katie: i'm katie greifeld in new york. welcome to bloomberg markets. you have an s&p 500 fighting and failing to go green. we are down by less than .1% but we'll see how we settle up. big tech having the worst day, down .5%, coming back to the intel results we got earlier. that leads me to the stoxx index, down by 2.4% right now, intel taking a bite right there and leading the industry down lower. spirit airlines, that saga continues. jetblue warning today that the merger deal could be terminated, sending spirit shares down to the tune of 16% or so. let's go back to the stoxx and intel, because intel taking a tumble today after a disappointing forecast on yesterday's earnings call. sales and profits came in under wall street estimates. jackie, it seems like it's the outlook here that is spooking investors. jackie: that's right. it overshadowed a very healthy report. you had sales projected to come in between 12.2 billion dollars and $13.2 billion, but wall street was expecting $14.3 billion. that is over a billion dollar miss at the middle range. profi

. ♪ katie: i'm katie greifeld in new york and welcome to bloomberg markets.et's start with a check on those markets. you have the s&p 500 higher by about half a percent. big tech doing better, of about .8%. all is pretty quiet in the bond market. probably helping the equity market. ten-year yields up 4% and staying there. vix, a 13 handle this time yesterday. we are now trading with that 12 handle. we will see how low vol can go. let's talk about netflix, soaring after his best quarter of subscriber growth since the early days of the pandemic. they added 13 million viewers and reach the deal yesterday with the w w ee to stream his flagship show raw on the platform -- wwe. you think about what we learned last night. how many of the subscriber growth was fueled by the password crackdown? >> almost all of that came from the password sharing crackdown. it's definitely bringing results. we saw big numbers. subscriber gains came in 50% above consensus expectations. what is driving the momentum today is we will see this growth. we still have a huge amount of untappe

. >> i'm katie grefeld in new york. take a look 59 these markets, and we're in the green, but just barely. the s&p only up about a tenth of a percent. same thing, too, if you look at big tech with the nasdaq 100 also up about a tenth of a percent. all the while, you take a look 59 volatility as measured by the v.i.x. we are rising slightly. it feels like we haven't seen that in a while. we're still below 14. that's 14 handle, but we're getting closer. we'll see if we get there in the next few days, because this week five of the big tech companies combined with a combined potentially in dollars of market value set to report in the coming days. name some names here, microsoft and alphabet kick off earnings on tuesday. then we're followed by meta and amazon and apple on thursday. joining us now to help break it all down is mandy singh of bloomberg intense. we're talking about five of the magnificent seven. you think about what we heard from tesla last week wasn't so magnificent, i think it's fair to say. how are you expect

katie: let's get specific. i noted that you are talking about kayak, talking about expedia. 2023 was a great year for a lot of those names. expedia up 73% last year alone. how much good news is priced in? similar to what we are seeing with ge today. sarah: i don't think the good news is all priced in. when you look at those ratios, they are not insane. these are legacy tech companies that have been a good job of buying up a lot of new things. booking owns opentable. as we have seen these returns to going out more and whether it is business or pleasure, we are really seeing that across that conglomerate, i like there is not a single bet, cruises would've had a huge year last year, or hotels or it will be any one thing. it is sort of a play on the sector, which is do you think people are traveling again and the data shows the answer is very much a yes. katie: let's stick with this valuation conversation and stick it out. it is striking that you take a look at the s&p 500, at record highs right now. back to januar

katie: is that a relief for you?he fact that you can't just mention ai and more people in the market are focusing on fundamentals? >> that's better for the market but it's waiting just wait -- it's way more excitingly get thefomo because you get the dynamics. katie: who is next? that was the ai question around this time last year. let's talk about the flipside. those are the cheap implied moves when you look at earnings. who is screening rich right now? >> when we take the flipside, these are moves where the options implied are almost two or three times historically what it is. it's mostly on the airlines. to some degree that makes sense given the individual moves around it but it's not necessarily just boeing. it's across the board on airlines. you are seeing these double times with the quarter averages are. there is a little bit of energy conflicts and that is well which is playing into these implied moves. going through your list, i see southwest and american airlines etc.. i feel like that speaks to a general ner

katie: you are sticking with us. let's get a check on what is moving in these markets with bailey lipschultz. what have you got? billy: with american airlines, we are seeing a big rally across playmakers. boeing is under pressure. analysts were expecting 2.22, so the upper end of the range is above what wall street was looking for, talking of strength expectations. really calling out strength in international travel. we are seeing people flowing around the world. i don't know if you have any international plants on the horizon, but we are seeing american air up. katie: it seems that has been the theme for a while, this bid for international travel. it does not seem like that is making a dent in these american airline numbers. billy: they are throwing boeing under the bus, but rightfully so. katie: let's talk about international business machines, ibm. billy: analysts playing up that this is an underappreciated ai play. a 12% jump, the biggest jump since october 2002. i don't know what you were doing in 2002. i was no

katie: great roundup. let's get to the broader markets now with the chief market strategist and portfolio manager . it feels like a little bit of a rude awakening. it seems like we are seeing the flipside of that narrow rally we have seen. >> i think that is right. as you look at january, you see the narrow market that we saw for most of last year up until november and december, that narrow market had returned in january and we are seeing those large stocks had gotten ahead of themselves, whether it was google, who had a fine quarter but not as good as expected -- microsoft stocks only down a little bit but it tells you the narrow market may broaden again as we go toward the rest of earnings season through the rest of the first quarter. katie: how do you treat a day like this? i see you are fully invested in equities at the moment. when you see that developing now, is this something to lean into? ellen: yes. taking a big step back, our expectation is the economy is going to be fine this year and corporate

katie: trying to get creative. joe: well, when we come back, we'll get a behind the scenes tour of an exhibition by one of the world's greatest rock and roll photographers. not just any whiteboard... ...katie porter's whiteboard is one way she's: [news anchor] ...often seen grilling top executives of banks, big pharma, even top administration officials. katie porter. never taken corporate pac money - never will. leading the fight to ban congressional stock trading. and the only democrat who opposed wasteful “earmarks” that fund politicians' pet projects. katie porter. focused on your challenges - from lowering housing costs to fighting climate change. shake up the senate - with democrat katie porter. i'm katie porter and i approve this message. are jay blakesberg will be there with his camera. we're off to san francisco for a tour of a new exhibition documenting his long career. jay: let's see, what do we got here? is bob dylan and neil young at the greek theater in berkeley. this is a portrait of joni mitchell at

katie: welcome to bloomberg markets. you take a look at what we're doing on the s&p 500 and the answer is not much. we are down just about 1/10 of 1%. all the risk events it feels like her coming after the bell kicking off today. big tech ahead of that mega week we mentioned and not looking to rosie. the nasdaq 100 down about 3/10 of 1% but we are still near those all-time highs. i wanted to flash out that 10-year treasury yield. as we await the fed as well. currently we are pretty much unchanged, i will call that unchanged. you're still above 4%. we will see how that line moves. you look at the vix where we are below 14, not a lot of volatility in this market. we see maybe some economic data because we have jolts data dropping right now. mike mckee is here to break it down. mike: the number of job openings went up during the month of december, 9 million -- from 8,925,000. the forecast was we would see a drop in job openings. the quits rate is little changed. still a 2.2%. the number is down about 100,000 from november.

katie: it is a great point when you think about that. guy: great scale, katie. brings up the issue of those who have been working on this for a while. you could argue the vanguard, the fidelity's, they are latecomers. so does everybody get kind of cleared on the same day? do we get this in one big lump? what is it leave grayscale? is this going to be something that happens to different funds? walk me through the choreography here. james: we have been staunchly in the camp that the sec is going to do everything they can to allow multiple people to lunch at the same time. right now there are 11 different firms that could launch on the same day, potentially, and grayscale is in the camp. we saw this with ethereum futures etfs. edit everything in their power to have nobody launch before the other ones, because biddo, basically the sec played kingmaker there. it has all of the assets, it has 90-plus percent of the volume. it has completely dominated. essentially the sec does not seem to want to do that. they don't want to pick winners here. so, we saw that play out w

what we've learned today about katie is there is definitely some cheese in there. katie: big time.out what is coming up. we are done. maybe i will see you tomorrow. maybe we will talk more about the breakfast menu. but crowd strike ceo will join caroline hyde and ed ludlow next. this is bloomberg. ♪ when people come, they say they've tried lots of diets, nothing's worked or they've lost the same 10, 20, 50 pounds over and over again. they need a real solution. i've always fought with 5-10 pounds all the time. eating all these different things and nothing's ever working. i've done the diets, all the diets. before golo, i was barely eating but the weight wasn't going anywhere. the secret to losing weight and keeping it off is managing insulin and glucose. golo takes a systematic approach to eating that focuses on optimizing insulin levels. we tackle the cause of weight gain, not just the symptom. when you have good metabolic health, weight loss is easy. i always thought it would be so difficult to lose weight, but with golo, it wasn't. the weight just fell off. i have people come up

katy? >> the u.s.the u.s.' most favorite candidate? are the the u.s. is saying it will work with anyone in taiwan. there are some differences between the three candidates. while the dpp has not had talks over its last eight years in power, the kmt and the tpp are saying they're open to dialogue across the taiwan strait, because that's the only means of dialing down the tension that has been ramping up under the dpp's rule. remember, the u.s. is the only country in the world that supplies weapons to taiwan. so in that regard, all three candidates are aligned in saying that they want to maintain those strong contacts with the u.s., build those contacts with the u.s. so that they can shore up protective measures for taiwan. but if you look at the polls in terms of what people are actually looking for in this election, there's all of the usual issues. there's housing affordability. there's wages. but they more than anything want the status quo. it's not that people favor independence or reunification. they

katie: this is bloomberg markets.sachs cohead of m&a joints bloomberg television at 1 p.m. new york time. this is bloomberg. ♪ katie: crude swings on risk off sentiments as tensions rise in the middle east. we are joined by the td securities senior commodities strategist. i'm happy to have you with us. looking at your note and you write that energy markets appear to be severely underpriced for recent geopolitical risks. why do you think that concern has not shown up in the price yet? >> thanks for having me. if you look at the last 75 years of geopolitical risks in the middle east, you find that in the case of a localized conflict which has been the case thus far with the war with hamas and israel, oil prices tend to fade after an initial knee-jerk move higher. in the case of a broader conflict, oil prices tend to rally 20 or 30%. as you look over the last few weeks, we are coming away from a holiday season in the west and you find we've seen the red sea a text starting to escalate further and strikes in iran itself,

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message.) fargo, the new virtual assistant from wells fargo, gives you information you need quickly. (hr manager) if you don't have your account info for direct deposit... you all gotta come back tomorrow! (employee) fargo, what's my checking account routing number? (hr manager) be like her. (vo) do you fargo? you can, with wells fargo. for wwe's parent company, tko group holdings, a company employee filed a lawsuit accusing the 78 year old of forcing her into a sexual relationship to not only get, but to keep her job. mcmahons also accused of sharing photos of her to other men, including other wwe employees. mcmahon said he stepped down out of respect and called the claims baseless. accusations in the east bay. now, oakland's largest employer, is warning its employees to be vigilant in the face of rising crime. kaiser permanente says it's committed to ensuring the safety and security of its employees and physicians across all its locations, but the san francisco chronicle is reporting kaiser

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message., direct deposits come up to two days early with early pay day. what if everything came two days early? (hero) have a good weekend! alright now...have a good weekend. (co-worker) but it's wednesday... (co-worker 2) see you monday! (co-worker 3) am i missing something? (hero) it's the weekend baby... see you later. (vo) like getting things two days early? when it comes to payday, you can with wells fargo. (co-worker 4) what are you doing this weekend? >>> san jose state has a new football coach. we will say hello to, the 30th head coach in program history. he replaces brett. he is navies all time when interest coach. he led the team to 11 bowl appearances. he has a clear vision of what he wants to do here. two people would ask me over the years how i would coach? i was who i am. the foundation of our program was simple, love. >> the director of athletics says that ken is the right fit. >>> the 49ers are getting ready for the championship game against the lions. they are preparing for th

all i'm katie phang. secretary of state, antony blinken, is in jordan as part of a weeklong trip to the region in the hopes of common rising tensions. as today marks three months since the deadly attack by hamas and israel, that task seems easier said than done. on saturday, israel traded fire with iran-backed military group, as, blah both sides launched shane dozens of rockets across the southern border of lebanon. hezbollah claimed it's retaliating for the killing of hamas leader, sully al-arouri, earlier this week and beirut. israel has denied responsibility for the assassination. this is all taking place as we learn the secretary of defense, lloyd austin, has been hospitalized since new year's day following complications from an elective procedure, including spding four days in the intensive care units. the pentagon waitedthree days to inform the white house's national security council of his hospitalization. austin releasing a statement overnight taken responsibility for what he says was his decision

katie: it is interesting to see the tit for tat.his is focusing on the branded products that come in though smaller than 200 liter containers from the eu. i'm not a huge fan, i've got to say, but of course interesting to watch what this means for geopolitical tensions playing out in the liquor market. guy: absolutely. a kind of reinforces -- a comes back to this whole idea about inflation. if we do see more tariffs thrown up, if we see more tensions is that ultimately going to be more inflationary going forward? which drags us back to our question of the day. i'm not sure how i get from a bottle of brandy back to the inflation debate, but this is helena going to do it, which takes us back to the data we have been talking about. our question of the day, is made the new march? has inflation been beaten? let me throw up another chart for you. that is, what euro-dollar has done today. absolutely all over the place. as you can see, the payroll number, you get a dip, and then you get a sharp move to the upside. dominic bunning, hsbc's hea

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message.wing up, my parents wanted me to become a doctor or an engineer. those are good careers! but i chose a different path. first, as mayor and then in the legislature. i enshrined abortion rights in our california constitution. in the face of trump, i strengthened hate crime laws and lowered the costs for the middle class. now i'm running to bring the fight to congress. you were always stubborn. and on that note, i'm evan low, and i approve this message. >>> today was gorgeous. wind and rain beginning tomorrow. >> the river headed for the bay area. flooding and localized wind damage. we have a lot to talk about. we have seen these rivers heading toward us. probably an ar 2 or ar 3. also the threats of too much rain in the short time. the storm system will be loitering. than another river is likely to impact the area. right now, doppler is lit up. this is mostly elevated in the atmosphere. the batch of heavier rain has a better chance of reaching the ground. some of the activity is making i

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message.ll moving along nicely though, but take it slow. it's 912. happening tonight. the 49 ers will face the green bay packers at levi's stadium. who's excited. but i must say only one team is first in the nfc right now. just saying. and in true niners fashion the san francisco international airport as you can see beside me, was glowing in red and gold last night ahead of the big game. here's abc seven news reporter lauren martinez. >> faithful fans are celebrating the 40 niners faithful under banners on friday. blanco urban in san jose hosted ticketmaster's fan rally on the eve of the playoff game. legendary 40 niners running back frank gore signed autographs. i'm still shaking right now. >> it's pretty crazy. the way he just runs through defense is like a tank. i mean, that's what it's called. frank the tank, the gold blooded cheers danced and showed off their gear. >> nothing but confidence heading into saturday's game. i felt like we finally have a team and we have leadership on our team

shake up the senate - with democrat katie porter. katie porter and i approve this message. >>> the manhunt is over in union city. deputies tell us what happened when one of their own was shot while serving an eviction. >>> good afternoon and welcome to nbc bay area news at 4:30. we received an update just hours ago on the search for the suspect. we are tracking other stories on this thursday, including will there be a change of venue? we will tell you what happened in court today. >>> the vallejo police are still getting backlash over how they handled the denise hoskins kidnapping case. jodi hernandez will tell us about the netflix series bring in the department back under the microscope. >>> playoff fever is catching the bay area. the 49ers getting ready for the lions this sunday. we will show you how businesses in the area are benefiting. >>> we have new details in the shooting of the alameda county sheriff's deputy. a man and woman who police believe were involved were found dead after a standoff in union city. police say they die

katie: really appreciate your time.hat is tim fiore, chair of the ism manufacturing business survey committee. coming up, insight to our question of the day. did the santa rally steel 2024's gifts? -- steal 2024's gifts? callie cox joins us next from etoro. ♪ >> it feels like we are coming into the new year. we are already seeing a very -- the start of a reset perhaps. >> starting off 2024 with a little bit of a breather. >> pausing for breath. >> investors taking a sober second look at what the economic environment is going to look like in the year ahead. >> a very strong rally in the third quarter of last year. >> equity markets have rallied 16% from the low point in october. >> it's an understandable rational question to be posing at the beginning of the year. was it overdone? >> a great time to play a little bit of defense. >> i don't think you can have the growth of had even the economic backdrop we are looking at. >> the fed will probably be disappointing relative to the speed at which rate cuts are priced into th

>> thank you for having me, katie.ase that has lasted over 17 years now. when that first victim walked into my office about 17 years ago, she told an incredible story about a wealthy man who was giving money to young girls for sexual explicit massages. that has now turned into an international sexual pyramid scheme. my clients are extremely happy that this information is now finally coming out, because it justifies what they have been saying for the last 17 years about not just jeffrey epstein, but ghislaine maxwell as well as many other very wealthy, powerful individuals in this country. >> spencer, let's talk about recourse statue of limitations as a expired, i believe, for claims could be brought. so, what was the purpose behind making sure that these documents, these previously redacted documents, excuse me, were unsealed unredacted. >> the federal judge in new york found the information contained in these documents, frankly, was already out in the general public. information about key individuals. people, you know

shake up the senate - with democrat katie porter. katie porter and i approve this message. >>> fighting back against retail. goods recovered for the new numbers from the chp retail crime task force. >>> welcome to nbc bay area news at 4:30. talking to investigators, will have some more eye-popping numbers in a bit. >>> checking stories, including one year later. the mass shooting victims in half moon bay. we look into an update on the case against the shooter. >>> rescue, after spending 15 hours on top of the car. the story behind this video out of alameda county. >>> should they shut down the street to cars permanently? san pedro square, man has all of the details. in the chp suggests a state ride crackdown on theft is working. we are joined now with what the numbers show and what retailers are saying about this. >> this is the result of a lot of hard work from a lot of people. the chp coordinates with governments around california. the graphic, this one, it was put out by the chp. it shows last year there were 320,000 merchandise t

shake up the senate - with democrat katie porter. katie porter and i approve this message. >>> the warriors in shock and sadness. the beloved coach who passed away and how the team is reacting. >> good afternoon. we will share with you some words from head coach steve kerr and just a little bit. we are also tracking other stories on this wednesday including a organized theft ring broken up. the state's top prosecutor noted the arrests, including a barrier smash and grab. >>> also, propose renderings of that new city as the backers of california forever push to have the voters decide their fate. >>> and the fight of her pickle ball courts in this city. what san francisco is threatening to do and how pickle ballplayers are bowing to stop them. we will be joined from court and just about seven minutes. but let's go ahead and join today with the warriors. his team was on the road in utah right now. last night, dejan milojevic was out having dinner with the team when he suffered a heart attack. this morning, we learned that he passed away

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shake up the senate - with democrat katie porter. i'm katie porter and i approve this message. couldn't get my hair done. then psoriatic arthritis. cosentyx works on both for me. people with psoriasis on the scalp have a 4 times higher risk for psoriatic arthritis. serious allergic reactions, severe skin reactions that look like eczema, and an increased risk of infections, some fatal, have occurred. tell your doctor if you have an infection or symptoms, had a vaccine or plan to, or if ibd symptoms develop or worsen. still workin' for me. ♪see me.♪ still workin' for me. adapt to climate change. others are finding solutions in some old methods. we're off to napa to see how a rodent is helping to show california the way. joe: the world knows napa as a destination for vineyards, food, and nature. but in the middle of the city where the pearl street bridge crosses the napa river, another kind of nature is carving out a name for itself. brock: and we are at one of our favorite watchable wildlife locations in california, which is actually in downtown napa. joe: in between the cattails

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message. right now on cbs news bay area, one of the largest employers in oakland is recommending employees to eat their lunch in company buildings over safety concerns. good evening, i'm elizabeth cook. >> kaiser permanente said it's all about safety, our chopper flew over the headquarters around lunchtime, that was between 12:00 and 1:00 and we didn't see anyone entering or leaving. and other oakland-based corporations say they are providing security escorts for downtown workers. >> for mom and pop restaurants and big businesses, everybody is feeling the effects of crime, kaiser is the latest and the largest employer in oakland to sound the alarm. kaiser permanente owns multiple endings -- buildings in oakland. a company memo recommend they stay in their buildings during lunch and bring their own food or have it delivered. robberies of kaiser workers apparently led to the alert. >> just walk around, do a few laps, but after those memos, i'm a little bit hesitant. there has been a lot of break

>> reporter: it's a great question, katy. lot of trump attacks in past debates. in fact, we see a whole lot more of these candidates attacking each other, especially in recent days. look, nobody thought the competition for second place would stretch on as long as it has. i think a lot of folks are hoping it would be put to bed, and that maybe tonight will be a step towards that. this will be the first time that desantis and haley are on stage, just the two of them. they'll be head to head as they have been neck in neck in the polls here, and really ramping up their attacks on each other, both on the air waves and in interviews, including in both of their sit-downs with us and with the "des moines register" last week, but they're going to have to do a lot in this debate to rile up voter support because as you mentioned, those temperatures, i mean, katy, imagine do you want to go out in negative 25 degree windchill temps? i don't think so. the popular theory is that it is likely that those negative tents might actually impact t

katie >> still to come on the katie phang show, victimizing the victims. a shocking of a new study revealing just how many forced pregnancies for over half 1 million victims of rape in states with abortion bans after the end of roe. first, we have to scission 2024. early voting begins today in the nevada primary. the former president is ditching the courtroom for the campaign trail with a rally in las vegas scheduled for later this afternoon. there is much more to come on the katie phang show, don't go anywhere. anywhere respiratory disease from rsv in people 60 years and older. arexvy does not protect everyone and is not for those with severe allergic reactions to its ingredients. those with weakened immune systems may have a lower response to the vaccine. the most common side effects are injection site pain, fatigue, muscle pain, headache, and joint pain. i chose arexvy. rsv? make it arexvy. ♪ limu emu & doug ♪ ( bell ringing) customize and save with libberty bibberty. liberty bushumal. libtreally blubatoo. mark that one. that was nice! i think you're su

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message.der for small businesses to thrive, they need to be smart, efficient, savvy. making the most of every opportunity. that's why comcast business is introducing the small business bonus. for a limited time you can get up to $1000 prepaid card with qualifying internet. yup, $1000. so switch to business internet from the company with the largest fastest reliable network. give your business a head start in 2024 with this great offer. plus, ask how to get up to $1000 prepaid card with qualifying internet. switch today. this election is a choice between results or just rhetoric. californians deserve a senator who is going to deliver for them every day and not just talk a good game. adam schiff. he held a dangerous president accountable. he also helped lower drug costs, bring good jobs back home, and build affordable housing. now he's running for the senate. our economy, our democracy, our planet. this is why we fight. i'm adam schiff, and i approve this message. >>> bay area-based kelly moore

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message.order for small businesses to thrive, they need to be smart, efficient, savvy. making the most of every opportunity. that's why comcast business is introducing the small business bonus. for a limited time you can get up to $1000 prepaid card with qualifying internet. yup, $1000. so switch to business internet from the company with the largest fastest reliable network. give your business a head start in 2024 with this great offer. plus, ask how to get up to $1000 prepaid card with qualifying internet. switch today. this election is a choice between results or just rhetoric. californians deserve a senator who is going to deliver for them every day and not just talk a good game. adam schiff. he held a dangerous president accountable. he also helped lower drug costs, bring good jobs back home, and build affordable housing. now he's running for the senate. our economy, our democracy, our planet. this is why we fight. i'm adam schiff, and i approve this message. (vo) fargo, the new virtual a

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message.aking a live look now at the golden gate bridge this morning. when you can see there is some traffic moving along out there. but everyone looks to be going pretty slowly. and that looks like a good idea given to those wet conditions out there is there really a bridge there? you sure. okay. 47. good morning, everybody. as we do have the fog is joining us to so. >> that really should tell you there should be that much resistance from the atmosphere for this rain aloft. but amounts have been very, very modest. we're just now in the east bay getting a couple of pennies being collected. meanwhile, couple nichols up towards the north, but this is a weak wave compared to what's coming for us later today. that's going to be much better in coverage. so we're not going to see too much for the south bay today and the east bay and peninsula as well. here's another live shot going on here for the east bay shoreline. kind of that very much overcast, a kind of conditions which linger all day. today.

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message.s election is a choice between results or just rhetoric. californians deserve a senator who is going to deliver for them every day and not just talk a good game. adam schiff. he held a dangerous president accountable. he also helped lower drug costs, bring good jobs back home, and build affordable housing. now he's running for the senate. our economy, our democracy, our planet. this is why we fight. i'm adam schiff, and i approve this message. factory in fremont held a rally in solidarity for striking tesla workers in sweden and to highlight alleged systemic racism and sexism at the plant. yesterday's rally included guided chants and reflections on how martin luther king jr. s pro-union legacy applies to current tesla workers. about 120 tesla mechanics in sweden have been on strike since late october, and that started when a tesla subsidiary refused to sign a collective agreement with a trade union. the rally was also focused on addressing tesla's alleged history of harassment and reta

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message. welcome back. >>> some might call it a silver lining of the pandemic, streets closing to cars to create more space for businesses and their customers and in san jose san pedro square that change will now be permanent. the city council unanimously approved keeping a one-block stretch of san pedro street closed to cars for good. jose martinez shows us san pedro square is seen as an example of how going car free can help a neighborhood thrive. >> reporter: i'm here at san pedro square in downtown san jose where, as you can see, businesses have been able to expand their outdoor areas since this street was closed during the pandemic. rosa ayala is excited about what's happening in downtown san jose these days. >> it was really nice to see so many people come and support during the pandemic despite the challenges and the fact that we couldn't have a lot of diners inside and the whole six foot rule. >> reporter: she's the event sales manager at aya casina. she said the restaurant survived be

shake up the senate - with democrat katie porter. katie porter and i approve this message. >>> it's the biggest thing to ever happen in san francisco in my lifetime. >> it's our revenge match. they deserve it. we got a great team together, shout out to all the faithful, all the people believing in all these years and i mean it's our year. >> 49ers fans still soaking in last night's big win against the detroit lions. the 49er faithful also traveled to sin city to cheer on the team. this was the moment when fans realized they are, in fact, super bowl bound watching from the westgate sportsbook in vegas, a place where bay area football fans are expected to gather in record numbers if they want the super bowl experience without paying the price to see the game at the stadium. westgate is letting people in for free. >> there's just a different feeling in vegas. it feels like you're in the action if you're not actually there and with a group of friends we had, i'm glad i'm here. >> this is kind of a wow, right? >> absolutely. this place is

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message.h putting some proposals before congress. joining us to talk about the local news resolution. it's congressman mike. mark desaulnier. thank you so much for joining us today. >> my pleasure. thanks for asking me. >> this is an issue that you have really taken up and been working on for a while. >> you had h.r. 6006 eight before the saving local news act. and really wanted to try and make it easier for some local news organizations to survive in this era of online media. and a lot of other blogs and a plethora of information online, talk to us a little bit about where things stand now. >> well, they're not good. and i americans should remember that this country has had a robust publishing business since we started. benjamin franklin, a publisher. he was really at the heart of it. so you need journalism and you need it in a way that helps democracy. so voters and citizens can get information. and electeds are held accountable by professional journalists with objective criteria or hopefull

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message.y the city of san jose is hoping lessons of the past will bring a brighter future. >> be my lord kidoz obituary. >> a prayer to honor a somber week for the jewish community. saturday january 27th, is international holocaust remembrance day, a time to remember the past in order to shape the future. >> and i believe that the history we remember, the stories we choose to tell, the heroes we choose to celebrate are what determine who we become. >> members of the jewish community shared their family stories monday. santa clara county district attorney jeff rosen and metro silicon valley ceo dan pulcrano are descendants of holocaust survivors. the only time he talked about it was when he would wake up in the middle of the night screaming with nightmares, and that was has haunted him for his entire life. >> my dad, my grandmother and my aunts and uncles were in three different concentration camps, two slave labor camps in poland, and eventually bergen-belsen, where my dad survived. his mother

this is bloomberg. ♪ katie: u.s.trying to claw back gains after those adp numbers earlier today. abigail doolittle is tracking the moves. abigail: up about .2% for the s&p 500. breaking for the future say four--- futures a four-day losing streak. let's see whether these gains whole. they are pretty small. the bloomberg dollar index could be a key driver. up for the fifth day in a row, the longest since earlier last fall. you have new york crude down 1.8%. inventories for oil were fine, but inventories for gasoline showed an inventory built. that appears to be weighing on oil at this point. then the vix not doing all that much, still at 813 handle, but close to a 14 handle. pretty complacent given the volatility we have seen recently. if we switch up the board we are going to see one of the big drivers for last year's rally, and that of course is the fact that the 10 year yield basically went from 5% all the way down to 3.70%, now keeping higher, trying to get back about 4%. if this move higher continues that could pr

we are back with andrew and katie. katie, what do you think? >> your guess is as good as mine. andrew and i would tell you, whoever thought that federal appellate machinations and how the sausage is made would be something all are intrigued when. what's going on? because this is probably the most important decision that we're going to reach for american democracy in the immediate. but as per jordan's piece, there's so much going on, these are not just one unified thinking brain, it's three independent brilliant jurists trying to create a ream response and as we know it could be all three signing off on one, it could be each one wanting to write their own, there could be a dissent there. we don't know. it's almost -- we know more than what we don't know so i think what's important is we know this was done on an expedited basis and know the arguments were hurried and know the judges have to make a decision because it not only impacts this january 6th election interference case with judge chutkan but will have impacts on several other prosecutions of donald trump so i think at thi

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message. may know adam schiff's work to protect the rule of law, or to build affordable housing, or write california's patients bill of rights. but i know adam through the big brother program. we've been brothers since i was seven. he stood by my side as i graduated from yale, and i stood by his side when he married eve, the love of his life. i'm a little biased, but take it from adam's little brother. he'll make us all proud as california senator. i'm adam schiff and i approve this message. >> after days of mounting pressure, president biden says he has decided on a response to the deaths of three u.s. soldiers in jordan. they were killed during a drone attack by iranian-backed militants. my colleague peter alexander has more. >> tonight president biden says he has decided how he will respond to the deadly drone attack on u.s. troops by an iranian-backed militia. >> will you respond to the attacks? >> yes. >> the president passed by nbc 's -- do you hold iran responsible responsible for the a

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message.terday. they're both making their last minute push to voters . mr. trump still commands a sizable lead over haley in the polls, but she says she is confident she'll pick up those desantis voters that are now up for grabs. >> what i'll tell you is i know that the desantis voters, they love america, and they wanted a new generational leader. >> i think that we're going to have a tremendous tuesday, and we're going to have a great result, just like we did in iowa. >> mr. trump will be joined at a rally tonight by three of his former rivals. vivek ramaswamy, tim scott and doug burgum. desantis has said he will endorse mr. trump. haley has scheduled a rally for wednesday night in her home state of south carolina. well, in just about an hour, the top four candidates for california's u.s. senate seat will face off in their first debate right here on ktvu. >> it is crunch time ahead of that march primary ballots starting to go out in a matter of weeks. our political reporter greg lee, with us

shake up the senate - with democrat katie porter.e this message. >> norah: a police raid allegedly on the wrong house is under investigation tonight in a cleveland suburb. newly-released body cam video shows officers bursting into the home with a battery ram and multiple flash bangs. the woman who lives there says her 17-month-old son was hospitalized with a chemical irritation of his lungs. she said officers were looking for a teenager who had not lived at the house for over a year, had visited the home five times, and the landlord had told police that there were new tenants. we'll be right back. to show off.ayor them show off their clearer skin and noticeably less itch with dupixent. because children 6 months and older with eczema have plenty of reasons to show off their skin. with dupixent, the number one prescribed biologic by dermatologists and allergists, they can stay ahead of their eczema. it helps block a key source of inflammation inside the body that can cause eczema to help heal your child's skin from within. serious alle

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message.of the same people are saying, biden, doesn't get it. you can't work with republicans anymore, it's not the way it works anymore. folks, someone to say something outrageous, i know how to make government work. [applause] not because i've talked shortly it about it, but because i've done a. i worked across the aisle. to reach consensus, to make government work in the past, i can do that again with your help. >> one of the promises that joe biden made in his 2020 campaign was the improbable pledge to because he spent his entire career in washington, in the senate, as vice president, he'd be able to facilitate -- that got back to bipartisan compromise, to get tangible policies. i gotta say, it seem like a pretty ludicrous promise at the time, but it's been more true than i would've expected by a long shot. there have been -- legislation that are having a huge effect. the chips act, a big bipartisan bill in the growing semiconductor research and manufacturing, has contributed to nearly unp

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message.t watch that. enough with a comeback win last night against the lions. the san francisco 49 ers are going back to the super bowl. >> fired up in one play that will be talked about now for years. niners down 14. third quarter. purdy throwing deep down to brandon aiyuk. the ball bouncing off the facemask of the lions defender. and right into the hands of the diving aiyuk. he makes the catch. and that led to a very sweet post game answer icu crediting. well let's just listen in before the game, a ladybug landed on my shoe. >> come on. >> hey, y'all know what that means. so so that's all i can say because i don't know. i don't know, just great luck goes with it today. >> great win. bang, bang on her game. it's crazy. >> i love it. the old ladybug. >> if a ladybug lands on your shoe, it is good luck. >> all right. they got it last night. thanks ladybug. >> all right, so it's the niners and the kansas city chiefs in less than two weeks in las vegas. >> and it's probably goes without saying t

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message. go.d to the deadly attacks from iran-backed militants as some republicans in congress urge him to retaliate by targeting in now, the depart of defense's deputy press secretary, sabrina singh, good to have you. thank you for being with us. has the president been presented a list of options from the pentagon. >> thanks, katy, for having me. i'm not going to get ahead of the president or any decisions he's going to make. he is in consultation with his national security team. you saw him convene a meeting today. he convened one over the weekend, but i'm not going to get ahead of what's been presented to him or any decisions that him and the secretary are going to make together on this one? . >> what do you tell the american public that might be worried about a strike within iran or worried about the potential for this to expand our -- expand the war in the region and get us directly involved? >> well, what i would say is that this president and the secretary have no higher priority than prote

shake up the senate - with democrat katie porter.d i approve this message. >>> after new hampshire, a trump biden rematch is looking more and more likely. and wall street and corporate america now grappling with what to do if or when the former president officially becomes the republican nominee, with a chance to retake the white house. with us for more our brian schwartz, political finance reporter with cnbc, and former wall street banker turned journalist bill cohen. he's a founding member at puck news. if you can write a stuff, you must, it's fantastic. all right, grappling or backing. there is a little bit of a nikki haley romance going on. but that's a sideshow. big picture, even with all the headaches and chaos of donald trump, post davos, it sounds like the business community is more and more open to the idea of donald trump in the white house again. bill, does that tell you at the end of the day, it's all just about corporate tax cuts and deregulation for them? >> it's all about adjacency to power, genuflect-ing to power, not

>>> good to be with you, i'm katy tur. today has been a such a strange day. we're going to get to that surprise mayhem on capitol hill this morning with the unannounced hunter biden visit in a moment, but we've got to start with what is about to hus hit us, the iowa caucus is monday. as candidates prepare and voters prepare, law enforcement is preparing as well because the threats around this election have never been greater, meaning the threats around any election have never been greater. we are living in a scary time, and it's not me saying that. it's everyone involved in politics from the election officials, judges and lawmakers, to the poll workers, canvassers and voters. some iowa republicans telling us they are afraid to say who they are supporting. it is a twist from what we saw in 2016 when some voters said they were worried to tell pollsters on their friends they supported donald trump. now some were saying they're scared to say they're not supporting donald trump. we have concerning reporting from vaughn hillyard underscored by a recent poll from pr

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message. elon musk owns neuralink and says the surgery on sunday was successful. the us dia gave the company clearance to test its brain chip chip implants on humans. neuralink uses a robot to place a computer implant in a part of the brain that controls movement. the company says its initial goal was to help people with neurological disorders with future plans to bond humans with machines. well one father has found a way to use artificial intelligence to help his young daughter improve her reading skills. dave van zandt now wants to share the computer app he developed with other parents all over the world. it's a free app. it's called word stumble and designed to make reading fun. done by expanding a child's vocabulary without the usual stress. >> what's magical is it's able to take all of those words that she knows. all of these words that she's struggling with, 5 or 10 of them, take them, send it to chatgpt, and it returns. owns a custom children's story, and it only uses those words that s

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message.order for small businesses to thrive, they need to be smart, efficient, savvy. making the most of every opportunity. that's why comcast business is introducing the small business bonus. for a limited time you can get up to $1000 prepaid card with qualifying internet. yup, $1000. so switch to business internet from the company with the largest fastest reliable network. give your business a head start in 2024 with this great offer. plus, ask how to get up to $1000 prepaid card with qualifying internet. switch today. >>> we have stars in studio 1a coming your way. >> michelle yeoh will be here to talk about her thrilling new series and austin butler and callum turner all this after your local news i started taking nutrafol. we test our formulations with the highest rigor of clinical trials and we're the number one dermatologist recommended hair growth supplement. i noticed it becoming... stronger and thicker. nutrafol has taken me back to the hair i was meant to have. i am back to me. sta

shake up the senate - with democrat katie porter. i'm katie porter and i approve this message.ur child has moderate—to—severe eczema, it's okay for them to show off. show off their clearer skin and noticeably less itch with dupixent. because children 6 months and older with eczema have plenty of reasons to show off their skin. with dupixent, the number one prescribed biologic by dermatologists and allergists, they can stay ahead of their eczema. it helps block a key source of inflammation inside the body that can cause eczema to help heal your child's skin from within. serious allergic reactions can occur that can be severe. tell your doctor about new or worsening eye problems such as eye pain or vision changes including blurred vision, joint aches and pain, or a parasitic infection. don't change or stop asthma medicines without talking to your doctor. ♪ show off to the world. ask your child's eczema specialist about dupixent. the saturday coming up here on gma. nationwide extreme weather alerts for 49 out of the 50 states from deep freezing temperatures to harsh snow, wind and