Manufacturing in N.Y. Shrank; U.S. CPI Unchanged

Aug. 15 (Bloomberg) -- The Federal Reserve Bank of New York’s general economic index unexpectedly fell to minus 5.9 in August, the first contraction in 10 months. Separately, the cost of living in the U.S. was little changed in July for a second month, Labor Department figures showed. Michael McKee and Deirdre Bolton report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Greece's Temptation to Issue IOUs `Very High': El-Erian
43:38 - Mohamed El-Erian, a Bloomberg View columnist and former chief executive officer of Pacific Investment Management Co., talks about the Greek debt crisis. He speaks with Tom Keene, Brendan Greeley and Vonnie Quinn on Bloomberg Television's "Surveillance." (El-Erian is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)
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