Going to be most interesting is how the stocks react and what was already built in or was this just kind of a big trade into big cap growth and were not really talking about the quarterly results. Its just a placeholder type investment or are we really banking on great numbers from the likes of facebook and the others . I mean, microsoft is really interesting. Flawless quarter, stocks getting a nice bump, but its not running away whats amazing to me is just how big these companies have become if you look at the numbers and the actual earnings, i like to look at the earnings,theyre not that great earnings from the Technology Group are down this quarter. Earnings from the Technology Group are down in the Third Quarter. The semiconductor has been generally bad with a few exceptions and yet people keep buying these stocks and they keeptelling me well, theres nothing else to buy in growth. Semiconductor index, the smh, weve talked about this before, 2 from historic highs horrible commentato
Facebook has announced plans for a new Digital Currency, called libra. David marcus testified for the House Financial Services committee. The committee will come to order. The chair is often recess of the committee at any time. This is entitled based proposed crypto currency an impact on consumers, investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the us dollar this venture is slated to be based in switzerland, which has a history of creating a have
Investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the us dollar this venture is slated to be based in switzerland, which has a history of creating a haven for criminals and shady corporations. This plan includes serious privacy training, and monitoring of policy concerns. With 2 billion users, will have immediate access to these products, but also from consumers, festers, and the global economy. In addition, facebook has proposed government guarante
Lee iacocca. Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. Well, a new report from Homeland Security offers an inside look at the growing crisis at the southern border. The report details overcrowding, prolonged detention, and security risks at migrant facilities in south texas. Lawmakers are now calling on top immigration officials to testify on capitol hill. Katherine johnson is in washington. Katherine, what else does the new report say about these facilities . Well, annemarie, investigators visited phi ports of entry and to areas in the Rio Grande Valley. They say theyre concerned over the overcrowding and the detention is creating, quote, an immediate risk to the health and demonstrators around the nation protested yesterday, demanding facilities holding migrant families be closed. This as theres growing outrage over the Living Conditions at the facilities. Homeland security inspectors observed serious
A 30 minute ride thats easy compared to what it would be. A lot of people have taken off for the holiday. You are 14 ride on the east shore freeway. Thats a 26 minute ride. And then no problems at all as you are coming out of the south bay. Thats a 40 minute ride on 101. San mateo bridge this morning getting busier. You can see a little more volume. But still not too many brake lights in the westbound direction. Nothing to slow you down there. Eastbound, everything locks good to go. Off to the bay bridge now, where we are stacked up in the cash lanes. But if you have a fast track not a problem and you can see theheadlights in the background. Thats the east shore freeway. You are moving quickly as well. Not a problem. And the metering lights should turn on in the next 15 minutes or so. You can see the flashing lights at the Richmond San Rafael bridge because they have lane closures as a result of that. Emergency construck if the westbound lanes doesnt seem to be slowing anything down a