on the flipside, communication services followed by consumer staples financials, and utilities staplesls, -- staples, financials, and utilities. katie: we will speak with arvind krishna coming up next. this is bloomberg. ♪ - super excited to open up my diploma from southern new hampshire university. ♪ ♪ - i'm nervous, i'm excited. ♪ ♪ - [man] okay, let's see it. let's see it. - oh my gosh. - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. at t. rowe price we let curiosity light the way. asking smart questions about opportunities like clean water. and what promising new treatment advances can make a new tomorrow possible. better questions. better outcomes. you know what's brilliant? boring. think about it. boring is the unsung catalyst for bold. what straps bold to a rocket and hurtles it into space? boring does. boring makes vacations happen, early retirements possible, and startups start up. because it's smart, dependable, and steady. all words you want from your bank. for nearly 160 years, pnc bank has been

the first thing that will result in stagflation, tech and energy and what will be bought is staples >> why do use stagflation? >> inflation picks up cyclically, i don't think that is the base case. >> the economy is slowing and not stagflation? >> what you think right now, have hard landing and have soft landing? >> are you not convinced by what the fed chair said last week with no stag? no flation? >> should i ever be confident with what the fed chair is saying? >> people have been getting crazy about the stagflation word. >> in the last two weeks, if you are in my world and searched the previous six months, zero mentions, now it has rocketed in the last two weeks because that one day had a high pce and weak gdp. i don't think it is a base case but tech is ripped. takes stops and looks at the ballots versus the market or beta, half of the stocks at 1.2 beta are higher are tech. if we get an economic slowdown, that will go down more than normal. guys who have done well and up this year, 7, 8, 9, 10, they don't want to lose it all, just like the great pick up, if we get a downdraft lik

the victim is expected to survive, but sustained a large cut that required seven staples. authorities say. perez then took off from the vta platform after the attack and barricaded himself inside a home. he was arrested after a standoff with police. he is now facing a number of charges, including attempted murder and assault with a deadly weapon for the first time, a former us president has been convicted of a felony. >> a jury in new york city found donald trump guilty of 34 counts related to falsifying business records, and a scheme to try to influence the 2016 election. ktvu zac sos joins us here in studio with the story. >> zach and donald trump's legal team already laying out the groundwork for an appeal. and while the verdict won't impact his ability to run in 2024, he's now being forced to hit the campaign trail with legal baggage like no other former american president tagged with felony convictions. >> their deliberations led them to a unanimous conclusion that the defendant, donald j. trump, is guilty. >> manhattan da alvin bragg, addressing reporters thursday at

the staples are _ alarm bells may be ringing. the staples are worse! in michigan, in arizona and nevada, they worse, and so there _ arizona and nevada, they worse, and so there is— arizona and nevada, they worse, and so there is a — arizona and nevada, they worse, and so there is a sort of collective concern. _ so there is a sort of collective concern. i_ so there is a sort of collective concern, i would say. so there is a sort of collective concern, iwould say. i so there is a sort of collective concern, i would say. i think it's shabby— concern, i would say. i think it's shabby when he opened to people talk to reporters, but won't give their name. _ to reporters, but won't give their name. and — to reporters, but won't give their name, and one of those people, i will give _ name, and one of those people, i will give mechanisms right up front. people _ will give mechanisms right up front. people spent a lot of time talking about— people spent a lot of time talking about donald trump, but frankly this election. _ about donald trump, but frankly this el

which one, the basis is t work to get the perfect text, a full force of staple food, which is made by boiling and pound and such a with vegetables like a salvas. oh yes. unplugged thing to begin, peel and script the cassava. next, peel the plenty wash, both ingredients and arrange them in a large, you have to come by very well so that they think they have 5 level and it shouldn't be cool by approach. raising one. 0, i said, one of his fully cooked it is bogged down in the water is drink to pestilence, engage in the pound, the for one. press and hold the pistol, pounce with go collection. while the other case, the mixed up with watts of following the rhythm, typically the process begins by poem, did the plantings fit while they are still hot and showing the smooth consistency and prevention lumps. we use the traditional way of funding, and this is what some, most of our claims for fee the costs of a is also pounded separately and lead to both a put together. i'm going to make a slides for the class and this these i don't need another thing to ponder for me because i'm with dish as ofte

i think you need to separate the staples, rallying because of that.als, maybe because bad news is good news >> all roads lead to that. >> yes. thanks, don't miss an interview, dee told but it, alphabet ceo on overtime today. 4:30 p.m. eastern. up next, the return of meme mania. we will tell you about it again, gamestock, amc, blackberry others are on the move. look at those gains. we have new research on who is going to do the buying, all retail? maybe not so fast. ckosing bell is coming right ba when it comes to investing, we live in uncertain times. some assets can evaporate at the click of a button. others can deflate with a single policy change. savvy investors know that gold has stood the test of time as a reliable real asset. so how do you invest in gold? sandstorm gold royalties is a publicly traded company offering a diversified portfolio of mining royalties in one simple investment. learn more about a brighter way to invest in gold at sandstormgold.com. my fear of recurrence could've held me back. but i'm staying focused. and doing more to pr

>> when we started we were just pantry staple food items.ood now so we're doing everything from home to beauty to non-toxic kids and baby products to pet products and everything has a better for you, more sustainable alternative and we did recently over the last few years get into frozen and we were doing seafood and frozen veg and a lot of categories and we are very open in experimenting the possibility of doing perishable and we have to do it in a way that's economical for the members and it's sustainable. >> do you think the consumer is okay with it right now or is it difficult at the price point? >> we are making it more affordable and save money for the staples on the market and spend more for high-quality staples in the grocery store. >> thank you for bridging it us to. nick green, ceo of thrive market and we appreciate it today. for the full list scan the qr code or head over to cnbc.com/disruptors. that's it for us today and i'll join tyler for "power lunch" after this quick break. are you interested in safeguarding your investments

we own and participated if the market moves up we are there but i would not be looking at consumer staples at utilities most boring sector on the planet and there are 14.5% this year as money moves into the sector, demand for energy is only going to increase and there's a huge opportunity is underperformed last year they're playing catch up but i like utilities and consumer staples and energy in financials and places i would look i would not chase tech as the market is making new highs i would not be chasing tech. maria: grade analysis, reaches you, thank you so much. democrats are playing the inflation blame game now, they're going after grocery stores demanded that president biden and the d.o.j. step in and take "9 out of 10 people don't get enough fiber" benefiber is the easy, gentle solution for every day. its plant-based prebiotic fiber nourishes good bacteria in your gut working with your body to promote digestive health. with so many ways to enjoy, benefiber is your fiber, your way. t—mobile's 5g network connects a hundred thousand delta employees so they can make every customer fee

we own and participated if the market moves up we are there but i would not be looking at consumer staplesok at utilities most boring sector on the planet and there are 14.5% this year as money moves into the sector, demand for energy is only going to increase and there's a huge opportunity is underperformed last year they're playing catch up but i like utilities and consumer staples and energy in financials and places i would look i would not chase tech as the market is making new highs i would not be chasing tech. maria: grade analysis, reaches you, thank you so much. democrats are playing the inflation blame game now, they're going after grocery stores demanded that president biden and the d.o.j. step in and take after advil: let's dive in! but...what about your back? it's fineeeeeeee! [splash] before advil: advil dual action fights pain two ways. advil targets pain at the source, acetaminophen blocks pain signals. advil dual action. awkward question... is there going to be anything... -left over? -yeah. oh, absolutely. (inner monologue) my kids don't know what they want. you know who k

hefty hefty hefty well, it's a staple in san francisco. japantown. a beloved bay. milestone 50 years in business are sharon chin talked to the man who started it all. and the grandson who's continuing his legacy. >>while his his grandson crunches up a tray of candy coating moses yesterday coaches still can't help but sneak a piece of the signature dessert. he >>himself >>for >>decades. somehow or other last 50 years. we've got the new refrigerator. >>france. native open to guests and coaches. sweet stop in december 1974 >>that was your dream. i'm happy. >>the 87 year old recalls how he could not refuse when friends offered him a space for a bakery inside a grocery store. >>a lot younger. i've always said i want to open a bakery in japan. why why? because there was no bakery in japan palm >>moses made a name for himself, perfecting his own twist on the classic coffee quench cake made famous by the old gloves bakery on union square. glowing newspaper reviewed changed everything for the business owner >>took off. ever since then, my business has gone up. >>the publici

for ireland's coastal communities, seaweed has long been a staple food.inerals, it has vitamins. all the b vitamins that we spend, you know, 20, 30 euros buying across the shelf, it's all in here. there's a seal over there also looking for his dinner. hello, buddy. so, what is on my seaweed board? we have some dillisk, or dulse. carrageenan, another traditional favourite. we have seagrass, beautiful green, also known as spirulina. i recognise that one. mm—hm. and then for something completely different, the queen of all seaweeds — or maybe the king — pepper dulse. the truffle of the sea. that's extraordinary. mm. peppery... such a bite to it, such a kick. what's most striking is the diversity under the kayak. different shapes, forms, textures, colours. it's quite extraordinary. even in the famine, people ate seaweed. but i think then, it became associated with poverty and hunger. and now people are beginning to rediscover the amazing properties of seaweed. well, next on the menu, we're heading over to vancouver, in canada, a city that's frequently named a

the outside of terry williams' childhood home is now covered with handwritten signs from neighbors stapled to the outside. >> hang in there, terry. call if you need anything, money, clothes, food, all your love. >> reporter: terry said he still can't believe a few days ago flames were shooting out the windows of his childhood home. his elderly parents were inside at the time and were rescued by firefighters. terry's mother is still in the hospital. >> i love you. you need me, let me know. >> reporter: neighbors have taken terry and his three dogs in. they've also set up a gofundme for the family. >> get me real emotional. >> reporter: for the last month and a half terry says he's been getting a lot of racial threats and harassment. teddy butler is terry's nephew. >> each time the new threat has come in, it's escalated in the rhetoric to the point they're talking about they're going to get him or hurt him or kill him. >> reporter: fire investigators are still trying to determine what caused the house fire and they are not linking the threats to the fire at this time. terry was at city hall

my interest on that had to do with the availability of basic food, staples on whole staffing and few, many families were happy just to see the children get up was on the beach on their boat and and of course, and i had shock slice is good for that still is why does this prelim cafe offers new variations alongside the classic such as had talk slice with mint or peanuts or with white chocolate and new good crunch. at least 10 versions are on the menu here and which one is the best seller? the classic we also get some older patrons and for them hedgehog slice is really a bit to their childhood side when it was basically a staple. and most homeless accomplishing type one from us at $500.00 calories per piece. the hedgehog flies is not a light snack. it's officially beyond retirement age, but shows no signs of aging via tell me on one of russell's best known landmarks, it was made for the expo in 1958 and shines just as brightly as it did back then. this is the i told me on belgium's most famous land lock put good to know. it's not actually in the shape of an atom. i am here today to find

the retail giant's big plan to cut prices on thousands of items, including household staples like food and detergent. it's monday, may 21st, "early today" starts right now. good morning, thanks for being with me. i'm frances rivera. the criminal hush money trial of donald trump is nearing its end. the prosecution has rested its case, but there is no shortage of drama as the cross examination of michael cohen wrapped up, the judge started to clash with one of the witnesses for the defense. brie jackson joins us now. and catch us up on what happened in the courtroom. >> reporter: it was another dramatic day of testimony. the defense got one more chance to grill michael cohen. during cross examination, cohen admitted to stealing from the trump organization, saying that he duped his former boss into reimbursing him more money than was owed to a tech firm. cohen said that he did this because he had not received a large enough bonus that year. cohen is the only witness to testify that the former president had advanced knowledge of a scheme to disguise hush money payments to stormy daniels. c

stapled to the outside.>>>anything when he closed food >reed>all your love, terry says he still can't believe it was just a few days ago when flames were shooting out of the windows of his childhood home. elderly parents were inside at the time and were rescued by firefighters. terry's mother is still in the hospital. >>>>you need me. you need me. let >reed>me know neighbors have taken terry and his 3 dogs in also set up a gofundme. for the family. >>>>emotional >>for the last month and a half, terry says he's been getting a lot of racial threats and harassment. >>>>time. the new threat has come in. it escalated. escalated in the rhetoric talking about to the where they're talking about. they're going to get him or they're going to hurt him or kill >reed>him. investigators are still trying to determine what caused the house fire, and they are not linking the threats to the fire at this time, terry was at city hall when the fire broke out. he says he was talking to city leaders. trying to call attention to ra

it was basically a staple. and most of them from us at $500.00 calories for peace. the hedgehog slice is not a light snack. it's officially beyond retirement age. but shows no signs of aging. you told me on one of russell's best known landmarks there was made for the expo in 1958 and shines just as brightly as it did back then. this is the i told me on belgium's most famous landmark for did to know it's not actually in the shape of an ad. am you today to find out what it is and what's actually inside it's 9 votes? via telling me and consists of 9 spears. each one weighs 250 tons. a. wow, look at how futuristic this loves. to learn more about the secrets of the actual them, you need to agree brief from belgium. that when you see this, you think this is an ad out. they told you that this isn't not them while you're close to it because it's a crystal with items and it's so and it was the thoughts by mr. walter again. what was the president of the middle industry and the iron kristen and launched a 165000000 times was designed by all context, audrey and john black for t

all that means is recession proof stocks cloroxes, big colgate those stocks in xlp, staples staples outperforming consumer discretionary stocks like starbucks, and so ons that face consumers, markets are speaking, the other thing, we got to remember, five, six years ago people have among groaning with and yesterday biden just put fort more awe depressive tariffs than trump -- maria: right. >> and the media's crickets, why is that? [laughter] maria: why do you think it is? >> i thought we were supposed to report the,000 right in tariffs are inflationary. maria: well, look, thousand if they're fighting on who's tougher orer, but coe biden hasn't done squat to stop china's bad behavior since he stepped into with office. now we're right ahead of an election. i want to thank everybody for this great conversation, congressman buddy carter, andy puzder, an add am a johnson, thank you so much for a great conversation. markets are hire on the cpi, dow industrials up 152, the nasdaq up5, and the s&p 500 up 26. the breaking news of the morning was from president biden. president biden posing a

a staple oh, another round. by the way, i have to let you know of tesla layoffs in the bay area this time. the company is cutting 600 jobs from its offices in palo alto and fremont. tesla has been slashing jobs since january. the company is restructuring it as it faces a weakening demand for electric cars and increased competition. the cuts will affect workers from all areas of the company, from factory workers to engineers. okay, the weekend is here. it is friday, vienna. another beautiful day outside. and oh, i just saw a foggy picture. we still got some fog and low clouds by the coast, but inland it looks really nice. it's going to depend on where you are. that marine layer has absolutely been a factor. janelle and we're going to see that again into the early morning hours. but at least if you look at san jose i mean we're at 73 degrees. we're a little bit cooler than what we saw with the 80s, but still seasonably around this time. so let's get right to that microclimate forecast. now i also want to show you

trying to run my family out of this, out of the house. >> reporter: terry and his family are like staples of the neighborhood, they lived in these home for more than 50 years. >> i watched terry grow up, me and my brothers. and his mother is like my auntie, his father is just hello cool. >> he plans to rebuild and get his parents back in their home. >> i am blessed and i'm lucky to have neighbors and friends that care about me. >> reporter: police are investigating the threats as a hate crime for now and firefighters officials are working with the police department in terms of investigating the cause of that fire. >>> other headlight tonight, hours away from memorial day holiday weekend which means thousands of people will be hitting the road and heading to bay area airports and if that is you, you should be prepared for long lines. so far the crowds haven't been too bad at sfo but tomorrow is supposed to be the busiest day of the weekend . tsa predicting that as many as 3 million people will pass through airport checkpoints. if you're staying in the bay, there are a lot of things going o

what i see today is consumer staples left behind as investors seek growth.hose stocks are attractive and that is why like consumer staples and not discretionary. weakness is broadening into the middle, a negative sign. let's start with the discretionary and be careful, get bold in areas that are underpriced and commercial real estate is underpriced. cbre is very attractive when we see transaction volumes increase again. haidi: great to chat with you, brian. cohead of the global equity team. turning to central banks, holding rates, a policy decision. bloomberg economics says first quarter inflation will outweigh. our breaking news reporter joins us now. what are the expectations set here and nuances we might hear? tracy: yes, as you said, the consensus is no change, 5.5%. the central bank projects forward and that's what eyes will be on is the news conference. scope for easing is unlikely story. inflation is above one or 3%. importantly, inflation is a measure of price pressures. if that is a concern for policymakers. annabelle: when it comes to potential for

top of the mark has long been a staple of the city, with its beautiful view of the city skyline, liveelebration as the owners honored its long history in san francisco. >> happy 85th anniversary! i think i've been there 85 times and i liked it's a good place to celebrate. it's a classic. all right. thanks for watching everybody. mornings on two is our next newscast starting at 4:00. >> and to stream the latest news and weather on your smart tv anytime, just download the fox local app to your tv. thanks for joining us. good night welcome everybody to like it or not, you know the show. it's the show in which our panel weighs in on everything from major controversies to those daily annoyances. we're going to tackle the topic, and each person will let us know whether they like it or not really nice to have you with me. i'm hea

in the last month, utilities up 15, staples up 7%, real estate up almost 8. those really the names that can lead this market higher over a long period of time? >> absolutely not. and as we say, i think you're on the press disright now of different leadership -- precipice right now of different leadership beginning. we own staples, we sold a little bit earlier this week because they've melted up so much. same thing with real estate. i think a lot of that is because you had relief, frankly, in the bond market. but i would say this, right now you've got energy which was envogue, now it's left for dead. i think there's your opportunity. people don't want to talk about the banks. i don't talk about them. we bought hem the haas, in the last month -- them in the last month. i think you're on this precipice of new leadership taking over and, frankly, i'm happy to come on can and do the mea culpa if utilities, if staples, if r are ei, ts -- reits continue to outpace semis and banks and discretionary and energiful i'm wrong, we've got a bigger problem. i think we're go

consumers getting staples or big purchases. is this a trade it down that we are seeing a boost in walmart? >> yes, it is. it has been one of the big fisheries when the surge we had. consumer being -- consumers being squeezed. consumers are turning to walmart for the value that they are known for. katie: it is probably no surprise you see the move towards staples. you look at the average ticket and it was flat but the number of transactions that rose and people not going for the higher priced items necessarily read -- necessarily. andrea: that is right, we have to spend more of our income on the things we need and less left over for things we simply want. inflation bolstered the value of sales and when that comes down or up moderates and supermarkets cap to sell more loaves of bread to get the same value of sales. it was positive transactions were up. katie: this is good news for walmart. it feels like walmart can make money in any environment and right now making money from the tray down. i have to imagine it is painful for oth

we're up to 2020 for new york auto show, staples on the us and to national auto show circuit. but before we go inside, let's talk about a few important numbers. in 2023, there were 292300000 vehicles registered in the us. those vehicles made for 376000000 gallons of gas use per day. that makes the us the biggest consumer of gasoline had a sign of japan. and rush on average. americans drive a lot about 41 miles a day to work to shopping or for a doctor's appointment. that's more than ever before. and when americans go on vacation inside the country, 98 percent of them are doing so like the heck of the auto show in the yard were meeting with greg morrison automotive journalist and call and see was used. rick is the producer of this is bumper to bumper tv who is a major cold snap across the d test and the value it's new cost. all brands makes and models sprag has agreed to help us better understand a few things about what is going on at the us. automotive industry with auto show us and with us consumers. i did not know that it was still such a magnet for people because i thought

smith: i got to staples center shortly after the news broke, and there already were candles.t was stunning. it was so sad. he was loved. he was absolutely loved when he died. reporter: what did he mean to southern california? everything. that's why there's so many people here. egan: it was just -- and it still is. it's just impossible to believe. part of me thinks that he's gonna come walking through the door one day and say, you know, "come on, coach, i'm not gonna let a helicopter mess me up." to the rest of the world, he's the icon, you know, the mamba, the laker, the superstar. and to us, you know, he's our friend, he's our guy. petitt: the finding of the ntsb report for this accident was pilot error. there are a number of points along the way that this accident could have ended completely differently. it was a pilot under visual flight rules flying into instrument flight rules -- that is to say a cloud -- and losing spacial orientation and thus control of the craft. petitt: the pilot was instrument-rated. he had a license. however, the company was not certified to fly in

we are under me -- underweight consumer staples and also underweight electric utilities which hasn't been as great but we do own some in our green energy strategy. and we are overweight there. i think it depends on the strategy. in large cap equities we are going with what we believe is the growth engine. katie: i want to throw you a bit of a wild card and talk about just portfolio construction. we have talked about that you run concentrated portfolios and when you think about just being an index that is not the way to go and if you take a look at active equity etf launches, it seems like people have been listening to you because the number of holdings, average number has been going down. for your style of investing, the kind of caper folios, if more people are doing that, does that make that less effective for how are you think about that? nancy: i think it is the opposite. i didn't know that statistic. we've been doing this since the mid-1980's, but it makes it more attractive because what you see is investors focusing on fewer names instead of the broad-based approach. you can't a

staples over discretionary. and staples because that protects against slowing growth risk. the main factor that has been working as quality. quality is the most consistent factor and we don't see that changing. >> are those specific factors that win regardless of the overall index? do you see areas independent of this overall shift of whether there is this momentum and international money that ports and and keeps valuation side? >> its large-cap quality. it still up the quality curb and we show it very clearly. it is a classic late cycle winner, which is where we are. tom: morgan stanley chief u.s. equity strategist mike wilson on his change of heart around the forecast for the s&p and the broader view across equity markets. u.k. inflation could explode to 2.1% in the year to april. thanks to a foreign household energy bill, bank of england governor andrew bailey says he predicts quite a drop in the upcoming inflation print in less then 30 minutes. for a preview, let's bring in our cross asset strategist with ou

staples are amongst the most expensive areas of the market. we love costco and walmart, our two biggest positions. from a stock perspective, very different and have different opinions relative to the overall sector. energy has bitten us a little bit. we're talking about a 3% sector. we would rather go where the fundamentals are, and we think we'll get a better buying opportunity, i think, upon a pullback if and when the market pulls back, that's when we will be opportunistic with respect to putting on more sector exposure. >> it's been a nice, broad move from the april lows. tech has had a quality rebound that it's up 11.5%, leading the way. utilities, 10.5% from the april lows, the close on april 19th. real estate up 8%. com services 5. health care is 5. speaking of health care, joe, you bought amgen and merck, and you did those personally. remember, you don't buy things for the etf or sell them until it's a rebalance time, so this is a personal move here which says a lot in it and of itself. amgen and merck. why? >> you add further exposure

>> consumer staples. when you look at consumer discretionary names you get things are usually very levered, not dividend payers will good cash flow, consumer staples people have the by, all those inflationary pressures are coming down, the prices have stayed up so margins expand. you get companies like pepsi, general mills, procter & gamble, clorox, making a ton of money, they are well run companies, we always like that sector. stuart: they pay dividend. that's your deal. >> we would not buy them if they were not dividend growths. stuart: dividend growers is the important point. it's a high dividend now which may dissipate in the future. >> the market is growing year over year. stuart: stay there, you are with me for the our. you are looking at the movers, i want you to start, put on the screen, robin hood. is a going up or down? lauren: they reported their second quarterly profit in a row. we have 1%, a record number on deposits, $11 billion and they are looking to win over the market with active traders

it's literally a consumer staple. the challenges as you move forward is on margin deterioration and not seeing the cash flow. >>> we will debate the strategy, and we have new bullish calls on citi and royal caribbean. we're back after this. at pgim, finding opportunity in fixed income today, helps secure tomorrow. our time-tested fixed income suite, backed by over 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. ♪ ♪ >>> we're back. let's hit some committee moves. things on the move today, paramount, again, berkshire is selling off of it. buffett saying we lost quite a bit of money. it was obviously a dud for them. for you, misery loves company. >> misery loves company. >> but at least they sold it. >> relentless. >> what did you want me to say? >> i think -- stop trying to make me laugh. this is the truth. the exclusive period where skydance ended on friday, i am not a fan of the deal. we don't know the details so it's hard to say what the b shares would get. lo

the last couple years we found it's probably been a staple really of what we do.half a mile away- from jurgen and ula. in february 2022, i had what'sj called a sudden cardiac arrest. in the period when i was in - hospital, somebody put something through our letterbox. it was a signed liverpool shirt - from themselves and the team squad. to me, it was a sign- of their kindness, if you like, l and their place within the local. community that they did something like that completely unprompted. it means a great deal. "dear steve, firstly, i hope you don't mind me writing to you. ijust want to get in touch to let you know that you're in my thoughts and in my prayers." my name's colette halliday. my connection tojurgen klopp, sadly, is through some personally tragic circumstances with the loss of my partner. stephen was diagnosed with pulmonary fibrosis and deteriorated. a great friend of his, andyjohnson, approached the club and said, "could you possibly do anything?" a little while after, out of the blue came this absolutely beautiful letter. we just all burst into te

olive oil slides from a staple to a luxury item. you can find more news on our website. welcome to sports day. here is what is coming up: 48 hours from the biggest heavyweight boutin from the biggest heavyweight bout in decades. both boxers face the media in riyadh. leeds united are 1—0 away from a premier league return at the first time of asking. and the lowest round in major history to make an electric start to the 106 pga championship. welcome. we are two days from the heavyweight unification super fight in saudi arabia. tyson fury taking on usic, putting his wbo, wba and ibf world titles on the line. the winner will become the first four belt heavyweight world champion. the fighters have been rolled out for a news conference and both men surprisingly are are reserved. i will make this short. i want to thank god for the victory i received. i want to thank everyone. i want to thank usyk for challenging me. that's it. thank you to the fans who supported me. i know it's tough times at the moment. money is hard. i aim to put on a show. thank you. god bless. iii. thank yo

then it changed over the years and became the breakfast staple. we specialize in breakfast, brunch come lunch now. i love this neighborhood. i grew up here. and it feels like home. i walk down the block and recognize people of people say hello. you say hello you talk and joke. has that familiar environment that is enjoyable and i have not experienced anywhere else. there are many things i would like to see improve ams the things we might see are making sure that our tenants stay housed our small business in tact and those are the solutions that will contain to push to make sure that you know our communities can take root, stay and thrive. >> i'm proud of you know, welcoming folks to the richmond. everyone loch its we got farmer's market every sunday there. the you see really business at the noaa. ice cream at toy folks and going to chop for book like green apple. and that's when you like the deal is pizza place haall families love. you will see a lot of great chinese shops that is readily available for everyone. >> and that is just thein are richm

staples up since the low. utilities have surged. >> the word crowding is weird that would imply everyone is getting in there. there's these big, hot valuations -- >> don't you think it feels like everybody is kind of talking about utilities? >> more people are talking about utilities -- >> but, guys, the bar -- >> generally speaking interest rate proxies. now everybody, literally, is talking about utilities as a.i. plays. >> okay, but the bar was, like, zero for interest and utilities and the multiples are completely rational. so, for example, we'll pick on dominion. i bought it when it traded below 48 about a month ago. prior to that it had been trading around 53. it's trading around 53 now. so consider where we came from and where we're going and if you look across, nexterra is still way off its highs. we own which trades like the equity. it's still about 4% or 5% where it was a year ago. they had a move off the bottom. i would not consider it crowded. i think it's just kind of moving up from the really low