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The flag of the United States of america into the republic for which it stands one nation under god indivisible with liberty and justice for all. Thank you gentleman. We do note todays hearing as wenormally do with Opening Statements in the bible got right to our witnesses appreciate being with this today. Speech in berlin in 2022 chair consult an audience of challenges facing antitrust today work quote the result of a choice made 40 years ago to file the misguided philosophy of people other words according the view over the last 40 years is a bipartisan view. More than 20 congressman six president ial ministrations adopted by all 50 states and their enforcement is now somehow wrong. Considerate of the 40 or seos economy grew from 3 trilliondollar annual economy to 25 trillion was the single greatest spirit of Wealth Cre ....
Nasdaq indicated up by 1. 2 for the week to date for what we have seen. Look at the treasury market. You see treasuries here with 10year treasury at 2. 3 . Wti climbing above 90 a barrel. Right now, 90. 43. Of course, we have seen big news in other places. New overnight, positive data on china recovery overnight. Retail sales raising 4. 6 in august. The Unemployment Rate ticking down by. 10 . Chinas Central Bank Cut a shortterm lending rate one day after it lowered the reserves the commercial banks need to hold against deposits. That will free up funding to lend to houses and businesses sdpbusinesses. Im happy we have this guy around. Phil lebeau. It he iis interesting, the phil. You are in detroit. I saw you talking to one of the guys earlier. This is very interesting today. Especially where we have you perched. Reporter joe, it will be interesting to see how long the s ....
Is it higher overnight as well. Europe stocks opening lower. A big policy decisions and the bank of england. The ftse down by 44. In each of the chinese yuan thinking possibly a trade data and the surplus they are narrowing the shanghai composite ended down one point i . However, indicate japan up 1 . Cheryl doubling accounts, the twitter higher. Lauren on this great outer space adventure. Fbn am begins right now. Train to a 5 01 a. M. Here in new york. Its already taken a figure eight. Im cheryl casone. Lauren good to see you. And lauren simonetti. Trained to live pictures were getting out of seoul, south korea. Vice president might penciled in a bilateral meeting with Vice President lucci again. Visiting for the Winter Olympics which kick off tomorrow night. The u. S. Delegation for the ceremony in about three hours or so. And lauren the olympics are here. Its not that im ....
President trump has picked the former president of eli lillys u. S. Division to become the next secretary of health and human services. If confirmed, azar replaces tom price. Global news 24 hours a day. This is bloomberg. Im emily chang and this is Bloomberg Technology. Coming up, the broadcom ceo says the Company Remains fully remained in the acquisition of qualcomm despite the rejection of their offer. We look at what is next for the mega chip deal. Uber has set the stage for one of the biggest private start of as softbank will have a bi a stake. Heating up in the discussions between at t and the government. First, qualcomm project broadcoms 105 billion offer, kicking off what would be the largest tech takeover battle in history. The chairman of qualcomms board issued this statement saying it is the boards unanimous belief that broadcoms proposal significantly underv ....