the current chairman of the fcc is gary gensler. he is a former partner at goldman sachs, former professor at m.i.t., and a well recognized expert in financial markets. i talked with him recently about some of the issues facing the sec and how to deal with new technologies affecting our markets. your main principle is fairness and disclosure and equity. everyone is treated the same. that is the principal. gary: we talk about a three-part mission. investor protection. facilitating capital formation. companies that are raising money. we are issuers as well. we are raising money. david: since the great market recession of 2008 and 2009, you would then head of the cftc, the markets have changed dramatically because of technology developments. do you think you have been able to keep up? gary: it is a real challenge. to stay up with the remarkable innovations. the last time we updated our rules for the stock markets was in 2000 five. 16 years later, those rules, are they really ready for the 20 20's -- 2020s? they are a dark hole. i have

gary: no. first thing i did along with a colleague from the treasury department is we wrote a book. we thought of it is a common sense book on investing. which really was promoting the use of low-cost index funds for people who have their retirement savings and saving for their futures. that was the first thing. then i started working on this accounting law. david: ultimately, president obama is elected and he asks you to be the head of the cftc, is that right? gary: yeah, i had been working on then senator clinton's campaign, the 2008 campaign, as a senior advisor. i was particularly honored that he reached out and gave me the opportunity to serve once again. david: when you headed the cftc, we were going through a recession, so you had to pick up a lot of pieces of failed investments. was that a more challenging position than the one you have now? gary: they are both remarkable organizations. the cftc is smaller. and the cftc is interesting. it was set up to oversee commodity futures. or deri

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sinise, founder of the gary sinise foundation.een giving impersonations to my team all day of "forrest gump" because it is my favorite movie, but you took a character that you played and you made it into something special, you created a foundation to help veterans that are disabled. tell us about that. >> well, lawrence, thank you for having me. yeah, i guess the early seeds for what i'm doing now with regards to helping our veterans and first responders goes way, way back into the '80s. i started working with vietnam veterans, i have vietnam veterans and my family. than ten years later, i played a vietnam veteran in "forrest gump," lieutenant dan. as he was a disabled veteran, a wounded veteran, i was contacted by the dav, disabled american veterans organization, and they invited me to their national convention. in fact, i wrote a book a couple years ago called "grateful american" and the very first page of the book starts with the moment of the national convention, meaning all these wounded veterans, and then september 11th happ

gary is on the board -- that's right. george w. is for you, which of these presidents worked as aak fashion model prior to taking office? jim carter, chauvin coolidge, gerald ford ord joe biden? >> you gave me this before. i knew it then and got it right then, i'll get right now. gerald ford. kennedy: that is correct. recycling a question unless you've beency looking in our database which is possible. it was featured on the cover of cosmo april 1942. i love a man in uniform. all right. olivia, which of these wild animals once kept in the white house as a presidential pet alligator, giraffe, or a koala bear? >> honestly, i have no idea but i will have to guess a koala bear. kennedy: it happened in australia in the u.s., john quincy adams gifted to him by lafayette. good job. gary, question number two, which of these presidents fought for the british army? abraham lincoln, george washington, thomas jefferson or mary poppins? [laughter] >> how about thomas jefferson? kennedy: nope, he paid a key role my 1755 to 58 and then he thought

due to gary's conduc.at, we were amicable. _ silly. even after that, we were amicable, we were team—mates but we never— amicable, we were team—mates but we never shared _ amicable, we were team—mates but we never shared the same relationship. 2017 onwards, initially when gary took over— 2017 onwards, initially when gary took over as captain he found it a real struggle. steve patterson, a senior— real struggle. steve patterson, a senior player was left out pretty early _ senior player was left out pretty early on — senior player was left out pretty early on and he got the whole dressing — early on and he got the whole dressing room fighting. it was toxic in a lot— dressing room fighting. it was toxic in a lot of— dressing room fighting. it was toxic in a lot of ways. i try to help gary and the _ in a lot of ways. i try to help gary and the team but in the end it became — and the team but in the end it became evident that even though steve _ became evident that even though steve had caused a lot of issues, i

gary, it's not his main? think it's an acceptable answer somebody considered themselves equal with global diplomat? >> no, you pointed out the fact that this guy is literally former secretary of state, a special envoy for climate, there's no better guy to speak on this issue especially if he's going to change it to climate change. why wouldn't he be the guy who brings us up? why wouldn't it be lane his policies are about intersection out when it comes to personal identity, why can't intersection out a also crossed over into international relations tie climate change to the fact that there are men rights abuses going on in china, it only makes sense and i'm surprised he's the guy who shies away from something like that. kennedy: heat butter judge says our infrastructure is damaged because wrote are racist get have muslims in china literally sent to concentration camps, sterilized or killed and that's happening now where slave labor is used to build solar panels off of which john kerry is profiting. maybe that

apart from gary neville, who miaht the minute. apart from gary neville, who might you _ the minute.rt from gary neville, who might you like to _ the minute. apart from gary neville, who might you like to see _ the minute. apart from gary neville, who might you like to see in - the minute. apart from gary neville, who might you like to see in the - the minute. apart from gary neville, who might you like to see in the top| who might you like to see in the top job? i who might you like to see in the top “ob? ., ,., ,, who might you like to see in the top “ob? ., ,., _ who might you like to see in the top “ob? ., , .. ., job? i would probably say riccio pochettino. _ job? i would probably say riccio pochettino, he _ job? i would probably say riccio pochettino, he could _ job? i would probably say riccio pochettino, he could do - job? i would probably say riccio pochettino, he could do great . pochettino, he could do great things, like you said, ajax manager or zidane, they have won european cups. you need an experienced european manager who is strong enough to take control of that dress

gary, you are in charue few weeks. gary, you are in charge of— few weeks.charge of the dream toy - few weeks. gary, you are in i charge of the dream toy group but looking at the toys that are hot for christmas but we also know you was the founder of the entertainer, the toy shop chain. you have 190 shops across the uk. how have you navigated covid and lockdown and the fact that your shops were shot for quite a long period of time? representing to sho -s period of time? representing toy shops up _ period of time? representing toy shops up and _ period of time? representing toy shops up and down i period of time? representing toy shops up and down the i toy shops up and down the country, your high streets have had a torrid time. those of us that were not essential retail laws have been closed for seven months over the last 18 months and it has been really tough so i would appeal to people this year to use your local community shops wherever there. they are there to serve you, they serve the local communities and they have all the right products in stock but i

, gary.gary's point death leave growth names but there is fact that consumer will spend 2 1/2 trillion dollars between now and the next six months. charles: phil, i've been busting your chops since the beginning of the year when we had the big run-up in the 10-year yield. any day we crack 2%. we didn't crack it. you've taken pretty well. we've come off pretty big this time. can you say now is the bias is the upside, backfilling, back and filling? do you think the upside is to the upside firmly on the 10-year yield and if so what is message behind that. >> it is clear, 66% of futures market says we'll raise fed funds rate next year. they finally got it. they listened to gary. nomination of powell is a big. 1.58 before year-end. this is it. fixed durr h income duration short. resist higher interest rates. coming here, now, this way through mid next summer if not into the fall. as inflation winds up not all of it. you have to prepare the portfolio for higher move in rates. charles: a lot of econ

gary: that's a great question.f where we put the money, we are investing early, so we are having to anticipate where these regulatory changes are going to be several cycles from now. the chinese government has made it very clear that there are some things you don't want to invest in because you don't want to ask about will use technology or the pressure from the u.s. and china for different reasons. so it has guided the investments to areas we feel are safe. health care is a great example where half of the money goes into health care and that's an area that has not been impacted by regulatory. shery: i love the way you say as of yet because you never know with china. what are the risks? you never know when the decisions will be made with president xi jinping ramping up his presence everywhere in every sector of the economy? gary: all we can do is invest in chinese onto printers. chinese entrepreneurs have a you can't kill me attitude toward the government. they are fiercely competitive any energy is phenomenal. all

star of "born on thrid base," comedian, gary gulman. musician and producer mark ronson.ng the 8g band with elmo lovano. ♪ [ cheers and applause and now, seth meyers >> seth: good evening. i'm seth meyers. this is "late night. we're so happy to be with you tonight. and now we're going to get to the news 11 democratic senators sent a letter yesterday calling on him to explore prices, which has to be so aggravating for a guy who's been hawking amtrak for 40 years. [ laughter ] "oh, are gas prices too high god, i wish i had an idea for you. [ laughter ] florida governor ron desantis filed paperwork yesterday to run for re-elecetion in 2022 which, in florida, is just finishing the maze on the back page of "highlights. [ laughter ] the writer who wrote that is from florida [ laughter ] i don't want anybody to think that's just like global -- whatever, coastal elites global elites. [ light laughter ] republican representative paul gosar on sunday tweeted a digitally edited, excuse me, anime style video that appeeared to show him attacking congresswoman alexandria ocasio-cortez

tom: the gentleman from baltimore, gary gensler. even the republicans have said, this seems to be the right guy at the right time. interviewed by the gentleman from baltimore, david rubenstein. the gentleman from baltimore. did you guys know each other? david: we grew up in the same part of northwest baltimore but he is younger than me and i did not know him. tom: interesting to see the path of gary gensler to this point of an sec facing stunning innovation. it is just mind-boggling to me the challenges ahead. what did you learn about gary gensler's approach to these innovative challenges? david: gary gensler is a really smart person, an academic superstar at penn but also a professor at m.i.t. and a very young partner at goldman sachs, previously head of the cftc and now the sec. the real challenge he has is does he need to go to congress to get additional authority to regulate the currency or can he do it with existing authority? i suspect he will use existing authority. trying to get legislative approval will take ever in the mar

last nighters came out for a bunch of companies, gary.s an investor, you play some of these names, how do you get in names up 25% today and avoid the ones down 25%? >> close your eyes, hold your nose and pray. charles: [laughter] >> look, earnings, i call it earnings roulette. you really don't know. you have to find the companies basically you can depend on quarter after quarter and unfortunately there has been a lot of ipos in the last two years of companies with great sales growth but continue to lose a lot of money and you never know when they will come after them. you have to be very, very careful during earning season. it is all about dependability, find the companies every quarter, big earnings growth, sales growth, good reaction. pretty much know what they are. you talk about them all the time. by the way you mentioned the individual investor, i had to mention to you, charles, another tour de force town hall. you're definitely man behind good americans doing well for themselves. charles: thank you so much. you're very considers sy

f jonathan capehart and gary abernathy consider this week'shi surprising election results, and reflect on the life and legacye of colin powell. all that and more, on tonight's pbs newshour. >> major funding for the pbs newshour has been provided by: ♪ ♪ ♪ moving our economy for 160 years. bnsf, the engine that connectsbn us. >> fidelity wealth management. >> johnson & johnson. >> financial services firm raymond james. >> b.d.o. accountants and advisors.vi >> the john s. and james l. knight foundation. fostering informed and engaged communities. more at kf.org. >> and with the ongoing support of these institutions: and friends of the newshour. d >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you.th an >> woodruff: for most of today, capitol hill has been in limbo. the key question-- do democrats have enough votes to pass a trillion-dollar infrastructure bill and move forward on a larger social spending plan?la lisa desjardins begins our coverage. >> desjardins: for president joe biden, t

fella 14 points against charlotte on wednesday and fired it up with 17 friday night and the son of gary payton continues to make a name for himself and appears to have finally found a home in the nba. >> i am trying to stay ready and have been doing that for five years now and when the opportunity presents itself do it. >> he is more than earned his place on this team and he has to be out there more often and give him more of an opportunity to play. >> the son of gary payton whose nickname is the glove and asked for gary payton the second, some people call him the mitten and i like to call him young >>> that is it for us at 5 and we will see you back here at 6 for an hour of news. >> the cbs weekend news is next and we are back in 30 minutes. we will you then. ♪ ♪ ♪ captioning sponsored by cbs >> duncan: tonight, bracing for battle. as president biden gets set to sign a bill to improve the nation's infrastructure, democrats get set for the next spending fight within their own party. >> democrats have majorities in both houses. and the american public expects us to deliver. >> duncan: al

gary neville his lea to really bad form. gary neville his plea to something _ really bad form.ly bad form. gary neville his plea to something along those l really bad form. gary neville his - plea to something along those lines saying thank you, ole gunnar solskjaer, you did us proud, the last few months would have bet before that you stop some soul into the club and you said just before, jamie, that manchester united is a different kind of club to a loss of the premier sides. what was going wrong and what did ole gunnar solskjaer bring back that they so needed? fin solskjaer bring back that they so needed? ~. solskjaer bring back that they so needed? ~ ., , ., ., , �* solskjaer bring back that they so needed? a, , ., ., , �* ., needed? on marie you it wasn't a ha - needed? on marie you it wasn't a happy place _ needed? on marie you it wasn't a happy place and _ needed? on marie you it wasn't a happy place and that _ needed? on marie you it wasn't a happy place and that means - needed? on marie you it wasn't a happy place and that means from j needed? on marie you it wasn't a -

jonathan capehart and gary abernathy preview the upcoming senate battle over the president's signature social spending bill and the censure of a house republican. all that and more on tonight's pbs newshour. >> major funding for the pbs newshour has been provided by: ♪ ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> the john s. and james l. knight foundation. fostering informed and engaged communities. more at kf.org. >> and with the ongoing support of these institutions: and friends of the newshour. >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: kyle rittenhouse, the teenager on trial for killing two people and shooting and wounding a third in kenosha, wisconsin, was acquitted by a jury today on all counts. the now 18-year-old faced five charges, including intentional homicide, reckless endangerment of public safety and use of a weapon. the case was watched around the nation, and the jury delivered its verdict early this afternoon. >> we th

wright, gary, thank you for that update. that is gary - you for that update.et financially, or sold, or indeed eventually shut down and customers transferred onto other suppliers in due course. what should customers then do? the advice is to sit tight and just wait for the process to resolve itself. your energy will carry on being supplied as normal and any credit balance that you may have built up will be protected. and there aren't any better deals out there anyway, with energy prices going up, so the advice is just to sit tight, wait for the process to resolve itself, but some websites also recommend that you keep any copies of statements carefully, just in case there is a dispute later on down the line that you need to resolve. i know it is incredibly difficult to predict what might happen, but are there many other suppliers who might fall into difficulties at the moment? well, it is definitely a difficult market. the thing that did for bulb eventually was the high energy prices. wholesale gas prices have more than doubled in recent months and electricity

gary payton the second putting on hey at&t customers... there's never been a better time to switch to xfinity. get the fast and reliable internet you deserve, for only $19.99 a month for 12 months. and, for the first time ever, we'll give you 12 times the speed for the same price when you add xfinity mobile. that's more speed and you'll save hundreds over at&t. switch now to xfinity internet to power all your devices and get started for just $19.99 a month. plus, for a limited time, get $300 back and a 5g phone on us. get this deal before it's gone. click, call or visit a store today. everyone needs health insurance. covered california is making sure more people can get it. new federal funding of $3 billion is available to help more californians get covered. julie and bob are paying $700 less every month. dee now gets comprehensive coverage with no monthly premium and the navarros are paying under $100 per month. check coveredca.com to see your new lower price. covered california, this way to health insurance. enroll by december 31st. >> b

author and historian gary camille joins us to talk about transit in san francisco, how it's changed over the years and where it may be going next. >> all public transit agencies úand united states have now entered the publ transit death spiral. >>> california politicians react to the verdict in the kyle rittenhouse trial. >>> a surprise announcement from representative jackie spear, we will get the latest from our panel of political experts. >>> let's rock 'n roll in this week's edition of something beautiful. >>> coming to you from kqed headquarters in san francisco, this friday, november 19 2021. hello and welcome to the show. this is kqed newsroom . let's kick off our show with the friday 5, a look at some of the top news stories in california. >>> as we enter the holiday season, about 67 percent of californians are fully vaccinated, even as covid cases continue to creep up. governor newsom keeps warning of this other winter surgeon infections and state health officials clarify their guidance to say they are recommending that essentially all adults get a covid vaccine booster. >>> cal

. >> gary has says legalizing marijuana would help veterans

charles: gary?> i wouldn't be surprised by 53 to 55 but i'm pretty darn sure we're going to have a bear market in 2022. every characteristic that shows up in the 8th and 9th inning of bull markets have been showing up whether massive margins, ridiculous amounts of ipos and secondaries, other things are at hand. i think mid 22 we'll start to see a real good bear market. we're over due. it wouldn't be the worse thing to keeps thing going over and done. charles: there are a lot of words but froth i think might be the best for this show. >> yes. charles: gary, shah, have a happy thanksgiving. >> you too. charles: tax and wealth advisors, ian mcmillan. ian let me pick up that question with you. your target for the s&p next year? >> oh, charles, you got to do this to me. you know i'm -- charles: too early? >> i'm not one for targets. so i'm going to put a big asterisk next to this. 5300 to fibonacci extension of the correction last march, but like i said i can barely give you a target for next month. char

bring in my friend gary kaltbaum. gary, bring up that.owell was masterful yesterday, shifted the focus from run away inflation and promote ad new metric for full employment. you would never thought rates go up and i still think you feel that way. >> correctmundo, my friend. let me be own record by stating i believe by the second quarter any tapering will be rolled back when the economy hits a wall. when i was wrung i used to go to the horse track and dog track. what you do you bet on half performance and whether it's a muddy track and who is the jockey. this man's past performance is nothing but easy money and printing unimaginable amounts of money. he is making up any excuse to do it. we're now at 4.6% unemployment. the economy is kicking in gear and he is still going at 120 billion a month with a promise to drop it a little bit in the next month. whoop-dee-do. you ask about inflation. it is called five trillion of added debt over last year in change. five trillion on the balance sheet. look no further than those 2:00 things to tell you

we did not expect jordan poole and gary pay into takeover.ser to returning. throwing it down with authority. said he got his hops from mom. the 15th guy on this roster. jordan poole smoking hot. the hornets were hanging a lamella ball, one of his eight assists. dishing to miles bridges. curry got it going late. only 15 points on 3-15 from downtown. the laub. flying into the slam. gary payton so disruptive. this is why they kept him on the roster. three steals. 31. warriors 114-19. buster posey has cut pitches, but for 12 years as a giant, he has caught his last pitch. expected to announce retirement tomorrow. the m.v.p. in 2012, rookie of the year, silver slugger to time comeback player of the year, has done it all. he was tremendous. age 34, looking refreshed and energized. racked up 107 wins. carrie crowley says his legacy is up there with the greatest giants of all time. >> buster posey winning in a way that they did not. he will be remembered for his three rings and the celebrations when the giants won. notustheneviblde down market street

charles: gary? >> not everything, but a ton of things. you have to realize, charles, the bubble comes from $30 trillion of printed money. $300 trillion of global debt. and that is just money that's invaded the markets for, i don't know, lack of a better word. and you know we talked about this on monday, when i see rivian have almost the market cap of gm and ford that have 260 billion in sales and rivian has delivered 42 vehicles to employees, that is one of the characteristics. we can spend a couple of hours going through the names. no sales spaces and ipos and biotech trading at five billion dollar market caps but overall though, the market is expensive. i don't call the s&p valuation crazy but there is just plenty of places, that by the way, a lot of them have already popped starting in february, like the weed stocks and spacs and other things. charles: right. >> so just pick your poison and stay out of what i call the hunks of junk and find great companies with great earnings and sales and you should be okay as we move through this. ch

gary kaltbaum, luke lloyd with me. another trillion dollars hitting the economy, gary.ou're licking your chops. i know i'm being facetious about it but the market likes this kind of stuff. where should you be in this massive inflationary environment that will get worse? >> on the infrastructure, be careful about owning infrastructure plays. that will be over many years and i can promise you when government spend as dollar, 25 cents gets to intended target. pops in things like united rentals or martin marietta materials. i would be a little bit on the careful side. look, as far as inflation i just watched the bond market which is basically being controlled by mr. powell. if it ever gets out of hand, that is where the big worry comes because if interest rates go up, valuations on all assets come down and the good news is, interest rates have cooperated throughout this. whether it is him just buying the you know what out of it i don't know but that will be my trigger. if you start seeing 2%, 2.25, 2.5, which is still low by the way but the markets aren't used to it, at tha

the former england international cricketer gary ballance says he "regrets" using a racial slur againstallance admitted he was responsible for some of the terms rafiq was subjected to while at the club. several sponsors have terminated relationships with yorkshire — over its response to findings of racism and bullying. our sports editor dan roan reports from headingley. it's the most successful club in the history of county cricket, but yorkshire is now engulfed in a racism scandal centred on former player azeem rafiq. an independent panel found the spin bowler had been the victim of racial harassment and bullying while at the club. yorkshire apologised, but took no action against any member of staff, and political pressure has been intensifying. what we've read is deeply shocking and one of the most disturbing events in modern cricket history, in my view. i can think of very few reasons why the board of yorkshire cricket club should remain in place. after a leak of the investigation�*s findings, it emerged that a current yorkshire player repeatedly used a racially offensive term toward

and gary, why is cap so in favor of the idea of having a world cup every 2 years? well is just a question of money every 2 years. guarantees that at least $5.00 to $6.00 been bought associations, holger, a substantial amount of money. and that's all, it's about really, and it might seem like a very selfish point of view from africa. but what african countries do when the world cup overwhelmingly saved us continents such as europe and asia and probably north america. so that's the argument to both on to money. okay, now europe and south america. don't back the proposal. is there the danger of a split with many of africa's big stars who do play in europe? there is a real dress because it again will ball down to bread and butter issues. the salaries of the flesh on a week, lee bases are paid for by these clubs. and so by question all, by some agreements, these thoughts may decide to step away from the national teams. and increasingly we are seeing more and more frequently as being more vocal. and you know, because it does not seem like the international football colan

gary tidwell flew into the bay area from new york city.he's a senior adviser at yasko, a global organization of securities regulators. smart person. learns from his or her mistakes, but a wise person watches others and learns from their mistakes. he's been closely watching the testimony of san francisco based hedge fund manager brian grossman, who invested $96 million in theranos. grossman testified that holmes made numerous false claims about parenthesis technology. he spent wednesday under cross examination from defense attorney lance wade, who pointed to email after email highlighting risks he was aware of. despite homes alleged claims for tidwell. the lessons of theranos are global in scale. the market is premised upon a level playing field in the upper end of the market operates best when truth is out there we've already heard from other deep pocketed investors. legal observers say they may not be sympathetic to jurors. it's my opinion that jurors will think. shut it on your due diligence. that's your fault, in part that you lost that

what am i supposed to do, gary. now do you understand why when you come into my office in curled in the fetal position crying? he just doesn't, that is my wife's mother over there, and i've got good news and good news about it. she's here and she is healthy, i checked with her when she came in, her medication is good. so, i love you, rita. i like you a lot, i really do. thank you for your daughter. sorry, senator that you had to be a part of this. are you ever coming back to this part of iowa again? or are you thinking oh, my goodness these people are insane. tom cotton has been back to iowa six times. i can talk and talk about how i think iowa should start the entire presidential nominating process. and i will say something bipartisan, democrats, republicans, and independents do know how to pick presidential candidates. they know how to be skeptical and ask tough questions. for every speech i may, all of that pales in comparison when a national leader decides to come here and help our candidates. tom has been here

, gary was made captain again— against gary, gary was made captain again and _ against gary, gary wasthink they have been left with no choice and i want to thank— been left with no choice and i want to thank the politicians for getting involved _ to thank the politicians for getting involved and the media, sports and the cricket — involved and the media, sports and the cricket media. there are some top people — the cricket media. there are some top people and they have not let the cost down _ top people and they have not let the cost down. . , ., _ , cost down. earlier, you did say my club, so cost down. earlier, you did say my club. so clear— cost down. earlier, you did say my club, so clear you _ cost down. earlier, you did say my club, so clear you have _ cost down. earlier, you did say my club, so clear you have some - club, so clear you have some affection _ club, so clear you have some affection for— club, so clear you have some affection for the _ club, so clear you have some affection for the club - club, so clear you have some affection for the club and - club, so clear you h

gary, thank ou ve heartbreaking, really. gary, thank you very much _ heartbreaking, really.u very much indeed for that - you very much indeed for that update. energy supplier bulb has been put into special administration, but will continue to supply its 1.7 million customers as normal. it following the collapse of more than 20 suppliers since the start of the year ben king is our business correspondent and joins me now what has happened to bulb?why has it happened?what now what has happened to bulb? dominated the uk market for the past couple of decades and i think what happened was it got caught in the same thing that the other energy companies got caught in. energy prices were going up so fast and it cannot pass this on to its customers. a unit of gas paid 50p for a year ago, was now costing £a and the energy price cut meant that its bills could not go up and out of the situation approved to be unsustainable. so, let's talk some more about bulb going into administration. harry wallop is a consumer journalist. 1.7 million, let's see what situation they're in now and a lot o

. >> we begin this hour with nbc news correspondent heidi business bella and gary grum baugh on capitol hill. the white house trying to turn momentum here and approval ratings, also. could this help him do that? >> reporter: for sure, lindsey, the president calling it a blue collar blueprint to rebuilding america. the scope of it is similar to the interstate highway system back in the 1950s. it's going to be a major investment definitely expected to help businesses, deliveries and commuting easier. the second part is equally as important, guys. this is the part that is going to help women work outside the home. we all know women are an important part of the workforce. overall, some of the investment houses that are looking at this, economic forecasters rather, expected to add .4% in 2022. those are the two systems combined. here is the president. >> we took a mon mental step forward. we learned our economy created 5.6 million jobs since we took office january 20th. unemployment rate of 4.6%, two full years earlier than the vast majority of economists projected that would happen, and we'

gary tidwell flew into the bay area from new york city.dviser at yasko, a global organization of securities regulators. smart person. learns from his or her mistakes, but a wise person watches others and learns from their mistakes. he's been closely watching the testimony of san francisco based hedge fund manager brian grossman. who invested $96 million in therano. grossman testified that holmes made numerous false claims about their noses technology. he spent wednesday under cross examination from defense attorney lance wade, who pointed to email after email highlighting risks he was aware of. despite homes alleged claims for tidwell. the lessons of theranos are global in scale. the market is premised upon a level in the op end of the market operates best when truth is out there we've already heard from other deep pocketed investors. legal observers say they may not be sympathetic to jurors. it's my opinion that yours will think. shut it down your due diligence. that's your fault, in part that you lost that kind of money, but it's ted wil

for more on this, we have gary kaltbaum. gary, is this a knee-jerk reaction? many large investors missed the selling off before the shut down last march of 2020 and april of last year. is this a knee jerk, too fast? >> it's a shoot first and ask questions later reaction. i must tell you, coming into the week, the market was already fragile. last week you had 500 new lows, new yearly lose. the internals have been suspect. it was easier to sell this off today. there's no better excuse in the markets these dans than the word "covid." we saw it when delta hit. what amazed me and what surprised me is how much we dropped today. we don't even know how bad this is. seems like from the get-go it's only a few people. again, it's just a matter of people acting first and worried about it later and going into the weekend. >> so monica, this was the worst one day drop of the year so fwar. do you feel like there's some values out there or waiting for another down day monday? >> i think there's room to go down. remember the trading volume the day after thanksgiving is very lo

gary o'donoghue. — bringing was mayhem and death.oghue, ourwashington correspondent, thank you very much. austria has gone back into lockdown today amid sharply rising rates of coronavirus. across europe, new restrictions in the run up to christmas have brought protests in countries such as switzerland, italy, belgium and the netherlands, with rioting in some places. from vienna, bethany bell sent this report. the lockdown will last forjust under three weeks. it comes after record numbers of new covid infections in recent days. last night, this market was full of people out enjoying themselves, eating gingerbread and drinking mulled wine, but now everything's closed. the government says the lockdown will go on for almost three weeks, but it all depends on the infection rates. the number of infections have been rising exponentially. at the moment we have i% of the population being infected every week with some regions being infected even more severely. yes, i think one major factor is the low vaccine coverage we have in austria, but t

gary, what is the play here? you always love the space. you say this is the proxy for the overall market. >> yeah, the philadelphia semiconductor index is edging out into new all-time highs today. if it sticks you want to own it. the etf is smh. great reaction to earnings. you just mentioned on semiconductor, on semiconductor, on. that used to be cree, wolf. great reaction to earnings. i don't know if i buy them, any pullback would be food. advanced micro devices also. check out the new yearly high list. if you start to see a bunch more semiconductors that would be meaningful. bottom line i never seen a real bear market when the semiconductors have performed. charles: so let me get back to you, shah. fomc meeting this week. listen, tapering, no one is really worried about that. a lot of talk about the fed hiking rates next year. is it time to start making adjustments in your portfolio for something like that? >> i don't think yet, charles. the market seems to be baking all of the talk of tapering. we know it is probably going to happen thi

actor gary sinise has been committed to helping veterans.ndation was founded 10 years ago and one of its missions is to build smart homes for wounded veterans this year. the foundation is giving a new home to veteran jason ross a double amputee with a devastating injury from his tour in afghanistan. >> jason was blown below the waist and had multiple multiple service surgeries to try to keep him alive. and now he is virtually. he doesn't have any tips any more. everything below. the hips is gone. basically has his torso and his arms and his head and everything above the waist. but everything below the waist is go on. so he has a very severe injuries and multiple surgeries. i mean, upwards of 200 surgeries or something like this. >> the home is controlled with smart technology. that means that he'll be able to use an ipad to do things like turn the lights on and off the hallways are also larger. the showers are more accessible for someone with a severe injury. the gary sinise foundation has bill 75 homes for veterans just like jason all acros

and one more thing -- and gary, you're from ohio, if i remember right.inking about the shooting of john crawford, iii. beaver creek, ohio in august of 2014. he's in wal-mart. he's looking for maybe a gifts or present first a young person in his family. he picks up a toy assault rifle just walking through the aisles in wal-mart shopping like anybody does. someone calls 911. the police show up. they see him and they kill him. he's carrying an assault rifle, a toy assault rifle in a toy shopping like anyone else. in ohio, it is an open-carry state so why didn't the police take that into account whether it's a toy or not? so i think the kyle rittenhouse case just -- just adds to the that was we have been having in this country about the role -- the role of race, the role of law, and the role of the two in -- in holding us back quite frankly. judy: and gary, as we said, race was not a part of this -- of this case. it didn't come up in the courtroom. a jury heard the case. they heard the -- the argument of self defense, and they agreed with it. >> so much can

but finding a replacement, his pre problematic will it be 3rd time lucky in the bold, gary, an election, special coverage on al jazeera. ah hello, i'm darren jordan info at the top stories here and i'll just sarah china and the u . s. division a joint declaration at the cop $26.00 summit and glasgow promising to work together more closely to bring about reelection on climate change. both pledge to speed up admissions reductions to meet the goals of the parish deal. us climate envoy, john kerry says corporation is key to getting the job done. katrina, you has more. this is really important for beijing because it's helping to demonstrate that it, it, it is serious about tackling climate change and that's off to i guess weeks of skepticism and disappointment.