Bernanke: Cyclical Component of Unemployment Rate

July 17 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke says about 2 percentage points of the unemployment rate is "cyclical" and related to weak demand in the economy. Bernanke speaks in response to a question from Spencer Bachus, an Alabama Republican, during his semiannual testimony before the House Financial Services Committee. (This is an excerpt. Source: Bloomberg)
MasterCard Is an Enabler for Financial Inclusion: Driver
20:32 - MasterCard Southeast Asia President Matthew Driver discusses financial inclusion, technology’s role in breaking down the barriers and his company’s growth strategy in Asia. He speaks to Bloomberg’s Haslinda Amin at the World Economic Forum in Jakarta, Indonesia. (Source: Bloomberg)
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