supposedly, st. jamesent on a missionary trip from the holy land all the way to this remote corner of northwest spain. according to legend, in the year 813, st. james' remains were discovered in the town that would soon bear his name. people began walking there to pay homage to his relics. after a 12th-century pope decreed that the pilgrimage could earn forgiveness for your sins, the popularity of the camino de santiago soared. the camino also served a political purpose. it's no coincidence that the discovery of st. james' remains happened when muslim moors controlled most of spain. the whole phenomenon of the camino helped fuel the european passion to retake spain and push the moors back into africa. but by about 1500, with the dawn of the renaissance and the reformation, interest in the camino died almost completely. then, in the 1960s, a handful of priests re-established the tradition. the route has since enjoyed a huge resurgence, with 100,000 pilgrims trekking the santiago each year. - [female voice o

supposedly, st. jamesent on a missionary trip from the holy land all the way to this remote corner of northwest spain. according to legend, in the year 813, st. james' remains were discovered in the town that would soon bear his name. people began walking there to pay homage to his relics. after a 12th-century pope decreed that the pilgrimage could earn forgiveness for your sins, the popularity of the camino de santiago soared. the camino also served a political purpose. it's no coincidence that the discovery of st. james' remains happened when muslim moors controlled most of spain. the whole phenomenon of the camino helped fuel the european passion to retake spain and push the moors back into africa. but by about 1500, with the dawn of the renaissance and the reformation, interest in the camino died almost completely. then, in the 1960s, a handful of priests re-established the tradition. the route has since enjoyed a huge resurgence, with 100,000 pilgrims trekking the santiago each year. ♪ ♪ and all my in

the home was populations neighboring st. james park is a problem. >> this one has been replaced. >> reporter: adding insult to the broken winds, this man left behind a pile of hypodermic needles. >> we're hoping that somebody is being done with those issues because t not getting better. the housing isn't getting any cheaper. >> reporter: she turned the video over to san jose police and the officer took a report. in san jose, katy ulis, abc 7 news. >>> a group of police officers accused in a racist text scandal could face discipline. the racist, sexist and home phonetic case between officers. the messages were discovered during a justice department review of the s f pd during a federal corruption probe. the court ruled that the department waited too long to punish the officers. an appeal's court today overturned that decision. >>> a passenger who decided to smoke on board a plane forced the crew to make an emergency landing in san jose. the passenger lit up in the plane's bathroom and the smoke got into the cabin. the flight was on

seeing is believing at st james's park. d'italia have not gone the way that chris froome had hoped but today, he had his first stage win in the event. froome is now up to fifth overall and says he will keep racing to the finish in the hope of becoming the first briton to win the race. nick parrot reports. chris froome wants to win the due wrote italia to complete a hat—trick of grand tours. but his chances have been going downhill since day one and he started behind simon yates. in pink, the 25—year—old has been leading for eight days and it was vital to attack one of the toughest climbs in europe. chris froome had to fight off spectators before challenging his rivals. a well timed spurt of pace left most of them behind but he still couldn't escape the fans or yates. a final lung bursting effort was enough to claim his first win in a stage on the giro. yates increased his ad vantage over the defending champion to almost a minute and a half. a britain could still win this race but not the one that everyone expected. british

there were winds at st james' park the cata la ns were winds at st james' park the catalans dragons andannounced his comeback fight will be against the albanian onjune nine. he hasn't fought since november 2015 when he beat vladimir klitschko. he was suspended in 2016 for anti—doping and medical issues. he usually fights a cruiserweight but will make the switch. mo farah has won the great manchester run for the first time but admitted it was hard work. you can see why, here he had to outsprint the ugandan to win the ten kilometre race in 28 minutes, 27 seconds. the world and olympic champion said he was recovering at breaking the record that last month's london marathon. i felt great speed and i know at the end of the race i can use everything, the guys hadn't hurt me and. it was a matter of hanging in and. it was a matter of hanging in and using my speed. but i was pretty tired. i want to say thank you for people coming out and showing great support. the next big thing is the nor the marathon. we'll have to work out which marathon will suit me and what i need to do. hopefully then in i

he was inherited by james -- who st. james er of the hotel, and he put him in as the hotel. of his he also operated livery business avenue and had several other small businesses. war, whenever mr. gee went off to fight in the battle of the san in charge james to run the home. he was also the founder of the first school for in the-american children city of selma and actually serve add short term on the selma city got off the city council because he refused to take pay. he did not believe public forants should accept money their service. n 1870, he was elected during reconstruction to the u.s. house of representatives, while he was washington, his main causes were amnesty for the confederates that fought in the and also to secure aid to help the devastated south. he was very much supported by in the city of elma because he was one of those people that rose above race and above political parties with the good k of the country. flag ave is marked with a of the confederacy, because of his efforts in trying to secure devastated south and amnesty for the confederates who fought in

and he's america's representative to the court of st. james.nted to be president of the united states. >> as war clouds gather over europe, a shadow is cast over joseph p. kennedy's dreams. >> what's clear is that joseph p. kennedy ends up on the wrong side of history. in a dramatic way. my name is jeff sheldon, and i'm the founder of ugmonk. before shipstation it was crazy. it's great when you see a hundred orders come in, a hundred orders come in, but then you realize i've got a hundred orders i have to ship out. shipstation streamlined that wh the order data, the weights of , everything is seamlessly put into shipstation, so when we print the shipping ll everything's pretty much done. it's so much easier so now, we're ready, bring on t. shipstation. the number one ch of online sellers. go to shipstation.com/tv and get two months free. parts a and b and want more coverage, guess what? you could apply for a medicare supplement insurance plan whenever you want. no enrollment window. no waiting to apply. that means now may be a great time to sho

rugby league's magic weekend has concluded at newcastle's st james' park. played there over the past two days. the first of today's matches saw catalans dragons secure victory over salford red devils. jodie broughton‘s second—half hat—trick helping them to a 26 points to 12 win over his former side. in the second game, huddersfield giants sealed a 25—22 win over wakefield trinity. late efforts from wakefield were not enough after darnell mcintosh scored giants' fourth try. and, the final game of the weekend in newcastle has just finished. hull fc edging the derby. they beat hull k.r 3a points to 22. to rugby union, and ulster have taken the seventh and final european champions cup place for next season. they beat 0spreys 35—17, with jacob stockdale's interception—try here sealing victory for the home side. all out on his own. defeat means 0spreys are consigned to playing in europe's second tier challenge cup next season. now back to rafa nadal and he will return to the top of the world rankings tomorrow. with the french open just a week away, the spaniard h

entertaining opening dat at rugby league's magic weekend, held at the home of newcastle united — st jamesn a show against widnes. ben barba's try was one of the highlights as they beat widnes 38 points to 18 but second—placed wigan kept up the pressure at the top of the table with a convincing win against warrington, sam tomkins among the scorers as they won 38—10. and in the last match of the day, castleford beat leeds by the same scoreline. british rider cal crutchlow has been taken to hospital for checks, after a worrying highside crash in qualifying for the french motogp. crutchlow, who is currently seventh in the world championship, was flung from his bike on a double right—hand bend his lcr honda went sideways exiting the corner, and crutchlow landed awkwardly on his back. medical assistance was quick to arrive, and he did give the crowd a thumbs—up before being placed in the back of an ambulance. if he's cleared to compete, he'll start tomorrow's race from 13th on the grid. that's all the sport for now. and in cuba, officials say they've retrieved the black box of the boeing 737 wh

entertaining opening day at rugby league's magic weekend, held at the home of newcastle united, st jamesthree to come today yesterday super league leaders st helens put on a show on tyneside — ben barba's try was one of the highlights as they beat widnes. in the days other games there were wins for wigan and castleford. josh warrington is the new ibf world featherweight champion after upsetting the odds to beat lee selby at leeds united's elland road warrington, fighting in front of his home crowd, dominated in the early exchanges, with selby cut after an accidental clash of heads. the fight went the full 12 rounds. an enthralling battle and we needed the judges score cards to decide it. warrington picking up the victory on a split decision. on the undercard double olympic champion nicola adams returned to action with a convincing win over soledad del valle frias. adams had taken some time away from the sport but now is aiming to challenge for a world title soon. in tennis, rafael nadal is round to the final of the italian open. he will now face marion church or the other player and this

it is a magic begin phillip bailey, seven games over two days at newcastle united, st james' seven games league leaders, st helens, but on a show against widnes and ben barber's tribe was one of the highlights. saints but the break but they run away with it in the second half, scoring three more tries, including two from brian morgan. widnes did not score another point in the game. saints taking a 38—18 in end. second—place wigan kept up the pressure on saints with a 38—10 over warrington in the final day of the game, castleford are currently 22-0 the game, castleford are currently 22—0 up against leeds in a rematch of last year. it is currently half—time. the first two weeks of the giro d'italia have not gone the way that chris froome would have hoped for but today he had his first stage win. he had to fight off enthusiastic fans on the difficult ascent of mount tsonga long. if“?! enthusiastic fans on the difficult ascent of mount tsonga long. 2 the enthusiastic fans on the difficult ascent of mount fellow| long. 2 the enthusiastic fans on the difficult ascent of mount fellow| long. and

years earlier, she found herself at an event at st. james' palace.to her surprise, she actually met the queen mother. >> i did the curtsy. she said how very nice it is to meet you, anita. i thought, queen mother is calling me by my first name. and then, it just suddenly struck me that beth my grandfathers were coal miners. and my dad was a bus driver. i thought here i am talking to the queen mother like she is my best friend. who do you think you are? >> never forget it. >> one of the best days of my life. >> it takes a pretty major life event to keep anita away from royal pomp and circumstance. in 1981 when prince charles married lady diana, anita missed it. instead she was home, expecting her first child, ruth. who was due the very same day. turns out, ruth may once again keep anita from this saturday's royal wedding to. >> she is expecting her third baby. it is due on the date of harry and megan's wedding. >> you can't go to the royal wedding. >> i can't go to the royal wedding. >> i can't. i can't. that's two royal weddings i missed because of my

this portrait of the royal family was seen by over one hundred thousand people at my exhibition in st james palace. and so not least thanks to my english commissions over the years i became the most well paid european court painter now i too sad how my throne be it only that of the portrait painters those in power sometimes describe me as peculiar at least that's what i heard. into her vision how does a very important planter for us because the portrait the empress equation e. surrounded by her ladies in waiting is one of the palaces main works visitors come from all around the world to see it. being done to live a new. venture her visit a company and palace an eight hundred fifty three he was invited because he'd been commissioned to paint the empress always any. artists were often invited to the set he says. the celebratory weeks when the entire court travel to comprehend the artists were able to be close. the emperor and empress and study them without their having to pose for long hours. to be artists only participated in the daily life of the court because they were commissioned to prod

and today's matches at st james's park saw catalan dragons secure victory over salford red devils.fc. won the derby against hull kr 3a points to 22. the former world heavyweight champion tyson fury has announced that his comeback fight will be against albania's sefer seferi onjune the 9th. fury hasn't fought since november 2015 when he beat vladimir klitschko. he was also suspended in 2016 for anti—doping and medical issues. seferi usually fights at cruiserweight but will make the switch to heavyweight to face fury in manchester. despite yesterday's spectacular crash and visit to hospital, britain's cal crutchlow managed to recover to finish eighth in motogp‘s french grand prix. it was marc marquez who won. the spaniard claimed his third victory in a row for honda to extend his lead to 36 points at the top of the championship. danilo petrucci finished second, whilst fellow italian valentino rossi was third in le mans. that's all the sport for now. the mexican charter company whose plane crashed in cuba on friday had received prior safety complaints — that's according to two former

if rafa benitez can sign another contract to 5tay benitez can sign another contract to stay at st james'sdriving force so far this season but the last few games haven't gone as well as he would have hoped, in particular. they are almost on holiday now, beaten and vicarage road 2—1 by watford? holiday now, beaten and vicarage road 2-1 by watford? they have looked like they have been on holiday for the last three games, since they secured premier league status. they have lost three in a row. rafael benitez will be disappointed and how they have played over the last few games. a5 for watford, their first win played over the last few games. a5 for watford, theirfirst win in eight. andre gray scored one of their goals. so, something forjavi gracia to take into the summer. watford on our mathematically 5afe as well. we can hear from rafa benitez now. we were not in the game. too many mistakes. and then with the penalty, it was a surprise. it could be 3—0. in the second half, we we re it could be 3—0. in the second half, we were more of a it could be 3—0. in the second half, we were more of a te

.>> an early morning house fire in san jose is under investigation on north 9th street near east st. james. there focused on the rear of the victorian home. the firefighters quickly put it out and only minor damage to the inside of the house. the dog started barking and woke everybody up. they all got out safely, no injuries. the cause of the fire is under investigation.>>> police are investigation -- and vista getting a double shooting where one man is dead and another in the hospital. police found the victims in a car in a parking lot on blossom hill road. bullet casings were found about a half-mile away. the police are looking for possible connections between those two scenes. are still looking for a suspect and a possible motive.>>> a trip to sacramento to meet with state lawmakers is the mission today of busloads of they area high school students, teachers and parents. they left from san jose this morning on the bus trip for education sponsored by county supervisor. they will be in sacramento most of the day lobbying lawmakers on education issues.>>> new video from the big island of h

fire broke out at a home on north 9th street near east st. james at about 4:45. crews say the fire was concentrated in the back of a two-story victorian home and a balcony was in danger of collapse. firefighters were able to quickly put out the fire. we spoke with the home own said one of her dogs started barking and then her son ran in to say the back deck was on fire. they were able to escape with the dogs before the firefighters showed up. the red cross has been called in to help the family with temporary housing. >>> a mother in fairfield whose ten children were taken away from her says the charges against her and her husband are unfair. 30-year-old rogers is facing charges of child neglect. officials say there could be -- they could be increased to felonies. her 28-year-old husband, jonathan allen, is being held on $5 million bail. now, he is charged with seven counts of felony torture and nine counts of felony child abuse. the children were removed from the family home after police said they, quote, were living in squaller. rogers says the family is being t

. >> it is a two alarm fire near east st. james>> reporter: we just talked to a fire captain who said it started at 4:45 am. it has been knocked down. they are in salvage mode right now. they said the great news is that it did not too bad, it was mostly in the back of this two- story victorian style home. they do not have a cause yet, but their main concern when they arrived was the visible flames. they were concerned because these victorian homes are very old. they thought that the fire could spread very quickly if it got inside and go right through the attic. they were focusing on trying to get it out as quickly as possible. they wanted to prevent it from spreading to the other houses. they are pretty close to other properties. there were three people, one single-family in this home. they all managed to get out before firefighters arrived. luckily, there were no injuries. three people are displaced tonight. the red cross was called in this morning. they will be helping with temporary housing. luckily, there were no injuries. they

church surveillance cameras shows a man walking from st. james park to the church. he picks up a concrete utility access cover and hurls it through the window. no word on why he did this. fortunately no one was inside at the time. the church office manager discovered the damage on tuesday morning and called police. >>> b.a.r.t. is taking new steps to try to make sure urgent cleaning takes place on its trains. >> at mcar sure station a dedicated cleaning team is stationed. there have been many recent complaints in needles and other issues, station hallways and trains. b.a.r.t. says the team members can quickly intercept the train, clean messes from the cars as the reports come in. a team will be stationed at lake merritt. all five lines go through either lake merritt or macarthur stations. starting monday, there will be a report bio hazard feature. >>> if you went out for sushi on tuesday night, you may have run into blames. some members of the cavs dined at pabu. there's a bit of a curry connection here. . >> it all comes together. >> bottom line is we're watching.

. >>> now to a neighborhood near japan town, a fire started at back of a house on st. james. a family of three needs a new place to stay and nobody was hurt. >>> your commute to get more green. there is a discussion to switch to all muni electric buses. right now they use hybrid buses and the transit agency wants to convert to zero emission buses by 2025. >>> coming up, former governor arnold schwarzenegger pushing a green agenda. >>> and plus a new pet policy means changes for the next time you fly. the emotional support animals that won't be let on the plane. >>> and check out our social media pages. we posted what you need to know if you switch your cable or your fo phone service. that is on our facebook page. >>> has it ever happened to you? you order a phone and internet and cable. the rep offers a bundle for a good price. but when the bill arrives, it is much higher. you call the company to explain the situation. but they've got her excuses lined up. the rep wasn't authorized to offer that price. you don't qualify for that package, et cetera, et cetera. and nbc has resp

running the team while his brother, woody, serves as president trump's ambassador to the court of st. james in the uk. he told "newsday" after the decision, quote, if somebody on the jets takes a knee, that fine will be borne by the organization, by me, not the players. i never want to put restrictions on the speech of our players. long-time new york sports radio show host mike francesa wrote, quote, once again, the nfl shows no backbone, no courage, no conviction. this once great league has become a disgrace. and former nsa and cia director general michael hayden, yes, mike hayden, who served 39 years in the military, spoke with nicolle wallace today about the president and the quarterback. >> i'm actually surprised i'm saying this, but if you make me chose those two positions, i'm surprising myself. i'm going with the quarterback. >> meanwhile, the quarterback, colin kaepernick, continues his quest to rejoin an nfl team and has filed a grievance, saying the nfl owners colluded to keep him out of the league. another break, and coming up, some powerful words from one of our on-air colleague

of 30 years old to get her break or get out of the business, mccarthy landed the role of sookie st. jamesirls." seven seasons on "gilmore girls" led to "mike and molly," the sit cbs sitcom that earned month carthy her first emmy award in 2014. her second came last year for her turn as guest host on "saturday night live." >> i'm here to swallow gum, and i'm here to take names. >> it's the 2011 move "bridesmaids" where she star the with her old friends wiig and rudolph that made mccarthy a household name. she was so good, in fact, that she earned a surprise oscar nomination. >> uh-oh. somebody found a souvenir. >> as you're talking about the movie, i apologize -- scene flashed through my mind at the bridal shop in the bathroom. >> yeah. >> that's a career maker right there. >> that's a doozy. when they're pouring oatmeal and like cranberry juice and -- then there was always somebody like, the secret is the ground ham. i'm like, thank you. oh, god. i don't need to know there's ham in it. >> since then, mccarthy has starred in one hit comedy after another and become one of hollywood's most ba

entertaining opening day at rugby league's magic weekend, held at the home of newcastle united, st jamesn barba's try was one of the highlights as they beat widnes. in the days other games there were wins for wigan and castleford. josh warrington is the new ibf world featherweight champion after upsetting the odds to beat lee selby at leeds united's elland road warrington, fighting in front of his home crowd, dominated in the early exchanges, with selby cut after an accidental clash of heads. the fight went the full 12 rounds. an enthralling battle and we needed the judges score cards to decide it. warrington picking up the victory on a split decision. on the undercard double olympic champion nicola adams returned to action with a convincing win over soledad del valle frias. adams had taken some time away from the sport but now is aiming to challenge for a world title soon. plenty of tennis but we have not had time to talk about that. the final of the rome and italian open for the women and the men. just when the football finishes, the tennis starts. everyone loves a stray animal on the

., >>> a story out of san jose, a fire that started about two hours ago, this happened near east st. james street. leah martinez is now at the scene with more on the cleanup underway and how the homeowner says her family was able to escape >> reporter: we talked to the homeowner who said that she didn't smell smoke, her dog started barking and a short time later her son ran ran in to say that the back was on fire. they rent out with her two dogs. the family of three is okay. earlier it was definitely involved, the fire crews were out here in the fire captain told us they believe it started in the back deck area and the main concern was that this fire was going to spread inside the house because it is a very old victorian house. they were afraid it was going to spread throughout the room very quickly and had up into the attic -- head into the attic. houses are close together in this neighborhood so they were afraid it was going to spread into other properties. it was a two alarm fire. they were lucky they said the fire was mostly on the back deck and slightly breached into the house but fir

st. louis james bullard. gtv go is the function.is bloomberg. ♪ >> this is bloomberg etf iq or we focus on the assets, risks, and rewards. life, liberty, and emerging markets. provider explains how -- the world's biggest portfolio manager that no one has ever heard of, gerry o'reilly of vanguard. he oversees more than $1 trillion. his only mission is to match the s&p 500. mia -- millennials

the truth about "frozen" is they're breaking records at the st. james theater.. people forget that years ago "wicked" did not win the tony for best musical. it didn't do very well at the tonys in general except for some performance and other recognition, and it didn't need it obviously. it's a juggernaut performing incredibly well. >> i am excited to see how andrew garfield does in his nomination. >> he's fantastic. >> big fan, big fan. jamie, thank you, as always, for the inside scoop. sarah barreiles and josh groban host the tony awards, right here on cbs. >>> you can hear more of "cbs this morning" on our podcast on itunes and apple's podcast app today. gayle talks with jacqueline woodson of "brown girl dreaming" they discuss winning the world's largest children's literature award and what she plans to do with the more than $600,000 prize. you're watching "cbs this morning." we thank you for that. >>> a paddle boarder off the western coast of australia was sudsly taken out by -- suddenly taken out by a dolphin. a pod caught a wavedeea hout dof ththe wigater r

st. louis james bullard at midnight u.k. time. that, you don't want to miss.is is bloomberg. ♪ ♪ welcome back, this is the european open. 15 minutes to go until the start of the open. this has been a week characterized by political risk. italy, a president under fire has been set to be ready to replace the stand in with the original choice, if the two populist parties can revive coalition talks. --the next few minutes, it's the spanish parliament will begin to debate a vote of no-confidence on their prime minister. we bring you the headlines as they happen. they tell bloomberg that the socialists are close to securing the backing needed to oust him. let's get to our reporters on the ground. annamarie, i going to kick it off with you. the saga has been breathtaking, what is the latest? >> the latest is that sell holds all theni cards. we are hearing he might swap the foreign minister -- the commerce minister to the foreign minister. we could see a populist government as soon as today. but if he says no to swapping the finance minister, we could see the presiden

accident wb 80 near harrison st ( james ) for your money this morning...es continue to rise. experts say the price hike is partially because of presidnet trump's decision to withdraw from the iran nuclear deal. the national average is up 53 cents compared to this time last year... and the prices are expected to keep rising. here in the bay area... we are well above the national average... which is just $2.87. in san francisco... the average is $3.81 for a gallon of regular. it is about 10 cents cheaper in oakland. and in san jose the average is about $3.70 per gallon. (anny) tracking your morning forecast... (ácommercialá) it's time for sleep number's 'semi-annual sale' on the only bed that adjusts on both sides to your ideal comfort, your sleep number setting. does your bed do that? it's the lowest price ever on the queen c4 mattress, only $1099 - save $500. ends soon. visit sleepnumber.com for a store near you. (áábreakáá) ( james )( darya ) welcome back to the kron 4 morning news. let's get a check of the forecast. (anny hong): typical "may gray" weathe

the owner ofted by the st. james hotel. he put him in as the manager of his hotel.-- operated several other small businesses. during the war, when he would fight in the battle, he left the benjamin sterling turner to run the hotel. he was also the founder for the first school for african-american children in selma, and served a short term on the selma city council. he got off of the council to believerefused public servants should accept money for the servants -- service. while he was there in washington, his main causes were amnesty for the confederates and secure aid for the devastated south. he was very much supported by the people here in selma because he was one of those people that rose above race and above political parties in order to work for the good of the country and community. his grave is marked with the flag of the confederacy because of his efforts in trying to secure aid for the devastated south and amnesty for the confederates who fought in the war. we are now at the grave of patty wilkins. she was born in 1875 to a selma at ay, and was educated bo

firefighters knocked down a house fire on north ninth street near st. james.. the red cross is helping the people who live there and the cause of the fire under investigation. let's see what your tuesday traffic is like. hi, alexis. >> hey, good morning. we are looking at heavy traffic here northbound 101 in san jose. i don't have anything blocking, but that is a very heavy crawl, basically the entire way through the downtown san jose stretch onto the peninsula. and we've got stop lights out here, a power issue, woodside and middle field, causing major delays in redwood city. >> if you like may gray, you're going to >>> all right, let's start off with the temperatures. hi, everybody. because of the grayness out there, we haven't moved, still o in the mid to upper 50s. as far as traffic goes, there may be a little drizzle, but a better chance tomorrow morning. cool this afternoon, mild this afternoon, and the ferry, no small craft advisory today. coolest thursday and friday. a slight chance of a shower tomorrow. reggie? >> thank you, mike. another abc7 news upd

st. louis fed president james bullard. we will be back with jerry short. this is bloomberg. ♪ shery: this is bloomberg markets. i'm shery ahn in new york. amanda: i'm amanda lang in toronto. canada's on x is finding it in america and europe. i spoke exclusively with the ceo about the firm's strategy at this stage of the cycle. >> geographically we are focused americas. and europe. we have offers that follow those categories. toronto, new york and london. amanda: how much do you adjust your investing style based on where we are in the cycle? >> we don't adjust our style or our criteria. what we try hard to do especially on these really heady times is to maintain our style and maintain our criteria and not get carried away with how great the market is or how terrible it was yesterday. amanda: what kind of discipline does that require? >> a lot. we are in a long-running bull market. the last 250 years have lasted this long. all good things come to an end. .here's a price to be paid we have sold many investment into this market. leaving the top is nearby and s

st. louis fed president james bullard about what he sees regarding inflation and the yield curve this year. j mr. bullard. bullard: what is lower today is lower than what it has been in the past, and people have been talking about this for what it while. i do not think people can lose sight of that is the main idea. >> it seems to be of all the five cautions, the most urgent one is yield curve flattening. in fact, you said it is getting closer to the crunch time on the yield curve, that it could actually invert relatively soon. what is driving it? why is this happening? up bullard: if the fed goes three times, that is 75 basis points them and you have to ask yourself -- is the 10-year going to go up that much over that time frame? if it does not, we will have an inverted yield curve later this year or early in 2019. i do think it is crunch time for this. i think those that are more sanguine on those issue feel like it will rise, and we had the yield going up the last day or two, but the question is -- how is that going to eat over the remainder of this year and into 2019? i do not think we

st. louis federal reserve bank. james spoke in tokyo today. >> we are almost at this longer -- federal funds rate right now. so this is one argument about why you may not have to do too much more in the u.s. to normalize monetary policy. juliette: spain's embattled government has nominated -- to head the country's central bank, bass -- backing a fiscal conservative for the job that includes a saying european monetary policy. go before a parliamentary committee today to make the case for the newsbank -- bank of spain governor before it can be ratified. the bank of england has denied a report that there is a rift between the central bank and the u.k. treasury after the financial times reported the institutions are at loggerheads over the future of london. the boe's deputy government for financial stability has fallen out with the treasury over concerns it will give away regulatory control after the eu rejected the you k's original proposal. new prime minister has said he will cancel a proposed multibillion-dollar high-speed

st. louis fed president james bullish says the fed is thinking the same way. >> it used to be a big oil frac was bad news but now i think it's neutral. it hurts our consumer side but it helps usn the production side and more or less washes out at this point. so i think it's not what it used to be to track oil priceor the u.s. economy. >> and rbq economics says the biggest will be of distribution. higher wealth prices is oil company shareholders and from oil consuming regions in the ions of oil producing r which there are now many more. this time a lot money stays in the united states. economists their new ideas may not continue if oil surges abo $100 a barrel. gas prices have outsized impact on the american psyche. sustained gas prices ave $3 a gallon could undermine confidence but there might be an offset to that, too. >> i think people aremu paying o attention to our energy prices. energy prices going up are somewhat bad for the consumer. they've benefitted from aax cut. >> will better growth and tax cuts offset the impact of higr oil prices? that remains to be seen. or now some economists

he went on, as head of communications, to the boys at st james's palace. head of communications, to theotho. yes, he was. he looks relaxed, he has moved on. he's not having to deal with the backroom shenanigans. a day of celebration for him. a splendid day in windsor at st george's chapel. welcome if you're joining at st george's chapel. welcome if you'rejoining us on bbc one. you will have the ceremony at midday. it could not be a better day. fortunate smiling on the bride and groom with this weather. i read going to look at some pictures? let's take a look at some pictures? let's take a look at some pictures? let's take a look at some messages and find out how you are celebrating. what have we got? this is moses with his drawing of the royal couple he did at school. nice work. that is pretty good. ido like i do like these masks. look at that. a splendid. if very happy spaniel. a unionjack bowtie. a splendid. if very happy spaniel. a union jack bowtie. there is the royal couple. look at the little fellow. time to go back to anita rani who has managed to cholera wedding guests before sh

st. louis fed president james bullard. that's at 1:30 p.m. new york time, 6:30 p.m. in london and he's always a fascinating interview. let's check in on first word news. haskell - haspel is one the caa.er to many democratic senators and two republicans oppose her. i cite her role in supervising waterboarding and other terror -- interrogation techniques that others called torture. the white house as a warning of its own for north korea. threatening to pull out of next month's summit north u.s. insists that korea surrenders nuclear weapons. a white house spokeswoman says it there is no summit, the u.s. will consent -- will continue with maximal pressure campaign on north korea. talks in italy are said to be winding up. the head of the anti-migrant against the five-star moment are in the final stretch. thatwo parties may demand the central bank right off 300 billion dollars in debt. this is bloomberg. vonnie: thank you. towersup, trump transcript, we see what a document means for the administration. this is bloomberg. ♪ ♪ vonnie: from new york, i am vonnie quinn and am

st. louis fed president, james bullard.nancial is in the business of providing credit cards to consumers buying retail so at a time there's a retail evolution or revolution happening, i asked synchrony c.e.o. margaret keen what it meant for their business. synchrony identifies with retail credit. how dependent are you on the health of retail because there's talk of retail going through a fundamental transformation in this country. meredith: it's an exciting time and yes it's an evolution or revolution however you want to categorize it but the most important part for us is since we've been through many different cycles in retail, you know, we really knew coming out of g.e. the most important thing for us was really to jump on to the technology aspect of where retail is going. so right out of the gate we invested in mobile, digital and have been doing that now for the past three years. and you know, one of the interesting things for me when i was part of g.e., i had the opportunity as part of one of their programs they do to

st. louis fed president james bullard at 1:30 p.m. eastern.y of the charts, g tv is the function on the bloomberg and you can see the second chart about the chinese a-shares underperforming the broader hong kong and u.s. listed chinese stocks. find it g tv , live from new york and toronto, this is bloomberg. ♪ scarlet:t's 7:00 -- it's 7:00 p.m. in hong kong, i'm scarlet fu. lisa: i'm lisa abramowicz. scarlet: we are live in new york over the next hour. we aree top stories covering from around the world. casino stocks rally as the supreme court strikes down a ban on sports betting. change of heart, president trump throws a lifeline to the te -- eiseman's next to short. the man behind the big short says the junior and -- german lender is this bank. mas gains and -- modest gains and big caps. abigail: a very modest to small gain for the three major averages or the dow, the s&p 500 and the nasdaq, investors taking a breather after last week's big rally for those major averages and

st. louis colleague james is warning that that strategy could cause problems or the u.s. economy. as they continue to debate the himbings e highs -- after three more are expected year.the end of the e trump administration's fed pick number three said that if keyon firmed by the senate, he support policies. arida is a global strage strategic advisors at pimco. senate panel ce a later tuesday. violent clashes between the palestinian nd rotesters. 55 were killed. the protest came as the u.s. embassy from tell lesm. to veers the war crimes case will be israel by the palestinians. has s. federal scourlt teams. ates to bet on matter could begin in a of weeks. are $150 billion a year place is on illegal sports belts. lobal news 24 hours a day on air and ticktock on twitter, 2,700 by more that be journalists and analysts in more countries. this is bloomberg. so much.ess, thank you the announcements that 224 chinese company's a shares will included in its benchmarks from june. me of the names familiar and others not, right? >> yeah, some of the big banks, sharpgse. alley babba and others h

st. louis fed president james bullard, who shared his concerns about a flattening yield curve in an exclusivewith kathleen hays. >> if the fed goes up three times for the rest of this year, that is 75 basis points, and you have to ask yourself if the 10 year is really going to go up that much in that kind of timeframe. if it does not, we are going to have an inverted yield curve later this year or in early 2019, so i do think it is crunch time for this. i think that those that are sanguine on this issue feel that the 10 year will rise. and we have seen the yield going up here in the last day or two, but the question is how is that going to proceed over the remainder of this year and into 2019? i do not think we are in any danger right now sitting here today. the yield curve has an upward slope. that is fine. it is not too far off the average slope over the last 30 years or something. but i would be concerned that we not march into an inversion without our eyes being wide open. >> the risk is recession? >> if the yield curve does invert, and we are not there yet, but if the yield curve does in

st. louis fed president james bullard is how will the fed continue to raise rates without inflicting pain on emerging markets. his response was we need to focus on the u.s. economy. you mentioned the dollar continues to strength be do you buy, sell or hold u.s. stocks >> it's got to be said, historically you would be cautious about holding stocks in this particular kind of environment. that said, april and may hi historically have been benign over the last 50 years for equity markets this is not a particularly bad environment it has to be said that it held up well equity markets have held up well that said you do struggle to have ten-year yields at 3.20 and 3.25, which seems remarkable in the context of what we've just seen, maybe less so you will question some of the yield story in the equity market therefore i struggle to see an aggressive move higher in equities here, unless we hear more cautious comments coming out from the fed what happens in june, july, august for the fed is always important. the period leading up to jackson hole at the moment i find it tough to be excited about u.s

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