18 Burst results for "Brooke Jenkins"
Bloomberg Radio New York
"brooke jenkins" Discussed on Bloomberg Radio New York
"Paxton victim in to the middle on the of is unions any the accused Hollywood and of of the riders. writers charges. abusing strike. his Barrymore office to said Drew benefit Barrymore they The actress won't a break shared political is any an apologizing donor. rules emotional and video will for He'll be be on in removed her full decision Instagram if to 21 saying bring back state she her deeply daytime senators apologizes talk vote show in A Florida high school track coach is facing criminal charges accused of sexually battering a 16 -year -old boy while he was HIV positive. Jim Forbes has more. Sheriff Grady Judd says detectives began looking into Jarvis Young of Lakeland late last month. He and a classic child predator he got away with this before and he wasn't smart enough to quit because he's addicted to having sex or trying to have sex with teenage boys. Judd says he's convinced that there are other victims and says he's hoping someone will come forward. The superintendent says the district will rescreen coaches and increase the frequency of background checks. I'm Jim Forbes. Law enforcement are ready to crack down on retail crime and the state of California is ready to foot the bill. The Board of State and Community Corrections just announced that they are distributing over $267 million dollars in grant funding to local cities and counties across the state to help combat these crimes and hold those who commit these crimes accountable. California Highway Patrol Commissioner Sean Durie says the money will help police and sheriff's departments and DAs statewide crack down on organized retail theft. San Francisco District Attorney Brooke Jenkins thinks the smash and grab tactics have contributed directly to retailers closing their doors permanently in San Francisco. And as crime trends evolve, city staffing often does not, so Jenkins says she's grateful for the funding. The state is awarding $267 million dollars to 55 police, sheriff's departments and DAs This is in California. A seemingly random stabbing on the streets of Manhattan Friday afternoon, Andrew Whitman has more. It happened in front of an NYU fitness center on Lafayette near 4th Street in the East Village around 1 30. The Daily News reports the attacker walked up behind a 20 year old man and stabbed him twice in back without saying a word. The victim took himself for treatment. Police say their suspect has a ponytail was carrying a red suitcase. I'm Deena Kodiak. And and dived in East Pellegrini in the Bloomberg Newsroom. As we've been reporting, it looks for now like the U .S. will escape the brunt of Lee, but coastal regions of the New York tristate area bracing for some flooding, some conditions kind of similar to a Easter nor when you think about it. Similar picture from Massachusetts and up in Maine. Well, it's closer to Canada where the storm could hit hardest tonight. And Maine Governor Janet Mills reminding people flooding isn't always limited to areas near waterways. Because of the runoff, flash flooding can occur anywhere. Meantime, north of Maine, up New Brunswick and Nova Scotia. People are scrambling for what could be landfall tonight as we've been reporting. And you know, have they already the highest tides in the world up there, even without the storms. Big headlines from the retail industry as we approach the holiday shopping season. Tiktok
Dennis Prager Podcasts
"brooke jenkins" Discussed on Dennis Prager Podcasts
"They claim they have data and science that support their approach that they claim Their approach doesn't raise crime now we talked about why that's not true in the book but it's just they Law and order candidates need just enough money to stay in the race and get their message out to voters So then I'm right that if we had an equivalent person or persons on the right we could Put up a fight is that is that fair to say or or there is an or Maybe people in big cities will vote for the most left-wing candidate no matter what which is it? Well, I think if you put up if there is adequate funding that certainly helps law and order candidates now in some cities Unfortunately, I think things are going to get much worse before they get better But there is some hope Dennis look what happened in San Francisco with chase a booty the son of weather underground members are radicals radical his policies were so radical so Devastating that even the left-leaning voters of San Francisco said that's too far They recalled him and kicked him out of office And so even in left-wing cities, you know Everyone wants to be safe when they walk down the street or they should want that And so even in these very liberal cities there is pushback starting to happen, right? So, okay good. So that first of all, it leads me to a Fact question. I don't know the answer to so who succeeded The district attorney that was kicked out at San Francisco Is this is it a law and order candidate or a milder version of the previous Soros candidate? Is someone named Brooke Jenkins She is what used to be in the DA's office there in San Francisco before chase a booty and came into power And she's been much more law and order than chase a booty. But look you bring up an important point, you know Having law and order district attorneys in office. This isn't a left or right Republican or Democrat issue again It's really enforcing the laws having a functional society or having chaos That is the distinction we're talking about and so fortunately in San Francisco It is a much more law and order candidate, you know Not as conservative as you know Probably many of us would like to see but certainly much more in the mainstream Alvin brag if there were no funding from outside sources would Alvin brag be reelected in New York Look my crystal ball is broken These days unfortunately But we do know that in some of these world prosecutor races George Soros Money either directly or indirectly has counted for up to 80 to 90 percent of the war chest All right, hold on there again the book folks rogue prosecutors You'll find out what's happening in your city You Final second here Zach Smith Zach. I wanted to tell you something. I mentioned this to my producer during the break You're sort of like the perfect guest No, no, I'm sure I I knew it would elicit laughter, but I'll tell you why Because and I obviously I probably have interviewed a thousand people Or more but you give you give direct answers and You do it briefly You're you're you're my gem Interviewee there are there are times I won't mention names. There are times I ask a question. I could go to the men's room and return So I have one final question folks. The book is rogue prosecutors how radical Soros lawyers are destroying America's community Ironically, I opened the show with the theme Of they don't know what we know and of the left doesn't know what we know that they don't know for example the Columbia journalism review Excoriated the New York Times for lying for two years there's so much they just don't they don't they don't know the number of hospitals that are Removing girls breasts because they say they're boys so Does the average voter in any of these cities with the Soros back da? Know what has happened to their city? So I think the answer to that is initially no when many of these rogue da's initially were running for office They use poll-tested bland language. They said things like we want a fair criminal justice system We don't want anyone to be locked up unnecessarily. We want to hold criminals appropriately accountable Those are uncontroversial Statements something you or I are probably most other reasonable people would agree with but what quickly became obvious once these rogue prosecutors got into office is that What they meant by these statements and what you or I would understand them to mean or something radically different And so the good news is as I mentioned earlier, I think in some cities Citizens are starting to wake up chase a booting as I mentioned was recalled and removed from office Kimberly Gardner in st. Louis. She resigned from office Marilyn Mosby in Baltimore She lost her primary election there and is currently under federal indictment Rachel Rollins the rogue da in Boston who the Biden administration elevated to be the US Attorney the chief federal law enforcement Officer for the entire state of Massachusetts. She resigned in disgrace recently and Kim Fox in Chicago She recently announced she's not running for reelection. And so while that's the good news, I'll quickly give you the bad news You'll have to give it on a part two we got a break You're a pleasure rogue prosecutors my friend my friends. The book is up at Dennis Prager Just when you thought it couldn't get any better Mike Lindell with my pillow is launching the my pillow 2.0 when Mike invented my pillow and had everything you could ever want in a pillow now nearly 20 years later He discovered a new technology that makes it even better the my pillow 2.0 has the patented adjustable fill of the original my pillow and now with a brand new fabric that is made with a temperature Regulating thread the my pillow 2.0 is the softest smoothest and coolest pillow you'll ever own for my listeners The my pillow 2.0 is buy one get one free offer with promo code Prager my pillow 2.0 temperature regulating technology is 100% made in the USA and comes with a 10-year warranty and a 60-day money-back guarantee Just go to my pillow calm and click on the radio listeners square to the buy one get one free offer Enter promo code Prager or call eight hundred seven six one six three. Oh two to get your my pillow 2.0 Hello everybody Dennis Prager here I have one of my favorite people in America on senator Tim Scott of South Carolina running for president of the United States So is that a good introduction senator? You're one of my favorite people in America That is a fantastic introduction Dennis and it's always good to be in your presence. God bless your efforts Thank you. God has blessed my efforts to be honest indeed so sir there was a real clear politics just interviewed you and It was it was you what you're at your eloquent best so explain as they asked you your notion of The people who don't like when whites or blacks say that people should lift themselves up by their own bootstraps you know Dennis one of the blessings of life is common sense and those who have a Position contrary to common sense builders my soul But I will say in America the blessing of being an American the blessing of American exceptionalism Is that any kid from anywhere at any time can rise above their circumstances? I know that because I've done it and it's not just me who's done that by the way black kids white kids Hispanic kids all Across America continue to prove that with hard work Talent a little bit of talent Grits you can go as high as you want to go in America because our system the playing field of America is the best there is in the world So if you apply yourself you get remarkable results Unfortunately, the victim culture of the radical left continues to create this grieve It's society that feels like quicksand Everybody wants someone else to be the problem when in fact my mentors taught me That perhaps the biggest problem in your life is the kid in the mirror Not your dad not being there not living in poverty not your single mom working 16 hours a day Proving there's dignity and all work take the blessings of the misery that you started with and use it for a greater Purpose even as a kid. I learned that valuable lesson and I thank God Almighty I was born in the right country to rise beyond my circumstances. So I I'm struggling here because I so love what you said Listeners of mine know I have said all of my life. I Learned that the biggest problem in Dennis Prager's life is Dennis Prager That was the greatest lesson of my youth Yeah It's So this yes, no, no That's the that is the biggest difference between left and right is the biggest problem in your life America or you And it's only you here's the here's here's what gets me excited about where we are in America today What you and I are talking about was not the case in 1923 or 1963 It is the case of the last years America continues the greatest evolution on earth Where we judge people today by the content of their character, not the color of their skin I'm running for president because I know America can do for anyone what she has done for me. It requires Individual responsibility for us to reach the heights available Impossible and the greatest nation on God's green earth and if we are not willing to put in the work Don't look anyplace else except the mirror But once you put in the work, I can assure you more times than not the response will be Individuals and families and companies from around this great nation will respond to your efforts They will respond to your character by lifting you to a place that your hard work has qualified you for You'll get a chance to do the most remarkable things But if you don't put the work in don't expect people to respond to nothing They have to have something to respond to and that was a hard lesson It was a hard lesson for me and as that kid in that single-parent household who wanted to say life wasn't fair and frankly Maybe it wasn't but now life is more than fair It's not fair to a lot of people work hard There are a lot of life isn't fair period So it's very rare that it is you're you're so eloquent on these matters Do you are you speaking at the for example black churches? I? Am I but within the first seven days of my announcement? I decided I would go to a black church and have a town hall because the message of Conservatism works wherever we take it. I Socialist Socialist was fine, but go ahead. Yes For an african-american conservative to stand one week after I voted against Justice Jackson, but here's what I can tell you I'm willing to defend my conservative belief Anywhere in America because they work and going to an african-american church seven days after I announced Was one of the best things I did because here's what I found out number one A lot of folks that show it up that we're black number two That means that we live in an America where you get to decide where you go You get to decide who you love you get to decide what you believe and we get to debate the most important fundamental Truths of our time and truth, by the way They're timeless. And so what's true today was true a hundred years ago and it will be true a hundred years from now But having that debate in a public forum or an african-american pastor's asking me questions from his congregants About race in America about progress in America and a diverse audience filled with with Republicans Democrats and Independents Black folks and white folks and Asians as well That's the kind of environment Where conservative principles proved time and time again. They're the best way forward So I'll ask you what has asked me and has been all of my life. People will ask me because I'm a Jew Dennis explain why so many Jews are on the left. So you tell you tell me why are so many blacks on the left? I Do believe that many african-americans made a decision to join the Democrat Party a hundred years ago 50 60 70 years ago and frankly the southern strategy in the 70s and early 80s Where we've used race as the wedge was an important consideration that reinforced Democrats having a stronghold on African-americans the great news is for the last 40 years the party that's made the most progress on issues impacting Vulnerable people economically. It's the Republican Party. Let me give you three classic examples Why african-americans today are heading back to the Republican Party led by african-american males? One out of five voted for President Trump I think I can get one out of three without much of a question when you ask yourself the question new provided the highest level of HBCU funding in the history of America that answer is this great opportunity party who made their funding permanent? Of course It's the GOP who led to the lowest unemployment rates in the history of this country for african-americans As well as Hispanics and Asians 70 year low for women 50 year low for the general population The GOP when we start talking about the actual issues and the best response to those issues We have a lot to market and sell To all communities including minority communities, but unfortunately, but then if you know this as well as I do You have to go where you're not invited. I Fought for three years ago Anti-semitism Legislation I am NOT Jewish. I am a born-again Christian, but here's what I understand Defending the right and eliminating discrimination against my Jewish Americans is a part and parcel of my responsibility and I take that responsibility seriously That's a conservative Position that we are going to conserve the values of our nation and make sure that no group in our nation Is going to defy the laws of our land? That's good news, but that's conservative as conservatism at its very best We don't look at who you are where you're from. We just do the right thing That's exactly right So, how do people get in touch with you? What's your website? Vote Tim Scott calm vote Tim Scott calm Dennis here's what I love about your show and you you are you are a student of History you are student of human behavior and you believe that there are common principles that can be applied Universally throughout the world and specifically here at home Applying those principles here at home Because the rules of the road are set for success and not failure you get a better harvest here in America Then you can in the other place in the world and you having the courage and the tenacity To continue to provide a forum for truth to be heard God bless you. It's very kind. It means a lot to me Well, I only wish you well vote Tim Scott calm will speak again and God bless you Look forward to it Dennis. God bless you right now The United States Border Patrol has exciting and rewarding career opportunities with the nation's largest law enforcement organization Border Patrol agents enjoy great pay outstanding federal benefits and up to $20,000 in recruitment incentives if you are looking for a way to serve something greater than yourself consider the United States Border Patrol Learn more online at CBP gov slash careers slash US BP that CBP gov slash careers slash US BP This is a great piece in the Wall Street Journal the states in America where income grows faster How many how many people on the left are aware of this But it's like What would they think? New federal data show a striking divergence between earning growth in GOP led states and progressive states Yeah President Joe Biden will never admit it But he has Republican led states to thank for the resilient US economy and labor market Witness how an earnings surge in right-leaning states is helping compensate For sluggish growth in progressive ones.
AP News Radio
Suspect pleads not guilty in murder of Cash App founder Bob Lee
"The suspect in the fatal stabbing of the founder of cash app in San Francisco pleads not guilty. A judge ruled tech consultant nimai is a public safety risk and should be held without bail, bob Lee was found with three stab wounds, including one to the heart last month in a San Francisco neighborhood. Brooke Jenkins is the San Francisco DA. Anyone who's capable of violently killing someone in society is a public safety risk, regardless of whether we think a murder was intentional or not. Prosecutors have not provided a motive, but say mommy stabbed Lee after dispute related to mome sister. Paula canny is mom's attorney. I'm going to say my defense is it is an accident with a
Northwest Newsradio
"brooke jenkins" Discussed on Northwest Newsradio
"Radio 1000 FM 97 7 you're information station. Northwest news time, 12 o'clock. From ABC News, I'm Michelle franzen. Ukrainians taking shelter again after Russia fired off 30 cruise missiles Ukrainian officials say its air defense systems intercepted 29 of those missiles, one struck an industrial facility and Odessa in the south, attempts to broker a ceasefire so far have fallen flat, China's special envoy meeting with Ukraine's president this week trying to revive a proposed peace plan, Ukrainian parliament member Kira rudik says the Chinese plan is flawed. This issue is we need Russian soldiers out of our territories and we need Russia to stop the war. There are fierce ground battles in eastern Ukraine too, Ukrainian troops trying to regain Russian occupied territory. Russia's latest attacks coming on the eve of the G 7 summit, President Biden and leaders will be discussing the war in Ukraine along with China threats. President Biden also keeping tabs on talks back in Washington to raise the debt ceiling limit. Congressional leaders today say they're making progress on a deal to avoid a June 1st deadline when the U.S. could default on its loans. In San Francisco today, the man accused of killing the founder of cash app was in court to enter a plea. He sat in court wearing a surgical mask and a jail uniform and attorney for momani sent outside of court the stabbing was an accident and not a whodunit, but a what happened. Well, Manny pleaded not guilty through his attorney who told the judge he wants a speedy court process, San Francisco DA, Brooke Jenkins. He exercised his right to a speedy preliminary hearing, which must occur by June 2nd. He will remain in jail without bail, attorneys will be back in court on Friday to talk about the next court dates
KCBS All News
"brooke jenkins" Discussed on KCBS All News
"In our cases. Wood for you is the metric of success. Is it drug dealers arrested? Is it streets cleared? What would you like to see happen? For me, personally, as a San Franciscan, as somebody raising children in this city, it's streets being cleared. What we can not continue to accept is the state of affairs that's going on in our downtown area that families in the tenderloin who are raising children like I am should have to endure what they are experiencing right now. And while yes, arrests are up significantly, we've received almost twice as many cases from the San Francisco police with respect to drug dealing than this entire time period last year. That's not enough if we still see an overwhelming crisis on our streets and if the death rate continues to rise. All right. Well, as we've been alluding to, many are warning, though, that a law enforcement crackdown could harm the very same people that the city is trying to help beat their addictions. So bringing Dan chick aroni into the conversation now, denture Roni, you've been among those speaking out in just a little bit more on your background. You've conducted extensive fieldwork, researching drug use and cities throughout the country. So I think it's fair to say that you have a good sense of what's going on in the ground out there. What are you worried about when it comes to stepped up law enforcement? So first off, I do have sympathies around the public safety, the public nuisance problem, the tenderloin has become an open air drug market, there have been other times and places that have had to deal with this. And so there is some wisdom out there. There is some experience about how to deal with these inner city phenomenon when they do pop up. We also have to remember that fentanyl is a historic foe, right? We don't know all the answers. Because we haven't faced such a deadly drug problem in the past both nationally and locally. My concerns about a monolithic public safety approach and a rest and clear the streets kind of approach. Is that there's two facets to think about. One is often these efforts are short term, right? And we have to remember that the drug supply across time and space I have data on this that I've studied extensively is very resilient. It will rebound back as soon as we let off the pressure. So are the current efforts meant to be short term or long term. The second is, and this is a bit more concerning, the goal typically of drug supply interventions is not necessarily to suit the streets. It's to raise the price of the drug and to reduce its supply. This will cause extensive suffering among people who were dependent on the drug. I don't see a concurrent effort to help people with the suffering over the next few weeks and months. And the second is when that yin Yang happens when that rebound happens in the drug supply, your death rate is going to go up. Rarely has there been a crackdown where overdoses has not gone up. It's one of the prime predictors of overdose is a dearth and supply and then a rebound in supply. Why would it be the case that if there wasn't as much supply that might make folks who were addicted on the street more vulnerable to overdose? Well, they suffer partly because of withdrawal, right? And to the degree that some people are clever and managed to find alternative supplies by, for example, going over one of our bridges or having an out of town connection, people might have a personal supply, it's the perturbation of the supply that leads to overdose, both in the short term and in the long term when the law enforcement efforts get relaxed. All right, well, there were two points in that answer. I want to bring them both back to DA Brooke Jenkins is starting with the comments about the resiliency of the drug supply. So one thought here is that if we can disrupt the drug supply, arrest high level dealers, then there might be less availability of this drug in San Francisco. Dan took Roni is saying that, in fact, history shows that that's very difficult to do and I think fentanyl in particular is a very difficult drug to interdict just because of how small an amount of it you need for the drug effect. So brook Jenkins, your response to that concern that we may not really be able to clamp down on the drug supply much at all. So I first want to point out that while I was asked questions about the law enforcement strategies in no way have I advocated for a monolithic approach. I do believe that we need more resources dedicated to putting people into recovery who are struggling with addiction. But I don't believe that they have any chance of being successful in recovery. If we still allow people to peddle agents of death to them every step along their way when they walk from maybe their shelter to a recovery center. We have to make sure that we have a twofold approach to this, which is to reduce supply, but also allow people the opportunity to get clean. And I think that those two go hand in hand. Do I believe that we will eradicate fentanyl from our streets completely? No, I don't. But I do believe we have to reduce the volume with which we are seeing it. I've been prosecuting in this city for 8 years. When I was handling narcotics cases myself, the most prevalent drugs that we saw were cracked heroin and methamphetamine. We are now at a point where the majority of the cases that we handle and I'm talking hundreds of cases with respect to narcotics are fentanyl cases. People selling fentanyl. And so we have to make sure that we are doing what we can and what we are obligated to do to reduce its prevalence on our streets. And DA Jenkins, your response as well to Dan chick Roni's concern that any crackdown is going to increase the suffering of drug addicts on the streets. Is that something that can be taken into account as well? It's certainly goes to the second prong, which is which is what I said. We have to have sufficient resources available to allow people to detox in a manner that supports them through that process. And that requires recovery centers that requires places where they can come and receive medical care during that very difficult and painful process. You know, I've seen people coming through the court system who are detoxing and it is not something that's easy to go through and we need to have sufficient resources available in our city for people to get clean and to go through that process. A Florida man has been charged after punching and are there enough resources yet. The high school business ball game. So certainly not. We have prided ourselves for as long as I've been a doctor here almost 30 years of being a treatment in demand city. It has been rare that we've achieved that. And by treatment on demand, we mean to not have people wait a week to go across town to take two buses, a treatment on demand means same day entry. Recently, efforts have been promoted to increase street outreach, early starts of buprenorphine, one of our main treatment drugs for opioid use disorder, including fentanyl. And that has helped, but everyone is resource constrained. Everyone is both financially and in terms of staffing resource constrained, we need a massive increase in both treatment and recovery slots. And we also need people on the ground in the tenderloin being able to provide services as people go through withdrawal during the supply shock that's coming. It is a shame from my perspective that the tenderloin center or something like it does not currently exist, we need that and I can certainly go into the reasons why it would be helpful. Yeah, let's pick up on that in one second, but talking about this question of resources,
WTOP
"brooke jenkins" Discussed on WTOP
"Of the third. It's 8 o'clock. This is CBS News on the hour. Presented by indeed dot com. I'm Jennifer Kuiper in Chicago, the U.S. finds out through its own intelligence sources that ISIS mastermind behind the deadly Kabul airport suicide bombing in 2021 is dead, killed in fighting with the Taliban. CBS David Martin speaks with the father of marine staff sergeant Taylor Hoover, one of the 13 U.S. service members killed in that explosion. Does it matter to you whether or not it was the Taliban that apparently killed him or the United States? I don't care who it was that killed him. It's one last terrorist that we have to worry about. Does it feel like justice to you? To me, it won't be justice ever. Some 170 Afghans also died in that suicide bombing. On the day the President Biden announces his run for The White House in 2024, a new CBS News survey finds that 72% of Americans polled say things in the U.S. are out of control. Anthony salvanto CBS News executive director of elections and surveys on what that means for mister Biden. A lot of Democrats feel like Joe Biden is in there, keeping things under control. That's the argument he's going to have to make against that backdrop of those overly negative feelings. The arraignment of the tech consultant charged with the killing of cash app founder bob Lee has been delayed until next week. Nemo momeni is charged with murder with a sentencing enhancement of using a knife in the April 4th stabbing death of Lee. San Francisco district attorney, Brooke Jenkins. We do believe that there is video footage connected to this crime in that we believe that we have sufficient evidence to prove beyond a reasonable doubt that mister momeni murdered bob Lee. A delivery driver is killed while dropping off a meal now a Florida man is charged with his murder, the latest from CBS's Matt pyke and Uber eats driver was on his last drop off of the day last Wednesday in holiday, Florida when investigators say he was killed by the 30 year old on the other side of the front door. What he did was demonic. Pasco county sheriff Chris naco says suspect Oscar Solis only just moved to Florida in January after being in prison in Indiana, affiliated with the MS 13 gang. The roommate was able to provide us video and you can actually see the victim walking up to the house to deliver food. The victim had been reported missing by his wife after he never came home. The sheriff says remains were found at the suspect's house in trash bags and a cooler. Matt piper, CBS News. A Tokyo company says there's a high probability that its spacecraft has crashed on the moon, the privately funded Japanese spacecraft lost contact with mission control during the final minutes of its descent. I space founder and CEO. We will keep going. Never quit. Do not quest. Stocks fall on Wall Street. This is CBS News. Streamline how you hire with indeed their powerful hiring platform makes it easy to attract, interview and hire candidates all in the same place, visit indeed dot com slash credit. 8 O three here on WTO Tuesday evening April 25th, 2023, Reston is a 53° down to the upper 30s overnight. Good evening, I'm Dmitri soldiers from the top local stories we're following this hour and knew this evening from fairfax county, a judge will impanel a special grand jury to investigate February's deadly police shooting at Tyson's corner center or just outside the mall. The Commonwealth's attorney asked for this after a previous grand jury declined to indict the officer who killed Timothy Johnson, WTO's meccan clarity with our details tonight. Timothy Johnson's mother thought that was it. When a grand jury came back April 17th with its decision not to indict fairfax county police officer Wesley shiflett in her son's killing, all Melissa Johnson had was the fact that shiflett lost his job following the shooting. Police say on February 22nd, shift chase Johnson, who is suspected of stealing sunglasses from Tyson's mall, and shot the unarmed man in what his family has likened to an execution. Now a judge has granted Commonwealth's attorney Steve discharge request to impanel a special grand jury to hear the case, which unlike the first jury, will allow prosecutors to be in the room when the evidence is presented. It's a rare request only employed once by toscano in the case of the U.S. park police killing of bijan gazar. Meghan clarity, WTO news. It's 8 O four a warning now this next story has disturbing details. A D.C. man has been found guilty of breaking into a Montgomery county home and raping a 9 year old girl who was asleep in her bedroom. 38 year old Joshua grice was found guilty by a jury on charges of first degree rape and first degree burglary home invasion. Our news partners at 7 news report this happened in 2021. He faces 25 years to life in prison, a sentencing hearing now set for late September. Now that Maryland governor Wes Moore has signed a bill designed to sort out the financial operations of the state's college savings plan. What can parents counting on that college money expect? There won't be an instant solution, but Maryland treasurer, Derek Davis
Bloomberg Radio New York
"brooke jenkins" Discussed on Bloomberg Radio New York
"Also available as podcasts. Listen today on Apple Spotify and anywhere else you get your podcasts. This is a Bloomberg money minute. The jumbo jet is back, sort of, only a few months after the final 7 47 rolled off Boeing's assembly lines, close to two and a half years after the last Airbus, A380 did the same. Some airlines are thinking about bringing some of them back into service. It's more of a stop gap measure. Aerodynamic advisories managing director Richard Abel lafia. This is a problem created by the surgeon travel demand, plus a delay in playing delivery, thanks to production and regulatory issues, Qantas, Korean air Lufthansa and others are thinking or planning to bring the big planes back because they need more first class seating for the summer travel season That beats fuel efficiency. Everyone knew the age of the four engine dinosaur was well and truly over. But he says it makes financial sense. These represents capacity of very often already amortized paid for capacity. Don't expect to see them for too long though. I don't think we're going to have very many four engine widebody still in service in the 2030s. That's for certain. Joan doniger Bloomberg radio. And I'm Susanna Palmer in the Bloomberg newsroom. Supreme Court Justice Samuel Alito put a 5 day hold on new court imposed restrictions on mifepristone, the widely used abortion drug. That'll give the U.S. Supreme Court more time to decide how to handle the Biden administration's request for a longer delay. The administrative stake came hours before the restrictions on mifepristone were set to take effect. Alito instructed the anti abortion group opposing the drug to file their response by Tuesday at noon Washington time. His day lasts until Wednesday at 1159 p.m., Washington time. The S&P 500 eked out a fourth weekly gain in the last 5, investors may be waiting for a change according to Christina hooper, chief global market strategist at invesco. And what does that change going to be? Well, to make sure the banking crisis is behind us and also, of course, making sure the fed hits the pause button, and we are poised. That to me means we'll be poised for a different market environment, one that tends to be more risk on. For the week, the S&P 500 rows 8 tenths of 1%. The Dow gained 1.2% and the NASDAQ added three tenths of 1% this week. Meantime, U.S. bank lending rose for the first time in three weeks and deposits increased. We get more about that from Bloomberg's Charlie pellet. It's a just credit conditions are stabilizing after a string of bank failures last month. Commercial bank lending increased $10.2 billion in the week ending April 5th, according to seasonally adjusted data from the Federal Reserve on an unadjusted basis loans and leases fell 5.6 billion bank deposits climbed by nearly 61 billion before seasonal adjustment they increased $75.2 billion. Charlie pellet Bloomberg radio. For the first time in three years, U.S. rents are going down. Bloomberg's Nancy Lyons takes a look. The median asking rent price fell .4% in March year over year with the monthly median just under $2000 at 1937. Real estate brokerage, Redfin says that's quite a turnaround from last march when prices surged nearly 18%. Redfin says part of the shift is due to a surplus of supply after builders rushed to meet demand during the pandemic boom. Nancy Lyons, Bloomberg radio. The fatal stabbing of Silicon Valley executive bob Lee with a kitchen knife on a downtown San Francisco street last week followed a night of socializing with friends that included the sister of the man accused of his murder. San Francisco district attorney Brooke Jenkins urged a state judge not to grant veil to suspect and nima momeni, saying the slang was planned and a deliberate Lee, who was 43 created the mobile payment service cash app and was revered in the tech world for his coding talents. Global news
Northwest Newsradio
"brooke jenkins" Discussed on Northwest Newsradio
"Flash flood emergency, the city has had its rainiest day in history this week and flooding throughout Broward county with more rain on the way. Seattle based Redfin says it will be laying off approximately 4% of its workforce, the online realtor giving pink slips to just over 200 employees due to what it's described as a housing market downturn and economic uncertainty. An arrest has been made in the murder of cash app founder bob Lee last week in San Francisco. ABC's Alex stone has the latest on the case and he's joining us now on the northwest news line. So the San Francisco police, they held a briefing to update us this afternoon. What did you learn? Yeah, so a big twist in this case today and until now police have been saying that they didn't know if it was street crime if it was random if it was targeted. Even though the DA and the mayor had kind of been indicating that maybe it was targeted saying it's not what you believe it is. So today they say that they have evidence to show not only was it not random, but the killer was somebody who knew bob Lee, the cash app founder. And it's a fellow tech exec who apparently runs a company in the Bay Area called expanded or expand IT. Police chief Bill Scott, this afternoon saying. Homicide investigators developed information that identified the suspect as 38 year old nima momeni of emeryville, California. We can confirm that mister Lee and mister mo many knew each other. Now he wouldn't say why they honed in on mummy or what they thought went on. There's some local reporting from an ultra local website that said today that the two were apparently in a car last Tuesday morning, remember this happened around two 30 in the morning. They got into some kind of an argument in that car and many then allegedly used a knife to stably prosecutors are using the special allegation of a knife being used, but they won't give a lot of those details. They say they don't have a hammer down yet, but the police chief saying this morning, members of the San Francisco police department's investigations bureau and tactical unit served several search warrants and arrests and an arrest warrant in San Francisco and emeryville, California. So this afternoon, mammy, now in San Francisco, jail charged with murder due in court tomorrow, Brooke Jenkins, the DA, she has spent the last week saying that she has brought down crime, countering critics about crime in the city, saying the city actually has a lower crime rate than most big cities at least murder rate than most big cities. She knows that they've got this reputation for car burglaries and what not, but she says murder. It's not as bad as what people have been claiming. And today she called out Elon Musk and others who have been tweeting about the horrible violent street crime in the city after the murder. I must point out that reckless and irresponsible statements, like those contained in mister Musk's tweet that assumed incorrect circumstances about mister Lee's death served to mislead the world in their perceptions of San Francisco and also negatively impact the pursuit of justice for victims of crime. It's a chief Scott only saying they followed the evidence how they got to momani isn't clear it may have been video or a license plate reader finding his car on the street at that time and then the connection, but Lee's ex-wife telling media she doesn't know this guy to yeah, they probably knew each other, but what they were doing out had they been out at dinner or getting a drink. Talking business, whatever it was, she doesn't know, but they believe they got their guy. And according to a reported Forbes, Lee and mom went to Berkeley together, do you know any more about that connection? Yeah, it could have been a college connection. Those who knew both of them say that they weren't known for being close friends. I didn't know that connection there. Lee, we understand from family, had gotten divorced, his mom had died that he moved his dad or they moved together out to Miami and he was living in Miami. He had only come back to the Bay Area for business meetings that were going on. So was he back to meet with mo many? Did they go out and grab a drink? Because he was in town, why they were together isn't clear, but police say that they believe this was very personal, very targeted, or they are indicating that. But it was not random. ABC's Alex stone on the northwest news line. Northwest news times 6 20, let's get your stock charts dot com money updates. Thanks in large part to more evidence that inflation is easing. Stocks moved broadly in sharply higher today. The Dow Jones industrials soared 383 points. The S&P 500 recouped 54 and the NASDAQ composite surged 237 or 2%, giving the market a boost the news this morning that producer prices unexpectedly declined from February to March by a half percentage point. Year over year, the PPI was up just 2.7% in February, the annual change was 4.9%. That's your money now. Money news at 20 and 50 passed every hour. Still ahead? Hardy leads the pack at the ACM award nominations. I may be sees Jason Athens and with more on that coming up. Stay with the team that more people trust for fast
Bloomberg Radio New York
"brooke jenkins" Discussed on Bloomberg Radio New York
"Is the great zombie roll up. How will that play out? Now that money costs something impossible to young to remember this, but you know, I mean, money costs something now Dennis like back when first Boston was first Boston. How is this going to play out next year? I think one of the things that people are not paying enough attention to is the fact that liquidity is being taken away from the market on a monthly basis, we pay too much attention to the overnight set funds rate and the dot plots. And we're not paying enough attention to the fact that the fed has to take $95 billion out of them out of the market every month for the next several years to bring its assets back to a more reasonable level closer to where they were almost a decade ago. We went from 9 billion or $9 trillion 900 billion to $9 trillion in the course of a decade or so and they have to remove that money over time. That's taking the fuel that had fueled the bull market in equities over the course of the past decade. That fuel is being taken away and I don't think enough people are paying attention to that fact. You know, this is important. We're moving from the giant Edward S Hyman to the giant Dennis gartman. Paul, in the bottom line, is using 70s analysis with gartman sat at the right hand of Milton Friedman, M two's off a cliff. I mean, Paul, the fact is, and I can see every younger kid is going, Tom, this is so antiquated. This is just they're Googling him too. He's such a fossil. But the fact is, I mean, Hyman and gartman are on the same page. Here we have this shrinkage of money, deposits. Exactly. And Dennis, I wonder, though, as we think about the macro picture here, we had some weaker than expected retail sales today. Okay. But boy, the consumer has been holding up in the face of this inflation. Jobs market remains very strong. What's your sense of the role the consumer, maybe in 2023? The consumer has had has been flush with cash predicated upon the money that was given to him during the epidemic. They have been using that money. They probably will continue to use that money, but that money eventually will run out. What bothers me and I think this is very bothersome is the fact that the use of credit cards has gone from the lower left to the upper right dramatically in the course of the past several weeks at the same time food prices have been rising rather dramatically. People are actually funding food with credit cards. And if there's something to be bothersome to be bothered by, once you be bothered by that, that simple fact, we are using credit cards to fuel to fuel food. And that, I think, is bothersome and should be very worrisome to everybody out there. And that's probably, I guess, with interest rates going up and taking on more household debt that also is concerning for 2023. I would assume. Not a question. Housing prices, I think, are going to be under severe pressure. Everybody knows that interest rates have gone up. Everybody knows that the low and mortgage rates was closer to 3%. It got to 7%. The cost of owning a house has risen rather dramatically and housing prices, I think she'll come under pressure. That's going to be one of the reasons why we'll have a recession in 2023 as housing prices declined as the demand for housing falters. Unretire. Dennis gartman with this. So the gartman letter, you'll be seeing that next year written daily. I'm selling it forward for Dennis. Okay. We would hope 8 pages will have to see when he's down in the golf course. Dennis gartman, thank you so much, have great set of holidays as well. He is the most, I've told this story before, but I think it's great. Lehman's going under. There's an iconic instantly iconic photograph of the troops leaning against the glass window and over the left shoulder of one of the troops on one of the computer screen. At Lehman Brothers going down is the Cartman letter. Yeah, exactly. I just thought. It's been around. That's just as it all read the Cartman. While the ship's going out, like Dennis carby could do that I'm biased, so I've known Dennis for years and we've argued about this that. And the other thing probably can't argue about the market negative four 17. No. On the Dow SPX negative 56 vix doesn't move this. I was going to call that out for a time. I thought I might have seen a mid 20s handle there, but. Bitcoin 17,005.8 down fractionally as well. From Washington with our news. Here's Amy Morris. All right, thank you, Tom and Paul, the man accused of attacking House speaker Nancy Pelosi's husband will stand trial for attempted murder and other charges. San Francisco district attorney Brooke Jenkins says David Depp's intent and reasoning were clear. So I think we all need to take a look at the way that we have that political engage in political discourse in our country. The San Francisco police investigator testified during the hearing saying he saw to pap hit the 82 year old Paul Pelosi with a hammer, police testified that to pap had claimed he had other targets too, including California governor Gavin Newsom and actor Tom Hanks. A possible clue in the college murder mystery in Idaho officials are now reviewing newly discovered surveillance video of a car racing by shortly after the murders. The parents of Kaley gonsalves, who was killed in the attack, are now urging other businesses to turn over any footage they might have before it's too late. There's a 24 hour mark on a lot of those little video cams. There's a 7 day one. A one month. We're hitting the month. If the key part of the evidence is outside that residents, then losing it. We have to get it now. That film was taken from an ExxonMobil station's camera the morning of the murders. Former president Trump says he's going to make a major announcement today. He had that to say on truth social. He didn't offer any details except he did post a short teaser video that showed a cartoon of the former president with lasers shooting out of his eyes. Live from the Bloomberg interactive brokers studios, this is global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts and more than 100, 20 countries. I'm Amy Morris and this is Bloomberg Tom and Paul. Amy, thanks so much. Paul, let's go forward four years. Lagarde's speaking is she done? Still going at it.
Bloomberg Radio New York
"brooke jenkins" Discussed on Bloomberg Radio New York
"All cash. I don't care. Thanks for participating this morning. Not so much. Yesterday afternoon what she did to me in a game of parcheesi was on. How did that guy? I got crushed. Dumb keen Jonathan farrow and Lisa evermore, it's host Bloomberg surveillance. You see how many gloom scenarios Lisa had lined up then? It looks like 5. We do mornings at 7 eastern on Bloomberg radio and Bloomberg television. This is balance of power on Bloomberg television and radio. I'm David Westin. Crime is an issue in many big cities across the country and our San Francisco bureau chief Karen breslau sat down with San Francisco DA Brooke Jenkins to talk about her approach to this problem. The DA's office and its enforcement of the laws and its ability to promote accountability. Directly impacts our economy here in San Francisco. When people feel as though they don't want to come here to shop, to visit, if businesses feel the need to leave, if workers don't want to return downtown, that affects our economic engine here. And so what I have done is to commit myself and our office to doing the work that we are supposed to do, which is again promoting accountability for the crimes that are committed in San Francisco. I've said and I've made it very clear all crime is illegal again in San Francisco. There will be some level of consequence for the people who commit those crimes so that we can protect that economic engine. These retailers, these businesses, they provide jobs, jobs that are residents need in order to support their families. We can't sit by and allow businesses to feel the need to move to other states because crime is too much of a problem. Not only for their business bottom line, but also for their workers who need to be able to come safely to work. And so I'm committed to making sure that we protect those jobs and these businesses because that is what we need in order to remain the beautiful city that we are. There's a perception that this beautiful city is lawless. What do you say? I think we did rise to that level, quite frankly. I think that's what got us here to the point where we would choose to recall a district attorney, something that had never happened before in San Francisco's history. And so I certainly do think we reached that point where we all felt, as residents, as business owners, that it was lawless here. I am doing everything along with the San Francisco police department amongst others, the mayor's office and everybody else to correct that problem. And I do believe for the last four months, we've been on a path to changing that and to changing it quickly. And so I think that message will spread to the people who have been committing crime. It's going to take time. But we will get there. And so where are we? Two and a half years after the murder of George Floyd, a great reform movement, criminal justice reform. What is the balance in creating true public safety for everybody in San Francisco and for cities everywhere? You're not alone in the challenges you face as the DA of a major American city. I think we all, of course, got a very sad wake-up call when we watched George Floyd be murdered. And I think, of course, everybody had a visceral reaction and that made many people say, maybe we should do away with police. Unfortunately, I think we've learned that we need police in order to be a safe society. And so we've had to figure out that we need good policing. We need effective policing. We need unbiased policing. But we need police. And so I think we're now at the point where we have accepted that law enforcement is a necessary component of a functioning city. And I think San Francisco now recognizes our value in the role that we play. And I certainly believe that we are being implored to do our jobs because our residents and our business owners and our visitors have become fed up with the state of affairs with respect to crime in San Francisco. And so they're imploring us to do our jobs. And so what I've tried to commit to them is that we can still push for those reforms, improved policing techniques, more fair treatment in the criminal justice system while still keeping them safe. That was San Francisco DA Brooke Jenkins talking with our San Francisco bureau chief Karen breslau. Coming up, bounce apart, continues on Bloomberg radio on our second
Bloomberg Radio New York
"brooke jenkins" Discussed on Bloomberg Radio New York
"D.C.. We'll get world and national news with mister Nathan Hager. All right, Paul, thank you President Biden is said to give a speech this evening on threats to democracy and he will do it within sight of Capitol Hill, the Democratic National Committee says the president will address the threat of election deniers and those who seek to undermine faith in voting and democracy when he gives his remarks at 7 this evening Wall Street time from Washington's union station. That's just blocks from Capitol Hill. White House senior adviser Anita Dunn told axios, the timing and location of the speech are both significant because she says the capital is where there was an attempt to subvert democracy on January 6th of last year. The attack on House speaker Nancy Pelosi's husband was a suicide mission. That's what law enforcement say the alleged intruder told them about the attack that put Paul Pelosi in the hospital. This is San Francisco district attorney Brooke Jenkins. He specifically sought out their home. He sought out the speaker, and in turn, when he could not locate her at her home, turned his violence towards her husband. Dave Burke Jenkins says the suspect David de pape not only wanted to break speaker Pelosi's kneecaps, but to go after other politicians and their relatives to papay has pleaded not guilty to attempted murder. The White House is accusing North Korea of covertly shipping artillery shells to Russia to support its war in Ukraine. National Security Council spokesman John Kirby says the U.S. thinks the north is trying to make it look like the ammo is being sent to countries in the Middle East. And North Africa is not being specific on the amount of shells, CVS Health, Walgreens, boots alliance, and Walmart have tentatively agreed to pay more than $13 billion to resolve one of the last big sets of state and local opioid lawsuits CVS and Walgreens have confirmed their end of the deal to be paid out over ten to 15 years. Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than a 120 countries I'm Nathan ager. This is Bloomberg. Sure, we have 30 seconds to tell you that drivers who switch to progressive could save big, but then what? Well, there is a nice piece of stock music playing behind me that a talented
Bloomberg Radio New York
"brooke jenkins" Discussed on Bloomberg Radio New York
"Unchanged since the day before the fed last met on the S&P from New York, this is Bloomberg Now the latest news from New York City and around the world, here's Michael Barr. Tom Lisa John former president Barack Obama stumped for Democrats last night in Las Vegas with less than a week to the midterm elections. Obama campaign for incumbent Catherine Cortez masto in Nevada's Senate race. Obama was critical of Republicans. They won a gut social security. And Medicare and then give their wealthy friends and big corporations more tax cuts. Polls show a dead heat between masto and Republican Adam laksa. Another closely watched Senate race is Pennsylvania between Democrat John fetterman and Republican mehmet Oz, Doctor Oz hit the campaign trail in lower bucks county, speaking at a get out the vote rally in Ben Salem township last night. Washington's getting it wrong. Because of the extreme positions that they're accepting of. And they need a dose of Pennsylvania reality. Fetterman's lead over Oz is shrinking with 49% supporting fetterman to 44% for Oz the suspect accused of breaking into speaker Nancy Pelosi's home in San Francisco and attacking her husband will remain behind bars without bail and attorney for David de Pompe entered a plea of not guilty. San Francisco district attorney Brooke Jenkins said this attack shows the nation's politics have become too heated. We have become a society that thinks it's acceptable to incite violent acts against our political leaders and we can't be that type of America. DA Jenkins says to pop was on a suicide mission and was planning to target other politicians. Senior Russian military leaders are said to have recently discussed the use of nuclear weapons on Ukraine, The New York Times reports that according to senior American officials, U.S. officials say though they had not seen any evidence that Moscow is moving nuclear weapons into place. Air raid siren sounded in South Korea after the north fired about a dozen missiles in its direction today, at least one of them landed near a tense sea border. Live from the Bloomberg interactive broker studios, this is global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts and more than a 120 countries. I'm Michael Barr. And this is Bloomberg.
Bloomberg Radio New York
"brooke jenkins" Discussed on Bloomberg Radio New York
"Now the latest news from New York City and around the world, here's Michael Barr. Tom Lisa John, North Korea fired more than a dozen missiles in the direction of South Korea. Robert Kelly is a Professor of political science at Busan national university. About a month ago the North Koreans test launched a missile and a flew over Japan. There were alarms going off in Japan at the same time just as there were. Today when the North Korean shot this near the South Korean island. Professor Kelly says it comes amid a 5 day joint military drill between South Korea and the U.S.. CVS Health says it has agreed to pay about $5 billion to state local and Native American tribal governments to settle lawsuits over the toll of opioids. The deal would make the Rhode Island company the first major pharmacy chain to enter a nationwide settlement over how it handled powerful and addictive prescription painkillers. CVS is not admitting wrongdoing. Authorities say the suspect who attacked House speaker Nancy Pelosi's husband was on a suicide mission and was planning to target other politicians. A judge ruled that David de pop will remain behind bars and attorney for de pop entered a plea of not guilty. San Francisco district attorney Brooke Jenkins called on the nation's political leaders to dial down the language they use about their opponents. We are at a point in the United States where political rhetoric has become too inflammatory. San Francisco district attorney Brooke Jenkins. Brazilian president jair Bolsonaro reportedly told members of the country's Supreme Court that his election battle against leftist rival Louis Ignacio Lula da Silva has come to an end, marking one step closer toward a concession after his defeat. Israel's 5th election in four years looks set to return Benjamin Netanyahu to power with exit polls suggesting his strategy of forming an alliance with the nation's far right has succeeded. Game three of the World Series, the fairly shut off the Astros 7-Zip Philadelphia now leads the series two games to one. Live from the Bloomberg interactive broker studios. This is global news, 24 hours a day on air. And on Bloomberg quicktake, powered by more than 2700 journalists and analysts to more than a 120 countries, I'm Michael Barr. This is Bloomberg. At progressive you can get 24/7 protection, even if you break the spacetime continuum. Wait, every time you wake up is the same day? That's terrible. Yeah, don't worry, I call progressive. They're 24/7 protection still works, even if my day does last forever. Yeah, but don't
Bloomberg Radio New York
"brooke jenkins" Discussed on Bloomberg Radio New York
"Now the latest news from New York City and around the world, here's Michael Barr. Tom Lisa John today, North Korea fired more than a dozen missiles and direction of South Korea. It comes amid a 5 day joint military drill between South Korea and the U.S., Robert Kelly is a Professor of political science at pusan national university. There's always a lot of speculation about why they climb on the way they do. We often think they time in accord with presidential transition in the U.S. or South Korea, for example. It's time it's about joint U.S. South Korean air drills. Those were halted for a few years when Donald Trump was president, but they have since returned in the North Koreans have often said they're sort of practiced for invasion and they respond often with these tests. Professor Kelly, with Busan national university. The Supreme Court has rejected senator Lindsey Graham's request to block a Georgia grand jury subpoena, Bloomberg's at Baxter as the story. This clears the way for Graham to have to testify in front of the Atlanta special grand jury, which is investigating efforts to overturn the 2020 presidential election in Georgia. Graham had filed an emergency request, asking the justices to halt the testimony, which is currently scheduled for November 17th. The court ruled that Graham's attorneys do have the right to object to questions on a case by case basis which could leave substantial room for him to challenge questions or request from the grand jury. In San Francisco, I'm Ed Baxter, Bloomberg radio. The man who police say broke into House speaker Nancy Pelosi, San Francisco home and beat her husband with a hammer has entered a not guilty plea in court in a court filing prosecutors say David de pop was on a suicide mission with plans to target other politicians. San Francisco district attorney Brooke Jenkins blamed the attack in part on the violent political rhetoric. We can't be that type of America. We have seen too many tragic ends to violence against presidents, mayors, you name it. And we need to pull it back. Line from the Bloomberg interactive broker studios
Bloomberg Radio New York
"brooke jenkins" Discussed on Bloomberg Radio New York
"Park 45 minute delays on the New Jersey transit northeast quarter after an early suspension there. Michael Barr is here with more on what's going on in New York and around the world, Michael. Thank you very much, Nathan. Police in Newark, New Jersey are looking for the gunman who shot and wounded two police officers outside of an apartment building in a residential neighborhood. Police believe the man was hiding in an apartment as authorities were evacuating residents to safety. Newark mayor RAS Baraka. We'll bring this guy into custody as soon as we possibly can. Mayor Baraka says the wounded officers are in stable condition. The Supreme Court has rejected senator Lindsey Graham's request to block a Georgia grand jury subpoena. Bloomberg said Baxter as the story. This clears the way for Graham to have to testify in front of the Atlanta special grand jury, which is investigating efforts to overturn the 2020 presidential election in Georgia. Graham had filed an emergency request, asking the justices to halt the testimony which is currently scheduled for November 17th. The court ruled that Graham's attorneys do have the right to object to questions on a case by case basis, which could leave substantial room for him to challenge questions or request from the grand jury. In San Francisco, I'm Ed Baxter, Bloomberg day break. Former president Barack Obama had a campaign to only last night in Las Vegas, asked voters to support the incumbent democratic senator Catherine Cortez master in next Tuesday's midterm election. He told the get out the vote rally that casting a vote is important for democracy. The only way to save democracy is if we together fight for it. My stay is in a tight race against Republican Adam laxalt. Brazilian president jangir Bolsonaro vowed to respect the constitution and authorize the government to start the political transition after his loss to Louis Ignacio Lula da Silva. Israel's 5th election in four years looks set to return Benjamin Netanyahu to power with exit polls suggesting a strategy of forming an alliance with the nation's far right as exceeded. The suspect accused of breaking into speaker Nancy Pelosi's home in San Francisco and attacking her husband will remain behind bars without bail and attorney for David de Pompe entered a plea of not guilty. San Francisco district attorney Brooke Jenkins said this attack shows the nation's politics have become too heated. We have become a society that thinks it's acceptable to incite violent acts against our political leaders. And we can't be that type of America. The a Jenkins. Air raid siren sounded in South Korea after the north fired about a dozen missiles in its direction today. Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts more than a 120 countries, Michael Barr and this is Bloomberg Nathan. Yes, it is. Thank you, Michael. 6 36 on Wall Street and John stash hour is a Bloomberg sports update brought to you by tri state out E all right, Nathan, the World Series blow out the Phillies tie the record with 5 oh runs, the Astros had only 5 hits, the Phil's one game three 7 enough in they lead the series two to one, Bryce Harper got him going. Two run shot first inning Alec bone Brandon marsh both with homers in any later, and then in the 5th Kyle schwarber with a man on, went back to back with Reece Hoskins, all 5 homers came off Houston's Lance mccullers, the Astros were shut down by rangers Suarez and four Philly relievers game four is tonight. The soap opera continues in Brooklyn as the nets turn a surprising firing of coach Steve Nash considering how early in the season it is, GM Sean marks called it more of a mutual decision. We both felt that this was time. It was certainly trending in that way and to be quite Frank. The team was not doing what it was supposed to be doing. You know, we have fallen from our goals of meeting our goals and it was time now because we still have lofty aspirations of where we need to get to. And that came the news of who's expected to replace Nash MAU doka currently suspended by the Celtics there was a relationship with the Celtics employee reportedly
Bloomberg Radio New York
"brooke jenkins" Discussed on Bloomberg Radio New York
"Time for global news. And the U.S. saying it's very disappointing that China continues to buy oil from Russia. Let's get to Ed Baxter and San Francisco with the details and yeah, that's right, Juliet, NSA says it's helping Putin fund the war against Ukraine in his mission to attack civilians and infrastructure. Spokesman Ned price, Bloomberg's ballast of power today says the oil purchase is enough, but there is a small silver lining. But we have also not seen outside of that and I'm not diminishing that. You're absolutely right. That does put money in Putin's pocket so he can continue to fight this war. But outside of that, we haven't seen any material support that the Chinese have been willing to give to mister Putin, no arms, no weapons, no material and that kind of way. Meanwhile, conflicting messages about whether grain is actually moving out of Ukraine, their reports that several ships have left, but traffic remains mostly stopped. Bloomberg's tarso veloso says effects will begin to be felt globally very soon. We will have enough supplies for next year, but it will cost more. So we see futures in Chicago climbing and we see also other countries and companies that trading companies that move grains and food around the world source seem more grains in the U.S. from Brazil, for example, and it's also more expensive to keep moving those supplies around. Na Russia continues to pound Ukrainian infrastructure and much of the country's now without water. And the NSA's price as the international community has to help now. Trying to see if there's like spare parts, is there other assistance we can give to help them get these things back up and running. Yeah, meanwhile, one of Russia's first billionaires to speak out against the country's invasion of Ukraine, Oleg tinkoff has renounced his citizenship. A U.S. Supreme Court has heard arguments today that could very well end affirmative action policies at U.S. universities, chief justice John Roberts. I don't see how you can say that the program will ever end. Your position is that race matters because it's necessary for diversity, which is necessary for the sort of education you want. It's not going to stop mattering. And that leads Bloomberg's Elizabeth wasserman to believe the justices may be looking for some kind of end point. It does seem that the majority seems to be asking whether there should be an end point or a sunset to this affirmative action policy. And a justice clarence Thomas commented that in the arguments today he doesn't have a clue as to what diversity means. San Francisco's district attorney Brooke Jenkins says David a poppy came home to ask Nancy Pelosi questions if she lied to break her kneecaps. The struggle with Paul Pelosi ensued leading to state charges attempted murder, residential burglary, assault with a deadly weapon, elder abuse, false imprisonment of an elder, as well as threats to a public official and their family. And says the motive was no doubt political police say also federal federally. Police say he broke into the home and has been charged with federal court and with assault and attempted kidnapping. So both federal charges and state charges filed against him today. In San Francisco, I met Baxter, this is Bloomberg, Brian. All right, thanks very much. Let's get to our guest Vishnu verathon, who is head of economics and strategy at Mizuho bank. This new great to have you on the program, we can't expect anything too definitive. Definitive I wouldn't think from the fed this week because we have a couple more CPI reports before the December meeting. And that's the one that people are kind of anxious about. And we also have a lot of other economic data in the midterms. But they generally will hint at something. What are you expecting to be the biggest hint to take away from this meeting? I almost at the outset have to expand on that and say, just two things that I think markets will be looking up for. One is a willingness to dial back quickly. But that doesn't come as a surprise because from the outset the 75 basis point move test been caught unquote and unusual. And so a dial back, I think it's the low bar that they also fulfill, but of course there will be data dependency attached to it as you pointed out. There's a host of data. The other point around it may be their discomfort with stickiness around inflation because I think they probably want to market to be watching for more clues on what higher means and especially perhaps pay attention to the full longer because this is where the biggest dissonances between what markets are pricing and what the fed is suggesting in terms of keeping rates elevated. We are a little low looking towards a peak in the global tightening cycle and looking at some central banks it might have already got there is the kind of comment that you heard from Marco colonic that we are nearing an end is that just to play his book or do you agree with that? I think one has to agree given two factors here. One is the fact that a lot of the playbook for central banks at this time has been front loading and so almost by default, we need to fall back to the beach voice and say, yeah, if you want to get there fast, there must be a base where you take it slow and pass and watch. So I certainly agree with that. I'm so happy to hear you say that because I was like just pounding the table last week with you can't front load the whole thing. At some point after you front load, you kind of get into the middle stages and then towards the end. So it's probably not unusual for investors. I mean, if you're buying stocks, you're buying for like 9 months down the road most likely. And where do you think will be in 9 months? Will we be, we'll be beyond the fed rate hike cycle, right? I want to say we will be because if we are not that would point to some kind of policy mistake or very unforeseen circumstances to which we must question whether we will react or not. On another front, we check the I know the fed doesn't want to look at the ten year two year inversion. But it's been inverted for 17 weeks now and to your reference of 9 months. That may be edging up on a possible recession. So certainly not the time to be tightening the screws given the leg in policy. And I guess just quickly how much for the upside do we see in stocks when you've seen that 8% rally in the S&P 500 in October. I think we are not out of turbulence yet. So as much as I want to think that there could be 5 to 10% upside, we should praise for two way volatility at least still first quarter next year. I know you're a data nerd Vishnu. So I know you'll know the answer to this will save it for the second part of our discussion, but we want to look at the relationship of when stocks
Bloomberg Radio New York
"brooke jenkins" Discussed on Bloomberg Radio New York
"Has a policy meeting. Denise Pellegrini Bloomberg daybreak show. Four minutes past the arnel, let's get a check of global news And former president Luis Ignacio Lula da Silva also known as Lula, has been elected president of Brazil again, a Baxter's goal. It. Yeah, that's right, Paul Lula's been declared winner by the Brazilian electoral court Lula, making his acceptance speech and Bloomberg São Paulo bureau chief Juliette lidi on Bloomberg's daybreak says that jair Bolsonaro's actions now going forward will be the key. That is correct. And that is the $1 million question. Will he concede he did say on Friday he would accept the results of the election, whoever won more votes won the election. But he has been mentioning or has been complaining about alleged fraud or alleged problems with the election for the past few years. So we really need to wait for him to say something and concede or confess the results. And Lula made his acceptance speech a pleasant pledging help for the poor and the disadvantage. Issues sound very familiar to U.S. voters there, economy guns religion, social media. South Korean president Yun sak yo has declared a period of national mourning in the wake of the Halloween disaster over the weekend. Officials say as of now the death toll stands at at least 153 and they're just as saying dozens of people injured at this point. Bloomberg, young kiwi, says, I'm sorry, yukong Lee says a majority of those who died, though were women. Yeah, Ali, the most of the most of the crowd crush happened is really narrow. It's only 11 feet wide and it could be probably fit 5 to 6 adults, typically, but it seems like there were too many people there as they try to as they try to celebrate the first Halloween since the pandemic related restrictions were lifted for the first time in three years. Meanwhile, president June says investigators will carry out a detailed look into what happened and a major KPop concert, by the way, has been canceled along the way as well. Russia suspended the agreement to export grain out of Ukraine. It is paused any movement of ships out of the area, U.S. president Joe Biden denouncing an announcement calling it purely outrageous and said it would increase global starvation. There are calls for the United Nations again to try to broker another deal. U.S. House speaker Nancy Pelosi says her husband Paul is making progress in the hospital after surgery for a fractured skull when a man attacked him in their San Francisco home, district attorney Brooke Jenkins says Pelosi's ability to make a cell call made all the difference. Was lifesaving that he was able to access his phone and make that call. Yeah, charges to be filed tomorrow in court. Residents of Macau are in the process of taking mandatory rapid COVID tests three new cases have been detected, and it is closed down a casino, the testing itself over a period of three days. Hong Kong observatory has raised a typhoon signal to number one a severe tropical storm now gay is edging closer to the city. Residents are being asked to take note for the latest weather conditions in the region. U.S. senator Amy Klobuchar so far says she does not trust Elon Musk to run Twitter and is called for legislation to take away legal immunity from tech companies where they quote amplify hate speech or election falsehoods. She says tech companies are making money off of violence. In San Francisco, I'm Ed Baxter. This is Bloomberg, Brian. All right, Ed, thanks very much. Let's get to our guest, John Vail, chief global strategist at Nico asset management. John, we had Priya misra on the show earlier from TD securities. And she basically was saying that, you know, the question is whether the narrative of front loading comes to an end. And it's a point that I made a lot last week that you can't say your front loading and then that's the whole tamale. I mean, at some point, you have to move into like your mid stage and your closing stage and they've done a lot and they're bound to say at some point here that they want to take a look and assess. Our market's right to celebrate that or should they still be very wary? Well, yeah, Priya is a very smart lady. But I tend to agree with you that everybody knew that they would be hiking at a less fast rate going forward. But the market is also thinking that it's not going to cut as much as a previously thought. That's the big news that for 2023, the fed fund futures contract is suggesting a lot less hiking, not a lot less, but quite a bit less hiking than they previously expected. What about in terms of inflation it is remaining stubbornly high, but then again it is a backward looking number. So to what degree do you sense the fed's done enough in this fight? Well, I don't think anybody really knows for sure, but it's other than it's coming down. Everybody knows that's a question of how far there's a lot of structural things that will help it fall in 2023, including the CPI medical services component, which is going to be growing at a lot lower pace based on the way the BLS does it sort of annual benchmarking of the number. So that's going to be a restraint on core CPI. And headline CPI. But on the other hand, rents obviously going to keep going up as the CPI catches up as new leases are signed. So at some point, when we see some signal that they'll slow down at the fed and other central banks, you probably would see the dollar come down and local currencies go up. So if I don't want to play equities, can I at least play local currency bonds and hope that I get sort of a double whammy there where you get the good yield that has actually triple whammy. You get the good yield you get the bond going up and then you get the currency in your back pocket as well. I like that idea. Sounds pretty good. Well, here's the danger though, okay? And I know that you're a Japan expert, so it kind of feeds into the problem is if the dollar goes down on the end goes up, that may not be good for Japanese equities. It's one place where they seem to love a weak currency. Well, yes, I mean, that would be a headwind for corporate profits here, but it would also increase the foreign interest in this country if they could if they could invest in Japan without losing money on the currency side and the valuations here are so low. It's got to be attractive to foreigners at some point, but a lot of them have been shying away because of the currency factor. Okay, John, we'll continue. We'll bring we'll bring some of the other big themes into the picture as well. We've been talking about China a lot
Bloomberg Radio New York
"brooke jenkins" Discussed on Bloomberg Radio New York
"Declared the winner by the Brazilian electoral court. Lula is making his accepted speech right now and Bloomberg São Paulo bureau chief Julia lita here on Bloomberg day break Asia says jair Bolsonaro's actions now are going to be very key moving forward for both the nation and for the globe. That is correct. And that is the $1 million question. Will he concede he did say on Friday he would accept the results of the election, whoever won more votes won the election. But he has been mentioning or has been complaining about alleged fraud or alleged problems with the election for the past few years. So we really need to wait for him to say something and concede or contest the results. Now the issues will sound very familiar to U.S. voters economy, guns, religion, and social media. South Korean president Yun suk yo has declared a period of national mourning in the wake of the Halloween disaster over the weekend. Officials say as of now the death toll stands at at least 153 and are just saying dozens of people injured. Now Bloomberg's yuko Lee says a majority of those who died were women. Yeah, Ali, the most of the most of the crowd crush happened is really narrow. It's only 11 feet wide and it could be probably fit 5 to 6 adults. Typically, but it seems like there were too many people there as they try to, as they try to celebrate the first Halloween since the pandemic related restrictions were lifted for the first time in three years. And the president union says investigators will carry out of the tailed investigation into what happened. A major KPop concert has been canceled and as I say how the nation in a state of mourning. Russia has suspended the agreement export grain out of Ukraine and is paused any movement of ships out of the area. U.S. president Joe Biden announcing the announcement calling a purely outrageous said it would increase global starvation. U.S. House speaker Nancy Pelosi says her husband Paul is making progress in the hospital after surgery for a fractured skull when a man attacked him and their San Francisco home. The district attorney Brooke Jenkins says Pelosi's ability to make a cell call was the difference between life and death. It was lifesaving that he was able to access his phone and make that call. Yeah, and so he is getting better. The FBI's issued a warning about the possibility of lone wolf type incidents like this on politicians and election officials for the next two weeks. Leading up to and after the election. Residents of Macau are in the process of taking mandatory rapid COVID tests that says three new cases have been detected and it's closed down a casino the testing itself over a period of three days. Hong Kong observatory has raised the typhoon signal to number one as a severe tropical storm now is edging closer to the city residents being asked to take note for the latest weather conditions in the region of course, and at least 60 people are dead after a bridge collapse in western India, local news reports say hundreds of people were on a suspension bridge in Morgantown when it collapsed along with the 60 confirmed dead more are missing. In San Francisco, I met Baxter. This is Bloomberg back to Sydney. Paul. All right, thanks very much. We're joined this half hour by Katrina L senior economist at moody's analytics and Katrina we heard there earlier a lot of Central Bank action this week, I want to start with the fed. 75 basis points seems pretty baked in at this meeting, but we heard in the news there, possibly we've got peak rates at 5 and a half percent in the U.S., where do you see things topping out and when? So we're expecting, as you say, the 75 basis point hike this week is pretty set in and then after that we'll get a 50 basis point hike likely in December and then we will slow it down to 25 basis points thereafter for a few months. At this point, I mean, beyond this week's meeting, it really is going to be data dependent particularly what happens with U.S. labor market data and also of course that inflation print. I mean, we're still seeing in the U.S. that while the labor market has lost a little bit of momentum, it's still incredibly hot and that's causing a lot of discomfort for the fed because they're really trying to take the wind out of those demand side pressures. I mean, the supply side pressures are easing a little bit, but it's the demand side that's really being problematic. I mean, wage growth, for instance, is still incredibly high running at around 5%. And they really would like to bring that down to more about it a three and a half percent range. And so there's quite still a lot of work to do. And so it will be interesting to see how the labor market really responds as those earlier hikes really start to materialize and eventually take the take the heat out of the labor market over the coming months. Yeah, those jobs numbers due on Friday and we still have companies complaining about workers shortages, but you mentioned CPI as well. It's talk about that side of things. It's still running. Very hot. Where do you sense we are? We near the end of the beginning in terms of the inflation flight or the beginning of the end. I mean, that's really the question that everyone's asking. I mean, I would say that we have already likely passed the peak in U.S. headline inflation. And we will see that gradual cooling. And that's the key point to note it. It's gradual cooling. We're not suddenly kind of past the point where inflation is really elevated and beyond comfort levels. It's going to gradually cool. And it's really highly uncertain how quickly it's going to cool down. But I think that the consensus is that it's going to be a gradual slowdown and if as a consequence, then the U.S. has to enter a session, then I mean so be it. But it's certainly the risk that the feds indicated that they're willing to take at this point. Yeah, let's talk about that risk. Do you think it is receding or is possible probable as it ever was? I mean, I think risks that the U.S. will actually enter a recession next year only creeping higher. I don't think that they're receding by any means. I mean, the fact that in a November meeting we're still getting a 75 basis point hike from the Federal Reserve clearly signals that growth is the secondary concern for them at this point. So the fact that they are clearly signaling that inflation is the fight that they are really prioritizing. It means that a recession risk in the U.S. is certainly still elevated next year. Yeah, there's plenty of Central Bank action this week over. We've got the Bank of England as well. We've not got a lot of time left in this part of the program, but I guess Bank of England policymakers must be casting an envious eye across the Atlantic compared to the problems they have. Yeah, I mean, you definitely wouldn't want to be a central banker or a policy maker in the UK at this point, but I think again a 75 basis