tom: wow. when you look at aggregate weekly income, over the last three months, that number is up 7% on an annual rate. the labor market for nominal growth is strong as well. we have an unsustainably strong economy and this is that is time the fight is taking steps to the exit door. to me, i think the risk which makes me nodded optimist, the risk is that the fed is prematurely declaring victory. i see a lot of cyclical momentum and the fed stepping back which could be a problem for 2024. lisa: the fact that you said an unsustainable rate of growth what will make it unsustainable? if it's the inflation story and the fact the fed is not there or you cannot continue and vacuum. so it will implode? neil: i don't know it will implode without the fed doing something. the problem for mark is is when there is a disconnect from what the fed wants to do and what they should do. that is when the problems come up. i think the fed should not be signaling rate because. that is an easy first thing is not sign

tom: dr.t a tossup? julia: in terms of whether we will get it or not? [laughter] tom: i'm not talking about the shut down. what are we going to see in that data? julia: in contrast to the gdp tracking, we have really seen some cooling in labor demand. we have seen it in job openings. hiring has been narrowing. the sectors hiring have narrowed. we have seen no evidence of broad-based layoffs. demand has cooled off considerably. it has narrowed to a couple of sectors really driving job gains. i would expect to see moderate, modest gain in jobs. tom: that is going to be the first question on the jobs report. this is a joy. let me give you an anecdote of the romantic world of bloomberg surveillance. we were sitting in the washington office. i turned to michael mckee and i said, "mike, if i can get tickets in this section 42 rose up and the -- 42 rows up in the capitals arena rink, do you want to go?" and there we were sitting over of that can's -- over ovec hkin's shoulder watching the game. mike

tom: cpi on wednesday. are wondering how long the u.s. can keep on having consumer spend. this all comes in the same week that the ecb has to make a decision. tom: over the weekend, i did a lot of reading. the different narratives out there are extraordinary. jon was talking about the persistency of iron ore. for those of you on radio, we have lined up the events of the week. what is not there is china. maybe this is a week where we walk away from china. i don't hear people talking about chinese growth. there is a more buoyant tone, even with their challenges domestically. lisa: heading into today, there was some strong data published out of china that raises questions, are we at peak pessimism on china? which is why the u.n. was responding to some of the john boehner and we were hearing from the people's bank of china. are we seeing signs that things are not quite as bad? tom: the key theme for mandeep singh, the apple supply chain, which is where mr. cook created his career. bring it full circle to the pr

tom: wfv.t on this, this is with the death of bill richardson, an energy secretary, we don't have an energy policy so this is the biden policy but whoever is in office in four years whoever that may be, they will have a whole new policy. we are making it up as we go. jonathan: i would agree with you, oil produces energy players. a tough spot. tom: i'm taking a vacation and my goal is to get -- below 59 stream. let's move forward here, an eventful week to say the least. the chief global economist of capital economics, really trenched reports. i want you to validate the imf call of a global tepidness out to five years. does capital economics through the battles of china, all the other things out there, do you look for subdued to global gdp forward? >> well in the short term absolutely. we think there are a lot of headwinds, most obviously stemming from tighter monetary policy and all that is yet to come through. i think we will see a recovery in advanced economies after this sort of period of wea

tom: exactly.we are expecting the gdp revision up, inflation down. it is 2024 that is going to catch my eye. how much would is there to chop? how much can you push against rate cuts next year? tom: lagarde not go draghi on us. you are not going to get that from powell. these guys are going to be focused on data-dependent meetings into next year. jonathan: they are getting desperate to get through 2023. the update on uaw, the president rejecting a 21% pay increase from stellantis as the strike rolls on. the offer coming in below the 36% raise the union is seeking with him calling it a no go, signaling the union and automakers remain far apart. is it 40% or 36%? lisa: i do not understand. we do not understand what the line in the sand is. it seems detroit automakers are paying vastly more than tesla. they are paying about $66 on average versus $45. wells fargo estimates if they conceded to all demands, that would go up to $136 per hour on average for all employees. jonathan: the final story, british

tom: killer question.resting part, especially paired with earnings. tom: i think the earnings play into it because that is the hope and the prayer of soft landing. i got china and i'm underplaying the gloom. i could be wrong. what am i watching? it's got to be the real economy. the parlor game, the fed, less important now than what does nike do, how bad is it? lisa: i would agree with that. i do not think the fed speak will have as much of a feature in market response. people have moved beyond and are looking at granularity. this might be the last data we get before government shutdown removes all the public data. the retail sales and core pce might be some of the last nuggets we get from official channels. tom: i will go back to the real economy, which is nominal gdp. what does it mean for revenues and the shock of constructive margins. the heart of the matter, waking up on monday, the basic idea is will be going to earnings season and once again be surprised that everybody will play on the 7.5 stocks. th

tom: surveillance bonus. jonathan: bonus rounds? tom: steve major.ider north macedonia, italy again. jonathan: let's not. tom: another macedonia scoring fleet a few years ago -- late a few years ago. how will italy proceed today? jonathan: the new coach. tom: they have to be fired up. jonathan: i hope they are fired up because it was dreadful. bonus round? that is not a bonus round. lisa: it is the opposite. jonathan: i feel like they -- i have been trol led. tom: i have to watch north macedonia, italy. rooting for italy tomorrow. jonathan: i'm not going to be watching that. i am glad to say steve major joins us now. were going to talk about this bond market. you are bullish. what you think the bears have got wrong about the outlook for the bond market in america? steve: where to start. i think the list is getting longer and longer. i look at valuations absolute and relative valuations, treasury stand out. most of my colleagues have reined in their enthusiasms because it is not attractive. i define the single em rate markets i want to buy right now,

tom: it is. the black pearl. jonathan: totally. tom: the landing.onathan: you should do a vacation show. i would love to see a travel show. adam ruskin of deutsche bank coming up shortly. ♪ i don't want you to move. i'm gonna miss you so much. you realize we'll have internet waiting for us at the new place, right? oh, we know. we just like making a scene. transferring your services has never been easier. get connected on the day of your move with the xfinity app. can i sleep over at your new place? can katie sleep over tonight? sure, honey! this generation is so dramatic! move with the xfinity 10g network. every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possible to use predictive monitoring to address operations issues? we can help with that. can we provide health care virtually anywhere? we can help with that, too. is it possible to survey foot traffic across all of our locations? yeah! absolutely. with the advanced connectivity and intelligence of global secure networking from comcast business. it

we should brand that, tom. tom: when i get the shot.the conversation next. tom: i have my comfort dog with me. jonathan: is it actually a therapy dog? tom: yes. he is coming to london. jonathan: that is sweet. and you expensive. equity futures down. your iphone 15 unveiling a little later this afternoon. ♪ it's easy to get lost in investment research. introducing j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. let's find the right investments for your goals okay, great. j.p. morgan wealth management. explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. >> the labor market is so important because it really supports the consumer spending and we have seen the labor market clearing off and we should see signs of consumer spending cooling off but then pressure on inflation. but it is really true the -- tricky needle to thread doing enough but not too much. jonathan: the founder and former fe

tom: a stronger yuan.e how it affairs into their monday morning call -- bears enter their monday morning call. humbled by the guess who has shown the across extended american labor day. randall kroszner has been so committed to the show. arguably our greatest financial economists. jeffery rosenberg will look at yield here off of the job support. really thrilled with this lineup we got this morning. if you go back through a year, there are single moments where things stop on the show. david kelly is trophy taking this year, a number of months ago, simply said we're going to see negative nonfarm payrolls. dr. kelly joins us this morning. the doctors and place -- the vector is in place. how do you extrapolate the shock of a negative nonfarm payroll statistic? david: it is not going to be today, we do not think, and probably still a few months out, but if you look at decline of jobs, it is been significant. we have gone from 12 million job openings march last year down to 8.5 million now created a number aroun

tom: i'm just happy-- tom: i'm just happy to be near him.we are looking at pink lee pink lay because i have no idea what that is. tom: it has side turbo thrusters so you can ease into the dock in nantucket. lisa: good to know. tom k.: -- lisa: if anyone is tuning in and trying to figure out what he is projecting onto me, it is boats. they thought we would see an upside surprise. i disagree. put together with that three-month rolling trend, it gives you this feeling that people are underestimating the downside surprises. tom: i'm with porcelli. i think the jobs data all of a sudden became more important here. get out the calendar. stick with us for futures at -10. on radio and television this is bloomberg. ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. >> in many ways we have already had some rotating recessions to come into this, so i don't think it will be as broad-based tha

tom: it's fun to watch. jonathan: they are bringing in tons of money for the stadium and maybe we are looking at the prospect of new ownership. i'm not going to say that will happen soon but that is. tom: i got an emaar form luke cal at -- he said at the end of the interview, i was shocked -- i will not go to the arsenal pots game i was so upset with mr. leavy, where he said we are here to entertain people. i was thunderstruck by that statement. jonathan: he wants to win but with style. in that conversation. let's turn to the price action, thanks for the wonderful feedback for the conversation. equities in the s&p 500 positive by 0.23% on the s&p, yields lower, down a basis point but here we are. 447 -- 4.473. lisa: today we get lisa cook speaking at 8:50 a.m. eastern time and then other fed presidents speaking at 1:00 a.m.. so you can get the insight and translations you want of how long this economy can last with rates where they are. nine for the 5 a.m. have gotten mis from europe, from france, from germa

tom: seth rosen wrote in and said tom, you are wrong.atching this eplus -- watching disney plus. we seriously still don't know when the president will speak right? jonathan: i'm not sure if the president knows what time it will be. tom: the impractical issues bob iger faces. geetha ranganathan from bloomberg intelligence. this is about fancy companies flying in fancy mckinsey people, the strategist to save the day. what would strategists say this morning to mr. iger? let's pick on mckenzie. kinsey media shows up. what do they say to the leader of disney? geetha: good morning. thank you for having me. i already have a lot of things going on at disney. you have the streaming business losing subscribers but the narrative shifted away from prescribers to profitability, so somehow bob iger has to show the business will be profitable sooner rather than later. netflix already set the template in the market. there is a blueprint so they have to figure out how to get there. more importantly for disney, they have to show the market they have a pla

tom: thank you. made. the union rep said no offers were made since september 14. this is what the union want. 36%. the offer is 21%. gm a 20% and ford 20%. lisa: there's been no new offers from the auto manufacturers since they declared strike. we do not understand with the negotiations are and we do here they are making progress from the auto manufacturers and we hear from uaw they are making no progress and they have to expand the strike. tom: it is just about money i do not buy it for a minute. it is about all the structural things to three firm the unions back to a different time and place. it is vaporized in the last 24 hours. jonathan: and elon musk is considering charging a monthly fee for users of x saying a small service fee could fight off bought operations on the platform. and that brought in a conversation -- at the offices yesterday. this was meant to be about anti-semitism and now it is now about raising the issues with charging everybody. lisa: they said the bot is an a somatic and the

tom: we are in davos.e table, there is someone of bank of america and she has her s&p call today. she did really it mathematics on esg. is there a new esg? when you see richie sunak in london capitulate, is there a new esg? javier: we saw esg 18 months ago and i call it a bubble. we have seen prime minister rishi sunak waffle on the commitment on net zero and i'm -- i think we will see more leaders -- it will be costly. the easy part has been gone. until now, it was win-win, green and cheaper and now it is more difficult. it is a lot of trade-offs and it will be green but more expensive and we have not yet had that conversation with the voters. we said everyone -- to everyone this is great and it will save the cop -- the climate and now it is a different conversation. jon: a question i asked this morning, who is next? who will push out some of these charges -- targets? javier: we have seen japan within the g7 and i think that germany and france have really -- jon: javier blas of bloomberg. this from goldma

tom: surveillance on radio and television. lisa abramowicz on tom keene here.t as it tries to find a durable price. lisa: tries to find a durable data point to give direction. we get durable goods in just seconds. it's important to say the dollar strength is the one move that has permeated and continued from day-to-day and continues today. tom: with a durable report on durable goods, michael mckee. why do they matter? mike: that's a durable question. gets asked a lot. the headline numbers don't matter as much is the capital goods orders. let's start there. up .9% after a .1% gain the prior month, which is a surprise. we will have to see if that is revised. the capital goods orders is good news. that was revised down to negative four. over the past two months, you have a swing of .5%. durable goods orders overall up .2% after falling 5.6%, a revision down by about .4%. x transportation up four. the headline was expected to fall more because x transportation take out the boeing numbers is what you have to do. at this point, it looks like that did not matter all t

tom: absolutely.s different but the answer is yes, it is an indication of where we are heading. it'll be interesting to see how trump adapts to the language, who he supports. jonathan: does he have to adapt to anything? tom: he's a cagey guy. who's going to be might be be candidate? it would not be mike pence. jonathan: you think? tom: the answer is to be strategic about it. jonathan: next year. it is going to be an interesting one. little bit of a lift in the equity market. yields a timing bit higher. on the 10 year 4.25. euro going nowhere. 1.0733. from new york, good morning. ♪ ome... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. >> the uaw northern part of industrial belt of the country is going to shrink no matter what. in that situation, the incentives for the union is to get as absolute much as they can. this is going to be a difficult dynamic going forward for the economy. jon

tom: yes. lisa will tell us in the brief, but this thing at 8:30, it is a tough tell, it will turn the market trauma into what we see it 8:30. jonathan: and then if claims come in around 200 k, 201 the previous week. lisa: if we keep getting this lack of response, if the labor markets keep staying strong with all of the wage pressure in the headlines and beyond, how much does this keep this feeling that rates will be higher for longer and, if anything, the fed is underestimating what it needs to do. jonathan: they are higher again this morning. equity futures just turning positive in the last 10 minutes. posited by 0.1%. there is the move in crude. pulling back after briefly be -- breaching 95. there is your move in the bond market. right now .460 282. higher off of the session and the cycle. lisa: the highest going back since 2007. at one point people said that they are buyers and at one point they are stepping back. i take your point about jobless claims which is your most important economic

tom: tom belzer inventing the modern st.what it means to raise rates to certain level for the broader economy but what i am curious as to here, when you keep them there that long, what you understand to be the implications when the effects have been so delayed with rates that have been so low effectively for so many. tom: speed data check, i will look at the real yield, the 10-year on 2.08%. jonathan: normal is 4.5, absolutely amazing to see the treasury curve right now. the 30 year just short of 4.50, the two-year, 5.17, yields unchanged but recently at cycle highs the last one for hours. tom: in conversation with james bullard, the former st. louis fed president, michael mckee. michael: thank you very much. we would like to thank jim bullard for running us, i would have called you mr. president, but now we call you dean bullard. dean bullard: you can call me jim. michael: thank you for joining us. i would like to start with the dot plot. i think we have a picture that we can put up. for those on radio, you can look it up o

>> tom: "gilly-in-thall?"the pandemic, he's like, i'm really into baking bread now. he wasn't doing clinton, but it came out that way. >> stephen: he could do a great clinton. i bet he could do a great clinton. >> tom: i bet he could. he's a fine actor. but he was like, i'm all into baking sourdough bread. and i had been breaking bread for years before that. and then everybody -- i was like when you're into a band before everyone knows them, then everyone loves them. that's how i felt with sourdough. i'm like, all these people -- i guarantee you, jake gyllenhaal isn't braking bread today. >> stephen: wow, you hear that jake? you hear that? >> tom: yeah, yeah. >> stephen: you're doing a movie right here. you're going to be in the new ben affleck and matt damon film, "air jordan," about nike pursuing -- there you are with matt damon. >> tom: yeah. >> stephen: right there. >> tom: mm-hmm. >> stephen: that's actually fat damon. there's matt damon. sometimes you get matt damon. sometimes you get fat damon. are thos

tom: that is positive. -- fascinating. mentioned you are concerned around other areas of europe. where is the ugliness in europe? bhanu: china's disinflationary impact is not being priced. and for good reason. tom: that was not temporary? bhanu: when i say disinflation, i mean chinese growth coming down. along with that, chinese imports coming down. if you look at china's imports, they have not fallen, despite the fall in fixed asset investment in china. that has yet to translate into european autos. that is where the trouble is. that is why -- because these cyclical sectors are not pricing in the slowdown, it is early to say that european markets, even if they are better value than was market, are cheap. cyclical sectors in europe are a problem. alix: volkswagen will close two more plants. that is the demand story on ev's long-term. you mentioned the relative value and risk premium. is my take away that you are going to buy bonds in the u.s. right now? bhanu: i think the big thing for the next year is the two-year. i thin

tom: any other questions? right here. let's get the microphone. >> i have a question about "huckleberry finn." in our lifetime, there have been times when it was banned or labeled as controversial. during his lifetime, was there ever any question about morality or the contention? harry: it was far more controversial even then than it is now. these books were meant to read aloud, and you bring in this twain language, in the vulgarity and race relations and did it in a way that people, in concorde, massachusetts the book was ban ned. in massachusetts in particular, and was beyond the pale to have this writing in the youth market, in the family market, and it was extremely controversial. nowadays, there are people who suggest the n word is that you -- not something that belongs, you begin to take things out of books and you just change them completely. there is no question in my mind that mark twain -- she grew up among slaves, that his experience -- he grew up among slaves that his experience, they were part of his life, pa

tom shillue fox news saturday night. try ear bud guy. tom shillue come on guy.-- >> fox news saturday night. >> tom shillue fox news saturday night. tom shillue fox news saturday night. >> yeah fox news. he's got the job. man i am pumped. >> high ratings. watch out gutfeld. okay on three guys one, two, three -- hey. all right. saturday night. las vegas -- to see you dpream las vegas. i watched you since -- since red eye like music. tom came to see that's how you flyer. tom shillue fox news saturday night. yeah. that's how you close a sale thanks to fantastic coaching check him out at comedy pete live thanks to you for watching fox news saturday night. set your dvr to 10 p.m. ere saturday night here on fox news don't forget to follow us on social media at fn saturday night. i'm coming to texas with my one man comedy show spontaneous combustion tickets are available at tom shillue.com i am tom shillue, good night from new york city. september 9, 2023 i am in for john scott thanks for ♪ >> happy saturday, i'm aisha hensley, nicole saphier and jimmy failla. welcome

tom: disappointing. michael: i think the ecb is kind of on a path at the moment and they could surprise the market with a hike. i think the cpi is really important, because you have oil that has been on the rise since the start of july, like 23%. that is feeding into cpi data. we know the cpi is going to be on the rise compared to last month even though the core is expected to be lower. i want to see what is going to be the impact on the markets, when fund managers are seeing that figure. i think that is probably the reason here. thus we have an impact on the fed policy owing forward. -- going forward. alix: also getting a headline that consumer expectations are stable in august but in the medium and near-term rows. this is a fed study that talks about credit pessimism also rising. there is still a lot of worry. justina, you are here in new york. what about you? we have the potential uaw strike. justina: i thought michael was going to talk about the ecb because he is in london. now we have flipped at bec

tom: let's check in on these markets. tom mackenzie in the london hq on this labor day.he china stimulus optimism has faded across the european space. we started with some upside for european equities and we are closing out the session across the benchmark down a 10th of a percent. never mind that you saw material impact from some of these policies coming through over the weekend in cities like beijing and shanghai with a tick up in home sales. not enough to maintain momentum across the european space. we also saw yields on european debt taking higher. -- as you look to the restart of trade on tuesday after the labor day holiday, so downside of a 10th of a percent but a context that last week was the best week for u.s. stocks since june. euro-dollar, 1.0 seven, flat for the single currency and we continue to hear both sides of the spectrum on whether or not the european central go further in its rate hiking trajectory. the next meeting and decision, september 14. close to $89 a barrel on brent. oil by the way is up since late june by about 22%. china of course a factor i

tom: 19%. thank you.ocks and assets to bring to your attention -- four three days of losses. australia gaining the u.k. lender on the back of the first upgrade by morgan stanley since 2018. the apparent remains under pressure despite the fact that there is an assessment that the bank of england is in's territory. further rusher on the pound because of the deteriorating economic outlook for this country. this is focusing on the benchmark german 10-year. a bit of money did flow into the german benchmark on the back of reports the german government will be issuing less debt than expected in the fourth quarter as the karabakh -- as theyy para support for households. coming up, ubs chief strategist. this is bloomberg. ♪ i don't want you to move. i'm gonna miss you so much. you realize we'll have internet waiting for us at the new place, right? oh, we know. we just like making a scene. transferring your services has never been easier. get connected on the day of your move with the xfinity app. can i sleep over

again in margaritaville ♪ >>> this is nbc "nightly news" with lester holt >> ask good evening, i'm tommas in for lester tonight we begin with the main gates finally opening at burning man after some festival goers including celebrities defied a shelter in place request and walked for hours to get out of the mud and muck today a line of vehicles stretching for miles, carrying many of the 70,000 trapped there out of the nevada desert many boarding buses, riding on the backs of trucks to make their long-awaited exit after that late summer storm brought some two months worth of rain to the site in less than two days, stranding them in ankle deep mud, police investigating at least one person's death. >>> the view from the air, a sea of tents and rvs, an enormous task ahead tonight getting everyone and everything out safely our liz kreutz is on the ground with the mass exodus. >> reporter: tonight with thousands urgently waiting to leave, signs the exodus at burning man has begun. >> we're making it out >> reporter: after days stuck in this mud-soaked desert, the weather drying up. festival

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did you meet tom cruise?at's cool. yeah. >> jimmy: how you doing? >> fine. >> jimmy: you know what i was thinking about, last time you were here, which was i think three years ago, you brought your parents who were divorced. >> they still are. [ laughter ] still are. >> jimmy: and -- which was odd, just -- you didn't bring them this time? >> no, i learned my lesson last time. >> jimmy: you did. i was imagining that maybe coming together at this show, they'd wind up remarried. >> like "parent trap"? trying to get your parents back together? no. >> jimmy: like a movie, yeah. >> no, i let go of that a long time ago. >> jimmy: all right, good. i know your parents are from argentina. >> yes. >> jimmy: and then the world cup, you probably heard, argentina won. [ cheers and applause ] i assume you're football fans, soccer fans? >> yes. so -- so in argentina, like soccer is a religion. >> jimmy: right. >> they say that there's the pope, then there's messi. it's kind of like the same thing. and yeah, they're just -- t

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tom?> and we hope that aid reaches them okay matt bradley leading us off tonight >>> back here at home we turn now to hurricane lee. it has restrengthened to a major category 3 hurricane. nbc meteorologist bill karins joins us now. and bill, we have a bit of breaking news here boston's now in the cone >> yeah, we've expanded this northwards now including areas of nova scotia getting into the main coastline and boston and the cape and the islands are now included in the cone now, the storm will be much weaker then than it is now. and it will look a lot different. almost like a powerful nor'easter with a large wind field but we will miss bermuda, and then it looks like it will make its way on friday night into saturday towards the gulf of maine. all of our computer models are up here now, none of them are going directly into new england. but the storm itself is going to be expanding in size. so even if the center of the storm is 200 miles to the east, we could still see winds over 50 to 60,

tom? >> okay.rge solis for us. >>> we want to head back overseas to the breaking news out of turkey that just came in. just a short time ago rescue crews successfully brought back to the surface an american scientist who's been trapped in a cave more than a week. molly hunter has more. >> reporter: tonight, the extraordinary moment rescuers have been waiting for as american scientist mark dickey is hoisted to the surface. >> it is amazing to be above ground again. >> reporter: in the last video of dickey underground inside turkey's steep morca cave he's wrapped tightly to a stretcher, cocooned so he doesn't slip as rescuers bring him through the final feet of a mammoth 3,400-foot journey to the top. in the last few hours the stretcher rocking and heaving but making steady progress on the pulley system. the 40-year-old new jersey native, an experienced caver, suffered from severe gastrointestinal bleeding about ten days ago. the news reached the surface saturday september 2nd. and the first medical

tom bateman for as spell in morocco and as we mentioned at the start of tom bateman, bbc news and theearly i spoke to tom he was in the high atlas mountains and he was able to give me an update on the desperate situation in the towns and villages around the quake's epicentre. villages around the quake's epicentre-— villages around the quake's e-icentre. . ., , . epicentre. have a listen. winding throu~h epicentre. have a listen. winding through parts _ epicentre. have a listen. winding through parts of— epicentre. have a listen. winding through parts of this _ epicentre. have a listen. winding through parts of this very - epicentre. have a listen. winding through parts of this very rugged | through parts of this very rugged and quite an accessible region. at one point, we went through the town of asni where we did see more of an official response, the moroccan army and some very heavy earth moving equipment and diggers. wejoin people in this village during the agonising wait here because there was a 15—year—old girl and her mother to both missing in this house. now, in the last hour,

tom's _ match. next up is mexico this weekend. tom's first - weekend. the uk, head to the bbc news website. hey, i'm dylan with the catch—up. tonight, climate policy shake—up, the big issues affecting teens and wrestling on a japanese bullet train. first up, the prime minister has announced changes to some of the uk's biggest climate policies. they were originally put in place to help us reach net zero by 2050. that's a target of no longer adding to the total amount of greenhouse gases, such as carbon dioxide and methane, in our atmosphere. rishi sunak said that goal is it still in place, but he announced some changes to the government's policy that will impact us all. he pushed back the ban on the sale of new petrol and diesel cars to 2035. he scrapped tax to taxes on meat and flying and increased grants to help people switch to more energy efficient boilers in their homes. the labour party said if wins the next election, it will bring back the ban on new petrol and diesel cars to 2030. next up, a new survey conducted for the bbc has found over a third

tom: that is a possibility.ge the affordability issue, too, because if you get a $7500 tax credit and you buy, say, a chevrolet bolt, which i think starts at $26,000, but it can go up, you know, rapidly. so say you pay $30,000 for an electric car. it's really $22,500 because you get a $7500 tax credit if you make enough money to get that credit. but that makes it a whole lot more affordable. they say that the prices of batteries and components are going to come down, the more electric cars you build, then the price could even drop further. john: tom krisher, auto writer for the associated press. thank you very much. tom: you are quite welcome, john. ♪ john: on monday, the first africa climate summit begins in kenya with the goal of better preparing the continent for climate disasters. when disaster does strike, foreign countries, international aid organizations, and individuals often send aid. but what if that help preceded the disaster? ali rogin is back with a look at a new method of delivering aid that uses t

bold stuff from tom paine. so in these ways, "common sense" is a sort of declaration of independence by which i mean it's a new kind of argument that denies all precedents by smashing the rulebook about how you make arguments out of -- [inaudible] every previous thing brought or said in favor of continuing on of dependent colonies. in the pages of "common sense," tom paine doesn't fight any classical authors, he doesn't quote people who disagree with him, he doesn't make any constitutional theories about what is possible or what is not possible. paine won't stand for any of that. we have it in our power, he writes, to begin the world again. so i think you will start to see and i hope you can start to see much of payne p -- paine's persuasive power lies in the way he says it. for instance, paine works hard to convince readers that the colonists are caught up in an epic struggle. not a small, silly domestic dispute about taxes and tea that will soon blow over. no. paine tells readers of "common sense" that the ca

tom: for the "pbs newshour," i'm tom casciato in brooklyn, new york.the impetus behind this year's surge in labor union strikes, including the ongoing auto workers strike, and what it means for working americans. that's at pbs.org/newshour. geoff: and join us again here tomorrow night for a look inside comedian and actor cheech marin's museum for chicano art. and that's the "newshour" for tonight. amna: and i'm amna navaz. on behalf of the entire newshour team, thank you for joining us. >> major funding for the "pbs newshour" has been provided by. the ongoing support of these individuals and institutions. and friends of the "newshour." >> consumer cellular, this is sam. how may i help you? this is pocket dial. well, somebody's pocket, thought i'd let you know that with consumer cellular, you get nationwide coverage with no contract. that's kind of our thing. have a nice day. >> actually, you don't need vision to do most things in life. it's exciting to be part of a team driving the technology forward. i think that's the most rewarding thing. people who

here is tom bateman.and it is hard to access but once you are here, it is rugged terrain and very difficult to move around so to try to get heavy lifting equipment operated by rescue teams here has proved extremely challenging. we have seen no signs so far of any kind of official orformal have seen no signs so far of any kind of official or formal response and look at the scene of damage and destruction. this was one particular neighbourhood in this village of several thousand people, most of these are either please block built homes or these kind of mud brick and timber construction is, they are not built to withstand earthquakes and you can see the results. here there was a family of six, five of them were killed, only one survived, the father of the family who we are told is now extremely distraught. we were chatting to a resident who told us how things unfolded. we arrived before dawn, there are makeshift encampments every four. people have spent a night out in the open, i spoke to one woman in tears

i'm tom llamas in for lester tonight as we kick off this holiday weekend, we're following some developing news when it comes to travel in the air as a record number of flyers make their way through the nation's airports, the faa is investigating a close call that happened at reagan national airport that incident coming as the tsa expects 14 million passengers to pass through security checkpoints, 2.7 million traveling just today, and though most airlines took responsibility for recent travel headaches, transportation secretary pete buttigieg announced the faa hired an additional 1,500 air traffic controllers this year. it's welcome news for travelers who were plagued by cancellation after cancellation during the summer months. on the roads, traffic backups in pockets of the u.s. including in maryland this deadly wreck there, the result of a chain reaction crash involving four tractor trailers our emilie ikeda is tracking all things travel tonight and joins us live with more emilie >> reporter: well, tom, even driving here to newark airport from new york city took me twice as long, and fro

they talk about travel tom: >> and the >> tom: tom: release. the main thing people talk about now is charging. re-flee on how the demand for smartphones is old and up -- tom: briefly on how the demand for smart phones is, had they seen increased demand for iphones? alex: unit sales have not1 and brilliant0. but from some of the data15 it looks like prices have -- but from some of the data it looks like prices have stayed. they had the services revenue increasing. higher-margin business on the whole. and it ties people to their devices and means that even for the next iphone, it is harder to justify trading the device in one android. tom: arguably as you are illustrating it is the services for apple. thank you for the details on these functionality details. let's get to the auto sector. restated spence is taking on tesla and unveiling an ev with a longer range than any tesla market model. the company ceo spoke about the strategy. >> our goal is value over volume. we are not pushing volume. we are very careful about how we go to market strategy.

myself, bill, tom fitzpatrick, we all went down to the garage, got into bill's car. as we came out, we have people running all over brooklyn already. and i'm saying like, "what the hell is going on here?" - [tom] pete stopped the car, and we got out, and started to head towards the plaza. bill and i were just near the big ball, these sphere. the sound of a plane coming down. - bill was at the back of the car with tom fitzpatrick, putting their coats on. i just remember hearing that roaring noise. (explosion) - and when it hit the building, i never saw it, because i don't think bill saw it either, in full scale. we just both were sort of looking that way to get hit by something. - i really knew that there was gonna be a lot of guys in trouble. and i had a feeling that my father, you know, would maybe be part of that. - never did i think that my father-in-law would be in any danger, because he's a chief. he was the first deputy fire commissioner. he's not stretching hose line, he's not going up into the building. (siren) - as we got closer to the building, you could se

>> excuse me -- big news tom.l right -- well, you know, i just think that universities across the board they're terrible at free speech. and i'm not surprised that harvard is the worst yale is one of the worst as well. they're always having, you know, these kind of shutdowns on campus because somebody said something. so it all doesn't surprise me panel, great work. stick around because a new study reveals the most hated foods in america. did your favorites or your hateds make the list but first, another dad joke attempt from president biden. >> hey -- here we go. what time is the best time to go to the dentist? 3:30! 3:30 you get it 3 hurty -- 3 hurty. you got to go -- the dentist anyway. all right my wife is a doctor. it's easy to get lost in investment research. introducing j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. let's find the right investments for your goals okay, great. j.p. morgan wealth management. remember the things you loved... ...before asthma

tom, let me end on this- it's fair — total ownership. tom, let me end on this.t me end on this. it's fair to say _ total ownership. tom, let me end on this. it's fair to say you've _ total ownership. tom, let me end on this. it's fair to say you've been - this. it's fair to say you've been working on this for years, but this is your dream, this is your passion, and i am assuming you will do everything humanly possible to get us on board one of these planes in the not—too—distant future. it it the not-too-distant future. it it reall is the not-too-distant future. it it really is a _ the not-too-distant future. it it really is a treat _ the not-too-distant future. it it really is a treat as _ the not-too-distant future. it it really is a treat as a _ the not—too—distant future. it it really is a treat as a founder of a company to not be the inspiration. the mission is the inspiration. we are bringing people onto this team, this plane, and this mission are inspiring, and that is a unique thing that helps everything that we are doing here. well, on that note, tom 0'

i would like to start with tom gillespie. tom: sure. looking at the commercial market in general, the last number of years, i've seen a lot of private investment come into the sector. has been a little rougher the last year or two as have cooled up a little bit, but a lot of new investors, interest in the commercial segment. ukraine, the conflict in ukraine, interesting and how that has played out. we have a couple of companies that have played a role there. i think that is helpful as you look at investment, more interesting in what is going on in the sector. it is not only related to that, it things going beyond, investing in the last number of years. at this point, i think we are looking further out, on out to lunar, so we are seeing a lot of business plans, getting into remote-sensing, logistics, space domain awareness, and comms in general. a lot things are happening. challenges, you know, it is still hard to get meaningful government contracts in a lot of cases. you see companies getting initial contracts from places like dod, but

tom's drive to the _ i use it and channel it. tom's drive to the top _ i use it and channel it.the top of the - i use it and channel it. tom's drive to the top of the world | drive to the top of the world rankings has been fuelled by dedication and discipline. i started by winning a medal, and i thought — 0k, started by winning a medal, and i thought — ok, i need to do it again. and then i was consistently being right up there with all the big hitters in my category, and now that i'm number one in the world, i have to train like number one in the world. i have to eat, sleep, act like number one in the world. sleep, act like number one in the world-— sleep, act like number one in the world. ., �*, _, ., the world. tom's commitment to train every _ the world. tom's commitment to train every single _ the world. tom's commitment to train every single day _ the world. tom's commitment to train every single day around - train every single day around school and travel to be under the tutelage of the coach is reaping rewards. last year, he won gold at the commonwealth karate championshi

you saw tom brady played well into his 40s. — that.om brady played well into his 40s, from the new england | into his a0s, from the new england patriots. is that something that rogers might look to emulate? would he want to come back and fit and fighting and helping them get success again?— fighting and helping them get success again? fighting and helping them get success auain? ., ., �* , success again? yeah i mean it'll be really tough _ success again? yeah i mean it'll be really tough to _ success again? yeah i mean it'll be really tough to end _ success again? yeah i mean it'll be really tough to end an _ success again? yeah i mean it'll be really tough to end an nfl- success again? yeah i mean it'll be really tough to end an nfl careeri success again? yeah i mean it'll be l really tough to end an nfl career on this note. i do think he'll be motivated to maybe come back on this, because this is not how you wanted to end, and he mentioned on brady, he did set the standard for that. i think erin would be capable of doing that. you ca

i'm tom llamas.ight and a great holiday weekend. >>> it is a new era for stamford and -- . it is a new conference. how this will impact you, even if you are not a big sports fan. >>> good afternoon, welcome to nbc bay area news. we are tracking other stories on friday, including holiday weekend travel rush.