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CSPAN3 Senate Banking Hearing On Facebook Digital Currency July 14, 2024

Free cspan radio app. Earlier today facebooks david marcus testified before the Senate Banking committee to address concerns over the companys proposed Digital Currency. This is 2 hours and 20 minutes. This 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 to facebook shortly after it was reported that the company was recruiting Financial Institutions and online merchants to help launch a cryptocurrency based Payment System using its social network. Our letter asked facebook for more information about how the system would work. Its access to and use of Consumer Financial information, and facebooks a ....

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CSPAN3 Senate Banking Hearing On Facebook Digital Currency July 14, 2024

Free cspan radio app. Earlier today facebooks david marcus testified before the Senate Banking committee to address concerns over the companys proposed Digital Currency. This is 2 hours and 20 minutes. This 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 to facebook shortly after it was reported that the company was recruiting Financial Institutions and online merchants to help launch a cryptocurrency based Payment System using its social network. Our letter asked facebook for more information about how the system would work. Its access to and use of Consumer Financial information, and facebooks a ....

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CNBC Squawk Alley July 14, 2024

Growth as solid and said that the labor market continues to strengthen but the fed pointed out that wage growth has remained moderate and that inflation has been below the feds 2 goal this year. In the report, the fed said that it remains firmly committed to its inflation objective. Here at home, the fed is still forecasting more moderate growth during the Second Quarter and that the slowdown in business fixed indepth could be persistent internationally, the fed said that growth has stabilized during the first half of the year, albeit at a restrained pace it also said that International Financial conditions were supported by accommodative communications by major Central Banks. Now, as you said, this all comes from the feds semiannual report to congress fed chair jay powell will be testifying on the hill next week ....

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CNBC Squawk Box July 14, 2024

The cac is up and the footstsef. The yields something weve been watching closely ticking up a little more like it was yesterday and that was a big difference in yesterdays market rally compared to the risk on tone to the sector performance. Thanks for that if youre looking for a negative, we did come off the highs. A couple of offsets, but it was a more constructive. Were getting back. Ill tell you. I can tell you week ago whats a week ago when i was sitting in for melissa, everyone was bearish. Really . Monday was a big week. It was the s p 500 and nasdaq both down. But that had been after six straight five or six straight weeks, so everyone was bearish the guy from Morgan Stanley, very bearer . Oh, i remember. Swell see. Bo jo, ten more people backing him. He had powder all over his nose. Thats derailed his campaign. Really . Theyre down to ten candidates. Ten. Boris johnson will make the final two. Less than the democrats you k ....

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BLOOMBERG Bloomberg July 4, 2024

Im katie greifeld, in new york. Welcome to bloomberg markets. Looking at markets so far this monday, there is a lot of green behind me. The s p 500 is up. 9 . Taking a look at tech, it gets even better. The nasdaq 100 is up 1. 3 at a lot of that is thanks to what we are seeing in alphabet, currently up 6 on the heels of a Bloomberg News scoop that apple and alphabet are considering a deal to allow the gemini ai to power new iphone features, sources telling bloomberg that the tech giants are actively negotiating a plan to let apple license the models into the new ios capabilities as soon as this year. Alex webb joins us with the details. Why does apple need google for this . Alex the assumption is that at this stage apple is quite awake behind google in this space, technologically. Google is one of the market leaders, up there with the load the likes of openai. Apple is really fighting to catch up and have moved a lot of people fro ....

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