Narrator and t tt to democracy. China is on its way to building a total surveillance state. Narrator tight on frontline it has pervaded so ny emem of everyday life. How do we make it transparent and accountable . Narrator in the age of ai. Froroline is made possible by contributions to your pb station from viewers like you. Thank you. Major support is provided by the john d. And catherine t. Macarthur foundation, coitted to building a more just, verdant e Ford Foundation . Working with visionaries on the frontlines of social change worldwid Additional Support is provid by the abrams foundation, committed to excellence in journalism. The park foundation, dedicated to heightening pububc awareness s critical issues. The john and Helen Glessner family trust. Ppororng trustworthy journalism that informs and inspires. And by thejo frontlinnalism fund, with major support from jon and jo ann hagler. Ad antitial support from tom m air and lucy caldwellstair. Major support for frontline and, in
The economy faces new threats. Jay powell is going to be facing the Senate Banking committee for his confirmation at 10 00 wall street time on tuesday to be the next chair. I want to bring into half for some reaction. That wes speculation might hear something different. Kathleen this is a 2. 5page statement. The testimony is tomorrow at 10 00 wall street time or 5 00 here in new york. You can see the Senate Banking committee decided to put this out on the table. Lets just run through. As part of our fed team, i received these under embargo. Ive had a chance to look at this. Powell is expecting Interest Rates to rise somewhat further and the size of the Balance Sheet to gradually shrink. Is this a surprise . No. We know this is the path the fed is on. Theres nothing in here about inflation and the fact that it has fallen short of the feds target. The fed must retain flexibility to adjust policy in response to the economy. Subtle, nuanced way for jay powell to make it clear, as fed chair
Hong kong fell, led by 10 . Desolate by tencent. Led by tencent. Chinese regulators are not spending. Approval of mutual funds plan to allocate 80 of other portfolios in hong kong. Global news, 24 hours a day, powered by 2700 journalists and analysts in more than 120 countries. Bloomberg. We are looking at markets. Have a look at hong kong. Hang seng down. Down. 9 . This is bloomberg. Emily this is bloomberg technology. This is the Biggest Online spend day of the year. How will cyber monday sales stack up . Where our Consumer Spending . Bitcoin hitting new milestones at a record pace. We will discuss their value. The Koch Brothers back meredith corporation. Will the deal help revive the Digital Strategy . To our lead. It is the big stay for Online Shopping in the u. S. This year. Cyber monday sales are expected to break new records as giants like amazon role at all the deals. Online spending totaled 3. 3 billion. Emma chandra covers the retail industry. Walk us through the trends. You
On tonights pbs newshour. Major funding for the pbs newshour has been provided by bnsf railway. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Obrien harvey is gone, but houston still faces texassized problems tonight. It runs the gamut from catastrophic housing loss to the dangers of damaged Chemical Plants. And as the region struggles to recover, officials are searching for the living, and the dead. William brangham begins our coverage. Reporter above its more sunshine and mostly clear skies. But down be
Major funding for the pbs newshour has been provided by bnsf railway. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Obrien harvey is gone, but houston still faces texassized problems tonight. It runs the gamut from catastrophic housing loss to the dangers of damaged Chemical Plants. And as the region struggles to recover, officials are searching for the living, and the dead. William brangham begins our coverage. Reporter above its more sunshine and mostly clear skies. But down below flooding from harvey,