Have a plan to make up that money. Jason there is editor joel weber on what to look on in the double issue. Joe the cover story is all about teslas autopilot which may be you have heard about it because it is a advanced Cruise Control that might put tesla on a path towards having self driving vehicles. Carol questions about how to get there. Tesla has a rough draft of something it things will become the future. When you are driving next to a tesla, the driver could be an autopilot already. Because of that there has been death. The deaths dont look like normal deaths. But there is a bigger ethical question which maybe it is all worth it. China, in theto headlines, who is selling what to whom. You have got a resurgent merchant. Joel one you have not heard of in the west. Clay thompson signed two years ago a huge deal with this company. It is so interesting. We can talk about trade war and the nba being the most recent one. We were talking about what is a different way we can talk about c
Are here in bloomberg headquarters in new york. Carol stocks up, but us business is having a crisis of confidence and the result could be a recession. Jason the fourth democratic president ial debate but the first since the impeachment inquiry. We will break it down. Carol the online trading commissions are now a thing of the past, but big brokers have a plan to make up that money. Jason here is editor joel weber on what to look for in this double issue. Joel the cover story is all about teslas autopilot which may be you have heard about it because it is a advanced Cruise Control that might put tesla on a path towards having self driving vehicles. Carol big ethical questions about how to get there, because you will probably lose lives along the way. Joel thats right. Tesla has a rough draft of something it things will become the future. Its on the road right now. When you are driving next to a tesla, the driver could be an autopilot pilot in already. Because of that there has been deat
We went to a bull steepener from a bear steepener. Time never global exchange. We bring you todays market moving news from all around the world. Joining us from hong kongs frombergs karen leigh, mumbai are bloomberg executive producer, and Michael Mckee is in washington. We want to kick it off in hong kong, where chief executive carrie lam invoked Emergency Powers and banned facemasks as protests continue. Not an easyis decision to legislate to ban the masks, but given the Current Situation in hong kong, this is a necessary decision. Alix karen leigh has more. Whats been the response . Not a great response from protesters. People are gathering in the city center as we speak. They started gathering while carrie lam was still speaking. People worried this would give police power to go and arrest people, search without a warrant , and in an extreme situation, shut down the internet. It has a huge potential to impact life here. It is something people are upset about. It could fuel proteste
New York Stock Exchange will start. Edward of course with you, youre the man of the hour. I guess jay powell is. Take us through the day. Reporter heard what he said there, 25 basis point cut to the federal fund rate. There was very divided fed we saw here. Very divided committee on the fed funds rate. There were three dissents. The last time there were three dissents in the opposite directions, december 2014, five years ago. We had st. Louis fed president jim bullard who believed there should be a 50 basis point cut today. There was esther george, kansas city Federal Reserve president and Federal Reserve president of boston Eric Rosengren believed there not be a cut at all. The Federal Reserve is not forecasting recession as we go forward. Theyre not forecast anymore rate cuts this year however chairman Jerome Powell pushed back on that a little bit, that theyre watching the data coming in. Things may shift related to that, looking at volatility and uncertainty out there. Listen. What
Senator Bernie Sanders and senator Elizabeth Warren at the debate last night tackling topics like Climate Change, tariffs and trade. You outcompete them and put chief manufacturing officer in place to make sure we rebuild the manufacturing base, we have to fill the factories, we have to fill them with workers that are making batteries, charging stations, making sure making solar panels. Senator warrens plan basically that she would put out we would not be able to trade with the United Kingdom. We would not be able to trade with the eu, its so extreme. Thank you, congressman. What the congressman is describing as extreme is having deals negotiated by the American Workers for American Workers. American workers want those jobs and we can build the trade deals that do it, people want access to our markets all around the world, then the answer is lets make them raise their standards, let their workers unionize, Environmental Standards before they come to us and say they want to be able to s