Japanese Yen Carry Trade Shakes Markets | Business Matters Full Broadcast (August 5)

All three major US indexes in the deep red today. And it wasn't just the United States. Japan's Nikkei closing over 12% lower today. It's worst day since 1987. That's when Black Monday hit Wall Street. We look at what the unwinding of the yen carry trade may have to do with it.A federal judge has ruled that Google’s payments to make its search engine the default browser violates U-S antitrust law. The $26 billion dollars in payments effectively blocked any other competitors from succeeding in the market, according to the judge.