Democracy. Next, on capitol hill policy advocates testify on ways to protect consumers from unsafe online counterfeit goods. The Senate Judiciary subcommittee hearing focused on the rapid growth of counterfeiting on ecommerce platform. This is about an hour and a half. [background noises] this will come to order like to thank our witnesses for participating today. I would also like to thank a Ranking Member tillis and his staff for working in a collaborative way to put this hearing together. I would like to welcome senator geraldo. This is our fifth hearing of the subcommittee this year. Center tillis you and your team continue to be great partners in moving forward. Just to set the stage more broadly on the focus of this hearing, Online Shopping has expanded your dramatic has exploded in recent years. Last year, sales exceeded 1 trillion for the first time as millions and millions of americans turn to Online Platforms for ebay to amazon to find the brands they trust at the prices they
We will see how much to read into the price went. Welcome to Bloomberg Markets. Good to have you back. What is going on over where you are in the bond market . It is a huge rise in yields i do understand i do not understand. Guy i am trying to figure out dogs and tails, which is the dog and which is the tail. It seems like the european bond markets are having a big impact potentially on the treasury market. In placing inflation looks like it is coming down. Inflation is coming down and what we are seeing on a day like today is yields going higher and that is peculiar. Maybe there is month end affect coming in and maybe this is a realization we are underpricing yields. Alix what is weird is stocks are doing nothing. That does not melt with a 17 basis move up on the 10 year. Guy these are big moves and we have this issue. If you take a look at big tech in america, you wouldve thought the big move we were getting in duration what encouraged people to sell in tech. It is one of the areas t
Its the last attempt to get a lifeline and keep greece in the euro. German chancellor Angela Merkel says time is running out. Angela weve shown much solidarity with greece. Our last offer was very generous. In these time of challenges be it refugees or terrorism, europe can only keep strong and stand together if every country asumets responsibilities. Vonny they have to decide whether they can cooperate with cyprus and walked out of talks and called the referendum. Theyre trying to prop up the falling stock markets. Foreign investors are selling shares at shanghai listed stocks at a record pace. Vonnie obama warns it will take time and went for a briefing with the top military commander and called the fight against the Islamic State a generational struggle. President obama this will not be quick as a longterm campaign. Isil is opportunistic and it is nimble and many places in syria and iraq including urban areas, its dug in among innocent civilian populations. It will take time to root
Us will slowly falling to the mid70s by endicott planets upper 60s much cooler across the bay area as of right now looking at the Golden Gate Bridge camera were talking about the weekend for cash all those details coming up at 415 a quick check of traffic is moving smoothly as of right now looking at the bay bridge toll plaza traffic is moving smoothly as a bridge across the bay where nesting in the delay is a view headed to downtown San Francisco a quick check of the san mateo bridge traffic with forgive much charlie was born over 92 watching any delayed the drive time is about 12 minutes from and to and fatalities about where ever reason as to continue offer to the was wrong direction announcing anything but you could see a potential for a little bit of fog as you did close to tomorrow and accounting pettifog and drizzle this morning is going to be called for today will have a chance for some nine or maybe was a thunderstorm starting tomorrow. James our bookstore where following he w
Leggett you whether and traffic. Matt pelman in for karen and dave murphy. Youll get more high humidity at a. Could be more drenching thunderstorms around later too. We had some of those late yesterday and last night. As you take a look the closest precipitation is off to our west, just a little bit of a sprinkle here or there locally. As you head out the door it is warm. 77 degrees in philadelphia. Even up in allentown 75 at this hour. 75degree readings on the boardwalk and about the same everywhere else. And the dewpoints are still above 70 almost everywhere and that means the humidity is oppressive. Youll feel it as you start Walking Around and working outside. 73 by 6 oclock, 78 by 8 oclock. Warm and humid as we start out, partly cloudy skies. If you want to do some exercising i would recommend getting out there early and getting that done. By noon were up to 86 and then 3 oclock that is your high today 89 degrees and some urban centers Like Center City youll hit 90 and theres the