17 Burst results for "Amy Mars Amy"

"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:00 min | 2 months ago

"amy mars amy" Discussed on Bloomberg Radio New York

"Of national news Amy Mars Amy Morris got the Led Zeppelin reference too Thanks Paul Moore voters are making their voices heard today Georgia Alabama Arkansas holding their primary elections with governors races in all three Texas will see several runoffs There's also a special election in Minnesota They'll be filling the seat of a late congressman Relief is coming for parents who are still struggling to feed their babies a second shipment of formula arrives in the U.S. tomorrow It will be heading to store shelves after they test it This after 132 pallets of special formula landed in Indianapolis on Sunday for hospitals and pharmacies More cases of monkeypox are cropping up across the United States including in Washington state where the King County health department is investigating a presumptive case of the monkeypox virus Public health director doctor def duchin says the virus does not really spread that easily Most people recover in two to four weeks but the disease can be serious especially for immunocompromised people children and pregnant women The same groups that are vulnerable to many infectious diseases He says if you show any symptoms or have a genital rash you should see your doctor Guys price is holding steady going into the busy travel weekend more than 34 million people will be driving out of town this weekend paying more than they've ever had to fill up than ever before triple-A's Marc Jenkins says people are just ready to go People want to get out and return to some sense of normalcy A lot of folks have saved money during the pandemic So many of them are begrudgingly willing to pay the extra price to be able to travel again Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries Market you could save big when you bundle your home and auto with progressive but when we just come out and say it it feels like it falls a bit flat So we're going to use humor But we don't really want your intelligence So nothing too goofy and we need to avoid any polarizing topics Oh and.

Amy Mars Amy Morris monkeypox Paul Moore King County health department def duchin United States Arkansas Alabama Georgia Marc Jenkins Minnesota Indianapolis Texas Washington Bloomberg
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:56 min | 7 months ago

"amy mars amy" Discussed on Bloomberg Radio New York

"Lots of red on the screen here Let's see what's happening in the world of small cap stocks Bloomberg markets correspondent Gupta joins us Christ what do you have Yeah well you have the Russ in 2000 in the red as you do with the rest of the market But it's actually not performing as badly as say the NASDAQ is which tells you that perhaps underneath the hood a little bit more optimism and small caps relative to what you're seeing in big tech underneath the hood though several stories that you did mention in your intro there video games Are very hot right now especially there is an M and a deal in the works A mid cap not a small cap but I'm gonna mention it anyway The NGA is your ticker up 45% after take two the fourth largest U.S. video game publisher says going to buy the mobile game maker in a deal valued at over $12 billion essentially banks the maker of Grand Theft Auto hop into the maker of FarmVille which is pretty interesting So 45% rally Those shares Yeah but everything else is down Pong Pretty doesn't even know what she does Do you not know what Pong is Go back and I don't know Oh my gosh All right I was told earlier folks that if I'm under 48 I'm still a baby So this is a little bit of an exaggeration but if you don't know what Pong is I mean have you ever heard of ColecoVision No Should I just go home now Yeah okay In any case let's get to what you do know about And that's the Goldman call We're looking at now Jon hattie is forecasting what four rate hikes and 2022 We were shocked by three right At the fed's hawkish pivot now Goldman says four four rate hikes but remember I think even before he made that call you had the bond market the Euro strip and fed funds contracts pricing and I think 3.8 rate hikes anyway So this is something that I think when you're looking at the intricacies of the bond market they were actually thinking that given that the first one would be in March So not that far from say market consensus I think of the rest of those strategists kind of to keep up perhaps All right could it go up there Thank you so much we appreciate that Call on the small cap stocks Okay we've talked about that deal take two again buying who are they buying It's another thing Take two 64% premium 12 billion $13 billion Large size I didn't know there was that for FarmVille I worked with France It's not even Scrabble It's an also ran All right let's check in with an expert here on this deal I mean Ben Saad he is TMT analyst at Bloomberg intelligence I mean thanks so much for taking the time here Is this a good deal for take two Their stock is trading down Yeah Thanks for having me I think this is a very good deal for take two especially as when you look at the numbers in this deal First of all it looks like this is the largest video game deal ever from M and S ten point And second of all take two previously they have almost 10% of their sales from mobile and this deal is going to the next few years is going to push that to over 50% of sales going to mobile And that's important because mobile is the fastest growing gaming segment I find that so hard to believe because I don't know what you can do with mobile I love video games I have ever since not Pong but you know Galactica And all the way through Super Mario Brothers with Nintendo three and the none of us up through now I'm playing Xbox all the time Call of Duty and even Red Dead unfortunately I hate it but I play it What can you do on mobile Aside from angry birds right How can it can't even get complex enough First I would say you actually impressed me earlier when you mentioned vision which is one of the chemicals even before Atari So that was completely knowledge there I didn't even know about that But from gaining mobile has been very successful because don't target gamers the target segment in the population called hyper casual gamers Somebody displays candy vision a little bit plays from puzzles or some farm fields or work with friends And that's why this segment has imploded in the last few years And especially in Asia it has been doing really really well So really it's the focus on the hyper casual quote unquote gamers That's why there is a huge success in this problem I also wonder about the lack of gamers Are we worried that the world just isn't producing enough young people We're going to actually read a book We're going to have enough video games for sure but are there enough consumers for all this content Yes absolutely I think overall globally if you include the hypercasual gamers there's over 3 billion gamers Right now so it's not going to be the lack of gamers especially with this new generation There are basically boring in game If you think about Fortnite and other games like that gaming has become much more mainstream than used to be back then And now it's 180 billion dollar global industry So this industry is growing the user base is growing So it's not going to be like a gambler I think to your point it's probably the lack of content And especially during the pandemic all the major video game makers were impacted by the pandemic so they have lower content that they expected And talk about this deal here quickly Take to keep delaying news about GTA fixed content of the 6 which is one of the major games of being a weighted in this industry And this is why this deal kind of makes sense to remove some of the headaches in the top line that is company will be facing All right I mean thanks so much for bringing us up to date on this big deal in the gaming space I mean Ben Saad TMT analyst Bloomberg intelligence I mean if you're still there are you a gamer too Yes 30 years gaming which means it was a baby I started actually on the Commodore 64 playing space taxi and mule and I've noticed a lot of these games are coming back now You can get them on your phone That to me is an interesting thing that these vintage games are coming back Oh yes Look especially with the in the company they're smaller ones They make games like that because a lot of resources And that's why you see Netflix even Netflix getting into that So yes those are coming back because they have a lot of interest for you there Very cool Okay Paul you're not a gamer Of course not I'm an adult Okay I bet you would like mule I'm gonna show you mule during the break and then we'll see if you can get into it It's really to market I aged out after Atari how about that Let's go down to who's it Nathan Hager down there Let's do Amy Mars Amy Amy Morris bringing how could I.

Gupta joins Jon hattie Ben Saad Grand Theft Auto FarmVille TMT Goldman Bloomberg Mario Brothers fed U.S. France
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:42 min | 7 months ago

"amy mars amy" Discussed on Bloomberg Radio New York

"For our teams but we also realize that the service we operate networks is kind of the backbone of the global economy to date The rails in which most of the economy runs on So for us it's been a careful balance of the full stakeholders as well as ensuring that our networks are up and running at the same time Now it's also the same time we decided to deploy 5G more broadly Actually it's been a little faster than what we had planned because our construction has not stopped We've moved deployed faster So a little bit of good and bad but overall just a great time to be here The other thing I've noticed from the consumer side people have been using more data than ever On a level that they probably wouldn't have imagined Not just consuming media content like television shows and movies but they're doing all of their banking online And they're starting their cars with their phones and controlling their home HVAC systems with their phones And this was forecast to happen but I don't think anyone expected it to boom all of a sudden happened and a period of one year How was that for you Are you still offering unlimited data packages or people using 40 50 60 gigs a month People are using a lot of data As you said they use it for everything I wish I could say everything is for great use My kids use it for a lot more gaming than they need to But yes definitely a lot of data consumption that's gone which is why the 5G network is critical because one of the biggest advantages of 5G if you get more throughput and more speed So we are literally adding a ton and a ton of technical term here A ton of capacity in the network All right so thank you so much for joining us Really appreciate getting your thoughts to their sampath and Orion Chief revenue officer for Verizon Matt we got these markets continuing to sell off all year We have the NASDAQ off 2.5% the S&P off 1.8% So broad sell off here as we start the week And the I mean I know Greg Jarrett's been quoting it but it's amazing to see the ten year yield At one 79 22 this is the highest that we've been since I think pre pandemics in spring of last year and we moved up 30 basis points in basically 6 sessions Yeah So you know people talking about 2% at the end of 2022 that's only 20 basis points away That's what we did in four days in the last week So it's pretty amazing And like I said earlier it's a lot more than the S&P is yielding All right right now let's head down to Washington D.C. get world and national news with Amy Mars Amy Thank you Paul tough negotiations between the U.S. and Russia getting underway in Geneva Switzerland a day Washington officials hope the talks will tamp down the danger of a Russian invasion of Ukraine NATO's secretary general Jens Stoltenberg says the security negotiations with Russia might not resolve all issues this week but could provide a path to avoid more conflict I have negotiated with Russia before As a rich and prime minister I know it's possible to make deals with Russia NATO secretary general John Stoltenberg says these efforts are important for seeking a political solution Senator John ossoff of Georgia is set to introduce legislation that would bar members of Congress from holding or trading individual stocks while holding elective office The ethics bill would tackle legislative conflicts of interest according to a source in Washington D.C. with knowledge of the matter and speaking to the New York Post In addition the legislation would likely mandate that lawmakers place their financial assets in blind trusts and action that ossoff took himself after being elected to the Senate in a January 2021 runoff election The proposed bill would present a huge contrast to house speaker Nancy Pelosi who last month publicly defended the practice of lawmakers trading stocks Susanna Palmer Bloomberg radio Lawmakers will weigh the effects of stopgap funding measures meanwhile on the Department of Defense this week government funding negotiations have stalled and the possibility of a full year continuing resolution is weighing on those discussions Now there are questions about how that stop gap measure might hurt the military they're holding a hearing on Wednesday Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts in more than 120 countries I'm Amy Morris This is Bloomberg NJ Cloud is powering tomorrow's transformative missions Federal agencies are partnering with SAIC to help them meet these critical moments where bold moves require continent blueprints where you can accelerate transformation through consistency.

Washington D.C. Verizon Matt Greg Jarrett Russia Amy Mars Amy Thank John Stoltenberg NATO Senator John ossoff S Orion Jens Stoltenberg ossoff Geneva Susanna Palmer Switzerland Ukraine New York Post
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:45 min | 10 months ago

"amy mars amy" Discussed on Bloomberg Radio New York

"World and national news with Amy Mars Amy All right thank you Paul Iran says it wants to start talks to revive the 2015 nuclear deal likely the end of next month but it still wants the U.S. to release $10 billion of its assets frozen overseas has a good will gesture The Biden administration wants to return to the accord but has refused to lift any Trump era sanctions or release any Iranian funds before talks resume Pfizer's COVID vaccine for children is a step closer to authorization The FDA is expected to accept an advisory panel's recommendation if the CDC agrees children as young as 5 years old could start getting those shots next week Clinical trials found it to be nearly 91% effective against symptomatic illness Stanford health pediatrician doctor alog Patel says those are some promising results That's an incredible fighting That's actually more effective than a lot of routine how the vaccines we use including the flu shot which is still a great vaccine Stanford health pediatrician doctor Alec Patel and other expert advisers say the benefits of the shots outweigh the risks for kids 5 two 11 years old Authorities in New Mexico say criminal charges are not out of the question as they continue to investigate that deadly accidental shooting of a crew member on the set of the film rust Actor Ian Hudson plays an outlaw in the film and he tells TMZ that he sensed something wasn't right When the rounds were released when they shot at me I actually did feel the blank hitting my face and my body Doctor Alec Baldwin was the one who fired the gun while rehearsing a scene Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts in.

Amy Mars Amy Paul Iran Biden administration alog Patel Alec Patel Pfizer CDC FDA U.S. Stanford Ian Hudson flu New Mexico TMZ Alec Baldwin Bloomberg
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:15 min | 10 months ago

"amy mars amy" Discussed on Bloomberg Radio New York

"And preservers helping them to navigate the challenges and opportunities that success creates You always love getting Michael's perspective and the perspective of his members as they navigate these financial markets and this reopening of the pandemic economy Right now let's head down to the Washington D.C. We'll get world and national news with Amy Mars Amy All right thank you Paul President Biden wants to reach agreement with his fellow Democrats on his economic agenda before he leaves for Europe this week The president met yesterday at his home in Delaware with Senate majority leader Chuck Schumer and West Virginia democratic senator Joe Manchin but there wasn't any breakthrough there The upcoming Glasgow global climate conference is providing the latest deadline Democrats hope to include strong climate change provisions to give the U.S. leverage with other countries House speaker Nancy Pelosi tells CNN State of the Union they are very close With 90% of the bill agreed to and written we just have some of the decisions to be made Many of the administration's original priorities are still in the package just for a shorter duration including Affordable Care Act premium subsidies and expanded Medicaid coverage Utah Republican senator Mike Lee meanwhile is urging senator mansion of West Virginia to leave the Democratic Party There's no reason why he belongs with the party of inflation why he belongs with the party of lawlessness Why he ought to remain with the party that's harassing intimidating and belittling him that every turn Now Republican senator Mike Lee tells Fox that mansion should caucus with Republicans That would give the GOP control of the Senate Manchin has said that he would become an independent if his positions ever cause a problem for the Democrats Twitter has suspended the official account of Indiana congressman Jim banks Banks tweeted last week quote the title of first female four star officer gets taken by a man It was a reference to doctor Rachel Levine becoming the first openly transgender four star officer in the U.S. uniformed services They deleted that tweet Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Amy Morris This is Bloomberg Asset man hey Jen we need to sell our home Do you know a great agent I do We just sold with a local Redfin agent.

Washington D.C. Amy Mars Amy Paul President Biden senator Joe Manchin West Virginia Republican senator Mike Lee Chuck Schumer Senate senator Mike Lee Nancy Pelosi Delaware Glasgow Michael CNN Europe Jim banks Banks U.S. Democratic Party Utah
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:38 min | 10 months ago

"amy mars amy" Discussed on Bloomberg Radio New York

"Get world and national news with Amy Mars Amy All right thank you Paul President Biden has ordered flags flown at half staff in honor of general Colin Powell the former Secretary of State as you know died yesterday He was 84 years old He died from complications caused by COVID-19 South Carolina senator Lindsey Graham The men and women of the State Department never had a better champion than Colin Powell so he will be missed and he's think a role model for any young American out there Now Powell was fully vaccinated for COVID-19 but he also had a form of blood cancer and that compromised his immunity Stanford hospital assistant director of emergency medicine doctor Ryan Ribera If anything this is a reminder that there exists among us those who are immunocompromised or for whom the vaccine is not enough And to protect people like that need to reduce the pool of infections that we can only do that if we get the vaccination rate up Stanford hospital assistant director of emergency medicine doctor Ryan Ribera says he is also waiting to hear more about booster shots from the FDA Now this as the Food and Drug Administration appears poised to allow that mix and match approach to those booster shots the FDA declined to comment and it's not clear when a decision will be announced now today the FDA did propose something but it's completely different It's the creation of a new category of over the counter hearing aids It would be sold directly to millions of Americans you wouldn't need a prescription anymore This proposal aims to facilitate innovation and increase competition for new hearing aid manufacturers while lowering the cost for people who need hearing aids Global news 24 hours a day on air and on Bloomberg quick take powered by more.

COVID Stanford hospital Ryan Ribera Amy Mars Amy Paul President Biden Colin Powell blood cancer FDA Lindsey Graham State Department South Carolina Powell aids Bloomberg
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:36 min | 10 months ago

"amy mars amy" Discussed on Bloomberg Radio New York

"One studios in Washington D.C. get world of national news with Amy Mars Amy All right thank you house lawmakers signed off on a short chairman priest to the government's dead limit averting a default for a couple of months Republicans want the Democrats to use reconciliation to lift that debt cap without Republican support House speaker Nancy Pelosi since Democrats have no intention of doing that Talks between Democrats now continue on that human infrastructure Bill one that would fund things like paid family leave measures to combat climate change and initiatives to expend healthcare House speaker Pelosi says that Bill will likely be less than the three and a half $1 trillion Initially proposed while still keeping those same programs intact Probably in timing that the timing would be reduced in any cases to make the cost lower But it only would be in such a way that does not undermine the transformative nature of it Moderate democratic senators Joe Manchin and Kirsten sinema have been opposed to that price tag of the package in the beginning mansion had set his top line number would be one and a half $1 trillion Over the past three years millions of blood pressure pills that contain a probable carcinogen have been recalled all over the world will now pharmaceutical companies have discovered an entirely new problem Another potentially dangerous chemical is showing up in the same drugs containing valsartan regulatory authorities say the azido impurities are mutagenic and that means they can change your DNA and potentially increase cancer risk documents reviewed by Bloomberg show the FDA has found at least one large manufacture in India has a flawed process for controlling.

Washington D.C. Amy Mars Amy Kirsten sinema Nancy Pelosi House Pelosi Joe Manchin government Bill Bloomberg cancer FDA India
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:31 min | 10 months ago

"amy mars amy" Discussed on Bloomberg Radio New York

"Down let's say from two to one As long as economic growth broadly is still above long-term averages That's still a world in which output gaps close unemployment rates fall And that's a good environment for any kind of asset class in the market that's exposed to growth As opposed to a world of slow below these long run averages And I don't think that's where we're in right now or where we're heading in the next 6 months That's something where we are going to talk about maybe during the course of next year that's a 2023 issue But I don't think that's something that's plaguing the economy right now Not assuming the fact that the numbers could be volatile quarter by quarter but the trend is not that weak yet Well we've had a drop in consumer expectation indexes From the conference board and from the University of Michigan and we had a report out from Danny blanche flower of Dartmouth and Alex Bryce in the university college of London saying you know they think we're entering a recession now Downward movements this is a direct quote downward movements and consumer expectations the last 6 months suggest the economy in the U.S. is entering recession now It's an outlier opinion I think but we're going to talk to Danny next What would you counter that argument I always love the people who want to be out there first going for a recession I mean we're barely a year over the last one And the first people are already calling for a recession Brilliant but because those are the people who get the headlines right This classic so now we're not in a recession I mean a recession is a recession is a very different kind of environment from an economy that could conceivably see a negative quarter over quarter growth rate If you suddenly have for example to shop at time and inventories a sharp upper turn shop ton in the contribution from trade because we can't get anything out of our ports So our exports may collapse and that may be negative for GDP growth We could have a world where we have a negative one negative quarter of consumer spending But savings rates are so high people are sitting on a lot of money They want to spend that can not spend because of supply constraints That's not a recession So I think it's ridiculous for anybody to talk to the start to talk about this right now A supply chain is a 5 constraint decline in GDP is a very very different animal than a demand constrained economy that goes with your negative growth Very different stuff Very different Very different All right Marcus thank you so much for joining us Marcus Schumer chief economist for prime bridge investments based in New York City Right now let's head down to our 99 one studios in Washington D.C. for world and national news with Amy Mars Amy All right thank you Paul President Biden's chief medical adviser's infections of COVID-19 in the U.S. are still too high for any kind of return to normal Doctor Anthony Fauci talked about it with CNN We have to just be careful that we don't prematurely declare victory in many respects We still have around 68 million people who are eligible to be vaccinated that have not yet gotten vaccinated Doctor Fauci says average daily infections have fallen to about 95,000 from more than 150,000 per day last month Meanwhile health officials are warning about a so called twindemic a possibly severe flu season on top of the coronavirus pandemic Doctor Julia morita is a former White House COVID advisory board member and vice president at the Robert wood Johnson foundation she says vaccinations are key right now and Americans can get both of these shots at once People are getting their first doses of the COVID vaccine they can also get flu vaccine If they're getting booster doses they can also get flu vaccine Doctor Julia Marina says now is not the time to let your guard down Nearly a quarter of U.S. critical infrastructure that's utilities airports police stations government facilities and more At risk of being inundated by flooding a new report by Brooklyn nonprofit first street foundation says roughly 14% of Americans properties face direct risk from major storms but the study also shows danger extends far beyond those property lines the report comes as Congress debates whether to put trillions of dollars toward rebuilding aging infrastructure and then making it more resistant to extreme weather and possible flooding Global news 24 hours a day on air and on Bloomberg quick take Powered by more than 2700 journalists and analysts.

Danny blanche Alex Bryce university college of London Marcus Schumer prime bridge investments Washington D.C. Amy Mars Amy University of Michigan Dartmouth Paul President Biden COVID U.S. Danny Anthony Fauci Julia morita flu Fauci Marcus Julia Marina New York City
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:46 min | 10 months ago

"amy mars amy" Discussed on Bloomberg Radio New York

"99 one studios for world and national news with Amy Mars Amy All right thank you Paul They've reached a deal Senate majority leader Chuck Schumer says they have come to an agreement on a short term deal to extend the dead limit to December Schumer says he hopes the Senate will be able to vote on it today we are of course watching that on Capitol Hill Pfizer asking the U.S. government to allow use of its COVID-19 vaccine in children ages 5 to 11 if regulators agree shots could begin within a matter of weeks Pfizer already had announced a lower dose of its vaccine worked and appeared safe in a study of the kids the FDA has a meeting scheduled to consider the authorization on October 26th There are growing concerns we could see empty store shelves this holiday season a lot of shipments remain stuck at sea because of supply chain issues transportation secretary Pete Buttigieg warns supply chain bottlenecks could take years to resolve but that the bipartisan infrastructure Bill could also help ease the crunch The momentum behind this infrastructure package I think really transcends a lot of the other politics of the day You can see that in the bipartisan vote that helped get it to this point And we invite you to stay tuned for our full interview with transportation secretary Pete Buttigieg That'll be coming up at noon Eastern Time on Bloomberg's balance of power World food prices are the highest in ten years That according to the UN food agency the food and agriculture organization says world food prices rose for the second straight month in September Food prices last month were nearly 33% higher than in September of 2020 Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts.

Amy Mars Amy Pete Buttigieg Pfizer Senate Chuck Schumer Schumer U.S. government Paul FDA Bloomberg food and agriculture organizat UN
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:43 min | 11 months ago

"amy mars amy" Discussed on Bloomberg Radio New York

"D.C. get rolled a national news with Amy Mars Amy I thank you Paul President Biden and congressional Democrats as you were discussing just now deep in negotiations on the shape of those spending bills that can be enacted and will impact economic growth in the years ahead Let's get more on this now from Bloomberg's irv Chapman in Washington The American economy is slowing after a spurt that ended the pandemic recession Economists Leslie piezo the firm stiff Nicholas said in a Bloomberg interview We are very likely to see a noticeable slowdown in the back half of the year and going forward into 2022 We will see a slightly reduced activity level on part of the consumer but also we're going to see a much reduced footprint from the federal government That has said the persistence of COVID-19 will also have an impact as well as the shift of consumer spending to a pre-pandemic balance between goods and services In Washington of Chapman Bloomberg radio And the president travels to Michigan today to promote his economic vision The White House says he'll be in Howell Michigan to continue rallying public support for the bipartisan bill and build back better agenda Johnson & Johnson has asked U.S. regulators to allow booster shots of its COVID-19 vaccine Johnson & Johnson says it filled filed rather filed data with the Food and Drug Administration on giving a booster dose between two to 6 months after vaccination a panel of FDA advisers meets next week They'll consider boosters for both Johnson & Johnson and Moderna vaccines This as the CDC updates its holiday guidance amid the pandemic they removed a web page yesterday with the old information from last year Global news 24 hours a day on Aaron on Bloomberg quick take powered by more than 2700.

Amy Mars Amy Paul President Biden irv Chapman Leslie piezo Bloomberg Chapman Bloomberg radio Johnson & Johnson D.C. Washington Nicholas Michigan federal government Howell Food and Drug Administration White House U.S. Moderna CDC Aaron
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:54 min | 11 months ago

"amy mars amy" Discussed on Bloomberg Radio New York

"Look at the small cap stocks That's an area a lot of investors have been focusing on really over the last 12 to 18 months as a source of outperformance Right now let's head down to our 99 one studios in Washington D.C. for world and national news with Amy Mars Amy All right thank you Paul Johnson & Johnson has asked U.S. regulators to allow booster shots of its COVID-19 vaccine J&J says it's filed data with the Food and Drug Administration giving a booster dose between two to 6 months after vaccination a panel of FDA advisers meets next week to consider boosters for both JNJ and Moderna vaccines President Biden and congressional Democrats are deep in negotiations on the shape of spending bills that can be enacted and will impact economic growth in the years ahead Bloomberg's irv Chapman has that story from Washington The American economy is slowing after a spurt that ended the pandemic recession Economists Leslie piezo the firm stiff Nicholas said in a Bloomberg interview We are very likely to see a noticeable slowdown in the back half of the year and going forward into 2022 We will see a slightly reduced activity level on part of the consumer but also we're going to see a much reduced footprint from the federal government That's a persistence of COVID-19 will also have an impact as well as the shift of consumer spending to a pre-pandemic balance between goods and services In Washington or Chapman Bloomberg radio President Biden travels to Michigan today to promote his economic vision The president will be in hell an hour west of Detroit The White House says he'll be there to quote continue rallying public support for his bipartisan infrastructure Bill and build back better agenda Former Facebook executive Francis Holland will tell Congress the social media giant products harm children stoke division weaken our democracy and much more Those charges are in prepared remarks the whistleblower is set to deliver today.

Washington D.C. Amy Mars Amy President Biden Food and Drug Administration irv Chapman Leslie piezo Paul Johnson Bloomberg JNJ Johnson J Chapman Bloomberg Washington U.S. Nicholas federal government Biden Francis Holland Michigan Detroit
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:46 min | 11 months ago

"amy mars amy" Discussed on Bloomberg Radio New York

"Head down to Washington D.C. world and national news with Amy Mars Amy All right thank you Paul Let's expand a little bit on what Emily was telling you first Let's talk about the shutdown Lawmakers working to move forward on a stopgap funding measure to prevent a shutdown in less than two days Senate Democrats are hoping to bring a continuing resolution to a vote today Bloomberg news has seen a copy of the bill which is really just a stop gap measure It doesn't include anything about the debt ceiling That bill would extend funding through December 3rd and it includes disaster aid as well as money for Afghan refugees We are following that for you This is House speaker Nancy Pelosi talked about raising the nation's debt ceiling As Congress keeps fighting about how to do that And how we go about it will that's legislation We're balancing one equity or another as to timing and the rest on that And now lawmakers are coming up with creative ways to resolve the debt ceiling standoff Democrats want to bipartisan move to suspend it Republicans are not going to do that So now Democrats are coming up with other solutions like something called a $1 trillion coin a gazillion dollar debt limit That seems reasonable and removing Congress from the equation entirely They're trying to get creative to figure this out Meanwhile YouTube is reportedly taking down several video channels associated with anti vaccine activists YouTube is banning prominent anti vaccine activists and content a new set of policies is designed to cut down on misinformation about vaccines that health officials consider effective This is something Facebook did a few months ago It includes content associated with Robert F. Kennedy Jr. and Joseph mercola who experts say are partially responsible for fomenting the slowdown of vaccination rates across the country Global news 24 hours a day on air and on Bloomberg.

Washington D.C. Amy Mars Amy Paul Let Bloomberg news Emily Nancy Pelosi Congress Senate bill YouTube Robert F. Kennedy Jr. Joseph mercola Facebook Bloomberg
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:35 min | 11 months ago

"amy mars amy" Discussed on Bloomberg Radio New York

"You know only about two weeks until we get the big bank reports And we've heard from company after company I'm thinking FedEx Nike Costco warning about some of these supply chain issues the fact that labor costs are going up costs are going up It takes double the amount of time to get a sneaker from Asia to the U.S. how big of an issue is margin going to be as we move forward Dave Well I mean there's no doubt it's front and center but that's as much as anything because companies have been able to increase margins so far even in the face of higher costs They were able to raise prices enough to offset those cost increases So the question is what happens as prices keep going up for things like labor and materials and shipping I mean to what extent can companies continue to deal with that It's a real issue And you're right I mean when third quarter results come out there will no doubt be a lot of focus on things like gross margin Yeah it's gonna be interesting And yet the other thing I'm interested in is the autos I mean you talk about you can't get you just can't get a car and you drive by any lot anywhere not empty but they're parking the cars maybe every third spot the auto dealers to kind of make it look like they have inventory but when you talk to them they've got no inventory and they're selling all on future production And so that continues to be a big issue Oh it does I mean let's face it you know it's the lack of semiconductors That is in large measure responsible for those shortages So you know and maybe a few quarters before that is really gets resolved So you know you have that to look forward to And then of course big story of the day with Ford deciding to invest in electric vehicles specifically a new F one 50 assembly plant and three battery factories with its South Korean partner with all that Ford Motor is indeed higher I mean 1.3% but certainly higher All right lots going on at their boomer stocks editor Dave Wilson thank you so much NASDAQ off 2% stocks Europe 600 kilos You just pointed out an old chat That's down 2% We're going to sell off here in an environment of rising rates Yeah absolutely I mean you look within the stock 600 It is technology that is the biggest sector laggard The technology index within Europe is down 4.2% and again that is a higher yield story those rich valuations coming into question Yep absolutely All right let's get the check on world and national newsstand and Washington D.C. with Amy Mars Amy All right thank you Paul We are waiting to hear from treasury secretary Janet Yellen she's testifying on Capitol Hill this morning warning that her department.

Costco FedEx Nike Asia Dave Ford Motor U.S. Dave Wilson Europe Washington D.C. Amy Mars Amy Janet Yellen treasury Paul Capitol Hill
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:55 min | 1 year ago

"amy mars amy" Discussed on Bloomberg Radio New York

"You so much. We appreciate it. Lots of red on the screen as John was just reporting, I guess at first blush, maybe just response to maybe that hawkish commentary we got from the Federal Reserve. Supermarkets. Reporter critic Gupta joins us today So pretty. Is this again? Maybe just the market saying, Okay, that was a little bit different. What we heard from the feather. Maybe many of the traders were thinking originally. Yeah, absolutely. When the dot plot was saying two hikes by 2023, the end of 2023 bowlers come out saying, Well, maybe that's getting pulled up just a little bit earlier, perhaps a hike by the end of 2022, so that actually spooked markets quite a bit on a day that was supposed to be a potential buying opportunity for quadruple or triple witching day. However, you want to say it. I've heard it both ways. This idea that there was going to be so much liquidity that people actually could potentially hop back into the market and get the spreads and the prices that they want, and instead they use that opportunity to actually sell in a really big way at the open. So we're looking at commodities that are selling off in a big way. Not necessarily today. I mean, we do see oil and gas up today. But Overall, we've seen a 40% drop in lumber we've seen, I think 20% drop in soybeans from its high. What does this mean to equity investors? It has everything to do with risk appetite. This is what it's all about Sentiment and think about it. A lot of the reflationary trade that was happening in the stock market was this concept that commodities was driving inflation higher. You saw cyclicals leading energy was the big volatility playing. Those were really kind of the things you invested in the first five months of the year when you see that commodity dropped, though. This kind. Be a controversial statement. But it kind of feeds into the narrative that Oh, my gosh, this inflation is commodity driven inflation is transitory. But here's the issue with that the problem with commodity prices dropping to this extent, the idea that it is transitory and prices are going to revert back to what they were before this massive pent up demand kind of exploded. Is the fact that they come crashing down and the translation to the equity market here is that if you start to see risk appetite, these commodity contracts drop by this margin that we're talking about. Stocks aren't going to be too far off. And when you start to see that currency traders are going to get the same message as well. So this is a very big cross asset trade. And I think what I thought what was interesting. One trader actually mentioned this to me the way he phrased it was that if trends if inflation is actually transitory, the markets should be far more concerned. Because that means the drop is going to be far uglier, which I think is a pretty interesting Take. Matt mentioned earlier. The dollar and looking at the D X Y Index up again today above 92 on the D X Y index here. What do you make of that? What are the traders? I mean, is this I've heard. You know, the dollar is going to rise. The dollar is going to rise. And is this it? Or is this kind of a trade? I can't tell you if this is it, or this is a dead cat bounce. But what I can say is once again I'm gonna stay across as a trade a million and one times because For the dollar were really reverting back to the trends of 2020. I mean, think about it. What we're seeing in the stock market the first two weeks of June it has been a tech friendly trade. People have been buying back Tech. Selling the cyclicals were going back to defensive trays. Even bonds have been doing pretty well this month, and this little dude you're seeing that happened in the dollar as well. So it's interesting that people are using the dollar one there. Once again, it seems bullish on it right. They're buying into the dollar. The Bloomberg dollar index is rising. But there's also this component of using the dollar to access the stock markets. If you look at the inverse correlation between dollar and stocks once again, It's pretty high and is even higher. I believe that in the correlation we saw back in 2020, so we knew this right that when the dollar dropped in 2020 people were hopping in overseas investors were hopping in to the U. S stock market. You're kind of seeing that same dynamic right now. And if you actually look at an intraday chart, I know this is radio and we can't visualize, but I will describe it for you. If you look at an intraday chart of the rise in the Bloomberg Dollar index right now, and look at the S and P 500 drop They are mirror images. So once again, this is absolutely across asset trade, and it kind of seems like overseas investors have a lot to do with it. Do you know what is strange looking at the equities and the the industry groups. Financials are the worst performer today. They are the worst performer over the last five days. They are the worst performer. With the exception of materials over the last month. Why are financials doing so badly when we now expect rates to rise? Possibly sooner than we did on Wednesday? I think this is an intraday story, because think about it. Financials have been so, uh I don't know what the lack of like boosted, I guess for lack of a better term because they've been part of that reflationary trade. This idea. The spending and lending is going to come back and yields are going to be higher. This exact narrative that you just mentioned what we've already traded on that So now we're focusing on what's happening in the short term, and I think that's really where Financials. Whether this is the writer wrong trade that's up to the investor and the listener, But I think that right now they're finding they're following the yields picture, so right now, yields have been dropping. So financials are dropping its borders. Look, I'm just looking at That Not only are they the worst today, but they're the worst over the last five days worse over the last month, they're the worst over the last three months. Financials when you break up the SPX into you know SPX l Juan Grr. They just have underperformed everybody over the last, uh, over the last few time periods that you can punch in there and it's It's interesting. I think it's pretty brutal. Absolutely. And can I just say a lot of those comments about trading revenue slowing from JP Morgan from city that did not help at all? It's interesting. I'm looking. Should I be surprised that the 10 years at 1.4971? I thought it would be higher. I know me too. Okay, so I should be surprised. I think we're all surprised. We're all surprised. We thought that this would just go up and up and up and it looks like it's a little bit more of a roller coaster. Who knew financial markets could act that way, Right? I think I think you know results was talking to us yesterday. Paul and he said 50 basis points. Who cares by the end of 2023, You know, I'm going to be retired by van. It's not literally, of course. Yeah, exactly. So I mean, you know It's you expect some rates to rise here, but we're just not seeing it immediately. I guess that's the takeaway. So crazy Gupta Markets reporter for Bloomberg. We really appreciate that getting your input there. So, Matt, we've got a red on the screen today. But right now, let's sit down to our 99. 1 Studios World and National News With Amy Mars, Amy All right. Thank you. Paul. North Korean leader Kim Jong UN has ordered his government to be fully prepared for confrontation with the United States. Talks with the US to aimed at dismantling North Korea's nuclear programme have been stalled for more than two years. The outgoing U..

Paul Amy Mars Wednesday JP Morgan John 40% Amy 2023 2020 20% 10 years yesterday Federal Reserve today Matt last month Gupta 1.4971 U. S US
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:07 min | 1 year ago

"amy mars amy" Discussed on Bloomberg Radio New York

"Acts like Kendall is much more of a domestically oriented chaotic here in the U. S. So ours is much more about Lending money all around the world, and that's really where our strength is. We have the ability to settle in 130 currencies. In a matter of minutes. We have the regulatory compliance capabilities that go with it. We serve a number of different kinds of partners. We have a white label offering that we've you know that we're partnering with banks and other fintech type players, so we can really be the back and provider to other companies. Even other digital players that may not have the reach that we do. Saudi telecoms is one example. That's been very successful for Saudi Arabia. We have another one in Russia with spare, which is a bank is one of the largest bank in Russia. And so we really have a number of different angles. We have a branded Western union calm offering and, you know, I use our services as well. And you can. You can initiate and completed transaction in the matter of 30 seconds and I can do it for the money. My loved one of in India, you know, matter of seconds very recent college if he's air quite high, considering some competitors don't charge really at all. Are you going to do anything about that? You know, our fees are very representative of the cost of doing business that we, You know, it's not simple. It's not free to really move money around the world. You know, to have regulatory compliance capabilities and to actually protect consumers in terms of when they spend their money. There's a cost of doing business, right 200 markets and that's really what we do, and we're in the business to make money and the other others who are not charging a few. It's not a sustainable business model for them, so that's really the way we look at it. Okay. Roger. Thanks so much for joining us really Appreciate it. Rajah grow while he's a chief financial officer for Western Union Right now, let's sit down the Washington D. C. We will get World and National News with Amy Mars, Amy All right. Thank you Fall the Trump defense team turn now, while House prosecutors at the impeachment trial relied on emotion and a violent images.

Amy Mars India Roger 30 seconds Amy Western Union Russia 130 currencies Washington D. C. Saudi Arabia 200 markets Trump U. S. Rajah one example Western union Saudi House one Kendall
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:36 min | 2 years ago

"amy mars amy" Discussed on Bloomberg Radio New York

"World of National headlines With Amy Mars, Amy All right, Thank you. Paul. Portland police investigating a shooting. It happened after crowds of black lives matter, and President Trump supporters clashed Portland Mayor Ted Wheeler, blaming the president for inflammatory rhetoric, saying that he allowed things to escalate. As the president of the United States and somebody who has been perpetrating divisive and hateful language for four years for him to now, stand here and say that it's unexpected and act as though he's shocked is appalling to me. We all saw this coming. The president had blamed Wheeler on social media for allowing that violence to escalate. The office of National Intelligence will no longer give in person briefings about election security to Congress. Acting Secretary of Homeland Security Chad Wolf on ABC is this week. Not only information about Russia but also China in Iran. So these air three nation states that we have been well aware ofthe been tracking them for the last four years, putting out a number of disinformation campaigns. John Radcliffe, the US director of National Intelligence, blames leaks for the clampdown. After Chadwick Boseman is death at age 43 continues to send shock waves through Hollywood. Kevin Feige is president of Marvel Studios and tells ABC that Bozeman kept his four year fight against colon cancer completely to himself. It was a very private man, and and it was a shock to us. We heard the news on on Friday. None of us at Marvel knew that he that he had been so ill for so long, almost the entire time that we know. Grossman's death hit close to home at his alma mater, Howard University in Washington, where he gave the commencement address two years ago, telling graduates to face life's challenges without.

president Ted Wheeler President Trump National Intelligence Marvel Studios United States Amy Mars Kevin Feige Amy All Portland Chadwick Boseman Grossman ABC Paul Chad Wolf Congress John Radcliffe Howard University
"amy mars amy" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:50 min | 2 years ago

"amy mars amy" Discussed on Bloomberg Radio New York

"The House because ofthe growing controversy surrounding the U. S. P s the United States Postal Service writing on this subject today in Bamberg opinion Timothy O'Brien, senior columnist for Bloomberg, and In fact it wasn't today. Tim but has been recently and it's not the first time you've written on this subject. What can Congress do, too? Throw light on both the president is doing and rain in anything that's illegal. Um, well, Vanya. I think I think Congress would do a lot to throw light on the problem. I'm not sure how much they could do to stop it. What's going on is mail carriers. Hours have been reduced. Post office hours have been reduced. A large male sorting machines are being taken out of commission in post office hubs, and all of this is slowing down mail delivery that matters in an election year. Pardon me because there's there's a strong chance. We're gonna have a huge surge in mail in voting this year because of the pandemic, and it's pretty clear that, um This is in an effort to weaponize the Postal Service to slow down mail in about balloting and the president is behind that. He's done very little. To try to stop it. He's been questioned about it. He said he has no interest in changing what's going on in the Postal Service. In fact, he said, he won't even release funds to the pulse of service that would allow to speed up its operations. Congress is holding hearings. Congress has asked the inspector general of the post office to examine this. A number of state attorneys general are coalescing around this time planning. Just do the Trump Administration of the post office to stop these practices. But that has to wind its way through the court. So the issue here is How much can really be done in realty time to course correct here, so voters of both parties don't get their votes taken away from them because the post office can't deliver their ballots. I didn't even know this was a thing until it happened. Tio. It just seems like every day there's something new here is there. This kind of goes to the bigger question. I guess that some people are raising that. If the president were to lose this election that perhaps he would not be willing to really admit that our can't contest it. Is that a material risk in your perspective? It's a very material risk. And he said as much you know, he said in a recent press appearances that we won't know the results on election night. We may not know it for weeks after election last night. Perhaps even months. I mean, we certainly may not know on election night and we may not know shortly after election night, but but we will find out in relatively short order on voters will just have to get used to the fact that will take a little longer this year. But the president has already seeded the ground with the idea that the vote can't be trusted. Hey said that mail in balloting is riddled with fraud. That's just factually untrue. Ah, majority of states have used it quite well for quite a long time, including Red States. Republican states to stand by, It is a process. So, Yeah, it's a material risk, and I think like everything in the Trump here he's he's pressing the limits of what we accept as norms around executive authority and presidential behaviour and public institutions that are really challenging people. Kind of wrestle these things in the ground. It's really interesting because it sort of puts paid to the idea that the president may not run now or may pull out of the race. If he thinks he's not going to win or or or this rhetoric that's going around that maybe he doesn't really wanted that He had his one term and he'll be finding something else. It seems like he really, really, really doesn't want to win a second term. The other thing that's been pointed out to people in his campaign and to himself is that Last time around mail in balloting actually benefited him. And so even that isn't enough. You know, Tio changes his mind on what's going on here with the Postal Service now his arguments Is that it's a money loser. And, of course, that's a winning argument for a capitalist who cares about money? How? How do those who don't like what's going on? Defend the USPS? Against it's the United States Postal Service. It's not the United States postal business. It was mentioned in the in the Constitution as an organization that was meant to admit the country together and to make sure that Americans who lived in far fun places would always have a means of communication. And that's still true today, the post office Loses a lot of money on traditional mail delivery because they have to deliver to remote rural communities. Seniors really light rely on the service and the post office itself is not allowed to raise the price of stamps. That's that's set by a commission that decides what the affordable rates should be. But we also don't expect the Department of Defense to make a profit. In fact, the Department of Defense loses By that standard, the Department of Defense was far more money annually in the post office, roads and bridges, Fire Department, Police Department's thie intelligence services and the diplomatic corps and the White House itself are not for profit businesses there. Public services That said. There's no question that the post office's operations could be streamlined and new thought and fresh thinking about how it can do its job better is welcome, but it's a complete strawman to say this is about Just making the post office a better business. It's very clear now that that this is about the post office's mission being perverted and derailed in the service of a trench warfare approach to politics. Well, this extraordinary Tim O'Brien Thanks so much for joining us and providing some color on what is a developing story one that's getting the interest any of Congress right now is Speaker Pelosi brings the House back. Timothy O'Brien, senior columnist for Bloomberg Opinion. Joining us is just a fascinating story. There's something new every day it seems like and it's the good folks of Bloomberg News and Bloomberg opinion keeping up on all of it, So we appreciate their help. Right now. Let's head down to Washington, D. C will get World and national headlines With Amy Mars. Amy What do have force All right. Thank you, Paul, that you know, we've told you House lawmakers are returning to Washington. They're cutting their August break short to deal with the post office crisis. Now we're learning voters in candidates for office in New York are suing President Trump and Postmaster Lewis to joy. Seeking an order requiring the postal Service receive adequate money and staffing to ensure.

Postal Service president Congress United States Postal Service President Trump Tim O'Brien Bloomberg Timothy O'Brien Department of Defense Amy What United States Bloomberg News Bloomberg Opinion Bamberg New York Tio fraud Washington