julie: from new york city -- jonathan: from new york city, worldwide, i'm jonathan ferro. bloomberg real yield starts now. coming up, u.s.-china trade talks ramp-up in washington. little sign of anything testing the federal reserve's patients anytime soon. credit grinds tighter. is the good news baked in? is it time to start fading the rally? >> this is a good time for investors to de-risk. >> owning more cash than normal. owning more high-quality bonds. >> time to take -- off the table. >> owning less high-yield, less levered companies. >> our tendency is to reduce credit risk over the next six to 18 months. >> there is a cap on the outside in credit. >> helping the portfolio toward high-quality, investment-grade corporate bonds. >> ultimately, you will have a pickup in defaults. >> the headwinds are the fact that the market has priced in a lot of good news. jonathan: joining me around the table is invesco advisors chief income strategist, and in london the senior investment manager at aberdeen standard investment. is it time to fade to strength ?it is a good question. >>

julie: from new york city -- jonathan: from new york city, worldwide, i'm jonathan ferro.berg real yield starts now. coming up, u.s.-china trade talks ramp-up in washington. little sign of anything testing the federal reserve's patients anytime soon. credit grinds tighter. is the good news baked in? is it time to start fading the rally? >> this is a good time for investors to de-risk. >>

we are covering amazon's decision to pull out of new york city, its new headquarters out of new york city. joining us fromeattle to glenn kelman, who ran over to our bureau from the redfin offices in seattle. you have so much contact on the challenges amazon has faced in seattle, special insights into the controversy they been facing in new york. are you surprised amazon through in the towel? not.m really if you look at the political climate amazon faced in new york, what they would try to leave behind here in seattle, it makes sense they would pull back. a were tired of having protests, product -- tired of having people challenge their efforts to build a local economy. i know there are many well-founded criticisms of any business that size, but i'm just trying to give you some understanding of where i think the amazon folks are coming from. there are hundreds of cities that really want and amazon, and i got to new york and realized that town was not one of them. reason toat is a good have a portfolio approach, and they welcome the call to all of us in tech that we really have to think about how we treat

new york from city, to our viewers worldwide, i'm jonathan ferro. bloomberg "real yield" starts right now. coming up, trade talks wrapping up in beijing. president xi hailing great progress. looking to stabilize further signs of slowing growth. chinese credit surges. struggling to get a read on the u.s. economy. small cracks begin to emerge. we begin with the big issue, struggling to get a clear read on the u.s. economy. >> i wouldn't take too much based on one data point. >> it will depend on how the economic data unfolds. >> we don't even know the data yet because of the shutdown. >> given the bad news. you know, from the retail sector. >> there was no silver lining. >> the first time we are starting to see a fading from the tax cut boost. >> it is very possible that we continue to have strong growth in the u.s. >> i think we cannot have strong conviction one way or another at this point. jonathan: joining me around the table today is michael temple, doug peebles, and krishna memani. krishna, i want to begin with you. doesn't take much to shake co

somebody who says just one more reason for business to move out of new york city and get away from new york city mayor now he also says that he's a supporter of u.s. president donald trump now this change will say to the law doesn't affect. other. garments we'll call them relate related to health and safety and also we're going to hear now from a mississippi t.v. anchor who says that she was actually fired because of her hair. i didn't mind because my father told me i did a little of the beauty and then i naturally it was best known now my theory all anyone wants to talk about i didn't is that happy so that's a woman in mississippi so this is not just a new york situation no it's a york city in fact and the thing is of course across the rest of the united states this is going to you know it's really got a lot of interest but it's not just there it's across the water in the united kingdom in fact and in africa where many black women straighten their hair or even wear wigs to cover their natural hair using and we're just seeing here a tweet from charlie bring curst cofs she's an awar

david, i grew up about four new york city blocks away from the proposed amazon headquarters in long island city. i know the area really well. anyone against amazon coming there is not looking at big picture. amazon does not need new york city, they will find a home somewhere else. long island city, across the east river from manhattan, could have used amazon, would be good for all the people and businesses there. this is a big loss for new york city. david: people wanted it. the politicians are going against the people's wishes. that can't happen long in democracy. gerri willis you're following the story as well from the market perspective and people perspective. >> yeah. david: virginia and nashville, by the way, no tears for new york. they are welcome to amazon with open arms. not like they don't have a home. >> looking on twitter see if i find something from the governor of tennessee, mayor of nashville, nothing yet on twitter. here is what the company is saying back in new york, thawing governor cuomo and de blasio for their efforts. we're not building the headquarters in long island c

from new york city, bloomberg "real yield" starts right now. -- jonathan: i'm jonathan ferro. from new york city, bloomberg "real yield" starts right now. ♪ coming up, trade talks wrapping up in beijing. president xi hailing great progress. looking to stabilize further signs of slowing growth. chinese credit surges, and struggling to get a read on the u.s. economy. small cracks begin to emerge. we begin with a big issue, struggling to get a clear read on the u.s. economy. >> i wouldn't take too much based on one data point. >> it is one month of data. >> it will depend on how the economic data evolves. >> we don't even know the data yet because of the shutdown. >> what's interesting about the u.s. economy -- >> given the bad news. >> there was no silver lining. >> the first time we are starting to see a fading from the tax cut boost. >> i count this as an anomalous data point and i don't think it is consistent. >> it is very possible that we continue to have strong growth in the u.s. >> we are bringing in people from the sidelines in terms of the labor market. >> i think we can

did it mainly come from new york city authorities or from albany? y new york city politicians who felt there was no reason to give away such tax benefits to amazon. that they were coming because new york is such a vibrant tech hub and because long island city was such an interesting upcoming place in which to attract workers. the local politicians just felt if we're going to spend $3 billion in tax money, it should be to improve the city, not approve amazon's bottom line. david: this news broke about an hour ago. we have to be careful not to talk and's of grand conclusions from it, but let's speculate for a moment. it, amazonof specific phenomenon or could this be part of a larger phenomenon? we're seeing a lot of populist rhetoric from california, from some of the new congressman in washington. proposals on by back restrictions, digital. is this something we will see play out over the next couple of years? >> i think even know there are all of these community's around the country now saying if not new york, please pick us, the whole issue of subsidi

from somebody who is . he says he's a u.s. supporter of u.s. president donald trump he says just one more reason for business to move out of new york city and get away from new york. city mayor so they can affect health standards he says ok now this isn't just a problem in new york city i mean this is also taking place elsewhere have other places that we acted with similar guidelines yeah you're right but before we move on to that in fact it's affecting like made mention to the health issue and there's hair napster's toys and all that are still going to be required for health and safety and in fact i think the best thing is that we hear from a former mississippi t.v. anchor who claims that she was even fired because of her hair all right and we've got to leave it there a problem is thank you so much for bringing us up date on those well trendsetting guidelines certainly thank you. for a young football players across the african continent the chance to play for a top european club is a dream fourteen year old boy. is such a dream are you hoping to be a global football star in our correspondence a flourish to followed him as foreign munich's top

that amazon is reconsidering its plan to open its sprawling new hq2 campus in new york city, due to political opposition and protests from the local community. the new york state senate recently appointed michael gianaris, a vocal critic of the amazon deal, to a board charged with reviewing the plan. activists, union leaders and other politicians have spoken out against the deal, including new york city congressmember alexandria ocasio-cortez. in political news, massachusetts senator elizabeth warren and amy klobuchar both formally launched their presidential campaigns over the weekend. there are now an unprecedented six women seeking the democratic nomination. klobuchar launched her campaign sunday with an outdoor rally in minneapolis during a heavy snowstorm. >> i do not have a political machine, i do and a come from money.

. >>> first, you have got to be tough to make in the new york city. that from the city's mayor after amazon's stunning decision to cancel its planned headquarters in new york. you may remember, amazon went all out, they put on quite the show when it announced its nationwide search for its new headquarters. it collected information on cities, detailed intimate information from cities coast to coast before announcing quite predictably that it would land in new york city and northern virginia just outside of d.c. the announcement fuelled protests and a fierce debate between locals and city and state leaders. in a statement today, amazon said, quote, after much thought and deliberation we have decided not to move forward with our plans to build a headquarters for amazon in long island city, queens. while polls show that 70% of new yorkers support our plans and investment, a number of state and local politicians have made it clear that they oppose our presence and won't work with us to build the type of relationships that are required to go forward with the project.

from philly to trent. kicks up through new england. new york city goes from icy mix to rain. ughout this region. snowfall totals, guys, four to six inches in areas of wisconsin northward. new york city right around three inches to four inches. hartford up to six inches. boston right around four. mountainous areas of new england another big storm for them. about a foot at least. >> did you watch the grammys at all? bill did you watch? >> no. >> i'll watch right now. i caught the highlights. >> pretty incredible. daefl night for women. pretty awesome to watch. the dolly parton tribute was incredible. alicia keys did an incredible job. >> thanks, bill. still ahead, stocks are under pressure this morning ahead of another meeting over u.s. and china's trade war. >> amazon's big plan for new york city headquarters face another hurdles. reports suggest the company may be reconsidering the project. y be reconsidering the project a lot will happen in your life. wrinkles just won't. neutrogena® rapid wrinkle repair's derm-proven retinol works so fast, it takes only one week to reveal yo

city. as a kid from seseattle, know wt amazon can do for a city. >> we can say listen new york is fine and dandy. we don't need it. take yourself back in new york city 15 years ago to the meat packing district. >> when people could afford to rent a place? middle class people cannot rent in new york. >> i'm just painting the picture. you had those meat packing facilities. more affordable housing. since that neighborhood changed, you now have a whole lot more jobs. you have tech over there. this is a way -- >> none of us know a teacher who lives in new york, a firefighter. none of us know an artist. you know why there's no graffiti in new york? it's too far from the city. >>s th a question, are we going keep bringing the people in from inside and pushing people further out. the statistician made an interesting observation. which is look the people who actually supported -- if you look at the polls, the people who supported it, included a lot of people in the outer boroughs. people who opposed it was white affluent people in manhattan. that's just one poll. i think at the end of the day, the

from new york. now. >> from the fox studios in new york city. >> happy weekend. welcome to the program that analyzes the week that was in helps position you for the week ahead. coming up, chinese venture capitalist and the -- of ai is my special guest. we have a lot to talk about. artificial intelligence. the first markets have good news. secretary of the treasury, stephen mnuchin traveled to beijing and said u.s. china trade talks are on track. we got the latest data on inflation saying it's a contained leading investors believe the fed will not consider another rate hike. the next meeting is in march. the markets go from here? s joins me now. s, it's good to see you. >> same here. >> maria: i guess, we have good news on ppi. at the end of the week we had some retail sales number. down 1.2% for the month of december. we were expecting again. does that tell you where we are on this economic growth story? >> i think it's more sentiment. i think in december people got so spooked by the markets. remember the fourth quarter was horrible. people didn't have a compass

from maybelline new york. with full coverage pigments... stays on. stays flawless. up to 24-hour wear. super stay foundation only from maybelline new york. >> announcer: live from new york citye wendy williams show." ♪ now, here are today's hot talkers! [cheers and applause] ♪ >> carla: hey! oh, wow! you guys look amazing!

i think it was a big loss for new york city. i come from new york city. i love new york city.s. >> and on the coast guard member that was arrested for threatening democrats and other members -- >> i'm getting a very final briefing and a very complete briefing in about two hours after this. >> you have any thoughts -- >> it's a shame. it's a very sad thing when a thing like that happens. i've expressed that. i'm getting a complete briefing in about two hours. >> you bear any responsibility for monitoring your language? >> no, i don't. i think my language is very nice. >> [question inaudible] >> the trade conflict has been a year. so what do you think? >> who are you with? china? >> the people's daily in china. >> people's daily. >> yes. what do you think? is the cooperation? >> great cooperation. both ways with china. and a lot of good things are happening. i think you see that. so many people every day, they are going to make a deal. they have no idea. it's fake news. do they have fake news? china? i think so. [laughter] it's a question. are they going to make a deal? i think

city. connell. connell: much more to come from here, melissa on the breaking news of the day. amazon has ditched its plans to come to new york city, forced out some might say by local politicians. one of them new york state assemblyman ron kim, opposed to amazon from the get-go. he will join us live here in queens. later we talk to elizabeth luskin, long island city advocate, who was in favor of the company coming. much more to come when "after the bell" continues. ♪ uture. annuities can provide protected income for life. learn more at retire your risk dot org. (clock ticking) (bell ringing) it's time. time for a new kind of cloud. the ibm cloud. the cloud that proactively protects your business from threats, instead of just reacting to them. that lets you modernize and move more of your apps without re-writing. that unlocks insights from all your data and puts it to work with ai. get a faster, more secure journey to the cloud. the ibm cloud. the cloud for smarter business. ♪ ♪ and our shirts from custom ink help bring us together. we just upload our logo, and if we have any questions, customer service is there to help. - [m

from omaha to just south of new york by late tonight. it moves into chicago and minneapolis by tomorrow morning. it's into new york with an icy mix from cleveland into new york city by the afternoon. and heavy rain, which may cause flooding down south. snowfall amounts anywhere from 1 inches of snow back through the midwest and into the foot of t, upwards of snow into parts of northern new england. it's going to be a very busy o week coastast, lester. >> al, you'll be watching it, thank you. >>> tonight the cdc says there are confirmed cases of measles now in ten states. it's a dangerous childhood disease that we had basically eradicated with the measles vaccine decades ago. now it's sprouting up in hot spots across the country. the spread blamed on parents not getting their kids vaccinated. steve patterson reports, now some teens are taking matters into their own hands. >> reporter: measles now a public health emergency with a surge of those infected. across the country the cdc confirming 101 cases since january 1st. the epicenter of the outbreak, washington state, with more than 50 cases. most in clark county which has the lowest vaccination rates. about one-qu

harris said a new election should be called in the state's ninth congressional district. a report from new york cityroller's says deportation have soared since president trump took office. more than 2500 undocumented immigrants have been deported from new york city in each of the last two years. that's 150% annual increase. nearly half of the people had no criminal convictions. a judge set bond at $100,000 for empire actor jussie smollett who is accused of lying about being attacked. prosecutors say he gave detailed instructions to two brothers who helped him in a staged attack against him in downtown chicago. including giving them specific slurs to yell and telling them to shout maga country and drape a rope around his neck. >> absolute justice would be an apology to this city that he , admitting what he did, and then be man enough to offer what he should offer up in terms of all of the resources put into this. mark: superintendent johnson staged the attack because he was unhappy with his salary and wanted to promote his career. jeremy corbyn traveled to brussels for meetings with european union le

news and cbs this morning. from the broadcast center in new york city, i'm meg oliver. cbs captioning funded by cbs a false police report. >>> a lieutenant in the coast >>> it's thursday, february 21st, 2019. this is the "cbs morning news." from victim to suspect. actor jussie smollett is facing a felony charge for allegedly making a false police report when he claimed he was attacked. his attorneys say don't rush to judgment. >>> massive attack plot. a lieutenant in the coast

new york city. >> i think it's a big loss for new york city. i think it's a big loss. i think if you look at the deal, the deal was not a great deal from the standpoint of they could have made a better deal than that, a much better deal, but still, i think it's a loss for new york city. and the $3 billion wasn't a check, it was a form of taxes over a period of time that now they will never see because, you know, they were going to take in a lot of jobs, they were going to take in a lot of taxes. i think it's a big loss for new york city. it's the kind of thinking that our country's going to on the left, on the radical left, but ultimately it's not good for jobs and it's not good for the economy but i think it was a big loss for new york city. i come from new york city. i love new york city. i think it was a big loss for new york city. yes. reporter: what about the coast guard member who was arrested for threatening democrats? >> i'm actually getting a very final briefing, a very complete briefing in about two hours. reporter: do you have any thoughts on this man? >> i think it's a shame. yeah. i think it's a very sad thing when a thing

new york headquarters have been axed. we start in the us, where internet giant amazon has abandoned plans to build a vast second headquarters in new york city because of opposition fromal politicians and labour unions. and the boss of royal bank of scotland has warned the uk economy faces "a heightened level of uncertainty related to ongoing brexit negotiations". and we'll be getting the inside track with our business editor simonjack. and brexit — it's just 42 days away. its been a week of warnings from the likes of ford and rbs over the uncertainty related the uk's departure from the eu we'll get more with our business editor simonjack. and there's some new research that suggests that the brain function of very late risers and "morning larks" during a working day is often very different. i know which one i am! which one are you and does it ever affect your day? let us know — just use the hashtag bbcbizlive. hello and welcome to business live. we start in the us, where internet giant amazon has abandoned plans to build a vast second headquarters in new york city because of opposition from local politicians and labour unions. the company had said its proposal would c

new york city. wendy gillette has that story. >> reporter: amazon decided it's not going where it's not wanted. the company reversed plans for building a new york city headquarters after opposition from the community. >> there was no conversation about how the infrastructure of new york city would be able to handle amazon's presence here. well, the news for amazon is that they're not bigger than new york city. >> reporter: amazon's new faclity would have brought 25,000 jobs to the city. but local politicians were infuriated the company was offered $3 billion in tax breaks. in washington, newly elected democrat alexandria on, casio -- alexandria ocasio-cortez called it a victory for everyday new yorkers. >> we were looking at a deal that was not primarily putting the community first, and i think th wabsotely come together to create an economic plan that actually invests in new yorkers. >> reporter: this is the queens neighborhood where amazon was planning to build its headquarters. new york competed against more than 200 cities to land the project. new york governor andrew cuomo had argued the company would transform long island city into an invigorated, high-tech powerhouse. he accus

new york so that they could attend college and get the resources needed to stay in college and to graduate. that transformed the city university of new york, the various colleges, including her alma mater brooklyn college from being all white to resembling more of the diversity of new york city. a fantastic accomplishment. >> did she grow up in brooklyn? >> she spent seven formative years on the island of barbados. and, barbados was transformative to her even though she was a young girl. she was raised mainly by her aunt and her grandmother, two stern but very loving and capable women. she also was in barbados at a moment where the struggle for independence begins. the struggle for labor rights begins. one of her uncles wrote for the black newspaper. and i am absolutely convinced that she had her racial and gender consciousness raised those years in barbados. host: put in perspective the significance of her election, she took office 50 years ago in 1969. elected in 1968. the civil rights movement was at its peak. the voting rights act signed into law. what did it mean for her to be elected? >> well, it was the front page of "the new york times." prior to that, they never mentioned her by name. it was as muc

on this holiday devoted to love, no love lost in new york city as neighbors and local politicians duked it outnd amazon announces it's pulling out from its new york city deal. this was supposed to be the largest economic development deal in new york ate's history, a deal that would bring 25,000 to40 00 jobs. jobs that would average $150,000 a year. w york governor andrew cuomo is pointing the finger at localr leaders ending this deal. a small group of politicians put their own narrow political interests above their community. one of those outspoken opponents was local new york city councilman jim van bremer and he did a victory lap news conference. >> we are proud that we fought for our values, proud that we fought for our values. our values in new york city are to defend m workingen and women. >> but the constituentsho live here, neighbors and local businessmen, are furious. >> job killer, everybody! >> ty feel likehey have lost out on the opportunities, and they pushed back loudly during that news conference. >> i think it's a sad day for the community, i really do. there were a lot of jobs coming our way. there was a lot of energy

new york was a progressive. saying they don't compute. and what this means for business, maybe staying away from new york city in the future.vest $2 billion which could be 27 billion over the next few years. they were met with a lot of resistance. >> it's good to be with you. these socialist seem to be economically illiterate. not only are they ignoring the direct impacts of amazon coming would have, there ignoring the ripple effect that we would see as a result of these. we see restaurants, growth in real estate, businesses, so much growth that would benefit people that she's ignoring. she's focusing on one small point that is not part of the bigger picture. >> incremental tax revenue of $10 billion and not just 25000 high-paying jobs of a hundred $50,000 of average on salary, that has a multiplier effect for the community. by the way, they would only get the 3 billion in tax subsidies when they create the 25000 jobs. do they understand the math? >> i think sometimes democrats and republicans can be shortsighted on these issues. i think this is a prime example. i'm so from south carolina, god's country. we had a similar is

. >>> first, you have got to be tough to make in the new york city. that fromtunning decision to cancel its planned headquarters in new york. you may remember, amazon went all out, they put on quite the show when it announced its nationwide search for its new he

jonathan:: from new york city i am jonathan ferro. "bloomberg real yield" starts now. coming up, u.s.-china trade talks wrap up in washington. the everything rally continues. global stocks top credit. is it time to start fading the rally? >> this is a good time for investors. >> we are running a cash balance. >> owning more cash than normal and more high-quality bonds. owning less high-yield. >> our tendency is to reduce credit risks over the next six to 18 months. on the upside in credit. towarding the portfolio high-quality treasuries. >> ultimately you have to pick up the ball. >> the headwinds, a lot of good news priced in right now. jonathan:: here in new york, my let's begin with you. it is a good question. the turnaround from the fed has been sharp, it is difficult for to see how quickly markets need to re-price. in picture sense, i am cautious with risk assets because at the end of the cycle 18 months away, i know the next big move will be a risk off move. are dealingis we with investor psychology and the behavior of the federal reserve being independent. they

that transformed the university of new york including her alma mater brooklyn college from being all white to resembling more of the diversity of new york city. it was a fantastic accomplishment. >> did she grow up in brooklyn? >> she spent seven formative years on the island of barbados and barbados i think really was transformative for her in many ways even though she was a young girl. she was raised mainly by her aunt and her grandmother, two stern but very loving and capable women. she also was in barbados at a moment where the struggle for independence begins, the struggle for labor rights begins, one of her uncles wrote for the black newspaper and i am convinced she had her racial and consciousness raised by those seven years in barbados. >> she took office 50 years ago in 1969 and was elected in 1968 . the civil rights movement was at its peak, the voting rights was signed into law, what did it mean for her to be elected? >> it was the front page of the new york times, prior to that they never mentioned her by name and it was as much of an earthquake and the only thing that comes close to it was the election of which was well how did

but i think it was a big loss for new york city. i come from new york city.e new york city i think it was a big loss for new york city. >> when were you briefed on the coast guard member arrested? >> i'm getting a final brief and complete briefing in about two hours after this. >> do you have any thoughts on the man? >> i think it is a shame, yeah it's a very sad thing. a thing like that happens. i've expressed that and i'm getting a very complete briefing in about two hours. >> do you think that you bear any responsibility for your language for that? >> no. i think my language is very nice yes? >> on -- >> from china, from china. >> trade conflict one year now negotiations going on. what do you think? >> who are you with in china >> people's daily. >> people's daily? >> okay. >> what do you think solution - >> great cooperation we have great cooperation. both ways. with china and a lot of good things are happening. i think you see that so many people every day, they are going to make a deal they aren't going to make a deal it's fake news do they have fake ne

from new york. now. >> from the fox studios in new york city. >> happy weekend.u for the week ahead. coming up, chinese venture capitalist and the -- of ai is my special guest. we have a lot to talk about. artificial intelligence. the first markets have good news. secretary of the treasury, stephen mnuchin traveled to beijing and said u.s. china trade talks are on track. we got the latest data on inflation saying it's

from five-ninety-nine. visit princess.com (grant) new york new york city has gone to the dogs.(vicki) entertainment tonight's keltie knight has the latest from the westminster dog show. grant,the westminster dog show is the oscars for our furry friends,and we're behind the scenes at madison square garden to find the best in show.gb: for 143 years westminster kennel club has been the highlight of dog sports/pu it's the world series, the superbowlthe pampering! the grooming! -- but no barking! these dogs are the best of the best.but what exactly does it take to be a winner?so there's 2800 dogs all vying for best in show and/pu it'll wittle down to 7each breed has a written standard and our judges are using that standard to judge the dogsso if the dogs muscle tone the coat texture the care those aspects also come into play because it is a dog show and the dogs are suppose to be presented at their very best individual prizes are awarded for attributes like obedience and agility, but the overall winner is crowned "best in show".no cash prizes are won, it's simply for the honor of be

: new york democrats spent the weekend slamming new york socialist alexandria ocasio-cortez for quote ignorant grandstanding, for chasing amazon and its 25,000 high-paying jobs away from new york citye would profest wars. now we are complaining about jobs? if this had gone through, it would have made overnight new york city the high-tech capital of the east coast. the most of foornt job center for tech jobs. liz: new york mayor bill deblasio criticized ocasio-cortez for being ignorant about the incentives paid to amazon. cortez claimed amazon was getting $3 billion outright. >> that would go back in taxes only after we were getting the jobs. >> the money doesn't exist anywhere. >> exactly. liz: amazon is inviting cortez to come see her warehouses for herself after she slammed working conditions. what's your take on this, liz? >> she doesn't understand economics. at 29 she should have understood this policy and how tax abatements work. if she didn't understand it, she shouldn't have gone after it. it's time for people to call her out on places where she is dead wrong and making mistakes. when you are followed around the halls of congress by a gaggle of reporters, when he every word

jonathan: from new york city for our viewers worldwide, i am jonathan ferro. "bloomberg real yield" starts right now. ♪ jonathan: coming up, another monster payrolls report. u.s. hiring topical forecast. solid data and a fed retreat helping junk bonds deliver the best january in a decade. coming off a record-breaking month of european issuance. $255 billion in bond sales. we begin with the big issue, another solid jobs report. >> this is a blockbuster jobs report. >> it is impressive. >> another strong number. >> the virtuous cycle continues. >> we are the hottest economy in the world, and we are proud of it. >> this is a number great for the fed. for now, i think they can ride this out and i still don't think they will make another move until the second half of the year. >> are they really data dependent? are they stock market dependent? is inflation ultimately going to become the only thing that pushes them off of this? >> i think people continue to underestimate the strength of the economy. by the way, it is not inflationary. >> their mandate is full employ

to philly, from new york city to boston. 120 million americans affected already, an out of control driver slamming into police. paramedics stuck. forced to get out and push a patient on a gurney instead. ginger zee has the track and the new timing tonight. >>> dueling rallies tonight. president trump at the border, saying el paso was crime-ridden until they built a wall. beto o'rourke says that's not true. he's planning his own rally tonight. is he planning a run? >>> the urgent manhunt tonight, and this surveillance. authorities say this disbarred lawyer is armed and dangerous. he was supposed to report to jail. tonight, they say he's now killed his own mother and has cut off his ankle monitor. >>> the major distonight in the case of the high school student convicted after sending a text to her boyfriend, urging him to kill himself. he committed suicide. tonight, what the court has now decided. >>> the new turn this evening involving am zone ceo jeff besoes and "the national enquirer." >>> and target responding tonight, amid reports their app on your phone shows one price, but once you'r

news and "cbs this morning." from the broadcast center in new york city, i'm adriana diaz.ing funded by cbs >>> it's friday, february 22nd, 2019. this is the "cbs morning news." actor jussie smollett is out on bail and reportedly making a tearful appearance on the "empire" set after being accused of staging his attack for publicity. >>> north carolina voters in the state's ninth congressional district get an election do-over amid a ballot fraud scandal. >>> and record-breaking snow slams arizonusaf niare d forcing schools to close.

to join the student nonviolent coordinating committee in 1960, fresh out of bronx science in new york city. from 1960 to 1964 he's a howard university student and every summer he's committing himself to activism down south. he's going to spend the spring semester right after his freshman year he's going to spend almost eight weeks in mississippi's worst prison farm for participating in the freedom rights. that the rest in may of 19601 is the first one of 27 arrests between 1961 and 1966 for stokely carmichael. i preface my discussion on callable this way because bedtime carmichael says black power in greenwood, mississippi, he's experienced extraordinary things that most americans will never face. he's been a grass-roots organizer, living with share commerce and the mississippi delta. he's been an organizer small obscure counties like lowndes county in alabama. and for carmichael, he's going to write this in the january issue of the new republic in 1966 and the september issue of the new york review of 1966 for carmichael democracy is best etched in the faces of black sharecroppers. carmichael f

new york city. >> do you agree with your father politically? >> yes, i do. he taught me well. >> what's it like being in new york city from western michigan? >> it was a bit of a cultural shock that i love the school and new york is a great city. it's like a wild as city that's why i'm still young i enjoy it. >> was this your first state of the union? >> yes, it was. >> impression? >> i thought it was great. i was listening to what my dad was saying. i thought the president was on target and on message and i did really appreciate that. >> did your dad introduce you to anybody out there that he wanted tyouwanted to meet? >> the president actually, yes. we called him afterwards. i got him to sign the ticket we came out of the chamber he was very kind and took a moment and said to him he commented about him being taller than me but then he commented your dad must really like you if he's giving you the one ticket. studying economics and political philosophy this is kind of off the valley and a special way we could share this together. >> congressman, thanks for your time this evening. >> thanks. appreciate it. >> for somebody that did not get a

news" and "cbs this morning." from the broadcast center in new york city, i'm jeff glor. >>> this is the "cbs overnight news." >>>o the "overnight news." i'm nikki battiste. a worldwide hunt is on for a former air force counterintelligence agent charged with spying for iran. monica witt defected five years ago, bringing with her top-secret information including names of undercover agents. david martin begins our coverage. >> reporter: for 11 years, monica witt used there top-secret clearance to spy on iran. but she quit in 2010 and latering according to assistant attorney general john demers, told the iranians all about her secret work. >> what we've alleged is that what she provided them was the identity, names of a secret intelligence program of the u.s. government as well as the identities of an intelligence officer. >> reporter: she first made contact with the iranians while attending an anti-american conference in tehran. after witt returned to the u.s., she started texting with a go-between. a person holding dual u.s.-iranian citizenship who was assessing her potential as a spy. in one text, witt told the g

internet giant amazon has abandoned plans to build a vast second headquarters in new york city because of opposition fromiticians and labour unions. the company had said its proposal would create 25,000 jobs at long island city, in the borough of queens. but there was concern in some quarters about its impact on the local community and criticism of huge financial incentives promised by city authorities to amazon — which is one of the world's most valuable companies, run by the world's richest man. michelle fleury reports from new york. grandstanding about a block away from what would have been one of amazon's major new offices, right here in queens, new york. now, right from the beginning, the project was the source of a great deal of controversy, in pa rt the source of a great deal of controversy, in part because of the gentrification in causing this neighbourhood but also a lot of anger over the fact that the company was receiving huge tax breaks and $3 billion in subsidies to come here. 0ne billion in subsidies to come here. one of the richest tech companies in the world and from the beginning, local

new york city, your home city. president trump: i think it is a big loss. the deal was not a great deal from the standpoint that they could have made a better deal. a much better deal. i come from new york city. i love new york city. yes. final briefing in a couple of hours. sad when likevery that happens i'm actually getting a very complete rethink about two hours. shame. it is a thing whenis a sad that happens. i have expressed that. you bear any responsibility for moderating your language? president trump: no. my languages very nice. been oneconflict have year. what do you think? president trump: who are you with? >> people's daily newspaper china. the cooperation. president trump: we have great cooperation both ways with china. a lot of good things are happening. so many people everyday, they are going to make a deal, they aren't going to make a deal. it is fake news. do they have fake news in china? i think so. are they going to make a deal? i think we have a very good chance of making a deal. both parties want to make it a meaningful deal. i can speak for the vice premier, for the pres

news" and "cbs this morning." from the broadcast center in new york city, i'm jeff glor. >>> this is the "cbs overnight news." >>>ight news," i'm don dahler. president trump made it official in his opinion a national emergency exists along the mexico border. and he plans to use executive authority to build his long-promised wall. the news comes as congress put the finishing touches on a bill to keep the government running. without any money for a wall. and democrats vow to challenge the president's right to build any wall without the consent of congress. nancy cordes reports. >> i think he has all the legal this. ity in the world to do >> reporter: the president's decision was cheered by some republicans, criticized by others. >> i've been very clear on my concerns about the president declarin agency. >> reporter: declaring a national emergency gives the president broad powers to seize property and redirect funds from other projects without congressional approval. it's a move normally reserved for natural disasters and would enable president trump to direct the army to construct a border wall. >> the fact of the

agencies over this controversial practice and now the supreme court has finally weighed in from new york city artie's train travis has more. the decision could limit the ability of police to seize property from criminal suspects but in recent years law enforcement authorities have dramatically increased their use of civil forfeiture when police seize property from people accused of crimes the proceeds from the sale often go directly to the agency that took it so for some local sources is a big source of revenue therefore excessive fines are often imposed but usually the practice leads to low income defendants furtherance of poverty crime or prison according to the american bar association nearly two thirds of prisoners have little prospect of paying the fines back after their release the a.c.l.u. said in a statement imposing monetary penalties that bury people under mountains of accumulating debt has devastating consequences on individuals families and entire communities particularly low income communities of color the ruling comes after justice ruth bader ginsburg who just returned to the be

address have on the economy, that story and more from our cbsmoneywatch.com all joining us from new york city. good morning. >> good morning. let's start with the recap on wall street with the stocks finishing higher on tuesday with the dow rallied 172 points, the nasdaq rising 55. the state of the union address is expected to boost construction engineering after he called on congress to pass the major infrastructure bill. he went after the pharmaceutical companies for the rising price of prescription drugs. the retail sales growth in the u.s. could be calling in 2019 with that trade war in china and that ripple effect from the recent partial government shutdown looming over the industry. the national retail federation is calling for climbed between 3.8% and 4.4%, down from 4.6% in 2018. tax refunds could be delayed which could further dampen consumer spending. >> we hear there is important news about emojis and what can you tell us? >> hundreds of emojis are coming to the smartphones this year, 59 brand-new and other variations. that includes people with disabilities, gender inclusive couple