Nikkei up. European equities right now as well a bit of a mixed picture ftse up slightly the tenyear note is trading at 2. 053. Now to the big story of the morning. Details on the hack capital one disclosing a massive data breach that affects 100 million u. S. Customers and 6 million in canada. The company says 140,000 social numbers and 80,000 Bank Accounts and 1 million Canadian Social insurance numbers were compromised. It says the largest category of data that was exposed was from credit card applications including names, addresses, phone numbers, dates of birth and self reported income the hacker also accessed customer status status such as payment history, Credit Scores and credit limits. The breach occurred in late march. The hacker accessed information through a vulnerability of the servers in an unnamed cloud company. The fbi arrested a suspect, Paige Thompson shes a former engineer at Amazon Web Services. Authorities allege thompson posted some data on gethub and a private ch
Charles payne, this is making money. Breaking right now, everyones bullish, everyone loves jay powell all of sudden so what can go wrong . Weve got both sides of the story. Meanwhile tesla struggling to stay magnificent. Guess what . We got a special guest who visited their factory. She says this company is the future. Buy the dips. She will tell you why. Dont miss my takeaway on the Biden Administration war on corporate profits. I have the real story on inflation. The shocking economic consequences of crime in america. It was on the feds beige book yesterday. Were going to dive into that as well. All that and so much more on making money. Charles all right, so i realize we started talking about the rally baton that this latest wave the narrative centers on Artificial Intelligence and all the benefits a. I. Will bring forward, right . But make no mistake, folks, the rally baton is expected to make its way back to the Federal Reserve at some point and the assumption of greater accommoda
Adjourned. Following the open meeting of the federal Communications Commission held a News Conference from its headquarters in washington, d. C. This press conference with fcc chair Jessica Rosenworcel and brendan carr runs just under 40 minutes. Good afternoon, everyone. If folks could take their conversations to the lobby, we greatlyre appreciate it. Weto are about to get started wh the post conference and as you know we had a pretty lively and lengthy meeting so i would like to give the chair as much time as possible to answer questions for the reporters. With that i welcome the chair. Good afternoon. All right. Why dont we start with david. I wanted to ask about the effect [inaudible] could you please turn on your microphone. Can you speak to the current state [inaudible] under section 214 of the communications act, the fcc authorizes the provision of communications in the united states. We also have the authority to take away the authorization for providing service, and as youri k
Good afternoon, everyone. If folks can please take their conversations to the lobby, we would greatly appreciate it. Were about to get started with an open Meeting Press conference. We have a pretty lively and lengthy meeting. I would like to give the chairmen as much time as possible to answer questions from the reporters in the room. Thank you. Good afternoon. All right. Lets start. Why dont we start with david . I wanted to ask specifically about the orders effect on the chinese carriers. Could you please turn on your microphone . The red button. Can you speak to the current state of broadbrand services being promoted by chinese carriers . First things first under section 214 to have communications act, the f. C. C. Authorizes the provision of communications in the United States. We also have the authority to take away the authorization for providing service. As you know during the last several years, we took away that authorization from several chinese carriers. During that term, h
Senator jay walden to be recognized by President Trump to be the head of the securities and Exchange Commission. This is two hours and 25 minutes. The meeting will come to order. This morning we will hear testimony of jay clayton be the head of the securities and Exchange Commission. He has extensive experience in the markets as a highly decorated securities trader. He has helped to inkrecrease th ability of those to invest in the united states. One area na mr. Clayton has said that he will focus on is market formation. The access is the lifeblood of the economy. The jobs act helped to revitalize the primary markets in congress and the s. E. C. Should continue to find ways to help companies to go public to allow the investors the share in their success. Recently, this committee marked up several bipartisan securities bills, and we encourage you, mr. Clayton, if confirmed to help others identify securities area, which could use legislative improvement. The s. E. C. Has a important three