Across this nation and worldwide. In morning on bloomberg television. Coming up, an important conversation with the vice chairman of the Federal Reserve system, Richard Clarida of columbia university. Jon, were way out front on the collapse of the United Kingdom suffered on the pandemic. But the bombshell you and i didnt see was the Prime Minister taking this Natural Disaster out to march of next year. Jonathan and maybe beyond. We certainly didnt see that in march 2020. We had three months of happy talk around europe versus the u. S. Many people have come on the program and talked about it. The data is not great either this morning. The service data softer than people expected. Manufacturing data ok. Do we start to hit some road bumps not just on the policy around covid, but also on the economy and this recovery . Tom what is your measurement of the American Economy now, in the many conversations you have on this . I am getting the sense of down big, up big, but i dont understand wher
The speaker the house will be in order. Pursuant to the order of the house of january 4, 2021, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. The chair will alternate recognition between the parties. With time equally allocated between parties and each member other than the majority and minority leaders and minority whip limited to five minutes. The chair recognizes the gentleman from illinois, mr. Quigley, for five minutes. Mr. Quigley thank you, madam speaker. And now mr. Speaker. By rejoining the Paris Agreement, President Biden has promised the world the u. S. Will retake its position in the fight against Climate Change and be true to its word to meet our commitments to reduce Greenhouse Gases and now it falls to us, it falls to congress to prof. The president right. Prove the president right. Despite the confused, disingenuous and false rhetoric around the Paris Agreement, in reality, it is catalyzing, measur
When looking at fiscal years 20, 21 and 2122, its important to note the significant reduction in state revenue state reassignment, ab109 dollars and while they continue to remain fairly stable, ab109 allocation have been significantly reduced. We are projecting an increase in Grant Funding from the star, which grant through department of publichealth, which is the supporting treatment and reducing recidivism grant, and two additional grants that adult probation has applied for to assist in expanding housing opportunities and treatment for justice involved people with Mental Health and co occurring disorders. Both our bureau of justice funding opportunities that we are very hopeful that we be competitive and eventually decide. To help with that program and then certainly an increase due to the other two grant opportunities if wore fortunate to get those. The increase in rent from 20192021 is over a Million Dollars. And that is due to the departments pending relocation to 945 bryant in t
Will august, a traditionally difficult month for stocks bring more record highs . Were on dow 22,000 watch. White house says new chief of staff has Anthony Scaramucci out. Under armour, well look at the stock and the competition. All three indices saw a record like the dow and the nasdaq, s p posted eighth positive month in the past nine. Its been quite a run. A lot of that, though in dows case, has been boeing. Boeing is the new thing its really incredible y had some laughs this week where i read boeing, sell to hold this was, to me, the biggest cap stock that had sales on it not netflix, not tesla, but boeing there was a moment where one of the analysts said is it as really as good as the cash flow real not only is it real but its spectacular. I really do think there was kind of a misdirection play a lot of people felt boeing could be like, say, some of the like a ge and it wasnt. How do you miss boeing, though seems to me their business is one that you contract very well. They misse
Voters go to the polls on saturday. Here in the united states, rescue teams are searching for 12 marines missing at sea after two u. S. Marine corps helicopters collided thursday night. The coast guard continued the search. The choppers went down about two miles from the north shore. South carolina senator Lindsey Graham has endorsed jeb bush for the presidency. He has been a coveted endorsement and now we know who he is supporting. I am emily chang. This is bloomberg west. A red letter day for tech investors, some of the biggest names caught in a major downdraft. Venture capitalist new frontier as funding in the u. S. Fades, investors plan for gold in china and india. The taxman comes calling for apple. A brutal end to the week for tech investors as stocks plunged to levels not seen in more than a year. The nasdaq falling over 2. 5 . The average is in a correction. Intel down 9 , twitter hitting another alltime low, down over 5 . Joining me now is our guest host for the hour. A Portfo