Expected report showing the economy cant shake the sticky inflation. We get exclusive reaction from the secondincommand of us treasury shortly, coasttocoast starts now. Welcome and happy friday. I am edward lawrence. Our top story inflation showing little signs of letting up in march and all eyes are on the fed, how it will react at the next meeting next week. Getting a read him bob nordeli. You understand when a consumer is under pressure the report shows overall inflation rising yearoveryear, going sideways in this. Is this the start of stagflation . Thanks for having me on. Gary is the expert on this subject to. It is. Why deal with fortune 25 companies and i will tell you theres a long tail on inflation. We are seeing it every day. I would project oil is over one hundred dollars a barrel. I predicted inflation would be 10 . I missed ten but got to nine. I continue to see inflation across almost every commodity we are involved in. People continue to raise prices. Consumers have this
Mosco who joins us from boston. Where did the term cloud come from and what exactly is the cloud . Well there is debate about the origins of the term but it mainly derives from the network die grams that Telecommunications Engineers drew and they tended to identify the nodes in the network generally location, cities, towns, in the form of a cloud. So the diagram to interconnect the group of clouds with telephone lines. So thats where cloud comes from. Though there is some debate. More importantly, you asked what is the cloud and again there are many different definitions but when you boil it all down, the cloud is a system for storing, processing and distributing data, information emails apps and software. Companies that operate Cloud Systems then provide individuals and organizations with access to the data on an ondemand basis for a fee. So the customer saves Storage Space and has access to data from anywhere, any device. And, companies, make money by providing that data and, service
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