We talk about tapestry in just a bit, welcome to the closing bell everybody im kelly evans and, well weve given you the hint to the story that well talk tapestry later this hour. Im bill griffith, spoiler alert, the ceo of box is looking to become a leader in Artificial Intelligence with its latest Product Announcement aaron levy will be back with this exclusive interview from box works to discuss the latest move, coming up. Also we have underarmor shares under pressure today after a new report says teens are more or less over the brand. Companies down about 1. 5 on the session. Well tell you what teens are buying these days. Man, that was a great album the hit after hit after hit. We have breaking news from last hour, President Trump wrapping up his meeting with canadian Prime Minister trudeau. Eamon has the latest on that reporter yeah, hi fwil, youre right, that meeting wrapped up Justin Trudeau is getting ready to roll out of the white house you might see him roll right behind us h
Basically make their devices more secure. And we do that by looking at a couple Different Things on the device side, systems side and do hardware and Software Engineering to help them to that. Host theres quite a bit of competition in this field today, isnt there . Guest yep, yep. Youve kind of got to carve out a niche for yourself. Specifically, i work with a lot of crypt graphic devices host which is what . Guest these are devices that need to use cryptography typically to embed some sort of secret in the device. And if everyone uses it every day, maybe without realizing it, and this is the equivalent thing but on a device level. Host do you work with the federal government at all . Guest short answer is, no. I was in the navy for ten years, went to the naval academy. A lot of my background and training is with military and navy, but currently i just work in the commercial sector. Host why did you get into this field . Guest is it started, i think, at the naval academy. I did, was on
Are not seeing a bigger reaction . Julie there was a bigger reaction when he opened, but it has since abated. It seems like nothing will stop the engine of this rally or small moves on a daily basis. That is what we are seeing today. Stocks are bouncing up a lows of the session. If you look at the groups in the s p 500, we have got about half even between green and red on the screen. Even the declines are now updating to some extent. Telecom stocks leading. Health care continuing its run in a particular group. We have Consumer Staples tech and energy in the red, for not having as much of an influence. Financials are on the unchanged line. Financials were earlier in one of the worst performing spots. One of the things tied up in the financials has been the bond market. We have seen steep selling earlier in the day. Buying in the bond market. Bonds earlier saw a drop in field of his as much as five basis points. It is now three basis points. Earnings are a big topic of conversation and t
Hassett linkous insights today on the forces and constraints that are holding back private investment, labor forcedi participation and important, wages go up to get a clear picture of how the right policies can help the economy recover its full potential. The contrasting with the aging of the population, the slowing of the population growth and technological changes that altering the methods of production in america. With selfimposed constraints of also altered the way the economy performs and not in a good way. I certainly we can do something about that here in the United States congress. Id like to divert your attention to the craft showing how the Congressional Budget Office lowered its assessment of the economys output potential every year since 2007 through 2016. These 16. These are not projectionsns of actual gdp my juice but a potential the economys output capacity normally a fairly stable concept. Back in 2007 the cbo estimated the u. S. Output potential for 2016 would be over
Chairman kevin hassette about the potential approaches to overhauling the nations tax code. This is an hour and 15 minutes. Good morning, everybody. I want to welcome everyone to the most informative hearing on how we can accelerate Economic Growth in the United States, what is haute holding back Economic Growth in america has been of central interest of this committee from the conyet of my term as chairman. Our hearings have produced useful information and insights. Im particularly pleased to have chairman hassette lend his insights today on the forces and constraints that are holding back private investment, labor force participation, and important just as important as anything else, wages. We hope to get a clearer picture of how the right policies can help the economy recover its full potential. The economy is dealing with the aging of the population, the slowing of a population growth, and technological changes that are altering the methods of production in america. Self imposed co