Slowing economy. Still well above what you would expect at this late cycle. Fears about a u. S. Recession are not showing in this report. Very hard to get a recession in the next 12 months. You have got higher wages, hours trending up. The labor market is holding in. We were worried about manufacturing hours worked and we saw the numbers are hanging fine. The jury is out in the manufacturing sector. Uncertainty is on so many fronts. Maybe there are some budding signs of some weakness in the employment sector at the fringes. The question is where the uncertainty goes from here. Jonathan joining me around the table, my guests. The payrolls report does nothing to change what you thought regardless of what you thought going into the payrolls report, not a game changer, is it . Subadra is basically confirming status quote for the fed. They are on track to cut 25 basis points at the september meeting. The real question for me this morning, if it turns out to be weak after the manufacturing d
Off. Export the nations passed on American History tv every weekend on cspan3. Next, a Congressional Panel visit Online Platforms and their visit on entrepreneurship in the us. We hear from google, apple, facebook and amazon officials to talk about ecommerce. This portion of the house judiciary subcommittee hearing is one hour and 50 minutes. Everybody will come to order, the chair is authorized to declare recess at any time. We welcome everyone to the second of our series of hearings investigating competition, this one on innovation, i recognize myself for an opening statement. 30 years ago, the first of the World Wide Web was released into Public Domain to create a Global Communications network. Within a few Years Services were built on the software to give people tools to communicate, share and export information from decentralized platform designed to be open and nondiscriminatory. Internet pioneer and codesigner of the internet early architecture testified in 2006 that the overarc
As the British Asset manager posts 16 billion pounds worth of outflows in the first half despite some strong market gains. And china sets its yuan fix at a slightly weaker than expected level, the trump team plays down fears of a drawnout trade war. The nato secretarygeneral tells cnbc the tension goes beyond trade. We need to assess security consequences for all of us of the rising military power of china and also see that china is coming closer to us in europe, in africa. A very warm welcome to street signs. As you can see, a fragile calm taking hold of markets today in europe this follows a mixed session in asia and a rebound on wall street the stoxx 600 trading about 0. 7 higher the calm really has come on the dak back of stabilization in the yuan the pboc fixed the Reference Point for the yuan slightly weaker than expected, but overall no more escalation in the u. S. china trade tensions and currency tensions. We have plenty of corporate earnings coming through today in europe let
1300000000. 00 tons goes to waste every year the u. N. Panel says limiting the amount of voice would free land for reforestation and crop growth. Oh warning to stop pushing land to its breaking point and a call for governments to Pay Attention katia will piss of leon aljazeera. Lots more still to come here and aljazeera including you will be live in hong kong as it braces for another weekend of protest starting at the International Airport these are live pictures from the airport. And from one crisis to another migrants flee venezuela under to be caught up in violence in neighboring colombia more on that stay with us. Hello again welcome back where cross live on it we are live you have fairly dry conditions across much of the area now we are picking a few clouds out here towards pakistan coming in from india and those will start to make their way towards the west a crutch you could be seeing some rain showers as well over the next few days but for the rest of the region we are looking
Some level of that in the numbers. Its hard to say how much when the countries are meeting and talking, it is better than not cook telling me he sees no evidence that his products are being boycotted in china and that he has made no significant changes to his supply chain in response to potential new tariffs. We also talked about services up 18 when adjusted for currency in a onetime gain last year i asked cook about his new Video Streaming Service thats on the way and how he will judge its success by what metrics, cook saying the most important thing is one, the product, and two the number of subscribers and whether we are going to announce that or not, i dont know. We dont aspire to have the biggest audience working in cooks favor for these new services leveraging that massive install base or the number of active guys devices in peoples hands he says the active install base of iphones reached a new high. I asked cook about new regulatory scrutiny here in the u. S. He says he does not