Announcer cspan is your unfiltered view of government. Funded by these Television Companies and more, including comcast. Oh, you think this is just a Community Center . No, its way more than that. Comcast is partnering with 1,000 Community Centers to create wifi enabled lift zones so students from low income families can get the tools they need to get them ready for anything. Announcer comcast supports cspan as a public service, along with these other television providers, giving you a front row seat tdemocracy. Ftc commissioner render dez brendan carr talked about the advancement of broadband connection and regulations during a tech summit in washington, d. C. This is about 30 minutes. I want to thank you for talking about whats happening on the hill. Its great to be here. As soon as i got the job, thought the best way to do this job is spend as little time inside the beltway as possible. Within a day of being sworn into the job, i got on a plane to North Carolina and went to a Fiber
In washington, d. C. This is about 30 minutes. Welcome back, everybody. Thanks so much for joining us. Glad to be with you. Good to see chip again and most of the rest of you as well. A pretty good crowd to great to be here. And the commissioner puts on the hard data climbs up the towers. We have that in common. I will never climb a tower we will never have that in common. Youve been such a great leader on these issues and i want to thank you for the leadership and always coming to the policy summit to talk about us about whats going on at the ftc. You said we are going to spend 45 minutes chatting . Whatever you want. I thought the best way to do this job is to spend as little time inside the beltway as possible. Within a day of first being sworn in, i got on a plane and went to North Carolina and i spent a lot of time with the fiber builders and the tower climbers. It was a way to understand the red tape that needs to be cut or the changes that need to take place. When you cut out th
Chatgpt but with chatgpt boom with a stake in openai. Publicly traded markets from the macro context, this is one where we see a search for safety. Iran, israel, geopolitical risks heightened, and a squaring away of certain volatility that weve seen throughout the week when it comes to concerns about cpi, ppi as we move towards the weekend. Equities for once are moving the opposite way of the bond market, even though the bond market has been selling off it managed to ride higher. Today is the opposite paired we have seen money move into the havens that are the 10 year yield off by 8, 9 basis points. Money moving there. Money moving into the bloomberg dollar index, the highest weve seen since 2024. Money coming out of equities as we worry about geopolitical tensions off by one point 1. 4 on the nasdaq. Moving on, having a look at what is happening at another key risk asset, actually surprisingly flat for bitcoin over the course of a week. No volatility on a daytoday basis, we have just
we start in the us where the federal reserve gave financial markets a double boost on wednesday. it says the world s biggest economy will recover much faster than it was predicting a few months ago as vaccines are rolled out and government stimulus cash begins to flow. and it has put to rest for now fears that higher interest rates are around the corner. the fed has promised to keep them close to zero until the recovery is complete. michelle fleury has more. jerome powell was surprisingly forthright. he said he is in no rush to pull support from the economy. with 9.5 million jobs still missing and spending on travel and hospitality still weak, the fed chief said the bank was committed to keeping borrowing rates near zero until the job is done. the job is done. today, interest the job is done. today, interest rates - the job is done. today, interest rates were - the job is done. today, | interest rates were kept the job is done. today, - interest rates were kept near
Mark vassella. This is Bloomberg Markets asia. Ishaad that rally continuing we have treasuries and focus. Goldman sachs making the call about what could happen if. Ields go up to 4. 5 looking unlikely at the moment. But who knows. Jay powell, two testimonies on capitol hill. Highly cognizant of global markets. He would be aware of the significance and scrutiny over these separate days of testimony. Up fory report, setting janet yellen 2. 0. He will be want to be treading carefully given the web saw sessions we have had over the past few weeks. Over withtrong hand yesterday pushing its 50day price action on the friday session. Where watching the opening in hong kong. Got a barrage of japanese numbers coming out this week. How are we tracking so far . Sophie we have stocks across the board gaining ground at the tie ask the taiex. We are looking for yellen 2. 0 from jay powell. Hovering around 1. 07 against that backdrop. We have stocks in tokyo led higher by electronics, telcos seeing th