Obama Names McDonough White House Chief of Staff

Jan. 25 (Bloomberg) -- President Barack Obama announces the appointment of Denis McDonough, a longtime aide and deputy national security adviser, as his chief of staff. Obama speaks at a press conference at the White House. (Source: Bloomberg)
CMC's McCarthy on Commodities, RBA Policy, Markets
54:24 - Michael McCarthy, chief market strategist in Sydney at CMC Markets, talks about the rebound in commodities, the latest rate cut from the Reserve Bank of Australia, the nation's currency, and investment strategy. McCarthy also discusses China stocks. He speaks with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)
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