What Makes the New Hermes Bike Worth $11,200?

Nov. 1 (Bloomberg) –- Luxury-goods maker Hermes is expanding beyond scarves and handbags... Today, it's launching an $11,200 bike, targeting wealthy consumers who want to meander about town. Bloomberg met with the designer and the man behind the project in Paris. (Source: Bloomberg)
Here’s Why the Fed Could Raise Rates in July
43:39 - Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management, explains why the Federal Reserve could make a move to hike rates in July and discusses the potential market impact of the move. He speaks on “In The Loop.” (Source: Bloomberg)
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