37 Burst results for "Brian Shook"
Bloomberg Radio New York - Recording Feed
Monitor Show 19:00 09-23-2023 19:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg .com to get context. ...capital management. This is Masters in Business on Bloomberg Radio. I'm Barry Ritholtz. Stay with us. Today's top stories and global business headlines are coming up right now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. Republican leaders are working through the weekend in hopes of avoiding a government shutdown. House Speaker Kevin McCarthy told reporters today that he's optimistic some sort of a deal will be worked out ahead of the September 30th deadline. The California Republican called it crunch time. McCarthy added that he's willing to accept a stopgap funding bill to keep the government running to allow the House more time to finish the appropriations bills. President Biden is joining the United Auto Workers picket line. Brian Shook reports. Biden tweeted that he was going to Michigan Tuesday to stand in solidarity with the workers as the fight for a fair share of the value they helped create. This comes after UAW President Sean Fain announced earlier this week he would send more workers to the picket lines if substantial progress wasn't made with the big three automakers on a new contract. Union workers say they want a 40 % pay increase, cost of living adjustments, and pensions for all workers. I'm Brian Shook. NFL fans who took part in Thursday night's fight at Levi's Stadium could face a lifetime ban. Video of the violence during the 49ers Giants game showed numerous fans in an all -out brawl in the stands with a man grabbing a woman by the hair and throwing her towards a railing. Police say one person was arrested.
Rollye James
Fresh update on "brian shook" discussed on Rollye James
"So story we'll national pick coming it up resources up there on with WGN of a cable Bobby news Dukoff radio network who news moves with to nation Miami and this says I think I'm the going is local to open a resources studio WGN and of channel radio we'll 9 tell you on the and rest of the the air it's and online 75 degrees and partly cloudy at 1230 The good Blackhawks morning I'm beat Detroit James Sears 4 -2 Donald WGN Trump gets a gag order in traffic his New York the fraud bishop for trial is so closed due to police activity outbound between 130th Street and the steel bridge developing Thursday night they're in all Baltimore expected four to people survive have been students shot on the campus were warned of to Morgan shelter State in University place but that order about has since 930 been lifted police Tuesday have not revealed any week the suspect festivities information judge in and former president the shooting Trump's it civil comes fraud during the trial historically in New black York has institutions issued a limited homecoming gag order Brian Shook reports the decision came after Trump made a post on truth social that attacked the judge's clerk the gag order bars all parties in the case from making social media posts or public comments tolerated about New the judge's York staff Attorney General the Letitia judge said James attacks is accusing on his Trump staff and are his not family appropriate of and inflating will not be Trump's net worth Chuck leading Ford to Motor him Company's getting better making loans a new offer and to leading the to UAW banks to and take on they bigger say it's risks their strongest I'm it's Brian offering a 20 % pay raise for permanent workers and 26 % for temporary they would also convert all temporary workers 401k to permanent contributions status and after three more time months off afford no is response also offering from the profit UAW sharing just for yet all employees reminder increased later today alert system at 1 20 alerts in the afternoon will be the sent government on TV will conduct and a radio nationwide and test a of text the emergency message will alert be sent system as a test and to the wireless all across the country so don't be alarmed when you hear that tone the system is used to
Bloomberg Radio New York - Recording Feed
Monitor Show 14:00 09-23-2023 14:00
"With ForgeFX's virtual training program, Zoe Hoecker can practice welding anytime, anywhere through the Tulsa Welding School. As a result, he's able to up -level his skills and advance his career as a welder. Learn more at meta .com slash Metaverse Impact. Since Lara Williams there, well that does it for this week's opinion. We're produced by Eric Amalo. Stay with us. Today's top stories and global business headlines are coming up right now. Across the region and hazardous coastal conditions have been reported from North Carolina to Delaware. The National Hurricane Center says the storm is packing 50 mile per hour winds as it moves inland across eastern North Carolina. Forecasters expect the system to weaken to a tropical depression as it moves north through Virginia, the DC area and Maryland through Sunday. President Biden is joining the United Auto Workers picket line. Brian Shook has more. Biden tweeted that he was going to Michigan Tuesday to stand in solidarity with the workers as the fight for a fair share of the value they helped create. This comes after UAW President Sean Fain announced earlier this week he would send more workers to the picket lines if substantial progress wasn't made with the big three automakers on a new contract. Union workers say they want a 40 percent pay increase, cost of living adjustments and pensions for all workers. I'm Brian Shook. Texas Governor Greg Abbott is deploying more buses to the border towns of Eagle Pass and El Paso as a way to relieve pressure on migrant shelters. The move comes as government reported a record 181 ,000 migrants illegally crossing the border in August, the highest month of August.
News, Traffic and Weather
Fresh update on "brian shook" discussed on News, Traffic and Weather
"Remove its speaker. ABC's Rachel Scott has all the details from Washington, D .C. Kevin McCarthy booted from his position after a rebellion by a mere handful of far -right members of his own Republican Party. The office of Speaker of the House of the United States House of Representatives is hereby declared vacant. Heading into the votes, what brought him to this point, a revolt of a small handful of right -wing rebels, furious that McCarthy cut a last -minute deal with House Democrats and 125 House Republicans to prevent a government shutdown. At the end of the day, keeping government open and paying our troops was the right decision. I stand by that decision. At the end of the day, if I have to lose my job over it, so be it. McCarthy's speakership, defined from the start by the ax hanging over his head with a thin Republican majority. He made concession after concession to win the support of that small right -wing faction. One of those concessions agreeing that a single lawmaker could call a vote to remove the speaker. Today, Congressman Matt Gaetz of Florida did just that. Kevin McCarthy is the Speaker of the House of Representatives and he has failed take to a stand where it matters. So if he won't, I will. With so few Republican votes to spare, I asked McCarthy whether he was counting on support from Democrats to bail him out. Do you need their help to remain in leadership? No, if five Republicans go with Democrats, then I'm out. So it's whether, probably so. He was right. Democrats made it clear they would not come to McCarthy's rescue. We encourage our Republican colleagues, who claim to be more traditional, to break from the extremists in the chaos, in the dysfunction, in the extremism. It left the vast majority of Republicans, though squarely behind McCarthy, infuriated and frustrated with Gaetz and his few allies. They're willing to plunge this body into chaos and this country into uncertainty for reasons that only they really understand. I certainly don't. Think long and hard before you plunge us into chaos. But it was not love to save Kevin McCarthy. Eight Republicans joining Democrats to vote him out. Democratic leader Hakeem Jeffries declaring, it is now the responsibility of GOP members to end the Republican Civil War. The judge in former President Trump's civil fraud case in New York has issued a limited gag order. Brian Shook reports. The decision came after Trump made a post on Truth Social that attacked the judge's clerk. The gag order bars all parties in the case from making social media posts or public comments about the judges staff. The judge said attacks on his staff are not appropriate and will not be tolerated. New York Attorney General Letitia James is accusing Trump and his family of inflating Trump's net worth, leading to him getting better loans and leading to banks to take on bigger risks. I'm Brian Shook Hunter Biden has been arraigned on federal gun charges. His lawyers plan to defend him by using a Supreme Shook. I'm Brian Shook. We'll be citing last year's decision, which dramatically expands the rights of gun owners. ABC senior national correspondent Terry Moran reports on what took place in that Wilmington, Delaware courthouse today. Biden is accused of unlawful possession of a gun by an illegal drug user and lying about his drug use on a background check form when he bought a revolver in 2018, a time when he has acknowledged he was addicted to drugs. The president's son nodding as the judge explained the charges and his constitutional rights and answering, yes, your honor, when asked if he understood it and all then his lawyer entering the plea on his client's behalf, not guilty. Your stock charts .com money update on news radio 1000 FM 97 and seven stocks sold off today with the blue chip Dow Jones industrial average tumbling 431 points. The S and P 500 slid 59 and the Nasdaq composite skidded 248 0 .9%. or 1 A report today says Amazon used an algorithm to test how much it could raise prices in a way that competitors would follow, citing people familiar with the matter. The Wall Street Journal says the algorithm codenamed Project Nessie helped the e -commerce giant improve its profit on items across shopping stories. All of that reportedly contained in redacted portions of the FTC's monopoly lawsuit against the company.
Bloomberg Radio New York - Recording Feed
Monitor Show 12:00 09-23-2023 12:00
"Investment Advisors switch to interactive brokers for lowest cost global trading and turnkey custody solutions. No ticket charges and no conflicts of your interests at ibkr .com slash ria. And next week for the latest on the stories moving big money in the world of sports. Stay with us because today's top stories and global business headlines are coming up right now. 24 hours a day at Bloomberg dot com and the Bloomberg Business Act. This is Bloomberg Radio. President Biden is joining the United Auto Workers picket line. Brian Shook reports. Biden tweeted that he was going to Michigan Tuesday to stand in solidarity with the workers as the fight for a fair share of the value they helped create. This comes after UAW President Sean Fain announced earlier this week he would send more workers to the picket lines if substantial progress wasn't made with the big three automakers on a new contract. Union workers say they want a 40 percent pay increase cost of living adjustments and pensions for all workers. New Jersey Senator Bob Menendez is vowing to fight federal bribery charges and what he calls baseless allegations. Menendez and his wife are accused of accepting money and gifts in exchange for using his position to help three New Jersey businessmen. Menendez released a statement calling it a smear campaign meant to silence him. New Jersey Governor Phil Murphy is among the political leaders calling for Menendez to step down. Here's Scott Pringle. Murphy says the allegations are so serious and deeply disturbing that they compromise the ability of Senator Menendez to effectively represent the people of our state. Menendez has no plans to resign for now. He is stepping down though from his role as chairman of the Senate Foreign Relations Committee. House Speaker Kevin McCarthy plans to cut funding for Ukraine out of a defense spending bill that's being blocked by a...
Bloomberg Radio New York - Recording Feed
Monitor Show 13:00 09-09-2023 13:00
"At Morgan Stanley, old school hard work meets bold new thinking to help you see untapped possibilities and relentlessly work with you to make them real. To learn more, visit Morgan Stanley dot com slash y us. Investing involves risk. Morgan Stanley Smith Barney LLC. On 2000 companies and 130 industries. And remember, you can access Bloomberg Intelligence through BI Go in the terminal. I'm Alex Steele. And I'm Paul Sweeney. Stay with us. Today's top stories and global business headlines are coming up right now. Broadcasting 24 hours a day at Bloomberg dot com and the Bloomberg Business Act. This is Bloomberg Radio. The death toll now topped 1000 after a powerful earthquake struck Morocco. Hundreds more were injured by the rare six point eight magnitude quake that struck late Friday night. Search and rescue operations are underway amid the rubble of ancient buildings in the historic city of Marrakesh. President Biden is among the world leaders pledging support. Biden, who is attending the G20 summit in India, issued a statement saying he is deeply saddened by the loss of life and devastation. He also vowed to work expeditiously to ensure American citizens in Morocco are safe. A federal judge is denying a request from former White House chief of staff Mark Meadows to move the Georgia election interference case against him to federal court. Brian Shook has more. Meadows argued on the grounds that he was a federal officer when the alleged election crimes took place. The move was seen as a better path for Meadows to perhaps get the charges dismissed. Last month, Meadows, former President Trump and 17 others were charged with felony racketeering and conspiracy counts in the 2020 presidential election in Georgia. The most intense Atlantic hurricane so far this season is on a track that would keep it away from Florida, but it could still bring dangerous conditions.
Northwest Newsradio
"brian shook" Discussed on Northwest Newsradio
"To federal court brian shook as meadows argued on the grounds that he was a federal officer when the alleged election crimes took place the move was seen as a better path for meadows to perhaps get the charges dismissed last meadows month former president trump and 17 others were charged with felony racketeering and conspiracy counts in the 2020 presidential election in georgia i'm brian shook at least one member of the u .s supreme court believes the judicial branch of government will deal with its ethics problems robert barnes is covering this for the washington post he spoke with northwest news radio's frank disclosed free vacations taken by justices thomas and alito among other issues what did justice bret have to say about supreme court ethics at a conference of judges and lawyers well he said that he thought something was coming soon from the supreme court on this issue he was not more specific than that uh he noted that the chief justice john roberts in may said that the court could deal with this itself and that there would be separation of powers issues if congress tried to dictate an ethics code for the high court but it seems significant that justice kavanaugh would answer that they were making progress on this because there's really been nothing from the chief justice since then anything specific on changes that the court could implement no there's not you know the court says that it voluntarily complies with most of the restrictions that follow the lower courts but they also say that there are some something unique about not the supreme court that means uh they can't do it all you know supreme court justices can't be replaced in a case if they recuse and so that's one difference who would judge whether the justices had complied with things that's another and issue so there are some issues that apparently the court is working on in private but I should say that the court also one of the justices more than four years ago said that the court was working on an ethics code specific to the supreme court and that hasn't come to pass yet either and and given that long time span that has passed now how soon could we see a new set of ethics rule hard to know uh you know you have to remember that the justices are nine individuals all confirmed by the senate to lifetime employments the chief justice has no more power than the other justices to implement such a plan and so they strive for uh in unanimity these kinds of matters and uh as justice elena kagan said earlier it should not be a surprise that they don't always agree the washington post robert barn speaking with northwest news radio's frank lindsey a medical team has reached the american explorer trapped more than thousands of feet underground in a cave in turkey abc's marcus moore has the latest tonight concaver mark dickey receiving medical treatment three thousand feet underground turkish officials saying the rescuers are now in a position to begin the day's long journey back to the surface we gave four units of blood cell solution to him and also some medications for his stomach and for his general condition rescue team saying dickey's condition is stable and that they are now focusing on the process painstaking of extracting the 40 year old officials say they have split the cave into seven sections based on depth with one rescue team responsible for each layer they expected to take about a week to complete the rescue adding that they are quote preparing the way out to the entrance by installing additional ropes and fixings i was very close to the edge the caver was part of an expedition mapping the vast morja cave in turkey when he suddenly became ill on saturday suffering gastrointestinal bleeding dozens of specialists rescuers from across europe racing to the cave providing dickey with life -saving care dickey himself acknowledging the challenge ahead i'm not fueled on the inside yet so i get out of here your stock charts com money update on news radio one thousand and ninety seven seven stocks close out the week with some modest gains that are up around 75 points the nasdaq and smp seeing some gains as well an auto industry strike may be looming as united auto worker
Bloomberg Radio New York - Recording Feed
Monitor Show 14:00 08-26-2023 14:00
"There is a Bloomberg opinion columnists covering economics and that does it for this week's Bloomberg opinion. We are produced by Eric Mollo and you can find all of these columns on the Bloomberg terminal. We're available as a podcast on Apple, Spotify or your favorite podcast platform. Stay with us. Today's top stories and global business headlines are just ahead. I'm Amy Morris and this is Bloomberg Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. Legendary The Price is Right game show host Bob Barker is dead at age 99. The longtime television host and animal rights activist passed away this morning at his home in Los Angeles. Barker received the Lifetime Achievement Emmy Award for daytime television in 1999. President Biden is commenting on former President Trump's mugshot. Brian Shook reports. When asked about the mugshot Friday, Biden told reporters he saw it on television and called his political rival a handsome guy. Trump on Thursday surrendered to Georgia authorities on charges related to his alleged efforts to overturn his 2020 election loss in the state. Biden also commented on this week's Republican primary debate and said there was a lot of talk, but none of the candidates discussed the relevant issues. I'm Brian Shook. Just one of former President Donald Trump's 18 co -defendants in the Georgia election interference cases being jailed. Jim Forbes has more. Harrison Floyd was denied bond Friday after being considered a flight risk. Floyd is charged with racketeering, conspiracy and influencing a witness. He turned himself in Thursday before Trump, but did not have a lawyer to reach a bond agreement before he surrendered. I'm Jim Forbes.
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"Are subject to greater legal requirements than other guns as they carry the capability of long guns, but are easier to conceal. I'm Brian shook. The estate of Michael Jackson is remembering his ex-wife Lisa Marie Presley in a post on Michael Jackson's Instagram account, the estate said quote, Michael cherish the special bond they enjoyed. Elvis Presley's only child died Thursday after suffering cardiac arrest at her California home, the king of pop's estate added quote he was comforted by Lisa Marie's generous love, concern, and care during their times together, and a leopard that had gone missing at the Dallas Sue has now been found. The zoo was closed much of the day after the clouded leopard, named nova, was reported missing from its habitat when staff members arrived. The zoo later reported the leopard had been found still on the grounds at the zoo, not far from its original habitat. It's not known how she was able to wonder away. That's the latest, I'm Jim Forbes. And now this Bloomberg sports update. The Knicks withstood an onslaught that was Kyle Kuzma as the wizard star lit up New York for 40, but the Knicks prevailed at the wizards one 12 one O 8 Jalen Brunson had 34 for New York as the Knicks held off a furious rally late by Washington. New York had four players reached double figures with Emmanuel quickly coming off huge from the bench. He had 18 points. The Knicks are 5 games above 500, 6 seed in the Eastern Conference. There are game ahead of Miami and Indiana just two games back of the sixers. New York continues a road trip Sunday in Detroit, then it's a quick turnaround they host Toronto Monday afternoon. It's an MLK matinee. The natural second seat in the east and enjoying a couple of days off before wrapping up the home stand Sunday against the thunder. Then it's off to San Antonio who on Friday set an NBA all time attendance record for a single game over 68,000 people packed the Alamo dome in return against Steph Curry and the warriors who blasted San Antonio. Baseball off season news, mets first baseman. Pete Alonso and the club are in an agreement on a one year $14.5 million contract to avoid arbitration. Sources say it's largest arbitration deal given out to a first baseman. It's wild card weekend in the NFL and the Giants visit Minnesota Sunday afternoon at four 30 despite the Vikings being 8 and one at home this year. They're just a three point favorite Minnesota safety Harrison Smith is questionable with a knee injury. The Giants come in with no question marks as of Friday night. On the frozen floor, the Devils won 6 two in Anaheim, a pair of goals for jesper bratt and Jack Hughes, Devils are just two points out of first in the metro division trailing the Carolina hurricanes, road trip continues tomorrow in LA against the kings, islanders also Canadian Saturday rangers put them up Sunday. That's your Bloomberg sports update. I'm rob busha. This is a Bloomberg money minute. Bed Bath & Beyond started the new year with a warning that it might not be able to stay in business. And that's not the only signal that this year may be different and more difficult for more retailers. 2023 is more likely going to be a bigger year for store closings and bankruptcies. After a two year break from such prominent signs of retail distress, says Lindsay Dutch and analyst for Bloomberg intelligence. And beyond announcement
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"Have been delayed or canceled Friday. That's according to flight aware as the impacts of a winter storm are being immense all across the country. Southwest Airlines has delayed almost half of its flights nationwide, with the Alaska airlines canceling almost 60%, a staggering 70% of all flights to and from Portland international have been canceled as well. And the special counsel appointed to review the FBI's investigation of the 2016 Trump campaign is costing taxpayers nearly 6 and a half $1 million, borne out from Brian shook. That's according to a Justice Department report special counsel John Durham was appointed in 2019 to examine how federal law enforcement investigated possible coordination between Trump's campaign and the Russian government. The probe, which is winding down has resulted in one conviction of an FBI lawyer. I'm Brian shook And I'm Jim Ford. Now this Bloomberg sports update, the Brooklyn Nets extended their winning streak to 8 games on Friday night, defeating the visiting bucks one 18 100. Kevin Durant has 24 points leading 6 nets and double figures, including all 5 starters and TJ Warren. Giannis Anthony Cooper's 26 points and 13 rebounds, not enough from Milwaukee, the nets will visit Cleveland on Monday night. The next lost to the bulls one 18 one 17 and a speaker at the garden Friday evening, RJ Barrett scored 44 points, but the more Derozan scored the game winning bucket with .4 on the clock on a 22 foot pull up jumper. The Knicks host the sixers on Sunday, one of 5 Christmas Day NBA tilts, Philadelphia won their 7th street, Friday evening, by the way, over the visiting clippers one 19 one 14, Joel embiid also had 44 points while James Harden added 21 assists. The Giants will be looking to earn their second consecutive win, visiting the Vikings this afternoon, New York enters week 16 as the succeed in the NFC playoff picture. And the jets play off hopes took a major hit after falling 19 to three to Jacksonville on Thursday evening, Zach Wilson was benched in the loss, New York is now tied with Jacksonville for 9th in the AFC with a record of 7 and 8, the jets visit Seattle on New Year's Day, the Seahawks visit the chiefs, this afternoon. And jets wide receiver coach miles Austin is being suspended for at least one year for violating the NFL's gambling policy according to ESPN. On the ice Friday night, the Devils fell to the visiting bruins four to three, the islanders handled the Panthers 5 to one at home. Alex Ovechkin swore two goals
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"Tunnel underneath an Egyptian temple that could lead to Cleopatra's tomb. Kathleen Martinez has been searching for the queen's lost tomb for close to 20 years. She told CNN her team found a huge religious center with more than 1500 objects, including a large collection of coins printed with images of Cleopatra and Alexander the Great. She said the underwater tunnels lead to the Mediterranean Sea and other structures which will be the next step in her search. I'm Brian shook. And I'm Charlie pellet, at Bloomberg world headquarters, a wild week for the U.S. stock market is behind us a week in which the S&P 500 Index advanced 5.9% NASDAQ this week was up by 8.1%. Stocks had their best week since June. Gargi chautari is head of iShares investment strategy at BlackRock financial management. She says the Federal Reserve now faces a long slog. If the fed is truly going to be restrictive, till they get it from the 5 handle down to a three handle. We're not seeing that till much towards the end of next year. So that's still far away. BlackRock's gargi choudhury, but cam co investors Chris morangis says the evidence is mounting that the higher rate cycle can end. What the fed has done is really having an impact. You're seeing anecdotally consumer demand finally taking a hit and companies respond with layoffs. And that is obviously the intended effect for raising rates. So we're going to see probably a week or payrolls going forward. And that should be just more confirmation that the fed can probably back off a little bit. Chris meringue. So what about the equity market outlook for the rest of the year? Sarah hunt is portfolio manager at Alpine Woods capital investors. So I think that you've got a glide path into the end of the year without a lot of data coming up, except if you get a very weird CPI print in December because it could go higher since some things have gotten higher again. Or you get some employment numbers that are so strong that people start to get worried that the fed can't go slower at some point. But I think right now through the end of the year, it's probably okay. Sarah hunt of Alpine Woods, the Dow the S&P and stack all higher today S&P up 36 up 9 tenths of 1% the Dow up 32 up one tenth NASDAQ up 209 up 1.9%. 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 Charlie palette. This is Bloomberg. This is Bloomberg best. Bloomberg radio is everywhere. I always accurate and precise Bloomberg's really one of the places that's reporting facts. Your communication capabilities are wonderful for our business. I'm Ed Baxter. And I'm Denise Pellegrini on this weekend edition of Bloomberg best. How careful do we need to be about investing in stocks right now? In trash equities in Europe in Japan and in emerging markets for all of them, when you take the currency and the valuations into account, we're looking at average gains of more than 10% per year. John Kerry says climate change is the new normal. We're not moving fast enough. We're not doing enough. The CEO of American Express says we still need to keep an open mind on crypto. The one thing you have to be able to do in this particular job is you can't be just so singular focused that you lose track of what's going on around you. Bloomberg best, Bloomberg's best stories of the week, powered by 2700 journalists and analysts in more than a 120 countries around the world. And you know, we are back to Wall Street's favorite parlor game being second guessing the fed again. And Thursday's CPI report showing a weaker than expected rate of inflation, well, inspired quite a party. Yeah, it sure did. And
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"Communities. I'm Brian shook. From Bloomberg world headquarters in New York, I'm Doug prisoner, the stock market plunged today after fed chair Jay Powell suggested the fed is likely to keep raising rates and leave them elevated for a while as it fights inflation. The historical record cautions strongly against prematurely loosening policy. Committee participants most recent individual projections from the June SEP showed the median federal funds rate running slightly below 4% through the end of 2023. Powell also pushed back against any idea that the fed would soon reverse course. Even with Powell's hawkish remarks and the subsequent route in equities, financial conditions are mildly restrictive. Here's Bloomberg great strategist Ira Jersey. So the fed has to do the job of actually tightening financial conditions because the market isn't doing it for them. And what that means is that the Federal Reserve will have to probably hike a little bit more. I tend to be a little bit more in the four to four and a half percent camp for where we're going to see the terminal rate. Former US Treasury secretary Larry summers noted a shift in Powell's language, saying the remarks were concise. It was clear despite some earlier confused talk about neutral that he was under no illusion that monetary policy was in an appropriate place right now. It was clear that whatever the academic arguments about demand shocks versus supply shocks said, the fed couldn't accept continuing high inflation and had to act until it was clear that that was going away. Now the fed's position on restrictive policy does raise the odds of recession, so not surprisingly, the equity market plunged today. We had the Dow industrial average down 3%, the S&P 500 tumbled 3.4% the NASDAQ composite dropped nearly 4%. Global news 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts and more than 120 countries. This is Bloomberg
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"I'm Brian shook. And I'm Doug prisoner Bloomberg world headquarters in New York. Let's check this hour's top business stories and the markets, BHP reported its highest full year profit ever thanks to record commodities prices, the world's biggest miner had underlying earnings of about $24 billion, BHP also said it will study plans to expand its iron ore unit to 330 million tons of production a year. Right now, shares in BHP trading higher by 4.7% in Sydney. Citadel securities, the market maker founded by billionaire Ken Griffith raked in a record $4.2 billion of net trading revenue during the first half of 2022, we are told revenue surged about 23% from last year. Activist investor Dan Loeb's investment firm third point has taken a significant stake in Disney in recent weeks and in a letter to CEO bob chapek, Loeb suggested a strong case be made that Disney's ESPN business should be spun off to shareholders. Crude oil was down in the New York session by nearly 3% in addition to concerns about weaker demand, Iran has signaled it may be close to a nuclear deal with the U.S., so the market now is beginning to explore the possibility of restoration to Iranian crude exports on global markets, WTI right now is weaker by 9 tenths of 1% in the electronic session where trading 88 59. U.S. home builder confidence fell for an 8th consecutive month in July it marks the worst stretch in the housing market since the collapse in 2007 tomorrow in the U.S. will get data on housing starts. We check markets every 15 minutes here on Bloomberg. Right now in Tokyo, the equity market is flat in Hong Kong to hang seng, little changed on the Chinese mainland Shanghai composite better by two tenths of 1% in Seoul the Cosby up a half of 1% and in Sydney, the ASX 200 had 6 tenths of 1%. 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. This is Bloomberg
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"Was elected president. I'm Brian shook. And I'm Charlie pellet. At Bloomberg world headquarters, stocks came roaring back with the best month for the S&P 500 Index since 2020. For the week, the S&P 500 Index was up by 4.3% after solid earnings from tech mega caps, beat occur as co head of investment strategies that Bernstein private wealth management. We have to remember that the market already priced in a lot of damage. And I think that's what keeps individual investors going. Really thinking about what is the equity market look like from here. Bernstein saw another up week for the S&P 500 Index to in a row, Matt Peron is managing director at Janice Anderson. You know, we look at it as somewhat of a relief rally. We wouldn't necessarily call it a dead cat balance. We think that the market will eventually find its footing. But this recent balance is probably because, hey, earnings weren't as bad as feared, right? We've been focused on inflation numbers on the multiple. And now we got to focus on earnings. People thought this would be the earnings season where we managed to have to cut and slash even their earnings estimates. And that hasn't been the case. Matt Peron of janus Anderson. Apple rallied today after earnings, Dan Ives is an analyst with web bush securities. I think China was the shocker down only 1% given the shutdowns. I mean, that was really surprising to the street. And I think it just shows that demand story holding up really globally. Dan Ives of Wedbush Apple today up 3.3% the tech stand out by far though, Amazon.com up 10.4%. S&P up 57 a gain of 1.4% that now up 315 up 1% NASDAQ up 228 up 1.9%. 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 Charlie palette. This is Bloomberg
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"Was elected president. I'm Brian shook. And I'm Charlie pellet At Bloomberg world headquarters. After a horrific first half, the S&P 500 Index has wrapped up its best month since November of 2020, while the NASDAQ 100 index had its strongest performance since April of that same year. Tech led today's gains for the week, the S&P 500 Index was up by 4.3%. Today, the S&P gained 1.4%, Barbara and Bernard is chief investment officer of wind crest capital. Yeah, I think this is a bear market rally for sure and it's based on hope, not on free cash flow. Not on the free cash flow of the consumer and not on the free cash flow of the corporate. Barbara Ann Bernard of wincrest, so a busy week for earnings is behind us and markets are breathing a sigh of relief, and a station chamois is chief investment strategist at I capital. Everybody was expecting a pretty terrible earnings season and specifically we're expecting to guidance is going to be revised significantly down. And that's not been the case. Anastasia chamois of eye capital and speaking of earnings, Amazon delivered a blowout report and it delivered a strong sales forecast. Our own Sunday arm is an analyst with CFR. They have a huge third party seller business and they can rely on those third parties during these kind of times. And in fact, this quarter this past quarter, third party mix at a total unit sales was 57%, and that was the highest on record so that Amazon is relying a lot more on their third parties these days. Harun sandora, CFR, Amazon up today by 10.4%. Walmart is pitching refurbished goods to inflation squeezed shoppers. S&P up 57 points today up 1.4% the Dow up 315 up 1%, NASDAQ rallied 1.8%. 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 Charlie palette. This is Bloomberg
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"Brian shook. And I'm Charlie pellet. At Bloomberg world headquarters, stocks came roaring back with the best month for the S&P 500 Index since 2020. For the week, the S&P 500 Index was up by 4.3% after solid earnings from tech mega caps, beat occur as co head of investment strategies that Bernstein private wealth management. We have to remember that the market already priced in a lot of damage. And I think that's what keeps individual investors going. Really thinking about what is the equity market look like from here. Bernstein saw another up week for the S&P 500 Index to in a row, Matt Peron is managing director at Janice Henderson. You know, we look at it as somewhat of a relief rally. We wouldn't necessarily call it a dead cat balance. We think that the market will eventually find its footing. But this recent balance is probably because, hey, earnings weren't as bad as feared, right? We've been focused on inflation numbers on the multiple. And now we've got to focus on earnings, people thought this would be the earnings season where we managed to have to cut and slash even their earnings estimates. And that hasn't been the case. Matt Peron of janus Anderson. Apple rallied today after earnings, Dan Ives as an analyst with Wedbush securities. Look, I think China was the shocker down only 1% given the shutdowns. I mean, that was really surprising to the street. And I think it just shows the demand story holding up really globally. Dan Ives of Wedbush Apple today up 3.3% the tech stand out by far though, Amazon.com up 10.4%. S&P up 57 a gain of 1.4% that now up 315 up 1% as stack up 228 up 1.9%. 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 Charlie palette. This is Bloomberg
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"Professionals. I'm Brian shook. And I'm Doug prisoner at Bloomberg world headquarters in New York. Let's check this hour's top business stories and the markets. Ali Baba will apply for a primary stock listing in Hong Kong. This move will make shares accessible to mainland Chinese investors through Hong Kong stock trading links with both Shanghai and Shenzhen, Alibaba currently has a primary listing here in New York in a secondary listing in Hong Kong right now shares in Hong Kong and Alibaba trading higher by more than 3.3%. Coinbase global is facing a U.S. probe into weather it improperly allowed Americans to trade digital assets that should have been registered as securities. We are told this pro predates an SEC investigation into alleged insider trading and an SEC lawsuit against a former coinbase manager and two other people. After the belly in the U.S. Walmart cut its sales and earnings guidance for the second quarter and the full year, the retailer cited the need to lower prices to clear bloated inventories, shares in Walmart fell 10% in the late U.S. session, NXP semiconductor says revenue for the third quarter will be above estimates, however, earnings for Q two fell short of forecast, the stock was down by more than 2% in late U.S. trading NXP is the second largest supplier of semiconductors for the automotive industry. We check markets every 15 minutes here on Bloomberg. Right now, in Tokyo, we've got the nikkei down just two tenths of 1% in Hong Kong, the hang seng rising a half of 1% on the Chinese mainland Shanghai composite better by two tenths of 1% in Seoul the Cosby is up more than two tenths of 1%, and in Sydney, the ASX 200 higher by just a tenth of 1%. South Korea's economic expansion accelerated in the last quarter, GDP was up at a rate of 7 tenths of 1% in Q two. 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. This is Bloomberg. This is Bloomberg law. A divided Supreme Court rejects a religious challenge. Tell us a little about the facts of the case. Interviews with prominent attorneys in Bloomberg legal experts. My guest is former federal prosecutor Jimmy Carole joining me as Bloomberg law reporter Jordan Rubin. And analysis of important legal issues, cases in headlines. The Supreme Court takes on state secrets multiple lawsuits were filed against the emergency rule. Is this lawsuit for real? Bloomberg law with June Grasso. From Bloomberg radio. Welcome to the Bloomberg law show. I'm June brosso, ahead this hour. Senate Democrats are building Republican support to protect same sex marriage. And is there really enough evidence to indict former president Donald Trump? The house
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"I'm Brian shook And I'm Charlie pelota Bloomberg world headquarters another losing week for the U.S. stock market with the S&P 500 Index down 5.8% on the week down ten of the last 11 trading sessions It was a week that was dominated by central banks Christina hooper is chief global market strategist at invesco Certainly traders are digesting and getting a little more comfortable with a 75 basis point hike We have to recognize though that it hasn't happened in almost 30 years So it can be jarring and the digestion is going to take time In Vasco's Christina hooper and so another volatile week with the fed meeting is behind a strew Mattis chief market strategist at MetLife investment management That seems a little disjointed here They told us 50 then all of a sudden it was like oh no we're going to go 75 after they ruled out 75 the meeting before Nothing really changed all that dramatically There was a slight uptick in inflation expectations on one survey So it doesn't really justify the kind of swings we're seeing in fed policy And I think that should probably make everyone nervous Drew Madison of MetLife and while it was a losing week for stocks Jonathan Gallup chief U.S. equity strategist at Credit Suisse securities remains bullish If you think that we have a recession in 6 to 9 months the downside from here is substantial If you believe that the recession is in the latter half of 23 or further out then you got to buy stocks right here because the earnings will come through and it won't be an earnings problem Jonathan Gallup of Credit Suisse The S&P was up two tenths of 1% today the Dow fell 38 day fade down one tenth of 1% NASDAQ up 152 up 1.4% 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 Charlie palette This is Bloomberg This.
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"Brian shook And I'm Doug prisoner at Bloomberg world headquarters in New York Let's check this hour's top business stories on the market swell the fed delivered a 75 basis point rate hike Its biggest increase in nearly three decades and the intent is clear Crush inflation You may remember the unexpectedly hot reading last Friday on U.S. consumer prices Today fed chair Jay Powell seemed to imply the fed became concerned over a potential unmooring of inflation expectations Now that was after the University of Michigan surveys showed long-term inflation expectations spiking and Powell issued this warning Don't expect 75 basis point moves to be common Crude oil in New York trading fell after the U.S. government said production in the states climbed to 12 million barrels a day for the first time since the beginning of the pandemic now at the same time gasoline demand edged lower and trailed seasonal norms we had WTI crude oil falling 3% in New York Right now in the electronic session though we're picking up 1% to one 1650 that's WTI crude Shares in Boeing rallied by more than 9% in the regular session that was after China's southern airlines conducted test flights with a 7 37 mechs jet for the first time since March and Twitter has canceled a company-wide retreat scheduled for January 2023 a Disneyland Twitter saying it's due to cost cutting measures to reduce corporate travel We check markets every 15 minutes here on Bloomberg Markets right now across the apac region are mixed the nikkei off session highs up about 1.9% in Hong Kong the hang seng is now weaker by four tenths of 1% Shanghai composite down a tenth of 1% in Seoul the Cosby up one and a half percent and in Sydney the ASX 200 higher by half of 1% 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 This is Bloomberg.
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"Say gas powered engines are still needed because the push to electric vehicles is hampered by issues with the Ford ability charging outlets and driving range I'm Brian shook And I'm Charlie pellet That Bloomberg world headquarters a late day rally is dip buyers emerged in the final minutes of trading It was an update for both the Dow and the S&P a down day for the NASDAQ composite index As for the outlook Adam Parker is founder and CEO of try variant research I think the single most important investment signal in the next 6 months is going to be gross margins meaning can companies offset rising wages rising oil rising who you'd et cetera and pass that along to the customers without seeing any margin contraction Adam Parker of try variant of the U.S. and the European Union are pushing to boost supplies of liquefied natural gas to European countries by the end of 2022 in a bid to displace Russian gas a political framework that now leaves companies to sort out the details And he could Gupta is research director at wisdom tree UK limited The only alternative is demand destruction We will have to see rational rationing in of energy usage come into play in order to reduce that reliance in order to reduce that dependence until the necessary infrastructure is in place And he could Gupta of wisdom tree as for the impact on the European economy Jim Bianco is the president of Bianco research It's nice that we put together an LNG deal with Europe but we don't have the infrastructure It's not as much as just sign a sheet of paper and therefore they're going to get more gas They'll get it eventually but it's not going to stop a recession in Europe or at least a dramatic slowdown at the very least Jim Bianco of Bianco research S&P 500 Index up today by 22 points up 5 tenths of 1% the Dow up 153 up four tenths NASDAQ down 22 a drop of two tenths 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 Charlie pallet this is Bloomberg Bloomberg wealth is brought to you by Bank of America For insights so impressive you can't stop getting smarter visit Bank of America dot com slash smarter What would you like the power to do Bank of America NA member FDIC.
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"Clover each day from March 22nd until December 4th last year I'm Brian shook Now this Bloomberg sports update the next win for the 5th time in 7 games defeating Washington 100 to 97 the wizards have now lost 6 straight and 9 of their last 11 Julius Randle and RJ Barrett each at 18 points to lead the nooks and Randall pull down 17 rebounds former Christophe's porzingis scored 18 points for Washington at the Barclays center Kevin Durant scored 38 points and leading the nets to a one 28 one 23 win over Portland South Korea added 27 as the nets moved three games over 500 Portland has lost three in a row and 9 of their last 11 A disappointing 9 four the seton hall pirates they lose to Texas Christian university 69 to 42 in their first round south region NCAA basketball tournament game Satan holds setting the record for the fewest amount of points scored and their tournament history with 42 the previous low was 52 also advancing out of the south region Ohio State Villanova and Illinois along with top seed Arizona and Houston In the east region Purdue and Texas advanced to the second round St. Peters takes on Murray state later this evening at 7 45 and their second round east region game In the Midwest region Wisconsin was able to hold off Colgate Iowa state Miami and auburn advance and the west region Texas tech duke and Michigan state around to the second round and Notre-Dame following their Wednesday night play in victory over Rutgers defeated Alabama 78 64 to advance to the second round as well Baseball news the Yankees dropped their pre season opener to Pittsburgh four to three before the game the Yankees trade at first baseman Luke Voight to San Diego for pitching prospect Justin Lang lumet's play their pre season opener against Washington later this evening And the Phillies have reached agreement with outfielder Nick Castellanos on a contract and kindling Janssen going to the braves on a one year $16 million deal With a Bloomberg sports update I'm Tom Rogers This is Bloomberg businessweek inside from the reporters and editors who bring you America's most trusted business magazine Plus global business finance.
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"Of Ukraine President Biden is announcing more sanctions against Russia over its invasion Biden is calling for Congress to remove favored nation status which makes it very hard for Russia to do business with the U.S. The mayor of Warsaw Poland says there needs to be a better system in place for refugees fleeing Ukraine He said hotels and stadiums are currently being used to house Ukrainians We can not improvise anymore People for force for more So our accepting people to their homes who are adopting hotels who are adopting all the facilities of the cities in order to welcome refugees for adopting our stadiums He said more than 30% of those coming to his city are in need of assistance for housing and other necessities The Pentagon is praising Ukrainians fight while condemning Russia's actions press secretary John Kirby told reporters Ukraine posed no threat to Russia and provoked no one This has been a special report I'm Brian shook And I'm Charlie pellet at Bloomberg world headquarters It was the worst week for the U.S. stock market since January down this week by another 2.9% the second weekly decline in a row risk sentiment deteriorated after Ukraine's top diplomat said he did not see progress in talks with Russia as for the overall market backdrop Emily Roland is a strategist at JH investments We're looking at an environment which is the fundamental backdrop remains decent here You know we've seen this negative price action play out We're at about a 12% or so decline from the peak in the market but that's really been based on fears of fed tightening geopolitical risk coming to the forefront Meanwhile earnings estimates continue to move higher here Emily Roland of JH investments now on the economic outlook could we see a recession Malcolm etheridge is executive vice president at CIC wealth We are starting to hear that our word recession thrown around more and more frequently which is a little bit concerning Frankly generally when we as a collective start to hear and think recession we begin doing irrational things with our money like selling out at the bottom of a market for example Malcolm ether of CIC wealth Federal Reserve policymakers will meet next week as for the path of how many rate increases to expect Michael Collins is senior portfolio manager at pgim fixed income So I think the risk now is actually more to the downside than the upside And I think that means the fed even though inflation is going to be really elevated and really sticky you know they really have to be careful here And they just can't over hike Michael Collins of PGM S&P down 55 down 1.3% today the Dow dropped 7 tenths of 1% NASDAQ town 2.2% 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 Charlie palette This is Bloomberg Broadcasting live from the Bloomberg interactive broker studio in New York To Washington D.C. Bloomberg 99 one to Boston Bloomberg one O 6 one to San Francisco Bloomberg 9 60 to the country Syria's XM channel one 19 and around the globe the Bloomberg business act in Bloomberg radio dot com This is Bloomberg best I'm at Baxter And unto these Pellegrini Ed it has been a wild wild week in commodity markets Right and he said at one point earlier in the week of massive rally in nickel prices actually prompted the 145 year old London metal exchange to temporarily suspend nickel trading And as you can imagine some traders were not too happy about that Yeah but CEO of Matthew Chamberlain tells Bloomberg's Anna Edwards he sure that that was the right choice So.
Bloomberg Law
Tropical Storm Ida Nears Louisiana, Prompting Governor's Emergency Declaration
"A state of emergency ahead of Tropical Storm Ida. Edwards says the declaration will help everyone prepare for the storm, which could hit Louisiana late Sunday or early Monday. The governor wants people to be ready for tropical storm force winds, flash flooding and storm surge. I'm Brian shook
Bloomberg Businessweek
When Will the COVID-19 Vaccine Be Available for Kids Under 12?
"Suffering. From gunshot wounds. The American Academy of Pediatrics is pushing to get the coronavirus vaccine available to kids. Brian Shook has the latest Academy president, Dr Lisa Vo Beers, wrote a letter to the FDA, saying the agency needs to work aggressively towards authorizing safe vaccines for Children under age 12. Years noted last week saw the biggest week over week percentage increase in cases among kids since the pandemic started. The delta variant was also a factor in writing the letter. Only one vaccine has been
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"Once again, the company announced. It'll slowly bring back a pre pandemic staple to its stores. I'm Brian Shook and I'm Charlie Pellet at Bloomberg World headquarters. It is onto the trading month of June stocks notch their fourth straight monthly advance as data signaling prospects for a sustained rebound of the U. S. Economy outweighed inflation worries. Brian Levitt is senior investment strategist at Invesco Well continues to be a good backdrop for equities. It's an economy that is improving market of Lee from where we were certainly a year ago. So today, traders Focusing on the outlook for higher spending that could boost growth instead of worrying about inflation pressures. Meghan Green is senior fellow at the Harvard Kennedy School. So I think that wages and salaries data suggests that we're not getting wage spiral, and that makes sense given everything we know about worker power and how much it has decreased over the past couple of decades, so I think it would be really difficult to actually get a week spiral now and Tom's its source is head of fixed income research and strategic US research partners. The things I'd be looking at for my kind of inflationary checklist. Our housing market's strong That's inflation amplifier. Municipal spending likely to rise federal government spending also inflation amplifiers. Dollar weakness also an inflation amplifier, and we do expect further dollar weakness this year. Energy prices moving higher Also in inflation, amplifier with one missing piece is doing households do laborers believe they have pricing power sources tell Bloomberg Privy in Automotive. That's the electric trucks start up back by Amazon has selected underwriters for an I P O. That could come later this year. SMP this week up 1.2% for the month of May up 5/10 of 1% Today, the S and P up three little changed up less than 1/10 of 1% the Dow Up 64 up 2/10 nez stack up, 12 up 1/10 of 1%. Global use 24 hours a day on a random Bloomberg quick take power by more than 2700 journalists and analysts and more than 120 countries. I'm Charlie Pellet. This is Bloomberg. This.
The Tom Sullivan Show
Netflix CEO Donates $3M to Defend Gavin Newsom Against Recall
"Donating $3 million to shield California's governor from a recall vote. Hastings Donation is the largest sum of money that spend donated to the governor's recall campaign. So far. Under California rules, Governor Gavin Newsom can raise unlimited funds to fight the Republican recall effort. The recall vote is expected to land before voters in the fall. I'm Brian shook. That's
Bloomberg Law
Arizona Governor Signs Bill Blocking Abortions Based on Genetic Issues
"Is touting Arizona as one of the strongest pro life states in the nation Do see signed a bill today, making it illegal to have an abortion because of genetic issues. He says the law forbids abortions that would be done solely because of a genetic abnormality like down syndrome. I'm Brian shook
Bloomberg Businessweek
Matt Gaetz dismisses sex trafficking allegations
"Florida Congressman Matt Gates is dismissing sexual misconduct claims against him. Brian shook with more. Speaking to a conservative women's group at Trump National Doral in Miami, Gates argued he's built for the battle and not going anywhere. Republican called the claims smears but argued the past week has been very encouraging. His comments Friday come amid a reported federal investigation into Gates over sex trafficking
Bloomberg Businessweek
GM cutting overtime shifts at two U.S. truck plants due to chip shortage
"Forcing General Motors to reduce overtime shifts at two assembly plants. The cuts will affect Flint, Michigan and Fort Wayne Indiana plants, which produce a variety of pick up models from the Chevy and GMC brands. A total of three overtime shifts between both facilities will be removed this weekend. I'm Brian shook
Richard Eeds
'Wheel of Fortune' contestant loses over technicality
"Foul after a contestant lost on a technicality. Yesterday, David Peterson thought he solved the puzzle when he said, soul flounder, cod and catfish, but he was crushed when host Pat Sajak said that was incorrect because Peterson said the word and which is not allowed under the rules. Next contestant quickly repeated the same list of fish but dropped the word and and one nearly two grand and a trip to Nashville. Brian shook NBC news radio.
The John Phillips Show
Manchin after border visit: 'Past time to do immigration reform'
"Senator Joe Manchin thinks his past time for lawmakers to work on immigration reform, Brian shook reports The West Virginia Democrat visited the southern border and argued he sees a human crisis there, He insisted something needs to be done quickly because this problem will not cure itself. Mansion noted immigration reform should provide a pathway to citizenship, including for dreamers who have no other home but America. His trip comes as the Biden administration faces criticism over a surge of migrants at the border. Including thousands of unaccompanied
Mark Simone
Biden Says Wearing a Mask Should Be 'Viewed as a Patriotic Duty'
"Governors nationwide to keep mask mandates in place to protect against coronavirus. Brian Shook has more. He said. Those states and local authorities who have lifted requirements for facemasks should reinstate them. He said. His call is in political, adding that masking up should be a patriotic duty. The president said not taking the virus seriously, risks, more cases and more deaths. States and local governments have started to remove mask requirements as covert cases fall and more people become vaccinated. I'm
Bloomberg Daybreak Weekend
Beverly Cleary, beloved children's book author, dies at 104
"A beloved Children's book author Beverly Cleary has passed away. Brian Shook has more HarperCollins publishers says the Ramona Quimby writer, died Thursday in Carmel, California at the age of 104. Her first book, Henry Huggins, was published in 1950. Dozens more followed. Cleary's books have sold more than 85 million copies and been translated into nearly 30 languages. She also spent time as a Children's library
710 WOR Programming
New York City had largest spike in anti-Asian hate crimes among major cities in 2020
"Stance shows anti Asian hate crime jump significantly in major cities Last year, most notably you're in the Big Apple. Brian shook with details. The research from the Center for the Study of Hate and Extremism at California State University. San Bernadino examined hate crimes in 16 of the country's largest cities, It showed while such crimes decreased overall by about 7%, those targeting Asian people rose by nearly 150%. New York City showed the largest increase from just three instances in 2019 to 28 in 2020. The overall number went up from 49 2 years ago to 122 last year. I'm Brian Show
Bloomberg Daybreak Weekend
FDA panel endorses Johnson and Johnson's COVID-19 vaccine
"Of Johnson and Johnson's covert 19 vaccine. The panel voted unanimously Friday to recommend the FDA approved it for emergency use. The governmental body is expected to do so in the coming days, making it the third vaccine approved to protect Americans from the coronavirus. Both visors and modernize vaccines were approved earlier. The Johnson and Johnson vaccine is a traditional vaccine. Unlike both visors and Madonna's messenger RNA vaccines, it only requires a single dose instead of two and does not need ultra cold storage. I'm Brian Shook. Archaeologists
Stephanie Miller
Biden announces creation of Defense Department China task force
"Putting together a review of the Chinese strategy and the Department of Defense, Brian shook with my commander in chief announced a task force that will look over the military's approach in Asia defense relations with China and other areas. The group will work for a few months before sending recommendations to the defense secretary by noted the U. S. Needs to meet challenges posed by China to keep And defend interests in the region. Adult
Bloomberg Radio New York
"brian shook" Discussed on Bloomberg Radio New York
"Of the notebook where members of the website identified the name on the book as a member of a local band. I'm Brian Shook And I'm Charlie Pellets at Bloomberg World Headquarters. Ah, winning week for the Dow, The S and P and NASDAQ A record closed today for the NASDAQ composite index. But it down Friday for the S and P 500 index stocks slipped from records as investors grew anxious of the virus will hamper growth for longer than expected, and Democrats may struggle to get a nearly $2 trillion spending bill through Congress. Maryland. Watson is head of global fundamental fixed income strategy at BlackRock Financial. We think that once the vaccine has been rolled out in a meaningful way, then we really will start to see some very positive growth coming through. We're already seeing the shoots right now. I'm seeing that in the stock market and elsewhere. We can see that we think you know, nominal growth and particularly think he's going to be very strong. And today we got industry data suggesting American manufacturing is gaining Mork around in the aftermath of the covert 19 economic shock with that story, Here's Bloomberg's Vinny del Jude eyes. I just market reports that factory index scored the highest reading in data going back to 2007. Composite and extracting both U. S. Factories and services also advanced. The improvement stands in stark contrast to the euro area where I just market data are pointing to a double dip recession and eat out. Jude I. Spoon Burke Radio has for the Economic Outlook. Thomas Costerg as senior U S economist at Bank Big Day. I think now that worries about Yeah, the second quarter because we all expected a big rebound in the second quarter, while at least here in Europe is staying in the U. S. And it may not happen. I think that's that's the risk, Nbcuniversal says. It's shutting down its sports channel Nbcsn Foley has moved by media giants to slim down their portfolios in the face of cord cutting s and P Down 11. A drop of 3/10 of 1% the Dow Down 179 down 6/10 of 1% NASDAQ up 12 at a record up 1/10 of 1%. Global use 24 hours a day on air and on Bloomberg Quick, take power by more than 2700 journalists and analysts and more than 120 countries. I'm Charlie Pellet. This is Bloomberg. This is Bloomberg.