18 Burst results for "Lauren Freeman"
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"Analysts in over a 120 countries. This is Bloomberg radio. Now, a global news update. The Justice Department is appealing the appointment of a special master to review documents seized from former president Trump's Mar-a-Lago estate. The DoJ is also looking to throw out Trump's legal challenge entirely. Lawyers for the DoJ argued in a filing to the 11th U.S. circuit Court of Appeals, the judge Eileen cannon aired in ordering our view from the special master, asking the court to vacate that order. The 15 year old suspect in the North Carolina mass shooting will be charged as an adult. Wait county district attorney Lauren Freeman said her office has filed petitions to transfer the case to superior court, with the teen suspect to be charged for killing 5 people in a shooting spree and Raleigh. The unidentified teen is hospitalized in critical condition. Electric vehicles flooded with salt water after hurricane Ian made landfall in Florida are proving to be a fire hazard. Republican senator Rick Scott sent a letter Friday to transportation secretary Pete Buttigieg, noting that lithium ion batteries and flooded EVs have been spontaneously erupting into flames. I'm Tammy trejo. This is Bloomberg daybreak week and tired global look ahead of the top stories for investors in the coming week. I'm John Tucker in New York. Just a few more weeks till the midterm elections and watch for more twists and turns before we get there. For more, let's head to our Bloomberg 99 one newsroom in Washington at Amy Morris. Amy. All right, thank you, John. There are plenty of national issues that could impact down ballot races as we approach the midterm elections. Joining me now to talk about all of this Bloomberg's White House reporter Justin sink, Justin
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"At Bloomberg surveillance, the market is our language. Okay, well enough for the French, we'll leave it there. We're still working on French. Potatoes on the raw. Bloomberg surveillance with Tom Keene, Jonathan farrow and Lisa Rommel's. Nice work, Tom. It was terrible at French. I was so excited. We do mornings at 7 eastern on Bloomberg radio and Bloomberg television. The Justice Department is appealing the appointment of a special master to review documents seized from former president Trump's Mar-a-Lago estate. The DoJ is also looking to throw out Trump's legal challenge entirely. Lawyers for the DoJ argued in a filing to the 11th U.S. circuit Court of Appeals, the judge Eileen cannon aired in ordering our view from the special master, asking the court to vacate that order. The 15 year old suspect in the North Carolina mass shooting will be charged as an adult. Wait county district attorney Lauren Freeman said her office has filed petitions to transfer the case to superior court, with the teen suspect to be charged for killing 5 people in a shooting spree and Raleigh. The unidentified teen is hospitalized in critical condition. Electric vehicles flooded with salt water after hurricane Ian made landfall in Florida are proving to be a fire hazard. Republican senator Rick Scott sent a letter Friday to transportation secretary Pete Buttigieg, noting that lithium ion batteries and flooded EVs have been spontaneously erupting into flames. I'm Tammy trejo. And I'm Susanna Palmer in the Bloomberg newsroom. Finance ministers and central bankers from the world's biggest economies were divided on a variety of issues, including Russia's war in Ukraine and ways to deal with climate change. That, according to a group of 20 statement released today, three days later than usual due to those tensions. Elon Musk has dropped his threat to stop providing free satellite Internet service in Ukraine, saying that he wanted to perform good deeds despite the cost. The abrupt about face came a day after the world's richest man said his SpaceX company couldn't afford to keep funding the high-tech Starlink connection indefinitely. Senator Bernie Sanders says the Federal Reserve is hurting the economy. The Vermont independent noted that he wouldn't hike interest rates any further. Sanders said, in effect, the fed was going after working people at a time when many were struggling. Sanders called inflation a global problem due to the pandemic and other factors. It is caused by, in my view, the war in Ukraine, obviously, and it is also caused by incredible corporate grief. Sanders appeared on NBC's meet the press. The battle against COVID could lead to a cancer vaccine by the end of a decade. One of the key researchers behind the COVID vaccine hopes the same mRNA technology could help fight cancer. He tells the BBC why she is cautiously optimistic. We have learned about in a large number of people how the immune system reacts towards mRNA so this will definitely accelerate the problems of vaccine. In this research, the mRNA technology sends a blueprint to cells to produce an antigen or protein to target cancer cells, global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. I'm Susanna Palmer. This is Bloomberg. Broadcasting
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"Representative Adam kinzinger says former president Trump is required by law to testify before the January 6th committee, appearing on ABC's this week, the Illinois Republican who sits on the panel, said Trump can ramble and push back all he wants, but it's a legal requirement for him to appear. That was in response to a 14 page letter the former president addressed to committee chair, representative many Thompson, where he didn't make it clear if he would testify or not. Arizona candidate for governor Carrie Lake is standing by her claims that the 2020 presidential election was stolen. We had 740,000 ballots with no chain of custody. Those ballots shouldn't have been counted. When asked to provide evidence for the claim on CNN State of the Union, Lake did not mention a specific source. She went on to say that the problem is the media won't cover suppose 2020 election fraud that Americans have a First Amendment right to question election results, like also promised that if elected governor, she would make sure elections are transparent for all. The 15 year old suspect in the North Carolina mass shooting will be charged as an adult, wait county, district attorney Lauren Freeman, said her office has filed petitions to transfer the case to superior court. The unidentified teen will be charged with killing 5 people in the shooting spree in Raleigh, he's hospitalized in critical condition. Holiday air travel this year is set to be the most expensive on record, Scott Carr reports. According to the travel booking group, hopper, airfares around the upcoming Thanksgiving holiday are up 25% from last year, while flights around the Christmas holiday are up an average of 55%, and the reasons not simply inflation has the effects of a pandemic fade away. There's been no let up in demand for seats. Some delta officials say global demand has gotten a boost from people who are choosing to spend less on products and more on experiences. And one analyst says while carriers have rebuilt much of their passenger capacity, they still only have about 87% of the available seats they had in 2019. Experts recommend booking as early as possible or be prepared for some serious sticker shock. I'm Tammy trejo. There are once again growing calls to address gun violence following Thursday's mass shooting and Raleigh North Carolina. Rob steals fiance, Mary Marshall, was one of the 5 people murdered. He says detectives came to his home asking him to confirm whether or not she had any tattoos. And I remember I said, yes, how the hell did you know that? Yeah, we knew right now. We knew. We knew she was gone. In addition to the 5 fatalities, two other people were injured, a vigil was held Saturday as the stun community looks to rally around the grieving families. The 15 year old suspected gunman will be charged as an adult. The head of SpaceX, Elon Musk is agreeing to keep his satellite Internet service in Ukraine. Scott Carr has the story. Must ask The Pentagon to put the bill for roughly 20,000 Starlink satellites being used for Ukraine's military operations. This after Musk suggested Ukraine concede some of its land to Russia, he then was accused of speaking directly with Russian president Putin, Musk seemed to change his mind on Saturday tweeting he would continue to fund the project even though in his words Starlink is still losing money. Former president Obama hitting the campaign trail for Democrats just before the midterm elections. He'll be in Atlanta on October 28th to appear with candidates in George's key races, and urge people to get out and vote. The following day Obama's expected to join Michigan governor Gretchen Whitmer and other Democrats for a rally in Detroit. He'll also be stopping off in Milwaukee. Holiday air travel is on track to be more than a little expensive this year. According to travel booking group hopper, Thanksgiving airfare is up 25% from last year, while Christmas air fair is up a whopping 55%. In addition to inflation, airlines still only have about 87% of the available seats that they had before the pandemic. The cost of jet fuel is surging and demand continues to grow. All of these factors driving up those ticket costs. I'm Tammy trujillo
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"Representative Adam kinzinger says former president Trump is required by law to testify before the January 6th committee, appearing on ABC's this week, the Illinois Republican who sits on the panel, said Trump can ramble and push back all he wants, but it's a legal requirement for him to appear. That was in response to a 14 page letter the former president addressed to committee chair, representative many Thompson, where he didn't make it clear if he would testify or not. Arizona candidate for governor Kerry Lake is standing by her claims that the 2020 presidential election was stolen. We had 740,000 ballots with no chain of custody. Those ballots shouldn't have been counted. When asked to provide evidence for the claim on CNN State of the Union, Lake did not mention a specific source, she went on to say that the problem is the media won't cover suppose 2020 election fraud that Americans have a First Amendment right to question election results, like also promised that if elected governor, she would make sure elections are transparent for all. The 15 year old suspect in the North Carolina mass shooting will be charged as an adult, wait county, district attorney Lauren Freeman, said her office has filed petitions to transfer the case to superior court. The unidentified teen will be charged with killing 5 people in the shooting spree in Raleigh, he's hospitalized in critical condition. Holiday air travel this year is set to be the most expensive on record, Scott Carr reports. According to the travel booking group, hopper, airfares around the upcoming Thanksgiving holiday are up 25% from last year, while flights around the Christmas holiday are up an average of 55%. And the reasons not simply inflation has the effects of a pandemic fade away, there's been no led up in demand for seats. Some delta officials say global demand has gotten a boost from people who are choosing to spend less on products and more on experiences. And one analyst says while carriers have rebuilt much of their passenger capacity, they still only have about 87% of the available seats they had in 2019. Experts recommend booking as early as possible or be prepared for some serious sticker shock. I'm Tammy trejo. President Biden is touting
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"Radio. Now, a global news update. The Justice Department is asking a federal appeals court to reverse an order that appointed a special master to review documents seized in the Mar-a-Lago raid. The department is also looking to throw out former president Trump's legal challenge entirely in a filing to the 11th U.S. circuit Court of Appeals, federal lawyers argued that judge aileen cannon erred in ordering a review from the special master and is calling on the court to vacate her order. President Biden is touting the effect his inflation reduction act will have on prescription drug prices and describe the bleak reality many lower income Americans are facing. Especially the case when it comes to healthcare and prescription drugs. Speaking at a volunteer event with Oregon Democrats in Portland, Biden discussed how the IRA will cap medication costs for seniors specifically pointing out cap costs for insulin vaccines without copays and hearing aids being available to purchase over the counter as of this week. Biden also warned that every benefit in the legislation could go away if enough Republicans were given the power to vote it out after the upcoming midterm elections, the president is currently wrapping up a three day tour of the western U.S.. The U.S. is sending more missiles, rockets, and anti tank weapons to Ukraine. Julie Ryan has more. The Pentagon announced the $725 million security assistance package Friday, which includes additional ammunition for the high mobility artillery rocket systems or high Mars. This system is credited with helping Ukrainian forces counter Russian advances and recent attacks targeting the capital of Kyiv and other areas. I'm Julie Ryan. The 15 year old suspect in the North Carolina mass shooting will be charged as an adult, wake county district attorney Lauren Freeman, said her office has filed petitions to transfer the case to superior court with the teenage suspect to be charged as an adult for killing 5 people in a shooting spree and Raleigh. The unidentified teen is hospitalized in critical condition. I'm Chris grazia. Consumer sentiment is slightly higher this month, the University of Michigan's early reading for October edged up another point after hitting its all time low in June. However, more Americans remain gloomy when it comes to the outlook for inflation. The survey noted a high level of uncertainty over the future of prices and the economy which points to a bumpy road ahead for consumers. A NASA spacecraft will be swinging close to home this weekend, Lucy will pass over 200 miles above the earth's surface early Sunday morning. Lucky observers in the western U.S. will be able to spot it about 7 26 a.m. Eastern Time if the skies are clearer. Lucy's 12 year mission is to explore Jupiter's Trojan asteroid swarms, which have never been directly observed. The spacecraft will swing by earth three times during the mission in order to give it a speed boost to continue on its path. Lucky ticket holders in California and Florida will share an estimated $494 million after matching all 6 numbers in last night's mega millions drawing, Friday's numbers were 9, 22, 26, 41, 44, and the gold mega ball was 19. It's the first mega millions jackpot win, since somebody in Illinois scored the $1.3 billion prize back in July. Three tickets sold in New Jersey, North Carolina and Texas matched all 5 white balls to win the second tier $1 million prize. Coming down the night shift Rock. icon, Bruce Springsteen is releasing a new song from his upcoming new soul album, it's a cover of the Commodore's night shift from their final Motown album. It's part of the 73 year old New Jersey natives album called only the strong survive, which will feature a 15 cover tunes by the supremes the temptations and four tops among others. It comes out November 11th, and in music history news back on this date in 1995, Paul and Linda McCartney were the guest voices on Fox TV's The Simpsons in an episode called Lisa, the vegetarian. McCartney's stipulation for appearing was that Lisa's decision to become a vegetarian would be a permanent character change to which producer David merkin agreed. I'm Chris Frazier. And I'm susannah Palmer in the Bloomberg newsroom. Federal Reserve bank of St. Louis president James bullard left open the possibility that the Central Bank would raise interest rates by 75 basis points at each of its next two meetings in November and December. That's a faster pace than officials had been thinking. Bullard speaking today in Washington said the federal open market committee might consider moving forward into December some of the tightening it had projected in 2023, but that it's premature to make predictions. An attorney who has owned in New York Knicks season tickets for nearly 50 years has sued Madison Square Garden entertainment, claiming that he and nearly 60 lawyers from his firm were barred from the company's properties. Larry said in the suit filed in state court Thursday that MSG took the action against him and the partners at David off hotter and citron LLP. After he became lead counsel for 24 ticket resellers who were suing MSG for violating New York's arts and cultural affairs law. MSG said it instituted a policy in June that precludes attorneys from firms engaged in litigation against the company from attending events at its venues until that litigation has been resolved. Rupert Murdoch is considering recombining his fox corp and News Corp. businesses and we get the story on that from Bloomberg's Charlie pellet. It would put back together a media empire that he split in 2013. According to a statement played Friday, News Corp. has set up a special board committee of independent directors to study a potential deal and evaluate possible terms, both companies have changed dramatically since their split almost a decade ago. Bloomberg's Charlie pellet, global news, 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. I'm Suzanne Palmer. This is Bloomberg. This is Bloomberg opinion. I'm Bonnie Quinn
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"A global news update. Republican Senate candidate Herschel Walker is insisting reports that he paid for an ex-girlfriend's abortion are false. Well, as I said, that's a lie. And you know, what most thing I put it in a book, one thing about my life is I've been very transparent. The former NFL running back made the claim again in last night's debate with democratic senator Raphael Warnock of Georgia that covered a wide variety of topics, including abortion. In the strangest moment of the night, Warnock said he never pretended to be a police officer, a reference to walker, falsely claiming to have worked with law enforcement, walker responded by pulling out what appeared to be some kind of police badge in claiming he worked with police officers. The 15 year old suspect in the North Carolina shooting spree will be charged as an adult, wake county district attorney Lauren Freeman said her office has filed petitions to transfer the case to superior court with the teenage suspect to be charged as an adult for killing 5 people Thursday in Raleigh. A member of the Charles Manson Family is being denied parole. Patricia krenwinkel was convicted in the 1969 murder of actress Sharon Tate and four other people. Krenwinkel was up for parole on Friday and was blocked by California governor Gavin Newsom, who called her a significant contributor to the violence and tragedy that became the Manson Family's legacy. Scientists in Hawaii say the mauna loa volcano is in a state of heightened unrest, the world's largest active volcano was struck by a series of earthquakes on Friday, including two large quakes that were felt by hundreds across Hawaii's big island. Aftershocks are expected to continue for several days in possibly even weeks, a SpaceX capsule carrying four astronauts from the International Space Station safely splashed down off the Florida coast. The crew dragon capsule carrying three NASA astronauts and an Italian from the European space agency, parachuted into the Atlantic Ocean late Friday afternoon after a 5 hour flight from the space station. I'm Julie Ryan. The race to replace Ohio senator rob Portman is neck and neck. Lisa Taylor has more. Recent polls show less than a one point spread between democratic candidate Tim Ryan and his Republican challenger JD Vance. That's within the margin of error, making the race too close to call. Next month, Ohio Senate race is being closely watched by Americans because it's one of just a few that will decide which political party controls the U.S. Senate in 2023. I'm Lisa Taylor, New Yorkers are feeling the effects of inflation as it remains above 8%. Natalie migliori reports New Yorkers say there's no way of telling where this economy is going. Everything
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"Abortion are false. The former NFL running back made the claim again in last night's debate with democratic senator Raphael Warnock of Georgia that covered a wide variety of topics, including abortion. The 15 year old suspect in the North Carolina shooting spree will be charged as an adult. Wait county district attorney Lauren Freeman said her office has filed petitions to transfer the case to superior court, with a teenage suspect to be charged as an adult for killing 5 people Thursday in Raleigh. A member of the Charles Manson Family is being denied parole, Patricia krenwinkel, was convicted in the 1969 murder of actress Sharon Tate and four other people. Krenwinkel was up for parole on Friday and was blocked by California governor Gavin Newsom, who called her a significant contributor to the violence and tragedy that became the Manson Family's legacy. That's the latest I'm Julie Ryan This is masters in business with Barry red holes on Bloomberg radio. I'm Barry rid holtz, you're listening to masters and business on Bloomberg radio. My special guest this week is Tom pula. He is the head of adviser services for investing giant. Vanguard where he has worked since 1988. So let's talk a little bit about the Vanguard effect My friend Eric balchunas, who is a Bloomberg intelligence analyst, wrote a column a couple of years ago called the Vanguard effect and eventually turned that into a book, the bogle effect, where he points out not only has Vanguard driven down costs for their own clients, if that was the end of the story. All right, it'd be an interesting little tale, but what's happened is through market forces and competition, everybody else in the financial services has been forced to follow suit and is calculates its hundreds of billions soon to be a $1 trillion in cost savings, tell us a little bit about the Vanguard effect. Yeah, I think it's true. I agree with Eric that Vanguard are set up structurally to drive costs lower, became very competitive, investors want a low cost, came to Vanguard in droves. Competitors had to respond or not grow. And so they cut price, which we all know that compounds over long periods of time, and it's a good thing for investors. And we saw that as we started to really grow in the U.S. that took effect in a big way. But I'll tell you the first time I heard the headline, the Vanguard effect is I went to London in 2008. We launched our first set of funds in the UK in June of 2009, and right before that, a couple of our competitors, before as we're actually officially out, they cut the price. And there was an article in the FT, and it talked about the Vanguard effect. We didn't even launch yet. We weren't even growing. We didn't even know if we're going to be successful. Just the thread of moving into a space. So how does Vanguard think about competitors? A do you even think about competitors or do you just focus on doing your own thing at a certain point you have to be aware of what's going on in places like state street or BlackRock or wisdom tree? Yeah. Look, we're certainly aware of the competition, but we've always said, do what's right and customers will follow. And so for us, it's very, very easy to do what's right. We just don't have any conflicts of interest in any decision making. We have. It's all about the end investor. So you only offer them quality products. You don't go to fads so they don't get burned. You communicate very clearly and candidly about the risks. You know, you talk about return, but talk about the risks as well to manage expectations. And when you do what's right, you get a lot of trust built up and you grow. Really, really quite intriguing. So should I not hold my breath waiting for the Vanguard crypto ETF? Is that it's unlikely we'll have a crypto ETF Barry. The way we look at crypto is it doesn't really have an intrinsic value. It's more of a supply demand thing, so it feels more like speculation. Yeah, but an investable asset. Exactly. But the technology behind crypto is pretty interesting. And there's some great use cases for that. And we think that's the future in many aspects of financial service market. Really interesting. All right, so we mentioned belt unis booked. Let's talk about Robin wiggle worst book trillions. You know, we all sometimes feel like the area will be working our space. Oh, I know the history that I'm really knowledgeable about that. But as I read that, I was genuinely shocked as to the history of both the industry and what took place in past investing in indexing, tell us a little bit about how trillions resonated over at Vanguard. Yeah, I thought it was really well written. I lived part of that revolution, if you will, of indexing, but there are certainly things that I learned from that book. Some of the other characters that were involved, some of the really early days and the characters around that as well. So resonated really well. It was interesting for me because I helped start our ETF business. Back in the early 2000s and a lot of those folks, I knew and we were trying to get these things going and it was a really interesting time. And once again, you kind of felt like you were doing something disruptive. And really exciting. But I thought it was a fascinating history. I would recommend that book to anybody that's interested in investing at all. I think it's just a great history of something that was super disruptive, but maybe a little bit more of a slower burn than people might think. Yeah, no, absolutely. It was definitely a slow burn. And then it exploded. And I think to some degree, I think the inherent advantages of ETFs over mutual funds are part of that. I know some people like the ability to just buy when they want to buy and not have to wait till the end of the day and get a mutual fund pricing. But to me, the single biggest advantage of ETFs seems to be enormous tax benefit of not paying for somebody else who's selling. Explain, first off, if mutual funds were introduced today, would they even be approved if it was a new product? Wait, this is much worse than ETFs. Why would we want to prove that? How do you think about the differences between the two products? Yeah, look, I think mutual funds are still a very good product. They may not go away in the too short of term. It's a really good product. I think there's some benefits to mutual funds if you think about 401k plans. You read my mind. They certainly work well in a quality qualified retirement. You need an ETF. You only need to strike an NAV once a day. So there's that aspect of it. Index mutual funds are pretty tax efficient as well, not quite as tax efficient for most as the ETF. You still have that changeover and I recall when something like Tesla was added. It had a big
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"Starting Monday, hearing aids will be sold over the counter without a fitting from a doctor, it's seen as a positive move from those in the audiology industry. Jackie Clark teaches at the University of Texas in Dallas and says the availability will also work to reduce the stigma surrounding hearing aids. It will actually sensitize people, recognizing maybe I do have a hearing problem. But she warns the consumers need to do their research because there will be plenty of options available. Herschel Walker is adamant reports he paid for an ex-girlfriend's abortion or false. The topic of abortion was brought up. At the highly anticipated debate between democratic U.S. senator Raphael Warnock and his Republican challenger Friday, with walker denying his support of a complete ban. And I say I support the Georgia heartbeat bill because that's the bill of the people from governor Kemp. And I said, that hasn't changed in it. We're not said that the decision should be done in the room between a woman and her doctor. Wisconsin's democratic governor Tony Evers and Republican challenger Tim Michaels traded barbs in their only debate Friday night in Madison, both candidates repeatedly worked to paint their opponent as too radical, both beavers and Michael said they would certify the results of the next presidential election, a marquette law school poll earlier this month, shows that race nearly deadlocked. Authorities plan to charge the 15 year old Ronald North Carolina shooting suspect as an adult, wake county district attorney, Lauren Freeman, says her office has filed petitions to transfer the case to superior court. The unidentified suspect remains hospitalized in critical condition, at least 5 people were killed two others were injured during that shooting. Halloween ends is bringing in over $5 million from Thursday previews. That number is up 11% from last year's Halloween kills previews. The new film is set to make close to $55 million at the domestic box office this weekend. It's also available for streaming on peacock this weekend. I'm Brad Siegel. A woman in California has been fired from her job because of a TikTok video. Julie Ryan has more. The video showed coffee spilling all over the counter after she forgot to put her mug underneath the coffee maker. The coffee spill isn't what got 24 year old Michelle cerna fired. It was the work meeting playing on her laptop in another room that got her in trouble. Serna said she didn't realize the meeting could be heard in the video until she was called into the human resources office and fired. The company let her go because she didn't get consent from her coworkers or the company for recording a confidential conversation and for making a social media video during work. Cerna said rejection is redirection and has started her own company. I'm Julie Ryan. The race to replace Ohio senator rob Portman is neck and neck. Lisa Taylor has more. Recent polls show less than a one point spread between democratic candidate Tim Ryan and his Republican challenger JD Vance. That's within the margin of error, making the race too close to call. Next month's Ohio Senate race is being closely watched by Americans because it's one of just a few that will decide which political party controls the U.S. Senate in 2023. I am Lisa Taylor. The
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"In hundreds of missile strikes launched this past week more from Brian shook. A senior U.S. Military official said Russia is trying to retaliate after an explosion damaged a Crimean bridge, which it blamed on Ukrainian forces. The official said Russia is deliberately targeting civilians and infrastructure like electricity and bridges in Ukraine. I'm Brian shook. The 15 year old suspect in the mass shooting that killed 5 people and Raleigh North Carolina Thursday will be charged as an adult, wake county district attorney Lauren Freeman, says petitions have been filed by her office to transfer the case to superior court, the unidentified individual remains in the hospital in critical condition. A federal judge is temporarily allowing DACA protections to continue. Those enrolled in DACA will be able to renew their two year protections from deportation and keep their work permits that keeps the status quo while the court case plays out. I'm Brad Steve. Dial this Bloomberg sports update. The Cleveland guardians even their best of 5 playoff series with the Yankees winning four to two and ten innings of Yankee Stadium, the Yankees took an early two zero lead on the first inning home run by John Carlos Stanton, but a pair of ex mets held the guardians tie it as Andres Jimenez delivered an RBI single in the fourth at Ahmed Rosario Homer to deep center in the 5th. The guardians went ahead on the tenth on a bloop single by Oscar Gonzalez, which followed another bloop single by José Ramírez, who advanced the third on an error. Josh naylor then doubled home Gonzalez, Jameson takes the loss for the Yankees, Emmanuel clase, Winston relief for the guardians, game three tonight at 7 30 from Cleveland, with Luis savarino opposed by Tristan McKenzie. The Philadelphia Phillies take a two games to one lead on their national league divisional series against the braves, the Phillies defeating the braves in game three, 9 to one, meanwhile, the San Diego Padres down the Los Angeles Dodgers two to one to take a two games to one lead in their national league divisional series. Hall of Fame pitcher Bruce Sutter has died he was 69 years old, sooner spent time with the Chicago Cubs on the Saint Louis Cardinals. Suitor won a World Series with St.
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"Under the Affordable Care Act to develop and test new delivery and payment models for prescriptions. The executive order will build upon the drug pricing reforms, which were included in the inflation reduction act. Authorities will charge the 15 year old Raleigh North Carolina shooting suspect as an adult. Wade county district attorney Lauren Freeman says her office has filed petitions to transfer the case to superior court. The unidentified suspect remains hospitalized in critical condition following a standoff with police, at least 5 people were killed, and two others were injured during a shooting spree in a neighborhood northeast of central Raleigh. I'm Brad Siegel. There's a renewed push in California to pay residents who live car free. Nica maga's has more. The state Senate is reconsidering a bill that would give low income Californians $1000 for not owning a car. It was shot down by governor Newsom last month, Newsom says he supports approaching a transition from vehicles to more sustainable transportation, but the estimated cost to implement the bill is nearly $1 billion per year, and it's not accounted for in the budget. The legislation would have created a $1000 tax credit for households with no registered vehicles until 2028. Both houses in the California legislature overwhelmingly passed the measure in September in an effort to reduce greenhouse gas emissions and fight climate change. Starting Monday, hearing aids will be sold over the counter without a fitting from a doctor. It's seen as a positive move from those in the audiology industry, experts say the availability will help reduce the stigma surrounding hearing aids, but warn consumers need to do their research as there will be plenty of options available. Florida's tourism marketing agency wants people to know, there are still plenty of places in the sunshine state that we're not affected by hurricane Ian. Rick hoschel has more. Visit Florida launching a new tourism marketing campaign featuring footage captured in 14 destinations across Florida, the $2.7 million ad campaign is called sun's shining in Florida. It'll run in major U.S. markets on digital and social platforms through the end of the month, the agency also planning a comprehensive recovery package for area's hardest hit by the storm when they're ready to welcome visitors again. I'm ricko. Ringo Starr is canceling the remaining dates of his tour after getting COVID for the second time. The former beatle drummer paused the tour in June after band members tested positive for the virus, Ringo first tested positive a couple of weeks ago. That caused him to cancel 5 shows in Canada, he would go on to test negative before testing positive again Thursday, the latest positive test result caused him to cancel shows on the West Coast and in Mexico. I'm Brad Steve. Now, this Bloomberg sports update the Cleveland guardians in the New York Yankees all tied up at one game apiece and their American League division series, Cleveland evened up the best of 5 sample of four to two win in ten innings and game two in The Bronx, Ahmed Rosario had a game signed solo Homer in the 5th inning before Oscar Gonzalez and Josh naylor played it runs in the tenth to let the guardians to the victory. Emmanuel clase was credited with the win after pitching the final two and a third scoreless innings, John Carlos and smacked a two run Homer in the first inning for the Yankees. Jameson sayon took the loss, game three tonight in Cleveland. The Philadelphia Phillies just a victory away from advancing to the national league championship series for the first time since 2010, Bryce Harper and Homer and drove in three runs apiece as the Phillies blasted Atlanta 9 to one in game three of their national league division series in Philadelphia. Likewise, the San Diego Padres take a two games to one lead, and their divisional series matchup against the Dodgers, the Padres winning game three two to one. The rangers fall for the first time in this young NHL season losing to the Winnipeg jets four to one dried and hunt the lone ranger gold scorer, pre season NBA, the next and the nets playing their final pre season match ups before the start of the regular season next week. The next defeated Washington one O 5 to 89, while it was the nets over Minnesota, one 12 to one O two. The first round of the Major League Soccer playoffs begins this afternoon, the New York Red Bulls are hosting FC Cincinnati at 12 noon and Harrison, New Jersey, the Red Bulls finished the regular season with 53 points to earn the fourth seed in the Eastern Conference. New York City at sea, the defending champions open their postseason on Monday night, hosting under Miami CF at Citi Field and flushing. New York City wrapped up the regular season third in the east with 55 points. But the Bloomberg sports update, I'm Tom Rogers. This is Bloomberg businessweek inside from the reporters and editors who bring you America's most trusted business magazine. Plus, global business finance
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"Of former president Trump's Mar-a-Lago estate. The DoJ is also looking to throw out Trump's legal challenge entirely. Georgia's two major Senate candidates met, possibly for the only time on the debate stage Friday night, John Clark has more. In a much anticipated debate, Georgia U.S. Senate candidates Herschel Walker and Raphael Warnock finally met face to face in Savannah. There was speculation as to whether walker would appear following allegations he paid for an abortion for a former girlfriend despite a strong anti abortion stance. I believe in life. And I tell people this, Georgia is a state that respects life and I'll be a center that protects life. A second debate is scheduled in Atlanta Sunday Night, walker has not yet confirmed his participation. I'm John Clark, the 15 year old suspect accused of carrying out a mass shooting that left 5 people dead in Raleigh, North Carolina Thursday, will be charged as an adult. Wait county district attorney, Lauren Freeman, said petitions have been filed by her office to transfer the case to superior court. The U.S. and its allies are putting a cap on the price of Russian oil. Putin's decision to wage war in Ukraine has sharply elevated energy prices. So said treasury secretary Janet Yellen at the annual IMF meeting. She called it an innovative policy to cut president Putin's revenue and respond to his decision to continue Russia's invasion of Ukraine. A beta version of the student loan forgiveness application is now available online. On Friday, the Biden administration launched a beta version of the application on the student aid dot gov website, which looks the same as the preview shown by The White House earlier this week. Those who submit their information using the beta version will have their information processed and will not have to resubmit. I'm Brian shook. Hearing aids will be sold over the counter starting on Monday without a fitting from a doctor. It's seen as a positive move from those in the audiology industry. Jackie Clark at the University of Texas says consumers still need to do their homework, but wider availability will benefit many suffering from hearing loss. A big deal has just been announced in the supermarket business, Rory O'Neill reports Kroger and Albertsons are merging to create a national supermarket chain operating in 48 states. The $24 billion deal emerges Ohio based Kroger and Idaho based Albertsons, creating a company with nearly 5000 stores and more than 700,000 employees. Kroger says it will invest more than a $1 billion upgrading albertson stores and spend another billion on increased pay and improved benefits for employees. I'm Rory O'Neill. A pretty good golfer in Arkansas is suing after a country club refused to give him the really good prize it promised Michael kasner reports morals and country club east of Little Rock posted on Facebook hole in one on number ten gets you the keys to the F one 50 thanks to J Hodge Ford of moralton. Well, after Austin clay get paid the $375 entry fee and scored a hole in one on the tenth hole last Saturday, he expected to drive home in his new truck, but the country club and the car dealership are refusing to hand over the keys so Claudia is suing them both in a Facebook post last month, the country club set the dealership as giving us a truck to give away. The dealership now says the truck at the golf course was for display only in the country club promoted it as a prize without the Ford dealers consent. I'm Michael kassner. The richest man in the world is now selling perfume, but he isn't calling the scent Musk, Tesla, SpaceX and boring company CEO Elon Musk is marketing a perfume called burnt hair. Mosque announced on Tuesday that it's available on his tunnel drilling company's website for a $100. I'm Brian shook. Now this Bloomberg sports update, the Cleveland guardians, even their best of 5 playoff series with the Yankees winning four to two in ten innings at Yankee Stadium, the Yankees took an early two zero lead on the first inning home run by John Carlos Stanton, but a pair of ex mets helped the guardians tie it as Andre Jimenez delivered an RBI single in the fourth, and Ahmed Rosario Homer to deep center in the 5th. The guardians went ahead in the tenth on a bloop single by Oscar Gonzalez, which followed another bloop single by José Ramírez, who advanced to third on an error. Josh naylor then doubled home Gonzalez. Jameson tie on takes the loss for the Yankees, Emmanuel class a wins and relief for the guardians, gained three tonight at 7 30 from Cleveland with Luis severino opposed by Tristan Mackenzie. The Phillies beat the braves 9 to one to grab a two games to one lead and their national league divisional series, and in the 7th inning in San Diego, the ponder is holding on to a two to one lead over the Dodgers. That series tied at a game of peace. Hall of Fame pitcher, Bruce Sutter, has died, he was 69 years old, suitor spent time with the Chicago Cubs on the Saint Louis Cardinals, suitor won a World Series with St. Louis and was a pioneer of developing the split fingered fastball. Suitor became a baseball Hall of Fame member in 2006. In the National Hockey League, the rangers fall for the first time this season, four to one to the Winnipeg jets, dryden hunt the long ranger gold scorer, Connor hellebuyck engulfed for Winnipeg turning aside 40 of 41 ranger shots to get the victory. In pre season NBA action the final tune ups before the regular season starts next week for both the Knicks and the nets, the next go to three and one in the pre season, beating Washington one O 5 89, and the Brooklyn Nets even their preseason record at two and two with a one 12 to one O two victory over the Minnesota Timberwolves. With a Bloomberg sports update, I'm Tom Rogers
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"Now, a global news update, the 15 year old suspect accused of carrying out a mass shooting that left 5 people dead in Raleigh, North Carolina Thursday will be charged as an adult. Wake county district attorney Lauren Freeman said petitions have been filed by her office to transfer the case to superior court. Herschel Walker continues to refute reports he paid for an ex-girlfriend's abortion. The topic of abortion was brought up at the highly anticipated debate between democratic U.S. senator Rafael Warnock and his Republican challenger on Friday with walker denying his support of a complete ban. And I say I support the Georgia heartbeat bill because that's the bill of the people from governor Kemp. And I said, that has exceptions in it. Prosecutors are calling on an investigation into potential jury misconduct in the Florida high school massacre penalty trial during an emergency hearing today the assistant state attorney said the state is not trying to set aside the verdict of life in prison. I'm Brian shook. This is Bloomberg best on Bloomberg radio. I'm at Baxter. And I'm to these Pellegrini. The nation others are a lot of talk about struggle when it comes to investors, including from hedge fund investor, boaz Weinstein, founder of Sabra capital. You know, this has the feeling to me like we're going to be worried about some number of these things or new things for potentially quarters and maybe even years to come. And one student speaking there at the Bloomberg invest conference in New York. And all this talk about struggling companies and about struggling economy certainly puts debt in the spotlight as we've been talking about. Yeah, it sure is, and we had a chance to hear about it from Jim zelter, co president at Apollo global management about the increasing opportunity to buy credit or paper as they call it. So here's shelter with Bloomberg's Lisa Abramovich at the Greenwich economic forum in Connecticut. Let's listen in. Certainly there's a big paradigm shift going on right now and you have to respect the markets, Biden vigilantes, they'll get rates where they should be. More so than the fed or the central banks. But it's an interesting paradigm shift where you see where rates have been and we've been in this period where there's been an undue focus on low rates and it's put valuations very, very high. So it's a period of transition. You have to respect it, but also you want to be on your fun foot, which we've been able to do over the last several months. And we'll continue to do so. What does that mean? Well, what it really means is if you've been prudent the last decade and not been over your skis and valuations and have been thoughtful about what you put on the books, there's a very interesting time. The cost of capital now matters, purchase price matters, and those who have capital and have a lot of flexibility in their toolbox, you will find many interesting companies from which to give capital to. Are you taking more risk right now or less risks than you were a month ago? You know, we're measured. We run a very, very large platform over 550 billion in aggregate over almost 400 billion in debt. You really can't pick the bottom. It's really impossible to predict. You can prepare along the way, but we are we are methodically putting opportunities to work. We've been active in the CLO market. We've been active in working with some of the banks on the large ducks indications Citrix in particular
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"Messer. This stock has shot up big time. Tim Stevens. So take us into the economic impact of this. Along with reporters and editors who help make your business week profitable. Let's dig into it with Bloomberg business week editor Joe Weber. It's the cover story of the upcoming issue, Bloomberg, business week. We did afternoons at two eastern. These are retailers that have been on everybody's radar. Those Apple numbers continuing to come in. On Bloomberg radio, the Bloomberg business app and Bloomberg radio dot com. The 15 year old suspect accused of carrying out a mass shooting that left 5 people dead in Raleigh, North Carolina Thursday, will be charged as an adult. Wake county district attorney Lauren Freeman said petitions have been filed by her office to transfer the case to superior court. Herschel Walker continues to refute reports he paid for an ex-girlfriend's abortion. The topic of abortion was brought up at the highly anticipated debate between democratic U.S. senator Rafael Warnock and his Republican challenger on Friday with walker denying his support of a complete ban. And I say I'll support the Georgia heartbeat because that's the bill of the people from governor Kim. And I said, that hasn't changed in it. Prosecutors are calling on an investigation into potential jury misconduct in the Florida high school massacre penalty trial during an emergency hearing today the assistant state attorney said the state is not trying to set aside the verdict of life in prison. I'm Brian shook. And I'm Charlie pellet, at Bloomberg world, headquarters. A losing week for the U.S. stock market, a down Friday after a report showed U.S. year ahead inflation expectations rose for the first time in 7 months. Emily Roland is co chief investment strategist at John Hancock investment management. There's certainly been a lot for markets to digest this week in today as well. And I think inflation dynamics really are front and center inflation, of course, has been sort of enemy number one as far as the backup and rates as far as the fed hawkishness. And then it is just not going away. Emily Roland of John Hancock. At the Luthor group, chief investment strategist Jim Paulson says this may be the time to start buying stocks. Bear markets don't generally end under conditions that make a lot of sense. Usually the news is horrifically bad you feel helpless and there's no solution to the problems you face. And then the market starts going up for no reason whatsoever. Jim Paulson of the Luthor group. A survey from the University of Michigan says consumers expect prices will climb 5.1% over the next year up from 4.7% in September. Jo Ann Shu is director of surveys at the University of Michigan. People are still feeling the bite of inflation. Higher income people are now really starting to feel concerns about their asset values and the improvement that we saw before. It has been really tentative. Joanne Shue of the University of Michigan News Corp. is confirming it will explore a combination with Fox corp. Stock's law, S&P down 86 down 2.4% the Dow down 403 down 1.3% NASDAQ down 327 down 3.1%. Global news, 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. I'm Charlie palette. This is Bloomberg
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"Where to get the answers. Just to put a good word in for Bloomberg, one of the few systems you can easily use to figure it out is right in front of you. Inside. Analysis. In the best from the Bloomberg terminal. The Bloomberg terminal is like a Ducati Panigale. I can extract maybe 5 to 6% of a total. I don't think you're even close. I think it's like sitting on top of a Saturn B 5. Bloomberg markets with Paul Sweeney and met Miller, weekday mornings at ten eastern on Bloomberg radio. Raphael Warnock says he deeply respects life and stands up for the lives of women in Georgia every day. Because one of the reasons why I stood up to address this issue of maternal mortality in our country. And I joined with Marco Rubio to pass a bill to address maternal mortality. The topic of abortion was brought up at the highly anticipated debate between democratic senator Warnock and his Republican challenger on Friday with walker denying his support of a complete ban. Authorities will charge the 15 year old Raleigh, North Carolina shooting suspect as an adult. Wake county district attorney Lauren Freeman said her office has filed petitions to transfer the case to superior court. Florida governor Ron DeSantis says he supports an investigation into potential jury misconduct in the Florida high school massacre penalty trial. During an emergency hearing today, the assistant state attorney said the state is not trying to set aside the verdict. I'm Brian shook. And I'm Charlie pellet at Bloomberg world headquarters. A down Friday, stocks fell after a report showed U.S. year ahead inflation expectations rose for the first time in 7 months. Margie Patel is senior portfolio manager at all spring global investments. I think that the fed is basically looking at the unemployment rate, which looks terrific. So they feel they can continue to aggressively tighten aggressively self securities and things are all right because the unemployment rate is low. And so I think that's why the market will once again overreach. Margie Patel of all spring, Wall Street, meanwhile, continues to digest yesterday's big swing for the stock market. We had the widest daily trading range for the S&P since the pandemic sell off in March of 2020. Zach Griffiths is senior strategist for fixed income at credit sites. It doesn't smell right. It doesn't feel right, and I think when we've gotten moves like this that didn't make a lot of sense off the back of either an FOMC decision or a data like this, it is tended to reverse. And so I think this is certainly a huge issue and hard to explain right now, but we won't be talking about it a week from now. Zach Griffiths of credit sites. Well, today we heard from several banks, including JPMorgan Chase, Citigroup Wells Fargo and Morgan Stanley, Gina Martin Adams is equity strategist at Bloomberg. There really is about beating very low expectations. Recall banks as well as the financial sector at large are expected to be the worst of the worst in the S&P 500 down for a second consecutive quarter. Expectations were down for a double digit pace of decline for much of this sector for this quarter. That's pretty well expectations in a very low in the very easy bar to beat for the most part. Bloomberg's Tina Martin Adams, stocks lower S&P down 86, a drop of 2.4%, the Dow was down 1.3% NASDAQ today down 3.1%. Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. I'm Charlie palette. This is
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"Appointment of a special master to review documents seized from former president Trump's Mar-a-Lago estate. The DoJ is also looking to throw out Trump's legal challenge entirely. The 15 year old suspect in the mass shooting that killed 5 people in Raleigh, North Carolina on Thursday is going to be charged as an adult, wake county district attorney Lauren Freeman said petitions have been filed by her office to transfer the case to superior court. Florida governor Ron DeSantis calls it a miscarriage of justice that Nicholas Cruz didn't get the death penalty. The state of Florida has executed people in our history who have committed really dastardly crimes, but crimes that didn't reach this level of carnage. Desantis said he supports an investigation into potential jury misconduct in the Florida high school massacre penalty trial during an emergency hearing today the assistant state attorney said the state is not trying to set aside the verdict of life in prison. I'm Brian chuck And I'm Charlie pellet, app Bloomberg world, headquarters. A losing week for the U.S. stock market, a down Friday after a report showed U.S. year ahead inflation expectations rose for the first time in 7 months. Emily Roland is co chief investment strategist at John Hancock investment management. There's certainly been a lot for markets to digest this week in today as well. And I think inflation dynamics really are front and center inflation, of course, has been sort of enemy number one as far as the backup and rates as far as the fed hawkishness. And then it is just not going away. Emily Roland of John Hancock. At the Luthor group, chief investment strategist Jim Paulson says this may be the time to start buying stocks. Bear markets don't generally end under conditions that make a lot of sense. Usually the news is horrifically bad you feel helpless and there's no solution to the problems you face. And then the market starts going up for no reason whatsoever. Jim Paulson of the Luthor group. A survey from the University of Michigan says consumers expect prices will climb 5.1% over the next year up from 4.7% in September. Joanne Shu is director of surveys at the University of Michigan. People are still feeling the bite of inflation. Higher income people are now really starting to feel concerns about their asset values and the improvement that we saw before. It has been really tentative. Joanne Shue of the University of Michigan, News Corp. is confirming it will explore a combination with Fox corp. Stock's law, S&P down 86 down 2.4% the Dow down 403 down 1.3% NASDAQ down 327 down 3.1%. Global news, 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. I'm Charlie palette. This is Bloomberg. Your listening to balance of power with David Westin on Bloomberg radio. My conversation with Bridgewater founder ray dalio continues on the fed's battle against inflation and how we get the economy back on track. What they've done is they produce this giant lurch forward, and now, yes, they will raise interest rates to the point that there's enough economic pain and financial market pay to deal with that. And it'll be real pain. No question about it. Not least in the form of unemployment. In all likelihood that we're going to have to have. At the same point, from your point of view, your perspective on history, despite the pain, is that the right thing to do because in the long run, even the people who make less are hurt by inflation more than anybody else is. The key, of course, is to try to get the balance as best this weekend. And I call it a beautiful deleveraging. You need a beautiful deleveraging. How do in history debts decline relative to incomes? So you could go back and see the mechanics of that. And the way that happens is a mix of some amount of restructuring debts, and that is a deflationary force because one man's debts are another man's assets. And so some amount of restructuring is a deflationary force. You take buying power away from others. And then some form of debt monetization and to get the stimulus and you tried to get the middle ground. Because of the size of the issues we're dealing with, it's not something that we're used to in terms of its magnitude, I think. And then if we take the internal conflict factor, I think we have to look at all three because they play a role. And so it's traditionally those three things are the perfect storm. They all affect each other. So if you have a bad economic situation, as you said, it affects one group of people, and it hurts them. Then you have an internal political conflict, right? The left and the right, the rich and the poor. And so on. And then that affects things. And vice versa. And then, of course, the external conflict. The cost of the external conflict, like for example, it's estimated that so far, the cost of two to the Ukraine war of the Ukraine war to NATO is something like $8 trillion. If you look at to rebuild, are we going to rebuild are they going to rebuild, they ask the NATO countries like they ask the European countries. Are you going to put in? Well, they're broke. And they're going to put in. Then if you look at the cost of climate change, climate change is approximately $10 trillion a year. If you look at the cost of building infrastructure, if you look at the cost of all of those costs and you add up those costs, those are it's not like we're going to stop the spending. So you have to achieve that financial balance in some kind of a way. Right now, governments, governments are like people, meaning when you spend, you think the basic economics works the same. The only difference is they get to print money. So when you spend, you think, how much money do I have to spend? And then wherefore what do I prioritize it on? So what happens is the government says, what do we need to spend money on? And then go spend the money. And we don't have that balance. So that issue is a big fundamental issue, particularly when we have populism of both sides. I want to turn to China, which you mentioned, but before that, let me ask one question given where the United States is in the cycle. One of the things you talk about in your book is reserve currencies. And when you become dominant, you get to have the reserve currency, like the British pound before U.S. dollar now. Given where we are, why is the U.S. dollar so strong? Is it too strong? So I think it's important for you and everybody to understand that you're not you shouldn't look at the value of the dollar in relationship to other currencies as much. I mean, they're all bad currencies. So we can get into why Europe is a bad currency and why the yen is a bad currency. They're all bad currencies. And they are all depreciating in buying power. Just like the 30s, just like the 70s, they all depreciate in relationship to what they can buy. Currency is money. But when we look at them, one in relationship to another, we may not pay attention to that. So that's our existing set of circumstances. Okay, the answer is the Euro, are you kidding me? I mean, we can go on about Europe situation. Wow. Oh my God. And then, okay, what are they doing in the end? They're just printing them on it. Whatever it is. And so the question is what is the store hold of wealth? Money is a medium of exchange or store hold of wealth. And it's not a good store hold of wealth when the interest rate you are receiving is much less than the inflation rate. So that's what you're seeing happen. Coming up more with
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"Shooting in Raleigh, North Carolina on Thursday is going to be charged as an adult. Wake county district attorney Lauren Freeman said petitions have been filed by her office to transfer the case to superior court with the suspect to be charged as an adult. Raleigh police chief Stella Patterson spoke about the victims earlier. 5 individuals lost their lives, including off duty, Raleigh police department officer. Two others were injured, including a Raleigh police officer who has been treated and released from the hospital. The Justice Department is asking a federal appeals court to vacate an order that appoints a special master to review documents taken from the FBI's search of former president Trump's Mar-a-Lago estate. The DoJ is also looking to throw out Trump's legal challenge entirely. Americans are growing more concerned about inflation, the University of Michigan's latest reading on consumer sentiment shows a rebound in inflation expectations for the next 12 months. The survey's chief economist notes continued uncertainty over prices and the global economy. The race to replace Ohio senator rob Portman is neck and neck, Lisa Taylor reports recent polls show less than a one point spread between democratic candidate Tim Ryan and his Republican challenger JD Vance. That's within the margin of error, making the race too close to call. Next month's Ohio Senate race is being closely watched by Americans because it's one of just a few that will decide which political party controls the U.S. Senate in 2023. The federal case against one of the sources behind an anti Trump dossier used by the FBI is in the hands of a jury. It's part of special counsel John Durham's ongoing investigation into the origins of the Russia investigation that led the FBI to issue several search warrants involving Trump associates to maintains a Russian think tank operative met with a democratic operative and lied to the FBI about the meeting. I'm Brian shook. Charges are now filed against a suspect accused of shoplifting in The Bronx that resulted in a police chase and injuries to officers, Scott Pringle reports. Police say many Tate of The Bronx faces robbery aggravated assault on two officers and a slew of other charges connected to Thursday's incident, police alleged that Tate stole items at a target on west 225th street in kingsbridge, and then led police on a foot chase. The officers and tape were all hit by a vehicle. The officers were sent to the hospital with leg injuries and Tate was hospitalized as well. Scott Pringle reporting, grieving parents in San Jose are suing Amazon for what they call suicide kits, their 17 year old son took his own life last year using sodium nitrate he bought online. The family claims the ecommerce giant knowingly assisted in his death by selling a chemical some describe as more dangerous than cyanide. Florida's tourism marketing agency wants people to know there are still plenty of places in the sunshine state that weren't affected by hurricane Ian, ricochet has more. Visit Florida launching a new tourism marketing campaign featuring footage captured in 14 destinations across Florida, the $2.7 million ad campaign is called sun's shining in Florida. It'll run in major U.S. markets on digital and social platforms through the end of the month. The agency also planning a comprehensive recovery package for area's hardest hit by the storm when they're ready to welcome visitors again. I'm ricochet. A pretty good golfer in Arkansas is suing after a country club refused to give him the really good prize it promised moralton country club east of Little Rock posted on Facebook hole in one a number ten gets you the keys to this F one 50. After Austin Clarke had paid the $375 entry fee and scored a hole in one on the tenth hole last Saturday, he expected to drive home in his new truck, but the country club and the car dealership are refusing to hand over the keys. I'm Brian shook. And I'm Charlie pellet. Bloomberg world headquarters. Stocks move lower after a report showed U.S. year ahead inflation expectations rose for the first time in 7 months, a down day for the Dow, the S&P and NASDAQ, despite yesterday's stunning reversal and rush sheets at Morgan Stanley believes we are in a bear market. If we look back to prior reversals of close to this, we saw a number in 2002, we saw some in 2008. So while it's welcome that we saw some relief, I think it doesn't necessarily change the broader backdrop. Andrew sheets of Morgan Stanley. A measure of consumer spending stalled a shoppers grew more guarded, Bloomberg's Vinny dal giudice has the story. Retail sales showed no change in September, the weakest showing in three months, 7 of 13 retail categories declined and made the worst inflation in four decades and rising interest rates. It's now favor that America's economy will slip into recession within the next year based on a new Bloomberg survey of economists. They need to ice Bloomberg radio will certainly inflation is front and center as the International Monetary Fund wraps up its annual meetings this weekend in Washington. Gita gopinath is the first deputy managing director at the IMF. I think there is a clear recognition that inflation is stubborn. It's persistently high. And I do think central banks are very careful, not to get stumbled on the
Bloomberg Radio New York
"lauren freeman" Discussed on Bloomberg Radio New York
"Lauren Freeman, said petitions have been filed by her office to transfer the case to superior court. Stocks fell sharply to end a volatile week on Wall Street, Liz Warner reports. The consumer price index increased during the month of September, but that didn't stop the Dow Jones Industrial Average from rising by more than 900 points at times today. At the closing bell, the Dow gained 827 points, the S&P 500 rose 92 points. Liz Warner reporting. The Justice Department is asking a federal appeals court to vacate an order that appoints a special master to review documents taken from the FBI's search of former president Trump's Mar-a-Lago estate. The DoJ is also looking to throw out Trump's legal challenge entirely. Russian military forces are targeting Ukrainian civilians in hundreds of missile strikes launched this past week, a senior U.S. Military official said Russia is trying to retaliate after an explosion damaged a Crimean bridge. The official said Russia is deliberately targeting civilians and infrastructure like electricity and bridges in Ukraine. Mental health professionals are outraged that Amazon is selling what some describe as a suicide kit filled with lethal chemicals. The body's natural inclination is not to experience pain. So individuals may even research. What is going to be most quote unquote effective? Doctor Rita walker at the university of Houston says having these products available in just two days is problematic Harry Potter author J. K. Rowling is remembering actor Robbie Coltrane after it was announced he passed away at the age of 72. Coltrane played Hagrid in the Potter films. Rowling said she'll never know anyone like Robbie again and said she was beyond fortunate to know him and work with him. I'm Brian shook. It appears that two officers killed in Bristol, Connecticut Wednesday night were ambushed. Scott Pringle has more. Sources tell NBC Connecticut. There was a fake 9-1-1 call from a Bristol home reporting a disturbance Wednesday and that the suspect was waiting for police with a gun. Sergeant Dustin de Monte and officer Alex hamsey were shot and killed in the third officers recovering from a bullet wound. Bristol police chief Brian Gould. They answered a call to duty and they responded without hesitation. And that's what they did every night before that. Suspect was found dead, but it's unclear if officers killed him or he took his own life. Scott Pringle reporting, breast cancers that emerge within 5 years of giving birth are more likely to spread and become deadly. That's according to a study from Oregon health and science university that looked at 2700 people, it found that the risk of breast cancer spreading after birth was 50% higher compared with those who had not given birth. The findings show current clinical guidelines need to be updated for the higher risk. Tina Turner is getting the Barbie treatment, TRE Thomas has the details
KC O'Dea Show
Protesters topple controversial Confederate statue at university
"Up after standing for more than one hundred years a controversial statue of a confederate soldier is no longer last. Night protesters at UNC Chapel, Hill cheered, as they, toppled silent Sam Students. Told ABC eleven after years of talking. About it they're glad something was, finally done. Well it's about, time we've had other, glazes and endure on and in other places in North Carolina and and this is just. Time for you to do the versity called the protesters actions dangerous and said they are