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)
Fed's Yellen Speaks About U.S. Economy, Monetary Policy
29:17 - Federal Reserve Chair Janet Yellen speaks about the U.S. economy and monetary policy. Yellen said she still expects to raise interest rates this year if the economy meets her forecasts, with a gradual pace of tightening to follow. She speaks in Providence, Rhode Island. (Source: Bloomberg)
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