Chris Rupkey on Mortgage Rates, Housing Market

Aug. 23 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, talks about the impact of rising mortgage rates on the U.S. housing market. Sales of newly built homes declined 13.4 percent to a 394,000 annualized pace, the weakest since October, Commerce Department reported from Washington. (Source: Bloomberg)
Is Virtual Reality the Next Mega-Trend in Tech?
01:07 - Piper Jaffray's Gene Munster and Canaan Partners' Maha Ibrahim discuss the future of virtual reality with Bloomberg Businessweek's Brad Stone on "Bloomberg West." (Source: Bloomberg)
  • Tech, Financials to Be Rediscovered in 2-3 Years: Lee
  • Week in Review: U.S. GDP Shrinks 0.7% in 1Q
  • Humana Soars as Possible Sale Explored