and a major milestone here in new york city. phil lipof reports. >> reporter: tonight, new york city looking more like it did pre-pandemic. the world's largest marathon back after a two-year delay. >> our whole mantra has been welcome back. let's run this city. let's be back, let's come together. >> reporter: 30,000 runners required to show proof of vaccination or a negative test before the race. and tonight, the white house not backing down as the justice department vowing to defend the biden administration's vaccine mandate for all businesses with 100 employees or more after a federal appeals court blocked it this weekend, questioning its constitutionality. >> it's good for people's health and for the economy. that's why these requirements make so much sense. >> reporter: federal officials aso promising to ramp up the vaccination effort for children ages 5 through 11 this week. starting monday, new york city opening pop-up vaccination sites at all public schools where kids in that age group can get the shot. in chicago, mayor

and flights taking off from heathrow, bound for new york city. passengers required to have proof of vaccination and a negative covid test within three days of traveling here. images of emotional reunions coming in. a couple hugging following a flight from germany to chicago's o'hare airport. and cars lining up at the canadian border, waiting to come in. and we learned of the request soon coming from pfizer. there could soon be boosters for millions more americans. stephanie ramos leads us off tonight. >> reporter: american borders reopening today for thousands of fully-vaccinated visitors from 33 countries for the first time in at least 18 months. for families and loved ones separated by the pandemic, emotional reunions. >> she was a little girl when i last saw her. she's a big girl and an adult now. >> reporter: bhavna patel finally getting to meet her grandson. >> there's no words. you can't describe -- how do you describe this feeling? you know, such a joy. >> reporter: celebrations kicking off early in the uk as crowds lined up to board plane

here in new york city tonight, offering children $100 each to get the shot. abc's whit johnson tonight leading us off. >> reporter: after weeks of protests against local vaccine mandates, tonight, a new federal deadline for two-thirds of the american workforce. the biden administration giving businesses with 100 or more employees until january 4th to require workers to be fully vaccinated or face weekly testing. the new rule also includes 17 million health care workers who do not have the option of testing. violators could face a $14,000 fine or potential loss of medicare and medicaid dollars. at a hearing on capitol hill today, dr. fauci defending the mandates. >> we know that vaccines absolutely save lives and we know that mandates work. >> reporter: in fact, in new york city just days ago, front line workers protesting a vaccine mandate. hundreds of firefighters calling out sick. but now, more than 92% of the city cease workforce vaccinated. but with this new federal deadline impacting 100 million american workers, republican leaders in 26 states are vowin

[ everyone agreeing ] >>> tonight, the images of that high rise fire in new york city. the fire breaking out on the tenth floor of a 49-story building near rockefeller center. black smoke pouring into the sky. at least seven people injured. >>> and the new and damning report against former new york governor andrew cuomo tonight. a state assembly committee investigating finding, quote, overwhelming evidence that cuomo engaged in multiple cases of sexual harassment and misconduct. lawmakers calling the report, quote, extremely disturbing. >>> when we come back, that new video involving that tennis star who had been missing and new questions. are you tired of clean clothes that just don't smell clean? what if your clothes could stay fresh for weeks? now they can. downy unstopables in-wash scent boosters keep your laundry smelling fresh waaaay longer than detergent alone. pour a cap of downy unstopables into your washing machine before each load. and enjoy fresher smelling laundry. if you want laundry to smell fresh for weeks make sure you have downy unstopables in-wash sce

and tonight in new york city, staying home in defiance. thousands of police officers, firefighters, city workers who did not come to work, they do not want the vaccine. but what about response time in an emergency in new york? and what the mayor is now saying tonight. >>> all eyes on the supreme court tonight, taking up the case of that controversial texas law, banning virtually all abortions in that state. and new signals tonight that some of the conservative justices might have a problem with the way that law was designed. >>> the travel nightmare in the u.s. tonight. american airlines canceling hundreds of flights today, grounding 2,000 flights over the weekend. first southwest, now american. what's going on? with thanksgiving travel just weeks away. >>> tonight, alec baldwin breaking his silence. what the actor is now saying. >>> and the abc news exclusive. tonight, we take you inside madagascar, where the u.n. is now warning they're on the brink of the first climate change famine. more than a million people in desperate need of food,

york city. the fbi warning of new cyber threats over thanksgiving. american businesses and government agencies told to beware of hackers following ransomware attacks over previous holidays. >>> your money. black friday deals available right now. huge sales on laptops, air fryers and air pods. and with major stores closed on thanksgiving, record sales online expected tomorrow. >>> and america strong tonight. the 8-year-old boy with the powerful thanksgiving wish to feed others. that wish granted and more. >>> good evening, it's great to have you with us on a busy wednesday night. i'm whit johnson, in for david. and we begin with that verdict in the ahmaud arbery case. three white men found guilty of felony murder. arbery, a young black man, was shot and killed while running through their neighborhood. the prosecutor saying he didn't have to stop just because they told him to. the jurors, 11 white, one black, agreed. travis mcmichael, his father gregory mcmichael and their neighbor, william "roddi

in new york city, the little pie company, since 1985, they're lining up. the pies on display. you see them stacked up, is signature sour cream apple walnut pie. it was grandma's recipe. founded by arnold wilkerson. >> lots of people seem to be ordering pies for thanksgiving and we're happy to b te emadin a pies.>> i have a ch blueberry. >> five workers. opening during the pandemic. grateful to the community. hoping to hire special needs employees in this new year. >> we are hoping to -- >> in texas, victory pie company, the pecan pie, chocolate cream pie, giving a portion of every sale to veterans and their families. >> we haven't even just survived. we have thrived because of this community and the way that they give back and the way they support our business and our mission. >> and in massachusetts, fresh pies coming out of the oven at table talk pies, family owned three generations. 50 new hires since we first introduced you to them four years ago. and right here tonight -- >> hi, david! >> they're back. >> this is such a busy time for u, trying to help people get their tha

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phil lipof joins us now from the west side highway here in new york city. phil, we know that oil prices have already started to come down. how will that affect gas prices over the coming weeks and months? >> reporter: well, linsey, with oil prices, there's never a guarantee. anything can happen globally. however, transportation experts tell us if oil prices stay where they are today, we could see a reduction of anywhere from 15 to 30 cents a gallon over the next 2 to 4 weeks. linsey. >> phil, thank you. >>> and another important factor as millions hit the road is, of course, weather. let's get straight to abc's senior meteorologist rob marciano. hey, rob. >> reporter: hi, linsey. good news -- we don't have a crippling storm on the docket, but a couple of systems will impact travel. here's the first one. the front itself is sliding across lake erie, down through pittsburgh, back across parts of tennessee. that will push east. some rain heavy at time but brief across the i-95 corridor. then winds kick up tomorrow, and colder air, lake effect snow for sure. lo

in new york city. the exoneration of two men convicted more than 50 years ago in the assassination of malcolm x. the manhattan district attorney, cyrus vance, requested the move after a netflix docuseries and a lengthy investigation uncovered new evidence. the d.a. today apologizing. muhammad aziz, who was exonerated, was in court today, and kalil islam both served decades in prison. aziz addressing the court. >> those events were and are the result of a process that was corrupt to its core. one that is all too familiar to black people in 2021. >> after the hearing, islam, who, of course, did not live to see this day, his sons said they did not think they would ever see this. aziz celebrating with his family. >>> in upstate new york tonight, a judge near buffalo facing backlash after sentencing a young man, an admitted rapist, to probation. the 20-year-old defendant ple pleading guilty to sexually assaulting four teenage girls. the judge said prison time would have been inappropriate. here's elwyn lope

of emergency to make sure the state and new york city are ready for any impact from the new variant. and the governor ordering all nursing homes to make booster shots available. >> we have to deal in the realities of a highly transmissible, we believe, variant. >> reporter: president biden urging americans to wear masks indoors when out in public again, to keep yourself safe and those around you. tonight, new york city doing the same. >> and stephanie ramos with us live tonight. and stephanie, i know the cdc doubling down late today on 18 and older in this country, to get your booster. and tonight, you're also learning that boosters could soon be expanded from 18 and up to include 16 and 17-year-olds, too? >> reporter: exactly, david. a source familiar with the discussions tells abc news pfizer is going to ask the fda in the coming days to authorize boosters for 16 and 17-year-olds. pfizer's vaccine was authorized for adolescents back in may, so, many teenagers are already about six months out from their second shot. david? >> all right, stephanie ramos leading us off here on a monda

in new york city, u.s. air force master sergeant george garcia holding his daughter at the veterans day parade. and in penfield, new york, outside rochester, an incredible discovery. world war ii veteran army corporate george stites. he was 20 years old and he spent two years overseas. he would write letters home to his parents and to his sister madeline. >> my mother, my father and my sister. >> and he had no idea that madeline had saved those letters for decades. they recently found them in a metal box in the attic. >> this is the box that everything was in and i couldn't believe it. >> george now at 97, reading those letters he wrote home. >> dear mom and pop, just a few lines to let you know i am well. >> he wrote to his family the day before d-day. >> dear mom and dear pop, it's june 5th. >> he told us he remembers everything. >> you're packed in like sardines and you would hear them yell, "keep the rifles over your head." we were all scared and praying. >> writing of capturing a german fighter pilot.

and new york's governor new york city's mayor tonight now joining authorities from new mexico, colorado and california, all now calling on adults 18 and older to get the booster shot. even before official word from the fda and the cdc. also tonight, the major news involving the flu. the pocket of new cases, hundreds of them. the sudden spike that has authorities concerned tonight. >>> breaking late today, the shooting near a high school in aurora, colorado. six teens shot and wounded. the victims between 14 and 18. >>> steve bannon surrendering to authorities today, for refusing to comply with a subpoena investigating the january 6th capitol riot. bannon saying on his podcast the day before those attacks, "all hell is going to break loose tomorrow." >>> in the uk at this hour, they have just raised the terror alert to severe. the second highest level, after a car explosion outside a hospital. warning another attack is highly likely. the images coming in now. the control ded explosion elsewhere. >>> back here at home tonight, the small plane crash in tampa. the escape as the plane goes u

tonight, new york city announcing they will be vaccinating children at public schools. for parents tonight, major pharmacies are launching appointment websides and the government's vaccines.gov website will be up by friday. here now, whit johnson. >> reporter: across the country today, from california to connecticut -- >> good job! >> reporter: -- thousands of elementary school children rolling up their sleeves to get their first covid shots. how did it feel? >> it felt good. and some people don't need to really be worried about it. it may hurt for a little bit, but then it will be fine after >> reporter: millions of doses making their way to thousands of doctor's offices, farm sips and vaccination sites over the next week, after the cdc director gave the pfizer vaccine the green light for kids 5 to 11. >> i feel relieved. it's just relief. just an extra burden that's been taken off. >> here we go! >> reporter: some brave youngsters getting a little support from therapy dogs. 9-year-old patrick and his 5-year-old brother paxton, who had leukemia. 1 at texas chirp's hosp

in new york city, thousands of municipal workers will not be paid as of tomorrow if they remain unvaccinated. defying the city's mandate. already a number of fire companies taken out of service this weekend, short staffed with multiple sick calls. but the mayor tweeting 91% of city workers are now vaccinated. compared to that 91% of city workers, the fdny tells us late today that 75% of its firefighters are vaccinated. the fdny commissioner said the closures this weekend didn't hamper response times at all but did go on to say that calling in sick to protest the mandate could actually cost lives. linsey? >> phil, thanks so much. >>> and next to the final sprint in virginia's race for governor. it is an election that is largely seen as something of a referendum on president biden's agenda, as well as ahead of next year's midterm elections. former governor terry mcauliffe in a close race with republican challenger glenn youngkin. president biden won the state by 10 points last november. abc's kenneth moton is in arlington, virginia. >> reporter: tonight the candidates in the virginia governor'

to new york city to end the work week, david. >> yeah, real whiplash. we're thinking about the folks in the northwest tonight for sure. ginger, thank you. >>> now, to president biden in new hampshire, michigan next, all on a tour, getting the message out on his bipartisan win on infrastructure. today at a rusted bridge in woodstock,en new hampshire. and tonight, how local newspapers across this country are reporting on just how sweeping this will be for roads, bridges, airports and internet broadband in this nation. projects across all 50 states. and here's abc's rachel scott traveling with the president. >> reporter: today, president biden traveling to new hampshire, in an effort to show americans his new infrastructure law will improve their lives. >> despite the cynics, democrats and republicans, we can work together. we can deliver real results. >> reporter: the president stnding in front of a decrepit bridge that's been marked as dangerous and in need of urgent repair for nearly a decade. in new hampshire alone, there are more 215 bridges in poor c

a gofundme page is now raising money for an asian woman bashed in the head with a rock in new york city while sweeping the sidewalk outside her home. she is expected to survive. a suspect is under arrest. police say they're investigating it as a possible hate crime. >>> and tonight new details on the man who authorities say survived stowing away in the landing gear of an american airlines flight from guatemala to miami. customs and border protection officials say they took the 26-year-old into custody yesterday and brought him to the hospital for an assessment. they say the man seen on the tarmac was in the wheel well when the plane landed. >>> when we come back, a potential huge development for the more than a million americans suffering from type 1 diabetes. how one man may have been cured. >>> and the touching tribute to iconic broadway composer stephen sondheim, how his legend is living on. we're carvana, the company who invented car vending machines and buying a car 100% online. now we've created a brand-new way for you to sell your car. whether it's a year old or a few years old.

philly to new york city tomorrow afternoon. maybe some wet flakes because here comes that cold air, not just for the northeast but all the way into the deep south. near freezing sunday morning. >> rob, thank you. >>> when we come back here, the scare on the subway in new york. a woman shoved on to the tracks and what happened next. >>> later here tonight, amy robach, we take to you antarctica. her journey to find opinion penguins. if you can help heal your skin from within. with dupixent adults saw long-lasting, clearer skin and significantly less itch. don't use if you're allergic to dupixent. serious allergic reactions can occur including anaphylaxis, which is severe. tell your doctor about new or worsening eye problems, such as eye pain or vision changes, or a parasitic infection. if you take asthma medicines don't change or stop them without talking to your doctor. talk to your doctor about dupixent. is now a good time for a flare-up? enough, crohn's! for adults with moderate to severe crohn's or ulcerative colitis, stelara

abc's trevor ault leads us off tonight from new york. >> happy thanksgiving! >> reporter: tonight, americans taking to the streets in celebration of both the thanksgiving holiday and the return to tradition. cities across the country bringing back parades canceled last year and welcoming the crowds that give them life. the macy'sthanksgiving day parade, kept virtual in 2020, making a spectacular, oversized comeback. spectators packing the stands along the 2 1/2-mile route. >> we feel safe and it's great to be starting to get things back. >> reporter: it's because of the prominence of the vaccine that we can return to traditions like this. in fact, last night the streets were even packed for the inflation of the floats, and everybody who showed up had to prove they were vaccinated. and it's not just parades seeing crowds. the holiday travel push is back. airports seeing prepandemic passenger totals. the tsa screening 2.3 million people wednesday. nearly as many as the same time in 2019, with even bigger numbers expected this weekend. relatives who've been kept

from new york city, good morning to you all. coming up from the bloomberg new economy forum, we will hear from the prime minister of singapore. from new york city, for our audience worldwide on radio and tv, it is imminent. tom: i still cannot spell it. jonathan: this is bloomberg. ♪ ritika: president biden is still deciding whether to reappoint federal reserve chair powell or replace him. he told reporters to expect an announcement in the next four days. a chairman said there is no doubt the senate will confirm either candidate. inflation and the u.k. is at the highest level in the decade putting pressure on the bank of england to raise interest rates. higher costs for fuel, restaurants and hotels led to adjustment in prices. a secretive government-backed organization -- competing semiconductors. some tech giants see the metaverse as the next area of growth. the ceo of google. >> the market valuation, our mission is timeless. there is more need for information than ever before. ritika: global news 24 hours a day, on air and o

there has been and anne-marie citing in new york city. you mentioned euro, bank of america is negative. it is the antilock -- anti-goldilocks weighing on european equities. tom: it's getting a little chilly here come a little bit of arctic gold coming into minnesota. it's the same thing in europe. it's the sum total of europe subsiding. what does that mean for chairman powell? jonathan: that's the european situation and we reopen the bond market stateside. this treasury market has been totally whipsawed. lisa: the expectation is for that to continue. the implied volatility and treasury yield have risen to the highest since the height of the pandemic. why are stocks not responding more to the volatility we are seeing in bonds and the rise we have seen in short-term yields? jonathan: any fed speak today? lisa: john williams is speaking from the new york fed stop jonathan: let's get so the new york market was closed. yields are higher by three basis points, higher on the front end as well. we will touch on that a little bit later and crude i

from new york city this morning, good morning. this is bloomberg. ♪ jonathan: seven days of gains into monday. we had some weight to those gains, zero point 07% on the s&p 500. -- zero point 07% on the s&p 500. -- 0.07% on the s&p 500. when you think about the outlook year ago, they were bullish. it sounded crazy, and here we are paring year-end here, for percent upside on the s&p 500. muted gains are the theme for the outlooks. let's get to the individual names talking about the airlines . american airlines up by 1%. united up by 1%. today an important date. if you are vaccinated you can travel to america. borders reopening for the vaccinated. the pfizer pill, the news that dropped on friday, got buried in the news and payrolls news and wall street. that could open the door for these two pick once more. matt: it is an absolute game changer. if it works as advertised and lowers hospitalizations and deaths in unvaccinated, high-risk patients, then it effectively ends the pandemic. aaron rodgers could take pill instead of ivermect

from new york city, tom keene, lisa abramowicz, jonathan ferro. your equity market at all-time highs. the bond market, yields lower. we come into thursday with a record high on the s&p and an all-time high on the russell. tom: the vix back to 15.02, but a constructive tape. jonathan: with the patient powell. next year, we will have the same conversation about this earnings season going into four q where the margins can hold up. we will be doing that as growth is decelerating. 4% to get it done, do we have a significant move towards 3%? forget the goldman sachs view? that is a big slowdown. tom: that calculation of nominal gdp forward really full to into this equity enthusiasm. we took comfort yesterday from the chairman. we have been enthused by johns hopkins university. there is some distinguished vintage at johns hopkins. one of them is a professor of public health at the bloomberg school. he is truly one of the world's experts, with a focus on southeast asia and thailand. thailand a few days ago began to open its borders. they seem to be pushin

from new york city, tom keene and lisa abramowicz and tom ferro. futures positive 50 and we advance around .3%. yields are unchanged. the main event in the fs market is darl -- dollar-lire. 10.9765 is the high. that is off of the back of a 100 basis point cut, and one of the most hawkish things that i have heard for a wild. they will study ending the rate cuts in december. tom: they have to get to december and i think the dynamic folks were confused by the chart, i was going to call it -- it a modest strengthening and a disappointment of this announcement. you wonder what they want, they want mr. erdogan to have an understanding of econ 101, that is really what is missing. jonathan: it is counterintuitive, for those of us wondering if i was being sarcastic, i was. it is the most hawkish thing that i have heard in quite a while. lisa: the idea that we are talking about a bank that dismisses the fundamental economic principles that tightening rates and policy and raising rates will lead to lower inflation and they outright reject that. tom: we have t

from new york city, good morning. this is bloomberg. laura: with the first word news, i am laura wright. house democrats are expected to pass president biden's $1.6 trillion economic agenda today. they had hoped for a vote late yesterday, but republican leader kevin mccarthy put that off with a lengthy speech from the floor that lasted into the early hours this morning. meanwhile, the nonpartisan congressional budget office released its estimate that the biden bill does not contain enough tax increases to pay for itself. two progressive democrats senators say they are opposed to jerome powell getting a second term as chair of the fed. they say that powell lacks a strong commitment to address the growing risk of climate change. president biden will announce his assistant before thanksgiving. austria will impose a nationwide lockdown next week. germany may take a similar move. it is all part of europe's effort to cope with a surge of the deadly virus. austria will also require all residents to get a vaccination. christmas came early for b

look at the rents in new york city if you want to go personal. the other thing is the academics, the economics. there are some arguments. i like what adam said, we better get used to 3% inflation. jonathon: he is saying embrace it, not just get used to it. tom: well said. jonathon: it is well said. i am not saying i agree, what i am suggesting that is what he is supplying. tom: it is well said. jonathon: we see how this is going this morning. tom: they showed english football with larry king. jonathon: international break. equity futures up one third. this is bloomberg. ♪ this is elodia. she's a recording artist. 1 of 10 million people that comcast has connected to affordable internet in the last 10 years. and this is emmanuel, a future recording artist, and one of the millions of students we're connecting throughout the next 10. through projectup, comcast is committing $1 billion so millions more students, past... and present, can continue to get the tools they need to build a future of unlimited possibilities. so many people are overweight no

jonathan: from new york city, for our audience worldwide, good morning. this is "bloomberg surveillance ," live on tv and radio. alongside tom keene and lisa abramowicz, i'm jonathan ferro. your equity market advancing 0.3%. for macy's, it is a beat and a raise. tom: it is a technology raise as well. i go back to 2019, and this is not target, not home depot, but they are up 8% plus going back to sales in 2019. a fairly clear press release, they increased 19% through the pandemic. they have grown 49% since pre-pandemic. that gives you an idea of the new reality is what you do against amazon. jonathan: it is fair to say that retailers in america are executing. tom: they are executing in a new world. i'm romantic. you and lisa i am sure as a kid did this. i wanted to bring back the wooden escalators at herald square. jonathan: the narrow ones? did you fit into the? -- into them? tom: no i did not. it was a moment where we could feel british. wooden escalators from another time. jonathan: do they still have the met bergdorf's? tom: no they don't. jonathan: i

on radio, on television, from our head colder's on lexington avenue in new york city

jonathan: from new york city for audience worldwide, good morning. the countdown to the open starts right now. >> everything you need to get set for the start of u.s. trading. this is "bloomberg: the open" with jonathan ferro. jonathan: from new york, we begin with the big issue. one man's bubble, another man's full market. >> there are some extraordinary valuations. >> we forecast this multiple. >> it is my favorite call for 2022. >> stocks are still the most interesting investment. >> definitely pockets of green. >> that is uncomfortable for investors. >> to not take money off the table. >>

from new york city for our audience worldwide, good morning. this is "bloomberg surveillance ," live on tv and radio. alongside tom keene, i am jonathan ferro here with lisa abramowicz. it is yesterday in reverse. tom: up and down. looking at resistance and -- frankly, i know you have been looking at this. the 10 year yield is extraordinary, from up to down, 1.70, to 1.47, back to 1.70. jonathan: you talked about the volatility of the 10 year pay let's talk about the two year yield, which has moved in a straight line friday, monday, tuesday. that tells you about the rate hike debate. tom: let's open this up. has the right height -- rate hike debate disappeared? jonathan: it has shifted in the last couple of days. tom: oil is its own sub story as well. what we need to do, and we have felt this way 20 months -- we will talk science, not guessing, about omicron. it is what it is, and they're so much we and the president of the united states do not know. jonathan: there are so many things. -- a lot of people pointing to that interview. can i read a

from new york city, on tv, on radio, this is "bloomberg surveillance." ♪ jonathan: live from new york city on radio and tv, this is "bloomberg surveillance" with tom keene lisa abramowicz, and jonathan ferro. futures positive 16 on the s&p. no economic data today, no notable economic data, outside of the bond market in america, which is closed for veterans day. in europe yields are higher. the stage is set for december on the 15th for the federal reserve, on the 16th for the ecb, and the simple but effective take from thank america. "the heat seed in rent and across america could make the fit -- could make the fed sweat. the timing for rate hikes be pulled forward." yesterday they were. tom: even out to may 4, each and every meeting will be interesting. we await the decision on who will be the next for the continuing chairman of the federal reserve system. right now, daniel alpert joins with his definitive book on the crisis on the age of oversupply. let me read with your emotion. you say lose bah humbug, we should be grateful for inflation. daniel: the huge amount of government that

new york city this morning. good morning. tom: i had a double cheeseburger. ♪ leigh-ann: in china, the economy performed but are than expected in october. energy shortages eased. the jobless rate was study. a slump in property and rising coronavirus outbreak shows that recovery is not on solid ground just yet. the central bank should not overreact to inflation. it is likely to prove temporary. overreacting to a short time -- short-term increase could set them back in the long-term. british economists expect the bank of england to increase interest rates next month. that would make the u.k. the first major economy -- shortages of workers are getting worse and driving up wages. there is concern that it could spread inflation across the economy. this is bloomberg. -- global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. this is bloomberg. ♪ >> the pandemic has been calling the shots for the economy and for inflation. if we want to get infl

from new york city, for our audience worldwide, good morning. this is "bloomberg surveillance ," live on tv and radio. alongside tom keene and lisa abramowicz, i'm jonathan ferro. your equity market futures up 17, up 0.4% on the s&p. it is day two reaction to that cpi print. tom: dr. el-erian really talking it up in "the ft," and you wonder what the substantial further progress will be to get any central bank to look at inflation, double anything considered normal. jonathan: people are so dug in on this debate. did yesterday and that print change anybody's mind on anything? tom: absolutely not. we need to see a sequence of prints. where it is going to come from is this really strange thing called owners equivalent. you flunk exams trying to explain it. only mckee at bloomberg understands it. jonathan: it is going up. even if you strip out the energy story, it is going up. it is stickier, broader, and a lot of people are funding it very difficult to remain open-minded about incoming data to shift their view for the. path forward. they have become

let's go over to long island city, new york, where yesterday new york city school shutdown. ps-166. some 900 students, 62 teachers, they are out of it. we will be talking about two other schools under review. i thought we were all clear, we are not. >> we are getting there. this has been a great week. hundreds and thousands of children are about to get vaccinated. the least likely to tolerate masks, the youngest. children need two doses and two weeks after that is where you fully are able to say you're immunized. tom: what have you learned in the first few days? vaccines? what is the professional observation you had about this process? >> i've learned more from the clinical trials which have shown there is a side effect profile that is appropriate for this age group. from the last couple of days, we know that cvs, walgreens called hospitals, pediatricians offices are ready and excited to be vaccinating i've been seeing a lot of buzz on social media, two. lisa: we are also looking at potential boosters and it is unclear whether the u.s. boosters for the regular population in addition

from new york city, for our audience worldwide, good morning. this is "bloomberg surveillance ," live on tv and radio. alongside tom keene and lisa abramowicz, i'm jonathan ferro. your equity market just off all-time highs. futures softer by 0.1%. it is all about chairman powell a little bit later. tom: we will have special coverage with some terrific guests lined up. after the press conference, it is the then what. the jobs report is getting no respect today's on. -- no respect two days on. jonathan: the extra leverage senator manchin may have gotten overnight by the political events in this country. tom: some predicted it, many did not. the republicans win. new jersey is a job dropper. we don't know yet. 88% of the vote in. we will see how that goes. but it is is a readjustment. the liberals had a tough night. jonathan: you raise an important question here. what is the big surprise, the swing in virginia or how tight new jersey is? lisa: new jersey i think is the bigger surprise, but the fact that both are occurring at the same time are raisin

from new york city, for our audience worldwide, could morning. this is "bloomberg surveillance, " live on tv and radio. your equity market advancing about 0.1%. this feel that came out of last week continues. lisa: progrowth, yet you are not seeing it in the bond market. we have been talking all morning, how much are we bringing the future growth back into the equity market and pricing it in now? what is the path from here? that is where you get the real divergence among strategists. jonathan: as you say, the equity market telling you one thing for you looking -- telling you one thing. looking at the bond market, the jobs report was interesting. lisa: what we heard is we don't know. we don't understand the recovery of this market, as well as the economists. we will see. jonathan: what i heard is plug in your own forecast and make your mind up. that is what you heard? lisa: absolutely. which is why they stuck with their trade. we did see people diminishing the idea of rate hikes. i did not understand why, especially in the dynamism of that report.

from new york city this morning, good morning. your equity market futures unchanged after an eight day winning streak on the s&p. this is bloomberg. ♪ >> viruses can adapt and escape from some of these antiviral treatments. what looks good and one clinical trial now might not look good a year from now is the virus mutates. it is in some respects easier to mutate away from a vaccine. i would not take my foot of the accelerator. jonathan: from new york city, good morning. your equity market, unchanged on the s&p. eight day winning streak on the s&p 500. yields come in three basis points, a big debate on who the next fed share will be. on crude, $82.29, up by .4%. your stock mover of the hour is ge, splitting into three and ending the conglomerate for good, up by 10.9%. tom: it is amazing to go back six years to the peak of employment. much larger than some of our larger banks and a global financial platform as well. from three hundred 30,000 down to 170,000 right now. you wonder where that will be in five years. jonathan: and with

york city from southern europe to ignite that horrific epidemic across new york city. we know this virus has already spread around the world. that is not because there's anything unique to omicron. that has been true of every variant we have seen so far. by the time we identify a variant, it has gone global. a lot of this is based on optics , where especially in the eu they want to show they are doing something. unfortunately it is self-defeating and impairs our ability to fight the pandemic and punishes african countries and hurts the economy because it spreads unnecessary panic among investors. it is a policy failure on all accounts. kailey: we did see that panic in the markets on friday. this monday morning we are getting a lift as people understand we have very little information at this point. what information is most critical to ascertain first? dr. hotez: three things we need to know. one about the severity of the illness. so far it does not look like this variant is producing anything unusual in terms of severity of illness, but we will know more. second, we ne

." >> is fed decision day from new york city for our audience worldwide. good morning, good morning. this is bloomberg surveillance live. your equity markets unchanged after four days of gains and another all-time high. dark of the fed just around the corner is going to be the vocus today. a great equity ghettos, abby will join us later. john, we have got to get abby joseph cohen at 5100 or 5200. got to get past david costin. what we have got to get past, the fed meeting on the jobs state. and then we have got to do a little bit of politics. john: that's talk about the politics. the narrative this morning, a simple term, massive overreach. ■]■] ■emem surveillance beauty rest. as mentioned moments ago, the shocker is new jersey. yes, in virginia, the democrats are transitory, the republican will win. but in new jersey, 80% in, and republican exactly 1200 votes ahead of the democrat. that is a shocker. john: too close to call. >> that is what i'm wondering, how much this actually pushed the moderates and getting more clout and frankly, getting the head