Chinese Consumers Tops in Love of Luxury Goods

Dec. 12 (Bloomberg) -- Bloomberg's Sara Eisen reports that Chinese consumers have overtaken U.S. shoppers this year to become the world’s biggest buyers of luxury goods, accounting for 25 percent of global sales through purchases at home and overseas. She speaks on Bloomberg Television's "Bloomberg Surveillance."
Fed's Lockhart Says He Still Backs Rate Hike by December
23:37 - Federal Reserve Bank of Atlanta President Dennis Lockhart speaks about the U.S. economy and the timing for the central bank's first interest rate increase since 2006. He speaks to the Society of American Business Editors and Writers in New York. McClatchy Newspapers' Kevin Hall moderates. (Source: Bloomberg)
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