Wesbury: Shrinking 4Q GDP `Kind of a Head Fake'
Jan. 30 (Bloomberg) -- Brian Wesbury, chief economist at First Trust Advisors, discusses the fourth-quarter GDP report which saw the U.S. economy shrink 0.1 percent as government spending on defense fell the most since 1972. He speaks on Bloomberg Television's "In The Loop."
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Merck KgaA, Pfizer Cancer Drug to Cost $13,000 a Month
08:33 - Pfizer and Merck KGaA’s cancer immunotherapy won approval from U.S. regulators for patients with a rare form of skin cancer, and the companies plan to sell the drug for $13,000 a month. Merck KgaA CEO Stegfan Oschmann speaks on "Bloomberg Daybreak Europe." (Source: Bloomberg)