Cheryl the high Profile Exchange goes offline and reports of a massive theft. Lot happening in the next hour of fox business. But first, the dow up 19 points. Major averages in a bit of a roller coaster ride, volatility is back, nicole. Nicole putting out a note today saying how the market was testing his own vital signs. We held since they balanced off the levels, we do have that backandforth action. That is seeing his own back and forth. One thing worth noting also is the floor type of look at the big board, they see stocks higher, gold higher, treasuries higher. Now that is an unusual mix. Back to you. Cheryl watching the s p. That is what we need. G close. Adam big names reporting quarterly results, sandra smith with the trading. Things warmup, things will head outside and repairs on the houses. Six straight years of beating expectations, that drove sales in the quarter. Betterthanexpected earnings driving the price up there. Macys doing quite well, up 5 in todays trading session.
We voted on another Collection Program that the Central Intelligence agency has that tracks International Money transfers. By the international transfers, it picks up a fair amount of american data as well. I was wondering whether that also raises concerns. You talked a lot about the privacy and locations of that. It does add to this. I worry about any kind of bulk collection for a couple of reasons. What have you collected . So much, do you have anything . I asked these intelligence agencies and others if you want the police to go into your home and go through all their records, Everybody Knows they would have to have a search warrant. It would be inconceivable otherwise. Quality of records and Everything Else are online. They go in there. Is this any different . I think we are reaching a point in this country where many people feel we can do this so lets do this. Just because we can do it, does it make any sense . Secondly, do we have the legal right to do it . Thirdly, if we do have
Car with an artist. You dont know why. If you get 4. 9, only a small percentage get that. 4. 8 is competent, 4. 7, solid, 4. 5 gets a little hairy, may not know the city. We can use it to determine who is providing bad service, good service. Those providing poor service we cant partner with. Those accounts typically get deactivated. As an uber customer, wonder how you balance supply and demand. How are you tuning these algorithms. At our country we have a math department. Im a computer engineer, scientist, background at ucla before i dropped out. I thought that would be funny. I still sort of directly manage or get involved with that team. Basically seems naturally you push a button and a car comes in five minutes. How do you know that will happen. You have to predict ahead of time. The right number of cars at the same time. Predicting traffic. How long does it take for a car to get there can affect how all the trips happen going to leave this. You can watch the rest online at cspan. O
Priority, and were encouraged by the progress we have made thus far. Thank you for inviting me to testify before you today. Thank you so much for being here. For the meeting you had with our staff and me last week, and for your testimony. Thank you. Ms. Raman, pleasero proceed. Thank you for the opportunity to come before the committee to discuss the departments work. At the Justice Department, we look at virtual kerracies through the lenls of criminal Law Enforcement. We recognize that the currency could be an illegal means of exchange, and we also recognize that criminals will always seek to take advantage of new technologies to commit further or hide their crimes. Our responsibility as prosecutors is to insure that we continue to enforce the law even in new technological settings and to prevent criminals from using those technologies to create zones of impunity. As i will describe in mire testimony today, the department of justice has been aware of the threat posed by Virtual Curren
Security Committee Examining the policing of Virtual Currencies. Then a House Homeland Security Committee Examining the management at the department of Homeland Security. On monday, the senate Homeland Security committee examined the governments ability to police the use of Digital Currency with the laws currently on the books. Online decentralized systems allow people to Exchange Goods and Services Without using real money, including bit coins. This hearing is two and a half hours. Good afternoon, everyone. Thank you for joining us, we especially want to thank our witnesses, panel number one, and somewhere in the audience, panel number two. The i. D. Card is there, so pick it up please and put it where it belongs. That way well know who you are and you will, too. My succeeder in the senate used to say many years ago, he would say, his advice was wear a big button. Wear a big button when youre campaigning so youll remember your name and so will other people, too. We want to make sure p