And with utter disdain for the people whose lives they want to run. Good stuff. Thats a blast right at the elites. Thats the president s theme for 2020. They dont care about you but i do. In the last 24 hours, the president s campaign brought in a record 24. 8 million, almost entirely from small donations. In new york city, joe biden raised 20 million entirely from the elites. I think its time we got to the fed, shall we . Five hours from now the Interest Rate decision and more importantly, the outlook for rate cuts later this year. That arrives at 2 00 p. M. Eastern. We will also see if chairman powell responds to the intense pressure for a rate cut that hes getting from the president. A flat market in advance of that. The Interest Rate news from around the world this morning is grim. Not here, no, over there. In four European Countries and japan, things are so bad that when you buy a Government Bond, you dont get any interest. In fact, they keep some of your money. No wonder the mone
Washington d. C. [background noises] lisa welcome to the stage board member Vice President of global Government Relations. Please welcome to the intersect stage iti board member and Vice President global Government Relations at meta. [ applause ] hi, everyone. That was a very good [ applause ] i dont know. Are you all asleep after lunch . Come on. [ applause ] welcome, everyone. Great to have you here. It is my honor to welcome you to the second animal intersect tech and policy summit. My name is, i write global Government Relations for net app. Are very proud as well to serve on the iti board of directors. This is a great crowd we have here today. I dont think everyone is all in from lunch. Everyone is chitchatting a little bit, which is okay. We also have a lot of people online, over 1000 people registered to participate, which is awesome. Very exciting. I think that is a testament to all that is currently happening on tech policy today. Is not really a surprise there is such interes
Numbers and, of course, the payroll report tomorrow, which leads us to our talk of the tape we ask how results from apple and amazon right after the close of trading might drive the tape from here. Here to discuss all that is stephanie link, and malcolm etheridge, both are cnbc contributors both are here at post nine as well welcome. Hi. Steph, obviously, look, apple and amazon together more than 10 of the s p they matter for the index how the market reacts to the numbers. In general, in the context of an earnings season that has been strong relative to expectations, the mark kind of shrugged on some level, where do you think that leaves us as we figure out if this has just been a little bit of an air pocket in august i think it is a little bit of an air pocket, digesting the doubledigit gains we have seen across almost every indices. And i think august can be volatile maybe trade around, maybe to september, mike. But i think the economy underlying is pretty good. The Economic Data has
Mykola olyshchuk. In the morning, he reported the destruction of the same board near avdiivka. This is already the 12th fighter jet that the armed forces of ukraine destroyed in a month. The main task is to effectively use the combat capabilities of the weapons and military equipment of our units and to gain occupied positions and restore the position where we retreated said the commanderinchief of the armed forces. Oleksandr syrskyi of ukraine, being in the military units in the avdiiv and kurakhiv directions. According to him, to strengthen the defense in the main directions we need to allocate our reserves wisely. As before, the general said, the soldiers of the third assault brigade and the 25th separate brigade were able to knock out the russian invaders from the outskirts of the village of orlivka, pokrovsky district, Donetsk Region. And five more children succeeded. To return from the temporarily occupied territories, two girls and three boys, among them one child, an orphan, ch
Surprise profit and Record Services revenue, but says weakness in pc and ipad could continue to drag down sales. And amazon shares rallying after reporting blowout profits beating on sales and the company issuing optimistic guidance as well interesting internals in the jobs report this morning 187,000. Unemployment, 3. 5 average Hourly Earnings, a touch hot, but the workweek shrank, mike, so total weekly pay, below expectations i think it all nets out to consistent with a slowing but still tight labor market and a relatively soft landing for the economy. You did have those downward revisions, so decelerating but also lower Unemployment Rate implies just not a huge supply of idle workers to draw from here the main market kind of bank shot on this is what does it mean for treasury yields thats been the story all week you have had longer term yields really going higher, not much because of repricing what the fed is going to do, but just in general, a lot of dynamics pushing in that direct