thanks for taking my question, you added a sentence into the statement about the course of the economy depends on the path of the virus is this do you feel this idea or view is not widely enough understood do you feel you had warned back in may that too early reopening or cautious reopening might harm the economy do you feel that message is not heard and some of these reopenings took place perhaps sooner than they should have i think we feel that it might be the most central fact or the most central driver of the economy is the virus we re seeing that again. you saw that during the lockdown when we got cases way down you saw the economy reopening. you saw spending go up and hiring go up now that the cases have spiked again. again, the early data, high-frequency data suggests that there s a slower pace of growth at least for now. we don t know how deep or how long that will be. it s such an important sentence, we just decided that it needed to be in our post meeting stat
view that the federal reserve is on top of what is ailing folks when it comes to inflation or today maybe not on top of what is ailing people with inflation. we have got you covered on this one because remember yesterday when they were seizing on the view here that, well, actually the chairman of the federal reserve jerome powell is on top of this and he s not looking forward to hiking rates 3/4 points. but today people were saying, wait a minute. he s still talking about raising rates. until they said why were we so happy yesterday? it s a wash but a wash we can t interpret to be which is the real direction of stocks and this economy. at a time when inflation itself remains very much out of control. we got more reminders of that and a slowing indication on the economy. let s get the very latest right now from gerri willis at the nasdaq market site where anything technology was in a tail spin i guess, huh, gerry? you understand it completely. a terrible day for the marke
cities cults and his southern invasiona . did i read this in the biblee ? when you look at that g building right there, what goes through your minoed? of th come on in. the majesty of the white house. i mean, it s a point of deep pride. you know, this is the stuff of dreams. newsom jus ft found his ticket to the white house. e have b we ve been very cleat we re not looking to have confrontation with china. chinioa hacked the bidention a administration, and theynd covered it up. and, oops, she did it again. fox new.s alert, rfk jr the is dropping out of the democratic primary and will med announce an independent run for president. mediate saysias rfk will announ october 9th in philly. i m not going to tell you right now exactly what that announcement will be. i can sa wily, though, that if you ve been waiting to come to one of my public eventsevent this will be the one to come to him. i ll be speakin. g about a sea chang change in american politics and what yo
mark johnson/traveled to see eclipse: i just think it s exciting. i like astronomy, i like science. we wanted our son to see it. this eclipse is uniquely an american event.the path of totality will travel from from sea to shining sea, tracing a 70-mile wide ribbon from oregon to south carolina. millions live in that path. millions more are traveling to see the astronomical show .. shara collum/eclipse watcher: we don t have a lot of chances to see things like this. this is a once in a lifetime. coming from as far away as europe. thymen vuik / here from netherlands to see eclipse: the dark skies . i think i will love it.if you want to watch the solar eclipse you have to be prepared special glasses are mandatory for viewing pleasure and protection.dr. nicholeen viall/nasa scientist: you want to make sure that they are safety glasses so they have an iso number and a manufacturer number. you want to cross check those with eclipse2017.nasa.gov to make sure they are repu
have been born in the u.s.. the effects were also seen in three other pregnancies that were ended. the cdc says 234 pregnant women have been diagnosed with the virus this year. i m shery ahn. bloomberg west does next. is next. on cory johnson, and this is bloomberg west. coming up, oracle s transition to the cloud is accelerating. the company sdown cloud fueled q4. plus, the value of bitcoin has gone up 70% in the last three weeks. we will talk to experts. and the cheapest, smallest satellites in the history of aviation are changinggame. first, to our lead. a twist in one of the biggest stories. bloomberg has learned before microsoft bid on linkedin, salesforce made a bid. sarah frier joins us. this is really interesting, and it starts to make sense what microsoft saw in linkedin, because salesforce saw the same thing. jeremy: and also the price. people were questioning microsoft paying a premium over their current trading, although lower than what linkedin was trading at