bill is retiring this summer and rumored that john williams was in the running. we now know he certainly was. let me remind everyone why the fed's position is important. first among equals. among the presidents 12 rotate devote every year.

what does john williams bring to the table?ok. he is a phd economist from stanford, spent a month his entire career at the fed, became president of that bank in 2011, had the r-star neutral rate. a proponent of rethinking inflation target. not a banker, so how will the oversee big banks? he lacks market expertise, which could be important, as it was during the financial crisis, something bill dudley was lauded for. jay powell is very important in he sees williams potentially as someone he has worked with for the past five years who will be a strong, confident advisor on monetary policy. yvonne: given the fact that there was\leading up to this decision on a lack of diversity, what is the reaction been so far? praising jay powell john williams for his insight and wise guidance, alluding to their time on the fed board of governors. janet yellen strongly supports john williams. he succeeded her at the san francisco fed, pushing for quantitative easing when it was controversial and first needed. why is the controversial? he is anoth

john williams were placing bill dudley, retiring. the new york fed has come through with its selection. let's remember why the new york fed is so important, why there is so much focus on this appointment. new york fed, first among equals. the new york fed is a permanent voter on policy, the others alternate vote on the fomc. vice chairman of fomc, much closer as advisor to the chair, which bill dudley certainly was to janet yellen. overseas big wall street banks and conducts open market operations.

john volumes. at the san francisco fed is where williams was before he became president. that people say is a strong candidate phil john diversity aside, this is what people care about, interest rate hike, right? kathleen: is he a hawk, a dove, or a centrist? some things. let's take a look. he's in favor of three or four interest rate hikes. it kind of makes him a centrist. we have seen here on daybreak a stronger before. a former fed economist. he things williams is pragmatic. he push for quantitative easing and aggressive measures in the crisis as the economy strengthened and inflation, he push for interest rate hikes. if you look at his view of the neutral rate, maybe it is lower than people think. so he thinks that rates are going to stay lower for longer also because williams has mentioned that inflation goes above target if he needs to. chris think maybe it will be easier. as president of the new york fed, he will probably have even more influence is a thought leader and as a policy leader than he has had and all of the previous years. a very important and very inter

is amazing, every movie soundtrack that i love happens to be john williams so what is that sound?n is a superb composer who has composed scores for over 60 years and has defined the medium. his sound is the big things we know like superman, star wars, indiana jones, but the other secret is that john can write any emotional context or location. his music takes you there. >> in the scene where et is in the bike handlebars and elliott is pedaling across the moon. we just heard a small sample and now i would like to bring in kevin the principal french horn. the sounds specifically of the french horn, it can be melancholy or hunting. why did you choose this instrument?>> well, i was in the band and unless i was the one who played the french horn which was in the closet for 10 years so i did play it. and here i am.>> so will you indulge me in this? i would love to hear some snippets of what you are bringing to the audience. some of the most recognizable passages. >> one of the things is that john uses themes for each character so you can tell what is happening. >> for instance the main

john williams has been named the new boss. lliam dudley making him a part of jerome powell's leadership team. in the u.k., today marks the deadline for companies with at least 250 employees to report their gender pay gap's. -- 18%'s prime minister difference between female and male earnings. theresa may says the issue is one of the "burning in justices are go -- justices." in california, the woman who went on a shooting rampage at youtube headquarters was a video creator who criticize the company's policies. police have identified the suspect who shot and injured at least three people before killing herself. the local nbc news affiliates -- youtube channels that criticize the google video unit. global news, 24 hours a day, powered by 2700 journalists and analysts in more than 120 countries. you can find more stories on the bloomberg at top . a couple of hours until we hear from china about retaliatory measures from the tariffs. we heard the 1300 goods that were named by the u.s. which we .re going to slap tariffs there is m

john williams spoke yesterday. john: the outlook for the u.s. economy is very positive.to be as strong as we have seen in many decades and inflation moves into the 2% target. is for monetary policy to keep it that way. and this is never an easy task but we are well-positioned to achieve our goals and respond to unexpected twist and turns that may lie ahead. alix: jeanna smialek is still with us. what did we learn from the fed speakers yesterday? .eanna: we learned quite a lot what we heard from john williams is that he is confident the fed will hike above the neutral rate , which is a pretty big deal. we heard from john williams was a clear explanation of why they are thinking that. the idea is that they want to slow down the economy but not too dramatically. inflation hitting 2% in the next few months and staying there and overshooting slightly but he isn't concerned about the upside overshoot because he thinks it is a good thing and something you would expect. alix: what does it mean for gold? , not only higher overnight interest rates, but also a wider spread. and tha

jay powell praised john williams for his insight and wise guidance. janet yellen strongly supports him in this position for his advice in the crisis. it's been controversial, though. so many people are criticizing the fed for a lack of diversity. a woman?ut why not a person of color? and a pool ofttee 60 candidates, 30 of them were not white male economists. another part of the controversy is that wells fargo that had a problem is part of the san francisco fed district. the fed has oversight over wells fargo. people point out it is very complicated. there was some fraud involved, people did not know what was going on.

finding the man that killed corporal eugnee cole. >> reporter: a four-day nationwide manhunt for john williams is over. this video shows police escorting a shirtless and barefoot williams, who appears to have been covered by yellow fabric tied at the waist. >> he killed my deputy, eugene cole, and he was brought to justice using cole's handcuffs. >> reporter: law enforcement focused their search on 25 square miles and combed difficult terrain. police say after 29-year-old williams killed somerset county's sheriffs corporal eugene cole, he stole his police cruiser and used it to carry out a robbery at a convenience store. >> i said, "hey!" >> reporter: this woman said she found cole's body on her property. >> i said, "i found your officer. he is in my yard. >> reporter: kimberly sirois explained friday how she had taken williams in, beginning while he was in high school. >> he was struggling when he was here, and because i have children in the house, it was just not a good living situation. >> reporter: a makeshift memorial for cole is growing. he is being remembered for his music at this local

the nationwide manhunt is still under way for john williams, but investigators say they're right now focusing on a wooded area west of bangor, maine. williams disappeared two days ago after police say he killed a deputy, stole his car, and robbed a store. >>> american airlines is facing a lawsuit after a 25-year-old died on a flight from hawaii. brittany oswell suffered an

john williams is coming east.inning june 18. >> john williams is a widely respected monetary economist. he has been the president of the san francisco fed has a doctorate in economics from stanford. he is an expert in monetary policy but the new york fed announced that it was going to have a very wide, broad and diverse search for a different kind of leader and they ended up with another white male. that will be some question. but also, the committee says when you put up a list of the things that you need in a president, john williams stood out far and above all the other candidates. including in making diversity work. >> he pioneered the neutral rate concept which is key to monetary policy now, he has been looking at price level targeting for example. the biggest rap against john williams is he is not a factor. -- a banker. he lacks market expertise, his entire career at the fed or in academia and of course, this is an important position because the new york fed oversees these big banks. >> overnight, we had an e

should the market have reacted to john williams --? >> i would suggest not. 't change the monetary policy debate because williams has already been on the monetary policy committee since 2011. it gives him a permanent vote but doesn't change the input that he's been giving to the committee. we will wait and see who the san francisco fed brings in to replace him and that could be a different voice. we are still waiting for the president to nominate a vice chair and three other governors. shery: it's very interesting when we hear about john williams we hear that he doesn't have a bloomberg terminal at his desk which tells you a lot about how he does not keep up-to-date with market moves. how significant is that? >> i think he's going to have to change that because the new york fed deals with the markets every day. they are the people who fed monetary policy. his statement was basically trying to reassure markets that he wasn't making policy based on which way the wind was blowing. he was looking at the fundamentals of the economy. and he will still do that in ter

. >> we have john williams expected to take over.three of them, how is worried -- warranted? >> they are in charge of overall policy. john williams will the in charge of contributor of the new york fed because has an open vote in the market committee. he is also an intellectual heavyweight in terms of the fed. the chairman now has less monetary experience that we have seen in many decades. but he has two of the strongest fact that we have seen in a long time. aboutyou were to talk economic bias, where would you put him on the spectrum? >> he sort of in the middle. he worked on the bush administration as the chief economist. he is known as a pragmatist rather than an ideologue. he looks at what is best for the overall economy. and through the filter of modeling. that is a little less ideological from someone coming at the economy from taxes and spending are the best policy to pursue. >> we heard mr. john williams, right now the current president of the dead. they have been on the same path. stock could remain relatively low levels. >>

of theand the new ceo new york fed is going to be john williams, we have michael mckee, senior economicsspondent here. >> it is not a surprise because the name had leaked but it is a different name. john williams is a widely respected economist and has been president of the san francisco fed since 2011. he has a doctorate in economics from stanford. janet yellen's research director when she was the president of the san francisco fed and worked with her on the board. he is an expert in monetary policy. but the new york fed announced it will have a wide and broad and diverse search for a different kind of leader and they ended up with another white male, and that will raise questions. david: those names included women and people of color. >> there is no way to block the appointment, he has been approved by the board of governors in washington and will take office in june 18. thatearch committee felt it would be important to have someone with a lot of monetary policy experience to help jay and is the new chair, not an economist, and it doesn't look like will get a vice-chairman for a long t

because of john williams tulips blossomed in every apartment building. he changed the advertising mode for apartments. he called them apartment homes because he wanted his apartments and rent units to be looked upon by the people who lived there as their home. he sold that concept and built that concept and replicated it over and over and it became the standard in georgia and i've traveled the country and it's the standard all over the country in terms of apartment houses and landscaping for major commercial properties. he was a great entrepreneurial building two great companies and helping thousands of other people in many other ways to build their companies. a great father, a great husband, a great family man. his wife nancy a wonderful first lady in our community, parker, sarah brook, jay, his children great contributors to our community. all knew how lucky they were to have a great father. he's a great sportsman. when i say a great sportsman i mean a great one. he built ranger, one of the biggest yachts in the world and sailed the world on that yacht

. >> reporter: tonight, with the manhunt for suspected cop killer john williams intensifying, news of a possible motive. williams on the run since wednesday, suspected of killing corporal eugene cole and stealing his cruiser. caught minutes later on surveillance video allegedly robbing this convenience store. sources say corporal cole may have been targeted after he was involved in the arrest of williams' girlfriend last weekend on drug charges. the fbi releasing these images showing the 29-year-old's extensive body tattoos. >> if john williams is listening to me, i would like to address him directly. we will do anything to resolve this situation peacefully. >> reporter: some residents in this rural community are arming themselves in case they come in contact with the dangerous fugitive. >> he's probably got more to worry about from us than we have from him. >> reporter: the funeral for corporal cole is next week. >>> and the medevac chopper going down in the woods. here's david kerley, on the often risky emergency missions. >> reporter: tonight, investigators are in this wooded area

john williams, caught after four days on the run. here's linzie janis. >> reporter: this photo of suspected cop killer john williams, his head forcibly raised, taken within moments of his capture by law enforcement officers in maine. >> he would not raise his head to the camera, so we simply raised his head so we can take a picture and get it back to confirm his identity. >> reporter: authorities escorting an emaciated looking williams out of the woods where he was hiding, now revealing they had been tracking him for days. >> throughout the week, we found tracks that appeared to be fresh. >> reporter: more than 200 officers from 28 agencies searched rugged, wooded terrain on foot, and in the air. a seven-man team eventually discovering williams near a campsite saturday afternoon, just four and a half miles from where corporal eugene cole's body was found. police say williams killed corporal cole early wednesday, just days after the deputy was involved in arresting williams' girlfriend on drug charges. tonight corporal cole's family a

the wonderful london symphony orchestra to start off the festival they are treating us to some john williams. huge we have a fantastic bird's eye view over the lake fired up here i love it as head of music of the barbecue what is the idea behind this weekend's assign them down is a weekend of sixty call to over four hundred fifty performances and then on to the weekend is really about shine people that classical music has no boundaries it is limitless i'm really there's something for everyone so often there are so different calls it's going on at once and people have to make choices and they have to choose their journeys and everyone is having their own individual experience of this everyone is taking the own journey through this illness was incredibly exciting for us and i saw a tweet cooling due the woodstock of classical music which took a custom is it that made us so happy we felt cool about point but it really did get the sense that this is a weekend of celebration so we kind of it and formality it's a weekend of fun no performance really last more than about forty five minutes so peopl

you look for john williams for ideas.s considering now is do we don't the 2% inflation target and go to some other scheme? 2% isn't working. guy: to that point, the fed chair speaks in chicago on friday if my bloomberg is correct, which am absolutely certain it is. how much is what he's going to talk about going to revolve around trade? -- to this trade issue upset could this trade issue upset current thinking and models? michael: the trade issue could be huge and emphasize could because it down the road. it's a small part of both economies at the moment. if it escalates, it could be a big deal. if you are saying if, the fed cannot deal with it. it has to do with what it can model and anticipate. they cannot factor it into their considerations. it as something they are keeping an ion, but it will not influence the fed's monetary policy decisions right now. they are looking at jobs. friday is jobs day in the united states. they will be looking at incomes and whether wages are going up and whether we are finally getting an

john williams san francisco federal reserve president. hen you hear that it is at whaty natural, juncture does that move beyond normal? peter: i think williams is clearly -- what is he going to actually say? history shows that when the fed starts in a tightening cycle, the risk of recession increases exponentially. he is not going to play that in a polite setting. are moving up substantially. i do not think we will see a significant move in the long end that will reduce this flattening any time. i think the markets are significantly worried about a misstep. it has happened in the past. despite rea's -- reassurances, it is something that needs to be highly considered. anna: how do we factor in the question of tariffs? he was asked about this, and he says he does not seem too concerned. whether the tariffs imposed by the u.s. administration and that being inflationary. he says it depends on a host of matters. whether they are transitory. peter: if you start having tariffs, they are attacks on people, attacks on less discretionary spending, a

card from all of this we can cross live to john william louden who is a former republican member of the missouri senate and also tighe barry from code pink gentlemen this is an issue that has a lot of people in the united states on edge now for an international audience they might not. fully grasp of the situation so hopefully we can help them sort through it i guess what do you think is behind this plan is it in the security interests of the united states or is it just for a political show and i guess john we start with you. it's one hundred percent security any country should should be allowed the right to defend itself i spent the last six years living in california right on the mexican border i saw the influx i saw i saw illegal immigrants crossing and by the way i was in tijuana mexico enjoying a beer on the beach watched people cross over the fence they just crossed over they washed around in the waves around the fence because there are so little protection it's craziness i've seen it firsthand and by the way the people of california the elitists on the coasts are very happy to al

this photograph of suspected cop killer john williams taken minutes after law enforcement officers in maine found him in the woods ending a four-day manhunt. >> today is a very good day. >> reporter: a seven-man team of officers discovered williams saturday afternoon just 4 1/2 miles from where corporal eugene cole's body was found. police say williams killed corporal cole in the early hours of wednesday, possibly an act of revenge after the officer was involved in arresting williams' girlfriend on drug charges just days earlier, more than 200 law enforcement officers scouring rugged terrain across two states. the fbi even offering a reward. less than an hour before his capture, the sheriff reading out a letter from the slain officer's widow. >> i urge mr. williams to turn himself in or at least reach out to law enforcement. >> reporter: but authorities now revealing they had a hunch that the suspect was in this 25-square-mile wooded area the whole time. >> throughout the week, we found tracks that appeared to be fresh. >> reporter: now, with williams in custody, residents of the area

. >> the suspect, his name is john williams, he's been on the run for four days now. this as we're learning that the victim, the officer, may have been targeted for specific and personal reasons. abc's gio benitez is in studio with more. gio, good morning. >> reporter: dan, paula, good morning. a pretty stunning revelation. police now suggesting that the deputy's murder may have been payback. this as we learn the suspect might soon be interested in speaking with authorities. police warning residents that he's considered armed and dangerous. this morning, day four of the intense and urgent manhunt for a fugitive suspected of killing a maine deputy. investigators now suspecting a possible motive. 29-year-old john williams on the run since wednesday morning. when police say he shot and killed somerset county sheriff's deputy eugene cole stealing his cruiser and later seen allegedly on surveillance video robbing this convenience store. it turns out that just last weekend before the shooting, police say corporal cole was involved in the arrest of the suspect's girlfriend,

>> police on the lookout for this man, john williams.hey say the 29 unit guns down eugene calls in the early hours yesterday morning in maine just north of augusta. williams drove to a nearby convenience store and robbed it. police releasing this video capturing him from inside the stolen car. he abandoned the car nearby and has not been seen since. >> many times we say there was not an ongoing threat but that is not the case today. there certainly is an ongoing public threat. he is considered armed and dangerous. >> he had been on the force for 13 years, he leaves behind us on. >> he was an outstanding employee, one of the finest deputies you would want to meet. >> this attack a day after two officers were shot at a dallas home depot, one of them killed. he died from his injuries after police say armando warrants shot him in the back of the floor for trying to make an arrest. >> he was an amazing young man. is what the citizens expect. his family raised him right. >> the other officer is surprising doctors in her recovery after being sh

john williams plays down the inverted yield curve as u.s. rates gradually rise and the volatility trade. market buying opportunity for em stocks. this is bloomberg. loomberg. ♪ this is bloomberg surveillance, i'm mark barton in london. let's get the business flash with taylor riggs. taylor: hammerson has withdrawn its offer to buy intu properties. the initial bid of $5 billion had come as model owners had and focuso cut costs on premium properties. the decision was announced after click here denied its pursuit of hammerson, a deal that would have created one of the largest retail property owners in europe. -- for 42 euros a share. total says it will file a tender offer at the same price per share following completion of the 1.4 billion euro deal. it represents a 30% premium to closing prices yesterday and will add electricity and natural gas supply to total's core oil business. more thanis closing half its stores in the u.s. on may 29 for an afternoon of bias training. the move comes as a scramble to restore trust after the arrest of two gla

. >> thank you the new york fed announcing it has, has named john williams as the new president. he will take office june 18th taking over from bill dudley who by the time he leaves will have served about nine and a half years. a very important position at the federal reserve. the new york fed president serves at the vice chairman of the committee which sets rates among all the bank presidents, only one that votes at every fomc meeting oversees implementation of fed rate policy. fed says set the rate here the new york fed implements that many markets and regulates the big new york money center banks. he's been the san francisco fed president since 2011 he is the xwektive vp and research before that a quarter century at the federal reserve system pafd in economics. he has argued that the neutral interest rate is low and should remain low, but calling for three r or four hikes this year. big issue was about the effort to find a diverse candidate. they decided on somebody who has implemented a lot of diversity in his bank. criticized by senate warren among others for the wells fargo

police say john williams killed cpl.le in the early mornings yesterday morning, police all over the country warns to be on high other. >> many times we say there is not an ongoing threat but that is not the case today. there is an ongoing public threat. he is considered armed and dangerous. jillian: he was a 13 year veteran of the force and leaves behind a son. this attack coming one day after two officers were shot in a dallas home depot. he died from his injuries while trying to make an arrest. the other officer was shot in the face but surprising doctors with how she is recovering. little healthy evans still fighting for his life despite a last ditch effort to receive care at a vatican hospital. a uk court ruling against new arguments aims to overturn a decision preventing utterly out of her from leaving britain for medical treatment despite being granted italian citizenship. the 24-month-old was removed from life support monday but has been breathing on his own ever since. rob: gunships in syria facing the most aggre

on those grounds, john williams is a very good economist but he is not the kind of candidate. vonnie: who would have been a better candidate? josh: there is a coalition called the fed up campaign which is a coalition my institute is part of and we forwarded names of about seven or eight candidates who are qualified and not longtime financial industry insiders. i'm not sure most of the list is public. the one name that stands out was sarah bloom raskin who is a federal reserve governor for a while. she has a very wrong -- very strong record in standing up to the financial industry and enforcing regulation. vonnie: is it a time for continuity at the fed. served at theams san francisco fed under janet yellen. obviously we are into the powell era now, a lot of that continuity is necessary for this market. i don't know, when i hear continuity i also your status quo. moving williams from the san francisco fed to the new york fed is continuity, but you still have a vacancy to fill. it now just popped over to the san francisco federal reserve. even on that measure, this does not make

john williams.omberg scoop on the plan to differentiate design from apple in a crowded marketplace. u.s. markets close in two hours. let's get a check on the markets wi abigail doolittle. intra-day volatility. thedow and the nasdaq at lows, down about 2%. the nasdaq is briefly going higher. moderate declines from the major averages. investors uncertain about the possibility of a trade war between the u.s. and china. heads are prevailing and we are not alert -- looking at a true risk-off. the big question is what is next? you can see the start using g #9379, a one-year weekly chart. has been launched today. katie has an interesting call on the near-term and the long-term. here we are looking at the top 10. for the near term, there is a loss of momentum. could see more volatility. long-term, the indicator is suggesting the conditions are oversold. buyers, buy the weakness or hold onto core positions. as for what is moving in the market today, industrial names are really hit by the possibility of this

and the federal reserve bank of new york has appointed the next president he is economist john williams who currently has a scent francisco federal reserve bank where he's worked for nearly a quarter of a century mr williams is seen as an ally of new federal reserve chairman jay powell the new york federal reserve is the most important show and largest holder of assets of all of the twelve regional federal reserve banks the current new york fed chair bill dudley will leave in mid june when mr williams replaces him. and last month the co-founder of whatsapp brian acton expressed astonishment by tweeting it's time to hashtag delete facebook whatsapp has more than a billion users now however we learned that whatsapp which is actually owned by the parent facebook has a similar design flaw to facebook which places you to user data in peril whatsapp claims that they protect your messages photos. videos voice message documents and calls and they are all secured from falling into the wrong hands however when using what's app group chat user data can be harvested by anyone in the group including

a team following the selection of john williams as the next head of the central s new leadershipbank'sful n. trump announced the state bank commissioner michele bowman as the governor representing banks. julien, equity strategist at jpmorgan private banks. we are beginning to understand more. i think this is quite a significant proposition. this is a man who advised pimco, a phd. he was a full rate hike and bid man. himself and williams together, is that a dovish cocktail? how dovish is the fed becoming? julien: i think the introduction of those two individuals does not necessarily change the entire narrative from the fed. it has been on the steady path towards hiking. our view is we still have more rate hikes this year. four for 2018. the recent market volatility has not really changed the rhetoric from the fed, so i would not expect him to see a lot of rhetoric coming out of this panel based on the nomination of those two individuals. it is basically steady as she goes. anna: what would it take in markets to change that or an inflation? i have this chart, 528 on the bloomberg. quite

john williams is coming east to run the central bank.eginning on june 18, we are joined by bloomberg -- greatonal economics daddy with us. disappointed that this is another white male? this is the lack of transparency. >> it is more the latter. the fed does have an issue which is widely recognized that it has been dominated by white males. the fed is about the representative of the country and responsive to a much broader group. janet yellen, the first female fed chair. she is replaced by the first former female fed chair. by another white male. john wayne says then a career fed person. it would have been nice to have someone from another background. >> on that list of things of why he is a controversial pick, his lack of financial market , maybe it is about monetary policy. how big of a challenge to think that will be? >> it -- you're not right about the regulatory aspects. the new york fed puts monetary policy into operation by intervening in the markets everyday. you need to know something about it. he does have some knowledge about a

john williams has been named to the new york fed. chairman powell's leadership team.rs a day, powered by 2700 journalists and analysts in more than 120 countries. this is bloomberg. thank you. the tech space has been at the center of market volatility. with the vix stubbornly above 20, hedges on equities are in demand. digging into volatility measures shows that investors may be caught offguard if things do turn south. joining us now, our reporter dani burger. we are still with geoffrey yu, head of u.k. investment office, ubs wealth management. there are other ways to look at volatility then skew, and they may show a different picture. index,ou mentioned this aich is one that looks at different section of what the vix is tracking. the vix, if you think of volatility in cabell curve, the vix is going to track that curve. when you look at you, it is looking at the tail risk. these are options that will protect you if we get a bigger rise in volatility than what is normal. i brought the chart with me. this is the skew index. as the vix has been rising, the skew index, it

john williams will be his successor. >>> the president is making two more nominations to the board ol fed reserve. richard clarita and kansas regulator michelle bowman has been named to fill a vacant fed governor position. >>> in economic news, reta les rebounded in march following three months of tmclines. the commerce dept reported a .6% rise in sales last month, the largest increase since november. consumers purchased morers furniture and appliances. economists say the report underscores the improved financial condition of american households. >>> home builder confidence has fallen for a fourth straight mont and it comes at a time when more construction is needed homesrease the supply of in the market. the closely watched index cited a lack of buildable lots, increasing material costs and rising prices for that decline in confidence. >> merck was one of the best performing stocks on the blue chip dow today after the drug company's new type of lung cancer drug performedetter than expected in a clinical trial. the stock rose about2.5%, providing hope for patients, physicians and inve

t> we told you last week of reportst current san francisco fed reid president john williams was the top candidate to lead new york fed. well, today that turned out to be the case. nthe york fed has named williams as its next president, replacing the retiring william dudley. williams will sta mid-june. the new york fed president se ves ase chair of the policy making committee and supeises the banks considered one of the post powerful positions in the whole sector. >> up next the president takes swipes at amazon. it's not just him.th ides of the aisle are now swinging at the giant. with such a high-profile tussle going on, what should you doto with the? some thoughts when we come back. t >>> the presi continued his criticism of amazon this morning on twitter. thisime saying, and quote, i am right about amazon costist the unitees post office massive amounts of money for their delivery boy. amazon should pay these costs plus, and not have them borne b the american taxpayer. many billions of dollars. post office leaders don't hav a clue, or do they? and then he followed up later with this. >

the nationwide manhunt is still under way for john williams, but investigators say they're right now sing on a wooded area west of bangor, maine. williams disappeared two days ago after police say he killed a deputy, stole his car, and robbed a store. >>> american airlines is facing a lawsuit after a 25-year-old died on a flight from hawaii. brittany oswell suffered an embolism while flying from honolulu to dallas in 2016. her family says the plane's medical equipment didn't work, and the crew refused a doctor's request to make an emergency landing. oswell's relatives say the airline valued money over a sick passenger. >> someone made a business decision to keep flying the plane when she needed emergency medical help. >> the family says the plane was over los angeles when oswell got sick and could have landed in albuquerque. american released a statement saying in part we take the safety of our passengers very seriously. >>> a new government study finds that the number of children diagnosed with autism is now on the rise. researchers say about 1 in 59 children are affected. that's up

. >> and we heard from chairman well today, we have head from john williams and some of thee others on fed. they are talking still about three, may three more rate increases this year. how do you see that? >> i think it's at least three. and i think the bias is for four or maybe five. employment e actually better than what the fed would like to see -- we are at fetter thanl employment. and when you see inflation and wage growth starting to heat aup -- chair powell was quite clear about that -- they have to act and they have to get ahe of it. i think that's what i took away from chair powell's speech today. >> now, trade. is that a lot of noise as well? i mean thet mar seems to act -- you know, the u.s. officials say that these are negotiating tactics that we are witnessing right now with the threat of tariffs but the seems to be take it more real. what do you think? >> well, i think the first time it happened we indeed saw these market get because this was different. but then the negotiating tatoics, the market bought that. and the second time, that also happened. thre stimes -- it'srt

investigators say john williams shot deputy sheriff eugene kohl on a highway about an hour outside bangor, maine. he then stole the deputy's patrol car and robbed a store. williams was due in court yesterday on a weapons charge. >>> time now for a look at your weather for this thursday morning. well, plenty of rain continues to push through the northeast with heavy showers in parts of new england by this evening. a combination of rain and snow melt has triggered a flood watch for parts of maine and new hampshire. in the meantime, temperatures will finally be seasonal across most of the country. it'll be warmer across the south with more possible record highs in the pacific northwest. 80 in seattle today and in the southwest, the hot spot today will be phoenix where it feels like summer, 99 degrees. >>> coming up, prince william caught on camera doing something in church. >> okay. ooh. that's a tease. >>> but first why housing secretary ben carson wants to triple the rent for people on housing assistance. >>> and the new discovery about alexa and her ability to spy on of former white house

and the federal reserve bank of new york has appointed the next president he is economist john williams who currently has a scent francisco federal reserve bank where he's worked for nearly a quarter of a century mr williams is seen as an ally of new federal reserve chairman jay powell the new york federal reserve is the most in pool actual and largest holder of assets of all of the twelve regional federal reserve banks the current new york fed chair bill dudley will leave in mid june when mr williams replaces him. and last month the co-founder of whatsapp brian acton expressed astonishment by tweeting it's time to hashtag delete facebook whatsapp has more than a billion users now however we learned that whatsapp which is actually owned by the parent facebook has a similar design flaw to facebook which places you to user data in peril whatsapp claims that they protect your messages photos videos voice messages documents and calls and they are all secured from falling into the wrong and however when using what's app group chat user data can be harvested by any. one in the group including

considers distraction as an additional grievance we got some reaction to the border plans from john william louden a former republican member of the missouri senate and author tiger barry a code pink activist. i spent the last six years living in california right on the mexican border i saw the influx i saw i saw illegal immigrants crossing i am from santa monica california my kids live there i've been to the border i've been to rosarito. there is no people washing there to cross the border into the united states this is what's alice see i watch the united states has nothing to fear sending the national guard is to block an invasion and by the way my friend tries to out california me santa monica is not as easy as you know we have asian protections at our border in the southern part of california are so secure that we have nothing to worry about there are people in california who have thirty years of life there with businesses with kids they're growing up and they're there they're establishing lives they protect us in so many ways i support robust immigration a guest worker program it's ill

police are searching for suspect john williams is accused of shooting the deputy and stealing his cruiserfbi is offering an award. >>> a major nfl prospect apologizing just hours before tonight's draft. former wyoming quarterback josh allen now apologizing for posting rationally offensive tweets while in high school. allen says the deleted comments were made as a teenager, claiming he was young and dumb. >>> when we come back, america strong. look at this, the story behind this family. the kids are sleeping. 1:00 a.m., the unexpected delivery. the best story of the night. how much money do you think you'll need in retirement? then we found out how many years that money would last them. how long do you think we'll keep -- oooooohhh! you stopped! you're gonna leave me back here at year 9? how did this happen? it turned out, a lot of people fell short, of even the average length of retirement. we have to think about not when we expect to live to, but when we could live to. let's plan for income that lasts all our years in retirement. prudential. bring your challenges. essential for the cactu