Were going to get now. Thats hip. The hipsters will like that dude. Yeah. Only one person even knows what the word hipster means and. Thats me. Im the youngest one there by 35 years. Were out of time. Thank you so much for joining me today. Thanks, matt. Thank you all. Okay. I just got yelled at backstage because ive been forgetting this whole time to mention we have a whole give away thing that were doing that i just kn learned about. So if you like gopro Everybody Knows what a gopro iss. Right . I got one hand. Guys are active and engaged. You all know what a gopro is. , it i weve got the new black one, like with a head mount its our wi like literally everything you a couldny with a gopro weve got back stage. Our winner will be selected in some way that i dont understand at all. But put a selfie of yourself on instagram at Techcrunch Disrupt and well choose on the third day. Pane god chosel on the third day, te of seventh day, Something Like that. Im excited about this next will b pa
Isnt this something that is just absorbed over time as more employers employees make money, they spend more and then youll have to rehire. Isnt this a red herring argument . And my second question is, why dont we just increase minimum wage or do some index so were constantly increasing wages and we dont have to have this discussion. With the minimum wage l on the increase economists by and y large agree that there is a negative impact overall on the economy, particularly on like the 18 to 25 demographic where you see recordem levels of n unemployment. Thats because they do not get the entry level jobs. Employers are not hiring those low level jobs. I wo i would disagree that its a red herring. Theres a real impact on the businesses in this country. I with due respect, i completely disagree with her ngs of readings of the economic studies which have come to conclude theres no significant job loss associated with raising minimum wages. And while it is true that youth hat yout unemploymen
Its a significant step forward for us. From the kick starter edition. Its six times faster, its got double the memory, twice the usb ports, and its filled with these wonderful new creative projects. Theres make arts, which is a digital easel to learn code by painting characters and fractels. Its immediate, and the game mechanic is step by step. You learn how to type simple commands, magic spells we call them. And you see beautiful washes of color and shapes appear before your eyes. Weve also creative a narrative adventure called terminal quest, which i think some people in this audience who came up on the commodore 64 may enjoy. Terminal quest is a mystery, a narrative mystery told step by step, where you use linux command spells to unlock new powers, save your town and borrow into basically a new world. You go down the rabbit hole, you try to solve the mystery, you dont realize it, but youre learning about the linux command line spells that make a lot of the modern world work. Another
The major averages close at record closes yesterday. Today, not so much. The dow is on pace for another record close. The s p 500 earlier today could just put in an alltime high. These are very small moves. However, any green on the screen will mean new record closing highs. With the tiny moves, he probably wont be surprised to know today is the second smallest trading range of the year about five points after yesterdays very matching red below a day back in may. Not a lot of conviction on the part of investors as to what is next. All the different factors from geopolitical tension to apple, little breather today. Let us look at the big movers for the s p 500. At the fact we see plunging 11 . Senators are demanding a probe of the hat. Plus, sale of the stock by executives. Companys plan to aquire. Chesapeake energy is up 7. 4 . Oil. Ng a nice boost from finally, even though we have unchanged stock markets, we do have a bit of a risk on tone. Bonds are trading lower. It is showing by th
Michael flynn violated federal law by omitting a business trip to the middle east on security clearance forms. They demand he provide a full list of foreign contacts. The accusations are linked to a plan they say was financed jointly by russia and saudi arabia. Michael flynn resigned in february after reports he misled its senior white house officials about contacts with russia. The hits keep on coming. The Cleveland Indians winning streak is at 21. The indians defeated the Detroit Tigers 53 in cleveland and set a new american greek letter American League record for consecutive victories. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Julia live from bloombergs World Headquarters in new york. We are seven minutes from the close of trading. Stocks take a breather. Joe the question is whatd you miss . . Release theix will tax framework the week of september 25. Julie bank jobs might be disappea