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Transcripts For BLOOMBERG Bloomberg Technology 20240712

Bloomberg television, starting at 9 00 p. M. Eastern. Along the gulf of mexico, the texaslouisiana border is reeling after hurricane laura unleashed a wide swath of destruction, with winds reaching 150 miles an hour after coming ashore. It is now churning over louisiana. It could lead to more than 15 billion in insured losses. One of the top talkers on wall street, meantime, news of wall street joining microsoft to make a joint bid for the social media sensation tiktok. Now aligned with oracle. For more, i want to get to scarlet fu in new york. A lot tied to these remarks from the fed. There was a lot of gyration in jay powells remarks. In the case of equities, the fed moved it higher. The dollar moving higher. Bonds falling. In no rush bank is to raise interest rates. It will let the job market run hotter and inflation run higher, potentially overshooting the 2 target, before taking any kind of action. In the end, we saw financials get a boost. They benefit from a higher yield and a s

Transcripts For CSPAN2 Fmr House Speaker Paul Ryan Participates In Discussion On Inflation 20220916

[inaudible conversations] [inaudible conversations] good afternoon, everybody. Well good afternoon, everybody. Thank you for joining us on this panel and nice to see familiar faces in the audience, andy, nice to see you. Im excited about the Panel Discussion that weve had today because its a very, very timely issue. This is the topic im excited about talking about here is the issue with working families, inflation, and how we can use fin tech to solve some of povertys pressing problems. Working families are facing a time of rising inflation, energy costs and food costs, everything in everyday life. Workers are too often seeing the paychecks lagging behind and businesses are facing a difficult time hiring, as we enter into this time of economic hardship, we know that households will face financial hardships, and we also know that reducing that hardship is going to require policy makers, forProfit Institutions, not for Profit Institutions and everyone in between to come together to explo

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