Obama: King to Replace Duncan as Education Secretary

President Barack Obama announces that Education Secretary Arne Duncan is stepping down in December and will be replaced by Deputy Secretary John B. King Jr. Duncan and King also speak at the news conference at the White House. (Source: Bloomberg)

HSBC's Logan Sees Strong U.S. Labor, Healthy Expansion
42:51 - Kevin Logan, chief U.S. economist at HSBC Securities USA Inc., examines the strength of the U.S. labor market and the quality of jobs being created. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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