Give their technology and they give access which is what the u. S. Says to the Chinese Government but the u. S. Is still never produced any evidence brant of this never shown any evidence that this actually happens now theyre saying the same thing about ticktock that all this data can be kind of sent over to the Chinese Government but they havent shown proof that thats happening and heres my biggest concern about all of it is when youre talking about getting rid of take talk or forcing it into another big American Tech Companies hands when youre talking about getting rid of ali baba which is really the only true competition to amazon anywhere in the world as an ecommerce site when youre talking about doing that when youre actually doing is youre strengthening the monopolies that these Tech Companies already have the stranglehold they already have and by going around using the full force and might of the u. S. Government youre preventing any kind of foreign competition to companies that
Sharing intelligence and theyve all backed away you look at the u. K. It looked like they were going that way and now theyve Scotland Yard and there are a most well you know them to do were looking at other things. And this comes after the president signed an executive order on august 14th which requires tick tocks Parent Company bite dance to divest its interest in tick tocks u. S. Operations within 90 days now once again Chinese Foreign Ministry Officials say that this is just another example of how the u. S. Is violating its own free market principles. Because as a dummy so does he once again proves that the socalled freedom and security are nothing but an excuse for the digital gunboat diplomacy pursued by some us politicians. Do this type of bullying is a blatant denial of the market economy competition that the us has already has advocated. And joining us now to discuss is bus coast investigative journalist ben swan and Geoffrey Tucker editorial director with the American Institu
Again with all of choose these updates at the top of the hour in the meantime do not miss a thing by keeping tabs on our ts twitter page well worth some of your scolding time today by for the. Summer solution thats right some resolution. Today were whether or not gold price lives are a single thing and so the us dollar with yes superstar alice to the class of gold money dot com alistair well. This is a boom bust the one business show you cant afford to miss in washington coming up the u. S. Is set to further tight restrictions on wall way as President Donald Trump says the white house is looking at potential action against ali baba and other chinese giants well bring you the latest plus japan has seen a huge Economic Contraction due to the copan 1000. 00 pandemic will take a look at how this dire Economic News is affecting World Markets and as 2 Major College football conferences have postponed their season over the financial landscape of sports amid the pandemic with some expert analy
Housing starts surge 2ging 22 n july countdown to a record. We are above it right now. But as we have said, we have been there before. 59 minutes until its official will today be the day . I dont know, mike san toll ji not here. If you missed out on the markets stunning rally, is it too late to jump in now . Well ask founder Mike Novogratz for his take and a world of difference. How much the Global Economy has been altered and the challenge thats remain with David Melpass. Lets get to the stories were watching bob pisani is marking the action sara has new details on one of the biggest earnings and bob, lets start off with you. Its technology. There is the tech on the upside. A little Consumer Discretionary. That is amazon and advance auto parts. This the he do very good retailers lagging behind here. Thats how important they are. Those are not typos. Apple, 42 the stocks all major reasons why were at new highs today as for the retailers, yeah, we are at new highs at the open at home de
The election conversation right now. Speaker pelosi calling the house back into session for urgent action, she says, on the matter. So urgent they are not coming back until later this week. Meanwhile, the market shrugging off any possible chaos from the election. The s p, in fact, could hit an alltime high today. Goldman sachs is raising its forecast on the s p to 3600 by years end. Its also a big week for retail as well. Several Big Companies reporting profits starting with walmart and home depot tomorrow. Lots to talk about. Im Ashley Webster. Yes, stuart is back tomorrow. Varney company is about to begin. Its been run horribly and were going to make it good. Now, what am i supposed to do, let it continue to run badly so if you fix it they say oh, hes tampering with the election. Were not tampering. This is a con game by pelosi and schumer. Look, the post office, theres 25 billion sitting there but they really want 1 trillion to bail out their badly run states. Ashley yeah, that was