that was after the university of michigan survey around inflation sentiment came in higher that is -- than expected. the u.s. 10-year currently at 3.96, lower five basis points. gains for the pound of .8%, a pickup on the back of the news that the chancellor will give this statement. some speculation around more u-turns. brent with a gain of .9%. let's look at gilts in terms of that market reaction to yes, another chancellor of the exchequer. the boe with a statement a few minutes ago saying they did indeed end bond purchases friday, saying the operations data inject greater stability into that -- financial system, the repo facility remains in terms of access to those funds. across the gilt curve, a mixed picture, the 30-year 4.61. you had a few seconds where things had you read aloud, -- rattle out. the 10-year at 4.17, 15 points lower. and at the front end, 3.74, so you are looking at a 15 to 17 basis point move lower as money moves into gilts. some reassurance then and we will see if this holds up at that statement at 11:00 from the u.k. chancellor. francine: if we date into sector

earlier i asked china specialist mary gallagher at the university of michigan. what she's consolidation of power is likely to mean well, it's definitely the case that he's completely centralized power around himself. he's promoted all of his people into the policy or a standing committee. so there are no actions anymore to balance against him. it seems to indicate that he will have a lot of latitude to promote the policies that he's been discussing. and it's really unprecedented in the last 2 decades. we haven't seen the centralization of power around a single person. they also want to talk about the situation for women in china. there will be no women in the poet bureau for the 1st time in 25 years. does that mark a step back when it comes to women's rights in china? i would say it does. i think there are also a lot of other signs that we can point to that also show that women's rights and women's positions and politics are going to be on a downward trend. it's not, it isn't even just this. it's a bunch of things that have happened over the last several years. t

let's go back to robin who's at the university of michigan for us this morning. the building. he is on the other side of this wall. he's being very -- we are being very quiet. he has no idea we're here. this is his mom. his son, alex. let's take a stroll by all these great people, colleagues and friends of your son, dr. o. oh, my goodness. how do you think he's going to react? >> he has no clue this is happening and i'm just waiting to see what his face looks like. >> he doesn't even know you're here. >> i spoke to him until midnight and didn't know i was in town. >> he said, some tv cameras. he thinks it's going to be local tv. >> he said, he has an early practice and there will be some cameras there. >> hey, alex, 11 years old, big sports fan yourself. so, what makes your dad so special? >> he's very perseverant, and he never gives up. also, the best thing i like about him is if he's also playing a sport and he's losing, he'll always go until the last minute. >> ooh. >> and sometimes it's like how, because he always gets the comeback. >> he teaches you. aww, ale

i thank you so much for that update, as mary gallagher from the university of michigan. really appreciate your taking the time. thank you. it's got a sports now. and in the german women's bonus league, the 2 top teams went had to had unmatched a 5, baltimore coast and byron, with both teams going into the match undefeated. byron street was snapped as the wolves shout more bite. the star studded squads of volkswagen by and went head to head for the table lead in front of just over 21000 fans a new league attendance record for the hosts. both teams began to match. rather cautiously with germany sta. alexander popped the main source of few early chances . she did find the back of the net in the 21st minutes, but had straight offside and the goal was correctly ruled out. from then on it was all about volkswagen. shortly before half time the deadlock was broken. if a player got a healthy dose of luck to claim her 5th of the season. after her heavy touch, an attempt to clear the bowl from by and sat as others you ricocheted off by your into the opposition go after the break vo

joanne hsu university of michigan of. equities rollover, s&p trading at 3633.head, christine lagarde says an economic slowdown in the inflation we face pose a significant risk to economic stability. mario centeno his joining us next, this is bloomberg. ♪ guy: just a few moments ago we heard from the british prime minister, liz truss, a physical u-turn is underway. it poses huge challenges for the bank of england governor and we will hear from him next week. it will be fascinating to see what the bank does next. clearly, there has been some real pull -- ripple effect through the markets, particularly the euro zone. mario centeno banco de portugal is the governor. what lessons are you learning from what you are observing in the united kingdom? mario: thank you for having me. the lessons that we are learning today and in the last few weeks are very important for us as policymakers. and they reinforce may idea that gradual policymaking is important. the worst case for all of us is if we need to go back and forth in our decisions. we need to be a source of stability

. >> reporter: jessica pelten is a graduate of university of michigan. this that could feel the impact of the roe reversal. over one-third of women who have abortions every year do so before the age of 25. >> i'm going to get your cereal, get your breakfast and your lunch packed, honey. >> yeah, i like it. >> i think there's a narrative that young mothers, young fathers, can't graduate from college, college isn't an option, it's out of the question. do you think that's wrong? >> yeah. because if it wasn't for her, i never would have gone. college was never on my radar at all. i never felt like i had a reason to go. >> reporter: after her daughter was diagnosed with a brain tumor, that changed. >> let's get in the car. after she was diagnosed -- she was 3 -- asked how she would have a normal life. so i signed up for daily ledge to show her, if i can have a normal life while raising her, she can do it too. >> have best day! >> i want her to be in college. i want that to be a goal. i want her to see me do it. >> reporter: the university of michigan has more

replace your dish soap with dawn powerwash and spray your dishes clean. >>> we go now to the university of michiganrofessor betsey stevenson who previously served as department of labor chief economist under former presidnt obama. good morning to you. good to have you on the program. >> good morning. >> i want to get straight to it. last week one of the top fed officials, loretta mester said inflation has not yet peaked. how much worse will it get n your view? >> well, i -- you know, it is hard to know how much worse it will get because what people really care a lot about is energy prices where things are really volatile. i think the thing economists are worried about, when we strip out those volatile food and energy prices and we look underneath that core inflation, and that's the stuff that's hard to bring down. and when that hit, you know, 6.6%, i think that, you know, made people very worried about how long that will last. and, you know, some of this, because we're going to see housing prices, rental prices continue to go up because a lot of the values of the homes already out there and that ha

msnbc legal analyst, barbara mcquaid from the university of michigan law school and former u.s. great seeing you. after roe was overturned, all eyes are on the new term. >> we have this 6-3 conservative majority. then alone is nothing to be worried about exempt for the fact that what we saw in the last term was a willingness to overturn precedent. so i think that to be very concerning about some of the big cases coming along in this term. there is a big case on affirmative action that i think most of us expect will overturn out of the university of michigan law school that said it is a compelling interest that allows race to be considered in a factor in deciding admissions. there is another case that deals with gerrymandering. it will be argued tomorrow out of alabama. legislators that create districts that pack all of the members of one race into one district to dilute voting rights will be allowed to stand, which could cause further mischief in the way elections are decided. and then the third big case later this term, we don't have a date yet, involves this independent state

tyler thank you for that stocks are lower after the university of michigan consumer survey showed inflation expectations increasing. the dow had been up 390 points at the high today, now looking at down 263 points off nearly a percentage point the s&p 500, has fallen 1.7% and the nasdaq leading lower down 2.2% off by 235 points yields again getting higher. the 10-year yield breaking through 4% up from an earlier level of 3.8%. and then we are looking at the financial sector, holding on to its gains after earnings reports from some of the biggest banks jpmorgan, wells fargo, citigroup, all getting a lift. look at jpmorgan is up by 2.5%, wells fargo up 2.8% and citigroup up 1.2%. look at morgan stanley down almost 5% on an earnings report that went the opposite direction. leslie picker tells us why the divide, what the results tell us about the health of these banks and, i don't know, leslie, what does this say about the looming threat of recession? >> oh, yeah, the "r" word was on display today especially on the earnings calls, but as you mentioned, jpmorgan, citi and wells fargo, able to no

university of michigan inflation expectations 5.1%. tom: on the left, and these are the words that float around, credibility, the idea of anchored and unanchored. there are 14 different opinions other than to say normally i ignore university of michigan and i understand right now it has a value. jonathan: lori calvasina joins us right now. it was not about guiding's for q3 earnings. what have we learned so far? lori: so far i have been disappointed that it sounds a lot like the last couple reporting seasons. not seeing any major cracks in terms of the consumer or demand. companies are getting ready for choppy are times. there is that. in terms of if you wanted the earnings band-aid ripped off, so far what i'm hearing is i do not know if we will get it this reporting season, we have to wait until february and march. tom: you and been lately or are on the same page -- you and ben laidler are on the same page. you talk about moving to high quality. define what high-quality is as a comfortable place to be. lori: high-quality is a factor of

we asked mary gallagher at the university of michigan whether thus is a step back for women's rights in china. i would say it does. i think there are also a lot of other signs that we can point to that also show that women's rights and women positions and politics are going to be on a downward trend. it's not, it isn't even just this. it's a bunch of things that have happened over the last several years. there's been more discrimination against women in the workplace after they lifted the one child policy. so that's very hard for women to advance professionally. we've seen crackdowns on feminist activists and we've seen and she just hangs on words. i'm putting much more emphasis on this idea that women have a special traditional role in the family. i think the chinese communist party has always been quite conservative when it comes to gender equality. they have advanced gender equality early on in the, in the 1950s. but women have never reached the pinnacle of power. and when they have like, during the culture about revolution, it was seen as a very negative thing to have happened. so

the university of michigan inflation expectations chart, you can see the one-year out expectation roserom 4.7% in this very closely watched survey, a very important measure of inflation expectations, to 5.1%. after 300 basis point rate hikes since march. the fed in many ways, especially you look at the strong are than expected cpi, it is a lot of rate hikes and not much reaction. is there any room at all to give the market that kind of fed easing up a bit that it wants? kim: well, i think the consumers have spoken, because that is who was asked in that survey. they are saying the fed has not done anything, even though they have increased rate hikes -- rates really quickly and you can see that through the world. we have the highest interest rate, overnight rate, of all of the central banks. i would say consumers say it is not working. kathleen: what does that mean then if the fed looks like it is in a position not to slow down but intentionally even to get more aggressive in keeping rate hikes big and having a higher terminal rate possibly next year? that's what esther george in the kan

affirmative action cases, i believe the court will overturn a 2000 three decision from the university of michigan which upheld the use of race in admissions. the court has showed its willing -- its willingness to overturn presidents. only in extreme or rare circumstances overturns its prior cases. i'm not sure that long-standing principle holds much sway with this newly constituted and quite conservative supreme court's. anchor: buckle your seatbelts, supreme court watchers. professor, thank you for your time. coming up, step forward for girls in sports. california is getting closer to making girls flag football and official high school sport. more on thi kristen: girls flag football is coming closer to an official high school sport in california. the southern section noted in support last week so the next step is for the entire estate federation devoe. if they are in favor of it, girls flag football will be an official sport. joining us live to talk more about the movement is rob, the california inter--- interscholastic commissioner of athletics. thank you for your time. rob: thank you for havin

we saw university of michigan sentiment numbers. timent about the same thing, unchanged, although from from a year ago it's down almost 7%. what was interesting9 with the university of michigan report, lower income households are more optimistic than wealthier households. what's going on? >> so, in general, the consumer that is employed is more optimistic. that's the only area of optimism we're seeing in our consumer confidence index, and that's really the key driver of the economy right now. as long as those consumers are employed, that's why they're spending. still having said that, the low-end consumer is still firing on all cylinders when we look at the expectations for dollar stores and dollar general, they're all expected to post north of 4% for this quarter and even better for the holiday season, telling us that the low income consumer is still engaged. charles: want to talk about actions that, you know, where the action is right now. because i know in your report there's 205 niches, if you will, and one blew my mind. the one

suspension of four players late sunday negativity after a viral footage appeared to show several michigan state players attacking a michigan state athlete in the tunnel following the game the university of michigan's athletic director said police are investigating the incident several wolverines players denounced the fight on twitter and here is what michigan's a.d. had to say to reporters. >> i intend to let law enforcement handle it. but this is not what a rivalry should be about. >> michigan state's a.d. apologized to michigan and said he would be cooperating in the investigation. >>> now to week eight in the nfl. and the packers and bills battling in buffalo. >> gene kelly, drew smith and actual tual guys here. second quarter, allen shot to the end zone, touchdown! >> stefon diggs kicked off a 17-point second quarter for the bills. aaron rodgers fought back with a couple of long-scoring drives. but it wasn't enough to get past buffalo. the bills beat the packer, 27-17. >>> and atlanta, pj walker threw a hail mary attend of regulation and d.j. moore answered. all he needed was the extra point. did not go in overtime another missed field goal. but a pair of them would do them in th

police are investigating after video shows multiple michigan state players scuffling with a university of michiganter last night's game. it happens in a tunnel at the michigan stadium. you can see the players. they were punching and kicking the other team's defensive back. university of michigan coach jim harvest said they later salted another player. it is the second postgame fight in that ann arbor tunnel this month. and the new york times reports elon musk ordered job cuts across twitter starting as early as this weekend. the scale of the layoffs is unclear. twitter employees about 7500 people. musk completed his 44 billion dollar takeover of the company on thursday. now to that tragic news out of seoul, where hundreds of people dead after a halloween event turned into a stampede. the death toll has now risen to over 153 -- at least one american among the dead. nbc news contributor, thomas, is in seoul, south korea, for us. thomas, it's so hard to get our heads around this tragedy. how many people died. how are people coping with it? >> i think here as well, at this point, it is still shock and

which is the reason we cared about the university of michigan sentiment survey so much. ing on more. do they pivot back to the pce, the core pce kind of metric to determine when to really take the pedal off the break? jonathan: i would like to give mike mckee the final word going into payrolls. mike, you're number one thing you are looking for? mike: job growth. the fed is looking for a sequential slowdown. we could look at the unemployment rate and participation rate, but the fed has gotten to the point where they don't think the precipitation -- the participation rate is going to go up more. let's look at the headline number. one thing mary daly said is, we are data-dependent, and data is a plural word. they are not just looking at pce, they are looking at every other inflation measure, and the university of michigan. they want -- what was the word? totality. jonathan: the totality of the data. jeffrey rosenberg is going to be with us as well to break down that number in about four and a half minutes. here is how the stage is set. the equity market not doing much at all

coming up saturday morning, director of poverty solutions at the university of michigan talks about thein poverty levels. then, washington times reporter alex sawyer talks about her podcast. this is about the supreme court. watch "washington journal" live on c-span, or c-span now, our free mobile app. join the discussion with your phone calls, facebook comments, text messages, and tweets. >> on capitol hill, the senate returns on tuesday. centers will begin debate on the 2023 program and policy issues. they are back for midterm elections on monday. lawmakers will continue their talks on the house and senate floors. this funds a government there next year. this will expire december 16. watch live coverage on c-span, the senate, c-span2. you could also watch on our free video app or online. >> up-to-date the latest on publishing. current, nonfiction leases. you can find it on c-span now, our free mobile app or where you get your podcasts. >> there are a lot of places to get political information but only on c-span2 get it straight from the source. no matter where you are from or where you

he earned his law degree at the university of michigan in 1972 we codirected the challenge of the louisiana democratic structure that resulted inan african-american chairman. majority african-american delegation being set to the national convention. the first time since reconstruction. he is executive director and initiative project incorporated. a nonprofit organization that works to ensure quality education for all children. especially children of color and cathe chronically undeserved ths book the movement made us, give him a hand please. [applause] mark cox doctor leslie brought. >> the more is currently vice mayor and a member of the board in his hometown. doctorpi michael moore is a veteran of the mississippi civil rights movement leading a boycott of classes in his high school to leading the initial chapter of the naacp on campus of west college. he is to look voted his life to social justice issues. whose vice chair in the founding member of the mississippi freedom democratic party, he was the second youngest member of the delegation in 1964 the democratic national convention. he ha

the study by columbia university and the university of michigan was released today but has not been peer reviewed. health researchers have released new data now showing the most common covid symptoms have changed since earlier in the pandemic. the study looked at covid patients who had to vaccine doses one vaccine dose or were not vaccinated. they all report having a sore throat, runny nose, persistent cough and headache at the beginning of the pandemic, shortness of breath. loss of smell and fever were the most common symptoms. pg and e looking to conserve energy and a novel greenway. why do you tell the giant is giving away trees and who can expect to get one also ahead, the uk prepares for a new prime minister tomorrow, the bay area tie that has a lot of people talking that's coming up after t break. with. arbor day foundation to locate and provide available native californian trees and distribute them to certain locations across its service territory. the arbor day foundation's as trees are a natural way to conserve energy by providing shade and cleaner air. customers can sign up for

when i was in school at the university of michigan the story was home or rectus and homo sapiens and then what do we do? a different species or part of the heritage? and now studying upright walking the pleistocene was not that interesting so let's go back to the pliocene. that is interesting there's a lot going on there so the earliest evidence we have with the evidence that we do it's interesting that just a few hundred thousand years later with those footprints so we are getting closer to what darwin was talking about potentially and i am wondering that could it be that bi-pedalism two.zero is what frees the hands to start doing things like making stone tools? >> i think that possibility is on the table and those bipedal origins also brain size and management which we know is probably not part of the story but you are absolutely right if you go back and then the oldest stone tools at one.eight. so it looks like darwin was wrong that the two are chronologically not aligning then stone tools that are two.six found at the site of go now. we are getting closer. humanlike bi-pedalism di

to long-term inflation expectations falling in the surveys from the new york fed and the university of michigan. although those declines may partly reflect falling gasoline prices, they provide some evidence that inflation expectations are well anchored. the data on actual inflation, however, has shown a slower decline than i had anticipated and i am seeking to better understand the reasons. i am focused on the leg between signs of easing price pressures and actual inflation coming down from these high levels. do -- the surgeon inflation was due to the incomplete recovery of aggregate supply from pandemic related shutdowns. global supply chain disruptions had especially wide reaching effects. this year, russia's invasion of ukraine sparked a surge in energy prices and affected the global food market directly by reducing shipments of commodities like grain and indirectly by curtailing our fertilizer production. in recent months, some of the upward pressure from these forces has begun to wean. supply bottlenecks appear to be the norm and global oil and commodity prices have declined. this largely

university of california and the university of michigan have argued against banning affirmative actionersity that campuses and schools need without using affirmative action. so this case will be closely watched. the oral arguments will happen monday. and at some point, this conservative court will decide potentially banning affirmative action nationwide. jessica schneider, cnn, washington. >>> officials in jacksonville, florida are condemning antisemitic messages that appeared in the the city during the weekend during the georgia florida football game saturday. this message appeared outside scrawled on the stadium wall reading kanye is right about the jews. it is a reference to the series of antisemitic comments the rapper made about jewish people recently. other videos on social media show the same message visible on at least one building in jacksonville saturday night. >>> new york city will pay $26 million to settle lawsuits filed on behalf of two men wrongly convicted in the 1965 assassination of malcolm x. the men served more than 20 years in prison. they were exonerated last year

personal income and the all important university of michigan consumer sentiment. we are also getting some cpi out of spain. this is for october, a preliminary figure. it is rising 7.3% year on year. let's get straight to the markets with justina lee from our cross as its team. the markets are all over the place, especially as tech stocks declined on the concern of the outlook. what is happening globally? justina: we are seeing concerns of an economic slowdown everywhere and that is why we have seen a rebound in global bonds lately and stocks falling again. on the bond front, people are talking about peak tightening again, especially in europe where there has been some discussion about whether ecb officials are looking ahead to whether to keep up with this pace of tightening to curb inflation. we talk about the fed pivots every two months. what is priced in? justina: people are so fairly certain that we will get a 75 basis point coming up, pivot talk now is being more pushed back. still have the elevated inflation figures. we will get an update again today and trade

after cpi thursday, friday the university of michigan has long-term inflation expectations, so it will be key ahead of early november with the federal reserve has their second to last meeting of the year. depending on what happens this week, it is when to set the tone, especially ahead when we could see the third quarter gdp numbers with the first initial reading on that in a couple weeks. it is going to be a lot and especially ahead of midterm elections. tom: we can talk about geopolitics and russia and ukraine. the action on china and the semi conductor space of how difficult it is to price and the deteriorating geopolitical dynamics. alix: absolutely. whether it is in relation to russia and ukraine or the china situation, this is a reminder that political risk is always simmering in the background. it is the wildcard that has plagued markets this year, not really having a lot of visibility and where we will go in lockdown progress and then later on the warren russia and ukraine, which is still going on and we are still seeing reverberations of that in different ways, whether it is e

already nine states ban if use of affirmative action in admission decisions at public universities. but leaders at the university of california and university of michigan say their race neutral admissions policies have not worked. telling the supreme court they haven't been able to significantly increase enrollment of under represented minorities since affirmative action bans in their state took effect. >> i know in california there have been definite attempts to try and even the playing field in other ways. and they had a limited impact. there's a chilling effect when students don't feel welcome either by legislation or otherwise. they're not going to want to come fto a university that bannd affirmative action. >> reporter: now it's up to the supreme court to set the final word of whether affirmative action can continue. >> i want to see affirmative action being repealed and become illegal across the country. >> i think i speak for myself and other black students that we are scared at the end of the day. >> reporter: now the supreme court has approved affirmative action for the last 45 years but crucially here when it was affirmed in 2003, justice san

consumer confidence bounced back in the university of michigan last number. that becomes a trend maybe this is all overload -- this is all overblown. that is not the shape of things right now. alix: that would mean some kind of dollar peak but it also seems every fed official that speaks is in no way saying that. fed president charlie evans in his speech in chicago said i see the nominal fed's rate rising in remaining at this level for some time while we assess how our policy adjustments are affecting the economy. that is get there fast, frontload, and stay there. how does that become a pivot for the market? jordan: the market is always trying to price and what comes next. it would be more like 5.5, and extra 100 basis points above what he was talking about there. if there was a pause, that means everyone thinks what is next? the direction for most people will be rates are heading lower, when? when that pause comes, that is the fed pivot. the question is how quickly will they cut rates and why? if it is a normal slow down, then maybe we have 25, 25, 25, which

also, tomorrow we will get the university of michigan's consumer sentiment survey which will have shorter and longer term inflation expectations. some thing that's interesting, cpi data actually has moved markets a lot more frequently than some of these other inflation data points this year. inflation cpi, seven of the 10 times it has come out, markets have been lower so we might not see that volatility tomorrow like we normally do on cpi days. kathleen: big picture, for years it seems buy tech, people would buy those same five shares over and over again. are people realizing the world has changed, you can't do that anymore? >> i talked to a number of chief investment officer's today to see how are they positioning portfolios for clients. they were telling me, it's not like everything is over for big tech, they were too pricey given what happened during the pandemic they were obviously the leaders that brought the stock market back to records. they just elect those p/e ratios were just too lofty. when you look at the s&p 500 retracing all of its gains, looking back to say february 2020, t

the schools in those states that has actually banned affirmative action, university of california and the university of michigan have argued against banning affirmative action because they say it's just not possible to get the diversity that campuses and schools need without using affirmative action. so this case will be closely watched. the oral arguments will happen on monday. and then at some point in the spring or early summer, this conservative court will decide potentially banning affirmative action nationwide. jessica schneider, cnn, washington. >>> respiratory illnesses like rsv are causing a spike in medical center admissions. u.s. pediatric hospitals have been swamped by patients in recent weeks. and doctors are worried that colder weather will boost surge in respiratory illnesses. >> we're having three respiratory viruses out there at the same time kind of revving up. the first is, of course, covid. that's been with us for a while. second, as you and elizabeth just were saying, influenza has struck early. a month to six weeks early. and i want is seemingly preferentially hitting children. then there'

many of the universities there are actually nine states that do, in fact, ban affirmative action and the university of california and the university of michiganve argued to the court that, look, in the years that we have not been able to consider affirmative action, the racial diversity of our campuses have been negatively impacted here. they're saying they need affirmative action. we will see how much of a count the court takes that into effect here, but big arguments today they should be rather lengthy all beginning at 10:00 a.m. erica? >> a lot of focus on this. jessica, appreciate it. >>> just about ten minutes from now opening statements set to begin in the criminal tax fraud trial against the trump orgs. former president trump isn't a defendant in this new york case, he is not expected to be implicated in any wrongdoing. the outcome, though, could have an impact on his real estate business. the charges, nine counts of tax fraud, grand larceny and falsifying business records are the closest any prosecutor has actually gotten here. cnn's kara scannell is outside court here in manhattan. so what more are we expecting today, kara? >> report

joined now by professor mary gallagher, director of the centre for chinese studies at the university of michiganve a good speech outlining everything that he is... everyone looking for changes in the zero covid policy will be disappointed can you tell us if people actually blame the economic situation on president xi. it is very hard _ situation on president xi. it is very hard to _ situation on president xi. it is very hard to answer _ situation on president xi. it 3 very hard to answer from afar or evenif very hard to answer from afar or even if you are in china right now. because it is very difficult to get people to talk candidly about their opposition or dislike of xi policies. we know people have complained a lot online about zero co. vid most recently about the lockdowns that have been happening in shanghai in other cities. whether or not they blame xi and whether or not they would openly denounce him i think is very unlikely. but we know that zero covid is having an immense effect on the economy, unemployment, and people's mental health. people in china have been going through this for t

and leah litman is a professor at the university of michigan law school, co-host of the podcast and -- leah, let me start with you on the michigan question because i do think it's a fascinating snapshot of the politics of this. it first came to my attention through you calling my attention to it. what is going on with the ads there that abortion opponents are running in that state against a state referendum? >> i mean, the bottom line is they don't want to have to defend their actual position on proposal three and abortion. because their positions are equally unpopular so, the proposal three, there's a abortion ban that bans abortions at all stages of cash pregnancy. -- so because they don't want to state their position and say yes we are advocating for a world where abortions are banned in all cases and all stages of pregnancy. they are just trying to shift the topic of conversation to the four state vote which is trans children. so there insisting that proposal three with somehow grant minors the ability to obtain gender affirming care and maybe to sterilize themselves without their

the research by columbia university and the university of michigan contrasts sharply with pfizer andond tech's -- biontech's claims about the data. it needs to be confirmed in larger studies. global news 24 hours a day, on-air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. shery: elon musk is set to close his $44 billion twitter bio by friday. the latest on the takeover saga, next. this is bloomberg. ♪ shery: bloomberg has learned that elon musk is pledging to close his twitter deal by friday. let us bring in sarah, is this going to happen? what are we hearing? >> this is what he is telling the bankers. he says he needs the money and that this is the first step to closing this in time for the deadline which is friday at 5:00 p.m. eastern. it looks like everything is on track. i would not put it past any of the parties in this deal to let something get in the way. it is still possible things could all apart but we are the closest we have ever been to seeing this $44 billion transaction complete which would really be an incredible

university of michigan study link term exposure to fine particles nitrogen oxide and ozone to weightn among wome in their late 40s and early 50 s. why are they studying that the study also found that they exercise where they lost it. i did not find a surprising. >> they will well and never study that of course exercise o junk food but they will look at ozone particles there is no saf painting for me. so you expect us to believe tha if you breathe faster your gets wider christian mark it's not the doughnuts of the coffee the m&ms at the ring in the morning. none of that. it's at the air. okay whatever you say. it's beautiful combine that wit big big boned. i'm on a note breathing diet. >> she's got a hold her breath prep from floating away. it sounds like such an amazing scam it would work. this is like a great infomercia the inner day diet and its you just hold your breath at 20 seconds a minute and you will lose 50 pounds a. >> and stopped drinking water because that is so full of calories. they're probably using the smog to hide in the shadows and eat cake. people are getting too f

i was in grad school at the university of michigan story very much was right up to homo sabeans than at do with the other souls? that's we argued about pay where the different species or were they part of our heritage? so to me the study of upright walking it was really interesting. already evolved human bipedal is him. so let's go back. now the scene is really interesting there's a lot going on there. >> if we go back to the earliest evidence we have walking more or less like we do it is interesting the oldest known tools are a few hundred thousand years younger than those footprints. so were getting a little bit closer what darwin was talking about potentially. and i am just wondering sort of how you see things aligning there. could it be bipedalism 2.0 is what frees the hands to start doing stuff like making stone tools for quick setting that possibility us back on the table. this wasse darwin's idea of bipedal origins. he also incorporated brain size enlargement which we know now is not part of the story that does indeed happen later. but you are absolutely right. if you go back t

we've heard from some universities in those states, particularly the university of california system and the university of michiganresulting years after affirmative action has been banned, they say they have not been able to achieve the racial diversity on their campus that affirmative action allowed. so these colleges saying for the most part it's been a detriment to them. but it does seem that this court is poised to overturn their own precedent and possibly ban affirmative action. it's something we'll know more in the next year. their opinion likely issued in the spring or the summer. ana? >> jessica schneider from the supreme court. thank you for that report. >>> it is a murder case that shocked a small town and gripped the nation. now years after two eighth grade girls were killed on an indiana hiking trail, police have made an arrest. details ahead. (snorting) if you struggle with cpap... (groan) (growling) (chuckle) ...you should check out inspire. no mask. no hose. just sleep. (beeping) learn more and view important safety information at inspiresleep.com. because i trust their quality. they were the first

got really ugly, right when i started to look at sentiment studies, and you are looking at university of michigan consumer sentiment, and other things, and all those levels were unprecedented lows since being measured, and they were the lowest they ever had been and people started to get super nasty on twitter like never before, and what lloyd is saying there is that it goes too far, and there's too much negativity. that's where the truisms come in be greedy when others are fearful. buy when there is blood in the street those truisms are always true. they always happen what i saw when looking at the sentiment numbers, it's the same thing, often times it's wrong, and the piling on and the pendulum swings too far, and there was a dislocation between sentiment and how people are feeling and what the actual valuations re. this is bad what we are in, but this is nothing like '08 and '09 or march of 2020 too much money was put in and now it's coming out and the riskiest assets got the most inflated and are coming down the most, and you look at the dow jones, it's down on 0.17 not everything is so bad o

following the cpi report on thursday, we will get on friday, the university of michigan will have their three to five-year inflation expectations. even with lael brainard's statements, she still said policy will need to be retreated for some time to ensure inflation does move back to the target. that echoed other fed official statements from last week. we heard from the chicago fed president. he said the fed needs to get to a level policymakers can feel comfortable pausing to reduce the risk of overshooting. it is interesting because a lot of these fed speakers have noted investors are getting confused with a fed pivot they are indicating even if there is a pause in the policy it could stay there for some time. haidi: we were just talking about these warnings from the imf and the world bank. we heard talking about in balancing act. take a listen to the world inc. president and what he has to say about the risks of a global recession. >> the risk and the world -- the real danger of a recession next year. the advanced economies are slowing in europe. the debt levels for the developing cou

particular, two schools who are in states that ban affirmative action -- the university of california as well as the university of michigan. they say in the years since their states have banned affirmative action, they just haven't been able to get the diverse student body that they had previously gotten when they used affirmative action. so there is a lot at stake here for these colleges and universities and, in turn, the students who go to these colleges and universities. but, pam, it is quite likely that this conservative court could once again upend precedent and tell these universities and colleges to stop using affirmative action. we'll see. the oral arguments begin at 10:00 tomorrow morning. pam. >> yeah. really big case. high stakes. jessica schneider, thanks so much. >>> still ahead for you tonight in the newsroom, with time running out, what do democrats need to do to win over undecided voters? i'll ask the former virginia governor terry mcauliffe coming up. >>> also for you tonight, president trump is back in florida. could these two republican stars be battling each other? >>> but next, twitter's new owner was

encounters in september, highest september in dhs histsry and the equivalent of two full-capacity university of michigan football stadiums. fiscal year 2022 ended with nearly 2.4 million migrant encounters equivalent to the population of houston and it's the highest fiscal year ever recorded, not including 600,000 known got-aways in the year. there were also 98 border patrol arrests of suspects on the fbi's terror watch list in 2022, nearly quadruple the previous five fiscal years combined. cvp sources tell fox in this del rio sector in the first three weeks of october alone, there's already been more than 29,000 illegal crossings here. in the rio grande valley, video provided by a law enforcement source shows a group of drug smugglers in broad daylight loading up a waiting vehicle with bundles of drugs. >> tucker: so this country's never seen anything like this. this'll change america forever in ways we can't even anticipate. what are democrats saying about it? well, they refuse to acknowledge even that it's happening when melugin confronted them in congress about the state of the border, they ran away

of davidson college. and his dad david dennis is a civil-rights veteran. he attended baylor university and earned his law degree at the university of michigan in 1972. he codirected the challenge of louisiana democratic structure the result was an african-american delegations being sent to the national convention. the first time since reconstruction. he is the executive director of the algebra project ink a nonprofit organization that works to ensure quality education for all children especially children of color -- especially all children of color. give him a hand, please. [applause] dr. leslie burl mclemore currently vicemb mayor and membr of the board in his hometown of veteran of the mississippi civil rights movement boycotting classes in this high school to leaving the initial chapter of the naacp on the campus of west college. leslie burl mclemore is devoted hisyo life to social justice issues and vice chair founding member of the mississippi freedom democratic party. leslie burl mclemore was the youngest member of thelo delegation in 1964 the democratic national convention. dr. leslie burl mclemore is followed -- and received his b.a. from we

animal species, and now we're learning it triggered a mega tsunami the news comes from the university of michigan scientists put together these animations to show the global impact of the tsunami. they estimate the impact was nearly nine miles wide and likely weighed 2 quadrillion pounds, a two with 15 zeros heavy. so heavy that this model shows the height of the waves. some of them more than a mile high scientists compare the mega tsunami to one that hit sumatra in 2004 that killed 200,000 people the mega tsunami had 30,000 times more energy than that one. the reason tyrannosaurus rex is only in museums. >>> are hot dogs and chicken fingers the secret to a long life elaine terry has lived 104 years long and she says yes. her mom had ms. terry in 1918. she grew up during the spanish flu epidemic and beat a bout of covid at the tender age of 102 she moved to new york from ohio at 16. her motive was showbiz she sang jingles with legends like the rat pack and joan rivers with her friends and family and care givers by her side elaine terry blew out her birthday candles by herself. and she's been eati

director for counterterrorism at the national security council and associate professor at the university of michigan'sr friend joyce vance is back with me. mr. ali, let me go to you on this. this is scary stuff. i don't understand how somebody could possess this kind of very, very sensitive material and the fbi knows that he had it because they took it from his house, and not be in jail. your thoughts. >> joy, thanks for having me again. and based on the most recent reporting today about what apparently some of these documents reveal, certainly the ones that had the top secret sci markings that you have shown on the images before, as a former intelligence analyst and someone who used to write these kind of intelligence products for senior officials, this confirmed an assumption i had that the very highly classified documents that president trump had were probably being delivered through an intelligence product called the presidential daily brief, and as the name suggests, it is a product that gets delivered five to six days a week to the president. and other senior officials. and within it, it contain

>> weathering is a concept that was brought up by doctor arlene geronimo'sat the university of michigan . she'd been thinking about this since she was basically an undergrad. >> studentcams.org it played out in covid because you saw people getting covid at younger ages but weathering is a dual concept. eemboldening the way, being blk in america and our bodies the way a storm, the weather a house. house is weathered by a storm. the shingles get knocked off, windows break but we also weather the storm and that means we have to take care of each other through kinship and community and love. i like that concept and rebrilliant she gave it that poetic name but it is evident based, data driven concept she was attacked for early in her career because what she was saying and not team who gets pregnant driving up rates of low oubirth weight and preterm birt, it's slightly older black women who have had to endure discrimination in america so people were saying she was supporting teen pregnancy and noten being a good advocate and she was attacked. she lost her job and now because reproving, she's

>> weather and is a concept that was thought up by doctor arlene who was at the university of michigan. he has been thinking about this and she was basically anw undergrad. i don't to tell her age but she is probably 70. she has been thinking about this, research it, looking at and arguing about it. it is the idea -- she has looked very closely black women mostly run infant mortality. it's the idea that something about the lived experience of being black in america, especially black woman causes a kind of premature aging. thinking is every time something happens toat you in the form of discrimination, bias, racism, your body kicks into a kind of fight or flight syndrome. so your heart starts racing, your blood pressure goes up your cortisol level rise. this makes sense because fight or flight is important. it is about survival. but, if it happens over, and over, and over again because you are trying so hard just to survive it creates what she callslsan weathering. that is a premature aging that is played out in covid because you saw people -- black people getting covid younger ages tha

i went to college university of michigan and started working in a prison in south carolina, five years and i saw the belly of the beast and i saw evil. i was supposed to supervise 127 hard-core felons every day and i was most of the time by myself so i had to understand evil and i saw a lot of young black men, the clinton crime bill, started asking black intelligentsia why does a black man get backed up like this, in 1990 they had 40 on that case. they told me it was a bunch of rich white republicans who hated black people so i left my post working in the ghettos and i saw no rich white republicans down there. you would see a leprechaun before you someone. i saw a bunch of black democrats, the entities outside making money off the chaos, black politicians, black civic organizations, the iron triangle, that is my first book, this is a sequel to that and as i studied and saw these were connected to the democrat party and found out their number one goal was to make sure they get 90% of the black vote for the democrat party period, full stop by hook or by crook and that is what they have b