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Transcripts For BLOOMBERG Bloomberg Technology 20240713

Libre is set to debut next year. We will hear how the head of libre and the facebook coo touted this big promise. But first our top story. Recordbreaking sales for amazon. Posted itsrce giant largest advance on thursday. Amazon didnt release specific sales figures, but they say it backs up broader reports that Online Shopping picked up this year. I want to bring in spencer and darren baker. Spenser, talk to me about what we learned from amazon this holiday season. In terms of their statement, we didnt learn much. Every year is another record for amazon. What we did see was that this was the first year, one that they rolled out their oneday shipping pledge on millions of items, and that they handled so much of their own delivery on their own. I think a little bit of the boost is that amazon got through christmas without any disasters. Everyone was wondering how they would do this year. And darren, every year is a record year. Is amazon just riding the wave of ecommerce or are they doing

Transcripts For CSPAN2 Federal Reserve Chair Jerome Powell Testifies On The State Of The Economy 20240714

On employment rate remains low at 3. 7 percent. As of june according to the bureau of labor statistics. We just had continued rising as well. With average Hourly Earnings 3. 1 higher in june compared to a year earlier. It is the 11th straight month in which wage growth exceeded 3 . In fact the u. S. Is officially in its longest suspension of Economic Growth since 1854. In order to continue this positive economic trajectory they must continually evaluate their regulatory and super very activity. To ensure broad access to a wide variety of Financial Products and services. With respect to regulation and supervision it has been over a year since the enactment of s2155. The Economic Growth wreck regulatory relief. As you move forward in finalizing certain rules required under s2155 and consider proposing new ones consider you to consider the following. Simplify capital rules for smaller Financial Institutions. While ensuring the maintain significant capital. Simplifying the vocal rule which

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