jonathan: thanks. it's not just the humans but the animals from louisiana need a new home. these animals were slated to come to our area but they had to be diverted to hampton road, virginia. 60 animals arrived here yesterday. most of them already in shelters hoping for a permanent home. many of the shelters were damaged in the floods. workers and th from several groups are working to place the animals in new homes. if you are looking for a pet, now is a good time. howard county leaders are discussing the next step in recovery from last month's devastating floods there. today marked the first day of the entire main street area being completely off limits to everybody but workers. it's now to allow for critical infrastructure repairs that could take a month. there is so much work to be done. damage to the infrastructure alone will take more than $22 million to repair. >> if you don't have a real reason to be here, don't come just to gawk or sightsee. many of you have asked how can i help? that is one of

back to you, jonathan. jonathan: all right. jamie, thanks. coming up for us here on "abc7 news at 4:00" -- it's not just the race for the white house. the balance in both chambers at the capitol are at stake as well. how should the g.o.p. prioritize the campaign spending? a closer look at where the money is needed and where it could go coming up. michelle: coming up new at 5:00, the controversy surrounding colin kaepernick. his defense after refusing to stand for the national anthem and what the redskins camp is saying about t ♪ and what the redskins camp is saying about t amazing sleep stays with you all day and all night. sleep number beds with sleepiq technology give you the knowledge to adjust for the best sleep ever. the time is now for the biggest sale of the year, where all beds are on sale! save 50% on the labor day limited edition bed. know better sleep. only at a sleep number store. michelle: with donald trump still behind hillary clinton in some major polls they are working to switch the balance to house and reporter: from trump bu

jonathan: absolutely. now through the app service the district is finding ways to make their routes more efficient, even during the year so some schedules may be changed in the future. that makes so much sense. parents worry about that. the kid can have it on their phone as well and they will know they got off the bus at the right place. michelle: seems like a no-brainer. why haven't we had this for many years now? especially in storms if the bus is rerouted. jonathan: we can chase a pokÉmon but can't keep an eye on the kids on the bus. hello. coming up, airport security breach raising red flags. you have never seen anything quite like this one. told you. that man led away still screaming. you have got to hear what he did be the gurfy and what he did on the tarmac. we have it for you coming up. erin: we are live at fedex field ahead of a third preseason game. look behind me. you can see the bills players are out here, a couple of redskins. how important is this game? but how did we end up here? his mom tho

jonathan: thanks. in the last few hours prince george's county updatedded us on the number of the student immunization numbers. we told you more than 6,000 students were kept out of class on the first day of school on tuesday because the records were not up to date. today 3,700 students still need to be immunized. michelle: now to the latest developments in italy where the scene of destruction is haunting after yesterday's early morning earthquake. at least 241 people died. and the town of amatrice was just de like before the quake hit. beautiful, historic buildings. now i want to show you what it looks like after the quake. piles of dust and rubble. we are talking about dozens of buildings that collapsed. scott mclane is five miles from the quake's epicenter. scott: rescue team in central italy go through rubble. cadaver dogs hoping to find sur survivors. time is running out to find people trapped in the debris. aftershock are making rescue operations more difficult. heavy equipment is only just begin

jonathan? jonathan: thank you very much.der an hour's time, we will have a retail sales number after strong payroll last week. does the strong labor market translate into strong consumption? the dollar over the last three months has done nearly nothing. it is up by 1.82% after three months of pretty solid data. joining us is a strategist. data good. dollar, nothing. why? >> i think the market took the strong numbers as a risk con. the numbers are solid. they support equity and the general risk sentiment but the markets are relaxed about the fed. the fed seems to deliver a cautious message in july. "people" don't expect anything to come out in december. this is a window of opportunity to get back into those high yielding trades. so people are buying high yielding currencys and that's spilling where the dollar is pending. jonathan: you put out a note last week and it was like divergence between financial conditions and what's happening with the dollar and this spread has started to emerge. can you explain what that chart right

jonathan: thank you. alison: former nfl champion and superstar darren sharper has been sentenced to more than 18 years in prison following his rape conviction. he was convicted of drugging and raping as many as 16 women in four states. sharper did plead guilty in federal court in new orleans where he played for the saints during part of his nfl career. jonathan: new from chicago, a recommendation that the seven officers involved in the deadly shooting of mcdonald be fired. recently the dash cam video was r contradicted what they said happened. van dyke fired 16 times at the 17-year-old who was veering away from police who said they were lunging at him. alison: a scary start to a flight. flames, look at that, started shooting out of the engine. this is a qatar airways air bus a330. you can see some of the fire out of the left engine. no one was hurt. jonathan: if you would rather keep your wheels on the ground, uber announced they will start using driveless cars for passengers in pittsburgh. really? that w

jonathan: thank you. prince george's county says the head start program will start on time this school year. even though the federal investigators cut the funding. that is after a scathing report from the department of health and human services citing bad teacher behavi corporal punishment and humiliation by a teacher. brad bell is live in upper marlboro where the school c.e.o. just finished addressing the issue. this was millions of dollars at stake. brad: so many questions. we are talking about abuse of children just months after the terrible scandal involving child porn rattled the entire school system. we asked the superintendent how can this possibly be? he says apparently a few people in the system just had not gotten the word. but he is making assurances tonight to parents who count on the head start program for the young children age 3-5 that things will start on time. >> with our parents and children enrolled in head start and throughout the school system let me say in no uncertain term indoesn't

jonathan: in vote 2016 today. you could call it the end of the shakeup at the top of donald trump's came pain. paul manafort is out as campaign chairman. days after the campaign brought in a new chief executive and campaign manager. after accepting his resignation, trump called manafort a true professional. alison: that came after a change in tone from trump himself. >> sometimes in the heat of debate and speaking on a multitude of issues, you don't choose the right words. or you say the wrong thing. i have done that. and believe it or not, i regret it. alison: that was trump last night in a stop in north carolina. today trump and his running mate governor mike pence toured some of the damage in louisiana. we'll have more on all of that and the recovery in a few minutes. jonathan: on the democratic side, hillary clinton didn't have any public events today. she did post on facebook that her heart breaks for louisiana. as her opponent was touring the state as you saw. president obama says he now plans to visit baton

jonathan: yeah. that tour guide is getting some criticism now for allowing the group to even get that close to the whales. they say they followed the rule, they back pedaled away even though whales can swim much faster than kayakers can paddle. when they start breaching right in front of you, time to back pedal real quick. alison: i would imagine it's like terrifying and exhilarating all at the same time. jonathan: the things wul you. boy, oh, boy. alison: amazing. all right. well, let's talk about our weather. a little more pleasant today. jonathan: compared to what we have come through? alison: yeah. jonathan: next week will feel like it's fall weather around here. alison: can't wait for that, doug. doug: it will be delightful here. so we observe a little bit in august. comfortable weather. tonight, muggy out there. 89 in reagan national airport. big winds out of the north at 8 miles per hour. let me give you a big look at what will happen around the area for the rest of the night. we have fair wea

jonathan: literally. this seal, he just says you know, it's not like i like the boat or the people look friendly. it's because of those guys. the boat was out with a whale watching group. the seal saw they had orcas in the water. you know seals are pretty smart. they know orca, the menu for them, breakfast of champions, seals! seal jumped on the back of the boat and hung on for dear life. >> c'mon! just stay there for a second. jonathan: it wasn't a second. orcas are really smart, too. they hung out for a while. like 30 minutes they were flying around or swimming around the boat waiting for the seal to get tossed in the water. it never did. after a little break the seal, the watcher's named gerald after a "finding dory" character returned safely to the seal. i have to imagine a seal that smart will live pretty long. michelle: he said not today! jonathan: the there going darn! that was lunch. michelle: good video. still ahead at 4:00 -- >> i can't imagine how to handle $100,000. i have never had that kind

jonathan: next a suicide bomber stops. where the take-down happen and the destruction he could have caused. jonathan: a continued plea, demands for more help in florida as the zika virus continues to spread. michelle: health officials worry the virus could pop up in neighboring states as the c.d.c. expands the travel warning for pregnant women. elizabeth hur has more. elizabeth: zika fears reaching as far north as new york city have the crews spraying neighborhoods as a precaution. >> what we know, okay, about the zika virus. elizabeth: in miami, students are returning to school to zika lessons. reassuring for parents. >> they have been taking care of it. >> two neighborhoods have been identified as the zika hot zones but the health experts warn it's only a matter of time with the neighboring states including louisiana recovering from the historic flooding facing the greatest threat. >> if you have area of flooding it leaves places behind where mosquitoes can breed. so until you get the water cleaned up it's a hot spot for

jonathan: tha jonathan: breaking news. governor hogan announced a $5 million four-year study of looking into the project of looking into another bay crossing. there are two spans but if they added more it would reduce the amount of traffic in the area. we have more coming up at "abc7 news at 5:00" and at 6:00. so let's see. yesterday we put $39 water bottom the test. found that you really don't need to spend that much because it's a $10 bottle did same thing. michelle: today we're ante. today expensive high-end deodorant. does spending more make a difference? we look if it passes the smell test. reporter: drugstore deodorant cost a few bucks. swipe it on after a shower and that's it, right? wrong. deodorant is a $4 billion business and growing. designers are getting in the odor control mix. $25 cashmere mist and portofino. $50 for deodorant? to learn more we head to the princeton con >> does an expensive deodorant do something different that less expenseive brands? >> people think that they pay more for a product it will b

jonathan: a busy week. our economic reporters at bloomberg counting down to janet yellen's speech coming this friday from jackson hole. focus isentral-bank in in india. it announces replacement for the governor. we are joined from mumbai. let's begin with the man. who is replacing him? the differences and similarities between the two. >> he takes over. this is the government clearly choosing -- the change. dr. patel's economic standpoint is very well documented. he has been the key architect of inflation targeting. we know who he is. the markets know what is his position. he takes over in an environment that leads two significant changes. one, the inflation target. second is the monetary policy panel has been put in place to decide an interest rate. it is not going to be one man's call anymore. jonathan: that is a really important point, because covenant rajan introduced two things. investors looking at india right now, they have the continuity in the governor but it is not all about him. can you talk about

jonathan? jonathan: all right. thank you for that. the olympics now have been exciting but not without a little controversy. alison: have you heard about the latest one today? jimmy feegan who is from rockville. michelle: they were part of a group that said they were robbed after a night out. now a brazilian judge ordered them to turn over their passports. the only problem is there are reports the duo has already left the country. we spoke to feegan's father today. look it at the latest medal count. alison: united states has 28 gold. china in second. jonathan: check this out. can you tell who they belong to? the four gold medals and a silver. champions and the local hear katie ledecky made it back from rio. to a rock star greeting. scott: i felt like i wa rock concert. this was amazing reception for the lady and well deserved. it's still hard to wrap your head around the fact that this young lady is 19 years old. katie ledecky is now a household name. america's darling. america's sweetheart. but to the ones that know her best in thed.

jonathan: thanks so much.tures are firmer and equities are rallying in europe and its more of a positive session for the bulls. alix: especially if you have a buy rating. killer quarter for best buy will raise their third-quarter revenue and earnings guidance. they sold wearables, home theater, appliances and that's why are you seeing gopro and fitbit move higher. ofe-store sales were up 1/10 1% of the downside was mobile phones and gaming falling. unexpected quarter for best buy. brothers,o toll talking about u.s. luxury home builders, it was the fourth straight quarter of revenue rise. side is the positive orders were up 18% and gross margins were up yet they were softer in the market. division apartment sales fell 13% as the average sale price rose. a little bit of weakness there in urban areas. taking a look at square, rays to buy at about -- raised to buy at about $15. let's get an update on what's making headlines outside the business world. fisa president joe biden is taking a shot at donald trump over

jonathan: no question. alison: proof of that. alison: unreal. jonathan: all right. the animal america's 9/11 ride began today in shanksville, pennsylvania. bikers coming down to arlington this afternoon and a lot of them. this, it's unique. this could be the final time they make the ride. jeff goldberg is in arlington with the riders. this has been a display of patriotism over the last 15 years. >> no question. that is still the case today. although a lot of emotions, of course, this could be set to be the last ride. here we go. this is ve this ride arriving in arlington as we speak. the first police escort coming in the double tree hotel in arlington, virginia. as the ride began this morning. in shanksville, pennsylvania. let's stay with this live before we show you video from earlier. 1,400 motorcycles with police vehicles are leaving the pentagon parking lot tomorrow morning for new york city. followed by a service at the world trade center. sunday morning. now the purpose of this ride is to of course honor the 417 first responders who died on 9/11 and all who we

jonathan: the options in focused.orge, we caught up with her and little earlier. take a listen. >> i think we are going through a period where it has been more difficult to explain what is pressing down on inflation. i think the oil price shock that we had, the strong dollar, a number of things have influenced that. whether that is a permanent state, i am not ready to say because it looks like longer-term inflation expectations have been anchored. jonathan: that was esther george, who is hosting the jackson hole symposium. not a shocker that she wants to hike rates. she has said that in the past and has been forthright about it. where is she on the f1 see in the spectrum of doves? offshore.omparative saying we need to present, the percent, or percent. alix: this is the dynamic playing and why it is hard to get price action. what are we going to raise for the next time? the longer end, everyone seems to be on the same page. the interest rate will have to come down. a projection of 3%, how much more will it have to be?

jonathan: lochte said now. sources spoke with all four swimmers and they say they were held up by an armed gun man until the gun man was paid hundreds of dollars, which they say is verified by police video. members of the ioc conducting their own investigation and talking about forgiveness. >> sometimes you take actions you later regret. jonathan: rio's chief of police says the athletes should apologize, saying the only truth is they were drunk. sources close to the swimmers say the brazilian government is lying about what happened and blowing this thing completely out of proportion. one of the swimmers headed back to the u.s. is rockville's jack conger. he is not charged in the case. he grew up swimming for the rockville montgomery swim club at our lady of good counsel high school, and he was good. conger is a good alison: prince george's county police say there was an officer-involved shooting and capitol heights -- in capitol heights. anna-lysa gayle is on the scene. what can you tell us? anna-lysa: we just

jonathan: dani burger. they do so much. at the bottom of the cycle with february lows. still bearish and got slapped around. bears,ook at the bond slapped around for years. you cannot believe in the rally in the the bond. we are starting off with express. weaker margins, weaker sales. down 20%. it sees full-year, sales down to single digits. by 200 basisff points and more discounting was needed to meet the sales target. watch that stock today. -- this winning the first round over a patent case with job own. -- with jawbone. a hearing in is front of the entire trade commission. -- the disposal of unicredit stake in a polish bank will help the capital raising needs. unicredit has also been talking about offsetting nonperforming lows. more positive on their ability to do that. on what isn update making headlines outside the business world. emma: an earthquake has rocked central italy, turning small mountain towns into rubble. at least 38 people have been killed. the earthquake was a magnitude of 6.20. rescue crews are trying t

jonathan: thank you.al economic data, surprising numbers out of europe and the fed indicated that the last fed meeting indicated raising rates. here are what some of the fed officials have said this week. htink we are in a recess -- think we are in a recession today or that we will be no a session over the forecast horizon but you never know. find ourselves getting behind her and having to raise rates more rapidly in the context. that can have negative impacts on the u.s. economy, it could contribute to having a recession. >> if we only move once per year, it would take on the order of 12 to 14 years, so that seems like [indiscernible] jonathan: joining us now is the chief economist from boston and jefferies to economist in london. vince, the week so far, let's call it the fed noise. what is the takeaway? vincent: i would defer to two people inside the room to interpret the minutes, both presidents williams and dudley, spoke after the minutes were published and said, gee, we can imagine reasons to take mo

jonathan: thank you.we'd have sunny, mild, warm weekend. we're going to get grazed by a tropical storm. michelle: should we change our plans? doug: you just need to take what the weather team is telling you into your plans as you make them. it's not a done deal we'll lose the sunny weekend. but it's looking more and more likely that we will have the clouds and showers. it all depends how close to coast this tropical storm gets. this is tampa. they moved the game to tonight instead of tomorrow but even with that, this is what it looks like in tampa. more of that is expected tonight. nothing dangerous. but very rainy conditions. i become windier through the day tomorrow. it looks like the focus going to be the upper panhandle on the northern gulf coast of florida. there are a number of warnings in advance of the tropical storm. a ton of thunderstorms. brewing and sitting still all morning. this is drifting north and then the northeast. steady northeast track. the problem is the past 24 hours the computer mo

jonathan: all right. thank you.ver know what they find in the deepest depth of the ocean. fall in love discovery. ready? check it out. look closely. this purple squid looks like a mupet -- muppet more than a mo lessk. how cool is that? alison: let's talk about the weather. there are storms out there. maybe not the same intensity as yesterday but they are out there. jonathan: now it seems to gain strength and getting warm again. doug: this is the hottest dayf quite a while. start off with an image of the shelf cloud. a viewer sent this to us from leesburg. to that is the place to send all of your pictures. this is a beautiful image. captured it just right. a lot of the shelf clouds and the storms popped up. we still have severe storm watch in effect for area in pink. i suspect all or part of the jurisdictions will be removed before 11:00. there is just not that much happening. a storm cluster that stretches from the areas of the northern montgomery county south to potomac river. that area is getting weaker. clarksvil

jonathan: the biggest problem we are hearing about his power outages. businesses in the dark as a result. alison: let's get to steve rudin with where the storms are right now. steve: the good news is the heaviest of the activity is moving across the bay and along with it the terrific lightning display. at one point this evening during 30 minutes, we had over 4000 lightning strikes. heading in closer, the capital beltway, things have settled down nicely. therate rain moving off to north and east, things drying up nicely fairfax and reston in the clear in the next 15, 20 minutes. moving through the overnight, may hear some thunder through the early morning hours. a few clouds at 7 a.m., but dry conditions on the way tomorrow along with slightly cooler temperatures on the seven day outlook. all of the details, plus looking ahead to the weekend. things are going to get a lot better in terms of temperatures. jonathan: also following breaking news from southeas has forced 50 people from their home. anna-lysa gayle is there right now. anna-lysa: this is all th

jonathan: they are really cute. hiskers.teve: saturday is the better day because we have thunderstorms sunday, some of which may be strong. shot from moon earlier this evening from ransom, west virginia. one of our photojournalist took this time lapse. a pretty shot of the moon. talk about the beach forecast come if you're heading to ocean city, 86 degrees the high tomorrow, thunderstorms sunday. monday we are talking middle 80's. right now, 80 degrees reagan national, the rest of the area in the 70's. it is comfortable, still a little humid, but not super hot. the heat index value is nothing like last week at this time when we were dealing with heat index values near 100. the stormwatch radar is quiet and dry, partly cloudy overnight. 76 overnight, milder closer to the beltway. futurecast, the heat index values tomorrow afternoon and evening back into the middle 90's. outdoor dining tomorrow evening, maybe a little uncomfortable. don't forget the montgomery county fair tomorrow is the last day. take advantage of it, a lot o

jonathan: a warm welcome to "bloomberg ." i am jonathan ferro alongside david west and alix steel here in new york. of much news, but plenty headlines coming from the market with the dax back in a bull market, and politics in the u.s. building momentum. david: sterling is moving, but donald trump yesterday, alix, laid out his economic plan finally. now we have details. alix: what we will be tackling is -- what does this plan due to the debt ratio here in the u.s.? what are the subsequent knockoffs on that? do we see higher interest rates? david: there are a lot of ideas. he did not say how he would pose those ideas, however. they will cost a lot of money. alix: fair point. lackers will lead the next of rally. cumberland advisors chairman david kotok will be joining us shortly. jon, talk about the markets here. it is very quiet, especially in the fx market. jonathan: the dax back at able market, up 20% from a low, up .75%, the footsie -- ftse present as well. in the fx market, it is the cable rating focus. the pound weaker aga

jonathan: thank you. european banks rebound but it's been a rough year for credit suisse and deutsche bank. up next, we reveal which banks have a track evaluations and which are still value trapped. this is bloomberg. ♪ jonathan: to the european banks we go now in focus since the brexit decision. here is more. >> it's difficult to say when the environment would be stabilized. today the risk are very high and the uncertainty is very high. the brexit decision is creating an additional uncertainty in the environment. the global -- has been revisited at a lower level in the past. and it could last very long. jonathan: joining us now on the stat of the financials is krishna memani. if i said to an investment bank, they go whoa, no, no. but the environment for european banks, it's so different. there are four, five different stories all on the same index. krishna: absolutely. jonathan: talk to me which ones you're looking at. krishna: so so far, european banks have been the ultimate value trap kind of put it mi

jonathan: that just makes you smile.l ahead -- we all know that notorious drug lord el chapo is notorious for crimes and getaways. now his son is a victim of a crime. alison: children sent falling from a is talking about the horrifying ordeal. ♪ hey, is this our turn? honey...our turn? yeah, we go left right here. (woman vo) great adventures are still out there. we'll find them in our subaru outback. (avo) love. it's what makes a subaru, a subaru. get zero percent on select subaru models during the subaru a lot to love event, now through august thirty-first. but how did we end up here? his mom thought he had the flu and that he was covered by the meningococcal meningitis vaccine he had received. until 2014 there were no vaccines for meningitis b in the u.s. now there are. while uncommon, meningitis b can lead to death within 24 hours. trumenba is a vaccine for 10 through 25 year olds to help prevent group b meningococcal disease. trumenba should not be given if you had a severe allergic reaction after a previous dose. mo

i am david westin, here with jonathan pharaoh and -- jonathan ferro and alix steel.oday at our guest thinks the breaking ball market is not out of steam. jon: it is day two out of payroll. futures firm on the s&p 500 all-time high on that particular index. as we go into the opening in the united states, a rally in europe, financials leading the gains at .6%. that positive sentiment is the weaker yen. , tooes from equities commodities as well. brent and wti firmer on the day, brent crude trading $45 per barrel. over one wti up by full percentage point. it is that front end of the curve on friday after the payroll report. debate -- thee fed rate hike debate continues. broad asset class moves, i want to get across to alix. alix: unbelievable. we keep hitting those. walmartal stock movers, is buying jet.com for $3 million -- for $3 billion per this would be the largest buy ever of an e-commerce company. it is really all about the founder of jet.com and grew sales by over $1 billion. walmart getting that talent as part of the deal. ground stopelta -- has been lifted, limi

jonathan: fascinating.ent out of 10 cook. $35 billion.t made jonathan: very good. we have had five months of gains. the big question is, can we make it another month? august, futures are positive and stable. the footsie is down i .4%. in italy, underperforming so the bank stocks there are on that index. i am looking at payroll friday and the yield is up more than the front end. the yield up about five basis points and 2.23%. the new york fed saying maybe there is complacency as to where rates are going. a call for morgan stanley on the bond market is very bullish. u.s. dollar,on the the dollar is up by .1% today. trading see 5% weakness by the dollar in the coming months. that is the fx market. monthlyed the biggest drop in a year last month. now down over one full percentage points. $41.10. let's rough up the headlines. shery ahn: donald trump is firing back at critics over his remarks to the parents of a dead muslim soldier. he questioned if the mother was allowed to speak because she was muslim. the woma

jonathan: number 26. alix: i did not know that. jonathan: the 26th fiscal plan since 1990.does it get us? jonathan: they will keep trying. big headlines the oil market with crude down to $40 per barrel for the first time since april and wti is back in a bear market. we go to london. what is driving this? >> the most important element is we have a lot of castling at the moment. the refiners need a lot of gasoline. the u.s. and india and china, they were going to consume that over the china but it has been disappointing. but we has been higher will end the summer with too much gasoline so now the market is looking toward september and october and there you have a seasonal the client in refinery activity. most of the refiners do maintenance. ofween today and the end september, about 3.5 million barrels per day of refining capacity go off-line for seasonal maintenance. that takes german and italian consumption out of the market for six weeks. that is what is driving the prices down. also the supplied side is strong. how low can crude oil go? if you look at the earnings last wee

jonathan: nothing says football like 110 degrees. cousins puts roster battles in terms that anybody could understand. and a slugfest out west. but how did we end up here? his mom thought he had the flu and that he was covered by the meningococcal meningitis vaccine he had received. until 2014 there were no vaccines for meningitis b in the u.s. now there are. while uncommon, meningitis b can lead to death within 24 hours. trumenba is a vaccine for 10 through 25 year olds to help prevent group b meningococcal disease. trumenba should not be given if you had a severe allergic reaction after a previous dose. most common side effects were injection-site pain, fatigue... headache, muscle pain, and chills. ask your doctor or pharmacist about all the risks and benefits of trumenba and tell them if you've received any other meningitis b vaccines. meningitis b can be spread by typical sharing like... a drink... a spoon... a kiss. it all started here... it might have been prevented with trumenba. ask your doctor or pharmacist about trumenba. >>

jonathan final word. the bottom line is people have come here from all over the world for a long time and they were fleeing a situation where they were -- never a situation like this where we had isis and al qaeda wanting to kill us and do the most things possible to make it happen. final word to you? >> charles, this isn't immigration. it's importation and give me your tired your huddle masses yearning to breathe free doesn't mean u.s. taxpayers have to subsidize people from very questionable parts of the world. like world war ii, private individuals and organizations want to sponsor refugees let them do that. mass importation, no way. >> when you say master evader i got nervous on that. last word to jonathan. master evader. florida's governor is hitting the president and hitting congress, so is the dysfunction in d.c. putting all americans in danger? >> today on "forbes on fox" pants on fire and four pin noekcos how "the washington post" rated hillary clinton's claim fbi director comey said she was bein

i am jonathan curiel. this meeting of the commonwealth club of california, the place where you are in the know, is adjourned. [applause] [captions copyright national cable satellite corp. 2016] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] tomorrow, the potomac institute hears from a former member of the turkish parliament and others about counterterrorism strategy live at noon eastern on c-span 3. later, more on that topic and intelligence sharing from the center for strategic and international studies. that is live at 1:00 p.m. eastern here on c-span. >> at c-span.org, you can watch public affairs and political programming any time at your convenience on your desktop, laptop, or mobile device. go to www.c-span.org and click on the video library search bar. you can type in the name of the speaker, the sponsor of a bill, for an event topic, review the search results, and click on the program you would like to watch.

this is bloomberg. ♪ jonathan: four viewers worldwide, from new york, i am jonathan ferro.n the u.s. slightly positive, up seven points on the dow. a softer session in europe with the ftse down 1/10 of 1% and the dax down by a quarter. a fascinating session in the fx market, a weaker dollar against every single g 10 currency. the cable rates are firmer. dollar-yen down. yields are lower, down a basis point on the 10 year to 1.54%. treasuries, jgb's, and of course gilts after the uncovered bank of england operation yesterday, failing to find enough sellers. it is day three of the qb. -- qe. alix: we keep talking about the s&p their record high and we have eight within the four weeks. it? is actually leaving this chart shows 1% moves on the s&p, the redline delineating the 1% moves. it has been 23 days since we have seen a move to the upside or downside, the longest streak since 2014. there is not a lot of volatility in stocks. bets, bighedge fund traders and how they are positioned with the vix. they are net short the vix, the most we have seen at least in a year. volume was

jonathan: thanks. developing in fairfax a deadly police shooting on the inova fairfax hospital campus. this played out at a bus stop at the hospital. police say the deputy assigned to the hospital opened fire when the man would not put down a street sign that had a very sharp end on it. northern virginia bureau chief jeff goldberg has more on what who was killed. jeff? jeff: a 29-year-old hispanic male at the time this happened was suffering what they are calling a mental episode. he was carrying one of the sharp metal sign posts rather that could be found all over the campus at inova. we want to show you one. they say no smoking but the security guard drove up a couple minutes ago telling us he did not want us showing the bus stop. this is where it happened last night. according to police before 10:00 hospital security guards escorted the man to the bus stop after he was discharged from the hospital. for what we don't know. shortly after subject -- security got a call saying the man was holding a mess

jonathan future -- jonathan ferro.switch of the second order. the price action still there to be seen on dollar-yen with the move of one full percentage point, but it is the turn i want to talk about -- yields were much lower 30 minutes ago, but just a basis point. with the front end of the treasury curve. vista dudley speaking over at fox today making -- mr. dudley speaking over at fox today making reference to the september meeting saying the potential for a rate hike is on the table. look at the turn -- yields were lower on the front end and then they talked to unchanged. the big debate continues with the core of the fed at this point at least putting september on the table still. alix: indeed. a change about from what we saw yesterday. still with us, sam zell, founder and chairman of equity group investments. i want to get your final thoughts. bloomberg has reported you are in the process of fundraising for a new distrust debt fund. can you talk about that, or what about the market environment is a good idea to lau

welcome back, i am joined again by jonathan graff, director of clinical jonathan, i know that no two people are alike, and that means everyone loses their hair differently, and for different reasons. we usually think of this problem being a man's problem because we see it more clearly. we see bald men. but it really affects women, too. boy, it really does. you know, statistically, genetic hair loss affects approximately 40% of women and 60% of men. as part of the normal growth cycle, it's common for a man or a woman to shed about a hundred hairs a day. but if you're seeing a great deal more, each time it grows back it's getting thinner and finer over the months, over the years, again, one of two things always happens. if genetic hair loss has started, it's going to get worse fast, or it's going to get worse slow. once the hair is gone, it's gone. as long as there's some hair left in that follicle, that hair follicle could recover, and that hair can become the strong, long, growing hair that it once was. (anne) so, there are things we can do to stimulate hair growth? there are. therap

let's let jonathan respond. jonathan: yeah, so is hillary clinton the same kind of thing as donald trump? well, without getting into specifics about what she said in particular instances, this is one who has been in public life for 30 years. this is one who has been first lady of the united states and then a senator and then a secretary of state. this is someone who does backcheck her speeches. this is one according to the independent monitors who actually count this stuff comes off as not only as more truthful than donald trump by a long shot but the person who stretch things the least compared to all the candidates in the campaign. i'm not making a partisan point about one candidate or another. but for me when you're dealing with a figure like trump who is capable of saying absolutely anything like russians are in ukraine, you are talking about something of a very different kind of animal than a conventional politician. >> in your piece -- your cover niese the atlantic how american politics when insane you tal

c+sv jonathan: from new york city, i am jonathan ferro and this is "bloomberg ."k of expectation -- bank of england expectations were somewhere here. the ftse is up off the back of a .eaker pound the cable rate moves lower by 1.4%. fx into ther from bond market, look at the move in the gilt market. 11 basis points. the all-time low yields right across the curve following the decision. in the u.s., futures are marginally positive. we will look ahead to the cash open in new york. we are you down to the open on "bloomberg ." ♪ david: this is "bloomberg ." it is a big bank of england day. when i look at this, i wonder if mr. carney essentially kept the ball in play, waiting for the new budget to come in next fall with theresa may. we are seeingike that in japan. they are passing the ball back to the fiscal side. and buyingpoint cut 10 billion pounds in bonds over the next 18 months. jonathan: take a look at this ecb,red to the boj and they can go once more but that is it. we did have a suggestion from governor carney before but not much more. kuroda saide poin

jonathan: how about that? >> i wanted to get your opinion and find out if we could find some common ground i think and i think you would be hard pressed to disagree. sometimes in the course of human events, it's simply natural that a group of people find hemselves refining into -- i guess a pure expression of how they want to live and how they want to be governed. an analogy might be the horse and wagon. they were perfect together until it was time split -- the horse went its way. the wagon got its own engine and they were fine on their own. my thinking is this -- we've gotten to a point where it seems like half of the population is fine with having seated the power that was with we the people. they seated that to bureaucratic leaders and politics and judges. and i'm fine with that. they agree with statutory law. then you have the purists like me that would like to see just common law the way our founders and framers wanted things to be with less governance. wouldn't it be great if we split and not fight about

jonathan, stay with me. jonathan bell stays with us.g up in the next hour, we are going to dig a little bit deeper. results arriving and we will speak to the ceo. what does-era got up make of the copper market? break them., i will numbers, and do stay with us for that. we shift into go later in the day. billiton ceobhp andrew mckenzie. make a $6ected to billion loss. that would be the biggest since 2001, the merger. posteduity futures are at the mode. it is a beautiful day. you quiet -- u.k. equity futures are down in eighth of 1%. ♪ avtk"0 whole.miners and a weak cover prices made way on aghast that results. we bring you the numbers and we speak to the ceo in just a moment. rba explains itself. rates --cut interest we're live in sydney. post-brexit economy. today's inflation figure will be the first part u.k. data since the referendum. ♪ manus: you are welcome to countdown. i am manus cranny. $1.45 billion. that is the revenue. cent.nue of 1.3 these are numbers. capital expenditures, 385 million. going to deal with the cover price with

jonathan: record high, record high. highs on the major indices in the u.s. down, and0, the the nasdaq up across the board. this is bloomberg. ♪ david: business "bloomberg ." i'm david westin in the hewlett-packard an enterprise green. later on bloomberg, the skype cofounder. jonathan: from new york city and our viewers worldwide, this is bloomberg. you can see the picture on the screen. throw the nasdaq and there again, fresh records to speak about. europe is not really a record, but the dax is getting back to positive territory. the effect of a weaker pound has the ftse up a .5% higher. let's cross over to the nasdaq where abigail doolittle is standing by. abigail: another day and another record. we have an eye on a couple of stocks, starting off with the kc communications. they reported better on friday and closed higher by 41%. some of what could be happening is a high bear shortage. shorts could be covering a bit of a short squeeze. the company went public on may 12 of this year with the stock at $23. it is now

from manila, jonathan head has this special report. jonathan: the war on drugs is reaching all corners of the philippines. even here in the jail. many of these men are serving long sentences for drug use. in cells so packed with bodies, it is hard to breathe. it says something about the extent of the drug problems in the philippines that the police have had to come here and raid one of the biggest prisons around manila. there are clearly concerns about real drug problems here, but the focus at the moment as with so much of this campaign is people at the very bottom of the trade, not the people running it. at least here they can stay alive. but not here. the bodies of dealers and addicts are discovered every night in the slums of manila, killed either by police or shadowy hit squads. it started when this man, an outspoken crime-fighting mayor, was elected president in may. when he said he would kill drug dealers, he meant it. >> does the lives of 10 criminals really matter to me? jonathan: the president's still wildly popular for this k

let's welcome jonathan tice who covers banks.problem with the banks is there going through a tough environment. jonathan, what you make of the results. they could've been worse but they're not brexit. jonathan: a lot of banks are restructuring so a couple of mrs. or hits -- a couple of misses or hits does not matter. we're going to deliver on costs. positive business got -- they decided another by back. -- a lot ofbrazil things in it to do. the revenue environment remains horrible. and cost delivery is key. francine: banks like hsbc are cutting costs. how difficult is it to grow? you get have a strategy only built on cost-cutting. jonathan: they need to think about what they are doing to the franchise, cutting people. if you look at a lot of things, there and posting -- they are investing in growth areas. ing is one of the few banks relatively growing. you've got no idea on revenue at the moment. imagine being the manager trying to plan a cut. francine: this is a problem that we saw for long time. nine dini, overall, these negati

jonathan: yeah. carla: yeah. our first lesson, wa

david: jonathan? jonathan: my vote goes to lisa.re debt and taking advantage of low rates and carpets are doing good and there is no discussion about that. spreads areime when the way they are, the corporate is ahead of the curve. investors are looking at overall yield. lisa's chart is an intelligence test. i am voting that lisa. fiscal stimulus is all we have going. bank headthe deutsche of fx will give us his outlook for the u.s. dollar and global fx. this is bloomberg. ♪ a minutes from the opening bell in new york. this is "bloomberg ." happy wednesday. we are for hours away from fomc minutes. we are still looking for some kind of clarity. david: maybe a magical answer and i hope we are not disappointed. you wonder this is a concerted effort by the fed to get to wait risk in there. up on thisng program, we will have alan ruskin, the head of affects research at the deutsche bank. we look ahead to the fomc minutes and the dollar rising. he thinks the yen could be headed to the low 90's. let's check in where the markets are. the

david: you know the ftse well, jonathan. all kicked in, some of the big exports in the majority of the companies listed on the ftse are big international names, so a lot of it is sterling. that chart is critical. alix's chart,- they are buy and hold. that is why you see volume drop off so much. we have seen days like that, once a day. that is how like the volume has been. alix: banks will now have to buy and hold because they needed for collateral. it is sort of a boat by an old by the end of the day. david: banks cannot sell anymore because they have to have a certain amount. i will vote with alix. jonathan: i will split the vote. london wins. up, cisco's ceo will be here, discussing earnings as well as the transition to software. the market open is 34 minutes away. futures marginally negative. fx market decidedly weaker. a federal reserve the continues to confuse. ♪ we are 30 minutes from the opening bell in new york. this is bloomberg go. i am alix steel with jonathan ferro and david westin. you are seeing a 50% probabili