Jenny Cosgrave is a writer/producer at CNBC.com covering the buy side, economics and markets. Previously she worked as a correspondent for Investment Week, covering the U.K. asset management industry.
Follow Jenny Cosgrave on Twitter @jenny_cosgrave
Following Robert Shiller's warning on markets, a fellow Nobel winner has said regulation is curbing already "stunningly sluggish" US growth.
Shares of mining giant BHP Billiton closed 4.9 percent lower in London on Tuesday after the group announced plans to spinoff businesses worth around $16 billion.
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