Looking across the next year. Its clear that the u. S. Economy is slowing somewhat. The chances are quite low. We are so consumeroriented and we run a trade deficit. Other countries like germany are much more dependent on exports. It is much harder on them i think its fair to say that the u. S. Economy is slowing particularly manufacturing which is a big part of the volatility of the economy. The manufacturing globally seems to be in a recession in my right about that . Speemac as i said the u. S. Economy is about 85 services and 15 manufacturing. They make up a big portion of the corporate profits in the big part of the volatility of the economy. A big part of high wage jobs. It is hard to do these policies. We can argue whether its appropriate to trade policies are sterilizing some of the supply side affects. We have a big increase in Capital Investment in the wake of an attack reform. Now, that has fallen off. Do you think, that seems to have that trade is the big corporate there. A
Looking across the next year. Its clear that the u. S. Economy is slowing somewhat. The chances are quite low. We are so consumeroriented and we run a trade deficit. Other countries like germany are much more dependent on exports. It is much harder on them i think its fair to say that the u. S. Economy is slowing particularly manufacturing which is a big part of the volatility of the economy. The manufacturing globally seems to be in a recession in my right about that . Speemac as i said the u. S. Economy is about 85 services and 15 manufacturing. They make up a big portion of the corporate profits in the big part of the volatility of the economy. A big part of high wage jobs. It is hard to do these policies. We can argue whether its appropriate to trade policies are sterilizing some of the supply side affects. We have a big increase in Capital Investment in the wake of an attack reform. Now, that has fallen off. Do you think, that seems to have that trade is the big corporate there. A
Looking across the next year. Its clear that the u. S. Economy is slowing somewhat. The chances are quite low. We are so consumeroriented and we run a trade deficit. Other countries like germany are much more dependent on exports. It is much harder on them i think its fair to say that the u. S. Economy is slowing particularly manufacturing which is a big part of the volatility of the economy. The manufacturing globally seems to be in a recession in my right about that . Speemac as i said the u. S. Economy is about 85 services and 15 manufacturing. They make up a big portion of the corporate profits in the big part of the volatility of the economy. A big part of high wage jobs. It is hard to do these policies. We can argue whether its appropriate to trade policies are sterilizing some of the supply side affects. We have a big increase in Capital Investment in the wake of an attack reform. Now, that has fallen off. Do you think, that seems to have that trade is the big corporate there. A
1 . 2. 1 . Ericsson right now is down more than 10 . It as well giving a sober picture of asia, saying that it may be a little bit too optimistic on profitability 2020. S for back to the main story in the United States, bank of america with record secondquarter earnings on the Interest Income despite a beat on trading revenues. Bank of america following peers lower. Here with more is the gentleman owner and finance reporter. Stocks are up, clearly not disappointing too much, but a net interest margin. The stock is up i think because the trading results are good. Fixed income trading revenue is unchanged from a quarter of the year ago and that is surprising because all of the other banks that have reported, the big banks including goldman, they had sizable declines in fixed income trading. Bank of america held on to its revenue and thats a good sign. Equities is down but sort of almost everybodys was down. So that matters just as much for these big banks in the u. S. Is what happens on
The committee on Homeland Security will come to order. The committee is meeting today to receive testimony on a department of Homeland Securitys use of facial recognition and other Biometric Technologies. Without objection, the chair is authorized to declare the committee in recess at any point. I now recognize myself for an opening statement. Good morning. The committee on Homeland Security is meeting to examine the department of Homeland Securitys use of facial recognition and other Biometric Technologies. The governments use of biometrics is not entirely new. For example, fingerprints have been used as an identification tool for many decades. Other biometrics include dna, voice pattern, and palm prints. In recent years, facial recognition has become the new chosen form of Biometric Technology. As facial Recognition Technology has advanced, its used by the government and the private sector has also increased. Currently dhs is collecting and storing several different kinds of biometri