Rupkey on U.S. GDP, Initial Jobless Claims, Economy

Feb. 28 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, talks about today's reports on U.S. initial jobless claims for the week ended Feb. 23 and fourth-quarter gross domestic product. Jobless claims decreased by 22,000 to 344,000 in the holiday-shortened week, the Labor Department reported in Washington. GDP grew at a 0.1 percent annual rate, up from a previously estimated 0.1 percent drop, revised figures from the Commerce Department showed. (Source: Bloomberg)

Politics and Markets: Preparing Your Portfolio
38:03 - John Canally, chief economic strategist at LPL Financial, discusses a market bounce from the U.S. presidential election, expectations for a Federal Reserve rate hike, and the political combinations that historically work best for markets. He speaks on "Bloomberg Markets." (Source: Bloomberg)
  • Yahoo CEO Marissa Mayer on Verizon Deal, Her Future
  • Mayer: Important for Me to See Yahoo Into Next Chapter
  • Active vs. Passive Investing: Advice, Price, and Trust