On employment rate remains low at 3. 7 percent. As of june according to the bureau of labor statistics. We just had continued rising as well. With average Hourly Earnings 3. 1 higher in june compared to a year earlier. It is the 11th straight month in which wage growth exceeded 3 . In fact the u. S. Is officially in its longest suspension of Economic Growth since 1854. In order to continue this positive economic trajectory they must continually evaluate their regulatory and super very activity. To ensure broad access to a wide variety of Financial Products and services. With respect to regulation and supervision it has been over a year since the enactment of s2155. The Economic Growth wreck regulatory relief. As you move forward in finalizing certain rules required under s2155 and consider proposing new ones consider you to consider the following. Simplify capital rules for smaller Financial Institutions. While ensuring the maintain significant capital. Simplifying the vocal rule which
The same this year what were hoping for, as you go into 2020, is that perhaps 5g starts to be a catalyst for the shares, but youve got to get through the cycle first. What happened to the last half year we spent talking about how services and wearables will make up for whatever weakness there may be in the classic cycle . Yeah, and that hasnt been our call and the problem with the services is that its just too small as a percentage of the total. So services, as one of the examples, you would have to add, for the video service, about the equivalent of ten netflix to offset what the loss you know, the decline in revenue from iphone over the last year so it just gives you a sense of large numbers, because iphone is so large that puts a little context around it. Mike, i mean, apple is trading lower today, but so are the other f. A. A. N. G. Names, as well is this one of those scenarios where we need to be talking about more about the impact that f. A. A. N. G. Has on the Broader Market to
This is an uncomfortable day. You can say your own thoughts about those and other stories that. Make the big tech monopolies come under scrutiny and cross talk. Hello and welcome to crossfire all Things Considered im Peter Lavelle the time come for google and other Big Tech Companies theres a growing consensus the near monopoly status of many of these companies is bad for competition bad for the consumer and even for freedom of speach. No doubt Silicon Valley is lowering of. Cross talking big tech im joined by my guest bill new in london he is a privacy campaigner and c. E. O. Of the cyber crisis firm the crisis team in dallas we have. A wealthy advisor is well is a managing partner at investments and in c. Back we cross to Geoffrey Carr he is the author of inside cyber warfare mapping the cyber underworld and founder of 30 up a video streaming platform right gentlemen crosstalk rules in effect that means you can jump in anytime you want i always appreciate let me go to bill in london
A managing partner and investments and we crossed to Geoffrey Carr he is the author of inside cyber warfare mapping the cyber underworld and founder of 30 up a video streaming platform crosstalk rules in effect that means you can jump in anytime you want i always appreciate let me go to bill in london bill is it time to break up Companies Like google and facebook and we can talk about what should be done if they are maybe they should become Public Utilities go ahead bill in london theres been very left little appetite in the polls for breaking up these come these companies indeed theres been very little left to tell if a challenging them in any way because the enormously lucrative in terms of the lobbying that they do and all of this leigh they have a very strong position in the market i think what weve seen very recently with some of the scandals around privacy that these companies are now vulnerable and possibly their future is in play ok the same question to you because we do have 8
Annmarie hordern. Live from new york city and good morning. For audience worldwide this is bloomberg surveillance. En jonathan ferro, your equity market for the s p 500 negative by 0. 2 taking off q2 hitting a bump in the road when it comes to manufacturing. Manufacturing data entering expansion for the First Time Since september of 2022. Prices paid a little bit firmer. Setting off right across the curve. Lisa the idea they came in at the hottest level since 2022. People are wondering is this a commodities led blip that is temporary or transitory or is this something deeper that has to do with the ends of goods disinflation. Jonathan the commodities board, wti through 85 a barrel. Brent getting closer and closer. We are talking about the highest level since october. Throwing gold alltime highs on gold again. What is happening on the board right now. Annmarie obviously you will see a risk premium because of what happened yesterday which is an israeli strike on a key individual in the I