Interactive content teaching the next generation of the detection. Mums and channels available to people to catch up and more determined to build something here for the next generation. The environment series of global 3000. Crosscurrents weighing on the economy thats how Federal Reserve chief powell described the state of affairs and the strongest signal yet at the worlds most powerful central bank could cut rates this month. The end of the road for the foxconn beetle as the very last edition rolls off an Assembly Line in mexico. And monaco because of the 1st european country to be covered by super fast 5 g. Courtesy of a controversial chinese firm walk away. This is the w. Business im in berlin Federal Reserve chairman Jerome Powell has boosted expectations for the 1st u. S. Interest rate cut in a decade to be implemented later this month in testimony to Congress Power pointed to a broad global weakness clouding the u. S. Economic outlook amid uncertainty about the fallout from trump
Economic outlook amid uncertainty about the fallout from trumps trade conflict with china and other nations President Donald Trump has been pushing paul to cut rates and has repeatedly said he has the power to fire the fed chair if he doesnt comply. Our financial correspondent joins us now from new york to tell us and how did pauls comments go down on wall street. New records simple as that for the very 1st time ever the s. And p. 500 crossed the crucial 3000 point mark at least during trading and there was one word that youre stressed again and again and again and that was the word uncertainty uncertainty about trade uncertainty about Global Growth and this is pretty unusual that the fed chair stresses so much external factors that are not actually under the influence of the Federal Reserve or even of the u. S. Administration when it comes to Global Growth growth but there is no 2nd guessing year on wall street that we will see a rate cut by the end of the month even if it might be sm
Would have been working. Im here to fight for ase that will prevent people from reckless speeding in our streets. Thank you. [applause] thank you. That concludes todays press conference that i want to thank the members of the media were here good i think rather than taking questions i like to give all you view an opportunity to individual interviews with all of the many voices who are here and what effect are two great mayors. Why think all the community and elected officials who are here vertically think our families and just and with one thought. From numbers of the public were wondering if this is the right policy, think about your family members. Think about what you would do if you came home and one of them wasnt home. And that was something we could do to prevent it. We are here for alvin son, for julie sun, for jennys mother, and for elizabeths daughter. We have to get this done. Thank you. [applause] all right. Good afternoon everybody. Welcome to the San Francisco board of Sup
Good morning. All right good morning, everyone, this meeting will come to order, this is the regular meeting of the budget and finance committee im comen chair of this committee and to my left is supervisor katie tang and norman yee will be joining us shortly and our clerk is miss linda wong and recognize our friends at sfgtv who are assisting us with this broadcast this morning. Madam clerk, do we have any announcements . Yes, silence all cell phones and Electronic Devices and completed speaker phones and documents to be included as part of the file should be submitted to the clerk, items acted upon will appear on the board of supervisors agenda, unless otherwise stated. We will not be having a board of supervisors meeting next tuesday do you to the holiday. Madam clerk, item one . Item one,resolution approving and authorizing the execution of a purchase and Sale Agreement with the city of Pleasanton Pleasanton , for the conveyance by the city and county of San Francisco, acting throu
Service. We have ideas about revenue and we do think we can at least come part way of the what were being asked, but at this time at least given the climate i feel its irresponsible to offer further reductions given the fact that were working harder than we ever worked before so we will commit to continuing the dialogue. We have in the past. We have worked collaboratively to get our hiring plan rock solid as well as our fleet plan and we really think that the momentum is in our favor but to shrink back at this time is irresponsible to recommend doing, but recognizing that Everyone Needs to roll up their sleeves and get the work done and live within their means but we will commit to continuing having that discussion and conversation. Thank you chief. With that said mr. Corso thank you. Commissioners we have a motion on the floor. Are soy . [inaudible] [off mic] do we have Public Comment . No Public Comment. Public comment is closed. Do we want to go ahead and approve this draft budget a