Applies to k through 12 schools, Public Private and charter for schools that can reopen masks are required for staff and students in grades, 3 and up. And are strongly encouraged for students in second grade and younger teachers will need to be regularly tested for covid19 if 5 of the school test positive for the virus, the school must go back to Distance Learning also an entire district would need to distance learn if 25 of its schools are closed education broadly. Is absolutely about our kids but we cannot deny the fact that we have hundreds of thousands of adults that are responsible to taking care and educating our kids as well and their health has to be considered the vice chairman of the state Assembly Education Committee Republican kevin kiley released a statement condemning this move saying in part the impact of these closures will be devastating for working families academic equity and mental health. In sacramento, Ashley Zavala kron 4 news. The governors guidance does not jus
Surveillance. Yesterday, we saw a selloff on the back of the President Trump press conference here in nato. Lets get that board up for you to look at your markets. , they are treasuries extending gains. I am also looking at shares in asia. Stocks in europe edging higher. I am looking at that vote in the u. S. House. And what that means for sentiment on your markets. Coming up, a conversation with londons mayor sadiq khan. First, lets get straight to first word news in new york city. She simply did not have the resources to keep running. ,his, from Kamala Harris suspending her campaign for the democratic residential nomination. President ial nomination. She had a strong start but her campaign failed to catch on. Opec plus sending mixed signals about output. Iraqs oil minister reiterated his view cartels should deepen cuts. An earlier technical meeting ended without any discussion of steeper cutbacks. There are a number of key members, yes, they want to do that. Addition toels in the 1.
Dominates in terms of the overall gdp number. Headline gdp growth is in line with what everyone expect it. Wage growth, Income Growth has been relatively strong. Government spending data, quite strong. There is some upside risk to the economy. The consumer side of things and the labor market side of things, but the manufacturing is under pressure. Pretty significant dislocation between the industrial economy and the consumer economy. It is the composition of the data here that is worrying the fed. Potential pockets of weakness. We do see a further deceleration in the u. S. Economy going forward. Ultimately, we are moving back towards a lousy trend. Jonathan joining me around the table here to discuss in new york marilyn watson, bob michele , of jpmorgan, and george bory. Of wells fargo. Maryland, lets again with you. You know how this works. You pick your bias, look at your data, and confirm the price. There is something in this for everyone. Marilyn thats right. The data was as expect
Tom it is a mugshot of in yield and it is very technically elegant. Dean curnutt to start is strong in the 6 00. He will talk about that. A massive correlation in currency markets. Jonathan yields of, dollar stronger . Tom dollar stronger but it is the way the dollar is stronger. Maybe the japanese are fighting to keep the yen off of 1. 50. The answer is markets are moving. Tom can this equity markets jonathan can this equity market lived with it . Equities could work in a hybrid environment. The s p 500 returned 15 every year from 1985 to 2005. When will rates were 2. 5 , can we live with these rates . Lisa this is a key question. You are saying an increasing number of analysts come out and capitulate, whether it is Morgan Stanley or goldman sachs. Yesterday, tech stocks outperformed. Where is it going to hurt . It is counterintuitive. Jonathan manufacturing is getting better, not worse. Payrolls on friday. Tom the numbers are getting better. Lisa on one hand you could say you are see
President trump has picked the former president of eli lillys u. S. Division to become the next secretary of health and human services. If confirmed, azar replaces tom price. Global news 24 hours a day. This is bloomberg. Im emily chang and this is Bloomberg Technology. Coming up, the broadcom ceo says the Company Remains fully remained in the acquisition of qualcomm despite the rejection of their offer. We look at what is next for the mega chip deal. Uber has set the stage for one of the biggest private start of as softbank will have a bi a stake. Heating up in the discussions between at t and the government. First, qualcomm project broadcoms 105 billion offer, kicking off what would be the largest tech takeover battle in history. The chairman of qualcomms board issued this statement saying it is the boards unanimous belief that broadcoms proposal significantly undervalues qualcomm relative to the companys leadership position in mobile technology and our future growth prospects. What