Joining us cat zakrzewski the Washington Post john hendel of politico and ilhan omar of axios. Mr. Dalewood would start with you what you think is going to be one of the major issues that the incoming byte Administration May face . Guest one thing that the byte Administration Early on is going to have to figure out what to do is they are inheriting a google transit from the doj and there is speculation about how politically motivated it may have been but never asked about the text of this thing. Its fairly narrow in fairly focused on issues that democrats have raised as well about the market power of google so they have to decide okay almost certainly they will continue to litigate this but do we want to expand this, do we want to try and look at some as state attorneys general who are also investigating google. It has the support of a group of bayji is that there are republicans and democrats looking at the stuff to sell how expansive do we want to go on antitrust . Host do you think
There is the fear of less demand, which will certainly happen if parts of the u. S. Economy perhaps do not go under lockdown but some sort of shutdown. Decca dampened Economic Activity. As well as the demand for consumers and the like. We have bonds higher with a 10 year yield, down five basis points. What makes this so interesting is, over the last few weeks, it felt like it has been risk on. That is not the case. Markets are onto this. The last couple weeks have been risk off. The s p 500 is down over that time period, the yen is higher, and tensions are subtle to the touch, but when we are moving toward risk off, there may be obvious catch for stocks ahead, pointing to the idea that july could be a bit difficult, especially if the Second Quarter Earnings Period turns out to be more difficult. Stay tuned but certainly a risk off day within a risk off week. At this point, much of june is risk off itself. All of this on the worsening virus data in the u. S. David just what we need is a
Revenue still going. We will see how this develops. The Second Quarter sees europe shine with the sector moving 2 . Premiums will stay elevated to combat inflation. There is inflation pressure, but we have rate increases and those are we have the ben pefit from investmt income. And we await the latest inflation print with the Federal Reserve possibly looking to the end of the hiking cycle. And disney revealed a larger than expected subscriber loss. Bob iger pledging to sharpen focus. We are prioritizing our brands and franchises and rationalizing the volume of content we make and what we spend and what markets we invest in good morning. Welcome to street signs. Lets kick off with data from italy. These are the fresh numbers in july the final cpi for the month has come in down 1. 6 month on month against the preliminary estimate we have inflation up 6. 3 . That is a touch lighter than the 6. 4 forecast. In terms of the final july cpi index, that was flat month on month. Key inflation wa
The Union Address and the interruptions and protests that came of it. Then rates are going up once again for pg and e customers. The new sticker shock sparking more outrage. Live from jack london square. This is mornings on two. The night. Today is friday, march 8th and were looking live at jack londonusquare in oakland. The weather looks really nice be nice, but then theres going to be a change. This weekend. Another big retailer in San Franciscos union square is leaving the Global Fashion brand zara will be closing on post street. The lease for the building will expire in january, and theucompany will not renew it. Zara has another store at Emporium Center, which used to be known as the westfield mall. That store will stay open and north face will also be closing its store at union square at the end of the month. The Outdoor Clothing Company Started in San Francisco. In the past severalc months. Use. Union square has seen several stores close the newly renamed Emporium Center Shoppin
Good afternoon, everyone. Obviously, we have a lot of work to do in a very short period of time. We have to figure out how to fund the government past september 30th. We have to have as close as we can to a regular order process or appropriations. Senator collins and senator murray have done a spectacular job of at least getting the bills out of committee, which hadnt happened in the senate in five years. So thats a step in the right direction and then theres a supplemental and as all of, you know, i think maintaining our support for ukraine is extremely important. Number one, virtually, all the money that we are allocating for ukraine is actually being spent in the United States to replenish our industrial capacity. Secondly, we havent lost anybody. Not a single american has been lost. Third. I think its important to remember that we have a country here fighting for their independence, degrading the military of one of our biggest rivals, rivals. So i know theres a difference of opinio