mark: i'm mark crumpton with bloomberg first word news.dent biden wants to prove to the world that the u.s. is join the fight against climate change. he will discuss cuts that are achievable. but the u.s. will have a wide credible at he gap to overcome. the international climate summit begins on thursday. texas governor greg abbott could be in for a tough run if a hollywood heavyweight decides to challenge him. a new poll from the dallas morning news gives matthew mcconaughey a 12 percentage point lead over registered voters. republicans still favor abbott and about half of democratic voters say they would like a progressive. mcconaughey has said he's more of a centrist. boris johnson is canceling plans to visit india. cases of coronavirus there are soaring and a new variant has emerged. prime minister johnson faced growing pressure and put india on the u.k. travel ban. india has the fastest growing covid-19 case load. nasa conducted its first test flight on another planet early this morning. a four pound helicopter named ingenuity ascende

mark: i'm mark crumpton with first word news.k., non-essential shops and salons are once again open, plus outdoor dining. since early january commit research and have been in place in england and other parts of britain. since then, hospitalizations and deaths have fallen. more than 60% of british adults have received at least one vaccine dose due to a mass vaccination effort. the inviting administration is scrutinizing china's plan for a digital currency. it could kick off a long-term bid to topple the dollar as the world's reserve currency. right now it only makes up a fractional foreign-exchange compared to the dollar. president biden's spending and tax proposal is being taken up by democratic leaders, as they began considering the president's proposal. his american jobs plan focuses on structure and some social measures. the president is expected to ask for another massive investment in programs focused on health and families. a year since the coronavirus became a pandemic, 8.4 million fewer americans are working. one reason i

i am mark crumpton. this is bloomberg. matt: it is 1:00 p.m., 7:00 p.m. in berlin, welcome to bloomberg markets. here are the top stories we are following. countdown to the fed decision. we will discuss the latest in the race, what to expect from the fl mc. we will bring you the latest on the virus and vaccines as the u.s. continues to expand its reopening while countries like india struggle to contain record infections. and e-sports and pro racing crossover e-sports giant volo shea becomes the first to acquire a real-life sporting franchise ahead of its planned public offering. we will speak to the ceo, rupert cook. let's take a look at what is going on in markets. there's not a lot of movement. when you look at cross asset classes, you see the s&p up .2%, but other benchmarks not even moving that much. the 10 year barely budged. brent crude is down, but only .8%. when you look across the slew of assets from gold to fx, there's not a lot of change on the day with the exception of bitcoin. right now, $53,000 roughly. that is up 6% from friday,'s close, 12

mark: i'm mark crumpton with bloomberg first word news. we begin with breaking news.son is dead, two people were wounded in a shooting at a long island, new york was restored. police say the person killed was a 49-year-old employee. shooting reportedly happened inside a managers office. a couple hundred people were inside the stop and shop when the gunfire broke out. an iranian official today characterize the ongoing vienna talks over a faltering nuclear deal as positive and cautiously hoped for understanding to be reached by all sides. the iranian cabinet speaker told reporters, it is too soon to express optimism or pessimism about the final outcome of the negotiations, but we are sure we have chosen the right track and are moving in it. he insists sanctions must be lifted before any possible agreements. afterwards, iran would come back to full compliance with the deal if it can verify the removal. high-level talks are aimed at bringing the united states back into the 2015 nuclear deal with iran. the president of chad has been killed on the battlefield in a fight aga

. >> i am mark crumpton bloomberg first word news.sident biden made a new commitment to cut u.s. fossil fuel emissions by 2030 to 52%. it came at a virtual summit on climate change where he convened global leaders. it also marks an american return to climate efforts after a four-year absence. a grim milestone in new york, the state has surpassed 2 million total covid-19 cases. the county with the most reported cases is in brooklyn, also the county that has experienced the most confirmed deaths. this comes as the state ramps up vaccinations and public health measures to reduce the virus spread. one year ago, new york city became a global epicenter of the virus. police across the united states are praising the guilty verdict of derek chauvin. they say this is the first step towards healing the tattered relationship between communities and police officers. on tuesday, a jury convicted the former cop of murdering george floyd last may by kneeling on his neck for 10 minutes. in russia imprisoned opposition leader alexei navalny says he fee

bounce forward, with comcast business. ♪ >> i am mark crumpton with bloomberg word news.rities in indianapolis say a gunman who opened fire thursday night at a fedex facility killing eight people, and taking his own life was a male in his 20's. indianapolis police chief also noted that a significant number of employees at the facility are members of the sikh community. it was at least a third mass shooting this year in indianapolis alone. >> nothing we learn can heal the wounds of those who escaped with their lives. but who will now bear the scars and endure the memories of this horrific crime. mark: authorities trying to determine a motive for the shooting. china says the u.s. is being "too negative" towards china on the issue of climate change. the chinese foreign ministry also cured -- criticized -- and change targets set by the paris agreement set by 01

i want to send it over to mark crumpton with first word news.ly vaccinated americans can be unmasked when exercising, dining and socializing outdoors in small groups. yes according to new guidance from the centers for disease control and prevention. >> for vaccinated people, out of activities without a mask are safe. however, we continue to reprimand -- recommend masten outdoor crowds and venues. it's also safer those vaccinated return to the activities they love doing inside while wearing a mask. mark: the recommendations represent one of the most significant relaxations of guidelines since the pandemic began. nearly 30% of americans are now fully vaccinated against covid. president biden is expected to speak any moment on this issue. little bring you those comments live. two new cases of blood clots linked to johnson & johnson's vaccine are being investigated by the federal health officials. the centers for disease control tells bloomberg news one case was in a male and the other was a female, both of whom are younger than 60 years old. the ne

. ♪ mark: i am mark crumpton with first word news. six u.s.en between 18 and 48 who received the johnson & johnson covid vaccine developed blood clots. this prompted federal health agencies to call for a pause in the distribution. >> of the clots in the united states one case was fatal and one patient is a critical condition. while we review the available data out of an abundance of caution the fda and cdc are recommending a pause the use of this vaccine in the u.s. mark: the j&j problem is likely to cause concern around the world about vaccines. this after similar issues with the astrazeneca shot. nearly 7 million doses of the j&j shot have been given. the u.k. has hit its target to offer a first coronavirus vaccine to all over 50 edit schedule. that is a significant boost to boris johnson's plan to unlock more of the economy. the national health service invited people aged 45 and older to book vaccinations online. near minneapolis a second night of protest following the fatal shooting of a black man by a police officer. the police chief said

i am mark crumpton. this is bloomberg -- i am mark crumpton. this is bloomberg. ♪ >> it is 1:00 p.m. in new york, 7:00 p.m. in berlin, one a clock a.m. in hong kong. i am matt miller and welcome to "bloomberg markets." here are the top stories from around the world. double verified public debut. we will speak to the media tracking company ceo as it goes public on the new york stock exchange. plus artists cash in on music. we will discuss the recent surge in rockstar selling their music rights with the chief executive officer of brown hill music, a fund that owns the right to songs by artists including the beatles. later this hour, we speak to famed economist and bear, gary shilling. we get his outlook on the economy and see what he thinks about the big jump. . in growth expected by many first, a check -- jump in growth a specter by many. first, a check in the market. we have a drop in the s&p -- i'm sorry, a rise in the s&p and a drop in tenure bonds. the s&p is trading up 22 points, 41 point 57. the tenure yield at 156 -- 41 57. the tenure yie

. ♪ >> i am mark crumpton with bloomberg first word news.e surprising news from researchers from johnson & johnson with the coronavirus vaccine have identified 15 people with rare blood clots linked to the j&j shot. that is more than double be cases that led to the cause of the vaccine. they meet with ecdc today to discuss what do not. that underscores how much she pandemic has changed even the most firmly established traditions washington. there were only be about 200 people in the chamber, the departure of the usual cramped room filled -- with and guests. mr. biden spoke on day two of the virtual climate summit. pres. biden: i very heartened by president putin'll

mark: i am mark crumpton with bloomberg first word news.to of bidens virtual climate summit ended with a open sign economic opportunity. j -- -- >> today's session is about the opportunity that addressing climate change provides. >> president biden announced a new commitment to producing wish wins -- emissions, but -- commitment to produce emissions reduce emissions. bloomberg learns there were only about 200 people in the chamber, a youth -- an unusual departure from the normal craft room.

i'm mark crumpton. this is bloomberg. amanda: i'm amanda lang. welcome to bloomberg markets. i'm matt miller. we welcome our bloomberg and bnn bloomberg audiences every day at this hour. here are the top stories we are following. the economic recovery quickens. u.s. retail sales returned to pre-pandemic levels and initial jobless claims hit their lowest in 13 months. wall street loud corridor join their peers as they beat on trading revenues but shares are down. we will discuss what's weighing on financials and a look at the state of star -- start ups. we will look at the founder of slice about the company's latest funding round of dollars. amanda: we have equity markets at or near record levels here. once again enthusiasm for stocks across the board. it's not a total move higher. we've got weakness for energy, financials aren't great but tech is soaring. health care is strong. inside tech, this may just be a rotation into a group continuing to grow even if evaluations are being stretched. huge move in chips and look at the 10 year. we've got this incredible move in bond yiel

i am mark crumpton. this is bloomberg. >> it is 1:00 p.m. in new york, 70 5 p.m. in berlin and 1:00 a.m. in hong kong. i am matt miller and here are the top stories from around the world. counting you down to the fomc race decision due out in less than an hour. we discussed the hales of the u.s. economy and how it compares to economies around the world. and we will focus on the health of the consumer as shop if i shares sore after the company crushed revenue and earnings expectation. we will speak to the shop if i president. 00 s-- shopify president. as consumer show strength online, is he or she returning to restaurants? we ask the ceo of opentable what the data is telling us about the economic recovery and dining. let's get a check of the market. not a lot of market in stocks. we have seen the down more than 100 points down most of the session but the s&p is holding unchanged or around that level. the u.s. 10 year yield is up, sorry, the yield is down and the price is up. this is where the u.s. 10 year yield this training. bloomberg u.s. dollar index coming off

i'm mark crumpton, this is bloomberg. ♪ amanda: welcome to bloomberg markets.att: not you and i together, we have only been together since valentine's day but overall, we've been here for three years and we welcome our audiences together at the same time each day and here are the top stories we are following. u.s. personal income sword the most can margin monthly records since 1946. we dig into what drove that rise plus, wall street is reacting to joe biden's tax plan and we will discuss mixed reactions across the street and eight to david hunt for his thoughts on the proposal. as the nfl 2021 draft kicks off, we will speak with the ceo of zap, the company that is allowing one of the kansas city chiefs players to convert his entire salary into bitcoin. he is not as crazy as it sounds. amanda: we will be the judge of that. let's check on the markets. it's a funny day out there with lackluster turnout for stocks. maybe it's the mindset but these are not markets that are responding to what we saw from the big tech earnings we have seen which have been pretty darn

i am mark crumpton. this is bloomberg. >> this is bloomberg markets, i am matt miller.e are awaiting the first trade of coinbase shares on the nasdaq. we are trying to make a market. coinbase is set to open at $382 per share. though that indication has been steadily chronic -- climbing through the last hour. at 10:00 it was at 340 we will continue to watch that. we are getting word that this will trade in about 10 minutes. and of course, we will bring you the first trade live. let's dig into those powell headlines we got from david rubenstein's interview. we are joined by the ceo of hyder capital management. i hope you caught that interview, it was difficult to get a lot out of him on monetary policy, and sequencing. how should we expect this -- expect the fed or let's start with glenn -- let's start with when should we expect the fed to ease off a little? taper, and think about thinking about raising rates. >> it's too early to talk about tapering. but obviously they are going to taper at some point. i think the market thinks that the fed is going to announce the taper

mark crumpton was listening to that. martin, let's get to inflation and the politics of it.s come. that's comes down to in the political economy is the distribution of a boom economy. do you assume that you are -- with all you are taking in from bloomberg that there will be inequality here and that this is a boom economy that will only help the haves? martin: there's a real effort to make sure certainly at the fed that a recovery does capture the least fortunate in our society, which is what is driving this whole notion of the fed staying easy for longer. the interest-rate environment is critical for this policy to go forward, because an unexpected rise in interest rates will challenge all the stimulus efforts of this biden administration. the ability for them to do that. tom: including the dumps of the gdp, which is on 5/6 standard deviations are now. if i look at the distribution of a boom economy, he comes back to the housing market, which i associate with the haves. the haves have a lot of money now. up goes housing because of the shortage of supply, and that circles bac