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It will come to order. Without objection the chair is authorized to declare a ressz of the committee at any time. All members have five legislative days in which to submit extraneous materials to the chair for inclusion in the record. Entitled the future of housing in america. Over sight of the department of housing in urban development. I recognize myself for three and a half minutes to give an Opening Statement. We welcome the 17th secretary of the department of housing and urban development. Dr. Ben carson. For his first appearance before the committee. Welcome sir. In one respect he maybe ...

Continued to remain subdued. The beige book gave us perhaps a hint of one explanation for why that is. In cases where there is Wage Inflation or higher input costs, the firms say, and materials, a law firms are still reluctant to pass that on. It is a very interesting line from beige book. Several districts noted increased manufacturing input costs, but in most cases, these werent passed through to selling prices. That underscores a theme weve seen for some time now, where companies in the u. S. Simply lack the Pricing Power they used to have. When their costs are going up, they are very reluc...

With president xi jinping. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. From washington, i am Alisa Parenti. This is bloomberg. Bloomberg technology is next. Emily i am emily chang and this is Bloomberg Technology. Coming up, Softbanks Vision Fund nears completion. After closing the fund in saudi arabia, what his childhood dream means for Silicon Valley and the u. S. Tax landscape. Ford kickstart its focus on ridesharing and selfdriving with a surprise shakeup. What the new c. E. O. Brings to the table. The markets most valuable play...

Ranges i agree and it occurred to me again why the market went up yesterday, we just dont know how to enjoy good things, good times. I mean, it really looks like we have maybe progrowth policies, Interest Rates that will probably still stay low. Inflation that probably wont be a problem. Everybody is worrying about Profit Margins hitting peak because wage gains will start hurting Profit Margins its bad for income inequality, but in the meantime Profit Margins stasy sustained. Everyone is saying its overvalued, but are we missing the point that there is like a perfect storm . Yeah, and yesterda...

Group says no decision has been made. This as toshiba slumps again. A very warm welcome to bloomberg daybreak europe. , our flagship morning show. Overd morning to you yusuf in dubai yusuf , to you, yusuf. We have to talk about the alltime record high for wednesday. I have the chart here for you, 16 higher than it was the day after the brexit vote. Mining stocks, one of the big drivers of the search. Story a big part of the and thats why got on this chart, the ftse 100 and white and expressed in dollars in the light blue and in euros in purple. You can see its not quite such an impressive perf...