so i, mike michael is how do you, how do you even solve that? i'm going to fred in here. i wouldn't know. how do you sell that problem? if there's little money in the ground, how are you going to get rid of all groups? what, why would they go? never take, i'm afraid for it is here. i'm just a passionate african freight guy as no. oh, really love to miss me more. but i think there's 2 general understanding of conflict in, in, in, in the east or at least the recent trend. the 1st one is that the mining is the main reason why people fight in the region while that's why that has been true for sometime in the past. i think the, the economy of roop has been transformed from in, during the last last year. there is more than mine is tough and stuff like that. we shot more of the local economy that many and whoop, in the region to, to, to leave. now the thing is, i sense it says level of incoherence in the, in the sort of the con government where the defend time, they tend to focus on regional corporation which may be a good thing. but if it looked like the under estimate, the neg

state democratic lawmaker, senator rick scott congress and michael mccaul, mike huckabee, the daily caller vince coglianese and just secretary chad wolf, we have more details on the charges brought against governor cuomo, also in a pre-recorded response governor cuomo attacked investigators and his accusers, we have that in this story, a growing number of workers unions and teachers unions say no to a vaccine mandate, that is setting up a battle between president biden and his allies, we have more on the distributed mysterious findings from housese republica, about what exactly is going on at the wuhan lab in china before hethe outbreak. it may have occurred earlier than we thought, we have a lot on that, growing on democrats to investigate the origins of the pandemic. plus the deadline is fasto approaching, the far left democrats remain defiant, is this putting in jeopardy three and half trillion dollaris reconciliation bill with what

loretta: thank you for having me, michael. mike: what did you think of jay powell's address today, is he on team mester, team taper? loretta: [laughter] i think we see things pretty similarly. the economy has made a lot of progress. that is the great thing about what we did early in the pandemic. now the question is is it time to step back from some of that extraordinarily accommodative policy we put on, in particular the asset purchases. the criteria that we put in the statement about what it would take to begin tapering, i think we are pretty much there. inflation, we made substantial progress in december 2020. we have also made substantial progress on the labor market. we will get another labor market report before our next fomc meeting and i'll be interested in seeing that. the only real risk here is whether the delta variant will cause more of a pullback in demand than i'm expecting. of course i'll be watching that. basically we have met our criteria and it's a question of communicating in an appropriate way so that we can mak

let's bring in bloomberg's mike mckee. michael economy sees some slowdown from the delta variant, we are going to see perhaps inflation write a little bit slowly, and that is what people want to find out. that is the forecast, 0.5 percent for july compared with 0.9% in june. tom: do you see the partitions so you can calculate of these other fancy te -- fancy statistics like cleveland and dallas? michael: we will have those a little bit later today if you want to. jonathan: tom knows the dallas numbers, they are not going to make the front page. how important is it to set expectations here? tom: they will be looked at in fed up -- michael: they will be looked at in fed offices. they look at pe, but cpi gives us the biggest breakdown in terms of the prices of individual items, so everybody focuses on that you get a gives us idea that we have seen in these narrow categori. jonathan: it is like red sox tickets over the last three weeks. jonathan: not a good streak. tom: they are on a price decline. jonathan: the expectations component

here is mike mckee. michaelre just getting the numbers and for once they come in pretty much as forecast. 385,000. that is down from 400,000 the prior week. it was revised up to 424,000. initial jobless claims, a significant drop from where they were. the forecast was 383,000. we are just about bang on. the interesting news, the 385,000 will be good news but tomorrow is jobs day so people will forget. we are watching the total number of people who got the benefits, any kind of benefits, 13,156,000. at that point -- actually we are a little off. the numbers that they send out were slow. we have 12,975,000. i apologize for that. that is for the week of the job survey in july. we saw a big drop in the total number of people collecting benefits. does not necessarily mean they all got jobs, but it does mean the labor force flow is moving in that direction from no longer collecting benefits. jonathan: let me revel through the price action. not much price action to speak of. your equity market was slightly elevated. th

michael: i think mike framed it the way i would.feels like coming down from stimulus payments than it does reflecting delta variant fears. i think we will return to environment of more pedestrian retail sales reports on average because gains will be driven more by labor market income, not stimulus payments. this is a transition month in that regard. what jumped up the system was a lot of shortages in terms of semi conductors and autos. the ex autos number is probably more accurate read in terms of what it means for the consumer. we are at 6.5% on q3. we have personal consumption slowing to four. a lot of the growth in the next dose go to three quarters, maybe even four quarters, most of us are expecting will come from restocking. the advent tory shortages that have cropped up -- the inventory shortages that have cropped up were all assuming that over time businesses will help rebuild those stocks. may be a good one to dose go to 3% of growth in the third quarter we are thinking come from inventories. if we do not get that you will g

and cbs news senior security contributor, michael morrell. mike, thank you for being here. >> you're welcome. >> dokoupil: the taliban seems to be retaking afghanistan faster than anyone predicted. how are they able to do it? >> without the u.s. militaryithy there, the capabilities of the afghan security forces to fight has been significantly degraded. but the bigger issue is the willingness to fight evaporated when president biden made the announcement that we were leaving. >> dokoupil: after 20 years of work from the u.s., hundreds of billions of dollars, more than 2,000 american lives, why are the folks that we allied with and trained walking off the job? >> because the will to fight is more important than the capability, and because the afghan government is one of the most corrupt in the world. >> dokoupil: now we have 3,000 troops going back in. the lead elements are already there on the ground. what concerns you most tonight about their safety? >> suicide attacks from the taliban, and the main issue there is will the taliban see the new troo

this is the latest book by michael eric dyson. mike are really great, have gone to stream back to minutes, right? to rock control. what am i left off the list of things to introduce you by your titles that you hold f o f friend for me. so they just want to so good said good to happy here on the street. we have audience. 20 minutes is michael eric dyson. if you don't have a question for you now, you will have in a few minutes, jumping to youtube, jumping to the live comment. i need to be part of the show with michael eric dyson, who let where shall i stop? i. michael, i took a picture of the front cover inside the front cover of your book in an inside the back cover of your book. and it just struck me, i'm just going to let people have a look at this and read this. and then you see these names. i'm at till eric gonna sondra blind. i wrote this for you. how did you pick? how did you pick this extraordinary line up? well, 1st of all, what an honor and an extraordinary privilege and pleasure it is to be here with you . i chose those partic

alix: mike, thanks a lot. michael: there's your prices.sting homes, and the rapid rise in new home prices. alix: thinks a lot. we really appreciate it. joining us for his take on the housing market, sanjiv das, caliber homes ceo. i should point out, full disclosure, i have a cash out refi loan with caliber home loans. that was a snapshot of the whole country and where we are with housing. what is really standing out to you right now? sanjiv: thank you for having me. a couple of things right now is what mike just mentioned, the massive imbalance between supply and demand. demand continues to be high, despite the fact that the pandemic surge has seen a slowdown. those are really driving demand. but supply continues to be the big drag on the industry. what we are witnessing is a huge increase in prices bringing down the affordability a little bit. guy: how do we solve that supply-side issue? we are starting to see them put costs going down, but labor remains very expensive. is it an issue with zoning that we need to fix and figure out more qu

but first let's get a check of the weather with meteorologist michael finney . mike: not in the -- not much in the way of clouds. some at the coast will try to leak through. but they are later arriving, which means they will quickly retreat. if you are out running errands, you are going to have some hot cars. thinking about exercising, take some water. i've on the bay, a small craft advisory into the evening hours. right now -- out on the bay, a small craft advisory into the hours. no fog on the deck. i think it is going to be quiet for your weather during the commute. speaking of quiet, low amounts of pollen. that is good. 56 in san marone. 59 at pittsburgh. near 60 in livermore and areas inland. san jose, 60. 50 seven in san francisco. napa at 52 degrees. watch -- 57 in san francisco. napa at 52. watch the clouds heading into the lunch hour. into summer clock -- into still 65 versus 97 in antioch and livermore. a nice 76 in oakland. temperatures fall mainly to the 60's, 70's, and 80's through 7:00. the warming trend begins today. i will show you how hot it is going

mike richards! >> final jeopardy for michael richards.he executive producer picked to host his show stepping down over controversial remarks. now the search is back on for the next replacement for alex trebek. >> "nightline" will be right back. (vo) for over 50 years purina cat chow has been helping cats feel at home. with trusted nutrition, no wonder it's the number one dry cat food in america. come home to cat chow. don't settle for products that give you a sort of white smile. try new crest whitening emulsions for 100% whiter teeth. its highly active peroxide droplets swipe on in seconds. better. faster. 100% whiter teeth. crestwhitesmile.com at usaa, we've been called too exclusive. because we were created for officers. but as we've evolved with the military, we've grown to serve all who've honorably served. no matter their rank, or when they were in. a marine just out of basic, or a petty officer from '73. and even his kids. and their kids. usaa is made for all who've honorably served and their families. are we still exclusive? absol

michael, and mike, thank you both so much for coming on up great story. from day one. this was senational. "mad money" is back, after the break. >> announcer: coming up, is it time to hook your port follow up with a little chemical romance cramer's got the inside look on eastman chemicals, next. ♪ someone once told me, that i should get used to people staring. so i did. it's okay, you can stare. when you're a two-time gold medalist, it comes with the territory. are your hr processes weighing down your employees? on to quarterly projections! expense report! if you're using multiple systems, re-entering data over and over time sheet! using email and spreadsheets to manage information and approvals, then your hr systems are a drag on productive time. with paycom, employees enter and manage their own hr data in a single, easy-to-use software. visit paycom dot com and schedule your demo today. do they know this door is locked if you're 55 and up, t-mobile has plans built just for you. switch now and get 2 unlimited lines and 2 free smartphones. and now get net

business, i'd like to have the money that i put in just be financing so that miguel and michael can own the business. mikethis particular equation. in the original deal, michael, julius, and myself each would own 1/3 of the business. i realized that it would be better if julius was bought out and that michael owned those shares. in the new deal, michael would own 85% of the business, and miguel would own 15%. so i talked to them, and what we're going to do is, michael's gonna own the business. you're gonna be his partner. you're gonna keep your original pay plan. you're gonna keep your commission plan. and you're gonna have 15% of all the profits because i feel, and they feel, that this place wouldn't be the same without you. miguel: appreciate it. i wasn't expecting this, so right now, i'm kind of shocked a little bit, but very, very happy about it. lemonis: i felt like in order for this company to succeed into the future and for michael to have the support that he needed to be successful, he needed to have miguel as a partner, not just an employee. michael: thank you, marcus. lemonis: that work? michael

not when i would see that that was the best bug was maybe next i've been on the mike really had may be less lawyer, michael will be in the home in the midst to get on with my mom when i'm done with me, let me double what i don't know what i don't what i don't me, john. mary, a chair for us. was quite brazen about the way she'll break. she posted pictures of her 13 year old son lying down covered in fires and notes and lots of pictures. she was very open about the money they were making things she personally sees any reason to stop so she can continue getting away with it and all the signs all she's going to carry on getting away. she's the queen effect stores and no fields. villages have finished on her team, jim, if you like me. oh, you can 83rd risk of extinction, emissions applying to read the nation of the privilege sides of one of the best guys on out of them, the differences and similarities of cultures across the world. so now you take, it will bring you the news and current affairs that matter to you, frank assessments, by way, it is a lesson against freedom. surprising informed opinions. what you

i've been on the mike really had may be less lawyer, michael will be in the home in the mr. guy behind my my dilemma when i'm up on the w and need club, lay me job. what? i don't know what i don't what i don't me, john. i know mary. a tough for us was quite brazen about the way she'll phrases. she posted pictures of her 15 year old son lying down covered in fires and notes and lots of pictures. she was very open about the money they were making things she personally sees any reason to stop so she can continue getting away with it and all the signs all she's going to carry on getting away. she's the queen effect stores and no fields. villages have finished on her kinda mission like me. my name is my name is on my job, my plan. abusive branch to that point, if you will, if you can usually just grab a manager, i've only got mine on mine idea on i'll just use the virus indiscriminate get those living in poverty far more vulnerable to the dangers of covert 19 ollie re examined the reasons for this disparity, the social and economic inequality that surround us much deeper and much more probl

michael: so we have to fill the hole left by the folks who decided to retire. tom: you're killing it, mike: how relevant is this data this friday, given we have a federal reserve, some of which are waiting for the september data that they will not see until october? michael: we will get the august data, so we will have two months of data. but the question is not what they are going to do, but when they are going to announce what they are going to do. to this meeting really isn't going to play into that. it appears from what jay powell said that they are not going to be making a major announcement that jackson hole, but they could always change their minds if the data came in very strong. we are expecting a pickup. we are expecting better news. maybe that makes the market feel better. but they are not going to change policy anytime soon. jonathan: this line from governor brainard, expect to be more confident once we have data in september, was that governor brainard pouring freezing cold water over jackson hole speeches? michael: i think so. one of the reasons i and others asked about jacks

alix: mike, thanks a lot. bloomberg's michael mckee joining us.omorrow, we've got earnings from home depot and walmart. guy: tune in later today. we're not done with the afghanistan story. we are focused on the fact that the president will be going to the white house. he is going to be speaking on what is happening right now. we are going to hear from the german chancellor on that issue as well. that's coming up very shortly. balance of next. this is bloomberg. -- balance is next. this is bloomberg. -- balance of power is next. this is bloomberg. ♪ ♪ announcer: from the world of politics to the world of business this is "balance of power." with david westin. ♪ >> good afternoon. welcome to "balance of power." i am annmarie hordern alongside joe. we are sitting in washington, d.c. but the eyes of the world are on kabul. the president currently not in washington, at camp david, but making his way back. joe: when we went to bed without president biden would be in camp david until the middle of the week. we are watching talking points change in real-t

deputy independent counsel sol wisenberg, angela santa barbara, senator rick scott, congressman michael mccaul, mike huckabee, vince collagnese, and former act acting dhs secretary chad wolf. we have more details on the charges brought against governor cuomo. governor cuomo attacked investigators and his accusers. we've got that. this story a growing number of government worker unions and teachers unions say no to a vaccine mandate. that is setting up a battle between president biden and his allies. we've got more on the disturbing, mysterious findings from house republicans about what exactly was going on at the wuhan lab in china before the outbreak. may have occurred much earlier than thought. pressure growing on congressional democrats to investigate the origins of the pandemic. the deadline is fast approaching. far left democrats remain defiant. is this putting in "jeopardy" their 3 1/2 trillion dollar reconciliation bill, what members of their own party call their extreme demands that they want. we'll tell but the new website that tracks stock trades by d.c. politicians and their families like

mike richards! >> final jeopardy for michael richards. the executive producer picked to host h

we'll also talk with congressman mike rodgers, retired black ops pilot, michael o'hanlon about afghanistanates and giving shots to children under 12? all that plus the afternoon's breaking news. i'm john roberts. join sandra smith and me at the top of the hour for "america reports." see you then. >> the taliban reportedly going door to door, searching for christians and even inspecting phones for bible apps. the leader of an under ground church saying, quote, the taliban has a hit list of known christians they are targeting to pursue and kill. the u.s. embassy is defunct and there is no longer a safe space for believers to take refuge. all borders are closed and all flights to and from have been halted with the exception of private planes. people are fleeing to the mountains looking for asylum. they are fully reliant on god, who is the only one who can and will protect them. kt, that quote is from a man named pastor x. he had to use an alias for obvious reasons. >> you know, this is how the taliban is behaving when the world is watching. they are on their best behavior. when the world seas

on the situation of human rights in the occupied palestinian territories. professor michael link, thank you so much, mike. over coming back on this, just go straight to the letter that you and 2 other threats were apertures. calling for elections the not happening today. after all. have you spoken with israel? after all, armed by britain, the united states and european union nations that appears to say no elections in east jerusalem. i don't see any pressure for quite frankly, from the international community with respect to the, the rescheduling of these elections. we want these elections to be held, obviously in as soon as possible, hopefully within the next 6 months. and we would like, obviously all the participating parties, israel, the palestinian authority, hamas, as well as the international community to ensure that all palestinians have a link to vote a right to participate and particularly those and in occupied eastern islam where israel has made it very difficult to trying to conduct the policy and elections. i mean obviously those invalid saying watching this right now, we'll go hang on a minu

mike dippolito's hopes, to orchestrate his own murder, to achieve fame and fortune, was a bad prank. it was never anyone's intention to harm anyone. >> the defense argued it was all a tv pitch. michaeleak. >> the evidence will show that the plot, with the contract killing of mike dippolito was never real. mike dippolito hoped to capture the attention of someone in reality tv. >> the defense attorney argued that dalia was in on the reality tv show idea the whole time. that scene out front, with dalia whaling? acting, says the. defense >> dalia knew mike was not harmed, and hers was a fake reaction to a fake event. >> the defense put mike dippolito hard on cross examination, accusing him of dragging dalia down, with his stupid idea of being a tv star. >> this whole reality thing was actually orchestrated by you, wasn't it? >> i do not know what you are talking about. >> the silliest thing i have ever heard. i mean, completely made up. >> all right, let's bring in the jury, please. >> after two weeks of trial testimony, the jury agreed. >> we find the defendant guilty of solicitation to commit first degree murder. >> in the, and the judge sentenced for 20 years, and gave dalia a piece

bloomberg's economics and policy correspondent mike mckee walking us through the numbers michael: -- through the numbers. michael: certainly it was a jaw-dropping number. it pushed the headline cpi up 7.8% on a yearly basis and the core up 6.2 percent. they redid these indexes in 2010, so we can't go back farther than that, but those are the highest numbers we have seen. they don't seem to be translating into concern on wall street, however. that may be because they are seen a supply chain problems, not demand problems. so there isn't a whole lot that can be done about them until the supply chains are fixed. you look at what is going on in inflation expectations, which is what the fed is watching these days, and they are not moving. we see the university of michigan, and we get new michigan numbers on friday, but the one year number has gone up significantly. the blue line is the five-year inflation number. purple and yellow are what wall street sees for the five-year and two-year inflation figures, and they are not seeing very much. it is just kind of at the top of the fed's limit.

mike, let's kick things off with you. michael: we did have some good news on the jobless claims front , 385,000. . we seem to be back on track with the declines. this is the number that is going to matter for tomorrow because everybody is focused on the jobs report. this is the total number of people getting some kind of jobless benefits. not initial claims, but benefits. they are down by 1.2 million since the june report. this week encompasses the july report week. so 1.2 million fewer people getting benefits. maybe that means they have moved into the labor force and have gotten jobs. that is what we are looking for. what does all this mean for fed tapering? that's obviously the big question. i still a chart from the folks at bloomberg economics. let's go back one because that is the trade deficit. as you can see, most of that was imports being higher because inventories are very low here in the united states, and that means we have had to bring a lot of stuff in. that subtracts from growth, but does suggest we will see an inven

metropolitan police officer michael fanone and my friend. mike, thank you.reytag took their own lives. but we talk about the january 6th insurrection and the impact it's had on your mental health and other officers. how big of a struggle is this for officers? >> i mean, i think it's -- it's -- we're experiencing what i would describe as an epidemic of law enforcement suicides. it's a big problem. >> it's not just that, also. it's this. it's the denial of what happened to you by the very -- some of the very folks you saved. i want to put up this video. this is video, it shows how you almost died on january 6th. some republicans -- look, we don't have to play what they -- because i want to hear from mike. but you know what some republicans have said that day, their denials, mike. it's having an impact on the officers' mental health, no? >> i mean it certainly had an impact on my mental health. you know, having experienced the trauma that i did and then having people deny that it's reality. but, you know, law enforcement is an incredibly difficult profession. y

michael. >> nice to meet you, mike. >> nice to meet you. >> and my husband, rich. >> hi, marcus.o meet you. >> how are you? it's nice to meet you. >> heard a lot about you. >> you too. so, rich, tell me a little bit about the history of mr. green tea. >> well, you know, my dad started this business, you know, 45, 50 years ago. >> he's the real mr. green tea. >> he saw the need of high-quality ice cream for the restaurants. he had a friend who was also in the ice cream business, and my dad believed you gotta sell to food service--to restaurants, and his friend believed you gotta sell to grocery stores. my dad went his way, founded mr. green tea, and put it into restaurants, and reuben went his way and founded haagen-dazs. so, you know. you see who actually had the better idea. >> haagen-dazs as in-- as in the haagen-dazs, multi-billion-dollar ice cream? >> exactly. >> do you have his number? maybe i can go do some business with him. >> well-- [laughter] >> i like this story because it's a classic case of being willing to take risks. in the case of mr. green tea, they like to get u

michael mckee. big take away from all of this, investors seem to be happy. mikeeveryone seems to be happy at this point. fed bank president i'll echo it today, all singing from the same hymn sheet. let's taper soon. jay powell at least hummed along if he was not singing the same words. he says he is on board as long as the economy develops as they expect, a standard fed line. if we don't get a surprise from covid, we will see tapering this year. wall street and main street is happy because basically the fed chairman said what everyone expected him to say, that we would get tapering this year. that has been the timetable all along. nothing that surprised anybody. the markets are priced for this. i think that is why we are seeing a positive reaction everywhere. matt: when we hear taper, does that mean going from $120 billion a month or going to zero? mike: it is a question of how quickly they do that. bank presidents have been saying we should do it relatively quickly, much more quickly than the last time. this is an interesting point because they have gone out of

mike mckee. over to you. what are you expecting? michael: i wish i had a great answer for you.e are expecting the minutes to have some provisioning, but they are not as useful as we thought they might be. this greenline is when the fed last met. this is when the minutes are going to be representing. look what is happened since then. you can see the seven day moving average of covid cases just going up, up, up. this is the university of michigan sentiment index, and how it collapsed. we saw the sea with manufacturing in the empire index yesterday. today we get some disappointing news on housing starts, so maybe there is an impact. we just don't know. if there is an impact, does that mean the fed wants to wait a little bit longer to taper? the other question is what if it is not. what if there is no impact? what if it is still inflation that is the fed's concern? take a look at the personal consumption expenditure index. that is the fed's favorite. we have watched the inflation expectations numbers hold steady and actually come down some. if the fed were to move up tapering, woul

michael, it's much more for sharing your pencil expertise with us, always appreciate it. mike, thanks for joining us on. i'll tell you again. well, despite an intense security field of american military personnel and the surrounding areas being patrol by taliban fighters, somehow a bomber made it through to a densely packed chaotic crowd. or just aboard either awesome graphic images coming up next. or your reports, of course, suggested that one of the blasts happened at an entrance to the airport as africans waited in line to be processed to fly out bodies with thrown into india by storm drain, unexploded as best is said to have been used in one of the attacks, the other black supposedly shook an area around the hotel where british officials were processing afghans to fly to the u. k. 13 us service members were among the dead along with $28.00 taliban members. it's also now the 3 british citizens were killed, including a child. another warning for you now of more potentially distressing pictures to show you covered bodies, victims being laid out in the streets with grieving fa

. >> michael farr is your chance a highlighted note from mike wilson yesterday, saying maybe people bought everything they want to buy that's why there is no inventory and supply chain issues maybe not the real reason the u.s. consumer is fading. at least in his opinion. what's your take >> i think what -- part of what wilson is talking about is sort of a pull forward in demand. and that has occurred a bit. never bet against the u.s. consumer spending a dollar more reliably than any consumer around the world, you give an american a dollar and they're going to spend it. savings rates are high earnings and wage growth is out there. and interest rates are still slow you could get a cheaper mortgage and refinance. you could get a second note mortgage on the home there is money out there the u.s. consumer will spend it. and as sfevny said, 70% of the economy is based on that consumer they've got cash they will spend it. >> i want to switch over to tjx, the discount retailer hitting all-time high today. stephanie you own it you're a fan josh what is your take you own leslie, a bit of an off-pric

mike mckee about. we are also watching what rich clarida is going to have to say. first up, what do you make of these numbers? michaelit does suggest the service sector is rebounding much more quickly than the numbers from adp this morning. adp hiring disappointing and services, but here as you mentioned, we've got 53.8, up from 49.3, a solid gain and definitely expanding. the other number i was looking at, prices 82.3. the business activities numbers also rise significantly, as do new orders. it looks like services are doing just fine at this point. the question is why the disparity between the two numbers we got today. i guess the tiebreaker will come on friday. alix: mike, thinks a lot. we are also looking at vice chair rich clarida. what do we know in terms of what he's talking about with adam posen? michael: clarida has two answers to -- has two questions to answer for the markets. one is when they start tapering, we don't have a lot from him on that. he says the economy has made progress towards the fed's goal which is the same thing they said in the statement. incoming meetings, the committee will access progr

bloomberg's michael mckee with the latest on jay powell. coming up later, mike wilson speaking at 1:00 in new york. our markets analyst, a former trader and voice of global squawk, vincent. thank you for joining us. it seemed a dovish speech, but ready to taper. vincent: i am not so sure it is dovish, but rather the fact that the message was made clear to markets that there is a distinct defense between the two, that it is time to remove and removing asset purchases does not mean we are removing accommodation. until we see the lights of the eyes of inflation and jobs returned back to pre-pandemic levels, i think we can still see and the markets are seeing this as the fed is saying, we are not taking away the punch bowl yet. we are moving this extra accommodation level that the markets do not need anymore. alix: we had some clearing out of dollar positioning into this. you are the effects guy. what is new for the dollar? vincent: i think is going to bounce from here. every trader i talked to this morning was like, what the hell. no one got a good handle at this.

has rejected the request from rudy giuliani, sidney powell, mike lindell, to dismiss all of the lawsuits from dominion voting systems, michael. this week a judge grilled giuliani and powell about election fraud claims in a $2.7 million lawsuit filed against them by the voting firm smartmatic. do you think we will see them held accountable? >> it would be about time somebody other than me, you know, gets held accountable for their actions. i certainly hope that they do. what they did was absolute -- it wasn't just destructive to the company that is suing them. it is destructive to our country. it is destructive to the fact that now when you go in and you put your ballot into a machine, you're thinking whether or not that that machine is corrupted simply because of the stupidity that is promoted by people like giuliani, people like sidney powell and others. and, yes, they should be held accountable for their actions. >> michael cohen, we're going to have to end it there because there's a lot of breaking news. i'm really glad we got to have you on the show. thank you so much. look forward to seeing you again, michael. thanks. >

. >> seth: you're michael keaton >> i didn't even ask they just kind of said, "hey mike, like some piei said, "[ bleep ] yeah i love some pie. i'm a pie man more than i'm a cake man i'll eat cake, but pie is my preference anyway, i'm sorry. [ laughter ] sorry it didn't work out >> seth: no. i get it and, by the way, my feelings - it was only that you were here that i -- you know, i was like," oh, he comes here" because you were in montana. >> yeah. >> seth: i do -- i have enjoyed that our zooms, during this time, i'm getting to see other corners of your beautiful home there. >> yeah. >> seth: but you're like -- you're an actual horseman. is that the right way -- you, like, will ride horses out there? >> yeah, yeah. no -- horseman is a good way to put it yeah, i do i do i'm, you know -- if i would open the window, i would look at them now. what i was thinking about was maybe you might want to think get somebody to photograph you throwing your head back laughing, like a - just insert it - >> seth: right, okay --. >> you know, make it look like - [ laughter ] yes. perfect. perfect, perfec

brink of a new house, his name michael richards spread which is appropriate because everyone who hears about this quickly repeats his name in the form of a question, so who is mikethe mix as he shows potential host. the it like your neighborhood pub that's broken toys, sticky counters and bad service, michael richards is no one's favorite. one survey found the former jeopardy champ ken jennings with the fanta choice to take the hosting spots. then again you've got to count the mail in ballots. some thought levar burton was perfect for the job. perhaps they were worried final jeopardy might come too soon. show producer say nothing is certain yet sprayed the job is still up for grabs. in any case it would be nice to be someone in jeopardy other than andrew cuomo. we'll be right back ♪ ♪ experience, hyper performance that takes you further. at the lexus golden opportunity sales event. get 0.9% apr financing on all 2021 lexus hybrid models. experience amazing at your lexus dealer. ♪♪ (vo) the rule in business used to be, "location, location, location." now it's, "network, network, network." so you need a network that's built right. verizon business unlimited starts

michael didn't feel it. he was dead immediately. >> brian said after blasting mike with his 12-gauge, he grabbed his lifelessthe boat to shore. >> and i pushed the boat back out into the water to make it look like, he had drowned, or disappeared. >> on shore, he stuffed mike's body into a dog crate in the back of his truck and drove back to tallahassee where he found an isolated area to bury his friend. later that day when brian got a call from his father saying mike was missing, the two drove to lake seminole. >> there was a storm that came through that night. you know, my dad wanted to look. i think we were the last ones on the lake, and my dad didn't wanna give up. my dad loved mike. >> with no body ever found in the lake, brian testified they grew concerned about their other incentive to murder mike. >> the concern between she and i then became, "well, if his body's not found, what's gonna happen with the life insurance? " >> brian admitted to staging the hat found ten days into the search. >> i was the one that put it in the water during one of my searches on the lake. to kinda confirm that -- that he h

guard at sports direct and frasers, because michael murray has headed up this elevation strategy which is a key to the successful future of the business and mikeice? he has been driving the strategy to - been driving the strategy to take the stores and completely redesign them, change them and i suppose make them, change them and i suppose make them the department store of the future and he's done some fantastic work in terms of getting the right brand is in place in those stores and making a mix of different brands that people are interested in brian alongside make—up and food and drink —— interested in buying. that's been very successful. his background is property, that's where he came from but he understands the guts of the retail business and is the whole of the business has changed in terms of its profile. it's notjust sports direct any more, there are the house of fraser stores, flannels and a business like jack wills, he's been instrumental in putting the businesses together and making them right for the future shopper and the future high street which is going to look so different. the future high street which is going to look so diffe

michael mckee and important conversations. i'm looking forward to mr. bostic of atlanta to see how he answers mike mckee's rude questions. it is wonderful to start this historic day strong and we do it with someone that knows her economics. not the university of chicago, not supply and demand of the shelling cross but the fish market of massachusetts. james karen grew up in the sweat of one of the most mercantile -- i know it well -- mercantile towns and villages of america and joins us off of the whaling ship at morgan stanley this morning. it is supply and demand, jim. it is price up in price down, yield up and deal down. what are bonds going to do? >> that is the key question and i agree with lisa that it is all about rates. i think it is time for math. i think we have to reverse engineer this in order to understand what is going to happen today. tom: please. james: when we think about the fed's funds rate and the 10 year yield, the 10 year yield is the overnight interest rate reinvested every night for 10 years. those two should be the mathematical equipment. taking that as a starting point, we have to look at where

was posted online, however, mike, on the fall was forced to eat his words or his constantine roach. coff has commentary. as soon as he quit as us envoy to russia in 2014 michael mcfaul became perhaps moscow was most poisonous hater. and a former diplomat admit it's worked out just fabulous for him when queried on whether the envoy, her and the keyboard warrior could ever be allowed into the country again, after all these years of his non stop vitro, he pan what quickly became a lead candidate for the most on diplomatic brag ever. i have a job for life, the best universe in the world. i live in the giant house in paradise. i made close to a $1000000.00 a year. i have adoring fan since even half a 1000000 follows and with 99 percent. also, my me, i'm doing just fine without a dam, visit from russia, and i am not afraid to tweet under my own name. i feel sorry for people like you who are brave enough to do so. the twitter user who had managed mcfall, triggering him to boast about his lavish lifestyle, publish the entire exchange, noting all of that perfectly exemplifies the fact that american meritocracy is just a myth. a crown adviser reacted to me of false his

still ahead, miranda divine, florida congressman, michael waltz, greg bozel and mike huckabee.210,000 illegal migrants. the administration does nothing. i've got an opinion on that. . . ♪ ♪ ♪ ♪ we did it again. verizon has been named america's most reliable network by rootmetrics. and our customers rated us #1 for network quality in america according to j.d. power. number one in reliability, 16 times in a row. most awarded for network quality, 27 times in a row. proving once again that nobody builds networks like verizon. that's why we're building 5g right, that's why there's only one best network. ♪. stuart: okay. i will ignore the music. just say good morning, everyone. i don't like music. 10:00, eastern, straight to your money. the dow early this morning hit a brand new all-time high. it has backed off since then. we're down 60 and the nasdaq is down 44. looklook at the 10-year treasury yield, we're at 1.36% on the 10-year treasury. this follows some hot inflation news. at the producer price level it is indeed running hot. market doesn't like that particularly and we have th

mike, quickly, this is huge, the idea of the impulse of our system to higher prices or to go through assets to higher prices. michaelon't know the mechanism at this point. they think they know and it is a gamble. tom: jackson hole, your wrap up? michael: interesting. powell obviously laid things out for the markets and the markets seem to have accepted his timetable, which is good, no disruptions, but there were interesting papers, some concerns that -- is significantly lower and also that income inequality may have driven some of the slow down in the economy as opposed to the other way around. tom: lisa, that is interesting, isn't it? lisa: yes. we will continue that conversation. joanne feeney is joining us. it is a fascinating market and markets are taking everything jay powell said so in stride. is he taking a victory lap or is he holding his breath? tom: we continue. stay with us this week. on friday, jobs. this is bloomberg. good morning. ♪ >> new orleans is in the dark and large parts may stay without power for weeks. hurricane ida pounded the city and the louisiana coast with heavy rain and some of the stron

>> i'm great i have to send michael a thank you card for that primer awesome stuff. >> yeah, always one to bring the information, that mike, so this is a big challenge for investors, really since the financial crisis, to find yield amid low interest rates. so dividends have been one way to do it but not all dividend stocks are creating equally how do you assess which ones to buy, especially given all of the uncertainties out there right now? >> yeah, you know, dividend stocks aren't all created equal. too often, investors are looking for the highest dividend out there. as michael just alluded to, it's not always the best way to look for a solid quality investment here's how i break it down for my son we can all go out and buy anything we want we can take a credit card, we have purchasing power. we can buy anything. but being able to buy something doesn't mean we're able to afford it. and the same approach has to be taken to dividend paying stocks. any company can go out there and raise their dividends like crazy. they can leverage, they can do anything what we think is so much more important is looking for companies that

. >> mike, thank you it is great to see you michael o'hanlon. >>> bomb shell revelations in the theranosfore it is is set to begin. >>> and a partnership with amazon "squa "squawk box" is coming back. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> bombshell revelation days before elizabeth holmes is set to stand trial critics say she suffered a decade long campaign of psychological abuse from her former boyfriend and business partner. her defense team said he monitored her calls and subjected her to physical violence such as throwing harsh objects at her and monitored her movements and what she said and how much money she could spend she met him when she was 18. he later joined her testing start up as coo. they face ten counts of wire fraud and two counts of conspiracy for what prosecutors call a scheme to defraud investors and doctors and patients both pleaded not guilty and denied any wrongdoing. balwani de

mike richards, the show's executive producer will take over permanent hosting duties. he was one of several guest hosts after long time host alex trebek passed away. >>> michael b jordana new film. he plays a soldier deployed to iraq who starts to keep a journal for his infant son. >>> jamie fox going on a multi city tour for release of his first memoir, act like you got some sense. the tour launches on october 15 in philadelphia. >>> happening today, a very special professional baseball game will take place in a corn field of all places. >> you probably remember "field of dreams." tonight it is backing reality. baseball game will be played at the field in iowa. it took a year and a half to build the field in the middle of a corn field. 8,000 people will be in attendance, white sox taking on yankees at 4:15. >> so cool. >>> young baseball players already saw their dream come true at the field of dreams. alex rodriguez gave pointers last night. he showed them how to improve throwing and batting techniques and even gave them an autograph. >> very cool. >>> in our next half hour on kpix5 and streaming on cbsn bay area. >> big changes as the next big bay area school distr