The housing market. Chinas new loans may have hit a record in generate. Sources say initial Government Data shows new lending with near or above the previous monthly record of 364 billion. The credit storage highlights the challenge policymakers face in reducing leverage and deflating access bubbles. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. You are watching bloomberg. Lets get a check of the markets. Afternoon trading getting underway in hong kong and china. The hang seng index unchanged. Cory im cory johnson in for caroline hyde. Who is in for emily chang, i am still cory johnson, this is bloomberg technology. 97 Tech Companies take a stand as San Francisco becomes ground zero in president trumps travel ban. Plus, we will chat cap into Virtual Reality. A detailed look on who will be banking off of Virtual Reality. Uber is researching floating taxis. We will talk to the man who literally wrote the book on ubers flying car
Talking about the closing bell. Welcome. Im kelly evans and the new york stock exchange. Im bill griffeth. Eight years ago today the s p hit its low point, 666. Discuss that for a while. Diabolical. The market of course has come a long way since then. The s p right now is around 2375. Well look at whats behind the pause going on now. Travel stocks are getting hit as President Trump signed a revised executive order temporarily banning travel into the u. S. From six countries. Snapping its win streak we have the first down day for the hot ipo of last week snap. We have more of whats behind that move today down 8 and 3 4 now. Td ameritrade clients have been selling for eight straight months. Well debate if this is the time to sell as the iphone 8 leaks trickle out. Havent even seen the 7 yet. Well talk about it coming up. Lets start with President Trump. Eamon is at the white house. Reporter this is a buttoned up white house in light of the signing of the executive order. The president si
A drug indictment in sacramento. He was moving around around a bit. We were able to get him into custody. The fugitive is known as shop mechanic. Agencies car parts as part of the investigation that included deputy u. S. Marshalls and d. E. A. Agents. Drug people do not be long where people play. We spoke to lamont that didnt want to go on camera for fear of retaliation. It is good thing they are trying to clean up the neighborhood. Agents are grateful for the community support. These types of fugitives nestle in the neighborhoods that do have a lot of hard working folks and lawabiding citizens within them and they try to hide in main sight and with the indoor grows they have a lot of power that can be a hazard to the neighborhood and with the amount of Drug Distribution that goes with the grow house there is a lot of people that are not from here and dont care about the neighborhood and the people within it and so we are trying to get rid of those people. Now the suspects names have n
Were accident free in broward conty but you see the flashing lights you are off in nhe distance i95 northbound before sheridan street we have a broken down tractortrailer. This is the only issue we have on your major roadways of Broward County. Lets go ahead and switch on sources take you over to our first alert traffic map. That small plane tha made an Emergency Landing on u. S. 27 southbound around the area south of pembroke road still has the left lane blocked off due to police crews. So you want to avoid that area just the left lane blocked off in that zone. We do have that Traffic Alert still that southwest 7th street ramp still blocked off from that accident that happened with the garbage truck on monday. You can take southwest 17th avenue, brickell avenue or biscayne boulevard instead. As ryan was mentioning, a dry day is ahead, which will be good for many in south florida because they will have to spend it cleaning up. Nbc 6 was right there with you all morning long live on the
Director says issues like this highlight an overall need for improvement. Were seeing this across the nation. All of the large transit systems, they have billions of dollars in deferred maintenance. So we really need to rethirchg our country investment in transit. Reporter bart hopes voters will pass adds 3. 5 billion bond measure on the ballot this november to fix the current infrastructure. We really need this funding. We have the plan. We can do the work. It but we do need some additional funding to make it happen. Reporter but that money would not be for new cars. Workers continue to repair damaged cars with burned out thyristor devices, a process expected to take months. Bart plans to take eight cars out of service and repurpose multiple thyristors from those cars to help put 30 to 40 cars back in service while they wait for new devices to come in. . Oofg a spotlight on us in terms of what our needs are is always a good thing. This problem may not have anything to do with age. Rep