Surevest CEO Robert Luna on how Facebook is planning to introduce its own cryptocurrency, Libra. Fox Business video
CNN’s John Defterios explains why oil and crude futures did not sustain a spike following the attack on an oil tanker in the Gulf of Oman when historically, volatility in the Strait of Hormuz would trigger a dramatic move in oil markets. CNN Business video
U.S. Government regulators have negotiated to split up oversight of Google, Facebook, Amazon and Apple, with the Department of Justice and Federal Trade Commission moving toward a new probe of Google, according to reporting by CNN’s Brian Fung.
… Congress, with support from Democrats and Republicans, will use its investigative power for a top-to-bottom review of the tech industry, and focus on the biggest companies . CNN Business video
Counselor to the President Kellyanne Conway speaks to reporters outside the White House on President Trump’s threat of tariffs against Mexico along with other issues. “”Tariffs are a good way to get a trading partner’s attention and apparently the president did.”
Full video here: https://www.c-span.org/video/?461323-… C-CPAN official video
If mobile payment apps became as popular in the U.S. as they are in China, banks would lose a projected $43 billion in revenue annually. Bloomberg QuickTake explains how cheap and easy payments by phone are threatening one of the banking industry’s most profitable businesses. Bloomberg official video