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And subcommittee on Global Competitiveness will come to order. I know this seems a little strac strange with an empty room except for three witnesses live in front of me and many of our colleagues are going to be joining us virtually. But i want to welcome all of you nonetheless to this important hearing. This subcommittee continues to do its work in exploring the unfair trade practices of foreign governments, especially china and russia. The topic of censorship in china is a common one because it is growing effect on business in the United States as well as culture. Last fall, for example, th...

Edwin star, war, what is it good for. Welcome to power lunch, im Tyler Mathisen and i date myself proudly, ladies and gentlemen the dow at its low, now down 123 or about a half percent. But why . Well, its basically boeing and caterpillar. S p 500, it is higher by about a fifth of a percent and nasdaq higher about a half percent. Those are sitting at record levels the nasdaq, i should say, despite the hurdles facing big tech as the doj takes aim at the industry more broadly launching a broad review of Big Tech Companies over fresh anticompetitive concerns. Elon moy with more the Justice Depart...

Still with sunshine around it will be another warm affair, temperatures as high as 27 degrees, that is still 80 fahrenheit but as we go into the weekend, once again another area of low pressure will move in and anchor it self to the north west which means the further north and west you are, you are likely to see more frequent showers throughout the weekend. Some showers into the south east but it will not be as bad as it has been in previous weekends and temperatures will be reasonably promising, i9 and temperatures will be reasonably promising, 19 to 2a degrees the high. Maybe a degree or so ...

New investment restrictions tied to china its wednesday, august 9th, 2023, and youre watching Worldwide Exchange right here on cnbc. Good morning welcome to Worldwide Exchange. Im frank holland. Lets get you ready to start this day as always kick it off with a check on u. S. Stock futures. Right now were seeing them in the green across the board open up about 08 points higher nasdaq, more than a third percent higher in the premarket after a rough session for stocks yesterday. Investors digesting the moodys downgrade that sent major u. S. Officials sinking. Goldman sachs closing 2 lower, citi d...

Krishnamoorthi, the select committee on u. S. China competition talk about the relationship with china at an event hosted by harvards institute of politics. [applause] good evening. Its wonderful to see everyone here. Thank you for braving what could be a snowstorm that will keep you trapped in chaos for the next two days. For i know what will be an important discussion. I appreciate everybodys flexibility with the time so we can make sure that our members of congress get back to washington in time for their votes tomorrow. So, im relieved that youve already been introduced because youre both ...