Good morning. Good morning. The committee will come to order. Today were considering the nomination of Eugene Scalia. Let me say before i begin my Opening Statement that we welcome the secretary, good to see you. And we welcome mr. Scalias family. Well give him a chance to introduce all of them a little later. Theres so many of them and i wont the scalias are a productive family, apparently, so we wont come off any of your allotted time for your statement and i would say to the family members that the confirmation hearings arent necessarily a family exercise. I was before this committee myself to be nominated for education secretary and was grilled pretty heavily, i thought, with my family sitting right behind me. I was accustomed to it, but they werent. But they got over it before very long. We welcome you here and were glad youre here. Yesterday i received a letter from senator murray asking me to delays todays hearings. I think the Committee Members know, i do my best to do what sen
Hurricane dorian continues to battle the east coast, we have update in North Carolina after storm made landfall only a few hours ago, all that and so much more on making money. Charles Federal Reserve chairman Jarome Powell speaking ongoing tensions with china, last time we will hear from fed officials before that september policy meeting, right now the betting is that they will cut at least 25 basis points. I want to go to fox business Edward Lawrence who joins us now with complete recap from the entire speech, not entire speech but recap. He also mentioned the jobs report that came out, the jobs report showing stable economic foundation, the Jobs Creation 130,000 in august, below the estimates but still very strong, white house economic adviser larry kudlow says that it doesnt matter that it fell short of job creation estimates because Labor Force Participation edged up and people are on the fringe of the labor force are coming back in. America is working, america is getting paid wel
Boris johnsons suspension of parliament. Matt good morning. Yesterday i was talking to a market guest and i asked if they could put the trade noise aside and run his portfolio. He said, no way. This market is driven by every tweet from donald trump. It looks like he was right. Nejra it is a very interesting question. What a month we have had. What a week. Big moves on brexit. The italian coalition. European politics front and center. Now we get the latest trade news, which is giving risk assets a little bit of a lift. Matt we see that across stoxx around the world. This after President Trump yesterday said the u. S. And china were actually talking. Said he hopes he will get a good deal. Nonetheless, the chinese decided not to retaliate immediately. Asian stocks rising. Euro stoxx futures rising as well. I put the japanese here is a little bit of a warning sign ahead of todays trade. You have the bloomberg dollar index up. The dollar is holding at a twoyear high. Traders are buying yen
Chinas cities are already flush with cameras around 200000000 of them. Whats changing is they getting smarter. You are illegally crossing this road stand back you are illegally crossing this road to stand back. China is positioning itself to lead the world in artificial intelligence. Surveillance technology is it key proving ground. Facial recognition body scanning and geo tracking matched with your personal data and online behavior will power the social Credit System leaving no dark corner to hide in. The world. Intelligence congress in tanjil big brothers new choices are on shun. Several of the exhibitors here including tech giant alibaba and now working with the state to write the algorithms that will calculate your social credit score theyve already got the know how and they use a dollars from their financial Credit System alley pat a manager of changing is chunk. Here you dont want to might you once a person has a school all their credit behavior in life is recorded and can be val
Greetings from berlin and a warm welcome to our arts and culture news and before we get dazzled by some cutting edge of light art heres what else is coming up. In our continuing series 100 german must reads a personal account of the wrong realities of trench warfare in world war one. Our new series underground europe explores whats going on below the surface of the continents many must see locations this time in poland. And some exciting news in film as the latest from Marvel Studios and ventures and skate has become the highest grossing film of all time. Oh yes sociate light with bright ideas and at the worlds 1st Museum Dedicated entirely to light art there are certainly plenty of those housed deep in the belly of a former brewery in western germany the center for International Light art opened in 2001 when addition to its Permanent Collection its currently showing the finalists for the 3rd International Light art award with some brilliant explorations of a material that of course is