We will be joined shortly by Larry Summers. He has a piece out today in the Financial Times on the dangers of the United States giving of the leadership role in the Global Community of nations. Alix it is still a busy day. We get nonmanufacturing isn data. President trump will lay out his plan to overhaul the u. S. Traffic control system. Tim cook will deliver a keynote address at 1 00 p. M. Eastern. There should be a lot of shakeup especially when it comes to ai. Inathan a deadly attack london over the weekend left seven dead and nearly 50 injured. The Prime Minister of the United Kingdoms broke spoke earlier today. The successes weve enjoyed, we must do more to respond to the changing threat to our country and our way of life. We cannot deny that the threat from islamist extremism is one of the greatest we face. Now isn joining me nejra cehic from London Bridge and andna. What have we heard from the Opposition Party and how does this set us up in three days time . We heard from there
Dow jones industrials down 26 points, s p down 11, the nasdaq by 29. Some of the big gains yesterday, russell 2,000 lower by 12, but it is oil that is really holding this market hostage. Its underpinning stocks. And House Speaker paul ryan says the nation needs to change the antiquated tax system that hasnt been updated since he got his drivers license. May salvage tax reform, its 70,000 pages, and he held up what he says will simplify the 70,000 page outdated tax reform code and socalled tax return postcard will be at least one of the saviors here. And while ryan focused on one of the trump administrations main domestic agenda items, the president was talking russia with the ukrainian president as relations between the u. S. And Vladimir Putins military become more hostile and outright dangerous. Weve got the fox business all stars ready to go on all of these major developing stories. Adam shapiro digging into the ryan tax plan. Former assistant secretary of defense larry standing by
The stage we are welcoming back to new america, andrew mcathe and erik brynjolfsson. Theyre back testimony with a followup. That book is machine, platform, crowd, harnessing our Digital Futures which we have copies of for sale forking the conversation, shy mention. By further introduction, andy this Principal Research scientist and erik is the director othe initiative on Digital Economy at m. I. T. , and both of them are the top headed scholars on how technology is changing business and economics. Joining them on stage, alice son griswold, a reporter where she covers the economy, another sharing economy and strata conflicts. She comes from slate magazine where she wrote about business and economics for in the money box column. So we have copies of erik and andys book for sale. Following the conversation and they will stick around and autograph them for you. Without further adieu, Andrew Mcafee and erik brynjolfsson, and alice son. Thank you for coming. Tell us bat your book. Well dive
Saying it puts them in a poor negotiating position. Day hourss 24 hours a by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Is Bloomberg Technology. Coming up, alibabas credit crisis, the sequel. Why chinas ecommerce giant is black on the u. S. Blacklist. Jamie dimon speaks exclusively, dealing with disruption. After another lackluster year on the tech ipo road carpet, a starstudded lineup eyes 2017 as the year to go public. First to our lead. A fair punishment, or political powerplay . Alibaba is named on the u. S. Steplist, an leaders and for the company 4 years after it was taken off of the list. Some analysts suggesting that the move was politically motivated, given heavyhanded rhetoric on china from the incoming u. S. President. The alibaba ceo wrote to employees we will not dwell on whether it was fair or just. We need to focus on is how we improve and do even more. We also need to recognize protectionism is ever present around the world, a
Saying it puts them in a poor negotiating position. Day hourss 24 hours a by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Is Bloomberg Technology. Coming up, alibabas credit crisis, the sequel. Why chinas ecommerce giant is black on the u. S. Blacklist. Jamie dimon speaks exclusively, dealing with disruption. After another lackluster year on the tech ipo road carpet, a starstudded lineup eyes 2017 as the year to go public. First to our lead. A fair punishment, or political powerplay . Alibaba is named on the u. S. Steplist, an leaders and for the company 4 years after it was taken off of the list. Some analysts suggesting that the move was politically motivated, given heavyhanded rhetoric on china from the incoming u. S. President. The alibaba ceo wrote to employees we will not dwell on whether it was fair or just. We need to focus on is how we improve and do even more. We also need to recognize protectionism is ever present around the world, a