States. Its funny. We were in the office today, just kind of hanging out, waiting for something to happen like it does every day. And nothing really happened, which was strange. And then i realized oh, yeah, the reason its quiet is because donald trump is on a plane right now. Hes out of the country. Hes in the air so he cant [ applause ] it felt like skull island after they abducted king kong. President trump is on his way to davos, switzerland for the World Economic forum. Hell only be there for a night, but that should be plenty of time for him to Say Something ratist. Hes there to meet with other world leaders, to give a speech and there judging the swiss Miss Universe pageant. Really the best pageant because the women come with mini marshmallows and theyre delicious. Trump plans to tell the world that america is open for business. And who better to make that declaration than a man who declared bankruptcy six different times. According to a new poll, the majority of americans dont
Destiny. Try ares to assess everything that could go wrong is not being alarmist from the contrary deep thinking, analysis, and advance planning will allow us to think about what kind of future do we want, and ultimately enable us to create a future a. I. That is positive for u humans and machines. Were fortunate that these conversations are happening more now and that two of the press thought leaders driving these kftions are our special guests tonight. First, we will hear from eric, director of the m. I. T. Initiative on dimmingal economy and author with Andrew Mcafee of two best selling books second machine age and machine platform crowd harnessing our dingal pooch. Next well hear from max cofounder of the future of Life Institute, and author of the of the new book just coming out life 3. 0 being human in the age of Artificial Intelligence, and i understand its in its second week with on the New York Times best seller list. Congratulations. Then the two gentleman will have a convers
A thank you to the religious conservatives who helped him get elected. The director of the antiNuclear Weapons campaign that one the nouvelle peace prize novell peace prize says we cannot threaten to slaughter hundreds of thousands of civilians in the name of security. Beatrice fan of the International Campaign to abolish Nuclear Weapons told reporters in geneva that the election of donald trump as president of the United States also sends a message. Ways forare no right the wrong weapons. If you are uncomfortable with the idea of donald trump having Nuclear Weapons he is able to launch, you are uncomfortable with Nuclear Weapons in general. I think that is really the message that we want to come across. Fihn said the award signs a needed light on the need for a world free of Nuclear Weapons. News powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Julia live from bloomberg World Headquarters in new york joe i am joe weisenth
President obamas efforts to slow global warming. The e. P. A. Says the rule exceeded federal law by setting emission standards power plants could not reasonably meet. A u. S. Soldier who went missing in niger has been found dead after an ambush by extremists during a joint patrol with local troops. The soldier was one of four u. S. Troops and four from niger killed in the attack. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. I am alisa parenti. This is bloomberg. Bloomberg technology is next. Cory i am cory johnson in for emily chang. This is bloomberg technology. U. S. Payrolls fall but wages soar. The future of employment with the head of talent at linkedin. High hopes teslas solar power could help the island recover from the storm. New reports about swelling in the iphone 8 battery. We dig into how big the problem could be for apple. The u. S. September jobs report showed payrolls declined for the First Time Since 2010, but
Of a thirdrate hike this year, but they say perhaps, they need to slow down. Quote, it was noted that some patience in removing policy accommodation was warranted a few of these participants thought no further increases in federal funds rate were called for in the near term. That upward trajectory of the federal funds rate might appropriately be quite shallow. To sum it up, trish. Fed is worried about persistent low inflation. That they want to go forward with another rate increase in december, there is disagreement in pace of future action on rates and that key quote, might result in the federal funds rate staying uncomfortably close to its effective lower bound. Back to you. We have robert luna, and steve cortes an our very own lori rothman there at nyse for us. Steve, start with you, why is there no inflation . Why is it so low . Well, this has been a persistent problem obviously ever since the Great Recession we came out of. We had low growth, and weve had very little wage growth.