to goalpost. and some seismologists predict a major quake along this fault could happen any day, david. >> thank you. 2016. duty today. he was not selected but you imagine the scene in new york city. surrounded by the reporters and the seen. a new fox news show showing him firmly in the lead. and tonight, donald trump's first policy revealed about immigration. 11 million undongmented illegal immigrants and their children will be sent home. how do you do that? >> reporter: donald trump pulling up to new york court today in his shiny limo. swarmed by cameras and microphones. signing dollar bills, waving to the crowd, admitting hopes his time as a juror is short. >> do you hope you get picked for the jury? >> not particularly. >> and this photo, just your average day on jury duty. the long awaited plan for dealing with immigration. >> we're building a wall. it's going to be strong, it's going to be solid. it's going to be policed. >> reporter: he is still insisting mexico will pay for it. he will cut

the problem -- defined goalpost goalposts. there are the kind of cyber problems that exist on machines in networks and as chairman rogers mentioned to previous panel, anthropological problems. one of the things that tends to be a distracter on the cyber debate is overemphasis on technology inventions. there is a human invention. all security problems are human problems. looking at statistics of the type of compromises that occurs somebody opens an e-mail or detach detachment, all hel breaks. we don't design software and networks for machines, we design them for ourselves. where we could possibly direct one area of research actually is to say that we should stop play playing the human because we are human. we should be able to open up a link or attachment or go to a site without trembling in mortal fear it will compromise the entire enterprise. whereas i think there's going to be a much more diffuse kind of agenda for the cyber problem i think there are some problems could still be very ambitiously stated, the problems of a spa

to goalpost. and some seismologists predict a major quake could happen along this fault any day, david? >> thank you. we return to the race now for 2016. donald trump showing up for jury duty today. he was not selected but you can imagine the scene on the courthouse steps here in new york city. surrounded by the reporters and his team. tonight, the new numbers are in. still on top. a new fox news show showing him firmly in the lead. carson and ted cruz moving up, jeb bush moving down. and tonight, donald trump's first policy revealed about immigration. saying 11 million undocumented illegal immigrants and their children will be sent home if he's president. our tom llamas asking, how do you do that? >> reporter: donald trump pulling up to new york court today in his shiny stretch limb know. swarmed by cameras and microphones. signing dollar bills, waving to the crowd, admitting he hopes his time as a juror is short. >> do you hope you get picked for the jury? >> not particularly. we'll see what hap

if we were to look at the cyber war, cyber race, what would be the goal or goalposts? is there a way to galvanize this next generation of young people and others within our society to target a specific goal so we could win the cyber race, which we're losing. >> do you want to take this first? >> that's an analogy often drawn. of course it's problematic because with a space race, there's clearly defined goalposts as to progress, sending a man to space setting a man on the moon, sending a device to mars and beyond and so on and so forth. the problem with cyber is the agenda is much more diffuse. there are the kind of cyber problems that exist on machines in networks and as chairman rogers mentioned to previous panel, anthropological problems. one of the things that tends to be a distracter on the cyber debate is overemphasis on technological dimensions. there's homoen dimension as well. all security problems are human problems. looking at statistics of the type of compromises that occurs, somebody opens an e-mail or opens an attachment and goes to a link and all hell bre

crews are removing one of the goalposts to accommodate a stage for the republican front runner. the event comes as event looks beyond otheriowa and new hampsh. trump is not surprised by the enthusiasm. >> what happened is we took a ho tell like a ball room that held 1,000 people. the company -- the hotel company calls us up and said we're getting swamped, don't have enough room for this. they took another that was larger, then another one then went to your convention center. it holds 10,000 people. within a few minutes we were wiped out of that one because we were way over. they go to your stadium because that's the people's stadium, the only thing that could hold it. it's become like a happening, an event, and a real happening. they know they're not going to be ripped anymore. they're smart people. they know what's going on. they know how ignorant our government has been in trade, taking care of vets. they do such a poor job in so many different ways. i think that's probably why you have the crowd and probably why i polled so well in alabama. >> it comes as the trump campaign a

. >> i would love to see vai do a re-enactment of punching that goalpost. >> nbc 10 is the official stationf the philadelphia eagles. the opener is august 16th against the colt. >>> a grand jury cleared six police officers of a deadly shooting in south jersey. the winslow police officers shot and killed daniel st. pierre last august. prosecutors say he had a gun and struggled with officers before the shooting. the officers were not hurt. >>> two years in prison. that's the sentence today for a delaware county teacher who sexually abused nine children. paul hochschwender pleaded no contest in january. he already served seven months of his sentence. hochschwender also got ten years probation and must register as a sexual predator for the rest of his life. >>> with governor chris christie campaigning for a presidential rain, the acting governor signed a new law into effect today, asking prospective drivers whether they want to take a pledge to follow traffic safety laws. the bill is named after an 11-year-old killed in a car crash when another car did not stop at a stop sign. this is the first

right at the goalpost -- he's way outside. >> greg: good job by the first-year quarterback. >> phil: i think as you look at this here, i'm interested to see what san diego does. are they going to sit back and play zone? that's what it looks like. that's the best thing you can hope for as a young quarterback. >> greg: on the slant, daniels. daniels comes up short by about a yard. fourth and one, seattle looking to keep the drive alive. >> phil: you could run the football. still plenty of time. run it. get the first down. then spike the ball. >> greg: 55 seconds to play. sideline. midfield. 45, 40, and knocked out of bounds. kasen williams. >> phil: what a throw, fourth down. stood back there and relaxed and makes the throw right on target. what a good job by williams fighting the defensive back off. that was lowell rose on the coverage. excellent throw by archer. >> greg: now steven hauschka, right now looking at about a 53-54-yard field goal. >> phil: san diego challenged the receivers and the quarterback and the receiver won that time. >> greg: this is smith moving it to the center

right at the goalpost -- he's way outside. >> greg: good job by the first-year quarterback. >> phil:nk as you look at this here, i'm interested to see what san diego does. are they going to sit back and play zone? that's what it looks like. that's the best thing you can hope for as a young quarterback. >> greg: on the slant, daniels. daniels comes up short by about a yard. fourth and one, seattle looking to keep the drive alive. >> phil: you could run the football. still plenty of time. run it. get the first down. then spike the ball. >> greg: 55 seconds to play. archer throwing. sideline. he's got his man. midfield. 45, 40, and knocked out of bounds. kasen williams. >> phil: what a throw, fourth down. stood back there and relaxed and makes the throw right on target. what a good job by williams fighting the defensive back off. that was lowell rose on the coverage. excellent throw by archer. >> greg: now steven hauschka, right now looking at about a 53-54-yard field goal. >> phil: san diego challenged the receivers and the quarterback and the receiver won that time. >> greg: this is s

right at the goalpost -- he's way outside. >> greg: good job by the first-year quarterback. >> phil:nk as you look at this here, i'm interested to see what san diego does. are they going to sit back and play zone? that's what it looks like. that's the best thing you can hope for as a young quarterback. >> greg: on the slant, daniels. daniels comes up short by about a yard. fourth and one, seattle looking to keep the drive alive. >> phil: you could run the football. still plenty of time. run it. get the first down. then spike the ball. >> greg: 55 seconds to play. archer throwing. sideline. he's got his man. midfield. 45, 40, and knocked out of bounds. kasen williams. >> phil: what a throw, fourth down. stood back there and relaxed and makes the throw right on target. what a good job by williams fighting the defensive back off. that was lowell rose on the coverage. excellent throw by archer. >> greg: now steven hauschka, right now looking at about a 53-54-yard field goal. >> phil: san diego challenged the receivers and the quarterback and the receiver won that time. >> greg: this is s

markets don't like the fed redefining the goalposts.rong case for if things stabilize a little bit, let's move in september because that will send a strong message to the markets, to the country as a whole that we are confident that this economy is strong enough to withstand it. the markets would receive it as a positive. erik: aneta markowska is the chief u.s. economist at a societe generale. startingeup of guests at 8:00 tomorrow. presidents of the cleveland and minneapolis fed's. ♪ >> good morning, it is 10:00 a.m. here in new york city. 3 p.m. in london, and 11 p.m. in tokyo. this is the bloomberg market day i'm olivia stearns. i want to start with a check "on the markets." u.s. stocks are rebounding again today. this after the s&p posted its biggest rally since 2011. you can see the dow is up 167 points. the nasdaq up about 60 points. the big news this morning, we had second quarter g.d.p. coming in at a revised 3.7% growth. so that boosting sentment here on wall street. time now for your top headlines. olivia: breaking news. econo

reporter: that's right, if you are unfamiliar with the goalpost, it's when your kicker isn't strong enough to reach it end you move closer. and perhaps that is what is going on here. >> you never know. >> that is the trick, leaving early. subway rides are probably a lot less stressful especially considering underground delays are becoming more common. >> the numbers that we just got show that it's not quite nearly 92% or 90%. mta trains are running on time 74% of the time and now it wants to change to 75%. >> don't you want to improve rather than going the other direction? >> studying half a million subway delays in 2014, the state comptroller found three causes that can be improved upon. the maintenance of subway cars, making traffic work less obstructive disservice making it all the more important for the state agency to get money for its capital budget. including changing with a passing grade. >> shipping at is basically saying that yes, trains are going to be delayed and that is the reality. the worst thing is that that will be the reality until it gets funded. >> when the train comes

people feel that you move the of goalposts they want their retirement or the second career so politically it doesn't seem to fly. hopefully that will change in the future as a more practical issue raising the retirement age will not make a difference. i will shuffle papers and tell that i am 90. if you are a coal miner miner, that is a big deal you also take into account every age and in, all discrepancies of life expectancy you already have - - three black men that pay social security taxes but died before they collect benefits. so it is not as easy to raise the retirement age as you would think. >> host: you have to build in different combinations for those who are working if they cannot work do 67 in the field. >> but then it europe you have a different retirement age so teachers retire at this stage door truckdrivers that this sage or farmers and you have fights food gets to retire earlier and it gets to be complicated and of course, they push to lower the age but increase their dressers have their retirement age of 55 because they have hazardous chemicals. >> host: so what about soci

but the nfl seems to kind of be moving the goalposts on him.er the ted wells' report, it was determined he had jena warns of deflating footballs. then when goodell upheld this four-game suspension, he knew he was in sti gating this. and that's tough for judge berman who has been hearing this case. >> can there be a stay? is it literally the judge will decide in the next few days before friday on what the fate may be? >> yeah, he's either going to -- i believe go with the four-game suspension or say, you know what? no. and he's going to vacate it. whoever is the loser will head to the appeals court. the nfl has had more success on the appeals court than it has in the lower levels the last few years. >> that's what we're wondering, f if there will be another appeal coming out of this. let's look at the trailer of the concussion. >> head trauma chokes the ground. >> the nfl does not want to talk to you. you've turned on the lights. >> you're going to war with a corporation that owns a day of the week! >> no proof was presented today because this s

people feel they am are having that goalpost moved but politically it doesn't seem to fly. the other is more practical the issue if you raise it it doesn't make much difference i will shuffle papers and tell i am 99 but if you are a coal miner to raise it as 72 that is a big deal. also every age and income level and african-americans to live this long and you already have one out of three black men who paid taxes but die before they collect benefits how much you want to increase that? is mitt is not as easy to raise that age as policymakers think. >> host: is certainly for those who cannot work longer or until 67. >> guest: but then you have what they have been directed different retirement age for every class teachers, a truck drivers, farmers

if you think our bar having moved the goalpost, sorry to mix sports metaphors but that our bar is on realistic eye, i think we'll have a hard time securing the cooperation enemies are sanctions leverage will erode considerably. >> thank you, mr. chairman. >> thank you, mr. chairman. and thank you, ambassador sherman and undersecretary szubin for your work. i think ago. understands that a nuclear-armed iran threatens the united states, threatens israel, threatens the entire world. the question now before congress, and the only question before congress is whether nuclear agreement negotiated alongside other countries represents our best available option for preventing iran from acquiring a nuclear weapon. i wonder if you can fool some of the pieces together and evaluate the options. what happens if we go forward with a steel versus what happened if we back out? let's start with the tough sanctions imposed by the united states with the cooperation of other countries around the world such as the uk, france, china, russia, germany, the eu. if we reject this do we need our international pa

people feel like you're moving the goalpost on them. they want that retirement or second careers or whatever they're going to do, and they hate that being taken away. politically, it just doesn't seem to ply. hopefully -- seem to fly. hopefully, that will change in the future. the other is practical. for me, you raise the retirement issue, i'm going to shuffle papers until i'm 90 -- glz you're going to be writing these books. >> guest: exactly. it's not hard for me. if you're a coal miner and you say let's raise the retirement age to 72, that's a big deal. and you also have to take into account that you have at every age and income level african-americans don't live as long as whites, you have discrepancies in life expectancy, things like that, that are there. you already have about one out of three black men who pays social security taxes but then dies before they can collect benefits. how much do you want to increase that unfairness in the system? it's not as practically easy to simply raise the retirement age as i think a lot of poli

they have constantly moved the goalposts over the last five, six years.is it is between 5.0 and 5.2%. the challenge here for the fed is that we get to 5.2 or 5.1. wages continue to flat line and do nothing. they once again take another chink off their credibility with the market. >> the way i would look at it, when it is under 6%, maybe they should start talking turkey then. in our final minute, we are going to go to the main topic. quantitatively, the best argument to view the fed activity or no can activity in the future are earnings. >> average hourly earnings. it is a big number for the fed. i think that investors want to keep an eye on this. in the year over year series over the last seven years, we have bumped off the up 2.3% levels a number of time. the august of 2014 number, which was up very strong, up .03% is going to fall in the year over year series. the base effect is going to effect next month's number on september 4th. that's arguably the last large important data point for the fed. just to keep average hourly earnings year over year at up

it's called moving the goalposts. i remember on breakout time prime minister netanyahu in that famous speech before the u.n., i think it was 2012 said we need at least a few weeks or months' notice before iran does something. a few weeks or months. and then john kerry comes and testifies before the senate foreign relations. he says we're going have six months of breakout time which is more than a few weeks or months. then he was told six months isn't enough. then they come back with an agreement that says a year. doubling that. and then suddenly we hear well, actually, we need two years. i don't know if there is any number that we can could choose for breakout time that would satisfy people. and it seems to me that 15 years is a really, really long time in nuclear years, years for a nuclear program. but that's my judgment. let's compare wit the alternatives. let's say we use military force to decimate that program. i was part of a study that looked at the costs and benefits of military action against iran's program an

if they think that our bar, , theg moved the goalposts bar is unrealistically high, we will have a hard time securing that cooperation and that means that the sanctions leverage will the road considerably. sen. crapo: thank you, mr. chairman. thank you, mr. chairman, thank you, undersecretary szubin, and ambassador for your work. i think everyone understands that a nuclear-armed iran threatens the united states, threatens israel, threatens the entire world. the only question before congress is whether the nuclear agreement negotiated alongside other countries represents our best available option for preventing iran from acquiring a nuclear weapon. i'm wondering if you can pull these pieces together and evaluate the option. what happens if we go forward with a deal versus if we back out? let's start with the tough sanctions imposed by the united states with the cooperation of other countries around the world, such as the u.k., france, china, germany, the eu. deal, we needhis our international partners to continue the tough sanctions, block iran's access in order to be effective. ambassad

. >> i also think there's measurable goalposts along the way. for example, when we hit this turning point and the 20-year trend ticks down what is going to actually happen? well, if we say what's going to happen on the pla side tore china side unit 16398, all of a sudden all the million of agents that they're watching oh their screens and monitoring go dark. that's actionable. and when that happens, you know what we're going to see? we're going to see that unit freak out. we're going to see them go back in to the drawing board we're going to see them working day and night. they'll send minions out to try to get new points so they can basically reinsert new types of agents. this is what i mean by we've got to be able to stay two years ahead. because if we can stay two years ahead, the effects are dramatic. right now what we've done is just stayed complacent and let all these agents and things and supply chain infections just permeate everything. so i think just like that where we're saying, all right, when the turning point hits, how will you kno

crews are removing one of the goalposts to accommodate the stage for the republican front-runner. his blunt style may seem like an unlikely fit in the south, trump says he is not surprised by the enthusiasm. >> what happened is we took a hotel like a ballroom that held 1,000 people, and the company, the hotel company calls us up and said we're getting swamped. we don't have enough room for this. they then took another one that was larger than another one, then the convention center, and i think it holds 10,000 people. within a few minutes, we were wiped out of that one because we were way over. and then they end up going to your stadium because that's the -- >> right. >> that's because that was the only thing that could hold it. it's become like a happening. it's become an event and a real happening. they know they're not going to be ripped anymore. and they're smart people. and they know what's going on. they know how ignorant our government has been in trade, in taking care of the vets. they do such a poor job. in so many different ways. and i think that's probably why you have

now we're starting to see the fed move the goalposts a bit.andate to okay, now we're looking at global risks, china softening, those sorts of things. it's woken my clients up. at 2100, we're bearish as it is, and that seems like very much atop here. now, if you look at the derivatives market and what index options are telling me right now is i wouldn't call for a 10% correction here. could we see some sort of softness? yes. s&p index term structure, vix term structure, it's priced for some stuff to happen, to have some sort of volatility in the more near term, but it's not saying we're going to see some sort of 10% correction any time soon. it's a global growth question. we need to watch it. but the fed needs to start getting a motion. when you think about what they might be positioning the market for is we can now start to raise rates and the market doesn't implode. >> okay. mark, what do you think? >> well, on the fed liftoff, i really wish the fed would just rip the band a-aid off a wound that's healed about three years ago in all of this s

moving typical goalpost that netanyahu has been engaged with with the palestinians, and now with theran nuclear deal. this is the best, most deal.hensive arms control not just between the united states, but between the p5+1. than iranr danger acquiring a nuclear bomb is israel believing that they are going to have it and then preemptively striking a ran -- iran. that is the big danger. as far as chuck schumer, i am highly is appointed. i'm not an anti-summit. -- anti-semi. same with your lieberman. these jewish americans in congress are jewish first and americans at second. i'm sorry if that offends somebody but that is the way they project. host: we should it is, that jeb bush front page today on the new york times. on another issue, the headline is bush asserts a clinton role in iraq decline. they said the former florida governor speaking to republicans issued a blistering attack on tuesday on the and ministrations handling of iraq and terrorism, asserting that hillary clinton, the front-runner for democratic presidential nomination, has stood by the secretary of -- as the secretar

if they think that our bar, having moved the goalposts, the bar is unrealistically high, we will have a hard time securing that cooperation and that means that the sanctions leverage will the road considerably. sen. crapo: thank you, mr. chairman. sen. warren: thank you, mr. chairman, thank you, undersecretary szubin, and ambassador for your work. i think everyone understands that a nuclear-armed iran threatens the united states, threatens israel, threatens the entire world. the only question before congress is whether the nuclear agreement negotiated alongside other countries represents our best available option for preventing iran from acquiring a nuclear weapon. i'm wondering if you can pull these pieces together and evaluate the option. what happens if we go forward with a deal versus if we back out? let's start with the tough sanctions imposed by the united states with the cooperation of other countries around the world, such as the u.k., france, china, germany, the eu. if we reject this deal, we need our international partners to continue the tough sanctions, block iran's access