Is Tourist Spending in U.S. Being Overstated?
A decline in tourism, prompted by the dollar’s appreciation, may help to explain two apparently contradictory trends in recent U.S. economic data: Consumer spending has been weak, but retail hiring is robust and the labor market more broadly is in good health. Bloomberg Intelligence's Yelan Shulyatyeva reports on "Bloomberg Markets." (Source: Bloomberg)
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Suspected Terrorists Killed Hours After Barcelona Attack
34:42 - Hours after the van attack that killed at least 13 people in Barcelona, Spanish police say they have killed perpetrators in a counter-terror raid in a town 120 kilometers away. Officials say four presumed terrorists are dead and one is injured. Bloomberg's David Tweed reports on "Bloomberg Markets: Asia." (Source: Bloomberg)