Gained 123 points, an alltime high, the s p climbs and the nasdaq climbs 1. 10 remind us why we stay in stocks for the long time. Every day were bombarded by negativity on a daily basis. This market has no real champions, despite its record shattering performance i know its hard to stick wit. Too many people come on to try to scare you just when you think the stocks have to go down for the count because of the alleged transgressions say of the sons of the father or at least Donald Trumps son, or janet yellen may say the wrong thin or because north korean missiles are pointed towards the aleutians, we get a day like today, where hopefully you can remember that sometimes things can work out for the bulls. What triggers this rally there are a variety of factors we had yellin telling you a good story of growth. We had a big dip in Interest Rates which reminds us there are higher yielding stocks that arent worth throwing away we had rumors that the president s chief economic adviser gary co
Angelika has the story and reaction from the trump campaign. Good morning. All this is just adding to the already damaging revelations made about donald trump and his behavior toward women and the timing on this could not be worse as the election is right around the corner. After the now infamous tape of Donald Trumps lewd comments so have more allegations from incidents that happened years ago. It was a real shock when all of a sudden his hands were all over me. He started encroaching on my space. He was like an octopus. Jessica said she was greened by donald trump on plane back in the 80s, she claims the going nominee tried to put his hands up her skirt. Another woman tells the paper that in 2005 while working at trump tower, he kissed other help the check and the mouth the first time she met him. A Statement Released by the Campaign Said this article is fiction and for New York Times to launch a completely fall coordinated character assassination against donald trump on a topic like
There is an organization governed by visa and mastercard. They control the technology that is the backend for these smart chips. One of our Lessons Learned early on is they manage the process well. Its an indicator that we have huge concerns about them being involved in transitioning the u. S. To digital and mobile commerce in the future. Thats one of the biggest lessons and takeaways for merchants who have had to rely on the companies for this major transition. Some members of congress of started to look into this and how its organized in governed. We need to ask why we dont have a more robust four pin here in the United States. There are branches of the Federal Reserve studying security who point to the development of standards which they directly and explicitly reference. It may result in lesser security as well as competitive disadvantages for other companies. We have seen that happen here in the u. S. What does this mean . We do believe that merchants will get there eventually. Th
Were highlighted in president obamas executive order that required technology for government issued credit cards and in a pride of the old terminals at federal buildings. Others have recognized that security benefits of combining chip cards with pins. In the last two weeks, discover, one of the largest card brands, embraced the willingness to use pins. New york had a consumer alert stating in part that chip cards that require a personal Identification Number could be entered at a pointofsale to make a purchase and they are the most secure. Over the last year, the payment industry has rebutted arguments in favor of this by saying one day we will move beyond the pen. Even if thats true, there will always be a Better Technology available down the road. It doesnt make sense to make the American Public stand by and wait for an alternative while they remain susceptible to fraud. Traditional credit and debit cards account for the overwhelming majority of all transactions in the United States
From london. Im francine lacqua. The chinese president begins a visit to the United States today. It is his first as chinas leader and comes with growing tensions over cyber hacking. New data from their most used suggests that the worlds secondlargest economy is stabilizing. We will have more on that in a moment, but first lets get the latest on president xis trip to the states. Cyber security seems to be a big problem. They will talk about the economy as well. They certainly well. The whole issue of cyber security, francine, and Cyber Espionage will probably overshadow this meeting as one of the most contentious issues they will be discussing in washington. Between problem lies the way that you define what is acceptable as espionage. The u. S. Thinks if you do best be large, Cyber Espionage, for the purpose of military information or political information, that is acceptable, as it has been when we have seen governments in states spying on each other in order to get a leg up in milita