freelance and independent contractors. later we will hear from senators at the form hosted by the washington post. thank you so much for being here, i am the anchor of the post technology 202 knows letter and we have a great panel today on the future of work in the economy role in the future. so to kick things off, we have victor here, he is the head of public policy for the organization and we are also joined by the ceo of handy, to kick things off, as we talk about the gig economy and the future of on-demand work, can you tell us about your company and your role in that, could we start with the services you offer? you drew difficult names this morning. we started handy six years ago with the view that people buying and selling services. you think about how difficult it is to get someone to clean your home or mount a tv on the wall or fix a plumbing problem and you go through so much of a clunky experience when you re trying to figure out who should you trust, how can
post technology 202 knows letter and we have a great panel today on the future of work in the economy role in the future. so to kick things off, we have victor here, he is the head of public policy for the organization and we are also joined by the ceo of handy, to kick things off, as we talk about the gig economy and the future of on-demand work, can you tell us about your company and your role in that, could we start with the services you offer? you drew difficult names this morning. we started handy six years ago with the view that people buying and selling services. you think about how difficult it is to get someone to clean your home or mount a tv on the wall or fix a plumbing problem and you go through so much of a clunky experience when you re trying to figure out who should you trust, how can you figure out how to get someone there on time, will they charge you too much, will they only accept cash or credit card? when you don t realize there is someone on the othe
european banks got hammered. the euro stocks down, and that spread over to the u.s. year, could not recover data at 1% across the board. joe: at one point, it looked back, butuld bounce it was a brutal day for emerging markets. everywhere you look, wiping of the gains we saw yesterday. alix: utilities may be a little bit in the green. highlight a couple stocks, one is apple. did not participate in the sellouts today, reversing its downtrend. the best again in five weeks, quite a reversal since earnings last week. i did want to put the rally into perspective. 250take apple versus its day average, that is a bananas chart. much lower it is then all those averages, and how quickly it got there. joe: a nightmare. alix: there you go, the title for that. and twitter, another record low for the stocks. talk about earnings slumps. hitting a another record low today, now down 20%, over 20% since it reported earnings. is unbelievable, that that is a five day chart. with the risk sentime
domestic economy. dramatic capital outflows everyone is pulling money out of china. it has been going on all summer but the reaction in the market on the losing of monetary policy is amazing. across all asset classes, futures up across the board, a gain of 1.5% on the nasdaq. everything is gaining. looking at the 10 year yield, rising as investors sell debt to buy riskier assets. take a look at european stocks, up across the board. the dax is up 3%. the rest are following up. if you look at commodities, you see gains in copper right now. you see gains in gold right now. you see gains in oil right now and you see movement and currencies as well, the reaction has been global and swift and dramatic and it s been across the board. david: let s hear the first word vonnie: area with begin with american airlines, the company had a better than expected third-quarter. earnings beat estimates. says fuel prices helped. jack dorsey sharing of wealth as he donates 1/3 his stock to emplo
low for a considerable amount of time in the united states. could they be pushing back the timing for interest rate increases? that has been helping with advertising in the u.s. we have seen earnings on the upside, continuing. the s&p 500 just off a record high. ansumer confidence jumped to seven-year high in the united states. generally, there is a positive feel out there. helping stocks in europe, helping u.s. treasuries. we have seen bonds continue to see a downward trend in yields. 2.29% is where it is at. still no hint of a rate rise in the u.s. we are seeing appetite for italy and spain this morning. of course, this appetite for risk coming back. we are seeing germany sell off a little bit. i want to get into some of the big movers here in europe. key foldsecting some on the back of a couple of earnings. deutsche bank posted a third-quarter loss. , we wereovisions talking about it with ubs. deutsche bank too having to cover the cost of litigation. did they manipulate fo