20 Burst results for "Emily Wilkins"
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"Are those who want to balance budget in ten years. But you can not do all of those things. And it's fine to promise all of those things rhetorically to say you know what all those things, but when you put together a budget, you have to actually put some numbers down and that means committing to doing one or the other of those things. And I think that's where he set himself up for just an impossible task. And I think that actually one reason why you're not seeing as many attacks on him is that they all know that they're going to have to fold in some way or another. And so they're softening it a little bit because I don't actually see right now and Emily would know better than I. I don't actually see a strong movement to toss McCarthy overboard at this point, so they would, you know, it's a mess. It's a mess for Republicans. Are we going to hear the term motion to vacate at some point this summer? Oh, I mean, that's a card that everyone knows that they're able to play. And so I wouldn't put it out of the office at the table, but here's the thing. So you Kevin McCarthy out. Who's going in? Who's going to get 218 votes? They did 15 rounds. They put forward all these candidates. They weren't able to get anyone. Republicans know at this point that Kevin McCarthy is kind of sort of definitely their best option for now. Now look, maybe that changes. Maybe as things get closer to the debt limit, there's some missteps, maybe he really angers some folks in his party. But at this point, what McCarthy is doing is really trying to take that approach of getting everyone around the table. He's expanded his leadership team. He's getting folks from all parts of his conference and he's really trying to sort of forge a way forward with the rest of his party on board, so they don't get to a last minute situation like they did for the speakership. The problem, of course, is that if you want to negotiate on something, the very best time to do it is right up against the deadline. That's the spirit. And so I wouldn't be surprised if you saw this really kind of go down into the very last minute. So we'll be here talking about this. Right before the X date with Emily Wilkins, and I like to think Ryan Teague beckwith. Many thanks to both of you for being with us and helping us understand what's going on here on Bloomberg. Let's get a check on world of national news now
Bloomberg Markets
Fresh update on "emily wilkins" discussed on Bloomberg Markets
"Washington, D.C.. Let's get world and national news with mister Nathan Hager. Mister Paul Sweeney, we got some breaking news crossing the Bloomberg terminal, looks like there may not be an indictment today, maybe not even this week for former president Donald Trump in the Manhattan hush money case. This is according to Business Insider citing two law enforcement officers who say the grand jury has been told not to come in today to the county courthouse in Manhattan. One of those officers tells insider, it's possible the grand jury doesn't meet at all this week. The panel has been meeting behind closed doors every Monday, Wednesday, and Thursday, looking into the former president's alleged role in hush payments to stormy Daniels during the 2016 campaign. Trump had said he expected to be arrested in the case yesterday, but now the report is that the grand jury might not meet at all this week. Hand to heart, I did not lie to the house. That's what former UK prime minister Boris Johnson is telling a committee that's looking into whether he deliberately misled parliament about party gate, those locked down celebrations in his office during the pandemic, the panel could suspend Johnson or throw him out of the House of Commons entirely if it finds that he lied to lawmakers. Florida governor Ron DeSantis is showing a little more willingness to go after former president Trump after mostly ignoring his weeks of attacks, Bloomberg governments, Emily Wilkins, has more on that. In an interview with Piers Morgan, that was published in the New York Post, really criticized Trump's administration to handling of the coronavirus, as well as the chaotic style of governing from the former president. Bloomberg government Emily Wilkins says desantis has been facing questions about whether he was willing to confront Donald Trump. House Republicans have opened an investigation into potential waste fraud and abuse in Democrats, climate Bill and other major legislation. The oversight committee is asking for documents on how the energy department plans to safeguard the billions of dollars from the inflation reduction act, Republicans are citing an inspector general's report that warns of the potential for fraud and mismanagement from an infusion of cash that has more than doubled the energy department's budget. Global news 24 hours a day powered by more than 2700 journalists and analysts in over a 120 countries. I'm Nathan Hager
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"Get one thumbs up for that. And then be pushed to do a lot more and then hopefully the House and Senate budget committees will follow with their own budgets and then they can get to the real work of trying to reconcile the differences. Oh, boy, we got a lot of months ahead, don't we here. Maya, thank you, as always, your insights are important to us and we'll be looking for your reaction once we get the real official official budget drop tomorrow. Miami Guinness is president of the committee for a responsible federal budget. I'm Joe Matthew and Washington hour two here of Bloomberg sound on joined in studio by Kayleigh Lyons is with us now in Washington D.C. and I like to think will be a fairly regular presence in this conversation here. Oh, I would love that show. When we think about the months ahead, we're going to figure out the debt limit, which you just went there. Months before there's actually a budget that is in place. So the question then becomes, how does this timeline come together here? Because Kevin McCarthy says they won't raise the debt limit without a budget deal. Right, it's incredibly difficult. The navigation and frankly, it's probably going to come down to the wire, right? Isn't this the story of how it goes? It's going to be a ticking clock and we're all going to be waiting with bated breath. The great motivator, as we now know, we're looking at what somewhere between July and August and we want to add Emily Wilkins to the conversation. Of course, Emily is working the halls of Congress speaking directly with the leadership on a daily basis about the issues that we talk about, and that's why we want to connect with Emily as well. She was with Kevin McCarthy last evening. He was dealing with a lot of matters beyond the budget, including the whole January 6th thing on Fox, which we're going to get to. But listen to Emily Wilkins with a really important question here for the Speaker of the House. Mister speaker on the debt limit
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"Nancy Lyons, she is in the 99 one newsroom. Thanks, David. The Secretary of State Anthony blinken's trip to China is off for now, the Biden administration has decided to delay his trip after detecting a Chinese surveillance balloon over sensitive nuclear sites in Montana. The Pentagon's Brigadier general pat Ryder provided an update today. The balloon continues to move eastward and is currently over the center of the continental United States. Again, we currently assess that the balloon does not present a military or physical threat to people on the ground at this time. General reiter says the U.S. though does not believe China's description of it being a civilian balloon that was conducting climate research and was accidentally blown off course. Well, the U.S. is preparing to add another weapon to Ukraine's arsenal against Russia. We get more from Bloomberg government's Emily Wilkins. The way it is going to be offering Ukraine a ground launch bomb tipped rocket that is going to be ordered so it will take a couple months to get there. Bloomberg government Emily Wilkins says it's part of a new one and three quarter $1 billion aid package. House Republicans are prepared to eliminate the vaccine mandate for travelers to the U.S.. The house plans to vote next week on a measure that would end the vaccine mandate for international travelers to the U.S., a priority for the travel industry. The administration extended its vaccine mandate for foreign air passengers to the U.S. last month, it will remain active until at least April 10th. The travel industry has urged the Biden administration to drop the mandate, especially after The White House announced it would end the COVID-19 emergency declarations on May 11th. In Washington, I made me more as Bloomberg radio. Honda says some of its older models are not safe to drive. It says the older O one to O three hondas and acuras with non repaired takata airbags are at a 50% higher risk of having the airbag inflator, rupture, which would cause death or serious injury, more than 30 deaths globally have been linked to those faulty takata airbags. Global news powered by more than 2700 journalists and analysts in over 120 countries. I'm Nancy Lyons. This is Bloomberg. Walking into building for the first time after the shooting. It was crippling, but it had to be preserved. Your response to the post nightclub shooting that affected the LGBTQ community. Barbara poma honor of pulse founded the one post foundation to honor pulse victims and survivors. If you're an ally of this community, speak out. There are
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"Been discussed. My understanding, there's still having some pretty broad odd and a variety of discussions on rules. The issue you're talking about is something I've heard brought up. But to be honest, when I've talked to members and tried to get them to say, all right, what's your list of demands? It sounds like they're still having pretty broad discussions about that about spending rules to cut down on spending and more. Jack Fitzpatrick Emily Wilkins, happy new year, will meet you back here for the rumble in the house. This is Bloomberg. On the latest edition of the tape podcast, a conversation with Michael sonnenfeld, founder and chairman of Tiger 21 on investing for the ultra wealthy. Can we draw any conclusions about average sort of investment? I mean, are they in these markets? Are they out? Do they like fixed income? Are they are they going for equities? Is there an outlook for 2023 that you can kind of pull from the whole picture? Yeah. The big stories are that, as I said, private equity for the first time has trumped both real estate and public equity at about 29%. Fixed income is a little bit coming to life. People are liking short term rates for the first time for so many years. You were getting under 1%. Now you can see four and 5 and 6% both in municipals and high grade set really interesting. Hedge funds are still in the dog house, only about 3% allocation kind of mind boggling given to where they were a decade ago. And cash cash at 12%, 11%. Wow. High levels of cash. But not for us. Our members have held this high level for a very long time. The public equity reduction to 25% says two things. First of all, if you take our real estate and private equity and add them up together, what you have is a little over 50% while public equities are only 25%. What our members are saying is if you know how to invest in public private equity and you're not investing real estate, which is where our members created their wealth over time you can probably do better than public equities
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"You. It's set for 9 30 tomorrow morning in a suburb of Pittsburgh. What House Republican leader Kevin McCarthy hopes will be his agenda as speaker? As he will talk to voters about why they should vote Republican in the upcoming midterm elections. Helping to animate this forest, none other than Emily Wilkins with Newt Gingrich today. Lost in the corridors of power on Capitol Hill. Emily, it's a good thing you were there. I heard the recording they were looking for the elevator and you were just in the right place at the right time. Welcome back, by the way. Bloomberg government's Emily Wilkins. Tell me about the commitment to America. This is sort of the agenda for what he foresees as his future Congress here. Yeah, so, you know, Newt Gingrich had the contract with America. Kevin McCarthy now has the commitment to America. And basically what it is is it's sort of a top line document. It's a messaging document really right now. That's kind of identifying the areas that Republicans are planning to legislate in if they win the majority in November, which Joe is likely to have been right now just from any election forecaster is really predicting that. So this is going to be something that they're going to roll out. I asked former speaker gingrich today whether he thought that it was a good idea for Democrats sorry for Republicans rather to be messaging on policy or rather a kind of making themselves showing the opposite of the Biden administration. Claims there was detail in there. Yeah. He does. He does talk about the detail. And one of the things I heard from members was saying, look, we do have a lot more details, but we don't want to bog down our message with all these specific bills. We have the bills. We will roll them out and do time right now. We need to keep our message to what the American people want to keep. Okay, so the American people here busy folks, they don't want to get too bogged down in the weeds quite yet. Well, paint the picture for us, you're in the, you knew that Newt Gingrich was there to talk to the Republican caucus, right? He was there to see help endorse this plan in front of members and you're down there sort of staking things out in the basement of the capitol and there he is, right? He spent a little bit of time with him walking down the hall. That's what we're going to hear. I thought it was a remarkable
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"D.C.. World and national news and we do that with Nathan taker. Thanks, Paul. Former president Donald Trump is pushing back at reports that the FBI was looking for classified documents on nuclear weapons when they searched his Florida home this week. In a post on his truth social account this morning, the former president called that report in The Washington Post a hoax earlier he said he encourages the courts to release the search warrant attorney general Merrick Garland says he's asked to be unsealed. Bloomberg government's Emily Wilkins has more. For publicans really haven't seen a lot of big statements from them since attorney general Merrick Garland's announcement yesterday. A serve about what they're thinking and how they're going to go forward. I think they too are waiting to see exactly what is in this warrant. It doesn't deal with nuclear weapons and if so, what are the contents? Bloomberg government reporter Emily Wilkins, the house is set to hand President Biden, another legislative win today, pramila jayapal is chair of the congressional progressive caucus. Day after more than a year of negotiations, the House Democrats are going to send the inflation reduction act to the president's desk for signature. The mix of taxes and climate and healthcare spending is a far cry from the multi $1 trillion build back better plan that President Biden originally wanted, but the fiscal package was all but left for dead before senators Joe Manchin and Chuck Schumer reached their deal last month. So much for London fog, England's environment agency has officially declared a drought across vast swathes of the country as it faces yet another heat wave, Dave mcmicking is manager of the Thames head in, which is just a few steps from the stone that marks the source of London's famed river. It's still the official source of the Thames, so the stone alarms be there, but whether or not the water comes through is another issue. Dave McMahon, in London, 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, this is Bloomberg. Market what do you bundle your renders and auto insurance with progressive you could save money, but it doesn't cover any terrible memories living rent free in your head. Hey just wanted to remind you of that time your kicker missed the extra point and lost the game, even though he literally never missed an extra point. He chose this playoff game to miss. Yeah, just notice he hadn't thought about that in a bit. I wouldn't want you to miss, you know, thinking
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"The meantime, the judge overseeing Twitter's lawsuit against Musk has tested positive for COVID-19, the judge says a hearing tomorrow in Delaware on Twitter's motion to fast track its case will be moved to zoom instead. Stocks turn sharply lower after apple's plans to slow hiring added to investor worries of the fed's campaign against inflation will drop the economy into a recession. Today we had apple down 2.1% S&P down 32 down 8 tenths of 1% the Dow down 215 down 7 tenths NASDAQ down 92 a drop of 8 tenths of 1%. Tenure 1930 seconds, ten year yield three 1% right now, the two year yield 3.18% gold 709 the ounce West Texas enemy crewed up 5.1% one O two 60 a barrel. I'm Charlie pellet that Emily Wilkins has a Bloomberg business flash. Thank you so much, Charlie. Well, right now, we are joined by Greg dero, Bloomberg government election reporter and my number one person to turn to when I have any sort of questions on elections, on districts, on how things are playing out. Craig, thank you so much for joining us today. I just am going to toss this right over to you because you know this so well. What are the key races in Maryland to watch tomorrow? Yeah, well, Maryland is the only state holding a primary in the month of July so it sort of has the month to itself. And the top primary I think the watch is in the fourth congressional district, which is an overwhelmingly democratic area that includes most of prince George's county's small part of Montgomery county, which at bud washed in D.C.. It's basically a two person race in the democratic primary between Donna Edwards, who was the congresswoman for that area from 2008 to 2017. And Glenn ivy was prince George's county's top prosecutor who sought this seat in 2016 and finished as the runner up to the current congressman Anthony Brown who's leaving it open to run for state attorney general. And Edwards and ivy, I think, see eye on policy. And so we're seeing a lot of outside money spent that pretty much magnify the very small differences between the two candidates. But whoever wins this primary is assured of winning on November the 8th because of such an overwhelmingly democratic district. And we know we've talked about a lot about redistricting. How much did Maryland's maps actually change in the past year? And who's been affected by these changes? It was quite a story. I mean, Marilyn was one of those states where Democrats had full control of redistricting at the start, meaning they had the control they controlled overwhelming majorities in the state legislature. There is a Republican governor of Maryland Larry Hogan, but so democratic is that the legislature could override his veto. And that's what they did in a very first map that they put forward that could have elected Democrats in all 8 congressional districts in Maryland. But a court of state court in Maryland struck that map down until the legislature to draw remedial map, which it did. And Larry Hogan signed that favors clearly favors Republicans in one district on the eastern shore, but also gives the party a shot at a second district 6 district that democratic congressman David trone will be defending. So it could have been 8 to zero democratic and a good night for Democrats and the initial map. This map I think it's a 6 to one to one map. You've got one clearly Republican district and one more competitive district. Still, I mean that favors Democrats, but Republicans are probably can expect more than they Republicans will probably do better than they could have expected otherwise. Yeah, no, that's the story for a couple different states. Like New York with that headaches map finalized, it looked really great for Democrats and then they were like, oh, nope, you need another map. And now you're seeing many more competitive seats. Greg, I know that, as you mentioned, Maryland's kind of the big state with primaries in the month of July, let's look ahead just a little bit to the month of August, what are the next couple interesting primaries coming up? We've talked a lot about Michigan's 11th district with Hailey Stevens and Andy Levin, but what else is on your radar? It is quite a lot going on in August, which is might be a slow month legislatively. That's when members tend to get out of town. They don't want to be in D.C. in August, but you have a lot of elections going on back in their home districts and states. On August 2nd, the first Tuesday of the month, you have a 5 states voting Arizona Kansas Michigan Missouri and Washington state. I'd note that three of the House Republicans who voted to impeach Donald Trump over January 6th will be defending their seats on that date. You have in Michigan, you have Republican congressman Peter meijer from the Grand Rapids area. As a primary challenge to Democrats are also contesting that seat in November and then in Washington state, you have a jamira butler. And the third district in the southwestern part of the state and then in the kind of central Washington you have their new house who also voted to impeach Trump. He'll be defending his seat, Washington uses it, what's known as a top two primary where everyone runs on one ballot. So you need to finish better than third to avoid getting balanced in the primary. And that's been difficult for some of those Republicans who did vote to impeach Trump. I mean, of that group, I know a number of them have decided to retire. But then I believe you saw Tom rice down in South Carolina. He lost his primary pretty badly and most of it is just because, you know, he has that conservative record, but he voted to impeach Trump and that
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"As well as survivors of mass murders that were committed with weapons of war. The president said guns are the number one killer of children in the United States and this law might have prevented some of the killing. There's a right to bear arms, but we also have a right to live freely. Without fear for our lives in a grocery store, in the classroom and a playground at a house of worship. And a store at a workplace, a nightclub, a festival, in our neighborhoods in our streets. The president called again for banning possession of assault weapons, and penalizing gun owners who don't safely lock their weapons away. In Washington nerve check and Bloomberg radio. The next round of house January 6th hearings is coming up tomorrow, it will focus on right-wing groups and whether former president Trump incited them to attack the capitol last year. Future hearings could be colored by testimony from Steve Bannon, the one time Trump adviser has been cleared to talk to the panel after the former president waived any executive privilege. Bloomberg government's Emily Bloomberg government reporter Emily Wilkins says Bannon will likely stay loyal to Trump. Trump really wants someone to get in there and defend him. That is what in his letter to Bannon, he really implied that Bannon needs to be able to do Bloomberg's Emily Wilkins, Bannon has also lost a court battle to move his criminal trial for contempt of Congress to later this fall. Today a judge says he sees no reason for the delay so the trial will begin next week. 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
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"Head down to Washington, D.C.. World and national news, Nathan Hager, in the catbird seat of news. Yes, indeed, thank you, Paul. We're waiting more comments from President Biden this morning, but he has already released a statement following the assassination of former Japanese prime minister Shinzo Abe saying he is stunned, outraged and deeply saddened by his death. Abe was shot today during a campaign speech. He died at a hospital nearby Bloomberg's Lisa do reports, Abe remained a major influence on Japanese politics even after leaving office. He was especially well known for his economic agenda, Abe nomics, you know, based on a monetary easing government spending combined with structural reform at the time really an unprecedented economic policy package, the effects of which we are still seeing in Japan today with the easy money and the weakness in the yet. Bloomberg's Lisa doo reporting from Tokyo. President Biden will issue an executive order aimed at protecting abortion access requiring the Department of Health and Human Services to compile a report on its efforts. Bloomberg government Emily Wilkins reports vice president Kamala Harris also meets today with democratic lawmakers in states that are reigning in abortion, right? This really goes along with what vice president Harris has already been doing, meeting with faith leaders, healthcare providers, constitutional law, experts on the issue of abortion and abortion access. Being of Emily Wilkins, meantime Bloomberg news has learned the Biden administration considered declaring a public health emergency after the Supreme Court decided to overturn roe V wade last month, but ultimately decided against it out of concern that the impact of that sort of declaration wouldn't justify the inevitable legal challenges. 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
"emily wilkins" Discussed on Bloomberg Radio New York
"From Bloomberg world, headquarters I'm Charlie palette. It is on to the second half of 2022 after historic route in the first half. Year to date, as we wrap up of the quarter and the first half of the year, the S&P declined 20 odd down a 20.5% NASDAQ was down 29.5% in the first 6 months of the year. The Dow was down 15.3%. Today, a move lower, stocks, deep out of the sell off deepened after weak consumer spending data, fueled worries about a recession. The S&P was down 33 points down 9 ten to 1% the Dow down 253 down 8 tenths NASDAQ down 149, a drop of 1.3%. The ten year yield 2.98% spot gold 1807, the ounce west, Texas enemy crude, one O 5 76 a barrel, WTI today, down by 3.7%. Bitcoin moved lower today. We had Bitcoin at 18,860. Recapping stocks lower with the S&P down 33 onto the second half down today by 9 tenths of 1%. After earnings, Micron Technology down 2.9%, I'm Charlie Palatin that is a Bloomberg business flash. This is Bloomberg sound on Bloomberg radio. Welcome back to sound on. I'm Emily Wilkins filling in for Joe Matthew on the fastest hour in politics. We are going to reassemble our panel Rick Davis, Jeannie shian zano. We've talked a lot today about the Supreme Court
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"Get world and national news from Nathan hater Just don't blame me for this Paul Sweeney there is a delay for the second round of live public hearings for the house January 6th committee was supposed to start just about ten minutes ago But today's key witness former Trump 2020 campaign manager Bill stepien isn't testifying as planned committee official tells Bloomberg news His wife's gone into labor so the committee is going to use video clips instead We get more on what else we expect today from Bloomberg government reporter Emily Wilkins They're going to really be hitting home the fact that Trump knew and was told repeatedly that he had lost the 2020 election but that he was still he was still determined to find a way to make sure that he was ultimately declared the winner to basically overturn the will of the voters Emily Wilkins this hearings being delayed by about 30 to 45 minutes according to the committee When it happens Bloomberg customers can watch by typing live go on the terminal Senate negotiators have agreed to a bipartisan framework on gun safety legislation but advocates say it's just a first step David hogg is a founder of March for our lives the group that formed after the Parkland shooting in 2018 Unfortunately gun violence is a very dynamic issue in the United States It's going to have a lot of different policies that are going to be necessary for us to address and there's no single line that is going to be perfect David hogg spoke with ABC News we're going to hear more about the framework when we speak later today with House majority whip James Clyburn He's our guest on Bloomberg's balance of power with David west and airing at noon Wall Street time on Bloomberg radio and television Michael Bloomberg founded majority owner of Bloomberg radio's parent company Bloomberg LP donates to groups that.
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"Not Amanda or Eliza thank you very much for joining us Let's get over to Nathan Hager He's watching D.C. with your world national news Nathan Thank you Ukraine is accusing Russia of a new atrocity president volodymyr zelensky says at least 39 civilians were killed more than 80 others wounded in a Russian rocket attack on a rail station in the eastern city of crema tours People crowded waiting for the trains to be evacuated to the safe territory President zelensky spoke through an interpreter to the Dutch parliament Russia denies the attack telling the interfax news service only Ukraine uses the type of missile found at the scene European Commission president Ursula von der leyen is in Kyiv today meeting with president zelensky She is decrying what she calls the Russian atrocity President Biden plans to celebrate the first black woman confirmed to the Supreme Court with an event at The White House this afternoon with judge katon G Brown Jackson Bloomberg government's Emily Wilkins has more This is a historic moment It was really underscored by the fact that you had Kamala Harris be the one to sort of hold the gavel and to call the vote for her Big ass Emily Wilkins Now judge Jackson will have to wait a few more months to become justice Jackson her predecessor Stephen Breyer is it retiring till late June or early July T minus an hour or so for the first all civilian trip to the International Space Station for civilians including three paying customers are flying on SpaceX on a ten day mission organized by axiom space a startup building a private space station to replace the current one Global news 24 hours.
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"Got a great show for you today My name is Jack Fitzpatrick I'm co hosting with Emily Wilkins of Bloomberg government We're in for Joe who's off today We promise he will be back soon We're going to bring in Brian Klein founder of rich point global in a former U.S. diplomat in Beijing shortly to talk to us We're also going to hear from June Grasso host of Bloomberg law here on Bloomberg radio to talk about ketanji Brown Jackson's upcoming hearings for her Supreme Court nomination next week And of course we'll bring in our reliable panel Rick Davis and Jeannie shino Bloomberg politics contributors but the first person we've got to talk to is Charlie pellet for a market update Hi thank you very much Jack Fitzpatrick Here's what's going on Stocks had their best week since 2020 on the week the S&P rallied 6.2% four days of gains We had the Dow this week up 5 and a half percent NASDAQ the outperformer though this week up by 8.2% Tech companies led gains traders weighing mix signals from the peace talks between Russian Ukraine amid volatility from expiring options oil remained above one O four a barrel WTI today up by 1.7% Oil of course been a major story this week Brent crude ending the week at one O 7 71 up to day by 1% Spot gold on the minus side down 1.1% to 1921 the ounce ten year yield 2.14% two year yield 1.93% S&P today up 51 points up 1.2% to down today up 274 up 8 tenths as stack today up by 2% I'm Charlie palace That chick Jack Fitzpatrick is a Bloomberg business flash Thank you so much Charlie.
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"Friend Emily Wilkins shares the byline House Democrats seeking avenues She rides to ram through their priorities as part of a final push before the midterm elections Yes the year of sweet release That was me who said that But importantly here Democrats their right hope President Biden and Jeannie mentioned this a minute ago can use executive action to accomplish some of what they can not pass So that's how this ends Congressman Clyburn was talking about it up at that retreat Reminding members of how many times through history executive orders have been used Certainly was a preferred mechanism of the former president But let's back up Let's bring you into the room actually in Philadelphia a little bit earlier today with speaker Nancy Pelosi talking about this very agenda that would be I guess part legislative part executive order and a lot of it sounds awfully familiar Here she is And we want to continue that work in certain aspects of BBB of child tax credit Universal pre-K the list goes on affordable child care our champion in the Congress Catherine Clark nobody has done more than she has in the Congress on that subject Home healthcare saving our planet the list goes on Saving the planet a little thing called saving the planet By the time President Biden got there and spoke to the room this is a few hours later The conversation shifted to communicating what had already been done what had already been passed and he was talking about fiscal responsibility and the bad rap that he sees the party getting Here's President Biden at the retreat Last year because of what you all did we reduced the deficit by $360 billion.
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"Right now He was in Washington D.C. He's got your world nationally news Nathan On day 12 of Russia's war with Ukraine mad rushes announced another limited ceasefire to allow civilians to leave besieged cities but most of the quarters they're offering to set up are into Russia and Belarus something Ukraine won't accept This woman fled the capitol Kia for a small village about 31 miles away I thought I would be even more frightened But now I feel like a soldier I feel that I have a lot of energy to just fight because I know that we will win I know that this war against Putin is war he couldn't win As the war continues the U.S. is warming to the idea of sanctioning Russian oil and gas Bloomberg government Emily Wilkins reports We saw House speaker Nancy Pelosi who announced last week that she was supportive of such a ban tell lawmakers that the house is working on legislation that could ban Russian oil imports But we also know that the Biden administration is considering such a band Wilkins but European Union allies appear divided on joining in sources tell Bloomberg news German Chancellor Olaf scholz shut the door to Russian oil sanctions for now in the latest closed door negotiations The world has crossed the 6 million mark in confirmed COVID deaths Doctor William schaffner at Vanderbilt medical center says vaccines and Therapeutics have the U.S. in a much better place but he says we need a global perspective In other parts of the world the virus is still spreading relatively unchecked and every time it spreads it can mutate and if new variants of concern crop up then they could travel around the world yet again Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries this is Bloomberg One 45 Progressive snapshot can save you money based on how you drive and how much you drive.
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"I'm Emily Wilkins here with my fellow Bloomberg government reporter Jack Fitzpatrick we are filling in today for Joe Matthew Well in just a few minutes we're gonna speak with congressman Mark pocan but first we're gonna get a market update with Doug listener Hey Emily so we had a focal point I think on two primary areas One the inflation report for the month of November this is retail inflation as reflected by CPI a very hot reading an annual increase last month of 6.8% That's the highest since about 1982 Curiously it was in line with estimates right and so maybe in the equity market a sigh of relief that we did not have a number or a reading at any rate that exceeded forecast The second focal point with this rally that we had in information technology after the blowout results from Oracle and Broadcom and those gains in infotech led the S&P 500 to a record high 4712 we were up about 1% on the day where the Dow is concerned again of a 6 tenths of 1% We had the NASDAQ composite rising by about 7 tenths of 1% Now the other key risk for markets obviously the omicron variant Today British health officials said they expected to become the dominant varied by the middle of this month and a new study in the UK finds boosters give protection against oma cron in a range of 70 to 75% efficacy Here in the states the first Democrat cases were detected mostly in vaccinated people they experienced mild illness the CDC reporting only one hospitalization and no deaths so far So now as we wrap up this week our focus is on the fed meeting next week and whether or not today's CPI data will have a meaningful impact on the fed's thinking Chair Jay Powell is already said policymakers should consider withdrawing stimulus at a faster pace Today the ten year treasury was down a little more than a basis point and yield We were last quoted in New York at a yield of 1.48% I'm Doug prisoner and that is the Bloomberg business flash Thank you.
Bloomberg Radio New York
"emily wilkins" Discussed on Bloomberg Radio New York
"Com This is Bloomberg's sound on with Joe Matthew So what's all the fuss about anyway We're drilling down on the minutia digging through details from the policies to the pay for is knowing all the while that any bill passed in the house will change may be dramatically in the Senate right I'm Joe Matthew in Washington joined by Emily Wilkins today and we're going to talk taxes coming up with Laura Davis and Bloomberg Congress and tax reporter Take it with a grain of salt First the markets though an update now from Charlie thank you very much Joe Matthew an update for the Dow the S&P and NASDAQ very close to records today's stocks gained after the biggest increase in retail sales since March We saw results from Walmart and Home Depot showing robust demand even as inflation squeezes purchasing power Home Depot shares up today by 5.7% Walmart though tumbled two and a half percent The Dow up 18 up the Dow up 54 I should say up one tenth of 1% It was the S&P 500 Index It was up 18 up four tenths of 1% as stack up 120 up by 8 tenths Ten year yield 1.62% golds at 1850 the outset sparkled West Texas intermediate crude down a tenth of a percent 80 76 a barrel Bitcoin of 8 to 1% 60,000 990 on Bitcoin Booster shots of the Pfizer BioNTech vaccine for all American adults could win FDA approval as soon as Thursday this according to The New York Times an advisory panel of the Centers for Disease Control and Prevention is set to discuss the matter on Friday And President Biden will decide in coming days who will lead the Federal Reserve for the choice of reappointing the current share Jay Powell or replacing him with fed governor lael brainard this according to a person from the matter Again recapping S&P up 18 close to a record of four tenths I'm Charlie pelican Joe is your Bloomberg business flash That Charlie we thank you as.
Bloomberg Businessweek
Senate Fails To Move Forward With Coronavirus Stimulus Bill
"Stimulus bill has failed a second time to pass a procedural vote Senate minority leader Chuck Schumer says all Americans need to be included we're very close to reaching a deal very close and our goal is to reach a deal today but Majority Leader Mitch McConnell says the deal is almost done eleventh hour demanded democratic beside or more important than Americans paychecks and the personal safety of doctors and nurses now the Democrats say a deal very close Bloomberg's Emily Wilkins says despite some very heated debate things are moving very quickly right now things are very much still up in the air to go she Asians are on growth so there is still hope that things can get
Bloomberg Surveillance
Ralph Lawrence, Jc Penney and Reporter discussed on Bloomberg Surveillance
"Beat fiscal secondquarter estimates core up one and a half percent the chip maker said it will buy back as much as a billion dollars of stock that's about a nine point eight percent stake based on yesterday's closing price and going back to retail earnings tiffany up fifteen percent the jewelry retailers fiscal first quarter profit and sales beat the average estimates by the widest margins in years tiffany raised this year's earnings forecast and said it would buy back as much as a billion dollars of stock ralph lawrence up three and a half percent fiscal fourth quarter results at the prowl maker and retailer beat projections ralph lauren sales at locations open more than a year otherwise known as same store sales fell less than analysts expected urban outfitters though down two and a half percent your power retailers shares are lower even though first quarter earnings and sales topped estimates bear in mind or urban outfitters shares have more than doubled in the past nine months and just mentioned right lows the stock moving higher in preopening trading the day after they've announced that they got a new you see yo marvin ellison well there you go that's certainly part of the mix as well moving over from jc penney indeed all right now it's time to talk about student debt with our education reporter emily wilkins joining us from washington emily thank you very much for.