Business of the PGA Championship: Sportfolio (8/29)

Aug. 29 (Bloomberg) -- What resources does it take to put on a major golf championship? Rick Horrow goes behind the scenes at the PGA Championship, interviews top executives and officials, and examines the impact of the tournament on the business of the PGA of America and the golf industry. (Source: Bloomberg)

Former Yellen Adviser Says Recession a ‘Live Possibility’
37:09 - 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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