Senate Passes FAA Furlough Fix, House to Vote Today

April 26 (Bloomberg) -- Bloomberg's chief Washington correspondent Peter Cook reports that the U.S. Senate has passed a bill allowing the FAA a funding fix to override automatic spending cuts causing flight delays due to air traffic controller furloughs. He speaks on Bloomberg Television's "In The Loop."
VIX Fixed on Fed Rate Hike Others Are Downplaying
18:36 - Michael Purves, chief global strategist at Weeden & Co., discusses the reliability of the VIX Index as a market indicator and why the VIX is anticipating a Federal Reserve rate hike later this month. He speaks on "Bloomberg Markets." (Source: Bloomberg)
  • Does Oil Still Pose a Deflationary Threat?
  • Chinese Artist Wears Painted Flags to Support U.N.
  • Germany Seeks Help in Bearing Brunt of EU Migrant Crisis