this little heatwave we have had lately will abate and will be back. rain will by the time we get to monday and also on thursday. friday -- >> you tease us not once but twice with the rain. >>> a sierra resort close by a devastating wildfire is opening up for one weekend. a look at the special celebration and how it is recovering. >>> coming up on our streaming service, elon musk on twitter and a privacy deal reached between the united states and the eu. watch our stream wherever you can find this on >>> the 10 day mission is assigning the spotlight on and aerospace company. >> reporter: the picture- perfect liftoff marks another turning point in human spaceflight. flying on board the first all private crew headed to the international space station. larry connor, mark and are each paying millions of dollars for the trip. the commander is a former nasa astronaut, michael lopez alegria who retired after logging within 250 days in orbit . >> i have been advocating for commercial human spaceflight since i left nasa. and now i get the first and goal . it is

, it is a partial abatement? >> yes, it is a partial abatement. instead of paying taxes or $5.6 million, they pay on $1.6 million. the incremental difference is the tax savings and we estimate about $42,000. >> so we would do that for the first 10 years. each year they get from 40 to a greater amount of tax savings each year. in the 11-20th year, we do the same calculations but there is an additional prescribed methodology that we have to add in and take into account what essentially happens is the property tax savings declined each year from 11-20 and at the end of the 20th year there is no tax savings. you decline that over the 11 to 20th years and it would go down to maybe $38,000, $36,000 and at the end of the 20 year, there would be zero tax savings. this is a harder question, but is the point of the mills act with regard to historic properties to encourage and help share in the cost and rehabilitation and major investment and historic properties or is the thought of the mills act to forego other things that

still abating residents, waiting to speak on camera. i believe a varsity is prepared for me. i don't think there's anything to worry about the news yesterday said there are lot of vegetables and the supplies will last for 30 days. so i'm not worried at all. yeah, that way everybody wanted home. so what my old colleague is in shanghai, how to see on key had difficulties because the locked down came as a surprise. all sorts of preparations went in place. why you thought it might have such a big problem in beijing with our now long with idaho, everyone just needs to sit tight and i believe his day will pass. i'm confident i already got you 0 i for meal, meal thump, thump. joining me now from beijing, his jealous far beyond a crouch, my fabi on the mood appears to have drastically changed in beijing just within this past week. yeah, actually only within a couple of days, i mean the authorities have detected an infection cluster and set it spread unidentified for roughly a week before one the case was linked to a trouble group. one other case was linked to a school. and since then

even as the russian offensive has not abated in central and southern ukraine and the world gasps in horror at the carnage left by retreating russians forces around kyiv and other cities. the basis for possible peace treaty between ukraine and russia is in the works according to negotiators from both countries. russia saying that work on the treaty's language will resume tomorrow. another big show tonight, a historic week ahead and of course, we start with the latest from ukraine. joining me now is nbc's ali in lviv, ukraine. a warning about the images we're about to show you that are graphic and disturbing. russia today has denied ukrainian allegations that it had killed civilians in the ukrainian town of bucha. ukraine accused the russian military of massacing residents of that town northwest of the capital kyiv, an area ukrainian troops are said they recaptured on saturday. what can you tell us about this story? >> reporter: good evening, reverend. as we've seen over the last few weeks, there has been fierce fighting in and around kyiv and the ukrainians have managed to force the russian

there are some signs that pressure has abated.w consumers trading things they can do with their money as opposed to doing everything. experiences, traveler picking up, other thing slowing down. that inflationary pressure, when we see it starting to abate into the fall, you will see the 10 year settle into where it is today, if not slightly lower. that will be a great backdrop for companies like alphabet. but right now boy, earlier in the show you said the vix was settling in around 30? as a person who has been on wall street for 30 years, that doesn't sound like settling in. and nobody cares. guy: what would be the entry point for you on alphabet? mark: again, today is an interesting example. a stock that is down a lot from their all-time high, though that's not a great moniker, but a company like alphabet gaining market share, that is in every growth sector of the economy today and going forward, you could have great platforms in that 25% to 30% off sale and that's a good entry point. it isn't the day to put all your capital to w

i do not ticket debates quickly, it does abate unless you get another -- abates quickly unless you get another shoot of drop. emily: you mentioned so many big tech companies, we look at the broader landscape what are the most alarming pain points that you see? >> i want to put this in context. this is the third bear market we have gone through in the last five years. we had one in 18, one during the beginning of covid and one now. i have lived through seven or eight of these so they are almost all fundamentally driven and there are a confluence of events coming up. all the stocks he mentioned the one that most fundamentally surprised me was netflix. that just hit a wall, because they did not have a plan b or plan c ready to go. they sort of hit market maturation and lots of competition. i do not think that is the case with facebook, google, amazon. these are dips that you as a growth investor, music growth investor i want to be by. these are high-quality opportunities. i know everything is being thrown against amazon right now, this is about as big as a macro play you can find. wage in

sanctions activity once those are imposed freezes the assets, and the criminal activity is in itself the abating of the sanctions. seeking to move the assets. i'm not going to disclose what we see in our investigations. but suffice to say that we have sophisticated methods and a great deal of expertise we have brought together with the kleptocapture task force whether it is money laundering, tracing, cryptocurrency tracing efforts, you name it. we are bringing all of that to bear to go after the efforts to have made -- evade sanctions. >> as the indictments layout, the department is aware of a number of different typologies and processes by which people have to hide assets. there are very much public online twitter feeds regarding the visible movement of ostentatious property that everyone is aware of. the department will it continue to investigate those. reporter: you mentioned that you are helping to document war crimes that are taking place. that you are helping your international partners. can you be more specific on what specifically you are doing? mr. garland: i have told about all i can t

>> yeah, there's no signs that this is abating any time soon. we haven't seen these type of consumer prices in more than 40 years. movies like e.t. and annie were released in 1982. all consumer prices are up 8.5% over last year. the major drivers, food and energy. food is up 10% to break that down a little bit, meat is up almost 15%. eggs up 11. milk up 13%. vegetables 6%. and oil up 15%. we know americans are feeling all of this in their weekly grocery bills. gasoline up 48% over last year. >> inflation is setting 40-year highs. it's still accelerating. more than half of this month's increase are gasoline prices that are up 18%. it's necessities that continue to be the big factors pushing inflation higher. >> another pressure here is the cost of housing that is driven by the severe inventory shortage. increased 5% over the year, half a percent over the month. the real concern is the surge in inflation is wiping out gains and wages which are up 5.6% from a year ago. average hourly earnings slid 8.1%. americans are not slowing the benefits of hig

we don't know when that will abate.sach's timeout recession 35% this is the talk of the second half of the year it is in boardrooms it's on coffee breaks and businesses. it is looming that's kind of baked already in. >> i think it is or some threat that markets were digesting a few weeks ago when the yield curve albeit briefly very high predictive value to the recession perhaps but that 12 -- 24 month leg. i don't think that's probable for 2022 i would not rule it out though is a non- trivial possibility for 2023 given all things that are conspiring if you will too perhaps the word economic that not the least of which is the fed policy. inflation is still high real incomes be impacted negatively by the high inflation rates despite the growing at a pretty rapid pace and of course global economic conditions not just the war on the eastern shores of europe but the fact china's economy which is so important to economic growth on a global basement is still fluttering they cannot seem to quite right, the amount of stimulus fo

city and the rest of the commercial corridors, noticing issues that may need to be ameliorated or abated. those that do involve infractions for access for persons with disabilities, those that impede the fire department or first responders to respond effective, they may have associated fines with them. the legislation passed in march does specify for those specific issues, the departments do have discretion to charge fees as part of the alert of escalation to gain enforcement. >> is there a process to fix it before going to penalty? >> absolutely, yes. so penalties and fees are one step. one of the highest and the ultimate or penultimate step in a ladder of escalation. our focus is first and foremost engagement, education, we have found that especially with regards to design issues related to accessibility for people with disabilities, that sponsors have been very responsive. they want to do the right thing and be good neighbors and serve their communities. it is up to the discretion of the department and the jurisdiction responsible for that specific issue to work with the sponsor to pu

seized the territory of eastern europe, the shelling of peaceful towns in the luhansk region is not abating, on friday, two rescuers were injured, according to the head of the regional of the military administration of serhii gaidai, the occupiers are trying to advance in the direction of severodonetsk, and they want to capture rubizhne, so far without success, in particular, during the battle with the soldiers of the 24th brigade named after king danylo, only seven occupiers survived, the rest were eliminated, our defenders showed photos of the personal belongings of the invaders, among them orthodox icons and amulets with them, the rashists came to ukraine to kill six times. on friday, the zelenodol community in the dnipropetrovsk region was shelled, the head of the region , valentin reznichenko, said that they were hit by hurricanes the villages of velyka and mala kostroma, several residential buildings were damaged, people were not injured, but the day before the same villages, the russian military fired hail and artillery with cluster bombs . and the bravery of the ukrainian people, gu

situation remains somewhat tense in the raisin direction, i can say that the hostilities are not abating enemy is now maybe i have reduced the topic a little but not the artillery is working less, the enemy's aviation is working, and our soldiers are successfully defending themselves, and the coming weeks will be quite tense, because there will be a lot to decide, but we are ready for this and we are on the defensive and we can really do offensive actions as well well, here is the latest news that ukrainian fighters destroyed more than 30 units of enemy equipment near vydomlyavsk valentina in the izyum area. this land with everything necessary for fighters, primarily territorial defense, in which you fight the enemy, please tell me how or if there are any noticeable changes. well, we are now in our unit in the izyum direction, eh. but eh, some ammunition water from the western partners has been coming in for all these two months, that is, this process is unceasing , in relation to heavy weapons, it is still in progress, in the process. i think we will still feel all the deliveries, and e

so, of course, there is stress on the part of the business owners when modification or abating issues requires capital expense. there's no hiding that. so that is a dimension that folks are feeling and is a dynamic that we're all trying to work with. with regard to the $1 million in funding, yes, so we are -- we're constantly hoping and pursuing additions to our grant resources. director sofis talked about this a little bit. both she and mayor breed are very committed to accessibility and small business assistance together. so i think we very much hope and i think should expect to see some form of continued assistance that would support these. director tang also noted in the presentation that she gave that there are different programs and different sources and we're trying as a city team as much as possible to overlap those so that at any given time, there is some resource that small business operators can access to offset, again, not all of the costs, but, you know, some of the expenses and liabilities related to bringing premises into a.d.a. compliance. >> co-chair madrid: thank you

say east oakland suffers more air pollution than other parts of the bay area and approval of that abatement order will help protect local residents and the community. rain. saints did not respond to requests for comment. well, the real estate website zillow is reporting that bay area housing prices are up 20% since the start of the year and a year-over-year cost of a typical home in a san francisco metro area went up almost 20% just over 1.4 million dollars, the monthly mortgage at $5700. even rent went up 11%. well in san jose, home values went up about 24% year over year with an average price. at 1.6 million dollars and an average monthly mortgage at about $6500. zillow. senior economist tells us when home prices could potentially cool off. >> that's kind of an early indicator that i like to watch is what if we actually see inventory begin to rise year-over-year? that would be a major indicator that buyers are going to start to get a bit more negotiating power and a bit more of a chance to maybe buy a home at list price. maybe sometime later this year. >> buyers remain ready to pounce on

so it is time to start thinking about the weed abatement. i know different cities, counties have different dates that are upcoming over the next eight to 12 weeks. so, again, something to just put into the back of your mind. as we start it off with our satellite radar picture, this looks impressive, right. but on second glance here, what you're going to notice is there is no rainfall offshore. even though we have a system that's developing and is going to move in, no rainfall. it will be dry for us. and it's also going to kick up the wind. thankfully we got some rainfall. a couple of inches this month. that's helping us with the immediate fire danger. but this wind will always elevate our fire danger with our drought in place. i want to spend some time on the hourly wind forecast. there is a lot happening on here. you can see the key at the top. that's going to be the wind primarily in the mountains. i've got numbers here to represent the lower elevations. and there is also a wind arrow to show you how the wind is going to be moving in. now

so abates in a war in the same way as a to so great. now's is the same feed into halves. it's yeah, pep visits, we are proud of our content. so it's, i think it's of you. so for every ukrainian after the game, victoria and her brother send a quick message to mom and dad coming up next made in germany. thanks for watching. i am the lord. ah ah ah ah ah ah ah ah, ah, with state of the art civilian systems or facial identification or a lucrative technology for companies and a very powerful weapon are used by both russia and ukraine. who's profiting from in, made in germany. next d, w a my name is jonathan dunn, and i have paid almost every price of being a journalist and a country like turkey. i was threatened, i was jailed, i was attacked more people like me and guardians of truth. john done, and mexican investigative journalist, unable or not, this is i, you know, every day the government is a mob. she's been digging the country soil to find out the truth. they want to kill me and they try many times. they can some of my sources just because they don't with me facing with

we're abating that, we're helping people, but what we're doing today is unquestionably the right thingnhs. in lancashire, the labour leader said this was not the right way to fund the nhs. we've had 15 tax rises, if you can believe it, from this chancellor, so we've now got the highest rate of taxation for 70 years. back in west yorkshire, at the salon down the road, self—employed stylistjoseph isn't sure yet if he will end up having to pay more, but he's happy either way. i don't mind if it goes up a little bit because i know how much help i've had over the last 18 months, so, it needs to come from somewhere. but for many workers and businesses, today's rise comes at a moment where they've already cut all the corners they can. colletta smith, bbc news, in cleckheaton. as we said, the rise in national insurance is expected to bring in at least 11 billion pounds for the government this year and over the next three years spending on health and social care is estimated to go up by £39 billion. but there's heated debate already about the precise way in which this extra revenue is going to

>> no sign of abating and frustration is definitely bubbling over.1,000 new covid infections in shanghai. most of them are asymptomatic. on saturday we will get sunday's numbers later and probably the number that sticks out is the record number of deaths in shanghai, 39 new fatalities so 87 new fatalities reported in this latest wave. what is alarming to residents is that there are no signs that zero covid will be relaxed and the city government said friday they will enact nine new -- nine new actions to achieve the goal of zero covid at it ruins the hopes of the people locked in their home with inadequate food and medical supplies. paul: we know that parts of the city in central china where foxconn makes most of the iphones was locked down last week. how does that affect production for apple? >> foxconn put out a statement yesterday saying they are still operating normally and the site continues complying with government measures to curb the spread of covid, essentially iphone city makes the bulk of iphones globally and there were targeted lockdowns

triggered by imran khan's blocking of this no—confidence vote, the dissolution of the government is not abatingy and he is claiming it stridently. he said that western powers and his domestic opposition have been colluding so he had every right to block this vote. pakistan's supreme court is considering the constitutionality of his actions. but, you know, if you talk to people in pakistan, the opposition, leading lawyers in the country, all of them agree that his actions have been unconstitutional. and in my own reading as his actions do not have any kind of constitutional power. the amount to subversion of the constitutional process but pakistan's supreme court is a complicated place. many judges are sympathetic to his anti—corruption populism. it has been his game, his go to narrative over the last few years. in the court is taking its time these days. people thought of the a decision quickly but that it is taking so long suggest the court is trending in favour of kind. fine trending in favour of kind. one ofthe trending in favour of kind. one of the reasons _ trending in favour of kind. one o

topic is western sanctions mikhail mishustin recalled that external pressure on our country has not abated for a single day, even during a pandemic, and the new restrictions that followed this year are of an unprecedented scale, more than 6,000 measures have been taken more than ever and against any country. the goal is to create panic and strike at everyone, but we were ready for this. aviation and shipbuilding , the financial system is the blood artery of the entire economy, withstood in constant contact with the president of the bank of russia, the government, by joint efforts, were able to prevent its collapse and maintain the confidence of citizens. payments within the country go to it without interruption, the stock market and the ruble exchange rate are stabilizing. hardly any other country or other state. could deal with it. we have exposed. we countered attempts to destroy our country and harm our citizens with a systemic work that is carried out almost around the clock to minimize the damage. i will add that mikhail mishustin's report to the parliamentarians at this moment is sti

because a lot of the same factors that attributed to this peak inflation if you will, have not quite abated if you will even if 8.5 persists, it's not like we got to the top and we're going to climb back down if we hang out for quite some time, it's still going to hurt. >> i think it's already hurting. i would ask consumers if anything they've bought over the last year has risen by 8.5%. they'd probably laugh. there's a difference between the economy and the stock market and you think even with inflation, inverted yield curves and the possibility of a recession there are companies that are going to prosper in part because of the way we havechanged the way we shop and the way we do business. companies like warehouse contributor pro lodges. >> yes et the supply chains having issues that they're having means industrial landlords have a much better chance of negotiating than owners of other commercial property such as malls and offices. in the market for zril landlords, those guys are doing everything they can to avoid offering long-term leases to their tenants. we see it as a strong sector des

street battles continue near zostaliyu, the air is running out, the attacks on the plant are not abating, the mayor's advisor petro andryushchenko said to save civilians and wounded soldiers, the commander of the marines in mariupol, serhii volynskyi, called on our group to have more than 600 wounded boys of different levels of severity, they are in great need of help here, there are no conditions, no medicines, and no personnel who could help, there are wounded civilians, whom we provide as much as we can help with us, there are hundreds of civilians, dozens of children, many people with disabilities , many elderly people, the situation is very difficult, there is a problem with water, food, various supplies, ammunition, civilians are dying with us in bunkers in private houses in high-rise buildings where they are simply shot at the mariupol azovstal plant there are at least two thousand civilians, the mariupol city council reported in a telegram, the un is ready to evacuate the residents of mariupol. this was announced the day before by general secretary of the un antonio otelish empha

they abate, then they come back big time when that front roars ashore.y'll have 40-mile-an-hour winds sunday morning. gusty for the next couple days. as we look at oracle, charlie will be along in a minute with what happened today with the giants, concord at 57 right now. nerve the 350s with mostly hazy skies around. temperatures are down a bit for the most part, but that's continuing a trend. we've got windy weather all weekend, and then by the time we get to monday it will be wet yet again. as we get 0.1 of an inch to 0.5 of an inch of rain monday morning for much of the bay area. and here's why, low pressure in the gulf is going to slide south. as it does, it's going to usher in a weak little cold front coming through. a pretty good spring storm, actually, monday morning. more coming in later in the week. for rain chances, we're looking at monday. looks likely. and then couple days of a break. tuesday, most of wednesday, but wednesday night and thursday a separate system comes through. very spring-like. a few showers, clears up, few showers later in t

country in the sumy oblast shelled the border towns with artillery mortars, the enemy cannonade did not abate in the kharkiv region , here the epicenter of the confrontation, the raisin direction and kharkiv itself, the occupiers on this section of the front inflicted a missile attack on the infrastructure fierce fighting continues in donbass near rubizhnyi pasna and maryinka also the russians hit odesa again three cruise missiles flew into the resort zatok one of them hit the bridge across the dniester lebanon hit i hit the enemy and zaporizhzhia the russians hit the city with three caliber cruise missiles at once, one flew in the air, the other two fell and exploded on the territory of one of the enterprises, one person was killed, the enemy again shelled the regional center in the morning, one person injured by shrapnel, the city council reported after the attacks were repulsed in march. mykolaiv is preparing for a full-scale attack by the aggressor from today, a police helicopter is patrolling the air on board. specialists of equipment for providing emergency aid are strengthening the ter

restrictions would be eased after the campaigns through the first week of april and the lockdowns have not abated. beijing people see this and understand what could happen. the virus caseload in beijing is low, 29 new local infections yesterday through 4:00 p.m.. what we are seeing is in the eastern part of the city, the most populous district was the first one to have nasa testing, three days this week, then tomorrow, then friday. authorities announced another 11 districts, 12 out of the 16 districts of beijing, a city of 22 million will be having mass testing as of today. they go tuesday, thursday, saturday, with mass testing. what followed mass testing was lockdowns. not every city, but many of them. people are saying we better stock up on groceries, stock up on supplies, medicine, and lines have been around the block in many big neighborhoods. the economic epicenter is where all of the embassies are, many multinational companies are based there and that is what it is the epicenter of the tension and the infection. 16 of the 21 infections were in the area. slow burn, then fast burn, and in sha

this will not abate anytime soon, and we are seeing demand pickup in gold. march was a record month for gold etf flows. francine: is gold still a good hedge? karim: it is good when you about its diversification and safe haven properties. it tends to do well when geopolitical risk is high, and also in high inflationary regimes. it has properties because it is physicals that other assets do not. it is not good in all inflationary regimes, but it is good in high inflation. francine: how do you see the oil story in china playing out? kristine: initially, the prices were propped up by the geopolitical risk that was playing out in the russia and ukraine war. there was that initial spike. but now it is more for the state of demand. particularly when you take into account what is happening in china. those lockdowns bringing into question how demand is going to look especially heading into the crucial summer months. and when we see the kind of potential, demand destruction or at the very least impairment, especially given the run-up of the past month or so, it seems

. >> we see all agility starting to abate. >> we think that inflation is peaking right about now. >>sset classes tend to perform well equities, alternative assets, real estate. >> looking to alternatives as a tool is critical. >> one of the highest returns i have seen is invested -- investing distressed in china specifically. what the china capital market is completely open. >> there geographies that will stand out. the u.s. is going to be the best backdrop. >> some guests there at the bloomberg wealth summit. our next guest says the fed is going to have a hard time managing soft landing. always good to have you with us. is the fed behind the curve, what assets are the most exposed and how do you protect yourself? >> the fed started out hind of the curve as late as last fall. what is happened ever since they stopped using the word transitory, they have gotten more and more serious about inflation. i would argue the minutes that came out earlier this week are going to be remembered as the moment in time of maximum hawkish and us for the current fed. perhaps the most hawkish since 1980

. >> this morning's rush a long anticipated offensive in eastern ukraine -- russia's longing'tis abatedstern ukraine appears to be -- this morning, russia's long anticipated offensive in eastern ukraine appears to be underway. in mariupol the azov battalion fighting with ukraine says that russia is dropping bombs on a steel plant where ukrainian refugees have been holed up refusing to surrender. meanwhile, rescue efforts are underway on the outskirts of kyiv where russian troops have withdrawn. we found 2 firefighters from california helping the search and rescue teams. >> there was nothing left, the flamesurd so hot >> the 2 days but because of the area being under russian control, rescue teams cannot get in. >> russia does not do things just because a door is open. >> malcolm nance, an analyst on msnbc, posting this image of himself from ukraine, holding arrival, writing -- a rifle, writing " i'm done talking." andrew dymburt, abc 7 news, new york. >> kimberly guilfoyle met with the january 6 committee for hours. she was once married to gavin newsom when he was the mayor of san franci

is difficult to forecast prices past this summer season because the russia-ukraine conflict could abateussia lost more than a million barrels of supply with sanctions. another big issue is iran fit comes back or if it doesn't come back and cloudy but again the big trend of the post-covid demand recovery with us i think for knicks 12 to 16 months. >> if prices spike again, 120 a barrel, upward pressure on gas prices again and then getting closer to the midterms what levers do politicians have to pull? we saw the release of barrels from the spr we don't have the buffer left there. >> that scares me the most keeping the fingers crossed here because we've been releasing strategic oil for political or moral reasons to impose cost on russia and curtailing taxes in the u.s. and around the world. economics tells you if you cap fuel taxes people won't consume less gasoline and diesel but more >> exactly. >> we kind of put ourselves in an impossible situation. we've reduced the elasticity by cutting the taxes and as we know with esg considerations and financial considerations energy companies are

end of the pandemic that the global inflation problem, the energy price spike we are seeing, we are abatingyis helping people, what we are doing today is unquestionably the right thing for country and the writing for the nhs. thing for country and the writing forthe nhs-_ thing for country and the writing forthenhs. ., , , ,, , for the nhs. loss of the businesses and employees _ for the nhs. loss of the businesses and employees who _ for the nhs. loss of the businesses and employees who lost _ for the nhs. loss of the businesses and employees who lost the - for the nhs. loss of the businesses and employees who lost the most l for the nhs. loss of the businesses i and employees who lost the most over the last couple of years now feel they are being asked to pay a higher price to cover the cost of the pandemic. i price to cover the cost of the pandemic— price to cover the cost of the iandemic. ~ , ., , ,., , pandemic. i think it is absolutely cra , pandemic. i think it is absolutely crazy. with _ pandemic. i think it is absolutely crazy, with everything _ pandemic. i think it is absolutely cr

i don't know, maybe the cost will abate. the biggest concern i have for margins is this consumer is starting to pull back. the pricing power is waning. whether it's housing or autos or demand for energy, we are starting to see pullback of the consumer on their discretionary spending. that's going to bite. guy: how is the fed going to read this? mike: the fed is going to save it this is what they are new. wages are rising because people are trying to get workers back into the work force. maybe they are slowing as people do get back into the labor force. the shift as anastasia says in purchases from goods to spending and an overall drop in spending that is no longer fueled by pandemic assistance is going to put some downward pressure on inflation going forward. if we could go back to that amazon chart, it did show profit margins coming down a little bit. the biggest thing you have to notice about amazon is we spent tons and tons of money during the pandemic. everybody buying stuff from amazon. i put the red lines there, the ar

instead, our enforcement program is very much focused and abatement. and z is we only get into assessing penalties if we don't have an adequate level of responsiveness to abate the violation. so by their nature, they are somewhat ephemeral and if they complain about the unit being the ilo, it won't take that much time and there is no citation authority or the penalties and not a lot to do to abate that action and property owners and tenants to go into longer leases and as mentioned, the enforcement program is based on complaints. so only rarely do we have the active enforcement and focus most of the time and attention and ability on responding to complaints. and staffing capacity is always an issue. and right now we have five to seven enforcement staff working on complaints at any given time. and we currently have 1900 open enforcement cases. and capacity is always an issue. if we wanted to look towards any type of proactive enforcement program, it means one of two things and the overall backlog will increase and the voting specific staff and time to o

we're abating that, we're helping people. right thing for our country. it's the right thing for the nhs. in lancashire, the labour leader said this wasn't the right way to fund the nhs. we've had 15 tax rises, if you can believe it, from this chancellor. we now have the highest rate of taxation for 70 years. sue works for herself, giving expert training to childminders and nurseries. she'll have to pay national insurance on her profits this coming tax year. based upon income in the last 12 months, yes, it would be quite a significant increase for me. but this next 12 months, who knows in terms of how much much income i'm going to be getting. today's increase comes at a moment when lots of businesses and workers already feel they're running dry. colletta smith, bbc news, in cleckheaton. so where exactly will the money go? here's our health editor, hugh pym. it's a plan drawn up by the chancellor and health secretary. national insurance increases come branded as a health and social care levy, and spent at the start on the nhs i

. -- abates. but we have other levers.of our fixed costs will be reduced, as we lower the fixed costs of the company, saving that in part with compensation. >> that is the equation for you at huntington bank, but what about for the small businesses you deal with? are they also facing wage pressures and does that mean they have less capital to spend on other things? stephen: there is clearly wage pressure across the spectrum, as well as labor shortage. the consequence is all the businesses are feeling like they need to increase wages, and most are doing that, but they are also passing it along. the consumer is in great shape, as we mentioned, and so are most of the businesses. so there is a pass-through going on that's helping small businesses and others get through this period of inflation. sonali: also, the idea that we are still in a place not on a down round yet. the idea of recession is around the corner, but not immediately. in the near term, you just did an acquisition for midsize investment banking firms, are you se

we are abating that and helping people but what we are doing today is unquestionably the right thing i know a little because i know much help i have had over the last 18 months. it needs to come from somewhere. but faced with a much bigger increase, boss richard does not agree. it's another challenge as a business owner to survive and move forward. very difficult. it's an increase when so many others have already cut all the corners they can. the biggest reform to divorce law in 50 years has come into force with no fault divorces becoming legal in england and wales. divorce affects tens of thousands of couples and families every year and until now in over half of those applications a person has had to blame their partner in legal documents. no—fault divorce already exists in scotland, but the so—called blame rules stillapply in northern ireland. our legal affairs correspondent dominic casciani reports. happy family life. what so many of us want. but sometimes it comes within an emotional cost. in 2018, olivia and her then husband realised their marriage was over and they had to find

crackdowns, and the covid zero -- paul: shanghai's covid out brooke is showing soon -- few signs of abating financial capital of 25 million people enters its fifth week since the lockdown began. for more, let's bring in stephen engle. what is the latest here. ? stephen: you actually write. it is the fifth -- you are absolutely right. it is the fifth week since the lockdown began. the full citywide lockdown entering his fourth week. frustration is building. the numbers keep on building. the addition of another 21,000 new covid cases. most of them asymptomatic. we will get the sunday numbers later on. it also reported the highest daily covid death toll during this covid outbreak that began in about february. 39 fatalities saturday. now we had 87 since late february. the average age is nearly 79 years of age. they had underlying illnesses. so the frustration is definitely mounting as the city government friday announced it would adopt nine new actions to achieve the goal of quote, no community spread. that is another way of saying zero covid. that quashed a lot of hopes among shanghai resident

land, but it's a fight to keep the towns and structures in place as they are so that when the war abates and there is peace and if they have to move back, they can go back to their homes again potentially and not destruction. so the message to nato was that very clear. weapons, weapons, weapons, now, now, now. jake. >> and how are u.s. and nato officials responding? >> this is really interesting because just a couple of days ago we were hearing that there would be tanks being sent, there would be armored fighting vehicles being sent all to help the ukrainians fight this new phase of the war where russia has regrouped. it doesn't have extended supply lines like it had around kyiv that allowed ukrainians to make solid and strong gains after a lot of very hard fighting. this will be different. but nato uncharacteristically, both the secretary general and secretary of state antony blinken refused to be drawn on exactly what weapons would be given. perhaps not to give away tactics to russia. perhaps also to try to diminish the tensions between nato and russia. obviously ukraine has tanks now.

the only thing they have going on their side, i think inflation actually begins to abate we really are still in some lockdowns, but we're seeing the reopening. i see people travel, spend on services. >> for now for now. >> for now and to your point, everybody was a financial crisis expert in 2009 i lived through that one as well you heard stockmarkets can and do go up it doesn't kill the market economy and stockmarket are two different things. >> it does historically speaking we have seen some form of recession. it's different this time we've never seen this balance sheet. we talk about the massive amounts we have on the balance sheet. what we see and what's going on with the vix, we've seen nerves calm down. we saw a snapback at the end of march and resistance it's important to have diversification in your portfolio. look at the etf. that's the minimum vol these are kind of boring stocks we don't talk enough about think about kroger, procter & gamble, johnson & johnson, and berkshire hathaway i envision earnings will give us a lift, but this will be a bumpy road for today and the rest