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You have to say the banks now have a difficult situation on the one hand, they are asked to come forward with loans to enterprises in difficulties. On the other hand, they have to do their Due Diligence wirecard plunges to the bottom of the stoxx 600 as the German Payment Company becomes the first dchl ever to file for insolvency im not going to use any of the alphabet soup we hear about. Vw, nike whatever the recovery is going to be a complicated matter adds that the world has crossed the lowest point of the crisis Government Council member says central bank has taken the right action. Happy friday, this is how we are now shaping up across the market as we move across the session. An hour transpired a risk at the start and a little give back throughout the trading day. Green has given evidence on the screen c ....
Social Media Companies ylan mui has more on the story reporter the dojs proposal strikes at the heart of the Business Model for platforms like facebook, google and twitter, section 230 of the communications ccc act the first is what theyre calling the bad samaritan bill, for platforms that facilitate or solicit illegal activity, and the second specific exemptions for child exploitation, and actual knowledge of elicit activity the doj cannot do this alone they would need congress to act to change the law. Big tech doesnt have a lot of friends on capitol hill these days just today, republican senator josh hawley unveiled a bill that would remove text Liability Protections unless the Companies Promise to act in good faith or pay a 5,000 fine to users if they ....
Winning streak falling by 300 points yesterday take a look at whats happening. Yesterdays session, the dow was down s p dipped back in for the year inching its way in the day before the nasdaq did power to a new record close and briefly broke above 10,000 for the first time. Lifted by amazon, apple, facebook and microsoft which all closed at record highs adding about 5 trillion. About the amount well spend in federal spending this year also take a look at whats been happening with u. S. Equity this hour both the dow and s p are under a little pressure. Dow indicated down by about 60 points s p down by 3. The nasdaq, even after all these gains is indicated up by about 17 points this morning taking a look at whats happening in the treasury market the 10year seems to be yielding 0. 797 crude oil prices are in the red. Crude oil prices, talking about the recovery theyve made. Talking about wti. Down about 2. 3 . What an improvement or a gain in crude oil prices now above 38 thank you it is ....
Amazon apple and microsoft with a run clipped midday when the fed chair said he wasnt thinking about thinking about raising rates. Does zero forever, what does that mean for this rally at this point . Well, it means, you know, everybody said it so much splitting the at tom here. Weve very much gone the route of japan i think its absolute madness. I have no idea why he count hld have just said we remain data dependent and thats it. Ill say this, that to me seems to be the same autopilot today statement that he said back in october of 2018 on the other side that he got frikaseed for i think the fed and Central Banks globally are the main reason we are seeing this huge chasm between the have and have n nots when i heard that, i automatically thought, and maybe this is just my nature, that things must be really bad if hes saying that hes not thinking about thinking about raising rates, that were that far off from even contemplating tha ....
Rest of the day. And no one cspan2 book tv, more television for serious readers. Host good evening virtual audience. On behalf of of Harvard Book Store, i am so pleased to introduce this new book the system by robert reich. Harvad book store brings our new Digital Community in this unprecedented time to you. Every week we will be hosting events. And they will also appear on our website on harbor. Com. You can sign up for a newsletter. You can check out on bookshelves. This evening, we will have time for your questions. If you have a question and any time, select the question button at the bottom of the screen. Also at the bottom of the screen during this presentation, we will see a button featured books the system with our partner bookshops. All sales go towards the purchases and contributions are donated also at the bottom of the screen. And now more than ever, they s ....