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July 16, 2024
The New York Stock Exchange and phil flynn keeping his eye on the gold at cme and blake burman at the white house. Edward lets start with you. The jobs report last time we saw 3. 5 unemployment an american walked on the moon. 1969 was the year. President donald trump over the moon about this jobs report. White house Economic Advisor larry kudlow though says he is blaming the fed for the sluggish wage growth number in these numbers. Listen. One were still suffering the aftermath of severe monetar...
July 16, 2024
Rid of him for you. Thats not his only problem is neither is the fact that he missed the cut for the next democratic debate. Why is a much bigger problem on his hands right now plus concerns mounting as Hurricane Dorian now expected to be a monstrous category 4 storm when it makes landfall. Coming up the latest on his path. Trish regan primetime begins right now. Im david asman and for trish. Our top story tonight a blistering report from the Inspector General claiming james comey violated his o...
July 16, 2024
This new yorker volunteer to get rid of him for you. Thats not his only problem is neither is the fact that he missed the cut for the next democratic debate. Why is a much bigger problem on his hands right now plus concerns mounting as Hurricane Dorian now expected to be a monstrous category 4 storm when it makes landfall. Coming up the latest on his path. Trish regan primetime begins right now. Im david asman and for trish. Our top story tonight a blistering report from the Inspector General cl...
July 16, 2024
You very soon. Theres this. Another College Cheating scandal. It seems some wealthy people transferred control of their children to other less wealthy people so they could claim Financial Aid from colleges. Again, big story. Full details coming up. The market heading lower after a series of china trade tweets from President Trump. Hes disappointed that china has not yet bought our Agricultural Products and hes speculating that china is waiting to see who wins in 2020 before making a deal. Not a ...
July 16, 2024
[inaudible conversations] the hearing will come to order. Today we will receive testimony from david marcus head of libra at facebook. On may 9 senator brown and i sent a letter shortly after it was reported that company was recruiting Financial Institutions and online merchants to launch a cryptocurrency based Payment System using a social network. We asked space bar for more information how the system would work, access and use of Consumer Financial information and facebooks access to use of i...
July 16, 2024
1 . 2. 1 . Ericsson right now is down more than 10 . It as well giving a sober picture of asia, saying that it may be a little bit too optimistic on profitability 2020. S for back to the main story in the United States, bank of america with record secondquarter earnings on the Interest Income despite a beat on trading revenues. Bank of america following peers lower. Here with more is the gentleman owner and finance reporter. Stocks are up, clearly not disappointing too much, but a net interest m...
July 16, 2024
The hearing will come to order. Last congress this Committee Held two hearings examining the currency ecosystem. Those hearings we heard about some of the developments that have occurred and tha and and tr ijokerin the marketplace since e creation in 2008. The potential benefits of the Digital Currencies and the concerns about the value of stability, quality and illicit uses market manipulation and privacy. Since then facebook announced its intentions to launch the system into Digital Currency t...
July 16, 2024
They need to bet on new shows like Stranger Things. Elon musk announces his latest startup narrow link, successfully implanting wires into his brain and enabling a monkey to control the computer. The next goal is human trials. We begin with the hearings on capitol hill. All appearing in washington to answer lawmaker questions on antitrust, social media, and cryptocurrency. The first was facebook as the Banking Committee fired searing questions at the cocreator of the cryptocurrency project. We w...
July 16, 2024
Irans foreign minister speaks about the future of its nuclear deal. United states has shot itself in the foot. Conversations from the g7. You now need countries that have the fiscal space to stimulate their economies. Abigail its all straight ahead on bloomberg best. Abigail hello and welcome. Best, youromberg weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. On monday co...
July 16, 2024
Entire libre system. I understand you will be distributing runtime executable and things like that so that all of that has to be bulletproof for cybersecurity. I was wondering how you would deal with the governance of that . Mr. Marcus two ways. We agree with you that this is of absolute importance. The way we are dealing with that is the language you are referencing will have formal verification in place to avoid issues. To the extent there are no compiler problems. Mr. Marcus the compiler will...