Gedmin: Americans Need to Live Within Means

The U.S. fell to 12th position from 10th in the Legatum Institute’s annual prosperity index amid increased doubts about the health of its economy and ability of politicians. Bloomberg's Maryam Nemazee speaks to Jeffrey Gedmin, chief executive officer of the Legatum Institute, about the possible outcome of the U.S. election and how it may affect the country's prosperity.

Alibaba Faces SEC Investigation Over Accounting Practices
44:24 - Shares in Alibaba fell the most in four months after it revealed that the SEC is looking into its accounting practices. The information was disclosed in Alibaba's annual report filing. Bloomberg's Rosalind Chin reports on "First Up." (Source: Bloomberg)
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