Yellen: `No Mechanical Timetable' for Fed Rate Rise

May 7 (Bloomberg) -- Federal Reserve Chair Janet Yellen says there is "no mechanical timetable or formula" for when the central bank will start to raise rates. She testifies before the Joint Economic Committee in Washington. (This is an excerpt. Source: Bloomberg)

Former Virginia Governor Allen on Senate Health-Care Bill
50:06 - Former Virginia Governor George Allen comments on the health-care legislation currently before the U.S. Senate. He speaks with Bloomberg's Scarlet Fu and Julia Chatterley on "Bloomberg Markets." (Source: Bloomberg)
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