Facebook and Yahoo Settle Patent Dispute

July 9 (Bloomberg) -- Betty Liu reports that Facebook and Yahoo settled a patent litigation case that began in March while starting a new advertising partnership and strengthening distribution arrangements. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Former Yellen Adviser Says Recession a ‘Live Possibility’
25:54 - Chair Janet Yellen said the Federal Reserve still expects to raise interest rates gradually while making it clear that continued market turmoil could throw the central bank off course from the multiple increases that policy makers have forecast for 2016. Andrew Levin, an economics professor at Dartmouth College in Hanover, New Hampshire, and a former policy adviser to Yellen when she was the Fed vice chair, speaks to Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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