Japan Swings to Trade Deficit in July
Japan reported a wider-than-expected trade deficit in July as Europe’s sovereign-debt crisis and a slowdown in China dragged down exports and higher oil prices boosted imports.
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Kocherlakota: Fed Should Communicate Better for Markets
26:46 - Jeff Rosenberg, BlackRock managing director, and Narayana Kocherlakota, a Bloomberg View columnist and former Minneapolis Fed president, discuss the Fed's decision to leave interest rates unchanged while saying risks to the U.S. economy have subsided and the labor market is getting tighter. They speak with Bloomberg's Joe Weisenthal, Scarlet Fu, Tom Keene and Mike McKee on "Bloomberg Markets." (Source: Bloomberg)