scarlet: this is bloomberg markets and i am scarlet fu.lanning and one of them is private equity in 401(k) accounts. they are hoping that it will make it easier for them to put those accounts into practice. my next guest says that they should not be able to tap into those assets. let us bring in allison who is live in davos. walk us through your thinking because the arguments for including pe into pension funds is that big pension funds and institutional investors already invest so why not make this available to individual investors? allison: it is not clear that it has gone well. a lot of them are of not finding that they are getting their money back. even so, this is an investment that is very opaque and direct to market pricing. you do not know what you are getting really, until the fund matures. it is not clear that individuals would benefit from something. the risk is not only that it is illiquid and the argument is that it gives you a higher return because you get a gain for giving up liquidity. it is not just a liquid at a lack of t

scarlet: this is "bloomberg markets." i'm scarlet fu.time now for the stock of the hour. and we're looking at procter & gamble it is the first consumer package goods company to report and the shares are higher after organic revenue that beat the average analyst estimate. volumes topped estimates. let's bring in goldman-sachs senior consumer analyst bonnie herzog. fantastic for you to join us. i mentioned organics beating on higher volume which is a change where revenue growth was really driven by price increases is this volume growth sustainable? bonnie: i think we were looking for organics sales closer to 2%. we're better than expected, which is what is driving the stock higher. i think expectations had moved lower heading into the print. and a lot of that has had do with the end market demands slowing a love of what we're seeing with the macro, pressures on the consumer, geopolitical issues. it really highlights proctor's ability to execute strongly in what is considered a very difficult environment. so it's encouraging. scarlet: and t

i'm scarlet fu. time for the stock of the hour. starbucks is falling right now before the coffee giant reports after the closing bell today. but the company is already making headlines, announcing leadership changes aimed at improving the customer experience. responsibility for store performance and the customer solutions team. meredith will join as the chief development store officer. for more on what we may hear from starbucks, let's bring in cristina morales, senior analyst at punto research. what do you make of these management changes which had been hinted at for a while now, bringing in two former taco bell executives. are these the kinds of changes that come up from where you sit, move the needle? cristina: it is in line with the strategy the company is trying to implement. they are focused on north american operations which have not had great quarters. they are trying to improve the customer experience, trying to improve also the time they spent before they wait for the coffee to be attended.

scarlet: really appreciate you joining us on this developing and fast story. i'm scarlet fu.es it for us this hour. keep it here for "balance of next. this is bloomberg. ♪ lock in let's go. rated e for everyone. [rock and roll music playing] xfinity. made for gaming. rewards members, get early access to an ea sports fc25 kit. visit xfinity.com/rewards. >> from the world of politics to the world of business, this is "balance of power." live from washington, d.c. joe: it's time to certify the votes. welcome to the faster show in politics, as lawmakers gather in a joint session of congress to perform their constitutional duty four years after the process was interrupted by a mob of rioters. i'm joe mathieu alongside kailey leinz and washington, d.c. thanks for being with us on the monday edition of "balance of power." it is january sixth, four years later. kailey: this proceeding stands in stark contrast to what we saw four years ago as known inside or outside the capitol is contesting the results. the woman who was defeated in november will be presiding over the proceedings tod

scarlet: this is bloomberg markets. and i'm scarlet fu.e now for the stock of the hour and we have already discussed tesla and microsoft, so now we turn to meta. the shares are higher, but this mark a seventh-straight day of gains. it is scheduled to report quarterly results right after the bell and this comes days after deepseek caused a bout of volatility in those tech stock names. joining us now is eric sheridan, partner at goldman sachs. eric currently has a buy rating on meta. i mentioned how meta shares are up for a seventh-straight day despite the disruptive news about deepseek. is the market correct in seeing this as good for meta? eric: there is a couple of themes that have been making their way through meta's stock. first, they already previewed what they would spend in terms of capital expenditures 2025 by saying a range of $60 billion to $65 billion. that is lower than what some investors had feared. there have been some press reports around laying off the bottom 5% of underperformers in the organization and/or possibly reorgan

now down over 25%, scarlet. scarlet: clearly a lot of red.hank you for highlighting all of those big movers. bloomberg's emily graffeo. so that brings us to the question. what exactly is deepseek? why is it moving markets so much today? why does it seem to be panicking investors? let's bring in rachel metz in san francisco who covers a.i. for bloomberg news. deepseek feels like it came out of nowhere. how long has there been something that has been percolating and worth paying attention to? >> this particular company and this particular model, i think for a lot of people did seem to come out of nowhere. the company habit existed for all that long. and some of the tactics that they're using, the way they built this model, it sound like what some of the biggest companies are doing to build their models right now. a lot of techniques are what people in the industry are familiar. it's just the speed with which they built it and the low costs and the limited access they would have to the best chips on the market would make the performance that rea

scarlet: this is bloomberg markets.m scarlet fu our stock of the hour american express reported stronger than expected fourth-quarter earnings. saying "consumer confidence is getting higher and translating into potentially more spending." for more on his comments let's bring in caroline hyde. the fate of the consumer. caroline: a high-end segment of the consumer. scarlet: a young group too. caroline: this set of numbers ultimately met expectations. maybe people expected more of a revenue boost in terms of guidance for 2025. he said i am sticking to my 8%-10% growth range and shares were at a record high yesterday. ultimately this is a higher end consumer going for a more high-end luxury card having to give away a few more perks. expenses -- expenses ran a little higher. they are looking to win over a millennial and gen z. it is about the future of the buyer. the person who wants to travel, go to hotels. what is interesting is for them the stock market doing well is good for his consumer. he is talking about why he will

scarlet: this is bloomberg markets. i'm scarlet fu. a breaking story we are following.alifornia being fanned by the most destructive windstorm to hit that area in 14 years. going live to alec stone who is in los angeles. you are in alta dena, where there is a fire raging. a couple of different areas within the l.a. area where there are separate fires. >> you are right. four separate fires. at this point, this being the only deadly one. two people have died in this fire, numerous others have burn injuries. they have not been able to count. one of the other big fires in pacific palisades near malibu. that is the first one that ignited yesterday. another in the northern city of l.a. in the sylmar area. another one out east. it is a lot of fire. it comes down to the wind until a couple of hours ago. 100 mile-per-hour winds hitting the area. you could not stand in it, firefighters could not shoot water in it because it would go at a 90 degree angle. it made it impossible for them to fight the fire. winds have subsided a little bit. they may pick up later today. firefighters

scarlet: i'm glad you mentioned the trade deficit. the trade deficit we got data showing it widened on the largest jump on imports since 2022. a lot of that perhaps driven by the idea that companies are trying to frontload their orders to get ahead of potential tariffs. kailey: donald trump has not been shy about his desire to use tariffs as a mechanism, whether for leverage or otherwise to get fair trade relationships on the behalf of the united states. he pushed back against reporting from the washington post on the idea that while his administration might be looking at universal tariffs, they were going to narrowly target those strategic imports only. he said that was false and he's not planning to pare back his tariff plans. he once again threatened putting tariffs on canada and mexico, potentially denmark in the press conference today. it does not seem he shifting his tone on that. scarlet: thank you. kailey leinz, bloomberg "balance of power" cohost. we will hear from you in the next hour when she begins her show. coming up, com

scarlet: this is bloomberg markets. i'm scarlet fu.n highs as we build on last week's rallies. let's look at some individual movers and bring into emily graffeo with more. emily: charles schwab had a pretty good earnings beat. the stock was up as much as 8%. the biggest jump since november after the company attracted record inflows into its retail brokerage business, adding 1.2 million new brokerage accounts in the fourth quarter, beating estimates. revenue also beat estimates, coming in 20% growth year over year, five .3 billion. over all results showing positive trends of you where, according to an analyst at jefferies. a different story for shares of walgreens. that stock tumbling today after the u.s. department of justice claimed walgreens distributed controlled substances like opioids in pharmacies across the u.s. while ignoring red flags that the prescription were probably illegal. walgreens had denied the allegations and actually sued the usda over requirements on pharmacists. finally, looking at shares of netflix. the stock is

scarlet: this is bloomberg markets. i'm scarlet fu.ategy fund had a successful 2024, with some seeing returns of more than 50%. partly due to president trump's presidential victory. macro funds are wagering that this year will bring more of the same. joining us now is bloomberg's -- who covers hedge funds. the idea is the trump trade continues, and macro funds are in the best position to profit off of that. >> for cicely. they had been struggling for years. low interest rates tampered their performance. now you are seeing them do quite well. you are seeing 50% return numbers for some of these guys. discovery, up 52% for the year. unreal. very good numbers. these funds tend to be more volatile than other strategies, but that is a great return. point state, 48%. seeing these funds benefit off of the back of the trump trade and our people telling us they expect that to continue as we continue? scarlet: how does that compare to multi-strategy? in the table you and your colleagues have put together some have done well, but others have been

scarlet: right.to the support of union workers, the leader of united steelworkers we know is firmly opposed to this nippon steel bid, but it is not universal because there are some members of the union that are supportive of it. so biden likes to call himself the most pro union president in history, but it is not like there is universal support among the rank-and-file for opposing the deal. >> not at all. nippon steel and u.s. steel have made arguments, so far not persuasive, to the people, the regulators and the politicians need to say yes, that this would forge an alliance, industrial alliance that competes with china. but i should say there have been union members and some business leaders and officials in pennsylvania and elsewhere who say yes, we should go forward. but so far they are in the minority. president biden seems to be against it, kamala harris is against it and donald trump is against it. scarlet: one thing the three can all agree on. john hardy is a bloomberg news editor joining us f

finality again and again because the important thing to them is they want to stamp trump with the scarlet letter of a formal criminal conviction. in that sense you have finality in the proceedings in the trial court. and as we've all said, the importance of that is now we can get on to, as johnd before, there are 12 reversible errors, at least, in this case. i happen to think the jury not being asked to actually render a verdict on the most important question in the case unanimously is the most egregious one. you can take your pick beginning with the fact that the judge is an activist democrat who contributed to joe biden's 2020 campaign against trump, against state ethics rules. >> dana: we have just heard that trump has finished speaking and that merchan, the judge is starting the sentencing right now. >> john: wrapping up trump said it is a great embarrass nullity to the state of new york and then pointed out this idea that michael call anglo left his position or deputy or assistant attorney general at the department of justice to take on the matter of a humble state prosecutor for thi

i over from my home mother, scarlet birch. water, grace snowdon and rainy days of your body fight for you. my bonus show there coverage on daughter and school years all. our lives are hearts here sound their great way is this. stand. why wherever i love from my home the mother is calling. wells wells down stand by where am my love for my home the scarlet. ladies and gentlemen, the honorable united states from the second district of utah. thank you. i am to be up here speaking to martha to the capital. i didn't do anything. get her here. i got her at the end of this process. but she did a lot to get me here. and i have a debt of to pay. and first, i have to thank the rest of the utah house delegation. i am the junior of the delegation, and in order for me to be up here, all three of them had to pass on this opportunity to let the only woman in, our delegation, welcome our woman to the capital. and i really appreciate that. thanks, guys. i promise they're no less excited about this than i am. i, i've been in congress for one yea

the home side took control of the game with loan nicholas scoring one of scarlet�*s three tries.ough. elsewhere, cardiff lost at home to sharks. in premiership women's rugby, harlequins missed the chance to leapfrog gloucester—hartpury at the top of the table after they were beaten at home by saracens. the win lifts sarries third though. loughborough lightning stuffed leicester tigers 61—12 in a one sided east midlands derby at welford road. elsewhere bristol's playoff push was dented — losing 39—38 to trailfinders. now, the tension of any professional sport can be high as athletes try to execute theirjobs to perfection — but a new bmx competition in manchester will see riders encouraged to try tricks they've never attempted before, with the promise they won't lose points if they fall. it's been launched by former pro sebastian keep — he's been speaking to our reporterjames dunn. known on the scene for his creativity and bravery... you're a lunatic. ..from riding world war ii relics to building a giant man made super ramp, bas keep has been re—inventing bmxing for more than 20 ye

i'm scarlet fu. >> and i'm katie greifeld. know what deepseek was before this morning? >> i'm learning and we're all getting a crash course on it. its new models have investors testing

they have to take it up he says let me put the scarlet letter on trump.iven any other penalty and then he is stuck in new york. what about the supreme court? those justices who refuse to take the case bought into merchan ploy lee cited in the order sentence of unconditional discharge after a brief virtual hearing what's the big deal? that does not interfere with the office of the president. no it gives sanction to in the stealing of a federal case that did not even exist by a state court. that's what they did unless they eventually fix it, that is going to stand. that is the bottom line. that's was going on here. well, time will tell i let's say you're deep in a show or a game or the game. on a train, at home, at work. okay, maybe not at work. point is at xfinity. we're constantly engineering new ways to get the entertainment you love to you faster and easier than ever. that's what i do. is that love island? touch can mean so many things. even for people with moderate-to-severe eczema. touch can make two feel like one. or simply be a helping hand. dupixen

a legitimate high ranking company is going to hire these people because they will still have the scarletl follow them wherever they are as long as you have google you can just search their name and see what happened to them. tail: see what happened to them. talk us through _ see what happened to them. talk us through this _ see what happened to them. talk us through this new phrase. broligarch. attack brokers, many we saw at the inauguration behind donald trump. and yesterday in the white house the oracle ceo, ceo of sam altman, 0penai and other softbank ceos, all they are pledging huge amount of money in the us. this is a era, isn't it? it in the us. this is a era, isn't it? , ., ., ., ., it? it is. you have to wonder what would _ it? it is. you have to wonder what would they _ it? it is. you have to wonder what would they have - it? it is. you have to wonder what would they have made | it? it is. you have to wonder. what would they have made the same investments if kamala harris was elected? were they and waiting to announce this to give a win to the next president? that is an unknowab

scarlet: welcome to bloomberg etf iq. katie: we have an exciting show.et's get to the biggest stories right now. where than $15 trillion global etf industry. president trump announces the big ai deal helping to push stocks higher. scarlet: in just a moment we speak to cathie wood on her big themes with trump back in office. katie: and we discuss elon musk and his influence on the new administration. all of th

they have to take it up he says let me put the scarlet letter on trump.iven any other penalty and then he is stuck in new york. what about the supreme court? those justices who refuse to take the case bought into merchan ploy lee cited in the order sentence of unconditional discharge after a brief virtual hearing what's the big deal? that does not interfere with the office of the president. no it gives sanction to in the stealing of a federal case that did not even exist by a state court. that's what they did unless they eventually fix it, that is going to stand. that is the bottom line. that's was going on here. well, time will tell i customize and save with liberty mutual. customize and sa— (balloon doug pops & deflates) and then i wake up. is limu with you in all your dreams? oh, yeah. only pay for what you need. ♪ liberty, liberty, liberty, liberty. ♪ (vo) memory and thinking issues keep piling up? it may seem like normal aging but could be due to a buildup of amyloid plaques in the brain. the sooner you talk to your doctor, the more options you may h

they have to take it up he says let me put the scarlet letter on trump.iven any other penalty and then he is stuck in new york. what about the supreme court? those justices who refuse to take the case bought into merchan ploy lee cited in the order sentence of unconditional discharge after a brief virtual hearing what's the big deal? that does not interfere with the office of the president. no it gives sanction to in the stealing of a federal case that did not even exist by a state court. that's what they did unless they eventually fix it, that is going to stand. that is the bottom line. that's was going on here. well, time will tell it i will be right back. it's a lot to be a caregiver and a daughter. because you kind of have to take a step back. getting some help would be a great relief. from companions to helpers to caregivers. find all the senior care you need at care.com ♪ vicks vapostick provides soothing non-medicated vicks vapors. easy to apply for the whole family. vicks vapostick. and try new vaposhower max for steamy vicks vapors. ♪ ♪ welcome b

and the scarlet itself has in marriage is a come for the surface of inscription. and it kind of show do looking at the entire process, made me understand that the forensic process happens in court is actually to rhetorical process, mature tauriel nash, or you need to show an object to an audience you need to make claim to that object . and the relation of meaning that come on. so maybe one specific question, but want to open a bigger history if. if i were to turn the question to you, what would you say? i think one instantly jumped into mine is a painting in the k, but less go in a very inaccessible part of the cave, apparently have to go down this long shaft. when you go down this long shaft in this pit is a very, very unusual painting. that seems to be like a humanoid. kind of figure that appears to have some kind of ecstatic drug induced totally as a nation or what have you seen it goes nearby here. so what's interesting to me is, what is that very strange space between the image that it appears to be making a claim is certainly making a mark and send it off in

i am scarlet fu. equities hovering near all-time highs today.&p 500 stands after four days of gains holding around the record high. a bit of a stalling out of the moment. we have seen this return into gains in the session earlier this week. the pressure semiconductor stocks are under. the philadelphia semiconductor index down by

so nutrition and wounds and everything else with kind of be inscribed and the scarlet itself has emerge as a come for the surface of inscription. and it kind of showed, with looking at the entire process, it made me understand that the forensic process as happens in court is actually to rhetorical process, mature tauriel nations. you need to show an object to an audience you need to make claim to that object. and the relation of meaning that come, went on. so maybe one specific question, but don't open a bigger history if. if i were to turn the question to you, what would you say? i think would instantly jumps into mine is a painting in the k, but less go in a very in accessible part of the cave. apparently it didn't go down this long shaft . when you go down this long shaft in this pit is a very, very unusual painting. that seems to be like a humanoid kind of figure that appears to have the head of a bird. and there's like somebody that looks like a right na service and some things that might look nice to be strange. exactly. and this is a painting that has been detached from history,

the, [000:00:00;00] the, the building one, hey, kind of secured scarlet side, had to tell you what do you have to get in was taken in where i met the british company and the people to work for them. but then also discovered that in the same building for the ministry, the u. s. military is a terrifying day that they were on more minute us military intelligence. and um, building one was where the general operated from. so we were filed the list of things going on and it kind of threw a few thoughts into my head to my floor. we actually do most in wells is one of the very few down to expose how the worlds as it shoots towards what's happening in the middle east. what shape and the strength to us political and military control. the guys i worked with me and my small team, the intelligence officers, and we went kind of a mountain nation and weren't together. and then it would go from us after they've been selling the off what we've done. it would go to whoever was the chairman on site a time and go to him and then he began directing a change. and then once you get, you know, as you're prob

telling me is that a quick call mama can answer those videos the, the building one hey kind of secured scarlet side hasn't k, would you have to get in? i was taken in where i met the british company and the people that work for them. but then also discovered that in the same building for the ministry, the u. s. military is a terrifying day that they were more minute u. s. military intelligence. and um, building one was where the general per exit from. so we were filed the list of things going on and it kind of threw a few thoughts into my head to buy floor we actually do most and well is one of the very few who can to expose how the world's attitudes towards what's happening in the middle east were shaped under strength, us political and military control. the guys i worked with me and my small team, the intelligence officers, and we all kind of a mountain nation and work together. and then it would go from us after they've been signed off. what we've done, it would go to whoever was the general on site at time and go to him and then it would go directly to change. and then once you get, you kn

and the scarlet itself has emerge as a kind of as a surface of inscription. and it kind of showed, with looking at the entire process, it made me understand that the forensic process that happens in the quote is actually to rhetorical process. mature. tauriel, nash, you need to show an object to an audience. you need to make claim to that object. and the relation of meaning that come well done. so maybe one specific question, but don't open a bigger history if. if i were to turn the question to you, what would you say? i think would instantly jumps into mine is a painting in the k, but less go in a very in accessible part of the cave, apparently have to go down this long shaft. when you go down this long shaft in this pit is a very, very unusual painting. that seems to be like a humanoid. kind of figure that appears to have the head of a bird in there is like somebody that looks like a right now service and some things that might leave. i used to be strange. exactly . and this is a painting that has been detached from history, knew the any meanings that were

papers, comingto the waist with fortress and name of newspapers pasted across here or there, the bo of scarlet and velvet, inc. sealing wax stuck inthe hair, a much better effect than what appeared, and has been a favorite dress at fancy dress balls in paris, the same idea was carried out, white satin dress with lv, having the words indiscretion, the name of various pas wspapers. sometimes, they were trimmed, the skirts were trimmed with used postage stamps. and they called me down "postage ." here is example from rper's bazaar of the fay dress gowns that would have been worn in waterloo, iowa, thank you very much. here is the deription from the waterloo co may 23rd, 1883a little folks enjoyed a pleasant party at the commercial house last evening, lou henry, the es dressed in masquerade costumes, cetera, ansuite was attired in a costume of the courier that look very attractive, that costume of lou henry -- two battling newspapers were represented by the two young ladies at this event. we have already talked about her interest in athleticism. this is a wonderful photograph of her in an ice skat

know the stuff was taking a deep side interest because of the, the building one hey, kind of secured scarlet side had to carry, do you have to get in? i was taken in where i met the british company and the people that work for them. but then also discovered that in the same building for the ministry to us ministry, the later find that they were more minutes, us ministry intelligence. and um, building one was where the general per exit from. so we were high up the list of things going on and it kind of threw a few thoughts into my head of my floor. we actually do most and well, it is one of the very few who can to expose how the world's answer tubes towards what's happening in the middle east were shaped under straight us political and military control. the guys i worked with me and my small team, the intelligence officers, and we all kind of a mountain nation and weren't together. and then it would go from us, after everything signed off, what we've done, it would go to whoever was in general on site at the time, and your team, and then began directing a change. and then when she gets, you k

there was a touch down for dow scarlet, but they relied heavily on stuff. one bar please rushed for a 119 yards. well, next space, the winner between the la rams and the minnesota vikings, a couple of the buffalo bills quarterback josh alan, let us team to with 317 victory over the denver broncos allen. 3 for to touch downs . various connecting with curtis samuel for 55 yards for him. that was all set up a divisional play off with the baltimore ravens and the cleveland cavaliers might be the runaway leaders in the n b eastern conference, but they saw the 12 game winning streak added. the defeat, the indiana pacers, pacers winning a $1893.00 for their 6th victory in a row. it's just a 2nd to feed at home all season for the cab. and you're leaving golf hers have been getting there. i and the it in the head of this year is ryder cap. great britain and ireland team completed a 178, went over continental europe and the team cap that took place. and i would abby in september reigning champion syrup had to new york to take on the left and the right . okay. and tha

man, the eldest son touches his father's go, 3 times, a symbolic gesture, the scarlet suppose to break open, releasing the soul each time for the farewells, the i think of the family what must be going through their minds during the fire for them a searching day period of morning now begins the i was invalid on a c for 3 weeks. it was the most intense shoot of my life. it was a period in which i felt sad, thoughtful, and at the same time, happy as the sound is often called in, but not when i arrived, i thought to myself, how could anyone want to die here in this crowded, noisy place with the smell of burned bodies in the air everywhere when get time. now i've at least just some extent developed an understanding of it to 2 minutes. i've learned why people have a more positive approach to death and pulled this shoot. has also changed me personally, that i've noticed that my fear of dealing with death has fallen away more and more in depth in a way is part of life, a gland. i find that oh, really beautiful and reassuring sergeant switching i'm deeply shown on the off the wing. then the do

there the bodice with bertha to match the bows of scarlet velvet quill nsink bottle and seing wax stuck in the hair. it has a much better effect than ulappear and been a favorite dress. and fay ess balls in paris the same idea was carried out a white satin dress having bands velvet bearing the words discretion, indiscretion and the names various paris newspapers. memes they were trimmed, trimmed the skirt with used postage stamps and they called the gown postage. so here is an example from harper's bazaar of some of the fancy dress dress gowns that would have been worn in waterloo, iowa. thank you very much. are here is the description from th waterloo f. may 2d, 1883. the little folks enjoyed a very pleasant pth commercia house last wednesday evening, mrs. sweet and lou henry b theostesses. they were all dressed in handsome masquerade costumes, etc.,. d sweet was handsomely attired in a costume made of the and lry attractive. lou henry's costume was composed. the tribune so the two, the two battling newspapers were represented by the two young ladies at this. we've already talked her i

the bows of scarlet velvet, quill pins, ink bottleand ceiling wax stuck the hair.has a much better effect than would appear, d has been a favorite dress at ncy dress balls. in paris, the same idea s carried out in a white satin dress, having bands of velvet bearing the words indiscretion in various paris newspapers. sometimes they trimmed the skirt with used postage stamps and they called the gown postage. here is an example from "harbazaar" from some of the fancy dress gowns that woul. warloo, iowa. thank you very much. here is the description by "the waterloo carrier" of may 23rd, 1883. thlittle folks enjoyed very pleasant party last dnday evening. mrs. sweet and lou hein the hostesses. re all dressed in handsome masquerade costumes, et cetera, et cetera. ms. sweet was attired in a costume made of the courier, and looked very attractive. ms. lou henry's costume was composed of "the tribune." so the two battling newspapers were represented by the two young ladies at this event. we've already taed about her interest in athleticism, and this a wonderful photograph o

indiana holding on to beat the scarlet knights 84 to 74. nice exciting times. >> mines quick. you know what time it is, what it is. comedy tour. check it out in the city near you. kennedy. >> well, look at this. little dave desaulnier is trying to run a marathon every day in 2025 to beat the world record. she is raising money for breast cancer. the record is 151. she's trying to 365 marathons in one year. god bless her. >> wow, joey. >> awesome. okay, i think i don't know if we have time for mine. it was a black bear that made it through gatlinburg, tennessee, which is a place i used to go and frequent. the thing to do is kind of casually get away from it. they're usually skittish, but it happens there in the middle of bear country. they're in their home, really. >> they just walk around. >> oh yeah, paddington bear. hey, listen, that's it for us. y'all have a ♪ the star-spangled banner] ♪ [the star-spangled banner] ♪ [inaudible conversations] ♪ [inaudib the star-spangled b] ♪ [the star-spangled banner] ♪ [the star-spangled banner] ♪ [the star-spangled banner] ♪ [the star-span

and i'm scarlet.starts right now. >> coming up, that trillion-dollar wipeout. black swan author warns that yesterday's selloff, just a taste of what's to come. scarlet: and even still, that market faces a big earnings test this week with investors hoping and praying that results from the magnificent

she and her brothers and sisters caught scarlet fever and, even though general jackson left his medical team to help, she died. there was some women who would not give up their domestic sphere responsibilities, but they did not follow their as a soldier. they followed their husband as his wife once said. is fanny gordon. now? i don't if the name john brown gordon rings a bell for. any of you in this room. he became robert e lee, second in command. he was the one who was leading the troops. the last the army of the northern virginia. the last battle before lee surrendered to grant. and they were there at appomattox court house. mrs. gordon being there to help her husband. now, granted, we're not saying she out there on the battlefield with him when he was fighting, when the fighting was about to start, sent her to the rear to get her out of harm's way. but there were time and time again where he would be wounded and she went to care him. in fact, after one battle, it took him over seven months to recover. and she's the one who stayed by his caring for him. in fact, one of his wounds had

going for them and it's the local pardons after pardoning and twice convicted son going for scarlet onas given the option to pardon everybody and going for them and i'm not going to pardon anybody and can't do anything wrong and he went around giving anybody pardons and that was a funny thing. maybe the sad thing. he didn't give himself a pardon. look at it and all had to do with him. trey: president trump again, his second term and also issuing a pardon for offenders ranging from january 6 prisoners to cops convicted in a deadly hit and run and he also have architect kerrcarriurbahn. deputy aj and senior doj officials and who do you think is advising the president on pardons and why pardon the leader of the proud boys but not jeff thoratin berry and quickly about that and white house can communicate. it's more on paper than anything and he wills so i think doj typically gets involved with more profound pardons and on the more controversial ones and not sure that the president often involves doj and being surprised if president biden involved doj and pardoning his family and going ther

scarlet: that it -- caroline: that is why so much value has been accrued on a private market basis to bytedance in tiktok. ultimately by not making these things "addictive" do you lose value and is at the right compromise? frank: there are other factors. in the case of the supreme court hearing in the legislation being discussed there are national security risks. caroline: yes. frank: there are also issues around safety to children. their issues of the viability of our democratic system. the algorithms may be powerful. that does not mean they are good or constructive. we have a technology that has evolved into one that is attention based, which means these platforms scrape our data, they aggregate it pub and to do that they are surveilling us. then they profile us. this is the problem going on with tiktok. it is not only their surveillance and information on 170 million people, it is that bytedance can provide what they want to feed to the 170 million people. it is an influence device. i think we are all learning together that the current architecture which takes advantage of people i

-what's scarlet? -her letter, right. -um, state capitals for $400. -jay. -what is lansing?in' around, $400. -jay. -what is maple? -right. -fiddlin' around, $800. the messiah, made in 1716, is one of these violins. it's worth an estimated $20 million

. ♪ ♪ scarlet: welcome back to bloomberg tech -- caroline: welcome back to bloomberg technology. in new york. mike: and i am mike sheppard. we are joined by democrat from the state of illinois. thank you for your time. you are one of the co-authors of the legislation now in the justice hands at the supreme court. we are hearing from the arguments on friday that it will likely break in favor of the law. assuming it is upheld, what are your expectations for its enforcement under the trump administration which would be responsible for it? >> i think the trump administration will enforce the law. i talked to the national security advisor who is a friend and colleague of mine from the house. they are as concerned as we are about the chinese communist party being able to control tiktok. we want to see tiktok thrive and flourish but that means we want bytedance to sell tiktok. caroline: you've heard the evidence. we have also heard from bytedance that it is very difficult to separate and selloff and they are saying we are going dark on sunday if this is upheld. you will not be able to a

scarlet, joe scarborough on morning joe was explaining how he had no idea, no idea that joe biden wase that he was in. watch. >> was he's lower physically? yes. did he occasionally jumble a few words or a few names? yes. but he corrected those as well. so after two, two and a half, three hours with him in the white house going all over the white house, i did not see that. >> foreign leaders and foreign governments told me very different things to what you have just said. >> trace: a lot of people said different things. are you buying what he's selling there? >> absolutely not and i don't know who possibly would be. people saw through what a lot of media was telling them about joe biden's health a long time ago. we heard it from voters all around, from democrats even, they did not believe that joe biden was in a good state of mind. i think to hear this now he just figures believe. >> trace: you spoke to bill maher, a lot of things he is, he gets a lot of attention. he was talking about the democratic party and he told you this... >> that the democrats are all for the oppressed and what