Budget Cuts to Affect U.S. Economy by as Much as 2%

Feb. 25 (Bloomberg) -- Morgan Stanley Chief U.S. Economist Vincent Reinhart discusses the impact on GDP of the looming budget cuts. He speaks on Bloomberg Television's "Street Smart." (Source: Bloomberg)
China Stock Boom Drives Luxury Car Demand
37:35 - There are signs that confidence is returning to the high-end consumer market in China with sales of super-luxury cars starting to pick up after a slump in 2014. Bloomberg’s Rosalind Chin reports on “First Up.” (Source: Bloomberg)
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