silicon valley and oakland as well. millions of square feet of empty office space. >> investigative reporter gutierrez dug into vacancy reports. >> the vacancy rates are a common trend in all three major regions in the bay area. a close look at the numbers reveals a demand that offers promise. this according to a quarterfinal report. let's look at what is happening in the south bay. closing the second quarter in the year the overall vacancy rate of 18%, up from 15.2 during the first three months of the year. the areas with the most vacancies in red san jose's central business district and santa clara with over 26% of office space empty. cupertino the best with 2.6% vacancy rate. apple is locate there. the good news, demand for office space is on the rise in silicon valley. it almost doubled from quarter to quarter from 2.5 to 5.5 million square feet. but the level is still below the average. let's look now at the oakland region with its diverse set of tenants. oakland closed the second quarter with an overall vacancy ra

we and we see these cycles and silicon valley is as a whole story of cycles and loops and spiral. and they usually talk about, but i don't think it makes sense to talk about bubbles unless we talk about the bubble machine under the bubbles because it keeps happening and. so at that point, it's not a bubble. it's it's something else. there's some other mechanism. and these tensions between the two, between the false promises of silicon valley and what's actually going on goes all the way back to the sort of conflict that we're talking about in frank norris norris. the problem with seeing these guys as like the inventors instead of the the amalgamation of social is that you end up thinking that the world is a product of like rich guys, personalities. and so like, you know, we live in the world that we live in because steve jobs is the guy that steve jobs is. and that's not true. that's just false, right? steve jobs is. steve jobs is the guy that steve jobs is. wow. that's a tongue twister was r.i.p. steve jobs. because the social situation called him into being in the same way that

. >>> months after the collapse of silicon valley bank, the parent company suing and saying they are owed $2 billion. >>> the dispute over handwritten notes found under aretha franklin's sofa cushions. >>> a live look right now at the san francisco office vacancy rate, which was at an all-time high. while many businesses head for greener pastures, there is a nonprofit in the bay area that is committed to staying right here. >> yeah, it's pretty amazing. they pulled together to cash to buy their building. what counter pulse is doing to keep artists in the city. >> reporter: mattie loyce is always looking to do more to help those in her citi field scene. she started the community to make arts more accessible so everyone can speak their mind. she already has got more than 150 stories written into this project. much of this is on display in the neighborhood at counter pulse. mattie is the first curator and resident. the progress made with the quote was part of the celebration earlier this year as counter pulse acquired its current home thanks to a unique funding model. >> with buying the

>> i think there is a lot to unpack with silicon valley bank. if you, and the thing, is remember, it was a capital issue. they were trying to raise capital. that's what was going on. the market was very focused on portfolio losses worse for highlighted by the fact that they try to raise capital. there was a capital issue there. you're right,. if you would fill the capital hold by, retaining earnings, or getting some new, equity if you just use that to buy treasuries than, yeah i wouldn't make things better. appreciate that. so one final question that i have is really about the operation of the fed here. you know, we've talked about this privately, a touch about this a lot of this committee, and of the chairman shares this concern. we have a lot of mid tier banks in the state of ohio, and i think that mid tier, the three t are banking ecosystem is really important. huntington bacon columbus ohio is the single largest lender. if you look at the commercial and small business, flooding a lot of it is being done by mature banks. they are facing a lot

the parent company of silicon valley bank is suing the fdic. they want to recover the nearly $2 billion the regulators seized while the took over silicon valley bank in march. they said inability to access the funds was affecting his reorganization because that money should be generating more than $100 million in annual interest. yesterday, the san francisco federal reserve bank president mary daly gave her first remark since the collapse of silicon valley bank saying it failed because regulators were far too slow to take action. >>> in a moderated discussion hosted by the brookings institution in washington, d.c., mary daly said quote there is a slowness between when things are spotted and when enforcement actions or other things are taken. we can raise this and by week, i mean the system, not me. i don't play an active role in supervision but raise issues and have deliberations. >>> per month some politicians have tried to blame someone or a group for the fall of silicon valley bank. she had not described her view on whether the san francisco

don't happen if you ask why did silicon valley bank fail it ultimately failed because depositorsost confidence and decided within the course of a day to withdrawal its funds. that's a failure recipe to the bank we can trace it first back to management and there are a lot of things we can learn about how to supervise more effectively as we look forward into the risks and manage those properly. >> i wonder if one of those things is that there has been a lot of focus and supervision on the bigger banks that was the last problem. that was the financial crisis. in your district you have wells fargo where they've been a bit of a problem child lately. were there more resources a allocated to manage that bank than a bank like svb >> you referenced it and it's true, institutions are working hard to fight the last war that's why i'm focused on, let's make sure we are looking around the corner to what the next emerging risk might be president the vice chair of supervision who does oversee this and makes decision, he's referenced that building up supervisory capacity, ensuring we have the ri

they have met at silicon valley in prior meetings, i silicon valley in prior meetings, they have met, they have met all round the world, the two leaders. artificial intelligence seems to be a very key area of partnership between the two countries. talk of having a special summit later in the year to discuss this and partnership between the two nations on that. agaii this and partnership between the two nations on that.— nations on that. al has emerged ra - idl in nations on that. al has emerged rapidly in the — nations on that. al has emerged rapidly in the last _ nations on that. al has emerged rapidly in the last few _ nations on that. al has emerged rapidly in the last few months i nations on that. al has emerged rapidly in the last few months is j nations on that. al has emerged i rapidly in the last few months is a huge talking points, certainly in westminster i speak to mps who are very excited or exercise... i don't think many understand it... it has emerged as a massive issue, something it's going to challenge notjust something it's going to challenge not just the something i

bank was. >> it will not be a silicon valley bank.incentivized to structure dead in a certain way and sometimes it would give terms for a piece of the company or an option. j.p. morgan and blackrock and some of the big firms and banks don't want to do it in the family. >> the non-bank lenders have gotten there too. they don't have the same incentive that silicon valley bank had. the other thing i am hearing if the relationships are not the same. you can call a banker and say that is where you kept your cash. essentially your checking account you can call for a loan. that was a big thing. now, those guys are working different banks and the relationship has changed. they are sort of getting out of the rubble and it is not fixed yet. i heard death spiral. he heard earthquake. >> you do this and you are struggling to earn cash and also, that is a problem as well. a lot of the big lenders one cash generating businesses. the terms have changed a little too. it is still accessible to for profitable businesses. still have access, but the term

of the bankers on your board what was the ceo of silicon valley bank. that leads of course to speculation that somehow the supervisor went easy because the president was on the board of directors. so when people tell you and i know i'm not the first person. practice not to but let me tell you why. when you lookel at it you wonde. we to why that is not having the board of directors are completely separate from one another. we started the conversation about banks we talked about how supervision is done in the united states. it is dumb to the board of governors paid my team in san francisco it worked for the board of governors of the supervisory role. those issues are never ever discussed at the board of directors. the rep managing other aspects of the bank and learning about the economy and getting the boats on the discount rate for monetary policy but we talk about supervisory issues at the board meeting. we will focus on the economy at large. also the aspects of running the bank more generally. that is critical and so it allows us to have by statute ban

in london, the day that silicon valley bank went down, i said that the problem, the cause was failure, is a lack of leadership and a lack of enforcement of existing regulations. and i think the examiner said, oh, the reason was the leadership issue and the lack of enforcement of existing regulations. so, you know, i can see what's going on. we do business with that bank. i pulled everything out of that bank in 2017, after meeting with their top people several times. and i said, these are the most they have the absolutely clueless. so the federal reserve is the big problem and this is what i got it at the top except that those in the, in the, sorry to enjoy but running out of time. those in those are leads. when the read your book, know as a warning, maybe as a manual have just finally about commodity price manipulation. surely those and what's to stop them from increase. i'm not talking about traffic. where would you deny any kind of judges, according to the o. j. a doing much more generally about commodities, which is so crucial to everyone's daily bread and milk can and pasta how. h

and they're manifesting themselves today with silicon valley bank and credit suisse. because there are, there are still a lot of rock out there, but what's happened is we've actually gone the wrong in the wrong direction for businesses we've, we've gone work and we've placed a high value on identity politics. and using your gender identity as a means to obtain employment. now rather than america, meritocracy based system where what you achieve in what you can produce is a good thing. and that's why i would say that the economy is identity versus class . because clearly, more of the graphs and statistics you have the wealth transfer from the poor to the rich as a good, but i just want you to if, if some people haven't read your book, just very briefly explained. and remind us who ponzi was and what is up on the scheme and why all those major banks has analysts. we can watch on all nature, nature and mainstream for go mainstream media, giving us advice and telling us about that ceilings and whatnot. how they're all part of that system. right? well, that's part, you know

. >>> up next, the new tool for the silicon valley to help battle climate change. the technology that can track your carbon footprint and you can see it in action. >>> plplus, high heaeat brought trouble to the tarmac. aviation experts break down what went wrong with a delta flight in las vegas. >>> and those hot temperatures we have been seeing especially from texas to arizona look to stay through the next six to ten day forecasts. also an increase here in hot >>> several passengers in a flight attendant became sick onboard a delta air lines flight monday in las vegas in the scorching heat. temps were around 111 degrees and the planes air-conditioning system wasn't working well. at least five passengers passed out forcing flight attendants to administer oxygen. paramedics were eventually called and rushed the sick peoplele off the plplane. >>>> the failure was on delta's part. i firmly believe that. i think they should have been more proactive worrying about the passengers instead of telling them, if you get off, it willll take you u days to g get you are e going.

probably the most spectacular one silicon valley bank was in the san francisco district.ow does this bank supervision worker? what is the responsibility of the board r of governors in washington and what is the responsibility of the supervisors who were on your payroll in san francisco? >> happy to take that question. and unpack these supervisory efforts of the fed. as the vice chair and the chair of the fed jerome powell have said supervision is a systemwide activity. but different parts of the system have different roles and responsibility.. let me walk though the roles and responsibilities are because they are very well defined and definitive. often given to us by congress. so, at the very top top we will talk with the reagan tory policy that regulatory framework as we call it. that is responsibility of the vice chair of supervision in this case michael bar and before that there are different vice chairs of supervision and those individuals hold the decision rights and the responsibility to set the regulatory framework we haveav a complex regulatory sysm in the united

we actually have frameworks designed for silicon valley bank. i view capital as something that quite frankly this discussion should not be invaluable. should be focused on the interest rate risk and liquidity risks. add having appropriately capitalized institutions is right. highly capitalized institutions is the right approach. banking institutions that support the economy. the most recent stress test indicates that the banks are highly capitalized. >> d you have anything to add? >> -- do you have anything to add? >> i think they are self-serving and i think the analysis shows they are more complex than that. with decisions by management flow the pace by regulators. we have the action for requirements that are in statute that once again proved to be pretty ineffective now. this is in the way they are implemented. i don't really see the argument on capital here. >> it a reaction to what was proposed on stress testing? do you see room to improve the stress tests or are they doing when they should do? >> they will always evolve and be refined. the

more than 200 cats are up for adoption at the humane society of silicon valley. you can add one to your family for 20 bucks. cats come from a boom of kittens born in the spring. if you want to adopt one you don't need to pay extra for vaccinations or other things that typically cost a lot more than $20. >> like a cat that get from a friend or off the street, those prices can soar when spay and neuter and microchips and vaccines come. it can get super expensive. i've spent over $500 doing that. >> the main adoption center is located in milpitas open seven days a week. you can visit the west san jose adoption center open thursday through sunday. >> you should adopt another cat. awesome. >>> up next lotto fever. hundreds of millions of dollars on the line tonight and you still have time to buy a ticket. is it possssible to prprotecty businessss from cybeber threa? itit is, with h comcast bubus. helping evevery connecected dedevice stay y protected.. yours.s. your e employees'.'. even.. susan?n? hehers, too. sasafe. securere. anand powered d by the next geneneration

of the bankers on your board, one of them was the ceo of silicon valley bank. that leads to speculation somehow the advisors went easier -- the supervisors went easier on svb because the president was on the board of directors. when people tell you that, no, i'm not the first person to say that, what you tell them? ms. daly: it is not true. let me tell you why. when you look at it, you wonder. let me tell you why that isn't happening. let me tell you what the ring fences are in place to prevent that from happening. the very first thing to note is supervision in the board of directors are completely separate from one another. when we started the conversation about banks we talked about how , supervision is done in the u.s. it is done to the board of governors. my teams in san francisco work for the board of governors on the supervisory role. those issues are never, ever discussed at the board of directors meetings. the board of directors meetings are about managing the other aspects of the bank and about learning about the economy and getting the votes on the di

a big debate in the silicon valley. we talk about the technology of a.i.g times. >>> what do we got here? >> we have, you know, some pretty comfortable weather across the bay area that. fog at the coastline and some warm temperatures inland, but not too hot. a live look right now out here at the ballpark and, yes, bay bridge series coming up here on nbc bay area in about 15 minutes. and we've got full coverage for you. if you happen to have tickets you will be running out the door in a bit. typical san francisco weather. 65 right now. we are going to be dropping to 50s through the game at 8:00 and 9:00. make sure to have that jacket with you will. now, the thing that saved us today from some super hot weather, of course, the fog at the coastline, which we still have right now. but look these numbers with that 57 in san francisco. we are only at 83 in livermore as we drop down 14 degrees colder in santa rosa, down eight in livermore, down seven in concord. we will stay with the similar weather pattern as we roll through tomorrow with slightly cooler air at

i think it's quite topical now that we're again in an environment with signature and silicon valley bank where there is stress in segments of our financial market and again there are calls for bailouts and delivery of bailouts and. what i wanted to do with the book because again in march 2020, we went through a very similar situation where there was stress in the financial markets because of the fears from covid. so i wanted to give readers an inside sense of what it means to be a financial regulator sitting in that seat where pretty much 99 out of 100 calls you get are we need you to rescue this now. and i kind of have a sense what it's like to feel that pressure and also for me to made different decisions. so part of the conversation, the book is how certain for bailouts were resisted in how we took a very data driven approach. so i want this to walk away with there are alternatives to bailouts you can directly households and families which is what we did in terms of housing rental distress from covid. so again, i wanted to give perhaps an alternative narrative that you don't always ha

silicon valley bank operated in her district.daily said quote, there's a slowness between when things are spotted and when enforcement actions or other things are taken. we can raise this and by we, i mean the system, not me because again, i don't play an active role in supervision but raise issues and have deliberations and see. for months some politicians have tried to find someone or a group to blame. daily had not described her view on whether the san francisco feds specifically played a role in the bank collapse. amanda? >>> time for a look at this morning's other top stories. another luxury store has been hit in san francisco's union square. this time, it was the gucci shop on stockton street last night. police say the suspects got away in a car that was connected to a different robbery. after a pursuit, officers lost the car on the peninsula. >>> a homicide suspect who fled a northern california hospital over the weekend is back in custody thanks in part to a person and their dog. after being on the trump for less than an

this is a bank that bought silicon valley bank in an fdic auction for $500 million and reported a $9.8 billion gain in their first quarter. i'll be very focused on that company. other smaller regional banks will be reporting as well. all be, again, watching unrealized losses on securities portfolio and credit. commercial realize is particularly office buildings is an area of concern. i was encouraged though a couple of the companies i own webster, and capital one were able to unload loans back by office buildings without incurring much of a los. that was encouraging but certainly office exposure will be something worth watching, particularly for small regional banks focused for example in san francisco. liz: yeah, fcnc had a great year to date and it's recovered up about 78% and capital one came out with numbers and that stock is doing pretty well today and up half a percent if that's what you want to look at 24% year to date. >> capital one is a great company and run by richard fair bank one of the cofounders in 1994 when it came public and it's been profitable every year. tangible bo

in london, the day that silicon valley bank went down, i said that the problem, the cause of this failure is a lack of leadership and a lack of enforcement of existing regulations. and i think the examiner said, oh, the reason was the leadership issue and the lack of enforcement of existing regulations. so, you know, i can see what's going on. we do business with that bank. i pulled everything out of that bank in 2017, after meeting with their top people several times. and i, i said these are the most they have the absolutely clueless. so the federal reserve is the big problem and this is what i got it at the top except that those and then it's hard to enjoy. but running out of time. uh those in those leads will have read your book. not as a warning, maybe as a manual. i just finally about commodity price manipulation. surely and then what's to stop them from increase. i'm not talking about traffic. where would you deny any kind of judges, according to the o. j. a doing much more generally about commodities, which is so crucial to everyone's daily bread and milk can and pasta how. how do

jobs spent his childhood in a san francisco suburb that later became known as silicon valley. he first encountered japanese art. bill fernandez was jobs' best friend as a teenager. he was also apple's very first employee. the pair met when they were 14. they spent their days tinkering with electronics. jobs was also mesmerized by the artworks hanging in the fernandez home. they were a style known as shin-hanga. they had been collected by bill's family. his mother had studied japanese art at stanford university. >> the three shin-hanga hanging over the white couch in our family room, the one when you came into the house, the first thing you saw, he loved those. he was droawn to them. they appealed to him. >> shin-hanga is a 20th century take on an older form of woodblock printing, ukiyo-e. artists sought to modernize the appeal of their craft, which was already popular overseas. bill says shin-hanga was a starting point for jobs' appreciation of japanese beauty. >> our house was a catalyst for steve jobs' development of his aesthetic sense. a big part of that was the shin-hanga

ed: you know this sector and you know silicon valley.n musk and his lawyer have threatened to sue meta, claiming trade secrets and through the employment of twitter employees, can you enforce that situation? >> i cannot speak to elon musk and the meta particular situation. what i can tell you is in my experience, we are clear and silicon valley that's a state of california does not allow noncompete's to be enforced for the most part, it depends on the specific situation. i have seen lots of ceos and lots of nasty letters in the course of my career. i know that sitting in this seat, you move on and you bring your talent in and you are not as concerned about noncompete as you might be in other states. ed: always on the heartbeat of the tech center, thank you so much. the show continues and coming up, china imposing more than a billion dollars in fines on tech giants and we will get the details next. this is bloomberg. ♪ ed: time for talking tech. samsung reported a $46 billion in sales is worse in revenue since 2000 and its operating profi

you got to speak with the ceo of silicon valley leadership group about our overall economy. so how is it looking? what do they think? >> it's not all that good if you're thinking of rent. we saw the layoffs slow the last two to three months. people are starting to head back to the office a lilith. little bit. that's a static thing. people are still working far away from the bay area. as we see, and these are the jobless rates, still very low especially here in the bay area and silicon valley. a slightly lagging indicator. those numbers are higher than a few months ago. the ceo tells me he's starting to see hiring again not only on the large company level but on the small company level, startups getting venture capital funding which means they have money they have to spend on hiring. look for people coming here that will need amounts to rent over the next three to six months. it will be interesting how long that drop we had lasts. >> it seems we're on this roller coaster ride and you're giving us this may by play. >>> good news, you're still getting your deliveries next month

something has to give here >> even in silicone valley we are behind. >> that is true. all right, we will keep our eye on that one, thank you for the update. >>> a train, covered in graffiti and damaged to a home on what seemed to be a pellet gun >> there were three bullet holes going through the front door and one through the living room. >> okay. neighbors near san francisco's deloris park is dealing with an unsanctioned skating event that went out of control. ended with police in riot gear citing 80 juveniles, critics accuse the police of overreacting to this. but, today, the police chief defended his officers. our kenny choy heard from a participant who admits things got out of hand. >> sara, they were saying the response was needed to stop a dangerous event. san francisco skateboarders in this area have been saying that, look, it is outside influencers coming in. residents in this area have been complaining for years about safety issues and that the concern is real. >> we are not seeing skateboards. we are seeing you know, chaos causers. >> taking cell phone the ni

for the march meeting after the failure of silicon valley bank, they put a recession in the forecast, which is very unusual. economists have a hard time predicting recessions. so when the staff said base case assumption is we are going into a recession later this year, that was a big deal. they maintained the forecast in may and june. the staff no longer has a recession for the economy. they have a sharp or notable slowdown at the end of the year, but they are no longer projecting a recession and there has been a lot of optimism among investors you could have a so-called soft landing where you bring down the inflation rate without significant increase in unemployment or a severe downturn. we have had one good month of inflation news, headline inflation has come down a lot. the fed looks at a different measure called core inflation that excludes food and energy prices, that did not go up quite so much. the hope is may be the soft landing is more plausible and risk of recession is going down a bit. host: wall street may be optimistic, but he said he would not use that word. he says i se

i think of two big events in the first half of the year the first obviously was silicon valley bank and silver gate. what happened as a relative humidity that 95% of people didn't see coming was the fed, treasury basically guaranteed all deposits going forward, in my opinion and they injected half a trillion dollars into the market the second thing that happened was the debt ceiling crisis that happened what happened as a result of that we have an unlimited debt ceiling. those i did not have on my bingo card s&p earnings have gone down in 2023 since we started the year and in 2024, they've gone down since we started the year. so i'm hard-pressed to, quote, chase the market here. that being said, i'm sure we'll talk about it later, there are names you can own and still be bearish on the overall market. >> right and that's sort of the stance you take, cameron. you finding some pockets want t vs. but overall a little cautious. >> what we learned this year is valuations don't matter when everybody is underweight or short and bearish already. which means people get drawn into the market kind

tens of thousands of swifty's are flooding silicon valley right now. taking a look at levi's stadium, swifty is making their way inside for day two. the gates opened half an hour ago. >> and the tour is one of the most anticipated of the summer, it makes the kids want to sing. >> i don't know about you, but i'm feeling 22. >> she connects with you from so many different emotions, she has affected my life so more , and i love her. it's crazy that i went to the tour with my mom. >> i just fell in love with her, i listen to folklore like daily. >> lots of fans are enjoying getting into the tour by joining along with singing with taylor swift, of course all of this, to get demands for tonight's show is skyhigh. the cheapest seat is over $1000, the most expensive is over $10,000, we saw some swifty's trading friendship bracelets, and one fan had a pouch full of them, some swifty's tell us how much taylor means to them. >> tonight's concert starts at 6:30, taylor will be taking the stage at about 8:00 p.m. tonight, at the same time, more than 23,000 fans boa

reporter: in the heart of silicon valley leaders are calling on the best and brightest minds. the goal is to help utilize a new technology they hope can save lives of people walking in san jose. >> my office has partnered with highly involved sony in the san jose department of initiative to launch this. >> there hoping to use community ideas on how to use ai software and cameras to capture quantitative data regarding the presence of pedestrians through the city. the board of directors chairman believes the technology can be used to better understand how people move around to protect them on the streets. >> artificial intelligence can build predictive models. by using these models you can see what happens before things happen. reporter: an invaluable tool when talking traffic and pedestrian deaths when two more lives were lost this weekend and hit-and-run crashes. >> we have had 16 pedestrian fidelity's this year. -- industry infidelities this year. have a goal of vision zero. zero foot holidays on the roads. reporter: the department of transportation is open to any and all ide

. >>> still ahead a large silicon valley tech firm sued for $20 million by a former employee. the claims that led to the lawsuit. >>> a marine is in custody for questioning after a missing teenage girl was found at a southern california military base. it all started last month in spring valley a small town near san diego. the girl's grandmother reported the 14-year-old with learning disabilities was missing four days after she ran away from home. about two weeks later investigators found her in the barracks at camp pendleton. it is not immediately clear how the girl got on to the base but navy investigators say they took a marine who they did not name into custody for questioning. last week the girl's aunt posted a video on tiktok accusing the marine of buying her niece for sex. san diego county sheriff's department and the human trafficking task force are assisting the navy in this investigation. >>> a prominent executive of the silicon valley tech firm is accusing the company he worked for of anti-asian bias. that executive andre wong claims lumentin has a bias that not only

how texas is taking over the chip sector in silicon valley on drugs.ine, lsd and mushrooms are taking over corporate culture when text check returns. the first time you made a sale online with godaddy was also the first time you heard of a town named dinosaur, colorado. we just got an order from dinosaur, colorado. start an easy to build, powerful website for free with a partner that always puts you first. start for free at godaddy.com this is american infrastructure, a prime target for cyberattacks. but the same ai-powered security that protects all of google also defends these services for everyone who lives here. ♪ ♪ (upbeat music) ♪ ( ♪♪ ) constant contact's advanced automation lets you send the right message at the right time, every time. ( ♪♪ ) constant contact. helping the small stand tall. - i got the cabin for three days. it's gonna be sweet! constant contact. what? i'm 12 hours short. - have a fun weekend. - ♪ unnecessary action hero! unnecessary. ♪ - was that necessary? - no. neither is a blown weekend. with paycom, employees do their own pa

positive message appeared from the president of ukraine volodymyr zelenskyi wants to create a silicon valleyea, a good idea because before that they said that they would grow cannabis for medical purposes in crimea, now silicon valley well, i think that somehow will decide what will happen in crimea, but here it is important to understand that the most important thing is of course that crimea when crimea becomes ukrainian and at what cost because this is not a character about whom they wanted to shoot a series now. by the way, it is not known whether someone will shoot a series or not. we are talking about the village of ingulets, a city-type village of ingulets, because now a scandal has arisen with the ministry of culture and it is not known whether they will shoot everything that they planned to shoot or not. when he once said as an expert on all issues on the air, well, somewhere there is still a single marathon, somewhere else he was and he says that if the russians had not blown up the kakhovsky hydroelectric power station, we would have reached there by summer or when it was summer th

joann fraser past president of the silicon valley association of realtors says sales are down because fewer home owners are opting to sell. in part because they don't want to give up their current low interest rate to upgrade to a bigger house. >> we have an inventory problem. obviously when you don't have much inventory you definitely have fewer sales. >> reporter: the low inventory is also prompting many homes to be snatched up fast. in santa clara county the median amount of time it took to sell a home in june was just eight days. while higher interest rates may be scaring off first time home buyers so are the prices which in most cases have not dropped. in june the median home price in santa clara county was 1.825 million, up 0.3% from the previous year. >> in silicon valley if you are talking about santa clara county, what we're seeing is we are still having multiple offers, prices in the county selling for about 103% of the list price, so if something is priced at a million dollars and selling for 3% over the listed price. >> reporter: who has the edge in this market? >> i would

uh, in silicon valley. well, nevertheless, they are smart, like people, but they really are.se, but, but this is a loss orientation. the loss of reality is the same as the late soviet union, when the dogma is written like this somewhere, they went there, that's how we do it, but the reality we don't see it. can it turn out that this will have an extremely negative impact on domestic politics? you said that the country is already split there and so on, but i still want to understand, so if there are already some healthy forces in america with whom you can talk or not, but maybe i’m not unlucky that i don’t meet with them very often, but again they refer to in my meetings with political scientists and academic professors, i talk about our approach, and the russian approach to lgbt people tells me, mr. ambassador, we need to be more tolerant. you don't have to pay that much attention. uh, if people want to live like that, then give them the opportunity. i say and yes for god's sake i say, do what you want in your own country, but why do you impose your moral values ​​on us? why,

silicon valley. good evening. >> we we we don't ever want to see any harm come to them.the biggest threat? i would imagine, you know, a hot car. >> yeah, absolutely. narrowly i broke your pets in a hot car. >> and b? >> real careful on hot days. my own dog i don't take or out between about 10:00am and about 6 or 07:00pm because i know it's too warm out there for her. make sure they have plenty of drinking water. lots of fans if they have to be outside, you could put you can put fans outside. but prevention is really key. >> so we're hearing that the number of cases of pets being brought in because of heat related problems goes up. talk about that. what when does that happen? that what temperatures do you see that happen? and what are the conditions of the animals that come in? >> the temperatures might surprise you. so earlier this spring, my own dog collapsed was just 80 degrees and sunny outside. she has a real dark quote in she couldn't handle she just lay down in a puddle and never got so the temperatures, especially if the dogs under par in bright sunlight, no win,

of the program of ukrainian leaders at stanford university, yuliya bezvershenko, now lives in silicon valley, she became a co-founder of the science project in danger, we understand that science a that goes through war is a science in which a person suffers, a researcher suffers , scientific connections fall apart collectives and where scientific research is halted or interrupted, in addition to the fact that scientific facilities themselves, such as kharkiv karazin national university, are admitting to the destruction, scientists are constantly losing resources and opportunities for research. doctor of biological sciences pavlo goldin studied marine mammals in crimea when in 2014 russia annexed the peninsula and he was forced to leave and continue his work in kyiv and odesa, and with the full-scale invasion , it became very difficult to work again. if you work with nature, one day you know that you can no longer work where you used to work because, for example, the russians seized the sea and you can no longer go to sea. and if you go out to sea, it is only with the permission of the russia

billion or more in this would add a safeguard under pressure this spring after the failure of silicon valley. enough long-term debt, it might reduce the risk by an insured deposit and giving the dic options were merged with healthy institution. this would reduce the cost and all of these factors could introduce the risk to other banks. the comprehensive set of proposals i've described today would strengthen our financial system and prepare for unanticipated risk such as those that manifested themselves in the banking system earlier this year. the holistic review and capital standards did not begin in march of 2023 but there were warning signs resilient and need more of the foundation of that resilience which is capital. some representatives claim it had nothing to do with the bank failures. i disagree. it was an unsuccessful attempt to raise capital to cause depositorshe to closely at how e bank was capitalized. some representatives came they were really related to poor management and shortcomings in the federal reserve supervision. those findings were in a reportt and steps to address the i

[laughter] and so in silicon valley, the mantra is release early and often. i think threads is solid -- the fact that it grew to hundreds of millions of accounts to literally within days and they were able to scale that, it is something that in some ways twitter should be a little jealous of because they had in twitter spaces, they couldn't handle certain meetings that recently politically related. it proved that meta has incredible infrastructure. getting the engagement, obviously that is going to be a lot harder, getting people to really every day go to this app and engage with it. that is the cycle they are now. but they have instagram to leverage to get that engagement. that is what they are focused on, how do we get this instagram community to extend their daily behavior over to threads so they can vote -- grow both of them together. matt: how much more engagement can they hope for? they have 3 billion people, one third of the planet, using one of their apps at least once a day. it just seems unbelievable that you could grow any further from there. mark: