. >> reporter: christopher and janet have watched as their house and a next door neighbor's house is close to collapse. it has taken fence and grown and soon their home. >> they have asked from florence township and burlington county and were turned away, township crews responded when torrential rain and shored off a storm pipe that was leaking into the ravine. this is the first time we see the pipe there and the water coming out like a fire hose. >> they say this may be contributing to the collapse but the county insurance carrier denied the claim and they are working with local officials to find a cause and remedy. >> we have no long that has been open or at what point that the drain they put in there failed. the township sealed off the pipe at the street and erected fencing around the home. >> you do not want to believe that this is actually happening. >> begun geoengineers will inspect the ravine to see if it's in danger of furnish collapse or if these homeowners living on the edge will need to move out. that is the latest from florence nora muchanic channel 6 "action news." >> th

. >> reporter: christopher and janet have watched as their house and a next door neighbor's house is collapse. it has taken fence and grown and soon their home. >> they have

janet: you have to really study the details.offering you grant that do not have to be paid back, or loans? that is an important distinction. loans have to be paid back. if you are getting unsubsidized loans, the interest accrued during your college experience. parents are often suggested to take parent loans, and those are offered by the government, but those are at not so low interest rates. the biggest distinction is, look between grants that you do not have to pay back, and loans. you know, and there is more than $1.2 trillion in student loans as college costs rise, the number continues to go higher. the second-largest form of consumer credit after mortgages. mark: when i apply to colleges, you send in the letter but you have to send in the admissions fee. janet: application fee absolutely. mark: they are not giving that back. janet: that is true but colleges will give you a fee waiver if you are low income. they do add up and you don't get it back. mark: thank you. oil rebounds from its biggest one-day decline in two months.

now, you know that we have upon us, janet mentioned this very well, the club for growth and heritage, call them out. i'm not afraid to mention who they are. they have informed a lot of people with bad information, and they're out there trying to divide us, they're out there putting bum information in the mainstream, in the media, to the public. and, frankly, most of what they put out there is mythological, it's not fact based, and, you know, those two groups have one thing in common. they're both wrong! they're both wrong. zero sum game is a metaphor we all like to use. we're not going to get trapped in that. we're here to advance the cause of transportation because, frankly, there's a chronic underinvestment in all modes of transportation in this country. so we're not going to get trapped in a food fight. we're not going to do that for sure. that's happened a few times in the past. in fact, i remember when i joined arpa in the last century, that's exactly the way it was, by the way, some of you remember that. we were the highway community. apta was the transit community. never shall

have a strong muscle memory about what happened. there is still holding back. tom: ed hyman with us. we will talk about stanley fishel and -- stanley fischer and janet yellen. e some good photos. brendan: the nasdaq closed at an all-time high. we are doing a throwback. that is amazing. when we see the mascot, the pet food supply chain known for the bubble burst. an indicator of a pending dotcom bubble. olivia: a fall from grace and a symbol of the tech boom. ed hyman, tech companies leading the nasdaq are older and more profitable. wathat is the most important difference between nasdaq in 2000 versus today? ed: the number of people on the internet has exploded. a couple million back then. now it is a zillion. a huge difference. olivia: they are not just buying pet food. ed: back then, companies had concepts and now they are huge businesses. brendan: the puppet survived. as a celebrity after pets.com went bust. in chile, the calbuco volcano. ash was shot six miles into the sky. a huge respiratory problem for the locals. it's contaminating the water and a lot of flights in and out of chile halted as well. number one, wait -- look at that. ash six miles into th

my name is janet. i have a ministry that assist in helping men and women lead the life of homosexual. -- homosexuality. i'm based out of minneapolis and i live in texas. i also enjoy helping churches have a better understanding how we work with those that are in our churches that struggle. i believe in compassion without compromise. we will have passion but we will not compromise the gospel. i think far better than anyone who has lived the life of homosexuality have an understanding why the gay community do not want someone like myself around. because we have the opportunity to debunk everything they are saying. why don't you see me on cnn or today or msnbc or good morning america? because they have all the gays and lesbians on their show. that if i come on the show i will tear down their belief system to advance my goal is to debunk everything that they are saying, to be true what i know is july. we have tragically watched our nation caved in to homosexuality propaganda. more and more people are falling for

yield, yield and one day you wake up -- olivia: do you have a strategy when things get interesting or do you ride it out? michael: i think folks like janetve the index volatilities on their screen. that is as much of an issue for the economy, let alone the markets. what we are doing right now is we are supporting volatility suppression thanks to the ecb and the doj. that is an important structural force right now in the bond market and the equity market. michael: i don't know when she is raising rates and i don't care that much. right now, i am looking at what is happening with global bond prices and bond yields around the world. tom: use of cash. does it continue? does everybody migrate it over to share repurchasing and dividend growth? michael: what works for a ceo. that is on until the debt leverage -- olivia: mark zuckerberg at facebook. tom: he is doing the opposite. michael: god bless him. olivia: coming up, we had to south america. it is not pretty. we are streaming on your tablet your phone, and bloomberg.com. ♪ olivia: good buttery morning. we are drinking bulletproof coffee. it is coffee laced with butter. tom keene is loving i

janet? >> william hough would have been released but now he is in jail on murder charges thanks to a new cold case unit. hough has a long wrap sheet, now facing murder charges for the first time in his life. investigators say he raped and strangled two women the first happened nearly 30 years ago. that is where the 21-year-old was found. there was dna evidence that linked hough to the murder. the second case happened in 1993 in san pablo. the child was found raped and strangled to death. the district attorney's office was able to arrest him. >> it's gotten more accurate. so that is allowed us to do more with cases. some people think it's, if we did testing back then there is nothing more we can do. that is not true. we can do it with smaller samples and that changed. >> officials say dna evidence pointed to hough but extensive interviews led to new charges. >> it's very gratifying. i take a look. when i look at these cold cases i'm seeing pictures of the victims when alive. and you feel for them with the crime pictures and brutality that they've suffered. to find the guy is rewarding. >> offi

now, you know that we have upon us, janet mentioned this very well, the club for growth and heritage, call them out. i'm not afraid to mention who they are. they have informed a lot of people with bad information, and they're out there trying to divide us, they're out there putting bum information in the mainstream, in the media, to the public. and, frankly, most of what they put out there is mythological, it's not fact based, and, you know, those two groups have one thing in common. they're both wrong. they're both wrong. zero sum game is a metaphor we all like to use. we're not going to get trapped in that. we're here to advance the cause of transportation because, frankly, there's a chronic underinvestment in all modes of transportation in this country. so we're not going to get trapped in a food fight. we're not going to do that for sure. that's happened a few times in the past. in fact, i remember when i joined arthur in the last century, that's exactly the way it was by the way, some of you remember that. we were the highway community. apta was the transit community. never shall

giving her students a voice without their having to speak. for "today," janets houston. >> viral videos are some often recorded rant. the fact this has gone viral is awesome. one teacher's great idea is shared across the country. >> it is a great idea. you said this this is a way to celebrate teachers. doing a wonderful thing and picked up by other people. >> good group of kids. >>> still to come on "today," how sweat pants becomes trendy. a look at the fashion statement after thag excellent looking below the surface, researching a hunch... and making a decision you are type e*. time for a change of menu. research and invest from any website. with e*trade's browser trading. e*trade. opportunity is everywhere. ♪♪ ask sherwin-williams during the four-day super sale. save 40% on paints and stains, april 17th through the 20th. visit sherwinwilliams.com/save to find the store nearest you. body pain? motrin helps you be an unstoppable, i-can-totally-do-this- all-in-one-trip kind of woman. when pain tries to stop you, there's motrin. motrin works fast to stop pain whe

my name is janet. i have a ministry that assist in helping men and women lead the life of homosexual. i'm based out of minneapolis and i live in texas. i also enjoy helping churches have a better understanding how we work with those that are in our churches struggle. i believe in compassion without compromise. we will have passion but we will not compromise the gospel. i think far better than anyone who has lived the life of homosexuality have an understanding why the gay community do not want someone like myself around. because we have the opportunity to debunk everything they are saying. why don't you see me on cnn or today or msnbc or good morning america? because they have all the gays and lesbians on their show. that if i come on the show i will tell down their belief system to advance my goal is to debunk everything that they are saying, to be true what i know is july. we have tragically watched our nation caved in to homosexuality propaganda. more and more people are falling for the lie that homosexual

janet? >> william hough would have been released but now he is in jail on murder charges thanks to a new cold case unit. hough has a long wrap sheet, now facing murder charges for the first time in his life. investigators say he raped and strangled two women the first happened nearly 30 years ago. that is where the 21-year-old was found. there was dna evidence that linked hough to the murder. the second case happened in 1993 in san pablo. the child was found raped and strangled to death. the district attorney's office was able to arrest him. >> it's gotten more accurate. so that is allowed us to do more with cases. some people think it's, if we did testing back then there is nothing more we can do. that is not true. we can do it with smaller samples and that changed. >> officials say dna evidence pointed to hough but extensive interviews led to new charges. >> it's very gratifying. i take a look. when i look at these cold cases i'm seeing pictures of the victims when alive. and you feel for them with the crime pictures and brutality that they've suffered. to find the guy is rewarding. >> offi

we have more from the san francisco campus. janet? >> reporter: and cheryl, as of this morning, no one the being led in through the doors. students trying to go to class they were turned away. they had no idea their school was closing and now they're scrambling to figure out what to do next. students were greeted by security guards in san francisco. through the glass door, they informed the students that the school is closed. >> i'm angry. >> reporter: the students were given the letter of explanation a little too late. >> if they knew it was going to close down, they should have given it ahead of time. this is waste of money, my education. a year and a half in this school. >> reporter: they would have graduated in october. >> i was so close. >> she's not sure if her credits will be transferred and when she will get her money back. cruz is one of 16,000 students displaced after corinthian college announced it was shutting down 28 campuses that including four locations in the bay area. the for profit college has been dealing with fraud

we have janet napolitano and possible contender, scott walker is here with his take on hillary and hiswn vision for the country. first chief white house correspondent traveling with the campaign tonight ed? >> what's new is the connecting of the dots. we knew for some time millions had flowed in to the clinton foundation from foreign government and businesses as well. what is new is a specific claim in the book "clinton cash" the idea that's explosive is the allegation as secretary of state hillary clinton took official actions to help some of these foreign donor one quick example the idea that money flowed in from a colombian oil quarterback and secretary of state flipped her position and was suddenly in favor of a colombian trade deal. our campaign chairman telling bloomberg this was all nonsense, what they did was cherry pick from the funding donor lists. the candidate herself, tried today to stick to her middle class message. she's not done any media interviews. at the end of her event today. she answered a couple of quick question listen. >> back into the political scene, therefor

what she got in return was more than she could have imagined. janete. >> reporter: it was a writing assignment the teacher hoped would help her know her students better. >> i was just kind of desperate to connect with the kids. >> reporter: the question to her 8 and 9-year-olds, tell me something you wish i knew about you. some were sweet. >> i told her that i wish my teacher knew i loved her with all my heart. >> reporter: others revealing. >> i wrote, i wish my teacher knew i don't get much sleep at night because of my baby sister. >> reporter: but many were nothing short of heartbreaking. i wish my teacher knew sometimes my reading log is not signed because my mom is not around a lot. from another, i don't have friend to play with me. and this i don't have pencils at home to do my homework. >> reading them was definitely a reality check. at the end of the day they're just little people and they have some really big concerns that teachers need to be empathetic towards. >> reporter: mostly children of hardship, schwartz shared their answers anonymous

we have full coverage of the stocks and stories making headlines today. education reporter janet lohr looks at the rejection rate or admissions to ivy league schools . agriculture reporter alan bjerga detailed the latest crop report and the continuing doubt it -- drought in the state of california. manus cranny is in paris with highlights of his excuses interview with greek finance minister yanis varoufakis. first, let's get right to the top stories we are following this thursday. a number of americans filing for on a plummet benefits is that a 15-year low. claims averaged 282,000 a week

start lifting short-term interest rates and everybody thinks now the fed reserve chairman janet yellen may have to hold off because of this. >> well, that was always the question with her, whether she would take away the punch bowl when it was time to do so. to tell you the truth, chris, 25 or 50 basis points, the economy is that fragile that we would be tossed back into recession because of that, we're in much worse shape than the white house is acknowledging. >> so, any way not out of the woods yet. thank you all, panel. see you next week. >>> when we come back, archbishop donald wuerl joins the debate on religious freedom. what do you think? let me know on facebook or twitter @foxnewssunday and use the #fns. >>> a look at st. patrick's cathedral in new york city on this easter sunday. when we invited the archbishop of washington, cardinal donald wuerl for a conversation this week, i expected to ask him about the pope's trip to the u.s. this fall and for his easter message. we did discuss that, but there was also breaking news to cover about the debate over religious freedom laws and that sav

have been revising their expectations. are we on track for the third quarter? tony: of course. janet yellen wants market persistence -- market participants to focus on the changes, which is to say, how fast will the fed move. tom: the unemployment rate -- we have never seen this. guest: i wish the job market was not improving at such the rate. people were still digging out of the problems caused by the 2008 recession. anger: payroll growth -- guest: the market got used to figures in the high 100s. it is strong enough to keep the jobless rate on a downward track. olivia: even the wages -- guest: we have not seen the participation rate. there will be downward pressure on the jobless rate. janet yellen said there was a substantial body of evidence that would say that is a good reason to think wages would rise. olivia: we will be here all morning. you do not want to go away. we are going to turn our focus back to iran. it looks like we finally have a deal. ♪ tom: good morning. a special editions of "bloomberg surveillance." this is a joke. this is one alan krueger joined the administrati

start lifting short-term interest rates and everybody thinks now the fed reserve chairman janet yellen may haveo hold off because of this. >> well, that was always the question with her, whether she would take away the punch bowl when it was time to do so. to tell you the truth, chris, 25 or 50 basis points, the economy is that fragile that we would be tossed back into recession because of that, we're in much worse shape than the white house is acknowledging. >> so, any way not out of the woods yet. thank you all, panel. see you next week. >>> when we come back, archbishop donald wuerl joins the debate on religious freedom. what do you think? let me know on facebook or twitter @foxnewssunday and use the #fns. i'm louis, and i quit smoking with chantix. i told myself for so long that i needed to quit smoking. i would quit then i'd go right back to it. chantix absolutely helped me quit smoking. along with support, chantix (varenicline) is proven to help people quit smoking. chantix helped reduce my urge to smoke. some people had changes in behavior, thinking or mood hostility, agitation, depresse

we're pretty sure -- then we found on the that janet yellen will not have a standard meet the press press conference this meeting so, that makes us absolutely sure she's not going to announce anything. it's going to be a very dry report. >> usually they're so interesting to get your day started. >> and don't get me started on the beige book. >> not this early, my friend. >>> here's one woman who made the business announcement recently. hillary clinton about to get her first official challenge from the left. vermont senator bernie sanders plans to formally announce his campaign attorney. the 73-year-old is an independent in congress, but will be seeking the democratic nomination for president. >>> after more than 70 years, the nfl, which by the way make money hand over fist, now actually has to start paying taxes. the commissioner announced yesterday the league office will relinquish its status as a tax-exempt business. we should note that each envelope team already pays taxes, but not the league office, which was set up as a nonprofit business. for years congress has been after the league

my name is janet boynes. i havea ministry to help men and women leave a life of homosexuality and i'm based out of minneapolis and now i live in texas and i also enjoy helping churches have a better understanding how we work with those that are in the churches that struggle. i believe in compassion with compromise. we are not going to compromise the gods. we have an understanding why the gay communities do not want someone like myself because we have the opportunity to debunk everything that they are saying. cnn, today msnbc, good morning america. if i come on the show they think that i will tear down their belief system. my goal is to debunk everything that they are saying to be true when i know that it is alive. we have tragically watched our nation cave into homosexuality propaganda. more and more people believe that homosexuals are born that way and we know that that is a lie anyway. homosexuals have successfully made inroads into hollywood television public schools, university, government the president of the u

but that's not the only thing that you or me or janet yellen is looking at here. >> you can't have itys. but i'm amazed that there can be -- i guess everything in this country now -- people argue we're so far apart on every issue. but there are people that are just -- just cannot believe we are at zero still. and people think it's insanity to consider raising any time this year. >> and we're here in april and all of us after friday's jobs number and after the dovish tone from janet yellen have pushed when they think that first rate increase is coming from june just vaguely on the edge of the table right now to september. and that's another six months. you only need a couple of surprise noisy readings that could push that further out. the problem is the fed has told us the policies are data dependent. but they no longer told us how to determine data. because they keep making adjustments to exactly where the goal posts are or what posts should be being used. >> i think one of the things the fed absolutely needs to see besides inflation is jobs and more jobs. right? it's all about the jo

have been given. they filed a lawsuit against secretary janet napolitano. so, look, we have a problem. i would like to have a nice conversation here. but this administration has systematically seeked not to see the laws in force. and want to ameliorate those coming into the country. he also said this in his testimony. i want to be crystal clear, the border is not secure. how can this enormous gap exist? what you hear in washington and what our agents know to be the truth in the field. frankly, it is how you manipulate statistics. i think the statistics are related. you say we have more removals, but you started counting before you started took office. they were never being considered that before as far as i know, you have not had an increase in removals -- you had a significant decline. i think that ewing knowledge have you not that that counting is a new system of accounting that counts the apprehensions at the border as removals? you emitted that, or knowledge that to the house member and a house committee meeting? johnson: i am not sure what you're referring to, sir. >> i'm quoting

betty: when janet yellen travels, give me a sense of her security detail. does she have a lot?n't want to explain everything about the layers of security that she has, but anyone who has seen her in a public setting can tell that there are certain people who are with her that are not fed economists or staffers, they are security folks. their responsibility is to be with her 24/7 to ensure her safety. you used to see ben bernanke at washington nationals games. most people did not recognize him. they might have been looking out for the two people with a most of the time -- maybe more than that. the reality is that these are controversial people making controversial decisions and it is not a huge surprise they get protested. what is a surprise is that somebody could get this close to mario draghi. betty: it has got to be very unsettling. do you expect that even within the fed now that the next time they hold a news conference they might change some protocols at all given what we have just seen with what happened with mario draghi? peter: even before the fed, remember what is happe

what happened is that investors have lost faith in janet yellen. charles: because she keeps saying that the economy is doing well, and main street and wall street are saying noto fast. >> well, everyone is on to her game, it over. >> a bunch of debbie downers. i am still bullish. april is a good month, first two weeks are tough for the market. you have end of the quarter, not a lot of buybacks ago on. a lot of people sell stocks to pay whatever their taxes might be on april 15, historically around april 11 to 14, you simone coming in and rallies. all these issues that we have talked about, have been around, they are not going go where. charles: that mid april area, earnings seen, micron technology after the bell, blowing them away. it was up a buck and a half, but now it down 50 cent. is that reaction to the earnings that we get, then it is not going to be such a good season. >> i think it will be okay, it is about guidance, maybe the ceo -- and we'll have weakness but what we're worried about will move to the side. >> to matt's point, good news is

have press conferences. this puts the june meeting in focus. everyone has looked past the april meeting coming up shortly, and the july meeting janet yellen couldis. we will have a press conference after every meeting. that would be an on risk you could watch out for. alix: for more on these expectations this is in the note you had from bank of america talking about the yield curve from the five and 30 year. tell us what this does. what am i going to get from this? guest: it is interesting. we had a huge flattening of the curve. if you look at what has happened this year it has stabilized. the curve doesn't seem to be flattening as much. why was it? if you look at any previous hiking cycle, it flattens. now we have stopped with the continued flattening. that has the feel the market is pushing it out. after friday's number we actually have been pushing out the timing further out which is preventing the curve from flattening. and the fact that i don't think the market believes we can decouple in the long run. if 10 year booms the global yield back draw keeps the long and thin, so it is being driven by the front in. -- front end. the market is ver

you have got of course janet yellen as well participating questions about the said's liftoff, risings meaning for the rest of the world, -- about the fed's liftoff, what rising interest rates mean for the rest of the world. jack lew has that leverage with him as he goes into these talks, but is quite likely a lot of folks are going to hear this message, this call to action and say "rings with the advice ." alix: yeah "thanks, no thanks." dear in the u.s. come it is your job to make things even better for the u.s. economy. peter: that is right. on issues like tax reform committee is not clear trade is going to play out, immigration has been bottled up, and there are weston's down the road about the debt ceiling. jack lew has to answer those questions. does the u.s. have its house in order as well? alix: two i very much for that great interview, our chief washington correspondent peter cook, we appreciate it. no plugs adding a record 4.9 million subscribers in the first quarter, bringing its total global customer base to 62 million people. netflix also recommending a stock split to the

olivia: if you take this with the disappointing march jobs report, it starts to weigh on janet yellen's mind. plus you have. matt: janet yellen is looking for things to weigh on her mind. she is going to manipulate -- i should not use the minute -- use the word minute late -- manipulate. she will look at any data from the perspective is -- olivia: everyone has been worried the price of oil has collapsed. you did see that this morning. matt: that was not unexpected. what was unexpected was the gain in consumer spending. it is a glass half-full, ladies and gentlemen. olivia: coming up, one of the few things showtime and hbo have ever agreed on. they are both going to make a killing from saturday night us big fight -- saturday night's big fight. matt: you got a route for manny. ♪ olivia: it is a toxic match for the ages. manny pacquiao -- a boxing match for the ages. manny pacquiao and floyd mayweather jr.. tickets are sold out. they sold out in less than a minute. a fight that will bring together two other rivals, hbo and showtime. more of the numbers. mayweather is going to make $300 million for getting bea

police have been on-scene all morning for a death investigation. abc 7 news reporter janeto is live with details. >> reporter: people are slowly waking up this morning to an unusual police presence across from the ritz-carlton hotel. you can see the apartment complex across the street is cordoned off by the yellow caution tape. a medical examiner has been out here for hours. the medical examiner, along with police officers, are investigating what appears to be a death here at this apartment complex. a witness first reported seeing a woman on the staircase. how and why she ended there we don't know. we are waiting to get confirmation and more information from police officers at this hour. but for now, the apartment continues to be blocked off. reporting live in san francisco janet o, abc 7 news. >> janet thank you very much. >>> 5:31 now. the death toll continues to rise this morning in nepal, following saturday's powerful 7.8 magnitude earthquake. more than 3,600 people declared dead. rescue workers are still struggling to reach vulnerable mountain villages two days after t

my name is janet boines. i have a ministry to help men and women lead alive of homosexuality. i am based in minneapolis and now i live in texas. i also enjoy helping churches to have a better understanding how we work with those that are in our churches that struggle. i believe in compassion without compromise. we are going to have compassion. we are not going to compromise the gospel. i think that far better than anyone that has lived the life of homosexuality have an understanding of why the day community do not want someone like myself around. we have the opportunity to debunk everything they are saying why don't you see me on today, msnbc or good morning america? they have all of the days and lesbians on the show. if i come on the show i will tear down their belief system that is our goal to the debunk everything that they are saying. to be true i know whether it is a lie. we have tragically watched our nation cave in to homosexuality and propaganda. more and more people are falling for a lie that homosexuals are born that way. we know that is a lie anyway. homosexuals hav

janet yellen is not even having her usual press conference. about an hour ago we got numbers that showed the american economy grew a fraction of a percent over the winter, more reasons to not raise rates >>> what's wrong with this video about mark zuckerberg? it's not really like it. it's a wax figure. steve jobs is there as well. now, the museum wants to know who else should they add? they're conducting an online poll. among the candidates we have ma prettia myers p.woz, elon musk. frank open hyper, some of the more dark horses. i don't know how it would be anybody by woz? >> place your bets. >> absolutely. >> how about a lady, in fact? >>> well, we know that silicon valley what is contributed so much mere, but what about a sign to prove it? hollywood, south francis, they both have landmark signs, but what do you think about a silicon valley sign? >> originally called silicon valley. bob redell is in san jose with that. where would it go? >> reporter: well, the idea is to go in the east foothills of san jose or milpitas. going on your train o

dozens of people in berkeley and oakland have been calling the police to report a sound powerful enough to set off car alarms and scare pets sort of a "boom." janet>>> good morning, eric thomas. we have not heard a loud "boom," this morning but people would hear the boom say it happened between 8:00 to 10:00 at night. # berkeleyboom causing a lot of chatter on twitter. berkeley police say it is likely some keep of explosive like fireworks. police received two dozen reports last month. they have credit to find any one thing responsible. >> we are reporting a large light and smoke that could be left over from the device. >> it sounds like a fire work and maybe a truck dropping. no idea. >> the mysterious noise is being heard all over town it is mostly happening in the southwest area. first it seemed like pole were amused and taking guesses what it was. now most neighbors want to find out what the noise is. they want it to go away. >>> developing news in the south by police say a woman was arrested after sneaking on the tarmac at mineta san jose international airport. investigators say she scaled the fence on the southeast side of the airport and a

you have to remember janet is dove getting a lot of pressure, from three fed districts and fellow members. pressure on her to raise rates. melissa: pressure but we're seeing economy stall. gdp is not good out there. >> besides their own estimates they're projecting in future, i don't know last three or four meetings they keep ratcheting it down little pieces of it smaller and smaller. that says to me this is going to be more of the same. ted i know a lot of people, i agree with you on the pressure part but i don't think they will raise rates this year. melissa: no, yeah. what do you think, john? >> market data doesn't mean anything unless you consider what that tells us about price inflation. we have a lot of slack overseas. economies overseas are doing poorly. china is struggling, brazil so on. if that is the case there is not much pricing power for u.s. businesses and continue to be a lot of downward on pressure on u.s. wages. melissa: reasonably confident, doesn't make me confident at all? >> probably not. of course what happened on this recession we come out of it kind of slowly, step

have done this before. our reporter is in walnut creek with the story. janet? >> yes, eric police informed us they know of at least 13 victims. they say the peeping tom was using a camera the size of an iphone hidden under the sink. it did not have connection to wi-fi or blue tooth but recorded customers who had no idea what was going on. the 35-year-old jacob turn certificate accused of spying on people in downtown correct. he was arrested yesterday at his home. >> through a series of search warrants, and review of surveillance video, we were able to identify him as a possible suspect. >> icky. >> customer whose frequent this starbucks are shocked and disgusted. >> this is our most private time ...we need to be aware if someone is looking at it. >> greeced out. really really grossed out. >> them employee of panera bread used the bathroom on tuesday at starbucks and police say the employees found the hidden camera recording customers between 2:00 and 3:00 p.m. and this is not the first time. a hidden camera was found by a customer february 6 recording customers

mario draghi would love to have the problem janet yellen has got right now. tom: jonathan ferro, we appreciate it. olivia, google. olivia: breaking news on google. the eu commissioner in charge of competition is raising a statement in brussels. following the news that google has officially been delivered the charge sheet from european regulators. the accusation is that they have abused their dominant position in european search to harm competition, essentially diverting traffic from rivals to the on-site. interesting to see what the reaction is and if that changes google's business model. tom: jason turner with us -- jason trennart. you can dovetail this into the doubt in europe about the way we play the game over here. it's a constraint on american companies. jason: we have a washington office, we focus on policy. i will say technology is probably one of the most politically protected industries in the u.s. it's largely left alone in many ways. i disagree with what europe is doing because i don't think it's a good way to develop their own economy it will pre

if you have a blip here janet yellen will restart printing press, and notice they keep teasing raising rates but nothing happens there either. >> d.r., are you recommending taking money off the table, playing a little defense here? >> i think the smartest thing for people to do with money is they have new money to put to work. i don't think it's time to take it off yet. bubbles tend to last longer than we imagine, and the last legs up tend to be the most explosive once. so you don't want to really take money off the table while hitting new highs. what you might want to do with new money is put it to work in more defensive sector put it to work in health care, which is already really strong. consumer staples which is strong but would do well in defensive times if the market does start to have a pullback. so have a plan for level to start take money off the table but not while we're on an upswing, tom. >> gary and d.r. thank you guys, thank you very much. good talking to you. >>> how's this for odd timing? hillary clinton set to make anticipated announcement on a quiet sunday, and she'll

indeed, to show in part they could do something at any meeting going forward, including+++ have a scheduled janetference, but i should note that the fed said this is simply a technical test, not an indication of any fomc action to come, but if anyone was wondering whether or not july could be on the table, this is one way to show that indeed the fed is preparing for that potential, at least down the road. alix: and a huge change from when the fed did not even do press conferences. chief washington correspondent come peter cook, thank you. and we have a brick or a coming out of apple. julie hyman at our news desk has the details. julie: there is an issue with the apple watch, which has apparently caused them to limit supply of the new device. there are a lot of hope spent on the apple watch and how big a device it could be. the issue is said to be in the tactic engine of the watch. we were talking about this earlier. it essentially mimics the sensation of being tapped on the wrist so that seems like a pretty important feature, component of the watch, so not clear. we have not heard from apple. we

because you have one person ben bernanke and now janet yellen dictating trillions of dollars and a bunchf lemmings following them. i worry they don't know what they're doing. at the end of the road there will be big big trouble. >> you have to worry about that when everyone is providing this nicotine. right? when we slowed down, it's not as if the europeans slowed down. everyone is providing it. right? >> right neil. that's why i think this time is different. we have this unprecedented. both you and gary's point. unprecedented micro managing of the economy. especially interest rates. in terms of my investments before i bet against stocks, i'd bet against some of the junk bonds. some of the leveraged loans. the instruments which have been most directly influenced by that federal reserve intervention. they will blow up first in my opinion. >> to mention one more thing. >> what other toe tapper do you have for us? go ahead. >> the knicks stink this year. >> they stink every year. >> there's $18 trillion of debt out there. the cost of that debt will skyrocket. will never be able to to be cov

ellen, you have said falling oil and rising dollar will mean a place in his for janet yellen to raiseop love having you on, but what changed? ellen: i tell you what, core inflation we think does weaken from here. it bottoms around june of this year where it is going to move sideways for a time. you are the change in yellen's rhetoric that concerns me -- before, she was solidly implying that she wants to see a take-up in the data before moving. i do still think she is going to err on that side, but lately in remarks a couple of weeks ago friday night after markets closed when she made her important speech, she said prices do not have to turn up before raising rates. so she keeps trying to drive home this message that it seems like no matter what happens this year or how the economy unfolds, they are really determined to get a rate hike under the wire before the end of the year. tom: ln, stay with us, i want to talk about the rate differentials. olivia: still to come here on "bloomberg surveillance" it is the first big day of bank earnings. we got number stuff from jpmorgan. they beat a

janet yellen and her colleagues have stressed in recent speeches that monetary policy will remain unusuallyn to tighten for the first year and a must a decade. matt: earlier in the year there was a lot of discussion about whether it will be june or september the day of the first right hike. at the last fed meeting they lowered their long-term expectations or medium-term expectations about where rates would go. since then, they have been emphasizing the point over and over again that don't worry about when we will hike, just remember we will not hike too fast. matt: it might not be this year. it could only be 12.5 basins points -- basis points. betty: they keep saying data dependent. matt: that makes sense. that should be data dependent. they shouldn't be making a forecast and feeling the need to stick to it because they promised the markets something. betty: i agree. matt: if you do it, do it right. betty: as opposed to doing it wrong. matt: if you do this monetary policy central-bank thing, you should try to stick to the data because you are trying to create growth. betty: let us bring in

have to say. hence on hikes. >> hence on hikes. janet yellen will be getting more news today. fed statement due at 2:30 p.m. eastern. barclay's under pressure after pretax profit dropped by 20%. they set aside an extra 800 million pounds for alleged currency markets. the firm impressing investors with a dividend hike and plans to extend it's chain. some european autos on the move after reporting earnings today. the first quarterly revenue up by 5% due to higher pricing and improving demand in china. in germany volkswagen included operating profit of 3 billion euros. so a lot of stock specific action. particularly interesting to see that move up .6%. let's talk more about the trade in autos. we have the senior managing director and partner at head of automotive research. quite the lengthy title. >> i don't know. you keep repeating that. head of autos is enough here for today. >> when we talk about autos, specifically volkswagen there's an active discussion about the management shake up. was that warranted? you say yes and you actually upgraded the stock. tell us why. >> well i

have impacted the meeting. since that meeting, do you still expect janet yellen to reference these two factories and how they have been negatively impacting the economy? >> in the statement, they will certainly recognize what they have said. perhaps the dollar pressure is perhaps easing a a little bit. the rebound in the oil price makes the economic outlook a little worse rather than better. in the short term falling oil prices is hitting durable goods and so on. i think it's pretty much a balance. i don't think the fed is going to be shocked by the weak figures for the first quarter. there's a weather effect and so on, but on balance it is going to delay a rate increase i think beyond june toward september, october. >> if stanley fisher is right and the fed is planning to raise rates in june what type of risks could ensue? >> it it raises rates in june it will be a modest surprise to the market and i think the kind of risks would be a fall in stock prices you know a correction in some of the other asset prices. i don't think fisher was actually as clear as to say that they are going to move in june. i think he c

only four have news conferences with chair janet yellen afterward.f the four without news conference this year will be july and october. you could read into this if the fed does not raise interest rates at next meeting in june but economy gains strength after that, that the fed could start raising rates at its july meeting. if not in september, at it is october meeting. hence the need for this new system. a fed official said quote, to be clear this test is not signaling any planned future fomc policy action. it is simply a test of our technical capabilities. liz and ashley. liz: the fed has become a lot more transparent. ashley: they have, new technology. all right, pandora jewelry goes beyond charms with launch of new campaign which is out just in time for mother's day. liz: perfect timing. scott berger, pandora president of the americas. it made its name with add-on charm bracelets. we have some here which is the mother's day collection which is absolutely gorgeous. you go with the new title, art of you. what will we infer from that? >> art of you

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have retired. but instead he worked as a contractor. he wore traditional clothes. his colleague, janet wise, met with him the day before he was kidnapped. >> a man of very high integrity. i would have to say he spent his life, his career, promoting the interests of the united states. so it's a real loss. >> it seems that i have been totally abandoned. >> reporter: weinstein spent the next four years in the hands of al qaeda terrorists. they used him as a bargaining chip, first demanding a ransom, then, pleading against the terrorists. he appealed for his release. >> so i again appeal to you to instruct your workers for my release. >> reporter: the italian aide worker, giovanni lo porto, was finishing his studies when he was kidnapped. the drone strike was a tragic mistake, admitted president obama, when he spoke today at the department of justice. >> we all bleed when we lose an american life. we are not cavalier about what we do. and we understand the solemn responsibilities that are given to us. and our first job is to make sure that we protect the american people. >> reporter: but t