Identity fraud is a hugely important problem. Today, criminals have tools at their disposal to get at sensitive Consumer Financial data. Complicated situation and that we get briefings like wheree i just received you go through just how massive the problem is and the techniques that are available. We realize that mentioning them in public is not a wise thing to do. This puts us in a tough situation. And thell of my Members Committee and their staff to get those briefings from members to our testifying today to see how big a problem this is. It is costing us a lot more than we think. Toolsare large numbers of that people use. These intrusions are only becoming more sophisticated. In the news this week there was synthesizer voice from anke instructions employee who thought it was his boss. That will accelerate as the Technology Gets more advance. The stakes in this are a enormous. Financial services at the front lines of this attack. It can be used for something to do Identity Fraud. It
Now we are at 29. 80ish we have been going side ways most of the year in 1997, the year started at an alltime high and went up. It is true. You think about where we were Christmas Eve and we had taken a huge plunge. We got it back interesting on the performance. Similar to the u. S. But china lagged significantly where we are in the trade war. Who is hurting more or less. Down about 4. 7 china has closed today but something to keep your eye on treasury yields are up part of that because of a weak japanese option not exactly for risk on reasons. I wonder if the new quarter means youve loosened up a little bit looking even at absolute levels, a lot of that has been weak. At the end of the quarter, it hasnt money too significant well be a bit of a head wind. Still talking about growth from 6 yesterdays day was fractionally better the eurozone manufacturing and final print was a tiny bit of expectations still the worst to october 2012, the Global Growth out look does not look particularly
And slackjawed. Slack slumps after Earnings Reports. This week, china and the u. S. Announced facetoface negotiations and that aimed at ending the tariff war will be held in washington. Skepticism on both sides for true progress remains high. This follows president trumps 15 tariff that became a reality last sunday, dragging apple further into the trade war. While the flagship iphone is spared, some key products are not. Namely, airports, apple watch, home pod, and imac. Guests joined us to discuss on tuesday before the latest round discuss on tuesday before the latest round of talks were announced. Apple is like you pointed out, the clear one. Any company that has manufacturing in china is there. But what is potentially more interesting than that is its starting to kind of spill over into other industries we felt had assumed were more resilient or tariffproof. Auto desk is an example. An Enterprise Software company, it is recurring, everybody thinks of that as being very defensive, bu
Background sounds. [background sounds] the task force will not come to order. The chair is authorized to declare recess of the committee any time that went out objection. There authorized to participate inconsistent we put the practice. Challenges and opportunities. The chair will now recognize himself performance for an opening statement. Thank you everyone for joining us today for what should be a very interesting hearing on the task force to explain the dangerous threat of Identity Theft. Ai is making it easier. How we can safeguard one of the most important things to have in our Digital Economy. That is our identities. Identity fraud is the usually important problem. In 2018 alone, almost 15 billion is estimated to have been stolen from us consumers online. If this doesnt include the more indirect future cost of having a compromise identity. Today criminals have lots of tools. They get sensitive Consumer Financial data, and there is a complicated situation that a member of Congress
Critics say it is not enough. And chasing tesla. New luxury car seeks to overrun tesla. We will run down the features, including the price. Slack chairs are plunging in after hours trading after the company gave its first earning report as a public company. While it beat analyst expectations for both secondquarter revenue and earnings, it projected slower sales growth for the second half of the year. Aboutsaid revenue will be 154 million in the third quarter, signaling that strong competition may dent the Software Makers rapid rise. Shares are falling about 15 in the postmarket, following the results that its poised for a record low. Joining me to discuss, nico and larry. Great to have you. Weve had a few hours now to digest the earnings. Give me some of the big concerns here. Is the big concern that Topline Revenue growth . Well, thats something i dont cover. I cover i work for technical professionals. I talk to the geek in the room, the i. T. Professionals about installing and securi