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Diversity officer. She tells us how facebook plans to double the number of female employees globally over the next five years, and why the company is setting such an ambitious target in the middle of a media firestorm. 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. While the project sponsors Public Benefits including improved Financial Access for consumers, libra raises serious concerns regarding privacy...

Negative territory for the day. This is the last trading day for the month. All three major averages end in the green for the second month in a row. Fox Team Coverage with Edward Lawrence at the Federal Reserve. Jackie deangelis on the floor of the New York Stock Exchange and blake burman of course at the white house but edward we start with you. Reporter a quarter point percentage what they cut off the federal funds rate. Not everyone in the room believed that should happen. There were two dissenters, boston Federal Reserve president and kansas city Federal Reserve president said they would l...

Since may, cross currents have reemerged it was almost a year ago today, july 18th, 2018, that the president first levied his criticism against the chair in an interview on cnbc im not thrilled because, you know, we go up and every time you go up, they want to raise rates again. I dont really i am not happy about it but at the same time, im letting them do what they feel is best. But i dont like all of this work that goes into doing what were doing. Since then, dozens of tweets and quotes going back to the fall obviously things like are you listening, fed, they dont have a clue, we would be th...

Of 131. 10. S a bit ago, we crossed the 3000 fed for the s p 500 on the chairs remarks. The 10 year yield at 2. 06 right now. Dq a day be interesting. Q a will be the interesting. We will see if that moves anything. Terms of analyst action, deere is down about three quarters of 1 . It had a huge move higher over the last few months, up 20 or so. Analysts saying maybe that is baking in the full valuation now. Comcast up 2. 1 on an upgrade now as well. Guy Jerome Powell is in the room. We will take you there very shortly. Stoxx 600 up, the euro up come of the german twoyear narrowing its losses ...

Opec and allies extend curbs on oil production. Eu leaders make a striking selection to lead the ecb. Its breathtaking. It has the benefit of surprise. Viviana july is here. The fomc has signaled rate cuts may be coming. Clevelands fed president shares exclusive insights on the policy outlook. I think the fed funds rate is about at neutral right now. Viviana plus, expert perspective on what is ahead for the global economy. I think the market is getting a little bit greedy in terms of rate cuts. If these escalate, there will be a global recession. Viviana it is all straight ahead on bloomberg b...