Economy Shrinks as U.S. Defense Spending Slumps

Jan. 30 (Bloomberg) -- The economy in the U.S. unexpectedly shrank in the fourth quarter, restrained by the biggest plunge in defense spending in four decades and dwindling inventories as household purchases picked up. Michael McKee reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)
Equity Valuations Lofty, Earnings Lousy: Morganlander
11:31 - Stifel Nicolaus' Chad Morganlander and Bloomberg's Michael Regan discuss the global selloff in stocks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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