Big buy call on a burger joint you know there it is. Its yours mystery chart we start with a developing story on uber and lyft both stocks shooting higher after a Big Court Win in california deirdre bosa has more. Reporter until just a few hours ago it looked as those california riders and drivers would wake up tomorrow to a ride sharing blackout the court blinked, granting youtuber and ly e er uber and ln extension to continue to operate with drivers as independent contractors despite new regulation it is a win for uber and lyft in the shortterm it suggests that their threats to shut down service in california over the last week worked just hours before the extension, lyft told its drivers and riders it would be suspending services at midnight because the change would necessitate an overhaul of their entire Business Model and wasnt a switch they could flip overnight. In reality the writing has been on the wall for years. Uber and lyft used a tactic theyve used in other markets to avoi
No legal basis to visit the sites. A man who was once one of the most powerful politicians in new york state has begun serving his prison sentence for corruption. Former Assembly Speaker Sheldon Silver reported to a prison in new york today. He was sentenced earlier this year to 6. 5 years behind bars. In 2015onvicted later but the appeals have kept him out of prison. Global news 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton, this is bloomberg. It is 1 00 in new york in 1 00 a. M. In hong kong. Welcome to Bloomberg Markets. Here are the top stories that we are following today. The u. S. Housing search, prices rise as Mortgage Rates remain near record lows. We talk with tim mayopoulos, a former ceo of fannie mae. One thing that could hurt the bounce back in the economy, became laura. It is set to slam in the gulf coast as a category four storm. We have the latest. Plus, a conversation wit
A forced tens of thousands to flee their homes. Im asking how book into the show i will have more on those stories in a moment but 1st find munich at dayton parasangs him on to win the Champions League title in a tight fist half with no goals p s js name off the last a safer man well noir and rather than put on the hit the post football with a now a go and gone now bye and made the breakthrough when kinsley headed in a joshua kim a cross to school the only goal of the match with the victory by him have won the treble of league cup and the Champions League. Oh for more on the big game we go live to ask whats correspondent a lame how talking in munich a lame a tell us what its like at the a. P. Center of buying fandom. Well you can see around me right now how its pretty there on a lot of buy in munich fans here we are right in the city center and i think we were expecting a lot more by hand and spring out into the streets cheering and we were expecting a lot more to do might you the game
A lot of the jobs that have been lost since the pandemic are being recovered. No question it was a much better number than was expected with the headline being 1. 4 million jobs added and the Unemployment Rate going below double digits for the First Time Since the pandemic adding it all up we now have recovered since april a total of about 10. 6 million jobs, which is huge progress, but it also leaves a huge hole we still have 11. 5 million fewer jobs than we had in february which was the month before the pandemic so weve still got to dig ourselves out of the hole and weve still got to look at the permanent impact of all of this. One in the numbers i went to first in this report is the number of people seeing permanent job losses it did rise by about half a million. Its 3. 4 million so that is the highest level since 2013 and does point to the fact that there is going to be some permanent scarring despite the fact, carl, that we are seeing progress, its moving in the right direction. T
Talking. Maybe better air quality today due to the nature of the wind, which is onshore. It might push a lot of this off to point east for a day or two. Breezy to windy morning fog. Sunny and hazy. Below average High Temperatures. Campaigns that will emphasize the need to wear face coverings and other behaviors in order to stay safe. She says that the city is also after today they had up and working on a timeline for move out. Getting students back into the we will have 60s, 70s and 80s classroom. With livermore below average. Lets go over to sal, usually this is when things pick up. My plan is to do everything are you starting to see that, sal . That i can to work handinhand with the School District so we can move forward and get kids back in school as soon as it is safely possible to do so. I am, steve. We see more people arrived. The metering lights have been turned on at the bay bridge. This is the time when things start looking different here. The bay bridge is crowded and backed