thane time we had more migrantagrant -- harvesters here. doing applesly now and grapes and everything because we harvest the summer cherries by machine. that is done with local labor. is howrant labor story the fruit was harvested. spent their all money and sent it back to texas to pay the bills that they accumulated. they primarily spent it on other things and traverse city -- in traverse city. >> we had all grown up on dairy farms and none of us wanted to be dairy farmers. prior to the late 70's, all of picked.ries were hand prices were low and growers could not afford to have them handpicked so that is when they started to be mechanically harvested. most growers did not have enough acreage to buy harvest equipment. they could not justify the cost. we get started with a little receding someent, orchards and custom harvesting for other growers. >> the biggest challenge was money. it costs money to grow for food. , whiche to buy the trees is a big part of it, $10 apiece, and then you have to grow it seven or eight years to get it bold enoug

thane will pay nowhere 126% of what they're paying. it is an african good idea, except those companies look at our prices and that is how they said there's. we was set are slower and there was that there's lower and as a result of that, the investors will look at that and say i cannot get my money back. to invest ing medical innovation because the reimbursements are too low. host: is that the same as controls? guest: it is the government setting the prices. we negotiate our prices. you will hear people say all the rest of the world may negotiate prices but in medicare, the government says you cannot negotiate. the meta-fish -- medicare benefits is ministered by insurance companies. those companies negotiate. the solution to this problem is largely fixing the out-of-pocket cost. if we can lower the out-of-pocket cost, it does not matter what they are paying canada and england. what matters is -- what are the american people paying? caller: we want to take you to a on the issue of drug prices. this is senator john kennedy, republican of

thane at lower real yield the birds are the financial crisis. tom: are we going to adjust our bond framework? we have this memory of grandfathers clipping coupons, a younger guy like you don't remember clipping coupons. that is aged history when you are under 2%. peter: people are going to have to take more duration, they will have to look for alternative assets, and they will also have to figure out what will benefit from low yield and take risk. one of our themes is, a lot of these companies went through a debt diet. companies like at&t will be able to use this low debt to their advantage and help out the equity markets. we have to learn about what we are learning in fixed income, and apply that to our portfolio as a whole. tom: margaret, you started out in high-yield when you were 12 years old. when i look at the perspective, there is a social cost to the real yield that we enjoy today. what is the social cost to american society, if the financiers decide weekend do with a massive negative real yield? margaret: i don't look at it as social co

. >> and itay explain why we see a stronger stock market thane ght other expect. christopher smart with bearings investment institute, thanks for joining us tonight. >> my pleasure. >>> the new head of the federal aviation administration was sworn in and today he made clear how he plans to handle the grounding of the boeing 737 max. >> this plane will not fly in commercial service aga until m completely assured that it is safe to do so. the faa is not following any time line for returning the aircra >> as you may know, the plane has been grounded since mid-march follong two fatal crashes. shares of boeing fell more than 1% in today's trading session. >>> time to tak a look at some of today's upgrades and downgrad. humana was upgraded to overweightut from l at cantor fitzgerald. the analyst cited the growth in its medicare advanta business and strong second-quarter results. price target $345, but despe that upgrade, shares fell traction today to $295.50. occidental pretroll yum was downgraded. anadarko petroleum makesde ocal larger but significantly less valuable.

scientists fare could increase emissions that cools global warming the rules will be relaxed around me thane which is the main component of natural gas even though some major energy companies have called for the regulations to be kept in place white house correspondent kelly how cat explains. white house says it's rolling back these protections because it says they are unnecessary and even burdensome but environmental groups say that what is really happening is an effort to limit the legal authority of the environmental protection agency in trying to combat climate change and stop global warming so what we're hearing here is that this is now a proposal there will be a period of comments there will be potential court challenges but ultimately environmentalists say they've seen the script before in the end what will happen is this will be quietly implemented now the white house says that what this means is that oil and gas companies will no longer be required to detect and stop methane leaks and this is certainly something that they are encouraged to self monitor but environmentalists argue in

worse thane are much we were during paris." the group of seven nations today pledged tens of millions of dollars to help amazon countries fight raging wildfires, even as brazilian president jair bolsonaro accused rich countries of sheet -- of treating the area like a colony. canada has also offered to send firefighting planes to brazil. >> people around the world are to see and devastated the amazon engulfed in flames. our government has been in touch with the brazilian government to offer our support to put an end to this crisis. mark: thousands of people have demonstrated in cities throughout brazil and outside brazilian embassies around the world. president macron says there will be a meeting next month on the ukraine conflict between himself, leaders of russia, ukraine, and germany. he gave no details. president macron said the g7 leaders could not agree on whether to invite russia back into the grouping of leading democracies. president trump said he could invite russian president vladimir putin to next year's g7 summit wh

now thane clear to me it has ever been before that when we do not make progress on the human dignity of our fellow americans, the ability to work a job, and just one job, not two or three because you are paid a living wage, depends on healthcare that is a right that you don't have to worry about, so that you are well enough to live to your full potential, to know that your community, that you and your family count, not only is it the right thing to do, to make sure that this country is realizing its full potential and promise for every single one of us. when we fail to do that, we provide fertile ground for the kind of demagogues we have in office right now who will use your fear and your frustration against you, against us, against one another. demonize immigrants and minorities, blame them for the problems that you have. i see more clearly now than i ever have before that immigrants in this community, in this state, in this country, will continue to be attacked, not just killed as they were at the walmart, but terrorized as we just saw last week in mississippi. 600 people who came

. >> thane this are dappe -- thend idiots. >> that is reality. lou: where the hell is chief of staff, where is mulvaney, he is missing from public view. if this is his handiwork. >> you think a guy like axelrod or karl rove, they were with reagan, and obama. lou: they knew the agenda. >> their job was -- >> wait, wait, you are not really seriously tonight suggesting they don't know they're basically undercutting the president of united states, they don't watch television, they don't read a comic book, come on? >> i would argue they are getting a lot of feedback from the hill, this is what -- >> they are working for the hill not the president? >> for the establishment, republican establishment, democrat establishment. washington, d.c. lou: you mean rinos, globalist elites. >> absolutely. >> the people this president ran against. >> a mind set so. lou: and forgot know man and fod woman. >> theyment to make the want toe president do the right thing that is what their attitude is, the right thing is to -- what he ran on. from my perspective what pres

--a lot of companies in, lower thane expected for a few companies. momentum performs best when there is an improving fundamental outlook. when that fundamental outlook is challenged and they underperform , it really is a major headwind to momentum. chuie: our thanks to peter ng. guy? discussionahead, a with rio tinto's jean-sebastien jacques. we will talk about trade. that conversation is coming up next. the dollar was up earlier there the dollar is now tripping on the manufacturing myths coming out -- miss coming out of the u.s. that conversation coming up. this is bloomberg. ♪ i'm all about my bed. this mattress is dangerously comfortable. when i get in, i literally say 'ah'. experience deeper rest with the award-winning leesa mattress. this bed hugs my body. i'm now a morning person. the leesa mattress is designed for every body. providing strong support, pressure relief and optimized airflow to keep you cool. hello bed of my dreams. order online, we'll build it, box it and ship it to your door - so you can try the leesa mattress at home. love i

coming up on fox5 morning, thane two congresswomenned from visiting iael. what we've just learned one of them has been cleared to go. >> plus, gun owners what wal-mart is revealing bit cotomeswhenth itcomese amount oo ammunition it sells mpared to other retailers. we'll be right back. >> ♪ 0>> davis grew up about 1 minutes away from that area and says he's excited to be part of the continuing efforts to bring new life into the diverse ethnic and cultural ba> thousands of pokemo wigrll gatndouher ins. washingt, d.c. for thed championsh9 2ips.1 >> you going. >> of course. front row. the event kicks off today. video gam players from more than 45 countries are competing. no small deal here. actually ur p fo prizes and the event is beihe w. woe laugh buthese ke idsndits. >> sign me up. i'm googling pokÈmon right now. >>> animal lovers if you have been thinking about getting a furry friend or adding to the pack tomorrohe is clear t shelters day. several local slters in virginia and maryland are participating. you can adopt a pet i need fo free. the shelters ar

more thane deaths are from all cancers defined and we are presenting a drug that is affordably priced and should help millions of people. we think if we are helping millions of people we will be helping shareholders as well. david: we saw that roughly 400% increase in the stock price this year. how much of successful approval is priced into that price? john: we are just getting started with the company. the market does not appreciate the enormity of the medical needs we are addressing. the price still reflects considerably the fact that the drudge is not yet approved and we are a small company seeking to launch to a big market. as people see our execution there is opportunity there. david: a lot of people are focusing on the price of pharmaceuticals. what kind of price will be attached to this? how much will i have to pay? john: washington talks a lot about pricing, the need for innovation, the need for outcome based in the need for preventative care our drug checks the box on all four of those. from a pricing perspective, patients who have insurance coverage to get the truck for abou

i will say we now have higher standard for an iowa community college professo professor thane president of the united states. we are simply not talking about what the real problem is is the other thing. david: forgive me, laura. you are suggesting the president has something to do with antifa views? >> let me clarify. that's not what i am saying. we are holding him to a lower standard. his words about people being okay on both sides when we are talking about the white supremacists marching. we are also talking about his inaction. david: he said nothing about defending white nationalists or antifa. he condemned both in that statement on charlottesville. >> i just want to say, keep promoting this propaganda. it's utter nonsense. it was clarified. but those on the left will continue to use these lies to persuade people to look in the other direction and not look at the truth. david: i commend everybody to read the transcript of that press conference. you will see very clearly the president condemn violence on both sides. good to see you both. thank you very much. an oklahoma judge saying p

more thanee growth of 2% and core cpi of more than 2% and average hourly earnings growing by more than 3%. it does not seem that bad. james: it is not that bad. there was a time when 2% in seen as a stalled speed. now, i would regard to present as the new normal. i do not sign up to the expectation that we are dealing with a u.s. recession anytime soon. and i think the u.s. yield curve will normalize in the months ahead. jobs: even with a strong report, will that stop the fed from embarking on its efforts? issue i think the trade will dominate the thinking of the fed. the last time we had a serious policy and now met for mr. powell prior to the fmoc, he mentioned "trade" eight times. trump knowsat mr. which buttons to press to get the outcome that he wants. matt: what is the outcome you are investing on? to thei am ascribing expectation that we will see further rate cuts in the united states. we will not see a recession. the only signal that most pundits will seize upon in describing a rising probability of recession is the inversion of the yield curve. the cutting of short rates will

they care about experience thane present judgment and vision and of course lincoln has both and many that is what they have. >> i'm going to turn to this in your timeframe. why has wilson dropped so many points? teaneck is views on race. it's not a president that can speak to our time and that's one important reason for the progress is now questioning wilson. at the same time i think it is next wednesday to talk about his new book george will says the defining question whether you are a conservative today is who you would have voted for in 1912 and anyone devoted in the progressive traces to woodrow wilson. there directly challenged demagoguery and lots of conservatives and libertarians claim that all one will send so that is on both sides and why it is going down. >> in part to cause we are all embedded in the culture of the president as well. they can try to break a lot of things that they can' but they t of their culture. also the vision encompasses in part it's changed the culture in part by getting rid of slavery. let's break the chains for this peak and begin a different way of

those other thanes will no longer be charged with trespassing as long as they leave the area after being asked. under the updated law, handguns will be allowed to carried into places of worship such as churches or synagogue. it's up to the place of worship as to whether they stop them. remember some of the deadliest mass shootings in u.s. history happened in texas, including thes el paso massacre leaving 22 people dead. massacre left 22 people dead, a mass shooting at the santa fe high school last year, and the sutherland springs church shooting when 26 people were shot. over 3500 people in texas were killed by firearms since 2007. joining me now is david gifford. good to see you again, david, talk to me about these changes, it seems that texas doesn't have a lot of restrictions on using, buying, and carrying guns in the first place. it is like a clean up job to say the first few that we have we will get rid of. >> the governor sees more people and more places is good public policy. i think it is something good for gun sellers and horrible for public safety. >> who are the people pushing

it allows a proof by preponderance of evidence standard which is a civil standard of proof rather thane iminal beyond a reasonable doubt standard and allows the rrative of what unfolded in his crimes to be cold, because much of the proof to be offered would have been offered in a criminal trial against jeffrey epstein. >> this doesn't do anything to the civil lawsuits that might be coming from accusers? >> no, thosen proceed as well. the accusers have multiple avenues through which they can seek some measure of justice. none will be the same as actually confronting jeffrey epstein in a crimina case. through the civil lawsuits, they can pursue his estate. as i mentioned, the civil asset foforfeiture proceedings is another avenue of potential release and as we discussed a moment ago, there's ari possibility ofnal proceedings against others who were his accomplices and co-conspirators. >> reporter: jessica roth of the school of law, thank you very much. >> thank you. >> nawaz: the trump administration announced today that it plans to implement new immigration rules and, yamiche alcindor ex

the middle column is quite thane -- it was stronger what the estimates allowed and sovereign bonds as well. iron ore and heavy metal is still the story, 28% down from the peak. this, thekes you to sector moving it through hong split here, more on the financials than commercials and industrials. that your bottom and thearkets in asia, enterprise index is now below zero. >> not looking pretty. hong kong struggling, the ongoing popular unrest and the escalating u.s.-china trade war, all of which may drag on. revenue may also be negatively impacted. now out ofus standard chartered retail banking, very nice to see you, good morning. >> good morning, thank you for having me. >> you are always welcome. we know rates are low and there are a lot of pressures on the economy -- how is this for you guys? >> we haven't seen the material impact on all this until now. clearly the outlook needs to be certainly theand trade war in the environment doesn't help, but we are optimistic about solving this before,ike they have and we hope for the business as well. i'm just wondering, do you expect rates to

the data that we have locally would indicate that the numbers less than that is substantially greater thane they population. the general population of youth who do not identify as male or female the non-there -- non-binary transgender youth and lgbtq represent a quarter of the youth in our population. it's ata tremendous overrepresentation against the general population prevalence and ipu think these use our particular vulnerability in there a number of reasons they may not fit in at home and may not feel welcome and may not guilt they. violence is one of the main reasons for this population particular to end up homeless. we do have programs that specifically target than i'd like to call the people of the committee to the access rule that hud has proposed by thinks of its expected to come out in september but this is a very damaging proposal. but had move the nation forward in addressing the rights and axes of the transgender community in our shelter inventory and required all communities to provide equal access. that role is being rolled back and apple have devastating and life-threatening

he is meeting at thane annual meeting. from a political perspective, he is being challenged had hong kong directly. the u.s. sold arms to taiwan, which is another challenge and on october 1st there is the 70th anniversary of the founding of the people's republic, which is a celebration of china's rejuvenation there is no possibility of chinese concessions before that. so the president pushing hard for this next month or two is going to be a real problem i am not making executions for the chinese, but just pointing out that we need to accept the political realities of what's happening in china >> david, what do you think china is trying to do here >> i think the chinese would be happy to make a deal, but there are big powerful -- they are a big powerful country the deal is going to have to be halfway in between as jeff was just saying, certainly politically china cannot be seen to kowtowing to the united states. i think they are ready to make a deal if the u.s. will meet them halfway. they understand u.s. politics fairly we

thane will pay nowhere 126% of what they're paying. it is an african good idea, except those companies look at our prices and that is how they said there's. we was set are slower and there was that there's lower and as a result of that, the investors will look at that and say i cannot get my money back. to invest ing medical innovation because the reimbursements are too low. host: is that the same as controls? guest: it is the government setting the prices. we negotiate our prices. you will hear people say all the rest of the world may negotiate prices but in medicare, the government says you cannot negotiate. the meta-fish -- medicare benefits is ministered by insurance companies. those companies negotiate. the solution to this problem is largely fixing the out-of-pocket cost. if we can lower the out-of-pocket cost, it does not matter what they are paying canada and england. what matters is -- what are the american people paying? caller: we want to take you to a on the issue of drug prices. this is senator john kennedy, republican of

for my report i spoke to bex, she is a thanes gender woman who helps run a support group in plymouth. she told me about her experience of trans phobic abuse, at one point she was so disturbed she began to suffer from anxiety and didn‘t want to leave her house. began to suffer from anxiety and didn't want to leave her house.” have had abuse in the street on a numberof have had abuse in the street on a number of occasions, groups of kids have abused me, i have been shouted at bya have abused me, i have been shouted at by a preacher in the middle of town telling me i was going to hell, you know, i have had people tell me iam you know, i have had people tell me i am disgusting and that you know, people like me shouldn't exist and that sort of thing. bex told me she reported three incidents to the police over the past 12 months and a further four on police over the past 12 months and a furtherfour on behalf of police over the past 12 months and a further four on behalf of others using what is called the third party system. now, the system means that an organisation such as the support