Mean updated versions of the app cannot be downloaded joining us now to discuss our boom bust cohost bents want to christiane and they become in this story with us all week long so thank you so much for that theres another twist on a friday ben i want to start with you because even though we have heard a lot of talk about banning tictac by the administration all that is really being banned are that at this point are really updates correct. Yeah so this is kind of a ridiculous move here by the Commerce Department what theyre saying is look you will not be able to get an update on tech talk but if you already have it on your Android Device or you have it on your apple device you can still use it so it doesnt change anything now that the restrictions are we chatter a little more strict beginning on sunday its going to be illegal to host or transfer internet traffic associated with we chat so its more strict here now get this the german ministration says that beginning on november 12th nov
Deliver remarks on jobs and the economy, and from the Mankato Regional Airport in minnesota looking at the live pictures and then hes headed to wisconsin for another event weve got that all covered for you. Now, theres one area of the economy going full steam and thats housing. The exodus from the cities to the suburbs fueling demand for one company, so much they are actually struggling to fill thousands of open positions, even with millions of people still unemployed in this country weve got the ceo of two men and a truck, hes here on the housing hotspots and hes in the cities where people are going and there was this new forecast by the cdc, predicting that the u. S. Coronavirus death toll could reach 200,000, by september 5 but could a newly approved rapid saliva based test be a major game changer . Its pretty interesting stuff today former secretary of health and Human Service dr. Tom price is going to give his prognosis on this new test and a lot of other things within the pandemi
That it would be premature to speculate on that possibility. That seems to be one of the factors driving the market today. That theositive news market believes it is going to get on the vaccine. That is why we are seeing the s p up. 6 . We have the euro trading higher. The dollar continues to move lower. We will talk more about bonds as well. Is the bund overvalued . Lets get back to that subject of the coronavirus pandemic. Many European Countries continue to report a surge in cases. Is the Bloomberg Intelligence director of research. We are starting to see a pickup in a number of cases around europe. Has europe missed his opportunity to control the virus . Many people were lauding it for having been able to do so. You have seen rules loosened over the summer we have seen rules loosened over the summer and cases are climbing back. Surprised. Ot if the authorities in charge are when we loosened the restrictions, when bars and clubs opened with very likely people who cannot control thei
Washington, do something, and do something on this august 7. Jonathan 1 away from alltime highs on the s p 500 coming into this one. Equity futures off by 0. 4 . The data 90 minutes away. Lisa we are getting the u. S. July jobs report. This is backward looking, and only goes back to the first half before the virus started to reshutter businesses. How much urgency is there for negotiations about the fiscal second round of support . I hear someone will be speaking on bloomberg television, national akamai Council Director larry kudlow, speaking with some guy that is on at that point. Tom oh really . Jonathan thank you for the promo. [laughter] lisa then tomorrow, Berkshire Hathaway reporting earnings. Really interesting to see what they are going to do with their 137 billion cash pile. This is a microcosm if the u. S. Economy. Interesting to see any guidance about how some of them are weathering this period. Jonathan the price action shaping up as follows. In the bond market, treasury yie
Traditional cigarettes. One attorney general has filed multiple lawsuits to keep them out of the hands of teenagers. But first, to our top story. Two years ago, ubers infamous ceo was forced to resign. A new ceo came in and was forced to rebuild the reputation. He has brought in new management but has not been a smooth ride. A big ipo sparked excitement but investors have not been impressed and has traded at a low price since. I sat down with ubers ceo and began by asking if you made the right decision to join the company. Dara we have resolved the conflicts the company has and there are many issues the company was involved with. You have softbank is a partner and you want them behind you. We have a great investor base. We have taken the company public. Revenue has grown 75 since i joined. We now have a path to profitability. So while we have had bumps on the road, i like the position we are in now for the next years. Emily there have been bumps on the road. And despite all the negativ