Big Oil Misses $54/Barrel: High Prices, Low Profit

April 25 (Bloomberg) -- Bloomberg's Alix Steel explains why big oil misses the days of $54 per barrel oil and explains the increased costs associated with more expensive oil. She speaks on Bloomberg Television's "In The Loop."

Yellen: I Believe in the Independence of Monetary Policy
04:32 - Federal Reserve Chair Janet Yellen speaks about the state of the U.S. economy during a speech at the Stanford Institute for Economic Policy Research in California. (Source: Bloomberg)
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