they accused jason of murder. >> jason young brutally murdered michele young. >> way out of balance.to hear any of that. outside the court michele's sister predicted the appeal would be thrown out. >> we're confident it will stay. >> she was wrong. >> a raleigh man is getting a third trial in the death of his pregnant wife. >> in april of 2014, the judges ruled unanimously that testimony about those civil cases prejudiced the jury. and they took particular exception to the fact that prosecutor was allowed to tell the jurors it was their trial judge who signed the civil judgment against jason which said that he killed his wife. in fact, said the appeals court introducing evidence about civil cases is a violation of north carolina law. >> you can't use a civil allegation as proof in a criminal case. >> a year later the supreme court reversed the appeals court and yet another attempt by jason young to get a third trial that his counsel was ineffective was all denied. children no longer little, cassidy has grown. her father, her mother, snatches of memory. ever farther away. >> that's al

the bell has gone off. >> jason, next time, have a lawyer -- >> jason: leo, i think you actually oneectified. just so you know, leo -- thank you for being on. a spirited debate. i do appreciate it. last night on the show, former obama border chief mark morgan told us what he thought was to be a mexican soldiers disarming u.s. troops on our side of the border, it actually might have been something else altogether. some new video obtained by fox news might just prove him right. we'll show you next. >> jason: fox news has obtained a range of showing heavily armed men smuggling a guatemalan mother and son into the united states. you can see the human traffickers here in full tactical gear carrying long guns and ak-47 assault rifles. this is what is really going on at the border. the video is terrifying and could be the start of the new norm. this coming just 24 hours after we brought you the story of mexican troops disarming u.s. soldiers on the united states' side of the border. obama's former border patrol chief, mark morgan, said last night on the show that those troops could have act

jason: amazing. carol: he says that if this continues, venezuela will surpass syria in the scale of its crisis. >> it is amazing. if this situation with maduro continues, they will reach 3 million to 6 million refugees. jason: this is much bigger than those two countries. united states has taken a strong stance. how does the rest of the world play into this narrative? >> great question. i think there are several key points in the world today. north korea, syria, venezuela is not alone. it has really become a central superpower rivalry hotspot. the russians are really resisting the american effort, the trump administration, which does not have an active foreign policy, has taken a deep interest. jason: why do you think that is? >> several reasons. the whole shift in the region which was focused on leftist populism has begun to shift. brazil, argentina, peru, cuba, venezuela. that fits with the ideology of this administration, which is very conservative. a great believer that socialism has seen its las

jason: i'm jason kelly. carol: thousands of dominicans are searching for a treasure that may not exist. jason: a focus on europe's most important economy. carol: who will fill angela merkel's shoes? jason: how to help germany's biggest bank, deutsche bank. editor joel weber joins us now. carol: why focus on germany now? >> brexit has taken up a lot of their we talk about europe. we know brexit has been kicked down the road until october. germany is the biggest economy, and we are starting to see three elements, one is the economic story has gotten tepid. the political story, ms. merkel is the most powerful real political figure europe has, and there is a succession story. the third is the banking story, deutsche bank being a once upon a time bank of germany, and became an international bank. now it is grappling with the size it is supposed to be. jason: wide-ranging implications in germany and the global financial system. ed robinson brought us more. >> these banks are the twin pillars of the commercial bank

jason: i am jason kelly.arol: a new ai product that plans to give superhero like hearing to the masses. media,and social global anyone under 15 probably knows about it. carol: we asked the question -- is inflation dead? a new era of lowflation is confounding and calling into question the independence of the federal reserve. peter: the fed is having a series of conferences over the course of this year, culminating in chicago in june. that is called fed listens. it is a combination of listening to work where they are talking andeople -- listening tour professional economists. are we communicating wrong? do we understand what causes inflation? it is not just inflation. jason: inflation is the heart of monetary policy. that leads us to a really important point because monetary policy and fiscal policy, monetary policy being what a central bank does, fiscal policy being what government does, taxing and spending. we have an administration that probably would be ok if those were done more hand in hand. there is a ca

jason: we are here in new york. carl: in this week's issue, a new product that plans to get superhero like powers to the masses. jason: in the next biggest thing in social media. anyone under 15, we know you are watching, probably already knows about it. carol: and the global cover, is inflation dead? this new era is confounding economists and calling into question the independence of the federal reserve. >> the fed is having a series of conferences culminating in chicago. it is calleded listens. it is a combination listening tour with a talk to people of -- with talking to people of all walks of life and economists. they are trying to figure out what they are doing wrong. it is not just inflation by the way, it is broadly monetary policy, but inflation is at the heart. >> that leads us to an important point, monetary and fiscal policy. monetary being what a central bank does and fiscal being the government, tax and spending. we have an administration that would be very ok if those two were done a little more hand-i

the bell has gone off. >> jason, next time, have a lawyer -- >> jason: leo, i think you actually oneectified. just so you know, leo -- thank you for being on. a spirited debate. i do appreciate it. last night on the show, former obama border chief mark morgan told us what he thought was to be a mexican soldiers disarming u.s. troops on our side of the border, it actually might have been something else altogether. some new video obtained by fox news might just prove him right. we'll show you next. oh! oh! oh! ♪ ozempic®! ♪ (announcer) people with type 2 diabetes are excited about the potential of once-weekly ozempic®. in a study with ozempic®, a majority of adults lowered their blood sugar and reached an a1c of less than seven and maintained it. oh! under seven? and you may lose weight. in the same one-year study, adults lost on average up to 12 pounds. oh! up to 12 pounds? a two-year study showed that ozempic® does not increase the risk of major cardiovascular events like heart attack, stroke, or death. oh! no increased risk? ♪ oh, oh, oh, ozempic®! ♪ ozempic® should not be the first

jason: i am jason kelly. of dominicansds are hunting for treasure that may not exist.ason: a special focus on the future of europe's important economy -- that would be germany. carol: who is going to sell angela merkel's shoes? jason: how to help deutsche bank -- editor joel weber joins us now. carol: why focus on germany? up a lot ofs taken air when we talk about europe. we know brexit has been kicked down the road. october is the new time i. let's talk about germany which is europe's biggest economy. what we see is there are three elements. story has economics gotten tepid. the political story -- mark ballas the most powerful political figure europe has and there is a succession story we need to be aware of. deutsche bank being this once upon a time it was the bank of germany and then it became an international bank. it is grappling with what size it is supposed to be. jason: that is a fast-moving story with wide-ranging implications. these banks are the twin pillars of the financial system, the commercial banking system in germany. they are vital institutions but al

jason: and i am jason kelly.sten to us on the radio on sirius xm channel 119, and on a.m. 1130 in new york, 106.1 in boston, 99.1 f.m. in washington, d.c. carol: a.m. 960 in the bay area, in london on dab digital, and of course, through the bloomberg business app. in the features section, the next global big thing in social media is made in china. jason: it is fun and irreverent, and it is called tiktok. carol: here is editor match asking. >> tiktok, no relation to bloomberg's tictoc service, is an app that was a little bit little bit like snapchat, little bit like instagram stories. it basically lets kids to do live streams and music videos. very big with the teens and tweens. as you said, it is owned by a chinese company. chinesehat these internet companies have had a hit outside of the mainland. jason: that is an important point, i feel like, because we talk about alibaba and tencent, but those are essentially, as because they are, domestic chinese companies. matt: and of course, the chinese market is so huge.

jason? >> jason: thank you. that is hard to watch and hard to hear about.ction's attorney and fox news contributor emily compagno and fox news contributor rachel campos duffy. my favorite duffy, for the record. it is hard to transition, talking about this of horrors. how do we learn from this? what do we do with this? >> was first of all, 25 years to life seems like a good sentence for them. it's sad to see that the kids actually still have compassion for their parents after all this happened and a year later, thriving and surviving. i do think there are lessons for us in the general public. these were 13 kids living in ahe house, and yet for neighbors who never, ever saw them outside, and i think that is a red flag. all of us like to be good neighbors who aren't intrusive or nosy but if there are 13 kids, i have eight, nine neighbors hear them even if i want them to or not, that kind of a red flag when it involves children, maybe we all need to step out and just check on it or ask someone else to check in on that. i do think there are lessons for us as nei

carol: what will i pay jason and the dishwasher? jason: i thought i was a cook.: jason is doing at all. >> that is actually, there is an issue with pared. hour and mostn people in the kitchen are not getting paid that much. jason: interesting point, let's say i have a dishwasher for carol. i'm in the kitchen and my buddy does not show up. i shoved my job. she goes on the app, recently in, and i learned that this guy is getting 20 bucks an hour but only getting 15 or 16. >> you take your apron off and say i'm out of here. ,here are some things going on you are getting your taxes withheld on the app, succumbed ,pril 15, you have a big bill but it could definitely cause problems in the kitchen and people are comparing salaries. apps, haveking of you heard of kids singing and doing jumping jacks? carol: we will introduce that cars showed off at the auto show this week. carol: welcome back to "bloomberg: businessweek." jason: you can also listen to us on the radio on sirius xm channel 119, and on a.m. 1130 in new york, 106.1 in boston, 99.1 f.m. in washington, d.c. ca

jason: i am jason kelly. "bloombergme businessweek" everyday on the radio from 2:00 to 5:00 p.m. wall street time or our daily show by listening and subscribing to our podcast on itunes, soundcloud, and bloomberg.com. carol: or find us online. jason: india is pursuing the most ambitious public health effort in history. prime minister modi hopes to give basic coverage to 500 million of india's poorest. carol: an ambitious program, and to make all of this possible, the founder of the world's cheapest hospital chain will have to cut costs further and that keep on cutting. i talked to reporter re: allstateari. ari: the doctor is a pretty remarkable individual. born in india and trained as a cardiac surgeon in london, where he noticed that they could do a lot more heart surgeries in a day than anyone can do anywhere in india. so he decided, i would go back to india and see if i can at least replicate that. once you get that at a hospital in calcutta, he's on pushing himself more. various departments he was hired a

jason: i am jason kelly. carol: in this week's program why economists have such a hard time forecasting recessions. it is not easy. jason: plus japan schools the world on how a wealthy nation can maintain its superpower status. carol: the international cover story, the greatest delivery empire on earth. jason: we are talking about a company in china. it has been cheaper to order in than to go out and reshape life in china's cities in the process. carol: we talked to the editor about the story. >> the 450-year-old founder of may twan tried to build social networks, a sort of facebook look alike and something that looked an awful lot like twitter with a handful of co-founders and after first blowing through the early stakes from friends and family and then suffering crackdowns from the chinese government decided to try to do something less potentially controversial. thanks to early investment by jack ma to sort of take the lead in what was known for some time war in undred groupon china. carol: he gets investme

jason: i jason kelly.arol: in this weeks program, why economists have had such a hard time forecasting recessions. plus, japan schools the world on how about the world on how a wealthy nation can maintain its superpower status. carol: and -- the international cover story, the greatest delivery empire on earth. jason: we're talking about a company in china. to orderit's cheaper in that order out, and reshape life in china in the process. founder first-old started trying to build social networks in china. iendster or facebook look-alike, and something that looks like twitter. with a handful of cofounders. after first blowing through the early stakes for friends and family, and then suffering crackdown from the chinese government, decided to try to do something less potentially controversial. they have spent heavily thanks to the early investment by ma, to's founder, jack take the lead in what was known for some time in the hundred coupon more in china. carol: so he starts this company, gets investment from j

jason: welcome back to "bloomberg businessweek."elly: you can listen to us on the radio on sirius xm channel 119, and on a.m. 1130 in new york, 106.1 in boston, 99.1 f.m. in washington, d.c. jason: bloomberg business app. -- a.m. 960 in the bay area, london on dab digital, and through the bloomberg business app. let's go to economics. amsterdam homebuyers are complaining about brexit. an influx ofis jobs from london, but also wealthy newcomers driving up home prices. we got more from our after -- editor. >> they are one of the quote unquote lucky countries getting an influx of jobs because of companies leaving the u.k.. but answered them, is not very amsterdam, like many european countries, is not big, and already has a housing deficit. we have some new residents coming in and it is beating up a housing market that has been up 80% over the last four years. kelly: that's what's great about the story, you talk about different individuals looking for homes. >> it's a horror story. kelly: exactly right. >> some places are giving people

what drove jason dalton to commit these crimes?no one in this entire country will ever forget is a killer who says he was motivated by uber. >> i know you guys are going to have a hard time believing this, but it literally took over mind and body. >> the uber app? >> yes. >> it made no sense to anyone that the uber app would take over him and force him to go on this shooting spree. >> this is the app as it looked in 2016 when jason dalton was driving for uber. >> reporter: this is the driver app, right? >> yes. >> he remembers seeing the symbol of the eastern star, and that started this whole thing. >> are you talking the eastern star like the masonic eastern star? >> yes. >> reporter: jason dalton talks about the eastern star. could this have been the eastern star? it's a hexagon. >> i mean, it is a hexagon. i don't know. i guess this part, i think, really looks like part of the eastern star. >> reporter: these are stars, right? i mean, they're triangles. >> i think it's kind of like one of those mind games where you see what you

but jason, doesn't she have a reason to? just needs to smile more. >> jessica: she needs to be more likable too. >> harris: remember, just wearing the heels and the firestorm that created, the media has been unfair to her haven't they? >> jason: jessica with all do respect -- she should be more likable, that is just so unfair. >> jessica: that was a joke what people said about hillary. >> thank you. >> harris: there is something going on, happy birthday to the first lady, god bless you. it is also our birthday. five years ago on a monday, april 28th, and i know today is the 29th but you know how things work, the calendar and all. not exactly new contact. we came out with a show and people just loved us from the beginning. and we are so blessed for that. we've had people on the couch today. we have had celebrities. we've had pat benatar and her husband at one time. that was cool. there you go. we've had jessica tarlov, congress people before and after congress. >> jason: you've had phenomenal success a good, vibrant show. you

it's ironic, jason. the majority now for the first time really in the last two decades of the world's 2.5 billion christians are not in europe or the united states. people much poorer than we are in africa or asia and latin america and south american, they believe they have hope in conditions far less free than our own. we have freedom and affluence and we abuse that and lose our faith. >> jason: i appreciate your thoughts on that. i also want to get your thought on this. i want to play with you -- played this video for you. it's an nbc news reporter confronting mr. mueller outside of a church on easter. watch this. >> we waited for him easter services, tried to be as respectful as possible. you testify before congress, sir? >> no comment. >> you sure about this? >> no comment. >> why didn't you make a recommendation to congress? >> it's accurate to characterize director mueller as being tight lipped in response to my questions. >> jason: they're laughing at the end of that. what are your thoughts? >> ye

jason: yeah.obert: yeah, we were talking last time before about how some of the histories only now are emerging for the young filipino-americans and everything. and also how poetry, i mean, when people really look at it, it's really lyrical. it's really, i mean, you know, your favorite songs are really poems put to music and things like that. so, and you'ls and speak up, right? jason: i'm trying to, you know? i mean, like for me, a lot of people created spaces for me when i was in, you know, my 20s and just starting out as a poet. and so, now that like i'm older, you know, i feel, you know-- i mean, i feel honored that i get to do kind of the same, you know, for other artists, you know, who were coming up like i was. robert: putting you a little bit on the spot, but you know, for a lot of people poets not they don't know.tow, cause can you give us a little demonstration of what you do and we'll just let you do it right here. jason: okay. well, guess i'll-- robert: you're going to stand up? okay. j

i'm jason chaffetz in tonight for sean.t's a good day for president trump, and a great day for america. the witch hunters over. there was no trump-russia collusion! it was a giant, destructive two and a half year long hoax. the media's favorite conspiracy theory has been blown out of the water! so now they are shifting the narrative to another hoax surrounding phantom obstruction of justice claims, which, as mark levin pointed out this morning, is complete and total nonsense. watch this. >> obstruction was not the purpose of the investigation and he didn't have an obstruction case against the president of the united states or he would have brought it! i'm using plain english so even joe scarborough and jake tapper can understand this. volume two is crap. volume two was written for slip and fall lawyer nadler, slip and fall lawyer adam schiff. that is why he wrote it. he knew the media would run with it. volume one, mr. mueller should have come up to a microphone, six, 12 months into his investigation, and announced to the a

we also goodbye to jason and jason went home. immunotherapy drug. you've heard a lot about them now. it was an off label drug at the time it was not marketed for what jason had or even sold for raven available in any way they managed to get a dose. a couple of doses later his grip and woke him up, it was two weeks after he got the home to hospice. can you switch aside. she said get out of bed jason. your tumor has disappeared. these are pictures of what happened to jason's tumor after he'd been to home to hospice, 1w weeks, and mobilized, you get the picture. this is the point where i picked up my pen and i said i'm good buddies with this guy and i'm a new york times health and science reporter, forgive mailing language. what in the [bleep] just happened. what is immunotherapy. people began to write about that. but what is the immune system, what is this thing inside of us and how have we gotten to the point where we are tinkering with it. cancer is one of the world's leading killers. this is not a cancer story. nor the story of

jason: exactly. alix: serious cash out there. jason: $511 billion. thanks to bloomberg 's jason kelly. listen to jason on bloomberg radio from 2:00 to 5:00 eastern time. in a few hours, special counsel robert mueller's report will be released to congress in a compact disc. alix: they still have compact discs? [laughter] avid: a former southern district of new york prosecutor will be joining us. this is bloomberg. ♪ david: attorney general william barr will hold a news conference just about 90 minutes from now tied to the release of the 400 page mueller report. we welcome on the telephone jessica roth, law professor at cardozo law school and former attorney for the southern district of new york. we had this four page summary earlier. this is supposed to be upwards of 400 pages. what should we be looking for in this? jessica: the first thing i will be looking for is what evidence is set forth about russian interference in the 2016 presidential election. barr's four-page letter quotes mueller as seeing the evidence did not establish conspiracy between t

jason: viviana: anytime --jason: anytime. the other firms have gone up as well. the markets are saying if that works for blackstone, probably the other firms will follow. jason: that is on the retail side of the business. what about your limited partners? the pensions, sovereign wealth funds, endowments. a lot of them are here in los angeles for this conference. what is their biggest concern right now? stephen: i think the biggest concern are high prices. jason: high prices you were going to have to pay for deals. stephen: well, that everyone is paying as a result of markets going up. that is a concern. on the other hand, alternative class, private equity, real , has done so well for these investors over very time, andds of continue to increase their allocations. that is certainly good news for us, but it is a time where you need a little more caution for investing than when prices are lower. jason: if you look across the suite of products you are offering to investors, is there one that seems to be drawing a disproportionate attention from the big institutions r

jason kelly is standing by with a key voice in the world of oil. jason: thank you.y here with me from bp. a big earnings day. it all started yesterday. you are a global man. what was the key takeaway for you from earnings this quarter bob: this is the first quarter that earnings were down a little bit. earnings were smooth across the world. very pleased with the earnings. no real big surprises. fine. jason: steady as she goes. bob: one of the things we are always interested in is your trading business. we got a little bit of detail about natural gas. tell us what was moving there. in: we had a good quarter global oil trading, natural gas. lng prices were moving a bit. oil prices were very volatile. three or four days down, just on a tweet. there is a lot of volatility in the oil markets right now. everyone is waiting to see about either the extension or no extension of iran waivers. the market is not sure. extended, you'll see the price of oil dipped a bit. if not, it could drift up. jason: i know it is pretty guarded how the trading operation works, but what was dr

great job, great numbers last night. >> jason: thank you. it's an honor to do it, good to sit in for you on friday but laura, rest assured, she'll be back tomorrow. is that a warning or a promotio promotion? [laughter] this is my lap tonight. thanks, sean. again, i'm jason chaffetz. i'm in for laura ingraham. this is "the ingraham angle" from washington. a big show on chapter nine. steve scalise is here. he will break down how last night's democratic town hall about how the left wants to take away your rights while restoring them with some of the western route society. the

jason: they did. hometown but -- put a bit -- put up a big ill board that said -- billboard that said today we bleed green. jason: i had not heard that. david: pretty classy. many thanks to bloomberg's jason kelly who ran that brackets of the cause admirably. sign up for the balance of power newsletter. get the latest on global politics in your inbox every single day. coming up here, chairman and softbank coo marcelo chlorate joins bloomberg markets. latest discuss the investments in softbank's portfolio. bloomberg users will interact -- can interact with the charts showing on here on gtv go. catch up on key analysis and save charts for future reference. this is bloomberg. ♪ e. this is bloomberg. ♪ mark: i'm mark crumpton with bloomberg's first word news. attorney general william barr has a timetable for releasing special counsel robert mueller's pressure report -- russia report. , i will be in a position to release the report to the public. and then i will engage with the chairman of both judiciary c

thank you, jason and kate. goodbye.on — with arsenal and chelsea winning in their europa league quarter final first legs. arsenal will take a two goal advantage to napoli — while chelsea needed a late goal in prague, to get thejob done. patrick gearey reports. you can go so far undercover in the europa league, but there is no hiding in the quarterfinals. arsenal‘s opponents, napoli, are second in the league. no mugs, despite how they were made to look in the first half. the boys from italy one down to a man who‘s soon after italy. to a man who‘s soon off to italy. aaron ramsey signs forjuventus this summer, how they will miss him. arsenal were rampant, when napoli finally got something in the way, this happens. lucas took the shot and the credit, but the touch was inadvertently important. his goal keeper‘s fingertips would be equally crucial. alex stood the tide, somehow denying arsenal of the goal which might settle this quarterfinal, and it still needed settling. arsenal‘s away record is patchy to say the least. napol

. >>> my name is jason clark.i did just over 23 years in prison for second-degree murder on a sentence of 15 to life. and i paroled on election day, 2016. ♪ >> so, big day that's going to happen soon. i just wanted to kind of talk with you about it. you kind of had a tough upbringing. >> right. >> but we were both "star wars" geeks. >> right, right. >> as kids. >> a little but, yeah. >> little bit. >> how do you go from being this kid looking at "star wars"like millions of others to become in prison? >> i was born in oklahoma, but shortly after that my mother moved out to california. my understanding was she moved back to california to return home to her parents, which she wasn't allowed to return home with me and so she left me in a motel room when i was around 6 months old and that's when i went into the foster care system. it was different families. no stability. it was just bits and pieces of different families, and when i was 16, i went and lived on the streets. the drug use became really rampant. that's when

>> jason: i would agree many ways.ing is undervalued and we put a lot of value on research and in some cases research that people don't read. all of a sudden, teaching becomes a secondary aim of the university and up a lot of departments. i think that is problematic. and i also think a lot of people who are working to get a doctorate are also teaching a lot of the courses. you have a lot of young people who are being taught by people who don't have much more experience than them. and at the same time, there are people who are starting to get a doctorate sometimes don't make it through the program because they are working so much teaching the course. and something that needs to be done. a lot of people have said we need to unionize grad students, adjunct faculty so people can make a living wage off of what they do. >> tucker: it is interesting because i think we disagree on most political questions, but this is not sustainable. it is a scam come obviously. thank you very much for coming on. >> jason: thanks a lot, tucke

jason: remind people what that constitutes. merchant bank, one of the most successful iterations of that. you invest, you get some money. joe: we would like to put a new spin on the merchant bank. historically, people thought about merchant banking as providing advice, investing their own capital. we will add capital formation. i had a partner jointly who has expertise in raising capital in the markets. advisory, capital formation, and we will have direct investing. jason: what does this tell us about the state of wall street now? then we will get to the health of the equity markets. the way wall street is constituted. since 2000, 2001, and enjoy crisis, there have been lots of manifestations of business models. what about now makes this the right thing? our model is intelligent capital and tailored advice. our belief is there is always room on wall street for people providing smart capital and smart advice. if you look at boutique investment banking, for example, par to the financial crisis, accounted for 15 to 20% of the fee

jason: this is a really appealing investment. the insurance side of this, right? james: there is very little correlation between financial markets and extreme weather events, and so very large funds, hedge funds and others, have basically used the reinsurance industry for disaster risk as a hedge against financial markets globally. and that has just resulted in a, pardon the pun, flood of capital entering into the reinsurance market, which has made capital extremely cheap and has di incentivized a lot of providers from accurately pricing risk because it's not their money. jason: people don't necessarily think about these as investments, almost think about them as a piece of jewelry or -- it's a luxury item at the highest level. james: absolutely right. i don't think anyone buys a luxury item except for a new car thinking that it's going to depreciate in value by 30% and i

jason: this is a really appealing investment to let the insurance side of this. james: there is little correlation to financial markets and extreme weather events. very large fronts have basically used the insurance industry for disaster risk as a hedge against financial markets globally. that has just resulted in, part don the pun, a flood of capital entering the market. it has made it extremely cheap and also disincentivized a lot of providers from accurately pricing risk, because it is not their money. jason: people do not necessarily think of these as investments, necessarily, they almost think of them as a piece of jewelry, it is a luxury item at the highest level. james: absolutely right. that said, i don't think anyone item, except for maybe a new car, when you drive it off the lot, thinking it will depreciate in value by 30% or 40%. i think that's the much larger implication of this entire issue is that it could have a

jason: this is a really appealing investment, the insurance side of this. james: there is very little correlation to financial markets and extreme weather events. funds,very large sovereign wealth funds and hedge funds and others basically news -- use the insurance industry for disaster risk as a hedge against financial markets globally. that has just resulted in, pardon the pun, a flood of capital entering into the reinsurance market which has made capital extremely cheap and also has disincentivized a lot of providers from accurately pricing risk, because it is not their money. jason: people do not necessarily think about these as investments. they all want -- they almost think of them as a piece of jewelry, it is a luxury item at the highest level. james: absolutely right. that said, i don't think anyone buys any luxury item except for maybe a new car that they are driving off the lot thinking it will depreciate in value by 30%

that's jason and kate.re both in the air force, majors in the air force, stationed in colorado. [cheers and applause] and they have no idea we're watching them. they can't hear us right now. and our plan is to make their wedding night even more special than it already was going to be. let's break in now to their wedding. hello jason and kate. hi, jason and kate. hi, there. hi, guys. [cheers and applause] how are you? i'm jimmy kimmel. i'm doing a show from the zappos theater right now. we're very close to you. congratulations. >> thank you. >> jimmy: sorry to interrupt. what were you guys doing? >> we got our family here. we're like, getting ready to get married. >> jimmy: i was wondering if i might step in and you might let me preside over your ceremony. would that be all right? >> uh. sure. >> jimmy: okay. roland, that's okay with you? >> that's okay with me. >> jimmy: don't worry, i was an altar boy for many years. i know how to do it. we are gathered here today in this most sacred place, planet hollywoo

jason, immune system did not work enough these women it was overpowering.e even now she was a professional golfer she is fairly well remission this is why her hand can look like on a typical day from inflammation. so the last character i chose in the book is the most marvelous one with too little and too much you are looking at a man with an extraordinary immune system. so extraordinary that the national institutes of health study it to understand why it is so perfect. what is the evidence? halloween night 1977 he was infected with hiv. later he did the forensics to support that he never had the symptoms or aids he is the elite controller and does something very few human beings are able to do is one of the most devastating plagues that has hit humankind. it is devastating because that attacks the immune system with the retrovirus that is so nasty and mean and mutates and it kills and kills he has buried so many people this is bob who was with us today he is with his husband he teaches us a lot about the immune system. so i mentioned what the immune system

and jason is an old i.r.s. employee will tell you, that real estate on that 1040 was some of the most important real estate in the country. if you were on there, by taking it off and sticking it elsewhere, it's really made problems for folks. this is a perfect example. i use a commercial product, and it asks, you know, i prepared a return, someone else was returned, i guess. and it asked, are you getting retirement? so somewhere in that new system, in those schedules that go behind it, there is a box there, apparently, because you can say, you know, i am a railroad retirement, which means part of it is not taxed and it's taxed differently. but if you're trying to sit down with a paper form, i think you're going to have some problems. >> we have not made the system so complex, that the vast majority of people have to use paid preparer software, whether it's an accountant, lawyer, h&r block. do we want a system where you can no longer do your taxes on a paper form? the i.r.s. wants to process electronically. but

jason, do people get this?uld there be some warning label that comes with these devices even perhaps letting people know, here's how the technology actually works? >> i would say the defaults matter and that what -- if i was jeff bezos right now i would default all alexas to have this feature off, the training data feature off and then i would allow people to opt in to it and give them something in exchange for opting in for training it. we're all being opted in to a great security and privacy experiment but we didn't actually sign up for it explicitly. it's buried some where in the terms of service. you'd have to be pretty naive to think that this couldn't be hacked or it hasn't been hacked and, you know, the more important you are and the more important the information you have, whether you're a celebrity or a politician or a ceo or an investor, you know, the more of a target you are and it sounds crazy to think that, you know, investors or ceos might be targeted or celebrities, but look, everybody's iphones

life, lived jason's way. chase. of what's yours. >>> in the north bay, two kayakers stranded for two hours in frigid waters after capsizing. >> the kayakers called 911 after capsizing near richmond bridge last night. the coast guard, chp and four different fire agencies launched search and rescue teams. this is infrared video provided from the helicopter. the kayakers were found two and a half miles away off the shore of tiburon. the crewke eyel saved their lives. >>> that he hadding while drunk. that's what a bicyclist was doing across the golden gate bridge but the bicyclist was not on the bridge's path. drivers called 911 after seeing him in the northbound lanes. that's illegal, too, just lying driving under the influence. you're looking at a photo the chp shared after stopping him in marin county. the seeing ycyclist then failed sobriety test. >>> a report by usa today says federal prosecutors have indicated in court filings there are more cases in addition to the 50 people charged last month. we know numerous b

u> reporter: the couple settled in the suburbs of winston-salem with jason's children.thingsegan to anher, con >> i dit was g at ms a and shughteri inteed i reporter: just hours after they beat jason to death, molly and tom told investigators they acted in self-defense. >> he's got molly by the throat. >> i was screaming, "help," and he was screaming, "i'm going to kill you." >> reporter: father and daughter went on trial in august 2017. they were found guilty and sentenced to 20-25 years in prison. but the case was immediately placed in jeopardy when the jury foreman said this while leaving the courthouse: >> we didn't discuss the verdict, but in having private conversations, everybody-- we could read that everybody was going in the same direction. at iyss jur: the defense has misconduct-- discussing the case prior to deliberations. hnd still ahead, a stressful hospital stay, then the shock of tesurprise medical bill. we'll tell you how some states are helping with that. she can stay with you to finish her senior year. things will be tight but, we can make this work. ♪

thank you, jason and kate. we look forward to you being back at half past 11. make a lot of difference. and in fact, we saw that today in highland in scotland — some blue sky and sunshine and some warmth with 14 degrees. some lovely sunshine across the east coast again, but with that nagging easterly breeze, another chilly afternoon. scarborough, just a maximum of eight celsius today. and that's because we start this influence of high—pressure driving in this easterly feed, a cold source, but at least it's keeping weather fronts out in the atlantic — for the time being, at least. and so over the next few days, we keep that colder theme going. and in fact, the air will come slightly drier and the winds will strengthen a little. so it may well feel a little colder still as we move into the weekend. but for friday, we start off with some clear skies overnight, and that's going to allow those temperatures through the centre of the country to fall close to freezing. a little more in the way of cloud and a few spots of rain into eastern scotland, and some thicker clo

>> well, jason, let's go back to the beginning. there's nothing about this investigation that was normal. it's an counterintelligence investigation that was made public. that never happens. a criminal investigation where you're presumed guilty. and you have to prove your innocence. remember, adam shift had evidence of collusion before the investigation began. remember 60 house democrats voted to move forward with impeachment before bob mueller uttered a single solitary syllable. so, that is -- that's not the justice system. that's a quasi political investigation. add to that, you're being accused of treason, a crime for which, by the way, you can be put to death. and make no mistake, that's what they were alleging, that candidate trump co-lewded with a hostile foreign power to impact our democratic process. that's treason. so that is what they accused him of. i don't know how you would react, jason, if you were accused of something that you did not do which mueller had said you did not do. somewhere between vigorously defending you