Whole new level. We have details on a new combo that defies logic. It is wednesday, it is septembe starts right now. Wednesday morning. Take my blues away. Wednesday morning. Its going to be a brighter day. Wednesday morning. Its come so many times before. Cheryl welcome to fbn a. M. And good morning. Im cheryl casone. Lauren good morning. Im lauren simonetti. Cheryl it is fed decision day. Lets take a look at how your money is moving this morning as all eyes turn their attention to jay powell and company. Weve got slight losses in the futures market, the dow is down 31, nasdaq down 11 and three quarters. Lauren the yield on the 10 year treasury stands at 1. 78 . Down again today, 3 basis points. Cheryl oil heading south again after the saudis said full Production Capacity will be back on track. The oil, down 40cents, 58, 98. Lauren stocks in asia closing the session mixed. The nikkei down twotents of 1 . Cheryl european investors are waiting on the fed decision today in here this coun
Communicators of tech policy roundtable with three working journalist. We will look ahead to the fall at what the congress and executive agencies may be doing when it comes to tech policy. Lets introduce our panel beginning with Emily Birnbaum of the hill. We also have ashley gold of the information, and Alexandra Levine of politico. Ms. Levine, first question to you. Facebook has seen a lot of attention in this town in the last couple of months. Do we expect whats going on with that case and we expect further attention to that company . Thank you for having. Great to be. The ftc 5 billion settlement with facebook which was the culmination of this long privacy probe prompted by the Cambridge Analytica data scandal has divided washington. On the one hand, you have republicans and Industry Groups say this by building daughters find because is the largest to come that that in history of te agency really, that it meant facebook was being held accountable. On the other side you have democra
To combat health risks of ecigarettes. The big question, should they be out loud completely . That and much more on making money. Charles didnt take long, folks, look at your screen. Wheres connell . Now the consensus is the fed will cut Interest Rates by quarter of a person. Maybe two more rate cuts this year. Dont forget about trade talks with china. Theyre ramping up. More positive tone. Speak of positive, Economic Data has been coming in fairly strong. A lot to discuss. So lets bring in wells fargo Security Rate strategist zachary griffith, bellpointe chief market strategist, david nelson. Sarge 986 he is president and in. Sarge, good to have you in studio. I like what is going on here, that not headline stuff but the Economic Data, Industrial Production, huge. By the way chinas Industrial Production at 17 1 2year low. Ours came in 200 better than anticipated. Homebuilder confidence, best level of the year. Is it too good going into tomorrows fed meeting . I think yes, it is very p
Host this week on the communicators, it is a tech policy roundtable with three working journalists. We look ahead to the fall and what congress and executive agencies may be doing when it comes to executive policy. Our panel begins with Emily Birnbaum of the hill. Ashley gold of the information and Alexander Levine of politico. Facebook, what is going on with that case . Thank you for having me. The ftcs 5 billion with 5 billion settlement with facebook opted by the cambridge has dividedandal washington. On one hand you have republicans and Industry Groups saying the meantlion fine, that it facebook was being held accountable. On the other side you have democrats and consumer and privacy advocates blasting the ftc track record on enforcement and saying that because of facebooks size and money, this wont deter facebook in the future. Right now in washington, we were we are in this wait and see mode with facebook. Facebook is still doing damage control to convince skeptics and lawmakers
The hill, we also have ashley gold of the information and Alexandra Levine of politico. Ms. Levine, first question to you. Facebook has seen a lot of attention in this town the last couple of months. Do we expect what is going on with that case and do we expect further attention . Thank you for having me. Great to be here but 5 million settlement with facebook was a combination of this long privacy probe by the Cambridge Analytic data scandal was in washington so on one hand you have republicans and Industry Groups saying that the 5 billiondollar fine because its the largest go down in history of the agency that it meant facebook was being held accountable. On the other side you have democrats in Consumer Privacy advocates blasting the ftcs track record on enforcement and saying that because of facebooks size and how much money it has it will not deter facebook from bad behavior in the future but right now in washington we are sort of in this wait and see mode with facebook where faceb