[ applause ] over the last ten ceo councils right at the top of your priority list, first has been tax reform and right after that, education. What you have meant by that is developing the skills and skills training to make sure that you have the workforce you need for the next decade. Finding people who bring into your companies that can execute the type of work that you need done in a new technological world. So how does the white house plan to address your concerns . Matt murray, the executive editor of the wall street journal is going to interview betsy devos, the u. S. Secretary of education, who is very much focused on this particular aspect of your agenda. So please join me in welcoming them. [ applause ] secretary, good to see you. Nice to see you, matt. I think its fair to say, first of all, that education for this audience over the years is probably always the number one concern for many people whenever we poll our executives. So i know theyre keenly interested always in the
Matt murray, the executive editor of the wall street journal is going to interview betsy devos, the u. S. Secretary of education, who is very much focused on this particular aspect of your agenda. So please join me in welcoming them. [ applause ] secretary, good to see you. Nice to see you, matt. I think its fair to say, first of all, that education for this audience over the years is probably always the number one concern for many people whenever we poll our executives. So i know theyre keenly interested always in the state of education. And weve already had a lot of talk at the conference over the last day and a half on things like a. I. , things like the digitization of the workplace, and disruption and changes that already are happening and that we all think are going to accelerate in the coming years. I want to start by asking you, you have been on the job now almost a year. Whats your overall assessment of the preparedness of u. S. Workers today for this world and the world thats
Conditions at 112. 0. That is above februarys reading but in line with expectations. Of course we also have the ifo expectations 103. 9. Lets get straight out to the european economist at Morgan Stanley. Thank you for joining us. This reading at 107. 9 above the expectation of 107. 3. It follows strong pmi data yesterday so the slight beat perhaps expected. Yes, indeed. These numbers, the german ifo today and pmis suggest that momentum in terms of growth of the region as a whole, the euro area is strengthening. In fact we believe theres three that are likely to sustain the euro zone recovery this year. So our ecb induced because of the recent policy actions including the start of the qe program. We have currency weakness and falling bond yields so that means financial conditions and its cheaper oil price which is is the best of the two worlds. From the perspective of a euro zone consumer they pay less and it also keeps the central bank engaged because they may be afraid of not meeting
Improved. Its the talk of the town. Even as Inflation Numbers go up, its counterintuitive. Is the stock market bracing for a curveball that it wasnt expecting, a report showing a big jump in inflation on the wholesale level is raising those eyebrows and concerns that if inflation really is starting to rear its ugly head it could change everything for stocks and the economy. We will take a closer look at that story coming up here momentarily. Also ahead, more problems over at the irs. Paying out 13 billion in tax credits to people who werent qualified to get that money. The problem so bad that one in four payments shouldnt have been made, and this has been going on for years. Why hasnt it been fixed . Larry cud lowe is coming in and weigh i weighing on thoughts. And the flap over flappy bird. So addictive that its young vietnamese create ore pulled the game because the pressure, he says, was running his life even though it made him a multimillionaire almost overnight. What was he thinki
Discussion on how companies can efficiently navigate global capital markets with Cboe Canada Chief Revenue Officer for private companies seeking to go public