adam powell, bbc news.you some live pictures, this is a shocked looking towards a mosque ahead of ramadan, is real increasing security in jerusalem in preparation for the muslim holy month. thousands of police have been deployed in the old city where tens of thousands of worshippers are expected daily at the mosque. the third most sacred place in islam. there had been hopes the ceasefire could be agreed in gaza before ramadan, that has not happened. that is the live view of the mosque injerusalem. now it's time for a look at the weather. hello. for many of us, the weather has been one of cloud and rain. it has felt decidedly chilly. temperatures will climb through the week ahead with some further bouts of rain at times. low pressure has been dominating through the weekend, that low centre to the south of us, cloud swirling around in this type of cloud has been producing some outbreaks of heavy and persistent rain. the rain was slowly but surely peter out as we head through the night, the heaviest bursts wil

adam powell, bbc news.far, through the week and will perhaps start to feel more like spring. will perhaps start to feel more like surin _ , ., , will perhaps start to feel more like s-urin. , ., , . , will perhaps start to feel more like s-urin. , ., ,. , , spring. temperatures climbing but still some rain _ spring. temperatures climbing but still some rain at _ spring. temperatures climbing but still some rain at times. _ spring. temperatures climbing but still some rain at times. rain - spring. temperatures climbing but still some rain at times. rain for l still some rain at times. rain for the rest of the day, whether moving slowly north and west across england and north wales, some rain into southern scotland and northern ireland, patchy rain in the north of scotland. eastern scotland quite chilly, 5—6, sunshine from the south, wheels up to 12. this evening anthony we keep extensive cloud covered but rain easing, some drizzle, more widespread rain for a time in northern ireland, clear spells could fill

our reporter adam powell has the story.n museum has been open since 2010 and it's been a bit like a ring without a diamond. north east engineer bill smith found, then recovered bluebird in 2001. he and his loyal band of volunteers have spent a big chunk of their lives rebuilding the jet—powered speedboat. i've always described this as a diving job that got out of hand. that's my short version! so, yeah, i did geta bit involved in the end, yeah. everyone's very proud of their work and everyone wants to clap their work off the premises and be very positive because this space you're standing in now, which is empty, will be full next week with something else. this is the end of an era and the start of a new one. for the last 20 years, bluebird has been rebuilt here in north shields. now, it's been transported over cumbria to the lake district and coniston. donald campbell died injanuary 1967 attempting to break his own water speed record, pushing the boat beyond 300 mph. at a more sedate pace, it was a journey of around 120 mil

adam powell, bbc news. ten past six.zzi is not of the year. styles will gather in los angeles later tonight to celebrate the greatest cinematic achievements of 2023 with oppenheimer expected to be the big winner. emirati has the details. —— emma vardy. another year at the oscars! the biggest night and in hollywood is back and the conversation is as tough as ever. we're ina we're in a race the nazis. —— we're in a race against the nazis. if you thought a tense three—hour biographical would struggle with audiences you would be wrong. oppenheimer, about the creator of the atomic bomb, with a huge box office, and now cillian murphy is up for best actor... we will remember this day! ..hristopher nolan for best director and the favourite to win the oscar for best picture. but in the battle of the big—name directors, it will competing against killers of the flower moon, by martin scorsese, who is now the most nominated movie director alive. it flows freely here now. the oscars is the most extravagant night of award season, so t

adam clayton powell of new york, bill dawson of los angeles, along with philadelphia, and charles diggs john conyers of detroit. those were the six, five or six african-americans who were members of the congress at the time. now there's a 60 african-americans, 18 asian americans, 50 or latinos, five native americans, 150 women, applause. [applause] thatlause. and i want to point this out because once again, has there been progress, far more progress here than the corporate side ca political engagement, this is to the involvement and then beyond these there are a large number of members of congress who are not black, asian american, latino, not native american, who african-american and latino voters are essential to their coalition meaning they could not win if they couldn't put a coition that included these entities together. so let's give that a big round of applause. i'm always excited when we look at that. so the civil rights act has made a difference, but the current challenges that we face, i want to put this in this context may of 2020, covid waswo all watchin the video that the y

voting rights act, but lo, five blacks-- when the cil rights act passed there were five blacks, adam clayton powelln, los angeles, along with bob knicks of philadelphia and charles diggs of detroit, and john conyers of detroit. five, six, african-americans who are a member of the congress at that time. now there are 60 african-americans, 18 asian americans, 54 latinos, five native americans, 150women. applause. [applause] >> that deserves an applause and i wanted to point this out because once again, has there been progress? and far more progress here than on the corporate side because this owes to the power of the vote. this owes to political engagement. this owes to involvement and then beyond these there are a large number of members of coping who are not black, not asian-american, not latino, not native american, who african-american and latino voters are central to their coalition. meaning, they could not win if they couldn't put athat include together. so, let's give that a big round of applause. [applause] >> a i amlw when we look at that. so, the civil rights act has made a dier challenges

adam: to go to the -- right now. jerome powell is under the gun in the house.ble following on capitol hill. >> first, expect rate cuts, though jay powell cryptic, not saying when. the rest of the voting members are walking a precarious tight rope, where to set rates but it's an election year. at this hearing powell is telling lawmakers on the house financial services committee that data is looking good and the dangers of cutting rates too quickly, would like to see more. with the high points he's making note of that housing services inflation a.k.a. rent is coming down, goods prices are too and he says he feels good about achieving a soft landing. >> no reason to think the us economy is in short-term risk of falling into recession. having said that, there's always a problem, a possibility, meaningful possibility that economy will fall into recession. i don't think that possibilities elevated at the current time. >> reporter: patrick mchenry asked powell how much rate cutting we will see this year. powell's answer is noncommittal as always, depends on the path o

well, we're leaving the john quincy adams■x room, which was e of secretary powell's favorite rooms.oom, which i understand is one of secretary blinken's favorite rooms. absolutely. he this space for receptions meetings and events. now virginia hart, this has a feel of monticello in here. so this was designed by the american classical architect edward mason jones, who went back to monticello, incorporated some of jefferson's original design conceptions in this room. speaking of thomas jefferson, yes, here hes. was a copy of th, which was in 1832, following well, after jefferson's death. and to create the#w likeness, french artist borrowed a likeness from mark lafayette and created a statue and certainly that is provided us with this copy that we have here and the original the us capitol and he's holding it looks like the independence. absolutely. there we go. a couple of portraits of jefferson. i want to ask you again, this one seems almost a primitive style. oh, well, this is the work of charles peale and it dates to 1791 when thomas jefferson was serving as secretary of state. now,

inflation expectations also bumped a little bit higher but jerome powell was pretty adamant. itted to the 2% target. >> it's interesting because the dot plot was super industry but would what jerome powell had to say took the limelight. he said we are still committed to 2% and he downplayed it and didn't put it aside totally but he said we know february inflation was a little hot and didn't increase our confidence that we are getting to 2% but overall, it seemed more of a bump in the road. they are waiting to see the data confirm that. they don't think it changes the overall picture that we are in this disinflationary path to 2%. i think that lifted risky assets because he seems to be saying that we will go by the data. for now, they feel confident, not competent up but pretty confident they are on the right path and hopefully they will be cutting rates sometime this year. i think that's the take away. he got peppered with a lot of questions even on easing financial conditions which he said they still feel like policies being restrictive and slowing the economy. one of the ana

adam schiff, and i approve this message. bay area arts leaders and steve jobs widow, laurene powell jobs, purchased the russian hill building. that's according to the chronicle. the institute filed for bankruptcy last april, leaving the two acre campus vacant. the institute was bought for $30 million, the nonprofit tells the chronicle it hopes to keep the campus as an arts institution. mayor london breed, reacting to today's announcement, releasing to release a statement saying the arts are central to sf's past and critical to its future. the art institute played a huge part in our cultural life for 150 years now, it will be at the center of a new era of creative brilliance. thank you to laurene powell jobs for your support and vision. >> an award winning artist is coming to the bay area this fall. today country singer kacey musgraves announced that she will perform at chase center on september 24th. musgraves first burst onto the music scene in 2013 with their debut album, same trailer, different park. tickets for the september show go on sale to the general public friday, march 8th. >> a racetrack in the north bay has a ne

powell, said we'll cut rates three times as the dot plot says. maria: that surprised me too. >> they're talking about how frothy conditions are. you're seeing that with some semiconductor stocks, nvidia, adame so high, trade at such a high premium to where they normally trade at, you've got net worths at the h highest levels in u.s. history, you've got gold up, bitcoin up. .if the fed cuts too early, it will add fuel to the fire. maria: at a time when we're finally seeing activity in the capital markets in terms of ipos here and there, m&a. johnson & johnson in talks to acquire shock wave medical, shock wave has a market value of nearly $12 billion. ups' ceo says that ups is actively looking at m&a opportunities in healthcare. they made a couple acquisitions for boomy and mnx global logistics but the ceo of ups says that both of those acquisitions will, quote, enhance our capabilities, particularly in cold chain. isn't this interesting that you're seeing ups go for healthcare? >> it's interesting to see them diversify. they obviously need to cut costs, find other ways to grow revenue. they've had a rough run over the course of the last year. this speaks to the fact that we've had 408 billi

adam, thank you both very much. all right, again, that meeting wraps up in about two hours, so we'll get a good idea then and then of course when jerome powell speaks to the press right afterwards. that's a pay-per-view event but you can watch it here, free, on fox business. all right, aishah hasnie joins us right now, a lot of hearings and events on capitol hill but a big briefing or tiktok and the security threat it could wage in the united states senate what's the latest? reporter: hey, there, yes, this briefing is still underway and is classified. its got officials from the fbi, the doj, the odni, so a lot of folks there to talk to senators about this tiktok bill and of course the tiktok threat to user s here in america, and a lot of concerns among senators, neil , for a variety of issues like what if china sells and then perhaps saudi arabia takes over ownership or do we need to give tiktok more than six months to sell? i did get a chance to catch up with commerce secretary, or excuse me commerce chairwoman maria cantwell on her way into this briefing and this is one of her biggest concerns about the big. watch this. >> the whole issue

adam parker. he's founder and ceo of -- research and cnbc contributor. nice to see you. >> always good to see you. >> did we clear a big hurdle next week for the rally, getting through the fed and powell is taken to be pretty dovish? >> i think so. i mean, i think there's three reasons to be bullish. one is the gross margins for the average company have troughed and are going up two is the fed's ultimately going to be adccommodative, whether it's two, one, three and three, i think you can create earnings for several years in a row, so you can throw into the valuation the bear case, the consumer falls apart more than people think, china is a disaster, or the quantitative points are -- >> so, we're at 5,200. let's call 5225. the chase is on. people are raising their price targets, as the market keeps chugging along here. what seems reasonable to you for a level we could reach >> i think 10% per an m return is a good return >> not here forward but for the pull year? >> i think 12 months forward, get 10% from there over the long-term, equities have gone up 12% per annum overtime i can see people saying, i don't like the starting valuation, but the margins are going to go up i think that's