fund-raisers, scott was your man. once your name gets out there, you truly cannot imagine how many people knock on your door. and the door got knocked on, was melissa. >> melissa was the one who knew that she would handle it. he knew that she wouldn't let anything fall through the. cracked >> malicious specialized unemployment law. but volunteered her time for battered women and victims rights. she also worked on building a memorial garden for crime victims. >> she was also a champion for the underdog. >> melissa eventually met a lawyer from a different firmed, and married. >> debra was a bridesmaid. >> but after five years her best friends marriage had come undone, and ended in a messy divorce. >> that the voice just devastated her, after malicious divorce, she took on a second full-time job. best and ever. carrie humbert is your sister. >> missy didn't have children herself? >> no she did want to have children. she wanted her career. >> i want her best friend debra zone marriage was in trouble and hitting the rock,

scott? >> ylan mui, thank you very much the political games continue down in washington speaking of washington a couple of hours until the fed decision steve liesman joins us now with what to expect are we going to get something more substantial related to the taper today, steve >> a little bit, maybe, scott. i think you'll get the idea that we're on our way to announcing a taper. we were pretty sure that there was some announcement coming this week back in early august then what happened is the delta variant began to spread. the jobs number came in softer than expected and that's perhaps caused the fed to back off just a little bit instead of announcing in september the odds of on bet is that they announce in november and continue to taper in december there are too many things, not that the debt ceiling is necessarily top of mind for jay powell, however, as that remains unsettled and we are on a debt ceiling cliff do you really want to change fed policy and upset the market in a way where i

scott budman joins us from outside the courtroom. scott? >> reporter: jessica holmes is accused of defrauding for hundreds of millions of dollars and putting patients in matter because the blood testing machines simply didn't work. let me show you the crush of media that met holmes. holmes did not comment on her way into court, nor did she speak inside court. today, instead, was about questioning potential jurors. they were asked about how much they knew about elizabeth holmes. had they seen documentaries, did they read the book "bad blood" by john kerry. the jurors were asked about any experience they may have had with domestic abuse. holmes says she was abused by exboyfriend and former their knows executive. also complicated jury selection, so many people having vacation plans they put off because of covid. and this case is expected to last about three months. now, at 7:00 tonight we're going to go into the surprising role that vaccinations actually is playing in jury selection. for now we are live outside port in san jose. jessica, i'll

>> it is, scott. but, and that's the big part here, that the momentum isn't just all on one side it's not just all bullish. ellen zentner cut her outlook for gdp from 6.5 to 2.9. that's a dramatic drop and she's not the only one out there doing that, scott. if you've got gdp forecasts being cut fairly dramatically like that, those are the things that i worry about now, we had a very good report this morning i think it was 310,000, which is the lowest since last march of last year, 2020, as far as the filings and so forth today that's good. and we need a good jobs report hopefully the september jobs report that we'll get that first week in october will be that, scott. we basically got what you and i spoke of yesterday as far as the ecb more or less standing pat. they did say that they are ready to start cutting back on the pep, which is their pandemic relief plan, if you will go to the haven't said that they are doing it basically they're in the spate some they were they didn't really goose the market

welcome back >> scott, how are you? >> i'm good.'s take a look at nat gas first because that's what everyone seems to be talking about. 553-ish in that range. sharif suki who founded shaunih. i'm sure you know him. he told cramer he thinks it could peak at six. what do you think? >> first, i don't think that natural gas will go off the board a month from now cheaper than when october went off october went off the board around 585 so since winter has not started yet i would be hard pressed to how november will go off no matter what happens during this month. i think if the price is only going to go to $6 that's based on an early, cold winter and people freak out here like they freaked out in asia and in europe we're going to $12 and not $6. >> is that how you're betting on it now i know you're an active trader and obviously, you're playing the long side? >> again, i think that will be some good buying opportunities and the market is down 5% after exploration. typically the market comes off and i also think that you have rules coming

it could roll into the other stocks but let's be clear, scott. to date the evidence doesn't support that the evidence says that they are actually acting in a very resilient way. >> i agree i mean, they have been viewed in many respects as defensive stocks so even as, you know. >> 100%. >> the narrative has been in question over the last few weeks, the stocks held up. over the last three months i told you what apple has done 15%. microsoft 15.537 google 16%. facebook is up 12. amazon has been the laggard up 2.5% but the stocks can be degas held up you bought more apple into the event which is an interesting position to be in considering what history has told us has happened to apple stock on the other side why why going in >> hey, scott, we're a long-term investor so what we really like is the profitability we see in apple. we like the valuation. at these levels this is a fair a valuation for apple. and then the expectations, the subscriptions they subscriptions of over 700 million. and then you have the adoption of the apple pay and then apple mu

back to you, scott. >> thank you very much, rahel solomon. let's bring in anthony scaramucci managing partner at skybridge capital, the host at the salt conference, the first you've had in new york. thanks for having us. >> great you were great this morning with scott gottlieb. thank you. it was great. >> gottlieb, i told him on the stage, i said you being here is as much the good housekeeping seal of approval as anything it speaks to the risk of putting a conference like this on right now in new york. >> so over the summer there was a debate about doing it. and obviously we talked to scott. i appreciate your introduction, frankly. he laid out a protocol and procedure that he thought would make us healthy and safe and we implemented that procedure textbook of course we won't know for a few dayshow these things work. but we had strict regimen of vaccine mandates at the javits center we have to live with covid you asked scott that question today. is it with us? he said it is. we have to figure out a way back to normal lives but following a heal

overall, i'm not bearish, scott. i told you i thought we would be sideways into the 22nd of september fed announcement i'd handicap it at 75 or 80% that they're not announcing the taper then it will instead be in november and that's because of soft things like michigan sentiment, like the jobs report, and like, you know, the softening of gdp and so forth i think that buys us a couple more months. once we get to september 22nd i think we go back to work to the upside. >> jenny, on wednesday i did the show from the city at the salt conference everybody on the panel -- i think everybody was kind of negative, except for dubravko lack ohs of jp manageren who said things are going to be good he must have been listening to farmer jim he raised the s&p price target for the ended of the year to 4,700. today there is a calvacade of positivity jp morgan on the technical says so far the s&p pullback holds above a teeo key trend support we believe the index holds the support and rallies in the fourth quarter number one positive.

romaine: scott cutler, of stockx .g news on the chip shortage, the white house weighing in on invoking a defense law, the defense production act get that the white house has threatened to invoke. it has given chipmakers and suppliers and customers 45 days to update the white house on supply chain constraints. there has been a lot to frustration by the white house with regards to the ship shortage -- chip shortage. caroline: ed is not compulsory. -- it's is not compulsory -- it's not compulsory. was it $200 million worth of car sales? ♪ ♪ >> from the heart of where innovation, money and power collide, in silicon valley and beyond, this "bloomberg technology," is -- this is "bloomberg technology," with emily chang. ♪

scott: absolutely.hat if the retailer is new to the brand, they're gonna want to see and feel the product. especially some of the bestsellers in each of the categories in order to show that. ben: okay. scott: if our team doesn't have the right tools when they're in the stores, sometimes that can be an impediment to trying to get sales. lemonis: i'm frustrated with the fact that ben didn't even bring any of the new stuff that he's been working on. he could have at least brought a few samples, even if they weren't perfectly ready. now i know why his sales people have struggled. an artist is terrible at picking the frame for the art, and it's the same for ben where he doesn't actually understand the kind of packaging that needs to go around his art for the salesperson to actually deliver it. ben: i guess this would -- although terribly -- uh...uh... not a terrible introduction. lemonis: ben, i'm embarrassed. i want to just -- i want to just stop. ♪♪ for exclusive, extras, and business advice, visit... (vo)

>> i still worry, though, scott. that's what we do for a living, right? one of the biggest concerns still has to be delta. what other variants are maybe potentially out there and that's something that will hang over us for a while and because we're still fresh, just pulling out of this thing, hopefully, but it doesn't mean it's completely gone and it doesn't mean that can't still be a factor in the market i'm cautious i like what we're seeing and when we see that bounce and the hurry that we've seen. we talk about velocity all of the time, scott and this is about as much velocity as you can imagine and we were down 1,000 points and closed down 600 and all we do for the last couple of days is absolutely rocket to the upside we watched volatility come back down from almost 29, all of the way back to underneath 19. so there's a lot going on within the market itself and there are comfort levels and the most interesting thing for me, though, scott, is this the uniformity of the move to the down side. it wasn't just one single sector that was dragging everythin

scott. just point out the fact that the people who are articulating for us to stay in syria are the same group of people with same bill, so to speak, who articulated the necessity for us to remain in afghanistan. and so the debate is not an unfamiliar debate, and the people that are populated around biden, over advising them, are people who were there when obama received the same pressure, the same push back about that damaged and the understand what a policy disaster that was. so i do think that, you know, there, there will be a, a, a group of people surrounding by and who will push back against those who are pushing back on syria, meaning that i, i don't think that debates over yet. and i do think that joe biden knows what the right decision is in syria and understands that what the cost to america will be or continuing fail policy and in syria israel policy. so i, i think there will be a lot of push within the bi ministration to get out of syria sooner rather than later. maxime, one of th

scott. well, 1st of all, i think we need to reflect that there's, there's reality and then there's perception. the perception is that the telephone, telephone 2 point, oh, can we trust them? are they just an extension of one point? oh and that's just stuff that plays well on tv. the reality is, every nation has been dealing with the telephone for several years. the united states, under brock obama engaged in detail negotiations with the taliban for the release of oberg, all that had the 5 senior child on release from incarceration. and these people ever become part of the doha negotiations. we've been negotiating with the taliban on the highest levels for many, many years to manage what has occurred here to manage the withdrawal of the u. s. and the takeover of power and afghan stand by the tell about this hasn't taken anybody by surprise. it's what we have wanted. russia has been working with the taliban for years. there were the whole moscow. a negotiation take place. china has been workin

hey. >> hey, scott.stry lingo here, the merging of hedge friends with venture capital style of investing hedge funds such as tiger one and others have invested more than $150 billion into startups this year, already surpassing last year's record it has marked a huge shift in the venture capital landscape which all of a sudden is seeing a rush of capital from a different type of investor, one which is willing to do fuels faster an at higher investment and not interested in board seats. startups really like that. why are hedge funds all of a sudden attracted to this market in the first place they're chasing returns. you can see here, private market strategies generating annualized returns last year around 14%, twice the performance of hedge funds. that wasn't the case a decade ago when performance was nearly identical. past performance is not indicative of returns. number one, whether these deals have enough diligence and discipline in terms of valuation. we will be discussing that theme, those questions,

scott: someday.ughter] at dot plots are too aggressive, the people talking about a rate increase in 2022 -- it is too much. when you look at the fiscal side of the equation, we are going from having a lot of fiscal stimulus to know a fiscal drag. there are a lot of questions around what kind of legislation will get through the house and senate. i don't expect to see a 3.5 trillion dollars spending program by any stretch of the imagination. given that backdrop, the prospects for 2022, we are not talking about a recession, but we are not talking about the economy that would continue to overheat. someday, we will address the supply chain issues and prices will start to stabilize, even come down again. i think a 2022 rate hike is a little too much. i think late 2023 or 2024 is likely to be the time the fed can actually institute one. matt: what about the fiscal cliff you are talking about, do we ever again see the fiscal impulse we had during the pandemic? or is not normalized and we continue to see tril

okay, scott. but if we can, if people aren't held account for this fiasco, how can we trust the same people to look at areas that we just heard from joshua, i mean, again, i mean, no one really wants to look at the d n a of the foreign. busy policy, they just want to look at policy errors. ok, when which many of us knew in real time were being over occurring. go ahead, scott. i would add another name to the list. yes, george w bush started the conflict, but the man most responsible for continued is brock obama. brock obama campaigned on a pledge of getting out of afghanistan. and you know, he didn't have the political courage to confront the very people whom we should be holding to account the diplomat despise the people who lied about the situation. there was in afghanistan who gave us hope that we could prevail, that we could win, that there was a, an off ramp to victory in obama knew there wasn't, he knew, he knew that we weren't gonna win, but he had the courage to pull the trigger. so he, he,

laura scott. — that. no, you wouldn't, would you? laura scott, thank _ that.t, thank you _ that. no, you wouldn't, would you? laura scott, thank you very - that. no, you wouldn't, would you? laura scott, thank you very much i laura scott, thank you very much need for that for us. laura scott at heathrow. so as the rest of britain's paralympians arrive home — some are already the toast of their towns. swimmer maisie summers—newton, who won two golds in the pool, got back into her northamptonshire village at the weekend to a reception she'll cherish forever. james burridge was there. they'd been watching and cheering proudly for two weeks. now was the time from williston to welcome their gold medal star, maisie summers—newton, back home. cheering and applause. maisie, understandably, overcome with emotion. she had had no idea her village would be so supportive. everything was just amazing, just to see the support because i don't think i realised how much support i had back when i was in tokyo because obviously trying to stay off the phone a bit and focus on what

scott >> randolph scott >> christopher jay scudder >> arthur warren scullin >> michael h. segarra >> carlos segarra >> jason m. sekzer >> matthew carmen sellitto >> michael l. selves >> howard selwyn >> larry john senko >> arturo angelo sereno >> frankie serrano >> marian h. serva >> alena sesinova >> adele christine sessa >> sita nermalla sewnarine >> karen lynn seymour >> davis grier sezna, jr. >> thomas joseph sgroi >> jayesh shantilal shah >> khalid m. shahid >> mohammed shajahan >> gary shamay >> earl richard shanahan >> dan f. shanower >> neil g. shastri >> kathryn anne shatzoff >> barbara a. shaw >> jeffrey james shaw >> robert john shay, jr. >> daniel james shea >> joseph patrick shea >> kathleen shearer >> robert m. shearer >> linda june sheehan >> hagay shefi >> antionette m. sherman >> john anthony sherry >> atsushi shiratori >> thomas joseph shubert >> mark shulman >> see wong shum >> allan abraham shwartzstein >> clarin shellie siegel-schwartz >> johanna sigmund >> dianne t. signer >> gregory sikorsky >> stephen gerard siller >> david silver >> craig a. silver

scott said his compassion was part of the reason for mike's success.robert was given medication to control schizophrenia that was keeping him on the street. we'll be right back. my barbeque bacon double cheeseburger. two 100% beef patties, hickory smoked bacon and award-winning barbeque sauce. ♪ mmm...award winning. ♪ try my bbq bacon double cheeseburger combo. only at jack in the box. >>> in the best of times agriculture is a job where you work with what nature deals you. but with our changing climate it has become much more of a roller coaster. we go to a st. helena winery that has turned to creative measures to try and survive. >> the life of a winemaker sounds kind of romantic, transforming grape into prized wine. yet a reality check. >> we have fire. we have smoke. this year we have drought. you can see our pound right there. napa winemaker, he says it's a reality of wine making. >> it is a bit of a climate disaster area. >> but this year's harvest is on the vine, on its way to the barrel. >> despite the challenges of the fruit in this spot, it lo

scott: absolutely.e had a lot of communications from customers that are proud of what united has done. they said they are going to switch their business, but that is not why we did it. we did it because it was the right thing to do. i never wanted this to be a competitive advantage. every airline should do the same thing. i hope they will. it has created a sense of pride amongst employees and customers. in some ways even more so because no one else has done it yet. it feels more impactful doing the right thing even if you are on an island. guy: the administration is going to put pressure on the industry to do this. i am assuming you think others will follow. how quickly do you think the rest of the industry will follow? scott: we will see what the final rules are. it appears they are going to wait to be forced to do it by government fiat. it is possible that will change but it looks like the government is going to require all airlines by december 8 two either have employees vaccinated or tested once a w

commissioner scott? >> commissioner ransom-scott: thank you, mr. chair. kim, thank you so very much for just slowly going through so i could follow and the comprehensive presentation just wonderful. my heart kind of leaps whenever i see, you know, just that increase in commissioner bycer was the one along with us for more affordable and just i'm appreciating our team. i'm appreciating you and thank you, kim, because you go through with not just a reading, but a knowledge in it. it felt like you cared about what you're doing and that means a lot, kim. it means a lot, thank you. >> chair bustos: thank you. >> commissioner bycer: thank you, mr. chair. kim, thank you for that great presentation. definitely provided, i think, a very clear delineation between the various proposals we've seen. and i'm glad to see many more affordable units and a higher percentage of affordable. i guess a couple of questions. did century urban make any statements regarding the financial feasibility of 45%? >> yes. century urban's finding was that a development program at up to 45

>> sticking with energy, scott i will give you xop.a names i talk about each and every day. >> yeah, looking at crude oil, it was above 75.50 earlier today. it is another interesting move there too because now it has gone negative on the day we are watching a whole bunch of things today so is "the exchange. it begins now. ♪ ♪ >>> thank you very much, scott hi, everybody. i'm kelley evans here is what is ahead this hour. a dangerous man, senator warren lays into fed chair jay powell as the market debates whether his days are numbered. what will the rising number of fed vacancies mean for policy? does it explain rising rates and the steepening yield curve we'll explore. >>> let net gas goes wilder, the only thing wilder is reversing lower on the session today but the 20% surge over the past week is causing trouble

. >> reporter: barbara's son, scott. his son, scott jr., the only grandson barbara would know.? >> no. >> reporter: no recall of barbara's bear hugs and big kisses. years earlier, same big hugs and kisses to another edwards baby boy. that was me. barbara edwards was my godmother, my aunt. >> i'm the only one left. >> reporter: here she was at my 1997 high school graduation. >> thank you! >> reporter: that was the the last time i ever saw her alive. >> bye! >> reporter: it's morning in dallas, texas. >> that's the coupest picture. >> reporter: home to the... >> oh! >> reporter: ...scott edwards family. does 9/11 play an active role in your life? >> yeah, it does. >> yeah,. does. >> reporter: barbara never met her now-16-year-old granddaughter. what is your full name? >> anna barbara edwards. >.>> reporter: anna barbara edwards. >> can we hold hands? >> yes. >> reporter: remembering barbara. >> a lot of energy and a lot of volume ( laughs ) >> loud! >> loud. >> reporter: barbara and my mom married two edwards boys. they had five more edwards boys. her son, scott, and i, the young

you're now up-to-date, scott, back to you. >> appreciate it rahel solomon.dline passed with no word on whether it made an interest rate payment. it has a grace period before going into default for more we are joined by avenue capital's marc lasry and was one of evergrande's bondholders. it's good to see you. >> it's a pleasure thank you for having me. >> i thought of you with this story because i think of distress and i think of big companies like that and somebody like you probably own debt, and it turns out you did. >> we did. yeah so first, i want to apologize. i'm meeting with senator widen and i'm at cowen's offices and they put me in their studio. i know this is the cowen logo behind me and i'm happy to talk about evergrande wherever you want. >> senator widen, maybe you'll have insight into big infighting and everything else. we can talk about that later, however. >> i do want to know what your position is right now in evergrande, if any, and you can give me a little bit of history there. >> sure, look, when we look at evergrande, we've been being loo

be careful, scott. once again, s&p 500 is not every stock and not every sector there have been some stocks that are down 25%, 30%, 40% this year and those are probably buys, right? it's the main average that has been elevated because people have run to safety here's a little fact that people aren't aware of, but since the end of march which is when we made the transition call, 20-year treasury bonds have outperformed the s&p 500 that's a risk-free asset, okay so, like, what's the better risk reward over the last six months? that tells me the broader market averages are up because rates have come down and there's been a flight to quality. now, does that mean that that's a safe place to be maybe. or maybe what it's saying is that the market is very tired to go run into the safe areas and that's when the correction can happen and i think it began this week >> you use -- you keep saying mid cycle and i want to make sure i understand what you're talking about. a mid cycle of what? are we talking about the mi

welcome back, scott. we missed you. listen, it is interesting though, it is like you never left we're having the same discussion as you pointed out, the same sort of risks that we're talking about. i guess we'll have the discussion about whether a correction is due. you know i hate that, but i'm all in and let me try to simplify this a little bit you brought up the taper let's say the fed tape ners november, let's say they go ten months before they complete the taper. that means for the next year plus, you are still going to have the fed putting liquidity into the system. albeit at lower amounts, but you will still have the fed putting liquidity into the system. that cash will have to find a home you think it will go to t-bills? i don't. i think that it will go into the stock market so we're 1% on the s&p 500 from the all-time high which we just set last week. maybe we go down 3%, 4%, 5%. but as has been the case, i think that will be it before buy the dip comes in and in the meantime one other point i want to make, exc

scott leaves behind two kids, grandkids and his wife paris scott whom he married in 2014, mike.uch. we will be right back. >> i did everything in my life for this property. i don't know what to do. i just hope everybody pray for me. mike: absolutely, heartbreaking stories from the northeast and the gulf coast after hurricane ida left extensive damage across several states. joining me to discuss from baton rouge spokesperson for the american red cross, stephanie cox. tell me some of the things the red cross is doing to bring relief to folks in louisiana in the aftermath of hurricane ida? >> so after the immediate aftermath of a hurricane, of course, our top priority is ensuring folks have safe shelter, access to food and access to water. as we get into the days and weeks after the impact, we look to do more advanced recovery efforts. right now we have 3 kitchens stood up that are pushing out thousands and thousands of meals a day both lunch as well dinner. we have emergency response vehicles that are taking those meals out into the hardest-hit communities. we have distribution po

scott, we'll send it back to you. rahel solomon. it is one of the must-watch nfl games of the season. tom brady's return to new england this sunday night as the bucs take on the patriots and joining us now for a preview is nbc's al michaels who will be announcing the game. good to see you as always. you talk about broadcasting gold, al >> no question about it, but first, scott, i have to say every time i'm on the show the dow is down 4 00 points and i ca put the cabash on the market. >> i'll make sure everyone knows you're coming on. >> and lee cooperman, that was a tremendous interview. >> thank you >> this is fantastic we knew this was coming because every four years the afc eefrt meets the nfc south, so we knew this was out there, and it was pre-determined that that was going to be the matchup and we didn't know if we would get it or fox would get it on monday night and we knew it would be a regional game. i can't think of in 36 years of doing the nfl in primetime, i can't think of a more anticipated game, certainly a regular sea

but somebody had to do it. >> reporter: frances, we all felt like we knew willard scott.irthday was announced by willard scott when she turned 100 and my family will never forget that i think so many people have memories like that frances. >> many share that kate, thank you. always sunshine when it comes to willard. thanks for >>> breaking overnight, new details surrounding the ex-marine who killed four in a florida home including an infant what police are saying about him. >>> today millions of americans will lose their covid unemployment benefits, including that extra $300 a week check but some benefits remain we'll explain. >>> hundreds of thousands still without power. scorching heat bakes the south and in the north neighborhoods are still trying to dry out from ida's deadly deluge. >>> history in the making as a red bull stunt pilot delivers

jim, welcome >> hi, scott how are you? >> good. you've been negative as most people know, on china, for a very long time at times that bet has looked very bad at times, it has looked very good is this now your moment? how are you thinking about this developing story >> so our call on china as you mentioned went back to the end of '09, beginning of 2010. and really, it was based on what we're now seeing, which was the questioning the economic model of the people's republic of china. and all the knock down effects it had because it's an economic model that is still to this day relied on real estate and real estate investment to drive growth and it went from, you know, pretty much the ridiculous to the sublime over the past 12 years and you now have china having property as residential property equaling 20% of gdp every year all real estate related activities approaching 30% of gdp every year these are just off the charts kind of numbers and they've gotten worse under president xi. not better and so i think that what evergrand is tell

i have a question for scott. why doesn't the fbi release more videos of that insurrection so they can be readily identified by fellow americans. i know there was one fellow outside of tampa that was recognized by his church members and reported. i think everyone that went in that capital violated the law. i think there were a lot of sheep, a lot of followers, but the leaders of those organizations, including some ex military, ought to do serious jail time in my opinion. thank you. guest: thanks for the question. there are an awful lot of defendants from your home state of florida, i will mention that. we have seen a lot of video. there has been a lot released. the fbi has curated a lot of the images they put on their website. they have curated them with the goal of getting more tips and making it more focused so folks have an easier time seeing who is giving information. the video you have seen so far were from people's phones posted on social media or their surveillance cameras or body cameras worn by police. we

scott gottlieb. so don't go away.ou humble yourself under the mighty hand of god, in due time he will exalt you. hi, i'm joel osteen. i'm excited about being with you every week. i hope you'll tune in. you'll be inspired, you'll be encouraged. i'm looking forward to seeing you right here. you are fully loaded and completely equipped for the race that's been designed for you. >> brennan: we're back with more of our conversation with former f.d.a. commissioner dr. scott gottlieb what is the what is the lesson for the biden administration as they e roll out boosters? >> doctor: i think the logistical lesson is that they need to have in place the infrastructure to actually distribute those vaccines in hard to reach communities and setting. i think what the president biden administration has done by backing into an approximate date, they can start the planning, if the f.d.a. does authorize it and the c.d.c. judges it to be appropriate for a certain population, they'll be ready to make it available to the nursing homes righ

scott: i think that is likely.re seeing higher wage increases but a lot of it is getting enough by inflation. theoretically, if you have a lot of wage pressure you will get reallocations of labor to its highest and best use. that could lead to productivity growth in the u.s., but it is a very transformative process. we are seeing huge differences between where the jobs are and where the unemployed workers are, mismanagement of skills and so on. it is going to be a rough transition. jonathan: we have seen the labor issues appear in the u.k. in a massive way. i want to build on the power issues. some reports out of asia said some facilities have stopped production due to a power crunch. looking at the cost in demand, production, output. scott: it is not just production, it is consumption. we hear people complaining about higher natural gas prices in the u.s., but if you look at europe, they are paying substantially higher, asia the same thing. energy is a big factor in production costs. not only will these things tak

. >>> we look back at the incredible life and career of the legendary willard scott. it's labor day "early today" starts right now. >> i'm phillip mena. >> i'm frances rivera. this morning we start near new orleans where residents are still reeling a week after hurricane ida devastated the area oppressive heat is causing dangerous conditions many new orleans residents are heading to shelters outside the city our vonn hilliard has more >> reporter: frances, it's tough for people in the louisiana communities to reckon with because thousands of them are still living with it they expect for weeks ahead to remain without power as you can see, so much of this still remains under water. hurricane ida one week later has left louisiana in a debilitating state. >> me? oh, yeah, i ain't staying here nope. >> did you lose your roof? yes. everything is gone my wooden fence around the house, all of this, and i don't have no water. >> reporter: structural devastation, a lack of supplies. hundreds of thousands without power. now battling overwhelming heat hundreds taken by bus out of

scott, we talk about this. other high profile investors like the general there, larry ellison, rupert murdoch, the list goes on. could we see them in the next few days or few weeks? >> so far the prosecution actually both sides are kind of playing it low-key as far as we don't know who we're going to see on friday. they didn't tell us in advance that general mattis would be there. but we do know that some of these high profile investor, not to mention the high profile board members are likely to testify, and the prosecution is going to try to do with them what they did today with general mattis to show that elizabeth holmes was in charge. >> paula, another text revealed in court, this was the day of all the text messages. holmes texted to balwani total confidence in myself. best business person of the year. here is that text. total confidence in myself. best business person of the year. but again, is this something that is playful or what does this really reveal here? >> no, i mean, part of me thinks what you'r

thank you, gloria borger and scott jennings.both. >>> and making up with our allies to the list of foreign policy challenges that the white house is facing now. president biden preparing to talk to france's macron in the rift off a submarine deal that's intensifying. oh, this looks like we're in a screen saver. (man 2) yeah, but we need to go higher. (man 1) higher. (man 2) definitely higher. (man 1) we're like yodeling high. [yodeling] yo-de-le-he... (man 2) hey, no. uh-uh, don't do that. (man 1) we should go even higher! (man 2) yeah, let's do it. (both) woah! (man 2) i'm good. (man 1) me, too. (man 2) mm-hm. (vo) adventure has a new look. (man 1) let's go lower. (man 2) lower, that sounds good. (vo) discover more in the all-new subaru outback wilderness. love. it's what makes subaru, subaru. as someone who resembles someone else... i appreciate that liberty mutual knows everyone's unique. that's why they customize your car insurance, so you only pay for what you need. oh, yeah. that's the spot. only pay for what you need. ♪ l

brown: senator scott of south carolina is recognized. sen. scott: thank you, mr. chairman. you all have difficult challenges. life is getting more difficult and not less difficult. democrats control the white house, the senate, and the house. they have the roads to raise the debt ceiling. they also have the votes to fundamentally weaken the greatest economic engine in world history. what they do not have the votes to do is to force republicans to be complicit with their reckless spending spree killing the goose that lays the golden exit is not bad for the goose. it is bad for everyone who depends on the eggs. there is nothing compassionate about spending money we do not have on new benefits we cannot afford, all of the while discouraging work and increasing the likelihood of future default when you get be born americans receive a bill for benefits should not experience and are no longer available. it is also important to note that our labor force participation rate is down, not up, even with the new programs and the payouts i heard this morning during the hearing that someh

show's al roker looks back at a mentor and the incredible life and career of the legendary willard scott it's labor day "early today" starts right now >>> thanks for spending your holiday morning with us. i'm frances rivera >> and i'm phillip mena. we begin with that breaking news out of lakeland, florida a family's massacred by a stranger who burst into their home a man in camouflage and body armor shot all five people inside, killing four of them, including a mother and her baby. stacy desilva with our wfla affiliate has more >> reporter: the polk county sheriff says he will never unsee the vision of a deceased mother holding her deceased baby in her arms they are two of the victims of sunday morning's quadruple homicide in lakeland, florida. the suspect is 33-year-old brian riley, a retired marine and security guard from brandon, florida. sheriff grady judd says he had no connection whatsoever to the victims. he first showed up at the home in lakeland saturday night saying god told him to stop a woman from committing suicide. the sheriff says the man returned at 4:00 a.m. sunday, ente

scott randolph scott christopher jay scudder arthur warren scullin michael h. seaman margaret m.ra carlos segarra jason m. sekzer matthew carmen sellitto michael l. selves howard selwyn larry john senko arturo angelo sereno frankie serrano marian h. serva alena sesinova adele christine sessa sita nermalla sewnarine karen lynn seymour davis grier sezna, jr. thomas joseph sgroi jayesh shantilal shah khalid m. shahid mohammed shajahan gary shamay earl richard shanahan dan f. shanower neil g. shastri kathryn anne shatzoff barbara a. shaw jeffrey james shaw robert john shay, jr. daniel james shea joseph patrick shea kathleen shearer robert m. shearer linda june sheehan hagay shefi antionette m. sherman john anthony sherry atsushi shiratori thomas joseph shubert mark shulman see wong shum allan abraham shwartzstein clarin shellie siegel-schwartz johanna sigmund dianne t. signer gregory sikorsky stephen gerard siller david silver craig a. silverstein nasima h. simjee bruce edward simmons diane m. simmons donald d. simmons george w. simmons arthur simon kenneth alan simon >> and my husba

i was talking about how scott minerd often talks big risks. last year, he worried covid would be something like the spanish flu. of course, we have seen the death rise, but now he is worried about cyber risk. >> how was his risk not crypto plunging to zero? sonali: over things that people are not paying enough attention to, we know that the business of wall street is a -- risk. these are places where people are not looking. speaking of, here is what scott had to say about cyber. >> the thing that bothers me is i don't think anyone is focused on it. this really takes a high degree of international cooperation, a real macro look, meaning there needs to be somebody, or some group of people looking at how everything interconnect. and where the potential vulnerabilities are. at this stage, this is the world of the unthinkable. therefore, i have used this phrase before, there is a cognitive distance -- cognitive dissonance surrounded to talk about the consequences are so dire that immediately people move on to say that will never happen. i think the

robert left his bike and baggage behind and flew east. >> scott saved my life. never give up, you never know who you're going to meet. who's on your side in your corner. and that's pretty -- that's pretty big, you know. >> reporter: the pair are now best friends. seeing each other a few times a week. each thanking the other one for changing his life. >> garvin thomas with that incredible story. it is just shy of 7:27. still to come on "today in the bay." the latest on the caldor fire and its impact on lake tahoe as people are forced to evacuate and tourists are being told to stay away on this labor day weekend. . >>> good morning, it is saturday, september 4th, 7:29 as we welcome the labor day weekend. good morning, san francisco. just a regular morning of fog and cloud cover in the city by the bay. we appreciate your starting this holiday weekend with us. i'm kira klapper. vianey join us with our microclimate forecast. >> good morning we have a lot to talk about because we're dealing with air quality concerns and people are going to be out and about, i want to

scott gottlieb. >> thanks for having me. >> let's talk about your new book. one of the major themes of the book is the u.s. health care institutions. we are very unprepared to deal with a pandemic like this and we are seeing some of those same complaints especially with the cdc. can you talk about what are some of the root causes of those additional problems and what we could do to fix them? >> i think we need to look at public health appeared in is through national security. if we think of public health and public health preparedness through that orientation, you start to think about how you put in place different kinds of catastrophes to us -- to respond to a crisis of this magnitude. there is a perception that cdc had this and could mount a full-scale response to a crisis of this magnitude but it's not the kind of organization they are. they do exquisite scientific analysis of outbreaks. it's a very retrospective mindset as far as how they gather information. they don't provide partial information. they don't have an operational capacity to actually mount

scott budman, nbc bay area news. >> scott, thank you. scott is in the courtroom for us daily.low him on twitter and get up to the minute updates from inside the courtroom in san jose. >>> let's bring in chief meteorologist jeff ranieri. we're going to see a range of temperatures this week. >> certainly heating up. we have our drought in place. we are going to slide back into some elevated fire danger. we're going to get more details on that coming up, but i want to take a look at some brand new climate spending dollars that california has just approved. in case you didn't hear about this, this happened last week. $1.5 billion will go towards wildfire prevention. it's expected to be spent over three years with the top idea being forest thinning. it looks like there would be some grants, with a pack after of $15 billion. i wanted to talk about the forest thinning and how that could really help us here across the area and the state. there's two different types of wildfires. we have krounld fires, the most dangerous, and then ground fires with. a crown fire, this is what we have s

of scott's cheap flights. scott and i are the only one who actually read through the contracts. here's the bottom line. when an airline changes its schedule and your ticket you can reject the changes they've made. you may be able to change the time, the day and even the airport. and you might be able to get a refund. the bigger the change the airline makes the more pull you'll have to get what you want. but even if the airlines juggle you only about a half hour or so, there's no harm in asking for what you want. call them. >> call them up and say this new schedule won't work for me. first research your option. go to the website and find the flights that best fit your schedule. then ask the airline to rebook you on them. just be sure to tell the agent you have the schedule e-mail. >> it's an opportunity to be able to get a much better flight without paying anything to do so. >> one last note. if you find an agent who is unbending, don't fight. exercise your right to walk off. hang up and call again. the next ag