social media analytics or data mining is at it's simplest, a technique for searching for what is said about companies or products online and collating it into usable data. a very modern kind of market research. >>de besche: at the core of meltwater services they are built on the foundation of mining the internet for relevant content and conversations and making sure that businesses, our customers, find insight to make well informed decisions. >>reporter: meltwater drive and buzz is aiming to grow into a 100 million dollar business in the next 3 years. but to do so it has to process vast numbers of online conversations, which is a huge task. >>de besche: today we have around 200 million different sources into our solution, bringing in between 50 and 100 million conversations a day. >>reporter: but thanks to the rate of development of both software and hardware this is now achieveable. >>barwise: the scale of data mining is increasing all the time. the cost of, the unit cost of data mining is going down all the time. >>reporter: meaning the service is more affordable and giving companie

business analytics so in our practice. we cannot you know starting the record on iraq with more on liquids here following us . ok now with the us dollar and you wrote rates falling maybe we see a situation when the russians central bank has to devalue the ruble to keep russia's economy complaining. because frost was very difficult point then both u.s. dollar and euro well you know develop it in the time which are you know on one by one it's very difficult as a bet means that all the commodities but the prices of all the commodities will. arise probably once an article this is the first part of the second point. we. use the policy of inflation targeting and free floating of the. problem it's not the pure free floating but we are very close to it means we do not support this so that. the rate of exchange of the rubble not in nominal noise in real terms. means that we will not be in a position to devalue value of the currency this is very much dependent on the market market for service of the progression of the supply demand

business analytics so in our practice we cannot you know stanley cohen has more on the liquid sector. ok now with the u.s. dollar and you wrote rates falling maybe we see a situation when the russian central bank has to devalue the ruble to keep russia's economy compare. because first it's very difficult point then both because the euro you know develop it into time which are you know one by one it's very difficult or less and that means that all the commodities prices for the corn oil this will or will rise probably will rise dramatically this is the first but the second point. we. use the policy of inflation targeting and free floating of the. problem it's not the pure free floating but we are very close to me it means we do not support this so that. the rate of exchange of the rubble not in nominal noise in real terms. means that we will not be in a position to do very well you have become so this is very much dependent on the market. market for service of the correlation in the supply demand so believe in the market and we have to see the flexible. progress so strong ruble for you

business analytics so in practice. we did not you know focused on the tone of august more on liquidity and safety of. ok now with the u.s. dollar and you wrote rates falling maybe we see a situation when the russians central bank has to devalue the ruble to keep russia's economy competitive. because first it's very difficult point and both you and your you know develop it into time. and one by one it's it's very difficult on us and that means that all the commodities of the process of all the commodities will. arise probably rise dramatically this is the first point the second point. we. will pursue the policy of inflation targets and free floating of the. problem it's not the pure free floating but we are very close to it it means we do not support this so that. the rate of exchange of the rubble not in nominal nor in real terms. that we will not be in a position to devalue the value of the currency this is very much dependent on the market market for service of the correlation of the supply and demand so believe in m

joining us with some thoughts mark zandi chief economist at moody's analytics. >> mark. >> hi, susie. >> how do we put americans back to work? >> well, i think this will put the onus back on congress and the administration to do at least a few more things to try to help the job market the next 6-12 months. one would be to extend the current payroll-tax holiday which if there is no legislation will expire at the end of this year, so that's a likely thing they could do. there is also a suggestion of providing more help to state and local governments. as you know, as we see in today's job numbers a big chunk of the jobs lost is occurring at state and local governments under pressure and cutting jobs. we could take some of the pressure off them. there is another idea of cutting payroll taxes at least temporarily for employers to make it less expensive to go out and hire people. they're all ideas. i think some of those may come to fruition if the job market doesn't accelerate in the next few months. >> how much of a difference would those measures make? >> i think it would be helpful. i do

it also means there must be free of regulatory government influence as to the analytical substance. we believe it is critical that new regulations reserve the ability to make their own decisions without fear that those decisions would be second guest if the future does not turn out as anticipated or potential controversial view that will expose themselves to regulatory retaliation. pressures of that sort would undermine a significant progress we believe has been made over the years by rating agencies and regulators alike to provide the markets with transparent quality and generally independent views about the trade worthiness -- i thank you for the opportunity to participate in the hearing and i will be happy to answer any questions you may have. >> mr. rowan. >> good morning mr. chairman and members of the subcommittee. i am michael rowan, managing director of commercial group at moody's investors services. on behalf of my colleagues i thank you for the opportunity to participate in today's hearing and speak to you about moody's and the role credit rating agencies can play in the m

the concept here was to provide analytical recommendations that are not inherent in any of those. my request would be to give us more time to put together a comprehensive and streamlined recording requirements. not just another requirement based on those built up over the years. supervisor chiu: would one week be enough to provide information back to this committee? >> absolutely. supervisor wiener: 5 would be willing to put this item over for one week and consolidating some of the reporting requirements. supervisor mirkarimi: has there been analysis on overtime and those who commit -- elected at the same time? >> in the last round of bargaining with public safety, including police and sheriff in particular, particularly we look that up to a certain maximum. frankly, we look at the negative effect. individuals, it was like a self fulfilling prophecy. basically, when you start on a cycle where giving someone extra work, it has an exponential impact. it will be limited to 80 hours within one year. i do not know of that speech your question. that is the balance that we see. recently

it's part video game and analytical tool. it has tremendous potential to change the kind of technology we have at the border. everything from the low-tech chain link fence to the sensors they put in the ground to detect somebody walking on foot. >> reporter: the goal is to promote collaboration among teams to see problems from different perspectives. >> it's kind of like a football game. they are attempting to get to the goal line and they make decisions about when to hide and when to flee and run back. >> you can see how helicopters interact and how border agents interact and how officers actually at the entry. they are working at the scene how best protect the border. >> they were able to develop this in nine months and for under one million dollars. the video component were adapted from previous research done at sandyia. they can analyze their work and shape what kind of technology is needed. >> i don't think we're ever going to get to a point where we have a completely sealed border but we can maximize our ability. >> rep

. >> charlie: the analytical. >> tre's that, the analytical stuff.and then being able to dof that researcher it is u do and then throw it out the window, and then arrive onset and see who it is i'm looking at. because you never know what's going to happen. and to be too knowing i think is a downfall. being too prepared is a good thing. prepared, yes, knowing, there's a diflesence. >> charlie: prepared, it's like overprepared for a conversation with somebody. >> sure. >> charlie: preparation helps you know all the options you have too. the spontaneity enables you to have a confidence to go wherever you want to go. >> yes. i -- i believe that if you are as prepared as you can be and you've done the right sort of work, then when you get to the sortf scary place of oh my god what's going to happen, you sort of can't make a wrong move. >> charlie: great. you've done film, you' done lots of film, you've doneÑi broand now you're doing this series. before we talk about that, i asked you, were yñr at a place where you could choose and you said iÑi don't know but at leasi have a choice. >> yes. >> c

we want it to be a successful, strategic, analytical, and structurally-sound program that will make a difference to people. that is what we are doing. we are very excited. supervisor cohen: before we go, a question for you. commissioner maufas: thank you, ms. ford. i understand you have the implementation committee. are you working with the transitional-age youth? this was a task force. i think it has melted back into dcyf. are you working with them? >> we are working with them. commissioner maufas: you will have to come to the podium and state your name for the record. >> jacob moody, executive director, bayview hunters point foundation. as part of the 8010 group, i have a liaison with that group. it is separate from the steering committee, but we have a conversation going on. commissioner maufas: thank you. that is what i was looking for. that is good to know. thank you. >> good afternoon. supervisor cohen: you have to move the microphone closer to your mouth or speak up. thank you. >> i am kind of excited right now. i am a resident of district 10. i also happen to be a youth member

analytical software firm qlik dropped 10% after an analyst downgrade. and seattle genetics fell 7%. a government panel okayed its cancer drug, but with a stricter label. worries are that could limit sales. and that's tonight's "market focus." >> susie: back now to our top story, the debt talks! as those talks continue, some popular farm programs may be killed. cuts to agriculture spending have been talked about for months in congress. now the fate of a key piece of legislation could change life as american farmers know it. anna olson explains. >> reporter: life on a farm can be unpredictable, but there's one thing corn growers know for certain. they'll wake up before the sun rises, and work hard through the growing season. farmers also know they can count on uncle sam for subsidies when times get tough. at least, for now. >> we are trying to provide a reasonable, reliable, safe and affordable food supply for everybody in the united states. >> reporter: garry niemeyer is a third generation farmer from illinois and a vice president of the national corn growers association. he's fighti

one of the stylists are not merely deeply researched total analytic history, but you sprinkled throughthe book. i'm not sure quite what they're called in elements to remind me of the way john doe put together so many different elements. you call yours whatever of bike. these are just the passages that are scattered through the narrative. how did you come to the conclusion you want to put that kind of thing in their? and what is the purpose? and the past analogy is dead on. this is way off there should never be allowed to tell the council what they said. david said today it sounded a lot like my cat. >> yeah, that's where i got it from. the nike did not cross my mind. clearly, working back i do probably for the same reason with a big narratives. what i wanted to do is bring it down to daily life and burn it down to not just associates and the large, charles francis adler, the corporation. other rather transforms people in their daily lives. like any historian, i also found stuff in the archives that are too good to use. and he said nothing to do with the mainline. .. most of the time th

she's analytical, she figures out the problem, she figures out how to make it work, and then she executes. >> susie: executing some of those important decisions happens right here, in the dupont board room. as c.e.o. and chairman, kullman is the first woman ever to lead the company. >> so, here's the boardroom. now it's a daunting room to present in, if you can imagine. >> susie: very impressive boardroom. >> look at that. >> susie: wow. where do you... >> look at the size of the table. >> susie: where do you sit? >> i sit... i sit down here. >> susie: at the head of the table? >> at the head of the table. i guess i pay the bill. >> susie: but when you had your first board meeting, and you were running it as c.e.o., and you're sitting at the head of table, what did it feel like? >> a little scary. you know? ( laugh ) i was, like, wow, okay, here we are. >> susie: all right, so here, you're in this room with all of these portraits of former c.e.o.s of dupont. do you ever feel intimidated, like they're peering over you? >> of course. you always think they're looking over your shoulder, maki

business applications, and talking about financial customer relationships systems, purchasing, hr, web analytics, all the software business is used to automate their businesses. what you may not know is in the past 10 years, every business application software company which has gone public has been delivered as a cloud service. nobody does it in the new world the old way anymore. is all delivered as a cloud service. this ranges from -- many of you are in san francisco. you know who salesforce is. they have been a huge leader in this. even in the whole bay area. you have netsuite. as i said, nearly everyone. i will give you one example, which you all are probably familiar with, which you will think is an odd example, which is opentable. i'm guessing because san francisco is ground zero, right? on the one hand, you see an open table as a consumer application cloud service, right? you go on, reserve restaurant space, right? it is free. the other side is a business application. they are selling to restaurants. software to help them increase the number of people. that has happened really within the p

. >> when i went in, one part of my brain said the analytical part said this is rubbish. who cares? do i really know? and how come it's so expensive? >> anne is one of their portland customers. >> he's on a motorcycle trip through europe doing whatever he wants, now how cool is that first of all. and he goes to this little french roadside restaurant and i want the romance of this. i want that in my life. >> the stories and word of mouth made the salt a ne nom non. a new york branch was opened in 2010. and the bitterman's enthusiasm caught on not only with home cooks, but with professional chefs as well. >> mark has opened my eyes. how do i describe mark? i don't know. he's my fountain of youth. that's what mark is. >> this award winning chef owner of payee's place tossed out all of his supermarket salt after meeting mark. and he says his patrons immediately noticed the difference. >> the comments would come back saying what did you do? how did you change this? what happened? the only thing i can attribute to is the different salt we're using. they can't put their finger on it, but i

it's not nearly a deeply researched and compellingly told analytic narratives of history, but you sprinkledthrough the book, i'm not sure quite what to call them, elements that reminded me of the way others put together so many different elements in that famous u.s.a. trilogy. you call yours railroad life, or railroad lives, and dashed it which are just these passages that are scattered through the narrative itself. how did you come to the conclusion he wanted to put that kind of thing in there? and what is the purpose it is intended to serve for the rear? >> that analogy is dead on. this is so embarrassing. is what authors should never be allowed to give an account of what they did. david said it to me today. it sounds a lot like, and i said that's why god from. i loved him as a teenager to clearly lurking back there somewhere it existed and a deposit for the same reason he did. this is a big narrative. what i wanted to do is bring it down to daily life. what it wanted to do is bring it down to not just the associates, big corporations, but how the railroad transforms people in their daily

lives and the situation may be more dire than anyone realizes right now a new study from the movie analytics shows that nearly two out of every ten dollars that went into americans bank accounts last year came directly from the government in the form of payments like jobless benefits food stamps social security and disability benefits matter what the republicans want you to believe this type of government spending has not been the cause of our nation's deficit let's just lay it out what's happening right now first of all republicans are replaying the one nine hundred seventy nine jimmy carter playbook will get more of that just to say but to lay out you know where is this deficit coming from and how is it organized here is the a graphic with the tax cuts that would be your basic this is the this is the deficit projected out to twenty nine hundred years two thousand and eleven right here the yellow part here is the bush tax cuts this is this is where we'd be without the bush tax cuts the wars in iraq and afghanistan the impact of the great recession. and the recovery building things like that

jobless benefits food stamps social security and disability that's according to a report by moody's analytics so what happens when steyn federal benefits run out by the end of this year could be a pretty dire situation joining me from more from our new york studio is economist and radio host richard wells hey there richard you know here in washington there is so much back and forth talk about what's best for the economic health of this country but the bottom line is real americans are going to be affected by whatever the decision is i guess i want to start out by asking you how you interpret by what we're seeing with all this conversation over the debt ceiling and what needs to change there. well i think to be brutally honest that neither side neither the president of democrats nor the republicans are facing the basic issues of this economy we are in serious trouble we have very high and persistent unemployment and what we are doing is arguing over the technicalities of the debt limit ceiling that is going to be changed and raised as it has been every other time this theatrical drama has been

that stir serve state employees are losing customers forcing them to shut down as well and moody's analytics even estimate that two weeks without the government working will kill sixty million dollars it would normally be pushed into the economy it's a good reminder the shutdown doesn't just affect government workers it affects everybody the concept is simple now that minnesota's government has reached a new record for the longest state shut down ever on people are cringing because frankly there's just no end in sight yet and this is just one state just one example can you imagine if something like this happened on a federal level oh boy that's right it almost did earlier this year but now congress is battling it out over raising the debt ceiling and risking a default default will look a lot worse than what's going on in minnesota. well it's being called rupert murdoch's watergate it all began last week with milly dowler a girl who had gone missing it was later found murdered by his cell phone and murdoch owned news of the world he reportedly hacked then more information came out of the happ

he went left. [ talking over each other ] >> sean: we lost the analytical. >> why do you keep sayinglking over each other ] >> i'm not talking about the guy that mows your lawn. i'm talking companies that hire people. you say why are you hoarding cash? we are afraid of what is coming out of washington. >> i'll make this real. i talked to a guy today in new orleans who has a big marina. he is telling me now when he makes a profit he puts it back into his company. he creates jobs. and he creates people that pay taxes. and as for the corporate jet deal. he uses -- [ talking over each other ] >> he uses a corporate jet to fly his crew so they can fix things -- [ talking over each other ] >> i think that is great. >> working-class guys build those corporate jets. >> i understand that. >> sean: hang on a second. i worked in restaurants since i'm 12-years-old. i've worked in every business in the construction industry. i never got higher boyd a poor person. to bill a -- hired by a poor person. to build a jet, geld, showers, office, bed, nice seats the hydraulics, electrical, plumbing, the c