Bloomberg News

Pimco's Gross: I'm Seeing a U.S. Recession

July 17, 2012

July 17 (Bloomberg) -- Bloomberg's Sara Eisen reports on today's top news including Pimco's co-chief investment officer Bill Gross sees the U.S. approaching recession, Fed Chief Ben Bernanke gives his view of the economy as he speaks before Congress today and it's the first day on the job for new Yahoo! CEO Marissa Mayer who announced on Twitter that she is pregnant and due in October. She speaks on Bloomberg Television's "Bloomberg Surveillance." (Source: Bloomberg)

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