Australia Posts Surprise Trade Surplus

Australian retail sales advanced more than economists forecast in June, led by gains at department stores and clothing shops. The local currency strengthened.

President Obama's Budget: Dead on Arrival?
44:39 - President Barack Obama sent his final budget request to Congress, a $4.1 trillion proposal for fiscal 2017 that represents his aspirations for curbing climate change, bolstering education and technology while also setting a marker in the political campaign to succeed him. Bloomberg's Erik Wasson reports on "Bloomberg Markets." (Source: Bloomberg)
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