Biden Says Administration’s Auto ‘Bet’ Has Paid Off

Jan. 16 (Bloomberg) -- U.S. Vice President Joe Biden speaks about the U.S. government's bailout of the nation's auto industry at the North American International Auto Show in Detroit. Biden’s visit to the show follows the U.S. Treasury’s sale last month of its remaining stake in General Motors Co. The exit ended the so-called “Government Motors” era that followed the U.S. government’s $50 billion bailout and reorganization of the company. (Excerpts. Source: Bloomberg)

Emirates NBD's Fox Expects to See U.S. Stimulus by Taxes
05:19 - Emirates NBD Bank Chief Economist Tim Fox weighs in on President Donald Trump's first 100 days in office and discusses his outlook for the U.S. economy. Fox speaks on "Bloomberg Markets: Middle East." (Source: Bloomberg)
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