How Can Olsen Twins Charge $55K for a Backpack?

Backpacks are great to throw your things in and rush out the door. Not this travel accessory. Designed by famous artist Damien Hirst it costs $55,000. So, is it worth it? Former director of galleries across the UK Julian Spalding gives his take.
ISM Falls to 51.1 as Factory Expansion Slows in July
10:01 - The Institute for Supply Management's index slipped to 51.1 in July as manufacturing expanded at the slowest pace since May 2013. Bloomberg's Michael McKee breaks down the data on "Bloomberg Markets." (Source: Bloomberg)
  • BofA Vote Puts Regulatory Target on Bank Industry: Mayo
  • Can Earnings Bail Out Markets Battered by China?
  • Three Things That Are Moving Today's Markets