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Employees globally over the next five years, and why the company is setting such an ambitious target in the middle of a media firestorm. But first to our top story. Facebooks plans to create its own cryptocurrency, libra, is not getting love from lawmakers. And you can add fed chair Jerome Powell to the list. Take a listen to what he told the House Financial Services committee on wednesday. While the project sponsors Public Benefits including improved Financial Access for consumers, libra raises many serious concerns regarding privacy, money laundering, Consumer Protection and financial stabil...

Almost entirely to the ground. Because of the wildfires, fires are continuing to burn. Helicopters continue to douse the flames. Many people, forced to flee at a moments notice, had to leave everything behind. Hawaiis Attorney General has announced an investigation into why the islands Warning Siren didnt sound at the height of the emergency. Questions are also being asked about power, and why the power should have been cut to the island. Meantime, the police chief for maui county said he expects the death toll to rise. Realise this. When we find these. Ourfamily and our friends, the remains w...

Picture. Goldmansachs expects the fed to begin easing in q2 of next year. Also ahead, were going to talk about what is next for the tech sector. This is in the midst of whats been a rough august at least so far. Were down 7 month to date. And letter x Surging Company rejects an unsolicited takeover offer from its rival, cleveland cliff. Lets get some other news, though, as well, as we start the show paypal has a new ceo whoa. Yeah. Alex, who currently runs the Small Business and selfemployed group for intuit, is going to take over from paypals longtime ceo dan shulman on september 27th accordi...

7 billion flowdan to Crypto Assets last week we will discuss that with the delta plot we will discuss them in so much more throughout the hour. Lets get to markets, a hotter than expected cpi print that drove the narrative. In the equity space it was a negative reaction at first. We havent changed her mind about the idea that if a rate cut is coming from the Federal Reserve is not coming until june. We are now up by a percentage point and a lot of the legwork coming from the earnings story. Semiconductors higher. Even as you see rates creep i. The 10 year yield was creeping up and bitcoin is d...

Hawaiis Attorney General has announced an investigation into why the islands Warning Siren didnt sound at the height of the emergency. Questions are also being asked about whether power to the island should have been cut. For more, heres our correspondent in hawaii, sophie long. This is what remains of lahaina. Cars abandoned as people ran and jumped into the sea to escape the flames. Homes and businesses reduced to charred remains. President biden promised immediate help and said every available asset should be used to provide it, but, days later, people here say its not yet reaching those mo...