Plus, nordstrom and Dicks Sporting Goods both surging in the premarket as the Consumer Sector coming off what was its best day in nearly two weeks and teslas second largest shareholder suggesting elon musk should step down as ceo. We have details. Central bankers and economists from around the world are gathering at the kansas city feds annual symposium in Jackson Hole Investors bracing for tomorrows speech by fed chair powell among the president s repeated calls for additional rate cuts some big live interviews coming up today and tomorrow from the summit our Steve Liesman will have harker in about an hour. Hes got bullard tomorrow. But we know what the minutes did to odds of a 50basis point cut yesterday. Yeah, everyone is a little talking at different moments here you have the president saying things, the economy is fantastic, which is why we need to cut rates but now hes focused on germany. You have the fed focused on the data and a little more torn. The fed is clearly thinking abo
Christiane and im Daniel Prieto in washington heres a look at whats on deck today joyce thing continues to slash jobs as part of its restructuring could there be an eerie pattern on folding nailer a Public Citizen is on hand to sort through whats in store for the banking behavior. In the wake of the constant Terror Threats auto exports from mexico to the states have spite lauren fix the car coach joins us today to break down the boom of cars coming across the border we have packed out i thought lets go and dive right in. A legal fight that could such major global precedence on down to sharing and privacy leads our Global Reports today as the Irish Data Protection Commission takes a case against facebook to the European Court of justice on tuesday the e. C. G. The top court of the European Union began hearing a case that began with revelations that a u. S. Spy agency the National Security agency was compelling facebook and Similar Companies to turn over private data from users in the e.
This is casting around the globe and covering the world of business and finance and impact upon us im christi i. Know in washington here is a look at whats on the today show joyce and then continues to slash jobs as part of its restructuring could there be an eerie pattern unfolding nailer a Public Citizen is on hand to sort through whats in store for the banking behemoth. In the wake of the constant Terror Threats auto exports from mexico to the states have spiked lauren fix the car coach joins us today to break down the boom of cars coming across the border we have packed show today i thought lets go and dive right in. A legal fight that could such major global precedence on down to sharing and privacy leads our global report today as the Irish Data Protection Commission takes a case against facebook to the European Court of justice on tuesday the. The top court of the European Union began hearing a case that began with revelations that a u. S. Spy agency the National Security agency
The top court of the European Union began hearing a case that began with revelations that a u. S. Spy agency the National Security agency was compelling facebook and Similar Companies to turn over private data from users in the e. U. The 11 specific questions that spun out of that case are now before the court and center on the rules that govern Tech Companies sharing data from users around the world socalled standard contractual causes or c cs if the e. C. J. Finds that as he sees fail to protect the privacy rights guaranteed by e. U. Laws Companies Like facebook and its peers could be forced to sequester that lucrative trove of european consumer data and rewrite their rules for sharing what is arguably their most valuable resource a decision from the court is expected before the end of this year. Catching up with africa 54 of 55 leaders attending the recent African Union summit in nigeria has signed an agreement to create the african continental free. Trade area the proposal under di
We have a Good Opportunity if we enable more people to participate to offer services that can generate revenue. This is supposed to be a Nonprofit Organization, is in the . Im talking about the calibra wallop which will directly impact facebook. Is it going to be a nonprofit . No, calibra is a forprofit entity and the entity that will dold the wallet that will be offered to facebook consumers. Is Digital Currency illegal in some parts of the world quick skinny touch on that . Gets congressman there are an number of countries that prohibit buying selling or using Digital Currencies. I also want to mention privacy violation concerns things that americans have been concerned with. The american consumer, do they trust facebook and do they feel comfortable with your company . Congressman i believe we have a lot of work to do to earn Peoples Trust and we have two definitely make though strong commitments when it comes to privacy and make good on those commitments for long periods of time. I