it isg about the yuan, continues to yuan be market-driven.ard from the state information center this morning saying they predict second half growth of 6.6% in china. -- your growth of 6.6 four-year growth of 6.6%. tom, thank you so much. the imf warning, urging action -- urgent action is needed by china. thistte has been following for us. they are worried china has to put a lot more reforms in place. the imf, the mission chief for china, was speaking on article 4 on china. phone or abilities in the economy -- vulnerabilities in the economy are rising at a dangerous trajectory. the imf did say they are confident china will rise to the challenge. yvonne: what about these shadow credit products? >> these are high yield, high risk. aboutave a yield of 11-14%. the return is high, but the risk is as well. the imf is worried defaults on these could lead to big liquidity shocks in the system. were --four japan, they four japan, they were operating on some unconventional policies. called an income policy. a lot of economists are not really a fan of th

. >> reporter: he isge matters into their own hands. >> words matter, my friends. if you're running to be president or you are president of the united states, words can have tremendous consequences. >> reporter: hillary clinton will try to shift the focus on the economy at a speech in michigan where she lands out a contrast between her plan and board wealth reduction. >> reporter: hillary clinton is dealing from e-mails as her time as secretary of state. the clinton campaign says the job seeker had nothing to do with the foundation. >>> here in colorado republican senate candidate darryl glenn is also putting blame on the president. glenn says the president is to blame shooting at the nightclub in orlando. his comment came during a june forum for republican women in douglas county at the time he claimed the president prevented investigators from arresting the gunmen before the shootings. >> the president should be held accountable for that. if he gave direction that limited the fbi. >> his campaign did not deny the recordings authenticity but pivoted to the attack

after the game, lucas isg# sayi. >> i wouldn't see this.çfortunately. i wasn't able to get on a few pitches today that kind of, you know, lost it and stuff. heç made it look forward today: and. >> it's starter baltimore 27 runs giving it up against yankees in the first two games and he stepped up bigstime. nine strike outs over seven innings, huge start for him today. took a while for the offense to get going,ç right now baltimore still in possession of the wild card s spot. >> he answered me. early in the game and he answered'=ñe with this, he was like. >> yeah. >> i'm okay. and that news was confirmed this weekend with mri. thatç tweet apparently is mino injury, still waiting for a timetable on his return. nfl is in action.zv sell out crowd of 66,000 plus for this preseason game. it was first game, brand new usa stadium against minneapolis. hands off on wisconsin, that's a a 7-6 lead, back come the vikings teddy bridgewater, just over a minute to go before the half. he hooks up and kyle moves off,ç 27-yard touchdown, 12 of 16, 161 yard

. >> a lot of people have been talking about isg topeakina psychologist today about this case to try to gain some perspective into this. newschannel8's jamel lanee is joining us live from pinellas county. a lot of people absolutely stunned when they hear this story on so many levels. what are doctors saying about it though? >> reporter: well, jen this story. the psychologist i spoke to tells me that basically, that this could have been a post partum depression. and as for the six-year-old, they say that it could be a while before they learn what was the insight to why he did what he did. obviously, he will have to go through some counseling. partum depression could have played a part in this. mothers going through this have signs of depression, basically, disconnected from the family and sometimes not wanting to be around their children. and as for the woman's son, possibly, why he did this, she said well, again, maybe he would have seen something or maybe he had some he was trying to get out. he would have to undergo counseling to have the information given out or given to doctors.

this surveillance video the "daily mail" obtained is also isg questions. it shows the athletes arriving at the olympic village around 7 a.m. sunday morning. brazilian authorities note the men did not appear shaken and even joked around. lochte's lawyer says there is no question the robbery happened and brazilian officials are just trying to deflect criticism of problems at the rio games. jamie yuccas, cbs news, rio. >>> twitter is trying to shut down terror groups cracking down on you extremist and hate messages. in the past year twitter says it suspended more than 360,000 accounts related to terrorism. the company also says the rate of daily suspensions is up 80% since last year. >>> firefighters continue to battle the "bluecut fire" in san bernardino county. more than 31,000 acres have burned. firefighters are using aircraft to drop fire retardant to slow the flames. kpix 5's anne makovec has been following this in the newsroom and has more. >> reporter: to give you an idea of the massive size of the fire it would take up the city of san francisco. firef

it detected malicious code in microsystem microsystem and isg them to reset passwords. down exclusive rights to all eight harry potter films and the breath of j.k. rowling's wizard in world. the deal is valued at $250 million and could be the largest acquisition in the company's history. they get to use the harry potter material. and that is your business update. blair efron is one of the biggest you makers on wall street. he has advised including the gillette purchase and $19 billion. offersbal m&a perspective on pursuing deals. >> do i need to do something to either stabilize my portfolio or enhance my port taleo offensively within my sector? growth does factor in importantly. own you can't grow your business is much as you want them to, organic week, doing something inorganic is a way to deviled growth. certainly through synergy. he or she can take the business and is something more with it. , overallimportant time global gdp, and be wrong and be faced with headwinds. we start off in a very difficult position. it is a six-month close. beyond the window. likewill that

the first step for gordon isge today and getting the work in before the nfl shuts them down. as for how he feels he says not only has he changed, but the culture in berea has changed. >> i am excited to be back. these guys are great. this opportunity is like none i have felt or seen before. i really want to be a part of it. everybody feels differently. you feel more enthusiastic coming to work when guys are going to commit themselves. >> that's just what the i bought into it and the rest of the guys have. >> the nfl flexing its muscle again threatening to suspend james harrison and three other players if they don't provide interviews to the league in 10 days. harrison and clay matthews and julius peppers and mike neil are at the center of the performance-enhancing drug probe following the al jazeera documentary. stay tuned to that. no day off for the tribe. thisy have a make up matinee with the red sox. the former first round pick on the hil he takes them deep in the fourth. he drove in both runs for the tribe, but not enough. big papi, why is this guy retiring? 27th of the y

please report it so they can keepe a number on what'sr o happening here..happenin an 11 year old girl isg recovering from injuries after someone opened fire on her family's car.hereolol reco the girl's mother says she was noticed a car following her.wedy while stopped at a red light atd broadway and pershing, she sayst a man got out and fired several shots into her car. the girl suffered a superficial abrasion and will be okay. obviously there is trauma there. she was shot. police are asking anyone with information to give them a call. parts of cleveland gun lawaw violated the constitution. c the cingty's new gun weapon offender registry.w offender r key provisionistry. forces theme register within the city within five days of beingin released fm prison.n. judge overruled in several artsra including a provision for afor a tougher definition of automatic weapons. water testing found high levels of lead inou some of the drinkin water.wate district says the water samples with high lead levels were fromm 10 fountains and sinks throughout the district. replace.ace. water will be retested thete

from nearly as much to share these patty harkin is that they all.l if you'rel looking at brainerd roof isg a still close from thoh water main break yesterday. c the sicu to the video now the man brought ao n date up to a rooftop last night in an effort to impress heri hen tries to jos between two buildings. i'm lost his girlfriend. the news you could says that isis is using children to carry mom and the conjure calling on spinach on the way c going to have a careeryo that women in general seal a ton of pressurewo people will be post. 110 months ago she ran to return to work and whenan a supportive past those given the choice and weeks after how to which is not all lot of time paid family leave todayll this month that ty shoot straight to the doorstep of the presidential cannot armed 135,000 family to know his pain. for asking that our leaders catch up with the times and be aware this out is that they are we are down into the low 50s. and hopefully frequent chancesc of seeing some rain will check on yesterday but that'so a goodo thing. twooo consecutive days in thet 70s. we haven't had that

by now, a lot of funding is that isg and obviously having an effect. i want to pick up what you have said on libel. how much of that is down to what you are saying, market reforms taking place? how much of it is now down now because it is feeding on itself? we are getting towards the realms of almost a credit crunch. it is very difficult to quantify exactly how much of this is because of reforms and how much of this is because of the banking system needing more capital. but i guess, we can confidently say the bulk of it, or 3/4 of it, is because of these reforms that will be taking place in october. right now, it is up by 20 basis points. we think there is room for it to even go another 10 to 15 basis mores before it starts to historically normal ranges. the fed does have the ability to of othere lines central banks and can bring in dollar liquidity, if need be. the in house view is, maybe libel can increase by another 10 aces points, and then revert back to the normal range. yousef: that is it for this "bloomberg markets: middle east. " a busy week is

and isg she is impeached officially removed from office, does that aid in the process of political reforml? is that on a totally separate track with its own dynamics? --the hope is it will make give him a more legitimate government and more sway in negotiations. political reform proposals have been put aside for the time being. we are talking mostly about pension reform, social security reform, tax reform. some talk about labor law reform. political reform is likely to be even more complicated and is not on the table right now. matt: when is the last time we are going to hear about this? the last time you're going to have to report on her for at least eight years? >> that is hard to know. this week, we will be reporting on her a lot. she could appeal. this could go on for a while. we will see what she decides to do. matt: maybe a bit of a never-ending story. >> but one that we love following. thank you so much. matt: still ahead in our own political saga, hillary clinton is worrying some democrats by trying to separate donald trump from his party. are they truly two different entities? we

this isg downtown marriott out with what wet streets a pretty pleasant strive for the folks down there getting action at the coffee shop in and lift eventually to mostly sunny skies downtown. and that is in the right berm causing localized slowdowns if you are coming off to remain closed. we do jessica back to you in the studio. d >> we begin with the bizarre incident and so on one personhes that another in custody after a traffic accident. >> it was not the crash that went deadly.a we go live with my. north richfield man is in custody after police say the driver everything he had run into happening saturdayay mornig here and so on at the intersection of someone in richmond road police say the 29 -year-old ran a red light at the intersection slammingra into the car his vehicle rolled several times coming to rest on its roof the man got out with a rifle, walked over and shot o her multiple times she died about an hourbo later at the hospital. t this.police are not revealing the suspect's name no suspects understand h has something's a random and traffic tragic could happen to such a goo

the summit county sheriff's office says it is reviewingt isg procedures at the glenwood jailo to try and prevent this from happening again. t stacey. there's a new pest that has naturalists with the cleveland metro parks urging visitors tosi wear long sleeved shirts and pants in wooded areas. oak mites they're hiding in trees, and dropping onto people a bite can lead to swelling anda itchiness but they aren't dangerous.ndes you might get infected if you scratch it a little too much.nf experts say the emergence of cicadas this summer has increased the reproduction of the oak mites. don't worry the mites won't infest your home, and a large the oates.s unlikely.odu mites't 8:35 right now. coming up too much ice, or not? a judge rules in starbucks' find out if you'll be seeing less cubes anytime soon. plus, cheddar, pepper jack, pepk munster find out why the government just bought 11s million pounds of cheese.ter kenny. no can.n we're celebrating one world day. it's a beautiful dayne. to explore the diverse cultures when we come back we will show you. new meta daily heart health. it's cl

there's also a trend among academic peers has programs to have their undergraduates to go and if it isgs sending your summer working for a u.s. tech company, spend your summer working in one of these countries teaching computer science or setting up infrastructure. >> back to twitter. how do we square the visceral. that some of the people have in the community of the federal government in things like surveillance and prosecution? some of the things that are historical problems around law-enforcement and doj with some of the newer trends of outreach from folks like ftc, fda and some of these other organizations to try to bring the community in for the benefit of the government? >> that is a good question. both sides present back to the table. it has been difficult to try to overcome some of that how we and timee the process heals all wounds. on the one side we have legislation such as tfa with many my committee feels overhead and at the other time we have people breaking into nasa and doj who should not be. there is happening on both sides but i think there has been a th awing and people

a florida postal worker isda por caught red handed dumping mail into a dumpster.ker isg the mail truck is seen pulling up to the dumpster next to a business.to th the owner of that business was on the roof and saw the whole thing.t to a that bus and pulled out his phone. included in the dumped mail were flyers, costing the advertiser two thousand dollars a month to send out.cluded in thl were g they found out they were just being out dumped as you can imagine he is not happy about that waste.in seeing the video footage, you know, she rolled right in here like she owned the place.h le she owte 's the first time tr happened. i said can you check the dumpster, i just saw something that's really bizarre. and my wife says yeah, it's full of mailed. dum incredible. throwing mail away is a federal crime that can put you behind bars for 5 years.g mail aw ostaltigators say the pde worker was fired..ba for 5 s immediately.diately it's not clear why she did it. that is for sure. a mexican restaurant in southsth bend, indiana is taking some heat for its latest billboard. it reads the best mexican

you can't give them that control over what stories wort story isg because many people don't want to talk but they may be doing something the public needs to know about. so it's important to persist. >> we will start here. >> my question is about the current campaign that we are seeing success of candidates that maybe are not spending that much money or people like jeb bush. can you speak to why the politics doesn't seem to be working now and what the impact moving forward would be? >> it's been interesting. bernie sanders has a different model. he's raising a ton of money and it's another way to get a lot of money. whether you can buy your way into it if you are a candidate convincing the public it is a hard thing to do at the presidential level. it's the hardest item to die in american politics because it's not just expensive but they get so much free media attention that whatever you can buy is just a drop in the bucket compared to the amount of attention that they have anyway. the public sees these candidates and it's pretty hard to change people's minds only by money if the public is

thisw is a look at i 90 i think we are seeing more cars along i 90 and set of using the sure way this isg 90 eastbound sun in the eyes0 backed into rocky river taking you back into town 271 northbound from route eight as you head towards 422 with lights flashing down in akron 76 between him and him grand construction and two lanes in either directionct 77 not to6 west those ramps are now closed through november and checking out a few drive times a lot of stop and go sun in the eyes between 77 to 71 to 71 northbound nearly a 20 minute commute between route ei 422. wayne and natalie ?- >> attention a a one of the most popular ways to watch tv for free just went away who has ended its free service now it its paid plans for $8 a month or 12 if you don't want any commercials. the free service which is been around for the past nine years offers an unlimited number of episodes inches, but you should still n be able to find many of those shows on a new service yahoo screen they will be availableoll eight days after ty are on tv. >> one of the most anticipated video games in m recent years finally

jodi isg to what saying, trying to put it together, a weaker gdp reading, we are in a state of vacuumf the bank of japan and arbe. what we have here is the yen against the dollar and the topix. even this market, it is all about the etf program from the bank of japan. you would maintain that you are underweight japan in your global equities spectrum. been a: japan hasn't great place to be investing. experimentmost the that we are experiencing globally in terms of distortion from equity markets driven by central-bank action and with currency volatility overlaid. the story in japan has been this very strong yen and what it has meant in terms of the impact on the export sector and the economy. underlying that is the chart that you pulled up which shows this tremendous distortion between the nikkei and the topix. manus: this is the differential between the two. i would maintain this is topix is the purple and the blue is is nikkei -- that distortion the highest in 18 years. how much more of the equity market, the bond market, are we about to hit the buffers in terms of the bank of japan's

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need to do isg we it is a up special type of bilaterally adjusted relationship between china and the united states. this adjusted relationship has to be mutually formulated byd the two actors who can be ontologically independent. that involves -- that means a collective community shared by these two great countries. however, quite different from the chinese view is this type of allows this to exist between actors. such incongruent team may not be easily understood. is neededf patients and better conditions emerge. we need a reason policy of patients in u.s. policy relations. assure the mutuality, i ist to say the second effect to emphasize the idea of trust. trust is the most important aspect of producing a policy of patients. tolerate uncertainties so set -- as i to prevent mentioned earlier, u.s. trust in its relations with china involves certain raw expectations. becomes a one way obligation that would be easily interpreted aschinese society as long they struggled to maintain a high level of trust and emphasize a better strategy. i think we did change the one china'st for misdirec

if it is because you are this isg more goods, maybe something they should not look through.leged impact on and sports and exports of a weaker currency does not pertain the way it used to in the past. i think the bank of england would look hard at that and say sterling was 1.60 on brexit even and it is now 1.30 so it must have an impact on trade. they may be coming to the conclusion that economists are the effect on inflation may not be as high as we thought in the past. francine: there is so much stock about -- so much talk about the yields and pound, that the ftse will stay away from this. when you look at how u.k. stocks have performed, they have outperformed germany and the u.s. even. i far as a utility of a cut, think the equity market is suggesting perhaps the outcome is not as bad as was forecasted into the june 23 vote. tom: we have dazzle mark gilbert in london, he is so jaded after his years of central-bank coverage. this is your pound sterling. what is great about this is the massive volatility, all of that red in the even bet of what sterling will do higher or lat

the airline isg refunds, as wl as vouchers. >>> and some shocking video for you om a colorado highway. this woman, she was nost texting while driving. look at this, she also has her leg up on the dashboard. a par ingenother car shot the video saying she couldn't believe that anyone could be that reckless. >>> and it is time for ympic date this morning,o t's gok to amy at the olcs deswith the headlines from rio where, amy, it could be amicans. big day for the >>> oh, lehope it is. it's definitelsy dy bu team u, paula. simone biles and the women's gymnasticseam gog for gold last night ryan murphy set a recoinningold in the 100-meter backstroke and 30-year-old david plummer won bronze plummer is the older swimmer since 1912 to medal during his olympic debut. and 19-year-old lilly king won in the 100-meter breaststroke setting an olympic record and defeating her russian rival. lilly said, quote, i did it clean, backing up hetough talk in reference to the russian doping scandal. let's ta look the medal count, the u.s. has the lead this morning with nc veolds. china is in second place overa

process isg the critically important. and also making the process that businesses need to go through to and to open their doors and to launch new products, all regulatededs to be and needs to go through local government. but local governments can make that easier. through start-up in a day we're partnering with the white house and small business cityistration to help dozen that. it really is about how can cities streamline the business development, streamline the business permitting process, put that online, use a tool that helps them put that online so businesses can see what steps they need to follow business.o open a and in some cases like with the city of los angeles, we're calling them our dream big winner, they are creating a process that actually takes online through the process to get their business license and permits and that seems obvious but check out your city website. be.ay not so we are hosting a community of share ideas about how they are actually working through their process of bringing their regulatory

there's also a trend among academic peers has programs to have their undergraduates to go and if it isgs sending your summer working for a u.s. tech company, spend your summer working in one of these countries teaching computer science or setting up infrastructure. >> back to twitter. how do we square the visceral. that some of the people have in the community of the federal government in things like surveillance and prosecution? some of the things that are historical problems around law-enforcement and doj with some of the newer trends of outreach from folks like ftc, fda and some of these other organizations to try to bring the community in for the benefit of the government? >> that is a good question. both sides present back to the table. it has been difficult to try to overcome some of that how we and timee the process heals all wounds. on the one side we have legislation such as tfa with many my committee feels overhead and at the other time we have people breaking into nasa and doj who should not be. there is happening on both sides but i think there has been a th awing and people

to me it's like everything isg i lean and just moving.ut like thatet and just have that oh my gosh mg that is to me all around to meom that's an athlete. that's not taking a it way fromo anyone else's sport or physique. to me that's magnificent. >> we got it. got it. >> time now 10:05.05 time to check what is trending g this morning, and a letter sentn out to parents about an n texas teacher's no homeworkework policy going viral after it wasi posted to social medial theme letter posted to facebook by b parents teachers zen the note tt the second grade parents sayingg basically after much researchesc this summer i'm trying somethinm new. homework will only consist ofisf work that your student did, not finish during the school day. d there will be no formallymall assigned homework this year.s y. it goes on to say research hadh been unable to prove that hem t work actually improves the t student's performance.rman rather the tee which are was was asking that the family spendpe time in the evenings with theirt kids doing things that arehis th

apple isg picture on there has been a lot of gloom and doom around the apple story.fiscal 15, iphone units grew 33% and that was an insurmountable task moving into fiscal 16. we have units down 9%. that with the iphone seven will return the iphone franchise to growth in the second quarter of fiscal 17 and also apple will start to return to growth. therefore, people will look back with the iphone cycle having bottomed in the second quarter of fiscal 16, and the sales and profits bottoming in the third quarter, that was a great buy. they are negative on it for the wrong reasons. it's comparisons, not that the iphone is not resonating. caroline: great to have you on the show. alix: to another company focused story. -- consumer spending rising for a fourth straight month in july, up 4/10 of 1%. abercrombie & fitch getting hammered. for more, let's bring in morgan stanley equity analyst who covers footwear and apparel. people are spending more, but not on clothes. what does that mean for back to school? is -- back tons school has been a bright spot for so many retailers.

to say isg i am going an e is no such thing as american citizen. should be e voting due to the ex-felons fact that it's unconstitutional served their time and yet still being held for they corrected or served their time to do. voting is done, something is done to make change. we have to be mindful that that not the only way change could be done. look at oint, when you question he had. prison sed felons from for nonviolent crimes, given them pardons. the best way, the most effective ay to make changes, to be involved in legislation, introducing your local federal t and government to getting involved or the general assembly congress in order to revamp or introduce laws. to be don't need registered to vote to do that. topic, we're going to be talking about the federal and the president's efforts for pardons and the commuted sentences later on this on friday we'll have the usa today reporter who's been several that and stories on that topic. tune in on friday in our 9:15 on "the washington journal" to hear about that. few comments on twitter as we're d

however a spokesman says it is not considering a bid for isg. a little up in the air.'re a skier, it's a big one. vail resorts is buying whistler blackcomb for $1.1 billion in cash and stock. that's a fat 40% premium for whistler shares. also if you're a big skier you'll get vail's epic pass, go to whistler or blackcomb, two separate mountains connected by a tram, five-mile skee run up pan pacific, spectacular place. >> donald trump looking to put some recent controversies behind him with much anticipated economic address today. the setting for the speech is detroit, michigan. the one-time manufacturing powerhouse that is working to bounce back from its 2013 bankruptcy. joining us right now former new york city mayor and trump adviser rudy giuliani. thank you for being here today. >> thank you for having me. >> we're hearing this is a reboot of the campaign. what can we expect. >> a continuation of the campaign. now is the time to start laying out specifics because more people are paying attention. i think detroit is selected for a very good reason. detroit is a perfec