that is how we store data, maintain data, access our devices, but the fact that there are other funds and shows this issue is going to grow, but in every single one of those cases the same as if we were going to go into someone's house and look at documents, we craft a report request, narrowly tailor it, only look at what the law will allow us to look at. we go to the companies to help is voluntarily. if they feel they cannot do that, we go to court and get some help deciding that issue. emily: what does a compromise look like to you? how does this play out? it is about more than one phone. >> it is about how we access evidence anywhere, and we are applying the same principles as if we were trying to go into a home and look and to some papers. -- look into some papers. in this case it's important to note that the customer, the actual customer of the phone that is it issue, is the one that has requested help. resolve this is for apple to work with its own customer and work out a way to resolve this issue. is not havingmise access to information is a curate he issue, but aren't companie

little bits of data that have been negative. that shows confidence coming back in investors' eyes and the chinese authorities' ability to stick to their aim. a developing story out of asia this morning. just hours after the u.n. security council slapped new sanctions on north korea. south korea is accusing the north of a new provocation. south korea's defense ministry says north korea fired several short-range projectiles into the sea. the sanctions on pyongyang are the toughests in 20 years and came in reaction to the north's recent nuclear test and long-range rocket launch. >>> let's give you a picture of what europe is doing in the early trade right now. also a mixed picture. the euro just turned higher. it was weaker overnight. it is now stronger against the u.s. dollar. what you're seeing is fractional declines. actually, the dax is pretty much flat over in germany. so is the french market. the ftse 100 with a gain, same with italy. you mentioned china and the upbeat mood and upbeat tone. copper is actually at a three-month

, how much data that they're responsible for? >> guest: well, there's a study that just came out by the former privacy czar in the clinton white house, peter swiefer swire, with some other colleagues of his at georgia tech which showed that the majority of internet traffic by the end of this year is going to be encrypted. so that all the content of that, of those communications will not be visible to the isp. on the other hand, an operating system provider would see that traffic unencrypted and so, actually, would have more information than the usp would. further -- isp would. furthermore, we're no longer in a world where people access the internet i via only their home isp. the average consumer uses 6.1 devices to connect to the internet, bizarrely, and most consumers are using 3-5 different internet access providers to connect to the internet every day. the single home isp, for example, does not have a unique view of a huge amount of user activity. and if you consider, and think about it, if you take your smartphone and you con

. >> we have set out the objective at the outset of the campaign to run the most data-driven, data-analytic campaign in the history of politics. >> obama did that both times he ran. >> the obama campaign had a secret weapon it used to defeat mitt romney, a highly technical sophisticated data mining operation. >> beyond anything that modern political campaigns have seen. >> the campaign manager for the obama campaign said the biggest institutional advantage they had over the romney campaign was its use of data. >> emily eakin studies how data influences politics. >> many republican insiders tended to be very exclusive and a little bit close-minded when it came to using new methodologies. however, after 2012, that changed. >> they are a super bowl team we ought to respect deeply. >> the obama campaign tested everything. they said they conducted more than 500 different experiments on their website. when they had a picture of president obama with an inspirational quote, they raised significantly more money than when they had the same page, but just a picture of obama. >> obama's data operation

data only. they include unlimited texting but no actual voice service. the plans range from $20 a month for two gigabytes of data to $95 a month for 22 gigabytes, which is true, i rarely use my phone, though i like that capability of having it in case you need it. >> presumably that plan would still allow you to make a phone call through whatsapp or skype. >> that is just like way, way too cool for me. >> you've never used skype? >> i don't use skype. >> you've never used any of these programs? >> i also live in the country where i'm from. >> you'd still be able to make calls. it's just down a different app. >> good point. >>> still to come, some tense moments at the u.s. capitol building after a gunman faces off with police. we have the latest on the story from washington. >>> plus, it was on this day in 1999 the dow reached a new milestone, closing above the 10,000 mark for the first time. it took the dow just about a year to go from 9,000 to 10,000. it's now well back above 17,000. but furs a

mean while, we have to keep in mind the data we've been getting out of data this morning. with the export data missing expectations and falling by 25.4%. that would be in u.s. dollar terms. now, imports also disappointed, dropping 13.8%. this of course key as we look at expectations for the government trying to transition the economy to a more services consumption led economy as well. let's get more reaction on the data and the broader market reaction in asia. sri is standing by in singapore with the latest. >> hi there, nancy. let me just bookend the conversation on the chinese data. whichever way you slice it, this was a very, very down beat number, both on the external side and import side. that speaks volumes about the sluggish pace of economic activity still within the mainland's domestic economy. so the markets looked at this and took these numbers at face value, which surprised me a little bit because the february data set is usually distorted typically by the seasonal numbers, but the associated with the chinese new year holiday. did a pretty good job of shrugging

acrosss companies manage data centers. tomorrow, the persian gulf airline emirates will capture the title "the world's l ongest flight." the record won't last long. the face-off between apple and the fbi moved to the capital today -- to capitol hill today. earlier, james comey told congress this issue is not necessarily by gaining a backdoor. director comey: there are issues about backdoors. there is already a door on that i found. we are asking -- on that iphone. we are asking apple take the guard dogs off so we can pick the lock. vonnie: so where does the fight go next? let's ask matt larson. he is our legal analyst in washington, d.c. what do you make of the fbi director's performance? : there were some interesting comments during today's hearing. the fbi towing the line between cyber security protection and procuring warrants for law enforcement. the early part of the hearing show that congress is concerned about the impact on the tech community and legal precedent moving forward, which is really what the major concern

this is a question related to data. data hadhat does the and -- mr. chopa: i don't have that off the top of my head but my understanding is that some of the survey data suggests that minorities, particularly african-americans, borrow at higher rates and more. the percentage of people borrowing and the average level of borrowing is higher. that being said, my understanding is there is not a similar framework like there is have muchges where we more granular information on how much people are borrowing and low level data by race, ethnicity, and some other. as i understand, that is not in the facile. ms. dynarski: there is a long history of racial redlining and so forth and because of that, there are requirements that race is included in mortgage applications. the data i was describing to you that gave the inside we now have come from the administrative data that the department of education has on student loans, which includes the fasfa. if you remember filling that out, there is no room for race. what you can say is you can try to piece it together. loo

data base committee. we do have an mou still going back and forth to the city attorney's office. we eventually that data, it's a shared data base within each district. juvenile probation. there are triggers, each of the institutions of certain triggers that will red flag when a family and individual triggers that agency and support. or triggers is one of the indicated in attendance. when a student is 10%, that student will be red flagged and we'll alert the other agencies . we are not using it yet. we are still meeting. this has been years and years in meeting but we are on the homestretch and we'll address that soon. >> let me press on this one a little bit now. the homestretch is around the block? >> i don't know. your guess is as good as mine. >> what are the barriers at this point? is there something we can do from this seat? >> i really don't know. it's language. >> i'm sitting here and i have heard similar discussions years ago and i'm, you know, you are frustrated, i'm frustrated. frustration by it

phone data has become sensitive since many of the attackers used phones with encrypted data.n the wake of the charlie hebdo , the chief prosecutor wrote in the new york times an open letter urging apple and google and other smartphone makers to give better access to data during a terrorist investigation. since then, we had the attacks in paris that killed 130 people. that made this problem even more urgent. admittedly, after the november attacks, the government crafted an anti-terrorism bill. will be included in this bigger bill. penaltiess new targeting directly smartphone to 350,000tives, up fines,nearly $400,000 in and up to five years in jail. this has been approved by the lower house and will go to the senate. the french government is expecting a final vote in the next couple of months. i do want to talk more about this with our panel of experts. ler,ing us, tara mul research fellow at new america. , who worked at the department of defense and nsa, a covers apple who for us. you were in paris, reporting on the attacks. what do you make on this latest twist in the french

the data dependent, some of the data and market action, it would be difficult. francine: the counter argument is that they lose a window of opportunity. theney do not hike soon, depending on who gets into the white house, it may be or difficult. warren: they would like to do more this year, but until the data comes out more positive, it could give them some help. i would be very surprised if they would tight right away. jon: i want to take to the markets very quickly. treasuries are heading for a third week of losses. i still have a two-year with an 82-basis point yield. do you expect yields to be pinned down at the front end still? tom: we do. over the last stronger data points, the yields have ears and -- the yields have risen. i think there are enough global stresses where he keeps a ceiling over treasuries at this point. i would go back to something that -- i think it is an important point. the fed has changed the narrative. i do not want to beat up too much on them because they have tried. people have to get comfortable with the notion that this is not a ti

encrypted data. french lawmakers are backing a bill that would put execs in jail for five years if they do not comply. in addition, every other person who refuses to share information related to an investigation could face fines and jail time. the government aims for a final vote in coming months. our paris correspondent has been following the story for us. caroline: france had no less than three terrorist attacks in 2015. the question of access to phone data has become sensitive since many of the attackers used phones with encrypted data. already, in the wake of the charlie hebdo attack a year ago, the chief prosecutor wrote in the new york times an open letter urging apple and google and other smartphone makers to give better access to data during a terrorist investigation. since then, we had the attacks in paris that killed 130 people. that made this problem even more urgent. admittedly, after the november attacks, the government crafted an anti-terrorism bill. this amendment will be included in t

so it's a lot of data. it's all very useful data.t's, in fact, gold-plated data in terms of campaigns and where they might win and lose. but it's hard to compile. it's a data problem. and when you have a data problem like that, a technical, logistical problem like that, what happens in that sort of circumstance, particularly in politics, you spark a new industry. so there a tiny industry of companies that have formed and compete with one another to compile this hard to aggregate data. and then to keep it updated. one of those organizations that does that is called target smart. since 2012, target smart has partnered with the democratic national committee to distribute data to democratic candidates campaigning all over the country. similar organizations work on the republican side to do the exact same thing. if you really want to know what's going to happen in an election, this type of information, based on real information about real individual voters, it is -- yeah, hard to aggregate and kind of hard to get your hands on if you're n

of the data? and so now you're calling into question the accuracy of what you're looking at. you look at the financial sector. it is fundamentally premised on the idea of trust. i can believe that the literally thousands of financial transactions that are occurring globally at any one minute across the global financial infrastructure, that you can trust that the data you're seeing reflects the accuracy and reality of the flow of currency and money. what happens if that's not the case? what happens if that trust goes away? boy, that drives you to a very different potential -- >> rose: thrown into disarray. ight. and as a military individual, i'm used to the idea that i can take a look at a visual display, use geography, color, and make decisions on how to respond and minimize risk. what happens if the picture i'm looking at doesn't reflect accuracy or ground truth and, instead, the choices i make, instead of minimizing risk and deescalating a situation potentially could in fact be doing quite the o

calea is about data in motion. this is about data at rest. also think this is the kind of thing judges do tp take acts of congress and try to understand. what does it mean? especially given changing circumstances. i expect it will be bumpy. lots of lawyers paid for lots of hours of work. but the courts will have an understanding of its reach. >> if the fbi is successful in requiring app tole to unlock th phone, that won't be a one-time request, correct? >> the issue of locked phone, certainly not. it's become a -- >> it will set a precedent for other questions from the federal bureau of investigation and any other law enforcement agency to seek the same assistance in many, many, many other cases. >> sure. potentially. because any decision of a court about a matter is potentially useful to other courts which is what a precedent is. i happen to think that having talked to experts, there are technical limitations to how useful this particular san bernardino technique will be, given how the phones have changed. but sure, other courts, other prose

introducing the best data plan ever!et three lines of unlimited 4g lte data for just fifty bucks each, and get a fourth line, free! yup!-we'll give you a fourth line at no extra cost. so tell those other guys you're done worrying about data. get three lines of unlimited data for fifty bucks each, and a fourth line on us. hurry, only at t-mobile. we need to be ready for my name's scott strenfel and r i'm a meteorologist at pg&e. we make sure that our crews as well as our customers are prepared to how weather may impact their energy. so every single day we're monitoring the weather, and when storm events arise our forecast get crews out ahead of the storm to minimize any outages. during storm season we want our customers to be ready and stay safe. learn how you can be prepared at pge.com/beprepared. together, we're building a better california. [cheers and applause] . >> larry: welcome back. this year we're on track to have the first female presidential nominee and there's more women in certain jobs and with us is the "the

whose data is stored in the chinese cloud? is a my data stored as well? is a limited to chinese people? >> live should be clear with respect to personal data of this individual data himself has been registered as a chinese address. but in addition we have other data that has to do with film content or movies or write tunes. and then to bring the data there is a lag time as a move that closer did provide a much better service to our customers. >> what was the cost of a ballpark figure to prove that information to the cloud? >> cost and time. >> and don't have the number four that. but in terms of the time once the server exist in very it is instantaneous. >> was a prosecutor for a while we are focused on the crime concerned to get her hands on anything we can to see justice is served. to talk about privacy issues and to to what extent if you would change your mind working at the fbi? what does that mean to our privacy? period we have plateresque the tool we are asked to prepare could be used to defeat the privacy. >> plenty get this clear and there are man

have access without our consent if there's a reason to know according to those holding our data. they're not going to ask us whether that data can be shared because hipaa allows it to be shared without patient consent. >> do they make the patient aware it's going to be shared? >> here's what happens at the doctor's office. oftentimes when you come into the office the clinic hands you a form and says this is the hipaa form or hand you a consent form and there it will say i have acknowledged that i have received the notice of privacy practices. it's a deception. people talk about it as though it's a privacy form. it's a disclosure form, really. secondly, you don't have to sign this. it doesn't matter if you sign it or not, your data will get shared. 22 members of congress or their staff when we were in washington d.c. when i said what does it mean when you sign that form two a person, they said it means that my information is between me and my doctor. but that is not true. that is the deception that the american public has heard because they keep hearing the words privacy. even the

data base committee. we do have an mou still going back and forth to the city attorney's office. we eventually that data, it's a shared data base within each district. juvenile probation. there are triggers, each of the institutions of certain triggers that will red flag when a family and individual triggers that agency and support. or triggers is one of the indicated in attendance. when a student is 10%, that student will be red flagged and we'll alert the other agencies . we are not using it yet. we are still meeting. this has been years and years in meeting but we are on the homestretch and we'll address that soon. >> let me press on this one a little bit now. the homestretch is around the block? >> i don't know. your guess is as good as mine. >> what are the barriers at this point? is there something we can do from this seat? >> i really don't know. it's language. >> i'm sitting here and i have heard similar discussions years ago and i'm, you know, you are frustrated, i'm frustrated. frustration by it

i think it's about 65% of the data is unencrypted. that is talking about the content of what is just as significant and revealing and it is the information of what site you went to and how long you were there and sort of tracking the types of sites that you visit and then having targeted those on the basis of that information. it is correct that the current rules were from the world of telephones and they were not adequate and they really do not correctly categorize the kinds of information that should come under the privacy rule is with broadband access providers and that is what this rulemaking is all about. trying to figure out which things, what is known as cpni, customer proprietary network information, the data of someone plugging into your network. the idea is that you should not be able to use that data for purposes other than completing the network transaction unless the person gives permission for that to happen and that is the way it works in the telephone world and it should work the same way in the broadband internet acce

the power of big data analytics over the last few years makes massive amounts of data very attractiveso go back over the last 12 to 18 months, you have seen anthem, one of the largest health insurance companies in the net it states and a traded. you have seen opm penetrated. charlie: do we know who did that? adm. rogers: not that i will publicly talk about. charlie: but you know? adm. rogers: not that i will publicly talk about. but you seen this massive publication. >> pulling large amounts out. charlie: the argument was somehow that if you knew that information about somebody who might be of interest to you that it would give you the possibility of pressure and manipulation? >> those are some of the options that you have to stop and think about. >> and also the capacity to see if anyone is part of euro national security? adm. rogers: right. charlie: it is beginning to be a more difficult world. >> and it is only going to get more complicated. it will generate massive opportunity for us, it will bring increased ease of day-to-day life. but it is a bit of a double-edged sword. the inc

first data, data, i hear you talk about data. we are all about data. we conduct and assessment, behavioral, data analysis. we do not take subjective statements. when we go to the sites, we want data. we want numbers. we supervise the intervention to target adoption of dysfunctional behavior and increase this. we train to carry out ethical and intervention based on research and evidence base. we team up. so we don't work in isolation. how can behavioral analyst for example suspension, expulsion, disciplinary. we focus on environment of valuable. we focus on objectivity. when we are holding it to see a case, we look at environment. we look at those barriers. basically limiting our students' success. after that, we look at create a plant like behavioral intervention plan to targeting to actually eliminate by behavior support by using the framework, by using positive enforcement. here, that's why you see this. i like to see this way. our multi-tier system of support. we are just keeping everything together, right. which basically is our work. we take that

data of note.nvestors will get the first chance to react to that today. we had fourth quarter gdp figures, on friday, the markets were closed. q-4 gdp increased 1.4%. strong consumer spending was a key factor. >> but weak corporate profits was the low point which a lot of people were focused on. down a little more than 7% if you take out special factors which is still one of the worst reads for corporate profits since the great recession. can they bounce back in the first quarter. new fed speak to tell you about. san francisco fed president john williams says the u.s. economy in his words is doing quite well. he points to stabilization. strong employment growth. williams suggesting that global development actually preventing the u.s. from returning to normalized interest rates. have a listen. >> we understand that we're in the global economy. global financial system, so what happens in brazil or china, what happens in southeast asia or south america has major impact on the u.s. economy in terms of

the data breaking out of the eurozone. we did the composite market eurozone pmi data. the february number a little better than surveyed. the survey number 53.0. that is a service line, composite line. better than anticipated. good news for mario draghi. we're also getting audi coming through. the 2015 profit fallen by 6.1%. it sees moderate unit sales growth. read through and see what i can see in terms of details. expenses in terms of the technicals for audi, a little bit ahead of expectations. and as you can see there is the audi webcast. and we'll continue to monitor what is said. this is vw's luxury division. what will the read across before mercedes and bmw? those guys report in a few weeks' time. let's check in the european equities. the rally starting to fade a little bit. un surprising after we seen such a decent move to the upside. a decent move in equities over the last couple weeks. the euro stoxx 50 under down by .5%. let's get you caught up on all the news you need to know. more evidence of a china slow down this morning. the priced in composite output ind

in asia, there was some fundamental data that was disappointing, in particular chinese export data.ugh, bear in mind the chinese lunar new year did dwarf the day thta a little bit. >> the currency strength, that helped them a little. >> it did indeed. >> god gol man sachs oald man sa new report today. the team suggests those factors have driven what they say is a premature surge in commodities prices. that is absolutely not sustainable. the firm maintaining its bearish view on gold. it keeps its near-term copper price target of 4500. as for iron ore, which saw a record jump yesterday, goldman prep dictatorships that rally will likely prove temporary, so it is maintaining an end of year target of $35. on oil, goldman's near-term view is for a pretty much trendless market with substantial volatility between $40 per barrel and $20 per barrel. the firm has a bullish end of year call here on energy saying oil will rebalance and create a deficit by year end. but goldman cautions a so-called green shoot of a deficit alone is not sustainable for a narcotimarket. they also say chinese demand

they are globally data dependent. wt extent are we going to be looking at every global pmi report, specially those out of china, for us to determine when the next rate hike will be? normally the fed talks about risk to the u.s. economy, now they're talking about global risks. the fed has taken on the role of being the worlds and central banker they were the first to move in 2008. everybody had to follow suit. they recalibrated the global economy another force to play by the rules they set in the midst of the financial crisis with externally easy monetary policy. >> we have this dovish statement from the fed, stimulus from the ecb. has mentioned that the vix fallen quite a lot on that. i want to bring the chart up on the terminal of the vix curve p review can see where it has moved in the past day. take a look at where was just yesterday. a lot higher at the front end. does this mean we will see a big rally in risk assets? >> i think we seen a significant rally and risk assets. the you are seeing today is fed ease poli

the economic data, the earnings data. i think this rally can only be sustained if we do continue to see improvement. so not only central-bank talk. the dollar.ome, and oil, if it called quite a bit. what is your call for the dollar and oil prices? gabriela: it is always tough to know in the short-term, right? for oil prices, we found bottom $25-$30 range. but i think we have got into a bit of a ceiling here. fundamentally, production is not coming down very quickly in the u.s.. we still have that supply issue. a bit, pricesde to remain a little more stable, ofch is helpful in and up -- itself. when it comes to the dollar, it is a hard call, especially with such a dovish said. the two main very bold that were so negative last are, really turning around this year. so you have the dollar and oil finding footing, a huge -- annd it is already astounding degree. gabriela: we have seen markets outperforming this year. on the back of that, dollar weakness in the commodities. from this point forward, we run out of steam a little w

the economic data are showing some effect.cial markets have certainly priced some of the story in, i'd argue. the pound has come down. it's come back down, and so there has been some degree of erosion. when i look at the next few months, are we at the beginning of a process? does growth slow into it? how do we work our way through the next three months? are people saying, as the closer to it, the potential to get worse or better is there? >> it's hard to tell, but we are seeing investment surveys as we go along. surveys, a good barometer of business sentiment that may have been due to financial market volatility, or fears of the referendum. they will be interesting to see pmi next week, if they rebound. therey rebound, maybe will be a financial market shock rather than a continued worry. the growth data have been weaker. it's slowing, but at the moment it doesn't look to be too bad. guy: right. >> as a cfo, why would you make any decisions in the run-up to referendum? guy: you have to make the decision -- >> you don't need to

what i'm going to say here is based on the analysis of that data. what does the data say? they say you should erase from your mind -- if you are thinking of who the face of the student debt crisis is, you should erase it from your mind the image of a yale graduate or n.y.u. graduate graduate or even an um graduate. everyone who graduate with a ba is relatively likely to default. people who graduate have a low default rates. the default rate to drop in the schools selectivity. the more selective the school is, the lower the rate of default. for schools like um and harvard and columbia, about 5% is what the default is. that is what it was before the recession, during. people who graduate from elite schools are pretty well buffered from economic disstress. not everybody, but we're talking about averages and tendencies. so you should also not think of folks who are going to graduate chool. people who graduate -- i know you don't like debt but it is whether it is the face of the country. everyone would rather have stuff free than pay for it. that is an economic principle. [laug

that's how we store data. that's how we maintain data. that's how we access through devices.act that there are other phones just shows that in fact, this issue will grow, but in every single one of those cases, the same way we can look at someone's health and documents, we craft a request for support, we narrowly tailor it. we only want to look at what the law will allow us to look at. case, if a other third party can provide assistance, apple in this case, we go to them and first we ask them to help us voluntarily. if they feel we can't -- they can't do that, we say, let's go to court and get help in deciding the issue. emily: what does a copper mines look like to you and how does this play out? one phone. more than >> phones have become so ubiquitous. it really is about, how do we access evidence anywhere? we're applying the same principles if we were trying to go into a home and look at a to be go to a court and say there is evidence that we need and here is where it is located. is reallyse, it important to note that the customer, the actual customer of the phone that is a

data base committee. we do have an mou still going back and forth to the city attorney's office. we eventually that data, it's a shared data base within each district. juvenile probation. there are triggers, each of the institutions of certain triggers that will red flag when a family and individual triggers that

a phishing e-mail scam forcing the data storage firm to disclose employee data including tax informationsalaries and even social security numbers. in a statement seagate telling cnbc data for all current and former workers was sent to an unauthorized third party last week. it doesn't believe the information has been misused but notified the irs. the company is offering employees two years of identity theft protection. >>> stocks to watch, starboard value pushing for change at yahoo! is looking to gain control of yahoo!'s board. yahoo! down a half percent. united airlines announcing it's president and ceo will return to the position full time, he suffered a heart attack and has been on medical leave. >>> a filing revealing that carl icahn has trimmed his position in mental graphics, he owns 5.5% of the shares. >>> and british american tobacco may be eyeing a takeover of reynolds america. monsanto threatening to pull cotton technology from india. and marvell technology group reportedly opened to selling itself. avago technologies is mentioned as a potential buyer. >>> coming up, a live rep

we use data to do profiling.omething that could be done in the past when you could only be a person face to face and ask them a few questions and say you are a good person. we are now digitizing it and making it -- rishaad: what do you actually look at on someone's phone? simon: behavior, what you do with it. , that has to do with it. i can give you examples. what we have analyzed is that people who apply for loans at certain hours, i can play a specifics. certain hours -- rishaad: 2:00 a.m. is probably not a good time. [laughter] how often do you use your phone frequency, the duration kong, wego into hong look at addresses. small caps, large caps. all this behavior will point to whether you are a good or bad borrower. rishaad: but it is pretty intrusive. we have had this privacy about going on. this seems like the app to be looking at exactly what i'm doing in my entirety. simon: we have said there is 100% customer authorization. we ask authorization from the customers a few times. rishaad: but you've never had

data base committee. we do have an mou still going back and forth to the city attorney's office. we eventually that data, it's a shared data base within each district. juvenile probation. there are triggers, each of the institutions of certain triggers that will red flag when a family and individual triggers that agency and support. or triggers is one of the indicated in attendance. when a student is 10%, that student will be red flagged and we'll alert the other agencies . we are not using it yet. we are still meeting. this has been years and years in meeting but we are on the homestretch and we'll address that soon. >> let me press on this one a little bit now. the homestretch is around the block? >> i don't know. your guess is as good as mine. >> what are the barriers at this point? is there something we can do from this seat? >> i really don't know. it's language. >> i'm sitting here and i have heard similar discussions years ago and i'm, you know, you are frustrated, i'm frustrated. frustration by it

what does the data say about the state of the housing market? >> reporter: well, it says it's coming back very slowly, sue, but in fits and starts as you said. you point to the west, we have to remember this is february so there are going to be weather impacts of course. these are signed contracts that the commerce department is closining, not g. so folks who are actually out shopping in february, but remember, the vast majority of new homes are built in the west and in the south. so the data in the northeast and the midwest is going to be very volatile, especially this time of year. one thing we have to remember is that as we come up very slowly in the newly built home market, we are still 27% lower in sales than the 30-year average and that doesn't even account for population growth, sue. >> what is locking down people from moving up or trading up? >> reporter: prices. i mean, people are just very worried about can they sell at enough to get to that net move-up home? in fact, a lot of real estate agents are saying, well, we need more homes on

and gives data to us.ecause we want to investigate a known terrorist to is obviously very bad guy. terrorist who was obviously a very bad guy. charlie: they say it is one time only and we are not trying to open the back door. we have a problem with how people interpret keywords. back door. one-time-only. precedent. max: unfortunately, the reality is that this is a complex issue. people very often do not understand the subtleties and conflate the two issues. this is a precedent and legal issue that apple and fbi are now duking out. charlie: why is that true? max: the software can be built. apple does not have it, they can sit down and held it. it will be complex, it may be a burden, but they can do it. tim cook is saying, if the fbi can compel me to build software that basically opens up the phones of my customers, they will not stop. charlie: so apple says, we can build the software to open the phone. the fbi says, ok, open it but then destroy the software. we are not asking you to do anything else with it

data is the raw material of the information age. so in a very high cost labor market like the united states, all we can really viably create are knowledge - -based industries. wherever we are, we have to figure out what are the knowledge products, what are the things we can do with data to constitute the products and services of the future. >> fundamentally who is at risk? you've been able to outline areas of training where they will flourish because of this new age and others that will entirely disappear and some of them are not intuitive. if someone is watching this and they have a high school age child what should they be thinking about? >> don't send them to law school first of all. the repetitive thousand dollar an hour highest paid lawyer sort of the consigliere, her job will be 79. but the work that my father did, that will be replaced by artificial intelg. >> a very small proportion of the lawyers out there. >> very spall. anything contractual, things that are repetitive in nature are going to be largely eliminated. let's fo

i have a data scientist looking for data sets. now the data is good enough that you can foresee disease or famine. the next step is getting good enough to tell analyst to look here and look at this connection. those are the things personally i am excited about at the nic now by way of tools. >> second row here. >> thank you. andy stewart, travel app. i would like to throw out two solve questions. does the nic have different strategic views and assumptions from putin? we have two different strategies. do you have insight that is driving our thinking being different from his and the gamble that follows? and more critically maybe what can we do to incentvise the sunni arabs to go with us and dump isil? seems like we have are having a hard time. >> those are more policy questions than intelligence questions. let me talk about the putin piece. i don't have much to add to what i had earlier. putin is obviously, i think, at this point relatively pleased with ukraine turned out. he pushed ukraine westward into things he didn't want to. so

what is the data?hat's the next data that they're going to be looking at as the fed -- >> one other point, though. stephanie's concern and interest in consumers. the savings rate went up to 5.4%. so consumers still have the means to spend. it's not like they ain't spending because they ain't got the money. they do have some money. they do have the income, the savings from gas. what they're not doing is spending and that reduces growth overall. >> they're choosy. they are buying what they want to buy. some retailers, they're getting the sales. or if you look at the airlines, they're crowded and getting pricing. they have the pricing power. the cruise lines doing well. carnival on wednesday this week, is going to be very, very telling. look at ath leisure. nike. i guess my point is, we can't just write off the consumer. they're being good at what they're doing, saving and spending. >> you can make a connection between the stock market and people increasing savings rates. they weren't comfortable with the

data, plenty of it as well. italian manufacturing data, french manufacturing, german unemployment. know you are paying attention to that one. hans: we have some german data following the chinese factor gauge. it has fallen for a record straight seven months. a measure of services dropped to the weakest in seven years. it underscores the challenges for policymakers. they need to cut overcapacity in manufacturing without derailing growth. in an exclusive interview with bloomberg, alan greenspan said he is not optimistic about the country's economic prospects. 7.5% annualk that rate of growth is unachievable. i think that what is happening is that as china's productivity inches closer to the level that exists in the united states, the gap closes and the ability to close the gap is more difficult, which means you are going to get a convergent between productivity in the united states and china. that means it is going to be a big slowdown in china. hans: let's get out to bloomberg's bureau chief in beijing. ask for joining us. how bad are the numbers for china? in seasonalto take effect

on data security. r. cordray: there's a number of procedures that have been developed and actually really enhanced in the federal government other the last several years, you know the federal government has had some problems in this area and the private sector has had many problems in this area, it's something i think we're all very attentive to. nothing would -- r. westmoreland: what standard to you use if you're going to evaluate a company and fine them for -- mr. cordray: i thought you were talking about our own data security. we're using the standards that we understand to be common in the industry, we're using the standards of best practices at different institutions. mr. westmoreland: wo what standard would that be? mr. cordray: we're taking guidance from the -- what we did, when we engage in enforcement matter, we open an nvestigation, took a look at their own security protocols whether they were being followed, by the way that's first thing, whatever security level or threshold they're talking