The s p hitting another record high yesterday. The 16th of this year. The s p futures indicated up 12. Dow futures indicated up 27. Nasdaq futures are indicated up, too. This comes after gains for the s p and nasdaq of more than 1 . Pushing both indexes to record highs. Dow closing higher. It was up 130 points yesterday. A lot of this came after what we heard from jay powell. He was speaking again before congress and yesterday he said this is key. Yardeni pointed this out. Powell said we are waiting to become more confident that inflation is moving sustainably at 2 . It will be appropriate to dial back the level of restrictions. That is what the market heard. Not far from it. As a result, you saw treasury yields pull back. The tenyear yield at 4. 07 . The twoyear yield at 4. 49 . It is interesting because it is all based on inflation. We havent even any definitive proof that the economy is going to fall off a cliff. Maybe we can get that today. Maybe he knows something. When he said we
Hi, good evening. Dr. Graham, coowner of politics prose along with my wife, Alyssa Muscatine on behalf of the entire staff, thank you so much for coming. I normally dont do this, but these are not normal times. Id like to call out somebody in the audience who has just joined us so youre not spending the whole rest of the session whispering, it really just a just as sao tome or were just a lookalike . [applause] thank you, justice for keeping hope and justice alive. A few quick administrative note, now would be a good time to turn off your cell phones or anything else that might go be able to get to the q a session, we encourage you to come to this part of the microphone and questions you might have noticed we do have cspan here this evening and we are also videoing for own youtube channel. So in order to pick up your question on the tape, it is important that you get to the microphone. At the end, our staff would appreciate if you fold up the chairs you are sitting in and leaned them a
There will be several companies in this current crop of new companies building media businesses that get that cycle going. Players and big Building Companies that will last for a long time. Buzzfeed theyat should be able to reach a larger audience and have better understanding one of how people understanding of how people work. On buildingused that cycle and other people are also also have a similar focus and that will lead to interesting new companies that will keep growing. Given that there is this rise of the new media startups and given that you do not think that there is a saturation point, what advice would you have for someone who is launching a media star today . It is good to look for new emerging platforms that people laugh at and think are not that important. People laughed at radio and cable when ted turner went to cable. Areas where people think this is silly and this will never amount to much is often a good base to go because other people are not there and you can figure
Is the sixth annual boston book festival. Youre the expert or she will see Panel Discussions on how mayors can affect National Politics and it is an inside look of the Digital World and the study of the brain and human consciousness. We will start with a debate on the uses of Technology Today and in the future. My mic is on. Thats good. I am Sacha Pfeiffer from wbur and im pretty excited for this panel because you are going to hear very different views on what the future holds. So we have here and we have talked a lot about the right order in which to bring our speakers up and we have decided you should probably hear from the optimists first about the future and then we will go to the pessimists. So the most optimistic person we have here is david rose sitting in the center. He has written a book called enchanted objects and next to me is our pessimist nick carr and andy mcafee or other optimists. Andy and david are colleagues at m. I. T. David and the metal, his whole work is basicall
Get into them and the whole problem will go away. I think that is fundamentally an evasion of a profound social challenge. Raise the issue of the minimum wage and unions and Bargaining Power of workers, but it strikes me were faced with a conund rum in a sense these changes make the imperative of giving workers more sort of Bargaining Power and a higher minimum wage make that more compelling and important but at the same time those same technologies make it easier for employers to replace workers who become too expensive with machines, so how do we thread that needle . Well, i think that is a real challenge and one of the ways i think a lot of us have talked about, not just the minimum wage, but the earned income tax credit which is a way of encouraging people to work and sharing some of the benefits from the economy to people who are are working and maybe not making very high wages. Through the tax code, not the employer, employee relationship. One of the differences is that while it