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UK inflation below forecasts, sterling falls

Mark Carney

Inflation in the U.K. rose to 2.9 percent in June slightly less than analysts had forecast saving the new Bank of England (BoE) Governor Mark Carney the embarrassment of having to write a letter of explanation to the U.K. government.

Neil Barofksy on fraud trial of Fabrice Tourre

Neil Barofsky Interview Still

Neil Barofsky, former special inspector for the U.S. Treasury's Troubled Asset Relief Program and a Bloomberg contributing editor, talks about today’s start of the fraud trial for Fabrice Tourre, the ex-Goldman Sachs Group Inc. vice president, on allegations he misled investors.