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an unprejudiced, honest assessment of the new realities with clear eyes unincouple be d unincouple bered by proevious paradigms. our mainstream economic models have little to say about the shocks, the distributional impact of policies on how or how an exit affects economic performance. policy actions undertaken in the last ten years in monetary policy, regulation and supervision have made the world more resilient, but we should continue preparing for new challenges now, the -- this is not a lesson, but remark the changes we discussed, profound as they are, often hinge on one fundamental idea. the natural question to ask is whether such an idea sprang out as a response to a specific policy problem, or was rather conceived previously in an entirely different unrelated intellectual environment, perhaps addressing a different set of problems. it's a question that is especially relevant in economics when previously held consensus views change it's also a question that is unlikely to have a precise answer let me use the 1939 words of abraham flexner, the first director of the princeton institu

it's in the remote village of alaska on the bering sea. in a tweet from barbara comstock, joined the veterans for the new department of veteran services office. this one is from congresswoman shelley. libraries across maine are great places to fall in love with reading. they sent out a link for the

but his official explanation was that he was a special assistant to the american mission in bering. he claimed in probably correctly so that he was the last american to enter switzerland before the germans sailed off the water. and he was really in a lot of ways around there during the war. he could not leave for several years. he was able to receive much help. a few agents were able to sneak through from italy but he didn't have a great deal of interaction with them. so i was a bit difficult for him. this is the house that he and he lived on the first floor. it also served as the office. and he chose this particular location and it's in the old quarter on a street called the heron. he chose it specifically because there was a busy shopping street on the other end of that. there was a lot of foot traffic going back and forth. he figured that would provide coverage for people who were coming to visit him. at the front door. occasionally saw what they saw. even better was that this house you can't see in this picture of the backyard slopes down gently towards the river. it was covered

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way, bere headed that aware that south market street is closed because of a fire. as we get more information, we will pass it to you on air and online anytime there if you use instagram, you may have been hacked, some verified users accounts were breached this week and instagram says contact information was accessed. the company is not saying how many people were targeted but it comes after selena gomez was hacked earlier this week. instagram officials say to use complicated passwords to protect their accounts. expanding offering rides and hard-to-reach rural areas across the cola 40 states, including alaska -- a total of 40 states, including alaska, in order to the with uber which controls 70% of the market. the biggestyft coverage area in the u.s. coming up, parking headaches in the district, how many hours d.c. drivers havertys furniture helps your home look perfect fe isn't. nice pick. pops, your pick. art monk! retired. i'll take him over these fools playing today. aw come on, man. that's not how this game works. art monk! i want to change my name to hot momma

. >> bruce, bere the city of hundreds and hundreds of attorneys, can we assume vietnam veterans have a legal association? >> i've only had 48 hours. >> reporter: they kicked you out with 48 hours. >> i've been out of the house for some time. it came in monday. yesterday, i had myself locked out. >> reporter: maybe there's a lawyer out there who wants to represent this 69-year-old purple heart vietnam vet, who is in this tussle with the city. bruce. >> bruce leshan, reporting, thank you bruce. >>> reagan national airport has taken to twitter to help unite a 6-year-old with a beloved stuffed animal. now the airport is getting a big public pat on the back for its efforts. on tuesday, the child stuffed marmot. it's not a real squirrel, but it's everything to this 6-year- old. the childhood pal disappeared somewhere between the garage and the americanairlines gate. the child has slept with this furry friend since it was a baby. >> have you seen the marmot? >> no, we'll certainly look for it. >> i think it was sweet. where was this when i lost my stuffed monkey in ballet? >> the family was

year, gray whales have usually made the 6,000 mile trek from their winter homes near baja to the bering sea. whether this whale was simply lost isn't immediately known. wildlife officials are monitoring its whereabouts and health saying there's no cause for concern. finders keepers it's not though probably a handful of weepers perhaps thanks for showing the way. ron mott, nbc news. >>> and that's "nbc nightly news" for this saturday. tomorrow on "nightly news" with kate snow, potential extraterrestrials repackaged for those of us at home. i'm jose diaz-balart. thank you for the privilege of your time. good night. a security scare at san jose airport. hundre >>> right now at 6:00 breaking news, a security scare at san jose airport. hundreds of people asked to evacuate a terminal after a possible security breach. >>> the news at 6:00 starts right now. good evening, thank you for joining us. i'm terry mcsweeney. long lines in the terminal and big delays for poliflights. a big inconvenience for passengers tonight. marianne favro has details. >> reporter: this happened after 3:00 this aftern

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this time of year, gray whales have usually made the trek to their summer home in the bering sea. lost, it's not known. wildlife officials are monitoring his whereabouts and health saying there's no cause for harm. a handful of weepers who missed seeing a whale spouting grace and thanks for showing the way. ron mott, nbc news. >>> and that's "nbc nightly news" for this saturday. tomorrow on "nightly news" with kate snow, potential extra terestrials repackaged for those of us at home. thank you for the privilege of your time and good night. [ gasps, laughs ] you ever feel like... cliché foil characters scheming against a top insurer for no reason? nah. so, why don't we like flo? she has the name your price tool, and we want it. but why? why don't we actually do any work? why do you only own one suit? it's just the way it is, underdeveloped office character. you're right. thanks, bill. no, you're bill. i'm tom. you know what? no one cares. . >>> once a year the greats of philly's history return for a fulfilled weekend of memories, stories and lots of smiles. it's time to recognize t

i think that we're all interactinwiwith t peoeoplthat wereerere bere u us. '' intnterting w wh history, and wew're ao interaracting with the future of the river. >> that communitity of people tt are actively doing the worork right now to restorore the willamittete river are certainla minority, but, relative to most other places you'll go, it's a remarkrkable amount of peoeopled labor foforce, and time, effort, and money that's really going into this river system. in the 1990s, a measure was passed to dedicate some of the s state's lottttery funds to watershed and salmon restoration, and that really became sort of a seed for all theese grassroots-levell organizations to p pop up in almost every m medium or e even small sized watershed. there's a papaid group of people with a bududt doing prprojects o restore the river, to restore habitat, and that's not something you f find evererywhe. you will l findaterershed groups alall over ththe country, butots active a, um, i gugues resesourced as the organizations i in oregon. >> we've beeththrougoverer a hundred years ofof removing g wd out ofo

this time of year, gray whales have usually made the trek to their summer home in the bering sea.y lost, it's not known. wildlife officials are monitoring his whereabouts and health saying there's no cause for harm. a handful of weepers who missed seeing a whale spouting grace and thanks for showing the way. ron mott, nbc news. >>> and that's "nbc nightly news" for this saturday. tomorrow on "nightly news" with kate snow, potential extra terestrials repackaged for those of us at home. th and good night. ♪ >>> are rachel and brian morning after interview. is rachel rewriting history? welcome to "access hollywood," bachelorette expert ashley i. and kit have been following the entire season that ended with rachel sharing a really deep connection to peter but accepting a proposal from brian. well, our scott evans spoke to the happy couple in new york. >> i dated a lot of peters. i felt like i could fix it. i could save them. i could run away from what's best for me. i wanted to make it better. and i didn't do that this time, you know? and brian really was the man for me. he's absolute

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man who is trying to combine several of the , and he of the others is moving towards a position bereceeds he will comparable in influence to mao. charlie: if he moves to where he wants to go, he will be compared to mao in terms of his influence on society? dr. kissinger: yes, because he is trying to make the society that he inherited after decades of turmoil and put it on a basis of what he calls the two dreams. the first stream goes into effect through soon in 2021 when china reaches a level of the poorer european countries. the second one is at the hundredth anniversary of the founding of the people's china, byn 2049 where his vision, will be at least as strong as the strongest other nation in the world. charlie: therefore, why doesn't he want to do all he can to make sure north korea is not a disruptive factor in the region? dr. kissinger: i believe this is his intention. this is his goal. i believe he would reason that it is the nature of the roof solution that -- of the revolution that we lived through globally. there are so many pressures that operate on leaders that they canno

moving across the bering land bridge, i wonder who that mover was. >> i these things working anymore?identify with your career, i was a furniture mover as my first job, i got my class a license when i was 18. i am older than you, they changed the. what i noticed, i went in and out of trucking along the way and got a phd and came back to trucking when i retired and what i found was in 1989 i was paid the same amount of money in 2011 so truckers -- >> the same amount? inflation? >> $15 an hour both times. it used to be trucking was competitive with the phd. but then now, you are poor, truckers are now poor and not even middle-class. they used to make $70,000 a year. >> so did phds. >> that is true. that is an issue depending on the phd you have. do you have comments? it is a poverty profession, not middle-class even if you work all the time. >> so where the men when i first started when i was 16, guys who worked for a local moving company were middle-class manual laborers, own a home in a town they lived in, they could have a regular sort of middle-class life. what do you call it? pover

bere are people that need to rescued and learning lessons for the future but not necessarily playing monday morning quarterback and wondering whether is the right decision and whether the democratic mayor of houston's right or wrong or that the republican governor was right when he said that evacuation might be the right move. the white house does not want to get involved in that debate is a becomes partisan and it could create more divisions. when the president goes to texas, his role will be as he unifier, someone helping to empathize with the people who are hurting in texas while not causing a distraction. host: if you want to see bloomberg >> what's the framework on how security. social bipartisan support .nd the trump >> we vice identified microsoft fare in d.c. fred humphreys microsoft and microsoft thoughts. share their >> with this it's complete able to nd cameras and provide useful services in the end. >> here's you look at the prime time schedule. the at 8 p.m. at the 50th k anniversary of the detroit riot 2.d on c-span book t.v. with authors on the members ading lists of o

bere are people that need to rescued and learning lessons for the future but not necessarily playing monday morning quarterback and wondering whether is the right decision and whether the democratic mayor of houston's right or wrong or that the republican governor was right when he said that evacuation might be the right move. the white house does not want to get involved in that debate is a becomes partisan and it could create more divisions. when the president goes to texas, his role will be as he unifier, someone helping to empathize with the people who are hurting in texas while not causing a distraction. host: if you want to see bloomberg news, follow him on twitter as well. thank you so much for the time. our program today back where we started. we will live the phone lines open for you for about the next hour or so. we want to get your thoughts on the impact of hurricane harvey and its remnants, the response efforts federal, state, and civilians as well. and alines are open special line for texas residents. you can call in now and we will be right back. ♪ ♪ >> when you think a

gonna bere people are talking about, all right. that a magazine article just came out that said donald trump jr. is miserable. [ laughter ] and he wants his dad's presidency to be over. [ laughter ] it was in the section, "stars, they're just like us." [ laughter and applause ] "people" magazine did a big feature on don jr. and it says that he likes to spend his weekends at a rustic cabin in upstate new york. [ light laughter ] he said the only thing he doesn't like about the cabin is when hillary shows up in a a hockey mask and chases him around the lake. [ laughter ] [ cheers and applause ] it turns out in college, don jr. would reportedly get into drunken fights where he would say, "do you have any idea who i am?" [ light laughter ] then his father would say, "uh, eric?" [ laughter and applause ] "don jr. you named me after you." meanwhile, a new book just came out claiming that last summer, president trump yelled at former campaign manager paul manafort and said, "you treat me like a baby." [ audience oohs ] but trump said it w

kevin bering is msnbc national security and military analyst, he's also the executive director of defensem also joined by general barry mccalffully. explain for our viewers and listeners, what's different here from the approach that other presidents, president's bush, president obama what's different between this president's apreach and their approach. >> perhaps not much. we are facing a rapidly deteriorating situation in afghanistan. the taliban control half the country. the central government is corrupt and incompetent. the afghani forces are getting slaughtered in the field. and many of us, me included, believe that if we with drew, if we ended the longest war, there would be an implosion in afghanistan, there would be millions of people fleeing into iran and pakistan. there would be a disaster inside the country. so i think what the president did last night, very sensible, he bought into a recommendation from secretary tillerson and mattis and h.r. mcmaster and others that said, how do we keep the place from going down the tubes. and i might add, there's very little appetite among th

bereed parents feel that life itselfacks definition. what could be next for them?thwhile? a little over four years ago, we met mothers and fathers who sent their first graders to school one bright morning and have endured the twilight ever since. when we returned to newtown, connecticut, this past spring, we found those families will never move on, but they are finding ways to move forward. newtown looks as it did the day before that day. the name is long-outdated; it was founded before the revolution, its flag pole raised after the civil war, and its town hall erected in the great depression. but, for those who know only the name, the history of newtown, connecticut begins on december 14, 2012, when a mentally ill man murdered 20 first-graders and six educators at sandy hook elementary school. ana grace was the daughter of nelba and jimmy greene. have you found people who don't know you, after all these years, expecting you to get over what happened? >> nelba greene: you just took my breath away, because that happens a lot and it is so incredibly painful. it's lik

fed could bere the andreat to markets concerned about financial stability, including tightening policye there is too much inflation at the grocery , walmart, or amazon, but because stocks and bonds are too high and they are worried about when it all goes horribly wrong. from that perspective, kaplan made some comments today that suggest he is fairly sanguine about things in terms of the buildup of leverage. >> good stuff. cameron, giving us some perspective around today's drop. he called the day b -- he called it a blip and not a dip. of 3.7 4 billion coming in ahead of 3.6 9 billion estimate. we see the stock up. raw sure earnings. they put up $.82 in earnings, better by 7%. up 4% versus the estimate of 2.2%. soaring.e up nearly 10% in the closed market. from new york, this is bloomberg. ♪ for first wordow news. islamic state has claimed responsibility for the van attack in barcelona today that officials say killed 12 pedestrians and injured as many as 80 others. the extremist group called for its followers to target different states. is inresident mike pence panama city and said he w

that's sad because a lot of president trump's voters voted for him because they've been clo bered.y've been clobbered by a decaying infrastructure. they look out their windows and see decay. what could have united congress and those middle class and working families was prognosis on infrastructure. now we have disbanded that council and the white house becomes more of an echo chamber. >> nobody in the president's inner circle seems -- there's leaks every now and then this person is horrified and upset. it's not a coincidence that's leaking out, but nobody is resigning. >> no which i think shows the problem of serving trump and becoming part of an administration that seems to no no limits and when it comes to charlottesville really no decency. there's a certain sense that people who work for trump are -- we talk to them all the time. they'll use reporters almost as confess sores. nobody wants to come out publicly. a lot are afraid of being attacked by the president. so far nobody has been willing to take that leap publicly in a way that might start a departure. >> i want to thank ev

. >> heavenly father, we come bere you this evening ju to give you thanks, fatherly god, for what youe done in our life. >> we get up in there. anyone got a special request, you know, we lift it up. >> ask that he watches over our family, everybody's family, and takes care of the ones in need. >> bless our brothers in the circle, out the circle, our sisters in the circle, out the circle. please take care of my two daughters, everybody's kids, family. >> i'm just glad that i woke up to be able to see this day. >> tim gaffney is a former member of the aryan brotherhood. >> a lot of us, we do bible studies. not out there. but we do it individually. but i am never going home again. that's what they tell me. they may put me to death. i got a lot to think about. this place is a think-tank. you can sit out there and be tough with the fellows all you want. when you lay your head down at night, that's when the torture comes in. >> if it weren't for my radio and reading the word and reading novels, books i read right here, i would probably just go ballistic. >> gaffney is awaiting trial for cap

bere is going to have to some form of protections, or they will use their steel -- lose their steel industriesher that is the u.s. of the european union. i think they are coming. iron ore is still very much a regional market, so you could see asian iron ore prices fall domestic u.s. and north american iron ore prices remain somewhat stable. julie: we got a little local there for you. thank you. i appreciated james, thanks. -- appreciate it, james. thanks. onrlet: let's get a check the first word news with mark crumpton. mark: north korea has sounded off again in the war of words with the united days. the country's official news agency says president trump is driving the korean peninsula to the brink of war. that was after the president warned north korea not to conduct a missile test near want. he told reporters that pyongyang becausee "very nervous things will happen to them like they never thought possible." that escalating war of words is alarming international leaders. russia's war and minister, sergey lavrov, says moscow is deeply concerned -- foreign minister, sergey lavrov, says moscow

bere are many lessons to drawn from that community, the african-american muslim community. that can be and have been of great value recently in times of crisis and targeting, for predominately islam immigrant communities. >> islam has been the country a lot longer than donald trump's family has. [laughter] up, i've, growing existed in a variety of different communities. i'm from brooklyn. the mosque that i consider my home mosque has been around since the late 1950's. it is the mosque that was founded by malcolm x.. it started out in the nation of islam. shift intoade the more orthodox islam. we definitely carry on a lot of the good things that -- the good trainings and teachings that were in the nation of islam. some people have very stringent diets still. . we call the pioneers who are 60 and up. diet thathem have a consists of one meal a day or two meals a day, something they learned in the nation of islam. martial arts is a very big part of our community. there's a dojo in my mosque, a dojo in the mosque down the block. with practice orthodox islam trade we pray five ti

it would seem to make sense to challenge the ideals that lead to radicalization and i think we to beree that those need challenged. but when the assumption of radicalization effectively counters terrorism and protect the american public, so why shouldn't officials try to marginalize theology by violent that poses a dangerous to individuals and society at large. the problem is when government attempts to dictate religious beliefs, they create a myriad of tensions. the practitioner of the religion ,argeted by that government this government-sponsored religion, and appears to be a faith which is foreign to their own and one they do not recognize. context of the broad muslim community, it appears that the government is playing favorites, dictating to them what is and is not acceptable. contravenes the basic rights enshrined in the constitution that everyone, regardless of faith, should be protected under law. -- come from backgrounds were the expectation from government is they intervened to the detriment of the individual whether it be the historical memories of programs like c the mosque.

bere certainly the case to made for that. structural reallocation back to europe is driving the euro higher divorced from rate differentials. some thing i still don't understand. if it's about a structural relocation to europe why did stocks peaked in may and why haven't we seen risk assets in europe drive higher? coming up next, looking forward to the conversation. david westin making a comeback from his vacation for this man, ralph schlosstein. as we get you set up for the market action today. some big wins out there. risk off. futures are lower. -100 points on the dow. negative almost 14 on the s&p 500. you're watching bloomberg tv. ♪ ♪ jonathan: from new york city, you are watching "bloomberg daybreak." i am jonathan ferro. risk after the events of north korea and japan. futures are deeply negative in the united states. losses in europe as well. the story in the fx market, here's the picture of the four years. it is a weak dollar session with about three quarters of 1%. the euro seeing a two-year plus high. treasury yield

buy oratter how much a sell, if the fed says we will hold this at 1.5% for attorney, bere should the me. guy: probably around 1.5 percent. this is a rational approach because the alternative to buying that 10-year treasury yield and investing it over night, every night, we know it is going to be. lisa: you make it sounds illogical. it has generated continuity in markets. -- you make it sound so logical. amazon will immediately drop prices, right question mark amidst all the sudden, challenging the idea of accelerating inflation and raising the specter of more disinflation in the food industry. we can argue whether that will end up being lower inflation overall. there will be fundamental changes in the way that people consume that will threaten the model of inflation. so, i think that -- guy: phenomenal growth rate. growth rate.nal sorry. this is the key question for yields being low. as amazon goes, and you and i went back-and-forth on twitter on this yesterday, growth rate is a small portion of the big picture. most of what we pay for an most of what increases in price for the last

there is no real difference and bere is -- and it is safe to outside.long as you are safe, encourage that. >> go outside and watch this event. >> here we go, so, let's talk the solar eclipse in the movement of astronomical body that passes in front of another. if you have been watching along with us, you know nasa is using today's transit to study the sun. we use similar transits to study planets outside our solar system. >> while a total solar eclipse is a rare opportunity to learn about our son, nasa's mission has been studying distant stars for planetary transit. using a space-based telescope, scientists from research center have been measuring the changes in the brightness of stars if their planets orbit or transit in front of them. kepler has confirmed more than 2500 x so planets, or planets beyond our solar system. many are similar to earth in size and distance from their son. havees using the data revealed a vast range of planet types and sizes, and future discoveries could help enable the search for life in the galaxy. nasaer major effort at ame