[background noises] [background noises] is nick any on education and workforce will come to order. I note the quorum is present. That objection the chairs authorized to call recess at any time. Good morning everyone and welcome to todays hearing. Acting secretary at soup, i like to start by saying you have been a hard witness to schedule. The committee began working with the department to secure your in person testimony beginning in march. You would not appear in may, we honored your request to appear in june. Using the day, june 7, that was offered by your staff into which you agreed. More than a commenting to establish a mutual date for this meeting, this hearing. Why is it that late friday evening following the committees public posting of the hearing a week ago, your staff told us you were quote no longer to make june 7 work . What was so important that you are willing to stop the work of a Congressional Committee come up in the schedule 45 members of congress and leave the America
Record as she answered questions. It included Vaccine Mandates, apprenticeships, and child labor abuses. [background noises] [background noises] is nick any on education and workforce will come to order. I note the quorum is present. That objection the chairs authorized to call recess at any time the committee on Education Workforce will come to order. Without objection, the chair is authorized to call recess at any time. Good morning, everyone. Welcome to todays hearing. Acting secretary su, i want to start by saying you have been a hard witness to schedule. The committee began working with the department to secure your in person testimony beginning in march. When you would not appear in may we honor your request to appear in june. Using a day, june 7, that was offered by your staff and to which you agreed. We have been more than accommodating to establish a mutual date for this hearing. So why is it that on late friday evening following the committees public posting of the hearing a
Bloomberg surveillance. Manus is in the hot seat. We have cpi, ppi coming up next on the late. Because Bank Earnings we have Bank Earnings. Manus when the call ended at this morning to join surveillance, what a moment. No guidance is going to be revised higher because we are in a higher for longer weight. But going to jamie dimon says come he is not completely sure. 70 to 80 chance the market thinks there is a soft landing and i think the odds are lower. What is the rhetoric and guidance . Lisa that is what people are going to be watching for. We are expected to get jp morgan, wells fargo come at it click get citigroup. Markets are fascinating because we are looking at a situation where bonds are stuck in everything are still kind of really reeling. It raises a question, is this a market that can withstand peoples where they are withstand yields where they are . Annmarie and you siemens coming out about this no landing scenario. The reason earnings is so important is because of the dat
Record stock rally off to the best start, best yearly start in more than a decade. Apple addicts, billionaire share hoerlds urging the iphone maker to take action against the long term consequences of childrens smartphone overuse. Nvidia saes big bet on autonomous driving, teaming up with vw. The best start to a year since 06, closing the week at record highs and s p and nasdaq turning in the best week since december of 2016 and the street now beginning to look ahead to earnings season wells fargo coming out with results later in the week well get Inflation Numbers and retail sales and citi and Media Conference and Morgan Health care conference. You mentioned nvidia and wong going down to consumer conference tomorrow. Whats happening is an interesting opportunity, the futures are down for once. People can get in provided that the stocks themselves dont go up im talking about caterpillar, United Technologies and nvidia, they are ramping, maybe let them come in and get a chance the resea
You look at what has gone on with employment at whats gone on with the stock market. We have created now almost 8 trillion just in the stock market. Maria games to show you. Our industrial better then 100 points. Also in positive territory. A weakness on the selloff yesterday. Down 15 in paris. 27 points lower. In asia overnight as you see the shanghai and hang seng up on the cost be lower. Call it the crypto crash. Plunging as much as 25 just above 10,000. My one investor says hes not going anywhere near this craze. Shocking footage out of baltimore. Police engaged in a shootout while stopping a robbery at a 711. The latest as they hunt for the suspect coming out. Winter weather slamming the United States. Hundreds of Flights Canceled in the south is the threat moves north. What you need to know this morning coming out. One thing for sure. Not as bad as it is in russia. The shocking temperatures causing eyelashes to freeze. Plus, is it the end of General Electric as we know it . The m