mark: i'm mark crumpton with first word news. democrats are getting closer to an agreement on a roughly $2 trillion compromise version of president biden's spending bill. nancy pelosi says that she is optimistic after a meeting today with the president and chuck schumer. the deal could allow the house to vote on a separate $550 billion bipartisan infrastructure bill that has been held up by progressive lawmakers, who first want it on the larger bill. -- who first want an agreement on the larger bill. pandemic relief spending sustained at the federal government's massive borrowing needs and to the treasury department says the deficit for the fiscal year, through september, was $2.77 trillion compared with or $3.1 trillion seen in the previous year. the gap was $897 billion less than forecast in the administration's budget outline earlier this year. the battle over a strict texas abortion law is going to the highest court in the nation, the supreme court has agreed to hear arguments in the case.that leaves the law in place for now.

let's go to mark crumpton first word news. mark: johnson & johnson has asked u.s. regulators to approve a second dose of its covid-19 vaccine as a booster for adults. the company says a late stage trial found a second shot of its one-shot vaccine provided 94% protection against moderate to severe disease. if approved, j&j's booster could give millions of more americans additional protection against covid-19. american officials are pushing the singapore government to open up a travel lane so that visitors from the u.s. can enter with the same sort of freedoms travelers from singapore get in the united states. u.s. officials emphasize the trade and investment relationship as a reason why a travel lane should be prioritized. the u.s. is singapore's largest foreign investor. russian president vladimir putin has dismissed climate change for years. now he is prodding officials to take the threat it poses to the country's economy more seriously. the kremlin is likely to come to the glascow climate summit next month with proposals to coordinate with europe on carbon emissi

mark: i'm mark crumpton with bloomberg's "first word news." a british of parliament has been stabbed to death. he was treated at the scene but died. a suspect has been arrested. he was 69 and had been a conservative mp since 1983. lawyers for the suspect in the killings of working students and three staff members at a high school in parkland, florida said he would plead guilty to the murders. he enters the penalty phase where we will help -- where he will fight against the death penalty. the shooting sparked a nationwide movement for gun control in the united states. the u.s. is moving towards travel options for those who are vaccinated. the u.s. will open its border to vaccinated foreign travelers. they are the biggest changes to u.s. travel policy since the early days of the pandemic. the older system barred some coming from areas like china. former president bill clinton has been hospitalized for sepsis. he is responding well and will remain at the hospital for observation. he is 75. global news 24 hours a day, online and at quicktake on bl

mark: i am mark crumpton.en heads toward his childhood hometown of scranton, pennsylvania. he will try to boost public support for his economic agenda. he spent much of tuesday meeting with key lawmakers to broker agreement for a bipartisan infrastructure bill that has already cleared the senate and a social spending package that democrats are attempting to cast along party lines. the u.k. will not yet bring back restrictions to help curb covid restrictions. instead, health officials said they will be focusing on the introduction of antiviral treatment and accelerating the national rollout of booster vaccines. new daily covid 19 cases in the u.k. have persisted above 30,000 cents early september. brazilian lawmakers said the president should be charged with nine crimes, including crimes against humanity. senators are wrapping up their

i am mark crumpton. this is bloomberg. matt: i'm matt miller. welcome to bloomberg markets. here the top stories from around the world. we will bring you updates throughout the hour from apple's unleased event where the iphone maker is expected to reveal its long-awaited redesign of the macbook pro that uses its own in-house chip. we will go live to the health conference underway in boston and speak to the ceo of good rx about the cost of lowering prescription drugs. and we will talk to the ceo of the crypto firm going public on the new york stock exchange about the launch of the first u.s. bitcoin futures and what this means for institutional adoption of bitcoin with the cost of crypto on the rise. you can see the s&p 500 is now up. it had been down earlier. you can also see that the u.s. 10 year yield is up. this is true at the shorter end of your curve. the sovereign bond column is packed with black boxes. they are all too years across the globe. brent was up over $86 a barrel. it's now trading down. bitcoin trading just under 62,000. i want to get to the flattening treas

mark: i'm mark crumpton with bloomberg first word news.rry mcauliffe distanced himself from president biden in a bid formal -- for more votes in the virginia governor's race. as polls show extreme late tight race, the former virginia governor's counting on the power of the presidency to give him an edge in the november 2 vote. he's planning a campaign appearance with the president tonight, just weeks after he blamed mr. bidens saddened -- sagging approval ratings for his own slump in the polls. the united states will expand visa processing efforts to accommodate an expected spike in applications under a new policy that loosens restrictions on vaccinated travelers. the u.s. will open its borders to fully vaccinated people 2 -- recent delays throughout the pandemic have mounted as counsel -- as consulates closed, creating a backlog that could be made worse because of backlogs because of the new policy. iran says cyberattacks -- cyber attackers were the reason for a major delay at gas stations today. state run media in iran says the disruptio

i'm mark crumpton.is bloomberg. ♪ [bell ringing] matt: -- amanda: welcome to "bloomberg markets." matt: welcome our bloomberg audiences each day at this hour. here are the top stories from around the world. proctor and gamble shares fall as rising costs counter robust health care demand. we'll break down the company's earnings, hit by supply chains. and vivid goes public. we speak to the ceo of the company about their debut and the pent-up demand for live experiences. and the director general of the international atomic energy association will join the program. he sits down to discuss the situation in iran as he says nuclear surveillance in the country is no longer intact. amanda: quick check on the markets. and a focus on positive corporate earnings keeping things more buoyant. we have broad-based gains for the s&p 500, only consumer discretionary and stables are moving weaker. and we are seeing positive action. energy is one piece of the puzzle. a small component for the s&p 500. but it does paint a p

i'm mark crumpton. this is bloomberg. amanda: welcome to bloomberg markets. alix: here are some of the top stories we are following. inflation red hot today consumer prices in the euro and the usp we will break down all of the data with a chief economist. less airline stocks taking off. reflation stocks -- inflation stocks. a record again. the energy crunch worsens, the latest on the supply crisis across the globe. amanda: reopening trained playing out across the averages. a pretty unmixed picture for the s&p 500. definitely seeing strength everywhere except health care and that is specifically in vaccine stocks. weakness out there you can see inflation definitely a concern but the enthusiasm and potential for looking beyond where we are is certainly on the minds of investors and so is inflation. coal hitting record levels. that has some more into crypto. take a look at is looking -- take a look at some of those. we do have the bank of international settlement, central banks getting together and talking about how to make a digital currency work. you can make

mark: i'm mark crumpton with bloomberg's first world news.blinken says "time is running short post quote for iran to return to compliance with that landmark 20 15 nuclear deal. secretary blinken says washington will look at every option to deal with the challenge posed by tehran. he accused iran of using this time to advance its nuclear program in a variety of ways. he says the runway given to iran is getting shorter. a major highway in southern california's coastal region is closed today. evacuation orders are in place as hundreds of firefighters battle a growing fire. the blaze is going along the south santa barbara county coast, which was once owned by ronald and nancy reagan. the fire corrupted monday, forcing the closure of u.s. 101. the only major highway on that section of the coast. hollywood's captain kirk, 90-year-old william shatner, blasted into space today on the second flight of jeff bezos' company blue origin. the rocket lifted off at 9:50 four a roughly 10-minute journey into suborbital space, eating an altitude above 200 50,0

i'm mark crumpton. this is bloomberg. matt: i'm matt miller. welcome to bloomberg markets. stocks slightly lower as investors way inflation risks as well as look ahead to earnings season. the 10 year yield remains steady ahead of those auction results that we are expecting just moments away. plus u.s. small business owners say they have plenty of customers are growing frustrated by labor and supply shortages. a bloomberg report looks at thousands of decrepit oil and gas wells leaking methane across the u.s., the news is in shares of the country's biggest owner, diversified energy, plunging more than a fifth. we will have more from our pulitzer prize-winning reporters. the s&p 500 is down about .2%. brent crude also falling now. nymex falling as well today. in terms of the glc a picture, losses in gasoline and oil. take a look at the big coin price. -- bitcoin price. we will be watching very closely. we are just about to get the auction results out. those 10 year notes drawing that one spot versus one spot 590 presale when issued. this is just one of a few actions that we've

i'm mark crumpton, this is bloomberg. ♪ >> it is 1:00 p.m. in new york, 6:00 p.m.n london, i'm alix steel. welcome to bloomberg markets. here are the stories we are following. shares of the shareable fashion company popped in the first day of trading. in a moment we will be joined by the ceo and cofounder. we will discuss the launch of the nasdaq 100 etf, invesco global head of strategy all have top 26. later on this hour a central bank ended its fund accelerating the potential timing of future rate hikes. it has been quite a morning and i didn't mention the word earnings as we head into midday here. let's get a quick check in on the markets. nasdaq outperforming. we are up by about 6/10 of 1%. the real movie and the real action is in the bond market. i want to highlight canadian two year yields. popping up 21 basis points. that sort of affected everything else in the market. in the u.k., a solid by across the curve. the u.k. will borrow less from the market. in the u.s. we are following canada, 10 or 20 steps behind. we have some selling in the front end and stron

i'm mark crumpton. this is bloomberg. ♪ >> is 1:00 p.m. in new york. matt miller -- i am matt miller. here are the top stories we're following for you. commodities have the attention of investors today. brent crude, rallying. approaching $85 a barrel. right now at $83 any four cents. the surge in energy crisis is adding fuel to the debate to whether inflation rushers will be transitory or they might derail the economic recovery pivot supply chain bottlenecks remain an issue for the recovery. we dig into where things stand now, just two months away from the key holiday shopping season. merck six emergency use authorization -- seeks emergency use authorization for the covid-19 treatment pill. let's take a look at what's going on and markets. we've got some real movement here in crude. i just showed you the nymex crude. we saw the level. that is the brent contract. this is the wti contract. the s&p 500, not really moving right now. the u.s. bond market is closed for the columbus day holiday today. stocks are still open. the dollar index, rising a little b

mark: i'm mark crumpton.ng in place the strictest abortion law appeared in court papers filed today, texas attorney general ken paxton said the justice department lacked the grounds to challenge the measure, which bans almost all abortions after six weeks of pregnancy. on monday, the doj called on the hostesses -- and the justices to halt it. key income covid support programs ending. the country is introducing new targeted aid to help the hardest hit industries, finance minister said the new and expanded funding through early mate will cost $6 billion versus -- early may cost $6 billion versus $30 billion spent on all programs. india has given out one billion doses of covid vaccines but 51% of the entire population has received at least one shot, only 21% are fully vaccinated. that is according to the bloomberg vaccine tracker. that could mean future outbreaks in a country where earlier it experienced one of the most devastating virus waves. south korea successfully launched a rocket today. the liquid fuel ro

mark: i'm mark crumpton with bloomberg first word news.nt biden says health officials will decide in the next few weeks on pfizer and biontech's covid-19 vaccine for kids five to 11 and booster shots who receive the moderna and j&j vaccines. the president also highlighted an increase in vaccinations and a decrease in covid-19 cases across the country. mr. biden says the labor department will soon issue its rules for vaccine mandates on employers. senate chuck schumer says he is planning a floor vote on wednesday on a democrat drafted overhaul of u.s. election laws. the freedom to vote act is designed to counter a record number of new voting restrictions are emerging from republican led state legislatures. democrats say the aims look to curtail participation by minorities and poor americans. a european union envoy met with iranian officials to try to revive efforts to resurrect that landmark nuclear report with world powers who have been urging iran to return to the negotiating table and end a deadlock with the u.s. over restoring the deal

. ♪ mark: i'm mark crumpton with bloomberg first word news.nt biden announced a framework 1.70 $5 billion tax and spending package today. speaking at the white house, the president says the plan will provide what he called historic investment and make the u.s. competitive globally. president biden: these plans are fiscally responsible, fully paid for. they do not add a single penny to the deficit. they don't raise taxes on anyone making $400,000 a year. mark: the president added no one got everything they wanted, including me in the plan. he now goes to europe for the cop26 climate summit which begins on sunday. china is sticking to its existing climate change targets to zero out admissions and not advancing any of its key targets. that reduces the chances for more ambitious global action at the cop26 summit in glascow. a new report this week warned that without stronger efforts on emissions reductions, the world is on track for a 2.7 degrees celsius temperature rise, and increase that risks catastrophic consequences. 82 countries are at risk

mark: i'm mark crumpton with bloomberg's "first word news."tish of parliament has been stabbed to death. he was treated at the scene but died. a suspect has been arrested. he was 69 and had been a conservative mp since 1983. lawyers for the suspect in the killings of working students and three staff members at a high school in parkland, florida said he would plead guilty to the murders. he enters the penalty phase where we will help -- where he will fight against the death penalty. the shooting sparked a nationwide movement for gun control in the united states. the u.s. is moving

mark: i'm mark crumpton with first word news.ts are getting closer to an agreement on a roughly $2 trillion compromise version of president biden's spending bill. nancy pelosi says that she is optimistic after a meeting today with the president and chuck schumer. the deal could allow the house to vote on a separate $550 billion bipartisan infrastructure bill that has been held up by progressive lawmakers, who first want it on the larger bill. -- who first want an agreement on the larger bill. pandemic relief spending sustained at the federal government's massive borrowing needs and to the treasury department says the deficit for the fiscal year, through september, was $2.77 trillion compared with or $3.1 trillion se

i am mark crumpton.s is bloomberg. ♪ romaine: we are focused on disruption in the global supply chain. it is something we have been talking about a lot all week long. we are talking it -- about it into the future but this is the conversation about what the solutions can be. caroline: jb hudson and they are having incentive pay but what about turning to people who haven't driven trucks? it is amazing how few women drive trucks. not surprising when you understand the hours and days away from family but we are seeing their only 67% of the industry. how can they change the perception of this? we have to remember trucks are three quarters of the u.s. taylor: reading research about truck drivers and one third of the women in executive teams within the trucking industry,there is movement as we think about women in the industry. let's do it all with ellen, the president of the women in trucking association. start us out about the improvements we have seen and where the opportunity lies for women in the trucking

. >> i'm mark crumpton with first word news. president biden visited pope francis at the vatican today, the holy see insisted the meeting was closed to american reporters, traveling with resident. the two met for 75 minutes, talking about climate change, poverty, and the coronavirus pandemic. mr. biden is the second u.s. catholic president and he previously met francis in 2016. he was vice president. as the world reopens, many people are asking, is it safe to travel. what is open in cities around the world. according to the covid-19 travel tracker, madrid, barcelona, paris, and vienna, are the most accessible destinations overall. the least accessible are moscow, sydney, jakarta, and bangkok, is terms of public health measures. toronto has been added to our most open city, and ho chi minh's city has been removed from open to moderately open. francis finance minister is reaching a collective action with supply chain disruption. we spoke to bloomberg with the

mark: i'm mark crumpton with bloomberg's first word news.l hill, senate leaders have agreed on a deal that would prevent a government debt default by mid-october. >> we have reached agreement to extend the debt ceiling through early december, and it's our hope that we can get this done as soon as today. >> the pathway that our democratic colleagues have excepted will spare the american people any near-term crisis. while this does not accept the majorities excuse through the three or four reconciliation process, now there is no question they will have plenty of time. mark: this comes after weeks of partisanship over how to raise the debt ceiling, which janet yellen warned would be breached without legislative action. mayor bill de blasio is being accused of abusing city resources for personal and political reasons. i knew that's a new

i'm mark crumpton, this is bloomberg. amanda: high, welcome to bloomberg markets. welcome both bloomberg and bnn audiences at each time this hour and here are the top stories we are following from around the world. a family feud at rogers communication's. two men claimed to be chairman, pitting edward rogers against his mother, but really two of his sisters. we will have the dramatic details, head to. plus an fda panel is expected to give the pfizer vaccine for kids this week. we will discuss this with dr. anna derman, professor of international health of the johns hopkins bloomberg school of public health. and of the panera glint -- green pledge, announcing a commitment to become climate positive by 2050. we will discuss the move with the ceo. amanda: all right, let's get a quick check on the major averages. we are seeing a lot of upward momentum -- momentum. only financials in negative territory and we are of course seeing continued adding around where yields in the curve will go. you can see it on the 10 year but on the internals you are seeing individual names

i am mark crumpton. this is bloomberg. >> it is 1:00 p.m. in new york, 6:00 p.m. in london. i am alix steel. here are the top stories from around the world. president biden is set to meet with top ceos to discuss the potential damage to the economy from a default. plus, we hear from michael righetti on seeing more consolidation between alternative asset firms and whether private equity is a place for growth. and getting into the ring. we speak to the top ranked boxing president on the importance of fans in the stands. i used a box in the day -- used to box in the day. s&p down by .7%. this does not encompass the wild ride we have seen. futures get hammered, then you have the adp number better than expected, then a buy the dip move. all major indices are in the red. the nasdaq holding up the best, up 5.5% as you have yields -- up by .5% as you have yields trading around the 1.5 level. watch the 10 year breakeven, coming in at 2.44. this is where you see the stickiness of higher energy prices. that starts to take hold. inflation expectations start to anger more to the upside.

i'm mark crumpton. this is a bloomberg. alix: it is 1:00 p.m. in new york, scott p.m. in new york. i'm alix steel. welcome to "bloomberg markets." equity selloff underway, u.s. stocks tumbling with tech stocks leading the losses. we will dig deeper. plus a seven-year high in wpi oil, opec remaining its gradual monthly increases, triggering the surge. you will hear from ken griffin, founder of citadel on inflation and return to offices and work for -- work order flow. nasdaq 100 off. a lot of the heaviness will come from facebook, a hearing on the hill about a whistleblower. moderna gets whacked again, down below the 100 moving average. in the s&p, seeing that down 1.6% when every sector in the red, with the exception of energies. how much can this divergence really take hold? at some point you will get oversold. tugging -- taking a look at the 10 year yield, we had a rise of four basis points in the treasury market but that has come down to over one basis point. i don't feel the fear and the treasury market or in gold that you would think if you see a selloff in the equity market.