Switzerland Defends Franc With Cash Reserve Boost

Aug. 7 (Bloomberg) -- Bloomberg's Sara Eisen reports that the Swiss central bank’s foreign-currency reserves surged to a record in July as the euro region’s increasing turmoil forced policy makers to step up their defense of the franc ceiling. Switzerland’s cash pile swelled 11.3 percent in the month, pushing holdings to 71 percent of gross domestic product. She speaks on Bloomberg Television's "In The Loop."
Donald Trump Operates Stingy 401(k) Plan for His Workers
52:19 - Republican presidential candidate Donald Trump operates a stingy 401(k) plan for his workers, according to government filings. Bloomberg's Richard Rubin reports on “Bloomberg Markets.” (Source: Bloomberg)
  • Mind the Productivity Gap
  • Your Move, Greece: Europe's Leaders in 90 Seconds
  • Will Aetna, Humana Union Impact Health Costs?