Sally hubbard thank you for coming on to discuss monopolies suck it is timely because the issue you write about in the book with us economy and the impact on workers and citizens is a hot topic at the moment with policymaking right now and it could play a big and the Incoming Biden Administration so i thought we should look at the big picture you lay out in the book when people hear the title no one likes monopolies are dealing with monopolies but really this book is about a bigger issue that the economy people may not fully understand. s so can you set the scene and describe what you see happening . Thank you for taking the time to talk out the book in cspan2 have me talk about it as well. We all knowonopolies suck. Thats not a surprise to anyone but what has been happening the last several decades is t economy is getting highly concentrated with consolidation that leads to every major sectoof the economy. We hear about whether techr food in the industry all have monopoly problems tal
Republican electors in wayne county who initially opposed certifying to towards vote. You said the only ones that are at fault the city of detroit where 80 of the people who reside there are africanamericans. Shame on you. Shame on you. You are a disgrace as it relates to the ability to have a free and impartial election in the statio amy hen weook at how pfizer cid19 exits privateeavily on funding. We will speak to rob weissman of Public Citizen. Lcome to democracy now , democracynow. Org, the quarantine report. Im amy goodman. The u. S. Soared past 12 million confirmed covid19 cases this weekend as the number of new cases quickly approaches 200,000 a day. Over a quarter of a Million People in the u. S. Have died from the coronavirus. Despite warnings from Public Health experts, including that centers for Disease Control and prevention, who are urging people to skip travel and indoor gatherings, a surge in Holiday Travel has already started ahead of thanksgiving. The department of hea
Republican electors in wayne county who initially opposed certifying to towards vote. You said the only ones that are at fault the city of detroit where 80 of the people who reside there are africanamericans. Shame on you. Shame on you. You are a disgrace as it relates to the ability to have a free and impartial election in the statio amy hen weook at how pfizer cid19 exits privateeavily on funding. We will speak to rob weissman of Public Citizen. Welcome to democracy now , democracynow. Org, the quarantine report. Im amy goodman. The u. S. Soared past 12 million confirmed covid19 cases this weekend as the number of new cases quickly approaches 200,000 a day. Over a quarter of a Million People in the u. S. Have died from the coronavirus. Despite warnings from Public Health experts, including that centers for Disease Control and prevention, who are urging people to skip travel and indoor gatherings, a surge in Holiday Travel has already started ahead of thanksgiving. The department of h
Further. We are joined this hour by finance minister. The other big story today, lawmakers in washington take aim at the power of big tech. Saystitrust investigation they are abusing their dominant status. Australia coming online. Lets turn to Sophie Kamaruddin in hong kong with a checkup on markets. A two day rise, we are seeing pressure come through for the benchmark while the aussie dollar is testing that 71 popl after forming a double early this october. We are seeing action in the bond space. The front end of the aussie curb slipping with the three year yield falling as much as four basis points earlier in the session. This after australias updated debt issuance coming in less than expected. I want to highlight bhp shares. We are seeing the stock fall as much as 2. 3 this morning. Tesla bhp in focus be at flipping the board to check in on futures, s p eminis under pressure. The yen trading study but theres upward pressure on the stimulus deadlock. We are watching iphone makers aft
The rba signaled for their willingness to ease. And the other big story at this hour lawmakers in washington take aim at the power of big tech. An antitrust investigation says they are abusing their dominant status. Check lets get a quick of the markets. We are seeing u. S. Futures down at the open, extending gains after we saw the regular session seeing a bearish reversal at your after trumps of fire called off negotiations. Already, market have been trading mixed and about flat after the fed chairs cautious tone on the economy, warning that too much support was better than not enough. The s p 500 saw the largest drop in two weeks and fell to session lows after the president ended stimulus talks. The losses were led by discretionary talks. Airlines also tumbled and we saw the nasdaq losing 1. 6 . After the close, we saw that House Democrats released antitrust reforms to curb the power of u. S. Tech giants including amazon and alphabet. We will be watching that space very closely. Doin