tiktok. thatow we are hearing thiller. and of 49 fortnite, apple says it is terminated ebix developer account. developer account. a lot going on. the fed, the prime and a strut japan stepping down. earnings. the ending of the republican national convention. walk us through what has impacted the day. so much and all of it ended in record high for the nasdaq and s&p 500, investors encouraged by the fed latest policy shift, the idea that perhaps it is re-inflationary in nature, stocks respond in kind. apple, this is interesting, over the last two days apple is underperforming, down the last two days 1%, closing a little as were mentioning now, terminating the epic caliber account in the midst of the developer account went epic refuses to pay the 30% fee. that apple is standing up for that along with alphabet shows they are forcing developers to comply with roles. it will be interest rules. i m not sure how this would impact the bottom line for apple but it must not be al
tonight to gain support in a state he barely lost in 2016. we ll bring you any breaking comment from the president on china trade and everything else, if and when he stops and talks to reporters on the white house south lawn. millions in the dark in california. power outages extending for a second day. the reason behind what seems like a drastic measure. maybe if there is a better solution. a new red flag for social security. the new numbers that have critics sounding the alarm. melissa: fox business team coverage. edward lawrence at the office of the u.s. trade representative in washington. gerri willis on the floor of the new york stock exchange. let s kick it off with edward. reporter: melissa, i m looking over my shoulder any minute that door will open. treasury secretary steve mnuchin has come out of there already. appears the talks are wrapping up for the day. there is a lot of movement, the chinese trade team will be leaving here. this is this round of face-to-face
cover up robert e lee and stonewall jackson, after anger fueled public debate in the wake of violence earlier this month. president trump has arrived in arizona for a campaign style rally. it is a stronghold of trump supporters, but the republican senators have been outspoken critics. protests are expected near the rally. in the meantime, press secretary sarah sanders says the president will not pardon joe arpaio. global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. i m emma chandra. this is bloomberg. bloomberg technology, is next. emily: i m emily chang and this is bloomberg technology. coming up, bloomberg gets this scoop on apple s highly anticipated 10th anniversary handset. plus, mark cuban slips on bitcoin after calling the digital currency a bubble. the outspoken skeptic is now a believer. our digital currency is becoming a mainstream investment? facebook is losing teenage friends. a new report says more of th
experience with i.t. was that it was boondoggle after boondoggle and a tremendous waste of taxpayers money spent on incompetent private contractors who never seem to be able to get things right. and i m wondering if you could comment and perhaps it s better now, and what impact this has on the current sense of trust among public officials regarding their sure. so i would say the failures are just as bad or worse in terms of government contracting, i.t., healthcare.gov and the electronic records archive, expensive year-long projects that largely failed, with healthcare.gov until it was rescued, big, massive failures. what s changing is there are a number of people that have identified tractable, fixable problems with the contracting and the i.t. contracting system, and so if you look at the u.s. digital service or at 18-f, these are new government-led groups of people that are trying to change the way the government buys technology and to change the way the government bui
office confirming they have found the body of a baby. there s no official confirmation whether or not it s that of justice rees the newborn boy who disappeared with his mom. but we know his family believes this is the case. they are on the scene, being comforted by a police chaplain. a a yolo sheriff marine patrol found the baby next to the town of knight s landing, which is north of woodland where the boy lived with his mother. this has been provided by our own jodi hernandez. this is located where searchers had been looking all night. the yolo county sheriff s office is not calling them a homicide right now, just a death investigation. a captain with the sheriff s office saying quote, this is something you just can t wrap your mind around. now, the family reported the boy and his mother reporting missing yesterday. the sacramento bee reports in the evening, the boy s mother 23-year-old samantha green, who you can see on the screen called 911 in a panic. law enforcement foun