21 Burst results for "Andrew Bush"

"andrew bush" Discussed on WBBM Newsradio

WBBM Newsradio

03:50 min | Last month

"andrew bush" Discussed on WBBM Newsradio

"It Andrew bush former chief market intelligence officer at the commodity futures trading commission he's an economist you can find them online and Andrew bush dot com Andy as always good to have you on the show so what exactly is the IMF predicting here yeah bad news I think they finally upgraded their programs to reflect the negative numbers that were being getting out over the last couple of weeks and you know the IMF has a massive amount of economists so they they really have a lot of great people working there but I will tell you having watched them over the years they constantly revise their numbers I mean the fact that they were advising these numbers just from April tell you a lot about what's going on there everyone's trying to scramble and figure out where we go from here but I will say I don't know if the IMF took into consideration that the amount of fiscal stimulus and stimulus from the batteries equates to half of the year I'm Judy peace United States that's why the stock markets rallied it is because things are really bad right now they are for sure but it's because the future looks a lot better than it does and now when it comes to that future you have a situation now like the situation with the corona virus flaring up markets getting hit today it is a lot of uncertainty about what the future looks like yeah it's fascinating to see this right that this was to be expected that we would see an increase in infections as the state's opened up we understand that and and that's the balance that you have to strike between the number of infections and getting the economy re opened to help people get jobs and here's a statistic that people don't want to talk about but I will it's the number of deaths that we've seen so mid April we had sixteen thousand per week guess what the number was last week Cisco what one fifty five so try to keep that in perspective I mean it's dropped dramatically and that's the balance with the strike don't use infections as the metric for whether or not we're successful with this fight against the virus it's really the number of deaths in other words we're getting better at figuring out what the therapies are we're getting better at getting the PPE gear that we need we're getting better at the capacity in the hospital beds that we need I just point out McCormick place remember they wrap that up to three thousand well they shut it down in may first because they need it so just keep that in mind we're doing better but you're not gonna hear about it when you look at just the infection rate from the state well for you you too soon at least hopefully that the economists including those at the IMF are paying attention to those metrics are today they kind of get sucked into the news of the day as well well I think they do spend their time looking at other countries and if you look at Brazil I'm if you look at some other countries that have just Africa as a whole to con and have just been seeing tremendous increases those are very different places than the United States and those places getting shut down eventually I will contribute to much lower global growth but I disagree with the IMF when they cut the say that the U. S. GDP number this year is gonna be minus eight percent I I don't see that I think we're going to see a reaction of a solution to the economy where we snapped back and then it's it's going to be a kind of a slog to get back to where we were but I don't know what goes on with the I. map as far as that goes I would say what's interesting of course is and what you can't control the continent is what New York New Jersey in the other state was doing as far as telling people to self quarantine when they come to their state from those other states that are seeing increases in infections that you can't control and each one of these governors changes the rules of the game in in the middle of the game that's problematic for businesses and you saw of course the transportation companies airlines get smacked really hard today so that's the big X. factor that that's really hard to plug into your programs when you're an economist man.

officer Andy Andrew bush
SEPTA service returns on key Philadelphia rail lines

KYW 24 Hour News

01:05 min | Last month

SEPTA service returns on key Philadelphia rail lines

"Sept is moving to restore some service on two key regional rail lines beginning today joining us us live live with with the the details details on on that that K. K. Y. Y. W. W. th th market market runs runs good good morning morning mark mark morning morning Suzanne Suzanne sept sept is is Andrew Andrew bush bush says says as as the the transit transit agency agency moves moves toward toward the the recovery recovery phase phase of of this this covert nineteen pandemic it's extending rail service on the pay only Thorndale line service on the only store in the online had only been running to and from Melbourne from center city so we're going to be able to complete that lined with some trips not all drugs but some trips will be able to make that whole trip from center city Altis Cornell mail he says another key regional rail line also is getting back up and running the west Trenton line is resuming service so another major line serving people through the northern part of the system and into the Jersey bush says the trains are still going to be running on that lifeline schedule that's about every two hours he says riders will find social distancing for seating when they board those trains and all are going to be required says and to wear face

Andrew Andrew Bush Bush Melbourne K. K. Y. Y. W. Suzanne Suzanne Thorndale Altis Cornell Trenton
"andrew bush" Discussed on KYW Newsradio 1060

KYW Newsradio 1060

01:42 min | 2 months ago

"andrew bush" Discussed on KYW Newsradio 1060

"Five degrees will get up to seventy three today you're listening to in one of the news radio ten sixty for for those who live here we see it all over the all over the world we still do not just the spending all bus trolley and subway service women's center city Philadelphia this at the request to city officials because of the demonstrations with more accurate abuse mark Abrams said the whole the service within city borders the boxes police have labeled it with all bus service suspended south Vine Street north of South Street and east west river to river sept is Andrew bush at this point we expect that it will be in effect for a good part of the day if not the entire day he said trolley routes will be limited to service to and from thirtieth street with service still continuing into the neighborhoods in west and southwest Philadelphia the market Frankford line will continue to operate with service on the west end of the line running between thirtieth street and sixty ninth street east and will continue running between Girard and Frankford transportation center the Broad Street subway will only operate between fern rock transportation center in Girard station on the north side and between Ellsworth federal and energy stations on the south bush says access to limited regional rail service will still be available at both suburban and Jefferson stations were sept the police will limit access only to writers Marc Abrams KYW newsradio fire officials say they've had to fight around three hundred fire since the unrest started on Saturday here's commodities two minutes early in the morning several businesses here at broad and shoe of crossing the only transportation center went up in flames with thick black smoke filling the air was this connected to looting fire commissioner.

Philadelphia Andrew bush Girard Girard station mark Abrams Frankford transportation cente Marc Abrams commissioner
SEPTA suspends bus, subway, trolley service in Center City Philadelphia until further notice

KYW 24 Hour News

01:39 min | 2 months ago

SEPTA suspends bus, subway, trolley service in Center City Philadelphia until further notice

"Has suspended subway bus and trolley service in center city we're gonna go live now to K. Y. W.'s mark Abrams who's following this forest mark well this announcement came less than an hour ago and sept of mated saying that it was doing so at the request of the city this involves suspending service within that box that the the police have described as anything south of Vine Street north of South Street in east west river river now in addition to the of the trolley routes of the buses that are going to be limited it's also the market Frankford line and the Broad Street line but sept is Andrew bush says they're going to give folks who did come in on the market Frankford and Broad Street lines a little bit of a grace period all market Frankford and Broad Street lines were extending the window until one o'clock those closures to go into place we we know that some people had to be you know if I'm in the city today is central workers they have to go home we want to allow some time for that so we're able to keep that open a little longer that in the bus routes and trolley routes and he said that there are limited regional rails that are still going to be operating into suburban station in the Jefferson station he says there is adequate SEPTA police there just to handle those who are going to use the service but he said it's so infrequent now it's it's about two hours for every every line and very limited but that at this point he says those regional rail stations will remain open and again he said that the this is done at the request of the city and he said it's likely that it'll last for the balance of the day Suzanne all right mark thank you cable W's mark Abrams

K. Y. W. Mark Abrams Andrew Bush Frankford Jefferson Station East West River River Suzanne
"andrew bush" Discussed on WBBM Newsradio

WBBM Newsradio

02:34 min | 2 months ago

"andrew bush" Discussed on WBBM Newsradio

"Andrew Andrew bush bush is is joining joining us us former former chief chief market market intelligence intelligence officer officer at at the the commodity commodity futures futures trading trading commission commission he's he's an an economist you can find them online at Andrew bush dot com Andy let's begin with the secretary of state is that he's basically talking about Hong Kong and how it's it's not necessarily separate from China not autonomous right in this is really key because under the U. S. Hong Kong policy act of nineteen ninety two we treat them as fully autonomous for trade in economic matters even after China took control well now it the U. S. says that they're the same as China then that exempts that takes away that exemption of terrorists right they did president trump put on China overall an inmate disallows Hong Kong to import certain set their attention technologies in support in international bodies like the World Trade Organization in other words you it can make it really difficult on China to repair on Hong Kong to remain as stellar piece of financial and trade kind of a special place I'm going forward and I think that's where the U. S. is heading with this because of what China is trying to do and what the Hong Kong government is debating right now about changing their policy towards towards Hong Kong being able to our members of Hong Kong's population be able to say bad things about the Chinese anthem I I I know that sounds a little bit crazy by but it's a sixty five hundred dollar fine a potential three years in jail if you come out in dis on the anthem of the Chinese and this was happening in a sports arenas and that's why they're they're moving forward on it so what's the play here for the United States why come out and say this now well because essentially they're taking their abrogating the agreement China has with actually the U. K. I'm taking over the Hong Kong in keeping it completely autonomous you know two countries or one country two areas have forget what the phrase his I'm sorry I can't remember right now but I I think they're gonna move forward out of the danger for the market why do we care about this is because this could escalate another round of trade war between the United States and China overall on the U. S. could put trade sanctions are raised terrace back on the Chinese on this could disrupt whatever early green shoots that we had a beginning of the day breaking down of of the recent trade war so that's why we care about what goes on in Hong Kong

Hong Kong Andrew bush officer Andrew bush
Pompeo says Hong Kong is no longer autonomous from China, jeopardizing billions of dollars in trade

Noon Business Hour

02:34 min | 2 months ago

Pompeo says Hong Kong is no longer autonomous from China, jeopardizing billions of dollars in trade

"Andrew Andrew bush bush is is joining joining us us former former chief chief market market intelligence intelligence officer officer at at the the commodity commodity futures futures trading trading commission commission he's he's an an economist you can find them online at Andrew bush dot com Andy let's begin with the secretary of state is that he's basically talking about Hong Kong and how it's it's not necessarily separate from China not autonomous right in this is really key because under the U. S. Hong Kong policy act of nineteen ninety two we treat them as fully autonomous for trade in economic matters even after China took control well now it the U. S. says that they're the same as China then that exempts that takes away that exemption of terrorists right they did president trump put on China overall an inmate disallows Hong Kong to import certain set their attention technologies in support in international bodies like the World Trade Organization in other words you it can make it really difficult on China to repair on Hong Kong to remain as stellar piece of financial and trade kind of a special place I'm going forward and I think that's where the U. S. is heading with this because of what China is trying to do and what the Hong Kong government is debating right now about changing their policy towards towards Hong Kong being able to our members of Hong Kong's population be able to say bad things about the Chinese anthem I I I know that sounds a little bit crazy by but it's a sixty five hundred dollar fine a potential three years in jail if you come out in dis on the anthem of the Chinese and this was happening in a sports arenas and that's why they're they're moving forward on it so what's the play here for the United States why come out and say this now well because essentially they're taking their abrogating the agreement China has with actually the U. K. I'm taking over the Hong Kong in keeping it completely autonomous you know two countries or one country two areas have forget what the phrase his I'm sorry I can't remember right now but I I think they're gonna move forward out of the danger for the market why do we care about this is because this could escalate another round of trade war between the United States and China overall on the U. S. could put trade sanctions are raised terrace back on the Chinese on this could disrupt whatever early green shoots that we had a beginning of the day breaking down of of the recent trade war so that's why we care about what goes on in Hong Kong

Andrew Andrew Bush Bush Officer Hong Kong China President Trump World Trade Organization United States Andrew Bush U. S. Hong Kong
"andrew bush" Discussed on KYW Newsradio 1060

KYW Newsradio 1060

01:30 min | 4 months ago

"andrew bush" Discussed on KYW Newsradio 1060

"To wear masks septa quickly walked back its policy that writers were required to wear masks after a video on social media showed police dragging a man without one off of route twenty three box at eleventh and market several officers forced the man off with one lifting the profanity shouting passenger by the leg city managing director Brian Abernathy stressed that officers were responding to a call from the bus driver and not simply removing the man because he wasn't wearing a mask these are responding to the fact that the person was asked to leave the Boston refused the man was not charged sept earlier in the day tried to require face masks for passengers but spokesman Andrew bush said riders are now strongly urge to wear face coverings to slow the spread of covered nineteen he said no one would be removed if they didn't wear a mask and made the confusion over the set the policy mayor Kenney had the bus drivers back in strange times and people are reacting in strange ways but I don't blame the bus driver Mike denardo KYW newsradio as Americans try to stay busy at home scammers are also busy don't trust your caller ID scammers have figured out how to make it show any name or number just because it says Social Security Administration doesn't mean it's the SSA calling your social security number is not about to be suspended no matter what the caller says and your bank account you're not about to be seized don't verify your social security number or any other personal information to anyone who just.

managing director Brian Abernathy Boston Andrew bush Kenney Mike denardo
Philadelphia's SEPTA Regional Rail Cancels More Than A Dozen Morning Trains Due To Employee Call-Outs

KYW 24 Hour News

00:47 sec | 5 months ago

Philadelphia's SEPTA Regional Rail Cancels More Than A Dozen Morning Trains Due To Employee Call-Outs

"Now set to cancel a bunch of regional rail trains this morning because of call outs they say might be related to cover coronavirus worries cable W's mark Abrams has more on that more than half a dozen engineers who called out cost fourteen cancellations on six regional rail lines that impacted service on the manioc Norristown Lansdale Doylestown PA Oley Thorndale media Elwin Chestnut Hill east interest until west lines except as Andrew bush says employees are facing the same issues as their friends and neighbors coping with coronavirus restrictions challenges with finding childcare students to school closures and other related issues so you know we're feeling that impact with our work force just like other businesses or who says ridership was down significant Lee for Monday when compared to a typical Monday he says the surgeons on service going forward for Tuesday and the rest of the week still have

Andrew Bush LEE Mark Abrams Norristown
"andrew bush" Discussed on KYW Newsradio 1060

KYW Newsradio 1060

02:01 min | 5 months ago

"andrew bush" Discussed on KYW Newsradio 1060

"Were started to settle down as the morning rush hour ended but we just saw some recent cancellations in all more than a dozen trips on six regional rail lines derailed by a call out of more than half a dozen train engineers sept is Andrew bush train is required to have a cruise that includes an engineer and a conductor so call outs will impact that service a little more quickly than it will some of the others this is symptomatic is expect to try to keep regular weekday schedules in place for the ride home today but conceded there could also be some cancellations this afternoon he says ridership down considerably from a typical Monday likely due to a coronavirus restrictions managers are going to be decided sometime later today what separates our wrists will look like for Tuesday and the remainder of the week branded already thanks mark and cobit nineteen by the numbers around the Delaware Valley sixty three cases now confirmed in Pennsylvania twenty four of them in Montgomery County another seven in Delaware County city of Philadelphia with six at last word there are four in Bucks county two in Chester County New Jersey has at ninety eight cases that includes four in Burlington county two in Camden County mother to an ocean county and Mercer county in New Jersey governor wolf has ordered restaurants and bars in the four suburban counties to close their dining service for the next fourteen days K. Y. W. Harrisburg bureau chief Tony Romeo reports over the weekend to governor wolf indicated he was reluctant to make mandatory the closure of nonessential businesses such as theatres and hair salons but late Sunday night the governor invoking his authority under a covert nineteen design Astor declaration he signed earlier this month said he was now ordering restaurants and bars in Bucks Chester Delaware and Montgomery counties to close their dining facilities for fourteen days businesses that offer carry out delivery and drive thru food and beverage service may continue to do so in those counties but no drinking or eating inside bars restaurants a statement from the wolf administration says businesses that do not adhere to this order could face enforcement actions in Harrisburg Tony Romeo KYW news.

wolf administration Tony Romeo KYW Harrisburg Montgomery governor wolf bureau chief K. Y. W. Harrisburg New Jersey Camden County Chester County Delaware Valley Andrew bush engineer Bucks Chester Delaware Tony Romeo Mercer county Burlington county Bucks county
"andrew bush" Discussed on WBBM Newsradio

WBBM Newsradio

04:39 min | 1 year ago

"andrew bush" Discussed on WBBM Newsradio

"Dow is up seventy two points. The NASDAQ is down four and a half the s&p five hundred up six WBZ news time twelve ten. Discussing the news affecting your money, the WB noon business hour continues in a few moments. We're going to take a look into the world of robotics and how they're making inroads into the workplace. But first, let's talk about President Trump's new threat to raise tariffs on Mexico, and which companies stand to lose our guest is Andrew Bush, former chiefs market intelligence officer at commodity Futures Trading Commission and political economist, Andrew Bush dot com here in Chicago. Welcome back to the noon business hour Andy who, who is set to get hurt here as it stands. I think clearly we're talking about the mid west, and let's talk about the area that we're in which auto manufacturing and auto parts and auto out today and said that they will be -nificant increases in the cost of engine parts and a lot of other components in which they put in their auto. So I mean that's just. Scratches the surface, the problem with the parents and they're going to go into effect on Mondays five percent increase, and then if they don't get an agreement I think they go up to twenty five percent by Kober on the problem is there's so much that goes back and forth across the border. It's not just a one way flow of part of, of manufacturing really throws a monkey wrench into a lot of the supply chains. The route there for US manufacturers and it certainly is problematic from many fan points. I is far as supply chain code, the losses really bad from the standpoint of he just had an agreement. The NAFTA agreement that the president actually before the congress, do you know, get signed, and now he's somewhat blowing that up. So on this is this is problematic for a lot of manufacturers and a lot of people in the country, it also seems as though the, the talks if there are talks at all or are being composed at. You know, just one percent is going on having a news conference, and that's not really discussion. Yeah, it's not crazy waiting negotiate. That's for sure in the president ninth year. Obviously, he's at the twenty meeting and so his tweets about what's going on with Mexico. It's kind of hard to figure out who we've talked to when he talked to them. I picking it step back. This is part of the biggest problem for the market, so brawl is obviously, the trade war with China, and now we've got uncertainty over what's happening with Mexico and on this, you know is somewhat offset by the announcement or at least the comment yesterday by federal Powell talking about the fed would of course, monitor the trade situation and be able to step in and ease monetary conditions are, if that occurs in so back to what we've seen this really big rally over the last couple of days because the fed has indicated that they would quite possibly shift and cut interest rates. Maybe it since the end of this month to their next meeting, but the market's pricing and twenty five percent. And then at their next meeting, the pricing, and seventy five percent chance of a twenty five basis point rate, cut very quickly, Andy if tired tariffs go into effect on Monday. How will the American car consumer? See that reality in the sticker price of a new car. Yeah, I'm not sure how fast this is going to translate them. Not how going quite so that's a little bit up in the air. What we do know us that would Jordan parrots are paid by US consumers. I e one estimate 'cause with China that the trade is cost that trae, wards costing US consumer six hundred billion dollars so far this year. So, I think regardless of what the president says about the he likes tariff, the tariff man, I think he wants to risk of creating a lot of higher costs for you. It's consumer me something to think about as we head into the twenty twenty election and democrat presidential debates that occur at the end of June. Anti-bush Indra Bush, former chief markets intelligence officer at the commodity Futures Trading Commission and political economist at Andrew Bush dot com. Thank you for joining this afternoon on the WBZ noon business hour coming up, how robots are changing the American workplace WBZ news time twelve fifteen. The new state farm drive safe and save app. Could get you a discount up to thirty percent.

US president Andrew Bush Mexico Kober WBZ Andy officer Indra Bush Dow China fed NAFTA Chicago trae Trump congress Powell
"andrew bush" Discussed on WBBM Newsradio

WBBM Newsradio

05:53 min | 1 year ago

"andrew bush" Discussed on WBBM Newsradio

"Next segment, but right now, President Trump's replacement for NAFTA facing problems in congress while British Prime Minister, Theresa may is lost her latest bid to get a Brexit deal approved. We welcome in Andrew Bush, former chief markets intelligence officer at the commodity Futures Trading Commission and political economist Andrew Bush dot com based in Chicago bandy, welcome back to the show. Let's talk about what's happening across the pond in Great Britain. It seems every time Prime Minister Theresa may sends another Brexit deal up to parliament it gets voted down. And the clock is ticking to win Great Britain is supposed to sever itself from the European Union. So what what what's happening over there? Well, my goodness. What a mess, right? If anybody can make the United States, look, like a shining Baker of of something that makes sense Britain can do it because Brexit is just a mess right now, they can't seem to figure out whether they wanna leave whether they want to stay if they should have another referendum if they should have another general election vote in new leaders what we do know is that they keep voting down whatever deals that occurred, prime minister may brings before them. And right now as it stands, they just don't have a deal. So the likelihood of a hard Brexit is going up significantly and we have until April twelfth where the EU is has allowed Britain to postpone, obviously, this was supposed to happen on the twenty ninth to know what Britain stance was going to be. But they've allowed that to go to the twelfth of April. The EU all twenty-seven countries would have to vote to agree to extend that beyond that date. So. That's the only thing we really know. Right now, it's a mess. And there are some dates coming up that we have to keep a close eye on is it possible that they can hold another referendum disparate. And the last three years didn't happen. Yeah. They can always do that. Right. But can they hold it within the timeframe of April twelfth, or you know, obviously would need the EU to give them some additional time to do that. They may not even need to hold the referendum. They could just as leaders say. You know, what this isn't gonna work? We tried to do it. It's not going to happen on. They could always have that stance. Which is a lot of people don't understand. So I think this is going to go on it's going to continue to go on for a while. But I just think the realization by the British people that this is such a train wreck in the major economic problems it causes for the country outweigh leaving. What does this mean for the United States? Andy. Well, it's interesting because if you get a hard Brexit, then for the United States what that means is that the EU has to negotiate a new trade deal with the UK. And really what that means is then all of business being done in the UK is going to be hampered by that, but for the United States for the United States than it brings up the question of whether or not we have to sign up for a new deal or agreement with the EU if the UK does. So basically, whatever the EU does to the UK it's kinda gonna come the same way towards us. So that's what we've got to keep an eye on in the world of the devil is in the details on trade deals. President Trump's NAFTA replacement also facing problems in congress. What's tying it up on Capitol Hill. Yeah. There's a lot of reasons for it to be tied up. You know, it it. It's up to the leaders of the house to bring it up for a floor vote. There are some questions about whether or not they can they would do that. They they, you know, we just taking a step back for we still have steel and aluminum tariffs on Canada and Mexico. I think both of those countries have said that they're not gonna move forward to vote themselves unless the US gets rid of those duties, so so that's probably the first thing. And I think also there's, you know, just Chuck Grassley who's the Senate finance committee chairman also said this week that tariffs in Mexico and Canada would have to come off as part of the approval process. So that's probably the first thing we need to see is those steel aluminum tariffs, come off, Mexico and Canada, really get things moving. Let's take a look right now at the US consumer spending personal. Income data are showing the economy's slowing swiftly in the new year is one of the headlines that we've seen today. Tell us about this. Yeah. I mean, first of all I just want to warn everybody. You gotta be really careful looking at these numbers for January. I even in the February the there's just kind of a mess of data between the end of the two four indique-t-on because of the government shutdown. So and and there were also some tariffs that we're going to be put on China, which changed behavior as well. So just a really careful looking at the data that we're getting out. I know the Federal Reserve is very careful looking at this as well. But to your point consumption was really low the inflation data sets preferred PC e number was really low what it means is that there's soil gross in the first quarter from what we can tell somewhere between one and a half to one point seven percent GDP and for inflation. There's just not anything there like one and a half percent. Maybe. So this leads the markets to believe. That the fed now is gonna stay on hold. But they're starting to price in a rate cut for twenty twenty and that's certainly lifting the SNP. Very well. Thank you very much for joining us this afternoon. Andrew Bush, former chief markets intelligence officer, the commodity Futures Trading Commission and political economist Andrew Bush dot com based in Chicago coming up next. Why this may be a good time to buy a home? If you can find the right one WBZ news time twelve fifteen. What does building a better Bank? Look like it starts with building Capital, One cafes.

European Union United States Andrew Bush Britain prime minister UK President Trump Chicago Great Britain congress Brexit officer Prime Minister Theresa NAFTA Mexico Canada Federal Reserve
"andrew bush" Discussed on WBBM Newsradio

WBBM Newsradio

02:56 min | 1 year ago

"andrew bush" Discussed on WBBM Newsradio

"Market watch the markets are down so far this afternoon. The Dow is down one hundred twenty seven points. The NASDAQ is down Fifty-seven the S and P five hundred down. Fifteen WBZ news time, twelve fifty. Loathing useful information, each weekday the WBZ VM noon business hour continues. Starbucks says it is planning to start accepting bitcoin later this year. But some experts say that would be an extremely burdensome move. We are talking with here about this with. Welcome in Andrew Mahjong page. Former chief markets intelligence officer of the commodity Futures Trading Commission. We have copious notes here on the doing business. Our so. This just let you know. We are well informed. Welcome political economists at Andrew Bush dot com. Andrew a test. Our knowledge on any subject whatsoever. Well, this is you know, this is a really interesting development in the evolution of crypto currencies and bitcoin being the major one. And and it was one of the questions we grappled with when I was at the agency the CDC was the first agency government agency to approve a futures contract time, bitcoin, and it was always the use of it. Right. Who would use it? And when you're looking at currency is one of the things you you try to look at is whether or not it is a medium of exchange in the problem with bitcoin is that the IRS taxes it, right? And so it's more like an asset than a currency. That means from where you bought it at whatever price, it is to where you use it or sell it, you know, that price difference you could run into, you know, a lot of tax problems because you got to pay the the government on if it's appreciated in value. Now. Good news, bad news is bitcoin. Gone down so much that you would be doing is taking losses at this point. But assuming that goes up in the future if you buy Starbucks, you gotta figure out the tax Coutts glances. I gotta tell you. When I first saw this news that I was thinking, what is this a status thing? You know, I pay with with bitcoin for my coffee. I mean, why do people want to do that? I think a lot of people who are earlier doctors of it. You know, they want to get it bigger. Use case out of it. Starbucks being a part of that. And they're part of the backed the K K T ice program right now. And so I think they're they're trying to demonstrate that this can be used. It can't be a fungible currency. Let me not fungible, but it can be a currency. It's a digital currency. So broader adoption in in broader, use it, it always enhances the value of it. And that's really what they've struggled with ever since its inception. Well, thank you very much for the insight. Andrew Bush, former chief markets intelligence officer at the commodity Futures Trading.

Starbucks Andrew Bush officer CDC IRS K K T
"andrew bush" Discussed on KYW Newsradio 1060

KYW Newsradio 1060

01:55 min | 1 year ago

"andrew bush" Discussed on KYW Newsradio 1060

"Jim up master. Good morning. I'm Frank trainer. Our top story. Septa transit officers are on strike this morning after walking away from contract. Talks dispute over work rules, the story from KYW's Marc Abrahams. Some one hundred eighty rank and file officers were members of the fraternal. Order of transit police are now off the job the Union's vice president Troy Parham blamed the breakdown in the talks on septa negotiators. We thought we were close to a deal. And then they came back in with a deal that wasn't what they told us. It was going to be harmed says the union wants to resolve the dispute quickly. It's not fair to my members is not fair to the union is not fair to the riders on septa. And it's something that we can get resolved in a few minutes. Sept- his Andrew Bush says the transit agency has a coverage plan in place. There are forty nine septa police supervisors who remain on duty. And they will work twelve hour shifts to patrol the system. We're also working with the Philadelphia police department to help us cover patrols and respond to calls and suburban police depart. Are also assisting us. Bush says septa negotiators are ready to resume talks at the call of the union the last strike by the transit police union was in two thousand twelve it lasted about a week from set the headquarters, Marc Abrahams, KYW NewsRadio. While the Glen mills. School denies any wrongdoing. There's growing pressure to have multiple independent investigations of the nation's oldest reform school over allegations of child abuse cover cover-ups, here's KYW Steve Taylor councilman Kenya. Johnson wants Philadelphia to cancel its contract with Glen mills and a change in leadership always been known as a culture of violence at the criminal schools councilwoman. Helen, Kim says it's not just a few bad apples. They're horrifying abuse. The potential of conspiracy around cover-ups and the shameful response of Glen mills leadership has shocked us all Christina Mona staff. Attorney for the education Law Center called for the State Department.

Union Marc Abrahams Glen mills Andrew Bush Philadelphia KYW Jim Frank Troy Parham Christina Mona vice president Kenya Steve Taylor Helen State Department Attorney Johnson
"andrew bush" Discussed on KYW Newsradio 1060

KYW Newsradio 1060

01:48 min | 1 year ago

"andrew bush" Discussed on KYW Newsradio 1060

"Call for independent investigations of the nation's oldest reformed schools has been known as the culture at the Glen mills schools. I'm Steve Tabor. Alex trebek's has announced he has stage. Four pancreatic cancer is in for a serious battle. Got your Brian is data smarts. A flyers were homemade lost Washington. The Sixers on the road. They lost district cargo weatherwise, cloudy, windy and cold twenty-six now on the way down to sixteen. Good morning. I'm Frank trainer. Our top story at twelve thirty one. Septa transit police officers on strike this morning after walking away from contract talks all in a dispute over work rules more from KYW's Marc Abrahams. Someone hundred eighty rank and file officers were members of the fraternal. Order of transit police are now off the job the Union's vice president Troy Parham blamed the breakdown in the talks on the negotiators. We thought we were close to a deal. And then they came back in with a deal that wasn't what they told us. It was going to be pardoned says the union wants to resolve the dispute quickly. It's not fair to my members is not fair to the union is not fair to the riders on septa. And it's something that we can get resolved. In a few minutes set. His Andrew Bush says the transit agency has a coverage plan in place. There are forty nine septa police supervisors who remain on duty. And they will work twelve hour shifts to patrol the system. We're also working with the Philadelphia police department to help us cover patrols and respond to calls and suburban police departments are also assisting. Bush says septa negotiators are ready to resume talks at the call of the union last strike by the transit police union was in two thousand twelve it lasted about a week from set the headquarters, Marc Abrahams, KYW NewsRadio. At.

Union Marc Abrahams Glen mills schools Alex trebek Sixers Andrew Bush Steve Tabor KYW Brian Troy Parham Philadelphia vice president Frank Washington twelve hour
"andrew bush" Discussed on KYW Newsradio 1060

KYW Newsradio 1060

01:43 min | 1 year ago

"andrew bush" Discussed on KYW Newsradio 1060

"Call for independent investigations of the nation's oldest reform school has been known as a culture of balance at the criminal schools. I'm Steve Taba. Alex trebek's has announced he has stage. Four pancreatic cancer is in for a serious battle. Ryan mcdonagh. Benchmarks of fires were at home. They lost to Washington five to three the Sixers on the road. They just tied it up at one. Oh, six against Chicago there late in the fourth quarter. It's cloudy, windy and cold twenty-six. Now, we're on the way down to sixteen. Good evening. I'm Frank Traynor. Our top story at ten thirty one septa transit officers on strike tonight after walking away from contract talks in a dispute over work rules, which KYW's Marc Abrahams. Some one hundred eighty rank and file officers were members of the fraternal. Order of transit police are now off the job unions. Vice president Troy Parham blamed the breakdown the talks on set the negotiators. We thought we were close to a deal. And then they came back in with a deal that wasn't what they told us. It was going to be pardoned says the union wants to resolve the dispute quickly. It's not fair to my members is not fair to the union is not fair to the riders on septa. And it's something that we can get resolved in a few minutes. Sept- his Andrew Bush says the transit agency has a coverage plan in place. There are forty nine septa police. Supervisors who remain on duty. And they will work twelve hour shifts to patrol the system. We're also working with the Philadelphia police department to help us cover patrols and respond to calls and suburban police departments are also assisting Bush says septa negotiators are ready to resume talks at the call of the union last strike by the transit police union was in two thousand twelve it lasted about a week from septa headquarters, Marc Abrahams, KYW NewsRadio. At.

Marc Abrahams Sixers Alex trebek Steve Taba Andrew Bush Ryan mcdonagh Frank Traynor Vice president Troy Parham KYW Chicago Washington Philadelphia twelve hour
"andrew bush" Discussed on WBBM Newsradio

WBBM Newsradio

05:55 min | 1 year ago

"andrew bush" Discussed on WBBM Newsradio

"Sunshine throughout the day. But very cold high of just fourteen and wind chills below zero all day long right now eight at O'Hare Tanit midway and twelve along Chicago's lakefront on Wall Street, the Dow is down one hundred seventy points. Nasdaq is down thirty one the s&p down twelve and oil today is flat. WBZ news time twelve ten. Conversation. That's on the money. You're listening to the WB B M, noon business hour accusations denials, the spectacle of Amazon boss Jeff Bezos, accusing the National Enquirer publisher of black male. And now sounds like the feds are getting involved. We'll talk about that story. Coming up next right now concerns surrounding the ongoing U S, China trade conflict and a slowing global economy or helping to push financial markets lower today, joining us to discuss some of these macro economic issues. Andrew Bush, former chief markets intelligence officer at the commodity Futures Trading Commission, political economists had Andrew Bush dot com based here in Chicago, Andy, it is sounding at least from some of these reports like the US and China aren't aren't really anywhere close to any kind of a trade deal went what are you hearing? Well, first of all if you've got a deadline. Why would you do a deal before the deadline, right? So just keep that in mind. But I think it's great to take a step back and provide some context for the audience here is like why are these trade issues coming up now between China and the US it's really bigger than the trade deficit really ever since China joined the WTO the World Trade Organization, they've really not acted as a good faith trade partner, they'd either stolen or copied many of US manufacturing's intellectual property along with other companies intellectual property and this helped drive a lot of production to China along with cheaper labour costs. So as well, they required a transfer of technology from US firms wanting to do business in China, and this is really lead to a China taking a dominant role in manufacturing. So this is the backdrop of these trade negotiations that are going on right now. And you're right Cisco they're not going really well a couple of weeks ago. I was writing clients warning them about this coming and sure enough we've just seen some of the. That come to the fore, especially the reports that we're getting about the potential executive order that's coming to ban all of Chinese telecom equipment in the United States is a good example of that. So how do they you talk about about stealing intellectual property? How do they do? This is this sort of online cyber theft is that they import a product and then figure out how to make it is something else. I mean, what are they doing here? Well, I mean, reverse engineering the product is one thing everybody does that. Right. But it's when you're requiring firms that want to do business in China with a partner there to transfer over the technology to that Chinese firm, that's part of Chinese state policy of China twenty twenty-five so start there. I mean, that's really bad. Then we just have lots of stories over the, you know, ever since China joined the WTO in two thousand and two cyber stealing. You know, I think you could most probably about twenty different things, she's Google and you'll see it. And why is is the biggest baddest telecom company on the planet, then the largest manufacturer and telecom equipment, and in two thousand twelve congress came out with a report that said, hey, this stuff could be used to spy on Americans. And just recently a UK report came out and said there's serious lapses here with cyber potentially in the Hawaii software. So. It's not just the US saying this. It's also other countries EU is working on some things there as well. So that's kind of how it works. So when we heard a couple of weeks ago that China may be offering to get rid of the trade deficit over a period of years, you know, to level it off that it doesn't sound like even if that is possible n even if that is something they agree to it doesn't sound like that's good enough. Because you have all this intellectual property stuff in the background. And that's a great point absolutely spot on the easiest thing to do would be. It'd be great from the mid west. Don't get me wrong. I mean, the greatest thing would be for US farmers people. So a lot of additional agricultural products in China, and we do that we're very very good at that along with energy. We're we're really good at tune that as well. But it doesn't get at the heart of the issue. We had hollowed out our manufacturing in the United States by allowing this to go on for a long period of time. And it's not just I mean, it it it really started under the Bush administration. The Obama administration did some things pretty good as well. But really, no one address this poor prob. That has developed ever since then. And and that's what we gotta get it. And this is a challenging component where you're asking the country to change its behavior and really behavior the good actor when it comes to trade instead of a bad actor, and I think that's where it's going to be very challenging to come up with an agreement by three one, let alone have a verification process in place. Yeah. Very quickly and D think the global slowdown in specifically the slowdown in China. You think that may push China to come to some kind of an agreement. Well, it certainly in their best interest to get something done. And and and it's really in the whole world's best interest to get them to be a good actor when it comes to trade. Their slowdown is definitely putting pressure on their political people because they're the ones who are making decisions for the business. And it's also hurting the United States as well anybody's importing from China being injured as well. With those tariffs in again. The tariffs are gonna go from ten percent to twenty five percent two hundred billion dollars worth of goods as of March second. If no agreement is made and. Andrew Bush, political economists you can find them online at Andrew Bush dot com. Thanks for being with us. Coming up. Federal prosecutors are now in the game the latest on Jeff Bezos versus the publisher of the National Enquirer WBZ news time, twelve fifteen. What are you doing.

China United States Andrew Bush World Trade Organization Jeff Bezos National Enquirer Chicago publisher partner Amazon Tanit Google congress EU theft UK
"andrew bush" Discussed on WBBM Newsradio

WBBM Newsradio

05:31 min | 1 year ago

"andrew bush" Discussed on WBBM Newsradio

"Gains on Wall Street. The Dow industrials up seventy one points, the NASDAQ gaining fifteen s and p five hundred up a fraction of point WBZ. News time twelve twenty. Cash credit debit and totally free. The WB VM noon business hour continue investors in a Canadian crypto currency exchange are believed to be locked out of more than one hundred forty five million dollars in assets after the death of its co founder and CEO in December. Let's learn more about the case and the future of crypto currency from Andrew Bush, former chief markets intelligence officer at the commodity Futures Trading Commission, current political economist at Andrew Bush dot com based here in Chicago, Andy, this is a fascinating story. And we want the details on it. But before we get into that. I think it's still young enough that we need you to sort of give us a little primer on crypto currency. Wh what exactly are we talking about? Well, I mean, these are the digital currencies that have been blasted out ever since the dramatic wise, bitcoin, that's probably the best known wine. And there's there's probably I'm guessing right now, there's probably about fifteen hundred of these different type. Currencies out there with the three main ones that were, you know, the people that were trading on this Canadian exchange our platform, I should say was bitcoin light coin in cerium. And so, you know, these these are very different animals than just your normal securities, and there's all sorts of issues surrounding safety and security and privacy when it comes to virtual currencies and crypto currencies and that that gets at the heart of what happened in Canada. Yeah. Tell us about this because I guess this is one of the challenges that people were afraid of when it came to crypto currencies. I mean, what they were trying to do that that what what they call an exchange which is not an exchange, and when I'm going to be really clear about that. So people understand this in the crypto world in these virtual currency worlds. They call these places where they trade currencies exchanges. They are not regulated exchanges at all. These are platforms for the most part that have a lot of problems with them. If you want. Learn more about that good on the New York state attorney general's virtual markets initiative report that they did and you'll have your eyes open dramatically needs things are really different. They have a lot of problems with security. They have a lot of problems with just things like insurance or capital buffers and all sorts of things and this lady in exchange that they're calling themselves the platform on they took the virtual currencies. These digital currencies in took them out of the the platform and put them in what they call cold storage where he separate computer system. And what happened wise was that the the head of the the platform passed away without sharing the code for getting into the cold storage, where where I think it's approximately about one hundred and forty seven million dollars worth of of these digital currencies are stored. So it currently there's no way to get access to that. And he's Canadian investors. Have all lost their money, and that gets at the heart of the part of the major issue with virtual currencies as so are we watching a basically a growing pains of a new industry or are we watching the beginning of the end? No, it's growing pains of a new technology. What are not all the ICO's that came out in twenty eighteen or twenty seventeen. Those are the initial coin offerings whether those are viable or not or even whether or not bitcoin survives. That's not really the key here. The key is the combination of three or four different technologies that were brought together to create bitcoin. The fact that bitcoin has a futures contract on it tells you that it's already a success truly. I mean, if it goes down in value goes down in value overall by I think, that's the thing that people don't understand that. Everyone says oh, look at bitcoin and went from eighteen thousand thirty four hundred were currently is it's a failure. That's not true. It's it's a huge success. As far as bringing this forward is this new technology is developed and blockchain which is really important part of that technology. I don't wanna get too far into this is super important that is being Utah. Sized across so many different or attempting to be utilized. I should say across many sectors of the economy. Probably the best known as WalMart, which as all their vendors to go on their blockchain and by September. And of course, that gets at the heart of what they're worried about back in in in thanksgiving, which is the great Romain lettuce scare of thanksgiving and trying to figure out the best way to track down who sourcing that romaine lettuce. So just to kind of a quick overview. Out there. And I'm sorry. But it's fascinating time in this technology space. It's definitely fascinating. And we're going to watch how how it is to refund. More than one hundred thousand dollars of users. Andy, thanks so much for joining us today. Andy Bush, former chief markets intelligence officer at the commodity futures trading exchange and current political economists, Andrew Bush dot com. WBZ news time twelve twenty five. Let's get a look at Wall Street with Bloomberg. Here's a Lisa parental. Well, Cisco we don't quite have the gains. We had earlier, but we're still in the green with the Dow up ninety five or a third.

Andy Bush Andrew Bush officer Canada Chicago co founder Cisco cerium ICO Bloomberg CEO New York Lisa Utah WalMart
"andrew bush" Discussed on WBBM Newsradio

WBBM Newsradio

05:58 min | 1 year ago

"andrew bush" Discussed on WBBM Newsradio

"Wall Street, the Dow up three hundred and fifty three points, NASDAQ up ninety s and p up thirty five oil today is up right about three percent. WBZ news time twelve ten. Money talks as the WB B M noon business hour continue net flicks issues. It's quarterly report. And it includes a hit and miss. We're going to cover that in our next segment right now, there appears to be some movement in the trade negotiations involving the US and China, we're joined by Andrew Bush, former chief markets intelligence officer at the commodity Futures Trading Commission and also political economists at Andrew Bush dot com here in Chicago, Andy, thanks for joining us today. What is China offering? Yeah. It's pretty interesting the China it's been leaked out through some of the trade negotiations that have occurred already in January that they're offering to buy a very large amount of US goods, including energy manufacturing and agricultural products to the tune of a trillion dollars over six years to effectively reduce the trade imbalance between the United States and China zero by twenty twenty four. So we also have heard that is secretary Mnuchin Treasury Secretary Mnuchin is said to be thinking about reducing some of the tariffs on China is well as most people know March I is the end date for when the ninety day period rolls off and really a large amount of tariffs start to hit the Chinese goods. You move from ten percent to twenty five percent on two hundred billion dollars worth of Chinese goods if there's no trade agreement. So this this is showing some. Some movement, and that's got the markets very excited. And where is the US during this period? Well, I think as far as the United States goes, we have really, you know, to provide some context, you're the United States is rethinking and strategically attempting to redo the world trade order because the Trump administration believes that it's it's really just no longer serving the US interests. So with that in mind, the US is reworking the NAFTA agreement into the US MCA on and also we're looking at trade agreements in negotiations with the EU, Japan and China, and so if you if you take a step back and look at China, I mean that three hundred twenty three billion dollars. If you make that goal way, you know, in the way that we calculate GDP. It all goes to the bottom line of GDP. So we would see higher economic growth in the United States if you would eliminate that trade imbalance now, I it's sort of maybe tough to do this. But potential winners and losers if China does indeed do what has been leaked out. It seems like some manufacturers and producers would be. Really happy. Maybe some other manufacturers not so much. Yeah. I think you know, here we are in the mid west of the country. We're we're very closely aligned with the agricultural interests. And so we export a lot of greens into that country. Soybeans corn and so on. So it would be really great for those people. I think the tariff that China tossed on one hundred billion dollars worth of good obviously included agriculture in and that was like a thirty five percent tariff. So the farmers that are in our country are going to be some pretty big winners. Energy producers, all the large energy companies. But also anybody who's involved in fracking that kind of stuff natural gas included in that. So those would be the big winners. It really goes to question of how we negotiate with the Chinese on on the technology transfer that it's been a big sticking point. What are tech companies lose out because China continues to steal intellectual property? I I don't know we have to get the details. I on that. Now when it comes to retailers in the US they. Obviously of enjoyed a had a lot of success selling things cheaper because they are made in China. It sounds like this is a deal that would still allow that to continue. Yeah. And that's a great point. You know, there's a lot of people who sell items on Amazon that have been dramatically negatively impacted by these terrorists. And I and I think it's really blown up their business plan so small businesses do a lot of selling Amazon day would they are being hurt dramatically by the increase in cost. So to your point and consumers as well. Right. As those costs go up they have to try to pass them along. It's mainly been eaten by the suppliers right now. So, you know, US companies that are importing from China are the ones that are getting hurt the most. But you're right over all the great untold story of our relationship with China is just how much it's helped consumers because it's reduce those costs down so dramatically. It stretched our dollars of of what we've earned so we can buy more with less a couple of times during these negotiations. Something had been reached. And then it wasn't reached at all. All how what is the house the trust level? Now. You know? That's that's really where the rubber meets the road. Right. Trust is the key. And that's you know, you go back to Ronald Reagan Saint trust. But verify, and I think with China, that's the key. You know, it's a continuum Chris there's certain things that we're going to agree to right away with them stuff like cybersecurity intellectual property theft. I think is is pretty high up there. But you know, the charter twenty five in the subsidies to domestic firms in China every country has a sovereign right to promote their own domestic policy. So those are going to be much more difficult to get done overall. So I think that's that's the challenge of the situation. So trust is a big question. Mark clearly on the negotiations, Andrew Bush. Thanks for the inside. Andy is a political economists. You can find him online at Andrew Bush dot com coming up. Netflix shares fall after a mix turnings report, but many analysts remain calm. Confident about its future. WBZ news time twelve fifteen. Stay tuned for your chance.

China United States Andrew Bush Andy Chicago Amazon Netflix secretary officer EU Mnuchin Mark Ronald Reagan Saint Trump administration
"andrew bush" Discussed on WBBM Newsradio

WBBM Newsradio

06:04 min | 1 year ago

"andrew bush" Discussed on WBBM Newsradio

"Down seventy four NASDAQ down twenty five the s&p down six points and oil today down nearly two percent WBZ news time twelve ten because money matters. This is the WB B M noon business hour, the Consumer Electronics Show is winding down. We'll have a live report from Las Vegas in our next segment right now, the partial shutdown of the federal government will become the longest in history as as of tomorrow, let's discuss the growing impact with Andrew Bush, former chief markets intelligence officer at commodity futures trading. The commission and political economists and Andrew Bush dot com here in Chicago. Indie. Welcome back to the business. Our it's great to be on. Let's let's talk about the growing impact with this strike. Yeah. I think what people don't understand is that, you know, we're nation of of laws and rules and regulations, that's the strength of the country. And when you start to shut that down it impacts so many businesses across the spectrum small businesses, large businesses. You know, teachers will get agriculture that, you know, they don't get any data or services from the USDA telecom. There's no, you know, you can't file any complaints. And there's no emanate done that that big sprint and t mobile merger. It's going to be put on hold just as a couple of examples that are out there. They'd show where this is hurting. And now we're starting to see communists, reduce their estimates of GDP for the fourth quarter and potentially for the first quarter as well. So it cuts across the entire economy. And in in fact, today, the air traffic controllers sued the Trump administration over there, frozen paychecks. We getting reports out of the TSA in Miami that they're gonna shut down one big part of the Miami airport, and these are workers that you know, happen without a paycheck. Obviously today's the first day that most of these workers don't have one, and you know, you feel horrible for these people. There's a lot of people that live paycheck to paycheck, and they're gonna miss out for the first time. But more importantly, I mean, we we want this to end we we everyone wants to negotiated settlement somehow to get this done. So that the country can move forward from a political standpoint, though, it doesn't seem necessarily at least at this point that there's a reason for either side to give in. Supporters of each side seemed to like what's going on here? In fairness to both sides. I mean, the president has said he was elected on the border wall issue. So I understand that he's pushed that forward. Just as the Democrats were elected in the house to take over the house. I think to fight him on that. And I don't speak for them. But I think that's the dynamic here. And you know, the president is probably made it known at this point that he's going to move forward on using emergency authority that she is declared to pay for a border wall. Did he wants funded at five point seven billion dollars? And that means it takes the fight out of congress and kicks it into the courts, and maybe this is a way forward to get the government reopen. So you know, whatever side you come down on no one's going to be happy with this outcome. But I think everyone would like to see the US government open in functioning the worst thing to me that could happen would be a transport know transportation related incident, a terrorist type related incident that would really who does says a nation, which is don't wanna see any. Nobody injured so we'd like to get the government open and operating earlier, you touched on some of the impact of this some of the ways that it's being seen especially in the economy. Is there a way to know if that is temporary? And by that I mean at some point this is going to ended workers are going to start getting paychecks again. They're going to start spending money again does it end up being awash or or not? Well, initially on like, if you think about retail sales, you know, certainly for those government workers are not spending money right now consumer companies are going to be hurt by this. But it should be somewhat temporary, especially when it comes to food stamps. Hopefully, those will go out as well. So maybe it's just laid as far as going into the first quarter. But what happens is, you know, what I mentioned the SEC in the TC. They're delayed for moving forward on issuing companies issuing debt or equity or trying to get new products financial products through that hurts me Connie that delay hurts the economy overall. And of course, it's a reputational thing is well people lose trust in our wonderful financial system in our wonderful rules and regulations in water that we had that makes this nation. So good at it creating jobs in businesses. That's that's really the longer term impact of what's happening. Now. What are the what are the markets making of this? I don't think they're taking it that seriously. They worry about it. You know, what transportation related incident would make them sit up and take notice, obviously, they're more positively affected by what's been said by the Federal Reserve Jay Powell when he came out and said that of course, they're looking at the financial markets and how they're reacting to fed policy. It of course, the news on China. So those two things are outweighing what's going on as far as the shutdown goes. And I think rightfully so that's what they're focused on. Let's talk about CPI drops for the first time in nine months. The what's the significance of that? Yeah. I mean, it takes away the narrative bet it'd been building in December with the Federal Reserve that they were gonna raise rates two or three times on certainly from an inflation standpoint. They just the debate is just not there to support an aggressive fed at this point for the markets. They love seeing that kind of software data because it really puts pressure on the fed not to continue to raise rates two or three times. And it takes that narrative away from the market. So that's how I look at CPI right now. Thanks so much Andrew Bush political economist you can find them online at Andrew Bush dot com up next to a final live shot from this year's Consumer Electronics Show. WBZ news time twelve sixteen. Stay tuned.

Andrew Bush Federal Reserve president USDA Las Vegas Miami congress officer US Chicago China TSA SEC
"andrew bush" Discussed on KYW Newsradio 1060

KYW Newsradio 1060

02:51 min | 1 year ago

"andrew bush" Discussed on KYW Newsradio 1060

"Cars. Two crashes and crawling through the sewer. That's only part of the story of a wanted man from New England and police in Delaware County today were able to track him down PBS three reporter Joe. Holden has details. The FBI alerted law enforcement about a kidnapping and sexual assault. Suspect named Everett Simpson. His crimes police say happened in Vermont and New Hampshire Simpson. Surfaced in suburban Philadelphia Sunday afternoon. I in prospect park police using a license plate reader located Simpson in a stolen car. He crashed near the laurel manor apartments and took off later. He was witnessed in a storm drain near the primus swim club his Ron wouldn't end before he allegedly stole a car from a woman removing. Groceries. He was done in because the woman left her cell phone in this stolen vehicle superintendent of upper Darby township police Michael Chitwood two of our upper Darby detectors out on the scene are able to ping the phone and they'd ping the phone down to south avenue where Ridley township picks up the vehicle and then another change begins Simpson got into a second crash near the coals in Springfield. He was taken to the hospital to be checked out. He is facing a slew of charges. I'm Joe holding CBS three eyewitness news for KYW. Newsradio patients in every city of the country. Can now get a second opinion on brain tumor treatment from Philadelphia institution. KYW's Lynn Atkins. Has that story a patient? Suffering a blast Joma in Grand Forks, North Dakota can now easily get a second opinion from a brain tumor specialist at Penn medicine in Philadelphia. Dr Steven Brown, co director of the brain tumor center says telemedicine gives this access. S to anyone in need anywhere. Now, you can have all your information codified digitized, and I will be reviewing that. And I'll be working directly with the patients local physician. This allows a patient with a brain tumor and Suardi for example, to have expertise here without them taking a plane clinic collaborate with the local doctor to come up with the best course of treatment at the best facility closest to the patient's home Lynn, Adkins KYW, NewsRadio septa is requiring use of the septa keycard to get through turnstiles now in place breakfast to a key rail line. Hey, by ws, Marc Abrahams has the story except his Andrew Bush says beginning at five thirty Monday morning riders will find they need the septa key for another route. We have turnstiles being activated for Norristown high speed line writers who board at sixty nine street transportation center and at Norristown transportation. Bush says riders will have to use a set to key weekdays until nine pm just transitioning from being.

Everett Simpson Lynn Atkins upper Darby township Philadelphia Marc Abrahams Andrew Bush Holden Delaware County Newsradio Philadelphia institution Joe FBI New England reporter Grand Forks Vermont CBS Ridley
"andrew bush" Discussed on KYW Newsradio 1060

KYW Newsradio 1060

02:02 min | 2 years ago

"andrew bush" Discussed on KYW Newsradio 1060

"Union 24 hour traffic center kyw news time twelve three in as you just heard from the traffic center those delays remain on the regional rail lines kyw use mark abrams joining us live from the news room with the latest on sept a situation marked grosses in septa store reporting delays on the regional rails of at least an hour or so on some lines of those delays are slowly abating on others cefta's andrew bush suggests that commuters consider their options for the next couple of hours is at all possible quick alternate roads except the transit and then we'll keep people updated into the day as we work on getting service back knows alternates the market frankfurt elder broad street subway the trolleys in the buses in the meantime set of crews are trying to figure out what caused the problems with the wires in the tunnels between jefferson and suburban stations causing two trains with some eight hundred passengers on board to stop about nine thirty this morning push says rescue trains arrived all passengers were taken off safely reporting live from the news remark abe kyw newsradio kyw news time 1204 police in melbourne australia say a man deliberately rammed an suv into a crowd of pedestrians fourteen people were injured several are in critical condition reporter joe hill is on the scene he says it happen just before rush hour purple bitter rate though one withdraw rubik another with a man if we sure the connection between bart oates police haven't said what the motivation of these seas i science to early in the investigation to rule anything in or out high awesome directly laws terror alighted and i said that it is too early in the investigation to comment on anything like that drivers vehicle is a 32yearold australian citizen of afghan descent with a history of mental illness and druguse kyw news time twelve five if you don't understand the new tax law you're not alone your accountant may be almost as confused as you are jerry known one thousand pages long the new tax overhaul has the experts scrambling and scratching their heads as they go through.

mark abrams andrew bush australia joe hill tax law accountant frankfurt abe kyw melbourne reporter bart oates jerry 24 hour