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Speaker 1: Live from the Bloomberg Interactive Broker Studios. This is Bloomberg

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Speaker 1: day Break for Thursday, April fourteen two. Coming up this tour,

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Speaker 1: the accused Brooklyn subway shooter faces terrorism charges in federal

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Speaker 1: court Today. President Biden authorizes eight hundred million dollars in

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Speaker 1: new military aid for Ukraine and bank earnings roll in Goldman,

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Speaker 1: Sachs City Group and work in Stanley. All report this morning.

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Speaker 1: New York surgeon COVID cases are driven by a new

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Speaker 1: subvarian plus Texas Governor Greg Abbott the highest pressure from

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Speaker 1: those opposed to his new border policy. I'm Michael blarm

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Speaker 1: or ahead. I'm trying stag showering sports Ladimer Guerrero's three

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Speaker 1: home runs lived in Toronto, over the Yankees, the medicine

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Speaker 1: Rangers both one in Philadelphia. That's all straight ahead on

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Speaker 1: Bloomberg day Break on Bloomberg eleven for you know New York,

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Speaker 1: Bloomberg one, Washington, d C Bloomberg one oh six one, Boston,

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Speaker 1: Bloomberg nine sixty seven, Francisco Sirius x M one nineteen

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Speaker 1: and around the world on Bloomberg Radio dot Com and

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Speaker 1: via The Bloomberg Business At good Morning. I'm Nathan Hagar

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Speaker 1: and I'm far at Moscow and US Dock index futures

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Speaker 1: are little change this morning. Heading into the holiday weekend.

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Speaker 1: We're coming up to five o one on Wall Street,

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Speaker 1: and we checked the markets every fifteen minutes throughout the

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Speaker 1: trading day on Bloomberg and SNP and DAL futures are

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Speaker 1: a little change this morning. Nasdack futures are up seventeen.

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Speaker 1: The decks in Germany's up to tens of per cent.

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Speaker 1: Tenure treasury up six thirties seconds. He a two point

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Speaker 1: six seven percent yield on the two year two point

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Speaker 1: three three percent Niate ben Karn. We'll have warn markets

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Speaker 1: in just a minute. First, the suspected shooter in the

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Speaker 1: Brooklyn subway is set to appear in court today. Let's

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Speaker 1: get the very latest live from Bloomberg's Michael bar Good morning, Michael,

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Speaker 1: Good morning, Nathan. The man accused of being the gunman

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Speaker 1: who shot ten people who wounded others that the Brooklyn

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Speaker 1: Subway station was arrested in Manhattan yesterday. Mayor Eric Adams

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Speaker 1: we are Ye Police responded to a tip that the

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Speaker 1: sixty two year old was Adam McDonald's in Manhattan's East

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Speaker 1: Village James allegedly fired a nine millimeter glock handgun at

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Speaker 1: least thirty three times in the Manhattan bound ND train. James,

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Speaker 1: with addresses in Philadelphia and the Milwaukee area, will make

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Speaker 1: an initial court appearance on terrorism charges in federal court

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Speaker 1: in Brooklyn. U S Attorney Brian Peace, and if convicted,

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Speaker 1: he will face a sentence of up to life imprisonment.

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Speaker 1: U S Attorney Peace says the government will prove that

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Speaker 1: James traveled across state lines in order to commit the

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Speaker 1: offense in New York. Michael Barb Bloomberg Day Break, Karen, Michael,

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Speaker 1: thank you well. The subway shooting is prompt questions on

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Speaker 1: how James might be prosecuted in this case. David Schwartz

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Speaker 1: is a former Brooklyn prosecutor at partner at Gertzman Schwartz.

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Speaker 1: Charges will be the federal terrorism charge will be attempted

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Speaker 1: murder charges. On the state level, there will be state charges.

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Speaker 1: I believe federal charges the federal case will come first.

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Speaker 1: Former Brooklyn prosecutor David Schwartz spoke with our Washington corresponded

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Speaker 1: Joe Matthew on Bloomberg Sound on Catch the Program weekdays

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Speaker 1: at five pm Eastern on Bloomberg Radio, and let's get

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Speaker 1: to the latest on the war in Ukraine now Karen,

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Speaker 1: as Russia continues to reposition for new attacks in the

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Speaker 1: east and south. The mayor of mary Pol says more

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Speaker 1: than twenty thousand people have been killed in the weeks

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Speaker 1: long siege of the city, and now President Biden has

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Speaker 1: announced eight hundred million dollars in new military aid for Ukraine.

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Speaker 1: Bloomberg said, Baxter has the story. The package includes artillery, ammunition,

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Speaker 1: and White House spokeswoman Jensaki says helicopters. It was unclear

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Speaker 1: for a while um from their side whether they wanted

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Speaker 1: additional helicopters. We've provided them helicopters in the past, uh

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Speaker 1: and today they make clear they wanted them in so

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Speaker 1: we said great when they're helicopters in the package. So

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Speaker 1: the new shipment marks a shift towards more offensive weapons.

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Speaker 1: Prior shipments had been defensive systems. In San Francisco, I'm

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Speaker 1: at Baxter Bloomberg Day Break, right, and thank you, and

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Speaker 1: turning to the market. Now. Bank earnings continue with Goldman, sax,

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Speaker 1: Morgan's Family City Group, and Wells Fargo all reporting this morning,

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Speaker 1: and we get a preview from Bloomberg Shonali bask after

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Speaker 1: JP Morgan reported earnings. It turns out that trading did

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Speaker 1: not fall as much as expected. That should bode well

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Speaker 1: for Goldman Sachs and Morgan Stanley, which have a greater

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Speaker 1: percentage of their earnings tied to trading businesses. The consumer

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Speaker 1: is also in pretty strong shape, but there are some

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Speaker 1: businesses that are not growing very quickly as rates start

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Speaker 1: to rise. That will be of importance for Wells Fargo

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Speaker 1: as it reports earnings today, and for City Group there

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Speaker 1: will be questions around the Russia exposure and whether the

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Speaker 1: bank has to take losses tied to the country. I'm

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Speaker 1: Shnoli Bassk for Bloomberg day Break. Okay, Shonali, thank you.

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Speaker 1: We get another snapshot this morning on the health of

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Speaker 1: the US economy with the March reading on retail sales.

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Speaker 1: Here at the preview of that is Bloomberg's Michael mckeey.

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Speaker 1: March was a month of skyrocket and gasoline prices, so

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Speaker 1: dollars collected at service stations should lead the forecast gains,

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Speaker 1: but that may mean less spent on other categories. A

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Speaker 1: Chicago Fed index that tracks retail sales just factor out

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Speaker 1: gasoline and autos, and March retail sales may have declined significantly.

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Speaker 1: To get a clearer picture of American spending, will also

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Speaker 1: have to factor out inflation, which is at its highest

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Speaker 1: since nine Given the Fed is expected to raise interest

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Speaker 1: rates aggressively to bring inflation down, some retail strength would

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Speaker 1: reassure policymakers the economy isn't about to go into recession.

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Speaker 1: Michael McKee, Bloomberg Debris. All right, Mike, thank you well.

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Speaker 1: Please join Michael later this morning on Bloomberg Surveillance when

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Speaker 1: he speaks live with New York Fed President John Williams.

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Speaker 1: That's coming up a m Wall Street time on both

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Speaker 1: Bloomberg radio and television. Course. Faming inflation is front and

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Speaker 1: center for the Fed. Karen and Treasury Secretary Janet Yellen

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Speaker 1: says the Central Bank has a tough balancing act ahead,

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Speaker 1: but it can be done. They will um try to

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Speaker 1: maintain strong labor markets while bringing inflation down. But and

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Speaker 1: it has been done in the past. It's not an

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Speaker 1: impossible combination, but um it will require skill when also

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Speaker 1: good luck. Janet Yellen says she'll convene a meeting of

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Speaker 1: top international financial officials next week. To address a global

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Speaker 1: food security crisis stemming from record prices overseas. Nathan, we

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Speaker 1: get a policy decision from the European Central Bank, there's

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Speaker 1: this morning. Economists say that you c B will almost

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Speaker 1: certainly stand pat They likely prioritize the fight against inflation

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Speaker 1: of our risk to the economy caused by the war

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Speaker 1: in Ukraine. Meantime, Karen, inflation may soon have you paying

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Speaker 1: higher prices at Amazon. Joining us here live to explain,

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Speaker 1: as Bloomberg's Ranita Young, good morning Data, Good morning, Nathan.

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Speaker 1: Amazon merchants were already grappling with cost related fee hikes

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Speaker 1: that took effect in January and averaged five percent, And

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Speaker 1: now Bloomberg News has learned Amazon is adding a five

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Speaker 1: percent fuel and inflation fee on merchants that use its

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Speaker 1: shipping services. That's putting pressure on sellers to raise prices.

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Speaker 1: It's scheduled to kick in on April. Amazon joins a

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Speaker 1: range of companies who've had to take action to offset

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Speaker 1: rising costs. Airlines are raising ticket prices, Uber and Lift

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Speaker 1: added fuel searcharges and FedEx and ups have also raised

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Speaker 1: their prices. Live in New York, I'm renned a Young

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Speaker 1: Blomberg day break. Okay, we need to thank you right now.

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Speaker 1: S and P futures are a little changed to the downside.

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Speaker 1: Doubt futures are up, but by three points. NASTAC futures

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Speaker 1: up twenty the tenure treasury yield two point six eight percent.

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Speaker 1: Straight ahead, your latest local headlines and a check of sports.

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Speaker 1: This is Bloomberg. It's now five oh seven on Wall

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Speaker 1: Street where fifty seven degrees in Central Park. I have

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Speaker 1: an overturned vehicle on the northbound Connecticut Turnpike toward interchange nine.

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Speaker 1: Michael Barr is back with us for the latest on

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Speaker 1: the Brooklyn subway suspect and more on what's happening in

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Speaker 1: New York and around the world. Good morning, Michael, Good

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Speaker 1: morning Nathan. We're learning more about the suspected Brooklyn subway

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Speaker 1: shooter who was arrested yesterday in Manhattan, and East Village

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Speaker 1: hardware store manager says he helped Megan happen. Francisco Public

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Speaker 1: says he was working at his store when he looked

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Speaker 1: up and saw the suspect. Frank James walked right by.

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Speaker 1: He wasn't like the normal person, He didn't resist anything.

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Speaker 1: He just like and then that's how they get him.

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Speaker 1: Bubbla notified police who were down the block, and minutes

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Speaker 1: later the suspect was in custody in my p D.

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Speaker 1: Chief of Detectives James Essex says James as a record,

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Speaker 1: his arrest history in New York is nine prior arrests

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Speaker 1: dating from nineteen two. Chief Hesse also says James was

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Speaker 1: arrested several times in New Jersey. The New York State

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Speaker 1: Health Department says two new O Macron subvariants that appear

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Speaker 1: even more transmissible than the highly contagious B A two

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Speaker 1: are driving and uptick in COVID cases in the state.

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Speaker 1: The department estimates that they have a twenty three to

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Speaker 1: twenty seven percent growth advantage over the B A two

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Speaker 1: variant that was itself more infectious than the original O Macron.

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Speaker 1: In a statement, State Health Commissioner Married Bassett says, while

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Speaker 1: these subvariants are new, the tools to combat them are not.

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Speaker 1: And Ohio man who acknowledges he joined them job at

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Speaker 1: the US Capitol last year and ignored a variety of

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Speaker 1: warning signs, says he was only following orders from the

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Speaker 1: President Donald Trump. The man, thirty eight year old Dustin Byron,

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Speaker 1: Thompson testified during his trial in federal court in Washington.

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Speaker 1: Thompson's defense team is the first to argue that Trump

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Speaker 1: and others were responsible for the mob's actions. Traffic between

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Speaker 1: Mexico and the US has been snarled since Texas Governor

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Speaker 1: Greg Abbott ordered commercial trucks undergo extra inspections. It is

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Speaker 1: part of the governor's fight with the Biden administration over immigration.

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Speaker 1: Texas law enforcement is apprehending the illegal immigrants that got

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Speaker 1: away from the border patrol, including previously convicted murderers, previously

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Speaker 1: convicted child rapists, kidnappers, drug traffickers, MS thirteen gang members,

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Speaker 1: and cartel gang members. Governor rabbits as. The standoff has

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Speaker 1: stoked warnings by trade groups and experts that US grocery

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Speaker 1: shoppers could soon notice shortages. Global News twenty four hours

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Speaker 1: a day on airand on Bloomberg Quickdake, powered by more

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Speaker 1: than twenty seven journalist and analysts more than twenty countries.

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Speaker 1: Michael Barr and this is Bloomberg, Nathan, Michael, thank you,

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Speaker 1: coming up to five ten on Wall Street time for

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Speaker 1: the Bloomberg Sports Update. Good morning, John stash Our, Good morning,

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Speaker 1: Nathan Yankees. Beaten by the Blue Jay's. More specifically, they

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Speaker 1: were beaten by one Blue Jay Vladi bats leading off

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Speaker 1: this eight Dathan Elizaka's first pick and slam. How did

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Speaker 1: deep Blood field? That ball is gone? Vladimir Guerrero Jr.

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Speaker 1: With the three holber game ter night, he does it

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Speaker 1: in the Broun. That's Jay's Radio. We also had a

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Speaker 1: three home run game last season. Two of the homer's

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Speaker 1: plus the double came against Garrett Cole. Most of all

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Speaker 1: this came after Guerrero cut his hand on a play

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Speaker 1: in the field. Toronto won six to four. It's earlier

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Speaker 1: this season, but a couple of Yankee concerns too much

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Speaker 1: reliance on the home run. They hit three Anthony Rizzo,

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Speaker 1: Aaron Judge, Labor Torres, but they score only one the run. Also,

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Speaker 1: Kyle he Goshioka promoted to starting catcher, Isaiah Kinner Philippa

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Speaker 1: brought into the new shortstop. Together, they are two for

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Speaker 1: thirty five series ends. Tonight, Mets are off. They have

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Speaker 1: their home open to tomorrow. It will include the young

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Speaker 1: veiling of the Tom Siebers statue. All happens on the

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Speaker 1: seventy fifth anniversary of Jackie Robinson's debut in Brooklyn the

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Speaker 1: Mets with a five and two road trip. They won

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Speaker 1: in Philadelphia nine to six. Pet Lonzo followed up his

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Speaker 1: Grand Slam the other day with a three run homer,

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Speaker 1: and Maxers was already two and oh. Also in Philly,

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Speaker 1: Rangers won four nothing twenty eight says for Alex Georgi

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Speaker 1: of Kapo Kaka scored the first two goals NBA play

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Speaker 1: and two more wins by home teams Atlanta by twenty nine,

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Speaker 1: ending Charlotte's season. New Orleans took out San Antoniosa. Tomorrow,

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Speaker 1: Hawks visit Cleveland, Pelicans at the Clippers and the winners

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Speaker 1: advanced John Stashally were Bloomberg Sports Nathan Okay, John, thank

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Speaker 1: you right now. S and P futures are down five

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Speaker 1: point stout futures down twenty six, nastack futures up two points.

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Speaker 1: The tenure treasury yield down two point six seven. You're

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Speaker 1: listening to Bloomberg Daybreak Bloomberg eleven three oh weather. Get

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Speaker 1: ready for showers and thunderstorms this afternoon with the high

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Speaker 1: near eighty degrees. Sunshine back tomorrow with the high near

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Speaker 1: seventy A few more showers possible Saturday. Upper sixties for

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Speaker 1: high is currently fifty seven in Central Park Markets. Headlines

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Speaker 1: and breaking news twenty four hours a day at Bloomberg

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Speaker 1: dot Com, The Bloomberg Business at and at Bloomberg Quick Take.

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Speaker 1: This's a Bloomberg Business flash and I'm Karen Moscow and

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Speaker 1: stocks and government bonds are mixed as investors await the

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Speaker 1: European Central Banks meeting later today for a queues on

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Speaker 1: the path of monetary policy. We checked the markets every

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Speaker 1: fifteen minutes throughout the trading day on Bloomberg. Right now,

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Speaker 1: it's in p Futures are a little changed, so we're

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Speaker 1: down futures nasdack futures up about thirteen the decks in

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Speaker 1: Germany is a little changed. And your treasury of five

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Speaker 1: thirty seconds, he'll two point six eight percent yield on

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Speaker 1: the two year two point three three percent. Nimex screwed

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Speaker 1: oil is down six tents percent or fifty eight cents

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Speaker 1: Comex gold is down seven tenths per cent or twelve

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Speaker 1: point three one four four, the en at one five

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Speaker 1: point three five, and Bitcoin this morning is moving lower,

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Speaker 1: down a quarter percent, at forty one one hundred fifty dollars.

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Speaker 1: Today we are watching for reports on March retail sales,

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Speaker 1: the import price index in the weekly report on initial

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Speaker 1: jobless claims all out at eight thirty, Wall Street Time

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Speaker 1: consumer sentiment, and business inventories out at ten, and then

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Speaker 1: a busy morning for earning Schoolman Sachs, Morgan, Stanley, City Group, Whills, Fargo,

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Speaker 1: and State Street among companies that are scheduled to report today.

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Speaker 1: And that's a Bloomberg business flash. Now here's Michael Barr

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Speaker 1: with more on what's going on around the world. Michael,

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Speaker 1: good morning, Good morning, Karen. The suspect arrested in the

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Speaker 1: Brooklyn subway shooting that left ten people wounded by gunfire

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Speaker 1: also left behind a trove of angry YouTube videos. Belice.

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Speaker 1: We're studying them for a possible motive. Frank James vented

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Speaker 1: about racism in America, his struggles with mental illness, New

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Speaker 1: York City's new mayor n eleven, Russia's invasion of Ukraine,

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Speaker 1: and black women in MLB, The Yankees and Orioles lost,

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Speaker 1: the Mets, Nationals, Red Sox, Athletics and Giants all one NHL,

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Speaker 1: the Rangers one Global News twenty four hours a day

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Speaker 1: on here and on Bloomberg Quick Tank, powered by more

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Speaker 1: than twenty seven under journalists and analysts are more than

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Speaker 1: a hundred twenty countries. Michael Barr and this is Bloomberg. Okay, Michael, Thanks,

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Speaker 1: It's five nineteen on Wall Street, Live from the Bloomberg

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Speaker 1: Interactive Broker Studios. This is Bloomberg Daybreak, and let's pick

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Speaker 1: up on Michael's reporting on this Brooklyn subway suspect. We're

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Speaker 1: joined live now in the studio by our New York

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Speaker 1: bureau chief here a Bloomberg News Shelley Banjo Shelly. As

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Speaker 1: Michael mentioned, Frank James, the suspect here did leave apparently

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Speaker 1: a pretty heavy record of social media. What more can

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Speaker 1: you tell us about what this potentially says about this suspect?

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Speaker 1: What investigators are focusing on right now. They haven't actually

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Speaker 1: released any kind of specific motive, but if you watch

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Speaker 1: many of the videos which have since been taken down

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Speaker 1: on YouTube. YouTube got back to us yesterday saying that

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Speaker 1: they took down the videos because they violated their terms

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Speaker 1: and conditions. But when you look at the videos which

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Speaker 1: were up for a while, you do see a man

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Speaker 1: who is clearly troubled, had had a number of issues

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Speaker 1: and a number of reports speaking to his family members

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Speaker 1: talked about this kind of iterant lifestyle that he had,

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Speaker 1: moving from place to place. And you see that also

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Speaker 1: in his extensive arrest records, because not only is he

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Speaker 1: arrested nine times in New York as well as in

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Speaker 1: New Jersey. And of course he bought his um he

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Speaker 1: bought his gun in Ohio, but he is facing now

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Speaker 1: federal terrorism charge. Right. What I mean if there is

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Speaker 1: this social media record here, is that potentially what led

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Speaker 1: to this terrorism charge for him. No, the terrorism charge

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Speaker 1: is because of where he committed the crime, so on

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Speaker 1: the transit system. That is considered a terrorism charge if

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Speaker 1: you do that kind of crime on any kind of

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Speaker 1: US transit system. Let's take a broader view here and

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Speaker 1: talk a little bit more about how this man hunt ended.

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Speaker 1: It was a very tense time here in New York

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Speaker 1: City over the last twenty four hours or so, that's right. UM.

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Speaker 1: So allegedly the police say that he had left the

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Speaker 1: subway station, UM walked around New York City. We don't

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Speaker 1: exactly know where he went after he left Brooklyn and

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Speaker 1: by the time he uh, he reached the East Village

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Speaker 1: in Manhattan yesterday is when he was apprehended. And I

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Speaker 1: understand there was a tipster who helped New York City

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Speaker 1: police apprehending this gentleman. Yes. Yes, So the police say

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Speaker 1: that they received tip that the suspect was in McDonald's

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Speaker 1: in the East Village, and they went to the McDonald's.

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Speaker 1: He wasn't there, so they started driving around the neighborhood

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Speaker 1: and that's when they found him a number of other

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Speaker 1: folks have come forward and said, you know, I help police,

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Speaker 1: I help police, or whatnot. And there's also some reports

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Speaker 1: from the Associated Press that the suspect himself was the

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Speaker 1: one who called it in. All those are still unconfirmed.

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Speaker 1: And with all this happening, the tension around the subway

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Speaker 1: system and violent crime an issue for New York City

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Speaker 1: Mayor Eric Adams. How is this case potentially changing or

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Speaker 1: shifting the strategy when it comes to dealing with the

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Speaker 1: surge in violence that we've seen in this city and

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Speaker 1: in other cities across the country. You know, immediately Adams

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Speaker 1: put on more police on the streets. You know, part

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Speaker 1: of that was because the alleged suspect was at large. However,

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Speaker 1: his kind of approach to policing so far, or his

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Speaker 1: kind of approach to crime so far, has been adding

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Speaker 1: more police. The question is, now does that really help?

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Speaker 1: Because the police weren't there and that's station when the

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Speaker 1: crime was committed, and so you know, they had done

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Speaker 1: regular sweeps as part of this plan that Adams had

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Speaker 1: put in put into place, but didn't that you know,

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Speaker 1: really do anything. So I think that there's gonna be

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Speaker 1: a lot of introspection whether or not even these early

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Speaker 1: days are actually working or if they're need to be

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Speaker 1: tweet Does the amer consider this incident in aberration or

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Speaker 1: does he consider it part of the overall pattern of

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Speaker 1: crime in this city. He really framed it as a

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Speaker 1: national issue, so he takes the zoom stage because he

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Speaker 1: was of course quarantined with with COVID, so he hasn't

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Speaker 1: been out and about, but he appeared and said, you know,

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Speaker 1: this is a national problem. This is happening in cities

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Speaker 1: across America, which is true, but it is also happening

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Speaker 1: right here in New York City, which is the most

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Speaker 1: populous city in the country, and so there is going

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Speaker 1: to be somewhat different kind of strategies that you're going

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Speaker 1: to have to take care in our last thirty seconds,

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Speaker 1: here is more being done to assure subway commuters that

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Speaker 1: their ride into and out of work is safe. You know,

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Speaker 1: you did see a drop boff yesterday of a little

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Speaker 1: less than ten percent from the week prior. The subways

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Speaker 1: running about was running about six and that you know

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Speaker 1: obviously varies day to day, but that's gonna be the

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Speaker 1: biggest hurdle. People don't feel safe taking the subway, they

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Speaker 1: don't feel comfortable taking the subway, and you know, how

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Speaker 1: are they going to bring back those writers is going

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Speaker 1: to be an important question, not just for the subway

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Speaker 1: system itself, but also for for its finances as well.

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Speaker 1: Thanks for this, Shelly, Thank you for the updates. Shelly

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Speaker 1: ban Joe Bloomberg News New York Bureau Chief with the

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Speaker 1: latest on the Brooklyn subway suspect Frank James as he

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Speaker 1: awaits his initial court appearance later today on federal terrorism charges.

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Speaker 1: Looking ahead to the market open this morning mixed as

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Speaker 1: we await bank earnings. SMP futures down two points. Staff

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Speaker 1: futures down six Nasdaq futures up thirteen points. The tenure

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Speaker 1: Treasury is up five thirty seconds, with the yield two

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Speaker 1: point six seven percent in the yield on the two

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Speaker 1: year two point three three. This is Bloomberg Bloomberg day Break,

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Speaker 1: brought to you by the New York Community Trust. Your

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Speaker 1: name will live on as a champion of the causes

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Speaker 1: you care about for years to come through a charitable

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Speaker 1: bequest to the New York Community Trust. Learn more at

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Speaker 1: Philanthropists dot NYC. Broadcasting live from the Bloomberg Interactive Broker

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Speaker 1: Studio in New York. Bloomberg EV Free to Washington, d C.

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Speaker 1: Bloomberg On to Boston, Bloomberg one O six one to

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Speaker 1: San Francisco, Bloomberg Non sixty to the country, Sirius XM

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Speaker 1: TOO one nineteen and around the globe the Bloomberg Business

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Speaker 1: and Bloomberg Radio dot Com. This is Bloomberg Daybreak. It's

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Speaker 1: five thirty on Wall Street. Good morning. I'm Nathan Hagar

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Speaker 1: and I'm Karen Moscow. We are just about four hours

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Speaker 1: away from the open of US trading. Let's yet you

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Speaker 1: have to date on the news. You need to know

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Speaker 1: at ash hour, New York City residents are breathing a

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Speaker 1: sigh of relief after police arrested suspected subway shooter Frank James.

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Speaker 1: Mayor Eric Adams released a statement after the arrest. Mayor

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Speaker 1: Adams is isolating after a positive COVID nineteen test. City

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Speaker 1: Police Commissioner Keyshaw Seul also addressed the arrest. We used

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Speaker 1: every resource at our disposal to gather in process significant

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Speaker 1: evidence that directly links Mr James to the shooting. We

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Speaker 1: were able to shrink his world quickly. There was nowhere

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Speaker 1: left for him to run. Police Commissioner Sewell said. The

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Speaker 1: NYPD worked with many law enforcement partners to make the arrest.

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Speaker 1: I meantime, in Washington, Karen, the focus remains on Ukraine.

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Speaker 1: President Biden announced eight hundred million dollars in additional US

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Speaker 1: military aid, while Europe continues to provide cash for weapons

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Speaker 1: as well. It comes as Russia warns of deploying nuclear

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Speaker 1: weapons in and around the Baltic Seas. That's if Finland

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Speaker 1: and Sweden joined NATO. As fighting continue used, Russia is

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Speaker 1: repositioning forces for renewed attacks in the eastern and southern

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Speaker 1: parts of Ukraine. Well, turning to the economy, back here

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Speaker 1: in the US, Nathan, it's all about inflation and surging

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Speaker 1: prices may soon have you paying more at Amazon training

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Speaker 1: US Live to explain, as Bloomberg's renied a young Good Morning, Rinda,

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Speaker 1: good Morning Care and Amazon merchants were already grappling with

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Speaker 1: cost related fee hikes that took effect in January at

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Speaker 1: average five percent, and now Bloomberg News has learned Amazon

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Speaker 1: is adding a five percent fuel and inflation fee on

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Speaker 1: online merchants that use its shipping services. That's putting pressure

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Speaker 1: on sellers to raise prices, and it's scheduled to kick

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Speaker 1: in on April. Amerald. Amazon joins a range of corporations

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Speaker 1: who have already had to take action to offset rising costs.

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Speaker 1: Airlines are raising ticket prices, Uber and Lift added fuel

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Speaker 1: surcharges and FedEx and ups have hiked their prices. Live

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Speaker 1: in New York, I'm renned a young Bloomberg day breaking

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Speaker 1: all right, Rinita, thank you. On Wall Street, four big

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Speaker 1: banks release earnings today. Morgan, Stanley, Goldman, Sacks, City Group,

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Speaker 1: and else Fargo all report this morning. They will follow

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Speaker 1: yesterday's mixed report from JP. Morgan never sees Nathan China

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Speaker 1: is trying to curb the spread of COVID nineteen, and

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Speaker 1: consumers in the US are feeling some effects. Apple shoppers

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Speaker 1: are facing longer wait times for MacBook Pro laptops, assign

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Speaker 1: lockdowns maybe contributing to delays. High end MacBook Pro is

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Speaker 1: seeing delivery estimates as late as mid June. Futures this morning,

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Speaker 1: S and P futures, DAL futures, NASDACK futures all pretty

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Speaker 1: much little change. Straight ahead, your latest local headlines plus

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Speaker 1: a check of sports, and this is Bloomberg. All right, Karen,

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Speaker 1: thank you. It's five thirty three on Wall Street. Were

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Speaker 1: fifty degrees in Central Park. Still dealing with that accident

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Speaker 1: on the northbound Connecticut Turnpike at exit nine. Will get

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Speaker 1: you the very latest details on that shortly. First, Michael

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Speaker 1: Barr with more on what we know about the Brooklyn

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Speaker 1: subway suspect. Michael, thank you very much. Nathan the suspect

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Speaker 1: arrested in the Brooklyn subway shooting and left ten people

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Speaker 1: wounded by gunfire. Also left behind a trove of angry

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Speaker 1: you too videos. Police were studying them for a possible motive.

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Speaker 1: Frank James seemed to been about nearly everything in his videos,

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Speaker 1: racism in America has struggles with mental illness. New York

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Speaker 1: City's new mayor nine eleven, Russia's invasion of Ukraine and

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Speaker 1: black women. In one, he said, this nation was born

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Speaker 1: in violence. It's kept alive by violence or the threat thereof,

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Speaker 1: and it's going to die a violent death. In my PD,

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Speaker 1: Chief of Detectives James Essex says the suspect has been

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Speaker 1: arrested nine times in New York and has other arrests

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Speaker 1: p S three arrests in New Jersey nine and two

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Speaker 1: thousand and seven there for trespass, loscity, and disorderly conduct.

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00:24:44,880 --> 00:24:47,879
Speaker 1: Chief Essex says the gun allegedly used by James was

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Speaker 1: purchased in Ohio in twenty eleven. Two new omicron sub

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00:24:52,200 --> 00:24:55,639
Speaker 1: variants that appear even more transmissible than the highly containeous

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00:24:55,760 --> 00:24:59,080
Speaker 1: b A two are driving an uptick in COVID cases

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00:24:59,119 --> 00:25:02,000
Speaker 1: in New York. According to the state's Health to bar Mandy.

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Speaker 1: It's the first reported instance of significant community spread due

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Speaker 1: to the two subvariants in the US. Texas Governor Greg

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00:25:09,400 --> 00:25:12,560
Speaker 1: Abbot continues to defy pressure from those opposed to his

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Speaker 1: new border policy. The extra inspections of commercial trucks coming

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00:25:16,600 --> 00:25:19,920
Speaker 1: from Mexico is snarling traffic and leading to warnings that

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Speaker 1: US consumers could face food shortages. Still, Abbott says it's

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Speaker 1: worth it. Texas is apprehending people crossing our border illegally

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00:25:28,800 --> 00:25:33,399
Speaker 1: from countries like China, Iran, Russia, Iraq and more than

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Speaker 1: a hundred and fifty additional countries from across the globe.

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00:25:36,520 --> 00:25:39,399
Speaker 1: Republican Governor Rabbit says he would not repeal his new

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00:25:39,480 --> 00:25:43,639
Speaker 1: policy at all bridges until there are more assurances of security.

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Speaker 1: Global News twenty four hours a day on air and

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00:25:46,920 --> 00:25:50,080
Speaker 1: on Bloomberg Quick Take, powered by more than twenty seven

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00:25:50,160 --> 00:25:52,800
Speaker 1: hundred journalists and analysts, are more than a hundred twenty countries.

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00:25:53,119 --> 00:26:00,520
Speaker 1: Michael bar this is Bloomberg. Michael, thanks five thirty on

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00:26:00,600 --> 00:26:02,680
Speaker 1: Wall Street Times for the Bloomberg Sports that datis. John

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00:26:02,720 --> 00:26:05,439
Speaker 1: Stanshower ranks. Nathan Aaron Brune was asked to sum up

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00:26:05,480 --> 00:26:08,760
Speaker 1: the hitting knicksploits of Toronto slugger Vladimir Guerrero Jr. He

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00:26:08,880 --> 00:26:11,200
Speaker 1: called it otherworldly. What a night for the son of

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00:26:11,240 --> 00:26:13,359
Speaker 1: the Hall of Famer. Home run to straightaway center field

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00:26:13,359 --> 00:26:15,680
Speaker 1: in the first inning, two run shot, the third of

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00:26:15,760 --> 00:26:18,040
Speaker 1: double in the sixth all that off Garrett Cole, and

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00:26:18,119 --> 00:26:20,520
Speaker 1: then a four hundred and forty three ft home run

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00:26:20,560 --> 00:26:23,600
Speaker 1: off Jonathan Laissa leaving off the eighth, the second three

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00:26:23,640 --> 00:26:26,639
Speaker 1: home run game of Guerrero's career. Toronto won six to

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00:26:26,720 --> 00:26:29,640
Speaker 1: four Yankees and defeat hit three solo shots. Anthony Wizzo

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00:26:29,720 --> 00:26:32,080
Speaker 1: and Aaron Judge went back to back the series and

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00:26:32,119 --> 00:26:34,359
Speaker 1: the homestand ends tonight mets her Off. They finished a

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Speaker 1: strong opening five and two road trip of the nine

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Speaker 1: six win at Philadelphia game, where they held on after

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00:26:39,520 --> 00:26:42,280
Speaker 1: leading eight to one. Home opener Tomorrow versus Arizona should

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00:26:42,280 --> 00:26:44,720
Speaker 1: be quite a day at City Field. They will unveil

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00:26:44,800 --> 00:26:48,240
Speaker 1: the Tom seavers statue. His grandson will throw out the

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00:26:48,280 --> 00:26:51,119
Speaker 1: first pitch. Clayton Kershaw, missed much of last season due

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00:26:51,119 --> 00:26:53,320
Speaker 1: to injury, made his first start of this season, and

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00:26:53,520 --> 00:26:57,200
Speaker 1: in Minnesota. Kershaw hurled seven perfect innings, twenty one outs,

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00:26:57,520 --> 00:27:00,880
Speaker 1: thirteen by strikeout only eighty pitches if they took him out,

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00:27:01,280 --> 00:27:05,120
Speaker 1: a decision made by Dodger manager Dave Robertson, supported by Kershaw.

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00:27:05,160 --> 00:27:06,520
Speaker 1: As much as I would have wanted to do it,

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00:27:06,640 --> 00:27:09,600
Speaker 1: I've I've thrown in the same game, you know, and

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00:27:10,280 --> 00:27:14,640
Speaker 1: and gone six innings, little one seven and um sure

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00:27:14,640 --> 00:27:17,159
Speaker 1: I would have loved to do it, but um, you know,

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00:27:17,240 --> 00:27:19,800
Speaker 1: maybe we get another chance. It's that perfect games don't happen.

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00:27:19,840 --> 00:27:22,160
Speaker 1: Offen only twenty four in baseball history. The Twins broke

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00:27:22,280 --> 00:27:24,240
Speaker 1: up the perfect game, then the no hitter in the

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00:27:24,320 --> 00:27:26,800
Speaker 1: eighth Rangers want for nothing at Philadelphia to shut out

484
00:27:26,840 --> 00:27:29,280
Speaker 1: for Alex Georgie of pair of goals for a cop

485
00:27:29,320 --> 00:27:32,280
Speaker 1: book Cappa, NBA play and wins for Atlanta, New Orleans,

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00:27:32,440 --> 00:27:34,959
Speaker 1: Las Vegas Raiders game quarterback Derek Carr a three year,

487
00:27:35,040 --> 00:27:38,280
Speaker 1: one hundred and twenty one million dollar extension. John Stashwar

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00:27:38,320 --> 00:27:41,520
Speaker 1: Bloomberg Sports John thanks five thirty seven on Wall Straight

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00:27:41,560 --> 00:27:44,400
Speaker 1: Time for the Tri State Business Report. Here's Bloomberg said.

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00:27:44,440 --> 00:27:47,240
Speaker 1: Corey Manhattan apartment rents hit a record high for a

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00:27:47,320 --> 00:27:50,240
Speaker 1: second straight month. Tenants fade a median of thirties six

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00:27:50,320 --> 00:27:52,920
Speaker 1: hundred and forty four dollars on leases signed in March.

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00:27:53,359 --> 00:27:55,760
Speaker 1: That's the most in three decades of data keeping by

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00:27:55,800 --> 00:27:59,760
Speaker 1: appraiser Miller, Samuel and broke Ridge Douglas Eleman. Real estate

495
00:28:00,080 --> 00:28:05,040
Speaker 1: rents jumped from a year earlier. Jersey Transit says Rail

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00:28:05,080 --> 00:28:08,760
Speaker 1: and Bus riderships continuing to rebound. Weekday rail riders ship

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00:28:08,840 --> 00:28:12,680
Speaker 1: on average since mid February, remaining above fifty percent from

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00:28:12,680 --> 00:28:16,440
Speaker 1: where it was before the pandemic began. Average rail ridership

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00:28:16,480 --> 00:28:19,440
Speaker 1: on weekends went up to about eight percent as a Wednesday.

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00:28:19,800 --> 00:28:23,879
Speaker 1: Copenhagen's famous Noma restaurant is coming to New York for

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00:28:24,000 --> 00:28:26,840
Speaker 1: a few days. Bobo plans to open a pop up

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00:28:26,880 --> 00:28:31,240
Speaker 1: in Brooklyn May sixteenth through. It'll be an especially built

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00:28:31,320 --> 00:28:34,520
Speaker 1: venue a twenty six Bridge Street in the Dumbo neighborhood.

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00:28:34,800 --> 00:28:38,240
Speaker 1: The restaurant will serve fifty guests each night. That your

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00:28:38,280 --> 00:28:41,560
Speaker 1: Bloomberg Triesday business report. I'm ind Corey, thank you at

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00:28:41,560 --> 00:28:44,200
Speaker 1: its eight on Wall Street. Bloomberg Radio is on the

507
00:28:44,280 --> 00:28:47,240
Speaker 1: air from San Francisco to New York, London to Hong Kong.

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00:28:47,400 --> 00:28:49,520
Speaker 1: Let's check in with our global news team for some

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00:28:49,680 --> 00:28:52,120
Speaker 1: of the top stories heard on our three hundred affiliate

510
00:28:52,240 --> 00:28:58,120
Speaker 1: radio stations around the world. I'm Steve Potos, got on

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00:28:58,280 --> 00:29:00,920
Speaker 1: ten ten Wins in New York. We're talking about Manhattan

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00:29:01,000 --> 00:29:04,840
Speaker 1: apartment read setting another record and a frenzy market. I'm

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00:29:04,880 --> 00:29:07,360
Speaker 1: Scott Carr on w b b M in Chicago. I'm

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00:29:07,400 --> 00:29:10,360
Speaker 1: reporting on a group of local techy's ditching Zoom to

515
00:29:10,440 --> 00:29:14,240
Speaker 1: bring the Chicago tech community together again for in person events.

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00:29:14,520 --> 00:29:17,520
Speaker 1: I'm Jeff Bullinger and on wy O G in Miami,

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00:29:17,680 --> 00:29:22,160
Speaker 1: I'm reporting a Miami based cryptocurrency payment startup has attracted

518
00:29:22,200 --> 00:29:25,920
Speaker 1: a lot of celebrity backing Alice Mateo and on KYW

519
00:29:26,120 --> 00:29:28,520
Speaker 1: in Philadelphia, I'll be reporting on the expansion of the

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00:29:28,520 --> 00:29:32,160
Speaker 1: plant based market with Foe Eanks Timid Corey on w

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00:29:32,520 --> 00:29:35,520
Speaker 1: w J in Detroit. And I'm reporting the Southfield Town

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00:29:35,640 --> 00:29:38,600
Speaker 1: Center expected to be sold by the end of next month.

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00:29:39,360 --> 00:29:41,640
Speaker 1: Those are some of the stories our twenty seven hundred

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00:29:41,640 --> 00:29:44,479
Speaker 1: Bloomberg journalists and analysts are working on this morning around

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00:29:44,520 --> 00:29:46,960
Speaker 1: the world. It's five thirty nine on Wall Street. The

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00:29:47,080 --> 00:29:50,560
Speaker 1: following is an editorial from Bloomberg Opinion. One of the

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00:29:50,640 --> 00:29:53,800
Speaker 1: most important decisions of politician can make is selecting the

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00:29:53,880 --> 00:29:56,920
Speaker 1: competent deputy is ready to step in as soon as

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00:29:56,960 --> 00:29:59,440
Speaker 1: the need arises. The people of New York could have

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00:29:59,560 --> 00:30:03,040
Speaker 1: expected at Kathy Hocle to understand this, since she served

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00:30:03,080 --> 00:30:05,920
Speaker 1: as Lieutenant governor for years before stepping in to replace

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00:30:06,000 --> 00:30:10,440
Speaker 1: Andrew Cuomo, but apparently not. It emerged this week that

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00:30:10,520 --> 00:30:14,440
Speaker 1: Hoco's running mate in the upcoming gubernatorial election, Brian Benjamin,

534
00:30:14,720 --> 00:30:19,240
Speaker 1: has been indicted on campaign finance violations. After pleading not guilty,

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00:30:19,480 --> 00:30:23,120
Speaker 1: Benjamin resigned from his role as Lieutenant governor. If balot

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00:30:23,200 --> 00:30:27,160
Speaker 1: rules prevent Hoco from changing running mates before the primary election,

537
00:30:27,480 --> 00:30:30,280
Speaker 1: as seems likely, she should throw her weight behind the

538
00:30:30,320 --> 00:30:34,240
Speaker 1: most qualified candidate available, even if it requires a writing campaign.

539
00:30:34,800 --> 00:30:38,160
Speaker 1: Supporting someone who's above reproach is the best way for

540
00:30:38,240 --> 00:30:40,600
Speaker 1: her to win back the confidence of New York's voters.

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00:30:41,000 --> 00:30:43,880
Speaker 1: This editorial was written by the Bloomberg Opinion editorial Board.

542
00:30:44,000 --> 00:30:46,600
Speaker 1: I'm David Shipley. For more Bloomberg opinion, please go to

543
00:30:46,640 --> 00:30:50,800
Speaker 1: Bloomberg dot com, slash Opinion or Opango on the Bloomberg terminal.

544
00:30:50,920 --> 00:30:53,680
Speaker 1: These has been Bloomberg Opinion. You can listen to Bloomberg

545
00:30:53,720 --> 00:30:57,800
Speaker 1: Opinion editorials every weekday at this time. Terminal customers can

546
00:30:57,880 --> 00:31:01,000
Speaker 1: read more at O P I n GO. Future is

547
00:31:01,080 --> 00:31:03,760
Speaker 1: kind of treading water before we get to the latest

548
00:31:03,920 --> 00:31:07,560
Speaker 1: round of bank earnings. This morning, SMP futures are little

549
00:31:07,640 --> 00:31:10,480
Speaker 1: changed at the moment. DAL futures up fifteen points, so

550
00:31:10,560 --> 00:31:13,880
Speaker 1: we're Nasdaq futures ten. Your treasury is up one thirty second,

551
00:31:13,920 --> 00:31:18,400
Speaker 1: the yield two point six nine percent. This is Bloomberg

552
00:31:22,080 --> 00:31:24,959
Speaker 1: Bloomberg eleven three oh weather showers and thunderstorms this afternoon

553
00:31:25,040 --> 00:31:27,840
Speaker 1: with a high close to eighty degrees. Sunshines back tomorrow.

554
00:31:27,920 --> 00:31:30,680
Speaker 1: Upper sixties. Will be in the upper sixties Saturday as well,

555
00:31:30,760 --> 00:31:33,719
Speaker 1: with a few showers possible right now