This is polls and bears. Thank you for joining us. Joining me today, john, jonathan. Democrat michigan congresswoman, pushing out for the minimum wage to be 20 an hour, stating that she cant allow people to be living off of tips. Larry responding with a warning about the impacts the high wage could have on small businesses. Some wages go up for workers but we also lose millions of of jobs. Businesses cant afford it. We can have an unlimited wage through private sector. What a 20dollar minimum wage be worth it . It is a killer for small businesses. It hurts every teen in america. I have a teen, i wouldnt even pay him 10. Honestly, young people, minimum wage is typically the first job you get. Someone getting minimum wage, they get it for six months and they get a rate raise after that. We know this, this is proven, coming back to the first minimum wage in the 30s. It destroys jobs. It resulted in less pay, even Bernie Sanders campaign now. We know this. It destroys opportunities. I make
Good morning. This is bloomberg daybreak europe. Im lizzie burden in london. And these are the stories that set your agenda. Surprise cut. Chinas central bank unexpectedly cuts its key lending rate by the most since 2020, as Industrial Production, retail sales and fixed assets data all miss estimates. Asia markets are mixed. Donald trump is indicted in atlanta over alleged efforts to undo his 2020 election defeat in georgia, adding a fourth criminal case against the former president. Plus, what Warren Buffett is buying and selling. Well bring you the latest 13 f filings as hedge funds look to gain from the hype over artificial intelligence. Well, good morning. Welcome to tuesday. And it might be august, but its a busy one. Youve got traders betting that the fed is going to keep rates higher for longer. So treasury yields have been steadying in early trading in asia. But you did see the ten year yield climb to its highest since november yesterday. The two year yield, which of course is
The. And welcome to the viewers around the world. Unlike look. Voting is underway in closely watch paw elementary elections in slovakia that could see the country radically changed course on ukraine. People have been casting their ballots following an Election Campaign thats resulted in a neck and neck race between a former of left is Prime Minister and pro western liberals. Both sides have about 20 percent support and would require Coalition Partners to form a government. Former Prime Minister robert feats so has campaigned on a populace platform calling for an end to slovakia as robust military support for ukraine and for closer ties to mosca. Out with a new in with the old that switch slovakia as former Prime Minister robert seats. So hopes voters will choose when they go to the polls. Hes already left the country twice and hes promising major changes if he wins a 3rd term in office. No weapons for ukraine, a veto farm, ukrainian needle membership, and a weakening of anti russian sa
Questions from Georgetown University students. I serve as a graduate chair of the geopolitics advisory board. As a policy student, i have a profound interest in studying trust in government because it is a corner storm cornerstone of policymaking. I hope to learn more about it from our guest tonight. It is these passions that make it my distinct pleasure to introduce our guests tonight, who was the former white house chief of staff. [applause] ron draws on four decades of experience in law, finance, policymaking, and politics to advise clients across industries on national and International Legal issues, crisis management, and the global regulatory environment. Having served as a key advisor to three u. S. President s, most recently as white house chief of staff in the biden herzig ministration, ron is sought after when stakes are at their highest. During his time as white house chief of staff, run oversaw the administration covid19 response and contributed to major legislative accompl
Questions from Georgetown University students. I serve as a graduate chair of the geopolitics advisory board. As a policy student, i have a profound interest in studying trust in government because it is a corner storm cornerstone of policymaking. I hope to learn more about it from our guest tonight. It is these passions that make it my distinct pleasure to introduce our guests tonight, who was the former white house chief of staff. [applause] ron draws on four decades of experience in law, finance, policymaking, and politics to advise clients across industries on national and International Legal issues, crisis management, and the global regulatory environment. Having served as a key advisor to three u. S. President s, most recently as white house chief of staff in the biden herzig ministration, ron is sought after when stakes are at their highest. During his time as white house chief of staff, run oversaw the administration covid19 response and contributed to major legislative accompl