Spending Spree: The One Week China Buys Out London

Oct. 7 (Bloomberg) –- The Chinese national holiday Golden Week has come to an end and it's been kind to UK retailers -- especially those in London's Luxury Quarter. Chinese visitors have pumped nearly seven billion dollars into London retailers in the last five years, making them some of the most important international spenders.(Source: Bloomberg)

Plosser: The Fed Has No Real Strategy to Proceed
43:02 - Charles Plosser, former president at the Federal Reserve Bank of Philadelphia, discusses market expectations of a Federal Reserve rate hike, the lack of a strategy on rates, and the credibility of the Fed. He speaks with Bloomberg's Jonathan Ferro on "Bloomberg ‹GO›." (Source: Bloomberg)
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