, but at the end of the day we also have some work to do and data is not always going to, it should not always be the driver because it's not always going to look at pretty as we need to get some things done and accomplish. if we are ten steps behind just because we lose students at certain schools and certain sites, it doesn't mean all of a sudden if we then we are going to see a better result. we need to think about how we deal with that. we also know that some of the schools don't have the bandwidth to have the reentry with students and families when they come back into schools. again, we need to figure out how to support the system to make sure those very important pieces are happening so they are supported and also so our families and students are supported and we feel like it's a community that is working together. last thing again is that we have to put more resources into supporting our teachers, our schools which ultimately support our students and ultimately supports what we are prioritizing to ensure our schools are safe and supportive and we are reduc

let me just bookend the conversation on the chinese data. whichever way you slice it, this was a very, very down beat number, both on the external side and import side. that speaks volumes about the sluggish pace of economic activity still within the mainland's domestic economy. so the markets looked at this and took these numbers at face value, which surprised me a little bit because the february data set is usually distorted typically by the seasonal numbers, but the associated with the chinese new year holiday. did a pretty good job of shrugging off toward the end of the session. a degree of composure. the shanghai composite was trading in negative territory for a large part of the day. but a degree of stability at the close. still looks quite sticky and elusive. elsewhere, the mood was decidedly cautious. a lot of concern about what the ecb will do on thursday. so that's the major risk event. people seem to be sitting on their hands to a large extent. nikkei 225 dragged down below 17,000. let me get back to the commodities cycle and this

the isps would have to protect and how much data -- in the changing ecosystem, how much they're actually, how much data that they're responsible for? >> guest: well, there's a study that just came out by the former privacy czar in the clinton white house, peter swiefer swire, with some other colleagues of his at georgia tech which showed that the majority of internet traffic by the end of this year is going to be encrypted. so that all the content of that, of those communications will not be visible to the isp. on the other hand, an operating system provider would see that traffic unencrypted and so, actually, would have more information than the usp would. further -- isp would. furthermore, we're no longer in a world where people access the internet i via only their home isp. the average consumer uses 6.1 devices to connect to the internet, bizarrely, and most consumers are using 3-5 different internet access providers to connect to the internet every day. the single home isp, for example, does not have a unique view of a huge amount of user activity. and if you consider, and t

the transmission of the data elsewhere. e issue in the apple phone is the data stays on the device and that's the conflict that we're having. for the internet of things, it's most useful if the data goes off the device to somewhere elsewhere it can be used in a certain way. >> and, mr. sewell, could companies open themselves up to liability if vulnerabilities for law enforcement end up being exploited by a bad actor? >> i think that's absolutely true. somewhat ironically i suppose we have the ftc at this point actively policing the way in which technology companies deal with these issues and we can be liable under the section 5 or under the authority of the ftc if we fail to close a known vulnerability. >> and, ms. landau, you talked about the question of security versus -- or the issue of security versus security. and that this really is a debate about security versus security. could you explain a little bit more why -- >> sure. >> -- our national security and cybersecurity incompatible in your opinion? >> so, what we reall

a, the data was better than last month. ke newok at things orders and employment, those are both positive. what they signal is a, improvement. and b, the things that really matter, good things for the future. this is clearly a better-than-expected report. vonnie: what about exports? did we notice anything on the exports index? joe: you totally stumped me. there we go. we are coming up to the march meeting by the fed. they will have to look at the fact that it's bounced by two things. one is the factor that employment did in the u.s. is god. and inflation -- in the u.s. is good. and inflation data is good. vonnie: we did also get the market u.s. manufacturing pmi. joe: it is a younger series. they haven't been around as long so markets don't pay a lot of attention to it. the isn was better than the market data. vonnie: the interesting thing , they are front and center. in january and february, there was more recession calls than we have had in a long time. a lot of those calls have faded. the data seems to have stabilized. bu

there are specific privacy regulations to the data they get put in place by the providers. so they have to do it. the question is, most of the rules and now they are extended by the use of classification and the situation to cover this is very important, especially to the world of the internet and not just the telephones and that is what this is about. >> host: jim halpert, the use support this rulemaking process and what is part of it. >> guest: it makes sense for them to move forward and described what rules that they are going to apply in greater detail. you know, in terms of what should be in that, i think that is really a key question which we will be discussing today and there is considerable disagreement. one can take the view that the internet that process them is a whole entity and that isps are a particular player in that. but fundamentally in the world of internet advertising they are a small player in that market right now and that there ought to be one set of rules if the consumer has an apple iphone, they do not expect a different set of rules to apply to the

the economic data, the earnings data. i think this rally can only be sustained if we do continue to see improvement. so not only central-bank talk. the dollar.ome, and oil, if it called quite a bit. what is your call for the dollar and oil prices? gabriela: it is always tough to know in the short-term, right? for oil prices, we found bottom $25-$30 range. but i think we have got into a bit of a ceiling here. fundamentally, production is not coming down very quickly in the u.s.. we still have that supply issue. a bit, pricesde to remain a little more stable, ofch is helpful in and up -- itself. when it comes to the dollar, it is a hard call, especially with such a dovish said. the two main very bold that were so negative last are, really turning around this year. so you have the dollar and oil finding footing, a huge -- annd it is already astounding degree. gabriela: we have seen markets outperforming this year. on the back of that, dollar weakness in the commodities. from this point forward, we run out of steam a little wi

i think about 65% of the data right now is unencrypted. that's talking about, yes, the content of what's going over. but what's just as significant and just as revealing is the information of what site you went to and how long you were therement and sort of tracking types of sites that you visit and then having ads targeted on the basis of that sort of information. it is correct that the current rules that apply to common carriers were from the world of telephones and they aren't adequate and really don't correctly categorize the kinds of information that should come under the f.c.c. privacy rules with broadband access providers. and that's what this rule make something all about. trying to figure out which things are in fact what's known as cp -- customer proprietary network information. that's the data you gather simply by virtue of someone plugging into your network. and the idea is that you ought not to be able to use that data for purposes other than completing the network transaction, unless the person gives permission for that to hap

the data i was describing to you that gave the inside we now have come from the administrative data that the department of education has on student loans, which includes the fasfa. if you remember filling that out, there is no room for race. what you can say is you can try to piece it together. lookacts are that if you at who attends for-profit institutions, community college, students willtely be nonwhite. have muchlations also lower wealth levels. for a given level of income, if you compare an african-american family and a white family, the african-american family will have lower wealth. to have not only your parent but your parents parents to have had good income for many years for you to end up with wealth and not have it seized and appropriated in the institutionalized ways it has been in the u.s. we know there is disparities, according to some of the government data, on what college graduates who are minorities are earning per hour after college versus their what counterparts. there is a lot of next are there that raises some serious questions about how do we look at this in a way

. >> the fed is looking at a fairly large amount of data. w, the big question in their minds is, how does the output gap, the closing of the in withap, fill it inflation? wage growth is very much welcome, but i think the important thing for them is how that translates into inflation and price growth. from that respect, i think they are in a wait and see mode. they have a 2/3 chance within the next 24 months. theye next three years, think we will see a u.s. recession. >> i think it is fair to say that we are moving towards a slowdown. whether this will translate into something much more serious, it is really difficult to know at this stage. the outcome will be the result of central-bank choices and how much consumer confidence has been hit by the recent turmoil in financial markets. hans: you talk about recent turmoil in a financial markets. it seems as though a lot of that is affecting inflation expectations in europe. when you look at the german insistence that this deflation is not real, how much longer is it sustainable for them to make th

to take a look at the construction spending data we got this morning, the blue line, topline construction numbers, does not look like recessionary data. , highway andne street construction spending. 30%, a lot of noise there, whether in stuff, but some nice numbers. scarlet: i will build on what you showed us yesterday with european economic data coming in weaker than expected. u.s. economic data surprising to the upside. what does this mean for the dollar? the dollar has been appreciating and value versus the euro. european economic data disappoints, and this is the set up as you head into the nonfarm payrolls report. volumeou have to look at . it is rare you see volume up on and up day. -- volumecked up usually picks up on a down day. volume was 50% higher, also for utilities, health care one point. there is a lot of juice to the rally today. joe: a lot of chasing and panic buying. scarlet: emily chang as of the rsa conference in san francisco. she is joined now by u.s. attorney general loretta lynch. emily: thank you for being here. i want to welcome our listeners from bloomberg radio.

we'll see what happens with the data today. at's one to watch. >> lots of surprises during earnings season. big moves, both up and down, when stocks were reporting over this last quarter. crazy volatility off the back of it. >> absolutely. some stocks for you to watch today. sun edison is suspending the quarterly dividend on its preferred stocks. the move comes days after they delayed filing its annual report amid an internal probe into its finances. shares sliding more than 11% in extended hours trading. semtech seeing first quarter earnings and revenue above analyst estimates, citing strong overall demand and bookings across several businesses. that's a good sign. those shares reacting nicely, up 13%. pure storage forecasting better than expected first quarter results. pure storage reporting positive free cash flow for the first time notably in its six-year history. >> another example of stocks with big moves in either direction off the back of results. >> and we could get more on the consumer front. a mixed read on the consum

the economic data are showing some effect. ial markets have certainly priced some of the story in, i'd argue. the pound has come down. it's come back down, and so there has been some degree of erosion. when i look at the next few months, are we at the beginning of a process? does growth slow into it? how do we work our way through the next three months? are people saying, as the closer to it, the potential to get worse or better is there? >> it's hard to tell, but we are seeing investment surveys as we go along. surveys, a good barometer of business sentiment that may have been due to financial market volatility, or fears of the referendum. they will be interesting to see pmi next week, if they rebound. therey rebound, maybe will be a financial market shock rather than a continued worry. the growth data have been weaker. it's slowing, but at the moment it doesn't look to be too bad. guy: right. >> as a cfo, why would you make any decisions in the run-up to referendum? guy: you have to make the decision -- >> you don't need to t

>> would get all the data. there is an enormous change with respect to what law enforcement has access to. so whether a lost child with the malaysian airline went down within one hour we had apple operators cooperating with providers all over the world with the airlines and local law enforcement did fbi to find some way to locate where the plane was. >> i just clarify i'd want to think apple has not been cooperative with an effort to access the data. the my questions are any points with a court order. so why step back. >> recognize the gentleman from washington state. >> it is very important in the earlier part of the hearing that director comey and talked about public safety and that is concerning to send that message of the technology's impact people. >> i do not subscribe. >> and that is not what i thought. >> of the the judge stated the world of the internet the government's arguments are limitless surveillance and personal privacy. we often talk about security by design when it comes to the internet we can

power of big data analytics over the last few years makes massive amounts of data very attractiveso go back over the last 12 to 18 months, you have seen anthem, one of the largest health insurance companies in the net it states and a traded. you have seen opm penetrated. charlie: do we know who did that? adm. rogers: not that i will publicly talk about. charlie: but you know? adm. rogers: not that i will publicly talk about. but you seen this massive publication. >> pulling large amounts out. charlie: the argument was somehow that if you knew that information about somebody who might be of interest to you that it would give you the possibility of pressure and manipulation? >> those are some of the options that you have to stop and think about. >> and also the capacity to see if anyone is part of euro national security? adm. rogers: right. charlie: it is beginning to be a more difficult world. >> and it is only going to get more complicated. it will generate massive opportunity for us, it will bring increased ease of day-to-day life. but it is a bit of a double-edged sword. the inc

the data has been okay. e situation internationally is pretty soft and it's how much weight do they want to put on the international situation. those that focus domestically, they're more hawkish and saying hike earlier. and the one with total volatility say let's push it back. >> and it opens the fed to criticism because the federal reserve has a dual mandate that is to focus on inflation, we'll see how the gauge is today. with, the fed gauge. and 34r0i789. 4.9% on the unemployment rate. it's come down lowest since the recession. so you could argue that the fed is meeting its mansd date, should be raidsing its interest rates. though with manufacturing on the brink of or in a recession, and the stronger dollar hurting corporate profits should the fed wait even longer. >> and it's such an important factor to watch if you think of the rebounds markets since the middle of february. the latter part of that march part, really down, the u.s. dollar. allowing trades, some risk trades to come up. >> commodities. >> c

data has been a problem in this context. in part, anecdotes have filled the void. if there is not a good data on the problem, the arising and anecdote will fill the void. department of education, which is responsible for the federal loans in this country, has not been terribly forthcoming and releasing to the public information about who borrows, who defaults, their experiences. that is changing a bit and as of this past fall, we have some excellent data on debt to default for people who have borrowed since the late 1990's or so up until the present. what i'm going to say here is based on the analysis of that data. what does the data say? they say you should erase from your mind -- if you are thinking of who the face of the student debt crisis is, you should erase it from your mind the image of a yale graduate or n.y.u. graduate graduate or even an um graduate. everyone who graduate with a ba is relatively likely to default. people who graduate have a low default rates. the default rate to drop in the schools selectivity. the more selective the school is, the lower

the u.s. anymore. they are globally data dependent. wt extent are we going to be looking at every global pmi report, specially those out of china, for us to determine when the next rate hike will be? normally the fed talks about risk to the u.s. economy, now they're talking about global risks. the fed has taken on the role of being the worlds and central banker they were the first to move in 2008. everybody had to follow suit. they recalibrated the global economy another force to play by the rules they set in the midst of the financial crisis with externally easy monetary policy. >> we have this dovish statement from the fed, stimulus from the ecb. has mentioned that the vix fallen quite a lot on that. i want to bring the chart up on the terminal of the vix curve p review can see where it has moved in the past day. take a look at where was just yesterday. a lot higher at the front end. does this mean we will see a big rally in risk assets? >> i think we seen a significant rally and risk assets. the you are seeing today is fed ease polic

the data breaking out of the eurozone. we did the composite market eurozone pmi data. the february number a little better than surveyed. the survey number 53.0. that is a service line, composite line. better than anticipated. good news for mario draghi. we're also getting audi coming through. the 2015 profit fallen by 6.1%. it sees moderate unit sales growth. read through and see what i can see in terms of details. expenses in terms of the technicals for audi, a little bit ahead of expectations. and as you can see there is the audi webcast. and we'll continue to monitor what is said. this is vw's luxury division. what will the read across before mercedes and bmw? those guys report in a few weeks' time. let's check in the european equities. the rally starting to fade a little bit. un surprising after we seen such a decent move to the upside. a decent move in equities over the last couple weeks. the euro stoxx 50 under down by .5%. let's get you caught up on all the news you need to know. more evidence of a china slow down this morning. the priced in composite output inde

with the health department making sure that supervisor wiener and not only pay attention it the science and data it is going on but that we do our best to end the suffering that is brought by by long-term smoking that obviously is the cause of cancer and asthma and heart disease we do our best to educate the public in doing so if not the industry that sells overseeing products and ultimate our kids are your family when in their 18 and 19 is shown that the coalition has shown over and over you're putting that some 95 percent of long term smokers had begun smoking at the age of 18 perhaps younger and as certain under the age of 21 those habit are so hard to end voluntarily so that's why we have to go to many other front to try to do this and that's why i think that the supervisor wiener has found a person cause and public health health cause if the violation kriebs the department of health to make sure that we do what we can to end our these diseases as much as we can to make sure that we also reflect as the mayor of the city if we can save a lot of money if we are able the medical systems we have

the more data that talks about outperformance of diverse boards, the more you will see change. ♪ ramy street lost a legend this week when john good friend died at the age of 86 at the head of salomon brothers. he was a transformational figure. his impact can be found in the financial industry. we discussed his legacy on bloomberg television. >> back in the 80's, he turned solomon into one of the most successful banking firms. he lost the job because of a trading scandal. >> i take real issue that say that john gutfreund did this and that. he invented the modern age. >> he foresaw that people would remember him with a negative taste in their mouth. >> i did a morning must-read this morning. let's bring up this morning. he took the pulse of the place simply by wandering around and asking questions of the traders. >> he gave the new york times a quotation in the 1980's saying that he changed the way that the fundamental world was. >> i think that is beautifully put. he would say that what people have forgotten was a limited tool for risk, as they invented modern wall street. they did not

disproportionately that african-american students are facing and the academy achievement gap right now the data says that african-americans are graduating at 64 percent at sfusd and in my opinion port commission unacceptable the there are the ethic groups in the high 80s and low 90s so why can't the african-americans succeed in the print that was released 15 out of 18 have the highest suspension rate in the district and african-americans with the highest rates of absenceism and 3 schools sf international with a zero and independence that students don't take a lot of classes and lincoln high school that superintendents asian pacific islanders students at a high rate the one percent that goes to school all i'm asking for to do more i to act with desperateness and not been able to eat and sleep that black students can't attend sfusd it was i was here before - but it is on you to fix this problem we need you to be at the schools and talking to the students and parents to make sure we're not losing another generation of black students and not able to stay in the city for living and find places to wo

really, the data has softened a little bit. the corporate profitability number from the ge report on friday. i think that's also a real warning flag there that the economy may not be as robust as many think. we still think the economy will grow maybe 1% this year. >> we'll see what that wages number looks like friday. mike moran, thanks for joining us this morning from standard charter. >>> now for today's top trending stories. alaska airlines canceled more than 40 flights after a volcano erupted in the state yesterday. a cloud of volcanic ash rose more than 30,000 feet in the air, covering more than 400 miles. cancellations have affected 3300 passengers so far. >> wow. >> disruptive but stunning photo. >> did you see this on twitter yesterday? beyonce, jay-z and their daughter made a surprise visit to the white house for the egg roll yesterday. the family was among the 35,000 other guests gathered afternoon south lawn for the obama's last easter egg hunt in the white house. no doubt social media exploded when they saw beyonce,

thrown around we want to hear what the ss c is offering at each school what is literacy and math the datahows our children are struggling sprept h desperately in the industry there are common core students not on computers but prepare. a test how can they they're not on computers they're in the schools and don't get me wrong i appreciate every school that is doing well but a lot of us the schools we've mentions struggling for resources were resources for literacy wanting to be able to write the only way to help the children and us welcome us the schools is it so you shouldn't have a problem with trying to go figure out how to help us we've benefit here for many years and seen so many african-american educators come and go i know that people are talking about african-american with drugs and this and that i remember the 80s we owned homes and our kids with in schools we had the same issues but doing things. our kids and families were striving not haven for us can't say wait for vision 2025 we have to work on this urgingly urgi urgingly their bullying the schools we need to deal with that >>

the u.s. employment data as a driver of fed decisions. in previous cycles, but it is not. i think that is the point they were making. we know u.s. data is ok. we know u.s. inflation is ok. now what we are worried about is what is happening overseas, international, global. when you think about it that way, the data here would have to be overwhelmingly positive for them to punt on that. i don't think it was that today. david: this has been a theme throughout the program. it is fine to talk about international, for the statutory mandate for the fed is domestic inflation and employment. we worry about international only as it affects domestically what is going on. is anything in the numbers to suggest we are suffering because of china or europe or emerging markets? erik: certainly, the drop in manufacturing may play into that a little bit. i would say one thing to add to the point you were making. i would also say i would defer to alan and krishna on how much the fed has to look at the domestic economy versus the international economy. it app

this is in the run up to u.s. jobs data. uss what is in store, next. ♪ guy: you are looking at a live shot coming from lamaca airport. this is a live shot of the egypt air i graph. -- egypt aircraft. we are looking at the latest information coming out of egypt air. we have fromeets the carrier are that negotiations with the hijacker the release ofn all th all of the passengers, except for the crew and five foreigners. the airport has now been shut down as we await for the ongoing negotiations to hopefully, result in a safe outcome for everybody. we will continue to monitor events and bring you the details. hans: guy, thanks for the update. here are the highlights for your bank holiday shortened week. we will be watching this for clues as janet yellen addresses the economic club of new york tomorrow. thursday, we see eurozone inflation and german unemployment data, followed by u.s. initial jobless claims. japan before have the big, one, non pharm payrolls. we don't have to wait now for bloomberg's first word fx strategist, ric

data analysis. we do not take subjective statements. when we go to the sites, we want data. we want numbers. we supervise the intervention to target adoption of dysfunctional behavior and increase this. we train to carry out ethical and intervention based on research and evidence base. we team up. so we don't work in isolation. how can behavioral analyst for example suspension, expulsion, disciplinary. we focus on environment of valuable. we focus on objectivity. when we are holding it to see a case, we look at environment. we look at those barriers. basically limiting our students' success. after that, we look at create a plant like behavioral intervention plan to targeting to actually eliminate by behavior support by using the framework, by using positive enforcement. here, that's why you see this. i like to see this way. our multi-tier system of support. we are just keeping everything together, right. which basically is our work. we take that data. we make informed decision on that objective. were accountable for that. >> there is a lot of different ways we work at sites. the first thing w

we have not been using the data to be able to identify kids, provide them with the supports they need so we can turn it around before they actually are offtrack. but we also know that turning this around requires not what i still worry about this data the first time the first thought is that's because families don't care when it is not the case. what we need to do in order to turn this around is figure out why kids are correct me if -- correct me if -- chronically absent. some of the barriers of chronic disease and parents responsibilities. trauma is one and chronic absence is the highest in our communities that are the most violent. it can also be aversion because if families didn't have a good experience in school, sometimes they actually avoid school because they don't want to be subjected to where they are feeling embarrassed and they are not being supported. poor school climate, our school suspensions issues, this is all connected. some of it is engagement because we have failed to make schools. the places that are vibrant for places particularly for middle school and high school

at least we have the data here. i want to bring you into this chart. the spread between volkswagen's voting shares and nonvoting shares. here is where the emission starts. they are trading even. remember those nonvoting shares spread widened, drops here after the scandal could volkswagen cuts in test cuts it investment budget. it close -- it is close back to parity. then it is been trending downward. almost down to the post crisis level. it gives you an indication that investors are not entirely convinced that volkswagen has enough road in front of them to get out of whatever sort of scandal they are in. and what their next move is going to be. guy? guy: investors paying a lot of attention. it is going to be interesting to see whether or not we see -- whether we see stories start to creep out. let's big deeper. glencore ceo striking an upbeat note when he commented on miners results. prices have now bottomed. sales in china are pretty good. we couldguest says indeed be over the worst. outdoes he think borrowing is now happening? why does he think thing

what does the data say about the state of the housing market? >> reporter: well, it says it's coming back very slowly, sue, but in fits and starts as you said. you point to the west, we have to remember this is february so there are going to be weather impacts of course. these are signed contracts that the commerce department is closining, not g. so folks who are actually out shopping in february, but remember, the vast majority of new homes are built in the west and in the south. so the data in the northeast and the midwest is going to be very volatile, especially this time of year. one thing we have to remember is that as we come up very slowly in the newly built home market, we are still 27% lower in sales than the 30-year average and that doesn't even account for population growth, sue. >> what is locking down people from moving up or trading up? >> reporter: prices. i mean, people are just very worried about can they sell at enough to get to that net move-up home? in fact, a lot of real estate agents are saying, well, we need more homes on

the vice chair. back were no dot plots then. there is a ton of live data now and market information available to each official as well as those in the market. does that make it harder or easier for the officials to make an accurate assessment of the economy? don't think it makes a difference on that score. the big change is it makes it easier for the market people to make a more accurate assessment of the federal reserve. you can see studies, since the fed started opening up and saying more, the market fomcipations of the next moves have become more accurate. it is also a fact that in terms of behavior, the fed no longer thinks it is a good idea to wrong foot markets. it occasionally does that, but when it does, and use that as a mistake. if you went back 20, 30 years, you would find a prevalent view in many central banks, including the fed, that wrongfooted the markets, pulling them, was a pretty good thing to do. you just don't hear that anymore. i think it is blinder and clarida suggesting the fed will adjust. ira jersey is down here in the market. .his

economy, the data continues to be disappointing. when we take the dovish fed on us of that, it's easier for to have a more positive view on u.s. fixed-income. they are probably not going to be raising rates for maybe this whole year, but also at the longer end, we see 1.8% -- guy: buy or sell that? stewart: we are long. to put the nuance on this, when we look at mispriced assets, there's a chance they are going to be mispriced. the biggest miss price is probably in europe. we have european exposure, because we think and a soft global environment with the fed following an easy policy, with a pick up of germany or france, it's pretty attractive. that is one way to play it. you don't take a big directional bet, which would be against the fed. to be pragmatic, you can't fight the fed too hard. long u.s. over europe makes sense. in terms of trying to fight the fed, this is hard work, but there are times in the cycle when it is right to fight the central bank. 2001-2003, or in 2008 when the fed was, cut, cut, cut -- there are times to figh

is the data available and then, no. 1, to really specifying. the purpose to date for me is i would like to see if there is any improvement over all. >> yes, i think the big development each schools chronic absenteeism is recording that data that staff is pulling there. and it is part of the schools report card. we used to have something call the the api, the academic performance index. the new index is now the sqii which addresses the chronic absenteeism and also looks at the subgroups. we are in a much more accountable era for attendance. what you are seeing there, is we are looking at it as a baseline. because we now have all of this new data system potentials to address the students individually and also support individual schools with individual intensive plans which is our intention. >> what i want to just add is yes, we have the numbers now. we have percentage and data, but we need to move beyond that. we are >>supervisor london breed: when we look at the children that we are having challenges with, i see one of the district's supports is

let's get to the data check. currencies,nds, commodities. our ago, futures negative nine, dow futures -55. yield elevated 1.91% off the 300,000 jobs we saw friday in the u.s.. -- the vix the s&p -- that is a remarkable clawing back from the doom and gloom three weeks ago. the two-year yield gets my attention as well. francine? say in europecan we have had a decent run in the last couple of weeks, and european stocks are now down. this is four days ahead of the meeting this week. economists expect them to go into further negative territory. you pound-dollar, 1.4 150. tom: we focus on china. i did this for our guests. china's per capita gdp versus our per capita, the slope -- here's u.s. accidents. the china boom, china acceleration over the last decade, and it is just ebbing out toittle bit as a get around 14% of our per capita gdp. globals been a huge success story. david goldman, for years with bank of america, he is with "the asia times" right now. he is way out front on the crisis of 2008. he was months and even quarters ahead on what we s

jeff: certainly, and that came up as well, and the fed is data-dependent and the satellites the fact that it is data-dependent. janet yellen introduced this say it -- i can't even -- the market reactions that have been very helpful in that when the data turns, the market bases its expectations from what the site is going to do. that is why we have declining bond yields, the decline in bond yields helping to stabilize the market environment. certainly as we go forward and we look at the data, that is still very much going to be with us. the message from today, from the fed, is there read on the data is despite the firming inflation -- janet yellen continued to cast some doubt as to whether or not that firming inflation is really durable -- and despite a relatively unchanged outlook with regards to growth and inflation, they are going to be more patient and cautious, i think was the word today come in terms of normalcy. carol: what do you do as an investor, jeff -- i bring that up because there was a great story on bloomberg today talking about how blackrock is joining others like pimco

with the health department making sure that supervisor wiener and not only pay attention it the science and datais going on that we do our best to end the suffering that is brought by by long-term smoking that obviously is the cause of cancer and asthma and heart disease we do our best to educate the public in doing so if not the industry that sells overseeing products and ultimate our kids are your family when in their 18 and 19 is shown that the coalition has shown over and over you're putting that some 95 percent of long term smokers had begun smoking at the age of 18 perhaps younger and as certain under the age of 21 those habit are so hard to end voluntarily so that's why we have to go to many other front to try to do this and that's why i think that the supervisor wiener has found a person cause and public health health cause if the violation kriebs the department of health to make sure that we do what we can to end our these diseases as much as we can to make sure that we also reflect as the mayor of the city if we can save a lot of money if we are able the medical systems we have to have

nejra: with the latest u.s. payroll data. expect the unemployment rate to hold at the eight year low of 4.9%. 190 5000 jobs in february after a gain of 151,000 the previous month. china i -- chinese political leaders are gathering in beijing. there is mounting pressure to find a balance between growth and perform as well as improve the environment and stability in the market. 5% of trade -- according to the police on the matter. trading and investment banking employees next week according to people familiar with the decision. australia's securities regulator started legal proceedings over a legend market manipulation. they deny wrongdoing and say they will fight the case. the german finance minister has made his feelings about a potential exit clear. wolfgang schaeuble was asked about it as he appeared behind george osborne at the annual conference in london. >> what would you do if they vote to leave the eu? cry. would [laughter] not. hope that you will it is the decision of the .ritish people, of course >> and the depth of t

officials at sky news say the data contained names, addresses, phone numbers and family contacts. at least 51 countries in the middle east, africa, europe, and north america are listed. sky news reports the company has offered the data to british authorities. >>> about 300 smart phones used by senior officials in south korea received malicious e-mails from pyongyang. officials are deeply involved in the south security affairs and their devices became infected. officials with south korea's intelligence service said 40 were infected with a virus between february and march. they believe north korea gained access to text messages and phone numbers. south korean government officials warn of further attacks from the north. they condemn the annual military drills by the u.s. and south korea. >>> a top u.s. intelligence official expresses strong concern over china's development over artificial islands in a disputed part of the south china sea. they will be able to complete the facilities as early as this year to improve the military capability in the area. the director of national intellig

and the government hasn't caught up to get the tax return data, the wage data, everything. takes some really three to five years to get the right picture of what's happening right now. we are -- our work shows you can reduce the error rates by looking at four quarter averages. josh is right, trying to figure out -- the fact is, though, the market is still trading on it. wapner still excited by the downward revision. if wapner cares, i care. >> but scott, that's why i think it's less important. that's why i agree fully with you, steph. that this number -- >> but then what do you do? what do you rely on? >> it's not what we rely on -- >> the fed -- >> the fed is clearly siding on the jobs picture over the gdp number or you wasn't have a parade of more hawkish folks. >> they're going to take some caution from this, scott. i will say one thing, which is interesting to me. >> this whole conversation just -- it just irks me. we're back having the same kind of conversation as to whether the fed knows what it's talking about. whether they can accurately predict what's really happen

we saw that with the on employment rate and in today's cpi data. his is a grammar as they go to the fed meeting, and then the coverage after, and then press conferences. let's look at the two-year chart. we have shown this many times. we show this on radio a lot. when we would suggest is the rise of expectations over a year. richard clarida, simply, a beautiful chart of the new volatility. stan fisher talks about the new uncertainty. talk about this uncertainty in your world. richard: uncertainty is to be distinct from in position -- imprecision of your understanding. risk versus uncertainty. tom: do we know right now? richard: we know more now than in the fall of 2008. the uncertainty for global markets and investors is how to interpret the developments in china and the oil market. i'd like to get back to another point, which is simply that a lot of what unconventional policy did in 2009 through 2011, it suppressed volatility. i think markets got a little addicted to the fact that this policy suppressed volatility. we have a lot of policy divergenc

this is how the data is discoverable. pletely out in the public it is clear to american people when they are subscribing and buying their service what will and up or not end up in the hands of the government. i think everyone is on the right side of this debate and what is important as private citizens, but they understand the long-term implications are very profound and we know it to charlie: there is not question that the iphone 6, i assume the iphone seven is around the corner. [laughter] max: probably. charlie: tim cook makes the point that if there is a precedent here, a lot of people trusted apple, believing they were buying an encrypted phone. and in fact, it goes to the heart of apple's credibility if they are not getting a phone free of encryption or encrypt it? do they have a point? especially in china, which has become their big market. max: right. a piece ofrtainly this that is very relevant internationally, china in particular. where there is an entirely different type of due process and legal framework applie

the citywide problem. no. 1, are we sharing data. >> thank you, supervisor yee, i represent the district on the shared use data base committee. we do have an mou still going back and forth to the city attorney's office. we eventually that data, it's a shared data base within each district. juvenile probation. there are triggers, each of the institutions of certain triggers that will red flag when a family and individual triggers that agency and support. or triggers is one of the indicated in attendance. when a student is 10%, that student will be red flagged and we'll alert the other agencies . we are not using it yet. we are still meeting. this has been years and years in meeting but we are on the homestretch and we'll address that soon. >> let me press on this one a little bit now. the homestretch is around the block? >> i don't know. your guess is as good as mine. >> what are the barriers at this point? is there something we can do from this seat? >> i really don't know. it's language. >> i'm sitting here and i have heard similar discussions years ago and i'm, you know, you are frustrated, i'm frustrate