Sears Faces Liquidity Crunch as Cash Burn Increases

May 28 (Bloomberg) -- Bloomberg's Dominic Chu reports that Sears Holdings faces liquidity concerns as the company rapidly burns through its remaining $471 million in cash, which may only be enough to last five more months. He speaks on Bloomberg Television's "In The Loop."

Fed Rate Hikes to Be Forced by Higher Wages: Amoroso
17:26 - Anastasia Amoroso, global market strategist at JPMorgan Asset Management, and University of Chicago Professor Luigi Zingales talk about the Federal Reserve's rate hike path and improving wages in the United States. They speak on "Bloomberg Surveillance." (Source: Bloomberg)
  • The Strength of the U.S. Dollar and the Global Economy
  • North Korean Rocket Test Launches Global Concern
  • U.S. Economy: Strong Consumers or Corporations?