with the solarwinds attack, the attack on microsoft, and the attacks on critical infrastructure at jbs and gas pipelines in the u.s., we have seen a dramatic shift in temperature and understanding of the threat of cyber and cyberattacks on the u.s.. i don't think it had really captured the imagination of the public or the white house in years past. taylor: what about, like the colonial pipeline, perhaps demanding that you spend x percent of revenue on cybersecurity issues to make she -- to make sure you are up to date? >> for a lot of companies, they have been doing some of this. what it really does is move the needle for some of the smaller companies, especially in the energy sector. it forces them to reassess how they are spending. for years, the calculus for them has been, is the spending on new infrastructure worth it, or is the cost-benefit simply still leaning toward dealing with the cyberattacks when they happen and the cost of doing them? with greater attention on the cost of recovery going up, these guidelines will likely be welcomed as a necessary change. taylor: thanks for k

she was porter and her father jb pal turning off onto a side road and then stopping at a stop sign to get out of the car and change drivers for the ship that comes orangeville from oakland before they're able to deputies don't the campbell and lisa mcdowell turned on their lights porter's 2 daughters and knees all under the age of 6 were in the backseat. later body cameras worn by the deputies show than dozen porter later handcuffing her and shipping porter to the ground. >>using. >>body camera footage shows porter was eventually knocked porter spent that night in jail on suspicion of resisting arrest but she was never charged they took a piece of me. >>one that just really just shattered my faith in the system for those that can protect and serve, i know that officers that can protect and serve this put very bad image of what is supported and what is courage within the system supporter in pow filed a federal lawsuit on wednesday. >>against the sheriff's office, the 2 deputies in the county porter in pell's lawyer yes seen all madonna explains the constitutional violations alleged in

colonial pipeline, jbs.ursing cryptocurrency get involved and hackers using that to disguise their identity or disguise their trail. what is the next year -- what does the next year look like? >> i think it is going to continue to grow. part of the reason is everything we do is connecting to this network. 5g will increase it with a number of devices. this network is going to grow significantly. with it, there will be these gaps and vulnerabilities growing as well. we need to figure this out now and a train as a nation. i do like the way the administration has put together public private partnership and working together. we absolutely need to do it. we need to take it a step forward with our allies. when you think about this, that is the future where adversaries are going to attack us. you don't have to fly. don't have to bring an army in. you can let us in cyber. we need to be prepared for that. emily: we are in the middle of a historic moment. the united states has announced we have completely pulled out of

csx 2%, jb hunt up nearly 4% canada goose and poshmark are today's biggest losers both those stocks down more than 10%. dom? >>> let's get right to the big story of the day, inflation. the headline number is starting, consumer prices shot up 5.4% in july a closer look shows some key price gains are starting to slow down take a look at fruits and vege vegetables prices paid in july declined by .9% after rising. used cars and trucks, prices last month rose 2.2% after surging 10.5% in june. for the apparel side of things, prices were unchanged in july after rising .7% in june last hour, dallas fed president robert kaplan, known for his hawkish stances, says he's still concerned about inflation in the overall economy. >> the cpi number was probably consistent with our outlook. we're expecting these extreme moves, used cars, other items to moderate, but we're still expecting a broadening of inflation pressures headed into next year and our forecast for pc inflation next year is in the neighborhood of 2.5%. >> so, are we near an inflation peak and what does all of this mean for investors and c

is controlled by jbs. they own 80% of the company. they will buy the remainder shares.h shares up about 19% in the premarket. tom: this is important. we have a real equity we can we focused on this grateful market. let's rounded up to 4500. on bonds i have been a little off the mark. vishwanath tirupattur joins us from morgan stanley. what are you writing about this weekend for publication on monday? >> good morning, tom. i think what we are focused on is what i would consider a mispricing in the treasury markets. we think there is a big disconnect between what the fed is telling us, the treasury market is pricing for about the pace of future rate hikes. the issue is intensive. when rate hikes start, but the pace will be. what we draw from the fomc dot plot is the hawkish -- after the first hike that what is currently priced into the market. we think that needs to correct and that means interest rates have to go higher. jonathan: where? the front end into the belly? what portion has the biggest mispriced? vishwanath: it's in the five to 10 onwards. it is the biggest mis

infrastructure resiliency, where the biggest attacks have been on we have seen colonial pipeline and jbs, the meat producer. efforts for the government and the private sector to work together to prevent some major attack again. emily: you had a lot of high-profile folks at this meeting. any concrete action we expect to be taken as a result of this going forward? obviously the goal is less cyberattacks. rebecca: yes. unfortunately i think the meeting is wrapping up momentarily, so i really do expect a concrete announcement from the white house any minute. we have been given a preview that, like i said, it will be focusing probably on workforce development issues because they see the weakness there could be leading to some weaknesses in our cybersecurity across the industry. if we fill more positions, hopefully we will be more secure is the goal. and i think another initiative that was announced earlier this month is the joint cyber defense collaborative from dhs. and that have already announced a partnership with amazon, microsoft, and google, to work on joint cyber defense plans. so i th

they really want to take on tyson, not to mention pilgrim's pride, which is owned by jbs.hanks very much today wilson for that stock of the hour. coming up, we will discuss the impact of the $550 billion bipartisan infrastructure deal with the ceo of siemens usa. that is next. this is bloomberg. ♪ kailey: this is bloomberg markets. i'm kailey leinz with amanda lang. the senate in moving closer to passing the $550 billion infrastructure package. one company that stands to benefit from the bill is siemens. chairman and ceo barbara humpton is with us now. where do you think the biggest boom will be for your business? barbara: we are involved in so many aspects of american infrastructure. we are excited that so many of the initiatives we are interested in, including public transit getting ramped up, getting electric vehicle charging with the american jobs act, all of these things are great opportunities for the many men and women at siemens. amanda: one of the places that you could benefit, arguably, barbara, and infrastructure bill should focus because it is so ideal to spend

streaming business let's be clear, the paramount plus story has been impressive i love the fact that this jbh comcast, our parent company, is something that gets them into a bundling dynamic partnering up with other great content around the world and this is a story that i think a lot of the other streaming players will continue to do. i think you will see -- the great irony is as the cable and linear world tv blows up, you're seeing some of the same folks bundle together in control of their own pipes and streaming dtc. i like that story but i don't think it changes viacom/cbs overnight. i think the stock is dead money. not going anywhere near 100 any time soon. i'll probably eat those words, but that's what i think. >> just wait, guys -- >> can i just add one thing? >> yes, karen. >> via com doesn't think it's worth 100. it was delighted, delighted to sell stock at 85 they did a master full job. >> it's probably not far off where some company is going to develop a bundle for all of these streaming services by the time it's all said and done. >>> coming up on the show, don't x out of this sh

the colonial pipeline hack in may disrupted gas shipments all along the east coast and the jbs attackmporary shutdown of beef plants. google and ibm says that they would train hundreds of thousands of cybersecurity experts, planning to spend billions. apple said that it would encourage its suppliers to use multifactor authentication. and a majority of the businesses can't afford these vesinvestmen. so vulnerabilities are still there. a small er or mid-sized company may feel compelled to just pay the ransom because they can't afford the investments. >>> still ahead for you, former president trump now threatening to block house investigators from getting their hands on documents about the pro trump mob that stormed the u.s. capitol. what lawmakers want and who ultimately decides if they get it. that is next. ♪ music playing. ♪ there's an america we build ♪ ♪ and one we explore one that's been paved and one that's forever wild but freedom means you don't have to choose just one adventure ♪ ♪ you get both. introducing the all-new 3-row jeep grand cherokee l jeep. there's only one. hey lil

. >> c-span jb shop -- c-spanshop.org, is c-span's online store.our purchase will support our nonprofit operations and you still have time to order the congressional directory with contact information for members of congress and the biden administration. go to c-spanshop.org. >> house speaker nancy pelosi held a briefing with reporters this morning on the democrats' legislative agenda. from capitol hill, this is about 25 minutes.

in illinois, democratic governor jb pritzker has reinstated an indoor mask mandate for all residents regardless of their vaccination status. in texas, republican governor greg abbott has signed an executive order banning all government mandates on covid-19 vaccines, even the pfizer biontech shot, which was granted full fda approval this week. governor abbott's order came as texas hospitalizations approached their highest levels of the pandemic, with half of all intensive care unit beds occupied by covid-19 patients. the centers for disease control is warning against use of the drug ivermectin to treat covid-19 after the unproven treatment was widely promoted on fox news, prompting a surge of calls to poison control centers from people who self administer the drug. ivermectin is most commonly used to treat parasites in horses and other large animals. there are no randomized controlled trials showing it benefits covid patients. the arkansas medical board is investigating one doctor who says he prescribed ivermectin thousands of times, including on arkansas prisoners. texas's house of r

recent cyberattacks have hit infrastructure, including colonial pipeline and jbs, as well as microsoft and solarwinds. >> the reality is most of our critical infrastructure is owned and operated by the private sector and the federal government cannot meet this challenge alone. vonnie: u.s. secretary of state antony blinken says about 1500 americans are still in afghanistan. he says the u.s. is relentlessly trying to reach them but does not believe all of them wish to leave. evacuations must end within the next few days to allow enough time for remaining troops to pull out by president biden's deadline of august 31. blinken emphasizes the mission urgency. >> it is hard to overstate the complexity and the danger of this effort. we're operating in a hostile environment in a city and country now controlled by the taliban, with the very real possibility is an isis-k attack. vonnie: global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm vonnie quinn. this is bloomberg. shery: still ahead, western digita

>>footage from a solano county sheriff's patrol car shows porter and her father jb pal turning off ontoide road and then stopping at a stop sign to get out of the car and change drivers for the ship that comes orangeville from oakland before they're able to deputies don't the campbell and lisa mcdowell turned on their lights porter's 2 daughters and knees all under the age of 6 were in the backseat. later body cameras worn by the deputies show than 4 porter later handcuffing her and shipping porter to the ground. excuse me. >>body camera footage shows porter was eventually knocked porter spent that night in jail on suspicion of resisting arrest but she was never charged they took a piece of me. >>one that just really just shattered my faith in the system for those that can protect and serve, i know that officers that can protect and serve this put very bad image of what is supported and what does encourage within the system supporter in pow filed a federal lawsuit on wednesday. >>against the sheriff's office, the 2 deputies in the county porter in pell's lawyer yes seen on the donny exp

. >> those who have have a jb, get them off treatment, which is called therapeutic vaccination. it would be an incredible and all vaccine candidates up to date and large trials have failed today. however, as infectious disease doctor at ucsf. monica gandhi explains. there's no glimmer of hope. moderna will begin the first human trials of an hiv vaccine that uses mrna technology. >> the same technology to develop the effective covid-19 vaccines. she says this hiv vaccine is expected to work in the same way idea. mrna technology is to take a piece of the virus, you know, for covid it's the spike protein and for ha be it's a little piece of the hiv virus and you yourself make the protein. >> in your body which makes you have high levels of that protein. and then you raise an immune response against next month. moderna will begin the hiv vaccine trials and 56 adults ranging in ages from 18 to 50 years old. all of whom do not have hiv. >> the participants will test to combinations of the vaccine and be monitored for signs of immune response in any adverse effects this it when you've

. >> those who have have a jb, get them off treatment, which is called therapeutic vaccination. it would be an incredible and all vaccine candidates up to date and large trials have failed today. however, as infectious disease doctor at ucsf. monica gandhi explains. there's now a glimmer of hope moderna will begin the first human trials of an hiv vaccine that uses mrna technology. >> the same technology to develop the effective covid-19 vaccines. she says this hiv vaccine is expected to work in the same way idea. mrna technology is to take a piece of the virus, you know, for covid it's the spike protein and for ha be it's a little piece of the hiv virus and you yourself make the protein. >> in your body which makes you have high levels of that protein. and then you raise an immune response against it next month. moderna will begin the hiv vaccine trials and 56 adults ranging in ages from 18 to 50 years old. all of whom do not have hiv. >> the participants will test to combinations of the vaccine and be monitored for signs of immune response in any adverse effects this it when yo

she was kid porter and her father jb pal turning off onto a side road and then stopping at a stop sign car and change drivers for the ship that comes orangeville from oakland before they're able to deputies don't the campbell and lisa mcdowell turned on their lights porter's 2 daughters and knees all under the age of 6 were in the backseat. later body cameras worn by the deputies show than dozen porter later handcuffing her and shipping porter to the ground. >>using. >>body camera footage shows porter was eventually knocked porter spent that night in jail on suspicion of resisting arrest but she was never charged they took a piece of me. >>one that just really just shattered my faith in the system for those that can protect and serve, i know that officers that can protect and serve this put very bad image of what is supported and what is courage within the system supporter in pow filed a federal lawsuit on wednesday. >>against the sheriff's office, the 2 deputies in the county porter in pell's lawyer yes seen on the donny explains the constitutional violations alleged in the lawsuit cl

fight ransomware attacks after several high-profile hacks, including solarwinds and meat packing giant jbsome on the "newshour" many renters and landlords face an uncertain future as assistance money remains backlogged. why vaccination efforts for school children multiple roadblocks. efforts intensified to match people without college degrees with employers who need to feel better paying jobs, less much more. -- plus much more. >> this is the pbs newshour, from w eta studios in washington , and in the west from the walter cronkite school of journalism at arizona state university. amna: now, to the u.s. southern border. the supreme court ruled against the biden administration in its attempt to end the trump-era "remain in mexico" policy that forced migrants to stay in mexico while seeking asylum. while its future is unknown, another policy to rapidly expel migrants during the pandemic remains in place. we check in now with robert moore, founder of the non-profit news organization, el paso matters. welcome back to the newshour. thanks for making the time. just explain to us the supreme court

for example, wall street bets on reddit is sky jb rocketing, including 10.7 million people. of course, journalists, as well. the propensity to gamble grows when everyone can see your stock pickings online. there is an upside finding others with similar interest and a rise in market participation, kelly. >> it's the blessing and the curse. you have a herd, but then, you know, you're encouraging each other. what about spax? i was reading about how this investment vehicle is leaving some newer, younger investors feeling burned. >> the credit goes to institutional investment for this story there was a piece about investors who lost millions on bill akman's spax. many didn't know what they were buying into, but it didn't stop them from rushing into this new financial vehicle. a-rod, cierra, many are posting their own spax bill ackman fan pages. the sec lost the spax, and retail investors lost big. many wanted on the action, increasing risk by borrowing on margin or buying cheap, risky call options didn't always result in stellar returns returns. in this piece, one guy said tradin

. >> those who have have a jb, get them off treatment, which is called therapeutic vaccination.nd all vaccine candidates up to date and large trials have failed today. however, as infectious disease doctor at ucsf. monica gandhi explains. there's now a glimmer of hope moderna will begin the first human trials of an hiv vaccine that uses mrna technology. >> the same technology to develop the effective covid-19 vaccines. she says this hiv vaccine is expected to work in the same way idea. mrna technology is to take a piece of the virus, you know, for covid it's the spike protein and for ha be it's a little piece of the hiv virus. >> and you yourself make the protein in your body which makes you have high levels of that protein. and then you raise an immune response against it next month. moderna will begin the hiv vaccine trials and 56 adults ranging in ages from 18 to 50 years old. all of whom do not have hiv. >> the participants will test to combinations of the vaccine and be monitored for signs of immune response in any adverse effects. this idea it when you've already started p

your world, altered the way we look at equity markets this isn't 10 or 15 years ago -- you back then jb i'm going to tell itt you told stocks now you doesn't have to do that. you can do the hedging in the options market. >> right. >> how much has that change the volatility and all the historical averages we talk about? >> well, i think it's definitely had a monstrous influence. sully, i always go back to the financial crisis and say, you know, when they removed leverage from the markets where is leverage in the derivative markets that's where you get leverage you can hedge off a options contract with 10 options contracts. that's what we're talking about right now and some of the muted moves as well because people are coulding this, getting educated or more educated all the time. the derivatives markets -- sully it used to be unbelievable if we had a day over 20 million contracts just two or three or four years ago that was huge now we're doing 35 million to 45 million in a single day. and it's- stacie tarting to feel the norm. >> wow. >> i don't think this is a trend slowing down i thin

what is jb doing differently than alibaba and tencent?n the same boat, under the regulatory framework, the crackdown, there are so many questions left to be insert on the regulatory front. that does affect a company like jb.com, which is smaller, still huge, but a smaller competitor to alibaba. they have not been singled out or targeted in the regular tory framework. when the net is cast wide, on issues like data security, anticompetitive behaviors and the like, they are going to be caught in that net. the stock is down about 40% from the february peak. they happened to have their big annual shaaban festival, equivalent to a single day in november. the june 18th festival, they got a big surge in transactional volume, which saw the revenue jumped 26%, which was more than forecast by the analysts surveyed by bloomberg. it was also the slowest pace of growth we have seen from jd.com since china emerged from the pandemic lockdown last year. some good and bad, but they got a big pop up. there's going to be regulatory overhang going forward for

recent cyberattacks hit infrastructure including colonial pipeline and jbs as well as microsoft and solarwinds. antony blinken says 1500 americans are still in afghanistan. he says the u.s. is relentlessly trying to reach them but does not believe all of them wish to leave. evacuations must end within the next few days to allow enough time for remaining troops to pull out by a president biden's deadline of august 31. lincoln emphasizes -- >> it is hard to overstate the complexity and danger of this effort. we are operating in a hostile environment in a city and country controlled by the taliban with the very real possibility of an attack. vonnie: israel's new prime minister will oppose u.s. led efforts to revive a defunct iran nuclear deal during his meeting with his president at the white house. he communicated this. in a new york times interview, he says he will assert his country's intention to continue attacks on tehran atomic program and he also says his coalition government will not reach a peace agreement with palestinians. global news, 24 hours a day, on air and on bloomberg quicktake,

which they are used to help critical's with cyberattacks, like the attack on colonial pipeline and jbs. but there is another piece too, the efforts of environmental impacts of the computing activity used to mint many of these digital currencies in the first place. bitcoin consumes more energy than entire countries. and it is projected to consume as much energy as all the data c enters in the whole world this year. one bitcoin transaction, a single purchase, sale, or transfer, uses the same amount of electricity as a typical u.s. household uses in more than a month. >> whoa! sen. kennedy: can you say that again? chair warren: a single bitcoin transaction. that is one purchase, one sale, or one transfer, uses the same amount of electricity as the typical u.s. household uses in a more than a month. i think the estimate is 53 days. sen. kennedy: wow. chair warren: yeah. so, dr. narula, can you explain what cryptocurrencies like bitcoin eat up so much energy? dr. narula: certainly, senator warren. what i think is important to note here is at least from a computer science perspective, bitcoi

there also people at jb morning and -- morgan saying this is business as usual. rishaad: goldman and the others as well. let's have a look at what is going on. here we go. taiwan market up over 2.3% at the moment. looking at also a broad-based move to the upside. reflective of what is going on in the greater region here as well. elsewhere, the dollar is pretty much stable. just looking at these yields. not moving that much over. looking at all this and seeing haps what happened on friday. we got jerome powell who got a bit of a thumbs up who's predecessor at the fed, janet yellen gave him the thumbs up and was in favor or is seemingly in favor of keeping him on for another four-year term. that four-year term ending in february. we got that debate taking place. what do we have with regards to that? yvonne: one story we have been tracking is this a share that was announced or launching for the hong kong exchange. this is what we are seeing with that stock gaining as much as 6% here in hong kong. goldman upgrade the stock to a buy as well. we talk about singapore fu

the solarwinds attack, what we saw in the attack on microsoft, what we see in the colonial pipe, on jbsion site-like atatacks on our country. the problem i had when i ran u.s. cyber command, i couldn't see attacks on private sector. our government is here to defend the nation, but we couldn't see it somebody has to build that picture so the government can see those attacks in time to stop them. not respond after the attack, but to prevent the attack. you bring out a great point. especially in warfare, when you think about what happened in world war ii, it was pointed out that the rule of air power in world war ii helped change that. that and enigma. now look at the future what's the future? you hit it exactly right cyber. our adversaries are going to use cyber to go after the areas where we are most vulnerable so this really requires that public and private sector to work together to train together and toactually present that capability to protect our most valuable resources our intellectual property. that's what we need to do. >> general, a question about the company itself 93% of your

maria: more of my exclusive interview with jb morgan chase ceo jamie dimon later on this morning.ving forward on infrastructure, we're diving into what's next for the $1 trillion bipartisan bill, newt gingrich on the other side of this break. you're watching "mornings with maria" live on fox business. made to order or ready to go? with a hybrid, you don't have to choose. that's why insurers are going hybrid with ibm. with watson on a hybrid cloud they can use ai to help predict client needs and get the data they need to quickly design coverage for each one. businesses that want personalization and speed are going with a smarter hybrid cloud using the technology and expertise of ibm. nice bumping into you. i've spent centuries evolving with the world. some changes made me stronger. others, weaker. that's the nature of being the economy. i've observed investors navigating the unexpected, choosing assets to balance risk and reward. and i've seen how one element has secured their portfolios, time after time. gold. an element so agile and liquid. a proven protector. an ever-evolving en

colonial pipeline and the meat supplier jbs are just two examples spotlighting a big problem for corporate story. eamon, it's the end of a weekend. the next one will come soon enough. >> joe, even as american companies are getting clobbered by the hackers, they're struggling to find enough people to defend themselves demand for cyber workers hits an historic high according to psych ber seek there were more than 183,000 job postings for cyber employees that's an all-time high. of those well over 700,000 jobs were in government and more than 175,000 were in the private sector last weeklawmakers on capitol hill lamented this shortage saying it's hurting america's ability to defend itself the situation is even worse for the federal government which has to compete with the high paying private sector employers >> computer scientist graduating college with a four year bachelor's degree can earn $100,000 the entry position in the department of justice is $63,000. we can't insenttive advise that year over year. >> there aren't a big enough pipeline going into cybersecurity careers which can be a la

>> here's the story, jbs, they want to buy the remaining shares of pilgrim's pride for 26.50. of a new -- well, they hit a new all-time high, 292 today. so, yes, your company -- [laughter] stuart: my company? i wish. >> well, i say that because every time microsoft does really well, we get an e-mail from one of our colleagues that says stu's beloved microsoft. just hit another high. [laughter] so i answered that e-mail back, and i said, well, how many is it now? stuart: it's gone straight up. >> like, every other day. stuart: charlie brady is the guy who's always referred to it as my beloved microsoft. well, yeah. i amarather keen, very fond of this company, got that tell you. let's look at disney. now, we got the blockbuster earnings report, we told you all about that. but they head this call with the -- held this call with the with the analysts. anything new? >> they're experimenting with new and different ways to release movies to pack a bigger punch. so "black widow" was simultaneous in theaters and on disney plus. they have a new movie coming out that's going to be exclus