Have been a major swing. Check out what Lloyd Blankfein tweeted. Hospitals are not overwhelmed. Most will be exposed anyway since we cant sequester until there is a vax is a Public Health benefit from broad lockdowns worth such extreme damage to livelihoods and what is more important, the potential human lives lost which are, of course, very important or the toll on the economy and possibly irreparable damage to the economy. Tim seymour . Well, look, now, if you think about where lloyd was on april 24th, i follow him on twitter, by the way i doesnt tweet that often and when he does, hes got something to say and a month ago he was saying im not so sure its wise for states to be opening but thats why we have a federal system where states can do what they do and was somewhat critical of georgia. Here he is coming in and talking about a more populous line theres politics attached to this i think theres economics attached and fascinating its whats happening and do think Lloyd Blankfein jump
Resolve this rare public dispute between to two of his most important and favorite officials. Fox news is told within the past hour that the department of justice has no plans, no plans to release that list of names. One doj official told fox news today, quote the Justice Department is confused as to where the idea that we would be releasing this information came from. Given that the office of the director of National Intelligence is the owner of that information. If they want to release it, they can do it. Thats their call. The Justice Department was consulted by acting dni Richard Grenell because any u. S. Government intelligence that is released to the American Public does have to go through a review by either the doj or the president. It is, however, illegal to release unmasked information for political gain. That issue will have to be worked out as another source familiar with the intelligence confrontation says grenell is moving to declassify several more pieces of intelligence i
It will soon, we just have to make it through today and tomorrow and then well have relief. Today one of the hottest days of not only the week but the year. The heat advisory starts at 11 00. A look at our microclimates, up to 103 in antioch this afternoon. Well talk more about this and that cooling that will be coming soon in a few minutes. Mike, how is it looking for the Early Morning commuters . The last 15 minutes ive been watching slowing coming into cupertino south 280. We see where the arrow is, within the last 90 seconds that slowing cleared. Down to the Construction Zone where you will have two lanes blocked. Well see slowing out of the Altamont Pass starting out early. Theyre doing overnight paving work. C california this week experiencing a sea of change in reopening for business. Leading the way governor gavin newsom who talks exclusively this morning with the today show about a wide range of topics. That includes his vote by mail plan for november which is being met with l
In washington, lets kick it off with blake. Reporter we are seeing a backtracking away from china in a couple different places across washington today. Lets start with what we first reported exclusively on foxbusiness. Com on monday evening which is that the white house part, President Trump and his top advisers wanted to see the federal Retirement Savings plan that relates the federal government workers not have any exposure whatsoever to chinese equities. There was a fund that was shifted, about 4. 5 billion into chinese equities, that was expected to go into play, the white house said they did not want that to happen wanted to answer by the end of business today, that fund responded to the white house and said that they will not be putting the nearly 5 billion worth of government Retirement Funds into a fund that has significant exposure to china. Thats a big win for President Trump in his own visors who thought not only there was a risk for the workers but a National Security risk
Part of that down to the uae and kuwait deciding to cut production. Haslinda chinas factory gate prices fell while consumer inflation eased, pointing to weak domestic demand. Bloomberg markets coanchor Tom Mackenzie joins us from beijing. Take us through the key takeaways. Thatthe top line is Producer Prices fell more than expected. 3. 1 compared to a drop of 1. 5 in march. That does suggest weaker Commodity Prices. Going forward, Bloomberg Intelligence expects that deflationary picture to continue given that the economy will remain under pressure and we have pretty weak demand. That raises questions about the possibility of these corporates and their ability to pay down debt. Consumer prices rose 3. 3 . Poor crisis continue to rise at a slower pace. Pointing to a weaker demand picture. It is going to reinforce the case for a more certain policy support. Moderating,pi is the other question is whether this starts to spread internationally as well. They are saying there couldnt be a wors