Stay updated with breaking news from Solutions power. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Bloomberg television, starting at 9 00 p. M. Eastern. Along the gulf of mexico, the texaslouisiana border is reeling after hurricane laura unleashed a wide swath of destruction, with winds reaching 150 miles an hour after coming ashore. It is now churning over louisiana. It could lead to more than 15 billion in insured losses. One of the top talkers on wall street, meantime, news of wall street joining microsoft to make a joint bid for the social media sensation tiktok. Now aligned with oracle. For more, i want to get to scarlet fu in new york. A lot tied to these remarks from the fed. There was a lot of gyration in jay powells remarks. In the case of equities, the fed moved it higher. The dollar moving higher. Bonds falling. In no rush bank is to raise interest rates. It will let the job market run hotter and inflation run higher, potentially overshooting the 2 target, before taking any kind of action. In the end, we saw financials get a boost. They benefit from a higher yield and a s ....
Well what is the problem . And when you start thinking about what is the problem, it goes to a lot of different directions. You have an issue of global migration, you have immigration and immigration policy. You have refugees and displaced persons, and you have the treatment and according to the un, there are 272 million migrants in the world, so you talk about people that have moved from country to country, that is a large number. There have been three and a half part of the global perception, but the bigger number is 70 million displaced persons, and if you think about, that we are living at a time when we see more people forced out of their lives and out of their homes. And you see these people on the move. Over half of the refugees that are in other countries are from three countries, syria afghanistan, and south sudan, which is also really striking. When you think about what this means for policies, then theres obviously policies for handling refugees, policies for migration, poli ....