First Powerball Winners: We Were Shocked

Nov. 30 (Bloomberg) -- Mark and Cindy Hill, of Dearborn, Missouri, are the first winners of the record $588 million Powerball jackpot to go public. The Hills are taking the lump-sum option ($293,750,000 before taxes, about $136.5 million after taxes). Here are highlights of their press conference. (Source: Bloomberg)

How Long Will Chinese Growth Rates Decline For?
48:24 - China’s foreign-exchange reserves shrank to the smallest since 2012, indicating that the central bank sold dollars as the yuan’s retreat to a five-year low exacerbated depreciation pressure. UBS Head of Global Asset Allocation Mads Pedersen discusses with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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