Tiktok is said to be making contingency plans for a u. S. Shutdown, joining microsoft to challenge a bid from oracle. Australia winds up turning season like never before with a recession and record government stimulus. Lets get you started with a quick check of the markets. We are seeing u. S. Futures opening slightly higher. This as we had another record high in the u. S. With the s p 500 soaring for a fifth consecutive session. We have financial and real estate sectors being the biggest gains. We have banks benefiting. Treasury yields were higher. We had the yield curve widening. Powell chair jerome speaking at jackson hole, conveying a dovish and more relaxed approach. Higher yields leading to the dollar rebounding. U. S. Weekly jobless claims remaining above one million. Not to mention the economic gdp numbers contracting slightly less than forecasted due to oil prices looking like this. About 43 ag barrel. We had oil declining through the new york session as laura barreled into lo
Zavala explains which businesses get to open first and what still need to wait. California is taking its first set of small steps into reopening its economy retail and its manufacturers will be the first to enter into californias next phase of its stay at home order it has to be done in a very thoughtful and judicious way its a health first focus governor Gavin Newsome says florists clothing toys books and Sporting Goods stores can reopen by the end of the week with new mandatory guidelines like Curbside Pickup the state is set to release the new rules thursday, not included in this round of reopening is seeded dining shopping malls and offices we need active monitoring surveillance. To make sure that the disease is not spreading. It is one of the criteria is a to re modify the announcement comes as Health Officials say california is clearing necessary hurdles to move into its next stage of its 4 feast plan to reopen the economy. The director of the states Public Health Department Says
Sectors expanded use of technology, its just not ready primetime. During this hearing, well private sectors development, use and sale of technology as well as its partnerships with Government Entities, using this technology. We learned from our first may 22 of 2019 that he use of facial Recognition Technology can severely impact American Civil Rights and liberties, including the right to privacy. Protection and equal under the law. We learned during our second federal, n june 4 how state and local Government Entities use this technology on wide scale. Yet provide very little why itsncy on how and being used or on security measures to protect sensitive data. Despite these concerns, we see facial Recognition Technology and more in our everyday lives. Used in ology is being schools, grocery stores, irports, malls, theme parks, stadiums and on our phones, social media platforms, door and even in ootage hiring decisions and its used by Law Enforcement. This technology is completely unregula
F facial Recognition Technology. They testified before the House Oversight and reform committee. Working on e is legislation to address the emerging technology. Good morning, everyone, and is out objection the chair authorized to declare a recess of the committee at any time. Would now like to recognize myself to give an opening statement. Today the committee is holding on a critical ng issue. Facial recognition tech. Its clear that despite the sectors expanded use of technology, its just not ready primetime. During this hearing, well private sectors development, use and sale of technology as well as its partnerships with Government Entities, using this technology. We learned from our first may 22 of 2019 that he use of facial Recognition Technology can severely impact American Civil Rights and liberties, including the right to privacy. Protection and equal under the law. We learned during our second federal, n june 4 how state and local Government Entities use this technology on wide
The committee will come to order. Good morning, everyone. Without objection the chair is authorized to declare a recess of the committee at any time. With that i would like to recognize myself to give an Opening Statement. Today, the committee is holdingg our third hearing this congress on a critical issue, facial Recognition Technology. It is clear that, despite the private sectors expanded use of technology, its just not ready for prime time. During this hearing we will examine the private sectors development, use, and sale of technology as well as its partnerships with Government Entities, using this technology. We learn from our first hearing on may 22 of 2019 that the use of facial Recognition Technology can severely impact American Civil Rights and liberties, including the right to privacy, free speech, and equal protection under the law. We learned during our second hearing on june 4 how federal, state and local Government Entities use this technology on a wide scale, yet abide