Points and the s p is relatively flat weve been watching what is happening in the treasury market and we take a look now, well see the 10year yield, at this point, seems to be sitting at 0. 655 andrew, over to you. Just out in the last half hour, the Biden Campaign releasing a new jobs plan. Kayla joins us with more its 700 billion, kayla yes it is stemming from a 110page policy document that is essentially emerging of the left and moderate ring priorities inside the Democratic Party. It was produced. I the Campaign Said it will create millions of goodpaying jobs and reinforces some policy commitments as well as jot lining new programs that a Democratic Administration would push for including a 15 federal minimum wage, mandate for 12 weeks paid family leave, universal prek for 3 and 4yearolds and payment platforms for lowincome americans run by the federal reserve. Democrats say a Public Credit Reporting Agency is needed to provide transparent alternatives to the private sector. There
Billionaires adding more than a trillion dollars to their wealth this year. Lets get straight to the burning issues. With me is jason kelly, sonali basak, and Patrick Connor clark. The Public Markets have been shrinking. Give us a sense of how much we have seen the public world contract. Jason its dramatic. Obviously, im here in the heart of it in San Francisco, where Companies Stay private for longer. What that has meant is, over the last two decades, about half of the Public Companies have gone away, they are not publicly traded anymore, and that has been a boon here, Companies Stay in private for longer, but it has life implications for investors. A sense of whyt so Many Companies are deciding against going public, why they are sticking with private financing . The moneynly because is absolutely available. Here in silicon valley, we talk about venture capital, but private equity, we are talking about 4 trillion plus under management when you talk about private equity writ large, inc
Congress. Two democrats joined republicans in rejecting th articles while a third Democrat Cast his vote against the obstruction charge. Also this week, seven democratic president ial hopefuls headedto california for a dete at Loyola Marymount university in los angeles. This time, it mayor Pete Buttigieg on the defensive clashing with senator warren over a rarecent fund iser held in napa valley. With me now is senior Political Writer for the San Francisco chronicle, joe garafoli and l. A. Times political reporter melanie mason. Angeles. S us by skype from los welcomto you both. Thank you. Thanks for having me. Great tohave you both here. Joe, i want to start with you and were going to do a bit of a mea culphere. Am i crazy, it almost feels like there was not an impeachment of pra ident thick week. I felt the same way. We saw the adnes, president impeached. Part of that, you know, is the historical import, of couron, of three president s to ever be impeached and at the same time, we kne
Now are higher as they answer questions in public. Today the Intelligence Committee chair says the evidence might support a charge of bribery. Resident trump says he has done nothing wrong. Public testimony wednesday begins with bill taylor, a top diplomat in ukraine. West point graduate, vietnam war veteran and career diplomat , who has served under both parties. Also testifying will be george pence, the Deputy Assistant secretary of state for europe and eurasia. The question at the center of the impeachment inquiry, did President Trump abuse his power commit and Impeachable Offense when he asked ukraines president for a favorite to investigate rival joe biden, his son hunter and the company boersma that paid hunter to be on the board. Intelligence Committee Chairman adam schiff sent out a memo saying he will have 45 minutes for questioning. Its a much more efficient, effective way to do it. Democratic Committee Chairman adam schiff and minority leader devon nunez will likely leave mu
Europe is a big week personal income and spending is roughly in line. Our road map begins with apple, nearing an all time high, expanding ipad and air pod demand, Services Growth offsetting that demand social media twitter banning political ads, facebook defending its decision not to, saying, quote, its not all about money, facebook shares by the way rallying on those earnings head winds, markets are set for a mixed open, a report about chinas longterm doubts about a trade deal with this white house. Well begin with apple, though, higher than better expected revenue, despite iphone sales, results got a boost from stronger demand for ipads and air pods as well as growth in services they are issuing upbeat quarter guidance jim and josh lipton talked to tim cook about better sentiment in china as well. I was surprised with that, when talking with tim and with josh and on the street the whole tone of the discussion was that things are pretty much on track, more than we realize optimism by