. >> you have to have one northstar. many, many good leaders who are working hard and their numbers go up, and one of the things that we have found is the social safety net that enveloped the country during the pandemic when it with the child tax credit or some of the checks that folks got from treasury, we saw that folks were able to sustain themselves. so we know what works. we were able to stem a homelessness crisis during the pandemic because all of those supports allowed americans across the country. when those began to sort of peel away is when we began to see this increase. so while it was disheartening, i don't think it was truly surprising that as we saw that begin to happen, we saw what was happening. that is why we proposed critical steps last year to try to make sure that we were putting our resources out there. >> right. now that we've heard about some of the administrations housing priorities, where do you think the greatest opportunities or -- for bipartisanship around housing and meeting the housing needs

francine: your northstar, as it were, i've three ds. >> we're always trying to figure out what are the themes that are going to drive the world? today, the digitalization of everything, the decarbonization of everything and the deglobalization of everything are three megatrend themes that are going to be very dominant in investing for the next 20 to 30 years. francine: geopolitics is taking a turn for the worse. had you keep that trajectory saying we will digitize all over the place or how do you stay the course, as it were? >> but we try to do is find good countries, go there and stay there. invest in these things. and whether governments come or go or interest-rate still up and down aren't really relevant to these themes in the long term. need to make sure you have liquidity. you can find yourself and run good businesses. and that is more important than those general trends. we are investing for 30, 40, 50 years. francine: this digitalization the hardest because we don't really know where we will end up? >> i would say digitalization was happening because of cloud computing and the s

confirms the idea that the neutral rate is way above the 2.6% level that the fed has been using as a northstarew, it puts back on the table -- it is still not what i would expect. sonali: obviously this is not being priced into the markets right now. how do you see the wrist moving forward? noelle: that is definitely a risk but one thing we have not talked a lot about in terms of market participants is the influx we have seen from non- u.s. persons into the u.s. and how that has changed potential growth. we expect that arise a little bit this year. growth above consensus. it will not hit the ball out of the park in terms of growth but we expect potential to rise and that will keep inflation contained. we will see some disinflationary trends which takes the risk off the table. it is something we have to be watching and you definitely want to watch wages. if you take a look at the data points we do not see an overheating of the economy which ultimately plays into inflation over the long-term. sonali: this week alone has been telling. you watch the yields of the two-year move past 4.95, you have

francine: and i think your northstar, as it were, is three d's, right? bruce: yeah, look. i would say, over time we are always trying to figure out, what are the things, what are the themes that are going to drive the world? and today, the digitalization of everything, the decarbonization of everything, and the deglobalization of everything are three, i would say, mega trend themes that are going to be very dominant in investing for the next -- not the next two or three years, the next 20 to 30 years. francine: geopolitics is, i guess, taking a turn for the worse. how do you, again, keep that trajectory in saying, look, we will digitize? interest rates are all over the place, so how do you stay the course, as it were? bruce: you know, francine, what we try to do is find good countries, go there, and stay there. invest in these things. and whether governments come or go, or whether interest rates go up or down a little bit aren't really relevant to these themes in the long-term. you need to make sure you have liquidity, you can fund yourself, and you run good businesses. an

most of the resorts closed for the season yesterday, including mount rose, kirkwood, sugar bowl and northstar. however, you can still get in those last runs. palisades tahoe is planning to stay open through memorial day, weather permitting. okay, so i guess we're all going skiing. oh my in the next couple of weeks. what a year. it's effort here is here now. how you doing, jim? we're doing good. that's now our third year in a row of really strong rain and also snowpack coming in. so it's just such a nice turn after all of the drought years we've had recently. so when it comes to that weather right now the storm track is just off to the north because of this area of high pressure. so rain stays over washington and oregon. so we're going to get some warm weather. also that wind kicking up, i'll tell you as well, when we'll see some rain chances starting to return. let me get you into that microclimate forecast right now. and we're going to take it right into the wind. and tomorrow morning, i don't really see it being too much of a problem. it's only five to about 20mph. we'll start to see it kic

you know this it is an effort the northstar it was both a fidelity to the law and market reality. on both of those of friends the new documents really equips us to make sure we are fully with the wrist to less competition. or protect americans from those harms. twore areas in terms of the previous guidelines had not explicitly talked about our labor markets and acquisitions involving platforms on the labor market front the antitrust law is to protect everybody. that includes consumers. it also includes workers. we wanted to make sure we are very explicit in the guidelines that we will absolutely assess and analyze labor markets to try to understand mergers at risk of reducing competition for workers in ways that will harm those workers. and the different ways mergers can do that. it can increase the power to cut or freeze pay,/benefits or degrade working conditions. we got comments from workers and worker organizations noting even beyond your pay there are factors that really make a difference to workers lives like whether they're going to have predictable schedule. and examples o

today you are actually having northstar location. you had actually treating everyone from another model, nutrition every day because we have become rich veal become rich and it was here in our mind, right? it doesn't, we are not doing it when this person comes and me be jesus how to do it. right. so for me, 10 years, why india stock as in broad, you go anywhere the way they uh, and the immigration gone down the road and then they that is it a spectrum a i have a buyout of zone. i was, i mean i've been traveling abroad from 1993 on words and i and that i'm even allowed, happy to tell me that speaking english and i'm going to god because they were thankful. then you're going to do it. yes. and today, it's a different word, right? the most guy has hosted means you have 5 clue. let's cool before move the have agreed to team up with inside countries pro e u government. the opposition of 5 shows how cool into the driveway broke, supported by russia. now the real estate of say they are paving and seats incumbent, my son do you know so, but

today you are actually having northstar location. you had actually treating everyone from another model, nutrition every day. most of you have become rich, become rich and it was yes in our mind, right? it doesn't, we are not doing it when this person comes and me be jesus out of the way. right? so for me then years, why india stock as in broad, you go anywhere the date of avon and the immigration gone to the as you had an engine light that is at a spec. today i have a bias of zone. i was, i mean, i've been traveling abroad from 1993 on words. right. and that time people uh you happen to be telling me that speaking english in i made a god because they were thankful. then you're going to do it. yes. and today, it's a different word, like i'm in somebody's walk, you know, at you and in less than years that this society we have actually together of us for the age of human history was from 2020 march 2020 to mark. that is the go with it. last time maybe it was, there was no such thing. yes. but in this stood from the difference between a

back today you are actually having northstar location. you actually treating everyone from another model, nutrition, every day, most of you will become rich, will become rich and it was here in our mind, right? it doesn't, we are not doing it when this person comes and maybe just says how to do it. right? so for me, 10 years via the stock as abroad, you go anywhere the way they um, even, and the immigration gone through the as you had an engine light that is at a spec. today i have a buyout of zone. i was, i mean i'm traveling a block from the 1993 on works and i and that time people. oh yeah, but the telling me that it's beginning alicia in america because they were thankful . then you're going to do it. yes. and today, it's a different way that i can in some ways, want me to let you in less than yours, that this society we're actually together are the of us for the age of human history. was from 2020 march, 2020 to mark. that is the go with it last time. maybe noticed that or no 60 yes, but india stood from i believe the difference betw

today you are actually having northstar location. you had actually treating everyone from another model, nutrition, every day. most of you have become rich veal become rich and it was yes. in our mind, right? it doesn't, we are not doing it when this person comes and me be jesus how to do it. right. so for me, 10 years, why india stock as you go anywhere in the way they uh, even and the immigration gone through the as you had an indian lake that is at a spec. today i have a buyout of zone. i was, i mean i've been traveling abroad from 1993 on works and i and that i'm even, oh yeah, but the telling me that to speak english and i made a god because they were thankful. then you're going to do it. yes. and today, it's a different way that i can in some ways, warranty or that to him last 10 years. and this will say the we're actually together. or the last for the age of human history was from 2020 march, 2020, to mark. that is the go with it last time. maybe. yes, that or no 60 yes, but india stood from i believe the difference between a

joining me is the cio portfolio manager at northstar asset management good morning from london i'll gethat are your expectations when it comes to earnings for alphabet and microsoft do you believe there is anything from the meta earnings we see as a read into the earnings >> it is going to be a very interesting day for earnings after meta's disappointing outlook. one of the things we are watching and it will be a little bit different for microsoft versus google. microsoft has continued to power ahead with 30% growth in azure the issue is can they continue the momentum they have seen a big pull from a.i. come through with the cloud with the staff of applications and the github and copilot we saw 6% contribution from a.i. applications microsoft is more about can they continue with the high costs you know, they have guided to the spend that they have been investing in a.i. and it is not going to be the a.i. spend which is lineal and ramp up in cash. less read through meta >> if you don't mind, we had a guest here in europe who said to be a leader in a.i., you have to be a leader with the h

the northstar is truth.n when some of it offends some of the people that pay us for information. the truth is trump undermined faith in our elections in his false bid to retain the presidency. he sparked a insurrection intended to overthrow the government and keep himself in power. no president in our history has done worse. the facts involving trump are clear and as newspeople we cannot pretend otherwise. as unpopular as that may be with a segment of the readers. there are not two sides to facts. people that say the earth is flat did not get space on our platforms. if that offends them, so be it. well said chris. the truth matters but only if you hear it. we will keep bringing you the facts every night right here on the 11th hour. when we make mistakes, you can call us out on it and we will correct the mistakes because we are human. telling lies, on public platforms meant to help people get better and smarter, that is wrong and that is something we are not dissipating in. on that note, i wish you a very goo

confirms the idea of the neutral rate is way above the 2.6% level that the fed has been using as a northstart puts back on the table it's still not what i would expect but you have to take seriously the possibility that the next rate move will be upwards rather than downwards and anything could happen. markets could crash, indicators could turn down but on current facts a rate cut in june it seems to me would be a dangerous and egregious error comparable to the errors the fed was making in the summer of 2021 when it just did not get the thread. on inflation. david: chair jay powell has talked about specifically. are there aberrations you see in this data. you've some people saying this is really housing and auto insurance. there are a couple of outliers. is that right? >> you can always find particular indicators, that are up or down. when you are making up a story month after month that's a problem. when commodity prices are spiking and those are being taken as a market indicator of inflation expectations, when breakevens have risen, when the political economy of the country is heavily abou

>> i think it's important to know what your northstar is and what your dna is as a firm. is connected, people help each other around the world and ideas travel, relationships travel, that's allowed us to get to where we are. one thing where focused on is to make sure we retain that. as we've been building the firm, you add people before the businesses grow. it takes 10-15 years to get to scale him what we laid out yesterday's we have the people in the firm and we been building these platforms for the last 10-15 years and beyond so people are here and we are here and we're starting to get to this inflection point. lisa: it raises the question about how you maintain a sense of morale and people not feeling overburdened while expanding assets. this is something that a lot of companies are grappling with now which is you want to scale up and not lose culture and not get too big and not have too many middle managers and yet people are getting exhausted. how do you prevent that kind of development? >> the reason people join kkr in large part is because it is such an entrepreneu

that became my northstar, if you will. >> i served for many years with seeds of peace which is an organization are 15 or 16, you can get them to overcome these things before they get hardened. and fact, it wasn't just the view that kids can understand complexity and the truth but that they might be better able to have been able to understand it because they are not hardened. they may not be as hardened as we as grown-ups are yet. >> yes. in fact, that is just a biological fact. their brains have not solidified in the way that adults have. they are open to different ideas. and what is really unique and extraordinary about the israeli palestinian conflict is that it is one of those conflicts where you really do see that there are two equally valid, equally legitimate national narratives. this is a conflict in which both sides have done extraordinarily wrong things to the other. it is a conflict in which both sides have a very legitimate reason to be angry at the other side. and so, it is a perfect vehicle for kids to flex the superpower that you mentioned, which is empathy. and that is really th

northstar california, three hours, ten minutes. no chains needed on that route. heavenly though.hours and 17 minutes. a mix on this slide as well. you'll see at sugarbowl resort two hours and 52 minutes from the city. no chains needed on 8-80 there. sierra at tahoe two hours and 55 minutes, and then kirkwood three hours and 35 minutes. chains needed there. back to the desk. >> thank you amanda. looks like you still have to go to work today. nobody won the lucky powerball jackpot last night. worth $1.09 billion. so it means saturday night's drawing is an estimated 1.23 billion. here are the winning numbers. see, maybe you want a smaller prize there on your screen there. last time somebody hit this was new year's day. 40 straight drawings with nobody matching all six numbers. the new jackpot is now the eighth largest in u.s. lottery history. we do want to remind you that you have a 1 in 292,000,000 chance of winning, but pretend i didn't say that and go. just that and go. just . six northern california restaurants have been nominated for this year's james beard awards, and the nomi

don't worry about northstar california heavenly, because those two are closed. a third closure to tell you about here sugar bowl resort though it's going to take you two hours and 50 minutes again, no chains needed. sierra at tahoe is closed and then kirkwood is going to take you three hours and 31 minutes from the city. if you're headed up there, enjoy. >> thanks so much, amanda. if you live in fremont, you're going to have one less walmart store to shop. the company says it's closing its location on aubrey street next month. its last day will be may 24th. walmart says it's not performing well enough. the impacted employees are being given the ability to transfer to other nearby stores. >> the michelin guide is out with its list of top hotels, and four of them are right here in the bay area, and they're getting some love. there is auberge du soleil in rutherford, meadowood, napa valley in saint helena and healdsburg, singlethread in with only five rooms. the fourth hotel is on the peninsula. it's canyon ranch, woodside out in san mateo county. this is the first

and you can see northstar california still seeing it as closed.eavenly. it's going to take you three hours and 12 minutes from the city. and then to sugar bowl resort from the city two hours, 48 minutes sierra at tahoe two hours and 52 minutes. and then kirkwood, three hours and 28 minutes. enjoy >> thank you. amanda. happening tomorrow. a tribute to selena a family friendly event will be paying tribute to the queen of tejano music in the form of a lowrider cruise starting at 4 p.m. and goes through the mission from cesar chavez and 24th streets. the president of her fan club killed her in 1995, and she was just 23 years old. but her impact on the music world lives on now to san jose's opera house for the opening of a historic new performance. >> abc seven got a sneak peek at the show this year. colombian novelist. amazonas by daniel catan is the theater's first ever spanish language opera performance. it's a rich story inspired by magical realism of an opera diva in search of her lost lover. one singer says. it will be a first for him to perform

northstar california is closed also. heavenly.eading to palisades tahoe, it will take you three hours and 14 minutes from the city. you will t need any chains, and if you're heading to sugarowl resort two hours, 52 minutes. no chains needed. sierra tahoe is closed as well, and if you go to kirkwood, that will take you three hours 37 minutes from the city. no chains needed here and getting a live look at our richmond-san rafael bridge camera right now. traffic is stop and go from castro street as you approach the toll gate. so it is starting to get pretty busy out there on the roads. guys >> hi. thank you so much, gloria. up next, with seven things you need to know this morning. >> but before we get there, new york doctors performed another groundbreaking surgery on a dying grandmother. a 54 year old grandmother is recovering after receiving a successful heart pump and pig kidney transplant. >> the new jersey grandmother was gravely ill, suffering from heart failure and kidney disease. however, she isn't the first person to receive

northstar, california three hours and 12 minutes and then heavenly three hours and 23 minutes.all sugar bowl resort, two hours and 54 minutes here at tahoe. it's going to take you three hours from the city and then to get to kirkwood, three hours and 40 minutes back to you, reggie. we're learning. >> prince harry was in san francisco yesterday. he posted photos from a better up event on his website. he is the chief impact officer for the life and career coaching service company. his speech centered on stress and burnout. actresses mindy kaling, tracee ellis ross and author bonnie brown were also speakers. can you give us a heads up next time? i mean, stop by. just say it in the east bay, two state championship basketball teams are being celebrated the girls basketball team from oakland high and the boys basketball team from oakland technical high were honored at last night's board of education meeting. >> i just want to say in this year of women's basketball, i am so proud of the women in basketball team of oakland high. i think continuing, and i expect to see you all at the nc

. >> northstar theresa kron, 4 news. >> part a look now live with the conditions. this is a 80 towards tahoe back before towards town. no snow on the road. no snow on the side. so, you know, it's april, but there's more snow coming this weekend. there is that you're getting up there today tonight. i think we'll be fine. it's we get to saturday that the action kind of happened. so here we are live at diamond peak out. a few folks taking a break. we had a little bit of a rain shower there earlier right now showing some clouds and a little bit of rain at south lake tahoe. you can see temperatures in the 50's. they're getting breezy about 15 miles per hour and they are under a wind advisory that does go until about midnight tonight. they also are looking at for not just win, but also, of course, that creates some waves on the lake and about one to 3 foot waves as what they're looking out for. so >> we have a winter weather advisory. not exactly for tahoe but south of there. we get to mammoth lake and you can see point south into the central sierra and parts of southern

and what are we trying to do because there is any number of different northstar stars we could choose for supporting families, not all of which led us together in a comprehensive way. that is a long-winded way to say, income inequality is not explicitly addressed in the report. there are lots of reasons for that. we are also trying to broaden out beyond economics and talk about the broader picture of what it is like to be a young kid in america today, and that has other factors in there also. >> final question. we're heading into an election season. there's going to be a lot of issues discussed. what about this experience gives you some hope for family policy. is there anything you're taking away that gives you optimism? either about a specific proposal or even just this approach that makes you hopeful? >> i'm going to start with the pragmatic part. we, the u.s., has joinedded the -- joined the below replacement fertility club that many countries in europe and asia have already been a part of. i do think that we are going to have the incentives to support families with young children,

to the protection of confidential sources and a free press are my guiding principles they might northstar. when i was laid off in february an incident reinforced in my mind the importance of protecting confidential sources. cbs news locked me out of the building seized hundreds of pages of my reporting files including confidential source information. multiple sources said they were concerned that by working with me too expose a government corruption and misconduct theyie would be identified and exposed. i pushed back with the public support of my union the records were returned cbs decision to seize my reporting records prostate red line i believe should never be crossed again by any media organization in the future. the litigation and being held in contempt have taken a tool on me and my career. this is not a battle you can fight alone. i am grateful for the support of fellow journalists multiplent first amendment organizations including reporters committee for press freedom. the freedom of the press foundation. the coalition for women in journalism. the first amendment institute the soc

her northstar was ensuring we centered our artwork on the people and that star still shines brightly. under the leadership of president biden vice president harris, hud has made a storks drag to include outcomes for the people we serve but we have provided historic levels of rental assistance, expanded opportunities for homeownership supported the creation of affordable homes to rent and to buy. supported resilient communities, or to root out housing discrimination and help to people who do not make a lot of money just get a fair shot. and resources are having a dramatic impact on people of every community from big cities and small towns or rural areas and tribal nations. but there's more under construction 2023 than any beyond record. we are working to build even more. hud helps over 4 million households annually through our rental assistance programs. under this administration have itimplemented a number of histoc changes we serve more families and support more choice in today's market. hud has provided payments of 120,000 new incremental vouchers and that is a 20 year record. actio

anything that scares me is that my fans look at me, looked to me for a northstar, a message, a sense my work is something that they can find themselves in. and if you change the narrative of my work, we're just messing with their brains. you know, the, like, the solid essence of my work that i spent 10 years developing, if someone can just take it and make up something completely different, i feel so bad, because i'm harming people then, and there would be nothing that i can do about it. i think the way that we can prevent this from happening is putting the power in the hands of the artists, and also putting the power in the hands of people that are there to protect the artists, whether that's third parties like record labels or agents, or lawyers, you know? that's up to the artist to understand and to, you know, sign a contract, if we want to. you know? but i think the, the way that i've been experimenting with deepfake is going to help my fans, it's going to help them understand the nuance of my language across all parts of the world. like, the way that i want to use it is not harm

northstar 20. heavenly 14. bear valley 14. sugar bowl 17. homewood at 18 palisades tahoe had 13ft of snow in the month of march. well, we talked about it looked like santa cruz mountains might take the bulk of the rain on the weekend, and sure enough, they did. ben loman, 209 boulder creek, 207 morgan hill. just shy of two, although that was thunderstorm driven. and then bonnie doon 1.86, there are other fairfax had 1.7 at la honda observer matt hanlon had 1.72, but petaluma an inch and a quarter. santa rosa over an inch. redwood city and vallejo, both at 8/10, san jose two thirds beating oakland and san francisco at 59/100. powerhouse low down in arizona right now, it's taken the turn. that will be a big weather maker as it moves out of the four corners into the texas area and the plains. there we get the offshore breeze. that thunderstorm activity from yesterday is pushed out of the area. so 40s and 50s. half moon bay is down to 41. menlo park's in there as well. otherwise napa though at 55, vacaville 55. they have a breeze. that'll do it.

times in geopolitical, economic, and environmental strife, nasa continues to be a bright spot, a northstar that sparks a sense of wonder and curiosity about our planet, solar system, and the universe. the mission of nasa to event space and science and human exploration, aeronautics, space technology, and education continues to bring us together and that is something we need. in congress, there is broad bipartisan support for the mission of nasa beyond the united states, nasa leads us in activities that serve for the peaceful exploration and utilization of our space. the value of these intangible benefits cannot be underestimated. nor can we forget the direct value that nasa has had on societal challenges such as climate change, space weather, and even on tracking and characterizing potentially hazardous near earth asteroids. the discussion provides an important opportunity to examine that progress towards meeting our policy goals for united states and the space program. to identify opportunities for improvement and understand what nasa needs and budget for workforce and infrastructure reso