27 Burst results for "Mckeon"
WTOP
"mckeon" Discussed on WTOP
"P news. Its election 2023 here on WTO voters in Richmond and points south will decide their next member of Congress tomorrow, democratic state senator Jeffrey mcclellan is up against Republican pastor Leon Benjamin. Special election to fill the seat of representative Don McKeon, who died in November. Benjamin is called mceachin twice for the seat and failed he's challenged McKeon twice for that seat, but he hasn't done it. He's facing an uphill climb again tomorrow in Virginia's fourth district. Its population center is deep blue and Richmond and stretches south to the North Carolina border. If mcclellan does win tomorrow, she becomes the first black woman to represent Virginia in Congress. Virginia education leaders are taking a close look at new coursework that's been at the center of controversy last month, Florida said no to the college board's proposed AP African American studies course. Student will find out whether Virginia will block the curriculum too. Virginia governor Glenn youngkin spokeswoman Macaulay Porter says after hearing reports about the course being tested in some states, the governor has asked the education secretariat to review the material with an eye toward whether it aligns with the governor's forced executive order. Executive order one calls for an end to the use of inherently divisive concepts, including critical race theory, the college board says the AP course will be the most rigorous black studies program high school students have ever had. Particularly on WTO news, still ahead here on WTO, the Biden administration is contemplating an effort that would keep migrants out that would not allow them to declare asylum at the border and to get in. We'll check in with NBC News about some exclusive reporting about immigration restrictions and then the immigrants rights groups suing to reverse them. Stay with us for all that on WTO at ten O 7. The WTO charity of the month
Bloomberg Radio New York
"mckeon" Discussed on Bloomberg Radio New York
"On campus Monday night. Lufthansa has told Bloomberg. It has grounded all flights due to an IT problem. In the NBA, the Celtics and warriors lost the wizards one in the NHL, the Devils won islanders lost in the shootout, the bruins won in OT the capitals lost. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries, I'm Michael Barr and this is Bloomberg, Nathan. Thanks, Michael. It's 5 23 on Wall Street. I'm Nathan Hager, and this is Bloomberg daybreak, and we bring you now a conversation with Tom barkin, the Richmond fed president. He says the Central Bank may need to raise rates higher than anticipated if inflation keeps running hot, sitting down exclusively with Bloomberg's Michael McKeon, John farrow, barkin spoke, shortly after yesterday's inflation print. Let's listen in to part of that conversation now. It's about as expected. Inflation is normalizing, but it's coming down slowly. And I just think there's going to be a lot more inertia a lot more persistence to inflation than maybe we'd all want. Part of that is still COVID factors. Excess money in people's pockets. Supply chain issues in places like cabinets and switch gears. Part of his business factors, there are businesses out there still trying to recover lost margin. But I think the biggest thing is that after the experience of the last couple of years, businesses have now understood that pricing is a lever again. So one thing we've heard from fed officials including the chairman is that the disinflationary process has started. Is that something you agree with? Do you see much evidence of that and where do you find that evidence? Well, if you look at the 12 month numbers, you can see they peaked several months ago and they're coming down steadily. But that's one part of the puzzle is inflation coming down. The other part is actually hitting our target. And so it's going to take a while to get to there. To the latest data that have come in, not just today's CPI, but the jobs report, et cetera change your
Bloomberg Radio New York
"mckeon" Discussed on Bloomberg Radio New York
"If you think about energy as we think about Europe right now and going through this winter and their need for energy and the reliance upon Russia and the concerns, that's creating and then you think about it here in the U.S. do you drill for more oil more gas? Do you burn coal as we move towards a more greener energy infrastructure, it's tough and we're seeing that across the board, particularly in Europe and the question is what role does nuclear play? What role does new technology play? So that's our physics for 2022. We just did it there. We got it all through here. E equals mc². Thank you. Oh, I know that one. Yep. I never really, that was I was in class going away. Yeah, keeping up. Very smart. Yeah, people. With a huge serious reacher. This is serious stuff at hand. Our serious stuff is to tell you green on the screen. I mean, Paul, the stocks go down, heading towards the end of the year, the answer is they don't. I mean, I don't have the numbers in front of me, but there's always this collegial lift at the end of the year. A little bit here. I mean, some of it might be window dressing, but again, we're on the when you look at the S&P, we're up almost 11% off of that. Low, we saw a couple of months ago. And again, I think the question for a lot of people today and over the next several weeks, is this something I really believe in in terms of we've put in the bottoms and now we're kind of maybe treading water moving a little bit higher waiting to see when the rates will in fact peak or whether they will continue to be higher for longer or whether there is a fed cut maybe in a second half an extra. That's why we have Michael McKeon down in Washington D.C. for the CPI data that would be released tomorrow as well as the fed meeting on Wednesday. It was sexist intermediate dash in your 69 handle, didn't get there. It didn't get there. 72 62, a little rebound. Amy Morris is looking at that age two Hummer. I know. Gasoline $3 and 26. I mean, think about it. We were at $5. With respect, Steven shark tells the amateur me. That's not over. He's the best, Steven. There's been a gift here on distillates as they call them. That's not like, you know, diesel, and it's other stuff. I said, okay, stuff as well. We're gonna continue. Serious discussion on Bitcoin in the next hour as well at 17,000. A level. We are produced by Richard Sherman. He saw the eagles in the New Jersey
Bloomberg Radio New York
"mckeon" Discussed on Bloomberg Radio New York
"And good morning, I'm Karen Moscow, U.S. stock index futures are on the rise this morning at the start of a pivotal week for monetary policy decisions from the Federal Reserve, European Central Bank and a hosted their peers, and this update is brought to you by interactive brokers, and director broker's clients are an interest of up to 3.33% on the idle cash in their brokerage accounts visit IBKR dot com slash interest rates to learn more. And we check the markets all day long here at Bloomberg, our S&P futures up about 12 points of three tenths of a percent. Dow futures up about a quarter of a percent so our NASDAQ futures down futures have 76 points and NASDAQ futures have 29. The Dax in Germany is down four tenths of a percent, ten year treasury up 1330 seconds yield 3.52% in the yield on the two year 4.33%. Nymex screwed oil is up 9 10% or 65 cents at $71, 66 cents a barrel. Comic school down 6 tens percent or $11 20 cents at 1799 50 announced Euro one O 5 6 8 against the dollar British pound 1.2293. The yen is one 36.99 and Bitcoin is down 7 tenths percent at about $17,000. And that's a Bloomberg business flash. Tom and Paul. Karen, thanks so much. Staggering the Tuesday. A hugely important inflation report. And then Wednesday, everyone's leaving Paul at two 32 except Michael McKeon. I know. He will sit through the entire, it's going to be one of those cut out things. It's going to be McKesson. With a cardboard cutout as he waits for his final question, extending into the holiday week. Michael joins us now in charge of all of our economics internationally and of course policy added to that. How are the two events linked Michael McKee, the idea of an inflation report 24 hours, 20 9 30 hours before a fed report? Well, you'd think it would be very important because obviously the fed is targeting inflation. That's sole goal of there being right now. But because they are, they've raised rates so much already and more priced in that it's unlikely to have an impact unless some sort of major surprise. The betting is that inflation has peak and so far the fed and Wall Street economists have had a pretty good view on what's happening with inflation in various categories. So the feeling is that it isn't going to make much of a difference to their path going forward. Some Michael, I know you fed watchers down there in Washington, D.C. and really look for the body language. When we hear from these fed folks, what will you be looking for when we do hear from the fed on Wednesday? Well, I think what J Powell wants to really communicate and the rest of the fed to some extent in this statement, however they might want to phrase it, is that yes, they're slowing down the pace of rate increases and they may not go a whole lot higher, but once they get there, they're going to stay there for a long time. They've argued in some cases for a year or more. Oh, okay. I don't think they want to demonstrate conviction that they don't have because they don't know what's going to happen with inflation. And certainly we could see a recession. So the idea, though, is that they don't want the markets to start pricing in recession. And or drop in fed rates so that we see financial conditions we can and the inflation start to take off again. So expect them to be fairly firm in what they say about how long they're going to go. They want the markets to buy that. We had an esoteric moment, Mike today. It's esoteric Monday. Where I went on Neil sauce on everyone, the great economist from Credit Suisse, and looking at an asymmetric versus a symmetric policy. How asymmetric is the fed in a conventional wisdom folks saying, let's not screw this up. How asymmetric is the fed in that worry right now? Well, there you would see, you would see them leaning towards the idea of higher for longer rather than adjusting the economy starts to weaken because they look back on history in the 70s and when inflation started to come down and Paul Volcker cut rates and then inflation went right back up again. They don't want to do that again. But they're also cognizant of the fact that they've raised rates a lot. And the rest of the world is raising rates and we'll have 5 central banks this week moving rates higher. And so there is a general tightening in the world and they want to be careful that they don't over tighten. So they're sort of leaning against the idea of cutting or easing back too much, but they're still concerned about the idea of over tightening because you get these effects from other countries. How united is this Federal Reserve here in terms of higher higher for longer? Let's stay there a while. What do we know? Well, basically they're united in the idea that they're going higher. Now the question is, how high? That's where there's some divisions between those who think you can stop just short of 5% and those who think you need to go over 5% a little bit. I think a minority is in the over camp at this point. But they are really going meeting to meeting and seeing where they are, so that could always change by the time we get to January. But they're not divided at all about keeping rates high for a long time because that's going to be their next weapon. They won't want to keep raising rates because they don't want to over tighten. So what do they do? Is they give this guidance that we're going to leave them there. To inflation tomorrow, I thought Lindsey pizza could stifle was great on this folks, but let's go to Michael McKee on it. There's that great divide Michael McKee. Mike actually on his left arm has a tattoo of the services versus goods. Now he does. Okay. That's what that was. Okay. And Mike, I look at the age old idea that good's disinflation even can deflate at some point, but services will hold on. How resilient in the sub indices now, how resilient to services inflation look. Well, it looks very resilient, particularly because housing takes a very long time to adjust and fed knows that home prices. Wait a minute. Housings and services. Housing just because it's not goods. Right. Okay. Got it. So that's going to keep services elevated. We saw Jay Powell a week ago when he spoke saying we know that. We know that housing is going to go down. It won't be reflected in the numbers right away, so we're looking at services ex housing, and there the anticipation is that they're going to stay elevated because there's still a shortage of workers in the industries that make up the services side and they have to continue raising salaries and we saw that in the jobs report last week that service industry salaries rose at a faster pace than goods. You know, Michael, if I were in your seat Wednesday, then a Washington. My question would be, hey, fed chairman pal. I just got a CPI print yesterday, which is Tuesday. It's 7.3%. It's well down from the 7.7 prior month. It's well down from the peak. Inflation is coming down. Why don't you guys just sit on the sidelines for a little bit? I think they would probably not totally disagree with that. They are going to split hairs about what the level of tightness needs to be in order to make sure that inflation goes down. And we're kind of in that level now. That area now, not that we need to raise rates and raise rates significantly, but we're getting very close to stopping, but we don't think we're quite there yet. And I think they feel that if they don't go a little bit higher, you'll still see impacts. They need to cut some of the demand on the service side to bring it down. But the thing you really want ball if you're down there is you want him to call on you early. So I may be in trouble. Because everybody, I mean, watch the press conference and if they have a wide shot from the camera in the back, all
Bloomberg Radio New York
"mckeon" Discussed on Bloomberg Radio New York
"Is likely unsustainable. Michael McKeon Bloomberg daybreak. Thanks, Mike, that retail sales report will be one of many the fed is watching, fed vice chair for supervision, Michael Barr cautions the economy will surely take a hit as the Central Bank confronts high inflation. Inflation right now is far too high. I think that it's the case that we're going to see significant softening in the economy. Fed vice chair for supervision Michael Barr spoke at the Senate banking committee in Washington. Meantime across the paw and Nathan inflation also a focus, prices in the UK have now hit a 41 year high. We get the details from Bloomberg's Lizzie burden in London. It's been driven by gas and electricity prices. That is the biggest contributor despite the government's support, but it's also food that's the second biggest contribution. Also housing and household services. And our economists at Bloomberg economics say the Bank of England isn't likely to take its foot off the break in terms of interest rate rises until services inflation drops back towards its long-term average. And reports the UK's consumer prices index for October rose at an annual rate of 11.1%. In corporate news this morning Karen Elon Musk is in the spotlight again. The Washington Post is reporting Musk told Twitter employees they either have to commit to a new hardcore Twitter or they should leave the paper says employees have to click a link to confirm commitment to the new Twitter by tomorrow if they don't, they'll receive three months of severance pay. And now the latest on the collapse of FTX and 8th and Bloomberg news has learned authorities in the U.S. and The Bahamas are discussing possibly bringing Sam bankman free to the U.S. for questioning sources say the conversations between officials and the two countries have intensified in recent days as they probe his role in the implosion of cryptocurrency firm FTX. Straight ahead your latest local headlines and this is Bloomberg. Thanks Karen 6 O 7 on Wall Street 42° in Central Park going to the low 50s today. Got a crash southend FDR drive at 63rd street, Michael Barr's here with what else is going on in New York and around the world. Good morning, Michael. Good morning, Nathan. A taxi ride is going to cost you a hail of a lot more. New York City cab writers will see a 23% increase in metered fairs. It's the first hike since 2012 following a vote from the city's taxi and limousine commission. The TLC also says passengers will also face an increase in rush hour and overnight surcharges and airport flat rates. The increases will also affect per mile and per minute rates for Uber and Lyft and are expected to go into effect before year end. The battle for Republican leadership in the next session continues, Bloomberg's Ed Baxter reports. Senator Rick Scott has told fellow GOP senators he will challenge Senate minority leader Mitch McConnell to be leader of the party in the chamber next year and he immediately made the debt limit his Keystone issue for the moment saying it can't be done until Democrats agree to federal spending cuts. McConnell says he has the votes to remain Senate GOP leader. Meanwhile, Kevin McCarthy's won preliminary support of the GOP to be House speaker, he will need to get a majority of the votes in the house to be elected in the new term. In San Francisco, I met Baxter Bloomberg day break. A judge in New York dismissed a lawsuit by Mary Trump who alleged her uncle, the former president, and his siblings scheme to siphon money from her share of the family business. The judge said her claims were barred by releases she had previously signed with members of her family. It's the second legal victory for former president Trump and his many days after a federal judge dismissed a lawsuit by his one time fixer Michael Cohen. Mary Trump's attorney vowed to appeal. The U.S. is heading back to the moon. NASA launched its first Artemis rocket overnight from cape canaveral, Florida. And
Bloomberg Radio New York
"mckeon" Discussed on Bloomberg Radio New York
"Anna Edwards. Joining us now is Jennifer McKeon, head of global economic services at capital economics. What matters about a week Euro for the Eurozone? I think it's probably reputationally, it's quite difficult for the ECB to have the Euro falling through parity, it's been a very, very long time since that's happened. And I think it probably also exposes a bit of an issue for the ECB in that it's constrained in what it can do with the interest rates in a way that the fed is not because of fragmentation risk and all eyes really are on the ECB now for what it's going to do about that. Whether it's new tool is going to help to keep spreads peripheral Bond spreads closed and allow it to continue raising interest rates in response to your starting phrasing interest rates in response to high inflation. Will the Eurozone avoid a recession in 2022? Or will it avoid a debt crisis? Recession, I think, is pretty likely now certainly in Germany, which is particularly reliant on gas supply from Russia. And I think probably now in the Eurozone as well, heading into the second half, unfortunately. Debt crisis, I believe that's a much further off. I think you'd need to see the spread between German and Italian yields in particular rise significantly further for that. And in theory, the ECB should have its tool in place in time to prevent that. But as ever with the ECB, it's likely to leave it rather late to act, I imagine. Here, more conversations like this one on Bloomberg television, streaming live on Bloomberg dot com and on the Bloomberg mobile app. Or check your local cable listings. Earnings season is here. It's a low bar gag into earnings. You're a bargains out there to be had. Bloomberg is fastest with the numbers and analysis. Conflicting and complex crosscurrents strap yourself in for this earnings season. Bloomberg. The fastest numbers and the melos this you trust. A mild
Bloomberg Radio New York
"mckeon" Discussed on Bloomberg Radio New York
"Information, visit ALC dot org slash time to talk, a message from the Alzheimer's association and the ad council. Influential conversations from Bloomberg television. Here's Anna Edwards. Joining us now is Jennifer McKeon. Head of global economic services at capital economics. What matters about a weak Euro for the Eurozone? I think it's probably reputationally, it's quite difficult for the ECB to have the Euro falling through parity. It's been a very, very long time since that's happened. And I think it probably also exposes a bit of an issue for the ECB in that it's constrained in what it can do with interest rates in a way that the fed is not because of fragmentation risk and all eyes really are on the ECB now for what it's going to do about that. Whether it's new tool is going to help to keep spreads peripheral Bond spreads closed and allow it to continue raising interest rates in response to your starting phrasing interest rates in response to high inflation. Will the Eurozone avoid a recession in 2022? Or will it avoid a debt crisis? Recession I think is pretty likely now certainly in Germany which is particularly reliant on gas supply from Russia. And I think probably now in the Eurozone as well heading into the second half, unfortunately. Debt crisis, I believe that's much further off. I think you'd need to see the spread between German and Italian yields in particular rise significantly further for that. And in theory, the ECB should have its tool in place in time to prevent that. But as ever with the ECB, it's likely to leave it rather late to act so I imagine. Here, more conversations like this one on Bloomberg television, streaming live on Bloomberg dot com and on the Bloomberg mobile app or check your local cable listings.
Bloomberg Radio New York
"mckeon" Discussed on Bloomberg Radio New York
"The greatest movies ever made. Tom Cruise, a gun maverick. Mike McKeon the building, which means one thing, economic data just around the corner, second away coming into it, equity futures, off session lows, but still negative we're down 1.3% on a S&P on the NASDAQ 100. We are down by 1.6 with some economic data for you. Let's cross over to Mike mckew as we wait for some of this to drip out. Good morning, Mike. Drip out is the word. Let's start with initial jobless claims. It's another move higher. Got to see what the revision is to last month, but we're up by 2000. Not a whole lot, not a big change, but 231,000 jobless claims initial jobless claims for the week ending June 25th. Now, the income and spending numbers is what everybody's been waiting for because they have the PCE inflation figures. And on a month over month basis, we're up 6 tenths, which is much higher than the two tenths from last month. Leaves the deflator at 6.3% on a year over year basis, which I suppose is probably good news for the administration and for the Federal Reserve. On a month over month basis, core is up three tenths. That is the same as last month. And that drops given base effects the year over year number to 4.7% from 4.9%. Now, this is the kind of thing that had been expected because the base effects were involved and because we're getting a wedge now between the core rate and the headline rate because the headline rate is much more influenced by energy prices. And the problem for the fed is that energy prices have come down significantly, but if they go back up again, they can't do anything about it. They have to sort of focus on the core to get a good idea of where inflation is. But their favorite indicator on a core basis is a little bit better. Just scrolling through the data here and the I want to point out incomes were up half a percent spending up two tenths. And that's after a 6 tenths gain the month before, which was revised down from 9 tenths. So maybe taking some of the inflation out of what people had been spending. The news on income better than forecast is the same as last month at half a percent. Spending on an inflation adjusted basis down four tenths compared to a three tenths gain in April. So we are seeing inflation affect the spending numbers, and I would imagine there's a bit of inflation in the income numbers as well. Mike, I'm going to borrow that phrase you used a little bit earlier, just about a minute ago, a little bit better. So the market a little bit better. Equity futures off the lines were down 1% on a S&P 500, what you saw in yields is just starting to roll over just a little bit more. Down 6 basis points to 3.02% and that dollar strength is still there, but that fades too. You are a dollar, goes from a 103 80, 103 90 ish back to a one O four ton. That currency pair negative a third of 1%. Maybe inconsequential, but maybe not because we have to sum it together with all the other data. John, as you mentioned, yesterday or the day before, the date has been really soggy. And this is a soggy data. No, I don't want to be that gloomy, but you saw yields move in 7, 8 basis points, maybe now they're only in 7 basis points. I'm going to watch the ten year yield if that breach is 3%. That gets my attention. It hasn't done that yet. Not far off with Tom a couple of basis points away. And Mike, a lot of this, I think, for me, sets the stage as I was looking ahead to this week, just going through the sketch or you did a great job of that at the start of the week for us. The ISM was the one that just sat there going into the long weekend that I think we're all focused on and Mike, I'd love to know what you're looking for, going into that. Well, I think we're going to probably see a bit of a decline in the overall headline number given what we were talking about earlier all the regional indexes show a decline. It'll be interesting to see what the price is paid numbers are because some of these headline energy numbers and other commodity prices have dropped over the last month. So we'll see if prices paid comes down. And that would probably be seen as good news. The fed is looking at core, but anytime you get a drop in the headline rate, it's good news for the fed because it pushes back in people's minds, the idea that inflation is going to get over entrenched in the economy. Just looking at the numbers here for personal income and spending, disposable personal income up 5 tenths. So not a major impact it looks like on a month over month basis on what you get after taxes. A reasonable figure there. My thank you. More taxes still to come this week. That's all behind us. Looking ahead to our tomorrow morning at 10 a.m. Eastern Time. Right now it's on futures down 1.1%. We're going to squeeze in Steven Stanley here with Amherst Pierpont as we wait for the president of the United States in Madrid, Steve Stanley, just doing fabulous work on the makeup of the American economy with Amherst Pierpont. What's your biggest mystery into Q three Steve Stanley on the classic equation consumption investment government or trade dynamics? Which one is the great Stanley mystery? Well, I think you got to watch the consumer and you got to watch housing because the markets are starting to smell economic slowdown, which I think is a little premature, but certainly that is the issue of the day. And if we're going to get a slowdown, that's where you're going to see it. So we've been focused very keenly. I think over the last couple of months on housing and it does seem to be cooling off, but it's cooling from a very hot temperature. And these numbers today on the consumer are a little disappointing. So I do think that the consumer is going to have a big summer. People getting out and doing all the things they haven't been able to do for the last couple of years. But the data this morning are not all that encouraging. And Stephen, that's exactly where I wanted to go, especially because real spending declined for the first time going back to December and more than people had previously expected this is inflation adjusted actual spending. How quickly is the consumer based on this data and other incremental points that we're looking at? How quickly is the consumer rolling over in terms of their ability to really accept some of the price increases? So well, there's ability and willingness, right? And I think the ability is unusually strong because consumers are sitting on a huge pile of cash that accumulated during the pandemic. All the fiscal largess in particular. So consumers have the wherewithal, at least in the aggregate to spend. I mean, obviously, inflation is going to create stress for certain households, but there is a question about willingness. And I think given the consumer confidence data, you have to wonder a little bit about how eager consumers are going to be to continue to spend. My sense is that they're still very enthusiastic. Certainly any field trip to the airport would suggest that people are still looking to at least the airport tomorrow. And it's going to be a nightmare. I'm already prepared for this. Whites are getting canceled. How much though is this part of the story that it is a blip it is revenge travel at is people who are reprising the past that they were not able to live during the pandemic, that ends. It ends with the miserable experiences that people have in the airport. It ends with the fact that people have gone out. They've traveled. They're now exhausted and are ready to start whatever it is that is the
Bloomberg Radio New York
"mckeon" Discussed on Bloomberg Radio New York
"Of their subscription service And the share is reacting negatively down about 5% Cut the price of the bike but look it's all about the content guys Talking of content let's bring the content that everyone wants on the day like today Let's go to where Tim's dreams are made of at the moment because for 20 gets into that number And we are currently seeing quite the roller coaster ride for Twitter shares up until this tumultuous week almost two weeks now since must started to disclose that 9.1% stake We have popped higher We have got near that red line for our radio audience We're marked on this chart where 54 $20 offer price currently looks But it is far away from that record high that we reached back in March Yeah you know what you guys it makes me curious about all the investment bankers out there Are there phones ringing saying okay now I want to look at Twitter like I just wonder if there's more interest So we shall certainly make humans point right Right exactly exactly All right we're talking about Twitter There's so much to get to but we got to talk about what's going on in terms of the market psyche when it comes to inflation and the fed be more aggressive with interest rates because it's definitely playing out and it explains a lot of the trade today John Williams president of the New York fed catching up exclusively with our own Mike McKee here at Bloomberg headquarters And he talked about the fed Check it out The economy is strong The labor market is basically back to a close to where it was before the pandemic with the unemployment rate around three and a half percent and other indicators showing that we have very strong demand for labor So I do think from a monetary policy point of view it does make sense for us to move expeditiously towards more normal levels of the federal funds rate And also move forward on our balance sheet reduction plans The fed to act expeditiously We're going to be talking about that word for a while Of course that's the president of the New York fed John Williams talking exclusively with our Mike McKeon I know you guys are going to play a bigger chunk about it but it does feel like there's kind of a pig pile when it comes to what we will get at that next fed meeting I feel like half a point baked in at this point Yeah it seems like that's the case It was a question that I put to Mike McKee a little earlier today And he said yeah the question that people are asking now is really what happens at the meeting after that And what that road looks like to get to that neutral rate that Williams says is within a range of two to two and a half percent He said two to two and a half percent is a neutral rate Yeah that's what he said A neutral setting is being somewhere in the range of 2% to two and a half percent Well that's a lot lower than what we've heard from some other fed members here So looking a little bit closer at 3% and who knows what bullard is that right now What is that like Like Tesla four 12% or something right now.
Bloomberg Radio New York
"mckeon" Discussed on Bloomberg Radio New York
"Right now Michael mckew with us with a state of American labor economy and again this is an economy where Jerome Powell is worried about wage inflation Mike what do you see Well we are looking for the claims numbers they come out a little bit more slowly here that we bounce back up 206,000 on the month that is not what the market was expecting at this point The issue here is that it's very hard to seasonally adjust during the holiday season So you're going to get these kind of numbers And we end up with 206,000 for initial jobless claims The other big numbers before the madam Lagarde gets started Housing starts are up 11 .8% Are we on fire on Fuego as they would say for housing starts Are up 3.6% giving you the impression that they are going to continue rising We're now at a 1 million 679,000 annual rate for housing starts that's up from 100 1 million 502,000 in the prior month So really significant boost to housing For me to know exactly why because the weather is not it's better than expecting So maybe on a seasonal adjusted basis but this is the time of year When you think you might see a slowdown the Philadelphia fed comes in up down rather to 15.4 from 39 so significant drop on the Philly fed I don't have the breakdown of the underlying numbers yet but we'll get that And just to give you a sense of what the perspective is in markets you are seeing a yields tick higher You are seeing stocks Take just a touch lower on the heels of this data really highlighting the expectation for more inflation but at least when I look at the housing data and I got to say continuing claims falling to the lowest since March of 2020 what you could see is the Euro strengthening one 13 39 the ten year yield a little bit off its earlier highs one 46 67 and crude stable around 71 47 But honestly the fact that we're continuing to see this strength Mike I am struck by the housing market being so robust how much does this basically support the idea of inflation being lingering given that it's going to take a while for the supply to come on the market It does suggest that we're going to have shortages in building materials that could push up prices The interesting thing is that with prices rising as much as they have builders are still very confident that they can break ground and sell their houses The single-family rate rose 11.3% of the multi-family starts were up by 11.8% So this one was evenly divided usually you see one or the other take the lead but in this case starts for both apartments and single-family housing very strong And Michael McKeon Bloomberg radio Bloomberg television we're going to go one more question with Mike And then we have Christine legarde who has started her comments is Chris Caroline Hyde mentioned earlier talking about the topic of Europe Now I'm a crime but the rising energy prices Michael McKee my singular observation yesterday is this is a well meaning Central Bank struggling with a China like boom economy How do they adapt to 8% real GDP plus four or 5% inflation whatever You and I've never seen this How does the fed adapt to the boom of the moment I don't think they have to adapt so much because their belief and economic and observers believe is that growth will slow We're getting a boost from the delayed effects of the pandemic assistance from the government as that fades and we hit a sort of fiscal break next year Growth will slow Hopefully remains above trend but it won't be quite as strong and that's behind their belief that inflation will slow But if inflation doesn't slow and you've got 8% growth you have some scope for slowing the economic demand in the economy It's Roman each headline matters It matters some Andrew Bailey of an historic Bank of England today without surprise or chairman Powell with Mike McKeon the press conference Yesterday Lagarde speaking and inflation to settle below target over outlook horizon Let's enjoy the garden In front at a lower pace than in the previous quarter We will discontinue net asset purchases under the pep at the end of March 22 Second the governing council decided to extend the reinvestment horizon for the back It now intends to reinvest the principal payments from maturing securities purchased under the pep until at least the end of 24 In any case the future roll off of the pipe portfolio will be managed to avoid interference with the appropriate monetary policy stones Third.
a16z
"mckeon" Discussed on a16z
"Of the world's most well-known companies running massive data centers with hundreds of thousands of servers. We're talking about companies like Amazon, Facebook, Microsoft, Google, Apple, Alibaba and Tencent. Innovation in the data center traditionally has been constrained by the model in which suppliers provided fixed function networking ships that limit how much the biggest data center operators can differentiate. In recent years, though, programmable chips have allowed these companies to customize and increase performance latency and reliability for the incredible amounts of data center traffic they manage. This trend also allows the hyperscalers to innovate throughout the pipeline from operating system to networking interface to use or application. To talk about the trends in data centers, we talked this summer to two experts. Martin casado is an a 16 Z general partner focused on enterprise investing. Before that, he was a pioneer in the software defined networking movement, and the cofounder of neisseria, which was acquired by VMware. He's joined by Nick McKeon, a Stanford Professor of computer science who has founded multiple companies and was Martin's cofounder at nisra and has worked with hyperscalers to innovate within their data centers. After this podcast was recorded, Nick was appointed senior vice president and general manager of a new Intel organization, the network in edge group. We start with Nick explaining the sheer scale of traffic inside data centers and how that is changing the industry. If you were to cut a line vertically through the United States and then look at all of the public Internet traffic that was passing from left to right and right to left. We call this the bisection bandwidth of the Internet. It's essentially how much capacity the Internet has crossing the United States. That is less than the amount of traffic going between a couple of hundred servers inside one data center. It's just been inverted. The whole model of how communication takes place has really become dominated by the inside of data centers of all the communication that's taking place for compute and nowadays, machine learning, training, and inference that's taking place. It's totally dominating how we communicate. So it means that the industry itself has focused on how to serve that market. And so the majority of the silicon that is being produced, whether it's CPUs, whether it's storage, whether it's for networking for the network interfaces and the switches, it's mostly targeted on that data center business just because of the sheer scale of it. And so we're going to get into how data centers got here and how they're evolving. But first to situate ourselves and what's happening right now, who are the companies that are running these massive data centers, these hyper scalers as they're called. And what's the current model? Who supplies them and who builds the data centers? So hyperscale as those companies that we know very well, like Google and Amazon and Facebook and Microsoft..
Most Foul Podcast
"mckeon" Discussed on Most Foul Podcast
"On this. A that gif is life for me. Yes and if this is to obscure. I'll just cut it so we've seen late clue enthusiasts but the thing that i always wondered about was yvette the housekeeper with her extreme frenchaccent but there is a moment where she's whispering no accent at all And is like their house. And i was like. Oh the accents fake. But then she's like it's you killed my whole life. I've been like did she just she just not whisper the accent like that's got to be a mistake or was there another plotline. That just never made it. Maybe because she whispers one hundred percent no accent and then immediately issues like startled and is about to kill back to her accent speaking voice. I was like what was that. Oh my gosh could we try to get on the show from the movie okay. One sad bit of trivia about me. For whatever reason. I thought leslie ann. Warren passed away. I i just had that working assumption forever. my. I don't know. I just thought she did. I grew up watching a lot of her leg really older movies from when she was really young and it was just my mind that she passed away and i think maybe it's because madeline kahn had and I don't know i think was the tv show community. I was just like watching it and you know. I thought that she was dead for at least a decade and then she appeared on this show. Who's just like since she was a lead on. Usa's in plain sight for a while. If you ever saw that show. She was great shock of life being like such a clue fan and matt how sad it was. she died. well she's who. I was immediately thinking of Who else michael mckeon. Who else i mean. It seems like a hard get. Yeah i was going to say christopher plummer but that's not as nice for lloyd. Yes thank you. We played a professor plum. Okay my old brain. The wires are getting crossed. Oh that's how. I could pretend to be a psychic. It's like i'm christopher plum. All my weird connections come out as like a sixth sense or something so before this turns into just a clue podcast listeners. Thank you so much for being on this journey with us. amazing amazing. please keep sending us your stories. I mean we could talk about them all day and we will probably off pod yes and as always we appreciate the hell out of you hundred fan. Thanks for listening to most foul. If you've got a tip for future episode topic or want to.
Bloomberg Radio New York - Recording Feed
"mckeon" Discussed on Bloomberg Radio New York - Recording Feed
"The pentagon a few hours ago. That operation was completed more than one hundred twenty. Three thousand people have been safely. Flown out of afghanistan that includes about six thousand american citizens. This has been a massive military diplomatic and humanitarian undertake. One of the most difficult in our nation's history and extraordinary feat of logistics and coordination under some of the most challenging circumstances imaginable. Many many people made this possible. I want to commend our outstanding diplomats. Who worked around the clock and around the world to coordinate the operation they volunteered for duty. And the cavalier. They flew to transit countries to help process thousands of afghans bound to the united states. They deployed to ports of entry and american military bases to welcome afghans to their new homes. They staffed a twenty four seven task force here in washington overseen by deputy secretary by mckeon and they built a list of americans possibly seeking leave afghanistan then worked to contact every one of them repeatedly making fifty. Five thousand phone calls sending thirty three thousand emails since august fourteenth. They saw problem after problem to keep the mission moving forward they did this. Because for the thousands of state department and usa id employees who served in afghanistan. In the past twenty years this evacuation operation was very personal. Many worked hand in hand for years with afghan partners. Many of whom became trusted friends. We also lost church members of our foreign service community in afghanistan. we'll never forget helping american's our foreign partners..
WFAN Sports Radio_FM
"mckeon" Discussed on WFAN Sports Radio_FM
"This morning. Nice to have you with us. Brian McKeon producing the program. Barrow Teeny wins the first set. 76 Djokovic jumps out to a four. Nothing lead, though. In the the second set over at Wimbledon as the men Complete the finals. Remember when Americans used to play? You have to have a long memory now Or at least it seems that way. 855 to 1 to 4 to 27. That's our number 855 to 1 to four. CBS. David in California has been very patient. Let's see if he's still there. Hi, David. How you doing, Chris? David Appreciate you calling. What do you got for us? Um, I can't really United states here. You write him. Would you say I said, What do you have for us? What do we want to talk about this morning? Okay. You were mentioned about players sitting out I'm a big San Francisco giants and I used to like to go. Watch. When Barry Bonds was playing and Never found that was only able to go to like 23 games a year and it never failed when I'd go to the game, he'd be sitting out. As he would he would play a night game that he wouldn't play the day game after a night game, right? So Tried to plan around that, but I used to like to watch him plain. So I don't. I don't see why players of their perfectly healthy need to sit out. And then when he did play A They were afraid to pitch to him. And I I got mad because they kept walking him. You go to see the guy playing. They want they will. It wouldn't let him hit. Yeah. Oh, yeah. Well, those are those are risks. Those are risks that are inherent in the game for sure, And you know, the day game after a night game is not what people are really complaining about. In this situation. It's when, as you say, they're perfectly healthy and just the The juxtaposition last night. Uh, in the Yankees because it was Friday and then Saturday, Friday Voice sits out, apparently healthy enough to play because he played on Saturday and there was no indication when they were asked. Is he sitting because he got hit in the hand? The Yankees said No. And sure enough, he played the next day. So there's a guy who took the day off. And a lot of players do. I often wonder these days? Whether a player especially like a first baseman, why would you want to sit out? What do you get out of it? You're still there. You're still in the room. It's like it's like saying to me. Hey, Chris. You can have the rest of this show off. But you've got to keep your head set on. And you've got to stay in the room where you're working from. Why would I want to do that? I'd much rather work and I would think that these Baseball players would feel the same way. So it's sort of a head scratcher to me that so many players Get the day off and are happy to take it. Because it's not really It's not a day off like you go to the beach or you, you know you go Do something fun with your family. You're in the dugout wearing a uniform. What's the off they do for you? Don't you know I don't get it in in many circumstances. I know there's fatigue and there's times. But these days, it doesn't seem to matter. There doesn't need to be a reason. Uh, these days. And then you know the next night, right the next night. Erik Cole goes out there. And he's done his job. He's pitched seven innings. He wants the ball in the eighth. He wants the ball the ninth and after giving up a leadoff single in the ninth at one, Nothing game. He basically refused to come out. You know it was going to be held to pay for Aaron Boone and the Yankees if they forced him out of that game. So in back to back nights. You've got a guy saying, Oh, you're gonna give me an off night. Thanks. The next night. You've got a guy Don't take me out of this game. Don't whatever you do. Don't take me out of this game. I'm not leaving this game. I'm getting this done. So you get the competitive Gung ho athlete one night and you've got a team attitude of Oh, you know, he's our hottest hitter, but we thought he needed a night off. Hard for the fans to buy into that stuff. It just is just hard for the fans to buy into that stuff. Doesn't seem Right? You know, it just doesn't Let me talk a little bit about what happened last night. It happened quickly, and that is, of course. Yeah. Connor McGregor and all that happened there. Uh, as Dustin Poirier wins the Match of the T K O early on and You know does so In a way. That already. Dana White is saying. Rematch with Boyd is possible when McGregor is healed. He suffered a horrible leg injury and, uh In the fight and That was that if you saw it, or you heard about it, you know by now, no reason to really get into it. Um White was quoted as saying. It sucks. It's brutal and it's not the way you want to see fights. End point They will fight for the title, and when Connor is healed and ready to go, we'll do the rematch. And, uh, that ties me into Disney. Plus, you can get the Disney bundle. Just 13 99 a month Includes Lulu ad Supported Plan Terms apply. See the Disney bundle dot com..
The Bernard D'sa Talk Show
"mckeon" Discussed on The Bernard D'sa Talk Show
"I guess almost four thanks to our action. Wakeham hard credit for having me on your show. Thank you sort of other first thing. I wanted to ask from you. Like i've had senior profile. And all the things that you have been doing bring the society. I want to know from you. What made you choose training training or counseling or coaching. These young women. What made you chooses when my father visited. I prefer subtle physics. I never into who thing. He taught me or listening to this tennessee. My mother was publicly chevy for matic. The reigning knows in my leg. I was listening in cdi bam. That's ron sneak and all this with argon night when the automated them from anyone on this car a couple of employees and said that he wants to build the garnered grain not sanctis will join. Please raining Got fair buy from may hit a snag dot creating The greening programs on line wavering scuds are bidding war. Smythe bug would grew misstep one. That's only said that they'd be shy up romney's from you that you've been spread learning from my heating rounder. Worry i'm dating this night. I wasn't the question. How way back and i go back and said i have. I think aside leadership But uh so. I sat down and created cleaning mckeon. I a lot from my matic that had ended in divorce in december. two thousand twelve. Then i lost my job to acquisition. I bought video. Learning of read die of relation goes in usa to governor. Maddox might send. I also attended who they were shopping. Village to yvonne non craning on happy. And i'd mortis matic nudist. Renting will become release alright fight. I also know that back from you. Being the chew on seoul do lovely been days all invaders role that could gifts. I never who i need creating gorging on how days. I have been growing team last week and i was a student of my i. I also see that. You're trying to bring a change in the society. By the way you don't women audrey did. What does your viewpoint on. How do you think you could bring change by end following the remained by educating then you knew aggregate demand will just educate a man but when you a woman who is a generation right. That's that's something very interesting. Because i remember talking to be our leaders one thing. What they said was something similar. You yet been educated. She is injured going to do the same for ten other mad because has She understands the pain. That's what one woman would not like the adult to be paying the same stuff things what she has done. That very wonderful thought that you're trying. Can i ask one thing who inspires you. Do you have any role models you look up the any itis will give you connect to it as long or who bill log. Mix snuck life and to believe Brian south vishnu Knock and buggy. Fat inspires me a knock as make my living enough right. Could end up. I just want to ask you one. They get someone was listening to you. And on the podcast. What guidance would be like what guidance with electric shaver. My mother used to shed or seeing a poem promenade baha. Who were things he will need and he he'd boom he. So i learned a lot of fishing and cottage from my own. Mother and i was working. My father had an accident. Mine one yet. Big to candle as he whiskey habibie and after the back won his heat so minor that inspired me and not lead part. Moving forward is missing. I get from my mother place moving forward. That's something really is fighting. Because i when i first radio Talking to you. I get a very positive wipes that you'll have seen a lot of struggles in your life. You'll see pain suffering and the lessons learned from your mom. Your parents and your teachers igloos. You have used. These has a as a way of life thing all your aging award bbc. Today you are and the way that you bring the change in the society. The nice nice talking to you and be our listeners. If you have any as you can drop me. A text or to me is undermined would be very happy to all your grades each that. Alright thank you so much for taking a good time and being on the show thank you so much for bribery. You thank you thank you..
Newsradio 600 KOGO
"mckeon" Discussed on Newsradio 600 KOGO
"And serve more customers since the county moved into a less restrictive covert tear or to go this month. Along, of course, with the being an early Cinco to buy a weekend, but there is now increase security in the gas lamp because of the deadly shooting there more than a week ago. Police have added more patrols in the Gaslamp Quarter after that shooting that left one man dead and four others wounded. And this past week, some private citizens were being praised for their role as heroes could was. Phil Farrar has more on that. Police say witnesses told them they heard gunfire in the streets as a suspect shot and killed. A man who was working as a valet at the Pendry Hotel, walked up a block opened fire on four others after that's the suspect kept on walking. Two men decided to chase the suspected shooter and stop him before he could pull the trigger again, Matthew McKeon told NBC San Diego. He followed that suspect There's no police Following him. There's nobody to Would be able to tell who he is from anybody else in the gas lamp on a Thursday night, Mickey and says he saw another man head towards the suspect. The two made eye contact that man, Justin Larrabee says This is what they did tackled. We had him for about a minute or so. And then the cops came that suspected gunman Travis Sarah, stop. We're also hearing reports to former Israeli soldiers in town. Visiting saved a wounded man's life after those shootings by giving him first aid Phil Farrar, Kogo news. We also talked this week with the executive director of the Gaslamp Quarter Association. Cold tremble and asked him about the safety and security in the gas lamp. The gas them quarters really, never been safer than today. You know, coming out of the pandemic, where merchants were Very cognizant of safety for customers and employees. So you know, coming off this horrible, horrible tragedy where You know? Ah, young man lost his life. You know, our merchants are really just ready to, you know, serve the public. It is safe as I can, and just be on the lookout for any kind of danger. So really businesses open in the Gaslamp Quarter. It's safe and we encourage people to come down and enjoy. So from what you've heard from restaurant bar owners are customers talking about what happened. Or has there been a noticeable impact? Well, yeah, well, you know, obviously everyone's talking about it, You know, but we want Make sure people can talk to the right people if there are having problems, so we work with the district attorney's office to let anyone know that they could call the victim witness insistent program if they're having a challenges our need to speak to someone. So so my merchants know that we've put that out on social media. You know, we really want people to know that It's okay toe, you know, feel distressed about it, but talking about it will make it feel much better. Are we going to see increased patrols? And you think that's going to make people feel safer? Absolutely. You know, I worked very closely with Having a police department and our city leaders to really make sure that we do have the right level of security in the gas and quarter and especially after a tragic incident like we had last week, so Really what we're gonna be seeing is, you know support for our bike team down on the gas and quarter with additional patrols through central and I get notifications on Anything that might be happening in the gas them court, which then I will send to my merchants, the attacks, email or phone call, So everyone really is on the same page and the gas land because we worked very hard to make sure Information is spread quickly and efficiently. All right, And, you know, I mean, the gas lamp is opening up. We are starting to see an opening up all over San Diego. How is the recovery in general looked for for you guys. As as we start to see more and more restaurants and bars open what we really think of great recovery Right now. We are seeing a lot more business coming to the Gaslamp Quarter. You know, with our curbside dining program, which is the outdoor dining that we have on fifth Avenue from from Elstree. All the waiting at strictly so the restaurant's now have more space to serve the public and more room to spread out. So you know we're 50% inside. And we have, you know, 100% dining outdoors. People built these beautiful park. Let's You know, it's springtime and in San Diego, and so the gas them quarter is really the place where people come to congregate and be together and, you know, share meals and share good times and Like I left the office on on Friday, and the place was bustling. You know, we had our private security in place is well, so really, it's what place of really people can really into come and enjoy themselves. That's Michael Trimble's executive director of the Gaslamp Quarter Association, and Sandy Diego. I'm club Albert Kogo news. I am God's lemon for.
Newsradio 600 KOGO
"mckeon" Discussed on Newsradio 600 KOGO
"Albert. The guest left quarter in downtown San Diego is expected to be busy this weekend, with more bars and restaurants now able to open up more space and serve more customers since the county moved into a less restrictive cove it tear or to go this month. Along, of course, with the being an early Cinco to buy a weekend, but there is now increase security in the gas plant because of the deadly shooting there more than a week ago. Police have added more patrols in the Gaslamp Quarter after that shooting that left one man dead and four others wounded. In this past week, some private citizens were being praised for their role as heroes could was. Phil Farrar has more on that. Police say witnesses told him they heard gunfire in the streets as a suspect shot and killed. A man who was working as a valet at the Pendry Hotel, walked up a block opened fire on four others after that's the suspect kept on walking. Two men decided to chase the suspected shooter and stop him before he could pull the trigger again, Matthew McKeon told NBC San Diego. He followed that suspect There's no police Following him. There's nobody to Would be able to tell who he is from anybody else on the gas lamp on a Thursday night, Mickey and says he saw another man head towards the suspect. The two made eye contact that man, Justin Larrabee says This is what they did tackle them. We had him for about a minute or so. And then the cops came that suspected gunman Travis Sarah, stop. We're also hearing reports to former Israeli soldiers in town. Visiting saved a wounded man's life after those shootings by giving him first aid Phil Farrar, Kogo news. We also talked this week with the executive director of the Gaslamp Quarter Association. Legal trouble and asked him about the safety and security in the gas lamp. The gas and quarter is really never been safer than today, you know, coming out of the pandemic, where merchants were Very cognizant of safety for customers and employees. So you know, coming off this horrible, horrible tragedy where You know? Ah, young man lost his life. You know, our merchants are really just ready to, you know, serve the public. It's safe as I can, and just young look out for any kind of danger. So really businesses open in the Gaslamp Quarter. It's safe and we encourage people to come down and enjoy it. So from what you've heard from restaurant and bar owners are customers talking about what happened, Or has there been a noticeable impact? Well, yeah, well, you know, obviously everyone's talking about it, You know, but we want Make sure people can talk to the right people if there are having problems, so we work with the district attorney's office to let anyone know that they could call the victim witness existing program if they're having a challenges our need to speak to someone. So so my merchants know that we, um Put that out on social media. You know, we really want people to know that it's okay to, you know, feel distressed about it, but talking about it will make it feel much better. Are we going to see increased patrols? And and do you think that's going to make people feel safer? Absolutely. You know, I worked very closely with And the police Department and our city leaders to really make sure that we do have the right level of security in the Gaslamp quarter, and especially after a tragic incident like we had last week, so Really what we're going to be seeing is, you know support for our by team down on the gas and quarter with additional patrols through central and I get notifications on Anything that might be happening in the gas them court, which then I will send to my merchants, the attacks, email or phone call, So everyone really is on the same page and the gas lamp because we work very hard, and they sure Information has spread quickly and efficiently. All right, And, you know, I mean, the gas lamp is opening up. We are starting to see an opening up all over San Diego. How is the recovery in general looked for for you guys. As as we start to see more and more restaurants and bars open what we really think of great recovery Right now. We are seeing a lot more business coming to the Gaslamp Quarter. You know, with our curbside dining program, which is the outdoor dining that we have on Fifth Avenue from from Elstree all the way to extricate so the restaurant's now have more space to serve the public. And more room to spread out. So you know we're 50% inside and we have, you know, 100% dining outdoors. People built. These beautiful park lets you know it's springtime in in San Diego, and so the gas them quarter is really the place where people come to congregate and Together and, you know, share meals and share good times. And I like I left the office on on Friday and the place was bustling. You know, we had our private security in place as well. So really, it's what place of really people can really into come and enjoy themselves. That's Michael Triple the executive director of the Gaslamp Quarter Association and San Diego and I'm club Albert Kogo News. This report is sponsored by indeed dot com There is a major injury accident.
The Odd Couple with Chris Broussard & Rob Parker
Tony La Russa Named As Chicago White Sox Manager, Returning After 34 Years
"We hear the news well, that news being that the Chicago White Sox have hired Tony Larussa. As their new manager seventy, six year old Tony Larussa, he becomes the oldest manager in the majors by five years. And he's only the second major in Major League baseball history to take over a team as seventy, five years or older. Jack mckeon be and the other one he was eighty rounds. At, which is just that sounds crazy. I mean I guess he was in great shape but he was eighty two over tomorrow marlins they went forty and fifty. and His old job because out there was an old joke about I'm not going to give you the punch line foot. There's an old joke about his nickname was trader Jack Right Jack McKee. At he was eighty years old at the old joke was like he's so old that. Guess what they were trading back. There wasn't ball players like how long he's half. I know where you were going with.
Rosie on the House
Surge in virus hospitalizations strains Houston hospitals
"Deal with a surgeon Corona virus cases just in the Houston area. The number of patients and eating an I C U bed has risen every day for the past week. McKeon is the CEO of the Texas Medical Center in Houston. We used to be known as one of the states that had it completely under control, and now we're in the top two or three states that are looking at this massive surge, he says. Even when beds are available, there is not enough staff to take care of the patients lying in them. Meanwhile, a
Tolbert, Krueger and Brooks
McGinn’s NFL Draft Series: Scouts on top quarterbacks
"Bob McKeon who it writes for the athletic talks to a lot of gaps and I'm not sure where he's based but here's one scout said I just don't see borough as the guy they bring in the new offense everything changed he's got all those great receivers around him to nine inch hands soft body build this is what the scout said offering up this about borough he talked up but Burris leadership in moxie and quote magical ability to process quickly but they're you know they're people that feel that there's bust potential Joe burrow
WBZ Afternoon News
Body of Gideon McKean, great-grandson of RFK, found after 5 days
"Really sad news says the forty seven now recovered the body of eight year old Gideon the key in the great grandson of Robert F. Kennedy Getty and his mother Maeve Kennedy Townsend McKeon what went missing last Thursday after a canoeing accident the body of the eight year old found this afternoon just two days after the body of his mother was pulled from
The Big Story
Gender Inequality and Women in the Workplace
"Take a look around you on any given day and it won't take long to notice. Women don't have equal rights but there's one place where we find some of the more shocking examples that's at work statistics candidates with its latest numbers on the gender wage gap college and university graduates. Who are men earned more on average than their female counterparts worth eighty two percent of Canadian women viewed as over bearing if they had a strong opinion at work but on the flip side to that it's eighty seven percent felt men who expressed strong opinions at work are viewed as leaders and confident woman. Now hold twenty. Four percent of senior management positions globally. Those numbers are important because workplace. Equality is what's generally used to measure women's progress and the progress we've made can't be ignored but women still don't earn or own as much as their male counterparts and those positions at the very top of the power structure. Women rarely occupied them even when they do. The same challenges persist this is despite messages of empowerment being touted globally despite women being encouraged to have more confidence and to own their own careers. So what's stopping us from getting to the top and staying there? And how do we change it? I'm Stephanie Phillips in for Jordan Heath Rawlings. This is the big story. Laurent mckeon is the author of no more nice girls a book about gender and power. An excerpt from her book recently appeared in the Walrus island so when we look at statistics of women in power in positions of power in Canada however we represented at the top Not Very well in fact in a lot of industries and spheres of public life We're not really represented at all and I think what makes it. Even more depressing is that you can see the disparity between representations sort of at the middle bottom where women are represented and then when we get to the top you know and they're not so for example thirty eight percent of all. Mba Students in Canada are women which is not parody but is okay but then when you look at Executive positions in Canada fewer than ten percent of women occupy those positions. So we start to see the disparity when we look at government has vote. We are represented among half of the voting population But then you get to the level of MP's for example we see that the number hovers around like twenty five thirty percent of most years and we look historically and only eleven percent of premiers in Canada. Have been women so you know it just once you get to the top. It's like where are we? We're not really there at all. So eleven percent. How many premieres is that actually? Eleven Eleven Hodel not even present so eleven total and the I was not elected until nineteen ninety one and one hundred and fifty years. Yeah those are kind of depressing numbers. So what happens when women do get to the top? Yeah I think we believe that wants women get to the top. You know. We're at the top and we will have the you know the power that we fought for for the C. O. You know we will run the company. People will listen to us. We'll stop having to deal with maybe all the B. S. that we dealt with When we were working our way up but that's not true. We have this idea of a glass ceiling and you know we shut her through it and then we are on the other side but we're not thinking about all the broken glass but still there once we shatter and in fact the stats. Here are pretty depressing. As well. We know that once women occupy the C. Suite their pickup actually widens to sixty eight cents For every dollar a man earns from I believe seventy eight or seventy nine so it. It dips earlier and on top of that. We also know that women like women. Ceo's are significantly more likely to be fired forty five percent more likely to be fired even when they're doing well like especially when they're doing well because it's like oh like well now's the time to get the white dude back in here like you know. Now we can You know really. Innovate and exciting. Again women are also far more likely to get hired when a company is in crisis. So it's forty percent of women are hired when a company is crisis versus twenty percent of men and we could say. Well that's great. That's because we trust women when companies in crisis but is actually a research shows that is actually because it's easier to blame women when things don't turn around and it's easier to replace them when they do so. There's this white savior effect where women people of color are often replaced by the white savior. Who Comes in and saves the company from you know the disaster that they put it in and it's all just smoke and mirrors to kind of maintain the power balances that were used to. Can you talk about more of the double standard between women and men when they're in the are in positions of power? Yeah a lot of women that I spoke to and and the research but you know women that spoke to feel that. They're kind of in the situation where they can't win. And it's sort of this double expectation Particularly when your power and the idea that you're supposed to be nice but not too nice and you're supposed to be you know a boss but not bossie or else you might get called another be word that is not as flattering You know they're supposed to be attractive but not too sexual authoritative but not mean and it kind of just swings back and forth until you're like well. What am I supposed to be like? You know I'm you can't win and you're left to follow this very narrow tightrope that is incredibly easy to fall off of. Yeah it's I think you described it as superhuman almost in your writing right yeah. It's the standards set like no one can live up to that. And you know we've found that when you inevitably don't live up to this impossible standard your judge so much more harshly Then men are in a working environment so I wanted to talk about the pedestrian bridge that collapsed at Florida International University. Can you can you tell me about a bit about that story? Yeah so it was a real story. Yes which and why emphasize that will become important in. Just a few seconds so in twenty eighteen other bridge collapsed and six people died and out of that real horrible incident Sort of this myth grew online until people believed it and it was the mid that an all women engineering team built the bridge and people created fake news actual fake news that spread and they cribbed all of these photos from the actual company that was responsible but from their international women's Day posts so they just pretended and made all these fake sites and links so that it looked like only women worked out the company. Wow and then a lot of people would say like well. That's what happens when you hire female engineers. No wonder they aren't in stem and it wasn't just on the Internet. I would hear this story repeated to me more than a year later or just regular people be like. That's not true. It's not what happened but it shows. I think the power of the kind of societal Gulab. That women are not competent in certain fields in particular he feels that are historically male dominated. I mean this is not the only time women have been blamed for something. That isn't their fault wire. Wire women the scapegoat when things go wrong. You know. I think that were just kind of we're primed for it in a lot of ways like as a society were primed to blame women. We blame mothers when kids do something bad and we you know wives when husbands. Do something bad you know. It's always the story of like well. What did she do to make him do that? You know that kind of a narrative that has persisted in politics and pop culture. You know we look back at history and literature. We're just so predisposed to do it when someone nudges us there we go the whole way. And then how does that play out for women? Who are in positions of power. What does that look like at the top were often really adverse to the idea of women in power and you know for a lot of people that I spoke to who you know started thinking about this or maybe changed the way. They approached power and leadership for them. A big moment in history was Hillary Clinton's loss and the polls expected that she was going to come out ahead. You know everyone thought it would be okay. Even though is seeing the herring that she took in the press and sort of the the hate that was happening on social media and and then you know she just became like this ultimate person. Who CAN'T DO ANYTHING RIGHT? You know. It was criticized when she got emotional. She was criticized when she was powerful. Choose was criticized for what she was wearing issues to five hundred masculine and she wasn't perfect of course but she became This symbol for everything like we don't like about women in power and when they get to the top they topple you know they become such a target That people just work very hard to take them down right. So can you explain the he skilled? She's lucky phenomenon. Yeah there's this phenomenon that researchers I've done what you just said that he's skilled. She's lucky and is this tendency that we have to would may look at men and women empower you know and whether that's in a very public position or maybe just like in in our own small company were man's promoted or women has been promoted and we tend to fall back into these very stereotypical traditional narratives. Which are like well. He got there because he's so good at this one account or he really killed this project and of course he deserves to be there and if it's a woman we say well she's lucky is probably because she's attractive or you know she was really nice to the boss or like and it. Kinda just goes from there. But it's not just other people that follow this narrative women fall into this narrative. Allot to you'll hear and that's part of how the term got coined because you'll hear a lot of women. Researchers have heard a lot of women that they interviewed like. Ceo's people in powerful positions when they're asked how they got there. Just had this like really lucky break. I was really lucky to be in the right place at the right time and you know kind of fell my way when I got really lucky with this one piece of success we ha- we buy into the narrative to in it. It perpetuates it. Gotcha I WANNA get more into that in a bid but I. I don't want to ignore the intersection of race and gender here so what happens to a woman of color who has the same qualifications as an a woman with a so called white name? Who's applying for the same job right? Power is so layered and our perceptions of power and who deserves to be empower and who's skilled and not lucky really becomes more complicated
Colleen and Bradley
The Facts of Life Cast Reunites for Lifetime's Holiday Special You Light Up My Christmas
"News lifetime reunites facts of life stars for how they move feels I would like to think listener and friend needs for alerting me to this immediately the facts of life stars Kim fields Mindy Cohn Lisa Whelchel N. Nancy McKeon are reuniting for a light up my Christmas hearing December first on the lifetime channel I can't now that Lisa Whelchel didn't tell us about this when we hung out with each how dare she will send a tersely worded tweet to her later but in the meantime let me tell you about this because according to people which exclusively announced the noon Kim fields is gonna be the executive producer now this is not the facts of life okay this is a movie with the stars the facts of life but not in the characters that they played on the facts of life exactly so these are some of us are really based on a true story in the RAF okay go ahead based on a true story the movie tells the story of Emma Kim fields a woman who helps remind her home town about the importance of embracing the holidays here at this time now is a bunch of stuff we don't care about okay I don't know what this movie is going to be about but they're all going to be in the movie and I couldn't be happier I said to my friend name I wonder if they're gonna do like a C. GI Charlotte rae because you know Mrs Kerry no longer with us even better okay they are literally going to rename here in a name and a skating rink in the town Charlotte Rainey's reacts queue so in the movie will be a nice all hat tip to shore okay I like that that's better than the CG I Charlotte rae because of the little weird right yeah no word on if George Clooney is going to be in it these are gonna be let in there that's the word anyway I don't really know what about now and while I would love them to do an actual facts of life you know actually are you in I'm fine with this because I don't care and I'm gonna see them all in the same place and Mindy Cohn I have not seen on the big or little screen for a thousand years so this is what I like about this I I I I I mean I don't know jury still out however this is what I appreciate about this structure of a reboot is that it's not like they're trying to shoehorn their old characters into a new story here in a way to be some like yeah it just gives them the opportunity to all work together again and gives us sort of did it scratches that nostalgic itch for us but it'll be I'll be curious to see how it's received and and if it's any good because I think this could be again a way that other shows kind of get around that reboot thing yeah without
Bloomberg Daybreak
Big Day For The Fed And It’s Policy Decisions
"Nathan Karen it's a big day for the fed with a policy decision and more repo operations on the schedule we begin with a look at today's rate decision with Michael McKeon R. Bloomberg ninety nine one Washington newsroom it's not so much what they do as what they plan to do next a twenty five basis point rate cut is baked into the decision but is that the last of eight mid cycle correction as chairman Jay Powell put it in July or do trade in geo political uncertainty mean more cuts are likely it's a communication challenge for Powell get it wrong and yields and the dollar may rise offsetting the fed's easy one more issue does the fed need to change its balance sheet strategy given the backup in repo rates this week in Washington Michael the key Bloomberg
Big Boy's Neighborhood
Drake Says Ending Beef With Meek Mill Gave Him 'Peace of Mind'
"Would it be like all right as much as we love a good rapid beef. We also love when people can, you know, very the hatchet and just move on. And that is exactly why. Recently happened to I was waiting on the meek mill I told the world that the beef between him and Drake was officially over. But now it's like official official. That's because Drake brought out meek during the Aubrey end the three amigos tour in Boston and surprise the crowd bringing me. Don't. I believe that. I was like, wait. What's going on? And you know what day? So was Drake you posted up a photo of onstage and wrote this really gave me peace of mind, tonight healing and moving forward created one of the most electric and gratifying moments of my career at McNeil. I'm happy that you are home. And that we could find our way back to our joint dope. This shows that anything. Have their moments. They are going to get mad at other people. But it, but you can also move past in as well, so really really dealt to see
The Complete Computing Show
How Suicide Quietly Morphed Into a Public Health Crisis
"Good morning i'm connie joe with the latest from newsradio one or two point nine k a r n a pregnant woman visiting oregon was staying in bitten at the treadmill cal angela miller injector herself with some meth and then went into labor fox exceeds price mckeon tells what happened next police say the baby who was approximately twenty four weeks gestation survive the birth but died shortly afterwards at the hospital now miller is charged with introducing a controlled substance into the body of another her baby and second degree murder after the newborn died a child killed in a drag racing incident now a dad mourns the loss of his twelve year old daughter anaya dill worth who was killed in that car crash and the driver michael scales her father admits to reckless driving with her in the car on their way to mcdonalds fox sixteen notes her dad at another driver decided to drag race in north little rock speeding sidebyside down riverfront drive last wednesday when the vehicles allied and spun out of control the shocking deaths by suicide of the famed fashion designer and a celebrity chef turned tv host this past week have people talk in the number of suicides has risen twenty five percent across the us and at arkansas the suicide rate has jumped thirty six percent the arkansas department of health says a suicide has become a public health crisis and the cdc notes that both celebrity deaths last week kate spade and anthony bourdain were by hanging over seven thousand without power yesterday afternoon after severe storms passed through friday in garland county first responders spent.
The Cigar Dave Show
Johnny Manziel signs with CFL's Hamilton Tiger-Cats in comeback
"Sports could pick up your spirits a little bit and that's what j j watt has done he i did it would be terrible hurricane the happened in houston with all the money that he raised and now he's doing it here with the victims of the terrible santa fe texas school shooting he's going to pay for all ten of the funerals for those victims it's tough to talk about and that's why it's tough to get through this because you don't want to talk about it because you hope that these people would still be living in their lives were just innocently robbed and it's absolutely terrible and it's another senseless act of violence that have changed in our country but i give a lot of credit to jj watt for doing something that he's been doing his entire career and that's just being a good guy i know he's a great football player but he's a better human being and i want to recognize jj watt and give him a stock up we will now get to mr ben horowitz go ahead ben thank you my first stock up is going to go to johnny football johnny manziel announced earlier yesterday that he was going to take his talents to canada johnny canada perhaps to the cfl and the hamilton tiger cats and i think this is the perfect move for it's a low pressure situation it gives them an ability to rehab is image rehab is gain and give him an opportunity to get back to the nfl he's gonna light up that league because let's face it the competition isn't there any lit up d one college football johnny football as a result of this will be back in the nfl not necessarily starting but we'll be back in the nfl and three years give me a huge stock up to johnny football i don't think you'll ever make another fifty three man roster in the league but hey we agree to disagree go ahead look at the type of backup sitter in the league go ahead stocked up number two we already had this position stock of number two is i brian jack mckeon stock up number two goes to the us supreme court who finally ruled after the state of new jersey fought numerous times through.