How Is Detroit Planning to Recover?
Aug. 1 (Bloomberg) -- Bloomberg's Alan Bjerga reports on Detroit's plans for recovery. He speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
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Canadians Unprepared for Mortgage Hikes
02:33 - A new survey by Manulife Bank finds that most Canadians are unprepared for even a small percentage increase in their mortgage payments. About three quarters of Canadian mortgage holders say they wouldn't be able to handle a mortgage payment hike of up to 10 percent. Bloomberg’s Lily Jamali sat down with Manulife Bank CEO Rick Lunny to break down the debt numbers. (Source: Bloomberg)