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)

Samsung Shakeup: Bloomberg West (Full Show 12/01)
43:49 - Full episode of "Bloomberg West." Guests: Troy Stangarone, Korea Economic Institute senior director, Piraye Yurttas Beim, Celmatix's chief executive officer, Mark Siegel, Menlo Ventures managing director, Dan Schulman, PayPal's chief executive officer, and John West, Whistle Sports founder and chief executive officer. (Source: Bloomberg)
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