Obama Urges Assault Weapons Ban, Background Checks

Jan. 16 (Bloomberg) -- President Barack Obama called for a renewal of a ban on assault weapons and high-capacity ammunition magazines as well as universal background checks as he presented the most ambitious set of gun control proposals in decades. He spoke at an event at the White House. (This is an excerpt. Source: Bloomberg)

Hong Kong Homes Are World's Least Affordable
09:02 - The shortage of affordable housing in Hong Kong has long been a headache for the government, but it looks like things aren't going to change any time soon. The city retained its rank as the world's most expensive housing market in a new survey. Bloomberg's Frederik Balfour reports on "Bloomberg Markets." (Source: Bloomberg)
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