The move after reporting results. Noti those Conference Calls kicking off. That one, bige fraud than enron. Allegations about the company, ge, having its worst day in more than a decade after a whistleblower, a highprofile one, called it bigger than enron fraud wise we will have the full fallout we begin with the topsyturvy thursday for your money, wild market swings on wall street she is down, she is up, she is down, she is up. Many investors left with their heads spinning falling yields china headlines, consumer data, all driving big moves. How should investors navigate all of the volatility . Guy, i will start with you it has been a week where we begin with 10 tariffs coming in, market goes down the president then says, well, im going to postpone for some, the market goes up yesterday the yield curve goes negative today back up. First of all how do you deal with in great to have you on board . Nice to be back. The cheapest thing you can do, tyler, you werent here a week or so ago bu
The hearing will come to order. Last congress this Committee Held two hearings examining the currency ecosystem. Those hearings we heard about some of the developments that have occurred and tha and and tr ijokerin the marketplace since e creation in 2008. The potential benefits of the Digital Currencies and the concerns about the value of stability, quality and illicit uses market manipulation and privacy. Since then facebook announced its intentions to launch the system into Digital Currency that will be governed by the association comprised of up to 100 financial and nonfinancial members including facebook digital wallet service. Facebook project generated renewed interest in Digital Currency and watching generally including how they interact with u. S. And International Regulatory potential benefits and challenges and concerns around issues like antiMoney Laundering in counterterrorism efforts including data privacy, Consumer Protections, commerce and Monetary Policy. David marcus
Efore the meeting wil Parliament Saying clearly we will not take kindly if you try to buy [inaudible] one of the biggest tech deals ever. We will extend their reach into 175 countries. Recession may be coming, but investors should not fear the worst. It is all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best. The most important Business News from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. Deutsche bank a dramatic overhaul of its operations at a turnaround. Bombshell. G Deutsche Bank planning to cut 20 of its workforce. Shutting down its equity sales and trading business. The losses are already starting. Comepect many of them will in london and many will come in the United States as well. The focus is about refocusing this business back on the german side of what is happening to become a corporate bank, less of an investment bank. Is that enough . What is the reaction . It is quite dramatic, 18,000 jobs, the
Word for clues on the direction of us Interest Rates. The chairman of the Federal Reserve Jerome Powell will later give evidence to congress. Lets look at the markets right now. They are all headed lower in europe, we will be talking you through wife. Why. And making it all add up getting kids to enjoy maths at an early age. Well get the inside track on the maths board game designed to encourage more children to embrace maths. And so today we want to know is there such a thing as a math of is maths just a skill which needs practice . Do you have a phobia about algebra, geometry and equations . Let us know just use the hashtag bbcbizlive. Why do you need any of that stuff these days when youve got a smartphone . Thats not what i tell my children hello and welcome to business live. We start in brazil, where the countrys lower house of parliament is due to vote today on a long awaited overhaul of the countrys generous pensions system, which analysts say is critical to improving brazils pu
We have a lot of time left before the meeting. Parliament saying clearly we will not take kindly if you try to buy. One of the biggest tech deals ever. We will extend their reach into 175 countries. Recession may be coming, but investors should not fear the worst. It is all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best. The most important Business News from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. Deutsche bank a dramatic overhaul of its operations at a turnaround. A banking bombshell. Deutsche Bank Planning to cut 20 of its workforce. 18,000 people. Shutting down its equity sales and trading business. The losses are already starting. I suspect many of them will come in london and many will come in the United States as well. The focus is about refocusing this business back on the german side of what is happening to become a corporate bank, less of an investment bank. Is that enough . What is the reactio