Down. Goldman says we may be stuck in this range for awhile. Lets start markets and fed today, jim, a lot of discussion about whether it would be a good idea for yellen to say lets have a presser in july on the off chance we move. We might be able to explain it better. I think that would be terrific. I think yellen has been the person who has been the least yelling. She doesnt yell. She is considered. When you have someone considered as she is. She is looking at the data. A lot of people criticize the fed. Im not going to. She is trying to arrive at the right thing. Imagine if you tighten it and they got the 38,000 number. They dont know what theyre doing. The evidence shows they do. The endless criticism of all Federal Reserves and all of Central Banks around the world bothers me. I dont think im a fan because he had to reverse rate hikes. I dont know what japan is doing. They seem erratic but im not a critic of the fed. I think the fed is trying it do it right. I think yellen will do
School should not be something that youre forced to go but somewhere that you want to go. Change is mostly good. That is our show. Now its time for john stossel. John changing faster than ever. Struggling to keep up. In some ways the changes are clearly good. Robots like this are definitely helping to grow jobs much more quickly. They take away the backbreaking tasks and that allows the workers to do all of the highend jobs. That is if they find highend jobs. But what if most jobs disappear . Companies planning to replace human jobs with machines is growing. Human instinct tells us that would be better if no one ever lost a job. Politicians often demand that unions be protective, but americans would not be better off if telephone operators and clerks had their jobs protected by a compassionate law. Those workers lost jobs because now money once paid by them is put to better use. In the media we almost never tell such a story. Its partly because we can only report on what we easily see
Administration in jeopardy. A federal judge has suspended an injunction that blocked her appointment of her mentor, former president , as her chief of staff. Global news 24 hours a day, powered by our 2,400 journalists in more than 150 news bureaus around the world. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Coming up, apple set to unveil new products at an event on monday. Will we see an unhackable phone in the lineup in well ask the experts. Plus, its a Virtual Reality hat trick this week. I sit down with h. T. C. s head to check out their new hardware. And the show time. As the network sets out on an ambitious expansion. We catch up with the man leading the charge, the c. E. O. First, to our lead. Silicon valley gearing up for announcements from apple on monday. One day before a major ruling in the San Bernardino case, which could determine whether apple is in fact required to unlock the gunmans iphone. So, what can we expect from this event on monday .
Particularly now as we see conditions growing as people survive heart problems and stroke problems, we see more people with alzheimers and cancer challenges, and we see the potential for designer medicine, largely because of the great work that was done to figure out how to define and understand the human genome system in a better way. This year this committee, the Sub Committee and the full committee placed a high priority on this research, and we have planned for and have a bill that includes 2 billion of extra money for that research, an increase of about 7 over current years spending, over the past decade, with not much new money going into nih, the purchasing power at nih has decreased by about 22 , and we hope to see that reverse if we are successful with what we are trying to do to provide the increase that we are looking at here. These are clearly difficult budgetary times and i am sure we could spend a lot of the time in the hearing talking about how there should be money for
Assignment im monica malpass. Big story is deadly end to go a Police Confrontation in delaware county. The it happened at the the apartments at 7 00 tonight when a man called officers to say he himself was a danger. Christie lleto live near the scene and picks up the store friday there, christie. Reporter monica, police say they repeatedly told 54 yearold to drop his weapon and he apparently continued to come at officers even after being taserd. He came, with them with that knife. Bishop hill use caution a apparently coming out of the apartment and said he is dangerous. Reporter chopper six captured the moments as police shot ape killed a 54 yearold man who refused to drop a knife he was carrying after repeat command from police. Flashing lights, quickly filled parking lot of the bishop hill apartments. Kept on coming toward the officers and finally, the the other officers, in fear of their life opened up fire. Shots fired. Shots fired. Bishop hill, shots fired, shots fired. We have gu