U.K. Consumer Spending Drives 1% 3Q GDP Growth

Consumer spending and exports propelled the U.K. economy to its fastest growth since 2007 in the third quarter as the Olympics and a post-Jubilee rebound saw household expenditure rise the most in more than two years.
Fed Will Raise Rates in September: Marcussen
31:17 - Societe Generale Global Head of Economics Michala Marcussen discusses Greece’s economy, U.S. interest rates and the health of the U.S. economy with Bloomberg’s Mark Barton, Anna Edwards and Manus Cranny on “Countdown.” (Source: Bloomberg)
  • Structural Reforms Are Key for Europe: Marcussen
  • We Will Export Giga-Watts of Electric Power: Al-Naimi
  • A New Greek Election Is Quite Likely: Marcussen