who is stanley fischer? if you were speaking with a friend who knew nothing about economics, how would you describe stanley fischer? thomas: he was the head of a central bank of another country and is now in the united states. he is an all-star. tom: we can talk about the commodity prices and such, but i would suggest that dr. fisher invented the phrase altra accommodative. which is where we are now. let me lead in with my first question to stand fischer this morning. why are we so afraid to raise interest rates? doug: i don't know. i think they are too data dependent on equity markets, financial markets in general. it should be about the real economy. the real economy is not doing great. a 20 point hike in the funds rate will not change that very much. we had to get back to a more normal bonds rate policy as a way of getting financial markets in better shape going forward. tom: we have a lot of younger students coming out of our schools that we have never seen -- that have never seen a rate increase. that i

. >> stanley: i'm a concerned cyclist that all >> stanley: concerned cyclist were out alerting not so concerned cyclist to come to a full stop at stop signd not because it's the law, it's because sfpd park station after repeated warnings started to ticket cyclist for traffic violations many were failure to stop at stops signs as required by state law >>: there you go joe. right on the red >> stanley: it wasn't just stop signs, this cyclist rolled through a dedicated bicyclist traffic light >>: the reason were stopping you is you ran a red >> stanley: he told me he has the timing down on the lights, >> stanley: they give you an actual bicycle red light and you still run it yea im mean i mot going to lie i did. >> stanley: over at the wiggle specifically steiner and waller while some bicyclist did stop like this one many did not, even with san francisco police officers standing near by >>: for the past few weeks we have been educating people to stop for the stop signs and we've been asking people to obey the rules of the road as if you are operating a vehicle. >> stanley: this is the pa

stanley - if you're watching. hurry up and get well, there are plenty more people behaving badly for you to talk about. jr stone in the house. hosting sports night live in just a few with bip roberts. jr you say the silver and black are ones to watch. >> j.r. :tonight it was all about the oakland raiders, they actually played really strong. fans were very vocal about their feelings about this team staying, but we also got to see some really good raider football we'll show you the highlights and what some of the fans have to say. and we also have a one on one interview with the starting quarterback who could be up for the heisman trophy this year. his offense averaged 38 points a game last season, i'm excited just talking about him and looking at his highlight clips >> vicki : i went for a bike ride today we get to that video >> brian :hot weather is gone for a little bit and people see some clouds in the morning with some sunshine in late morning with gusty winds into the afternoon and more mild temperatures throu

that is the assessment from stanley fischer. the zero interest rate era could end as soon as next month at the next meeting of the central bank. he spoke exclusively in an interview with tom keene. stanley: low interest rates are designed to help the recovery of the economy. in terms of employment, which is what really matters, they have done that very well. five, andom 10 to that is what they are intended to do. they are also intended to help investment. we would be happier if we saw more physical investment and financial investment probably, andthey are doing their job the fed has handled this very well. i can say that because i have only joined lately. let's get to this phrase which i ascribe to you, alter economy. i saw the physical force that you put into that phrase, ultra accommodative. what is ultra accommodative, and why do we have this reticence worldwide to raise interest rates? stanley: it was set at a time that we thought zero was as low as you could go on interest rates. we could not be any more accommodative than

(male announcer): now, here's stanley roberts who found some people behaving badly. >> stanley: the car pulls up and stop of seven home creek here, you see them batman and get out creek mom-and-pop open a truck and stand there looking a round about one minute before it >> stanley: finally heading toward the home interest and a man in the white t-shirt has a package to the other man creek is too big to put in the truck so he places it in the car and off they go. >> stanley: what did they take off the porch? i will come back to that in a moment. it to >> stanley: driver backs impartially and sit there for a few moments, the driver will appear and casually where his shirt and capp he goes to the interests and goals for the amazon package. the homeowner was home. the fed ex driver never knocked on the door patrick the guy pulled up with the rump to see if anyone was watching and return to the car with a package in handcart --package in hand if you have a comment or a story idea for stanley, you can e-mail us at peoplebehavingbadly@kron4.co m (male announcer): now, here's stanley roberts who

stanley: a large part of the inflation is temporary. it has to do with the decline in the price of oil and raw materials. these are things which will stabilize at some point. we are not going to be as low as we are now forever, and we need to be looking ahead as we go. scarlet: i would like you to comment on the context of this. wasnk of england governor fairly dovish and he warned there might be another period of price declines. what is he that janet yellen and the fomc do not? david:aybe: it is -- maybe it is partly because the u.k. is so much more fixed -- hitched to the euro zone economy, which is still plagued by a tremendous amount of excess capacity. the inflation rate in the u.k., if i'm not mistaken, is actually 0%. technically, you are in a deflationary environment. in the u.s., we are a little farther away from that, which is why the markets are pricing in the fed to move up earlier than the bank of england does by several months, if at all. joe: stanley fischer -- the data bears out what he was saying. when you strip out the

much less so with stanley fischer. waste i don't want to time asking questions that cannot get answered. we can talk about where they "ultras phrase, accommodative." you sought mark carney deal with that. a challenge how the u.k. and u.s. begin to raise interest rates and the path from there is the big issue as well. manus: tom, have a good one. we look forward to those interviews. fran and i are going to be tweeting everything. two great interviews that nobody wants to miss. francine: china stocks may have posted their biggest two-day gain in almost a month. inflation data shows there was a in exports last month when the country saudis steepest decline -- saw the steepest decline in nearly 60 years. from standard charter and joining us in hong kong, how do you interpret the movement? >> we see a weak spot following a broad-based sign in previous demand. there's 3 billion that is disappointing. that is because of the high base in last july. inflation started to rise. what would be the assessment of the government? we t

did fed chair stanley fischer -- vice chair stanley fischer tip his hand? it is "bloomberg surveillance." ♪ of august,st day this is what you need to know. futures -17, dow futures -146. the rest of the market is churning. as usual, bill gross and jim glass are scheduled to be on bloomberg radio as the jobs coverage comes out friday at 8:30. right now to headlines with vonnie quinn. vonnie: the man accused of killing a sheriff's deputy in texas will be arraigned today. honor darrenhed to goforth. notsuspect's motive is known. he and the deputy had never met. volkswagen and suzuki are going their separate ways. arbitrators are backing suzuki's request to end the alliance. in six years, there was not a single project to develop green technology. tom brady will miss practice today and will be at a new york court in what is expected to be the last gasp for both sides of deflategate. a judge says he will rule friday if they do not settle. the patriots' season starts 11 days from now. there is a big incentive for them to come to an agreement. tom: the clock is

in the meantime, the stanleys aren't slowing down. they finally succeeded in getting charlotte's web out of colorado and into hands of patients in california. >> we got your medicine. >> how about splitting families up? >> now the brothers have their sights set nationally. in states like oklahoma. >> don't make them pick up and have to move to a state like colorado. >> in fact, 15 more states are now considering legalizing medical marijuana. >> there are other people in this room who need the immediate gratification of that drug. >> the ever-growing support of main stream medicine doesn't hurt. in a recent poll of nearly 2,000 doctors, 76% said they're in favor of using medical marijuana for a needy patient. now six medical marijuana states have expanded their laws to allow card-carrying medical marijuana patients to bring cannabis medicine into their home state. yet unfortunately for the wilsons, new jersey is not one of them. >> it will not happen on my watch, ever. i am done expanding the medical marijuana program. >> literally the

roberts kron 4 news >> vicki: if you have a comment or story idea for stanley, e- mail us at 'people behaving badly' at kron- four-dot-com. coming up at 8:30. a private limo and two cars tangle up in southern california. the smash up sending passengers to the er. plus sos at sea. for two missing teens. why the family isn't giving up hope. check this out. with xfinity home we get 24/7 professional monitoring and video monitoring we can watch on our own tv. that's way better than our old security system. [metal clanking] [chip crunching] [baby crying] don't be old fashioned. xfinity customers, add xfinity home for $29.95 a month for 12 months. plus get a free security camera. call 1-800 xfinity or go online today. >> vicki: still ahead. california reservoirs doing a disappearing act. what's causing them to dry out so fast. the family dog lost and found. we show you the amazing journey one pooch took to get back to his owners. and a legionaires outbreak puts one big city on alert for signs of the deadly disease. happy anniversary to me it's safeway's anniversary... happy anniversary to

here is stanley roberts who found some people behaving badly: stanley r: that was the end of the conversation here is the beginning that was me talking in three segments and the topside in san francisco as the officer parks this and talk to the writers that listen and then the opposite asks for the id in the process to continue the officer wrote the ticket the conversation went downhill. stanley r: how often do you run stop signs? >>: did not know what you're talking about. house stanley r: often do you run stop signs? >>: and actually not sure i did not need to answer that. stanley r: maybe it is not worth it there but decided for running the stop sign in san francisco. >>gary: baseball he did his thing for the seattle mariners against the baltimore oriole to dave is brilliant catch by kyle's figure down to find out he is one to one and a sensor you better believe. >>gary: he has himself a no- hitter the fifth emeritus' history the fourth in baseball this season no. 5 all-time seattle decided in the pacific northwest would have the giants getting some bad news he may have a concussion that i

federal reserve vice chairman stanley fischer joins us live you in a cnbc exclusive interview. plus you know what's cool? a billion users behind facebook's monster growth. we will talk to carys swisher about that later on. as we go to break, take a look at some of the biggest tech winners this week. netflix up another half percent in this session. 13% this week. also up big, sandisk, intel, apple and facebook. we'll be right back. opinions. there's no shortage in this world. who do you trust? whose analysis is accurate? how do you make sense of it all? a simple, unbiased stock score consolidated from the opinions of independent analysts... is that too much to ask? nope. equity summary score, powered by starmine, will help you execute your ideas with speed and conviction. and it's only on fidelity.com. open an account and find more of the expertise you need to be a better investor. >>> it's been a huge week of market swings. dominic chu has a look. >> we told you before, a massive move if you count up all the intra day moves since last friday's big drop, we have dropped about, m

you want to hear from fed vice chair stanley fischer? stay with us on this friday, bloomberg "surveillance." ♪ tom: good morning. futures pause after a big two days. dow futures -109. a fragile type. our top headlines. vonnie: in hungary, three people arrested in the deaths of 71 migrants sound in a truck abandoned on a highway in austria. the migraines probably suffocated. some of them were refugees fleeing violence in syria. tesla's elon musk is going back to his days at paypal. if you buy a tesla model s after being referred by a current owner, you get a $1000 discount and the owner will get a $1000 credit. musk had a similar referral service at paypal, which he cofounded. donald trump may have settled the most pressing question of the campaign, is that his real hair? the answer came at a rally in greenville, south carolina. mr. trump: i do not wear it to upe. it is my hair. come here, look. >> it is. yes, i believe it is. vonnie: trump said "the new york times" accused him of wearing a toupe. vonnie: i want to see a certificate. .

--alecia reid >> stanley: (male announcer): now, here's stanley roberts who found some people behaving badly. >> i am nonsmoking week and the bus line. >> stanley: they're dedicated bus lines and real tracks current during certain times of the month and commercial truck that used to lying to make deliveries to rid of the then that is just a transit bus. that being said is not hard to find people stop of parking in the bus line. for this driver picking up the package. everyone has an excuse as to why they stopped the problem is because they do not want to pay for parking. which means or which brings us back to this guy. >> stanley: the officer smelt a strong order of agreed. the driver at one minor issue, he was on--in the bus lane >> i was smoking , right here >> stay out of the bus lane. especially if you'e smoking mint weed >> stanley: see what could happen in th ebus--bus lane. >> pam: a block party just wrapping up creek--just wrapping up! >> pam:jeff? >> reporter: the idea is for community members to get to know each other. >> police department will go out within the community pat

today, one of those investors is stanley ho's son, lawrence ho. lawrence: my father revolutionized the casino market 40 years ago in macau. he brought in a new style. throughout my career and life, it has been about trying to prove myself. betty: it was important to you to prove that you could build a company from scratch? lawrence: yes. definitely. betty: determined to break out of his father's shadow, he partnered with james packer, himself the son of a famous tycoon. together they formed melco crown. their properties include two extravagant resorts. lawrence: it is the ultimate destination for urban entertainment in macau. betty: lawrence refers to the "city of dreams" as an integrated resort. where tourists come to spend at high-end boutiques and stay at five-star hotels. how have the casino moguls in las vegas helped you in terms of inspiration in macau? lawrence: i think many times in asia, a lot of people built slowly and are more conservative. when you go to las vegas, and you see the mega-resorts, the 3000, 5000 rooms, shows and theaters

stanley. he wrote a very famous letter that said, you know, from what i hear about elk and their pro pence its to propagate, we'll have to get teddy roosevelt and his gun up there pretty soon. well, he was damn near right, because by 1931, the elk were leaving the park in the winter and summer. and, and beginning of a problem which we have not yet solved in estes park. and finally, this wonderful cover from union pacific railroad brochure advertising sometime in the 1920s the beauty of rocky mountain national park of estes park colorado. a great writer called national parks the best idea we ever had. he was correct. and with that fact in mind, let all of us make the celebratory centennial year a year of personal and collective rededication. let it be a year in which we reaffirm not only the national park idea, but our own responsibility as present day stewards and coloradans in helping to preserve this extremely important and special place called rocky mountain national park. let us do so that

stanley roberts kron 4 news. >> reporter: cheerleaders have to be pretty athletic to mold. --to move >> reporter: competitive cheerleading can be a sport. the state senate unanimously approved a bill for call for california. to proceed competitive cheerleading as a formal recognized sport hurt for safety and training for the coaches as well. >> pam: all of this month. kron4 is helping you get ready for school accurate we are helping you with a very serious situation. bowling-- bullying >> i did that tell my parents what was going on. it was a secret for years. i just did not want to do my work. >> reporter: he has special needs and was born deaf. starting in middle school and never went away. most >> and focused on the same think my disability. they focused on that, because they thought that i was weak. >> reporter: mother knew something was wrong. he >> would start to hide and that drums and have it upset stomach. he and she looked like he had gone through chemotherapy. he lost a much weight. >> reporter: he ran away from home and thought about suicide. >> i thought about

today, one of those investors is stanley ho's son, lawrence ho. lawrence: my father revolutionized the casino market 40 years ago in macau. he brought in a new style. throughout my career and life, it has been about trying to prove myself. betty: it was important to you to prove that you could build a company from scratch? lawrence: yes. definitely. betty: determines to break out of his father's shadow, he partnered with james packer, himself the son of a famous tycoon. together they formed melco crown. their properties include two extravagant resorts. lawrence: it is the ultimate destination for urban entertainment in macau. betty: lawrence refers to the "city of dreams" as an integrated resort. where tourists come to spend at high-end boutiques and stay at five-star hotels. how have the casino moguls in las vegas helped you in terms of inspiration in macau? lawrence: many times in asia, a lot of people built slowly and are more conservative. when you go to las vegas, and you see the mega-resorts, the 3000, 5000 rooms, shows and theaters and nigh

stanley fischer says move. he's very close to the imf, but i'm saying in every -- the labor department report i think is going to be better than expected unless the oil layoffs were really big. i don't think so. china, every number is worse than expected. when you come in hang dog -- i'm going to do it. wow, carl, that was a bad number in china. market is down 8% and we're almost at 2200. there. can you imagine? that's priceless. you can act accordingly. i did it. there. >> you did. morgan stanley going from hold to buy. after falling 15% in the pullback. when you feel like cry, it's time to start buying. people are trying to figure out if we get a hike and that's it and the curve goes flat, how much do banks outperform, if at all? >> not at all. look, i think my travel trust owns morgan stanley. i'm more inclined to buy some down 12%. goldman is down 3%. these are inexpensive franchi franchises. morgan stanley is a good example. they're in their own personal bear market. glen short, i've known him for years. t

today, one of those investors is stanley ho's son, lawrence ho. lawrence: my father revolutionized the casino market 40 years ago in macau. he brought in a new style. throughout my career and life, it has been about trying to prove myself. betty: it was important to you to prove that you could build a company from scratch? lawrence: yes. definitely. betty: determined to break out of his father's shadow, he partnered with australian james packer, himself the son of a famous tycoon. together they formed melco crown. their properties include two extravagant resorts. whose opulence gives las vegas landmarks a run for their money. lawrence: it is the ultimate destination for urban entertainment in macau. betty: lawrence refers to the "city of dreams" as an integrated resort. where tourists come to spend at high-end boutiques and stay at five-star hotels. what has las vegas inspired in you? how have the casino moguls in las vegas helped you in terms of inspiration in macau? lawrence: i think many times in asia, a lot of people built slowly and are more

--stanley >> stanley: fischer camry even recording it not because the red lights are on >> stanley: red light or no real like the camera is almost always recording san francisco police from park station is just one day handing out 45 tickets in just three hours for various bicycle related issues. i spent time talking to some of the people called and talked to them for it remembered this writer who was stopped for rolling a stop sign creek. >> stanley: >> i was coming this way pretty fast, slow down and make sure i looked over to my left and aren't there is no traffic. it looks safe the intersection of safe to cross as she was one of the few that was not a ticket. >> stanley: i appreciate you being honest, i am going to give you the opportunity to make a complete stop at the next intersection. ok, and you are the first one of the day. >> stanley: are you going to stand here and take over my job back at people to make a full stop for me? >> stanley: you want me to stay here until the to make a full stop? the feat no record in the red jacket, and use the slowdown is coming up to the inters

today, one of those investors is stanley ho's son, lawrence ho. lawrence: my father revolutionized the casino market 40 years ago in macau. he brought in a new style. throughout my career and life, it has been about trying to prove myself. betty: it was important to you to prove that you could build a company from scratch? lawrence: yes. definitely. betty: determined to break out of his father's shadow, he partnered with australian james packer, himself the son of a famous tycoon. together they formed melco crown. their properties include two extravagant resorts. the opulence gives las vegas a run for its money. lawrence: it is the ultimate destination for urban entertainment in macau. betty: lawrence refers to the "city of dreams" as an integrated resort. where tourists come to spend at high-end boutiques and stay at five-star hotels. what has las vegas inspired in you? how have the casino moguls in las vegas helped you in terms of inspiration in macau? lawrence: i think many times in asia, a lot of people built slowly and are more conservative.

so all stanley fischer is saying is that those prices are sticky. rents andecause of health care, they are likely to go further, so when we hit a point in time when the dollar stops appreciating, when commodity prices stop their freefall, what is going to happen is that headline inflation will ultimately gravitate towards service sector inflation, which is closer to 2% than 0% or 1%. so that's just a mathematical premise. joe: david, it seems as though september is starting to look very likely or that there is a good shot that that is when we will get the first rate hike. do you think that is too soon? do you think that is a reasonable time to start hiking? david: i had been of the view that if they were going to move -- you know, last year, when we caught that taylor went, it seemed like a good time. for whatever reason we were , still on qe3 at that point. and i was of the view recently that they would take a pass on september, and i lost confidence in that view for two things. not just the tenor of the employment data on friday, but we are seeing

. >>> stocks fall in europe and asia after vice chairman stanley fischer says a rebound will allow the central bank to raise rates gradually. >> we've got a little over two weeks before we make the decision, and we've got time to wait and see the incoming data and see what exactly -- what is going on in the economy. >> the shanghai composite ends the month over 12% lower as china injects over 140 billion yuan into the money markets. >>> berkshire hathaway has more than a 10% stake in phillips 66 despite the slide in crude prices. >> hitting the motherlode, shares in any rally after the eni discovers the mediterranean's biggest gas field. >>> some numbers just hitting the tape. eurozone, august inflation is unchanged from july. cpi year on year, plus 0.2% is what it is estimated for july. the core cpi year on year is plus 0.9% which again is pretty much unchanged july, where it was. plus 1%. overall, the cpi number coming in fractionally ahead the same number for july. let's look at the euro, 1.12, that's what it was around the open, changed a little at trade but not significantly. >>>

rebecca: stanley mcchrystal teaching us all how to do better. thank you for joining us on "washington business report." when we return, how much you earn per year. salary transparency is a new trend. whatat is driving it? rebecca: welcome back. it is called a lary transparencycy and is not only trending right now, but becoming corpore policy in some companies. talking about what you can earn and using that to your advaage. joining us now is mary to help us break the silence of a strategic way. lotsthis startegetting of attention, we talked about it on the show in terms of the number of different companies doing it. we could not get into the details of why it's a good idea and wh you need to be careful for. there are companies now who say this is the sound rate for this job, take it or leave it and everybody is going to know. mary: when i first heard about it, i thought that is crazy. the more i reseah it, the more i learn abouit, i think it has some real merit to it. rebecca: the federal government has done it r years. i'm comfortable witht from

another reason to validate stanley fischer's comments. he said he would not assuage the market of their assumption. they will play out a little bit earlier. the fed have gone from the -- 24 hours i should say. -- wirp, whichis is world interest rate probabilities. it comes down to the train you should be on. they say they are not worried about oil. i will talk to my guest in regard to oil and the dollar and rates. indian's barclays economy with us he will talk of india. for me it comes down to the most mishandled, misrepresented, cac ca id -- cac candid -- ckhanded, dysfunctional intervention -- that is china. jon: best of luck for the rest of your day. ♪ frenzythe volatility continues with global stopped set for their worst month in more than three years. that comes as federal reserve officials refused to rule out raising interest rates next month. september is still on the table. and pressure on two fronts -- protests over military policy and japan's industrial production unexpectedly slumps. welcome to "the pulse." i'm in london.

head of global strategy at morgan stanley has expanded that list. they're not calling of the trouble 10, bloomberg is calling it that area --. thailand, south korea. russia, and china. it's going to be even -- china is the biggest export on all of the top 10 on the list. angie: thank you for that. of some of the other stories making headlines. reports from indonesia say wreckage has been found from an airliner that went missing. crew wereers and five bored when it lost contact. -- were aboard when it lost contact. heavy rain and poor visibility were reported in the area just before the plane was scheduled to land area land. we could see oil rise to 33 million barrels a day according to iran. that would add to the existing global supply glut which has led to a collapse in prices of the past year. in november, opec decided to maintain production rather than sacrifice market share. coming up, a market calm, but for how long? we will discuss. stay with us. ♪ angie: checking some of the stories making headlines around the world, the number of people ki

we are at pine street and stanley avenue. you can see that police have blocked off quite a large piece of the block here. the nypd said they received a reporting of this shooting around 2:25 a.m. at stanley avenue and crescent street. at least nine people shot. it may have happened during some sort of party. no one has died. we're still wait ing ing on a lot of details from police. at our last check with the nypd they had no further information for us. we are still waiting to learn the ages of these victims and really exactly who these victims are. as soon as we get that information and the condition of the victims we will bring it to you. kristen thorn, channel 7, eyewitness news. >> thank you. >>> another person has died and we have new cases of legionnaires to talk about this morning. four deaths now linked to the out break in the south bronx. 65 people have been diagnosed with that disease. >> one man who survived is talking to eyewitness news about his health scare. a.j. ross has that story. >> i was about to wait one mo

so i'm a big long-term fan of morgan stanley. as you know, but i just think there's a couple of things that are going to keep this stock kind of at a trading range at best. we have questions about the fed. you guys were talking about earlier. and the flatter yield curve, that's a headwind, a headwind for the entire industry. but more importantly, the third quarter for this sector is a seasonally soft one. and we're getting kind of data points that that continues to be the case this year. capital markets trading, fx, think numbers are at risk to come down. not only for morgan stanley, probably for the capital markets group in general and some of the money center banks. so without any near-term catalysts and big headwinds, i don't think the stock is going to go anywhere near-term. >> what about visa? >> visa is not cheap, but you get what you pay for. a great franchise, they're growing double digits top and bottom line, driven by the secular growth trends we know about from paper to plastic globally. but more importantly, scott, th

>>stanley roberts: people behaving badly coming up next >>here is stanley roberts who found some people behaving badly: >>stanley roberts: pay attention to the man and a white cap as he goes along the fence at four. does under the golden gate bridge on the san francisco side tracked and another man takes the same route followed by another one you might not notice they went round these kinds one reads area closed all visitor used due to high security pact in violence of the to find that as a federal notification and no trespassing violence will be cited yeah finding people and to restrict the area was not hard to do the convict to tackle the bridge however with all the views the some defense sometimes it's the way the often shoot through the fence or around the fence. >>stanley roberts: this man and the red shirt with over eye and ropes and is now on the other side of the barricade and made only and not the views from inside of the barricade for the sake of the view from outside of the barricade the size. be off- limits it is also slippery. is not have a large wave rolled up with little

is brought to you by morgan stanley, where capital crea the only difference: that little blue thingy. you see it? that's a sensor. using ge software, the light can react to its environment- getting brighter only when it's needed. in a night, it saves a little energy. but, in a year it saves a lot. and the other street? it's been burning energy all night. for frank. frank's a cat. now, two things that are exactly the same, have never been more different. ge software. get connected. get insights. get optimized. you forgot the milk! that's lactaid. right. 100% real milk, just without the lactose. so you can drink all you want... ...with no discomfort? exactly. here, try some... mmm, it is real milk. see? delicious. hoof bump! oh. right here girl, boom. lactaid®. 100% real milk. no discomfort. and for a creamy and delicious treat, try lactaid® ice cream. >>> welcome back. as everyone knows, donald trump has a lot of opinions about a lot of things. i did sort of a lightning round on issues with him, starting with his role in the birther movement, questioning president obama's citizenship

again east new york, brooklyn, stanley avenue. nine people were wounded. police want your help finding the two gunmen. take a closer look at that video on our web site, abc7ny. >> very fortunate none of those people were killed. >> yes. >>> changing gears. new york's nicest kind of year and so is chicago. >> the only team in the american league with a better record than the yankees the last month is the white sox. this weekend none of their games have been close. that trend continuing this afternoon in the rubber game out in chicago. a hot day. ellsbury leading off the game. he needed two pitches to do that. solo home run. the yanks began a hot day. more damage in the 4th. single here. that brings in a pair. yanks get five in the frame and lead 6-0. they weren't close to being done. mark teixeira playing like an all star. that is the 29th home run of the season. solo bomb. 7-0. nova doing more than enough on the mound allowed one run, struck out 7 in six innings. yankees win the game and the series. >>> the toughest stretch of the mets season ends against

four great stanley cup titles. we will remember one of the most successful coaches, not just in nhl history but in new york sports, as well. >>> plus -- mets' wins no longer a phenomenon. you've got to see one phenomenal play from last night. you'll be amazed. it's next here on news 4 new york at 6:00. yoplait. the smooth and creamy yoplait original with no artificial sweeteners, no artificial flavors, and no high fructose corn syrup. . >>> some sad news in the hockey world. >> indeed. al arbor has passed away. you don't have the four stanley cup titles in the early '80s without him. he handed over his team for a game, the hall of fame coach could coach his 1500th. it was a win. he was 75 then. and he is still a winner. al arver died at 82. he coached the isles to 740 victories and 119 playoff wins, both nhl records for most by one coach with one team. arver led the islanders to four consecutive stanley cup championships in the early '80s. memorials are pouring in. he is remembered today as one of if not the greate

fischer -- by the vice chairman stanley fischer. he proclaimed his faith that inflation is poised to move upward, and his remarks weren't signaling an impending rate tight in september, but don't take off the table a rate hike. have a look at how european stocks have fared over the month of august. even worse than global stocks. thein close -- this is stoxx 600 -- the biggest monthly drop since 2011, an 8% decline. 12% below the record in april. it was at a record, remember that. every group. has dropped this month here -- every group has dropped this month. basic resources have lost 25 billion, oil and gas have lost almost 60 billion, and don't forget european stocks actually rose last week for the first week in three, gaining by point .55%. i want to focus on crude quickly -- it is down for a third consecutive month, despite last week rising for the first week in seven. facts,some shocking thank you very much. let's turn our attention to china. the biggest selloff since 2008. the investors are worried about the level of state supp

. >> stanley: coming up! people behaving badly! my name is mark amann. i'm a gas service rep for pg&e in san jose. as a gas service rep we are basically the ambassador of the company. we make the most contact with the customers on a daily basis. i work hand-in-hand with crews to make sure our gas pipes are safe. my wife and i are both from san jose. my kids and their friends live in this community. every time i go to a customer's house, their children could be friends with my children so it's important to me. one of the most rewarding parts of this job is after you help a customer, seeing a smile on their face. together, we're building a better california. (male announcer): now, here's stanley roberts who found some people behaving badly. >> water is pouring out onto the street about eight to 10 hours per day. >> stanley: is what it looks like a few days with water strain until... >> sticking with them. someone went out to the home and shut off the irrigation pump or the owner did not know that the sprinklers were sparring. >> stanley: a note like this w

>>here is stanley roberts who found some people behaving badly: >>stanley roberts: yes it was a steady stream of oil will lift inside a car drivers that pull to does but zone the job of people at the outside men's event the golden gate park driver thought that meant no ticket it does not work that way it did not quite register with the driver what does happen when it does she would turn the question in the tech is continue the same rules apply u.n. to drop off a passenger in a marked crosswalk or stop and a line of traffic to drop off passengers or drive a to a close here hoping to get access one another not of your out of the police tried to pull you over in my be wise to do so this guy did not think he needed to stop its planes and cab driver and the show driver was ticketed for hopping the horn--honking >>marty gonzales: more bay area news is one of the whales washed ashore along beaches have been more than a dozen times in northern california this year this morning were taking a close look at how california is expected the animals in the planning others for taurus is a balloon with

state the goldman stanley case that stanley is wrong, it is not september. mike: their feeling is you do not have to move because inflation is so low. ofyou have the possibility harm to the united states economy from raising rates, why not wait. you do not have to move right now. point. that is the from "the new york times," very unusual that an op-ed would appear at the same time the fomc minutes are out. biggest threat to the american economy is monetary policy. mike: and he has been dovish for almost all of his career at the fed, but the problem the fed faces is what happens if coutu another round of qe is not going to do a lot, and that is a risk. they would like to get started on moving rates higher so they have a little bit of a cushion in order to protect the economy in the future. just publishing on hillary clinton -- she is called "feisty and defiant yuriko troy gayeski -- and defiant." troy gayeski -- is this good or bad for hedge funds? the vast majority of hedge funds that profit from currency moves fall in trends. we want to be short-lived -- we

>>here is stanley roberts who found some people behaving badly: >>stanley roberts: you hear people say i was only in the bus line for just hear the case when all took was one second before we continue the sixth plane was going on during certain times of the day commercial trucks can use the land and designated areas to men deliveries of and that it is just for transit buses with that being said it is not hard to find people stop and park and the bus line but the man who dropping of trade food or this driver the capacitor everyone has an excuse as to why they stopped mr. of a strong odor as they approached the car and it turns out the driver had a one not so minor issue few long probation the passion however prison and a medical marijuana recommendation letter in a minute that he was once again something named in mint cookies somewhere there the girls of will,. >>stanley roberts: what happens next to the driver provision of the sub by letting his formation of the opera to move his car so when not have to get told the was some help from a bystander to within half of you're just and a bus

what can >> stanley: trashes blame the stream a say it's not your typical small trash. more like big garbage since. the city in this trash can at levi city parking lot. and people sat up set. mutiny decay bar put your rapper in the trash can. yellowthroat down in the creek. >> stanley: should find the security guard that was chaired by the creek. the fed"levi's opening up and then definitely have noticed a lot of trash around trail or in the water. silly think it's a case of people behaving badly absolutely. >> stanley: 50 the keep the accrete from debris as to. and have real princess start service to go pick up. start a service the pickup. >> reporter: lotion and port city wednesday night. note at least 50 people have died a 700 more have been injured yet several others still remain missing expert. say the first blast was like 3 t of tnt going off. the second was equivalent to 21 t of tnt. the authorities say the blast started that stores hazardous material more than 1000 firefighters have been sent to the area. >> pam: listen isis' terror threat tonight apparent hit l

>> reporter: nine people were shut during the house party on stanley avenue. police are looking for multiple suspects. we want to show you video from the scene. a large fight broke out. a group of men opened fire during the house party. 9 people were shot. the victims are men and women ages 19 to 38. we are told bullets hit them in the arms, legs and neck. at this point their injuries are not life threatening. all of them are currently getting tread at jamaica, brick dale and kings -- brookdale and kings county hospitals. the fight was chaos. debris was flying everywhere and people were frantic. four others got hurt. they are expected to be okay. started. no arrests have been made. live in east new york this morning, ilana gold, cbs 2 news. >> thank you. >>> to a developing story now. a massive search for the killer of a police officer is underway morning. police say 33-year-old officer shawn bolton was conducting a multiple times. he was pronounced dead at a local hospital. >> this is just a reminder of how dangerous this job is. you are talking about from wh

steven bird morgan stanley. interesting call on a sector that's been absolutely. >> ambushed. >> i know it from personal pain. >> how do you manage. we couldn't ask steven because he's restraigicted on sun ediso. how do you manage a position like that that doesn't seem like there is any sort of -- >> where there seems to be no bottom. >> feels that way. >> long puts, as well, we have to buy, they were expensive no doubt about it. they are expensive. i hope those go to zero. that's part of it. picking how many dollars will i be willing to risk in this name? so that is part of it. but, you know, the point that you make which is so relevant here, two things its correlated to, the financing markets that is a perception problem. the market is there. the market is open but if people don't believe it, doesn't matter. >> doesn't matter. >> the second part is the correlation to oil. and when it gets really volatile which we've seen a number of times, they correlate, doesn't matter. if you think it should or shouldn't it

here is stanley roberts who found some people behaving badly: stanley r: the red light or no reply the camera is almost always recording taxes will be stop to from park station in just one day handed out 45 tickets in just three hours he told them to come to a full stop the female writer and rejected, from the writer who did not stop the dedicated bicycle light higginson under those famous last words then there were these trips. stanley r: but you walk over to me to tell me that my camera is in your face will talk to him and a future edition of people behaving badly. >>anny h: they always find a way to make headlines a few days ago the fundamentals listen to one and reaction will have to read another story live on the air as you saw him walk off the set when a store recovering amid on here he refused to talk about the story saying he's had enough. >>mark: another after a run for public office office melissa gilbert played our ankles in the house on a prairie is run for congress and michigan should read the announcement yesterday to restore stability for family and hard by what she call

cisco was downgraded at morgan stanley. liberty interactive buying zulily for 2.4 billion in cash and stock. the ceo joining us this morning. it's good to have you back. good morning. >> thank you. >> we've been watching this chart for a while. and obviously you're getting a much better price now than you could have before. how long have you had your eye on these guys? >> we certainly have been watching all the success that zulily has had even before they went public. we know mark and daryl. we've known them for a while and have been impressed with what they've done. zulily really is the kwsk of the internet for a younger generation. >> i've got to tell you. i think this is brilliant. everybody is trying to figure out how to capitalize on some sort of online channel. is this liberty interactive's version of omnichannel for kwqv? >> we're trying to meet the needs of our shoppers, women, whether of any age, all the way from the youngest to the oldest, across as many platforms as possible. those who are interested in discovery

tune if for an interview with stanley fischer. take a look at these crazy huge swings in the market this week ending with a wimper with the dow down 54 points but traveling more than 10,000 over the week. try the superior hold... ...of fixodent plus adhesives. they help your denture hold strong more like natural teeth. and you can eat even tough food. fixodent. strong more like natural teeth. fixodent and forget it. >> good morning. the ceo of ashley madison is resigning. the parent company of ashley madison which is the dating site who's motto is life is short, have an affair. it was hacked and all the data from that site was made public by hackers. the company that owns it is avid life media. they say that they are actively cooperating with international law enforcement in an effort to make those who are responsible to justice. but under pressure, it looks like the ceo, effective immediately will be stepping down at the ceo of ashley madison. >> not such a surprise, i guess. what a nightmare. >> i think we could have seen this c

that's the deal stanley fisher told cnbc conclusively that there was still time to assess the domestic data. >> i think it's early to tell, the change in the circumstances which began with chinese devaluation is relatively new. and we're still watching how it unfolds. so, i wouldn't -- i wouldn't want to go ahead and decide right now, what the claims -- what the case is more compelling, less compelling. >> joining us now to discuss further live from paris is the chief economist. thank you for joining us. just a week ago, we saw the likes of the euro and the yen rally sharply on the thought that a september rate hike was off the table. bit end of last week, over the weekend, with the comments from stanley fischer, now the most likely outcome. what's your expectation? >> well, since the beginning, we felt that september would be too early for any rate hike for many reasons. must have been the domestic. the u.s. economy strength is not formal yet. in research, we outlined there are several countries around the world, brazil, russia, nigeria, are actually extremely exposed to an abrupt rat

morgan stanley say they identified 10 nations which could be at risk. those are brazil, russia, singapore, south america, and that's just a few. francine: joining us now is credit agricole's head of ethics research. right to have you on the program. when you look at emerging markets, it seems that the round is by no means done. that the pathase is still to lighten up on risk for investors. the chinese devaluation last week was seen by many as a sign of the underlying weakness in the chinese economy, which underpins concerns about global growth weakness. if you add to that the potentially imminent fed rate hike in september, that's not great for risk assets. more uncertainty means further risk reduction, further risk aversion. what is different from the asian financial crisis is that it is all happening so gradually. but it doesn't mean that a change in direction lies ahead anytime soon. the trend is still lower for many of these currencies. manus: this is different perhaps to the asian financial crisis that we've seen before. if we look at what morgan s

>>here is stanley roberts who found some people behaving badly: >>stanley roberts: there is one location and berlin game was drivers are constantly looking over their shoulder and this lady is not looking for the police made the is this driver or this driver with there are looking for a simple a 79 mop are trying is because they're sitting on a set of active couch train tracks this van is sitting on one form of track assumes the to move people seem to have a fast without stepping up at the track approval living on the edge you can only get hit by a train if you're on or near the tracks the losses of three more the 15 ft.. >>stanley roberts: if a train ride to his big rig it will be finding new roads the black-and- white siamese it acquired another request because the train heading you is economic kaplan in dollars or send according to the fair router ministration there been 54 fatalities and hundred 54 non critical list in california alone we always talk to people who said there would never stop, after a train tracks that of five people during if not in today's but i found these into hou

here is stanley roberts who found some people behaving badly: stanley r: then i pointed at this time yes that is, to take for blocking the intersection of second and bryant san francisco defeated ticketron block and a section defines non hundred and $6 however if you're unlucky enough by giving stop percent of of of this officer. stanley r: if it is written by the police officer the finest $285 the reason why does this all using the vehicle called the apartment for some views and the menace of parking: in just 90 minutes these two parking rod 80 tickets for drivers blocked in the box the with the jobs and in a section of your card unarmed a problem for the wicked cited yes the driver will cut her off was also ticketed this is san francisco's to limit gridlock and a city already of the diversity of the parking control will get a ticket in the mail if you make illegal left turn you give your is right on the spot by as ftd--sf [d. >>mark: a third suspect is still mumbles right now they're wanted for the murder of a man was found shot to death last thursday and one in the morning and par