13 Burst results for "Van Wick"
Bloomberg Radio New York
"van wick" Discussed on Bloomberg Radio New York
"Chip technology can achieve. The Bloomberg Technology podcast every weekday. Subscribe today on Apple podcasts, Spotify or at Bloomberg .com. Markets, headlines and breaking news 24 hours a day at Bloomberg .com. On Bloomberg Television and the Bloomberg Business app. This It's 1240 on Wall Street. We do check markets all day long here on Bloomberg and we are looking at a mixed market right now with the Dow Jones Industrial Average lower by 39 points. The S &P and NASDAQ they are both advancing but we begin with the NASDAQ 100 index up 90 points right now now a gain of six tenths of one percent. The NASDAQ composite index up 69 points up five tenths of one percent. S &P higher little change now up four points up by less than one tenth of one percent. Again the down Dow lower by one tenth of one percent down 38 points. Tenure yield 3 .79 percent with a to year 4 .78 % gold down $15 a ounce to 1917 the drop of of eight tenths of one percent and West Texas Intermediate crude oil now down 4 .4 percent sixty nine thirty one a barrel. Treasury yields climbed as Fed Chair Jay Powell reinforced the recent message percent. The NASDAQ 100 index up 69 points up five increases. The index of leading economic indicators a gauge of the US outlook continues to fall. All the conference board's index has been declining since April of 2022. Dana Peterson is the percent. She is chief economist and she was interviewed right here on Bloomberg Markets. Absolutely so the leading economic Click Indicator fell again for I think the 14th consecutive month and the This weakness is definitely in expectations from the ISM in terms of manufacturing and also from consumers percent and then the yield curve continued to be negative and also the leading credit credit indicator was negative. So that's all telling us that there's still some weakness out there. There's still percent. And you can hear more of that percent. Thanks for watching. Markets podcast you can download it wherever you get your podcast. Boeing's biggest supplier Spirit Aero Systems Holdings suspended production after union workers voted to strike again recapping stocks are mixed of the Dow lower S &P higher by five up by one tenth of one percent. I'm Charlie Pellett and that is a Bloomberg Business Flash. Charlie Pellett, thank you much. so We appreciate that. Jess Mendt and Paul Sweeney here in the Bloomberg Interactive Broker Studio. You know Jess, earlier this month I was at the BNY Mellon's Insight Conference down in Orlando. That's right. And they bring a lot of financial advisors there and a lot of financial advisors were saying their clients want more access and more exposure I guess to alternative investments and you know they were talking about private equity you know private debt digital hedge funds all that kind of stuff so interesting really to me that it's not just an institutional product but a lot of retail folks want to get access to it as well so our next guest is very timely claire van wick allen managing director and head of canada for aima and aima is a global association for hedge funds private credit and digital assets claire thanks so for much joining us here alternative investments here give us a lay of the land about how the flow of funds have been into just you know alternatives uh just generally speaking over the last several thank you so much for having me and as you noted aim is a global association representing primarily the hedge fund private credit and now digital asset industries uh though uh alternative investments across the board are expected to nearly double in aum by 27 with 23 trillion expected to be allocated across all alternative asset assets um and in your opening remarks you noted the interest from retail um that's certainly a trend that has persisted here in canada where we've always had a very robust wealth management channel interested in alternatives but that has only heightened uh over the last couple of years and we've seen increased flows across particularly private market investments private equity in particular private credit to name a second infrastructure and real estate following uh off the back of that but also on the hedge fund side there's a lot of demand given how choppy markets have been uh and last year hedge funds in particular really proved their worth to help provide downside protection in a volatile market what do you think the catalyst was for retail investors to want these alternative investments at least for the canadian space we've a very got strong high net worth and ultra high net worth representation within canadian wealth management and i think that type of clientele certainly is looking to preserve wealth and grow it over time and so i think that's a factor where alternative investments can can again provide downside protection non -correlated returns and smooth the turn profile of a portfolio but also gives these high net worth and ultra high net worth individuals access to very niche opportunities which i do think are very exciting the other driver though of course has been at least in the canadian context the advent of liquid alts where we've seen the hedge fund structure now be able to be offered in a more liquid format similar to what you have in the u s uh... with alternative forty act funds claire to us about talk the uh... the private credit business it's been an area that's attracted a tremendous amount of capital over the last decade i would say i mean most people know about private equity but less so about private credit what you seeing in terms of that part of the market uh... we're hearing across the board and that uh... a lot of institutions are planning to double in some cases private credit the latest stats from prequent show that thirty percent of institutions are allocating to private credit with an average allocation of six point two percent and a lot of uh... the drive behind this increase of interest in private credit is that we've seen that bank retrenchment obviously made only worse by regulation but also situations like the collapse of SVB and then of course following on with first republic and there's a lot of concern and generally that there may be other issues with regional banks in the US and obviously capital provided by private credit lenders are key funding mechanisms from a cash perspective, funding M &A transactions and just general working capital. I interesting think an stat in private credit is many of the borrowers oftentimes are working with firms or organizations that they know really well with 40 % of loans being to repeat borrowers. Since we're almost halfway through this year, what do you think is in store for the hedge fund industry in the second half of 2023? We would expect it to grow. We're hearing from institutional allocators that again they are looking to grow their allocations and hedge funds given the current market conditions. Recent data from Prequin, 37 % of institutions are allocating to hedge funds with an average allocation of 12 .2 %. Some of the recent sub strategies within hedge funds that seem to be really of interest include multi -strategy, global macro, long short credit and distressed opportunities. And of course as we continue to see the markets march on and whether we hit a recession not, or there's certainly a lot more stress within some companies and so there is a lot of expectation that default rates will slowly rise and increase in bankruptcies and there may be more distressed opportunities both in the hedge fund and private credit its positions as frequently as it should we absolutely believe that they are marked at a reasonable rate again stability is an intentional feature of private equity and GPs in particular know their businesses really really well many GPs of course are engaging with third party valuation firms institutional indicators are demanding a lot of questions and providing oversight and on their side to potentially third party valuations of private equity holdings generally what we've heard across the board both at conferences and in our allocator only peer groups are that private equity valuations are generally fairly valued in this market though again slight concerns about you know as the market and potential recession may loom as something that they're watching really closely and they're slowing the pace of further commitments given that they're faced with the denominator effect already all right claire thanks so much for joining us really appreciate getting your thoughts there clan van wick allen managing director head of canada for a i m a a i m a is a global association for hedge funds private credit and digital assets uh... so we're looking so at these markets right here a pretty much unchanged for the s and p five hundred organ of more art Let's get some company news right now with Steve Rappaport. Paul, Amazon's cloud cloud unit is building a program to help customers develop and deploy new kinds of artificial intelligence products as the biggest seller of cloud services tries to match microsoft and
The Rich Eisen Show
"van wick" Discussed on The Rich Eisen Show
"Long story short, not to go full Californians on you here, but there is a split once you get down close to our establishment here on the campus of AT&T. Where you can continue on the four O 5 to go to the one O 5. Or you can get off the four O 5 and take streets underneath the one on 5. And I've been coming to this show commuting now for 8 plus years. And to this day, I still don't know which route is faster because the one O 5 freeway sometimes has traffic on it and going underneath it, it could be faster. And one O 5 in case people might not know, very famous in the movie speed, also about another female driver who is driving with reckless abandonment. In a large vehicle. So you take the huge turns correct. And it can be the van wick of California. 'cause it involves sometimes that's the one way you could take a freeway to the airport that's near here. And there's sometimes backup or whatever. So here I thought to myself, this is an amazing opportunity because we were now neck and neck. As she continued on the four O 5 to go, the one O 5. I'm like, you know what? I'm going to take the other way. I'm going to use this opportunity to actually find out which is faster knowing as I am going the speed limit underneath the one O 5 and stopping for red lights. And that's when you take the right side of the four or 5 that take that. TJ, I was thinking to myself, why is he letting me pass it? So I'm like, as I'm going and I'm going to do this properly, I'm going to not speed. I'm going to stop at red lights unlike other people. And I'm going to see which is faster. So sure enough, I pull into the garage, and I'm first. So pissed. It's awesome. Not only am I first, she's not even here yet. Which allows me now the opportunity to stand there and wait for her and have her drive up and not only see that she isn't here first, but to have me waiting for it. Totally waiting and just holding the door open. So annoying. Like the gentleman that I am. And I snapped a photograph of Susie's reaction in there. It is. There it is. What's up? How did you get here? There it is. That's it. How did you get here? I actually snapped another photo of that guy. You know, I love Susie and I will never want to go against her for anything. Go for it. As they said on Breaking Bad, you're about to break bad here. Into the parking structure, I kind of noticed her car. It was hard to miss. And the way she was parked. Let's just say she's pig parked. I'm gonna say that if her car gets towed, do we have a photograph of that? I wouldn't be surprised. I sit at the Hoskins earlier this morning. I think. But Mike knows where his blood and donuts are buttered. What photo he's like? I did, I texted to him this morning. Must have been a bad connection here. All I'm saying is this. I now know thanks to you, which is a faster route and I'm going to take that exercise. He was so smug. No, it wasn't. He sat there with the United States. I was happy to be here. Are you in time to do it? Let you win. I was so excited to pull in and stare you down. There you go. Oh, that was so upset. That's our latest commute story. That's amazing. You're welcome, TJ. I did bring a box, though, that had his name on it at the house. And I immediately put it in my car and brought it down. You loved Lala canton Vanderpump rules. Now get to know her on give them Lala. With her assistant Jess. What you did not see is when Raquel arrives and she wants to talk to me. I made her sit in a corner. Explain a corner booth all by herself in the dark. Waiting for to talk to you. Waiting for me to finish dancing to 50 cent. It's my birthday. Sit in the corner. Give them Lala, wherever you listen.
Bloomberg Radio New York
"van wick" Discussed on Bloomberg Radio New York
"Futures are higher this morning. It is 5 O one on Wall Street. I mean, check the markets every 15 minutes throughout the trading day on Bloomberg. Right now, S&P futures are up 40 points. Down futures of 261 in NASDAQ futures up 144, ten year treasury down 5 30 seconds to yield 4.03% yield on the two year 4.46% and nymex crude oil is down 6 tenths of a percent. Nathan. Carrying the rise in futures follows yesterday's powerful rally on Wall Street. The S&P 500 gained 2.7% while the tech heavy NASDAQ surged 3.4%. David deetz senior investment strategist at ppac private wealth says it was only a matter of time for a bounce. We don't know whether we've seen the bottom in this cyclical downturn. But we do know that the conditions are primed for better returns going forward. I mean, we start with the fact that we're down 25% year to date on the broad market. 35% on the NASDAQ. That alone should wet the appetite of all bargain hunters. David dietz a pre packed private wealth notes the S&P closed above a key technical support lovely yesterday. Still Nathan's stocks have further room to fall that's according to the latest fund manager survey from Bank of America. The respondents expect stocks to bottom in the first half of next year after the fed finally pivots away from hiking rates. Right now, according to the survey investors have 6.3% of their portfolios and cash, that's the highest level since April of 2001, 49% of participants are underweight equities. In Europe today, Karen, we're hearing from Liz truss, the UK prime minister says she's sorry for going too far too fast after her new Chancellor gutted most of her economic plan. We have made mistakes. I'm sorry for those mistakes. But I fixed the mistakes. I've appointed a new Chancellor. We have restored economic stability in fiscal discipline and what I now want to do is go on and deliver for the public. Prime minister Liz truss made the comments in an interview with the BBC. One other note this morning, the Financial Times is reporting the Bank of England will likely delay its planned sale of government bonds on October 31st, but the Bank of England is refuting that report. While back here in the U.S., Nathan, we wrap up earnings from the big banks today with Goldman Sachs reporting this morning. And here are the preview is Bloomberg's Jeff Bellinger. Goldman's revenue and profit were boosted by investment gains in the third quarter last year, Bloomberg intelligence expects to hear that the numbers were lower in the just ended quarter, which saw a slide in banking fees and a stock market performance that likely weighed on its asset management business. Investors will be interested in what executives have to say about the future, Bloomberg reported last month that Goldman was beginning the biggest round of job cuts since the start of the pandemic and just yesterday Wells Fargo analyst Mike Mayo said Goldman is planning a major reorganization. Jeff Bellinger, Bloomberg daybreak. Jeff, thanks, Goldman's earnings coming a day after Bank of America reported its highest quarterly net interest income in at least a decade. We caught up with CEO Brian moynihan, he says the U.S. consumer is still spending. The credit quality and a credit quality of Bank of America in our consumer books is very strong across the board. The payment delinquencies are much slower and they were pay pandemic, much lower than they were in any average 5 best year type period. And yes, they moved a little bit off the floor, but they're still much lower than they been. So consumers are spending. They have money, their employee. You can see the unemployment numbers and have good credit. Bank of America's CEO Brian moynihan made the comments in an interview with Bloomberg's David Westin. Stay tuned for more of that conversation coming up shortly on Bloomberg daybreak. Meantime, Nathan, we're seeing many companies try to diversify their leadership ranks, but that effort could be getting harder as women leave top tier jobs at higher rates than ever before. A report from McKinsey and lean in dot org finds that for every woman who gets promoted at the director level two women choose to leave, a lack of affordable child care is part of the reason. Also, a gender pay gap that had been narrowing before the pandemic is now stalling. Starting to Washington now, Karen, The White House is watching energy prices closely, and now we're told the Biden administration is making moves to ensure the price of gas doesn't go even higher. Amy Morris has details from our Bloomberg 99 one newsroom in Washington. Energy department officials have been quietly meeting this week with oil companies to let them know what to expect. Sources tell Bloomberg news officials are prepared to release up to 15 million barrels of oil from the nation's emergency stockpile to keep prices steady. We also expect to hear plans from the Biden administration this week about how to replenish that stockpile. Also, the administration is looking at limiting fuel exports to keep more gasoline and diesel inside the U.S., a more dramatic step that sources say would not happen before the midterms. In Washington, I'm Amy Morris Bloomberg daybreak. All right, Amy, thank you. And on the geopolitical stage this morning, China and Taiwan are in focus, the USS Beijing could move to seize Taiwan on a much faster timeline than previously thought Bloomberg's at Baxter has that story. Secretary of State Antony Blinken is responding to Xi Jinping's address to the People's Congress over the weekend, blinken says there's been a change in the approach over the past several years toward Taiwan, but says now China has made a fundamental decision that the state is quo is no longer acceptable and that Beijing is determined to pursue reunification on a much faster timeline. Having said that, blinken says there's eagerness to cooperate on share interest, given that she will be serving a third term. In San Francisco, I'm Ed Baxter Bloomberg daybreak. Thanks, Ed S&P futures now up 41 point style futures up 280. NASDAQ futures are higher by a 146 points, ten year treasury is down 6 30 seconds, yield 4.03%, and nymex crude is down 6 tenths percent at $84 94 cents a barrel. Straight ahead, your latest local headlines and a check of sports. This is Bloomberg. 5 O 7 on Wall Street 51° in Central Park on an accident on the way to JFK airport southbound van wick at liberty avenue, details coming up
Bloomberg Radio New York
"van wick" Discussed on Bloomberg Radio New York
"Still got problems getting to JFK airport eastbound Nassau expressways got an accident at the van wick. More coming up in traffic for Michael bark with what else is going on in New York and around the world, Michael. Thank you very much. Hurricane is gaining strength on a path toward Florida. It is threatening to become the worst storm to hit Tampa in over a century. The national hurricane center says Ian is now a category three storm, mandatory evacuations are in parts of Florida. State emergency management director Kevin Guthrie is in pinellas county. We do have telephone companies on standby ready to restore critical cellular service that powers loss. But in the meantime, Florida should be prepared to have a communications plan in place with their families. Bloomberg meteorologist rob Carolyn has the latest on Ian. Michael hurricane Ian made landfall over western Cuba earlier this morning's major hurricane with sustained winds of a 115 miles an hour, it will reemerge in the eastern Gulf of Mexico later this morning, and then re strengthen and work its way up towards the Tampa area, looks like it will be making landfall somewhere in pinellas county late Wednesday night or early Thursday morning. And the problem with the storm is it will be very strong at that time, it's also going to stall out and it looks like it is going to rake the Tampa area for maybe 24 to 36 hours with high winds heavy rain and storm surges. Michael, rob, thank you, sir. We're learning that a small tornado touchdown on Long Island last Sunday Night. The national weather service says an EF zero twister hit part of Suffolk county around 11 p.m.. They say the tornado had an estimated peak wind of 75 mph when it hit the town of Matata. No serious damage. 5 days after president Vladimir Putin announced a partial mobilization to call up hundreds of thousands of reservists to fight in Ukraine, the move
ACG - The Best Gaming Podcast
"van wick" Discussed on ACG - The Best Gaming Podcast
"At the personal level. Finally, this has been announced word broke today that three four three is restructuring some of their top leadership and that Bonnie Ross who's been the leader for that company and with MS four longer than 15 years is retiring from the business completely. Inner place, they're going to be splitting her prior duties to three other leads. I've had this video primed for a while as well as some of my thoughts on this switch and it's been sort of a long time coming, so here are some of the reasons why I think this is a good idea and some of the traps that Microsoft could still fall into. One thing I want to do is read Bonnie's going away Twitter that she did. She said, wow, I hope to stay with halo until we release the winter update. I'm letting you know I'm believing three four three and attending to a family medical issue. I'm incredibly proud of the work everyone at three four three industries has done with halo infinite, the Master Chief collection, the halo television series and so much more. It has been an honor to serve alongside the team for the last 15 years to be a part of the universe that I love. And she goes on to just congratulate everybody. I just want to point out that you can very clearly see in that writing that she was planning on leaving already and prior to the winter update. And the interior choice isn't exactly what happened. We'll probably never know it'll be a little bit like when Shane left PlayStation, but I just wanted to point that out that you can definitely tell in that language and that's certainly been something that's been rumored around behind the scenes. First thing is first, though, with Bonnie Ross leaving, splitting that up into three different people. We're going to look at how that's actually working. Peter hints. Brian koskey and Elizabeth van wick will take all of Bonnie's duties and split them and I think this is a tremendous idea and something three four three internally has really sort of been churning around for a while trying to figure out exactly how everything was going to come together and how to do this. This happens at other companies as well. When a business or an IP like this grows up so quickly that you end up giving a lot of duties to what you would consider to be a bottleneck and that ends up falling apart. Now this isn't the only issues with. First, let's remember Bonnie was handling the games. She was also helping out with the TV show, the media projects, and this is just too much for one person.
Bloomberg Radio New York
"van wick" Discussed on Bloomberg Radio New York
"To the van wick, more coming up in traffic first John Tucker with more on what's happening in New York and around the world, John. And Nathan's Secretary of State Anthony blinken has made an unannounced visit to Ukraine today. The trip is blinken's third since the start of Russia's invasion in February. It means I'm President Biden will hold a video call today with allies that talks will focus on the next steps to support Ukraine. The Pentagon has also said Ukraine its most accurate artillery shell, the GPS guided excalibur, according to budget documents. One of the last remaining government mandates of the pandemic has now been lifted. That's good more this morning, and this report from Bloomberg's Lisa Matteo. New York governor Kathy hochul has lifted the state's mask requirement for public transit. It comes after months of confusion among commuters by varying national state and local rules on where face coverings are required. The governor says COVID numbers are stable, putting the state in a good place now, effective immediately, masks will no longer be required for mass transit correctional facilities and shelters, mass mandates remain in effect at nursing homes, as well as other healthcare facilities regulated by the state. Mass compliance on New York City's subways buses and commuter trains had waned over the past few months. Lisa Matteo, Bloomberg, daybreak. Another mass shooting in Memphis, four people were killed, three others injured in a shooting spree that held the city hostage for hours last night. Police say 19 year old Ezekiel Kelly drove around randomly shooting people while live streaming on Facebook. He was taken into custody, court records show Kelly hit a previous first degree murder charge, but pleaded down to aggravated assault, serving just 11 months, Memphis mayor Jim Strickland was outraged and blamed at lenient judicial system. I'm tired of our police officers arresting the same people over and over and over and those people committing violent acts. The shooting comes the same week, Memphis police found the body of a missing teacher Eliza Fletcher. The second suspect wanted in the stemming rampage in Canada has died, miles Sanderson was taken into custody yesterday. Police say he went into medical distress shortly thereafter and died, miles and his brother Damian had been on the run in Saskatchewan since Sunday, accused of stabbing, killed ten people and left 19 others injured, Damien was found dead in a field near the stamping sites on Monday. Global news 24 hours a day on air and on Bloomberg quicktake, where powered by more than 2700 journalists and analysts in more than 120 countries, I'm John Tucker. This is Bloomberg, Nathan. John, thank you
Bloomberg Radio New York
"van wick" Discussed on Bloomberg Radio New York
"Other side. But I say to my fellow conservatives, it's time for politics to be over folks. It's time for us all to get behind Liz truss. Well, the UK's new leader Liz trusts will formally become prime minister after meeting the queen later today at her castle in Scotland. And a Bloomberg scoop on her first announcement, a massive package of support for household energy bills, which are expected to be three times higher than last winter. We understand the bill for the policy could come in at as much as $150 billion in London, I'm yum pot splinter daybreak. All right, you and thank you. Well, back here in the U.S., a major development in the Justice Department's investigation into classified documents at Donald Trump's Florida home. A federal judge has granted the former president's request for a third party known as a special master to review the records. Former assistant U.S. attorney Jeff Robbins says this means a significant delay for the DoJ's investigation. By appointing a special master who can take weeks, months, who knows how long to review all 11,000 or so items that were seized and make determinations on attorney client privilege and here's a surprising executive privilege. This is going to stop the Department of Justice in its tracks. Former federal prosecutor Jeff Robbins said that judge in the case, Eileen cannon was appointed by former president Trump in the final months of his administration. While we're waiting for a major test today, Karen for the energy grid in the country's most populous state power demand in California has hit a 5 year high with much of the state under an excessive heat warning. Now as businesses in schools reopen, that demand could reach an all time high. Alice Reynolds, as president of the California public utilities commission. We're entering the heart of this heat event and it is expected to last longer and reach higher temperatures than previously anticipated. California utilities president Dallas Reynolds says the state narrowly avoided rolling blackouts yesterday, temperatures could hit a 115° in some parts of the state today. Well, turning to the economy now, Nathan, the Federal Reserve's beige book takes center stage on this week's economic agenda, but get more from Bloomberg so Vinny del giudice. The fed's regional survey the beige book is set for Wednesday will help illustrate inflation's impact on American businesses. We know already wage growth moderated in August, evidence this sphere's fed rate hikes could be tampering inflation. Another report to keep an eye on is today's ISM service industry index in July at rose for the first time since March recovering from a two year low in June. Jobless claims data Thursday should signal a positive outlook. Bloomberg daybreak. All right Vinny, thank you, Wall Street, returns to a holiday shortened trading week and traders get back to their desks with questions about the economic outlook and what it means for corporate earnings. Bloomberg's Charlie pellet reports. September is historically a rocky month for U.S. equity markets over the past 25 years. The S&P 500 Index has seen average declines of 7 tenths of 1%. Concern that rising rates will hurt growth has been weighing on corporate earnings. Lisa Erickson is head of traditional investments at U.S. bank wealth management. We do think it's going to be key to see how earnings evolve in the second half of the year. Our base case is that we are going to see continued slowing growth, not necessarily a full on route. But again, there are risks to the earnings front. Among this week's earnings reports, the supermarket chain, Kroger, the in New York, Charlie pellet, Bloomberg daybreak. All right, Charlie, thank you. A deal to tell you about CVS Health has reached an agreement to buy home health and technology services provider signify health, the price tag about $8 billion. CBS emerged as a winning bidder over potential suitors at Bloomberg news previously reported had included UnitedHealth Group, option care health and Amazon. Shares of digital world acquisition are down 20% in early trading care and that's after Reuters said the blank check acquisition firm that plans to merge with former president Trump's social media group failed to secure enough shareholder support for a one year extension to complete the deal. And Nathan shares a Bed Bath & Beyond are down about 16%. This follows the apparent suicide of chief financial officer Gestapo arnall, who fell to his death from a New York City building on Friday. Our now was one of several parties, including Bed Bath & Beyond named in a civil class action securities fraud suit filed last month. In Europe today, Karen Lufthansa says it's preparing an improved offer to pilots threatening to stage a two day strike starting at midnight, fresh strikes would add to the about 8000 flights left Hans has already canceled during the lucrative summer travel season. And futures this morning on the rise, S&P futures have 24 points, Dow futures have a 184 NASDAQ futures at 87, the ten year treasury down 1430 seconds. He had 3.24% that yield on the two year 3.45%. Hence, straight ahead, your latest local headlines plus a check of sports and this is Bloomberg. Thanks Karen 6 O 7 on Wall Street rain and 73° in Central Park. The eastbound LIE is closed at the van wick. We'll tell you why in traffic shortly first Michael Barr with what else is going on in New York and around the world. Good morning, Michael. Good morning, Nathan, New York's MTA, is taking precautions for flooding from heavy rain. The New York City office of emergency management issued a traveler bias read through today due to the weather. The MTA has been sending crews to clear drains and prepare equipment for any flooding. School children will have to Dodge raindrops as classes begin
Bloomberg Radio New York
"van wick" Discussed on Bloomberg Radio New York
"Karen, thank you it is 6 O 7 on Wall Street. Now we're at 75° in Central Park. Getting heavy on the westbound LIE from the van wick through woodhaven boulevard details coming up in traffic first Michael Barr with what else is going on in New York and around the world. Good morning, Michael. Good morning, Nathan, New York City will give pregnant women more support and expanded access to resources. It's an effort to address health disparities. New York City mayor Eric Adams says that he is signing 7 bills into law making pregnancy safer, and bridge the gap for maternal healthcare for black women. In the numbers are clear, black women are 9 times more likely to die of pregnancy related causes than white women in New York City. That is in alarming, unacceptable number. Mayor Adams says the bills will do several things, including establish a maternal Bill of rights and for women to be free from discrimination. A teen lost in arm after an impact in the New York City subway, the 15 year old's arm was severed after being struck by a northbound R train in Jackson heights queens. He is currently in stable condition at Bellevue hospital, said the teen was trying to subway surf. Ukraine's military says it is advancing in Russian hell territory just north of the Crimea Peninsula. Ukrainian forces launched ground assaults and the kirschen region. It comes as the International Atomic Energy Agency heads to the Russian occupied nuclear power plant to the northeast in Ukraine. There is no safe water to drink from the tap for up to a 180,000 people in Jackson, Mississippi, floodwaters from the pearl river are going down knocking out the main pumping station. Mississippi governor Tate Reeves. We are drafting a state of emergency declaration with regards to Jackson's failure to produce running water. Governor Reeves says that also means there is less or no water to fight fires and flush toilets. Climate researchers are sounding the alarm that Greenland's melting ice sheet will eventually raise global sea levels by about ten inches, according to the report in the journal nature, the fear now is that it may be inevitable. Author and science journalists, Gaia Vince says nations have to start planning now for future climate refugees and mass migration. People will not be able to adapt in certain places. They will have to move. Arthur, guy events, global news, 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts more than a 120 countries. Michael Barr and this is Bloomberg Nathan. Thank you, Michael. Almost 6 ten on Wall Street time for the Bloomberg sports update here's John stash hour. Thanks, Nathan. Yankees, after a couple of losses in Oakland began a series in Anaheim and in the 8th inning a milestone. The pitch swung on and hit deep center field 12 on the run Aaron John's number 50. Into The Rock pile in center field and Anaheim. It's four three angels after home run number 50 for Aaron judge. The call. He's only the tenth player in baseball history to have had two 50 home run seasons and he gets there before he even getting to September. The question now is if judge can break Roger Maris Yankee and American League record of 61 homers angels one four three on a Shohei Ohtani two run Homer is 29 that came up Frankie montas who has four and 11 record between the Yankees and Oakland. The Dodgers with a ten 81 Miami are now 51 games over 500 as they start a series tonight with the mets at city field across the parking lot at the U.S. open last night hot ticket to see Serena Williams not the final match of her career. She beat Duncan committed straight says social should be back tomorrow night for a second round match with a net count to bite and see is the tournament's second seed. The next were said to be close to an agreement with RJ Barrett, only 22 years old and he's getting a four year $120 million extension, so if they are to make a trade with Utah for Donovan Mitchell, it will not include Barrett, NFL teams, including injecting giants have to cut their rosters down today in a surprise, the forty-niners who are starting Trey lands are keeping Jimmy Garoppolo. He's the backup quarterback. John stasia, what Bloomberg sports? Do you think? All right, John, thanks, red headline. Just crossing the Bloomberg terminal, Elon Musk has sent a letter to Twitter adding reasons to terminate his $44 billion buyout offer. Twitter shares right now are down almost 3% Tesla shares are up. More than 2%. Futures are higher. This is Bloomberg, good morning. Progressive snapshot can save you money based on how you drive and how much you drive. So the safer you drive, the more money you could save. Now, if you didn't hear that because you were looking at your phone while driving, let me say it again. Seriously put down your phone. That is so unsafe. If you didn't do stuff like use your
Bloomberg Radio New York
"van wick" Discussed on Bloomberg Radio New York
"Wall Street, good morning. I'm Nathan Hager. And I'm Karen Moscow, we're just about four hours away from the open of U.S. trading. Let's get you up to date in the news you need to know what this shower would begin with day two of congressional testimony from Jay Powell. This morning the fed share appears before the House financial services committee. Yesterday was his most explicit acknowledgment yet that raising interest rates could lead to a recession. You're seeing growth slow from the very elevated levels of last year associated with the reopening. You're seeing the beginnings of job growth slowing to more sustainable levels. And there's risk in that. There's obviously risk in that that we monetary policy is famously a blunt tool. And there's risk that weaker outcomes are certainly possible, but they're not our intent. Fed shared J Powell told lawmakers the economy is strong and well positioned to handle tighter monetary policy. Markets gave up early gains Karen on pals recession comments, Jeanette Garret chief economist with Robertson Stevens says, as recession talk grows, we could see inflation start to come down. I don't think it's firmly rooted and there are awful lot of people who are now beginning to think about recession. And in thinking about recession actually do believe that that will take the pressure off prices. Jeannette garrity with Robertson Stevens says she believes Jay Powell's credibility is no longer an issue. Well, it's turned to oil now, Nathan, which is lower once again as concerns over a global economic slowdown intensify, meantime President Biden is continuing his push to ease gas prices. Bloomberg need a young joins us live with more good morning Renee. Good morning, Karen. President Biden is running out of options to ease prices at the pump and in his latest action, he proposes a three month gas tax holiday urging gas stations to play their part. I call on the companies to pass this along every penny of this 18th century reduction to the consumers. This is there's no time now for profiteering. It's a long shot for President Biden as lawmakers on both sides of the aisle quickly signal they have little appetite for the move. Live in New York, I'm renita young Bloomberg daybreak. All right, we need a thank you. Another major story we're watching in Washington this morning, a gun safety bill could soon pass the Senate majority leader Chuck Schumer hopes for approval by the end of the week. Hey, Nathan turning overseas, European Union leaders plan to grant candidate status to Ukraine the move will come at the EU summit that's beginning today in Brussels, Ukraine will have to meet a set of conditions before joining the EU. In S&P futures are now little change down futures down 43 NASDAQ futures up 40, and the ten year treasury at 1530 seconds yield 3.09%. Straight ahead, your latest local headlines plus a check of sports. This is Bloomberg. 5 33 on Wall Street 61° in Central Park, seeing some work on the northbound van wick and Michael
Bloomberg Radio New York
"van wick" Discussed on Bloomberg Radio New York
"U.S. trading let's get you up to date on the news you need to know what this shower are beginning with the latest on the pandemic U.S. officials are deploying several tactics to control a surge of coronavirus cases and we get the latest live from Bloomberg's ranita young good morning Ritu Good morning Karen New York and California are now requiring masks out in all indoor spaces Massachusetts is sending free home COVID-19 test kits to its poorest neighborhoods and Maine has activated the National Guard to help hospitals National U.S. cases have now topped 50 million which means about 15% of the population has tested positive for the virus at some point Meantime when the vaccine front a new study shows Pfizer stopped 70% of uma cron hospitalizations in South Africa and a separate study says Johnson & Johnson shot appears to prevent severe disease from the new strain live in New York I'm ready to young Bloomberg daybreak We're neither thanks in Europe the UK will use soccer stadiums to help in hundreds more vaccination sites in the coming days According to the government Omar Khan now accounts for 20% of confirmed COVID cases in England While U.S. futures are lower Nathan following yesterday shell off in ahead of the fed's two day policy meeting traders will be looking for a clues on the timing of tapering stimulus and raising interest rates David sakara is chief U.S. market strategist at Morningstar I think it's going to come up with pretty much what the market is already expecting Federal Reserve chair Powell he certainly intimated to the market His preference in order to accelerate the rate of tapering the market right now from what I can tell is pricing in doubling the acceleration of that rate So we'll end the asset purchase program at the end of March When it comes to interest rates morningstars David sakara expects the first to rate hike from the fed to come in June In corporate news this morning Karen Elon Musk is unloaded more shares of Tesla selling another 934,000 for about $900 million Musk is once again using the money to cover taxes on options He's already sold almost 12 million shares since his pledge to unload 10% of his Tesla stake And Starbucks employees are petitioning to unionize to locations in Massachusetts since after a vote in New York State created the sole labor foothold among the chain's thousands of corporate stores The new filings underscore just how quickly change may be coming for Starbucks which has long resisted organizing efforts And again futures but less than P futures are lower down about 9 points NASDAQ futures also lower down 85 Dow futures are now little changed The Dax in Germany changed as well Straight ahead your latest local headlines plus a check of sports and this is Bloomberg 6 33 on Wall Street 45° in Central Park still sailing big delays on the van wick headed toward Kennedy airport John Tucker's here with.
Bloomberg Radio New York
"van wick" Discussed on Bloomberg Radio New York
"Buy enough of the pills to treat 10 million patients Meantime CDC advisers plan to meet on Friday to discuss expanding eligibility for Pfizer's booster shots live in New York I'm ready to young Bloomberg daybreak I need to thank you in corporate news this morning guess who's selling more stock Elon Musk is unloaded Tesla shares for those 7th straight trading day we get more from Bloomberg's dunk Krishna The latest sale brings mosque roughly halfway to his promise to unload 10% of his stake in the company on Tuesday alone he sold shares worth about $973 million Now to reach the 10% threshold he would need to sell some 17 million Tesla shares So far as liquidated about 8.2 million And if his exercise options are included Musk would need to sell even more In New York I'm Doug Chris Bloomberg daybreak All right Doug thanks We have a bit of offbeat crypto news this morning involving the Los Angeles Lakers The team's getting a new name for its home court currently known as the Staples Center but next month crypto dot com will replace Staples as the title sponsor the arena will unveil the new name on Christmas Day Bloomberg news has learned the deal is worth more than $700 million over 20 years Well Nathan Bloomberg daybreak is brought to you by with more than CPAs They are trusted advisers offering smart business solutions to help companies innovate grow and stay secure in today's complex world Visit with them dot com for more And straight ahead your latest local headlines Plus a check of sports and this is Bloomberg It's 6 O 7 on Wall Street We're at 42° in Central Park with a frosted advisory still in effect to late this morning We're still dealing with an accident on the southbound van wick at the LIE.
Bloomberg Radio New York
"van wick" Discussed on Bloomberg Radio New York
"Let's get you up to date in the news You need to know what this shower beginning with the latest on President Biden's economic agenda Democratic senator Kirsten cinema has been a holdout on supporting how to pay for the president's plan But now Bloomberg news has learned she's agreed to a broad outline on raising tax revenue from companies in the wealthy The details are not clear and President Biden says cinema is still opposed to raising tax rates But he thinks they'll ultimately get a deal Look I've been I was a senator for 370 years And I was never I was relatively good at putting together deals And President Biden spoke to a CNN town hall last night in Baltimore we're told the current plan calls for using tax enforcement to increase revenue from companies and the wealthy Well Karen turning to the markets now shares of snap are down more than 20% in early trading The owner of the SnapChat app reported earnings that fell short of estimates We get more from Bloomberg's Charlie pellet Snap said it was way down by apple's new data collection restrictions and their effect on digital advertising measurements The company also warned that global supply chain issues are discouraging advertisers from trying to reach new customers and that this pullback will impact the company's business in the fourth quarter In New York Charlie pellets Bloomberg daybreak Thank you Shares of Intel also following this morning down 10% after the chip makers said future profitability will suffer because of increased spending on manufacturing technology Bitcoin is set to close out of banner week with the launch of another ETF today Let's get the latest slide from Bloomberg's ready to young Good morning Good morning Nathan Bloomberg news has learned that the Bitcoin strategy fund will begin trading on the NASDAQ today It follows the successful debut of the pro shares ETF which racked up assets and over $1 billion in just two days Now some strategy to see Bitcoin rising as high as $100,000 by the end of the year Right now Bitcoin is trading around 63,000 and I'm ranita young live in New York for Bloomberg daybreak I renewed a thank you and now to the Federal Reserve where there's news that the Central Bank is making a big move on trading rules We get the story live from Bloomberg's John Tucker John The fed will ban top officials from buying individual stocks and bonds That's after Dallas fed president Robert Kaplan and bostick Boston's Eric Rosenberg both stepped down following revelations of unusual trading critics of fed chair Jay polyps and seized on the disclosures as ammunition to try and block his potential renomination in New York on John Tucker Bloomberg daybreak All right John thank you And again NASDAQ future is down 32 points This morning straight ahead your latest local headlines plus a check of sports and this is Bloomberg 6 33 on Wall Street 63° in Central Park we had an accident on the southbound van wick at Linden boulevard details coming up in traffic first Michael Barr with more of what's going on in New York and around the world Michael thank you very much Nathan the House voted for criminal contempt charge against former president Trump's former adviser Steve Bannon after he refused to comply with his peanut from the January 6th select committee Committee chairman representative Benny Thompson says Bannon's lack of cooperation left the committee with few options I investigation is going forward We're hearing from witnesses reviewing documents analyzing data Mister Bannon stands alone in his defiance And we will not stand for it Attorney general Merrick Garland will make the final decision on whether to prosecute Bannon A prop firearm discharge by a veteran actor Alec Baldwin who is producing and starring in a western movie killed his director of photography and injured the director at the movie set outside Santa Fe Retired Albuquerque police department commander Paul syke handled prop guns and other movies It's a very strict process very controlled because they obviously know we're dealing with weapons that are capable of firing live ammunition Production has been halted on the film rust The FBI announced that human remains along with belongings found in an environmental park in Florida where those Brian laundry the 23 year old fiance of Gabby battino had been missing for weeks Petito who was 22 was found dead last month in Wyoming The medical examiner ruled her death was caused by strangulation laundry family attorney Steven berlino said Chris laundry found his son's bag in a part of the park that was flooded for weeks All the professionals that were in the park have said news reels the film the footage everything shows this park was underwater Laundry family attorney Steven bertolino spoke to WABC TV President Joe Biden said the U.S. was committed to defending Taiwan from a Chinese attack Biden made his comments during a CNN town hall in Baltimore to protect the democratically ruled island China Russia and the rest of the world knows we are the most powerful military in history of the world Don't worry about whether we're going to be more powerful But you do have to worry about is whether or not they're going to engage in activities or put them in a position where there may make a serious mistake The Chinese foreign ministry spokesman offered only a mild rebuke urging the U.S. to speak prudently on time one Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts in more than a 120 countries I'm Michael Barr and this is Bloomberg Nathan Michael thanks Almost 6 36 on Wall Street time for the Burton accountants and.
Off The Meatrack Chainz New York Podcast
"van wick" Discussed on Off The Meatrack Chainz New York Podcast
"Is flatbush home. Sweet sort of watch. You think i think was. I think i ain't going to wind down. Was i'm thinking i'm thinking this is happening in fucking east new york or some shit having everywhere him everywhere. No not really. I'm the minimum. i'm in a. I'm in a peaceful quiet neighborhood or guy you know. We south windsor. No no Laurel south southeast queens. Okay what's that like on. What's the name that area the area year over there. That's that's that's law two year as area right. Yeah it's an area in front of all cambria heights. Not too far from saint albans. Not too far from rosedale and not too far from Nassau county long island. Okay all right which is which is along with mayor boulevard. I'm not too far from that. Gotcha so you close to the. We're not in the hood off the van. Which i used to live on a van wick as us. Living on saint albans was over here. Jamaica van wick or you're on one fifteenth. It wasn't in jamaica. It was insane orbits. Fill me but it was off. Awed van work on one hundred and fifteen forty no-doubt area van wick hundred fifteenth. Could van. wait. I know is is is is to is to actually this jamaica van wick and there's brian would van with boulevard off the parkway van wiggins razaleigh run Adjacent a van. So right off of the van with. Yeah but now what i said my bad. I interrupted you. Keep on now you're doing good though Yeah so i'll i raised.