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Of basic incomes. What do you say to people that their jobs are in risk of being permanently dislocated. I think theres a pretty good chance we end up with universal basic income due to automation. Im not sure what else one would do. You know, thats kind of, i think, what would happen. You know, people have time to do other things, more complex things, more interesting things. Were going to figure out how we integrate with a world in the future have advanced a. I. Thats going to be one of the toughest maybe technology the Technology Revolution has taken place to y today. It took place 200 yooe...

Welcome everybody to power lunch. Im Tyler Mathisen. Glad you could be with us this afternoon. Lets take a look at the dow trying to break an eightday losing streak. That kind of streak hasnt happened since august of 2011. Right now the dow up 23 points or 0. 13 . Energy and financials leading the way. Oil back above 40 a barrel. Despite a surprise build in crude inventories. Brian. Hi, im brian sullivan, thanks very much for joining us. Heres what else is happening at this hour. Walmart reportedly in talks to buy web retailer jet. Com. Dow jones says the deal could have a price tag of up to 3...

A slightly lower open. European markets have, well, weve been hearing from the ecb although not much action, there it is, at least the equity markets at this point lower, though fractionally so you have to say. How is the 10year note yield doing and crude oil, theres a look. 1. 6, 1. 6. Wow. Things are getting crazy there. Crazy. Wti you can see is right around 45, 50 or so this morning. Lets get to our road map. It starts with day four of the Republican National convention in cleveland. Ted cruz was booed, mike pence delivered his speech, and they are gearing up for trumps speech tonight. We ...

Compromise . They should tell that to the up s. Attorney and the joint task force investigating the Clinton Foundation. I think that statement is irrelevant and wont take voters attention away from the Clinton Foundation. The Clinton Foundation is facing a probe from the irs as well. Its not going to do anything. Charles do you think any impact or sway on this election . Ill in the distinct position of clinton supporters. I think this is long overdue. Something that should have happened when she was a up s. Senator or secretary of state. Its now the news cycle instead of substantive policy iss...

Rate hike. The head of the bank says the labbe r market is so and so is the outlook for activity and inflation. That means the case for a rate rate rise has strengthed. Investors seemed to like that sending stocks high e but then her number two vice chair was more direct and said that with a possible we september rate hike and that changed the mood. Stocks reversed course and the dpan of the morning were gone. The Dow Jones Industrial average 63 points to 18,395. E liesman reports from p off jackso after taking in the t yeln took at the feds annual meeting an suggesting Interest Rates. She sai...