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on friday sweden and germany reported their first cases. officials in new york city as presumptive positive for monkey pox. the w.h.o. says the outbreak was reported around 11 countries so far are atypical as they're occurring in areas are where we the disease isn't normally found. >>> now going to the latest updates on covid-19 and some troubling news from the white house covid czar, dr. ashish jha believes covid cases are being substantially undercounted, of course, due to those home tests that everyone is taking. that means cases could be even higher than the more than 100,000 average daily cases recorded by johns hopkins university. infections have more than doubled over the past month and are trending up in all but three states. recent data from the cdc shows that people who are unvaccinated have a risk of dying from covid 17 times higher than those who are fully vaccinated with a booster. unvaccinated people were also about twice as likely to test positive for covid-19 in march and april than unvaccinated people. >>> dr. scott miscavige is a national consultant

on friday sweden and germany reported their first cases. and officials in new york cityr monkeypox. the w.h.o. says the reported outbreaks are atypical in fact as they're occurring in areas where the disease isn't normally found. >>> and they're in. boeing's star liner spacecraft successfully dock would the international space station friday. the unmanned test mission has been beset with technical issues including two failed launch attempts, but third time proved a charm, and boeing is hoping their shuttles can ferry astronauts to the space station by the end of the year. and we'll be right back with more news in a moment. for people living with h-i-v, keep being you. and ask your doctor about biktarvy. biktarvy is a complete, one-pill, once-a-day treatment used for h-i-v in certain adults. it's not a cure, but with one small pill, biktarvy fights h-i-v to help you get to and stay undetectable. that's when the amount of virus is so low it cannot be measured by a lab test. research shows people who take h-i-v treatment every day and get to and stay undetectable can no lon

york city, this is bloomberg really yield. coming up over the next week or so, a ton of fed speak. g7 finance ministers and central bankers are meeting in germanywednesday and jobless claims are thursday and u.s. retail sales as well. let's get to rapidfire round three. where does headline cpi finish this year? >> above 4%. >> three. >> five. >> low for. jonathan: where's the fed stop this cycle? >> target or terminal? jonathan: and rate. >> low threes. >> i will agree, low threes. >> 3.5. jonathan: have we seen a high on the 10 year yield for this year? >> no. >> now. >> no. jonathan: from new york city, thank you, guys, this was bloomberg really yield. ♪ at fidelity, your dedicated advisor will help you create a comprehensive wealth plan for your full financial picture. with the right balance of risk and reward. so you can enjoy more of...this. this is the planning effect. xfinity mobile runs on america's most reliable so you can enjoy more of...this. 5g network, but for up to half the price of verizon so you have more money for more stuff. this phone? fewer groceries. this phone? more groceries! this phone? fewer concert tickets. this phone?

abc over the weekend, from new york city, equity futures look like this -- it was an ugly month of april. crude is negative and about $.90 but a new sound out of germany: country finance minister saying an immediate russian oil embargo is possible. we just learned last week that germany was not going to stand in the way of a wider european embargo and they were prepared to back a gradual reduction, not necessarily immediate step kailey: that's an interesting change of tone but it's no longer germany that has stood in the way. the focus has shifted in hungary. jonathan: it might come to the individual country level with some countries making that decision to cut back on russian gas in russian oil. lisa: if germany does it, how much will that affect the rest of europe? it's basically noise around the edge. it has an implication and people are saying that an oil embargo would have some affect on the overall market. jonathan: let's get to the program director of the corbyn foundation. what if the war in ukraine does not end? >> we try to think through that if the war doesn't antenna becomes protracted, whose side is time on our answer would be at be favor

york city, good morning. this is bloomberg. ritika: keeping you up-to-date with news from around the world. vladimir putin been vote russia's fight against nazi germanyhe defended his faltering invasion of ukraine. at the victory celebration he said the russian military is defending what our fathers, and great grandfathers fought for. president zelenskyy responded on twitter, saying the russian army is dying not defending their country but trying to occupy another. the u.s. government had a record tax hall this spring and some of the credit goes to the surge in individual stock trading by americans. up some 43% over the same period in 2019. that is shrinking the budget deficit. in hong kong incoming leader john leap has promised to bolster national security and accelerate integration with mainland china. the former security minister is plenty to take power after a near unanimous election by a beijing controlled committee. lee helps carrie lam crackdown on democracy protests three years ago. -- demonstrators have demanded the premier and his brother resigned in the midst of sri lanka's worst economic crisis since independence. prices of everything fro

york city. another big story we're following the first phase of what they're calling operation fly formula. >> is being called a success. roughly 130 pallets of nestle often infant formula arrived in indiana. from germany. this single shipment is expected to provide in a formula to take care of 9,000 babies and 18,000 toddlers for a week. this specialty formula will not stock store shelves, but instead we'll fill the needs and hospitals, clinics and pharmacies. vice president kamala harris says that alleviating the shortages, one of the administration's top priorities. >> i know this is a scary situation. for parents and caregivers who are taking care of these babies. our administration is working around the clock to ensure that there is enough safe baby formula available for all who need >> more than 100 more pallets of gerber formula are expected to arrive in the coming days in the u.s. all together about a million and a half bottles are scheduled to arrive in the u.s. from europe this week. the u.s. agriculture secretary says store shelves should be returning to normal in a matter of weeks. we'll see about that and a warning to mom seeking alternatives during this current baby formula shortage. some

germany, before and during the war. as we witness the horrors being carried out in ukraine, it has never been more important for the world to hear. his family came to new york city to escape persecution. he attended harvard law on a scholarship. after graduating from harvard in 1943, he joined the u.s. army and like so many many americans, the decision to put him face-to-face with the potential of death and face-to-face with the worst face of persecution and genocide in history, the holocaust. after two years at camp davis, ferencz was transferred to the headquarters of general patton's third army. there he was assigned to a team tasked with setting up a war crimes' branch collecting the evidence of the horrors that had been carried at the recently liberated concentration camps. one of those liberators in april, 1945 was my father-in-law, captain william a. mckens yes, air graduate of texas a&m university and engineer with patton's third army and one spring day in april, 1945, their convoy rolled up to the gates of a concentration camp. there, he bore witness to the nazi terror. a terror that started with an ideology of hate and superiority based on race and cre