Lavongo on their merger and the first companys earnings report. David has news on microsoft and tiktok. Want to continue to update a story were following closely given we have not seen anything like it. Tiktok the incredibly popular social media app in the u. S. And around the world, bytedance its owner, the u. S. Government saying we will shut tiktok down in the u. S. Unless you find a way to transfer all of it to u. S. Ownership and microsoft playing the role as potentially the only suitor for the business i wanted to bring everybody up to date on new reporting that ive got because it is interesting. Both sides right now, bytedance and microsoft and of course the u. S. Government is still very much involved in this as well are negotiating to try to reach some sort of an agreement under which microsoft would buy the u. S. Business of texas toks u. S. Bit from bytedance within the next two to three weeks. That seems to be what theyre hoping for in terms of a timeline obviously in these
Bloomberg. You mentioned housing and todays gdp data when you look at that, do you believe that you have achieved a soft landing or are achieving a soft landing in the sense that removing to trend growth the rest of the year and next year that is our outlook overall, is for moderate growth of around 2 , pretty close to trend. Thats our outlook could be better. Could be worse you know, you never say youve achieved it. But thats our outlook we feel like our current stance of policy is appropriate as long as that remains broadly our outloo outlook. Donna borak with cnn. Chair powell, setting aside expectations for todays rate cut, obviously 97 sort of expected this would happen today, can you tell us more about the rationale behind moving at this particular meeting as opposed to waiting six weeks and cutting in december and if there was any discussion about that around the table . Thanks. Yeah. I think this seems to be the right movement you can see we had our usual range of prospects, ra
But a different story for amd. Both stocks on fire this year. How to trade them from here. The Halftime Report starts right now. Welcome to halftime good to have you with us on this wednesday. Our Investment Committee today, joe terranova, Jim Leventhal allianz Global Investment strategist we begin with the countdown to the fed today. Thats what everybody is talking about including Steve Liesman who is in d. C. Following the money for us i guess its pretty much a foregone conclusion on a cut i think thats right, scott i think there are some questions as to whether or not the Federal Reserve also were to end its Balance Sheet reduction. Supposed to do so in september a lot of talk on the street that maybe they do that today along with cutting rates doesnt really make sense to be tightening up financial conditions through reducing the Balance Sheet along with cutting Interest Rates and also, i see a big question about the guidance worth taking a look one last time at where the market pos
In or sitting remotely the Public Comment call in number is. Public comment callin number 4156550001 access code 2661 086 0068. Press 3. A raise your hand for a specific agenda item mr. Keilly press star three the web e number is 4117. Okay. Next land unceded ancestral homeland of the ramaytush rahmytoosh ohlone olonee who are the original inhabitants of the San Francisco peninsula. Responsibilities as the caretakers of this place, as well as for all peoples who reside in their traditional territory. Ramaytush ohlone community and by affirming their sovereign rights as first peoples. Okay. Thank you. Um, next. 2. President s opening remarks. However, well skip this this item for now. Comment. The bic will take Public Comment on matters within the commissions jurisdiction that are not part of this agenda. no audio . Thank you. Im ready and i have a power point. Oh, okay. You can um, move go ahead to begin. Good morning. My name is jerry im going to speak about operational changes to inc
You know, 80 days away, literally and i think the community can live with 80 more days and within that time do exactly what you want done. The Entertainment Commission, a new permit can go filed for. The Entertainment Commission will have breathing room to do what youre saying and the kids will not be pen alized. Im for the lion dance and i think 80 more days to june 30th, thats okay, thats really okay in the spirit of the children and in the spirit of continuing the culture dynamics of china town. Thank you for letting me opine. Commissioner so i can reclaim. Lets follow the order, because i want to respond to what you said. Thank you, i have the same mind of what commissioner swig just expressed and i agree with the language concern that commissioner transvina expressed. My position is that, the path that its currently on the table is the only solution that addresses that has the potential to address the language concern, thats the only one. Because were not going to do that and were