and when it came to financial data we worked with the legislative and budget analyst with the budget reports and california tax allocation committee website. we used books and articles and the web to find current programs in the city and affordable housing programs in other jurisdictions. none of the jury claimed to be housing experts. so there are no policy recommendations. what we tried to do was understand and clarify the city's approach to providing affordable housing in such a way that it was understandable to all. we made our recommendations based on what would help the public monitor and support the efforts that were being made and to hold the officials accountability for the trust fund that the citizen passed overwhelmingly. hans carter was the lead writer of this report and unfortunately family matters have interfered with him being here today, so make agy a critical member of the committee will present the report today. after the housing report you will hear about "jails." all civil grand juris are required to tour the jails, but not all the juries write a report. we visite

graph will update automatically and you will not need to build a new graph every time that new financial data comes in and the last thing that you can do is that you can mash up the data so you can take the data and even if the data source is from another department and if, for instance, the city's geographic team posts a zip code map and we have data that aggregates to the zip code level. in this is a that is right ha the staff presented on the information technology that shows that each department's contributions to the open data effort and despite the fact that we are one of the smallest departments, we are basically the largest contributor by far, and the second, department is there, and that is, data sets, that were contributed where the document and the department did not label they take the information and the lobbyist forms that are filed with us and the campaign reports which are compiling the data together and we put it altogether, on one display. so how do people do this before we have the dash boards and i think that it is important to get an idea of where we have come from, when

bloomberg is coming back to take over the financial data and news service in january. bloomberg's company has grown to more than 15,000 people in 73 countries. he is worth more than $32 billion. >>> tesla motors is expected to build a huge new factory in nevada. the company will spend $5 billion on the facility near reno to make batteries for its electric vehicles. nevada beat out california, texas, arizona, and new mexico. to win that plant. it will employ more than 6,000 worke workers. >>> here on wall street investors will watch for weekly jobs data. the dow rose 10 points wednesday, the nasdaq was down 25 and the s&p 500 fell a point. >>> a 4% drop in apple helped push the marks lower. samsung unveiled two new smartphones. the galaxy edge got the big buzz. it displace tools, tool bars and even games. mcdonald's and other companies will be targeted by worker sit-ins and other labor protests. they're escalating their campaign to utilize workers. they want to raise the minimum wage to $15 an hour. >>> and for the first time luxury retailer neiman marcus will build a s

in the glaring omission of this legislation is any requirement for financial data to demonstrate the need for landmarking at all. thank you. >> any other member of the public, please come up. >> good afternoon, commissioners, my name is decemberary -- desiree smith on behalf of san francisco heritage. we are here to request the proposed designation for designated landmark office use in pdr districts. we feel these amendments strike a balance for the need for preservation incentives and as well as the need to support the intention of important pdr uses in our city. of course while this commission maintains dhoorjs look in the interest of historic preservation we feel that as members of the preservation community it's our responsibility to ensure that we conduct our preservation activities in socially economically responsible ways. so we are very encouraged with that. the commission is having such a robust conversation about these issues. we also would support the ideas to add a requirement for an hsr or economic analysis or quotes to help inform the decision. thank you. >> any other m

as for earnings, look for results from financial data providers and as well as adobe systems. >>> nowesident obama's targeted mission against isis takes effect as the eu -- the u.s. military carries out its first air strikes on iraq. more on washington's campaign, after the break. who's going to do it? who's going to make it happen? discover a new energy source. turn ocean waves into power. design cars that capture their emissions. build bridges that fix themselves. get more clean water to everyone. who's going to take the leap? who's going to write the code? who's going to do it? engineers. that's who. that's what i want to do. be an engineer. join the scientists and engineers of exxonmobil in inspiring america's future engineers. energy lives here. >>> welcome back. let's give you some headlines. the tech sell-off in the u.s. bleeds into european trade as investors could be making room for the alibaba ipo. calpers is getting out of its $4 billion hedge fund calling them costly and complicated. >>> and the u.s. carries out its first expanded mission in iraq. >> as was mentioned, u.s.

could hamper the agency's ability to identify and monitor privacy risks and protect consumer financial datatell you congressman. we've been down the road a lot with a lot of different private companies. here is the federal government who will do the exact same thing. what are you growing to do to protect us? >> voters understand when big government meets big data, they better be concerned some what we need to do is change the budgeting process of the cfpb so they are accountable and have government oversight. take steps to make sure this data is made, is kept anonymous and not able to be traced back to the individual consumer. we ought to have opt-in requirement so that consumers are not required to have this data collected. this is, voters understandably are concerned. they don't trust government. we need to do more to make sure they're protected. david: congressman, thanks for being with us. >> thank you. gerri: we still have a lot more to come this hour including your voice. your voice is important to us. that's why during the show, we want to you facebook me or beat me at gerri willis f

financial data. >> your passwords. ah-ha. >> we know it's going to happen.time it's going to happen. >> you shouldn't have to be worried -- >> so you have to deal with it. >> all you're doing is you're saving -- you're forced into this. with you or without you we're seng sending your stuff to the ipad. they get you in these situations. >> the irs emails get deleted but your pictures on the phones don't. >> concerning some of these women are in movies where you can see everything anyways. >> maybe we have to rethink. i don't know if you use quicken, if you backed it up, any leariness of that? >> yeah. >> you shouldn't do that. >> no. >> nothing is safe out there. >> that will do it. we'll talk to our lawyers in just a second. so what we're looking for is a way to "plus" our accounting firm's mobile plan. and "minus" our expenses. perfect timing. we're offering our best-ever pricing on mobile plans for business. run the numbers on that. well, unlimited talk and text, and ten gigs of data for the five of you would be... one-seventy-five a month. good calculatin

dow up load stuff to a cloud or online material or financial data of your own or your family, to thet? >> answer is no. neil: really? >> yeah. neil: you're putting it all on the hard disk. >> for me, and i'm, i'm the vietnam generation and before. for me i want to make sure i have a written record of everything i have, so in the event everything disappears into the ether, i can say, hey, listen this is my stuff. neil: i have this 4account right here. governor, thank you very, very much. very wise words. so the nfl catches a lot of hell over domestic abuse but the media voices similar reports about a female soccer star named hope solo, the domestic abuse double-standard coming up. >>> but first, big bucks going to fight ebola. a former fema director saying bigger paycheck, often times the bigger problems. bigger problems. ♪ you know what my business philosophy is, reynolds? no. not exactly. to attain success, one must project success. that's why we use fedex one rate. their flat rate shipping. exactly. it makes us look top-notch but we know it's affordable. [ garage door opening ] [ s

of new york city, getting a new job, a job he had before becoming mayor, as the leader after financial data media company, bloomberg lp. bloomberg made the announce the yesterday saying the company's current president and ceo is leaving at the end of the year. >> the federal trade commission has fined a company that claimed it could teach infants to read. the makers of the your baby can read product agreed 18 a million dollars settlement for false advertising, the company advertised babies as young as one mastering vocabulary, even suggested they would be reading harry potter books by the age of three, four. fined the company saying claims were supported by evidence. >> yes. >> okay. i don't know if i want my kids reading harry bother now. -- potter now. do you ever keep going over your mobile data limits? auto play feature could be to blame for this. these are for videos, according to money saving expert. com. facebook's auto play where videos automatically play as you scroll through your facebook feed, is eating up your data. to start saving, go to your facebook setting on your phone, you

that web site contains social security numbers, financial data and also the names of family members formacare enrollees. but administration officials say that none of that data was actually compromised. joining me now is david catney, the senior political writer for "u.s. news & world report". oh, boy, so how on earth did this happen now? >> well, you know, i don't know exactly how much it happened or why it happened, but just looking at the information here, it looked to be a pretty isolated incident that targeted about one server. it happened in early july, and as you mentioned, no personal information was compromised. so experts say this is actually pretty common and that it wouldn't be a story if it wasn't the department of health and human services which, obviously, has had major problems implementing this web site and getting it up and running. so, obviously, there are going to be fears around anything that goes wrong with it. heather: certainly. well, the the mere fact this was hacked and, granted, no personal information was gotten, but we do know malware was installed. i'm not

we have the weakest growth since the global financial crisis and the data released over the weekend.ixed assets investment, retail sales also moderated. we saw the second straight decline in imports, a 40% drop in the aggregate financing. the numbers are not necessarily looking good for the program of cap. helen xiao at morgan stanley -- this isimportant an apartment wake-up call. slowdown, engineered or is this happening a bit faster than they wanted? will they stimulate more? will they ease policy? those are the big questions. they have done so with targeted measures. nothing massive like what we saw in the aftermath of the outbreak of the global financial crisis. in 2009. authorities do not want a repeat of the asset bubbles and bad debt, and at the same time, trying to work through. you are trying to work those problems and at the same time stimulate growth. they are kind of contradictory. the likelihood now a further monetary easing, such as interest rates or reserve ratio requirements, has now increased significantly. >> the thing is, they've got a lot of levers, as you are all

>> people would be shocked to know, when it comes to financial data, credit cards, bank accounts, sometimes it is average of six months before anybody knows the bad guys are in the network. and this tells for us again as a consumer, you unfortunately have to take matters into your own hands. we need a neighborhood watch program and that is the store, the banks, law enforcement but especially you the consumer being very vigilant and aware about what is hitting your credit card and sounding alarm if something doesn't sound right. gerri: theresa, thank you. >> thanks for having me. >> and later in the show, good news, no kidding, surrounding one of the country's most popular sources of chicken. >>> next, will tomorrow bring good news? we'll preview the jobs report and look whether the data is really matching reality. we've never sold a house before. (agent) i'll walk you guys through every step. there are a lot of buyers for a house like yours. (husband) that's good to know. we're changing the way we do business, with startup ny. we've created tax free zones throughout the state. and startup n

financial data typically isn't shared with employees, at least not in my opinion. >> do you normallyave a good night? >> not considering what we could do on a busy night. we could make 200 bucks apiece. >> and how much will you make on a night like tonight? >> 100 to 120. >> so half. >> for, like--yeah. >> i keep being told, "oh, no, this is a good night." you seem to be the only one that has an issue with it. >> i'm the only one who's speaking up. when you're not here enough to know what's going on, it's really honestly hurtful and insulting because we care about this business just as much as you do. >> i'm doing this as trying to help you guys to make more money. >> what it does is it creates animosity amongst the staff. i wish that over the last year or two, you had the same passion for the business. >> well, i have. >> no, you haven't. you wouldn't be losing money. are you the [bleep] police telling me what i need to do? greg's not in charge anymore. i'm in charge. (trader vo) i search. i research. i dig. and dig some more. because, for me, the challenge of the search... is almos

our financial data. our telecommunications data and a host of other information. she raised the issue of whether it was time to reconsider the third party doctrine. if you ask, people have a sense of privacy interest in the information they send out to third paerds. so she put up a frontal challenge. the other concurrence was by justice aleto joined by kagan and briar, i believe. didn't directly assess the third party rule but did suggest, similar to what justice sotomayor mentioned, that in a modern digital internet focused world maybe we need to step back and rethink the doctrine of the third party rule. i don't think the reilly case which dealt with cell phones suggests much more than in that case it was a concession that there was a surge. the focus was more on what the scope of the search could be. i don't know if you read as much into that. that case, too, rejected an argument at least that there was no search because all that was on the phones was the kind of data you could get from a third party. their argument being, no, it's not a third party. it's a per

. >>> the business of this network is financial data, analysis and asset markets.aking data from the eia. >> good morning to you, simon. we are bringing that data later because the traders on the floor at the nymex taking another moment of silence in remembrance of 9/11. the doe did release its new. we saw a build in natural gas of 92 billion cubic feet last week. that was more than traders were expecting. numbers were down this morning, prices that is. they dropped about 7 cents on that number. traders are saying we are above the five-year average. above where we were in terms of storage at this time last year. this is all good news as we are heading into the fall and winter and those colder temperatures are on the way. we are looking for temperatures hopefully mother nature will cooperate and stay a little bit stable in this period. if we could get build in that 100 cubic range that could be positive for nat gas. they could continue from here. >> thank you. let's send it to dominic. >> two speciality chemical makers teaming up. eastman chemical is going to buy ta

if you look at the different mos, russia and eastern europe tend to be a real nexus for financial crime, datathefts. sure, there's a 1 in 100 chance it's someone else, but 10 to 1 you're absolutely spot on. cheryl: jpmorgan, i mean, obviously not just a company, they themselves were just the subject of a hack attack. >> yes. cheryl: so are we not feeling safe about jpmorgan either? >> no. i think it's tricky for the consumer because separating the forest from the trees, today's story about what's really going on out there is difficult. but jamie dimon, he stepped up and said in their 2013 annual report we're investing heavily, $100 million. it's a never ending battle, and we're not going to win all of them. so i think getting the consumer to understand, we have an adversary, the stock market's not up every day, and just like we're not all going to be perfectly safe every day, there's a reality, but i still think jpmorgan is one of the real leaders. cheryl: which is is it? are companies just slow to the take? is are we not moving fast enough or are we never going to get ahead of -- we thought

so they have people's financial data there. they wanted to be protected.e to comply with what banks say they need to do. but they haven't instituted a new drug testing policy. >> i wonder what the cops even dr they pull you over, do they have a way of figuring out if you're under the influence. >> remember when we had somebody come on and had an app that you could -- >> that was for the breathalyzer. >> for alcohol. someone should create a -- is there an app? >> not that i know of. >> well, let's invent it right here. >> i want in on that because i'm here. >> even with alcohol, you can test the .08. if you're below that, that's not considered driving under the influence. but with pot if you have -- once again, nobody that smokes any pot at all should be driving. >> correct. >> because they go 20 miles an hour and cause axes with people trying to get around them because they're so paranoid. >> i think we have a smart audience. we have developers and engineers in the audience. pee on your phone. not breathe on your phone. >> maybe we should figure a way to d

and go into the underground and lease networks of computers where you can use that to get out data and financialorganizations or other companies with robust defenses, they will monitor any sort of connection that goes to russia. by taking advantage of these networks, it's much more difficult for investigators to follow that trail. >> we are learning more about the home depot hack attack. you did a lot of reporting on the target hack attack. could this be bigger? >> it could be as big or bigger. home depot has more stores and looks like the hackers got into the entire network and put malware on registers through the network of stores. and look like they have been on there for a long time. if they have been harvesting that data, bottom line, this could be a bigger hit than target. >> what is happening on the cyber black market right now? how much of this information, credit card numbers, how much is on it being sold for? >> quite a bit. you can get a credit card, depends how much information, how valid it is. but $10 to couple hundred dollars. tons of credit cards on the market right now that ther

your customers that the release of which could cause harm to them, financial/medical, you need to take safeguards to protect that data. we brought more than 50 cases pushing this to remind companies this is important and you need to do this to make sure you are not doing an unfair practice that hurts consumers. >> your agency is active in going after companies that collected data from consumers without permission or consent. that has come up recently in cases involving facebook and okcupid where they performed tests without telling them what was going on. do companies that perform those types of test have an obligation to obtain informed consent from the consumers? >> guest: taking the first part of the question, we have brought enforcement actions against companies that are collecting what we consider sensitive information about consumers. there was a flash light app and consumers didn't know it was always collecting precise location information that was being shared. precise location information, financial information, health care information and child information is what companies should get permission before coll

financials today. better than expected data on jobless claims in the fed meeting yesterday fueling gains.dividual stock we're watching is right eight cutting the full-year forecast comes saying lower reimbursement rates and higher drug costs are eating into the bottom line and also blamed lower profitability for newer generics and a delay in new pills coming to market. aooking at shares of conagr with first-quarter earnings that beat estimates. keeping the forecast. more coming your way next. ♪ >> you are watching bloomberg "west" paris focus on innovation, technology in the future of his. i am emily chang. cyber security firms are seeing the attacks as opportunities. announcing two new products and that stopping attacks like these. information about the actors and malware behind the attacks. also rolling out an adaptive defense security model. so how exactly can these tools stop the attack? we are joined now from martin view, california. you have been following these attacks and learning from them. you the mostt to about the jpmorgan and icloud hack? anything surprise you in particular?

withe seeing a rally financials leading the way after economic data coming putting jobless claims, beatimates this morning. people looking at the fed yesterday and receiving the commentary as dovish. one individual stock, we are watching ali baba. shares are expected to price after the close today. interest in those shares so high that the company has already raised is price range to $68 a share. depending on where those shares price, it looks like it will be the biggest ipo in history. of course, we do not know what ali baba will do. there is a lot of demand. but we can look at yahoo! which .wns a share of alibaba it will be selling part of that stake but those shares are falling ahead of that pricing. stay with bloomberg for complete coverage of that alibaba ipo. we will be back on the markets in 30 minutes and you will be back with more "bottom line" after the break. ♪ >> welcome back to the second half-hour of "bottom line" on bloomberg. it is time now for the commodities report. su keenan joins me with the details. >> that stronger dollar cutting into the appeal of commodities, ene

we have the weakest industrial output growth since the financial crisis in that data released over thend retail sales, they moderated last month. we saw a second straight decline in imports and a drop in new credit. that is aggregate financing. the numbers are not pointing towards the government hitting the target. isgan stanley says that this an important wake-up call that they need to do more. but will they do more? will they stimulate more, you some policies? -- ease some policies? they have done so in a targeted matter in the property market, but nothing massive like what we saw in the aftermath of the global financial crisis in 2009. authorities do not want a repeat of the bad debt that they are trying to work through, while at the same time trying to stimulate. go figure. sachs saysgoldman that the likelihood of further monetary easing has increased significantly. so the next move is up to you guys here in beijing. stimulate or miss. >> ok, let's do the hypothetical mental exercise. what if they miss the growth target, how significant would it be? >> what if they miss it? if they

conditions, indicators of condition pressures, and expectations and readings on financial development. we will look at the data, which tells me his crew should be looking at the data as well. about the data and the timing of the interest rate hike. will this be independent of the data or will it be more contingent upon whether or not the inflation is still at they? >> that is continued data. we will look at a bunch of data. inflation data but also the labor market data. if i could highlight something mentioned earlier, the language was they will keep rates below levels they would sooner normal. there was a big space between the zero bound and level they consider normal. they can raise the fed funds rate. i think that is an important thing to keep in mind when we look at what they're probably going to do next year. that corresponds well with what we see. >> we will continue our conversation and be back with more roundtable discussion with the fed. we are standing by for janet yellen's conference. ♪ >> our senior markets correspondent julie hyman is also standing by with details. let me start with you. we were t

itis putting together a data base of extremists and where they get their financial support.y are trying to do it. an idea that more of us should be supporting. or panel is here. charles, what do you think of this? >> i love the idea. people need to think of it as

. >> he depot shares falling after they are investigateing a possible data breach, listen to my financial reports 3 times a day, on salem radio network. lou: a publicist for actress jennifer lawrence calling release of nude photos a tkphraeutkphraeugflagrant viola. joining us now. john lucic, ceo of network security group. how does this happen? you would assume that security would at least protect individual phones, this looks like what? a broad attack on seb celebrities? >> we're in early stains of investigation right now. apple has said they did a 40 hour investigation, they have not found any weaknesses or compromise in system, but that does not mean that accounts were not compromiseed, you set' a account you are asked to put up a security pas password. typically if you put up a weak pass -- password. lou: apple said they fixed a bug, in find my iphone service that allowed one to try multiple passwords. >> if you have a system that allows someone to go on time again to try a password that is a vulnerability, it was not a breach into apple system but if that is the case that sounds like

itis putting together a data base of extremists and where they get their financial support. they are trying to do it. an idea that more of us should be supporting. or panel is here. charles, what do you think of this? >> i love the idea. people need to think of it as a classy business start up. saudi arabia, kuwait and places like that. al qaeda, chipped in. the same sort of thing. series a. always, what we don't talk about. we have $2 billion around that. where do they bank this money? i don't think a lot of americans realized from 2009 until this year, large banks have been hit with billions of dollars in fines, funneling money from iran and sudan. multibillion dollar businesses with these guys, they are probably funneling the money through a western bank, which is scary. >> ben stein, this would not be the first time we saw them launder their money through institutions but it's easier said than done to get to the bottom of that, isn't it? >> well, sir, with great respect, they are largely self-supporting. they don't have much of a burn rate. they are taking in money from

. >>> a massive data breach that put the financial information of tens of millions of home depot customers at risk. news 245 will have you checking your bank account. >> reporter: good morning to you. fraudulent purchases are starting to show up. reports say criminals have used stolen credit car numbers for electronics and groceries. in some cases, purchases have been tracked to several accounts linked by specific zip codes. home depot cards may have been infected by the beach, impacting stars in april as well as september. >> mary thompson from cnbc. thank you, mary. >>> a new bill in the strict would ban mascots like the redskins from d.c. public schools. kenyan mcduffy introduced the bill to erase all race-based mascots at schools in the county. the indians say the name is part of how they grew up. mcduffy said there is a larger issue at play. >> remember that these are very offensive and objectionable to a lot of people. >> d.c. schools released a short statement saying they don't want to offend anyone. five schools would have to change their names. the alumni plan to fight the legisla

. >>> a massive data breach that put the financial information of tens of millions of home depot customersrisk. news 245 will have you checking your bank account. >> reporter: good morning you. fraudulent purchases are starting to show u reports say criminals have used stolen credit car numbers for electronics and grocer in some cases, purchases have been tracked to several accounts linked by specific zip codes. home depot cards may have been infected by the breach, impacting stars in april as well as september. >> mary thompson from cnbc. thank you, mary. >>> you are going to want to see this brand-new kind of ice cream scoop. take a look at your screen. see how this is pointed at the front? the man who invented the midnight scoop said he was sick of having trouble scooping ice cream when it was frozen saul. rather than spooning your wrist, you are supposed to push forward using full arm strength. we don't know when we can give this a try. . >>> ooh! this morning. mint chocolate chip. >> we digress. >> we're thinking ice cream. apparently this is the first redesign since the late 1800s. t

economic and disadvantage preparation expiring the gap and talking interventions in financial aid are warranted. of innovative data systems to disentangle where the odds of completion are most challenged is highly recommended. has we mean is that ncs wonderful data sets that are useful in understanding the gaps in racial achievement. there are state databases that can also inform this question much better than our federal data sets. we recommend some form of partnership and which we get the best data to get the best research to form the best policy results that we can in this day and age. iq. >> thank you,. >> good morning, everyone, thank you to everyone for coming up thanks to all the sponsors and gary as well. this paper was written by myself and two of my research assistants. and an undergraduate student. papere tried to do in the was to provide a landscape of institutionssi that educate 20% of our college students, often times people forget that. these into tuitions as no people have been saying have a proven track record with first-generation students and low-income students and students of color. please cha

financial benefits for projects. so, if we had a policy that encouraged better data collection, i think that provides more scientific background for promoting preservation in this field. the next policy is to encourage the use of sustainable material systems and infrastructure for alterations to historic resources and within historic districts. so rather that focusing solely on the inherently sustainable practice of preserving our environment, this policy states using sustainable means of improving resources to ensure the long lived interventions. we believe this practice should in theory result in fewer interventions over time and better preservation of the resource and we believe that sustainable methods should be used in the approach for individual and historical resources and for district resources where materials, systems and infrastructure are more easily shared among sites and this brings issue of eco districts and possible combination of their use of historic district over lays and eco district over lays working in combiks -- combination to create incentive programs for these areas and might relate to the pr

release of could cause substantial harm to them, financial harm, medical information, those types that you need to take reasonable precautions to safeguard that data. been -- we've brought more than 507 data -- 50 cases, pushing those, to remind companies this is a very important thing that you need to do to make sure you're not doing an act or an unfair practice that hurts your consumers. also beenency has active in going after companies that have been collecting data withoutsumers necessarily their permission or consent. recently in,ome up you know, cases involving whereok and cupid, they've performed what they call psychological tests on users necessarily having told explicitly what was going on. do companies that perform those types of test have an obligation informed consent from consumers? >> well, to take the first part of your question first, and then turn to the second, so we have brought enforcement actions that areompanies collecting what we consider sensitive information about without their consent. we brought a case, and consumers didn't know that the functionality of a flashlight, you know, they thought, well, this is good. a flashli

families report in the triannual surveys, one of the ost comprehensive sources of data on the financial health of american families. the new report broadly the stent of the data on aftermath of the great recession underscores why so many economy thinks the remains in poor health while the are as grown, most people getting smaller slices. that's from "the new york times" morning on the washington journal. we're spending three hours talking about class in america. received an e-mail from robert in new york. i think it was the last week, swefed this. we did a three-hour show on race in america. a show on class in america. seeing this ie are morning. $25,0003880 if you make or under, between $25,000 and 202-585-3881. if you make over $50,000. 202-585-3882. 3838 for those making over $100,000 and the social media sites as well. if you get through, chances are going to ask you how much you make, what do you do for a living. little reaction to some of the economic issues facing the country, facing you personally as well. bill in canton, illinois. what do you do for a living, how much do you ta