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Barreling toward the location where the Oil Production goes on. Energye about the oil space, what the 2020 policy has to do with that. We are going to turn our attention to the fed, the big event this week. The markets are watching the annual market symposium in jackson hole tomorrow. It will be virtual and the theme is navigating the decade ahead. The kansas city president Esther George spoke with michael mckee. I will offer you from my perspective this has been a useful process, process that really asks of ourselves to look at what we have learned over the past decade, to try to think about ...

In southwestern louisiana, about 30 miles east as a cat 4 a storm surge forecasters say could be 20 feet deep. Good morning to you. Reporter good morning. The rain is steadily coming down here as hurricane laura moves up the coastline or state line from lake charles up to shreveport where i am the rain is coming down steadily for the past several hours this storm has been downgraded to a category 3. Many concerns remain around heavy rain that could lead to flooding and the possibility of high winds that could impact trees and cause trees to fall and lead to downed power lines and outages much ...

Enough clarity on the economy to justify restarting payouts yet. That decision is not yet final. Global news 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. It is 1 00 in new york and 1 00 a. M. In hong kong. Welcome to bloomberg markets. I will be speaking with bill ackman. We will discuss the debut of his new Blank Check Company which raised 4 billion in its initial offering. He will weigh in on what kinds of companies he wants to target with the money and other investments. ...

Josh lipton joins us with a look at the incredible stock, the incredible year. Hey, josh. Reporter carl, thats right. As 2019 comes to a close, apple investors have plenty of reasons to celebrate that stock has enjoyed a remarkable run surging more than 80 this year. That means apple is on track now for its best year since 2009 another way, it added 530 billion in market cap this year. Thats the equivalent of two netflix, three teslas, with a few billion left over. The nasdaq is market cap weighted, given apples size, it helped to power the index to a record 9,000 level today, most Analysts Co...

[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 information on individuals or group of individuals for credit or insurance or housing i appreciate fa...