Will get tomorrow, and what you can expect as we look ahead to the weekend. What you can expect for the roadways this morning is mostly travel times in the green with the realtime traffic center. The only exception is the Altamont Pass. The dry time is in the yellow. It is not terrible, especially this time of morning. It is only a 35 minute ride. Elsewhere, you look good no matter where you are going. Lets take a live look out to 24. Plenty of people are headed westbound towards San Francisco. Nothing to report as far as major issues, accidents, orthodontic just plenty of company. Lets take a look at the san mateo bridge we have plenty of company in the westbound direction. Not as much as yesterday. It is still relatively clear. Very few brake lights in the eastbound direction looks better than that. The bay bridge stacking up in the cash lanes. The meeting lights will turn on probably in the next 15 or 20 minutes. In the meantime, just passed here, you are good to go. We are watching
We saw weaker thereasury yields last week. The 10year treasury at 4. 7 . The 2year treasury at 5. 07. Meantime, israel and hamas denying reports of a ceasefire to allow Foreign National palestinians to cross the border to egypt from gaza. Today, the temporary border was an supposed to allow temporary aid to enter. It is unclear if the border will open. Last night, President Biden spoke on 60 minutes and warned of the mistake they would make of occupying gaza. We are going to do everything within our power to find those who are still alive and set them free. Everything in our power. Im not going to go into details of that. Were working like hell on it. Senator Chuck Schumer visiting israel over the weekend. He posted on x that the delegation was rushed to the shell toter to await out rocket fired. He plans to lead a Bipartisan Senate package for israel. Lets get back to the congress. The Senate Returns from the weeklong recess today, but without a House Speaker. No legislation can pass
Again to an impossibly distant 2015. , the year that film comes to mind as i think about the changes we are seeing in how seniors approach work and retirement, the topic of todays hearing. For most of the past century, seniors have been withdrawing as americansforce came to view retirement as a time of uninterrupted rest and leisure that could last for decades. Ofthe year 2000, only 32 werecans age 55 and older still working, and the average age of retirement had dropped to just 63, but the babyboom generation has reversed this trend. Today, 40 of workers 55 and older remain in the workforce, a ratio not seen since the eisenhower administration. Remainingoomers are in the workforce longer for many reasons, but one leading reason is the need for Financial Security. Many americans today dont have the resources they need to live comfortably and retirement without working. It used to be said that Retirement Security was a threelegged stool, the first leg being an employerprovided pension,
Michael flynn is getting help from his family in setting up a moneydefense fund. The will help cover legal fees for the investigation into russian meddling in the 2016 president ial election. Flynn is among a dozen former Trump Campaign officials that could face steep legal costs following the appointment of special counsel robert mueller. Misled vicedly president pence. He resigned weeks after President Trump took office. Barack obama has become a hit on wall street according to a person familiar with the matter. He was paid 400,000 last month to speed to clients of northern trust. Last week he spoke to carlyle atup and next week, speaks the health care conference. Global news 24 hours a day powered by 27 hundred journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Live from bloombergs World Headquarters in new york, im julia chatterley. Scarlet im scarlet fu. Joe im joe weisenthal. Julia 30 minutes from the close of trading and optimism is in the air.
Income countries. The world bank has raised capital has an raise capital since 2010. Two out of five americans said that they would need 1 million or more to retire comfortably, according to a survey from the Employee Benefit research institute. The organization has Research Showing that 10 of people with 401 k retirement plans have at least 200,000 stashed away. News, 24 hours per day, powered by 2600 journalists and analysts in 120 countries. Im a mark crumpton, this is bloomberg. Im mark crumpton, this is bloomberg. Live, from bloombergs World Headquarters in new york, im scarlet fu. Joe and im Joe Weisenthal. Scarlet u. S. Stocks heading to one of their steepest declines of the year. Joe but the question is, whatd you miss . Scarlet thanks ox seen relentless selling, falling as much as 3. 7 , the biggest decline since the monday after the brexit vote. Washington, Top Republicans warning that a failure to repeal obamacare could endanger the goal of a massive tax cut that the white h