Next, a look at the spread of disinformation on social media and other platforms. The subcommittee hearing included a representative from facebook and other tech experts. Testifying on ways to counter the problem. Good morning everyone. The subcommittee on Consumer Protection and commerce will now come to order. We will begin with member statements and i will begin by recognizing myself for five minutes. Good morning and thank you for joining us here today. Given what is going on in the world. esentative czajkowski owski we have seen life for americans transformed in many positive ways. The internet provides new opportunities for commerce, education, information and connecting people. However, along with these many new opportunities, we have seen new challenges as well. Stocking thee online marketplace using deceptive techniques to influence the consumers with deceptive designs to fool them into giving away present information, stealing their otherand engineering unfair practices. The
Given what is going on in the world. esentative czajkowski owski we have seen life for americans transformed in many positive ways. The internet provides new opportunities for commerce, education, information and connecting people. However, along with these many new opportunities, we have seen new challenges as well. Stocking thee online marketplace using deceptive techniques to influence the consumers with deceptive designs to fool them into giving away present information, stealing their otherand engineering unfair practices. The federal trade Commission Works to protect americans from many unfair and deceptive practices. A lack of resources, authority and even a lack of will has left Many American simmers feeling helpless in this digital world. Adding to that feeling of helplessness, new technologies are increasing the scope and scale of the problem. Manipulation of video and otherterns technologies are hurting us indirect and indirect ways. Congress has unfortunately taking a laiss
Political relief rally banks are in focus this morning. This is bank of america calls citigroup its pick of the decade. The ceo of ulta will join us at post 9 this hour. Well begin with stocks on track to open at record highs. Also adding to positive sentiment, china confirming the vice premier will head to washington next week for the signing of that phase one trade agreement with the United States jim, its going to be busy next week between that and the kickoff of corporate earnings. It sure seems like everybody believes everything is going to be good. A sheer mention of the banks is really underestimated. There are so many people saying buy these. Why does that matter thats who kicks off earnings season already the expectations are pretty high. They better deliver after this run. And thats what these upgrades are mostly all about. I mean specifically on the banks. Goldman getting not one upgrade but two today out of buckingham and b of a, as b of a or it goes from 270 to 245 what ne
International friday december the 27th grade with real world news this hour im sorry to say starting with tragedy in central asia in kazakhstan where a passenger plane has crashed killing at least 14 people the aircraft lost altitude soon after takeoff clipped a barrier and true Story Building 95 passengers and 5 crew were on board flight. 135. 00 others are injured including 9 children the area around the crash site has been evacuated as the plane was flying from the countrys largest city to the capital. The craft for 100 manufactured in the netherlands in the 1980 s. And all types of that plane is now been grounded in cassocks down pending an inquiry president has expressed his condolences to the families of the victims hes also one of the Prime Minister to lead a special commission to investigate the tragedy. Lets talk now to see for a riff and whos director of aviator e. Into nature thanks for joining us on r. T. This morning of course takeoffs and landings for any cockpit crew of
Mind. It is the s p value index. It put on a record high today. That comes as a divergence to the growth index. Rotation into valueadded growth is still in play. , tribeca Trading Group it had another component. Back to you. I know taylor riggs is looking at the numbers. 4. 23. Uarter eps, that would be amiss. Of 70uarter net sales billion, better than expected. Part of the business, billion, amiss on that part of the business. That is the Fastest Growing part of its business. 80 billion to 86. 5 billion dollars for this quarter, analysts looking for 87. 2 billion. The stock is falling in after hours trading. Lets have a quick look at intel. At 71 billionue at 71 your revenue billion, beating market expectations. This is a company worried about market shelter share, now perhaps benefiting from a rebound in the third quarter. Texashad that instruments print a couple of days ago, also not bad. Lets get back to taylor. Take it away. Luke. . Our perspective consumert where the and Business