carney: yes.n order to precisely answer that question, we would have had and alternative forecast with some variant of a disorderly negotiating process and we have not done that. so i cannot give you a precise answer to that. is that as has been the case since the august forecast of last year, we have assumed that the process of leaving the european union would be a smooth one. what does that mean? it means that there will be an agreement about the future trading relations. and there will be a transition or an implementation time from the negotiation to the new agreement. now. we, like everybody else, don't whatly know the shape of that will be. that is why there is a negotiation. that is why we have a range on the possible outcomes. we haven't changed the judgments. what we do have is an economy which gradually adjusts to that -- to those new trading arrangements that happened some point in the future. in the future, forecast. one of the consequences -- i will finish with that -- one of the proce

what will mark carney, can he moves the sterling down?it break a buck 30 versus very hawkishing with market participants. futures are set for a moderately in different opening. we are slightly better bid. london is up now 1/8 of 1% on the cac and the dax is up. you are seeing the equity batting away the firing of mr. comey from the fbi. you get the weather as well on the market open. ♪ manus: counting down to your market open, equities are slightly better bid. you have a nice boon coming through taiwan, hitting records overnight. a nice close in taiwan. you are seeing the nikkei nearing the 20,000 level. records in the s&p. people are starting away the politics of what trump did yesterday, 24 hours ago. the markets have seemed much more interested in terms of the liberty on the equities 7340.5.se, matt miller has a dashing chart on oil, i understand? matt: i'm looking at a three-day trade, which is key. we had massive gain yesterday, more than 3% on both brent, the upbal benchmark, and wti, more than 3%, both of 1% in this morning's tradi

this is one of mark carney's comments. mark carney: brexit will play an in port and roll factors will include the outlook for the economy and inflation. in judging the appropriateness of the monetary stance, the committee will monitor closely incoming evidence regarding a range of factors. -- brexit will play an important role. nejra: this is where the discussion of wage growth came, mark. what mark carney was arguing was that a lot of the inflation above forecast we've seen -- we -- above the rate already was due to a weaker sterling. sterling might rise as a result of that. from does inflation come that they are seeing beyond the three years of their forecast? it could come down to wage growth. it wasn't necessarily clear in the news conference exactly how that would happen. gap talked about the output and they talked about those domestic price pressures. in the near term, the emphasized that it could be difficult for households in terms of wage growth and the impact on real incomes. they see wages turning positive in th

a little bit of carney-like perspective. guy: carney-like perspective.loomberg. this is what is happening with the savings rate. that is the white line. this is what is happening with real earnings. real earnings are going down pretty fast. is that going to be enough to keep the bank of england where it is right now? and where it is for quite some time to come? tom: this is a joy. doesly, mohamed el-erian not join us early in the morning because he is getting his beautyrest in california. we have a substantial conversation this morning. he is that pimco and is at allianz. we take for granted the publishing. how do you produce so much copy? thatis the pixie dust allows you to get so much opinion and editing out the door? mohamed: it is simple, tom. there is so much going on. ride from starbucks to airplanes, there is so much going on. it is a fascinating time. cambridge to the library, nobody in there was talking about the vix or volatility and yet there are times in our history where you get this quiet. greenspan would call it the quiet since -- quiessen

here‘s what the governor mark carney had to say.13, a depreciation caused by market expectations of a material adjustment to the uk‘s medium term prospect as it leaves the european union. the contribution to inflation of higher import prices is likely to fade gradually throughout the period. the extent to which domestic cost pressures pick up all the time and where cbi inflation settles towards the end of the forecast. mark carney. so what will this mean for our pockets? alix stewart from schroders joins us now. thanks forjoining us. what will this mean for the way we live our lives, our standard of living? well, it is hard to tell at the moment. at the moment, as mark carney said, inflation has been rising because the currency has been weak, affecting people as prices go up for imported goods. wages are not keeping up with it, and we are feeling the pinch right now. the big question going forward is actually what happens to wages. do they start to rise more quickly now that unemployment is still low? mark carney there seems to sugg

anna: mark carney can be outspoken on some super thursdays.course we had the election on the horizon. >> yes, we do. if ever there was a time for mark carney not to rock the market, this could be it. as theonths ago even bank of england raised its inflation and growth forecasts, he managed to maintain a dovish tone. now there are more concrete reason for him to do that as well. these are the first comments that the boe went into pre-election fervor. analysts are saying is likely to talk down the rate hike expectations and if you look at the markets, those expectations for a rate hike have been pushed further out. in march there were something like up 50% chance of a rate hike by the 2018. by now the market has pretty much priced out the probability of a rate hike before november. thank you very much. let's talk about that breaking news crossing now. the insurance business out of italy, the largest insurer, net , also missing estimates falling versus the year earlier. q1 results concern -- confirm the strategic profitability objective has been

vonnie: is it a possibility that mark carney will never raise rates again?ub -- certain a number of years left in their may not be another increase in that time. >> it is possible that he departs before get a chance to list rates. is that going to happen? we think the rates will probably go up in the second half of 2019. the uci.'s talk about forecastnd inflation is a big event today. so the projection has been raised to 2.4. it expects inflation to accelerate again at the end of the three-year forecast. is you havehave inflation being a little bit stronger. that can be the exchange rates having a bigger effect. the next chunk is the domestic weakness setting and and as the end, because the bank of england thanks interest rates are too low, that prompts too much wage growth and you have inflation going up again. it is a little bit of a roller coaster, but there's logic behind it. mark: the economy will remain around trend? >> there's not too much overheating. it is a modest mark: forecast. on wages, which we love to talk about as well, he expects no increase

mark carney kicked off his mixed message on the uk economy with a warning.to be a more challenging time for british households over the course of this year. real income growth, the user to demolish the —— terminology, will be negative. use theirs, it won't keep up with prices. consumers are split between the worried and those who seem more positives ahead. no matter what you buy in the shops these days, everything has gone up in price.” do think it is going to get worser when brexit hit hard. i'm not looking forward to the consequences of brexit. we are seeing stability in the uk and that's positive. i think the economy is on the way up. i think you've got no choice but to kind of look where your money is going in terms of shopping, spending, holiday prices obviously going up as well. it's those rising prices the bank is focusing on, saying it expected inflation to rise by 2.7% this year. that is ian sharpe contrast with the rise in earnings which will languish atjust 296. -- earnings which will languish atjust 2%. -- that earnings which will languish atjust

tim carney, welcome back.alk about the reduction in snap, the food stamp program that ballooned under obama. the recession had a great deal of impact. what does a 25% curtailing mean for lower income people in this country? >> it brings us back to where we were in say 2007. i don't have the exact year. but we are going back, not to the stoneages or a time in history when people were starving on the streets. it's a level of spending that we are good with but a few years later it has to be much higher. the hope from the trump administration is this will be bringing the program back to its purpose, that when you have a single mom and she needs to feed her family, that she is getting help to feet her family and it's not keeping somebody from going back to work. i have my food food stamps. can the federal government mike that distinction without driving off people who need it or keeping on people who don't? i'm not sure. kennedy: of course when ther president clinton reformed welfare he was widely applauded by the

>> i -- you heard governor carney talk about it this morning. one and a half trillion dollars more in capital, like a trillion dollars more in liquidity, resolution and recovery are protocol has been done. i think in that respect we are afforded the position to take stock. and i think that's very, very important, around as we take stock we can really think about sort of the two dpoents components of what would prize this. we spent the better part of the decade thinking about the safety and soundness of financial institutions, because they were not safe and sound enough prior to the financial crisis. and it becomes critical now that they are to ensure that they're fulfilling their role in society and in the economy to support economic growth and in an appropriate way. and in that context, that's really what we need to be thinking about and just to sort of provide a little bit of a framework around that, you know, in the u.s. alone where we've got sort of two times the international standards, that reflects a gold plating that's worth about $49 bi

waington examir commentary editor, tim carney. welcome back, tim. >>hank you, aren't you glad we didn't get a president who does petty complaints on twitter. wouldn't be that so embarassing. kennedy: it's amazing, i'm moving to france because he just makes so much sense. i read that you quote and says the media says i can't talk about that. what is she talking about? >> i think she's talking about the fact she got blowback when in her public appearances in recent weeks she went ahead and blamed misogyny, she blamed fbi director james comey. she blamed the russians. she blamed everybody for her loss except for herself and a lot of her surrogates are blaming bernie sanders supporters for not getting behind her. kennedy: why would they? how are they obligated to support a bad candidate? >> it's a reasoning, you and i are used to that accusation, but what you've got here is people, some in the media who even though they're left leaning get tired of clinton complaints and said how about you blame yourself, you acknowledge where you went wrong? i think wh

but, as mr carney made clear, that all depends on achieving that huw.re, our economics editor. hospital waiting times in england are at the worst level for five years, according to a study of the latest nhs data. the health foundation, a charity which conducts specialist research into health policy, said key targets were being missed, and there were longer waits for accident & emergency, cancer treatment and routine operations. our health editor, hugh pym, has been examining the findings. jim has prostate cancer, he faced long delays between seeing his gp, going for tests and then having surgery. he's one of a growing number of patients in england facing long waits for cancer treatment. it affected every part of my life. it affected my personal life, my work life because you're waiting around and it becomes more and more clear that you've got something wrong with you. so i went for so long without any treatment at all. at least 85% of patients should start cancer treatment within 62 days of being referred, but that target hasn't been met in england sinc

carney to markets, you are mispricing it. markets to carney, we ain't.: that line that was in there about having surprising -- was at odds with everything else in the report. i think the market look at the report and saw where the inflation forecast were lower than they were before. and just thought, there is no pressing need for us to get hikes. i wonder if they are trying to nudge the market around, rather than actually say that we are going to be hiking soon. tom: you talked about economic growth and convergence. are the central bank is converging? is there a convergence of theory by central banks? the extent the economies are synchronizing, it allows central banks to talk in similar ways. i think there are some big global themes. the end of the q.e. era. the ecb and the fed talking about balance sheet reduction. but the bank of england is maybe the odd one out here, because of this brexit thing. tom: is governor carney a forward guidance? andy: he has done a variety of forward guidance. here and there. they have not necessarily panned out that well i

mark carney kicked off his mixed message on the uk economy with a warning. time for british households over the course of this year. real income growth, to use our terminology, will be negative. to use theirs, wages won't keep up with prices. consumers are split between the worried and those that see more positives ahead. no matter what you go in to buy nowadays, even the shops, or even for the animals, whatever, everything has gone up in price. i do think it's going to get worse when brexit hits hard. so i would say i'm not really looking forward to the consequences of brexit. we are seeing stability in the uk, and that's a positive thing. i think the economy is actually on the turn, on the way up. i think you've got no choice but to kind of look where your money is going, in terms of like shopping, spending, holiday prices obviously going up as well. it's those rising prices that the bank is focusing on, saying it expected inflation to rise by 2.7% this year. that is in sharp contrast with the rise in earnings, which will languish atjust 2%. over the next

as well as governor carney for working on this bill in the past year. i look forward to it being signed into law and yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the gentleman from arkansas, you're recognized. mr. hill: mr. speaker, i appreciate the work together on this bill and i don't have any other speakers on this particular bill so i yield back the balance of my time. prepared to conclude. the speaker pro tempore: the gentleman yields back. the question is will the house suspend the rules and pass the bill h.r. 910, as amended. those in favor say aye. those opposed, no. 2/3 having responded in the affirmative -- the gentleman from arkansas. mr. hill: mr. speaker, i ask for a recorded vote. the speaker pro tempore: does the gentleman request the yeas and nays? mr. hill: i request the yeas and nays. the speaker pro tempore: all those in favor of taking this count by the yeas and nays will rise and remain standing until counted. a sufficient number having arisen, the yeas and nays are ordered. pursuant to cla

john carney signed bills to fight the state's addiction crisis, expanding access to strengthen oversightf opioid prescriptions. he called for an all hands on deck approach to fight the opioid epidemic. >> brandywine hospital in coatsesville, phoenixville hospital, jennersville hospital in west grove, pottstown memorial medical center and chestnut hill hospital have been sold. the deal is expected to close this summer. they'll rebrand it tower health serving 2.5 million people. >> they made quite a splash 19 years ago. the griffin quinn tu quintuplet. they are now approaching a real milestone. >> the griffin quintuplets are graduating high school in a week. since they were born, the five do everything together including working here at meadow wood senior living. >> they make suggestions what is better on the menu. they come over with a smile. that's the nicest part. >> they are lovely young people. werwe are delighted to have them here. we are glad they are each getting a scholarship. >> thursday they'll present the kids a scholarship, a little over a thousand dollars each. >> it's great

. >> if you add up all the days "lockup" senior field producer susan carney has spent working in jails and prisons, it would total nearly three years and counting. >> how long you been in? >> not that long. >> carney has filmed in more than 50 correctional facilities and seven different countries. and she has met hundreds of inmates, coping with solitary confinement. >> they kind of run the gamut. i've seen people who sleep all day long and all night long. there's almost like this constant state of depression. then you see the ones who are just so, so needing to have their voice heard since they have no one else to talk to, they'll make a tremendous amount of noise, they kick the door, they're constantly screaming. mental health issues arise because you are deprived of what's so basic, and that's just interaction with another human being. and i think that that can cause a lot of negative effects on somebody. there's a sadness to almost every segregation unit i've been in. in general dealing with inmates who are in segregation, they require a lot more of our time and our attention. beca

with us tonight, andy carney and brian bennett. andy, what's it like covering a story as a deadline matter, day to day, with this presence on his phone of the person we like to call the leader of the free world kind of trolling the proceedings? >> i think at this point it's expected. it's sort of like, well we have to wait to see what the president's reaction is at the ends of a big day when we know he is going to weigh in on anything to do with russia, this cloud's been hanging over the administration of one thing about the tweets you just read, the one where he says that clapper said there was no collusion. first of all clapper didn't say that. he said he couldn't comment because it would affect the investigation. trump actually made that tweet the background of his entire twitter page which sort of works symbolically. the issue they can't shake. this came after a good day on health care as always happens with the trump administration. within 48 hours there is a russia story that sort of overshadows it. of course trump was going

today governor john carney signed a bill that forces students over the age of 16 to get consent from a guardian before they can leave school without graduating. they would also have to meet with the school about the dangers of dropping out. >>> up next, the nbc 10 investigator will reveal how your personal information could be at risk of hacking if you need emergency responders in one local county. new at 6:00, how police are acting on those concerns tonight. >>> plus 360 degree water views. the new attraction for one local beach town that's getting a lot of attention ahead of the holiday weekend. chris christie: addiction is a disease. it can happen to anyone. help is within reach. all you need to do is ask. vanessa: i was a full-blown heroin addict, selling my soul to get high. but i got help, and you can too. james: i just know i didn't want to feel that pain anymore. i got help. you can too. aj: most people think addicts are beyond help. when i see an addict, i see hope. chris christie: don't suffer. don't wait. call 844 reach nj or visit reachnj.gov. >>> a major update on the cy

. >> more from the economic conference with bank of england governor mark carney on the effects of international financial regulations. the institute of international finance hosts the forum. >> thank you very much, tim. thank you all for taking a few moments before lunch, between tax and before lunch. that's a tough -- that's a tough slot. but i wanted to come back to the iif's washington policy summit. i was last here at a similar gathering in 2011. which was very early in the international financial reform process. and from the iif's perspective of that time and they've done a lot of thought and research about the issues at the time, there were three major concerns about that reform process. the first was whether or not the reforms were consistently implemented across the g-20, secondly, what about regulatory arbitrage, particular fli shadow banking? and thirdly, whether the reform process itself would impair the recovery that was just beginning at the time. and i'm going to start by suggesting that those debates i would suggest have been largely settled to the positive. they're being consist

delaware governor john carney was in the parade as well, shaking hands with neighbors along the way. this is the 150th year for the parade. >>> also tonight, why the u.s. military is celebrating this launch from the california coast. >>> plus, grab your passports there is a new flight from philadelphia international. see if iceland should be your next destination. >>> and see how the 76ers star player showed kids how to trust the process. for years, fios has been promising fast internet to small businesses. but for many businesses, it's out of reach. why promise something you can't deliver? comcast business is different. ♪ ♪ we deliver super-fast internet with speeds of 250 megabits per second across our entire network, to more companies, in more locations, than fios. we do business where you do business. ♪ ♪ >>> it's considered a major milestone tonight. the u.s. military cheered a successful missile defense test. they launched an intercepter missile from the california coast. the target was another missile launched by the u.s. from the marshal islands. >>> the suspect who went on a

carney's consumer products and retail practice. greg, thanks for joining us tonight. >> thank you. >> you say that the consumer right now is the strongest part of the economy, and yet we've had so many store closures this year. bankruptcies by many retailers. and this week was an especially difficult week for department stores. why the dichotomy, what's going on here? >> the problem isn't so much with the consumer. the consumer tends to get blamed for the inability of many retailers to meet that consumer need. the data would suggest that consumer spending is there. the failure comes on the part of most retailers to meet that demand profile. >> so consumers are spending, it's just where they're spending, and it's not with department stores right now, right? >> absolutely. >> so what do they have to do? what's wrong with the business model of a department store these days? >> well, we've done some interesting research on the consumer at 250, which is really looking at the consumer behavior ten years out. what that will show you is a

how much longer do you think carney is tethered to this? until the end of the transition, at the end of the two-year period? how much tolerance is there for over inflation? >> i think there's quite a bit of tolerance. i think the inflation affects here are not about underlying wage and price dynamics. there is this extraordinary cloud of uncertainty around the brexit negotiation process, which will be with us for the next couple years. it's going to be a dampening influence on things like business investments and some areas of the property market and consumer discretionary. from that point of view of the tolerance from the bank of england is considerably greater than it might be another countries. anna: the bank of england inflation report, carney wanted to introduce this idea that they could be more hawkish in a couple years, but the market didn't seem to buy it. >> i think that's the basic point. of course the economy is near fully employed. these measures that have been adopted in recent years are extraordinary. but the reality is things

. >>> today, governor carney will sign a law that expands access to drug treatment centers and cracks down on how opioids are prescribed by doctors. it will allow the department of justice to step in and assist people denied treatment in programs. >>> and a man under arrest after passing out free samples of heroin to people on the street. here's the cache and drugsconfi. the suspect, angel rivera, did not know that two of the men he handed out dozens of free baggies to were undercover septa cops. >>> philadelphia police arrested a 31-year-old man for the death of a 6-week-old baby. police were called to the homoon willis avenue last week. the baby was taken to the hospital with a bloody nose. the baby later died. the death was initially ruled suspicious. homicides detectives say the cause of death was multiple traumatic injuries. >>> today in north philadelphia, red cross volunteers will be going door to door handing out smoke detectors in a neighborhood still reeling from a fire that killed two children and their grandmother. memories and charred photos are all the family has left. 7

significant real—terms pay cut for nurses. a significant real—terms the bank of england governor, mark carneyil to keep up with rising prices. as part of our reality check series on key issues in the run—up to the election, tonight steph mcgovern examines what has happened to pay. tonight steph mcgovern examines whether you think the politicians are spinning you a yarn or not, the key issues being debated are really important to lots of people, not least how much we are being paid. if you look back over the last decade, average wages in real terms have been falling. decade, average wages in real in other words, the cost of living has been going up faster than pay and that means we have been facing a pay cut. even though we have seen wages start to go up over the last few years, there is a lot of catching up to do. to go up over the last few years, before the financial crisis, average weekly earnings when you take into account inflation, were £476, now they are down to £467. inflation, were £476, now they by their very nature, these figures are averages, so therefore they vary depending on wha

consumers are feeling and behaving will stop this is a consumer what we think and feel, not mark carneyg us what to think and feel and what is interesting there is still a lot of confidence. your last presenter talked about uncertainty, in the face of uncertainty, there is a high degree of consumer confidence in the data we are reporting. should we be surprised by uncertainty because there are so many things going on at the moment it is hard to know which way the economy is headed. how do you navigate that?” think what is going on, there is ha rd think what is going on, there is hard data, gdp data, and soft data, such as the consumer confidence survey we run. what is going on is the two are matching. we see a level of confidence. it is just bumping along the negative. after brexit we saw it dropped dramatically, minus 12. the lowest it has been is the low 30s, during the beginning of the last financial cycle. consumer confidence is depressed but stable. notjumping confidence is depressed but stable. not jumping around as confidence is depressed but stable. notjumping around as one migh

mark carney talked last week when he gave the inflation report about it being a challenging time ahead squeeze on real wages which will affect consumer spending, and that could push through into the real economy. we have had reports that ford are set to cut 10% of their workforce potentially. it is interesting in the car industry, we had a headline that tessa had surpassed ford and general motors as the most valuable car company, yet they make a fraction of the amount of cars, it is tough times for the traditional producers? absolutely. ford making $3 billion of cost cuts, and they will be on a bit of a collision course with donald trump. there was this thing about opening a plant in mexico, and they scrapped that plan and instead promised to have morejobs in michigan. this report in the wall streetjournal, talking about 10% of jobs report in the wall streetjournal, talking about 10% ofjobs in north america and asia. 200,000 people worldwide. that's a large number of people. and ford's response has been not clear one way or the other? no, it looks as if this is quite a well sourced rep

brexit negotiations are set to be raised this year, but governor mark carney is raising some eyebrowssed on a smooth departure from the eu, something that not many are betting on. is this decision all about brexit? brexit intertwined through about every statement made by the bank of england in its policy statement and inflation report about growth, where the economy is heading, and about monetary policy. basically, mark connie said this is a smooth path, it could be rocky for now. they can change their forecast and cap, but in this particular theing, they voted to keep rate at 0.25%, a record low. is brexit, hitting british pocketbooks. there is what mark carney said at the press conference. >> with mage growth -- wage growth watering -- wage growth reflecting market expectations of a more orderly brexit process. >> and in reference to which or really process, we shall see. but the biggest thing down the road has been seeing growth after brexit past, starting to rise again, and looking at better investment and fiscal policy -- assuming we are going to get decisions made decently with

kennedy: is she the dog or the carney? jimmy: you can't get mad at her. with the amount of money she charges for a speech. she loves throwing stuff out there. kennedy: she also said alonzo is better than king jims. kirsten: it's incredible the lying about nixon was an amal city for her husband. her husband is the one who got impeached. kennedy: wasn't she fired from the watergate investigation? wasn't she such a hack they kicked her off? ben: the fact she said we are under assault. truth is under assault in america. are you aware of who you are? kennedy: like o.j. simpson. ben: find the real killer. kennedy: psint trump taking a swipe at germany after angela merkel suggested germany relying on the u.s. is over. they reportedly disagreed on nato cleansing, climate change and trade. the big three. this morning he tweeted, we have a massive trade deficit with germany, plus they pay far less than they should on nato and military. very bad for u.s. this will change. so i think that angela merkel is have much in love with our 44th president, barack obama. ben:

mark carney says he may have to raise rates sooner than expected, but also said it presumed new adjustmentsthe new relationship with the european union. traders question the likelihood of that outlook, and that sent the pound down. >> we have assumed the process of leaving the european union would be a smooth one. what does that mean? there will be an agreement about future trading arrangements, and that there will be a transition for an implementation from the negotiation to the new agreement. paul: global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. sophie: on to our top stories. the philippine central bank left its interest rate at a record low, saving ammunition as inflation pressures persist. further with it the person who will take the top job at the bank in july. ,ou are a three decade veteran price stability will be a priority when you take the role of governor on july 3, but with inflation at the fastest pace since 2014, how will this shape your monetary policy outlook? >> hello. good morning. this, we areok a

knows better than anybody that this city will not be beaten and will stay strong as councillor pat carneyhat the city will recover, and it will, won't it? this is the biggest crowd i have seen in albert square. people were determined to turn up to show the families that we care about them and to show the rest of the world that the evil that came to manchester would be rejected. we will not cower against that even though. we will carry on our values in manchester. if you look at the crowd here, it is a great manchester crowd. what is your message? it is a multicultural city with many different faiths. what would be your message to the people of manchester tonight, some of whom will feel angry? when we get through the tears and the grief, and there will be a lot of tears and grief with funerals coming up, we will show that manchester's values of mutual respect and peace, exemplified in this crap tonight, this is worth fighting for. we will get beyond the tears and grief and we will get to what manchester is brilliant at — fighting and standing up brilliant at — fighting and standing upfor b

tim carney crunches the numbers on who are the biggest winners and losers. freedom is sacred.splay of freedom than an american pop superstar singing at the top of her lungs to a crowd arena full of preteen

. >> mel brooks, david bowie, art carney, muhammad ali. >> but the weirdest thing about this story...eally solid. nothing's going to fall off. >> ...is how the square from the burbs ends up with both. >> i can only imagine this driving around the streets of new york. >> will this two-for-one strange inheritance -- >> i've got $150, can get a $175? once, twice. first piece sold. >> ...ultimately add up? [ door creaks ] [ wind howls ] [ thunder rumbles ]

. >> mel brooks, david bowie, art carney, muhammad ali. >> but the weirdest thing about this story...d. nothing's going to fall off. >> ...is how the square from the burbs ends up with both. >> i can only imagine this driving around the streets of new york. >> will this two-for-one strange inheritance -- >> i've got $150, can get a $175? once, twice. first piece sold. >> ...ultimately add up? [ door creaks ] [ wind howls ] [ thunder rumbles ]

easy job for mark carney, even with inflation a target? jamie: nobody is going to be too worried.k: have a look at what is happening -- literally four minutes away from the and of the thursday session. what a day it has been. we have 30 minutes left. this is bloomberg. ♪ ♪ mark: live from london in new york, i am mark barton. stocks finishing up, now after , no such thingns as record highs. little movement for the benchmark this week. interesting story in the u.k., talking to jamie about it, the .conomy slowing more than .2% .he earlier estimate was .75 there are a number of things that stand out, trade, knocking 1.4%. that is record try on consumer spending, household adding the least since 2014. this is the evidence the brexit vote is hitting the economy, the squeeze on households. this is a fascinating chart. this is the german 10-year yield going back to may last year. you can see the trend from .15 to .50. economists and analysts suggest and tell us this yield will hit 73 basis points for the end of the year. thewe were unable to break 15 basis point level. first was the dutc

thanks, jan, i tried all the contacts in your mom's phone and they only reached who bows and carneys.our tweet was so boring. cynthia tweets, use a normal speaking voice. your annunciation drives me crazy. next up for people who hate how i sound it's nick. he says, hey, kennedy you talk with a lisp. kennedy: j.w. writes, i like the when you are on so i can change the channel. kennedy: don't change the channel, just turn the sound down and tape up a picture of lou dobbs. that what they do in my house. tomorrow marks 40 years since one of the greatest movie fran choose is of all times was born. dear predictable, there's no other way to say this. it's over. i've found a permanent escape from monotony. together, we are perfectly balanced, our senses awake, our hearts racing as one. i know this is sudden, but they say: if you love something... set it free. see you around, giulia ♪ so she only earns double miles on purchasesit card. she makes from that airline. what'd you earn double miles on, please? ugh. that's unfortunate. there's a better option. the capital one venture card. with ventu

in the wake of last thursday super thursday, the attention 's wagemark carney projections, some might say optimism over the progression of wages into the distance. today we have heard from -- they say britain is facing a rocky labor market. that will limit improvement in wage growth. are you more on the side of the bank of england, or are you more cautious in this pathway of wages over the two to three-year period? roger: frankly, we just do not know. that there is a good chance we will see some sort of pick up in wage growth. i expect the economy overall is doing pretty well. we may well see an increase in productivity growth. to get real and comes up. it is not nominal earnings that matter. u.k.'s performance has been appalling. that is one reason we may be getting better. we will find both employees and employers over the next couple of years being cautious, because like everybody else, they will worry about brexit. they will not want to take that many risks. it might be in the future that we get the pace of wage increases picking up. book, don your latest you foresee a stronger or

thanks, jan, i tried all the contacts in your mom's phone and they only reached who bows and carneys.ecause your tweet was so boring. cynthia tweets, use a normal speaking voice. your annunciation drives me crazy. next up for people who hate how i sound it's nick. he says, hey, kennedy you talk with a lisp. kennedy: j.w. writes, i like the when you are on so i can change the channel. kennedy: don't change the channel, just turn the sound down and tape up a picture of lou dobbs. that what they do in my house. tomorrow marks 40 years since one of the greatest movie fran choose is of all times was born. ♪ when heartburn hits fight back fast with new tums chewy bites. fast relief in every bite. crunchy outside. chewy inside. tum tum tum tum new tums chewy bites. and sometimes i struggle to sleep at night,blind. and stay awake during the day. thiss called non-24. learn more by calling 844-824-2424. or visit your24info.com. a 10-speed direct-shift 5.0transmission.ine. a meticulously crafted interior. all of these are feats of engineering. combining them with near-perfect weight distribution

thanks, jan, i tried all the contacts in your mom's phone and they only reached who bows and carneys.e air. i almost soiled myself because your tweet was so boring. cynthia tweets, use a normal speaking voice. your annunciation drives me crazy. next up for people who hate how i sound it's nick. he says, hey, kennedy you talk with a lisp. kennedy: j.w. writes, i like the when you are on so i can change the channel. kennedy: don't change the channel, just turn the sound down and tape up a picture of lou dobbs. that what they do in my house. tomorrow marks 40 years since one of the greatest movie fran choose is of all times was born. now that fedex has helped us simplify our e-commerce, we could focus on bigger issues, like our passive aggressive environment. we're not passive aggressive. hey, hey, hey, there are no bad suggestions here... no matter how lame they are. well said, ann. i've always admired how you just say what's in your head, without thinking. very brave. good point ted. you're living proof that looks aren't everything. thank you. welcome. so, fedex helped simplify our e-c

what is governor mark carney -- is the bank of england right to base its forecast on a smooth brexit?e right to say that brexit happens smoothly, rates will have to go up quicker than the market is currently anticipating. as you said at the opening of the segment, investors do not believe that. i do not think anybody believes given what we have seen so far that the brexit process will be smooth and the deal will be as all-encompassing as the prime minister would like. therefore, we have a bumpy road ahead and that is not something they are sharing with the market. nok: no bumping us in -- of thess in my battle charts yesterday. this was the victor yesterday that shows the lack of volatility, the calm ahead of the election. when you look at the other key political events in recent years, brexit, 2015, scottish referendum, there is no sign of worry, which is refreshing given what we experienced pre-french election. richard: i think what this means for the pound is in the short-term, by dan amick -- the dynamic is that the pound has seen shorter upside. it would not surprise me if you sa

governor john carney will deliver remarks at the veterans memorial cemetery at 10:30 this morning. a similar ceremony is scheduled at the foot of the delaware bridge tuesday morning. >>> keep track of the weather and all the events in your area with the free nbc 10 app. >>> new this morning, a woman is dead after she was hit by a driver who kept going in bucks county. police have identified her as donna anderson of bristol township. nbc 10 is on the scene in bristol where the deadly collision happened before midnight route 13 at beaver dam road. witnesses tell police the victim was hit while crossing the intersection at a crosswalk. investigators are looking for a dark-colored minivan with heavy front end damage. >>> septa police cruiser, the video you're look at right now, a driver hit the cruiser around 2:00 this morning. septa tells us the driver ran away from the scene but was arrested nearby. no officers were injured in this accident. >>> two philly police officers did get injured in this crash in wisenoming. the officers were responding to a shooting at the time of the accide