Set up to initially be a place to hold equity is that correct . What im told by the partners of the time [ inaudible ] all right, microphone on. The subcommittee on labor health and human services, education and related agencies, please come to order. Today, we are having a hearing on President Joe Bidens administration, 25 budget request for the department of labor. Im happy to welcome acting secretary, as we grow, we are looking at a bipartisan manner. This is passing into law by the president. This is part of the common ground. Instead of pursuing the policy riders, looking at the cuts with the Workforce Development protection program. A small minority is able to derail the appropriations process. House republicans did that last year. Repeatedly threatening government shutdowns. It hurts the constituents, the communities, intended to be served by another federal program. Causing federal agencies to waste time and money, instead of making sure that every dollar is used effectively, a
You see it not yet Companies Say theyre adapting their. Share Database Technology that allows two disparate bowmore to a more disparate and cities to deal with each other without a third party so a lot of lip service but why would slowing them down do you think well a lack of understanding number one the result of dealing with a block change see what the blood chain does is it out to disparate to and what this report is to work with each other so if your Business Model is predicated upon charging these two businesses and cities then youre putting yourself out of business so banks Brokerage Firms exchanges really dont want to put themselves out of business so theyre trying to modify the technology to make it do something that they want think of the horse and buggy manufacturers lobbying for cars unlikely to happen but its going to have to eventually so that actually get that piqued my interest their show. Are the systems whether or not its Financial Systems but Payment Systems essential
A tax cut package earlier wednesday morning Senate Majority whip john cornyn said i dont want to get out in front of the chairman but were very close the g. O. P. Is hoping to send the official proposal to President Trump by next week. For the third time this year the Federal Reserve has decided to raise Interest Rates this time by a quarter percentage point following a two day policy meeting while officials are releasing new projections on growth and im planning to one say they dont know how the economy would respond to a major tax overhaul just yet and wednesdays press conference was the last for a chairwoman janet yellen who will be replaced by howell on february third. For the latest on block chain bitcoin and other Digital Currency use we are joined by regular middleton the founder of veritasium reggie thank you so much for being here really appreciate your time so lets break this into two parts lets talk about block and then about bitcoin are companies adapting to the block chain
Also, we have had a strong run of gains for the major averages. Five straight weeks of gains. So now we are sort of hovering. There is a positive momentum as the s p and dow gained slightly. The nasdaq down very slightly. If you look at the s p 500 over the past week, it is not just today that we have seen this. There has not been that much of a change. Down about 10 about 7 10 of a percent. Even take a look at volume again today. If you look at the bloomberg, volume versus the 20 day average for all of the groups in the s p 500. All of these bars are down particularly energy. More than 40 drop in volume. Utilities, financials and health care seeing a 40 drop worse is the 20 day average. It is across the board. It is not it does not just feel like, it is lower than typical trading activity. Alyx is there a flight to safety in this Light Trading day or light across the board . Julie there is. You would think with little activity in stocks there would be little activity elsewhere and tha
David fasten your seat belts. Stocks turning positive after the close. Lori rothman is at the New York Stock Exchange and trader Scott Shellady at cme. Lori, start with you. Reporter big, round of applause from the dow, closed in positive territory. Sorry to say not a lot of Movement Ahead of tomorrows allimportant jobs report. The traders here tell me listen for the prior month in vision, that will be the market moving data point. Dow slightly higher, little changed across the board. We saw stocks and oil move once again closely in tandem. You had big movers despite little moves. Fitbit, stock hit 10,000 steps backward. The wearable fitness device, shares down almost 19 in the session. Earnings came out yesterday, not terrible. The guidance was the problem, and increasing concerns about Competitive Landscape between apple and also garmin for fitbit. Alibaba, better than expected, 39 rise in Fourth Quarter revenue, helped out in growth and merchandise volume. People are buying stuff of