economy and market news department , deputy minister of commerce, jihad agriculture, announcing that there are no restrictions required by the people, has announced the beginning of the market regulation of dates in tehran's fruit and vegetable square. according to the announcement of the need announced by the maidan, we will supply to the dear people. for the city of tehran , we have approximately 700 tomans in stock at the first stage, and according to the supply and announcement of the maidan, it will be available to them . a thousand tomans for the whole country until today the need has been declared that in fact, the supply of the country in that chain store is cheap in the country in the chain store and in the places where the fruit was distributed on the night of eid, it is distributed in kashan province , the price of the servant is 71 thousand 400 tomans, an additional 32 thousand tomans and the work of milk and also the conditions of supplying meat and chicken needed by the people are favorable, unlike in the past years, something like 20 to 30 tons entered tehran province

to the economy and market news department, the head of the national land and housing organization announcedunt of surplus government land allocated to the national housing movement plan to 4610 . hectares have reached this amount before on august 10, it was less than 500 hectares, the members of this field consulted for the transfer of surplus government land to the national housing movement plan, an obligation that article 10 of the law on the jump in housing production placed on the government apparatus , according to the law of land on which housing can be built , the interpretation of the ministry of roads and urban development and after this saying, the president hastened the national media to follow up on this issue, less than 9% has been achieved, only 590, we are not getting documents , the land and housing organization announced on the 8th of mehr that 40,000 hectares of auction land have been identified by the registration organization. document the amount of money in the name of the ministry of roads and urban planning has issued a barzakh, which provides the military to the nati

from the ministry of finance , where a department is created in the central committee from the commission on markets , which will manage the financial markets , a new, which will engage not only in everything from the humanities to computers, but in a breakthrough direction. these technologies will be a new department and some believe that western experts. it is said that china is preparing for war. yes, yes no, because he has no other interpretation of what is happening, but the main thing is that china is preparing for this new voyage, then at least until the thirty-fifth year under the name. a new hunter, well, the americans think that they are preparing for a war with taiwan , in fact, the united states by and large account, because the united states of course in this situation, well, they consider china as the main geopolitical challenge and strategic challenge. moreover, now the united states congress is considering the budget already submitted to the administration, in which there is a separate line on containing china , let's listen to the information from the white house. the draft budget for 2024 promotes comprehensive containment in the

. >> all right, we've got th promising economic news this week, indicating the employmen market in america is red-hot according to the u.s. labo department000 new jobs in the month of february, exceeding economists expectations. meanwhile, the unemploymen rate ticked up slightly, two tenths of a percent, to 3.6% that's not a bad thing is because the number of peopl looking for jobs increased b about a quarter million. folks are regaining hope tha they can get a job if they hav been unemployed for a while. hourly wages also rose, showin signs the economy is still going strong it would've been easy to mis this good economic news, i came out on friday morning because it was entirel overshadowed by headlines abou the historic collapse of the 16th largest commercial bank i america. silicon valley bank, also know as svb, is an institution that serves much of the u.s. tech industry over the course of 48 hours, i turned into the biggest bank failure since the start of the 2008 financial crisis. the second biggest ever behind washington mutual. however, washington mutual was bought once it went out of business so far, nobody has bough silicon val

: in the meantime, real news roundup, passing an amendment that would stop the biden energy department from putting in strict new regulations on gas stoves currently on the market. at 29 democrats joined republicans in favor of the amendment, the d.o.e. estimates about half the gas stoves on the markets would not meet the new standard. ♪ ♪ >> trace: students at george mason university protested the choice of glenn youngkin as this year's commencement speaker. a petition demanding the republican governor not be allowed to attend nor speak at the event. in house now around 7,000 signatures and the university president defended the decision saying i support students who are making their voices heard, that being said, i do not believe we should silence the voices of those with whom we disagree. if nhl commissioner said the league will evaluate whether to continue having pride nights after several players refuse to wear a bright themed jersey. admitting some players feel uncomfortable wearing the uniforms and the decision on the issue will come in the off-season. finally a teenager who took part in a pokemon trading card game tournament said he was kicked out after

the news from the treasury department comes hours before global markets are set to open. >> reporter: the treasury secretary approved measures aimed at fully protecting all depositors of silicon valley bank. the sunday evening announcement says depositors of the failed california bank will have access to all their money starting monday. >> the secretary approved action today enabling the fdic to complete its resolution of silicon valley bank in a manner that fully protects all depositors. >> reporter: the treasury department adds that no losses associated with the resolution of silicon valley bank will be shouldered by taxpayers. earlier on face the nation, she tried to calm rattled investors saying washington is working to help depositors who are worried about their money after the bank's stunning collapse. >> i've been working all weekend with our banking regulators to design appropriate policies to address the situation. the american banking system is really safe and well- capitalized, it is resilient. >> reporter: the fdic which took control of the bank after its sudden failure in

the prices for 27 drugs that are on the market above the new limit now those manufacturers have to pay the difference back to medicare, as a result the departmentth and human services estimate this will make co-pays for those drugs will be as much as $390 cheaper for seniors. look, it's going to change the way drugs are priced, lower the cost for seniors long-term. and it's equally as consequence to me as many of you in this room know we're capping out of pocket drugs expenses for seniors a maximum $2,000 a year beginning next year. and right now -- [applause] >> right now, regardless how much they cumulatively are playing -- paying for the drugs they need and now it's capped because my family has been deeply involved as a consequence of cancer and my son dying of stage -- my son dying stage three glioblastoma because he was exposed to the burn pits for a year in iraq and anyway, you all -- how many here have had you or a family member be diagnosed with cancer, raise your hand? it's probably as docs know the most devastating world they can tell a patient. you've got a serious heart disease you may die. that's worrisome more people die of heart

market above the new limit. now those manufacturers are going to have to pay the difference back to medicare. as a result, the departmentth and human services estimates this will make -- co-pays for those drugs will be as much as $390 cheaper for seniors. look, it's going to change the way drugs are priced, lower the costs for seniors long-term. and it's equally consequential to me that, as many of you in this room know, we're capping out-of-pocket drug expenses for seniors on medicare at a maximum of $2,000 a year, beginning next year. now, but right now -- [applause] -- right now, we have -- regardless of how much they cumulatively are paying for all of the drugs they need. and now it's capped at -- because i've been -- my family has been deeply involved, as a consequence of cancer and my son dying of stage -- my son dying of stage 3 glioblastoma because he was exposed to those burn pits for a year in iraq. and my -- anyway, you all -- how many here have had you or a family member be diagnosed wh cancer? raise your hand. it's probably, as the docs know, the most devastating word they can tell a patient. you got a seri

the treasury department just out with new tax incentives for ev battery production, a market dominatednow, that's china. phil lebeau has the details and whether this could be the long-awaited boost to ev battery production here in america phil >> it will be, dom, no doubt about that the question is how quickly will we see that production, not just of battery packs, battery cells, but battery components here are the new ev tax incentives that go into effect on april 18th. remember, the most you can get is $7500 if built here in the u.s. but it comes down to the battery. 40% of the value of the critical minerals in that battery are processed or sourced in north america or free trade countries, if that happens, then you get 3750 then it ramps up to 80% by 2027. the other part of this, it comes down to the battery components talking about copper coil, et cetera if 50% of the value of those battery components are coming from the u.s. or a free trade country, you will get another $3750, ramping up to 100% by 2029 what is the real implication in terms of how many vehicles, that's what we are

new academy classes. mayor breed said it's part of her plan to address long-term staffing needs for the department and disrupt crime like open air drug markets in the city. supervisors also introduced a $50 million addition to the budget to move forward with reparations for black san franciscans. they unanimously expressed support with more than 100 different ideas, including payments of $5 million to every eligible black adult. doesn't mean every recommendation will be adopted, the final report coming out in june. but the $50 million supplement will take funding from the general reserve of the human rights commission and it will create a special office to implement recommendations. >>> the owners of a popular barbecue spot said thieves broke into everett & jones again. yesterday morning, somebody walked into the restaurant with a saw, tried to break into a safe. it didn't work, stole a smaller safe with thousands of dollars. tonight there was another break-in early this morning and the owners believe it's the same person who came back for the other safe. this time with a welding tool and was able to crack it open and steal more valuables. >

the investigative department, general mikhail muzraev, as follows from the case file, he was friends with a criminal authority who imposed tribute, the local central market , the newof the volgograd region decided to put an end to lawlessness and, as a result , faced opposition. muraev was also found guilty of abuse of power of speech in his so-called fabricated criminal cases. one of the victims, the former head of the central internal affairs directorate of the volgograd region, mikhail krug, a military officer about receiving a bribe, muzraev personally supervised the course of this investigation. he aroused. he planted who he wanted and when i was arrested, and he demanded to have me. uh, handcuffed to his office. here he was killed, of course, by his power that i was humiliated. i'm depressed, i'm offended by all this he did. i told him. i wish you to experience at least a little of what you are doing to people, the major general, the superintendent, lost his post and even received a suspended sentence . almost the norm, as if in the bible it says, i will create what i wanted? what he created, he, in principle, gets for this was the impossibility of taking th

markets are brazilian ninja parrots. to buy an agreement for extraterritorial cultivation in venezuela is a new part of iran's presence in this region . we announce that iran will also activate the quarantine and plant protection department for the export of agricultural products. many agreements have been made, and we have provided this for businessmen for private and government collections to be present in venezuela. iran's trade balance with neighboring countries trade in the american region is currently negative, according to experts, the removal of cumbersome laws and the expansion of sea transportation lines is the most important way to expand the presence in the markets of latin american countries, a market with a population of 640 million people on the ground, which is beyond football and coffee. it was this year that the sudden and unprecedented coldness of the air caused a gas cut and caused problems for the people of torbat jam . mr. high official of the ministry of petroleum to the city and the promise of the auxiliary gas transmission line project to the city with the amount of 500 billion tomans, alhamdulillah, all the preparations for the implementation have started after two months ago, the minister of oi

taken or do you intend to take to convince the administration to open new markets formerican agriculture, especially when your department is predictin a record agriculture trade deficit? >>o be clear the lastwo years we've had record exports and agrulture. and i think it's important -- >> because of commodity prices but go ahead. >> nevertheless, they are records. and the challenge i think is to ild trust in this country and trade. agriculture, farmers understand the importancef trade because of historic surpluses. they understan it. the appreciate it, but that's not truef all industries and allarts of the country. there are folks who believe -- >> are there concrete steps you can let us know what's happening on th trade side of that? >> the framework the indo pacific framework, tre are negotiations with the eu on a variety of sbs issues. there is thessue involving canada and trying to make sure they live up with mary. there's the issue in mexico in terms of the ability to assure that biotech corn can be used. there are reductions in vietnam that result in mor pork sales. there are addional issues in central american co

markets, support measures have been collected on a new digital platform. my export to establish external relations helps the national project, international cooperation and export. if earlier you had to run around the departmentsollect a mountain of papers, then it works here, the principle of one-stop service online in the service catalog section. all support measures can be left a request and the consultant will help to arrange. documents in figures, well, we return to our food basket and add vegetables from greenhouses there. tomatoes are grown here for 11 months a year with a short break for replanting. well , the total harvest of vegetables in such winter greenhouses last year throughout russia grew to record one and a half million tons, what are the solutions to improve efficiency? i read it such an interesting point that there are imported bumblebees. this means, yes, indeed, at the beginning we worked on galakian on polish e, shlyakh now e in russia and voronezh, stavropol territory, there are manufacturers. we have completely gone from imported miles and work with our native domestic ones. than at first, russian bumblebees did not fit, they were inferior to uh in their qualities. well, foreign fellow.

if you love bears and you're in the market for a new job, new mexico looking to hire professional bear huggers. according to the new mexico department of game and fish applicants must be able to hike and strenuous conditions and be brave enough to crawl into bear dens. the job also entails educating the public about wildlife and management. finally, the u.s. is the 15th happiest country in the world. that's according to the world. happiness report. the study looked at 150 countries and took 6 factors into account social support, income health, freedom, generosity and absence of corruption. finland took first place for the 6th year in a row. denmark taking second. israel moved up to 4th this year. new zealand rounded out the top 10 afghanistan, lebanon and sierra leone made the bottom 3 countries on this list. again, america landed at 15th. i feel like some people who love there's would probably say that we're number one. if they're happy enough to cuddle bears, libya. i would absolutely agree with that one. and let's give a shout out maybe to the u.s. because we moved up one spot, at least exactly where number 16 and a little happy

markets. what the justice department might do it in way of settlement is to force spirit and jetblue to give up some assignments in certain markets. they're they're pretty dominant . so this would be newur lauderdale places like that less than out here where there's less head to head competition between spirit and jetblue. but sometimes what happens is that a deal was made where you give up some gates, which are very valuable. you give up some landing rights, which also are very, very valuable, and that would leave room for other competitors to come in. indeed that's how spirit got started is that they were able to take advantage of the fact that some slots got released. and they were able to sort of make their way with that . so that may be where we're headed rather than an absolute yes or no on this merger, but rather imposed tougher terms on jetblue and spirit so that there's at least the possibility that will continue to get competition but particularly in those markets get not so much here in the bay area, but in certain northeast markets and southeast markets in florida and the caribbean, where there would be a bigger concern about this merger, and finally, how long do you think

do you y intend to take to convince the administration to open new markets for the american agriculture especially when youryo department is predicting and agricultural trade deficit? >> to be clear the last two years we've had record experts, and i think it's important -- >> because of commodity prices. >> nevertheless they are records. the challenge i think is to build trust and the importance of trade because of historic surpluses. that's not true of allre industrieses and parts of the country there are folks that believe the trade. >> doo you have any concrete steps that can let us know what is happening? >> the framework the indo pacific framework the negotiations in the eu on a variety of issues there's the issue involving canada i and trying to make sure that they live up to the u.s. mca and the issue in mexico with an ability to assure the biotech can be used and there are reductions in vietnam that resulted in more sales. there's additional issues and central american countries where we've created additional opportunities there's a a whole variety of things going on in the trade front that don't necessarily req

market. that's the story. well, gentlemen . now let's talk a little about everything , including about the activity that will probably be acquired, whether it is, in principle, expected from the new head of this departmentry important, in fact, that department, you understand how important it is, because it’s not that it was so perfect all this time, there were a lot of strange decisions , especially in the last two or three years, just a series of strange decisions, and especially in the last couple of months, that is, a bunch of reformers there 14-19 years, that is, in the end, let's be honest, from 14 to 19 years , the most reform took place in ukraine, well, this is a fact, this is a mathematical fact, absolutely, it happened because there was a window of opportunity that opened after the expulsion of yanukovych, i was the best, after all i think the composition of the parliament is the best. although there was of course a political struggle and so on and the like, and there was still the influence of the oligarchs, nevertheless there was and was and there was support from society. and here is such a strange story that now a lot of shapers have come under investigation. for example, the same brewer,

department and the karolinska enterprise serious 20 new products. every month. now the priority is the line of constructors for the smallest, in order to to saturate the market afterparture of many foreign brands with domestic goods creativity and ingenuity had to be used not only by the designer of the russian game industry, therefore, at the first national congress of industry representatives, most of all they talk about prospects and opportunities. they ask what to do? we coped with problems with raw materials was difficult. uh, the first three months, then the exchange rate normalized, more or less bank loans normalized, and in general, the results of the year ended with a slight increase in the industry, and this year we hope that special support measures will start working, direct purchases will begin, e.g. state purchases in the education system. it is very important for us to get into preschool kindergartens. we hope that manufacturers will receive subsidies. most recently, sales of board games have been growing, which are becoming more popular not only among children, but also among adults, and even despite problems with cardboard paints and other special

one-time $2,500 sign on bonus for new, first time state government hires; and $2 million to the department of administration so they may assist smaller state agencies with marketingrtising efforts to fill those hard to hire positions. i am also recommending there be no increase in employee-paid premiums for state health plan participants and that we add - at no cost to state employees - an annual obgyn exam for all females, similar to the existing no-cost adult wellness visit which was added two years ago. finally, the south carolina retirement system, often called the state pension plan, has one of the largest unfunded liabilities in the nation, at nearly $24 billion. the system only has assets equal to 64 percent of what is required to pay beneficiaries, which places our pension system fifth worst in the nation. once again, i ask that the state plan be closed to new beneficiaries as of december 31, 2023, and that new state employees prospectively enrolled in the state optional retirement program, which is a defined contribution 401(k) plan. another year of inaction is another year in which the unfunded liability in the pension plan will increase. we cannot kick

market. mexican authorities are taking lead on this case, on the u.s. side. it will be the fbi and the state department confirms to fox news aware of this case as well. and back out here live, this is happening one week after four americans were kidnapped in mat mo mexico and they're do not go to mexico for spring break. it's too dangerous. back to you. neil: have they extended to all of texas, cancun, et cetera? >> that's right. they have. texas dps put out a press release, an advisory saying, we understand that a lot of people go to mexico without incident, but they say the cartels are emboldened right now and too much cartel activity going on and they believe in their opinion the risk is just too high for any texas resident to go anywhere in mexico right now. neil: thank you for that update. bill melugin. the state department is aware of the missing citizens and doing everything in its power to find them and saying we're aware reports of three u.s. citizens missing. and we share information with families however we can. the department of state has no higher priority than the welfare and safety of the u.s. citizens abroa

market just opening and the dow takes a nose dive credit suisse is in big trouble. the justice department launching an investigation into the collapse of silicon valley bank as new datarder of directors were mega-donors to democrats and black lives matters movement. larry kudlow will be here, first peter doocy is here traveling with the president. do you expect him to address this today, peter? >>-- to the intro, you were giveings, roughly 73 million went to black lives matter related causes, according to a tracker from the claremont institute think tank. justice department is in early stages of investigation into overall banking practices, so is the sec, where was the sec a few months ago? >> i believe the sec and fdic and -- are three regulatory agencies that shifted from supervision to agendas from the white house. >> we learned silicon valley bank did not have a chief risk officer and their board had little investment banking experience. whether or not those things contributed to the bank's failure, we don't know, the president is getting air cover from the democrats on capitol hill. >> what biden and his team did was to step in with a very strong, very aggressiv

marketing side on google. we will be having hearing coming up on that topic. i know the department announced a new antitrust case against google for its blocking competition and digital advertising. but, could you talk a bit about beyond that, what you think legal changes, law changes would be helpful, as we see a changing internet economy and on the privacy side? we have not seen any changes to our laws. but also on the antitrust side, on the marketing of their products whether it is amazon or apple, we have not seen changes. senator blackburn and senator blumenthal worked on the app store bill. talk about what you would like to see to give you the tools to better combat the issues. >> first, gratitude for the merger fees increase. it gives us the opportunity to staff up and be able to have enough lawyers and economists to oppose private-sector, which is way more than we do. we have fewer antitrust employees we had in the 1970's. sen. klobuchar: you have the biggest company the world has ever seen to deal with. >> exactly. on the legislation side, we have supported the online choice, american inn

market. biden's energy department wants washing machines to save the planet. manufacturers of washing machines say this plan stinks. jeff flock next. ♪ ♪ allergies don't have to be scary. (screaming) defeat allergy headaches fast with neweadache and allergy relief! two pills relieve allergy headache pain? and the congestion that causes it! flonase headache and allergy relief. psst! psst! all good! say goodbye to daily insulin injections with omnipod 5... a tubeless system that automatically adjusts insulin to help protect against highs and lows. try it today. go to omnipod.com for risk information and instructions for use. consult your doctor before starting on omnipod. stuart: we coming back? the dow is 524 points, the nasdaq is down 143 just over 1%. a shocking number of people work in naples, florida, cannot afford to live there. lauren: almost everyone. 90% of workers in naples commute to naples because they can't afford to live there. hospitality workers, hospitals, city officials, price out, it is the second richest zip code in the country, median home prices one. $9 million but i didn't know was the second most expensive. stuart: which is the first? lauren: miami. i was shocked by that also. you have a house in

bill rolling back the new labor department rule which opens the door to allow retirement plans to consider climate change as a major factor in investment. >> let the private marketing to do. if somebody wants to invest their money or only have retirement plan invested in certain accounts, that might be environmental or what else it may be they can find people that will invest in what they want. that's fine. let the market continue to make those decisions. reporter: so as some democrats are moving back to the middle ahead of that 2024 election cycle the president, president joe biden, remaining defiant on some of his policies. >> what i can say if this bill reaches the president's desk, he will veto it, and i'll leave it there for now. reporter: so, the president might also run into trouble for his labor secretary pick. republicans pushed back on julie su, because he was the california labor secretary when the state lost between 20 and $30 billion to unemployment and insurance fraud during covid house democrats also joined republicans in passing a bill requiring the president to study the inflationary effect of his executive orders so there are some cracks there,

to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity >>> nbc news confirmed that the departmentre launching two separate investigations into the collapse of silicon valley bank the "wall street journal" first reported the news saying the agencies will be looking into stock sales executives at the bank made days before the failure. nbc news has reached out to silicon valley bank, but it's declined to comment. joining us is ken dilanian and brian cheung and capitol hill correspondent ryan nobles. what else do we know >> not terribly unusual doj would take a look when something so catastrophic happens in the banking sector they're looking at, for example, the ceo stole stock worth $3.6 million 11 days before the collapse that was done consistent with a prearranged plan hatched in january. what the fbi will be looking at, whether there was insider knowledge, whether anyone acted on the knowledge that something bad was going to happen. >> ryan, capitol hill, we talked about yesterday how there doesn't seem to be a lot of incentive right now to change the regulations. i was reading th

markets. tiffany wilding, pimco managing director joins bloomberg at 2:00 p.m. new york time. this is bloomberg. keeping you up-to-date with news from around the world, here is the first word. the justice departmentnorse -- sued norfolk southern at -- over the chemical spill that forced the evacuation of a small town in ohio. the lawsuit says chemicals polluted local waterways and flow downstream after the crash in february. no response yet from norfolk southern. bitcoin has made a surprisingly fast exit from its crypto winter. with a roughly 70% gain the notoriously volatile currency is closing out its best quarter in two years. and it is the best-performing asset class by a wide margin. market watchers are at odds for the reasons behind the rally. donald trump becomes the first u.s. president to face criminal charges. a manhattan ground -- grand jury has decided there was enough evidence to move ahead with a case against him for his role in paying a point star during the 2016 election. trump describes the case as an effort by democrats to destroy the make america great again movement. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and ana

justice department found in their investigation of louisville police in the wake of breonna taylor's death. jobina: live at the bait board at the new york stock exchange. another update on how the markets are doing, next. reggie: preparing for oscar acceptance speeches. what the producers are saying about when they bring music into cutoff the winners. stay with us on our streaming app at 7:00. we are live every weekday from 7:00 to 8:00. you can download the app now. drew: live doppler 7 along with satellite beginning to see our atmospheric river. in the subtropical moisture aimed right at california and will bring us heavy rain and gusty wind later on today. right now we are waking up to te and foths cloudy start to your day but things go downhill this afternoon and evening. a flood watch will begin at 1:00 for the entire bay area as heavy rain moves through. we could see plotting on our roads and even our smaller streets. 8:00 this morning is an isolated light shower. the showers become more widespread around lunchtime but still mainly light in nature. later on this evening the showers intensify. by 7:00 p.m. we are finding rounds of heavy rain that will last. it is a level 3 storm w

markets in the newsroom. amanda hari kron, 4 news thank you. happening tomorrow, car owners are welcome to stop by a free. it's and catch catalytic converter event. that's in livermore. >> the automotive departmentat last see this college is teaming up with the police department to make the device is easier to track if they are stolen. >> right. here is a typical catalytic converter off of a vehicle here. you'll notice we've got the livermore police department badge spray painted ith hi heat resistant pain and then we engrave the license plate number of the vehicle on the cattle to cover. so it can be identified. >> the event starts tomorrow morning at 8 o'clock and runs until 4 o'clock in the afternoon. drivers can show up to the automotive department on loop road that's behind building 800. okay. taking a live look at the bay brie. a beautiful light show. enjoy it whileou can. because the nonprofit in chargef the display sa >> the lights go out ay because of moneylumen 8 0st lit up the bay bridge 10 years ago. and now it says about 25,000 of those lights just arnot working they can't afford the upkeep on this. and the news is a disappointment to a lot of people. >> that once they go dark this

mid week on a wednesday the new york stock exchange stock markets are expected to open up this morning. good news there and one stock to keep an eye on his macy's. the departmentnnounced that its ceo jeff jeanette, will retire next february. bloomingdale's executive tony springs, will take over. add macy's good morning. welcome back to morning sun, too. i'm frank mallicoat frank. i'm dave clark. it's wednesday. it's march 29th, and it's pouring just outside in the parking lot in the rain. it's really coming down steve, and it's cold, too. right it's cold . it's cold. no doubt. thank you, mr clark. yes, there's a pretty good line stretching from about san francisco, oakland and then berkeley. right along the corridor, and now it looks like it's drifting a little bit south , so it's heading along 24 sal castaneda, probably over two renda morada pleasant hill. you can see that line martinez so get this is going to be the theme for today as the very strong dynamic cold core low goes right along the coast and sends in multiple bands. we've had hail reports from cassandra all the way down to the santa cruz mountains. and i guarantee there will be more so if you're w

market that came out ahead was japan. well, this as a u.s. state department spokesperson pushes back on the idea that the united states wants to suppress china, saying it does not want to separate the newconomies. "mornings with maria" is live right now. ♪ feel like they're controlling me, molding me. ♪ take over me, they're holding me. cheryl: president biden set to release his full budget in fill philadelphia later today. here's karine jean-pierre previewing the proposal. >> the budget will cut the deficit by nearly $3 trillion over the next 10 years. that's nearly a $6 trillion difference between the president's budget and congressional republicans' agenda which would add $3 trillion to the debt. the last administration added $3 trillion or $2 trillion to the debt when they put forward a really irresponsible piece of legislation that gave tax breaks to the wealthy, especially millionaires and billionaires. that is something that we have had to deal with and we have to really call a that out. cheryl: joining me is wisconsin congressman, member of the house financial services knit service, scott fitzgerald. here all morning long, mark tepper and frances newton stacy and todd piro. goo

news that it's arm unit has avoided selling shares on the london stock exchange for now. the u.k. competition and markets authority has cleared korean errors bid to acquire a small arrival. japanese departmentrs may be active following february sales data. coming up in the next hour, the market risks they are watching in the u.s. and asia. the salesforce ceo marc benioff joins us. plus one company says when the expect macau's gaming to return to pre-pandemic levels. market opens in tokyo and seoul are next. this is bloomberg. ♪ >> this is daybreak: asia. we are counting down to asia's major market opens. more headwinds coming from the wall street session. we continue to see signs of more inflationary pressure. will a strong chinese economy perhaps sentiment and optimism. haidi: yields pushing higher, rate expectations and inflation expectations pushing higher. we could get disappointment from china. we may not get that strong stimulus that the market is counting on. the china reopening has been stronger than expected. annabelle: we are very focused on how the 10 year yield comes online here. still holding below just a fraction. the 4% level in the intraday session on wednesday. it's not a q

new here and certainly nothing extreme. let's be clear. by overturning the department of labor's rule, republicans want to tie investors' hands and override the free market. this fight isn't about protecting and strengthening america's retirement security. it's not about ensuring that retirement plan fiduciaries are making sound financial investments and it sure as heck is not about capitalism. it's politics, plain and simple. how do i know that? well, republicans clearly believe that investment decisions should be made with consideration of the esg factors so long as they are esg factors that the republicans support. my colleague, senator rubio, has championed legislation that would prevent the federal government's employees' retirement assets from being invested in chinese and russian companies. at the same time republicans also seem to believe that government shouldn't restrict investors' ability to put their money wherever they want. so in response to the department of labor's very sensible guidance warning about the financial risks of investing in crypto scams, my colleague, senator. mr. tuberville introduced a bill that would prohibit any guidance

we have a bill on the marketing side on google, we are having a hearing coming up on that topic. i know the department recently announced a newntitrust case against google for blocking competition in digital advertising. can you talk a little beyond that, what you think legal changes would be helpful as we see a changing internet economy and on the kids side that senator durbin asked about? we have not seen changes to the laws. but also on the antitrust side, the preference and of their products, whether it is amazon or apple. we have not seen changes. talk about what you would like to see to give you the tools to better combat the issues we are seeing. caller:-- >> gratitude for the merger, the increase gives us the opportunity to staff up and be able to have enough lawyers and economists to impose the private sector, we have fewer antitrust employees than we had in the 70's. >> the biggest companies the world has ever seen to try and deal with. >> exactly. on the legislation side, we supported i believe it was called the online choice act, did i get it right? the open apps act, that is close to the correct title. we have ha

these drug shortages, the defense department telling congress, it's wholly dependent on the commercial market when it comes to securing medications for its own personnel. newls this morning. the death toll after a fiery explosion at a pennsylvania chocolate factory now up to five people, six people are still missing. the explosion, all captured on video firefighters in the philadelphia suburb of west reading, responded to reports and explosion and a multi alarm fire that sent debris flying into the air. it damaged a neighboring building that included apartments now at least six people were taken to the hospital. the cause of the explosion at the rm. palmer company is still under investigation. ramadan began this week and muslims around the world will fast from sunup to sundown for the next month. state attorney rob bonta spoke to the muslim community and new work on the first day of ramadan, and he denounced the recent spike in hate crimes against the muslim community, he says our communities need to push back against hate. i've been working in this space to address racial injustice. we created the racial justice bureau in the california department of just

new data about the job market. has that and a whole lot more in today's dollars and cents been talking a lot about job cuts and worrying about that . it's very interesting. the labor departmentthis morning that there are close to 11 million job openings right now. now the report states that that translates to 1.9 job openings for every available worker. so wall street anticipating in interpreting that as some good news about the job market ringing the opening bell this morning, the women partners and executives of the investment firm kk are to celebrate international women's day today as we take you live to the opening numbers, and fed chief jerome powell still currently speaking before the house right now about the economy and inflation, there's still a lot of concern about that. that and the dow jones is down about a quarter of a percent. the s and p 500, the nasdaq hanging on to some gains this morning. tesla is being investigated by auto safety regulators for a steering wheel malfunction while driving the national highway traffic safety administration is looking into the 2023 model wise after receiving two complaints that the steering wheel came off while driving, the ag

market fallout from the biggest bank failure in the united states since 2008. from new york city, good morning good morning. this is bloomberg surveillance with equity of -- equities almost positive. the treasury department-- they said they would wind down silicon valley bank in a way that protects all depositors. have they done enough? tom: is it a bailout? we've been covering that on bloomberg surveillance. i am less concerned about the bailout dynamics then it what's different on a monday. we have market data and it was to be green on the screen and then not. because of europe and select american banks. in the last 10 minutes, we get a little of that 3:00 a.m. back. jonathan: the two-year yields are down 27 basis points. that's more than 70 basis points lower than they were from wednesday. that is the bond market. some of those bank stocks in america in the premarket are down more than 60%. lisa: looking at shares, they are down 34%. there are others that are down it, but not to that same degree. you see some potential fallout in the expectation of what other banks could lose with customer assets out of fear and a knee-jerk reaction when they can do that from their phones, from their computers, trigge