To National Security and they do not like what he did. Then he went to japan and made nice with them and said they need to step up in terms of their trade talks. The president pushing on trade. Lets go to brussels and maria tadeo. Youre talking about continue negotiations. There are continue negotiations there to figure out who runs the place. Maria european leaders were locked in a room for 19 hours, that is a new record, and they had to nominate the head of the european commission, the manner woman who replaced jeanclaude juncker. One of the most important political jobs in the European Union but they were unable to get the job done. The fingerpointing, the blame falling on Angela Merkel, the allpowerful german chancellor who was unable to bring in her own christian democrats tobacco deal that would have seen a socialist two back a deal that would of seen a socialist the thinking is Angela Merkel has given away the prize in europe. It is unclear if we could see a compromise play out.
About chinas economic challenges, calling the country a ticking time bomb. Lets begin with the markets on this final trading day of the week as investors digest todays ppi number interesting, sara. I mean, 0. 1 is not that dramatic we had a negative revision, but coming off the stellar reception to cpi yesterday, maybe it looks a little bit worse yeah, after a zero percent in june, you dont want to see it tick up to 0. 3 in july, which is what we got, and we know Producer Prices are wholesale prices that feed in, so maybe a little deemphasized because we already got the cpi read but you just dont want to traders, investors are on guard for inflation to hook back up. Right . Like, we hope people are hoping that the inflation data, which has shown moderated inflation, been celebrated as good news, will take us down to the 2 target and the feds work is done, but theres a chance that, look, it could be sticky we still see a really tight labor market where wages are rising we see Oil Prices
Maria good friday morning, everyone. Thanks so much for joining us this morning. Tgif. Im maria bartiromo. It is friday, march 1, your top stories right now, 6 00 a. M. On the east coast. One southern border, two very different visits. President biden arriving in brownsville, texas yesterday to speak with agents making a pitch to congress to pass the Senate Border bill which allows 5,000 foreigners in every day before anything can be done to shut it down. Bipartisan Border Security deal is a win for the american people, the speaker of the house needs to put this bill on the floor. Heres what i would say to mr. Trump. Ill join you in telling the congress to pass this bipartisan Border Security bill. Maria meanwhile, President Trump speaking in eagle pass, texas, highlighting the dangers of the open border policy. This is a joe biden invasion. This is a biden invasion over the past three years, its allowing thousands and thousands of people to come in from china, iran, yemen, the congo,
Highlights rebounding from covid19 and Silicon Valley bank which was under the regulation of the San Francisco Federal Reserve. This is just under an hour. Good morning im director of the hutchens center at brookings i want to welcome everybody and pleased to have mary daily, president of the Federal Reserve bank of San Francisco with us today and mayor daily an economist joined the San Francisco fed in 1996. And she worked on a number of issues labor market dynamics, inequality and throws to be director of research and became president in 2018. Now shes one of 12 reserve Bank President s. And except for new york, the other 11 are sort of considered the same. But mary daily has the distinction her district because we do the lines in 1913 represents fifth of the nations population but unfortunately for her they dont do population waiting when you vote on the f1c. Maybe they should. [laughter] so president i wanted to start by talking a little bit about how do you read the economy right
and that the russian pilots were just provocative and incompetent amateurs. make no mistake. this was no accident. i can guarantee you that vladamir putin personally signed off on this military aggression. here s our very own gennifer griffin. i d just like to get your reaction to what happened today in the black sea. pissed off. i mean, just be honest about this for a second. the report coming out of our government is that this was an unprofessional act and environmentally unsound. i m sorry, folks. they shot down a united states warplane. they took it out of action. that s the response we get back? not very happy about it. bottom line is we cannot allow that to happen. hannity: that s right. we can t allow this to happen. russia and putin s hostility and aggression against our country, the united states, has now reached a dangerous new height. now tonight the question is this. what will your president, joe biden, do? is he going to offer maybe another waiver for the n