9%. todd: this election could send a ripple effect across the nation including in los angeles where da george gas cone is facing his second recall event in two years and new york city where da alvin brag is getting criticism from his liberal policies including from its own democratic mayor. brooke singman has the latest. brooke. brooke: good morning guys, the people of san francisco have spoken and bow dean will no longer be the district corner after an overwhelming vote exactly 60% of the votes are in favor of him being removed from office. the associated press calling the race just after midnight and beaudean conceded shortly after. people are angry, they re frustrated and i want to be very clear about what happened tonight. the right wing billionaires outspent us 3-1. they exploited an environment in which people are appropriately upset and created an electoral where we were basically shadow boxing. brooke: boudinwill be removed after they formally accept votes thi
Currently in positive territory. And its been dubbed the uber of data science. Well be talking to a new start up which makes it easierforfirms to hire freelance data analysts. Today as a Cornish Village use their connection with horseracing to convince a dubai sheikh to help save their church hall, let us know whats your best Fundraising Success . Just use the hashtag bbcbizlive. Hello and welcome to Business Live. We start with a big day for this man media tycoon Rupert Murdoch. He may be 86 years old, but his Empire Building Ambition seems to be undiminished. Today he finds out whether the uk government will let him take over pay tv giant sky or whether to order a full investigation. So whats at stake . Mr murdochs 21st Century Fox already owns 39 per cent of sky. The price tag for full control . 15 billion. Sky is one of europes biggest broadcasters, with 22 million customers. The deal has already been cleared by countries across the region. But some claim it would give mr murdoch t
it s also years before that, the fed with its loose money policy, zero interest rates for years, that encouraged banks to do this kind of risky behavior, but it was made much, much worse by the excessive spending of biden the minute he got in and still wants to do. if you just look at his budget! that inflation risk is real. the recession risk is real because of the high interest rates. none of this helps, and the moral hazzard point is exactly right which is if you think that you re going to be bailed out somehow in a round-about way through the government or the fdic or whatever it may be, then it just encourages more risky behavior. yeah, it s interesting because, e.j., did silicon valley bank not realize into the rates were going up because everyone knew they were coming up? and why was there no stress test done on these regional banks? i m still kind little bit vague on that. well, no, they absolutely knew the risks here, and one of the proofs we have for that is the fact that