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CBSN business headlines: Chinese markets closed after major dive

Name: CBSN business headlines: Chinese markets closed after major dive
Uploaded: 2016-01-07T10:20:43-0500
Duration: 1 min 1 s
Description: Chinese markets shut down after a massive sell-off, oil prices are at a 12-year low, Macy's is cutting up to 4,500 jobs and more. CBS News Moneywatch's Jill Wagner has today's CBSN business headlines.

Chinese markets shut down after a massive sell-off, oil prices are at a 12-year low, Macy's is cutting up to 4,500 jobs and more. CBS News Moneywatch's Jill Wagner has today's CBSN business headlines.