katie: it's fascinating. if you take a look at some of these active fully managed small cap portfolios, you have the small cap value etf. that has outperformed. and you have the u.s. cash cows. there is an opportunity here if you pick and choose. are you better off, not overcomplicating it and just buying the s&p 500 or the nasdaq 100? shana: there's plenty of evidence that shows in small cap and mid cap and some of these less efficient areas in the market that it works and we're seeing that in this active small cap etf's. there's advantage there. good active managers, like small caps can consistently provide you with alpha. so i would be looking if i'm an individual infer, maybe i'm not doing the -- infer, i would find the good active managers to invest in. katie: what is going on? >> we have to, katie. the return of keith gill on reddit. katie: again. >> just a few weeks after his return to x. we saw the stock up at one point, 75%. the return of keith gill driving interests. a number of that coming on optio

katie: thanks again.oming up, the companies making the most social was today in our social climbers segment. this is bloomberg. ♪ olukai sandals capture the feeling of stepping barefoot inet s the perfect balance of instant comfort and lasting support. say aloha to olukai. anywhere comfort. anywhere aloha. (♪♪) how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. katie: time now for social climbers, looking at the stocks making waves this morning. the u.s. surgeon general is calling for a formal warning label added to social media site similar to those placed on cigarette. such a warning would "regularly remind parents that social media has not been proven safe for mental health." any such move would need rational approval. he does healing with -- adidas is dealing with allegations of bribery after a whistleblower accused staff of receiv

katie: imagine you will talk about evs, trucks. matt: and the mustang. katie: thank you so much.g up the legendary partnership of warren buffett and charlie monger with ronald olson. this is bloomberg. ♪ when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh you know what's brilliant? boring. think about it. boring is the unsung catalyst for bold. what straps bold to a rocket and hurtles it into space? boring does. boring makes vacations happen, early retirements possible, and startups start up. because it's smart, dependable, and steady. all words you want from your bank. for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. (traffic noises) (♪♪) the road to opportunity. is often the road overlooked. (♪♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward. the further we'll all go. abigail: coming up la

katie: always great to see you. coming up, wall street heavy weights planning a new exchange to take on new york's dominance. the details coming up. this is bloomberg. ♪ katie: blackrock, sit it out and other investors backing an upstart texas exchange to challenge new york dominance. pessimists could say this is a long shot in the lone star state. how hard is it to build and launch an entirely new exchange? >> they have to get approval from regulators so they will file with the sec and once that gets done they have to gain momentum and see the trading start to happen. whenever you have a new exchange, what needs to happen first is the volume increases and that incentivizes investors in market makers throughout to that exchange. if there is increased liquidity, that means there will be better pricing more often and that is why some in growing their own liquidity have been able to keep dominance and volume high over time. katie: it is a good point. it is all about liquidity and also on the timeline, a lot of steps. i

katie: pedestrian. you think it would be more given the fact nvidia is up 200% this year. the benchmark index, the s&p tech index is seen as the gauge of how tech stocks are doing in the s&p, that's up 30%. this etf has underperformed the benchmark. katie: pretty wild that drop off in the allocation, that's by design. the investors in this i imagine are frustrated. the technology select sector fund you would expect you are getting tech exposure but it is up in the air whether we will see that flip-flop between apple and nvidia. emily: chris harvey, our analyst, has now predicted when the s&p indices rebalance at the close today, we could see a flip between the weight in nvidia and apple. apple is 20% now. it would drop down to about 5%. nvidia would get the second largest holding. these market caps are net and -- and -- neck and neck, but like you said this etf has not given the full gains of nvidia this year. katie: indices imply passive. still, people have a lot of discretion. we are talking about an

katie: good perspective.hink about what we heard from jolts and adp, maybe it takes some edge off what we heard from nfp. we have some news coming out from citigroup economists changing the first rate cut to september. he had been on for july. no longer. i'm sure there are plenty of people asking, how does the fed cut at all this year when you look at the labor market? >> citi was forecasting a recession. that is why they were forecasting a july rate cut. the jobs report is not recessionary. it is soft landing. we were at september already. the reason we think the fed will be able to cut in september and december is we think inflation is going to proceed with moderation. it is going to keep increasing at a slower pace. we see the beginning of the year as someone off adjustments. we are going to see some feedthrough from real-time rent indices into the housing component. we do not expect server core services will keep increasing at the same pace. we think good disinflation is going to continue. when you wrap a

katie: i appreciate that context.about what your agents are seeing and hearing right now. we heard from abigail that some of the revenge travel that we have been feeling over the cup -- past couple of years, maybe that impulse is starting to fade. airfares are high and complaints are high. what are your agents seeing when it comes to air travel demand right now? james: demand overall has evolved. i would not say it's not there anymore but it is no longer revenge travel. it's the new normal. that people are traveling and travel is more important to them and we know, statistically, they are spending more. so, we have tremendous growth in the industry this year, we are coming through several years of outrageous growth. i mean boom years. we projected conservatively this year and we are actually quite far out ahead of projections. the cruise industry is growing at at least a 30% year-over-year rate. the land-based vacations, the growth story there is in europe. as your reports said, domestically, we are seeing something d

katie: absolutely.e think about in taiwan this week where a lot of news was made from these chip companies. also a big topic of conversation was the notion of a ipc's. if we think about the next exciting narrative, ai pc's could be up there. nancy: i think that that will be an upgrade cycle to end all upgrade cycles. it will benefit microsoft, probably hp, dell. you want to participate as an investor, because this is pivotal. we have talked before about our analogy to the 1990's. some are saying that that is not relative, there are a lot of differences. of course there are, but there are a lot of similarities. a major one that we saw with unit labor costs lower than expected for the first quarter and revised down from the initial numbers but productivity still in a really impactful level. 0.2. i do think that we are in a productivity-driven growth environment. it is going to be driven by things like ai pc's and software applications. katie: upgrade cycle to end all upgrade cycles. it will be interesting

katie: it was popular before. but tell me about blackberry, another blast from the past. >> most people knew it from before everyone had phones. it has now transferred into a software company out of canada. the stock is up by more than 14%. the revenue was at $144 million. it was versus estimates of 135 million. blackberry had a solid start to the new financial year. we also saw an upgrade to perform -- outperform from neutral. overall, a turnaround story on this blast from the past. >> it is incredible how high the expectations are for so many of these chip stocks. we see the stock moving down so much. as much as 6% after the sales forecast fell short. adjusted revenue. the estimate was about seven point 6 billion. the guidance came in above average aniline -- analyst estimate. the bar is still high. we are seeing a weakness. just off the back. the earnings and the outlook both beat expectations. clearly elevated. they have a more optimistic tone. the upturned thesis remains intact. katie: we appreciate that roun

katie: really appreciate the breakdown. you have a busy day ahead because we will have full coverage of what the fed decides. let's turn now to the markets and record highs we see in the stock market because joining us now is larry adam, raymond james chief investment officer. i am looking through your notes and you said it before it these inflation numbers that you still forecast the fed is set to cut rates two to three times this year and that certainly looks more likely now. larry: we have been looking for two to three cuts this year with the fed probably starting in september. it is pretty much what we have been looking for and waiting for this disinflationary trend to continue and you can see it on a broad-based perspective. we have seen it on apparel with oil prices, new cars, airfares. these are things that tend to be more economically sensitive and are starting to come down which leads to my second point and that is that the economy is slowing and we think gdp growth for the second and third quarter could be around

katie: that's a good point.hen it comes to the fiscal trajectory, maybe looking untenable at the moment. i don't think a lot of people would disagree with you. let's talk about the monetary side of things. one of the questions out there is when will the fed deliver its first cut but it probably doesn't want to have the appearance of being political. how much of a consideration is that for jay powell at this point? >> it's hard to know. to the extent there is no coordination between fiscal and monetary policy come it was strike me chairman powell is probably not at risk of seeming overly political. the fed should probably stand pat but my own opinion doesn't matter. i think the fed wants to ease this year and is likely they will ease. i tend to believe the consensus that september is the most likely time they would do that. as we know, the fed has a dual mandate and inflation is too high in the cumulative effects of inflation are still impacting people but there are signs that the employment picture is probably w

katie? let's go back this way. way. >> katie: anywhere?g alone. i go alone a lot of places. two weeks is a long time. >> greg: do you want to talk about it? >> katie: maybe later. >> greg: cool. i'll be here. kevin, two weeks to go somewhere alone. >> kevin: ireland. i love ireland. it's a beautiful country. it's easy to get around. but you can see the whole country in two weeks. people are lovely, so you make friends at every pub, every restaurant. >> greg: you think you make friends. >> kevin: so they tell me. >> greg: then you wake up -- >> kevin: an ice bath, missing a kidney. >> greg: exactly. i always wake up with an extra kidney. i have seven. [laughter] i have so many kidneys right now. in your face, people without kidneys. jesse. >> katie: wow. >> greg: you have to go two weeks somewhere and you have to go alone -- we all hope you might do this soon. where are you going? >> jesse: we are going to go to alaska. i don't know why i said "we," but i would go to alaska because my wife doesn't like cold weather and she likes more tropic

katie: let's talk about ai. we opened up with a conversation about tech and what we are seeing when it comes to the big chip makers very how far can you follow the ai storyline? i hear more and more about utilities, data centers and copper. how far does it go? dana: it is interesting because a boom this year and we will have the storyline and narrative around everything is ai because we need copper for ai and energy for ai. so therefore the energy companies should get a boost. any aspect of the supply chain you can somehow attached to the ai story could potentially get the boost. i would say this is the time for really a fundamental look at these different thesis and say what companies do stand to benefit and what companies are being lifted up saying that all roads that lead to ai can be higher. as an investor you have to be careful. there are ways to play it. think internationally and the semiconductors. the story is there but they aren't pressing in something like nvidia. there is definitely the opportunity an

i'm katie greifeld in new york. take a look at markets, interestingly, some of those gains you saw yesterday and at the trading bill starting to come back a little bit. s&p 500 still higher but only to the tune of about .1%. we had a big, big rally after cpi and then the fed meeting yesterday. but gains cooling a little bit. the nasdaq 100 is the outperformer right now, up about .8%, a healthy margin. a big winner and a big loser, and that is your small stocks, small caps currently down about .7%, certainly not feeling the love today. let's get back to that eco data because u.s. producer prices unexpectedly declined in may, the biggest dip since october. mike mckee, unexpected more good news for the fed. mike: it appears that way, maybe we are starting to see some possible flaws in that, and that make the why the markets are pulling back a little bit. we did see jobless claims rise, and remember jay powellthere's e same thing happened last year, this exact same week, so does it hold that jobless claims stamped or wi

katie: bring it home. jess: another ai-tight play, when you look at the deal for nokia. 70% of the deal will be paid in cash and the rest of it will be the nokia american depository shares. a $2.3 billion deal. i was talking to our equity team when it comes to the regulatory process. she was saying that it could be lengthy because nokia would be buying a u.s.-listed company here. that is something to watch. if you look at this, up about 18% come on pace for the best day since november of 2022. nokia, the u.s.-listed shares are up close to 2%. katie: really interesting potential m&a. have a great weekend. coming up, president joe biden and donald trump trade barbs in the first presidential debate. all of the details and fallout next. this is bloomberg. ♪ pres. biden: we brought down the price of prescription drugs, major issue for most people. we are working to bring down the price around the kitchen table. steve trumpian has done a poor job in inflation is absolutely killing us. he inherited almost no infl

>> katie: are we having a party? a huge party! >> greg: but i'm an amazing 60, let's be honest. yeah? >> judge jeanine: don't even. [laughter] >> jesse: i could make my legs longer. >> greg: they have surgery for that. okay, judge. judge, what is the best thing about the age you are? >> judge jeanine: i'll tell you what it is. it is not so much because you have gotten where you want to be, and i'm not saying i have or haven't, it's just that you just mellow. >> katie: mellow? >> judge jeanine: yeah, i'm mellow. >> greg: you are mellow? can you imagine her 20 years ago? >> harold: two years ago! >> judge jeanine: it's like you've seen it before. you can't get excited. you know what to do. you know what the game is. and you know what? i'm loving my life peered >> greg: that's why we don't protest. would seen it all before. harold? >> harold: i agree with the judge, i am calmer. i rely on experience when my kids were young. i think of ways i can influence what they are doing, make them better people. some people say you

[laughter] >> katie: not until the air conditioner gets fixed. >> richard: katie?their massive homes, than they should be asking grandpa, but until then. >> richard: greg? >> greg: "the washington post" is in deep trouble and right now they are not even trying so they have a chart, right, with all of the topics in your life and they just apply climate to it or racism to it. that's cargo stories. sometimes they will go, is racism causing climate change? is climate change causing racism? is holding onto your house bad for the climate? is holding on to your house bad for racism? maybe they had darts and throw the darts and that is how they get a story. you can actually do this story without that. you can actually say maybe we should think about new communities that are centered around shared access, get people together. not a bad idea. they screw it up. >> katie: don't we already have those? >> greg: the villages. the villages have a good idea. i will be there in a couple of years. >> katie: there's a lot of roommates. >> richard: greg is moving. judge jeanine is not

katie nasdaq 100, higher.nd meanwhile, it's the small caps, the little stocks that are the biggest loser today the russell 2000 off by .4. but let's talk about a big winner, at least for one day. because shares of rivian getting turbocharged after announcing a $5 billion pact with volkswagen. it gives vw access to rivian technology while rivian gets a mush needed infusion of cash. while wall street celebrate the deal, the head of equity analyst says to pump the brakes. >> this is huge sigh of relief rather than a celebration. but it's $5 billion enough for them to meekfully -- meaningfully rival what tesla is doing? katie: joining us on boum is ed ludlow. how substantial is this for rivian going forward? >> a lot of staff of rivian is that it derisks the balance sheet issue. a lot of people have focused quite singularly on rivian's rate of cash burn as recently as the first quarter of this year and they're still losing about $40,000 for each vehicle they build. and it's interesting because they have a lot of c

katie: thank you so much.d to extrapolate out the whole foods foods performance from amazon's stock performance itself. definitely see the point. let's keep this conversation going with jason buechel, the ceo of whole foods. it is great to see you. >> happy to be here. katie: let's talk about the whole foods market daily shop, your version of the convenience store. talk about the initial rollout what locations you are starting and. >> we have the first store in the fall in the upper east side with two more stores coming to manhattan. we are also confirming we have five stores in york city coming after the very first store. this store will be approximately 10,000 square feet plus or minus depending upon the location so about a quarter of our traditional whole food market store. our goal is to make it easy for customers to do a quick shop, grab and go food. the juice and java program is a quick way for customers to get the essentials they need on the go. if you look at manhattan, it is difficult to add an entire

so nice to have you back, katie. i congratulate fans on the publication of a book that could not be more timely. a was learned by both of you by me during the process. let's start with those momentous days. 1989. those of us who were old enough remember it well. november 9th, the fall of the berlin wall, just year and a half after reagan said, tear, it's down. that's when you know speeches matter. literally a year and a half afterwards, people of the captive nation of east germany with their hands with took down the berlin wall. however, at the same mike found an article had been published by felicity berenger, which is a very different take on the events of 1989. you introduced that article to me, katie, would say what was shocking about? berenger this article and why it really is the preface to this new yeah, sure. so you know, one of the reasons that we wanted to write the book was we wanted to understand how we've gotten to where we are. and i thought, you know, mike's found a really key clue, which was this arti

ok, katy and r an, nothing new in it. ok, katy and ryan. thank— nothing new in it., sky news, we spoke to both of them earlier on on the news channel that we don't need to talk to them, and over there, you concealed the journalists still a hive of activity. we are fact checking —— you can see. we are giving plenty of analysis on the bbc website. there is a qr code next to me. you'll get all the information and postevent analysis. from the spin room, things are turning to pack up now, i will hand back to you, kylie.- hand back to you, kylie. ra'ini, thank you. fl hand back to you, kylie. ra'ini, thank you. let's i hand back to you, kylie. ra'ini, thank you. let's take �* hand back to you, kylie. ra'ini, thank you. let's take an i hand back to you, kylie. rajini, l thank you. let's take an in-depth thank you. let's take an in—depth look at what happened tonight with our political editor chris mason. is tonight the night you can turn things around, prime minister? the big question for rishi sunak. the polls aren't budging. could this be the moment for a game changer? an

ladies and gentlemen, please, katie and mike, for some reason goes by gundy solvers on twitter katieucated in today's i went to harvard come on and at gawkerside the authors will stay around to answer your books. a thank you to dr. roberts and thanks to the heritage foundation. thanks for coming person. god bless. thank you■j for.

>> katie: swimming and went too far chasing deer and got rescued. >> katie: thanks to them for makingo top that cancer patient mega fan, one of his favorite contestants helped prepare a meal for his family, 11-year-old elijah was diagnosed with osu tio sarcoma took up cooking to help with his treatment, zsa zse jeanine. together the pair cooked up impa nadas, cooked up crab cakes. chocolate chip cookies for the whole family to enjoy. it was beautifully done. >> judge jeanine: i think that is a wonderful thing. learned ghuf cooking. that's it for us. have a good night. do you cook, bret? >> bret: i do cook just a little how about you? >> judge jeanine:

easier said than done, though, katy. katy: definitely easier said than done.nteresting, car server -- keir starmer talk about wealth creation, trying to distance himself from some labour leaders of the past, and at times, almost had to trust back, not saying that they are unfunded tax cuts, but by what is best in the house and grow, keir starmer was effectively saying no, we do not need to talk about tax rises over standing cuts and all these things, we need to move the fork focus, put our minds to it, planning reform, and we will get there. but it does beg the question, what happens if they don't get there? because the manifesto, i think, is probably as notable for what i did not say as what it did, because yes, it did say no tax rises when it comes to working people, when it comes to income tax, national insurance, but there is clearly space them if they need to, to potentially raise, for example, capital gains tax, some other taxes. this is not what they will undo immediately, but if the growth does not come, then they will probably have to resort to that w

i don't know. >> katie: probably getting close.ces on the current price president? >> harold: ordinarily vp choices are great for the first 24 hours. you get a focus on the campaign, intense focus, you focus on the most positive things about the person who has chosen, their family, their accomplishments in life. the most positive and favorable light is shined on that person in the campaign. and then it kind of fades. into the background. i think this election, to issues that really are not always important for presidential races, one is a vp choice and twos foreign policy, will emerge as more important issues, and you have to think about the kinds of challenges we are facing around the world, security, what is happening in the middle east, all between and around. i was a nominee for president, and i had to pick my vp nominee, and a lot of those things would be circulating in my mind. i mean, i don't know doug burgum. i've met marco rubio a few times. i've never met j.d. vance. i'm surprised there's only one woman on the list. i thi

i'm katy tur in for chris jansing. floods in texas, wildfires out west, and scorching heat right here in the east. what is happening right now and when will it end? we've got the forecast. >>> also ahead, the new law in louisiana that the governor says he can't wait to get sued over. how he's defending a mandate requiring the ten commandments be displayed prominently in all public classrooms. >>> and seven days left. we are one week away from the first presidential debate of 2024 amid brand new polling that shows president biden is gaining. >>> let's begin, though, with that weather. in texas, heavy rain and storm surge from tropical storm alberto has caused serious flooding, as you can see right here with coastal areas underwater from 5 to 10 inches of rain, along with that storm surge. >>> new mexico is also dealing with what the national weather service says is extremely dangerous flooding, but look at this. the wildfires are what's really causing problems in new mexico. the state is reeling. hundreds of structures

at times, katy, it was just difficult to watch.tand, she was brushing away tears. we saw her father hunter biden cry and have to wipe away tears from his eyes as she initially took the stand, the first lady jill biden was in the courtroom today as well. she had just come back from france to be there for her granddaughter as she gave this testimony. it was absolutely a difficult day for this family. and the sum total of it all is it's not clear whether or not she delivered the message to the jury that the defense wanted them to hear. and that led the defense to change course. they initially talked about having james biden testify today. they told the judge that they decided not to have james biden, who's of course the brother of the president, the uncle of hunter biden who's close with hunter biden. they decided he wasn't going to testify today, and they're now regrouping and not going to call their next witness until monday morning and that opens up the door, katy. will hunter biden testify in his own defense. it remains an open qu

so nice to have you back, katie.congratulate fans on the publication of a book that could not be more timely. you by me during the momentous days. 1989. those of us who were old enough remember it well. november 9th, the fall of the berlin wall, just year and a half after reagan said, tear, it's down. that's whenl1 you know speeches matter. literally a year and a half afterwards, people of the captive nation of east germany with their hands wall. however, at the mike found an article had been published ba very differente on the events of 1989. you introduced that article to me, katie, would say what was shocking about? berenger this article and why it really is the preface to this so you know, one of the reasons thatwe wanted to understand how we've gotten to where we mike's found a really key article from9 written i think plied several months before the fall of the berlin wall, where felici barringer wrote in the new york times that marxism had colleges. marxism had gaccepted. and she's writing that in 1989, 1989. a

to talk to hamas directly, katy. >> what about that? in israel, matt? i mean, after benny gantz resigned and the war cabinet, netanyahu was pushed farther to the right. what is the prospect of the u.s. making a deal with hamas do to benjamin netanyahu's ability to continue to lead? >> reporter: i mean, these negotiations have been going on almost as long as the war itself, since october 7th. and this is antony blinken's eighth trip to the region, and that doesn't count the trips that william burns, the cia director and other diplomats have been making to the region, trying to do the same thing, shore up a deal like this. you mentioned benny gantz, and i'll get to that, this operation is appalling. they called it a brutal massacre. hamas said this on saturday. nearly 300 palestinians killed. some 700 who were wounded, dozens of children who were among the dead. this according to the gazan health officials in the gaza strip. so they are outraged and probably further away from making some sort of deal. benjamin netanyahu for his part, and

katie: it is a good point. there's a way around that bond market volatility but on with that where is the haven in this market? where are you finding that? >> the haven so far has been equities. it is low volatility, reaching new highs on a very regular basis. so there's been a lot of comfort. you and i chatted about it earlier where you can look at all of these different metrics to show you investors are pretty confident and feel very safe and secure in their equities. so, we certainly are still very constructive on that. and i would say cash. you are still earning a very nice yield on cash and money markets don't tend to react to rate cuts until they happen. so you can keep that 5% cash return from now until probably isn't. that is not a bad play. katie: certainly a lot of investors agree with what is still $6 trillion in money market funds. lets talk about risks we know are coming the presidential cycle. you think of with we are seeing in france and upheaval that is caused in some european markets. is there

our coverage continues with "katy tur reports" right now. >>> good to be with you. i'm katy tur. what will happen if donald trump wins the white house? his allies are telling us. time for red state ags and d.a.s to get busy said republican congressman mike collins. every facet of the republican party's politics and power has to be used right now to go toe to toe with the democrats, said his former white house adviser stephen miller. go after biden and his entire crime family, said congressman ronny jackson. time to fight fire with fire, said senator marco rubio. who nbc news now reports is on the short list for trump ears vp. in other words, i think you can sum it up as revenge. in fact, that is the very word the candidate himself is using most on his truth social app. revenge. he's even all but saying the word out loud. here is an interview he did last night with news max, regarding a potential political prosecution of hillary clinton. hillary, with the hammering of her cell phones and all of the things she did, but wouldn't it be terrible to throw the president's wife and the f

katie: abigail doolittle really appreciate that. let's talk about what's coming up next because apple it's a bit of a delayed reaction but apple extending gains around 3.4% higher after the tech giant introduced its long-awaited new ai futures yesterday. we will discuss that next. this is bloomberg. ♪ you know what's brilliant? boring. think about it. boring is the unsung catalyst for bold. what straps bold to a rocket and hurtles it into space? boring does. boring makes vacations happen, early retirements possible, and startups start up. because it's smart, dependable, and steady. all words you want from your bank. for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. godaddy airo. creates a logo, website, even social posts... in minutes! -how? -a.i. (impressed) ay i like it! who wants to come see the future?! get your business online in minutes with godaddy airo >> apple's shares hitting a record high up more than 3% as cap trading kicks off a

katy?the supreme court in what looks like a gorgeous day in washington, d.c. >>> joining me now is dr. diane horvath, an ob/gyn. doctor, thank you for joining us. talk to me about how you and other doctors are seeing today's decision. >> i think we're relieved obviously, but i think this case is such a slap in the face to medical evidence. mifepristone is safe, effective. it's been supported by decades of high-quality research. this case should never have made it to the court. >> what would happen if there were another case that came that showed harm, showed standing? somebody, a doctor saying i was forced to use this against my will or a woman saying i used this and had a negative reaction, do you think that would open a door to all manner of lawsuits regarding other pills out there, somebody potentially having a negative side effect? >> again, this is such a safe medication and questions about safety and efficacy are dealt with in a regulatory environment and not in the court system. this

katy _ to australia. our correspondent in sydney, katy watson, - to australia.on, thank you. the us conference of catholic bishops has issued a formal apology, for the church's role in mistreatment and trauma inflicted on native american communities. from 1819 to 1969, a us government programme of forced assimilation saw hundreds of thousands of indigenous american children taken from their families and sent to boarding schools, dozens of which were run by the catholic church. survivors have reported mental, physical and sexual abuse. in a document released on friday, the us conference of catholic bishops acknowledged the harm the church caused to native americans, writing "the family systems of many indigenous people never fully recovered from these tragedies, which often led to broken homes harmed by addiction, domestic abuse, abandonment and neglect". for more, i spoke to christine diindiisi mccleave, former ceo of the national native american boarding school healing coalition. christine, thank you for taking the time to be with us here in bbc news. you are t

katie. okay, so i love tan. long story. is there another story that really stands out to you in this project? are there are you know, obviously there are 38 of them. they're all my babies and i love them all, but there are certainly some, you know, i'm an immigrant myself, there are certainly some that really resonate on this, you know, kind of emotional, personal level. one of them is bestiarum, which is this amazing indian gujarati restaurant talking to the chef there, you know, in some ways she had a very different immigrant experience from me. she came many years earlier. she had to deal with racial discrimination. she didn't speak english when she arrived. but listening to her talk about how strong she had to be, how exhausting it is to be a new immigrant. right, and then to hear this kind of wonderful story about how food had given her voice back, you know, i think i really could hear, you know, some some of my own story in the sense of just remembering how tiring it is when you arrive in a new country and everything

katie, thank you. jeffrey goldberg from the atlantic, let's bring you back in.l in 2019. tell us about that decision and what's happened since. yeah, well, it turned out to be excellent timing, because the pandemic hit the next year and advertising bottomed out. we're holding our own on advertising. we have good people doing it. and, you know, it's not going to be the primary source of revenue for this company going into the future. we've switched, actually, since 2019. we're now majority... you know, the bulk of our revenue comes from subscriptions, the consumer business, not advertising, but advertising is still an important part. but we launched this paywall. i mean, obviously, we're a print... we've been a print magazine since the 1850s. we've had long experience of being a subscription—based organisation. when we entered the internet in a big way in the mid '90s, late '90s, obviously programmatic ad revenue, other forms of advertising, became huge for us. but we finally decided, the company finally decided in 2019 to launch a paywall for a digital product.

katie, thank you. jeffrey goldberg from the atlantic, let's bring you back in. online paywall in 2019. tell us about that decision and what's happened since. yeah, well, it turned out to be excellent timing, because the pandemic hit the next year and advertising bottomed out. we're holding our own on advertising. we have good people doing it. and, you know, it's not going to be the primary source of revenue for this company going into the future. we've switched, actually, since 2019. we're now majority... you know, the bulk of our revenue comes from subscriptions, the consumer business, not advertising, but advertising is still an important part. but we launched this paywall. i mean, obviously, we're a print... we've been a print magazine since the 1850s. we've had long experience of being a subscription—based organisation. when we entered the internet in a big way in the mid '90s, late '90s, obviously programmatic ad revenue, other forms of advertising, became huge for us. but we finally decided, the company finally decided in 2019 to launch a paywall for a dig

katie, thank you. jeffrey goldberg from the atlantic, let's bring you back in.nline paywall in 2019. tell us about that decision and what's happened since. yeah, well, it turned out to be excellent timing, because the pandemic hit the next year and advertising bottomed out. we're holding our own on advertising. we have good people doing it. and, you know, it's not going to be the primary source of revenue for this company going into the future. we've switched, actually, since 2019. we're now majority... you know, the bulk of our revenue comes from subscriptions, the consumer business, not advertising, but advertising is still an important part. but we launched this paywall. i mean, obviously, we're a print... we've been a print magazine since the 1850s. we've had long experience of being a subscription—based organisation. when we entered the internet in a big way in the mid '90s, late '90s, obviously programmatic ad revenue, other forms of advertising, became huge for us. but we finally decided, the company finally decided in 2019 to launch a paywall for a digit

katie, start us off. the new york times is reporting there were a couple of ways in which trump could feasibly overturn this conviction. the judge, though, blocking off some of those ways, walk us through what we know here in the possibilities. >> the straightway would be the direct appeal and that an appellate court finds that judge merchan did something that was reversible error, although i have been following this since day one, since the indictment was released a year ago, and i did not see judge merchan do it. all pretrial rulings are also subject to appellate review, it's not just what happen in the confines of the trial itself, so we have to remind ourselves that there is a process that is going to play out, although, last hour on my show, i spoke to catherine christian, and she says we should probably have some type of appellate ruling by january or february of 2025, so it will definitely be after november of this year. the other way is becoming president of the united states again. it doesn't imp

our coverage continues with "katy tur reports," right now. >>> good to be with you. i'm katy tur. what is president biden hoping to get out of today's executive order allowing him to seal the southern border? he made the announcement just a few minutes ago saying the influx of migrants is unsustainable. quote, for those who say the steps i've taken are too strict, i say to you be patient. the goodwill of the american public is wearing thin right now. doing nothing is not an option. we have to act. he also said that without immigration reform, specifically the immigration bill which was crafted by a bipartisan team of senators and leaned conservative, by the way, signing an executive order was his only remaining option. that order is definitely going to go to the courts. the aclu has already said it plans on suing. and a number of progressive lawmakers including the congressional hispanic caucus are crying foul, saying this isn't what democrats want and that biden risks losing some liberals in the next election. so what exactly is the calculus? how much of it has to do with the rea

katy balls?at you can get social media and big internet companies to do, and also the impact a government can have in doing that, because obviously we're also talking on this show about the election, but it can feel as though some of these big tech bros, if you call them that, or, you know, tech chiefs have, you could argue, the same power, if not more, than some prime ministers do, in terms of what they have access to, but yet they are held to a lot less scrutiny than, you know, an elected leader would be. and you see with the uk government and online harms and so forth, and, you know, the struggle it is, you know, lots of tech companies say, oh, governments don't get what we have to do and why, but also just working out what is in the remit and, you know, getting other countries on board. i think it is a bit of a wild west and something that we're going to be debating for some years to come. well, in the studio it's all women, five of us. so that term "tech bros", i'd be interested in what all

katy balls?erms of what you can get social media and big internet companies to do, and also the impact a government can have in doing that, because obviously we're also talking on this show about the election, but it can feel as though some of these big tech bros, if you call them that, or, you know, tech chiefs have, you could argue, the same power, if not more, than some prime ministers do, in terms of what they have access to, but yet they are held to a lot less scrutiny than, you know, an elected leader would be. and you see with the uk government and online harms and so forth, and, you know, the struggle it is, you know, lots of tech companies say, oh, governments don't get what we have to do and why, but also just working out what is in the remit and, you know, getting other countries on board. i think it is a bit of a wild west and something that we're going to be debating for some years to come. well, in the studio it's all women, five of us. so that term "tech bros", i'd be interested in

katy balls? terms of what you can get social media and big internet companies to do, and also the impact a government can have in doing that, because obviously we're also talking on this show about the election, but it can feel as though some of these big tech bros, if you call them that, or, you know, tech chiefs have, you could argue, the same power, if not more, than some prime ministers do, in terms of what they have access to, but yet they are held to a lot less scrutiny than, you know, an elected leader would be. and you see with the uk government and online harms and so forth, and, you know, the struggle it is, you know, lots of tech companies say, oh, governments don't get what we have to do and why, but also just working out what is in the remit and, you know, getting other countries on board. i think it is a bit of a wild west and something that we're going to be debating for some years to come. well, in the studio it's all women, five of us. so that term "tech bros", i'd be interested

where is katie?ter: last month those accomplishments brought ledecky back to the white house. this time as the first swimmer ever to receive the nation's highest civilian honor, the president of medal of freedom. >> katie ledecky is the most decorated female swimmer in history. with ten olympic medals and counting. >> reporter: but recent revelations suggest ledecky may have earned one more gold medal. in april "the new york times" reported 23 chinese swimmers, including two who helped defeat ledecky and her teammates in a relay race, had tested positive for a banned substance just months before the tokyo games. chinese officials say the swimmers inadvertently ate contaminated food. the world anti-doping agency declined to take action. >> in this instance, it doesn't seem like everything was followed to a "t." so i'd like to see some accountability here. i'd like to see some answers as to why this happened the way it did, and i'd really like to see that steps are taken for the future so that we can r

katy made the most important point.pell with a sweetheart deal they almost got away with it but they didn't. i have spoken to a number of legal experts on the right side of things who say maybe this should not have been brought as a charge against hunter biden. no, others say this was not just a lie and try. he actually lied and got the gun then disposed illegally of the gun and tried to blame on people he think looked like illegal immigrants. have you unseemly thing to do on top of everything else. what the lawyers all seem to agree on is at least on the facts of this case this is open and shut in terms of his guilt. the question is do all 12 jurors agree with a very biden friendly jurisdiction and venue like delaware. >> trace: yeah. and the next question is does joe biden consider pardoning him he keeps saying nope, nope, nope. not going to happen. constitutional attorney mark smith explains why he thinks it might happen. >> there has been questions about joe biden's behavior in the past. some of his alleged business

in the meantime, follow the katie phang show on social media using the handle katie phang show. show on youtube and listen to every upset of the katie phang show as a podcast for free. just scan the qr code on your screen to follow now. don't go anywhere. msnbc reports with alex witt is coming up next. . all in one. to those with migraine, i see you. for the acute treatment of migraine with or without aura and the preventive treatment of episodic migraine in adults. don't take if allergic to nurtec odt. allergic reactions can occur, even days after using. most common side effects were nausea, indigestion, and stomach pain. it's time we all shine. talk to a healthcare provider about nurtec odt from pfizer. okay everyone, our mission is to provide complete, balanced nutrition for strength and energy. yay - woo hoo! ensure, with 27 vitamins and minerals, nutrients for immune health. and ensure complete with 30 grams of protein. (♪♪) you know what's brilliant? boring. think about it. boring is the unsung catalyst for bold. what straps bold to a rocket and hurtles it into space? bori

kennedy: katie, it's really difficult to watch those clips. now, minority leader in the house, hakeem jeffries says that setbacks are just set ups for a comeback. i don't know if you can come back from whatever is ailing the president. i'm not going to be like nancy pelosi and play armchair physician, but something is going on and what do you think is happening at this hour? >> first, i would say the country is in a very dangerous position right now with the president of the united states in this cognitive state that everybody can see around the world. all basis in europe are put on a heightened alert status and credible intel showing there could be a terrorist attack. this is what we're dealing with and the commander in chief only being available from 10:00 a.m. to 4:00 p.m.. the truth is democrats have known about this problem for months. i talked to a big democratic donor with big influence in the party five months ago and said we should have done this earlier. we should have had a real primary. kennedy: that was my question. should they ha

." ♪ ♪ >> i'm jesse watters with katie, to kevin, katie and greg it's 5:00 in new york city and thissthe 5"t. >> ♪ ♪ cheap fake alert we got 1 of those unedited videos of the president acting like himself that drives the white house insane. joe biden shuffling the speed of and it elderly men for poor memory as he makes his way off the tarmac the camp david held l up for the next several days with nothing else on hisle schedule except cramming likera crazy fozyr the cnn presidential debate lot rides in the bigeye because as the media puts it ifo i didn'tcr democracy is dead forever the press laid outis skyhigh expectations for his performance like not freezing. a >> he can't have a senior momene at this debateba that's what i heard from when i was in m wisconsin and michigan 2 weeks ago for focus groups what i heard from voters democrats who support biden are going to be watching the they want to make e he's up to the task. >> trump and his minions have done themselves such asuch disservice with the edited cut and spliced videos they are spreading around they lowerede the bar so much t