The uks antitrust watchdog strikes again with an investigation into amazon and microsofts cloud services. More concerns u. S. Tech giants could be abusing market power. It is day two in the historic ftx fraud trial. A look at the crypto hedge fund. In this hour we have an exclusive conversation with them for it with San Francisco fed president mary daly from the Economics Club of new york. First lets check in on the markets because it is about the Federal Reserve that is currently affecting the market. The macro picture being the jobs data is still looking strong. We see selloff in the nasdaq. The nonfarm payrolls data coming up the jobless claims. Two year yield recovering somewhat. Stabilization in the bond market. Still above a 5 level. What is there for the risk appetites when we have highyield . The dollar stabilizing. Lets look at some of the individual movers. I am looking at micron, up. 6 . They be that is because Samsung Electronics managing to boost the price of their own mem
Bishops plans to take on local rivals have stalled in shanghai. Asiagood morning to our asiapacific viewers. Upside, four the for four days in a row. Yvonne, it is valentines day so investors were feeling the love. Have my pink and red valentines day tie in gettingion as youre ready for the year of the dog in china. Interesting what happened. 2. 12 is where it came in. When s pxpecting 1. 9 cominget numbers were in. We ended up near session highs. Vonne despite how we see yields heading higher, it seems were shrugging off inflation print and adding to risk. The interesting to see s p 500 reverse and gain back the losses from this year already. Ramy lets get more into this yvonne, because the s p 500 advancing four days in a solidifying the rebound despite the higherthanexpected set by a decline in retail sales. Down, su keenan is here with more. It seems the bulls were ready to run. Su it seems were getting two stories, perhaps the economy not as strong as we thought with the decline i
Scalise of louisiana in new orleans. Happen, miracles do scalise returns to congress for time. Vicki on democrats line, vicki, go ahead. Hi. Er thank you for taking my call. m calling, im a member of common cause. I dont consider myself a left wing. In do a fabulous job keeping track of what is going on. m call nothing regard to our administration and applying taxpayer dollars. Them penny spent for should be paid back by them. I sit here and understand the and senate is out of session right now, might explain slow response in regard to what puerto rico. Im appalled at how this ongress is acting, how the presidency is acting and it just entire united sad, states and that includes puerto rico. Thank you for your time and more should consider looking at common cause and just exactly that they do. Thank you. Host okay, vicki, thank you. Up, independent line. Brian, good morning. Caller good morning. Hear me . Host yes, we can, yeah. Caller okay. Moved back to small town in Northern Michiga
Is the boeing breaking up the duopoly . Brexitress on the negotiations. U. K. Economy is not growing at a rip roaring rate. Carney speaks in less than two hours. Matt good morning. From the index opening, and castrating, we see Index Futures here. We had a mixed picture yesterday. Not a lot of action. Today we see the same thing. 0. 2 . Ex is down about little change on the dax. Blooms had been stuck in a range for so long. This is a onemonth look at the german tenyear trade. Investors have started to stock up on their safe haven bets. Buying them and pushing the yield down. It is up a little bit today. You can see from that red arrow pointing up, dont let that confuse you. Right now trading only at 38. That is a pretty low number for german bund it yields. Guy take a look at what is happening with the u. S. Shape of the curve. Yesterday the curve flattened, again, and big. It was a really big move. It is what we are seeing in europe as well. The markets should Pay Attention to it. Let
The government. It is critical that personal data is protected. Consumer impact in the breach is minimized and consumers ability to assess credit is not harmed. Credit bureaus play a valuable role in our Financial System by helping institutions assess a consumers ability to meet financial obligations. And also facilitating access to beneficial Financial Products and services. The inherent nate nature of the business as with most businesses in the digital age, requires utmost Data Security to ensure that sensitive Consumer Information is safeguarded. Two weeks ago, equifax testified about the message it used to protected consumer bases such as encryption. Former equifax ceo Richard Smith noted that while some of equifax s databases are encrypted at rest, the disputed portal that was compromise was not. Questions remain about the best ways to protect sensitive data, including are their Data Security industry standards and best practices that Credit Bureaus . Encryptions like addressed th