in simon wells and simon kennedy. if you look at the nil-bound, is there a chance that mark carney would have to go into negative territory? it is very unlikely in the current circumstances that we go negative. the question is, today, will they go more than negative 25 points. but lessons from the ecb tell us that you stay at the minimum bound and then six months later you find out it didn't do what it wanted to do and you go lower. can make a more than 25 basis points today? a will that put them in position where they have no ammunition? simon wells: i think they could go lower. it is possible. i think it is a very strong, central case but they were going they will go lower. tom: with your coverage over the keeps, you know the phrase " your powder dry." can't act in front of the data. don't they have to keep their option lt available? simon kennedy: they kept their powder dry last month. the central bank will never say they are out of ammunition. but they will try to be innovative where they can. is not favorable of

we will talk with simon wells, our chief u.k. economist. we will also be joined by simon kennedy.es our brexit coverage. this is a picture for the stocks. traders are waiting for this rate cut. we will see if there's any knee-jerk reaction. when you look at pound volatility, it spiked quite a lot in the last couple weeks. it is almost at the level we saw the day after brexit. it is all about boe. tomorrow, u.s. jobs data. we will watch for clues on what janet yellen will do. this is bloomberg. ♪ francine: think of england cap tone. two hours away from the bank of england rate decision. cut interest rates for the first time in seven years? volatility spikes ahead of the decision. and theest since brexit pound is weaker. and oils come back after dipping into a bear market earlier this week. surveillancemberg ."

well. just quickly, simon, one other chart to show you. shadow rates, working out what generally is happening to the yield curve, this analysis come from the bank of new zealand, talking about the relative success or failure of releasingd ecb, yield. this chart makes a point of the japanese have not been as successful as the eurozone and driving down the cost of yield. is that something they could work on, tweaking the way they do negative interest rates to make them work better for them? simon: well, they could do it in terms of broadening the aspect class, expending the purchasing term.but that chart , the white line has been moved since the end of 2012, while the rest of the world, with the exception of the u.s., all on a journey. and also, even though the fed has been sitting tight, treasury going down, dollar starting to roll over. the economic environment internationally it is moving against the pound. anna: we will see what we hear about negative interest rates, helicopter money at the wyoming symposium. simon, thank you for spendin

dari: thank you, simone. well, turning the spotlight on the charities behind the candidates. steve: the donations that are dogging donald trump and hillary clinton. >> the therapy there' changing god is giving me a day to leave. let's feed him to the sharks! squuuuack, let's feed him to the sharks! yay! and take all of his gold! and take all of his gold! ya! and hide it from the crew! ya...? squuuuack, they're all morons anyway! i never said that. they all smell bad too. if you're a parrot, you repeat things. it's what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. dari: the weapon to cure cancer could be inside our bodies. steve: sharon crowley shows us how immuno therapy is a game changer in "the big idea." >> talking about curability. for the first time in oncology, we can talk about curing cancers that were several years considered incurable. >> cancer specialists discovered a new way to system. immunotherapy may be the weapon needed to conquer one of medicine's fiercest foes. >> i was emotionally shaken. >> re

>> simon: well, i find it responsibility authority, i could say it was inconsistent with his duties under the rules. >> kroft: simon says the only lawyer who truly fulfilled the ideals of the legal profession was jeffrey herrmann, who listened to the pitch, decided it probably involved illegal activity, and ended the meeting. >> herrmann: this ain't for me. my standards are higher. i'm not interested. >> kayser: do you... do you know anybody who would be able to do so? >> kayser: yeah, yeah. >> herrmann: because those persons would be insulted. >> kroft: charmian gooch says the point of global witness' hidden camera investigation was not to target or entrap lawyers for bad behavior. the problem, she says, are lax laws and toothless regulations that make it ridiculously easy for criminals to launder $300 billion a year in the united states. >> gooch: this is real public interest information. how are you going to get that out to them if you can't show them what's happening behind >> kroft: you couldn't have done this any other way? >> gooch: i think unless the public and policy makers can r

as for simone biles, well, she has three more events left here three more potential gold medals to add to the two that she already has. >> pelley: ben tracy at the games for us. ben, thanks very much. but no gold for u.s. women in soccer. in the quarter finals today, it was 1-1 at the final whistle, so it came down to penalties and sweden won 4-3. it was an agonizing loss for the four-time olympic champions. kids from different places travel the same road.st allergies distracting you? is when your symptoms start... doctors recommend taking ...non-drowsy claritin every day of your allergy season. claritin provides powerful, non-drowsy 24 hour relief... for fewer interruptions from the amazing things you do every day. which you are you? be the you who doesn't cover your moderate to severe plaque psoriasis. be the you who shows up in that dress. who hugs a friend. who is done with treatments that don't give you clearer skin. be the you who controls your psoriasis with stelara? just 4 doses a year after 2 starter doses. stelara? may lower your ability to fight infections and may increase y

o gold for the women's gymnastics team as well. simone won each category. shsalled the human spring. you can see why. >> i can't do that. d beating russia. team us leading with 26. nine golds. today is day five and all eyes on swimming in the men's 200 mete >> wow. that isexcited. by now, you have seen a few o linians with the roundires on the bodies, that is called cupp it is a chinese medical story yesterday. i did.the suction cups and iave bruises to pve it. it is supposed to pull the blood to speed u t healing, the session, i wen shorewood, and it is$20. that is all it takes. >> where are you? >> anchors were hurt in the making of this. neck. >> wow. >> i don't know about doinghat agai you he gone up in the book. well,nk you. later today the wisconsin state fair continues. >> yes, we are taking a live lo oside at the grnd gates are opening at 8:00. today's is meijerda at the fair and save $4 when you spend ro dolrs the deal is good 6:00 toni t. >> jeremy nelsons giving us a look at the cream puffs. you are dressed a ready to go. safety first. >> ye,e ar

priorities usa action is responsible for the content of this advertising. >>> well, simone biles is now officially the most decorated olympic gymnast in american history. took gold and silver in women's floor. jared smalle is live there, but first, love is in the air, tell us about that. >> reporter: couldn't have said it better. american ripple jumper clay, he went in the stands and proposed to his girlfriend. so yes, people are feeling the love and certainly americans love simone biles even more tonight. she's tiny in stature, but a jien giant in her -- giant in her sport considered the best ever, aiming for a fourth gold medal in these rio olympics in the floor exercise, she delivers a near perfect score to win gold. teammate raisman not too far behind, winning silver. biles is the first to win four gold medal in a single olympics. >> that's what we were hoping for, i hi everyone back home is very proud. >> reporter: it would not be olympics without a boxing controversy, the judging under american fighter russell lost his quarter final fight to a boxer from uzbekistan but most of tho

i did ask amy she is keeping her cards close to the vest saying simone is enjoying a well deserved break. when the time comes she will make the decision, so we will see. >> that means she knows, she knows the answer, you keep working on her. >> reporter: she's not saying it. >> john rogers, thank you. >>> a little bit of rain is falling here in lakewood ranch. temperatures reasonable today because of the cloud cover. southeast winds at 4 miles an hour. beautiful view there in citrus county. and, the downpour here at veteran's ford along express way. a little foggy because the camera is trying to focus with the rain. good downpour we saw there about an hour ago. ennis brook is back. our camera has been down. this camera took a lightning hit. some good downpours in palm skies. bucs are playing wednesday night. bucs and the redskins, 80 degrees. tropical downpours are possible during this period of time. if you are headed out, bring the rain slicker. there could be decent wind gusts at times with the squalls passing on through. these are the showers moving from south to north across the are

we spoke to bob simon as well as tbg growth fund founder who cofounded stx alongside bob and has beening the company. >> if you're going to build an entertainment company today it is not going to look like the entertainment companies right now. their business models are 100 years old. a lot of things they have done have basically been to bolt on different revenue streams. instead, if we are going to build a company today it will be very different. china will be an integral part of the dna. we instead were going to try to have it as sort of a bridge where it was literally part of the dna. emily: private equity normally states in the company for a finite amount of time and then leaves. will that be different? >> it is different in the way this all began because we sat together after being at a board meeting together, we sat together, and bob has been a friend of mine. we have known each other since college. we sat together and realized a lot of overhead been talking that which is the global landscape is so different. we could build a different kind of business together. our first check

. >>> well, as medal ceremony for the women's floor exercise earlier today. simone biles capped her impressive olympic debut with her fourth gold medal of the games while aly raisman collected the silver. her sixth over all. joining them was amy tinkler of great britain who took the bronze. and that smile from simone americans who only a few months ago might not have known who simone biles was are more than familiar with that beaming smile. and she has had ample reason to show it to us time after time here. five medals, four of them gold. and already, by acclamation, the greatest female gymnast in history. aly raisman with six career golds one behind the american record of s gymnastics held by shannon miller. here they are on the podium awaiting their national anthem. ?? ?? ?? ?? ?? ?? ?? ?? [ cheers and applause ] >>> coming up in a bit, it's late night on copacabana with ryan seacrest. april ross, right after their defeat a few moments ago. just up the beach in the morning, it's the "today" show with matt and hoda. good night. since it's past 1:00 a.m. here in rio

(wally) well, simone will have ?extra inspiration to kill it tonight. her celebrity crush is watching! (jen) she admitted not cutout of "high school musical" star, zac efron, in her room... well now, he's her twitter-buddy. (jen/ take a look at this... efron tweeted this photo last night... him in front of the t-v... wearing his u-s-a shirt, and sending some love. he wrote: of course i'm watching "the final five" dominate the floor... and he included five gold medal emojis. ((jen)) first, he escaped disaster... then, he hit the big time. ((walter)) the man who is counting his blessings, and his dollars... ((walter and... call him "nacho macho"... a baseball fan... had to choose between snagging the ball... and saving the snacks. there's a silver lining here... (jen i got shot down over vietnam and spent eleven months in a pow camp. e he was captured. i like people that weren't captured. when you fly over enemy territory, the odds might be against you being able to come home. donald trump doesn't understand the weight of sending americans into harm's way.

jon: simon as well know it's hard for a political party to hold on to the white house for three consecutivems. it hasn't happened since 1988 when essentially george hw bush was elected to ronald reagan's third term. can the democrats: off this time? the reason we will pull it off is things are getting better in the country and if you look at the economies, wages are going up in the united states, annual deficit is down, 20 million more people have health insurance, there's this sense that the recovery is going on, it's fragile but things are getting better and i think that is a sign for me that we can beat the incumbent party and can win. i also think while trump represents change, 60 percent of voters in a recent poll said the kind of change he wants to bring isn't the change we want so i think trump could have won this election if he had been a better candidate but i don't think he's in the process of winning this race with the way that he's running. jon: it's not over yet, we've still got was, 97 days ago, something like that. what about it? give us your assessment christian. can trump s

wins.bout the significant why don't you begin with -- begin with simone biles. >> well, she's the greatestymnast of all-time by popular claim, by the testimonony of the gymnasts who havave come before her. there's a lot of pride i in the black commmmunity ababout that,t the a young black w woman exexcelling g on the world stag. it h has a lot of siifificance r community that still can feel marginalized and forgotten and not appreciated. amy: and she has an amazing life story, simone biles, born in columbus, ohio, is that right? with her connection, both her family being raised by her grandmother and her connection to the lease, which is also celebrating. -- belize, which is also celebrating. >> she has an amazing g story, overcome a lot of adversity.y. she has a tough relatationship withth her mom, even to this da. so that createtes more o of an underdog spirit. i think it also plays into some of the stereotypes that a lot of the media likes to see about young black athletetes growing p in these t troubled areas, drug, parents, that kind of thing. that has made her story more attractive fo

(simone biles, 4 gold medals in exciting how well we all did." (reporter): so we might be seeing you in four years? (simone biles, 4 gold medals in 2016 olympics) "yes:. but it's about much more than simply winning. groundbreaking achievement. unconditional inclusion. enlightened acceptance. the sheer joy of the refugee team in action was humbling. "she became hope for a lot of people." for a new olympic nation, kosovo's first-ever gold medal was heartwarming. (majlinda kelmindi, kosovo gold medalist) "it was such a as a country." and the this was the games where athletes found a voice. as olympic bosses dithered, a level playing field was demanded. (lauryn williams, wada athlete committee) "athletes have had their last straw. we're gonna make some real changes in the doping world." with a new cold war simmering in the pool, america's lily king became a poster child for years. of all places, america. (yulia efimova, russian swimming silver medalist) "l russia. everybody is smiling". rio still has its problems, and the olympics couldn't possibly cu

simone? >> well, yesterday we were very protected. it was like before we left. it was fine.what are people doing? what are they doing if the airport when they see you or on the plaza? >> it is crazy in brazil. there was a lot of paparazzi. >> yes. >> there was paparazzi on the beach. >> you posted your own beach picture. i saw that picture of the abs. did you believe how much pickup that got, that photo? >> it was insane. look at that. >> look at it! >> we're ripped. >> hoda and i posted a beach picture. >> so you guys, when you get back home, does it get to be like business as usual? like you're from this area. do you have to do colors? do you have to go through the normal stuff again or are you a star now? >> i mean, i'm kind of hoping i don't have to do the dishes when i get back. it's okay if i have to. >> what is the thing you're looking forward to most to just cutting loose and just kind of taking a little break? is there one thing you're like i'm going to do -- >> our dogs. >> your dogs. >> i have fish. >> by the way, we know why they call you the human emoji. do you

something for cpa they're having trouble with the housing crisis that was a solution that works for simon's as well be able to provide the public benefit of student housing cca is going to keep the housing affordable for students under one thousand dollars per bed a month and this will really help them to attract and sustain students. >> when we came a couple weeks ago you asked you to talk about but community benefits aside from reducing the demands on market-rate housing dollars a community room as simon mentioned available and used by the communities we met with many groups from the jackson park and the boosters all groups that are not to be able to use that community room it is flanked by and courtyard an exterior courtyard a really nice space we're also doing significant improvements an extended bulb out with community furniture it is the shaping and furniture is coordinated with 88 arkansas a gateway to jackson park the design and response to jackson park was jackson park to talk about how cca students can help on the design and implementation of this new gate to the park. >> we have also rea

simone biles. emotional night for her as well. the u.s. taking the top two incredible achievement we have not seen since 2008. simone biles says she's not the next michael phelps, she's the first simone biles. she is taking her own place in history. can we talk about the dual in the pool since i mentioned phelps? >> she is the first simone biles, and she has her own moves, new is probably the last time we will see two of the greatest swimmers battled in the olympics. for the last 13 years, michael phelps and ryan locht held the top spot for the 200- meter medley, but this time it goes to phelps. the first swimmer to win four in a row. his 22nd gold medal, and 26th overall medal: and 15 of the golds are individual golds, and truly one of the greatest athletes in history. >>> meanwhile, another historic swim at the aquatic stadium. simone manuel becoming the win gold. she tied tied with penny oleksiak for gold. >>> the sus still -- the u.s. is still in the lead. that's 38 medals for the united states, and china has 30, and japan is in third p

. >>> well, from rio, we'll return to the medal ceremony for the women's floor exercise earlier today. simone biles capped her impressive olympic debut with her fourth federica mogherinigo games while aly raisman collected the silver. her sixth over all. joining them was amy tinkler of great britain who took the bronze. americans who only a few months ago might not have known who simone biles was are more than familiar with that beaming smile. and she has had ample reason to show it to us time after time here. five medals, four of them gold. and already, by acclamation, the greatest female gymneast in history. aly raisman with six career golds one behind the american record of gymnastics held by shannon miller. here they are on the podium awaiting their national anthem. ? ? ? ? ? ? ? ? ? [ cheers and applause ] >>> coming up in a bit, it's late night on copacabana with with kerri walsh jennings and april ross, right after their defeat a few moments ago. just up the beach in the morning, it's the "today" show with matt and hoda. good night. since it's past 1:00 a.m. here in rio, technically pe

. >> i got a call from a social worker saying that simone and her sister and ot back in ohio. i said, well, send them to me. >> reporter: ron biles, simone's biological grandfather and his wife nelly brought the kids down to houston, eventually adopting them. not long off, simone was jumping off the walls, the furniture and just about everything else. >> she was so tiny and it scared me to death, but it did not scare her at all. >> reporter: there was no other option, at age 6, she started gymnastics. >> the kids at school could never do like could always do them on the playground, so i thought that was pretty cool. >> reporter: younger sister adria is a gymnast too, they are extremely close and typical sisters. family meals are a chorus of giggles. like most teenagers simone's bedroom is her sanctuary, lots of trophies and lots of purple, along with a life-sized poster of actor and kiss him. >> you come in and give him a little kiss? >> yeah, it's a little strange. >> reporter: that playful spirit is a big part of who simone is. watch as she outruns a bee at the 2014 world championships.

simone biles clinching her third gold medal, winning the women's vault final. chris jansing is at the olympics with more on that and the other parts of the day. hey, chris. >> hey good to see you. well be five gold medals in rio. she already has wins in the all around competition, the team competition, now vault, winning by a staggering margin after performing two of the sport's most difficult vaults. those two more chances for gold on balance beam, and floor exercise tomorrow and tuesday. also today, madison kosocian wo the silver. gabby douglas finished seventh. that 41-year-old gymnast from uzbekistan was in it to win it. she attempt the trick known as the vault of death. she escaped injury but landed on her shins and out of the medals. >>> women's basketball on the roll. the team beat china by 43 points and wrapped up the 46th straight win in a quest for a sixth consecutive gold medal. they're in the quarterfinals now. >>> golf is back at olympics for the first time since 1904. the finale was thrilling. great britain's justin rose became golf's first olympic champion of the century by beating henrik stenson. >>> in tennis, mixed doubles, americans take gold and silver. bethany m

>> well, simone and that whole team, aly raisman did so well, gabby douglas. but, when you look at simone biles, and you think the most gymnasts at the olympics are two, right. she could have five at this olympics and that's how dominant she's all around. >> speaking of dominance a lot of excitement in the pool, michael phelps there beating his rival chad le clos. talk about what we saw from him. he's 31. >> why, i don't understand le clos pokes the bear and does some trash talking. i mean -- >> it didn't work out for him. >> it didn't work out. you get the phelps face but don't doha now has 21 gold medals. when you think about how remarkably consistent he has been over five olympics, i mean, it's unfathomable. every athlete you talk to goes like this to him. 21 golds and he's still going at 31. >> wow, i know. he's incredible to watch. and so is katie ledecky. she actually won her weakest event, what was it about what she did last night, how did she pull it off? >> well, and that's the thing about katie ledecky. she's really a long distance 1,500, which they d