News Wrap: China Passes Japan to Become World's No. 2 Economy

Listen to the Audio HARI SREENIVASAN: The budget unveiling had mixed results on Wall Street today, as investors weighed the impact of the proposal. The Dow Jones industrial average lost five points to close at 12,268. The Nasdaq rose nearly eight points to close at 2,817. China has officially become the number-two economy in the world. The country overtook Japan, after Japanese data confirmed ...