lisa: good morning. wednesday morning, partly cloudy skies.u can see the stratus clouds building along the coast early in the morning. it pushes even a little bit across the bay. by late morning, pulling back. ousley sunny skies, and we are looking at a nice day -- mostly sunny skies, and we are looking at a nice day. we are looking at raising winds. mid and upper 60's. shy of 74. over the weekend we are hot. kumasi: new at 6:00, expanding inspection requirements. the new law san francisco leaders just approved for skyscrapers. reggie: shopping in the suburbs. what is behind a booming business of retail outside of cities. ♪ ♪ ♪ ♪ receive a $7,500 ev lease bonus on a new volvo electric vehicle. i was hit by a car and needed help. ev lease bonus on i called the barnes firm. that was the best call i could've made. i'm rich barnes. it's hard for people to know how much their accident case is let our injury attorneys know he how much their accident cget the best result possible. overactive bladder, or oab, can change your world. like going hiking,

lisa good afternoon.t's new , welcome tatiana, we have a legal transformation of business , we discussed the draft law on entrepreneurial activity today in the capital and say with flowers how you love your native minsk. smart challenge launched a flowering recognition of the city in the capital. we'll see you on our live. thanks but we're back on air at 17:00 see you soon. the youth hockey team of belarus continues to prepare for the cup of the future on the eve of daniil lipsky joined the roster of commander-in-chief sergei stas a. the day before at the location of the team arrived konstantin volochkov kirill grishkov. nikita zhikharev stepan zvyagin daniil borushi and kirill bahelchuk let us recall the international tournaments with the participation of the national teams of belarus and russia will be held on chizhov karime from may 27 to may 30, the entrance for spectators is free in general, the team is good, and the fight will be the same with all teams, each match will have to be prepared , so each

lisa. hey, jobina. >> good morning.5 in oakland, 54 half moon bay and the city, it will be sunny. but look at the winds already 52. santa rosa and looking at the winds gusting to over 25 miles an hour in our inland valleys, mainly 60s 50s at the coast. kumasi thank you, lisa. >> now it's time for live with kelly and mark and we'll be back at 11 for midday live. we hope to see you then. have a good morning ♪ ♪ >> announcer: it's "live with kelly and mark!" today, check it out. we have "the family stallone" plus, i love mom week continues with a new look for laurie gelman courtesy of daughter misha. and get ready for round two of mark's italian soccer adventure. all next on "live!" and now, here are kelly ripa and mark consuelos! [cheers and applause] ♪ ♪

dallas 90s by monday as lisa: good morning to you. to more sunshine today. temperatures climb into the bayshore. mid and upper 60's inland. it is a cool >> i have arnie got my plans ready. brunch, frolicking. >> warm up with the midsection of the country, let's see what's going on with à [laughing] [cross talk] >> did you see the biceps, what he did. >> he ran four times this weekend. >> i'm try to keep up with gio benitez. come on. >> coming up on good morning america, gearing up for today's miami grand prix. top at one racers in the world and rising star. >> and humble hero who stepped medical emergency. what that teen is now saying about taking control of the wheel. you are watching "gma". ♪ i need to dig deep to do this, and this, and this. that's why every clif bar® is purposefully crafted with a blend of protein, fat and carbs. because the more good you put in, the more great you get out. salonpas lidocaine flex. a super thin, flexible patch with maximum otc strength lidocaine that contours to the body to relieve pain right wher

all right, lisa, good morning to you.. we can see the loop here. the past several hours. and this will move out of the north bay first. it is a level one system. you can see the peninsula showers lining up for san francisco into the east bay. the hills here 50s to mid 60s with some sunny breaks this afternoon. liz. okay, lisa, thank you. >> thanks for joining us. the news continues right now at gma and we'll but as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. at stores everywhere without a prescription. ♪ ♪ >> gio: welcome back to "gma." serving up waffle house. that is the new song off of the highly anticipated upcoming album. we have got all the intel coming up in this half hour. whit has been loving this one. >> will: i could

lisa, thank you. good to see you. leeann morgan: good to see you --lisa: good to see you?: i am stephanie sy with the latest headlines. an update, the house rules committee has voted late tonight to seven -- send the debt ceiling bill to the full house for consideration tomorrow. members voted in favor 7-6 and thomas massie voted in favor while gop members chip roy and ralph norman voted against the measure. north korea made a failed attempt to launch its first by satellite into space late today. the government news agency said that the rocket crashed into the sea. north korea vowed to conduct a second lunch soon and a satellite launch would be a violation of the united nations security council resolutions. police in hollywood, florida searching for three suspects after a memorial day shooting at a beach wounded at least nine people and a one-year-old. edo shows crowds fleeing was a gunfight erupted an official said today that what happened was beyond reckless. >> it is something certainly not ordinary to bearrying a weapon here on the beach. when you do something like thi

lisa: good running weather on the way today for beta breakers.l talk about a modest warm-up today. more so a power outage is looming. that's just alert, he's always getting worked up about something. flex alerts notify us of preventable power outages. that way we always know when to help stop one. ok flex, just drop some knowledge on me again. oh, ok i will - i'll turn our thermostat to 78... the blender. ok flex, just drop some knowthe hair dryer.in. - my blankie? - yep! - let's talk about it! - nope. ooo, we can save the laundry til' the morning! oh, yes please! oh! little things like this help save our power and help save us from outages. with flex alerts, the power is ours. stephanie: welcome back. here is a live look in santa cruz. a light breeze at the pier with beautiful skies. in sports, the giants were hoping tough adult on the road in houston. in the nba, we look at steve kerr's legacy with the warriors. chris alvarez has a look at sports. chris: giants looking to continue their perfect homestand saturday afternoon against the marlins.

lisa abramowicz. jonathan: debt ceiling optimism. welcome from new york city this morning good morning for our audience worldwide this is bloomberg surveillance alongside tom keene and lisa abramowicz. we have some debt ceiling optimism. tom: i think it's more than that i think it's more than the debt ceiling the president canceled the trip he is in japan. it's the debt ceiling optimism but what else is going on this is important. our first guest is an unconfirmed bull. it's percolating. jonathan: i'm with you. tom: alicia levine everyone is unhappy, that's the trick. jonathan: nibbling away at the rate cuts that have been priced for the second half. the bumpy road to absolutely nowhere. wednesday biggest one-day gain since may 5 what does that tell you? lisa: bumpy road to nowhere, i will repeat what you said. there's a little bump perhaps for the direction people calling this a risk rally risks are being taken off the table, potentially, may be. the catastrophic possibilities aren't as present as they were perhaps a week ago. tom: are rate cuts being taken off the table? jona

and lisa redtagged, good morning to you.rs. here's a loop of the past four hours and you'll notice that the showers still from san francisco sliding into the east bay. here is vallejo, american canyon highway 29 8-80. wet weather over into the east bay from walnut creek to san ramon, six 8-80 and pleasanton. some scattered showers and you can see from the peninsula dry now, but more will be moving in and in the south bay down towards morgan hill, san martin right on through the morning hours. this level one system moving out of the north bay. you can see a kind of an interesting shot from emeryville, low to mid 50s in the golden gate bridge dry right now. but boy, those guys still look threatening, don't they? 52 santa rosa. the fog is in the north bay this afternoon. a mix of clouds and sun. so the rain moves out by late in the morning to the early afternoon in the south bay. we'll be in the mid 60s with a little sun in our inland valleys and the accuweather seven day forecast another chance of rain. north bay on monday. al

data good, equity market up. lisaare we now at the point where people are putting aside the idea of rate hikes sing the fed will have to cut rates. we have seen the potential consequences of tighter credit yet higher inflation then expected isn't it a problem. when did that change? jonathan: deutsche bank, lost that hiking feeling. tom: last week, we are all exhausted by last week and then the weekend we didn't recover. it is about supports and resistances, whichever index or series you are looking at. we are collared in trying to break out and it is not happening. jonathan: great song. lisa: thank you for wrecking it for me. now i am going to be singing it. jonathan: we should get tom cruise on the show and get him to do his rendition. tom: he did a thing from the coronation from the jet. a royal contributor noted that. jonathan: you are a royal contributor. [laughter] tom: christian horner was there or something. i don't how he got to the coronation and back to miami. jonathan: good to know. the equity market, futur

lisa: good to see you. ♪ geoff: in the day's other headlines, u.s.on eased again in april, but was still stubbornly high. the consumer price index was up 4.9% from a year earlier, the smallest annual increase in two years. that's slightly lower than the 5% reading in march and well below a peak of more than 9% last june. the core rate of inflation, excluding volatile food and fuel costs, was up 5.5% from a year ago. officials along the southern border are bracing tonight for the end of title 42 tomorrow. the pandemic-era policy barred most asylum seekers. now, the biden administration says most migrants must first apply online or seek asylum in a country they passed through. the secretary of homeland security, alejandro mayorkas, also says 100 migration hubs are opening across the hemisphere. >> these are places where we feel, on a humanitarian as well as a security imperative, to meet people where they are, to cut the smugglers out, and to provide them with a safe and orderly way to arrive in the united states if they qualify for relief. geoff: unde

my view is that i think they will be good with it. lisahe likelihood that we kick up the debt ceiling $100 billion to get more breathing room? >> i think right now, it's a little too early to make that call. only because i think there is still enough time to do a deal. janet yellen f has beenuzzing up everything. first it was june 1 and we might not have enough money by june 15 and yesterday, they tried to walk that back. they understood the impression they were giving. the signal that politicians are getting from the treasury department and the white house is probably getting it first is that there is little bit more time than june 1. there is enough time to do a deal here. as i said to markets last night, he will not get something before the end of the week at the earliest. both parties will decide there is time to milk things first. lisa: you talk to people in the market and wake up to the debt ceiling negotiations and they will have more mind spinning of this topic. how much are they paying attention over the past few days? >> i would

lisa: good to see you. ♪ geoff bennett: in the day's other headlines police in , hollywood, florida searcheduspects after a memorial day shooting at a beach wounded at least 9 people, including a one-year-old. video showed crowds fleeing when a a gunfight erupted. officials said today that what happened was beyond reckless. >> it is something that's certainly not ordinary to be carrying a weapon here on hollywood beach. when you do something like this in broad daylight, with cctv cameras up and down our boardwalk, you will be identified, and you will be caught and brought to justice. geoff bennett: so far, two suspects are in custody. six of the wounded remain hospitalized today. a federal trial began today in pittsburgh in the deadliest anti-semitic attack in u.s. history. in an opening statement, a defense lawyer admitted her client is guilty. robert bowers is accused of opening fire at the "tree of life" synagogue in 2018 killing 11 worshippers. the defense is expected to focus on trying to prevent a death sentence. five people are still unaccounted for after an apartment building in dave

lisa good afternoon, what's new with you tatyana greetings thanks for difficult maternal work.ated in the first city hospital. well, today, on the calendar, the international day of museums is also celebrated by zhodzina local history as a gift. he received picturesque portraits of the city. thanks, we'll see you at 5:00 pm. see you. minsk is the champion of belarus in basketball among men's teams in the next match of the golden series stolichnaya, basketball players beat grodno 93. it was the third game of the teams and the third victory of the club. dmitry kuzmin's wards put up real resistance only of the opening match, losing only four points 67 71, but the second third meeting went completely with the superiority of the minskers, 174, 105, 63, respectively, let us remind the townspeople for the first time won the gold of the tournament in 2009. from that point on, they never lost. this is their fifteenth championship in a row aleksey protos tops the list of scorers, the belarusian striker in the calder cup family matches, scored a seed in the nhl regular season on account o

that's a good way of putting it. lisaseen that incredible volatility people are talking about. michael: we have seen it in the month over month numbers, but we are seeing in this core ex housing, we are down to five .16%, a 50 basis point move almost. lisa: we will continue this conversation coming up. andrew, erik, liz young and alexander yoakam on the regional banks. tom: liz young has been on fire on twitter. really informative. lisa: how do we get sense on how to move forward from cpi wednesday? this is bloomberg. ♪ >> keeping you up-to-date with news from around the world, with the first word, i am lisa mateo. after making little progress on debt limit talks, president biden and congressional leaders will have another meeting friday to defer a u.s. default. president biden calling tuesday's conversation productive but speaker mccarthy saying he did not see any movement. the u.s. has announced a package to bolster ukraine's air defenses and ammunition stocks. the eight also includes satellite imagery services and equi

lisa a.: it is good to see you!e action during commercial breaks, do think it would work for surveillance? >> for surveillance, yeah, maybe i could be in a sound booth and i could play music like the howard stern show, so whenever you say things your audience is used to hearing, i can play a sound. tom: explain why damien is here. jonathan: front and center, the prospect of a runoff, something erdogan has not had to deal with in recent times. how important is this? >> do we really think that erdogan is not going to be around in 2 weeks from now? do the markets really believe that? the chp are the centrists going to the runoff against erdogan. erdogan has nine lives. that country is financed by middle east and russian money now. for me, this is nothing ne-yo. this is a man who has -- nothing new. this is a man who has nine lives. it will be difficult to displace him. lisa a.: here is my question. we all think of this as a potential positive shift for turkey, if there should be some sort of surprise, or the status quo

but donald trump not testifying, lisa, good thing or bad thing for the defense? >> i think it was a bad thing for the defense. they said multiple times this is not a criminal trial therefore the burden of proof in a criminal case beyond a reasonable doubt isn't applicable. that had real reverberations for trump on the flip side, too. that meant because it wasn't a criminal trial, the plaintiff's lawyers could make a big deal out of the fact donald trump didn't show up. not only did kaplin tell the jury he didn't show up because he knew he did it, but the colleague said you've heard a lot about respect for the rule of law in your rule as jury ors and our justice system. donald trump didn't even have enough respect to show up, look you in the eye and deny an assault he knows happened just as you do. i thought that was extremely powerful. they exploited the heck out of the fact that donald trump, even despite his promises to the irish media, never came to confront carroll by sitting in the courtroom. >> so the jury is in the room. the judge has asked the jury if the

lisa: it is so good to see everybody.s is part of our sponsorship from blackrock to get back to the office four days a week. there is no blackrock sponsorship. i wish. we have debt limit negotiations coming up shortly. from new york, this is bloomberg. plex keeping you up-to-date with news from around the world. with the first word i am lisa mateo. president biden and individuals feel that they could reach a deal on the debt limit. it could avoid a catastrophic default. they want to come up within agreement by the time the president returns from asia. the softening sales trends are likely to hurt short-term results. the discount retailer critics the earnings in the fourth quarter will fall short of estimates. it is standing by its profit forecast, target is. in japan the economy expanded faster than expected in the first quarter. it rose at a pace of 1.6%. a easing of pandemic regulations led to an increase of can option and it will likely -- consumption and it will likely keep speculations of an early election and potent

obviously they need good editorial choices. lisaay we are talking about cost-cutting. if anyone goes anywhere near social media they will see discussion of the writers strike in hollywood that is affecting a host of different street big network, and i wonder this idea that writers want to get paid, this idea content once to get rewarded, given years of largess, the networks are not willing. how much will that be a persistent battle based on the dynamic we have been talking about? brian: i worry about that. both sides of the strike by be too optimistic in their expectations. all spit guard video, theatrical spending, and i calculate a 1% annual growth rate over the last 50 years on average. maybe that is about right going forward. it is shifting towards the far less profitable business of streaming. there is less money to divide up. lisa: there was also discussion with disney about declining revenues on their cable networks. how much of this is companies not necessarily having the extra money to advertise? how much of this is all of

lisa: this is a good question. if we see some sort of downturn globally, does this mean the dollar is not going to rally the way it has traditionally? steven: probably not. the question about the downturn in the world, we are less convinced of that. some of these things that happened, when you think about the shock from the war between ukraine and russia, the hit that occurred, the terrible terms of trade stock for many energy deporting regions, eurozone, u.k., japan, you saw currencies crushed last year. all-time nominal lows. as they have gotten through that, a good piece of their weakest economic growth experienced last year already. that is leading to upward revisions. china, not everybody is confident it is going to come roaring back, but it is better when it is not shut down. the rest of the world is producing some subpar growth. it is the u.s. that has had all of this strength, 3.5% unemployment rate. i would tell you again the effects of past stimulus are weighing it. i think people who believe that your is

i model them neu, popping wilson's toys and we, lisa shenise screaming. good, erica, tony can must depend on that are much for him each. and you see m one in the station, which you animate when you asking rick, the leach. good said good desk. it's made up of ukrainian nationalist record carrying hundreds of thousands of jews, pulse partisans and russian orthodox, judged priests in the welling, especially the doorbell porter for spoken in scottsdale, cribs with the history she knew of any abuse. a slate had been darrow, we considered a hero and his followers, ukrainian nationalists, supported by us intelligence agencies, were returned to politics and once again, demand special rights for the ukrainian church law. all not, not john in winter 2013. these are protests that will later evolve as my dan ukrainian junia judge made no small part in these events ah mm o. in the 1st days of protest, almost half the protest is with students in the constantly universities union, greece arrived in cave, most was citizens of belgium, poland, in the us, for example, the presi

lisa, thank you. thanks for joining us. the news continues right now with goode ♪ ♪ someday i'll be ♪ ♪ part of your world ♪ >> gio: sing it, whit. >> whit: i do not want to ruin it. you know i know these songs. "the little mermaid" already making a splash. the highly anticipated live-action remake starring halle bailey casting a wide net making $10 million in previews ahead of this weekend's premiere. >> i will spare you. box office predictions say it may swim away with one of the biggest opening weekend of the day -- year and $100 million in north america alone and 180 million worldwide. >> i left all the ponds in there. >> of course. >> gio: i can't wait to see it. returning to the grammy winner, kali uchis, now taking her show on the road and abc news contributor roxie diaz sitting down with the star. ♪ ♪ [singing in spanish] >> reporter: entrancing, sensual, and luxurious grammy award-winning colombian american artist kali uchis is captivating fans across the world and is one of the many great artists to play at the music hall in new york city with two sold

and lisa argent, good morning to you.the forecast. >> all right, liz, good morning. we are looking at some sun in san rafael, also walnut creek and concord, 51 cloudy. san francisco, 57 in mountain view where the clouds are going to hang tough for a while. here is walnut creek, partly sunny, 56 with the sunshine and concord upper 70s there low to mid 60s soquel's with clouds clearing late in the day there. >> all right, lisa, thank you. thanks for joining us. the news continues >> chessy! >> you rang? >> two martinis, please, and make mr. parker's a double. >> chess, please, i'm getting a migraine. >> janai: back now on "gma," a classic moment from the 1998 remake of "the parent trap," we all fell in love with lindsay lohan and lisa ann walter, who played chessy, sharing her shock in helping launch a fashion statement. take a look. >> and they dress like my character now, on twitter, they call it chessy-core. [laughter] >> gen z is dressing like your character chessy. >> it's hot, no, i say it's comfy. you think it's sexy

the good news is we are up 0.2% on the s&p 500. lisa: what's the bad?er. let's get to the bond market briefly. 10-year yield yesterday plummeting over more than 10 basis points. tom: accurate. jonathon: after climbing more than 10 basis points. it was about prices paid on the ism. we focused on the banks now. that's skip foreign-exchange and get right to these two names. pac west rebounding. it is negative by 3%. this is better. western alliance is negative by 3%. but it's not where we were 15 minutes ago or 20 minutes ago. tom: the balance is legitimate, it's not like it is breaking through lower highs. early trading is there. but all in all, is the faith there that we can follow on and leave that behind? i'm not so sure. jonathon: lisa, i know you're looking at the same thing. it has been at first republic, svb, signature bank, silver gate, credit suisse. it seems we are moving from one name to the other. i think there is a phrase speculative attack. it's moving from one name that has gone under and moving to the next name. lisa: you mentioned pac wes

this trend is not good. lisait is hard to take risk of asset off of the table and that is what some people have been saying. jonathan: it speaks to why the president is cutting the trip short. it is a feeling it's going to happen quickly. when janet yellen came out and talked about as early as june 1, there was a feeling it was a multiweek cushion in the mix. tom: where is that date right now? jonathan: i think it might be early june as opposed to early june with a cushion. tom: we go to someone who knows the answers to these questions. annmarie joins us. g7 leaders are meeting to greet and having dinner. what was the emotion at the memorial to all we have and hiroshima? annmarie: it is very emotional day. it is a powerful statement to have president biden alongside other g7 leaders go toward this gravesite -- tour this gravesite and the museum, a very chilling effect, and you have the prime minister of japan wanted to use this moment, this is his home town, and he wants to talk about the future. he must make sur

good morning, everybody. i am liz kreutz, here with lisa argen. a nice day ahead for us. lisa: we are seeing the clouds scattering out. temperatures in the north bay with the clearing skies, golden gate bridge, beautiful view, 60 in san francisco as well as oakland, palo alto, san jose 52, and from our tower camera, a partly to mostly cloudy and parts of the bay area this morning, but you can see the low 40's santa rosa, anywhere from two degrees to 12 degrees colder. yesterday, the rain, the clouds kept us on the mild side. we will be looking at a sunny day today. mid and upper 60's, bay and inland staying in the 60's, and tonight, we talk about a turnaround as we see more clouds and more systems visit us early tomorrow. details on that in a few miliz: dub nation is not solid this morning. the lakers now lead the series 2-1. abc 7 sports anchor chris alvarez reports from l.a. chris: for the second straight time, it is a blowout victory, this time it is the lakers in game 3 taking a 2-1 series lead. >> this one stings, but we do not have a lot of time to dwell on it, beca

and lisa arjun, good morning to you. let's get a check on the forecast. skies, san francisco, 52 degrees, 54. in oakland, it's 57. in san jose. and here in santa cruz, it is gray. temperatures in the mid 50s upper 60s today, low 50s santa rosa. so the low clouds and fog beginning to break away from parts of our east bay valleys. but you can see the fog a mile and a half visibility tsay half moon bay and the breezy winds from concord to walnut creek through the delta. and they'll continue to pick up throughout the day. so this is going to allow for the temperatures not to get too warm. and in fact, we're going to see those gusty winds at the coast allowing for cool temperatures, gray skies and temperatures below average from san francisco to oakland. upper 50s to mid 60s. it's going to be late clearing parts of oakland, emeryville and hayward today. liz >> all right, lisa, thank you. thanks for joining us. the news continues right now with gma. have a great day me? yup. hi. hi? treating your car as good as you treat your dry-clean onlies. i see you winning

this are our white house correspondent laura barron-lopez and congressional correspondent lisa desjardins. goode you both. thank you for being here. laura, the president says he will not negotiate but yesterday the white house called the congressional leaders and invited them to a meeting at the white house may 9. are they changing strategy? near term, no. the president's position is still the same. jean-pierre made this clear during her briefing today. >> he will make it clear in the meeting next week how is -- it is congress's constitutional responsibility to act. that will not change. amna: white house officials say the president in the meeting will say they need to avoid a default and there could not be conditions attached to that so the message of the same but they will also talk about initiating a separate process to address the budget and appropriations. they say they finally saw some of what house republicans saw. where are the republicans on this now? >> you will be a test for house republicans. they are also not changing their strategy. speaker mccarthy and mitch mcconnell plan to be

that my colleague, elizabethan, will already tell about this she works the capital of korea lisa the word goodfirst glance. it may even seem that before the second round the activity of the two candidates, not as high as before the may 14 elections. but in fact, many events are held by the current head of state. so a few minutes ago ended the event, which erdogan dedicated to the development of industry. now. uh, a lot of emphasis is being placed, including on the development of the turkish military-industrial complex, relevant leaflets are handed out to people on the street. for example, a party newspaper reports on the achievements that recep taip erdogan has achieved, uh, that recep taip erdogan came to in various posts for those the decades he spent in politics in politics. he publishes a letter in the first person addresses his constituents. he says that looking back, a understands that he devoted his whole life to the development of turkey and, for example, recalls the years of work in istanbul, how he did everything possible to ensure that the country's largest city became the most mode

s republican party, and whose leader is kemal, kalultara corner, i give the floor to her lisa yes colleagues gooding we really work in the headquarters of the candidate, who made real competition to erdogan for the first time in many years. turkey is on the verge of the second round. and just 40 minutes ago. it seemed that the second round was inevitable, but now it is clear that the data will be constantly updated and here at the headquarters there are a lot of reporters. they go live all the time. here even now in a circle. let's say there are dozens of cameras from all over here from all over the world, and uh, of course the reporters are interested. will the candidate come out today talk to the press regardless of the results. of course, i would like to know his opinion here at the headquarters, until they specify whether they are here at the headquarters. or he will come here later, but the likelihood is that he will perform. oh, he appreciates it very highly. but even more, uh, an hour and a half ago at the entrance to the headquarters. she says that the security measures are heightened her

lisa: that's exactly it. jonathan: they are hiding behind one hand. tom: we've been good about this. most of these banks including the fifth bank, jp morgan and bank of america are hiding how much money they are making. lisa: is that your golf voice? jonathan: about 150 yards out. tom: michael block walking up the 15th. jonathan: equities right now are unchanged on the s&p 500 and sharon bell will be with us from goldman sachs. lisa: keeping you up-to-date with news from around the world with the first word -- ukraine reported damage to dozens of buildings and vehicles in the southern city after another barrage of russian missiles overnight. ukrainian forces say they managed to shoot down four of the 16 missiles launched as well as 20 drones. president zelenskyy will return to kyev after attending the group of seven summit in japan where he suggested russian forces are losing control of an eastern city after months of fighting. u.k. prime minister rishi sunak is arriving back from the group of seven summit, facing another cabinet scandal and conservative party finger-pointing over mig

lisa. arjun, good morning to you. let's get a check of the forecast. gray sky here from emeryville low to mid 50s and from mount tam, that deck of low clouds is with us. >> it's going to retreat as we get that surface heating and we'll see mainly 60s and 70s today. gray at the coast. all right, lisa, thank you. >> thanks for joining us. the news continues right now with gma. have a great day like going hiking, just to hike to the bathroom. reaching for the bar, just to reach for pads. waiting for the sunset, just to wait for the stall. discover gemtesa. a once-a-day pill proven to reduce all 3 key symptoms of oab: leakage episodes, urgency and frequency in adults. do not take if you have a known allergic reaction to gemtesa or its ingredients. tell your doctor right away if you're unable to empty your bladder or if you have a weak urine stream. tell your doctor if you're taking medicines that contain digoxin or if you have liver or kidney problems. side effects may include headache, common cold symptoms, diarrhea, nausea, urinary tract and upper respir

good. lisa is returning to education after having four children and the break up of a relationship.st, its like, "oh, that might be mummy." so i have a huge passion in mental health because i've been a sufferer of mental health myself, and ijust want to get front line and help those in need. trainee paramedics at oxford brookes use new techniques, including vr simulations. and this — not an ambulance, but a simulance to make training as realistic as possible. students say current pressures on the nhs, including recent strike action among their paramedic colleagues, hasn't deterred them. we're coming into the nhs at a really interesting time. i think there's a lot of really important discourse that's happening within the nhs. as a structure, people don't go through the course without confusing it, knowing that's what they want to do. you are watching bbc news. to a story that is making headlines in the uk and nurses that some hospitals in england have begun a 28 alice drake with leaders calling for the public to use health services wisely. after talks with bosses the royal couege tal

lisa: very proud. good for him. reggie: i have a mutt. kumasi: we can think of some letters. rooster. reggie: tank. chunk. jobina: scavenger. rttc. lisa: everybody is waiting for a little walk outside. it is going to be a nice day. son on the way. temperatures a little shy of average, but they have been coming up slowly. we will get more dramatic with our warm up as we get to your thursday. watch out for mother's day weekend. very warm. the pressure sits offshore. 52 downtown. 53 in oakland. san jose checking in at 50. the sutro tower camera showing the bay bridge out there in the distance, with cloudy skies, the shaky camera. the windows up to 30 mph, so northwesterly winds keeping the city in the upper 50's, but the peninsula clears for low 60's, san mateo. mid-60's in napa, livermore, which should be around 74 this time of year. breezy, dropping through the low 50's in the seven-day forecast. about four degrees warmer tomorrow. about a 10 degree jump on friday. we are in the 90's inland on saturday and sunday. jobina: we are going to start with a life picture outside of wa

you lisa shenice thing. even good. erica polygamous depend on that. i'm on for him each and you see m y lee and station mention element. when you ask eager, couldn't he just said death squads made of, of ukrainian nationalists record carrying hundreds of thousands of jews, pulsed partisans and russian orthodox, much praise, especially in, in the welling, especially the doorbell approach, a still coming scale cribs with history. she knew of a later been darrow, we considered a hero and his followers, ukrainian nationalists, supported by us intelligence agencies, were returned to politics and once again, demand special rights for the ukrainian church law. all of the job in winter 2013. these protests that will lay to evolve as my dan ukrainian junia judge, made no small part in these events. ah ah ah ah ah, in the 1st days of protest, almost half the protest is with students in the catholic universities union greece arrived in cave, most was citizens of belgium, poland. in the us, for example, the president of the ukrainian catholic university bar is kw

lisa: i used to go in milwaukee when they would visit family. it has some good deals. an endorsement, coles -- kohl's. lisa: it caters to people on a budget and it is the lower end of that kind of sore. i'm doing an awesome job. tom: 10 year total analyze, -4% per year. jonathan: they can send you the check. lisa: how much? jonathan: the chief investment officer at wells fargo admit, should i be trading on robust pmi's or dreadful manufacturing once deco what world am i in? >> it is the latter. it is housing, manufacturing, the consumer, services. people think it is different and a will get us to a soft landing. you go back every recession since the 1970's, they are always rolling, they always happen at moments when you will have different pieces of the economy. it is hard-pressed to look at manufacturing and think anything is not in outright recession right there. the services and the consumer has held up. what is interesting, speaking of retailers, the retail stock activity has been dreadful. if you look under the surface, retail company stock performance, energy per

schools in moscow teaches the language here from the first grade during breaks eighth-grader lisa is taught a goodteapot from a tea-drinking bush back in the second grade, she was taught by a chinese master a little bit in order to delay a guest, if he pours a lot, then he drinks a lot at once and immediately leaves, but pours a little bit in order to to stretch the meal conversation immersion in chinese culture goes on even at breaks here is a short warm-up with elements of wushu. in mathematics, the teacher drives through all the vocabulary that the chinese are studying. this gymnasium used to be a famous deep learning boarding school. chinese was founded in the fifty-sixth, when the russian wanderers were the same brothers for a century, then there were different periods. i served those in places far back in the bad times when they looked at each other through uh, sight i went through it all. i know what it is and now you understand a completely different relationship? i know who the coniferous troubles are. it's different now because we're friends. of course, chinese from the first grade this

good morning it to all of you. it looks like the forecast. lisaskies and mist and drivel. there -- drizzle. there is going to be unstable weather to the north of us and this year nevada will have widespread thunderstorms. we are picking up on a lot of cloud cover. that is not reaching the ground. it is 54 in san francisco. oakland is -- there it i we had a few peaks of sun. with all the cloud couple degrees milder. there is a breeze through oakland. that will keep temperatures cool today. we look for mostly cloudy skies. temperatures are mainly in the 60's. it could pump up to near 71 we have late day afternoon sun. liz: in the injection sites could be a reality. there will be room in the budget for something called wellness hubs. as we report, this could lead nonprofits opening privately funded sites. >> at the end of the day, some people are going to like it and some people aren't. that's just what it is. i am putting everything on the line to change what we need to do. >> a public promise from the mayor this week, to get tougher on drug dealers

good morning, everybody. i am liz kreutz, here with lisa argen. a nice day ahead for us.n gate bridge, beautiful view, 60 in san francisco as well as oakland, palo alto, san jose 52, and from our tower camera, a partly to mostly cloudy and parts of the bay area this morning, but you can see the low 40's santa rosa, anywhere from two degrees to 12 degrees colder. yesterday, the rain, the clouds kept us on the mild side.

it came back to vacation so how long before we see this go from goods to services? lisacting a disinflation. ♪ >> i'm leaning toward the bond market view that we are in for volatility. >> we are bouncing into the ceiling at a floor effect. >> the fed has done a good job of continuing to support the economy while raising rates and taming inflation. >> we will not go back to 2% i think there is another upside surprise when it comes to inflation data. >> this is bloomberg surveillance. jonathan: live from new york city this morning good morning. for the audience on tv and radio this is bloomberg surveillance. alongside tom keene and lisa. later this morning retail sales in america. and other earnings after that this week. blaming lumber deflation, disinflation, take your pick and also the weather. people this morning looking a little further than that for home depot. it down 4%. tom: it is about buys with retail. you have to get them through the door whether it is physical or online. that seems to be the problem. i should say this is a well executed machine. the apple compu

good? yeah, yeah. it's from lisa. yeah. hm . i'm fine. haven't via the said at 1st there's some apprehension i can view, but then you find out what the culture and the people are like on that. and then it gets easier as cfo. but as happens everywhere on i was get it, let me go from care roller. to bind to lower and then go to another state. india said to us the only the situation is always the same. the noise. and let's see each person. so fireman speak very freely and some they're very open on the always in the theater mind. they speak their minds. this, it's good to live with this freedom. i'm by 11. kind of the same. i always say he says he doesn't want anymore. just man. yeah. you stop a, i am visa. yes, i have lost a bit of weight. feel me, it's a little hard for me to contribution sweetie. that was, i haven't ever done much cooking, haven't organized. so if you to get go in indian mazda in india, the women do all that the event and things are, as they should be, was it was, yes, it has the me now let's just tell you how we've done t

good news for jp morgan, a good deal. lisa: what does this mean for the fbi see?terms of bailout culture? what does it mean in terms of banks it will fail and a lot of lawmakers want to see those banks fostered, want to see them go forward. it is a tense moment going forward. jonathan: kathy, it is wonderful to catch up with you. i can't believe it's the first time we have spoken in person for three years. this is another bank that has gone under in the united states, another last-minute deal. here we are. the federal reserve gets to hike interest rates on wednesday. i'm sure you've heard the same commentary we have. this is an about with the federal reserve has done. we heard from john williams a couple of weeks ago, he doesn't think it's because they went from zero to five so quickly. >> it has a lot to do with how much the fed has tightened. the fed tightens until something breaks. clearly, they moved such a rapid pace there is an impact on financial stability. we are seeing it in some of the banking areas. it doesn't mean that credit risk is a big issue. it's

lisa has got a very good point, the margins — her. rgins are _ her. lisa has got a very good point, the margins are thinner _ her. lisa has got a very good point, the margins are thinner on - her. lisa has got a very good point, the margins are thinner on value i the margins are thinner on value lines. _ the margins are thinner on value lines. the — the margins are thinner on value lines, the own label lines, the bottom — lines, the own label lines, the bottom end of the price range. if they are — bottom end of the price range. if they are going up, quicker than the bland _ they are going up, quicker than the bland prices, that is concerning but i think_ bland prices, that is concerning but i think it's — bland prices, that is concerning but i think it's important to say i am probably— i think it's important to say i am probably of a generation in the industry— probably of a generation in the industry that remembers the last time we — industry that remembers the last time we had inflation of this nature in the _ time we had inflation o

good morning. ♪ >> with the first word, i am lisa matteo.said a deal as possible before june 1 and that is the date by which janet yellen has warned the u.s. could work --when out of money to pay bills. germany has suffered its service -- first recession since the start of the covid parent -- pandemic. that followed a half percentage drop between october and december. the government says lower household spending on food and furnishings was responsible. nvidia is on track to beat apple for a record single date market gain. shares are surging after the company's forecast boosted confidence that the chipmaker can keep its business writing by focusing on artificial intelligence. if the game holds, it would rise to an all-time high and that would top apples high. lawrence wong says the widening rift between the u.s. and china appears to be on record siebel -- appears to be on reconcilable. --unreconcilable. 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

here are the keys and good luck to you. lisaer you think that commercial property devaluation is going to be what triggers the fed to cut rates. bob: it is not just commercial property. there are a lot of other things going on. the regional banking system is on life support. many of the regional banks have their entire securities portfolios on repo to the fed at par. they are trading in the 90's and they have the cash at par sitting there. those are in the water and now with the federal home loan bank so they have cash to meet deposits around close. we will know in two months when we get bank earnings what is happening. my impression there is -- is that there is still outflows at the regional banks. be don't know how the regional banks will offer rate -- we don't know how the regional banks will operate -- the third is just the cost of funding corporate america. you had an incident pool of free money available for several years. url below investment grade barber, slap a 5% credit because on and there is your 5% borrowing rate an

cornell: lisa knows the slogan like a good neighbor, state farm is there, but she wonders how true that is after the company announced it will no longer ensuring new homes and properties in california due to wildfire risk and rebuilding costs. existing customers like lisa will not be affected. she and her family spent the last five years rebuilding the home they lost in the 2017 tubbs fire. the house is complete but lisa worries about others moving to the area thing to ensure their homes or businesses. >> insurance is when things go wrong and fire is something going wrong. when you want to ensure in california, one of the biggest areas they ensure, you should have to ensure everyone in california. cornell: state farm auto policies will remain the same. the company made the decision due to increases in historic -- increases in construction cost and a challenging reinsurance market. it is necessary to take these actions now to improve the company's financial strength. california has experienced record wildfires the past six years. state farm is the second company to stop offering coverage

. >> yikes, salacious is a good word to use on that. thanks, lisa. for that.et down to the new reporting this week from the washington post, which offers details about the moment, or the movement of classified documents at mar-a-lago and who gave instructions to move those boxes. but is that, in itself, a smoking gun? just for the sake of argument here. can't trump's lawyers offer a reasonable amount of why documents that may have been moved around the -- >> i don't think, so alex, it is belied by the truth. so what makes the week's washington post reporting so explosive is that what it adds incrementally to what we already know. we already know that mar-a-lago gave someone else that we know now a maintenance worker things to the new york times reporting, not only moving boxes back into that storage room on the morning of june 2nd before trump lawyer, f a core thrown, did his search to turn over documents to the permit of justice next day. but we also know that those boxes were moved out, sometime between may 11th, when the subpoena was first issued, and when

good near yes. going to meet with lisa one of the lead on my lot of my grief the yeah, now mostly mostly gus. i a little murder, but to me, but what i saw that he will not go into the rank up somali yet because we do the last day for my thunder. me, me dias to magic and those because they do a lot of that. but to d, the mighty kansas mom milan. but who pointed around the was for going to get the didn't i did my, my gym, my the date i had, but he didn't give me the mail. i made bands of, of a day to study, continue honestly, the harder the people who gone to the upper public to look at how it could be put to a law many please select gate who came up in the constitution. but that's really a journalism or documentary filmmaking. start you talking to her mighty, your hockey issue, have highlight, ah, that's why me the journalism got to have the founder isn't but for less emphasis. i am more liberal in and for them to get an indonesian yet said get up and put them on, put the money to get them on the sun to see the thought of this. but then it went up, but then the book, but it got by it telling m

lisa over to you. yes goodning at the headquarters of the republican people's party, it is unusually noisy now , moreover, there is even a festive atmosphere. true, this is not at all the celebration that was expected here. the fact is that less than an hour ago, supporters of rzhep, tayyip, erdogan, and the presidential palace began to arrive here. it's less than 3 km, and buses came here, from which loud music sounded , people come in their cars. here we even saw construction equipment, on which people stood with posters of the party justice and development. of course. this caused dissatisfaction with those people who came to support kemal, the qulch dar corner, but there are a lot of police here. first of all, she made sure that journalists and opposition supporters did not run out onto the road. and, of course, so that there would be no clashes between the two opposing camps, a few minutes ago, the performance ended, kemala. glych-dara. the depth is here. conference in the press conference hall, even uh, we