♪ jonathan: i am jonathan ferro with 30 minutes dedicated to fixed income.his is "bloomberg real yield." ♪ coming up, amazon joins the -- $1 trillion worth of bonds this year alone. white house volatility, gary cohn could quit. counting down to jackson hole janet yellen and ecb president , mario draghi meet in wyoming. we begin with a big issue, a day of -- and amazon joins in. >> that is the elephant in the room for us, what are they going to be tomorrow? >> it is concerning, but from a credit perspective you have an opaque business model. you don't have a lot of disclosure to the markets and that makes it tough for us. >> this is eyed at amec you see dynamic you see across the market, still after we are well into a fed hiking cycle, the borrowing costs are still near the lowest they have ever been. it remains a good time for corporations to borrow money. >> there is an ongoing demand for yield. you think about it, the fed has gone through a process of slowing downward shoot adjustment. it's happening at a glacial pace. there is an extraordinary demand. >>

jonathan there's something he can't fix. lose his leg. >> well i said, jonathan, i can't do your transplant until you've had your amputations of your legs, and you're up and moving around with your prosthetics. >> reporter: why? so he would be steady on his feet so not to stumble and injure his new hand. so the very next day after getting married, back to the hospital for the amputation of his right leg. >> we had our honeymoon in the hospital. it was lovely. >> it was. >> reporter: there was reason to be hopeful. so many high-profile success stories. oscar pistorius breaking records on that blade. a double amputee nearly taking home the mirror ball on dancing with the stars. you'd think an optimist like jonathan would be prepared, but it seems nothing prepares you for the moment when you're staring down at an expanse of bed sheet where your leg used to be. >> it took me by surprise that i was so emotional about having my leg amputated. when we left the hospital and i was getting into jennifer's car and i realized that i did

jonathan: ira?i can't wait until we're done with the debt ceiling but unfortunately is still coming. -- unfortunately it is just coming. we haven't heard the noise around it. we've been talking about here and there in bloomberg intelligence and markets. but you look at the news flow and if you look at what i have up on the bloomberg terminal, you look at the news flow and how many mentions the debt limit has in the past vezz -- in the past versus credit the default swap spreads in the u.s. and we're in the first inning here of talking about the debt ceiling. usually it's about two or three weeks before kind of that end date which i currently have at october 3 on my model is when we're going to start to see this. right around september 15, right around the time you get these corporate taxes that come in. everyone will nail down some date the government will default if they don't raise the debt ceiling, and unfortunately i agree that i wish it would just go away. jonathan: but it won't. ira: and we ca

jonathan: from new york city to our bureaus worldwide, i'm jonathan ferro with 30 minutes dedicated to fixed income. this is "bloomberg real yield." ♪ coming up, amazon shorts the debt issuance spend. almost $3ught trillion worth of bonds alone. could quitary cohn amid reports the next day that steve bannon could be fired. countdown to jackson hole. janet yellen and mario draghi meet in wyoming. we begin with the big issue, europe monster debt issuance and amazon joins in. >> that is really the elephant in the room for us. where are they going to be tomorrow? it's a little bit of a leap of faith here. >> it's a little concerning. from a credit perspective, you have kind of an opaque business model here. you don't have a lot of disclosure to the markets. that make it tough for us. youhis is a dynamic really see across the market. even after we are into the fed hiking cycle, the borrowing cost for the u.s. corporate and european corporate are near the lowest that they have ever been. this remains a very good time from a cost perspective for corporate to borrow money. >> this still is dem

jonathan: d.c. police and the family of a 13-year-old boy need your the circumstances have not been made clear surrounding the disappearance. but look at this picture. if you see this boy, the police want to hear for you. and in fairfax they are looking for an 18-year-old. miguel carrillo was last seen thursday night. the family tells police he was concerned when he didn't come home last thursday night. he was last seen in a wooded area in the mount vernon area. the police believe his disappearance may be gang related. nancy: a deadly incident with an amtrak train that caused massive backup on the tracks in the morning commute. this happened just after 7:00 south of b.w.i. penn line service had been suspended but the ride home should be on time this afternoon and this evening. developing overseas, another attack in paris today. a car once again used to injure a group of people. this time soldiers. the car wa barracks accelerating right into the crowd. six were hurt. three of them seriously. the susp

♪ jonathan: from new york city for our viewers worldwide, i'm jonathan ferro with 30 minutes dedicatedo fixed income. this is "bloomberg real yield." ♪ jonathan: coming up, the u.s. payrolls report delivers. jobs increase more than expected and unemployment drops to a 16 year low. former fed chair alan greenspan says there's a bubble, but not in equities. it's in bonds. hertz leaves investors flying blind. the auto company gives bond traders the silent treatment. we begin with a big issue. a solid jobs report in the united states. >> this is a very fine report. >> these are good numbers. >> this is a rather strong economic report, but i don't think it moves markets much. >> the unemployment rate ticking down, rates beating expectations. the wage number beating expectations. i think the recovery is continuing. >> until we see a look back at 2% in terms of that core inflation rate, the fed probably begins quantitative tightening, but won't raise short-term rates this year. >> the one thing that we are not seeing that was commented on is wage inflation. why are we not seeing wage inflatio

jonathan: two d.c. police officers describing the moment they ran into a burning home to save an elderly couple. the fire happened in northeast. tim barber talk to the officers about the daring rescue. they went into the building filled with smoke and flames. tim: and this property is still blocked all. they ran into the house, smoke pouring out. because of that, two people are alive. >> it gets into youreyes and lungs. tim: smoke-filled this northeast washington home. all these d.c. police officers could do was follow the cries for help. >> it was scary. you hear stuff burning darkness. tim: the fire started on buchanan street early thursday morning. -- while the part fire department rush to put it out, these officers ran towards the flames. >> we are no heroes. we do this every day. it's part of our jobs. tim: the officers told the people outside to the fresh air. all four were transported to the hospital. the officers both say they would do it again. >> it was a great feeling to help somebody. knowin

jonathan: totally. nancy: all right. jonathan: i guess. nancy: alison starling joining us now for a great cause. stuffing the bus. so many people out to donate school supplies. jonathan: we will try to get the microphone thing fixed. but let's go to steve rudin. a big game tonight. nothing holding back the redskins. >> this is a win. the nats will written, too. we will have mostly sunny skies. look how green and lush it is. no need to worry about a drought. inside the beltway. the lower 80's. we're i'll drift in the -- we'll drift in the 70's. there is not a lot. i wouldn't worry if you are going to the football game or the baseball game. nighttime lows 50's to 70s. mostly cloudy sky. the humidity level is sticking up higher so the stickiness factor will increase. talk about the montgomery county fair. it starts tomorrow at 3:00 p.m. lower 80's. mid-80's for saturday. chance of isolated thunderstorms. sundays we are looking for the temperatures around 86 degrees. watch out for the pop-up thunderstorms. sol could contain brief winds and hea

jonathan: 300 bottles of wine? erin: i'm always in for tha ryan zimmerman may be wanting to drink some wine right now. why were nationals fans disappointed? i will explain, ne z2gv6z zi0z y2gv6y yi0y hundreds of dollars on youmy car insurance. saved me huh. i should take a closer look at geico... (dog panting) geico has a 97% customer satisfaction rating! and fast and friendly claims service. speaking of service? it was in. out. in! out. in! what about now? that was our only shuttlecock. take a closer look at geico. great savings. and a whole lot more. >> and now the toyota sports desk, brought to you by your local toyota dealers. erin: during spring training, if you had said that three would not be in the nationals lineup, i probably would have been concerned. not seem toe does have affected the offensive production. that is in part because of ryan zimmerman, who is having an amazing season. solo home run of the second, 1-0 nats. he became the franchise's leader 906.ime with r.b.i. number this

jonathan: two hours. erin: i almost did not believe it. jonathan: it's amazing. speaking of power -- erin: max scherzer has the power, but there was also a scare tonight after he did something he had never done before in his big-league career. duke's is the perfect companion for so many things. it makes a tomato taste more like a tomato. it makes bacon taste more like bacon. it's a unique flavor. the texture is incredible. duke's really adds integrity to our recipes. duke's is smooth and creamy. it has a lemony edge. it's not sweet. it tastes like real ingredients because it's made with real ingredients. that compares to duke's. >> and now the toyota sports desk, brought to you by your local toyota dealers. erin: as a baseball fan, i love it when a pitcher goes yard, and tonight max scherzer hit a three run homer, the very first home run of his major league career. in the second, this was the big moment. he absolutely crushes it. the first home run of his career. into the upper deck. scherzer looked perfectly fine rounding the bases. but look as he warms up in th

you are watching "bloomberg real yield." ♪ ♪ jonathan: i'm jonathan ferro.is "bloomberg real yield." i want to head to the auction block now where there is an appetite for long dated bonds. lastly, at&t. this week. , gm the automakeeek, gm. the automaker sold $3 billion in bonds. united states treasury says it will maintain the issuance of longer-term debt at $62 billion. officials studied the introduction of ultralong bonds and borrowing needs to increase is the fed traces balance sheet. elsewhere, and eye-catching debt sale they got a lot of people talking. i sold $1 billion of bonds due in 2023 have yield of 6.75%. investor demand was massive. market pointing to this iraqi offering as a warning sign of a potential credit bubble, a debt bubble. a bubble is something that former fed chair alan greenspan spoke about this week. he told bloomberg by any measure that real long-term interest rates are much too low, therefore unsustainable. when they move higher, they're likely to move reasonably fast. we are experiencing a bubble, just not in stocks, but bonds.

jonathan: the u.s. court of appeals order the faa to take a closer look at the amount of space passengers have on commercial airplanes. the faa is looking into this. alison: uber says that it will launch its own credit card later this year. they are partnering with the british bank barclays. they would likely give points or credits for rides, but few details so far have been released. a hacker targeting your favorite shows on hbo. entertainment weekly reports hacker stole the script for next week's episode of "game of thrones." they also leaked episodes of "boller's" and -- episodes shows.ers" and other an uninvited guest at a newsroom in australia. jonathan: a real snake made its way into the editing room. the crew did not get worked up or even call in animal catcher. one of the managers used a coat hanger and shopping bag and put him in the bag and away he went to the outside. alison: i mean, look at that. jonathan: snake. alison: not even a sound out of the. jonathan: steve would have done the same t

jonathan: what about credit? important, and profit margins and corporate earnings a really important to credit investors. as the cycle expands in the ,abor market gets tight companies do not have the ability to push prices higher. it feels like there a price wars spreading across different industries. you saw the amazon effect, and we had airline or telecom price wars. stay down, margins get squeezed. i do not know of that is priced in. we are looking at companies with a lot of debt on the balance sheets come a how they perform dopared to companies that not. jonathan: overall, margins are still going up. the ingredients are the same. mid-single revenue growth. companies squeeze more out of it. capital spending is subdued. you are not seeing that aggressive expansion. cash flow is great. companies are paying more dividends and buying back shares. on it goes. for paul isxt leg 12 to 18 months, and you are buying now and for the next three years. good conversation. coming up tomorrow -- by the way, jobs friday. l gr

jonathan: can you imagine? alison: no. jonathan: that is ridiculous. that is the jackpot for the powerball drawing. someone will take it home or it becomes $1 billion. stephen tschida in northwest. we know the odds are stacked against us. but some, most who play are fant sizing about a chance of winning including you. stephen: we all fant size about the beauty of winning this massive jackpot. let me tell you, the people are pouring in here throughout the day. this is where they are heading around the corner to get that powerball ticket. it's a steady flow throughout the d. the tickets. we caught up with a lady and we talk to her about how much money she was spending. what she planned to do with the money if she won the jackpot. >> i'm going to buy $50 worth. stephen: that is a lot of money. >> that's all right. but if i hit, it will be more. stephen: we talked what she would do if she were to win. a lot of people buying houses or cars. that's part of the fun. but most people most likely overwhelmingly are not going to win but they like to think about w

jonathan? jonathan: steve, thanks. ordered out of the lynnhill condominiums building, they are telling the residents who live there, it's not safe for them to be there. maryland bureau chief brad bell with the new developments. brad: fire inspectors showed up early and fanned out across the blighted complex. they found a safety violations. filled and clogged trash chutes. not functioning fire doors. the fire chief announcing the team determined the lynnhill condos are unsafe for human habitation. >> the residents have 24 hours to remove their belongings. brad: then it got tense. angry residents actually shout down the chief's press conference. >> you got some money. >> thank you very much. that will conclude the press conference. >> you would cut it off real quick. brad: the two apartment buildings totaling 106 units have been falling into disrepair for years. they are condos. the condo association mismanaged funds, owners and respecters -- renters stopped paying and the problems snowballed. the utilities with will be

jonathan: that is a problem. so they are digging trenches with the high pressure air to protect the roots. the old soil mixed to allow the roots to grow and get water they need. michelle: coming up for us at "abc7 news at 6:00" -- burglars tear through a southeast d.c. radio station. the community is stepping up to help them get back on the air. jonathan: plus, two local folks struck it big. they didn't hit the win, the huge jackpot. they did pick winning tickets. we show you where and how much coming up. jonathan: well, sorry to say, nobody in our area won the huge jackpot on powerball last night. it was worth more than $758 million. that ticket was sold in massachusetts. locally, though, two tickets sold struck it big. matching all the numbers except the power ball. they were sold to the lorton and potomac shell on darnsston road in gaithersburg. that is $1 million each ticket. cheryl conner is in gaithersburg with how the store is cashing in. cheryl: the ticket scanner is getting a workout. >> i spent $40. i h

jonathan: that is cool. pregnant woman says two utility workers in new york city restored herphyte in humanity. when you hear the story you will understand why. she is eight months prague nant and she took off her ring at the new york grand central station because it was uncomfortable. she is pregnant. you know your fingers swell up. it gets bad. but she dropped the ring and it rolled in the sewer. she called 911. right? it gets worse. then she flagged down acon edison truck for help and the men said they considered helping her their good deed for the day. they jumped out and got in the sewer pipe and got her ring for her. alison: isn't that nice? i bet it made her feel better. >> them, too. alison: yeah. all right. still to come. why that could be a welcome sound when you fill up at the gas station. jonathan: first, cleaning up the damage after emily frenched f shocking case of road rage. a driver repeatedly ramming another car. how it all ended. what became of the driver at steve: i'm abc7's steve rudin li

that jonathan has. it's filled with liquid glitter. jonathan: c'mon! >> it cracks and the user becomes exposed to the sparkly substance and some consumers say i left them with chemical burns. it's a liquid glitter case sold online and major retailers across the country, amazon, nordstrom rack and victoria secret. after reports of burns the company with the consumer product safety commission issued a recall. >> 24 different models, all cases where the iphone 6, 6s and 7 are recalled. >> one person reported permanent scarring. another reported burns and swelling to her face, leg, and other body parts. >> 24 people worldwide. 19 in the irritation and burns. other turning to social media about other brands. a woman posting a rash she said came from the case. another a burn. the mixed bin cases retail from $15 to $65 sold in the u.s., canada and mexico. it was made in china. if you one stop using it immediately and return it to the place you bought it for a full refund. go to wjla.com and click on "7 on your side" for a link to the recalled cases and the mo

jonathan: this is a way to tuck in tonight.onths, a florida family had been hearing scary noises in the attic. tonight they found out they were not imagining things. when he finally went into the attic, he snake, six feet long. alison: ooh. init was actually bunking the rafters space right above the florida room chair where my wife sits. jonathan: awesome. over to a treeed branch. judging by the amount of shed its skin, they think the snake may have been living in there for a couple of years. a trapper caught the snake and is now looking for a more appropriate home. it was in there for years, what was it eating? alison: mice. jonathan: that's snake does not look like he has missed a meal. robert: check the attic, ladies and gentlemen. the redskins were on the racetrack with dale earnhardt junior sports is coming up. z2gv6z zi0z y2gv6y yi0y and now the toyota sports desk, brought to you by your local toyota dealers. robert: baseball, nationals-marlins, gametwo of a four-game set. in the fifth inning, tied at 1-1. theton crushes

jonathan: thanks. even if you have to stem away from the tv, you -- step away from the tv, you can get updates on the story and the breaking news. just log on to wjla.com/text want straight to your phone and to your pad. also happening moments ago in d.c., police are briefing reporters about two new murder arrests. stephen tschida right now at the headquarters with the new development and an explanation from the chief on why crime seems to be down. stephen: the d.c. police chief peter newsham spoke 15 minutes ago or so about this very violent weekend, the last weekend in july. he announced two arrests in two homicides from the weekend, one involving a teenager and the other a fatal stabbing. but we also asked him why d.c. is seeing such a dramatic drop this year in violent crime? it's down 26% over this time last year. the chief also addressing something that a number of people have raised as a potential factor here. the rainy, cool weather. take a listen. chief newsham: we have one of the best homicid

i am jonathan ferro.on, on holiday, the ftse 100 is closed. 19 history groups on the stoxx 600 in negative territory. we talked just before the commercial break that we had a decent week of gains for the s&p 500, the biggest since the middle of july. futures are stable and unchanged .cross the board you bills and notes coming from the market -- the treasury onto the market today. the story in the fx market, dollar weakness, euro-dollar pushing higher. still very close to january 2015 highs. euro strength story on the back of jackson hole and dollar weakness. let's bring you up to speed on headlines outside the business world. taylor: houston has never seen a storm like this one, and it may get worse. tropical storm party continues to pound southeastern parts of texas. record flooding has turned highways to rivers. harvey has crippled houston's energy industry. federal emergency officials say they will be in the region for years to come. president trump is renewing his pledge to make mexico pay for a borde

jonathan: good tip there. nancy: don't forget as we get closer to the back-to-school time newschannel8 and abc7 happy to join forces with united way and d.c. united to stuff the bus. august 10 you can bring the backpack and school supplies on safeway on 14th southeast. united way will donate the school supplies to the local kids. jonathan: still ahead at "abc7 news at 4:00" -- the burglary caught on camera. a 16-year-old girl inside the home at the time and how she got that guy to run away. that's up next. nancy: how a kid is making flying fun again a simple greeting at a time. a video you will want to share when you see it go down. autria godfrey has a first look at how to start wednesday with "good morning washington." >> thanks, guys. tomorrow on "good mo dollar company hiring thousands and how you could get a job on the spot in our area. plus, find ways to shop smarter and save bigs on back-to-school supplies. stay with us for traffic and weather every ten minutes tomorrow morning at abc7 fios is not cable

jonathan: we wish them all the best of lung, too. capitol police arrested a woman they say tried to bring a loaded handgun in the cannon house office building. the officers found her x-raying her briefcase. nobody was hurt but the woman is facing misdemeanor charges. nancy: the white house is embracing a republican plan now to overhaul immi standards with the new ones based on a person's merit and skill. democrats argue the plan simply way to slash number of people allowed in the country. on the same day as the immigration proposal, two brothers in maryland were deported. diego and lesandro came to the united states from el salvador while children. he has worked to pay for his brother's tuition that the scholarship wouldn't cover. >> if this is a win for current administration, if this is something they deem positive to deport college bound young men, then as a community we need to stand up and make sure it doesn't happen anymore. >> immigration agents claim the brothers were caught using fake i.d.'s in 2009 and told to leave the cou

jonathan: michael purves?h everything on technicals but one thing that's interesting is if you look at the positioning on the long euro positioning in the euro market, is very aggressive. through extreme positioning on the euro, you don't really get a good contrarian signal like you do another futures markets. in other words, this crowded trade could stay crowded for a while with perhaps a move slightly higher. jonathan: you mentioned the structural allocation into europe. you say there may be rate differentials but maybe it's a computer this a complete reallocation it to europe with money flowing back in it will cause the euro to strengthen regardless of what happens with rate differentials. agree, i think that story is in place and is only just beginning. if you look at the fund flow data in japan, there have been big outflows. a lot of that is going to europe will stop europe, swiss tells you the reallocation from safe assets is alive and kicking. the one thing i would highlight is that the ecb does not lik

jonathan: jonathan beinner:, sticking with us --jonathan beinner, sticking with us.eak: europe -- daybreak." ♪ ♪ jonathan: this is "bloomberg daybreak," to our viewers worldwide, futures positive, positive signs on the s&p 500. across europe as well, treading border -- water. about four hours, the bond market. the dollar index ahead of that is firmer, up by one quarter of 1%. that is on the back of euro weakness. [opening bell] jonathan: maybe they won't get the news about the papering from mario draghi next week. -- the back of that strongly strong retail sales, u.s. seven on the 10 year, crossing assets into the open. let's get to the cash open with abigail doolittle. abigail: the dow, the s&p 500, the nasdaq, off higher. the s&p 500 and nasdaq closed lower yesterday. the gains,holds onto it will be the fourth update in a row. he says that after last thursday possible decline, monday was the big game and it is about even. hard to tell whether the bears or the bulls are in control. let's take a look at the big movers in health care this morning. looking at the share

jonathan: this is the hive.structures visitors can go and hear the instruments to hear how the acoustics change inside the hive. you have until september 4 to check it out. that is cool. michelle: how fast we are on the vid joe. >> we set that up. michelle: i know! now something you might not want to see. jonathan: you can smell it if you don't see it. a pond that is disgusting. constitution garden on the map. along constitution avenue on the national mall. the park service is keeping a close eye on an algae bloom to took place in the summer. >> they pass by or through it every year. most don't know the name. but everyone seems to a agree that the constitution gardens needs to be cleaned up. >> i'm sure the geese would like it, too. >> part of this is what the ducks feed on. >> if you look down this, it's mucky and murky. >> on hot summer days the smell can be overwhelming. >> so a je blooms are typical to require the ongoing maintenance. >> this is a installation that is built without the 2017 sensibility of th

jonathan: thanks, steve. quite a scene at dulles airport, a robot rolling up to that van, trying to figure out what's going on inside. the bomb robot had to check the suspicious van parked on the departure roadway. a short time later, the all clear was given and no flights were impacted, but there was a short evacuation. alison: an after a tragedy in northeast. girl, a future college student, killed by a stray bullet while driving. stephen tschida is live in northeast. loved ones said she would have been such a star. stephen: yeah, a very determined young woman. she was shot as she drove through this intersection behind me. it was here that hundreds of people gather tonight to remember her. >> that was my baby. >> that's right. >> and i was not mad until i came over here where y'all killed her. stephen: broken hearts for a shattered dream and lost life. >> she was a good girl. she was perfect. the 17-year-old just out of high school preparing for college. a bullet pierced her skull when she drove into a shoot

jonathan: daring rescues in texas right now. help, from to schools to our restaurants, ways to help the victims right here in the dmv. tim: metro transit police say that a seven-year-old boy was almost abducd and it could be a game changer in the fight against childhood cancer. the new therapy called a breakthrough, next. >> now, abc 7 news at 11:00 am on your side. jonathan: the scenes playing out absolutely surreal. a tropicalt now depression, but continued devastation in texas. nancy: the death toll more than two dozen come with more than 30,000 people unable to go home. we have been tracking the latest on harvey. rich? richard: horrible new reports, the death toll at least 31 now, the floodwaters beginning to recede, but still so much devastation. 52 inches of rain. houston still a city largely underwater. >> neighborhood things are getting worse. richard: 13,000 rescued so far, including this nursing home in beaumont. patients chartered to the hospital. >> they gave me a ride on the boat to get here. richard: rescuers marki

jonathan: football season is upon us.just saw the ravens getting the win against the redskins, but it is the preseason. alison: a long season ahead. let's get a sense of how the tone was set from erin hawksworth, live from m&t bank stadium with the reaction coming in. hi, erin. erin: i was going to say the word atrocious comes game. the redskins looked sluggish in the 23-3 loss to the ravens. kirk cousins had a couple drives to forget. jay gruden was frustrated after the game. coach gruden: we did not play very well, obviously. you know, it's a start. we got outstart, but there, did some pregame warm-ups, came out of the tunnel, had six players, and we need to get better. erin: coming up later in sports, i will explain who was hot and who was not. right now the redskins are headed back to richmond, a 4 1/2 drive, a long bus ride. jonathan: i imagine a long quiet us ride. could energyt, drinks be a precursor to cocaine use? a study found people who drink them all more likely to use drugs. alison: ford bronco going up for s

jonathan: hopefully they get the dog back. thanks. new video of a terrifying robbery in charles county. the employees working in the back of the green turtle in platemen when three -- la plata when three armed men burst in. they force the man to open the safe and gone in 60 seconds. nobody was hurt but the armed men are on the loose. michelle: crime alert on metro. transit police there say the man in the video is using his phone -- this is a still picture of the take pictures up women's skirts. one woman caught the man in the act at a columbia heights metro station. when they reviewed the video they saw him spying on other women who may not know they were victims as well. if you recognize the man call the police. jonathan: a mixed verdict today in the trial of the former pharmaceutical c.e.o. known as the most hated man in america. martin shkreli found guilty on three counts of conspiracy, fraud but a jury cleared him of five other charges. shkreli known for the pharma-bro persona accused of funneling investor money to the companies l

jonathan: funny. minnesota the fastest man in the world uai the jamaican sprinter will run his final races this weekend in london. he won three olympic gold medals in the race. no other man has done that. by the way, he has horsed in that races and the 200-meter race. he has a good chance here. bolt is expected to participate in the 4 x 100 relay next week. his last competitive run. nancy: something you don't expect to see on the first day of school. doing decorating. high school seniors did the prank early covering the entire building and the trees. everything around in it to paper. a traditional plank in atlanta. students were asked to clean up the mess by lunchtime. that is a lot to clean up by lunch. michelle: i could use the tissue. nancy: next at "abc7 news at 4:00" -- wine. ofoscar win of the biggest bands in the world. we are helping you fill out the weekend planner after the break. >> i bought 2,000 doughnuts. jonathan: this kid rocks. we have an update on a 9-year-old out on a mission to mak

jonathan: thanks. coming up next at "abc7 news at 4:00" -- it's been just in the past hour that hurricane harvey strengthened up to a category three storm. landfall is imminent. we take you live to corpus christi. impacted. nancy: plus, is fema prepared to provide disaster relief. a closer look at the's that came after fire after katrina coming up. alison: ahead new at 5:00, watch out above. the catastrophic crash caught on video. oh, my goodness. we will tell you what happens seconds earlier. that and more when i return for "abc7 news at 5:00". (vo) there's a freedom about asheville. an unspoken invitation to discover who you really are. here, the world is a big, beautiful place filled with adventure. take it in. visit lonely planet's best destination for 2017. and let the magic find you. discovery inside and out. jonathan: check out this video. hurricane harvey blasting sand on the beach. imagine taking this video. you feel as if you are sand blasted. this is a major hurricane. the difference is it w

jonathan: lucky break. enjoy it.alison: world -- "world news to >>> tonight, breaking news as we come on the air. north korea just issuing its newest threat, responding to president trump. promising action by mid august, threatening to target guam. quote, seriously considering taking action. there are american military bases and nor than 160,000 american that is live there, after the president threat ntd to unleash fire and fury. also the raid by the fbi at the home of paul manafort. waking him up to conduct the raid. >>> the soldiers ambushed. the chase today near paris and the highway shootout that followed. our correspondent on the ground with what's now bec

jonathan: thank you. one person is dead and another missing after a house exploded. the house on bear run road fully engulfed in flames when they showed up at 4:00 this morning. they were able to put it out in an hour, the house completely lost. not employer at this point what cause -- not clear what caused the explosion. alison: the d.c. government today denouncing a wave of flyers that someone left all around georgia avenue in northwest d.c. they are focused on the horrifying crimes. that involve illegal immigrants. illegal immigrants they know to keep crimes like these from happening again. in a statement mayor bowser called them hateful. she said they will continue to work to address the issue to ensure that residents feel safe. >> there is anxiety on the local running trails after another attack against women. this happened wednesday. along the trail. tonight "7 on your side" is fighting back with how women can protect themselves when you are out on the trails. kevin lewis is live in arlington with t

jonathan: share your back to school pictures. upload them straight from the phone by going to burst.com/wjla. you can look for some of the pictures on the air at wjla.com. >> coming up next at "abc7 news at 4:00" -- for two or three minutes darkness in the middle of the day. we take you to the total totality zone across the country in a live report from south carolina. the east coast hottest spot. >> coming up new at 5:00 today, sniffing out what earned him a ribbon as a narcotic dog ♪ it's time for the biggest sale of the year with the new sleep number 360 smart bed. it senses your every move and automatically adjusts on both sides to keep you effortlessly comfortable. and snoring.... does your bed do that? the new 360 smart bed is part of our biggest sale of the year where all beds are on sale. and right now save 50% on the labor day limited edition bed. you'busted tail.rd. and impressed the boss. maybe, it's time to be your own. transform your career with strayer university's mba program today. let's get it, america. >> you ar

jonathan: both. alix: the answer is yes. jonathan: both.x: coming up later, david westin will be back from his vacation for one interview only, interviewing warren buffett. that will be at 11:00 a.m. eastern. you do not want to miss that. this is bloomberg. ♪ ♪ alix: president trump goes to missouri today to kick off his tax tour, getting americans fired up about reforms. it is set to emphasize populist reforms,ike why tax but not how. this approach is very different from the one that he took on health care. walk me through it. >> ok, i believe the white house has learned a lesson from health care. they knew the president was somewhat disengaged from the process and he did not really get hands-on and he did not go out into the country two americans how has health care bill -- to americans how the health care bill would help them. now on tax reform, they believe the president will be more engaged. he is starting with the event in misery and he will be going out, not necessarily getting into the details, but talking about why tax reform is so