caroline: jodi schneider, bloomberg political news director. miss the program tomorrow focused on u.s. cpi data and inflation, of course. announcer: from the heart of where innovation, money, and power collide in silicon valley and beyond, this "bloomberg technology" with emily chang. ♪

for more insight, bloomberg political news director jody schneider joining us now. caroline mentioned a few companies. amazon is delaying. facebook is delaying. they will -- were supposed to bring people in august, now september. now, saying they will wait a little longer. jody: it is confusing for individuals and companies. at first, companies were eager to come up with a plan to get people back and get the economy back. but now, with the fact that vaccinated people are still unlikely to get covid, still there is a lot of concern and worry about caseloads going up across the country largely among unvaccinated people. it has worried companies. facebook will not require people to go back until january of 2022. we are also seeing a number of other companies. caroline: i was talking to two female co-owners of a scam week. -- ofskim last week. what are people doing if they are bringing people back? and many have. getting people vaccinated is inherently what stops mutations. jody: the trick is to get everybody vaccinated and then you will not see the spread. companies st

the time when bloomberg news -- come at a time when bloomberg news heard there is a lot of policies at stake. we bring in anna ashton. thank you for joining us. as far as how the two politicalng. anna: i think the political regimes have been slow to engage in a way that makes it clear to the u.s. business community or the american people, and probably the chinese people, exactly what direction the relationship is headed. the biden administration has it seemed to embrace the trump administration's policy, but we know that they are engaged in an ongoing review of the china trade policy of the last administration and we have repeatedly heard that they are going to be rolling out their policies but it is all in good time. they really need to be considering what approach they are taking and how it fits into the larger strategic picture. getting all of those pieces aligned just isn't something they have been able to do rapidly. matt: it is slightly ironic, if i'm using the term correctly which i am sure about anymore, that they are meeting at the white house, these leaders with president biden, to fight the cyber security threats beijing, in a sense, backs. on the other hand, the

politics and new york. she's also at msnbc political analyst. she covered mayor bill de blasio michael bloomberg as the city call reported. first at the daily news and then the "washington journal." he served as national feature for the reporter beat and digital publication. in her first stop shows a step at a at the magazine in washington, washington, d.c. she began her career as a columnist and editorial board writer for the michigan daily at the university of michigan in ann arbor. mara gay grew up in brooklyn. without further ado please welcome emma goldberg and mara gay to the stage. >> hi, everybody. again my name is mara gay and i am lucky enough to be a colleague of emma goldberg and also a dear friend. i am so proud that she is here at the strand and her hometown bookstore able to talk about her first book with you, "life on the line." i just want to dive right in because she is the star, and so i hope you will with me. it's actually my first time moderating anything. emma, congratulations. i'm so excited for you. i'm just one if you could just start by telling us a little bit about thi

new york times editorial board in april 2018 where she covers politics for new york. maria is also a political analyst who discusses national politics. morrow covered mayor bill de blasio and michael bloomberg. first at the daily news and then the washington journal and in 2011 to 2013 he served as national features reporter at the daily and another publication owned by news corporation she was a staff editor at the atlantic magazine in washington and began her career as a columnist and editorial board writer with new university of michigan ann arbor. she is happiest in new york city and the great outdoors. without further ado welcome emma goldberg and mara gay. >> hi everybody. again my name is mara gay and i am lucky enough to be a colleague of emma goldberg and also a dear friend. i'm so proud that she is here at the strand at our hometown bookstore able to talk about her first book with you, life on the line and i want to dive right in because she is a star and i hope you'll bear with me. it's my first monthtime moderating anything . emma, congratulations . i'm so excited for you. i'm just wondering if you could start by telling us a little bit about this subject matter. i mean, your bo

bloomberg. ♪ >> from the world of politics to the world of business, this is "balance of power" with david westin. ♪ david: from bloomberg's world headquarters in newand radio audiences worldwide, welcome to "balance of power." as we come on air we are waiting for andrew cuomo to give what are likely to be his last remarks as governor. his resignation takes effect at midnight tonight, making kathy hopeful the states first female governor. to preview the remarks, we welcome bloomberg political contributor jeanne zaino. you and i probably watched governor cuomo yesterday on henri i thought that was his swansong. now he will talk some more. what do we expect. jeanne: he told new york magazi

politically motivated. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists analysts in more than 120 countries. i am vonnie quinn. this is bloomberg. haidi: we are watching nvidia after the largest u.s. chipmaker topped estimates on second quarter sales. the company is warning its bid is taking longer than expected. let's get more from our west coast reporter, ed ludlow. what stood out to you? ed: nvidia is able to grow. we saw a big surge in chip sales while being supply constraint. the chip shortage is still present and it will continue for most of next year. that is what executives have to say on the earnings call. nvidia is one of the pioneers of the business model that has been so much talked about over the last year almost or so that they designed the technology behind the tips and outsourced production to the likes of tsmc, samsung, and that is where the constraint is. nvidia did say that they were able to at least secure enough supply in such a way that they can meet their growth targets going forward. shery: what is happening with nvidia's attempt t

conversation is -- joined "the new york times" editorial y board in 2019, appearing regularly to discuss national politics. she covered mayor de blasio and michael bloombergcity hall reporter first at the daily news and then at "the wall street journal." she served as reporter at the daily, owned by news corp.. wasr first job in washington dc and began her career as a writer for the michigan daily at the university of michigan ann arbor. so please welcome emma goldberg to the stage. >> hi everybody. i am lucky enough to be a colleague of emma goldberg and a dear friend. i am so proud she is here at the hometown bookstore to talk about her first book with you life on the line i want to dive right in because she is the star. so bear with me this is my first time moderating anything. so apologies in advance. and so excited for you. can you just start by telling us a little bit about the subject matter? your book is among the first to be published anywhere about new york's first wave of covid which is brutal family have a hard time reading about the pandemic especially here in new york city. so why do you think it's important to keep writing and talking about

bloomberg. ♪ >> from the world of politics to the world of business, this is "balance of power" with david westin. ♪ david: from bloomberg's world headquarters in newv and radio audiences worldwide, welcome to "balance of power." we will start today with the main event in washington as the senate presses forward with the 2702 page bipartisan infrastructure package, even as democrats want to follow up with a $3.5 trillion budget chaser. congress what to do something about the debt ceiling as well. to pull all of this together and tell us what it means for the economy we welcome jason furman, president of harvard's kennedy school and he was chairman of the council of economic advisors under president obama. start with the infrastructure package. how material with this be for the u.s. economy, assuming it gets done, which right now i think like it will. jason: i think it is a plus for the economy. lo

politics. this is "bloomberg surveillance: early edition." i'm francine lacqua here in london. global news4 hours a day, on air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries, i'm ritika gupta. this is bloomberg. alix: in a year on year basis, prices still rose over 5%, but the rate of change is what is flowing. global effects interest-rate e.m. strategy research co. had recently cut another 10 years forecast to 1.6% to 1.9%. is it possible that inflation actually is the end of the story? zach: it is possible, and likely. a softer report followed a strong one less month. we think inflation surged on the back of reopening, on the back of fiscal's to mills and perhaps markets are under appreciating the extent to which inflation is going to decelerate into 2022 as the economy continues to normalize. we would expect to see more numbers along these lines, and if anything, maybe a little bit slower over the next few months, back to point to come the renwick -- active to -- back to .2. inflation will ultimately prove transitory. guy: what

political office in new york again. that is the advantage of going forward with impeachment. it is not clear whether or not they will at this point. haidi: bloombergolitics reporter there. lots more to come on daybreak australia. this is bloomberg. ♪ haidi: we are hearing now australian based data company is planning to back a per-share cash proposal of $15 91 aussie per share. we know those talks toward the end of last month have moved to the due diligence stage after eq to funds management value the company are close to 2.2 billion u.s. dollars. we are hearing the deal of $15.91 per share as the cash proposal is going to be backed. we will bring you that if we get confirmation of the takeover deal. let's get you to sophie ahead of the trading day. sophie: i want to highlight a note from jeffries. staying bullish on the topics. still seeing a cyclical tilt. they should be good news for japanese capital equipment makers as we have seen big ticket items going parabolic in places like the u.s. and south korea. turning to new zealand, the latest rbnz preview. the chief economist saying economy has moved quickly from resilience to frothiness given the

new york times in april 20, 1840 covers politics. she's an msnbc political analyst to discuss national politics. before coming to the times, mayor bill de blasio and michael bloombergreporter. the daily news "washington journal". in 2011 -- 2013 to serve as national reporter at the daily publication by news corporation. first stop she was stopped editor in washington d.c. she began her career as a columnist and editorial board daily at the university of michigan. she could open brooklyn. >> i am lucky enough to be a colleague and also a dear friend. able to talk about life on the line and i want to dive in because she is the star. congratulations, i am so excited for you. start by telling us about the subject matter. your book is among the first to be published anywhere first waves in public which is brutal. especially what happened here in new york city, moving toward her marching toward reopening, why do you think it's important to keep writing and talking about front-line communities and what they and we saw here in new york last year? >> i want to say i'm grateful i got to be in conversation covering the new york city primaries coming up, i'm grateful we get to

political gain. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. ♪ >> it is 1:00 p.m. in new york, 6:00 p.m. in london, i'm matt matt miller and welcome to "bloomberg markets." here are our top stories. u.s. stocks fall after a fed vice chair suggested rates could rise at the end of next year. we will bring you the latest on the markets. plus, european electric vehicle charging company allego will be going public. we will discuss the deal with the ceo. matt: bank of america bets on a return to business travel, we will discuss the bet as it unveils a new credit card aimed at executive travelers. now a quick check of what is going on in the markets. as we said, stocks are down, and they fall further after we heard from richard verda, not only about his expectations for fed rate rises, but also about the jobs situation. we are waiting for the payrolls number, expected to be less than a million gains on friday morning. the s&p 500 is down one third of 1%. and the u.s. 10 year com

new zealand to review covid strategies. more on the nuances and political shifts. this is bloomberg it is your monday edition of "daybreak europe." there is a repricing in the dollar. robert kaplan uses language like wanting flexibility, wanting the ability not to be tied to taper. that has begun to reprice in the dollar. the aussie is flying higher. there is a shift in rhetoric from scott morrison we might never return to zero covid cases in australia. the aussie collapsed by 3% last week. a little bit of a short squeeze. a short covering. you see the dollar now against the norwegian krone and dollar cad also rolling over. you see the commodity complex stabilize. a lot of this triangulate spec to the 4.5% ramp-up you have seen in chinese technology. it is kaplan's fed as well as opening the door to a different taper timeline than he originally espoused. he is the arch hawk. that has reprice the narrative across the fx spectrum. the dollar may pause. let me return to our top story. the covid-19 and the delta variant. you just heard from the prime minister of australia reviewing the

our guestsjoining me tonight arejo tanner, political strategist, and joe mayes from bloomberg. the headlines on bbc newserican soldier leaves afghanistan. the tough choices facing gps over who gets a blood test and who doesn't amid a shortage of test tubes. geronimo the alpaca has been put down by government vets over fears of bovine tuberculosis. his owner calls the action "barbaric". sport, and for a full round—up from the bbc sport centre, here's mimi. good evening, and welome to the programme. time is running out,on this summer's transfer window and the deals are coming through with the 11 o'clock deadline approaching. the biggest deal of the day and arguably the entire summer, cristiano ronaldo's move to manchester united, was confirmed earlier today in a deal worth nearly £13 million. the portuguese striker will be heading back to united from juventus. he's signed a two—year contract with the option to extend for a further year, and he says he's doing it for sir alex ferguson. elsewhere, tottenham have signed the barcelona full—back emerson royal on a five—year deal. the brazilian has spent the pa

politics that resonate for a while. guy: there's a pentagon news conference. you can follow it on your bloomberg terminal.ng you the headlines from that. obviously, all of this related, and we will watch the interplay of all of these various events taking place. let's talk about domestic agenda. we are trying to figure out what is going to happen here. we think there's going to be a vote on the budget on the next step, linking that with the next step maybe later on today. to what extent are the venn diagrams of afghanistan and what is happening with the domestic spending plan overlapping right now? terry: i think they overlap a lot more than many people appreciate, frankly. what you've got is a situation where, and this was developing side-by-side with afghanistan, but you've got a situation where , i always think of american politics as having four factions instead of two political parties. you've got two warring factions in the, chronic party, progressives and centrists, and you have the centrists saying enough is enough. we can talk about the human infrastructure piece when it is ready, but right now w

political and regulatory risks. speaking exclusively to bloomberg, the sec chair says the new rules will come into effect early nextor more, we are joined by julia fioretti. what is it the sec is saying? what are the changes that chinese companies listed in the united states need to be aware of? julie: the sec is expanding recent requirements that they had made for the companies that are looking to list in terms of greater disclosure in china. they are expanding this to the whole universe of u.s.-listed chinese companies. this is in effect for the likes of alibaba and baidu. they wish for the risks to b's clip -- to be disclosed in the companies' annual reports. much like the companies looking to list, they would have to disclose the risks they face on the various policy changes in china, and the risks their listing stages might also face, given that many of them use a vie structure. mark: how much will this impact chinese firms, and how much of it is priced already? julie: it depends. the ones that are looking to list, they've got a lot of work to do with bankers and lawyers in terms of amending their filings or m

. >> from the world of politics to the world of business, this is "balance of power" with david westin. ♪ david: from bloomberg's world headquarters in newdio audiences worldwide, welcome to "balance of power." earlier this morning liz shuler was elected the first female president of the afl-cio, succeeding richard trumka. later in this hour we will have the first interview with the new afl-cio president on "balance of power." we will start with afghanistan. as united states and its allies continue to evacuate amid reports of protests on the ground we tune to our washington correspondent in record turn at the white house. what is the latest from the u.s. government -- we turn dora white hart -- we turned our washington correspondent annmarie hordern. annmarie: the president will be making remarks at the top of the hour. his first speech, he did not take

. >> from the world of politics to the world of business, this is "balance of power" with david westin. ♪ david: from bloomberg's world headquarters in newradio audiences worldwide, welcome to "balance of power." house democrats worked into the wee hours of the morning and failed to come up with an approach they could agree on on the infrastructure bill. at this hour there back at it again. we welcome a congressman not part of those negotiations, probably not -- probably happy he is not, republican kevin brady of texas who serves as a ranking member of the ways and means committee. i am not sure you want to be in that scrum. give us a read of what is likely to come out of this. rep. brady: it has been a -- it has been stunning to see the speakers absolute disdain for the moderate

political news director jodi schneider with the latest. and the u.s. reaction. and beijing. the former hong kong exchange -- has told bloombergies of tightening measures is a natural progression of policy. as china tries to rebalance its economy. lee, who had launched a platform, is adding his venture is on the right side of history on policy issues. >> what we are doing is on the right side of history. what we are doing is absolutely on the right side of the political prerogatives. simply because we are not creating any financial systematic risk to china's financial system, we are spending in places where real financing should be happening. our system has become in this massive system floating on top of the real economy, what we are trying to do is put money into the soil come into the deep roots of the part of the economy that truly supports the gdp and truly creates jobs and truly provides fiscal revenue. >> what is your personal feeling about what is happening with alibaba? you spend a lot of your time is former hong kong exchange ceo bringing a lot of tech giants to hong kong. >> the market -- if you follow china really

. >> from the world of politics to the world of business, this is "balance of power" with david westin. ♪ [indiscernible] -- david: from bloomberg world headquarters in newand radio audiences worldwide , welcome to "balance of power." we heard from jay powell speaking virtually at the jackson hole symposium for economic policy. for an early read, we turn to kriti gupta. did the markets react? kriti: they certainly did. this is pretty normal to see the markets react. traditionally when you see a jackson hole move, the week before is always a risk on week on the exceptions being 2012 and 2016. we went in on a risk on tone and got a bigger reaction. stocks appointed percent. the initial reaction was down because chair powell did say tapering what happened by the end of the year. that should be bad

political and regulatory risk. the sec chair said the new rules will come into effect early next year. for more, we are joined by bloomberg's equity and capital market reporter. we heard that the clock is ticking. >> he said the clock is ticking. this is in relation to the accounting issue, an issue that has spanned two decades, chinese companies listed in the u.s. that do not allow u.s. regulators to inspect their audit books because of national consider -- because of national security concerns. this should result in potential delisting. gensler said he will start implementing that rule, so the clock is ticking. at the same time, he is pushing for more disclosure of the political risk that chinese companies face and the regulatory risk, in the wake of what happened in the past few months, the various policy moves which have led to sharp losses in many chinese stocks. both those looking to list in the u.s. and those already listed, alibaba, baidu, and so on. tom: how should we be thinking of how the act will play out for these chinese firms listed in the u.s.? julia: the bar has been raised significantly. the sec is not gre

bloomberg. haidi: still ahead, discussing the political cost of the u.s. departure from afghanistan and the impact on women and girls as the tele-been prepared to declare what they are calling a new islamic as merits -- islamic emirates. will be speaking about the markets outlook and rise in volatility. this is bloomberg. ♪ >> this week, the world is a little more dangerous. >> particularly alarming has been the military victories. >> the taliban have won this war. they took 20 years to do it and they have proven their strategy of patients will outlast the united states. >> the real process of the tele-been building a government actually happens. >> i do think those in the tele-been are going to gain some kind of international recognition. >> you're trying to talk to the taliban leaders in a peaceful, brotherly, patriotic way. >> what we want to make sure is we as the u.k. pull together our like-minded partners so we deal with that regime in a concerted way. >> the west should hang its head in shame as we abrupt the abandoned afghanistan -- abruptly abandoned afghanistan after two decades of effort. >> this will hurt the reality and perception of the united states. >> this is a h

politics -- >> there are things that causes great concern. >> to the world of business -- >> these measures will increase the economy's labor supply. >> this is "balance of power" with david westin. ♪ david: from bloomberg's world headquarters in newd radio audiences worldwide, welcome to "balance of power." we start today with a very special guest. senator elizabeth warren, democrat of massachusetts. thank you for spending time without. down at the u are spending a lot of time -- down at the capital you are spending a lot of time with infrastructure. there is a lot about cryptocurrency. we heard about the possibility of an etf with cryptocurrency. i know you've spoken out about this. what should u.s. policy be towards cryptocurrency. are we for it or against it? sen. warren: that is not quite the right frame.