What Makes the New Hermes Bike Worth $11,200?
Nov. 1 (Bloomberg) –- Luxury-goods maker Hermes is expanding beyond scarves and handbags... Today, it's launching an $11,200 bike, targeting wealthy consumers who want to meander about town. Bloomberg met with the designer and the man behind the project in Paris. (Source: Bloomberg)
Most Recent Videos
Latest Fed Minutes Point to June Rate Hike
01:26 - Most Federal Reserve officials judged “it would soon be appropriate” to tighten monetary policy again and backed a plan that would gradually shrink their $4.5 trillion balance sheet, according to minutes from the FOMC's May 2-3 gathering. Bloomberg's Chris Condon reports on "Bloomberg Markets." (Source: Bloomberg)