Celebrities like lynn arctic caprio and Kim Kardashian. Newly Public Companies newly Public Tech Companies roaring out of the gate. Frog closing j with huge gains and ceos join us. President trump is expected to give a press conference any moment at the white house and we will bring you headlines from that event. News tumbling out by the minute with oracles bid for tiktok. Moments ago bloomberg learned the following about the terms of the deal. That oracle would happen all of tiktoks u. S. User data in this scenario and oversee all of tiktoks u. S. Technical operations. Oracle would be able to check source code to prevent backdoors. Tiktoks u. S. Board would be approved by the u. S. Government and oracle would create, they say, 20,000 new jobs through tiktok operations. Joining us to talk about how it has impacted markets, we have bloombergs sarah ponczek. Lets start with the fed decision and how it rippled across the markets today . Sarah we have a lot of moving parts but when it come
Congress and nonfiction books. Here is what is happening on cspan2. Janet yellen tells lawmakers the outlook for in the rates part of her second day of testimony on capitol hill. Then democratic president ial candidate Hillary Clinton talks about her corporate Profit Sharing proposal at a town hall in dover, New Hampshire. And Congress Asks us soccer officials why they didnt expose the scandals in fifa. Janet yellen was back on capalitalol hill today saying it is likely the fed will raise Interest Rates. She highlighted improvements in the Labor Department as well. This is an hour and 45 minutes. These hearing are among the new opportunity we have for public discussion with the chairwoman of the Federal Reserve. They manage the supply of money and monitoring the health of the system. Through the special programs the feds Balance Sheet expanded to an unprecedented size of 4. 5 trillion trillion. 20 of all treasury securities are hailed on the feds Balance Sheet. Furthermore, rather than
That. Some people suggested recently that american works need to be willing to work longer hours. I dont think Many Americans work fewer hours by choice unless there are Health Issues or child care limitations or other responsibilities. I think Many Americans working part time would like to work full time. The slack in the labor market seems to indicateu kateicate we have a ways to go. Discuss the concern for the number of workers working part time but would like to be in the workforce. We have a larnl share of the workforce, believing it is around four and half percent working less hours than they would like to work. The broader measure is the measure of the Unemployment Rate we normally look at is 5. 3 . Broader measures that capture that part time for economic reasons a measure like you six. We have a picture in the Monetary Policy report and we show how high that is and of course it is always higher than the narrowing concept of unemployment it is very much higher than you would ex
Of the Smithsonian Museum of african art on the 50th anniversary. And aaron wolf on his documentary king corn. Monday night on the communicators, we will speak with the wall street journal Information Age columnist on why he thinks that washington is a danger zone for innovation. If you go back to earlier technologies like railroads the telephone monopoly, those were regulated as common carriers. They set terms, visit rules. Very set rules. The was very little innovation until they were deregulated and the common carrier statutes essentially unbound by congress. When it was clear that innovation was being suppressed and the u. S. Was falling behind, that was the backdrop for the bipartisan consensus in the 90s that the internet was going to be different. This was during the clinton administration. A clear consensus, democrat and republican, but unlike earlier technologies the internet was going to be largely unregulated. Monday on the communicators, on cspan2. Next, David Cameron takes
O out. France is 1. 71 and italy is 2. 799 . Thats what you get for lend your money to the u. S. Government for ten years. How about those oil prices, though . Thats the story over the last couple of days as we watch iraq perhaps split into three different sections, civil war raging. There is a look at wti and brent crude as of this morning. Lets get to our road map this morning, as well. We start with the markets. A lot to contend with trying to regain ground. The cow hitting its second digit in iraq. Intel raises revenue guidance on stronger business, pc sales. The pc is not yet dead. Several firms raise their price targets in reaction to the news. And table for two, priceline to buy opentable, 2. 6 billion or 103 a share in cash. A significant premium over a stock that has been fading at 7 bucks a share is where it was. Lets talk oil prices. Lets talk the markets here to start off the show. They are moving higher. You sour worries about escalating violence in iraq. Militants have ca