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China cuts lending rates 40 basis points

Stephen Roach, Yale University senior fellow, weighs in on China's move to cut interest rates in an attempt to put a floor on its economy.
Source: CNBC.com
Detroit: Bye-bye bankruptcy

CNBC's Scott Cohn reports on the ruling of Detroit's financial future.
Source: CNBC.com
Detroit bankruptcy decision

In a historic ruling, Judge Steven Rhodes approves Detroit's plan to exit bankruptcy. CNBC's Scott Cohn reports the details.
Source: CNBC.com