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This is tomas decks and he used to be a bank clerk now in his new home of china hes a star like. Almost x. And is an influencer he promotes German Companies online in china he spent the last 4 years living in shanghai watching how chinas digitalisation history in past that of germany. This includes payment one standbys as coffee but thats not all. Musty x. And uses apps to organize his entire life. 50 stuff with advice for instance i can use city service to check how much pension ill get Health Insurance parking tickets you can even pay your electricity your doctors bill how you can do just about anything in just one simple app i dont carry my wallet with me just my cell phone and you know but. And since this is now the case for most people in china even the poorest have switched to mobile payment this man is wearing his painted up coat around his neck. Did the digitalisa ....
Facebook, netflix all turning positive we are up 3 4 sorry, 2 3 on s p. Another higher day, certainly off session highs. Coming up on todays show. Great lineup uper facing fresh lawsuit from massachusetts over how it which was its drivers. Early investor bradley tusk has an idea that can help them avoid headaches and take on rival lyft hes going to join us to explain. Speaking of the pandemic, new Jersey Governor Phil Murphy will join us to discuss his states path forward, whether hes prepared for what the fall will bring in the northeast. Lets focus on two key stories meg tirrell with modernas vaccine news and Big Bank Earnings certainly better with Goldman Sachs. Meg, start us off with moderna. Hey, sara the full phase one trial results from the Covid Va ....
Territory. The nasdaq turned into the green the last few minutes. A lot of going on as always. Were waiting for update at this hour from the White House Coronavirus task force that update should come about hour a little more than that from now. Meantime lets get to the top stories as they develop on a monday. Fox Business Team coverage with Lauren Simonetti in the newsroom in new york, blake burman at white house for us. Hillary vaughn on capitol hill. Blake, we start with you. Reporter connell, melissa, the negotiations get nearly two trillion dollar package at going on the white house, treasury secretary steve mnuchin, negotiating with Top Democrats. One of the Top Democrats he is confident this will ....
Prepared. Once you have the nations credit they needed to change their behavior to reduce. Welcome to the program fears over the spreading corona virus a hammering markets around the world shares on wall street plunged on thursday triggering a stock in trading for the 2nd time this week the Dow Jones Industrial average was down more than 2000 points almost 9 percent shortly after the start of trading the selloff comes amid growing uncertainty over u. S. And global measures to contain the economic damage off the pandemic and follows the announcement of a travel ban to the u. S. And nearest tough trading sessions in asia and europe were. Investors of signal do sometimes function with stimulus measures so far. Lets talk to correspondent. Chelsea delaine. See how significant. Declines. Weve been talking a lot about some of the biggest stock selloff since the financial crisis were getting to the point where this selloff were seei ....