we will speak exclusively with us cfo, garth jones. this is bloomberg. ♪ >> the way to make money in the next couple of decades is going to be in equities, but i personally am overweighted in private equity because i think private equity owners are more aggressive about addressing strategic or human shortcomings in businesses. shery: he thinks the fed about aggressive tightening means of the golden age of investing is over. our next guest set the major catalyst this week is fed chair jay powell's upcoming speech at jackson hole. let's welcome r. burns mckinney from nfj investment group. we are headed to jackson hole and we have seen this incredible volatility in the treasury market. at the same time, weaker than expected economic data. what will you be watching out for out of jackson hole to give you an idea of where the fed is tilting? >> one thing that is unique about this speech is typically the two main factors that powell has been focused on has been what inflation figures and jobs numbers have been. this one is different because

garth, thanks so much.it's fine. it is. it's fine. >> it is fine. is it fine. >> no, it's fine. >> building a better bay area moving forward, finding solutions. this is abc7 news. >> good morning. i'm reggie from abc7 mornings and jobina is looking at traffic. thank you reggie. >> good morning everyone. so we have a couple of issues to talk about quickly. we're going to begin though in san jose where there's a brush fire reported right now northbound to 80 before 680, slowing you down that southbound traffic on 680 is around 16mph. then we want to move over to the dumbarton bridge very slow across in the westbound direction due to a stall speeds around 17mph there. and in walnut creek, you're still looking at a crash on northbound 680. reggie thanks for being a meteorologist. >> drew tuma is back right after this with a look at your forecast. at rec band >> when we save you, save. we made a special purchase of new thor rise adventure bands. get your new rise at a discounted price of just 84 998, but only at

. >> ♪ >> when they asked people their favorite singer, number one in the nation was garth brooks.asking the questions and got there before they did. >> ♪ >> living in mississippi, country was a huge part of my life, and it was all because of garth brooks. the first time i ever saw him in concert, i was probably 10 or 11 years old. i said, that is exactly what i want to do. >> garth brooks is the biggest selling artist of the decade, and the fastest selling musical artist ever. >> he's been described as a cross between john wayne and mick jagger. he's got the looks of a cowboy, and the moves of a rock 'n roll star. it sounded like rock 'n roll. guitars and big drums, and everybody singing along. that's what people like about rock shows. >> as the acts became maybe less twangy in their way, that really just expanded their audience. artists like -- plenty of acts really worked their way up and became massive. >> over the last two years, country music has taken over the airwaves and the record charts with over $2 billion in sales and climbing. >> as the boom in the music takes hold, w

i'm going to miss garth tomorrow.g for you, i'm sure. >> i appreciate that. means a lot. all those messages mean so much. >> we are so excited here. now to our gma cover story. the biden administration announcing for the first time the federal government will be negotiating prices for some of the most expensive drugs for seniors under medicare. senior white house correspondent karen travers joins us with more. good morning, karen. >> reporter: good morning, gio. this is a major change, one that president biden will mean lower health care costs for millions of american seniors. this for the first time as medicare being able to negotiate drug prices directly with pharmaceutical companies. the change came about because of the inflation reduction act which the president signed into law last year. the biden administration announced yesterday the list of the first ten prescription drugs that will be up for negotiations. nearly 9 million americans take at least one drug that is on that list right there. the white house says

however issue given this during the summer people are garth and more travel wore getting the message out if you have not got your booster you should do so much those over 65 may be also eli didn't believe for a sect booster they should check. and maintain some of if you are concerned about corid maintain when we talked about throughout the pandemic masking and if you are vulnerable. may be avoiding crowded areas and if you get sick are eligible talking to doctor about medications. so happy to answer questions. secretary, do we are public comment. >> we are on item 40 director's report. i see a hand. unmute the caller. excuse me. sorry. the director's report just presented stated in background file posted line. 90 day monitoring survey and another nonmonitoring survey. conduct in the june. 290 additional monitoring survey mile stones and 85 nonmonitor mile stones the total a combined 375 additional mile stones. after may 13th deadline of the in the now 1 mont period, between today august first and september first. this does not bode well for the recertification application being submi

can get in the police department of people are seeing the city and mayor making seeing the mayor is garthed a group of leaders working together and i can't emphasize enough how important this is. we are working together in ways that in recent years we were not able to do. and that should be exciting to everyone. i hope temperature is excite to me. the robbery this the mayor mentioned that was due to dill gent follow up. but it takes people to do this. when we have shootings or robberies or home invasions and burglars if we don't catch the person at the scene, what has to happen is we have to have enough investigators to put the energy and time in the cases to solve them and that does in the come without investment. things are looking bright are. we have a lot of work and challenges and the mayor mentioned car break in's. even though we are down from 2019 it it is a problem in our city we have to deal with. and we need the police officers on the ground to do this. and i'm excited with what the future looks like and i want to thank our mayor and our partners you will hear from today who are w

>> jessica: i've so many favorites, but i think "beverly hills" might be the metric, and i love gartht care about anything. >> kelly: all of my friends are honest, i could use a liar. all of my friends are brutally honest. i'm just kidding, i love that. but i hear that you like to mess with people onset?

garth will be with us live on thursday to tell us all about it. that is coming up on thursday.emy of pediatrics has just released their latest guidelines for flu vaccines for all children six months and older. our chief medical correspondent dr. jennifer ashton got those details for us? please. >> yes. 70%. that's the target goal of childhood pediatric flu immunizations that the american academy of pediatrics and cdc is shooting for this year. last year they didn't do so well. they were in the mid 50s, 55%. that's down from 62% the year before. so, again, we know that particularly amongst young children under the age of 5, the flu can be very serious. unfortunately, we see tragic flu deaths every year. we are encouraging those children to get vaccinated any time starting now to the end of october. >> beyond the flu, covid. numbers are up but still much, much lower than we have seen in recent years. so what's the recommendation there for kids and the booster? >> first of all, covid is here to stay. it's not going anywhere. we have to learn to live with us and manage our behavior

and july of 2022, 1,000 people garthed for the hill bomb. one point paramedics and officers assaulted after surrounded by the crowd assisting injured people. october 31 of 22, sfpd deployed more personnel to manage the growing violence and property damage associated. never theless fights, assaults a robbery and a stabbing. an order given during the october event to the crowd and one person was rested. these are important factor in our decision to increase our staffing for the everyone and use barricades to close the streets. officers out numbered and unable to manage the property damage associated. this year deployed 11 officers from mission station and 40 available on duty officers from tactical special unit and motorcycle units that have train and crowd management and crowd control. 30 additional officers not already on duty to work over time. officers call in the throughout the notice from other stations and officer who is were defy played rafted additional over time. >> we now will play a video from the past events that lead to our decis

persian gulf and to see or format with the presence of all of the units by evans that revolution garth's core, also known as the all yard g. c, the commander of the i, r g, c. general salamis said that the united states, i should know that it won will not allow it to maneuver and the persian gulf. i'm all that amends, added the muslim nations and administration can insure the security of this region through his logic and brotherhood relations. there's no need for the presence of many foreigners. this is our perpetual stance. this is the key messages. these allow, make revolution overruns, nation, and the, as the community. the no foreigners are allowed to be present, dominate muslims all, and securities wars inconsistencies, deviations and surprises in the region are the result of transferring the foreign policy of western states, including the us on the political and geographical environment of muslims. iran on different occasion. the said that it is in charge of ensuring the security of this strategic us trade of hormones, which of which more than 20 percent of the world's energy is tr

we are continuing to plan and garth, we met tuesday. wednesday morning to discuss the cleaning event that will be happening in september. this concludes my presentation. questions? >> kidnap questions from commissioners. i have a continued ask. thank you for incorporating the trends of the service this are provided that is helpful to see this. and for the emergency repairs. if you could do the nonemergency repair and have this and a better understanding of how many of these have gone tr month to month or get resolve instead same and the time frame >> and to -- continue on my repeated ask. i appreciate the repairs. i asked about the development committee and seeing the data around when is the i appreciate how much ash tendees of the total aim what was the effort med? and what was the outcome and engagement. >> absolutely. upon commissioner kim,il have that and jennifer woods should be on the call if you want her to talk about the work orders or able to nonemergency work orders. >> or we can move on and skr that for next month >> i'm forg

and with the presence of all of the unit spine, it wants to revolution garth's core, also known as the all yard g. c, the commander of the i, r g, c. general salamis said that the united states, i should know that it one will not allow it to maneuver and the persian gulf. i'm all data men's, that the muslim nations and administration can insure the security of this region through his lumnick and brotherhood relations. there's no need for the presence of many foreigners. this is our perpetual stance. this is the key messages. these allow me to revolution overruns, nation of the estimate, community. the no foreigners are allowed to be present and dominate muslims all in securities. wars inconsistencies, deviations and surprises in the region are the result of transferring the foreign policy of western states, including the us on the political and geographical environment of muslims. over the past years and since 2019 year, one has tied in its grip over this tre, till 4 moves and has confiscated the number of american ships in europe and ships passing through that short point there. and i

. >> steve: i look like garth from wayne's world. >> ainsley: no split ends. >> carley: bring a mulletack to wear. america wants to see you in a mullet. >> brian: what a shame. >> steve: we have the mullet wigs, bring them out. >> brian: tease out. straight ahead, the terrorist master mind behind the september 11th attacks may avoid the death sentence, pete hegseth upset about that, served in afghanistan, was on guard at gitmo, he'll be here to talk about it. somedays, i cover up because of my moderate to severe plaque psoriasis. now i feel free to bare my skin, thanks to skyrizi. ♪(uplifting music)♪ ♪nothing is everything♪ i'm celebrating my clearer skin... my way. with skyrizi, 3 out of 4 people achieved 90% clearer skin at 4 months. in another study, most people had 90% clearer skin, even at 5 years. and skyrizi is just 4 doses a year, after 2 starter doses. serious allergic reactions and an increased risk of infections or a lower ability to fight them may occur. tell your doctor if you have an infection or symptoms, had a vaccine, or plan to. thanks to clearer skin with skyrizi - t

i don't think it is unusual whether at a family garthing or perhaps when hunter was at a business meeting that would happen and there was any conversation as is mr. archer's point like chitchat. how is the weather >> 7 million dollars over and how many count rows did it come from? >> okay it is more complicated to say it come from country rows there are ventures with american entity and an and terrible foreign entity it create the possibility of jobs and energy in the united states. why we could not find evidence of hunter biden creating a single job outside the escort industry. now we know the weather defense is intentional. at first we thought a slip of the tongue. like the soviet union propagand an force the population to submission swallowing the most illegalal lies the weather defense service the same purpose if you get the people to accept and repeat false hoods you destroy their sense of justice and integrity. you don't have to make them believe it. you have to make them accept it. notice, even with documentary evidence of joe bide sxen hunter in business together, noticing to the

my mother introduced me to waylon and willie when i was a kid and i heard garth brooks. >> steve: yourly roll. >> what if she called me slim jim, i might have a six pack. >> steve: your wife, is it true you proposed and got married the same night? >> it is true, we made a mutual agreement to get married and we were in vegas for a yellow wolf and death tone and we did it. we are playing vegas on my anniversary, we are going to do a vow renewal. been married seven years. >> ainsley: you say in the documentary, you were living a wildlife and you got custody of your daughter, she came to live with you and you said, i'm changing, is that why you stopped doing most everything? >> i compare it to the bible, the story about the damascus road experience where a figure named paul turned to saul from paul. the old me was different than bailey's father. >> brian: you said i'm going to community college and make something of myself or do the muniching thing, you were determined you were going to matter. you were told you maybe didn't matter. >> i wanted to matter and i wanted to be an example and b

i speak on behalf and at the event had a community [inaudible] a community garthing. and i spoke on this. i said. i am speaking on behalf and i'm willing to do this. il put my occurrence of constituency overnight agenda. my district i represented. that's what i want to say. thank you. hillary. i will call 3 anymores at a time. queue occupy this side. may, lafrng, and laura. thank you i want it bring this to your attention i live in the mirna in i correspondo not with i water front view. and one thing that we are aware of in our neighborhood is there is a now boat harbor planned for 235 boats that will fill in the only open area on the marina green this gives a rowel if golden gate to beyond. this is coupled with the fact that this came out of result out of a 2021 settlement the city med with pg and e intended clean up the to beingins from east harbor. it was revealed park and rec worked out so pg and e picks up 15% of the toxin this is are polluing our area. our neighbors are upset and have 2500 signatures on 2 petitions within the left pew weeks. not just from people

get into the investigation plus garth brooks live talking about a new adventure.e do not want to miss it right here on gma. reggie: are there any surprises for the storm for you? ginger: it is it was so fast. we knew it would be quick but anytime something moves that baz does not slow down at all -- was that fast and is not slow down at all, this thing spread out. that this thing sped up when it hit. i knew it would be fast and would have an linden tree damage but 22 miles per hour? it was racing. reggie: you are an expert. we look forward to see you gab, mine is almost the same as yours. almost is just another word for not as good as mine. save 50% on the sleep number limited edition smart bed. plus, free home delivery when you add a base. shop now only at sleep number. you know, people always ask me, "kevin, what does being the ceo of cashbacking mean to you?" it means cashbacking every opportunity. did you cashback on this? like i wouldn't cashback? cashbacking by the basket, i see you. ugh. i dreamt you didn't cashback this flight. oh good. if you're buying it

where we garth representatives from the cultural districts. we have guest speakerers talking about dahlia how the districts can access rental assistance. legal assistance and so00ue know we are trying to build up their knowledge because their connectors for the community. in the future we can speak at a meeting. have the line of communication and i want to stress that like everyone saying the cultural districts are designed to be community driven. we rely on them to set the agenda for when than i want to prioritize and in the dictate what they should focus on and of course, with such diverse communities they really have a lot on their play. i think you asked about the budget so. and i think might have more around this she was involved in the founding legislation. we get 3 million dollars a year from the hotel tax funds and we are in the process of -- base funding of 230 thousand dollars for each district. we give them the same base amount of funds and they focus on how theyize the funds. for staffing and baseline operations there was a questio

garth trumchris trump appointedr david weiss had been leading hunter bided pro for the past five yearss appointment could allow them to bring more charges against hunter outside delaware. for years republicans have accused the justice department of interfering in the probe. the chairman of house oversight committee says hunter received $20 million from foreign sources. including china, russia, and ukraine. while his father was president. >> joe was right front and center in this one. this is a case about joe biden. >> president biden has long denied any involvement in his son's overseas business dealings. [inaudible] has done nothing wrong i'm confident because i've never spoken to my side about his overseas business for. >> back in washington on friday a federal judge to former president donald trump to cool it on social media after this "truth social" post following his third indictment. the judge showing trump's attorneys quote i caution you and your client to take special care in your public statements about this case. george's former lieutenant governor will appear before a grand

omg, i can't believe it's jennie garth.dience applauding) and with her are gym buddies, chloe and qua'deer. our next celebrity captain, you know him from rupaul's drag race, and you have to drag him away from a game of pictionary. it's ross mathews.

but the approach was to look at case studies and, projects to try to garth up lessons learned. and translating that to common themes. there was a capitol project survey. and there was also surveys in third party interviews amongst the different organizations but also with certain individuals that might have had positions with the city in the past. then, after all of that collaboration the effort was translateed recommendations, which -- you have seen in the in the packet and we will provide in our draft report. next slide. so some of the case studies and initiatives occurring in the past. you see them on the slide. there are 4 that are highlightd and then there is a couple of others that are listed on the slide. one is the van ness avenue brt lessons learned and the focus of that was to look at utility -- investigations. that are needed in order to make sure there is good knowledge when -- unforeseen utilities are encounterd and how to handle them to reduce delay costs and risk management over all be cannot be emphasized on any project. risk is often 4 letter word andune -- con

there were articles post in the the how [inaudible] the mayor is talking about we have in the had i garthing of this come plexity and security magnitude since the 1945un charter in san francisco. that's the level of delegation and heads of state here in the city. so there will be parts of the city i encourage you not to go toward. otherwise you will be stuck. but we are enengaged as a department in highlighting our work in the department buzz one of the key things surrounding the department the themes for the collaborative is sustainability and inclusion. and so i'm sending out a letter this week to the climate technology companies when want it show case the work happening here in san francisco. the delegations are here to show the work happening similarly cross our entire city family from mta to small business commission. entertainment commission. and with that, i'm going to conclude my remarks. thank you. questions? >> director jue i have a question about theent in san francisco. did we know how much tell cost the city of san francisco to help with putting the such an even large event in n

what i garthed from this meeting was tida is exempt from the whole dismanualing of the redevelopment -- efforts that happen in 2011. they are a stand alone exempt and still responsible. to operate and manage. treasure island. i was not sure -- what how do our rep with them works. what is the sort of the governing body this sort of -- over sees the policy. and governing sort of structure. so -- and through what we can work with them. when it come to this brown out and blackouts that are experiencing. so -- i'm looking at you because i think this falls under your jurisdiction. it would be great if you with look in this more. and have some form of a before formation provided to the commission on this issue and if there is anything we can do to help navigate the process especially if you are investing small amount of money to do mall bandaid fixes on the systems than i have. rather than making role investments in the system. it makes sense to think about how we can redirect the money to make more changes. >> my understanding was that is held up in the process. some how. so, should i go t

what i garthed from this meeting was tida is exempt from the whole dismanualing of the redevelopmentefforts that happen in 2011. they are a stand alone exempt and still responsible. to operate and manage. treasure island. i was not sure -- what how do our rep with them works. what is the sort of the governing body this sort of -- over sees the policy. and governing sort of structure. so -- and through what we can work with them. when it come to this brown out and blackouts that are experiencing. so -- i'm looking at you because i think this falls under your jurisdiction. it would be great if you with look in this more. and have some form of a before formation provided to the commission on this issue and if there is anything we can do to help navigate the process especially if you are investing small amount of money to do mall bandaid fixes on the systems than i have. rather than making role investments in the system. it makes sense to think about how we can redirect the money to make more changes. >> my understanding was that is held up in the process. some how. so, should i go throu

so garth, when you saw those numbers, when you heard neel kashkari, president of minneapolis, fed, yess a hawk, but saying inflation is too high, probably more to do. what was your reaction? what did you think? well, i thought this was deja vu all over again when it comes to us economic data. you know, the us economy is doing far, far better than anybody, including fed policymakers thought it would do after the rate hikes that we have had now, i'm no economist, so i'm not about to delve into some of the explanations as to why that might be the case. but as far as the market is concerned, the market continues to expect that these rate hikes will have the same sort of impact they've usually had, which is, yes, they slow inflation down and they do that by sapping aggregate demand and therefore, when you risk tipping the economy into recession, you know, every time inflation has gotten to these sort of levels that we had last year, you only get it down to the target range via a recession. so, you know, that's been the strong expectation there will be a recession. there may well be one, but

town >> thank you very much for answering our questions and open now for public comment for those garth in the the room. sect silva? >> i have a stack of speaker cards. il call off names to get start. you don't have to go in order you start to queue up on the tv side. to begin comment elizabeth bennett. gray. gloria justin. paul slayed. sue vaughn. >> why thank you for letting me speak. i will not talk about the over all proposal i have not dealt in that n. but i heard upon topics from scompliz read about it over the last year when there has been alost oust reach to the community. i live on gore oat out bound north side of the street. and i will specific low talk about the impacts to resident in this corridor. because we heard about mall businesses and impacts there are a lot of store front there is i support them i have been 18 year residence dment this corridor. there are a let of apartment space boost businesses and on the block at 22nd avenue where the removal from the east side the upon current stop on the east side and plan to move it to the west side. my bedroom is feet from wher

i'm garth brooks. and i'm trisha yearwood. a safe, decent, affordable place to call home is a canvas full of hope and joy, opportunity. visit habitat.org to help more families make masterpieces of their very own. car crashes. one car plunged into a river and amanda quintana tells us one woman is in the hospital after one of those crashes. they do this stuff all the time on the weekend. dan dalby works at smith's landing seafood grill. he says scenes like this in the parking lot are becoming all too common. but some customers were taken back. it's just a lack of regard of people's property and society has gone downhill right in front of the restaurant. a trash container run over and water main busted this is what it looked like early sunday morning and just a few blocks away, even more damage, all the results of a side show. this white car took off from the marina crashing into a fire hydrant and this black car injuring a female bystander in her 50s. she was transported to the hospital in critical condition. the driver ran off,

. ♪ i'm garth brooks. and i'm trisha yearwood.l home is a canvas full of hope and joy, opportunity. visit habitat.org to help more families make masterpieces of their very own. works. this was the scene at sonoma boulevard and lemon street in vallejo early yesterday morning. fireworks were going off. at the same time, a large crowd had gathered to watch drivers spinning donuts and doing other dangerous stunts . at one point, a man tumbled off a speeding car during the chaotic scene. one car caught fire during a sideshow in oakland in the oakland hills early yesterday morning. this happened when a big crowd gathered at mountain boulevard near redwood road, not far from highway 13. and in spite of that burning car, the sideshow kept going. many spectators just pulled out their cell phones and took pictures of the car going up in flames. when officers arrived, they cleared around 50 vehicles and 100 people from the scene. no word on whether anyone was hurt. and there was another sideshow in oakland early yesterday morning. this one t