marci there with a front row seat to history.marci, thank you, and, remember, abc news will bring you live coverage of the launch on air and streaming on abc newslive. >> so exciting. >>> well, coming up, the news about peyton manning and his brother eli. >>> also ahead, a new kind of smart speaker. [♪] cooking and eating at home more often means food odors get trapped in your home's fabrics and released back into the air so you smell last night's dinner the next morning. for an easy way to keep your whole home smelling fresh try febreze fabric refresher. febreze's water-based formula deeply penetrates fabrics to eliminate trapped food odors as it dries. spray febreze fabric refresher when you clean up after meals to ensure your entire home smells fresh and clean. try febreze fabric refresher. brand power. helping you buy better. ♪ ♪ ♪ ♪ just two pills for all day pain relief. aleve it, and see what's possible. to run a growing business, is to be on a journey. and along the ride, you'll have many questions. challenges. and a few

marcy -- marcie, now that we have the plan build back better, they're going to mobilize revit capitalnd include you -- mobilize private capital and include you. we want you to go out there and start investing in some of this infrastructure, to show it is happening and working. what are you going to say back to them for what you need from them to mitigate the risk reward benefits you were talking about earlier? marcie: the areas of consideration are if we are talking about investing and developing infrastructure projects. political stability, anticorruption processes that would be an area that we would have to be mitigating a policy against or investment from our own government to assist private capital investors. second would be transparency of laws, regulations. third, the effectiveness of the judicial system to enforce them. we have currency risk concerns. we have relit tory settings impact -- regulatory settings impact investors. i mentioned management of the currency risk, credibility, we have counterparty risks there. human capital risks, we are not worried about human capital is

marcie: yes. thank you, jonathan, great question. a pleasure to be a part of the panel today. calpers is the largest u.s. public pension plan, number 10 globally. we run an asset portfolio of $470 billion, current valuation as of the end of june, but what calpers does is we have a dual mission, delivering pension benefits to 2 million california public sector workers, and we are the second largest health care purchaser beyond the federal government, 1.6 one million covered. managing that office portfolio, it has to be done efficiently in a risk-aware manner to generate those returns that sustainably pay benefits over a decade, so we are in evergreen fund. we have to think about risk and return, over decades, and over several public-sector lifetimes. our ability to deliver on that is defined by numerous factors. one is delivering on the expected rate of return. it just went from seven to 6.8 on a risk mitigation policy in effect, a 6.8% return over decades is a pretty difficult challenge for any public pension fund, and most funds discount their liabilities simulate to calpers

abc news reporter marci gonzalez reports that officials made a pledge to the families of the loved ones that are still missing. >> reporter: in the rubble, another heartbreaking discovery. search and rescue crews finding the body of a 28th victim. the team pausing for lightning but otherwise working around-the- clock through rain and strong winds. >> i am in awe of the men and women of the task force teams continuing to brave dangerous and changing conditions. >> reporter: the search efforts now finally at full capacity. now that the section of champlain towers left standing has been demolished. making it possible for rescuers to reach areas that were too dangerous before. >> the heavy equipment is now able to move around the site as needed. the looming threat of that building, the dangerous situation where debris could fall down is now eliminated. >> reporter: the new access fueling hope for some of the families of the 117 people who remain missing nearly two weeks after the collapse. with the officials saying the search will continue 24 hours a day until every single person is account

abc news reporter marci gonzalez reports that officials made a pledge to the families of the loved ones that are still missing. >> reporter: in the rubble, another heartbreaking discovery. search and rescue crews finding the body of a 28th victim. the team pausing for lightning but otherwise working around-the- clock through rain and strong winds. >> i am in awe of the men and women of the task force teams continuing to brave dangerous and changing conditions. >> reporter: the search efforts now finally at full capacity. now that the section of champlain towers left standing has been demolished. making it possible for rescuers to reach areas that were too dangerous before. >> the heavy equipment is now able to move around the site as needed. the looming threat of that building, the dangerous situation where debris could fall down is now eliminated. >> reporter: the new access fueling hope for some of the families of the 117 people who remain missing nearly two weeks after the collapse. with the officials saying the search will continue 24 hours a day until every single person is account

abc news reporter marci gonzalez has a look. >> reporter: wildfires turning through the west coast, fuel bide heat and a historic drought. >> it is just so much to take in seeing the whole hills burn and how fast it burned and how fast it devastated everything and everybody. >> reporter: north of lake tahoe, the beckwourth fire, destroying homes. >> i am still numb. i mean after losing everything that i worked hard and tpefr everything all of these years. it is gone. everybody says it is so replaceable and, well, no, a lot of it isn't. >> reporter: in central california evacuation orders in place as the river fire quickly spreads. >> threw cloths in a bag and took off. i hope everything is still there when i get back. >> and in oregon. the bootleg fire burning 150,000 acres. one of the biggest challenges for firefighters there and at the more than 40 other fires burning across the west right now. the extreme temperatures. >> you can fight fire for so long in this heat. then you have to get rehabilitation. >> the latest breaking records. this weekend, vegas reached 117 degrees. the hottes

marci gonzalez, abc news, van horne, texas. >>> another stunning moment to talk about.s since neil armstrong took one small step for man, one giant leap for mankind. the anniversary of the apollo moon landing was celebrated today at the science center in oakland. it is getting ready to open the nasa experience later this year in partnership with the center in silicon valley. nasa says these partnerships are incredibly important. >> they also enable us to reach the next generation. the kids today who will choose what areas to study and choose whether or not they are going to go into a field that will maybe work with the aerospace industry in the future or become a scientist. >> the visitor center will bring to life the thrilling, challenging, and inspiring process of scientific discovery. it fuels the imagination in so many ways. >> and so close, we can go visit. >>> let's see how the weather is , pretty steady right now. >> it will remain steady for quite a few days to come. here is a look at what the forecast features, so you have an idea of what is coming our way. low

. >> they have dismantled important public safety laws, like three strikes and marcy's law. >> reporter: meanwhile, at an elementary school in tulare county. governor newsom launched an effort to bring high-speed internet to everyone in california. with no mention of the recall effort. >> there's no reason to recall him. >> reporter: while supporters don't think the governor is getting a fair shake. >> i would be fine with keeping him. i don't think he's done anything bad or anything. i think most of the problems that he's being blamed for aren't really his problems. how can you control wiefrltds. >> reporter: those vie tog take over, caitlyn jenner and other candidates will be certified. the special election is set to take place september 14th. lili tan, nbc bay area news. >>> when will it reopen? details we're learning about the fairmont hotel in downtown san jose, which, if you remember, filed for bankruptcy earlier this year. >>> apple's decision to bring tech workers back into the office more slowly may not affect its bottom line. coming up, how small businesses say it hurts theirs

. >> marci gonzalez, abc news, los angeles. >>> i will turn your attention now to the coronavirus. the dangerously transmissible delta variant is spreading at an alarming rate. now biden is announcing a new effort to get shots into arms. >> millions of americans are still unvaccinated and unprotected. and because of that, their communities are at risk. their friends are at risk. the people they care about are at risk. this is an even bigger concern because of the delta variant. >> reporter: the delta variant of covid-19 is now the dominant strain in new cases across america. >> since early may, virtually every covid-19 hospitalization and death in the united states has been among the unvaccinated. so, if you are vaccinated you are protected. but if you are unvaccinated you are not. >> reporter: now facing a new front in the battle of the coronavirus pandemic, president biden is launching new strategies to get shots into arms and he hopes prevent more covid-19 deaths. including expanding vaccines to primary care doctors and to family care doctors who focus on younger americans. roll

so marcy and another song, there's one in response only i thought the stairs dody. it do it financial nice. but, you know, thank especially because one document the list us the spot on it for the millionaires with the moon to 91. pablo escobar made a deal with the colombian government. his expedition to the usa was an old and in return, escobar stopped his reign of terror and went to prison one. he'd filled himself under the same agreement. no police or government sheets are allowed within 3 kilometers of the premises. the ica for india. look, i'm not going to forward on the web with a photo. i am b yard is b bowl. he knows you had a guy come yellow. could you say that you're not as thorough as you will. not by just caution of the applicant. i'm going to proceed to the core. there are so i mean to muddy one and we'll get back to me. ok. and any other august this time, once i get to the info now yet, but if you want to get out of my state, i sent you another dilemma. case a money. her luck is topic ok. not yellowstone, you know, the north america or india. here is wh

so marcy and another song, there's one in response only i thought the stairs dody. it do it on financial nice. but you know, sanker session versus because one document the list us this button for the millionaires with the in 1991 pablo escobar made a deal with the colombian government. his expedition to the usa with a nose and in return, escobar stopped his reign of terror and went to prison. when he built himself under the same agreement, no police or government troops are allowed within 3 kilometers of the premises. the ica for india. look, i'm not going to forward as far as out on the web with a photo. i am be ya to be both he not sure i got it. let me call. yeah. yeah. wow. could i'm you said the book as soon as the issue enough, i guess i cautioned of the applicant, i'm going to proceed to task yet because there are so let me save money one and we'll get back to me. ok. and any other august time was due to the info. now, yet if you want to get out of my state, i sent you another dilemma. case a money. how is topic ok, not yellowstone, you know, the north americ

so marcy and another song, there's one in response only i thought the stairs do it, do it by no means nice. but, you know, thank especially because one document us this button for the millionaire with the moon to 91. pablo escobar made a deal with the colombian government. his expedition to the u. s. a was a no, and in return, escobar stopped his reign of terror and went to prison when he built himself. under the same agreement, no police or government troops are allowed within 3 kilometers of the premises. the ica for india. look, i'm not going to forward. as far as the web, within a photo, i am be yacht is be bone. he knows you had a guy come yeah. yeah. wow. could you say yes or not as to issue? not by just caution of the applicant. i'm going to proceed to the core. there are so i mean to muddy one and we'll get back to me. ok. and any other august time, once i get to the info now, yet if you want to get on my part that that got it. i sent you another dilemma. case a money. her luck is dummy coke. okay. not yellowstone, you know, the north america or india here. not as well. we are

. >> marci gonzalez, abc news, los angeles. >>> i will turn your attention now to the coronavirus. the dangerously transmissible delta variant is spreading at an alarming rate. now biden is announcing a new effort to get shots into arms. >> millions of americans are still unvaccinated and unprotected. and because of that, their communities are at risk. their friends are at risk. the people they care about are at risk. this is an even bigger concern becaa variant. >> reporter: the delta variant of covid-19 is now the dominant strain in new cases across america. >> since early may, virtually every covid-19 hospitalization and death in the united states has been among the unvaccinated. so, if you are vaccinated you are protected. but if you are unvaccinated you are not. >> reporter: now facing a new front in the battle of the coronavirus pandemic, president biden is launching new strategies to get shots into arms and he hopes prevent more covid-19 deaths. including expanding vaccines to primary care doctors and to family care doctors who focus on younger americans. rolling out more mo

i can get it done that they can find out so i'm going meals that you can find on get ok so marcy and another song there's one in there's portfolio stairs. dodie. do it on financial care. show me me nice. but you know sanker session versus because one document the list of this, but on a job for them with the moon to 91. pablo escobar made a deal with the colombian government, his expedition to the usa with a nose and in return, escobar stopped. his reign of terror and went to prison one, he built himself under the same agreement, no police or government sheets are allowed within 3 kilometers of the premises. the ica for india was to look on the counter forward. as far as the web, within photos i m b yard is be bone. he not sure how could you said you're not as issue enough. i guess how it comes up and i want you to call me monday one and will get back to me like okay, and any idea how much i get to the info now? yeah. talk to get on my estate. i sent you another car at the ltd. save money. how long is the week? okay, not yellowstone, you know, the north america e o u n. d, as in nancy

but covid fraud brought the fbi to marcy's home office, breaking the door to her napa condo. some neighbors watched the morning raid. i saw like a couple of people in their career jackets. they were going back, going back and forth to that house. it's not every day that you see it. everyone in your neighborhood. the case against 41 year old masi began with a tip from a family, claiming she sold them pellets to swallow with tiny amounts of covid that would give them life long. immunity pellets. interesting ouaziz. neighbors were also surprised to learn. she allegedly gave patients who bought pellets fake vaccination cards and told them to write in moderna, even providing them actual lot numbers, prosecutors say mozzie exploited disinformation and fear by telling people vaccines contain toxic ingredients. it's bound to happen with everything that we've experienced in the last year year and a half. i mean, i'm not surprised. honestly, i just didn't think would happen in our town, too. to deliberately defraud people for money, this acquaintance of masih says he can't see her want

i'll sleep better at night marcy in new jersey, my home state. >> caller: hi, jim thank you for takingy call. >> of course. >> caller: thank you for all you do for us. >> you're very kind. thank you. >> caller: i'm a longtime fan, second-time caller. >> excellent. >> caller: i love the picture of your rescue dog, nvidia. >> i miss nvidia. >> caller: i love the picture of you in your garden wearing a suit. >> i love that wear that when i garden it's important, you have to be sty stylish. go ahead. >> caller: my question is about the steel company. >> sure. >> caller: hit the estimates yesterday, yet the stock continues to go down is this because the infrastructure bill is stalled in congress, or are there other factors and should i sell? >> first, thank you for all the kind words second, here's what you have to know leon was on this morning speaking to becky on "squawk box. i think that if you look in nucor's record, we're in year one of a multiyear cycle i want you as i did with the club when i explained on the wednesday call, i want you to buy more it's a great level to pick up some m

getting someone up safely, and just as important, they've got to -- it is not like walking down mount marcye new york. you've got to come back. matt: didn't red bull send somebody up to the carbon line, and they jumped out with a parachute? a lot of people can go up that high. kailey leinz's dad is a fighter pilot. he can fly up there in an f-16. tom: right now, he went up on friday and look at the american employment commodity, tom porcelli joins us of rbc capital markets. inflation-adjusted wages are not there. do you just presume that somehow , we get inflation-adjusted wage growth? or is that going to be something we cannot attain in the coming quarters and years? tom: first of all, good morning. hope everybody had a good holiday. something like that is going to take more time that an otherwise would in the context of we have a lot of inflation right now. the fed keeps telling us it is transitory, so i think these inflationary pressures, it will take time for that idea to develop. what we have to keep in mind is as we look at wage pressures, very very present. they are starting to build

. >> he's trained on track and trail, whatevermarshburn, marci and kaz slogged through fields, forest trace of kelli. >> do you ever lose hope? >> oh, yeah. i got really frustrated and disappointed. i'm at my wit's end. >> then came an unlikely break. in may 2013, nick holbert was released from jail after being locked up from that parole violation. if holbert was happy, david marshburn was thrilled, because now he could deal with him face to face. just a day after his release, marshburn holed up at the house where holbert was staying. i've never talked to a killer. have you? >> i work for "dateline." >> were you worried he would kill you? >> i didn't fear him because i don't fear anybody. nobody is big or gad enough, it's the man upstairs i'm worried about. >> so it's more like, i want to get this right, i want to solve this. >> and if you do one thing wrong, it turns to hell. marshburn took a deep breath and knocked on the door. >> he answered the door. i said, hey, nick, i'm david marshburn. i'm a private investigainvestig. i'm here to try to find kelli bordeaux and i think you can

>> look at marcy. >>> let's talk about elsa, it is off the new jersey coast. it is continuing to push the heaviest of the rain out ahead of it, for several hours of moderate to heavy rain. that means more flooding as we head up and to new england throughout today and early tomorrow morning. we are looking pretty clear away from the coast where there are a few clouds. hot cars today, so watch out for that. it will be calmer on the water and it will be comfortable this morning on mass transit, but less comfortable in the car, and definitely when you get out of them or try to walk wherever you are going inland, this afternoon, clearly, the reason they reach 100 is that they are in the mid-70s. 50 degrees up the 101. if you look at the rest of our neighborhood, we have a lot of 60s in the east bay. we are starting warmer and we will end up warmer this afternoon. here's a . 55 ofd-s th7:00. arming once75 degraround the ba 180 -- the 50s on the coast, while we have 93 degrees for the bay and in the neighborhoods at 7:00. tomorrow will be the hottest day and i will h

marcy and her sons found the box with the trophy and $1000 inside. details on their instagram page. they posted it six days ago. two menno organized it wanted to encourage people to go outside. they gave clues to take seekers to the hidden money. it was such a hit that they plan to do it again. good for that mom and sons. >>> let's get a final check of your weather. >> we are forecasting clouds to come back. they haven't retreated yet all across the base. 70s and 80s when they do. they move back in. the sun sets at 8:30 five. cloudy at the coast and around the bayshore. clear inland. numbers drop into the 50s and it will be breezy. right now, winds 25 miles per hour peeking at 30 through the delta. 20 miles per hour by fremont. holiday monday, very little change with low clouds and fog once again to greet us in the morning. that holds through the middle of the week than warmer weather by the end of the week, especially inland. and slightly warmer across the bay. >>> thank you for joining us. abc7 news continues at 5:00 p.m. have a fabulous and safe f

marcy gonzales has the latest. >> reporter: wildfires raging for another day on the west coast. in doyle, california, residents rushing to evacuate as flames ravaged their community for the second time in just eight months. >> ng at us like the headlight on a freight train. >> reporter: the back with complex fire, the largest so far this year in california scorching more than 90,000 acres, destroying at least 20 homes. it's one of at least 58 fires burning across the west supercharged by their record drought and extreme heat. is threatening hundreds of houses and other buildings. in southern oregon, firefighters struggling to contain the bootleg fire which in less than a week has scorch an area larger than portland, eugene, and salem combined. that massive fire knocked out several transmission lines that's supplied power to california. officials are concerned about the possibility of power outages and asking people to conserve energy. >>> preparations are in full swing in napa county to get ready for what could be another destructive wildfire season. napa county fire chief updat

marcy says everyone talks about the pfizer/moderna vaccines. what about the j&j shot? do we need a booster? we received a lot of questions about the j&j vaccines. people are worried. should they be? >> that's one much my most frequently asked question. the answer is we don't have clinical data against the delta variant or at least not that has been publicly made available. we have laboratory data showing that people who have virus neutralizing antibiotics to the single dose j&j vaccines have some virus neutralizing antibiotics against the delta variant, but it's way down compared to the earlier lineages like the u.k. variant. and when i look at the numbers. >> and they are small numbers, one has serum from a dozen patients, another eight or nine patients are those who have gotten the vaccine, the decline is similar to the decline that we saw with the south african variant and we know that translates to a decline in efficacy. i don't want to extrapolate too much, but i think a single dose will have some decline and that means we got to really hear from the cdc and fda v

marcy asks everyone talks about pfizer and moderna vaccines. what about those of us that took the j&j shot? do we need a booster? what's our level of protection? we received a lot of questions about the j&j, doctor, people are worried. should they be? >> it's one of my most frequently-asked questions. and the answer is, we do not have clinical data against the delta variant, or at least not that's been publicly made available. we have laboratory data showing that people who have virus neutral neutralizing antibodies to the single-dose j&j vaccine have some virus neutralizing antibodies against the delta variant. but it's way down, compared to the earlier lineages, like the uk variant. and when i look at the numbers and they're small numbers, you know, one has about -- serum from a dozen patients. another eight or nine patients are -- are -- are those who have gotten the vaccine. the decline looks similar to the decline that we saw with the south african variant. and we know that translates to a decl decline in efficacy. so i don't want to extra

you allowed marcy to work. there are two lessons here. one is that kentucky knows what is best for kentucky. i would urge you to let kentucky be kentucky. in respect for the laboratories of democracy to lead to innovations vermont past male in votes that reflects their political culture. in kentucky, even with expanded absentee voting in a pandemic, most voters including most democrats voted in person. that reflects our political culture. the second lesson is that election policies should be made not by a caucus or tank but by election administrators who work in a bipartisan fashion. it also shows voters on both sides that the rules are not being read to favor one party over another. i understand the concerns you have with state legislators acting in a partisan fashion i would encourage you to do the same thing yourselves. do not be victims of a fall stared if. i don't agree with the election bill offered by some republican state legislatures. the reality is that it's far better than what we are hearing in this felt way echo chamber. the

i thought we were going to play some sound he made the case, marcy, as you did.air jay powell, who has said many times he's concerned about the delta, and if he talks about it this week, if that's a signal to the dovish markets >> fed chair powell has a tricky path it's trying to thread a needle with a clothesline right now he has left himself some wiggle room, right, in allowing himself to be flexible i think now is the moment to acclimate markets. if we can get a reset higher in rates, it's a lot less painful i would expect, especially hearing from the fed this week, to hear more about tapers, and once again in august i think tapering starts likely in the beginning of 2022, but i think i expect chair powell to says taper talk is different from -- and he's going to try to acclimate while the market talks about taper talk. >> i just wonder whether or not you think this delta scare, if we can call it a delta variant scare, is going to give powell some ammunition to argue for a slower pace. i think this would give the fed an execution and the declining cases from t

marcy frost, c.e.o. of call burn's, the california public employees retirement system, one of the biggest public pension investors certainly in the united states and i think it is the biggest, and maybe in the world. so delighted to have marcy with us from sacramento. and finally, not -- last but not least, definitely, stephen hadley, principal at wright hadley gates emanuel. together, steve and charlene co-chaired a task force john and i led a couple of years ago on global infrastructure and designing a u.s. global infrastructure strategy and we're just delighted to have them back with us to talk about that and sort of where we are today. so, i think with that, we're going to do sort of tag team q&a now. down the line as it were. i'm going to start with brendan, actually. brendan, you are everywhere in the world. your company. so i'm sort of interested in particular on linking the domestic and international story. we're a think tank focused internationally but the domestic infrastructure story is import