The National League of cities 2024essional city conference. More than 3000 leaders from all over the United States are gathered here today to advocate on behalf of their communities. This years conference is especially e our 100th anniversary. [applause] as the voice for americas cities, towns, and villages. A few minutes ago we heard from President Joe Biden the next few days, we will hear from and connect with a range of administration officials, in rooting transportation secretary buttigieg, education secretary, julie su and others and on wednesday more than 1000 mayors and City Council Members will go to capitol hill to make our voices heard when they meet with their members of congress. These meetings will focus on making sure Congress Knows that the direct provided to local government from the American Rescue plan act, a bipartisan infrastructure and Inflation Reduction Act are making a big difference and that is because local leaders know their communities best and they needed t
Yesterday to reauthorize federal aviation programs and would enact safety protections for passengers the Senate Passed a shortterm extension to prevent the current bill from lapsing later today and the house will take up the full legislation the house is expected to vote on it next week. We are learning more about the probe by the s. E. C. Into boeing reviewing statements over the Safety Practices after a panel blew off the alaska air flight back in january. We talked a lot about it investigators focused on the comments made by the Company Executives may have misled investors in violation of s. E. C. Rules. We will hear headlines about this for some time. In fed speak, San Francisco fed president mary daly said Interest Rates are currently restraining the economy, but it may take more time to return inflation to the Central Banks goals. It sounds like higher for longer pitch. It echos remarks from the fed chair jay powell last month where daly said the uptick in price data shows you ca
Pleasure of serving as congresswoman alma adams first legislative director and help get the hbcu caucus started and amazing to see all that the congresswoman and staff have done since then. Today you all are joining us for a really important conversation about the ways at that government, philanthropy and business can support our hbcus and sustaining them into the future and with that im going to invite the congresswoman up to get us started. [applause] good afternoon. Good afternoon. Im still hbcu strong. Thank you all for being here today and thank you shaniqua and thank you all for joining us. Im congresswoman alma adams and it is my pleasure to represent the 12th Congressional District in North Carolina, charlotte, mecklenburg, and cabarras county. Give it up for the queen city. [applause] i want to thank especially our same guests who will participate on todays hbcu brain trust. Id like to thank the members of the first bipartisan hbcu tour here. When i started this caucus eight y
In North Carolina, charlotte. A special yeah. Give it up to the queen city. I want to thank especially our esteemed guests. I would lick to thank the members of the first bipartisan here. When i started 8 years ago, i had no idea that we would grow to have more than 100 members but now 8 years in i know that the strength is a strength of how much support we had. Last year we were about to get ignite funding for hbcu through appropriations. Because of the work that we did, 50 million in grants are available to our schools. All right. [applause] make transformative investment and, of course, this includes research productivity, fact ultimatey expertise, graduate programs. Human capital leading to external funding. The investments made in our schools today in investment in the future and so i just yaws myself as an example. I am a living testament for importance of hbcu. My mother raised me. She did domestic work. She was not formally educated but understood the value of education and the
Significant green arrows. It looks like the dow futures are indicated up by over 160 points. Nasdaq futures indicated up by 115. S p futures are up 27. Of course, this is coming after a rough week last week. You are now talking about the s p on track for the worst month since december of 2022. You have the s p back be low 5,000. We are watching this closely. This has all been happening with treasury yields picking up. You will see it looks like the tenyear note is all the way up to 4. 658 . Twoyear note at 5 . This is a significant run in the bond yields and thats been responsible for the april pullback we have seen in stocks. The april pullback has been responsible for erasing the gains for the First Quarter of the year. We saw the highs on march 28th. You are talking about the s p at 5. 5 from the record close. We have been watching crude oil prices which has been picking up on concerns in the middle east. You see it is down 31 cents for wti. Lets look at bitcoin as well after the cr