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Business news live from singapore. The chief Janet Yellens swansong as she chairs the last meeting this week. What can we expect on us Interest Rates . And young tech entrepreneurs in taipei are ditching the traditional culture of playing it safe. Welcome to Asia Business report, im sharanjit leyl. Now, it is the key week for the federal reserve. Janet yellen will chair the last meeting of the federal open market committee, or the fomc, before handing over the reins to jerome powell, and the two day meeting will end on wednesday where it is expected to keep rates unchanged. Other items on the ...

Creeping back into this market lately, as attention remains squarely on the potential for tax reform, on lower oil prices, and on the health of the economy. When all was said and done, the dow jones industri dropd another 138 points, closed at 23,271, its lowest level in three weeks, by the way. The nasdaq was off by 31. And the s p 500 fell 14, but it does still remain just 1 from its most recent high. And tax reform is indeed a big deal for the markets and investors. This afternoon senator johnson became the first republican to say that he will vote against the Senate Tax Plan because he thi...

We have some limitations to our jurisdictions. Around issues of common carriage. We are at a moment in time where the jurisdiction is very much a source of conversation in this area as well. I would say the ftc rule is a generalized Consumer Protection enforcer, but we need some of our jurisdiction when it comes to being clarified. A top republican, the only republican on the commission. Wiry down to two . Why are we down to two . We are waiting for new commissioner nominees from the new york administration. We do have a commission where we can function. Ftc is arically the bipartisan commissi...

Guest well, its a great question and be incredibly topical given the wanna cry Ransomware Attack that is really zipping around the world over the last few days. The ftc is a generalized Consumer Protection enforcer and has also taken on the role of protecting consumer Data Security. And in that context, weve actually brought about 60 cases in the last few years involving whether security practices of companies are adequate to protect the consumer data that theyre holding. So weve been very active in crafting an approach to the security of consumer data that includes our start with Security Ini...

This week on the communicators we want to produce you terrel mcsweeny, the only democrat on the trade commission what is the charge of the ftc . The federal trade commission is the nations top Consumer Protection Enforcement Agency. We have a general mandate to protect consumers from unfair deceptive acts and practices from anticompetitive practices. Mandate is realtivelily broad. We cover many sectors of the economy but as im sure well discuss we have limitations to our jurisdiction, including around issues of common carriage. So were at a moment in time where the ftcs jurisdiction fccs sure ...