no gross, next on bloomberg. ♪ -- gross, next on bloomberg. ♪ so you're a small business, or a big onehriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. jonathan: from new york and london, this is bloomberg surveillance. from our audience worldwide, live on bloomberg tv and radio. i am jonathan ferro. 60 minutes away from the opening ballot. equity feud -- from the opening bell. the s&p 500 with a bit of rebound. up 1.1%. in the fx market, the euro breakout. the ecb trying and failing to do anything about it. 1.1874 on euro-dollar. in the bond market, a bit of a snooze. the bottom end of the range 50 basis points, the top end around 90. right now it is 66. headlines from airbus. lisa mentioned in the job cuts angle from the airline industry. travelsays "th

one thing we both working on listening t back to was the interview with ill gross -- bill gross.ng i found interesting from his investment outlook was he compared the post-covid economy to his son's tattoo, saying that covid-19 was like a tattoo on the global economy. it will take years to recover from. and of course he talked about the fed. , front and center on investor'' minds tomorrow. he said it is playing the dog in the treasury is wagging it. is it inflationary, yes. manus: and then there is the de globalization argument. you are right, it is the tail wagging the dog. what gross had to say in terms of the run in the markets, in his opinion, it is not all the u.s. fiscal stimulus. you will need a quantum of deficits to continue to pump the economy. in future years, it will require $4 trillion, $5 trillion, $6 trillion. so you're looking at that as a risk. deglobalization and deficits are the risk. you have asia on that. one year high on the yuan. s&p futures rallying. is the deal done? donehey desperation deals because you go nowhere to deploy your cash. oil, cable and 10 y

of global gross domestic product.king hours are expected to total the equivalent to 345 million full-time jobs in the third quarter. income.toll on global more than 83,000 new cases were recorded in the past day. modi hasister narendra held talks with state leaders. an ambulance driver is on covid-19 duty in the indian capital. during the coronavirus pandemic he says he has had to work 48 hour shifts because the health care system is underfunded and overstretched. his family wants him to quit and return to their village. he is not ready to do that, but he does feel let down by his government. always --ernment government representatives should see our working conditions. they should try to talk to us. no one comes to ask about our issues. if we raise our voice, we are fired from our jobs were transferred to a different zone. reporter: india's official tally of coronavirus cases has passed 5.6 million, second only to the united states. india's supreme court says conditions are deployable -- deplorable. doctors and nurse

gross! so now, i grab my swiffer heavy duty sweeper and dusters. dusters extends to 6 feet to reach way up high... to grab, trap and lock away gross dust. nice! for dust on my floors, i switch to sweeper. the heavy duty cloths reach deep in grooves to grab, trap and lock dust bunnies... no matter where they hide. no more heebie jeebies. phhhhew. glad i stopped cleaning and started swiffering. >>> it's a bird, it's a plane -- no, it's turkey's first flying car. it hovered about 33 feet yesterday before landing on the tarmac. it's expected to reach speeds of 62 miles per hour. don't expect to see this in the sky any time soon. the company behind the invention says it will take at least 15 years to happen which is a lot faster than the jetsons. i think it was 2062 when they had their flying car. trivia. >>> big ten football is returning. and an investigation into a gruesome homicide case. those are some of the headlines on the "morning newsstand." "the louisville courier journal" says a man traveled more than five hours a greyhound bus from kentucky t

gross you know never become a. conqueror any. continent or countries or sending troops to other countries or fighting in advance like i want them to when you believe that your call for more tolerable example for example from other that's the french that i know yeah but also you know sometimes in a 10 tolerance a 1000000 weakest locked up in ri and so-called reeducation camps tolerance of persecution of christians is that the kind of tolerance that you're looking for from the outside no i don't i don't i don't i don't i don't think you interpret that right i think the tolerant china has a different development model have a different path of a different system because we you know it was saying china didn't come virgin the china can't be you know we did of all a diversity of this world we can't just open source run fresh and we're not talking about going verging on diverging the world is complaining about your yeah human rights record continually and the locking up the incarceration of a 1000000 weak is engine jang province this is

it shows you the initial signs of gross margin pressure they need to overcome gross profit dollars, they curve better. currency is moving in their favor. it doesn't change the overall concern the risk/reward at these levels are balanced. >> i hear you with regard to gross margins but is now the time for apple to be super aggressive when it comes to pricing, especially given the uncertainty surrounding the economy, consumer spending, still to deal in washington. are they taking more of a prudent approach by maybe being moderate with their pricing? >> i think this is the time for them to sort of use their balance sheet to allow for subscription base or installment pricing. that is where they're going to be able to try to move the demand curve in their favor. now, that said, all the points that you noted are head winds for the company to overcome. so in this particular environment, i think it's going to be challenging to raise pricing and keep gross margins flat that's one of our main concerns in looking at the stock going into this cycle is that there could be gross margin pressure on the

gross! so now, i grab my swiffer heavy duty sweeper and dusters.xtends to 6 feet to reach way up high... to grab, trap and lock away gross dust. nice! for dust on my floors, i switch to sweeper. the heavy duty cloths reach deep in grooves to grab, trap and lock dust bunnies... no matter where they hide. no more heebie jeebies. phhhhew. glad i stopped cleaning and started swiffering. try nature's bounty hair, skin and nails gummies. the number one brand to support beautiful hair, glowing skin, and healthy nails. and try advanced, now with two times more biotin. and try advanced, now with you try to stay ahead of the but scrubbing still takes time. now there's powerwash dish spray it's the faster way to clean as you go just spray, wipe and rinse it cleans grease five times faster dawn powerwash. spray, wipe, rinse. so are we. prudential helps 1 in 7 americans with their financial needs. that's over 25 million people. with over 90 years of investment experience, our thousands of financial professionals can help with secure video chat or on the phone.

margins today, and what are the gross margins going to be like in the next three or four quarters.t the recent quarter, gross margins declined, and on a year own year basis, most of the improvement was driven by the selling of ev credits, 100% margin we have not seen gross margin improvement on the automotive side for several quarters, and if this is going to happen in three years, although it's an ambitious plan and interesting, the stock is already moving so fast and has discounted a lot of this potential good news my concern really is the gross margins over the next year or so, what are the steps to improve the margins and the valuation? >> emanuel, rauj continues to stalk about the manufacturing challenges do you believe tesla will be able to maintain the advantage, so to speak, over others in terms of all the things, whether it's lower cost vehicles and/or battery technology >> absolutely. i think the move was announced yesterday and is a reinvention of the battery manufacturing process. it's a move in-house it's unique for an you ah toe maker. and it's designed at maintaining

gross! so now, i grab my swiffer heavy duty sweeper and dusters.to reach way up high... to grab, trap and lock away gross dust. nice! for dust on my floors, i switch to sweeper. the heavy duty cloths reach deep in grooves to grab, trap and lock dust bunnies... no matter where they hide. no more heebie jeebies. phhhhew. glad i stopped cleaning and started swiffering. hi. what's on your mind?in. can you help keep these guys protected online? easy. connect to the xfi gateway. what about wireless data options for the family? you can customize and save. what about internet speeds that can keep up with my gaming? let's hook you up with the fastest internet from xfinity. and now with our stores reopening, we're putting healthy practices in place. come visit a store today. stop in or book an appointment online at a time that works for you. now that's simple, easy, awesome. ask. shop. discover at your local xfinity store today. >>> in this election season, americans are taking sides and searching for candidates to believe in. but there are growing concerns

gross! so now, i grab my swiffer heavy duty sweeper and dusters.rs extends to 6 feet to reach way up high... to grab, trap and lock away gross dust. nice! for dust on my floors, i switch to sweeper. the heavy duty cloths reach deep in grooves to grab, trap and lock dust bunnies... no matter where they hide. no more heebie jeebies. phhhhew. glad i stopped cleaning and started swiffering. all your favorite flavors are on doordash. and now we're welcoming dunkin'. dunkin' is now on doordash! for a limited time, spend $10 and get a free 25 count of munchkins donut hole treats. plus, enjoy a zero dollar delivery fee! doordash. every flavor welcome. >>> the president ramping up the rallies in the middle of the coronavirus pandemic but who can forget this moment from the 2016 campaign. >> look at my african-american over here. look at him. are you the greatest? you know what i'm talking about? >> well, that man was gregory cheadle and now he says his life hasn't been the same since. he says he has lost friends, had to go into hiding and even had his love

it's so gross. there's nothing better for office camaraderie than a practical joke. it lifts people's spirits. mm. well played. . >>> fire erupting in fresno county burning 3600 acres in less than 24 hours. forcing thousands to evacuate. and leaving more than 150 people trapped by flames. >> another bay area heat wave brings scorching temperatures. a flex alert, fire danger, and now pg&e is warning of the first public safety power shutoffs of the year. >> there's a reasonable chance of executing a psps to reduce public safety risk. >> well, more on the fire in fresno county. but first, we begin with the oppressive heat that's now come across the bay area during this labor day holiday weekend. good evening. >> i'm andre senior. triple digit temperatures expected in some areas and we have team coverage of this heat wave. this new heat wave. ktvu's greg lig gens will tell us more but we begin tonight with meteorologist mark demayo. >> reporter: yeah, that's right. now typically at this time of year it's not abnormal to talk about maybe 98, 100 degrees or unusual. but th

in gross profit over 30 days is $36,000 in gross profit.rating expenses are 30,000 bucks. so she's got to hustle and grind it out to make money. i had a really nice day, and thank you so much. lauri: thank you. annetta: thank you, sir. lemonis: i appreciate everything. i had a really nice time today. annetta: thank you. lemonis: i really did. annetta: thank you for your time. lemonis: see you soon, brother. be good. silas: have a nice night. lemonis: thank you. there are moments where i do the financial review and i'm ready to go right into negotiation because i understand exactly what i want to do, but as i walk out this door, i really start to think and take account for the idea that she was very fragile. and when you get into business with people and you're having to be aggressive to make changes, to have them look at things, you have to be stern, and i didn't feel comfortable that i could could exert myself the same way because of what i knew she had been through. and i was always going to be respectful. i worry that i just wouldn't be

we have for example a gross national product of approximately $500 billion.oughly a hundred billion to a hundred and $250 million of that is the result of government activity. $400 billion, approximately, is a result of what individuals do. now, the reason the eisenhower administration has moved, the reason that we've had the funds, for example, locally to build the schools, and the hospitals, and the highways, to make the progress that we have, is because this administration has encouraged individual enterprise; and it has resulted in the greatest expansion of the private sector of the economy that has ever been witnessed in an eight-year period. and that is growth. that is the growth that we are looking for; it is the growth that this administration has supported and that its policies have stimulated. mr. smith: senator kennedy. mr. kennedy: well, i must say that the reason that the schools have been constructed is because the local school districts were willing to increase the property taxes to a tremendously high figure -- in my opinion, almost to the poi

i'm thrilled to tell you, bill gross will be with us this morning.has an investment view out, and it has been way too long since i have spoken to mr. gross. we will speak no doubt about the odd financial repression that we are living. this is bloomberg. good morning. ♪ so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. tom: bloomberg surveillance, good morning. with a new emperor, japan has a new prime minister. with the on this of mr. eight, stepping away from his long tenure, nestor suga from the north will take over. mr. suga from the sui north will take over. let me make clear, not elected by the people, but appointed with a 70% vote from the party. this is south of

it was so gross, my step dad took a picture of it, gross, we have a good show for you tonight, although you won't know it because there's no applause or laughter. i pay them $50 each and they are barely mustering a chuckle. we've got music from elle king, and we'll be right back with dan levy. whoa, all right, see you soon. ♪ >> dicky: abc's "jimmy kimmel live," brought to you by verizon. g ultra wideband, and it's already available in parts of select cities. like los angeles. and in new york city. and it's rolling out in cities around the country. with massive capacity. it's like an eight-lane highway compared to a two-lane dirt road. 25x faster than today's 4g networks. in fact, it's the fastest 5g in the world. from the network more people rely on. this is 5g built right. only on verizon. neutrogena® rapid wrinkle repair®. we've got the retinol that gives you results in one week. not just any retinol. accelerated retinol sa. for not only smoother skin in one day, but younger-looking skin in just one week. and that's clinically proven. results that fast or your money back. unless you'

cup pandemic so winery in lodi wanted to make sure those on the frontlines feel appreciated kristi gross reports. >>link twins family winery and vote aye has a simple message for nurses like to say it's hearty thank you from our family to yours but it's not just words wondering president melissa lang says they wanted to show their appreciation for frontline workers an opportunity for us to be able to give back to those they give us so much at a time when we need them. most lang says they partnered with the adventist health memorial vote aye hospitals foundation to provide more than 400 gift boxes for nurse week, the nationally recognized week is typically celebrated in may but was postponed because of the pandemic for the lodi community, it's never too late to think hard working nurses for all they do you make of nurses, it is someone who is seeing us cherry worse and we are expecting them to bring their very best she says she hopes the gift boxes full of donated snacks products and bottles of lakeland winds shows their as a white family i can't actively help makes someone well though we

gross! so now, i grab my swiffer heavy duty sweeper and dusters.to 6 feet to reach way up high... to grab, trap and lock away gross dust. nice! for dust on my floors, i switch toep the heavy duty cloths reach deep in grooves to grab, trap and lock dust bunnies... no matter where they hide. no more heebie jeebies. phhhhew. glad i stopped cleaning and started swiffering. >>> here's a look at the forecast in some cities around the country. >>> u.s. open tennis champion naomi osaka has pulled out of the french open. she withdrew because of an injured left hamstring. osaka hurt her hamstring last month at a tournament before the u.s. open. she wore heavy tape during the open. >>> and the author who helped make forrest gump famous has died. winston groom whose novel was turned into the 1994 oscar-winning appeared on wednesday in alabama. he wrote 60 books during his career, both fiction and nonfiction. he's best remembered for the movie starring tom hanks that won six oscars. winston groom was 77. >>> batman is back in action. production for the movie "t

gross! so now, i grab my swiffer heavy duty sweeper and dusters. dusters extends to 6 feet to reach way up high... to grab, trap and lock away gross dust. nice! for dust on my floors, i switch to sweeper. the heavy duty cloths reach deep in grooves to grab, trap and lock dust bunnies... no matter where they hide. no more heebie jeebies. phhhhew. glad i stopped cleaning and started swiffering. ♪ scratch that, ♪baby, i'm grateful ♪ ♪ got to say it's really been a while ♪ ♪ but now i've got to crack that smile ♪ ♪ smile, hey check everything off the list with contactless ways to get ready for school at target. when you order a hot-and-juicy quarter pounder. a normal amount of napkins, just won't do. ♪ ba da ba ba ba how hard? well, they developed the new persil oxi-power. it cleans more stains better than the number one selling liquid oxi detergent. boom! new persil oxi-power. that's why i take osteo bi-flex, to keep me moving the way i was made to. it nourishes and strengthens my joints for the long term. osteo bi-flex. plus vitamin d for immune supp

i felt gross. it was kind of a shock after i started cosentyx. four years clear. and feel better with cosentyx. don't use if you're allergic to cosentyx. before starting, get checked for tuberculosis. an increased risk of infections and lowered ability to fight them may occur. tell your doctor about an infection or symptoms, if your inflammatory bowel disease symptoms develop or worsen, or if you've had a vaccine or plan to. serious allergic reactions may occur. learn more at cosentyx.com. >>> for his interrogation of brendan dassey, now seen by millions, tom fassbender has come under fire in court and online. >> this was seen by many as a false confession. do you see it as a false confession or a real confession? >> i feel it was a real confession. >> were you ever trying to extract a false confession from him? >> absolutely not. >> fassbender denies that his expressions of sympathy for dassey were manipulative. >> i, legitimately, was concerned for him. that wasn't staged, that wasn't strategy. >> why do you think people took it the other way, the more sinister

gross! so now, i grab my swiffer heavy duty sweeper and dusters.usters extends to 6 feet to reach way up high... to grab, trap and lock away gross dust. nice! for dust on my floors, i switch to sweeper. the heavy duty cloths reach deep in grooves to grab, trap and lock dust bunnies... no matter where they hide. no more heebie jeebies. phhhhew. glad i stopped cleaning and started swiffering. the worst lies are the lies you tell yourself. like smoking isn't that dangerous. (announcer) you can quit. call 1-800-quit now for help getting free medication. find a stock basedtech. on your interests call 1-800-quit now for help or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. plan matters more than ever. unitedhealthcare medicare advantage plans have so much to take advantage of. see a doctor from the comfort and safety of home with zero copay. call today to get more of the care you need. so when it comes to screening for colon cancer, don't wait. becau

i think they've already given us the argument to help dispose of al gross which is that he is exactlys want, somebody who joined the democratic caucus and help them push through a local agenda. >> dana: we saw this headline in "the wall street journal," that president trump is going on mentioned in a lot of tv ads for house and senate campaigns, 6% of nearly 800,000 ads about how closely are the fortunes of senators running for reelection right now on the republican side of the aisle, how closely are they tied to president trump's performance? >> senate races are interesting because they tend to stand apart from national trends, one of the reasons you don't hear republicans mentioning trump as much or democrats or even any mentioning of joe biden. these are races where each candidate makes their own appeal to the voters. we seen there was a recent study that showed that ticket splitting is not what it used to be, it's much less common but it does happen. in montana, three percentage points in montana when president trump was winning that state by 18 percentage points. so there is a si

gross you know never become a. conqueror any.ontinent or countries or sending troops to other countries or fighting in advance like i want them to when you examine your goal you call for more tolerance example for example for my last dollar that's the french that the yeah but the but also you know the answer was our $1.70 weakest locked up in we're so-called reeducation camps tolerance of persecution of christians is that the kind of tolerance that you're looking for from the outside no i don't i don't i don't i don't i don't think you interpret that right i think the tolerant china that they're from development model have a different path of a different system because we you know it was say oh china didn't come virgin the china can't be you know we need a mall a diversity of this world we can't just open source run fresh and we're not talking about convergence diverging the world is complaining about your human rights record continually and the locking up the incarceration of a 1000000 weak is engine jang province this is what t

gross country again a campaign coming from white house coming on the strongest regime let's talk about you know cyber theft of intellectual property now there are many going to have to somehow i'm going to be docked access from russia i have from the united states these are 1st of all i don't think that in trying to try not to get a comment 2nd china has the largest population we have on what people so naturally republic the largest population of. us. base but you know you shipment this through a sort of space also. the whole of the nation approach to sunni ahmad it's not 2 properties that's just crazy i mean give me one example of one technological achievement as a result of studio market construction properties you know the skins any advantage if you don't have a lot of talk of all this in the past in the media the loss to he has also but if you don't show all of this this this profit and i'll just acquisitions you get down to the details find one example that actually was substantiated slim had been released and i have i went through a licensed section 30 report is 200 page report h

gross you know never become a. conqueror any. continent or countries or sending troops to other countries or fighting you know that's what i want done to when usually example call for more tolerable example for example for my last dollar that's the french that i know yeah but the but also you know the ones where our $1.70 weakest locked up in riyadh so-called reeducation camps tolerance of persecution of christians is that the kind of tolerance that you're looking for from the outside no i don't i don't i don't i don't i don't think you interpret that right i think the tolerant china that they're from development model have a different path of a different system because we you know it was say or china didn't come virgin the china can't be you know we need them all a diversity of this world we can't just run fresh and we're not talking about going verging on diverging the world is complaining about your human rights record continually and the locking up the incarceration of a 1000000 weak is engine jang province this is what they'

tell us also to just to say that you know china is a gross if i think it's it's makes a mockery of the word aggression you know and you know the south china sea i want to make a point that you know. the trump ministration just a few days ago. secretary of state on the opening east statement was that he chants united states traditional condition on the issue of honesty used to be mutual not just taking a side and it's also championing a. verdict a major bill that united states doesn't own a cell ok so you know i think this is behind us rhetorics. hollow bunch of progressives indeed it was china i think the fact that the chinese are there can be a punch. back off the united states just short of purity because something i'm not sure that united states has a lot of i'm not at all also i think very important is that the american response to to the pandemic has been is nothing less than a disaster ok there's comparisons you can have all around the world we don't have to use chinese the comparison to be don't want you can use europe is a very good example and i think that's projecting and i t

gross next if i can. thank you for being here in speaking to us about what you doing in your community to promote student health and wellness. you say that students receive, as student you see way more parents, teachers and other adults by joy not given the tools to help their friends struggle mental health. can you talk about your experiences in the safe promise club come what tools would be beneficial for you to help a friend struggling with mental health and for creating a system of support for students in your school? >> yes, thank you for the question. so one thing say has taught me is being able come for chef to be able to make it with people. that's one thing to focus on is reaching out and getting into committees. and the one thing is we go out and talk to different schools and build committees were people feel comfortable expressing themselves with each other. what somebody feels safe enough to speak about. we have trusted adult training so we train people to bring the committee's together by bei

so i can tailor the british police this is pretty gross suffering from a large rise in the riff cough and spit attacks suspects are taking advantage of fear of contamination with offices in the midlands county of leicestershire particularly complaining they can't do the job properly because of what's been happening. you know what the court may intervene ya. the rise in assaults has huge impacts on stuff both physically and mentally and it has a huge impact on communities thousands and thousands of days of policing a lost because of these assaults or the number of attacks has doubled there's been hundreds of cases in just months in leicestershire alone. barely $100.00 incidents in the same period last year but it's not just these spit and cough attacks as gross as they are assaults generally on law enforcement a shooting across the board leaving stuff obviously nervous and unable to do the job as we've been saying this but a 21 percent jump in attacks on british police during the lockdown almost $8000.00 cases nigh on have been registered in just 3 months for a police officer himself p

it was so gross, my step dad took a picture of it, gross, we have a good show for you tonight, althoughou won't know it because there's no applause or laughter. i pay them $50 each and they are barely mustering a chuckle. we've got music from elle king, and we'll be right back with dan levy. whoa, all right, see you soon. ♪ ♪ >> dicky: abc's "jimmy kimmel live," brought to you by consumer cellular. step up. prep up. up. prep up. to help keep you free from the risk of hiv. from the makers of truvada, there's another prep option: descovy for prep. a once-daily prescription medicine that helps lower the chances of getting hiv through sex. it's not for everyone. descovy for prep has not been studied in people assigned female at birth. talk to your doctor to find out if it's right for you. step up. for health and body. prep up for your one and only love or many loves. for kings, this queen, and you royals in between. for my now. our now. and my future. our future. step up. prep up. descovy is another way to prep. descovy does not prevent other sexually transmitted infections, so it's importa

and think that is where is that gross whereis i think in san francisco. john. towers in her gusting. yeah, not much better really anywhere else so it could be and more gently. >>but just tell us it's not going to be hot and that is not that hot now there's the one plus right, yeah, it's rea this morning and we are going to be looking at skies through ahead of us you can see san jose as much in the same boat as we are in san francisco. >>with conditions out there definitely being affected by that smoke and we are looking at the rsair quality in portions of the inland east bay, the peninsula, upper elevations and then across the north bay but really are affected by this morning, red flag warning still in effect fire danger still does remain high, especially for upper elevations, 50's and 60's for your current temperatures, art bit of good news. we also have cooler conditions this afternoon talking more about all that and of course the poor air quality still to come. >>all right, tha bridges are st crowded but slowly improving we're starting off wi the san m

of global gross domestic product the foreign working hours in the 2nd quarter 2020 was even sharper at 17.3 percent and the outlook for the rest of the year is bleak last working hours are expected to total equivalent of $345000000.00 full time jobs in the 3rd quarter showing the heavy toll pandemic is taking on global labor income. well india is on track to overtake the united states as the country with the most corona virus infections 83000 new cases were recorded in the past day struggling in his efforts to control the outbreak prime minister narendra modi has held talks with state leaders to be a force. ambulance driver of an aged. 19 g.t. in the indian capital new delhi during the caret of r.'s pandemic he says he's had to work 48 hour shifts because the indian healthcare system is underfunded and overstrung his family wants him to quit and return to their village he's not ready to do that yet but he does feel badly let down by his government. the government or its representatives should come and see our working conditions they should at least try to talk to us no one comes to

you would really wonder what was going all what are they doing what is this gross that has to appear in every political sense on some is the basis of every economics textbook what is it all about is it or is it a religion that they have is the god that they're chasing is the virus that's taken over them. and what is this visceral fear that emerges as soon as growth starts to go away. and exertion of one of congress garnished gave the whale to be definitive don't mention the lives you didn't talk vacs storm in the last. fall to go back soon style gets built up stocks diminished by new and seemingly as he argues go to outfox them and what is being that which is the politics fast senior from the axles to but women and and because of. the d.m.z. politique we can come. that said the tuesday will veil on a bit of a fickle. isil and his mention of these blarney and keep to do with mizuho visit is bucks to him. how does fail each one of in the back off. where does this unshakable belief in economic growth come from. hasn't always been there. is a drearily part of human nature. it was raw dat

we often hear gross national products discussed. when we compare the growth in this administration to that of the previous administration, there was a total growth of 11% and in thisears administration there has been a total growth of 19% over seven years. that shows there has been more growth in this administration than in its predecessor. let's put it in terms of the average family. what has happened to you? we find that your rages -- wages muchone up five times as in the eisenhower administration than it did in the truman administration. payind that the prices you when of five times as much in the truman administration than they did in the eisenhower administration. what is the net result? this means that the average family income went up 15% in the eisenhower years as against 2% in the truman years. this is not standing still. but good as this record is, may i emphasize it is not enough. a record is never something to stand on, it's something to build on. in building on this record i we know the way to progress. , our ownirst of

partnership and cooperation is grappling with the harshest sanctions in history imposed in blatant and gross violation of the charter of the united nations, international agreements and security council resolution 2231. ladies, gentlemen, the footage broadcast to the world concerning the treatment of an african-american by the us police is reminiscent of our own experience. we instantly recognize the feet kneeling on the neck as the feet of arrogance on the neck of independent nations. for decades the valiant iranian nation has paid a similar high price for its quest to freedom and liberation from domination and despotism. however, the iranian nation has not only resisted the pressure, but flourished and advanced while persistently pursuing its historical and civilizational wall as the axis of peace and stability, the harbinger of dialogue and tolerance and the champion of the fight against k on british occupation and extremism. we stood with the people of afghanistan against soviet occupiers, domestic warlords, extremists, al qaeda terrorists, the american occupiers. and we played a pivotal

you were looking at this from the outside you would really wonder what was going on but what is this gross is a religion that they have an in-depth exploration of global capitalism and our obsession with economic drug this is still the center of capitalism there is no limits i view myself as a capital artist when the trying to pay for the well smaller and smaller we don't want to be set realistic in the world we would rather have a fantasy growing pains on al-jazeera. on mexico's busy roads there are those who've had enough. cyclists are taking to the streets. last. their objective to make the streets safer alternative clean up forms of transportation but when it proved to be an uphill struggle for they scoop of activists over the wheel do you find that on al-jazeera. hello i'm daryn jordan in doha with a quick reminder the top stories here on al-jazeera president trump is threatening to cut funding to cities that he says allows anarchy and violence he's requested a review of portland seattle new york and washington d.c. they all have democratic mayors and have been protests against racism

so as we form this year, one of the things we continue to stress to the restaurants who are on the gross receipts is that their -- their assessments will be very, very little next year, and because it's based on gross receipts, we are planning for this, and we have contingency to operate on the management plan in the event we plan on and those receipts being very low next year. our c.b.d. is the only c.b.d. in the entire city that has the capability of increasing our revenue by partnering with the business and increasing their revenue. so we can actually increase our revenue by actually making our businesses more successful, so i look at that as a huge partnership opportunity for us moving forward down the road. so next slide, please. so marketing for the next 15 years, we're tuning that down to 45% of the budget, roughly 45,000, again, that's an estimate, and we hope to grow that, making our businesses pe portside more successful. next slide. administration, so in the past, we have had a part-time marketing director in conjunction with the landryside c. c.b.d. budget, we plan on having

-lemonis: okay. $167,000 of sales, $68,000 gross profit. so what are your monthly expenses?rdano: $2,800 for rent. it's about $1,700 a month for employees. say another $250 to web services like shopify and all that other stuff. lemonis: business has around $57,000 in operating expenses for the year, $68,000 gross profit. if you're left with $11,000 a year, and you have $56,000 of debt... giordano: how do you pay that back? lemonis: how do you pay it back? giordano: how do you pay that back? lemonis: and how do you buy new inventory? and understand the fact that your friend has funded your business and the fact that your girlfriend is funding your lifestyle... giordano: yes. i'm willing to change it, get the business healthy, and grow the business where it should be. lemonis: what if you go through the sidewalk sale process... giordano: i don't know -- look, i've never had a sidewalk sale, so i don't know if that's the right way. lemonis: i want to prove to you that you can do it on your own. you are capable. anybody that has the guts to start a brand and put their ass on the

we heard from bill gross yesterday and we heard from ray dalio as well.hat of these traits do you like out of all of that? is this a time to stock up on say, or tech, as some is it more of a defensive trade ahead of the fed? longer term than just positioning ahead of the fed, but frankly, when you look at what the fed came out with in august already, i can imagine they're going to come out with that meaning you policies. so there's a question about forward guidance, but the reality is we already know interest rates are not going to go for a long time. when it gets projections into 2023, that might show us, until that point we've had positions into 2022. we still think that equity markets can continue to move higher we have some gold in our portfolio. trying to understand how does the fed deliver -- my question to you or markets, if we believe will get more of the same, what does that do to the spreads? you talk about high-yield and investment-grade spreads almost normalized. is there further contraction to come in that trade? i think there's potential for

in the 2nd quarter japan's gross domestic product dropped by almost a 3rd private consumption a pillar of the economy worth about half of its g.d.p. fell by 8 percent experts were down by almost a 5th. experts are not expecting new economic ideas from your sheehy disregard he has already announced he would stand by his predecessors concept of aba nomics which has loosened monetary policy and fiscal stimulus through government spending . in the midst of the corona crisis the economic situation around the world is dire the results over the may june period are the worst since the end of world war 2 what should be done about it what to do in this context it is of course a question of helping the economy in death. the government must do everything in this regard so that the citizens resume normal daily life as quickly as possible. into my ear. where their policy might be identical their story couldn't be more different. the are there was born into a political dynasty his successor sukkos the son of strawberry farmers and worked in a cardboard factory to pay for his law degree. is known to b

economic cooperation and development has softened earlier predictions of a deep decline in the world's gross domestic product saying it won't be as bad as expected although still significant but some countries stand to suffer worse than others like south africa fair economic hardship has said undertakers to the streets . despite their cheer undertakers are striking amid the harsh reality of south africa's economic hardship battered by the coronavirus and crippled by national lockdowns growth is expected to shrink by 11.5 percent no o.e.c.d. countries will be hit harder and their chances of extra help are slim a mother who didn't get any relief funding is undertaker's were also frontline workers we're putting our lives at risk each and every day because we're dealing with dead people. who go to paris based watchdog says the recovery is underway but the road is fraught with risks. we are going through the deepest recession since the 2nd world war and the outlook is really surrounded by the uncertainty that's been creating by the virus so yes this is a very tough bear but i think there is still

the largest economic shock the world has experienced in decades the world bank predicts world the gross domestic product will fall 5.2 percent this year they recommend governments focus on strengthening health services and providing financial support to the private sector and citizens. but that's harder to do in some places than others the coronavirus has thrown africa into its worst economic crisis in decades the streams of revenue like raw materials and tourism have dried up along with the foreign currency that would have been generated as a result many african economies that burdens are bulging. economies across sub-saharan africa struggling to cope with the fallout from the pandemic some like kenya and tanzania have been hit hard by the collapse of the tourism industry oil rich angola and nigeria meanwhile losing revenue as exports to indulge you to record low prices debt loads in some sub-saharan countries are expanding so rapidly that they're becoming unmanageable the percentage of government expenditure that goes towards paying interest on loans has risen to more than 15 percent

economic cooperation and development has softened earlier predictions of a deep decline in the world's gross domestic product saying it won't be as bad as expected although still significant but some countries stand to suffer worse than others like south africa up the air economic hardship has said undertakers to the streets. despite their chief undertakers are striking amid the harsh reality of south africa's economic hardship battered by the coronavirus and crippled by national lockdowns growth is expected to shrink by 11.5 percent no o.e.c.d. country will be hit harder and their chances of extra help us slim a mother if we didn't get any relief funding is undertaken we're also frontline workers we're putting our lives at risk each and every day because we're dealing with dead people. who go to paris based watchdog says the recovery is underway but the road is fraught with risks. we are going through the deepest recession since the 2nd world war and the outlook is really surrounded by the uncertainty that's been creating by the virus so yes this is a very tough bear but i think there is st

the largest economic shock the world has experienced in decades the world bank predicts world the gross domestic product will fall 5.2 percent this year they recommend governments focus on strengthening health services and providing financial support to the private sector and citizens. but that's harder to do in some places than others the coronavirus has thrown africa into its worst economic crisis in decades key streams of revenue like raw materials and tourism have dried up along with the foreign currency that would have been generated as a result many african economies that burdens are bulging. economies across sub-saharan africa struggling to cope with the fallout from the pandemic some like kenya and tanzania have been hit hard by the collapse of the tourism industry oil rich angola and nigeria meanwhile losing revenue as exports to indulge you to record low prices debt loads in some sub-saharan countries are expanding so rapidly that they're becoming unmanageable the percentage of government expenditure that goes towards paying interest on loans has risen to more than 15 percent

as an appropriations subcommittee chair i feel compelled to call out this gross dereliction of duty. a c.r. is obviously not ideal. but the bill before us today keeps government functioning and includes fixes to facilitate coronavirus relief which we should have done completely separately and more significantly. the bill allows the small business administration to continue to process disaster loans char lifeline for many struggling small businesses. it allow feese ma access to f.y. 2021 funding to allow them to respond to emergencies and natural disasters. i'm particularly proud we crinest -- increased funding for the veterans health record modernization to support increased deployments of modernization planned sites ensuring the modernization remains on time and on budget. it prevents employees from being furloughed to allow the agency to continue doing its job, adjudicating video is as and citizenship even if that job is hindered by president trump. democrats also worked hard all day today in order to secure $8 billion in sy vital funding for nutrition assistance. it is absurd that

and this is not a covid thing, those things are just gross. anyway, on tonight's show, donald trump divorces half the country. bill barr says slavery is back, and the coronavirus is getting its own award show. so let's do this, people. welcome to "the daily social distancing show. >> from trevor's couch in new york city to your couch somewhere in the world, this is "the daily social distancing show with trevor noah. ♪ ♪ >> trevor: let's kick things off in barbados, the place with a rich beautiful history you probably won't see because it's outside the sandals resort. although the caribbean island obtained about in 1956, the queen of england is still officially head of state but that's abto change. >> queen elizabeth is to be removed as head of state in barbados. the island's governor general says the time has come to leave the colonial past behind. it will be the first time in three decades the monarch has been removed. the queen is head of state in more than a dozen countries formally under british rule including australia, canada and jamaica

state department and found to be a gross exaggeration. a gross exaggeration. during the spanish/american war in 18 i798, creelman claimed th he led a climactic charge of u.s. forces, head of the charge of forces against a spanish position near santiago near cuba and he claimed he was the guy leading the way. an account that nobody really embraced. but nonetheless is emblematic of his tendency to exaggerate, his embrace of hyperbole. he was pompous, this guy, james creelman. one of his specialties was interviewing prominent people. the pope, heads of state, european royalty. and often in these interviews his writeups, they were not q&a, but it was a long lengthy account of the interview in which creelman would talk more about himself than about the subjects of his interview. in 1897, january 1897, when this exchange between remington and hearst would have taken place, creelman is not with remington. he is not with hearst in new york city. creelman is in spain. he's in madrid on a -- on assignment for the flrk journal. that tells us he could not have learned abo

bill gross was saying it's time to get defensive. about the me, think asian model. discount future dividends, some discount factor. we are told now that the discount factor is not just zero. it will be zero for a very long time. in the world where money is really free and expected to stay free for a long time, you have to buy high duration, high-growth assets. to answer your question, valuation begins to matter when rates start going up seriously. not five or 10 basis points. interest rates going up 4%. then you start worrying about valuation. how weit's interesting now qualify what is serious rate hike might be. had was 25te hike we basis points. my gosh! 50 basis points, i'm having a panic. 75 basis points, we implode. our perception of normalization is completely different. what is the ability of the equity market to continue higher if bond yields get back towards 1% on a recovery narrative? does it dislocate the equity story at all? i will throw it back to you. dollar futures are discounted now. interest rates are going up 1% in about nine years. i think that's