18 Burst results for "Brad Siegel"

"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:56 min | 2 weeks ago

"brad siegel" Discussed on Bloomberg Radio New York

"The company is pushing to continue that growth as it expands into fitness and furniture categories Former president Trump's efforts to get back on Twitter are reaching another roadblock Brian shook reports On Friday a judge dismissed Trump's lawsuit seeking to get back on the platform However the San Francisco judge did make it so the ex-president could amend his complaint against the social media giant Trump got booted from Twitter just days after the January 6th attack on the U.S. capitol Trump sued which he filed with the American conservative union and 5 individuals claimed Twitter and its cofounder Jack Dorsey violated their First Amendment rights I'm Brian shook Coffee bean shipments delivered to an espresso plan in Switzerland contained more than 1000 pounds of cocaine authorities seized more than $50 million worth of drug company officials say that drug did not come into contact with any products or equipment I'm Brad Siegel And I'm Susanna Palmer in the Bloomberg newsroom New York City's subways have finally regained ridership levels seen before omicron took off in early December More from Bloomberg's Denise Pellegrini Susannah this recent surge it really does reflect a new pandemic high with MTA data showing there were 3.5 million subway trips on Thursday And that does top the previous COVID era peak on December 9th of 3.42 million It's worth noting no this is all still below the 2019 weekday average of 5 and a half million writers The MTA of course needs to bring these writers back after the pandemic slash revenues Susanna Bloomberg Denise Pellegrini reporting Former Federal Reserve vice chair for supervision Randall quarrels says it's unlikely that the Federal Reserve will be able to bring down inflation without at least a small recession He says the fed should have moved earlier to raise interest rates I think the fed's actions were reasonable up through the middle of the summer through the summer of 2021 I do think that by September it was becoming clear that this was not primarily a supply chain disruption driven inflation It was a overstimulated demand driven inflation Quarrels spoke with Bloomberg's Michael McKee at the Hoover institution monetary conference at Stanford University yesterday The stock market ended bumpy week with its 5th straight weekly decline This as investors worry that the Federal Reserve may not succeed in engineering a soft landing for the economy Anastasia amoroso is chief investment officer at I capital So if you look at the NASDAQ for example it's not your chief yet If you look at the S&P it's not screening incredibly chief either So it's really difficult to step into the broader indices for the week the S&P 500 fell two tenths of 1% The Dow fell two tenths of 1% as well in the NASDAQ dropped a one and a half percent this week 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 Susanna Palmer This is Bloomberg.

Brian shook Trump Twitter Brian shook Coffee bean Federal Reserve Susanna Palmer Brad Siegel Denise Pellegrini Susannah American conservative union MTA Jack Dorsey Susanna Bloomberg Denise Pelle Randall quarrels Bloomberg omicron San Francisco Switzerland
Fresh update on "brad siegel" discussed on Masters in Business

Masters in Business

01:00 min | 1 hr ago

Fresh update on "brad siegel" discussed on Masters in Business

"I'm Brad Siegel And I'm Susanna Palmer in the Bloomberg 9 60 newsroom sunny breezy during this afternoon high 75 near the bay 85 inland Californians are feeling the pressure at the pump as gas prices continue to skyrocket As of Friday triple-A reports the average price for a gallon of gas in the Golden State is $6 and four cents Industry analyst Patrick dehan is with gas buddy I think it will take a lot more to see a significant decline in prices either an economic slowdown or some drastic improvement between Russian Ukraine The Han says San Francisco leads the pack as the city with the highest average at 6 28 This is followed by San Jose Oakland and Los Angeles The archbishop of San Francisco said Friday he will deny holy communion to House speaker Nancy Pelosi a Democrat who calls herself a devout Catholic because of her public support for abortion rights more from Bloomberg's Denise Pellegrini In a letter to the House speaker dated Thursday and made public yesterday archbishop cordelia told Pelosi not to receive holy communion until she changes her stance on abortion Pelosi had no immediate response Quarter Leonid's decision does not necessarily bar her from actually receiving communion from priests outside the archdiocese of San Francisco Denise Pellegrini there Wells Fargo and company's Wells Fargo advisers has agreed to pay $7 million to settle charges from the U.S. Securities and Exchange Commission regarding anti money laundering practices The SEC says San Francisco based wells which did not admit or deny the findings failed to file at least 34 suspicious activity reports in a timely manner between April 2017 and October 2021 Regulators said the bank did not properly monitor foreign wire exchanges 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 am Susanna Palmer This is Bloomberg This is masters in business.

Susanna Palmer Brad Siegel Denise Pellegrini Patrick Dehan San Francisco Archbishop Cordelia Pelosi Quarter Leonid Wells Fargo Nancy Pelosi Ukraine Bloomberg San Jose Oakland House U.S. Securities And Exchange C Los Angeles
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:06 min | 2 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"This is Bloomberg radio At least one person is dead following a shooting in Arkansas desha county officials say at least ten people were injured after shots were fired at a car show parking lot Saturday evening and Dumas Dumas is about 90 miles southeast of Little Rock authorities noted the incident does not appear to be a mass shooter situation Reports victims including at least one child are being taken to a nearby hospital there's no word of a potential suspect or motive Norwegian police are confirming that four U.S. Marines have been killed during a NATO training exercise The movement of American troops within the country was not a response to Russia's invasion of Ukraine but part of a Norwegian military exercise the service members were on board an Osprey aircraft assigned to a marine expeditionary force that crashed Friday while The Pentagon has yet to confirm the deaths U.S. ambassador to NATO Julianne Smith tweeted her condolences Saturday to the families of the service members involved New research shows a big jump in alcohol related deaths in the United States during the first year of the coronavirus pandemic Brad Siegel reports A study from the journal of the American medical association says from 2019 to 2020 the death toll in that category rose over 25% On average that rate has been adjusted over 2% from 1999 through 2017 Lead author of the study doctor Aaron white called the data unfortunate but also not surprising since people tend to drink more when they're under duress the spike in the first year of the pandemic was seen across all age groups the largest change was among 35 to 44 year olds I'm Brad Siegel Gas prices are on a slight decline across the country Triple-A reports the current nationwide average for a gallon of gas is $4 and 26 cents That's down from last week's average of $4 and 32 cents However the cost is much higher now than it was a year ago This time in 2021 gas was an average of two bucks and 88 cents Gas prices have soared since Russia's invasion of Ukraine I'm Chris Volkswagen.

desha county Dumas Dumas U.S. Marines Brad Siegel NATO Julianne Smith Bloomberg Little Rock Arkansas Aaron white United States Ukraine Pentagon Russia journal of the American medica
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:52 min | 2 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"Half million children have fled Ukraine the United Nations Children's Fund issued that estimates Saturday after Russia began its invasion into Ukraine late last month the agency is warning the massive displacement of refugees could lead to a significant spike in human trafficking UNICEF said between February 24th and march 7th more than 500 unaccompanied minors were found fleeing into Romania The agency noted the actual number of children fleeing is likely much higher Norwegian police are confirming that four U.S. Marines have been killed during a NATO training exercise The movement of American troops within the country was not a response to Russia's invasion of Ukraine but part of a Norwegian military exercise the service members were on board an Osprey aircraft assigned to a marine expeditionary force that crashed Friday while The Pentagon has yet to confirm the deaths U.S. ambassador to NATO Julianne Smith tweeted her condolences Saturday to the families of the service members involved New research shows a big jump in alcohol related deaths in the United States during the first year of the coronavirus pandemic Brad Siegel reports A study from the journal of the American medical association says from 2019 to 2020 the death toll in that category rose over 25% On average that rate has been at just over 2% from 1999 through 2017 Lead author of the study doctor Aaron white called the data unfortunate but also not surprising since people tend to drink more when they're under duress the spike in the first year of the pandemic was seen across all age groups the largest change was among 35 to 44 year olds I'm Brad Siegel Gas prices are on a slight decline across the country triple-A reports the current nationwide average for a gallon of gas is $4 and 26 cents That's down from last week's average of $4 and 32 cents However the cost is much higher now than it was a year ago This time in 2021 gas was an average of two bucks and 88 cents Gas prices have soared since Russia's invasion of Ukraine I'm Chris karashi.

Ukraine UNICEF U.S. Marines Brad Siegel Russia NATO Julianne Smith Romania Aaron white U.S. Pentagon journal of the American medica Chris karashi
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:17 min | 2 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"Congress has died representative Don young died Friday while traveling home to Alaska There's no word on his cause of death but young was gearing up to launch a reelection campaign He was 88 years old New research shows a big jump in alcohol related deaths in the United States during the first year of the coronavirus pandemic Brad Siegel has more A study from the journal of the American medical association says from 2019 to 2020 the death toll in that category rose over 25% On average that rate has been at just over 2% from 1999 through 2017 Lead author of the study doctor Aaron white called the data unfortunate but also not surprising since people tend to drink more when they're under duress The spike in the first year of the pandemic was seen across all age groups the largest change was among 35 to 44 year olds I'm Brad Siegel Paul Dano is writing a comic book based on the riddler Has more Dano who played the villain in The Batman this year we'll dive into the origins of the character in a comic book titled riddler year one DC Comics announced the news on Twitter teasing the comic with a first look image featuring the character's glasses on top of some scattered papers Dano's debut into comic writing will release in October A movie about the classic childhood toy play doh is in the works The animated flick has crazy rich Asian director John Chu and the big 6 screenwriter behind it In a joint statement the pair said they are excited to present a moldable pliable iconically scented story about the importance of imagination I'm Julie Ryan And I'm Susanna Palmer in the Bloomberg newsroom Governor Kathy hochul announced today that COVID related hospitalizations in New York State are at their lowest point since August 3rd According to the latest numbers released by the governor's office the number of people hospitalized with COVID-19 dropped by 53 over the past day to 925 5 COVID deaths were also announced today New York City's new health commissioner doctor ashwin vasan says that the city's private sector vaccine mandate will remain in place indefinitely Doctor Vaughan said he was also keeping the cities mask mandate for children under the age of 5 in place until further notice He spoke at a briefing on Friday The news comes as concerns continue to grow over the new omicron sub variant BA two which now accounts for about 30% of new COVID cases in New York City I understand New Yorkers concern given where we've been over the last two years and successive waves that rising cases in other parts of the world would lead to anxiety That's completely understandable The new health commissioner also urging New Yorkers to get boosted if they are eligible Just 36% of New Yorkers have gotten a booster despite it being available for months Former treasury secretary Larry summers says the Federal Reserve will need to raise interest rates higher than officials are currently thinking to control inflation When inflation goes up if you just raise interest rates as much as inflation went up then you're not changing real interest rates at all If you want to tighten policy you have to raise interest rates by more summers says an interest rate of four to 5% is more likely he was interviewed on Wall Street week on Bloomberg radio 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 susannah Palmer This is Bloomberg This is balance and power with David Weston The state of America and energy is strong Our nation has the resources and the expertise to meet our energy needs Eventually we'll end up with a vaccine that will be able to do better against multiple variants Where the world of politics meets the world of business The fed has to raise rates And by the way that's a good thing The cause of inflation has been this historic pandemic which is upended life in so many different ways in particularly has upended America's supply chains Balance of power with given Weston on Bloomberg radio Coming up this hour judge kittanji Brown Jackson heads to Capitol Hill for hearings on her nomination to the Supreme Court.

Brad Siegel Dano Aaron white John Chu Don young Julie Ryan Susanna Palmer Kathy hochul COVID Paul Dano ashwin vasan journal of the American medica Doctor Vaughan Bloomberg DC Comics Alaska
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:33 min | 2 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"Brad Siegel And I'm Susanna Palmer in the Bloomberg news room New York and New Jersey officials are preparing for a possible spike in coronavirus cases because of the new BA two omicron sub variant as we've been reporting governor hochul is ordering 20 million COVID tests to be distributed to homes and schools throughout New York State Governor Phil Murphy and New Jersey's health commissioner say they will continue to closely monitor virus activity Another inmate at Rikers has died making that too within 24 hours more from Bloomberg's Denny's Pellegrini city officials say that the unidentified inmate died while in a clinic area at the Erica M Taylor center yesterday morning The cause of death is under investigation On Thursday morning DOC officials said Rikers in May George pagan was taken to elmhurst hospital where he was pronounced dead And Friday's death marks the third inmate to die in DOC custody since the start of the year Denise Pellegrini Bloomberg radio Former treasury secretary Lawrence summers says the Federal Reserve will need to raise interest rates higher than officials are currently thinking to control inflation We used to be a 2% inflation country Now we're almost certainly a 6% inflation country and on some measures we're at 8% inflation country And so we've got to raise interest rates by more than four percentage points We got to raise them by 4% to stay neutral Summers says 5% is more likely he was interviewed on Bloomberg television's Wall.

Brad Siegel Susanna Palmer governor hochul COVID Governor Phil Murphy New Jersey Erica M Taylor center Bloomberg news George pagan elmhurst hospital Bloomberg Rikers Denise Pellegrini New York State Denny New York Lawrence summers DOC
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:23 min | 3 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"I'm Brad Siegel And I'm Doug prisoner at Bloomberg world headquarters in New York Let's check this hour's top business stories and the markets crude oil prices are rallying as the market's frets over the consequence of a potential Russian invasion of Ukraine Russia as you know is the a top energy producer globally And worldwide supplies are already extremely tight WTI was up three and a half percent in the New York session on Friday and right now We are higher by 1.7% at 94 70 U.S. private equity giant Blackstone has won its pursuit of crown resorts It was on Monday that the troubled casino operator accepted Blackstone $6.4 billion bid right now shares in crown resorts in Australia trading higher by 2% Lockheed Martin has terminated its plan to acquire aerojet rocketdyne this decision follows an antitrust lawsuit filed by the Federal Trade Commission in late January the FTC at that time said that Lockheed could use control of aerojet to harm rival defense contractors and further consolidate markets critical to national security and defense Markets right now seem to be a little divided on the outlook for fed rate hikes It's an open question as to whether or not we're going to see a 50 basis point move in March today fed president Mary Daly of the San Francisco fed told CBS its Paramount for the fed to be measured and data dependent as it begins lifting rates to ensure stability Long-term interest rates moving a bit higher the ten year treasury and the Tokyo session at 1.95% Right now in the equity markets we've got the nikkei down 2.6% hang seng off more than 1% the Cosby is down one and a half percent Shanghai composite off four tenths of 1% but the ASX 200 is higher by 6 tenths of 1% Global news 24 hours a day on air and on Bloomberg quick take This is Bloomberg This is Bloomberg intelligence The new pools that a metaverse can bring allows you to create more immersive content Companies are beginning to sell less oil more electrons Research and data on 2000 companies and 130 industry The supply chain breakdown is combining with labor.

Brad Siegel Bloomberg world headquarters Blackstone aerojet rocketdyne Lockheed Martin FTC New York Doug San Francisco fed Ukraine Russia Mary Daly
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:19 min | 3 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"Play in this year's winner games the three time Olympic medalist had tested positive for COVID shortly after arriving in Beijing but has since provided to consecutive negative tests Myers will compete in the women's mono bob on February 12th Airlines are canceling flights again today as the U.S. deals with the impacts of a winter storm Flight away reports over 1400 flights canceled Saturday within in tour out of the U.S. This comes as more than 3100 have been delayed Dallas Fort Worth international airport is being hit the hardest with nearly 30% of its flights for Saturday canceled U.S. troops are in Eastern Europe as tensions grow between Russia and Ukraine President Biden deployed troops to Poland and Germany in response to the threat of a Russian incursion into Ukraine Their arrival comes amid reports that Russia now has enough troops tanks and military hardware poised along Ukraine's borders to launch a full scale invasion I'm Brad Siegel And I'm Susanna Palmer in the Bloomberg newsroom Mayor Eric Adams apologized Friday after a 2019 video surfaced showing him using a racial slur for white people when talking about the New York police department The video first reported by the New York Daily News shows Adams whose black speaking at a private event in December 2019 during the early stages of his mayoral run Adams was asked about the video at a news conference Friday and said that he wanted to definitely apologize for his remarks and called them inappropriate Delta Air Lines was the U.S. government to use a no fly list similar to the secretive database designed to prevent terrorists from boarding airline flights to block unruly passengers from flying We get more about that from Bloomberg's Charlie pellet Delta CEO Ed Bastian requested the measure in a letter to attorney general Merrick Garland to stem a dramatic rise in air agents over the past year Delta and other carriers have individually barred hundreds of people from flying as a result of misbehavior including assaults on flight attendants and others Charlie pellet Bloomberg radio Two up weeks in a row for stocks and investors are wondering if the trend can continue after big drops to start the year This even as a blowout U.S. jobs report raises investors expectations that the Federal Reserve may soon start raising interest rates sharply Emily Roland chief investment officer at JH investments says markets may be doing some of the work for the Federal Reserve and chairman J Powell We think about the language that Jay Powell has used the job owning that's gone on We're almost getting those tighter financial conditions that the fed wants to see in the form of some of the froth being let out of the equity market For the week the S&P 500 rose 1.5% The Dow gained 1% the NASDAQ up 2.4% this week 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 susannah Palmer This is Bloomberg I'm Barry revolts you're listening to masters and business on Bloomberg radio My extra special guest this week is rip out to Patterson She is the director of investment research at Bridgewater associates the world's largest hedge fund previously she was chief investment officer at best from her trust was she oversaw more than $85 billion in client assets so listening to you discuss inflation I think you approached it in a way very different from what I've been hearing other people talk about You said quote demand shock is what's driving inflation Explain demand shock Sure So when we look at where we are today with inflation in the United States it's very easy to quickly go back to the late 1960s early 1970s and say okay high and rising inflation high gas prices that said that's behind the curve yeah okay There are similarities that are worth noting but back then what was driving the high inflation were supply shortages That was the key ingredient Today obviously there's things on both side of the demand supply equation But the bigger deal is the surge in demand which is just overwhelming the supplies So let me give you a number here to make this feel more real If you look at the supply of goods for U.S. consumers it comes from around the world So produced everywhere in the U.S. and China outside et cetera It's running about 5% above where it was before the pandemic So the supply of goods has increased on that But then look at the demand side the demand from U.S. consumers today is about 20% higher than the end of 2019 And you see similar patterns across a lot of things whether we're talking about industrial metals where supplies today are high but the demand is much higher that's pushing down inventories ships we have more shifts on the ocean today than we did pre-pandemic but it's just not enough Labor markets we've got no shortage of jobs today We just have such high demand for jobs And so yes there are supply constraints here and there I'm not saying there aren't I'm just saying the bigger deal this time and what makes us so different from the 1970s is this absolute boom in demand So let's stick with demand and another comment of yours was witnessing the biggest monetary stimulus outside of wartime Referring to the various cares act The fiscal stimulus is that the key driver of all this demand Yeah well it's the one two punch of monetary in fiscal So Barry when you and I were mirror children it was all about interest rates right The fed was using short term rates to affect economic conditions We'll call that monetary policy one And then in 2008 rates hit zero the fed needs to ease more So then it starts launching more quantitative easing So we call that balance sheet usage plus interest rates MP two when we got to the pandemic okay the fed went big and it went fast We cut rates We did huge amounts of quantitative easing but it wasn't enough to fill the hole in the incomes of the pandemic when we shut down the economy And so fiscal had to play a bigger.

Bloomberg U.S. Ukraine Dallas Fort Worth internationa Brad Siegel Susanna Palmer Eric Adams New York police department fed Charlie pellet Delta CEO Ed Ba Merrick Garland Charlie pellet Bloomberg radio Russia Adams Delta Air Lines Emily Roland JH investments J Powell
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:02 min | 4 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"That's how long it's been It's crazy Bloomberg business week Week afternoons at two eastern On Bloomberg radio the Bloomberg business app and Bloomberg radio dot com Federal help is on the way for Colorado's wildfires Brad Siegel has more President Biden approved a disaster declaration early Saturday for those impacted by wildfires that have destroyed hundreds of homes in the Denver suburbs Boulder county sheriff Joe Pelé says at least 500 homes have gone up in flames and more than 30,000 people have been evacuated At this point no deaths have been reported The White House says the aid includes funding for temporary housing and emergency loans Eric Adams delivers his first address as New York City's 110th mayor The city's second black mayor struck an optimistic tone in his New Year's Day address Despite COVID-19 and his persistence New York is not closed It is still open and alive because New York is a more resilient than the pandemic The 61 year old former NYPD captain says his immediate goals are to battle the coronavirus fight the rise in violent crime and to turn the city's economy around That's the latest I'm Julie Ryan Palmer and the Bloomberg newsroom newly sworn in mayor Eric Adams addressed the people of New York City for the first time He took the oath of office in Times Square just after midnight and arrived at city hall by 8 30 this morning ready to take on the challenges the 5 boroughs face with increased crime A surge of COVID cases and preventing another lockdown Adams made it clear he has no plans to issue a lockdown This would be our new year's resolution We were not the control by crisis Adams said with the advancement of treatments testing and vaccinations he saw no reason why New York City should close Almost 2400 flights into and out of the U.S. were canceled today and more than 1100 were delayed according to tracking firm flight aware dot com amid bad weather and staff shortages on caused by the rapid spread of the coronavirus variant.

Eric Adams Bloomberg Brad Siegel President Biden Joe Pelé Boulder county Julie Ryan Palmer New York City Colorado New York Denver White House NYPD Times Square Adams city hall U.S.
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:39 min | 4 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"By more than 2700 journalists and analysts in over a 120 countries This is Bloomberg radio Now a global news update Federal help is on the way for Colorado's wildfires Brad Siegel has more President Biden approved a disaster declaration early Saturday for those impacted by wildfires that have destroyed hundreds of homes in the Denver suburbs Boulder county sheriff Joe pelley says at least 500 homes have gone up in flames and more than 30,000 people have been evacuated At this point no deaths have been reported The White House says the aid includes funding for temporary housing and emergency loans I'm Brad Siegel Young teenagers and adolescents may soon be able to get a Pfizer COVID booster The FDA is reportedly ready to grant emergency use authorization for boosters and younger kids ages 12 to 15 That's expected to happen by early next week Political figures are paying tribute to Betty White the Emmy winning actors passed away of natural causes Friday just shy of her 100th birthday President Biden said on Twitter that white brought a smile to the lips of generations of Americans That's the latest I'm Julie Ryan This is Bloomberg best on Bloomberg radio This is Bloomberg best I'm at Baxter And I'm dedic Pellegrini Today's when you say brands like Sheridan courtyard Weston Ritz Carlton well all of those you're talking about Maria Marriott runs about 30 friends or so right And Stephanie Leonard's is CEO of Marriott International And Bloomberg's Carol master and radio host Larry Mullins from Odyssey's news.

Brad Siegel President Biden Joe pelley Bloomberg Boulder county Colorado Denver Julie Ryan Pfizer White House Betty White Bloomberg radio FDA dedic Pellegrini Emmy Weston Ritz Carlton Maria Marriott Twitter Stephanie Leonard Sheridan
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:36 min | 5 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"120 countries This is Bloomberg radio Now a global news update Colorado residents are coming together for help and support following destructive wildfires north of Denver Officials say it's a miracle that up to this point no deaths have been reported A woman named Ida says those displace can relocate to an Airbnb The Airbnb listings for evacuees and refugees are free Officials are still surveying the damage but say it appears at least 500 homes are gone President Biden is authorizing a major disaster declaration to support those affected by the fires A tornado watch is in effect overnight from Arkansas to Kentucky the new year is starting with the threat of twisters in northeast Arkansas Southeast Missouri western Tennessee and southern Kentucky the tornado watches in effect until 7 central time Fans gathered at the Hollywood Walk of Fame Friday shortly after hearing the news of Betty White's passing Fox 11 reports an official memorial was placed on white star yesterday Her star is one of the original fixtures when the Walk of Fame was completed in 1961 I'm Brad Siegel This is Bloomberg law with June grosso from Bloomberg radio Millions protested across the country over the death of George Floyd as then police officer Derek Chauvin knelt on his neck on a Minneapolis street corner And then while Chauvin was on trial for Floyd's killing just ten miles.

President Biden Bloomberg Southeast Missouri Arkansas Ida Kentucky Colorado Denver Brad Siegel Betty White Tennessee Hollywood George Floyd Derek Chauvin Chauvin Minneapolis Floyd
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:53 min | 5 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"Starting Monday it's going to cost more to get a passport The State Department says fees are increasing depending on what's needed Brad Siegel reports The cost of the U.S. passport book will rise $20 for all customers the price for a first time or replacement adult passport will be $165 a renewal will be 130 The expedited fee which gets you your passport weeks earlier will remain at $60 The State Department on its Twitter account said the fee increase is necessary to ensure we continue to produce one of the most secure travel and identity documents in the world Earlier this month President Biden signed an executive order allowing Americans to renew their passports online for the first time However that could take between 6 and 12 months to take effect I'm Brad Siegel A new year is right around the corner in 2022 will bring a minimum wage hike to 21 states and dozens of cities and counties The wage increases are a response in part to cost of living adjustments and scheduled raises written into local laws California and New York will both hike the wage floors to $15 an hour from many workers for other states will raise their wages later in the new year The number of job openings in the United States surged in the later half of 2021 Karen kimbrough the chief economist from LinkedIn says November was a high point We've had the strongest month on record since the pandemic began of people getting hired With the economy reawakening employers were and are desperate to hire employees to meet the demand But a record number of Americans are choosing not to work or switch jobs in 2021 Spider-Man: No Way Home is now the biggest movie worldwide of 2021 the latest entry in the superhero franchise is set to cross the $1 billion mark on Christmas Day and will be the second fastest movie to hit that milestone after Avengers Endgame The projected box office total does not include China the world's biggest.

Brad Siegel State Department President Biden U.S. Karen kimbrough Twitter LinkedIn California New York China
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:34 min | 5 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"Poor I'm Brad Siegel You're listening to a special edition of Bloomberg front row I'm Eric schatzker Now the final part of my wide ranging interview with man group CEO Luke Ellis This is where the head of the world's largest publicly traded hedge fund manager weighs in on the mean stock frenzy and the rise of retail trading that we've seen during the pandemic Plus his view on quant strategies Here's that part of our conversation from earlier this year Is there consistent money to be made in quant off the boom in retail stock trading the WallStreetBets phenomenon Well I certainly don't want to pick a fight with our friends on WallStreetBets But I think on average over time the more different players there are in the market the better that is for people like us and the quants and if you look across a wide variety of markets you could see that on average for quants the more retail participation that has traditionally been good for them Clearly there were some people got the wrong side of the WallStreetBets phenomena in the last few months and some of that was mostly that in the end was around some of the discretionary people with over large short positions on individual names I think so I think increased participation is good for us increased volume in markets is good for us increased volatility is good for us We will get used to this idea that there's a sort of incredibly low volatilities And it starts from basic economics That when you have all governments and all central banks following roughly the same policies economic policies And those policies involve very high future transparency about what they're going to do And they are all essentially cooperating which has been really what we've seen for the sort of most of the 20 years of this millennium the first 20 years of this millennium then it's no surprise that we got less and less economic volatility What you've seen starting well you can choose your starting point but I would say starting with trumpism but then certainly exacerbated by what's happened in the pandemic and obviously in the UK exacerbated by Brexit Is that you've got central banks operating very separately to each other governments following quite different policies and so the place where we are in coming out of this virus is very different in different countries and the speed of it working is different And so what countries have done to their balance sheets quite different And so I think both in turn country economic volatility is going to be much higher for at least the next couple of years And that's going to lead two more volatility and markets Does man group have a strategy for trading Bitcoin So yeah we trade the futures and we started to trade the physical the question is how scalable but it's over time how liquid to these instruments stay how long do they stay liquid for One of the things you see is people tend to think that liquidity is a sort of monotonic upswing so that they see something And if it gets a bit more liquid they just assume they don't keep getting and it'll never get less liquid again And what we're seeing in many contracts around the world in different things is they can go through a period where they're super liquid And then they go out of fashion and you don't see them again So a couple of years ago we made a lot of money trading ex futures in China because at one point they were trading I believe $5 billion a day eggs like the thing you bought for your breakfast There was a lot of people speculating in that market It made it a very good market for our models But it didn't last that long before people stopped looking at any went back to being a hedging contract with farmers and suddenly it's not a very interesting market I think one has to temper the excitement about cryptocurrencies and how much you can do in those markets until you could see where there's real liquidity Luke machine learning and artificial intelligence were supposed to revolutionize quant investing but so far they haven't at least as I understand things Why is that When you look at financial markets the vast majority of what's happening is just noise There is an enormous amount of trading of movement in share prices intraday one day to the next even over time which is just noise flowing through the end artificial intelligence has a natural tendency to want to try to create a pattern in everything And so it creates a pattern in the noise but that noise is not very I mean it's not So there isn't a pattern as a short term thing You can apply it many drops of So that's a tough problem for artificial intelligence and machine learning Are you surprised at how poorly some quants even the top tier firms did in 2020 I think that there are two enemies of long-term success in quantum vesting And it doesn't matter how good your brand is because it's not about your brand The first is taking too much money And if you take too much money into a strategy basically what happens is the market finds your footprint and then you're out that turns into a risk not a lot of the source of return And secondly if you don't continuously invest it's very easy to come up with some good ideas raise money sit back and count the pennies and start deciding whether you want to buy yourself a plane or a boat The trouble is markets are continuously evolving And competition is continuously trying And so if you're not consciously trying to innovate and you're not investing in that innovation then what will happen is your alphas will decay suddenly you're left with a whole lot of money without answer and then you end up making some big losses Quite however can be confusing if we looked at it as a spectrum And at one end of the spectrum I'll put renaissance technologies The firm founded by Jim simons And at the other end of the spectrum I'm going to put a QR run by cliff fastness Where does man group fit in between them We would love to be a 100% idiosyncratic alpha It's just incredibly hard And you always find a certain amount of factors to slip into what you're doing And we have the longest and most successful track record in momentum investing in futures markets and why wouldn't we continue doing that It would be sitting to stop it So I think on your spectrum we would be 70 or 80% down towards the end that would have a medallion in a two sigma and less so at what I would think of as more the actual average water end It makes me wonder why hasn't man group used its technological prowess to build a business in passives You could We could I think two things to it One is you know it's an Uber scale business And maybe we could or should or would have done that 15 20 years ago and the man had the cash on the balance sheet to buy BGI when bankrupted and past and BlackRock one right That's kind of what a shoot at.

Brad Siegel Eric schatzker Luke Ellis Bloomberg UK Jim simons China cliff fastness BGI BlackRock
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:17 min | 5 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"Heading into the holidays and it's a problem all over the country but supporters say a new law will address the current teacher shortage that's plaguing schools in Pennsylvania Brad Siegel has the very latest Pennsylvania governor Tom Wolfe signed legislation that reportedly broadens eligibility for potential substitutes the law reportedly allows retired teachers to fill vacancies under specific conditions without impacting their pension benefits It also doubles the number of days those with inactive teaching certificates can fill in as substitutes The move comes as many districts across the Commonwealth are scrambling to fill temporary openings I'm Brad Siegel And that's the very latest I'm Jim Forbes You're listening to balancing power with David Weston on Bloomberg radio The story of Detroit has been one of economic strength as it led the country in auto production from much of the 20th century followed by years of decline and most recently of rebuilding Another chapter was added to that story this week with the announcement of the Detroit center for innovation a $250 million project to be built in downtown Detroit under the auspices of the University of Michigan related companies and Olympia development I talked to two people behind the project Detroit mayor Mike duggan and Stephen Ross chairman and founder of related companies At the heart of the project is the innovation center for the University of Michigan which is probably a 200,000 ft² building but there'll be housing for students It's a for graduate students As well as incubator space But they have a really just be the catalyst for a much much larger project The illicit organization has really assembled over 300 acres of land in downtown Detroit There's mostly vacant they used for parking lots mostly other older buildings on the site which will be rehabbed But it'll really be the basis for large scale mixed use projects So the impact on Detroit will be fantastic in creating a really new city if you will or a neighborhood that they live work play neighborhood right adjacent to a part of downtown You in the past have drawn the analogies of what's being done at Roosevelt island here that mayor Mike Bloomberg developed here Owner and founder But is that what it's going to look like It's going to be like an industrial park Well I mean it's not an industrial park The school is a very iconic building of 200,000 feet Mostly for graduate students as I said But the buildings around it will all be part of a downtown area As you know today people want to live in downtowns It's all about that and finding those kind of locations But to find your location the size of this with all the facilities built in I mean you have it's like no other place I could say in the world because you have all four sports teams all playing in stadiums that are adjacent to the site You have all the opera the music hall all the culture all adjacent to the site and part of it as well as the entertainment with the theater of the Fox theater And other theaters there is an incredible sight that you kind of as a developer you dream of what you can do and the impact you can have on a city And the impact you can have on a city like Detroit is tremendous It's transformational Steve of course is a native Detroit He knows that the Fox theater is an iconic theater in downtown Detroit and also this will be close to the little Caesars arena which is owned by Mike Ellis Let's go to your merit dugan Explain in a larger sense what this can mean for the city and the metropolis of Detroit While a big reason for doing it Jim Farley Ford Motor Company is renovating the long abandoned train station They're going to bring 5000 employees and contractors who will be designing the electric and automated vehicles of the future just down the street They want to know where is the talent pool coming from to compete with Tesla to compete with China A mile or two away General Motors has factories zero where they're building the electric hummers and Silverado's in the city Detroit It's the land that's just opened a new Jeep plant that I know they will go electric to the near future We have Waymo installing self-driving vehicle systems in the city of Detroit And then you start to look at the financial side the entrepreneurial side we are going to have a University of Michigan graduate program right here in the city that's going to feed the talent to the companies of the future And I think what Stephen is doing is going to be transformational for us I really do So just to pick up on what you said give us a sense of the scope here not just of this project which as I understand as a catalyst but more largely what kind of population will be infused back into Detroit because you and I both know it has been depopulated since the 60s Well if you came here right now there's probably two or 3000 housing units being built across this city So young people as Stephen mentioned I want to be in urban areas But the other thing is going to be this The top talented people in undergrad programs around the country in finance and engineering and software design are going to look at this graduate program of the University of Michigan in downtown Detroit with a media internships and jobs and we're going to be a magnet for that kind of talent And we're located this new site directly across the street from cast tech high school the most prestigious public high school in Detroit and is going to be a pathway for the top talent from the city to stay in the city And so it is going really I think when you look back 20 years this is going to be one of the major developments in Detroit's history I think it's really important is that I've told a few people about it and the tech corporations And my good friend Bill McDermott CEO of service now has made a commitment to come to Detroit They've already announced it after we had.

Detroit Brad Siegel Jim Forbes David Weston Bloomberg radio Detroit center for innovation Mike duggan heart of the project is the in Pennsylvania Mike Bloomberg Tom Wolfe Fox theater University of Michigan Stephen Ross Caesars arena Roosevelt island
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:37 min | 7 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"This is Bloomberg radio Now a global news update The first witness has testified in the civil lawsuit against the organizers of the deadly unite the right rally in Charlottesville Natalie Romero testified in a Virginia courtroom Friday and said the attacks by angry white nationalists at the 2017 rally left her physically and emotionally scarred Romero was part of a counter protest in downtown Charlottesville when she was struck by the same car that killed counter protester Heather heyer Witness testimony continues Monday Investigators in Oklahoma say the man who shot a palawan county sheriff's deputy has been found dead himself along with the suspect's wife Deputies were called to a house near Oklahoma City on a domestic dispute Friday when they say braid and chess are open fire one of the deputies was hit 7 times and is now hospitalized Deputies later found Cheshire dead near the house and is estranged wife Sarah dead inside the home In Northern Virginia malls and shopping centers are reportedly on alert for a potential security threat from ISIS Brad Siegel explains Police near the Washington D.C. area say they're ramping up security over the Halloween weekend though a link to ISIS has not been confirmed Fairfax county police chief Kevin Davis said Friday they've increased police presence throughout the county including at malls shopping plazas and transit hubs the Department of Homeland Security's intelligence chief said this week they've been seeing a dramatic increase in online activity associated with Al-Qaeda and ISIS I'm Brad Siegel Former president Trump is cheering the announcement that Republican congressman from Illinois Adam kinzinger will not seek reelection Kinzinger has been at times a harsh critic of the ex-president Trump put out a statement saying two down 8 to go a reference to the ten House Republicans who voted to impeach him following the January 6th attack on the capitol and the Atlanta Braves are two wins away now from their first World Series title in more than two decades on their way to a two nothing shutout of Houston's Astros last night the braves didn't allow one hit in game three of the series until the 8th inning Game four is tonight I'm Scott Carr A capital police officer is resigning after being charged with helping one of the accused January 6th rioters evade the FBI Michael Reilly had been on suspension Riley spent more than 25 years on the capitol police force He's accused of deleting communications with the riot suspect on Facebook now Mehta the two men were friends on the platform and belonged to some of the same groups Virginia's governor's race is this Tuesday Democrat Terry mcauliffe and Republican Glenn youngkin are in a tight race several issues around the minds of voters including gun control and education My kids.

Natalie Romero Charlottesville Heather heyer palawan county ISIS Brad Siegel Washington D.C. ISIS Brad Siegel Bloomberg Romero Adam kinzinger Kinzinger Kevin Davis president Trump Oklahoma City Virginia Northern Virginia Cheshire Oklahoma Fairfax county
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:21 min | 7 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"The Sacramento river A tardigrade fossil found within a piece of 16 million year old Dominican amber as the third ever discovered Researchers called it a once in a generation discovery Microscopic tardigrades also known as water bears were around long before humans and have outlasted 5 mass extinctions I'm Brad Siegel And I did these Pellegrini in the Bloomberg newsroom as we've been reporting and investigation is underway after that bomb scare at Laguardia last night with people panicking rushing to get out of that American Airlines playing from Indianapolis following an emergency landing Passengers described a mad scramble to get off port authority says there was no actual danger The danger of inflation a big topic heading into the new trading week and Simon Ballard chief economist at first Abu Dhabi bank says even with growing signs of rising prices the fed needs to see stronger jobs recovery before tightening That's what's really going to be needed to trigger a change of heart by the fellow thing between now and mid 2022 in terms of shifting to that tidal bias And bellard commenting on Bloomberg daybreak Middle East U.S. consumer price report comes out This wouldn't stay According to federal documents Donald Trump's Washington hotel lost more than $70 million during his time in The White House And that was despite receiving millions of dollars in payments from foreign governments Bloomberg's Charlie pellet takes a look According to a letter from the chair of the House committee on oversight and reform the documents quote raised new and troubling questions about former president Trump's lease which was managed by the general services administration according to the letter the losses occurred even as the Trump international hotel took in an estimated $3.75 million from foreign governments and received favorable terms from Deutsche Bank which allowed Trump to defer payments for 6 years on the principle of a $170 million loan Charlie pellet Bloomberg radio Looks like Tesla's software update is ready to go Elon Musk says the full self-driving beta 10.2 update will be coming out tonight and mayor de Blasio's new plan to get rid of the city's gifted and talented programs might not make the great world warn that coming up as well Couple news 24 hours a day on air and Bloomberg quick take powered by more than 2700 journalists and analysts in more than a 120 countries I'm Denise Pellegrini And this is Bloomberg.

Brad Siegel Bloomberg newsroom Simon Ballard first Abu Dhabi bank Sacramento river bellard Pellegrini Bloomberg Laguardia Charlie pellet American Airlines president Trump Indianapolis Trump international hotel Donald Trump fed Middle East
"brad siegel" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:58 min | 8 months ago

"brad siegel" Discussed on Bloomberg Radio New York

"5 million people around the world have now died of COVID-19 A Reuters report says the global death toll hit the 5 million mark Friday due in part to unvaccinated people being exposed to the fast spreading delta variant The report says more than half of all COVID deaths on a 7 day average were in the U.S. Russia Brazil Mexico and India President Biden had a closed door meeting with Democrats on Capitol Hill Friday It's been 6 minutes 6 days or 6 weeks We're gonna get it done Speaking to reporters he said it doesn't matter how long it takes He'll get the massive infrastructure Bill passed along with the even bigger social spending measure Federal officials are predicting the full containment of the Dixie fire by the end of October The giant wildfire has burned nearly a million acres in Northern California since July It's now 94% contained the U.S. forest service says there is still fire activity in the plumes and lassen national forests I'm Brad Siegel And I'm Susanna Palmer in the Bloomberg news room The Supreme Court has denied a request to block New York City's vaccine mandate for teachers and staff The deadline was 5 p.m. Friday afternoon for school employees to get their first dose or face suspension or possible termination As we've been reporting still no agreement between Democrats on president Joe Biden's agenda The president is reported to have floated a compromise last night between moderates in the Senate and progressives in the house with a 1.9 to $2.2 trillion price tag A spat between wealthy neighbors and Laguna Beach California turns into jail time for one of them Bill and Amy gross were found guilty of contempt of court for ignoring a judge's order not to annoy their neighbor tech entrepreneur Mark topic with loud music Bill gross is the billionaire cofounder of pimco The grosses were sentenced to 5 days in jail That was suspended because of COVID Former governor Andrew Cuomo was pushing it before he left office The proposed air train to Laguardia airport now the projects getting a second look we get more from Bloomberg's Denise Pellegrini The air train has yet to be built but it does have federal approval It would connect the newly refurbished Laguardia airport to the well its point stop along the 7 train Cuomo has said and supporters of the project say it's the solution for travelers looking to use mass transit to move between the airport and Manhattan but critics say it would be a misguided use of funds and wouldn't have a lot of impact A press conference in rally is planned Monday at the location of where the air train would be constructed Community groups who oppose the construction are expected to attend Denise Pellegrini Bloomberg radio Tobias levkovich chief U.S. equity strategist at Citigroup has died Is said to have died Friday from injuries he received a month ago when he was struck by a car while crossing a road in wood mirror Long Island lekovic was 60 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 Susanna Palmer This is Bloomberg.

COVID President Biden U.S. forest service Susanna Palmer Brad Siegel Laguna Beach California Amy gross Mark topic Capitol Hill Reuters Laguardia airport Bloomberg news Northern California Brazil Denise Pellegrini Russia Mexico
"brad siegel" Discussed on WCPT 820

WCPT 820

02:03 min | 9 months ago

"brad siegel" Discussed on WCPT 820

"I'm Brad Siegel. President Biden is recognizing the lives lost during the September 11th terror attacks for the 20th anniversary. Jim Forbes has more in a pre recorded message, Biden said. The commemorations bring everything painfully back, no matter how long it's been so hard. Whether it's the first year of the 20th. Children are growing up without periods parents have suffered without Children. Husbands and wives had to find ways forward without their partners in their life, He explained. How loved ones and friends have had to celebrate personal milestones with the hole in their heart. The president and first lady will visit all three Memorial's Saturday to mark the anniversary. I'm Jim Forbes, Millions of Americans are remembering and honoring the men and women killed in the terror attacks of September 11th Army Lieutenant Colonel Michael Rodriguez led a National Guard platoon to ground zero. But it was too late to save his sister Lisa, who worked in the twin towers. I started hearing this The most eerie, gut wrenching, devilish sound. Of impending death. She was one of nearly 3000 who lost their lives. That day. Florida appeals court is ruling in favor of Governor Ron De Santis giving the green light to his ban on mask mandates in schools, Rick Hostal reports this Santa's filed an emergency appeal after Leon County judge earlier this week ruled against the Republican governor. This Santa says he wants to give parents a choice on whether their Children should wear masks in school. The ruling means districts can once again have funding withheld from mandating masks. While the case works in Its way through the appeals process, I'm records show. And the Texas attorney general is suing six school districts in violation of Governor Greg Abbott's ban on mask mandates. Attorney General Ken Paxton's office says it would file additional complaints against school districts and government entities who defy the Republican governors ban. I'm Brad Siegel, NBC NEWS radio. Joan Esposito Live local and progressive on W. CPT Willow Springs is powered by comments, lower your energy bills and reduce your carbon footprint.

Jim Forbes Brad Siegel Biden Rick Hostal Lisa Republican NBC NEWS Governor Santa 20th anniversary Ken Paxton six school districts Joan Esposito September 11th Attorney General Ron De Santis one first lady earlier this week Florida appeals court