God. They came over this Mountain Range on the other side is their country syria. They are needed here in the bekaa valley. The harvest lasts until december until then there is work for everyone. Tens of thousands of refugees from the Syrian Civil War are laboring in the fields near the Syrian Lebanese border. Children like we on have to work to provide for their Families Together with her friend fatma she works an eight hour shift like the others here sometimes even longer. More than half the farm laborers our children who should be going to school but have been drafted to work as wage slaves. The farmer who owns the potato field hires the young field workers via the camp supervisor or shall we he ensures that the harvest is carried out without a hitch and that his workers get what they need to subsist on. With. My parents get four packages of bread every day for all of us there is a deduction for electricity. And for the space where my family has our tent up to follow some simple. We
Outlook for the economy is strengthened since december. Greater confidence that inflation will rise. Additional headlines, mike and morgan, about nbs, the agree to which they were a success says the new normal for a Balance Sheet to be around 2. 5 to 3 trillion and the emphasis by powell on the strength of the economy, the tail winds, the fact that perhaps the low inflation is transitory that was a take away too in response to representative maloney, she asked if were on pace for three rate hikes . He said well see over the next couple weeks what is submitted in terms of projections. But since the last round, you see continuing strength in labor market stronger economy, signs that inflation could be moving closer to target. More stimulative physical policy thats really when you saw markets begin to move lower. Lets bring in our senior economics reporter Steve Liesman who can help us understand what this may mean for the march meeting as we watch the odds closely today, steve. Good poin
Very uncomfortable but hey it is early july, typical for the delaware vale. Some clouds over us, actually keeping the temperatures down little bit. Things are somewhat quiet on storm scan3 check it out. Not seeing whole lot of activity. We have some clouds, few peaks every sunday, spotty showers a lot of this not even reaching the ground. May run into few sprinkles over the next fewer hours, but later in the afternoon evening, we see our best shot to see some scattered showers and thunderstorms, the good news is the Severe Threat is pretty low today. So thats something to be thankful for. Here is what to expect. Still steamy conditions throughout your wednesday watch out for the late afternoon, early evening showers, storms, things should calm down after 8 00. But still watch out for heavy downpours, because, there is so much humidity around, you can feel a lot of moisture in the air, can dump heavy rain. Eightyseven in philadelphia, lower 80s up in berks county right now in allentown
Executive orders on drug prices, we will hear from the top ceos in the space first we start off with wall street, a selloff on some of the most widely held stocks. Facebook is down 3 , goggle, nvidia, apple is down a whopping 7 and netflix is down more than 8 so we talk all the time about waiting for the dip to buy if this isnt the dip, what is which names are the best right now . Guy. I think netflix stands out to me i do know the move we have seen over the past couple weeks, we have moved to this magnitude before we had one in july we have seen moves in netflix. Within a week or so the stock continues the upward trajectory. 150 is a big level in my opinion. If you look, thats where we broke out in may we held it few look for riskreward, i dont know if this is a predicted buy overall. I think it is a dip to buy netflix. I think netflix is the stock that has a lot more room to go i would be on the other side on nvidia, i think the uber stocks are a proprietary moment pum its natural wh
The committee will come to order. The chair is authorized to declare a recess of the committee at any time. Members will have five legislative days to submit extraneous materials for the record. This is the purpose of receiving the semiannual testimony of the chair of the board of governors of the Federal Reserve system on Monetary Policy on the estate on the state of the economy. Recognize myself for an opening statement. Since we last convened on Monetary Policy, there have been encouraging economic headlines. Onfidence is up unemployment remains low, as does inflation. But it rests too much on incredibly low participation payment high disability participation rights. Both paychecks and savings for working Americans Still have room to grow after eight years of distortionary Economic Policy under the Previous Administration. On the fiscal front, help is on the way. House republicans have passed the American Health care act to lifted the burden of obamacare on our economy and the finan