It was up 517 point early in the session. Im melissa francis. Connell he always say happy friday. Im connell mcshane. Both s p 500 and dow ending up more than 1 . Look at apple. It is in record territory for the first time this year, 236. 21. President trumps meeting going on with chinas vice premier at oval office. Once that wraps, well bring any comment from that. Maybe additional comment from the president as he leaves the white house. Were all over it. Fox Business Team coverage. Deirdre bolton at the white house. Grady trimble on the ground in chicago. Deirdre, youre where all the action is. Reporter exciting here. Tons of correspondent running in and out as you can imagine. I want to highlight the question of vocabularily. We heard President Trump talk about a substantial phase one deal. Notice the world deal. A friend of mine who speaks mandarin, that the Chinese Press is transpiring what is transpiring here, as a pause, a pause in the trade war. Not necessarily a deal. So just
Get you back to flat the question is a recession ahead . Ray dalia was on cnbc this morning with some of his odds. Take a listen. Recessions are always inevitable the only question is when. Do you see one coming yeah, i think that in the next two years, lets say prior to the next election, theres probably a 40 chance of a recession. And i think that youre seeing this around the world. You know, big discussion in the last hour, guys, about what is going into some of these recession models, why some of high yield spreads are not confirming them, whether theyre based around the yield spread or more a lot of companies in tech are starting to catch a cold plant materials which i did cover last night as promised the numbers werent that bad they werent far off of what was expected but their memory business is in this memory slump and people seem to get a bit skittish about that we had cisco talking about how the uncertainty is contributing to their cautious guidance the scary music is startin
Our second panel is chris brummer, Research Professor director, institute of economic law, and University Law center. Our second witnesses katerina pastore, and columbia law school. Gendler who is professor of the practice of Global Economics and manager. Mit sloan school of management Senior Advisor to the director, Mit Media Lab and codirector of. The next witness will be robert wiseman, president , public citizen, and the final witness will be chief Strategy Officers. Welcome to all of you. Without objection, your written statements will be made part of the record. Each of you will have five minutes to summarize your testimony and with one minute remaining a yellow light will appear. At that time i will ask that you wrap up your testimony so that we can be respectful of both witnesses and Committee Members times. You are recognized for five minutes to present your testimony. Thank you so much. Members of the committee, thank you for inviting me to testify. Im here in my academic cap
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
Protect the cities under their control law to keep they also want to protect the russian airbase and lock the key because rebels are still able to attack so push the rebels north they havent been able to do that they also want to push the rebel the rebels north because they want to recapture 2 international highways the m 4 and m 5 highways which runs through province they need those highways in order to revive trade between these cities under the governments control so that they can reach aleppo city so they need to revive the economy so that hasnt been achieved on the ground and this offensive is not about capturing the whole of problems its very limited to a belt of territory surrounding it live province and yet it is proving to be so difficult weve reached a point in the conflict where front lines are hardening for Major Players on the ground Turkey Russia iran and the United States and clearly each one of these countries have spheres of influence in the country they will need to c