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Great before it was better for a certain class of people i. E. The bottom 99 percent it wasnt as great for the top one percent back then this is not some back of the napkin approximation according to a groundbreaking new working paper by carcassi price Catherine Edwards of the Rand Corporation have the more equitable income distributions of the 3 decades following world war 2945 through 1974 really held steady the aggregate annual income of americans earning below the 90th percentile would have been 2. 00 trillion dollars higher in the year 2018 alone this is an amount equal to nearly 12 perce...

A look at back at the biggest stories in the last 7 days but 1st stay with us for the kaiser report. Oh hi im max foster this is the kaiser report you know there seems to be a bit of panic in the air. Play lets check in with Stacy Herbert i dont more max as you know weve had 4 years of a lot of political turmoil and starting to spill out into the streets everywhere you look not only in the United States but around the world and Rand Corporation might have an explanation for this now remember Rand Corporation if youre if you were around in the seventys they were part of the pentagon papers righ...

Stayathome to save the birds of london. That is a good thing to say. It is the strangest august, and the only litmus paper youve got right now is the weaker dollar, the preponderant trend this morning. Francine yeah, weaker dollar. Im also looking at a couple things. When it looks at iron ore, it is significantly up, and we are looking at gold. First lets get straight to the bloomberg first word news in new york city with ritika gupta. Ritika Michelle Obama describes President Trump as unfit for office on the Opening Night of the democratic convention. The former first lady blasted him from hi...

Clouds and areas of fog. Also for livermore coming in at 58. 60 in oakland as well as for concord. So as we head through the afternoon looking at 67 with that sunshine in San Francisco. 73 in oakland later today. And warming up in san jose at 84 and 90 for concord. Near average if not just a little bit above average for this time of year. Ill let you know how hot it will get by the end of the week and details on that coming up. Im anne makovec at the live news desk. And some breaking news we just got word of an earthquake in the geysers. This is in the far north bay. It was not huge, just a 4....

Will come to the hearing to have differences with. I think that will make up the American Public on the reliance of supply chain of Critical Materials do you consider that our response to the decision to allow huawai with a 5g network that theri government decision crosses the alliance. And with and this specifically looking at cyberattacks. We are divided into two parts really want to be dependent on the Chinese Government when everything goes wrong my argument is probab that the same and then Brigadier General problem that you have another democracies is that intense would join us for part n...