Pandora Sees Sales Hiring Crimping 3rd-Qtr Profit

Aug. 22 (Bloomberg) -- Pandora forecast lower third-quarter profit than analysts had estimated as the company adds to its sales staff. Jon Erlichman takes a closer look at the numbers on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Do Markets Worry Too Much About Inflation?
54:22 - Federal Reserve Chair Janet Yellen said the central bank was not to blame for the tumult that has engulfed financial markets this year and is unlikely to roll back its December interest-rate increase in response. Yellen added that the Fed was taking another look at negative interest rates as a potential policy tool if the U.S. economy faltered, a scenario some investors view as a mounting possibility amid a darkening outlook for world growth. SVM Asset Management Managing Director Colin McLean discussed with Bloomberg’s Manus Cranny on “Countdown.”
  • The Dash-Cam App That Aims to Prevent Car Crashes
  • There's a Loss of Faith in Central Banks: JPM's Ulrich
  • Market Turmoil: What Will Stop the Selloff?