gupta, that are here today, his wife, doctor sima gupta who currently serves as a doctor at the va and twin boys, i've known these boys since they were babies and watched them grow. the accomplishment, they've both completed undergraduate degrees at yale. they both are at harvard now, one in law, and one in medicine. now, i think that says everything you need to know about dr. gupta. first of all, to have such an accomplished family, and as a father and a husband. dr. gupta currently serves as a chief medical and health officer and senior vice-president at march of dimes and chief's office overseeing the research in global health portfolio. clinical professor at georgetown school of medicine. adjunct professor in health policy management leadership in the school of public health at west virginia university and visiting faculty at harvard th school of public health. i'm proud that another west virginian has been nominate today serve the american people and i have no.that dr. gupta will be a director. as a long time resident of our home state of west virginia, dr. gupta served as health

vin gupta dr.in gupta, the testimony that we heard, from gabe gutierrez, i don't think a lot of viewers here we are in a position where they chose not to get the vaccine. does that help? this hearing from people who were anti-vaxxers, who wish they had gotten the vaccine, do you think that change peoples minds? >> i have personally seen it. i have talked into the hawks, mariners, acquaintances in the reserves, a lot of people have questions. and a lot of people are confused by mixed messaging from our highest health officials. when they hear stories that is what they need, ali velshi. and for the longest time we thought it was grandma and grandpa who is going to be end up in the icu, now they realize when they see that 24-year-olds, that threat perception is vital. dr. vin gupta has agreed to stay with us, up next a lifesaving process that is the last hope for many people in an icu with covid. why hospitals need that equipment and staff. equipment and staff. hey, i just got a text from my sister. y

i am ritika gupta. this is bloomberg. ♪ itika gupta.his is bloomberg. ♪ >> we succeeded in what we set out to do in afghanistan over a decade ago, and we stayed for another decade. it was time to end this war. jonathan: the president of the united states with what many has described as his most forceful address to date. from new york city this morning, good morning. alongside tom keene and lisa abramowicz, i am jonathan ferro on s&p, we advance .33% after closing out the month of august. in the bond market, yields are little bit higher, but half a basis point, 1.30. payrolls report coming out this friday. before we get there, u.s. dollar 1.1821. the isc members as well -- the ism numbers as well. tom: how big are the ism numbers? jonathan: high-frequency data, so to speak. the monthly data i think is important, tom coming to get a read, not just for the united states but also the pmi out of your band china. the nonmanufacturing pmi out of china, service is starting to slow down. tom: e.m. tensions are tangible out there. we have damien

i ritika gupta. this is bloomberg. ♪ es. i ritika gupta.s is bloomberg. ♪ >> i think it is clear we made substantial further progress on achieving our inflation goal. this also been good progress towards maximum employment. we continued to improve moderation in the pace of asset purchases. jonathan: boilerplate stuff from john williams, the new york fed president. good morning. tom keene, lisa abramowicz, jonathan ferro. equity futures down 37. yields are higher by five basis points to 1.54%. crude is positive, stronger to $76.26. euro-dollar -0.1%. a cyclical twist to this market in the last several days. tom: i like that phrase. i think that is very accurate. nasdaq 1.54% of the negative as well. you wonder where it will settle. jon, 1.5 4% is unimaginable months ago. the bulls are sort of like, whatever. jonathan: i think price sets narrative. last monday, what were we talking about? we are staring down the barrel of $76 crude. tom: for all you that are not part of global wall street, this has been hugely anticipated, what will happen wi

i'm ritika gupta.omberg has learned house democrats are set to propose raising the top corporate tax rate to 26.5 percent, less than what president biden was asking for to help pay for his 3.5 trillion dollar economic agenda. the rent rate is 21%. top rate on capital gains would rise from 20% to 25%, again less than what the president wanted. another sign north korea is trying to increase its capability for nuclear strikes against south korea and japan. kim jong-un's regime announced that it testfired a new model of long-range cruise missiles over the weekend, the first known missile test in north korea since march, days after north korea staged its immersed for literary -- its first military parade since joe biden became president. the foreign ministry says president biden should upholds the spirit of the phone call he had last week with president xi jinping come on a report that the u.s. was considering a new investigation into chinese industrial subsidies. tote is looking to raise in an ipo that wou

i am ritika gupta.hose in california have overwhelmingly rejected the call to recall gavin newsom. two thirds voted no whether he should be removed from office, a major win for democratic leaders characterizing -- kim jong-un's regime fired two ballistic missiles that felled -- landed off the east coast. they could hit south korea and japan. president biden had an idea with a meeting with xi jinping but president xi declined. he has not left china in more than 600 days. the u.s. justice department asked for an emergency court reporter to restrict an antiabortion law in texas, likely to reach all the way to the supreme court. it outlaws almost all abortions after six weeks of pregnancy. that is the top business call in the u.s., putting to "businessweek." they have been highest when it comes to networking entrepreneurship. harvard in third. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am ritika gupta. this

i am ritika gupta. formal announcement will come in november. interest rates near zero through 2022. market anxiety caused by a debt crisis. the people's bank of china has injected money into the financial system. the most since february. another sign kim jong-un is removing constraints from his weapons program. the report said it has been expanded in recent weeks. down .9% from july. supply disruptions in the u.k. are taking a toll. invesco is a major player. it could become a behemoth. discussions indicate passive investing is the future. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i am ritika gupta. this is bloomberg. ♪ >> there is no regional divide separating the interest of our atlantic and pacific partners. this partnership with australia and the united kingdom is a signal we are committed to working with our allies and partners, including in europe. we look forward to cooperation with nato, the europe

gupta. >> thanks for having me. >>> all right. we'll be right back.y with us. >>> one last piece of news to share before we go tonight. you know how we were in a really big fight with france and france was really mad at us? that is apparently all better now, maybe not all better, but the fight is over. french president emmanuel macron agreed today after speaking with president biden that france will unrecall their ambassador to the u.s. and send the ambassador back to washington. the fight was over a nuclear submarine deal that the u.s. government made with australia in which france basically felt like the u.s. had stolen that deal from them. after getting very mad and recalling their ambassador, today there was a phone call between president biden and president biden macron. it apparently lasted about a half hour. at the end of it the two presidents seemed to have patched things up. the ambassador is coming back. they announced plans the two presidents will meet in person next month. weird, right? president gets on the phone with another world leader

ritika: with the first word news, i'm ritika gupta.ressure mounting on congressional democrats to raise the debt limit and avoid crippling default. senate republicans have blocked the bill that would suspend the debt ceiling into december 2022. democrats have offered no immediate backup plan. oil has broken through the $80 a barrel barrier. the median crude benchmark rose to the highest since 2018. there are signs that demand is running ahead of supply and there have been a slurry of british price productions from traders and sellers. >> where is that hurdle rate? august, we are over $80 a barrel this morning on a branch basis, and we look at the rig count in the u.s. and other parts of the world, they are showing you $80 a barrel is simply not enough. ritika: goldman saying prices could hit $90 a barrel this year. the minimum is required to hold by law more money from the sales group -- stated by the tsunami in 2011. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in mo

i am ritika gupta.is bloomberg. ♪ >> if we move slowly -- if the fed moves quickly and if germany or the ecb starts to taper quickly and clamp down on the stimulus, then we will probably see lower longer term. tom: jones, there is no coupon, takeaway inflation there is no real yield. stay with us for the jobs report. claims tomorrow. jobs report on friday. to continue our discussion for central asia, robert hormats joins us. a cross party public service to this nation working with secretary clinton, but longbow and faraway away working for others and driving 148 miles from kabul to the khyber pass. one of the few people with real boots on the ground experience over there. how does the united states now manage the western pakistan tribal regions? how does the united states manage a new relationship with pakistan? robert: it is going to be a challenge because we have seen the taliban as our enemy for so long. now we find we are working with them to help get people out of the country. i suspect over time w

i'm ritika gupta.capitol hill, democrats have had a wall in their effort to avoid government shutdown, a debt default, and advance president biden's agenda. time is running out for funding the government and praising the debt ceiling. in japan, fumio kishida is set to become the next prime minister. the former foreign minister won the leadership of the party. he will place a test of broader appeal and election. the largest maker of u.s. memory chips is falling, micron. micron is coming off a record year, but it's sales forecast the period ended in miss estimates that in missed estimates. netflix has bought night school studio for an undisclosed amount. the company is best known for his debut title, the supernatural mystery adventure "oxenfree." netflix plans to make games part of its subscription service with no added fees or in-app purchases. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. t

gupta. >> thanks for having me. >>> all right. we'll be right back.day pain relief. aleve it, and see what's possible. when i get a migraine, i shut out the world. but with nurtec odt that's all behind me now. nurtec can now treat and prevent migraines. don't take if allergic to nurtec. the most common side effects were nausea, stomach pain, and indigestion. ask your doctor about nurtec today. tonight... i'll be eating a buffalo chicken panini with extra hot sauce. tonight... i'll be eating salmon sushi with a japanese jiggly cheesecake. jolly good fire nas... yeah? spare a pound? what? you know, bones, shillings, lolly? lolly? bangers and mash? i'm... i'm sorry? i don't have any money. you don't look broke... my rocket is skint! with relapsing forms of ms... there's a lot to deal with. not just unpredictable relapses. all these other things too. it can all add up. kesimpta is a once-monthly at-home injection... that may help you put these rms challenges in their place. kesimpta was proven superior at reducing the rate of relapses, active lesions, and

gupta.rs who after them care for patients because you literally have -- and we're seeing more and more people that are pushing and, i can't believe that they're not getting paid and somehow making money on it -- pushing ivermectin. like this is the new symbol that you're in the club. that you're part of the team. that your pushing this thing and still turning of people away from getting the vaccine. and it's leaving people like you, but also politicians. here is governor jim justice of weapon for junior. going after anti-vaxxers. take a listen. ke a listen. >> for god sakes of living. how difficult is this to understand. why in the world do we have to come up with these crazy ideas? and they're crazy ideas. the vaccine has something in it and it's tracing people wherever they go. and the same very people that are saying that are carrying their cellphones around. >> no kidding. how do you deal with the misinformation while also trying to deal with the health care, dr. gupta? >> you're muted.

i'm ritika gupta. democrats have hit a wall in their attempt to avoid a government shutdown, avoid debt default, and advanced president biden's economic agenda. meanwhile, time is running out for funding the government and raising the debt ceiling. japan, the former foreign minister won the leadership of the country's ruling party and is expected to be named to succeed outgoing prime minister yoshihide suga. he has promised tens of trillions of yen and spending. he will face an immediate test of his broader appeal in a general election that must be held by november. one of spain's canary islands, lava that erupted 90 is ago is flowing into the ocean and large clouds of steam could be seen drifting into the air. the temperature of the lava is estimated at 800 degrees fahrenheit. residents are being warned to stay indoors because of the risk of toxic gas. netflix acquired its first videogame developer. the company is best known for its debut title. netflix plans to make games part of its subscription wit

i am ritika gupta. this is bloomberg. ♪ ika gupta.. ♪ >> getting the whole world vaccinated is not just an altruistic effort, it is strategic. if we want to stop variance development, not just in this country but around the world, where we have the uncontrolled transmission, that is will you -- where you will see new variants. a variant anywhere in the world can be anywhere at all. jon: from new york city this morning, good morning alongside tom keene and kailey leinz, i'm jonathan ferro. here is the bounce back in your markets. equities are firmer, higher on the s&p 500, advancing .8%. this is a turnaround, basically turned upside down. same in the bond market, yields higher, lower yesterday. as we kick off a two day meeting for the federal reserve, tom keene in greenwich, connecticut. i have so much runway to play here. can we take this shot again? it is beautiful of tom malone at a table for two. you know that -- tom alone at a table for two. remember that song, if we could play that going into commercial break, that would be beaut

i'm ritika gupta.s may be the start of a new era and human spaceflight. elon musk's spacex has launched four civilians into orbit. it has been reported that -- is paying $2 million for the flight and also donating $2 million to charity. the latest cruise missiles tested by north korea were fired by a train, according to the country's official new tendency -- official news agency. they suggest that kim jong-un has a new option for attacks against u.s. allies in the region. there is continued squabbling between the democratic already's progressive and moderate wings asked democratic party's progressive -- democratic party'ss progressive and moderate wings. the push for $15 an hour federal minimum wage may have stalled in congress, but the tight u.s. labor market is making $15 the de facto minimum these days. an analysis of jobs posted from spring 2019 to spring 2021 show that many service sector industries crossed the $15 threshold. the risk of battery fires has general motors playing it safe to get gm h

i am ritika gupta.he european central bank is deciding today whether the economy is strong enough to start slowing down stimulus. policymakers are due to settle on how much bond buying the economy will need in the fourth quarter. data points to an improving rebound in the u.n.. that despite the delta variant and supply chain problems. german prosecutors right at the finance and justice ministry today. an investigation into whether officials at an anti-money-laundering unit failed to handle cases correctly. the case is centered on warnings that banks warned the financial intelligence unit. in china, inflation levels at the factory level has seen a 10 year high. it rose 9.5% in august from a year earlier driven mainly by high prices were commodities come out put prices in the coal industry, up 57% from a year ago. the biden administration reportedly is trying to sue texas for the controversial abortion law. it is one of the most restrictive in the nation. a lawsuit would set off a federal state clash at a

i'm ritika gupta. this is bloomberg. ♪ rep.osi: i spent a good deal of time in the meeting talking about the debt ceiling because we have to get that done. it would be $15 trillion in household elf that would go down the drain. unemployment would go up to 9%. the president is negotiating. we are hoping we can come to a place. it is not about a dollar amount. jonathan: speaker pelosi on the effort down in washington. from new york this morning, good morning. your equity market up 19 on the s&p, two hours away from the opening bell, the final trading day of q3. we advanced 0.4 percent. yields are higher by a basis point to 1.53%. euro-dollar, $1.1573, -0.2%. as always, the focus seems to be on the democrat from west virginia, joe manchin. senator manchin said, let's look and see. i'm concerned about inflation. tom: there it is. i really wonder how many people around him are supporting his efforts. annmarie hordern is in washington, joining us right now. we talked to jack fitzpatrick about the philosophical stuff going on. let's g

gupta, should the -- in your estimation, should the u.s.ncerned about vaccination rates in their own countries, or how far behind are they? what are you seeing? your colleagues, in terms of where things stand globally? >> you know, jonathan, i would say most people think that the risk of the unvaccinated to all of us is almost tantamount to the risk of keeping 80% of the world unvaccinated. the two are equivalent risks for different reasons. but in part, you know, so much of this discussion is focused on supply. the u.s. needs to send more doses to pfizer and moderna and elsewhere. that's part of the solution. that's what they'll be talking about tomorrow at the u.n. general assembly. the big piece here, yesterday, for example, they're going to resume production. that's enormous for vaccine expore -- ex-portation. that's going to be the key in the medium term and also in the long term. innovations, we don't talk about this a lot, jonathan, but internasal vaccines. we developed it for the flu. imagine how easy it would be to vaccinate more p

i am ritika gupta. survey suggests the fed is moving toward scaling back. economists surveyed say a formal announcement will come in november. they predict the fed will hold interest rates near zero through 2022. china is trying to -- the quarter funding needs. china has injected cash into the financial system. the work at an enrichment facility is a sign. reports sandy enrichment plant has been expanded in recent weeks. it is the worst stretch a performance for the british retail sector in weeks. down .9% from july. that is due in part to every surgeons and coronavirus cases. -- that is down in part to a surge in coronavirus cases. one claims to be making $500,000 a year. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i am ritika gupta. this is bloomberg. ♪ >> we still have a long way to go, but i am confident congress will deliver to my desk the bipartisan infrastructure plan and the build back better plan i h

i'm ritika gupta.e than 1.5 million households in britain are being forced to switch energy suppliers after two more retailers collapsed as prices soar. that brings the tally of firms going out of business to seven since early august. the u.k.'s business secretary said earlier this week that more companies would be in trouble as capped retail prices fail to cover costs. japanese prime minister yoshihide suga is warning about china's growing military influence ahead of the first in-person meeting at the so-called quad group. they told bloomberg the changing power balance in the end of threat to japanese prosperity. they join leaders at the white house tomorrow. aging said the group is engaged in cold war. the total hit to revenue this year for the world carmakers is estimated at $210 billion. that's the latest dire forecast from alixpartners, which says the industry will build 7.7 million fewer vehicles in 2021 due to the chip crisis. semiconductor availability worsen as carmakers exhaust stockpiles and

i'm ritika gupta.his is bloomberg. ♪ >> for a long time this economy has worked great for those at the top. while ordinary hard-working americans, the people that built this country has been cut out of the deal. i have said this from the time i announced i was going to run, this is a moment for great change, and this is our moment to get working people back into the economy. jonathan: from new york city this morning, good morning, alongside tom keene and lisa abramowicz. i jonathan ferro . to the equity market, we are down five points on the s&p. there has been a story to this week where the highs of the session have come early and then we sold them at the open. we will see what happens around the opening bell. in the fx market -- i assume you are on radio too. the euro is stronger by a 10th of 1%. in the commodities, we are down. very excited to catch up with daniel yergin later this hour. tom: we will get you out front of the sunday talk shows. henrietta, good morning. i want to know the path after t

doctor vin gupta is a critical care of pulmonologist, who you have seen before on the show, and otherhington state. tonight he is going to join us from ohio, where he is on duty with the u.s. air forces, in his capacity as an icu doctor for the critical care air transport team for covid response. these critical care air transport team, create and operate a portable icu for use on airplanes so they can deliver care at 35,000 feet while transporting ill patients from point a to point b. these transport teams are an amazing thing that the u.s. military does, and they were created, but they were meant for was to transport critically wounded soldiers from places like bagram in afghanistan to germany, the u.s. military hospitals elsewhere, and then on to walter reed, and the united states. covid has changed that focus and now those skills and that equipment and teams are being used to move critically ill covid patients around the country. earlier today, dr. gupta posted this picture of himself and his colleagues in front of one of the military planes that is being used to transport patients

sanjay gupta's special report sunday night at 8:00 p.m. the source. sanjay looks at the leading theories and talks to scientists who spent decades studying viruses to try to uncover what's known about the origins of the virus that launched this global pandemic and changed our lives forever. again, that's 8:00 p.m. eastern, sunday night, right here on cnn. news continues. want to hand it over to chris for cro"cuomo prime time." >>> we just got new information. tonight, we are being haunted by the unknown. and we have a big development in the case of that missing new york woman, gabby petito. at this hour, according to police and according to an attorney for the fiance's family, they don't know where gabby petito's fiance now is, brian laundrie. they don't know where he is. we have the developments, and we will get to the police. and we will piece together where we are now and what this could

i'm ritika gupta. this is bloomberg. ♪ i'm ritika gupta.s is bloomberg. ♪ ♪ >> we've been seeing this steady drift of ip and production racing for the lowest tax jurisdictions around the world. there is nothing economically efficient about that. so i think that the core values the president has put forward is reversed the negative impacts of the trump tax cuts and get this corporate tax reform right so that we are encouraging more incentives to invest here directly. jonathan: brandy's of the white house national economic -- brian deese of the white house national economic council. tom: i actually had to read this one twice because it makes no sense soever. i don't know how you affect the mystic tax law -- affect domestic tax law to change global tax flows of many different units, many different countries. it doesn't make sense. jonathan: you need alice to come with you. tom: exactly -- allies to come with you. jonathan: exactly. lisa: nobody can get on the same page with this. president biden is facing opposition every way he looks within h

i am ritika gupta.is bloomberg. ♪ >> revenue growth has been fantastic because of a generational shift. at the dust settles into next year i think it will be a focus based on which business -- who has the pricing power, who can hire the best labor, and who has more diversified supply chains? tom: the gentleman from south africa has always be holy -- has always folded the behavior of management into who will prosper in the stock market. this is a treat for lisa abramowicz and myself. it is nudge, the final edition. it gets thicker. richard thaler said we have to do it. cass sunstein and richard thaler, we are thrilled to bring you the laureate from chicago. i want to take nudge and your work to this baseball season. the cubs are in disarray. the san francisco giants are ascendant, and the gentleman that has driven forward the san francisco giants experiment is a berkeley thalerite. tell us how the judge in the behavioral economics folds into the success of the san francisco giants. richard: moneyball is

gupta. >> thanks, don. anytime for you, sir.ney spears' legal battle with her family. her father tonight apparently agreeing to end her 13-year conservatorship. you have always loved vicks vapors. and now you'll really love new vicks' vapostick. it goes on clear and dries quickly. no mess. just the soothing vicks' vapor for the whole family. introducing new vicks vapostick. is struggling to manage your type 2 diabetes knocking you out of your zone? lowering your a1c with once-weekly ozempic® can help you get back in it. oh, oh, oh, ozempic®! my zone... lowering my a1c, cv risk, and losing some weight... now, back to the game! ozempic® is proven to lower a1c. most people who took ozempic® reached an a1c under 7 and maintained it. and you may lose weight. adults lost on average up to 12 pounds. in adults also with known heart disease, ozempic® lowers the risk of major cardiovascular events such as heart attack, stroke, or death. ozempic® helped me get back in my type 2 diabetes zone. ozempic® isn't for people with type 1 diabetes.

i am ritika gupta.his is bloomberg. ♪ >> this is a very strong labor market, good recovery, and is no more room to go? sure. that is some of the points that many of the more dovish members have been highlighting, and that is i think the broader takeaway is that the reopening is happening. jonathan: that was that takeaway after the report on friday. jeff rosenberg of blackrock. good morning. here is your equity market. i am jonathan ferro. tom keene will be back in couple of days. the s&p market is up 2%. at the bigger move is in the bond market. yields are higher by four basis point come and yields are higher on the curb, a little bit steeper and we have a ton of job openings in the united states. they say, north of 10 million. there is a believe that they will stay open and eventually get filled maybe later this year and into next year as well. that that supply will finally meet the demand. what happens if actually the job openings just are too close and not because someone turned up? lisa: that is the

i am ritika gupta. this is bloomberg.sident biden needs democrats in congress to give him a political boost by passing what could be $4 trillion in his economic agenda. there are deepening divisions in the party. that threatens chances of it happening anytime soon. here to talk about the challenges ahead, the director of economic policy research. i am curious of this two-pronged approach. does that still feel like the right way to go for you? >> thanks for having me. i think the biden administration made a decision at the beginning of this year to bifurcate the hard infrastructure from human infrastructure. when they did that, it became clear to those that were listening closely, democrats on capitol hill, they don't necessarily have the votes for the human infrastructure component. they have the votes for $550 billion in additional infrastructure eight. it is no surprise they moved on the hard infrastructure bill first. we saw it passed with 69 votes in the senate a month ago. that bill is going to pass in the house. the

gupta. have we lost your audio?cern here is if you want care you may not be able to access it across the country given staffing shortages in hospital across the country. >> dr. gupta, what about the fact that they've now acknowledged that 15 million doses of vaccines were wasted? how can we explain that? >> i think this is to be expected. unfortunately, we have multiple vaccine doses -- the -- we have this one dose per vial and 15 doses in some cases, and we lost 15 million doses of the 440 million administered. this is, unfortunately, to be expected given the way we're distributing the vaccine. >> all concerning especially considering the needs around the world. thank you so very much, dr. ben gupta. apologies for the confusion there on the audio. in just a few moments we will hear from defense secretary lloyd austin and the chairman of the joint chiefs general mark milley. the president standing by his decision to end america's longest war defiantly. what's the political impact on the president? stay with us. this

i'm ritika gupta.ew data suggests a booster dose of johnson & johnson's vaccine increases the potency of. the one-time shot. the booster was -- potency of the one-time shot. the booster was 100% effective. the shot led to a 12 fold increase in production of antibodies when it was given six months after the first one. in canada, prime minister justin trudeau won the election, but fell short of a parliament tree majority. boris johnson says president biden has too many domestic priorities to find time to negotiate a trade deal with the u.k. the two leaders meet today in washington. johnson says he would rather have a good deal than a quick one. uber may be about to report it's pursed -- it's first profit. the company said adjusted earnings in the fourth quarter could range from flat to $100 million. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. ♪ >> the federal reserve cert

gupta. i don't know if you feel like that is a fair assessment of where we are because i reached the point where i think it's kind of impossible to argue people into saving their own lives and we just kind of have to figure out how we live with this kind of two americas where it's just a part of the country that's largely regional that will just continue to kind of be a covid hell scape for folks and part of the country like the northeast, like new england where they're kind of getting their normal lives back and california and places like that. >> joy, good evening. great to see you. here is what i'll say because we're moving across the country and military and reserve side and civilian docs because if there is a crisis in miss mismiss, it's likely impacting urban areas. what is happening in montana and idaho, even washington is impacting the city of seattle and so it's just to say we're in a case right now, you know, joy, we've talked about this future state scenario of rationing care. it'

gupta.st 93000, 331 americans in the last year alone and he was evening west virginia and of the year as a result of the efforts he has p been fighting. he isim a dedicated public servant and has served west virginia admirably throughout his time as a healthnt commissioner. i am proud to introduce him along with my colleague who strongly support his nomination to be director of omb cp we encourage colleagues on both sides to support the nomination and work with him and i look forward for you to get to know him better i guarantee it will be a pleasure thank you. >> thank you for conferring the decree on me at this hearing i definitely do not deserve an old friend of mine used to say i miss the dean's list by two grades. a and b. [laughter] i thank you senator durbin and ranking member grassley to talk about a good friend to both of us. dr. gupta you cannot have a better nominee for omb cp i believe as the senator mentioned he is joined by his wife who was a physician at our veteran office in

i'm ritika gupta.his is bloomberg. ♪ >> the markets are going to pay much less attention to q3 results, much more attention to q4 and 2022 outlook. and yes, supply chain issues are a concern, but they are going to fade. asia is reopening. the port backlogs are going to ease. all of that stuff is temporary. it is not permanent. that provides a tailwind to the upside. jonathan: jay pelosky of tp w has a message area 2021 is over him. he's looking to 2022. good morning. your equity market up about 0.3% on the s&p, one hour and 12 minutes away from the opening bell, as we round out q3. yields are higher by a couple of basis points to 1.5358% on tens. euro-dollar, $1.1579, -0.16%. down in the sea, there's a fight. and senator manchin has this to say, "fiscal insanity." democrats fighting with them across -- with democrats. tom: henrietta treyz of veda partners joins us on the debate of the moment. we were speaking with nancy pelosi, who is steeped in her father's politics in both tomorrow. has nancy pelosi

i am ritika gupta.s is bloomberg. ♪ tom: bloomberg surveillance, futures up 16 of the inflation report. it was transitory. dow futures up 123. lisa abramowicz and tom keene. i wonder if mr. solomon at goldman sachs, the idea of the politics behind the move. it is just a cfo change at goldman sachs. lisa: goldman sachs named dennis coleman as the new financial officer as of yet -- as of next year. as you said really well, basically banks are rethinking the way they look in the years to come. the pandemic was a tipping point for a technological shift and trying to bring up some of the younger banks in a way it had not been in the past. tom: mr. coleman very much associated with united kingdom as well. also associated with us is barry ritholtz, bloomberg opinion columnist. thank you so much for joining us. housing. we needed a dishwasher. the sump pump had been used in hurricane ida. i love homeownership. is it worth it? barry: you have to live somewhere and as someone who has lived in rentals and my own h

i'm ritika gupta. this is bloomberg. ♪ >> the future of our nation and indeed the world depends on a free and open pacific flourishing in the decades ahead. this is about investing in our greatest source of strength, our alliances, and updating them to better meet the threats of today and tomorrow. jon: the president of the united states, important new partnership with australia. from new york city this morning, good morning alongside tom keene and lisa abramowicz, i'm jonathan ferro. this thursday morning, price action shaping up into retail sales and claims earlier this money. we are negative a little more than one points have -- .1%. bonds hire a single basis point higher. the story of the moment come across asset, it has to be in foreign exchange. ella stronger, weaker here. that's to 1.1770 tom: there are nuances in the strong dollar and weak euro. pacific rim is maybe what i would watch. i would also note renminbis strength and goldman sachs are with a note today speaking of men be strength -- of

i'm ritika gupta.anese prime minister yoshihide suga is warning about china's growing military influence ahead of the first in person meeting of the so-called quad group. he said the changing power balance could threaten japanese prosperity. he will doing leaders from the u.s., a straley, and india tomorrow at the white house. beijing says the quad group is engaged in cold war mentality. philippines president rodrigo duterte has signed a law taxing casinos. tax collections will be used for universal health care and to develop medical facilities. the law is also said to be part of the government efforts to regulate all forms of gambling. a wider reopening is seem to be delayed by a low vaccination rate. the department of disease control officials said the reduction in quarantine from 14 days will help boost thailand's economy and tourism. the u.s. food and drug administration has authorized a third booster dose of the pfizer vaccine for at-risk groups. that includes people over 65 and those at high risk

sanjay gupta, cnn, atlanta. >> consequences, right? consequences of a lot of people's decisions right now, it has an impact across the board. >> it is so upsetting to know that all of that could have been averted, and they're just talking about it like someone else died. it's just happening every day. it's happening multiple times a day, and not only is it affecting the people who are passing away. we think of their families, and also just thinking of the hospital staff there. we've heard this, john, from so many doctors who are talking about what their nurses are dealing with. i can't imagine the trauma that they're going through. >>> this next story has democrats saying here we go again. mitch mcconnell not ruling out blocking a potential biden supreme court pick. when did you see the sign? when i needed to jumpstart sales. build attendance for an event. help people find their way. fastsigns designed new directional signage. and got them back on track. get started at fastsigns.com. ♪ when you hear 'cough cough sneeze sneeze' ♪ it's t

here's bloomberg's ritika gupta. ritika: a similar story here.hose dip buyers back in europe, but not enough for the stock 600 to recover the losses we had seen yesterday. we see the majority of the sectors in the green. i am looking at the semis. they have been higher today, but we are seeing the s&l turning lower. they gave an upgraded sales forecast, saying by 2025, they are going to have $35 billion of sales. the kb boost to some of its peers -- that gave a boost to some of its peers. asm the top performer in the stoxx 600. look get some others, like next. they also boosted their sales and profit guidance, so that has given a boost to some of those other retailers, the likes of jd sports. as to what is moving to the downside, just a couple of sectors, but when i am looking at is the energy space. total is lower. brent is a touch softer today. i'm also looking at those utilities, down as well as that crisis continues. we just had that headline earlier that three more energy companies will be going bust. guy: it is a story that is still ongoing

ritika gupta i am -- i am ritika gupta.s is bloomberg. >> the question i get asked the most is when vaccines will be available for children under 12 and that is a question i cannot answer because we do not know the data yet for kids under 12 and hopefully we will have some of that data and the fda will be able to share it transparently. jonathan: that was joshua of johns hopkins bloomberg school of public health. good morning, alongside lisa abramowicz and kailey leinz, i am jonathan ferro. this tuesday morning, equity futures are down about two, but basically unchanged on the s&p 500. yields are higher by four basis points. that is a steeper yield curve off of the back of a downside surprise and jobs report. we started this morning having a discussion about whether we are downgrading the importance of september already. this is a quote from continental over the weekend at the munich autoshow, "the chip supply shortage and rising prices were on the automotive industry for all of 2021 and we thought q3 will be the start of t

gupta. >> thanks, don.urn in b britney spears' legal battle. her father agreeing to end her 13-year conservatorship. thanks to the cartridge-free epson ecotank printer. big ink tanks, a ridiculous amount of ink! the epson ecotank. just fill & chill. [swords clashing] - had enough? - no... arthritis. here. new aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. ww has really helped me adapt a better way of eating. i have lost 37 pounds with ww. i feel so much better in so many parts of my life. ww. weight loss that works. wellness that works. join today for 60% off at ww.com! hurry, offer ends september 7th! >>> okay, so there is a new twist in the britney spears conservatorship battle. her father jamie spears has filed a petition to end the 13-year arrangement. earlier this summer, the singer alleged conservatorship abuse sparking an outpouring of public support. let talk about this now. cnn entertainment reporter ch

gupta, thank you very much. are waiting for a recommendation from the cdc committee, and, of course, we'll bring it to you as soon as we get it. >> thanks, sanjay. >>> a divided democratic party is threatening to derail president biden's top legislative priorities all while a potential government shutdown looms. (man 1) oh, this looks like we're in a screen saver. (man 2) yeah, but we need to go higher. (man 1) higher. (man 2) definitely higher. (man 1) we're like yodeling high. [yodeling] yo-de-le-he... (man 2) hey, no. uh-uh, don't do that. (man 1) we should go even higher! (man 2) yeah, let's do it. (both) woah! (man 2) i'm good. (man 1) me, too. (man 2) mm-hm. (vo) adventure has a new look. (man 1) let's go lower. (man 2) lower, that sounds good. (vo) discover more in the all-new subaru outback wilderness. love. it's what makes subaru, subaru. in 2016, i was working at the amazon warehouse when my brother passed away. and a couple of years later, my mother passed away. after taking care of them, i knew that

i'm ritika gupta.is going on a hiring spree. it will higher 125 thousand workers for transportation and warehouse jobs in the u.s. amazon will offer average starting pay of more than $18 an hour. the company will also offer sign-on bonuses for up to $3000 in some locations. center elizabeth warren once the fed to break up -- senator elizabeth warren wants the fed to break up wells fargo. the senator says it has run out of time to fix the problems of its customers. last week, regulators fined wells fargo over its management of mortgage accounts. boeing expect mobile jetline sales to bounce back from the pandemic later this decade. that is 5.9% larger than what boeing forecast last year. still, the company warned that the recovery could come in fits and starts. that is your latest business flash. guy: let's pick up and talk more about that. thank you very much, indeed. boeing's outlook, i still slightly struggle with how you could forecast something 20 years forward. we will talk about that in the next h

i'm ritika gupta. this is bloomberg. a bit about what is going on in this space from a wider perspective. let's stick with esg. corporate america very much grappling with scrutiny of its esg efforts, increasingly turning to wall street to help furnish their credentials, yet critics say more and more companies are presenting overly polished images of their commitments and their results. we are seeing central banks around the world obviously pushing this fairly hard. they are going to be stress testing the financial institutions behind some of this debt as well. mayra rodriguez valladares, mrv associates managing principal, joins us. the fed, the ecb, other central bank's around the world have concerns about the climate risk that exists within credit markets, within financial markets. how exposed is the financial sector to climate risk, and did you think the market will really understand the risk that poses? mayra: the financial sector is incredibly exposed to climate risk, especially from the physical and the transitional

i'm ritika gupta. this is bloomberg. taylor: thank you, as always. morning, it was a bloomberg survey talking the best companies that found about half of companies in the u.s. have mandates for vaccinations, but the conditions vary widely. max nisen is with us. what are you hearing about what is out there? max: there certainly has been palpable movement in the direction of more mandates, stricter mandates. an example obviously coming today from the government for federal employees. but there is still a really large section or segment of employers that are reluctant to do a mandate in general or a strict one. that is for a lot of different reasons, but i think the big one is they are scared of alienating employees in what is a really tight labor market, and one that is tightest in the areas are there is the most need. think about nurses, teachers, places that have a lot of contact. there are a lot of job options right now. if people are reluctant to take the vaccine, the mandate could be something that drives them away. while i do think there's a very

. ♪ ritika: with the first word news, i'm ritika gupta.loomberg has learned house democrats are set to propose raising the corporate tax rate to 26.5%, less than what president biden was asking for to help pay for his 3.5 trillion dollar economic agenda. the current rate is 21%. ♪ lisa: -- for nuclear strikes against south korea and japan. it is the first known missile test in north korea since march, and it came days after north korea staged its first military parade since joe biden became president. the united nations nuclear watchdog has signaled progress in talks with iran on getting access to the country's facilities. they will replace damaged cameras and memory cards. earlier, the iea warned against provoking confrontation. a dutch court ruled that workers who drive passengers using the uber app are covered by collective labor laws. that would allow workers to claim overdue salary. uber says it will appeal. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 1

sanjay gupta is highlighting this champion for change.oey peterson. >> it was always the opiates. and then they would turn to heroin. >> a drug overdose. >> when he takes an overdose call, the usual suspect is a painkiller. many reported a surge in heroin use. so many times when we talk about the opioid crisis we talk about it in dozens of people may have overdosed in a certain city, or tens of thousands of people die from drug overdoses and we talk about it from a policy perspective. what makes this distinctive is this is an organization that recognizes not only the trauma to the individual who is dealing with substance abuse, but the whole family. >> i lost my niece a couple years ago to an overdose. i lost a brother ten years ago with complications of his addictions. >> joann peterson's family had a long and difficult history with addiction. >> i learned when my niece passed away, the most important thing to do is no matter what tell that person you love them and kind of be there for them. i have terrible guilt because in the end i rea