[inaudible conversations] welcome to the subcommittee on Consumer Protection, product safety and Data Security. Will come to order. I apologize for the bit of late. Senator blackburn was here quickly. She is en route. Were at a Pivotal Moment in the age of technology that rely on increasing massive consumer data. Obviously, Artificial Intelligence has gotten the lions share of publicity but thats nowhere near the limit. Businesses collect or process data ranging from personally identifiable information, name, address, likeness, as they say in college these days. Obviously, Sensitive Data like physical locations and browsing history. The threats to consumers data that Companies Face is complex and, in almost every way, daunting. As Companies Collect more data, they become more attractive targets for data breaches. And, by that i mean criminal activity. Each breach costs Companies Nearly 4. 2 million per incident. And consumers shoulder the financial burden and reputational harm of each
S p up six, nasdaq driving the gains were seeing today, up 83 points. All of this as the yield on the tenyear has pulled back after the adp report showed much less hiring than expected last month. Theres the tenyear just under 4. 75 and of course, we are now waiting for the Big Government jobs report on friday. Weve got all the market ripple effects covered. Bob pisani looking at what this could do to buybacks which has been a balloon under stocks for a long time. Diana olick on the impact on home builders. Rick santelli in chicago. Lets start with dominic chu on the dollar. The value of the u. S. Dollar has risen by roughly 10 over the last three months. And with an estimated 40 of s p 500 revenues coming from outside the u. S. , that rising u. S. Dollar could be a potential headwind for those u. S. Companies and their profits and revenue reports coming in the coming weeks and months, now, with regard to some of the companies that could face some of the biggest headwinds, we looked at
The one seemingly everlasting, huge, super stores on the outskirts of cities may have reached the end of their shelf life. Additional context to them change their closing down completely. Its becoming more and more difficult to invest. How do they compete . The how are they able to survive . Big super stores are not doing well. An entire sector is struggling. The. The big retail chains controls 70 percent of Food Supplies in europe. The agricultural and industrial sectors are directly impacted by this decline. To use it, these conversations can be very aggressive. So big Food Retailers are rushing to save what they can as the competition is already kicking off. Amazon wants to control the distribution of most of the goods in the world, and food is a huge part of the worlds economy to talk to the all total of a what do they need . So 10200. And they say that they have good intentions, and then theres no risk to us pocket for the home phone. So tell me, how can we trust such as johnny, w
The one seemingly everlasting, huge, super stores on the outskirts of cities may have reached the end of their shelf life. Additional context to them change their closing down completely. Its becoming more and more difficult to invest. How do they compete . The how are they able to survive . Big super stores are not doing well. An entire sector is struggling. The. The big retail chains controls 70 percent of Food Supplies in europe. The agricultural and industrial sectors are directly impacted by this decline. To use it, these conversations can be very aggressive. So big Food Retailers are rushing to save what they can as the competition is already kicking off. Amazon wants to control the distribution of most of the goods in the world, and food is a huge part of the worlds economy to talk to the all total of a what do they need . So 10200. And they say that they have good intentions, and then theres no risk to us pocket for the home phone. So tell me, how can we trust such as johnny, w
The one seemingly everlasting, huge, super stores on the outskirts of cities may have reached the end of their shelf life. Additional context to them change their closing down completely. Its becoming more and more difficult to invest. How do they compete . The how are they able to survive . Big super stores are not doing well. An entire sector is struggling. The. The big retail chains controls 70 percent of Food Supplies in europe. The agricultural and industrial sectors are directly impacted by this decline. To use it, these conversations can be very aggressive. So big Food Retailers are rushing to save what they can as the competition is already kicking off. Amazon wants to control the distribution of most of the goods in the world, and food is a huge part of the worlds economy to talk to the all total of a what do they need . So 10200. And they say that they have good intentions, and then theres no risk to us pocket for the home phone. So tell me, how can we trust such as johnny, w