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)
Investors Withdrew $2.7 Billion From Pimco in May
41:52 - Bloomberg’s Julie Hyman reports on breaking news on Pimco client redemptions. She speaks on “Bloomberg Markets.” (Source: Bloomberg)
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