watching the video, you see kathleen petro the school board president residing and literall walking on stage of the crowd erupted in cheers, people upset with the massive cuts the district is facing including proposed plan to merge all three high schools. somehow the developments, the last few minutes, the district recogniin understand that people are upse that the proposed plan, they table the idea of closing those high schools from now. ask in stateo and the departmen of education to give an extension to work this out. it is tabled but now a lot has to be handled andt somehow, the do have to find that $15 million and if enable the cuts will mov are you ready for some postseason baseball? mlb playoffs return to downtown cleveland since 2013 as p.j. joins us from progressive field the events are hosting a workout ahead of thursday s game one. postseason baseball is back and downtown cleveland indians versus red s three years to get back to the playoffs meeting thursday in t
imf, and underlying all of this is what we are seeing in the markets. tom: the markets repricing with a handle on sterling and stephen king will join us here in a bit. but i agree, the topics in the hallways will shift. taylor: let s go to the bloomberg first word news. it was the vice presidential candidates turn in the spotlight. tim kaine fended off last night. at one point, the two sparred over reports that trump may have not pay federal taxes. when hillary clinton said he hasn t been paying taxes, he said was smart. so it is smart not to pay for veterans, the military and teachers? and those of us who do pay, i guess we are stupid? he faced tough times 20 years ago. his tact time showed that he went through a difficult time but he used the tax code the way it was supposed to be used and he did it really only. 48% say mike pence won the debate. 42% say tim kaine won. hurricane matthew may threaten the coast of florida. at least 11 people have been killed and countless h
preparing for the worst. what s it like? reporter: yeah. good evening. actually just within the past few minutes we learned from florida officials that more than 1.5 million people alone in this state have been told to leave their homes. ahead of matthew for the most part. it appears that most people are heeding those dire warnings. and not taking any chances. people along the east coast are the screens around the porch as, hurricane screens. we ll be prepared. reporter: florida s governor issued mandatory evacuations for the barrier islands. if matthew directly impacts florida there will be massive destruction we haven t seen in years. reporter: drivers waited in lines to fill up at gas stations while supplies flew off the shelves. tourists are also preparing. this family is cutting their vacation short and heading back to canada. i think we should get out four, but everyone s telling us yes, we should start heading home. reporter: matthew is being called the s
was a front-runner in all the security council s polls. on wednesday he received 13 favorable votes and 2 expressing no opinion. guterres served as u.n. high commissioner for refugees for a decade. he worked on issues in iraq, myanmar, somalia, syria and elsewhere. the general assembly held public hearings in april to select the next u.n. chief. during them, guterres expressed his resolve to tackle refugee problems. russia s vitaly churkin is serving as council president this month. he said the security council will meet thursday morning to formally approve guterres and recommend his candidacy to the general assembly which must give final approval. u.n. officials released satellite images of the latest situation in the northern syrian city of aleppo. the photos show heavy destruction of houses and a school caused by air strikes. on wednesday, u.n. agencies released the images of seven locations in and around aleppo. the photos were taken from the middle of last month into e
attacks between donald trump and hillary clinton. you bragged that you have sexually assaulted women. trump: this was locker room talk. im not proud of it. i apologized to my family and to the american people. mrs. clinton: it is not only about it is not only these questions that he has also targeted immigrants, african-americans, latinos, people with disabilities, p.o.w. s, muslims, and so many others. so this is who donald trump is. i think it is very important for us to make clear to our children that our country really is great because we are good. a divided we have nation because of people like her. believe me, she has tremendous hate in her heart. when she said deplorables, she meant it. when she said they are irredeemable, to me that might have been even worse. i did not think i would say this, but i am going to say it but i hate to say it. if i win, i am going to instruct my attorney general to get a special prosecutor to look into your situation, because there has
therese mark: 30 minutes to the end of wednesday session. down,quities, the ftse you can see that in the left-hand column. mirror .5%.a a mere port a mere one half of 1%. on the brexit decision-making process, she wants to keep her negotiating very close. and wein europe are down are awaiting the fed minutes. deutsche bank, interesting news after raising $3 billion. for $1.5bank returns billion, twice what it paid to aro a year ago. mostly the same investors who bought last week operating at a slightly lower premium at 290 basis points. pointsmium was 300 basis compared with 143 basis points. this shows that borrowing costs have risen at deutsche bank. deutsche bank dollar-denominated bonds, and the blue bar is the average yield on bank bonds generally. get to a gold and silver producer listed here in the u.k. which said that production ofwed to two availability equipment. since the stock fell to a 170year low in september, 5%. this year it is the third-best aftermer on
where apple is putting their money, finally. let s head to the markets desk where julie hyman has a look at where investors are putting their money. much and stocks. after we got retail sales numbers earlier, we re just getting university of michigan consumer s been a, better than estimated like the retail sales were better than estimated, coming in at 95.8. expectations better than estimated, 87.5. when you look at the retail sales number, that defied expectations as well. even if you back out cars and gasoline, a cayman better than estimated. a lot of that strength because of non-store retailers. because of e-commerce. that number includes catalog and direct mail sales. nonetheless, it looks like e-commerce, and accounted for each some of these strengths. a bit of a muddling along to end the week. take a look at the groups on the move. technology a strong, only at .4%. consumer discretionary leading the losses, because as betty mentioned, we do have individual retailers o
is a huge search and rescue operation off of some of the greek islands where we have lost atck of the egypt airplane 2:30 local time last night. is very fluid. we are watching for the aggregation of headlines. we will have a map soon. i know we are going to cairo soon. it is a nation that has seen too many of these accidents. francine: let s get to the bloomberg first word news. here is nejra cehic with more on egypt. jetliner fromtian paris to cairo has disappeared over the mediterranean. egypt s prime minister says he cannot rule out the possibility of a terror attack. flight eight 04 was lost on radar at 170 miles from the egyptian coast. it was an airbus 823. andtian military aircraft ships are searching for debris. we will have more in a moment. iran has launched a charm offensive for europe s elite. their meeting with their european counterparts. they re trying to break a deadlock in investments caused by the few remaining u.s. sanctions. credit suisse says the bricks o
target and macy s. let s go straight to the markets desk and julie hyman. it s a pretty sharp decline. we have a raised all the gains. it s interesting that this is happening because yesterday after the fed minutes came out, there did not seem to be much of a negative reaction to the increasing perception we would see perhaps an increase in rates in june or july. now we are seeing an acceleration and the clients since the opening bell this morning. stock losses have about doubled as we have gotten out of the gate. this is what is declining the most. the groups in the s&p 500 are lower with the exception of consumer staples, thank you walmart. otherwise telecom stocks in energy and oil prices. that is part of the reason we are seeing the sell off is oil prices are off by about 2%. we got week supply data coming out yesterday. industrials and financials and tech, it s a broad taste selloff. would be the bright spot and that s the reason consumer staples are higher. that s docke
the u.s. trading day. julie hyman is tracking the all-out from the surprisingly hawkish fed minutes yesterday. julie: but we are having a delayed reaction. yesterday, stocks came down afterward but finished little changed. also, as we hear from other fed members who have been making comments this morning, saving to support again that june is on the table, july could be on the table. , s&p, and nasdaq are all trading lower, up off the lows to some extent today. yet, when you look around at other markets, they are not necessarily supporting this narrative. you could look at the two-year as well as the 10-year, and yields are actually lower, which is not what people would take if .nterest rates are going higher i m looking at world bonds and two-your notes around the globe. the u.s. and canada at the top. as you go down, that blue column, you see a lot of negative numbers, so you are not getting yield elsewhere. the yield still at least relatively by comparison looks attractive.