to break it all down plus a federal judge has approved a merger between t. mobile and sprint what does it mean for the cell phone market in the united states and amazon is suing the department of defense and now they want to depose the president of the united states to approve the bidding process on a $10000000000.00 contract was rigged details straight ahead in a live report so much to get to on this very busy day so let s get started and we begin as fed chairman drone pal gave the 1st of 2 year early updates to congress on tuesday where he was pretty upbeat about the outlook for the u.s. economy but he is concerned about the potential economic format and the fallout from the coronavirus in china 1st the good news here the u.s. economy he says is in its 11th consecutive year of expansion which is the longest on record now let s be honest here because much of that expansion is simply fake expansion made possible possible by cheap money artificially low interest rates thanks t
economy but he is concerned about the potential economic format and fallout from the coronavirus in china 1st the good news here the u.s. economy he says is in its 11th consecutive year of expansion which is the longest on record now let s be honest here because much of that expansion is simply fake expansion made possible possible by cheap money artificially low interest rates thanks to the fed and also thanks to the fed a massive pumping of money into the economy economic expansion is well into its 11th year and it is the longest on record over the 2nd half of last year economic activity increased at a moderate pace and the labor market strengthened further as the economy appeared resilient to the global headwinds that it had intensified last summer. well as for the coronavirus paul says it is too soon to know how much of an effect that virus will have on the u.s. economy especially manufacturing listen. particularly we are closely monitoring the emergence of the corona vir
economy he says is in its 11th consecutive year of expansion which is the longest on record now let s be honest here because much of that expansion is simply fake expansion made possible possible by cheap money artificially low interest rates thanks to the fed and also thanks to the fed a massive pumping of money into the economy the economic expansion is well into its 11th year and it is the longest on record over the 2nd half of last year economic activity increased in a moderate pace and the labor market strengthened further as the economy appeared resilient to the global headwinds that had intensified last summer. well as for the coronavirus paul says it is too soon to know how much of an effect that virus will have on the u.s. economy especially manufacturing listen. particularly we are closely monitoring the emergence of the corona virus which could lead to destruction in china that spill over to the rest of the global economy. not surprisingly powell also issued a very
11th year and it is the longest on record over the 2nd half of last year economic activity increased at a moderate pace and the labor market strengthened further as the economy appeared resilient to the global headwinds that had intensified last summer. well as for the coronavirus paul says it is too soon to know how much of an effect that virus will have on the u.s. economy especially manufacturing listen. for ticker lou we are closely monitoring the emergence of the corona virus which could lead to destruction in china that spilled over to the rest of the global economy. not surprisingly powell also issued a very muted warning about the growing federal deficit largely because the fed is helping to create that deficit the u.s. deficit is expected to reach more than one trillion dollars in 2020 despite the relatively strong economy so joining us now to discuss is just the writer for the american institute for economic research who joins us here in studio jeffrey good to have
Were slaughtered by the alderman empire todays turkey this week the u. S. House of representatives overwhelmingly voted to give it a name genocide and now the u. S. And turkey both nato members well they seem more like enemies than allies who in the world would a well Something Like that to happen the answer for both countries begins with mr president im bring gulf in berlin this is the day. It is always the right time to recognize genocide but it is particularly so today. This step is no. We simply dont accept it we can say that the Ottoman Empire committed this grotesque crime against the armenians. We consider such an accusation to be the biggest insult people how can we truly say
the crimes of a century ago or in the past. We cannot tidy Little Country hes historys full of the stain of genocide im slavery has no right to say anything not to lecture attacking thats better mohawk good luck. Also coming up Climate Change and a teenage activist named greg bag the swedish young woman is