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Good morning everybody welcome to the San Francisco board of supervisors budget and finance question meeting for wednesday february, 10, 2016. I want to thank jennifer low and charles for covering this meeting. Do we have any announcements . Please silence all cell phones. Items acted upon today will appear on the february 24th board of supervisors agenda. Item number one resolution authorizing the recreation and Park Department accept grant in the amount of approximately 27 million from the sta...

The confirmation vote in the senate may take place as early as next week. No one is taking thats after the surprise where the central bank confused prediction. Making a you are not sticking your neck out. Class i am not. Job creation has really picked up and that has a lot of people talking about the possibility of a taper. We talked yesterday about how retail sales were pretty good. Maybe that means things were sustainable. Let me show you something i did not show you yesterday. Step back a lit...

Market used to act, the old normal seemed to be back today when the ism Service Number came out less than expected, the bonds rallied. Thats the way it should work. Some peculiar moves we should say in the bond market today. Stocks weakened as soon as that report hit and that took us from being up 60 points to down 40 as weve had a triple digit swing if you want to call it that. The dow is off just about 5 points. The s p 500 and the nasdaq are a little weaker, too. Also, is it time to bet on ma...

Now, for monday then, we start the new working week on a rather benign note, light winds again, cold wherever you are, and there will be some areas of mist and fog, very dense fog in places, it could be stubborn to clear, and if it doesnt clear, then its going to be cold, temperatures hovering around freezing throughout the day. But then some brightness, we should see temperatures reaching around 3 6 degrees. Start to see some changes though in the east, as this area of low pressure in the north...

Posted from North Carolina to the canadian border. At least 21 deaths are blamed on the dangerous weather, including a pregnant woman. She was hit by a snowplow in a parking lot. Doctors delivered her baby, whos in critical condition. As of last night over 500,000 homes and businesses remain without power. Travel remains treacherous and thousands of flights have been canceled. Marlie hall is here in new york. Marlie, good morning. Reporter annemarie, good morning. Its been more than 24 hours sin...

Legalized, dont expect a scent subsidy and pay every tax imaginable. And in ten years forget about bringing your brothers or sisters because those are gone. Then if that wasnt enough 20,000 more Border Patrol agents. But its worth it what youre doing. What were doing is worth it. I want to extend another hand to the other side of the aisle to say all of those things i dont like them, but im ready to accept them because the alternative is the kind of pain that you hear that young lady. And you ha...

Are significantly lower, so this is another way the benefits of low skilled immigration. Low Skilled Services are cheaper in markets where there is a lot of immigration. Ok. There is a variety of other things that immigration does. We talked about the productivity spillover from other types of immigration. There are other impacts. I want to drive home the idea that we benefit from bringing in low skilled workers. There is this potential cost and maybe we are raising inequality, and that is a big...

I think they definitely need to do a better job there. I think this is true not just for president obama but everyone of us. Things are complicated. They are more complex than they look on paper. You bring up the payroll tax cut. I thought it was a terrible idea in the context where we are supposed to collect this money to help pay for the retirement of current retirees. You cannot have it both ways. Claim we have Social Security selffunded and then say we are not going to collect that program. ...

The worlds biggest gambling hub starts a fightback against the new coronavirus today. Macau reopens its casinos after closing them for more than two weeks, because of the outbreak. Its a vitally important sector for the chinese territory, which last year brought in almost 36. 5 billion. It comes as Many Companies around the globe struggle to cope with the impact of the outbreak. In china, tech firms like tecent, alibaba and microsoft have said their staff will work from home for the next one to ...