Will come to the hearing to have differences with. I think that will make up the American Public on the reliance of supply chain of Critical Materials do you consider that our response to the decision to allow huawai with a 5g network that theri government decision crosses the alliance. And with and this specifically looking at cyberattacks. We are divided into two parts really want to be dependent on the Chinese Government when everything goes wrong my argument is probab that the same and then Brigadier General problem that you have another democracies is that intense would join us for part number interest in the telecom two. Thank you very much for your time today your ex military the house of representatives before being elected senator industry dont want to see change and quite frankly they but the commentator on Us Foreign Affairs and are not capable to deploy that particularly the us and china urelationship and you and i have known each other for many type of network that we try
Strong results. Caroline jeff bezos and andy jassy deleting chaps amid an antitrust probe. Lets check in on these markets. This is a macro picture on the day and some earnings galvanizing a drive higher. Nasdaq up more than 2 then. We see the core pce that the fed so loves coming in line. We are not calling, but we are not exceeding expectations. The market is relieved and we are seeing about of good, healthy increase in certain stocks. A 10 year yield dives down onto the back of that pce number. Even though we see bonds indeed rallying coming yields falling lower, the dollar still resilient against the japanese yen. Will we see intervention from the boj . Moving on, have a look at what it is doing against bitcoin. Dollar strength against bitcoin. Crypto on the downside. Ed it is all about earnings. Intel is off session lows. And just a moment, ian king will give us the numbers and then we will speak to the intel ceo. Microsoft and alphabet are all about cloud growth driven by ai produ
Where later today the us senate plans to vote on the biggest reform of the tax system in more than three decades. If last minute disagreements can be overcome, it would be the first Major Mission accomplished for President Trump, who put cutting taxes and boosting the us economy at the centre of his election campaign. So what do we know about it . Firstly, it will be very expensive, costing around 1. 5 trillion for the government to pay out over the next decade. Some of that would be offset by higher economic growth, but most would be added to the us national debt, which already stands at 20 trillion. That is what is still bothering some in the senate. As for who would benefit, the big winners would be us firms, which would see the Corporation Tax rate slashed from 35 to around 20 . The white house claims the average American Household would also be better off by between 4,000 and 9,000 a year. Some critics, though, say the plan really does favour the wealthy. 0thers dispute the idea t
From the global markets, this is the picture in europe as the markets open. And well be getting the inside track on the bumpy ride uber have been on this week, as well as bitcoins rollercoaster ride, with our tech guru Rory Cellan Jones. December is finally upon us, and this weekend is set to the busiest for Christmas Tree sales here in the uk, but amid warnings that glittery decorations are bad for the environment we want to know if you use the same ones every year or buy them new . Let us know just use the hashtag bbcbizlive. Hello, and welcome to business live. The United States is on course for its largest tax reforms in more than 30 years but hasnt quite got there yet. If last minute disagreements can be overcome, President Trumps big hope is that the refrorms will boost growth for the worlds biggest economy. And that could eventually make the rest of the world richer, too. Firstly, it will be very expensive costing the government 1. 5 trillion over the next decade. Some of that i
[background noise] [background noise] ladies and gentlemen. We are about to begin. Your seats and silence all cell phones and other electronic devices. [background noise] [background noise] as we mentioned, state governors from across the country are meeting in washington, d. C. Well be covering their meeting this morning and throughout the day, the National Governors association will host panels to talk about jobs, the Opioid Crisis, and the future of agriculture. We will be getting underway in just a minute. Governors and distinguish guests. Guests, pleased rise for our National Anthem of National Anthem, which is being performed by a distinguished a Cappella Group from st. Marys high school. Nal anthem] [applause] please be seated, everyone. Good morning. Im brian sandoval, the governor of nevada. To washington, d. C. And the 110th meeting of the National Governors association and lets give another big thank you to nothing but trouble, who were pitch perfect. A big hand for them. Ma