. ♪ mark: i'm mark crumpton u.s. centers for disease control and prevention announced the most significant shift in federal guidelines since the start of the coronavirus pandemic. >> anyone who is fully vaccinated can participate in indoor and outdoor activities large or small without wearing a mask or physical distancing. if you are fully vaccinated, you can start doing the things you have stopped doing because of the pandemic. we have all longed for this moment where we can get back to some sense of normalcy. >> whether you are inside or outside, i think it is a great milestone, a great day. it has been made possible by the extraordinary success we have had in vaccinating so many americans so quickly. mark: dr. walensky did specify exemptions. she said masks are required in some circumstances like cross-border travel. but as prime minister boris johnson says he is anxious about a rise in u.k. coronavirus variant that was identified in india. a study of infections in england has found the variant is becoming more co

mark: i am mark. crumpton with bloomberg's first word news. . president biden will said lawmakers his first fiscal 2022 budget proposal the white house economic council budget deputy director tells bloomberg he believes big companies have the capacity to pay more in taxes to help fund infrastructure investments. >> 2018, the effective tax rate pays by u.s. multinationals was 8% and compare that with a tax rate small businesses pay. compare that with the tax rate of the average middle-class family. there is clearly capacity for these companies to pay more in taxes, to help finance investments that will be good for these companies and the long run. mark: he says the president's budget is about improving and creasing -- increasing the productive capacity of our a long talk -- our economy over the long term. the syrian president bashar al-assad has won the country's elections. er

mark: i'm mark crumpton with bloomberg's word news. the biden administration's plans to delay by two weeks of than on new u.s. investment in certain chinese companies, bloomberg has learned officials are drafting guidance to clarify a policy the confused wall street. investors now face a june 11 deadline to buy shares in the company or sell shares to americans. white house works to clarify how the investment than of five subsidiaries of black listed companies. an agreement of reviving the new iran nuclear deal may be getting closer. according to the bbc, significant progress has been made. the bbc says an announcement will be made tomorrow. more trouble for americans biggest fuel system, colonial pipeline says it is experiencing network issues, leaving customers unable to access flu -- access fuel shipments. the company re

mark: i am mark crumpton with bloomberg's first word news. the biden administration is taking steps to make sure covid-19 vaccines get to states that need them. bloomberg learned that -- vaccine uptake has varied significantly by state, but the u.s. has been allocating supply evenly based on adult population regardless of how many doses are being used. japan's prime ministers reportedly struggling with a decision on whether to end or extend the coronavirus state of emergency for tokyo and greater osaka. the prime minister has told advisors the decision on whether to lift the emergency on may 11 will be tough. he is concerned the number of cases have not been declining. there are signs the covid-19 pandemic in mexico may be starting to ease. the country says daily fatalities drop below 100 for the first time in one year this week. mexico has regularly seen more than 1000 covid deaths each day with a high of more than 1800 on january 21. a familiar name running for governor of florida again. the former governor made the announcement on twitter

mark: i am mark crumpton. members of george floyd's family met with house speaker nancy pelosi today. has been a year since mr. floyd's murder in minneapolis. they get together comes as think negotiation's on a police reform bill named after mr. floyd passed the house of representatives in march, but stalled in the senate. family members are set to meet with president biden and vice president harris in the oval office later today. moderna will submit a request in june to expand the emergency use authorization for its vaccine to include a group of teens. a large study showed his covid-19 vaccine was highly effective in 12 to 17-year-olds. if it stays on track, moderna says the vaccine could be ready for the teens by the third or fourth week of june. if one half of all american adults will be vaccinated by the end of today, that's from the official at the white house. the news comes as many states are easing mask wearing rules and other restrictions as case numbers continued to tick downwards in many areas. back

this is bloomberg. ♪ mark: i am mark crumpton with bloomberg word news. senate minority leader mitch mcconnell opposes the democrats plan to have a commission investigating the january 6 riot, casting doubt about whether congress can agree on the insurrection. after saying he was undecided to establish a commission, mcconnell said today that it was imbalanced. they are set to vote today. boris johnson is enforcing the uk's stance on travel. speaking in the house of commons, the prime minister said people will need to follow the guidelines when making travel plans. >> you should not be leaving except for an extreme circumstance such as serious illness of a family member. you should not going out of the country on holiday. if you do go to an amber list country, we will enforce the 10 day quarantine period, and if you break the rules, you face substantial fines. mark: health officials say at least 70% of u.k. adult have received one dose of a covid vaccine and 40% are fully vaccinated. texas governor greg abbott has signed a new strict abortion measure into

this is bloomberg. ♪ mark: i mark crumpton with bloomberg's first word news. the president is preparing for his first face-to-face meeting with kevin mccarthy and mitch mcconnell. it comes as republicans ramp up opposition to the president's economic plan. there is not much expectation for breakthrough at the meeting. last week, mitch mcconnell said he is 100% focused on blocking the president's agenda. north america's biggest petroleum pipeline is pledging to restore deliveries of gasoline and other fuels to the eastern u.s. and by the end of the week, after a cyber attack halted shipments. clinical pipeline says that segments of its line are being brought back online in steps. fuel shortages could affect the east coast. the fbi is looking into the disruption. americans it set a record for pandemic era air travel, then broke it over mother's day weekend. the transportation security administration says more than 1.7 million people were screened at checkpoints on sunday, the highest number since march of 2020. but those crowds are still smaller than before the

mark: i am mark crumpton with bloomberg's first word news. gas stations along the east coast in the united states are starting to run out of fuel. as north america's biggest petroleum pipeline fight to recover from a cyberattack. from virginia to florida to alabama, fuel stations are reporting they have sold out of gasoline as supplies dwindle and panic buying sets in. colonial pipeline does not expect to be able to substantially restore service before the weekend. pediatric researchers are investigating whether covid-19 is becoming more severe for children. the cdc says since early april, the rate of cases in young kids and early teens has been surpassing that of those 65 and older, and hospitalizations for children with covid-19 are not falling as much as those 18 and up. that has researchers concerned that variants may be affecting children in new ways. including a rare inflammatory disease that has been linked to covid-19 infections. and the u.k., a milestoneha

. ♪ >> i am mark crumpton with first word news. president biden will increase federal spending in the coming fiscal year in a new budget, according to the new york times. the annual deficit would be $1.43 trillion. today, the president of the cleveland fed spoke about it. >> we turned the tide on a once in a century pandemic, a once in a generation economic crisis, and families are beginning to breathe easier. we still have work to do, but our future today is as bright and wide open as it has ever been, and now we are facing the question, what kind of economy are we going to build for tomorrow? >> gop lawmakers rejecting the plan the senator of indiana told bloomberg television that mr. biden's plan is unbelievable and crazy. former president trump and his lawyer rudy giuliani have asked a federal judge in washington to throughout lawsuits accusing him of helping to incite the january 6 capital insurrection. both men spoke at a rally before the riot. mr. trump argues his speech was a presidential back, for which he cannot be held l

. ♪ mark: i'm mark crumpton with bloomberg's first word news. government experts are projecting covid-19's toll on the united states will fall sharply by july, but the centers for disease control are also projecting a "substantial increase in hospitalizations and deaths" as possible if unvaccinated people do not follow basic precautions. the cdc reporting an average of about 350,000 new cases each week, 35,000 hospitalizations, and more than 2000 deaths. gary gensler sending his strongest signal yet that the wild trading in gamestop could lead to new rules for online brokerages and firms that dominate the business of executing stock trades. he said popular trading apps encourage retail investors to buy and sell more frequently, something that can trigger lower returns. foreign ministers from the group of seven nations are singling out china's treatment of its uighur minority and has spread some concern over russia's buildup on ukraine's border. following two days of talks in london, the ministers have said they are deeply concerned about human r

mark: i am mark crumpton. the senior advisor to president obama on both -- on president biden for code response as the centers for disease control would decide soon on whether to update its mask wearing guidance when it comes to travel. he spoke with bloomberg's david westin. >> as of now the cdc is saying if you're going to an airport to get on an airplane, wear our mask. they may update guidance as they learn more. i think for the meantime we need to understand the cdc puts out what it has. ed has got a lot of guidance updates. if i was to travel, i would certainly be wearing a mask on an airplane. mark: he also says they plan that she plans to leave his post at the start of june. british taurus will get to relax on the beaches of portugal after officials in the country lifted restrictions on u.k. arrivals. officials say tourists from the united kingdom with a negative covid test will be able to enter the country starting may 17.

mark: i am mark crumpton. top diplomats from china and the u.s. showcase their diverging views on how to address regional and global crises at a china-hosted united nations security council event today. here secretary of state antony blinken. >> when member states, particularly permit members of the security council flout these rules and block attempts to hold accountable those who violate international law, it sends the message others can break those rules with impunity. all of us must accept the scrutiny, however difficult, that comes with the commitments we freely made. mark: the secretary of state and china's foreign minister were joined by several other foreign ministers. the british prime minister boris johnson's conservative party is running big in the parliamentary district north of london. it comes on the heels of the prime minister's brexit triumph and successful cover 19 vaccine rollou

that's golo.com. ♪ mark: i am mark crumpton. don't panic and don't hoard gasoline, that plea from officials as the oil pipeline shutdown already begins to hit gas stations hard. according to retail tracker gas buddy, more than three quarters of stations in some cities are out of gas. colonial pipeline has told federal officials it will know by late today whether it is able to restart gasoline and diesel flows that have been on hold since criminal hackers targeted the company last week. the european union's executive arm once to block 27 member states to ban all non-essential travel to and from india. the so-called emergency brake is an attempt to limit the spread of the covid-19 variant the tech did in india. india has reported more than 200,000 daily infections for 21 consecutive days. 254,000 have died. experts say that could quadruple to more than one million before the pandemic comes to an end. there

mark: i am mark crumpton with first word news. the spanish tourism industry is seeing a comeback. spanish secretary for tourism fernando valdes tells bloomberg that by the end of this year, sl a chunk of its revenue will come from tourism. >> to close our year, at least with 50% of the numbers coming from tourism. that is not an optimistic view. we expect to be the least of our reputation. mark: secretary valdes says he expects the green certificate program, the health care system to be in place by july 1. but he says spain will be ready by june 7. three times this year, major pieces of u.s. infrastructure failed. first the texas power grid, then the east coast's main gasoline pipeline. then after that, a freeway bridge over the mississippi river. the crises disrupted businesses and lives, cost billions, and left more than 150 people dead. the infrastructure package would necessarily have prevented that. that would not necessarily have prevented that. in the way the u.s. exhibit and pays for infrastructure. they say the country focuses more on building new things rather than maint

mark: i am mark crumpton with bloomberg first word news. as american soldiers pull out of afghanistan, the taliban is warning the u.s. military not to set up bases in the region. that group says pakistan is vowing that no american bases will be allowed in its territory, and no u.s. drone strikes from pakistani territory will be permitted. the statements, amid speculation that the u.s. will want a nearby area from which to launch strikes against militant targets. u.k. prime minister's former advisor is criticizing his old boss, saying he is not fit to run the country for top speaking during a hearing in parliament today, dominic cummings accused oris johnson of not taking the covid-19 questions seriously enough when it began and was even critical of himself. >> in any sensible, rational government, it is completely crazy that i should have been such a senior position, in my personal opinion. it is completely crackers that someone like me should have been in there, same that it is crackers that boris johnson should have been in there. mark: c

this is bloomb♪ >> i am a mark crumpton. the u.s. job market continues to thaw as more americans get vaccinated and returned offices. these economic green shoots are gleaned from the weekly jobless claims report. last year there -- last week, applications for jobless claims report fell to a low. still, the claims levels remain elevated in comparison to pre-pandemic levels. dr. fauci says the odds that covid-19 will surge in the united states are low but that it is up to the american people. >> we don't want to declare victory prematurely, but if we can get 70% of adults vaccinated with at least one dose by the fourth of july the where the president has set the goals, i think the chances of there being a surge or a rebound is extremely low. it's the reason we want to continue to keep people vaccinated. >> dr. fauci expects all americans to vaccinated by 2022. here in manhattan, a billionaires million-dollar island opens tomorrow. is a platform of grass, trees, and winding pathways mounted on concrete piles where p 54 used to be. throu

i'm mark crumpton, this is bloomberg. ♪ amber: welcome to bloomberg markets. matt: we welcome our bloomberg audiences each day at this hour, here are the top stories we are following for you from around the world. another selloff for bitcoin. the largest digital currency tumbled as china reiterates its warning that it will crackdown on mining to control financial risk we will discuss with the ceo of blockchain.com. tim cook takes the stand, we will bring you the latest on apple versus epic court battle as the ceo of apple defends his platform. we will bring you the details on canadian national's $30 billion crib -- purchase of kansas city southern. the first railroad could operate from at -- canada down through the u.s. and onto mexico. amber: back on track, i see what you did there. let's get our viewers on track with the market action right now. we could see the dow is the outperformer right now. that is being led by shares of boeing. we are seeing a modest pullback in tech. tech has had a banner week here in canada. it has been a rough ride for bitcoin inve

i am mark crumpton, this is bloomberg. >> it's 1:00 p.m. in new york, 7:00 p.m. in berlin, 1:00 a.m. in hong kong. i am matt miller and welcome to "bloomberg markets." here are the top stories we are following from around the world. just a few -- in just a few moments, we speak with the co-ceo, soon-to-be souls ceo -- soon-to-be souls ceo of a company with $9 billion under assets. about the state of investment in the outlook for 2021. plus, how been parks are faring amid the pandemic, hopefully amid the reopening with richard zimmerman, the ceo of teeter fair, one of the largest park operators. they own cedar point and others. we will talk to the prudential ceo charles lau bree about how the insurance -- equity indexes as opposed to what we see here in europe. one to 2% gains on european indexes and the s&p 500 is also up about 3/10 -- .3%. even with earnings out that are better than expected, continue to be better than expected. maybe that reflects still a little bit on janet yellen's comments yesterday. the u.s. 10 year yield, little change at 159 .25. gold is

. ♪ >> i am mark crumpton with bloomberg first word news. amber merkel is weighing in against the u.s. proposal for patent protection. the plan would create severe complications for the production of vaccines. the form suitable industry has argued that the incentive of profits, drugmakers might not move as aggressively to make vaccines in the future. the new poll shows the number of americans who have not gotten a covid-19 shot, but played you is at 9%. the national survey indicates that reaching widespread immunity in the u.s. is becoming increasingly challenging, and with federal authorization of the pfizer vaccine age -- for kids age 12 to 15 soon, some parents are reluctant to get their children vaccinated. united states is boosting security assistance to the ukraine to counter russia's aggressive

i'm mark crumpton. this is bloomberg. ♪ matt: it is 1:00 in new york, 7:00 in berlin, 1:00 a.m. in hong kong. i'm matt miller. welcome to bloomberg markets. here are the top stories we are following for you from around the world. megamerger monday. the details on at&t's and discovery's $43 billion deal as a telecom company sheds its media assets less than three years after acquiring them at an eye watering loss. president biden announces he is sending vaccines abroad. we will hear from him in a few moments on his plan to send 20 million additional doses to other countries that need it most. and we will discuss how businesses will handle the relaxed mask mandate's, with dr. sabra klein of the johns hopkins bloomberg school of public health. a quick check on what is going on in the market today. a steady drop of about half a percent in the s&p 500 this afternoon. we have seen this throughout the session. u.s. 10 year yields up slightly at 1.6352. the bloomberg dollar index falling a little bit to 1119. new york crude coming up to 66.34. a little movement to the upside and in other

i'm mark crumptom --crumpton. this is bloomberg. ♪ >> welcome to bloomberg markets. i'm amanda laying -- amanda. in just a moment, we will speak to bruce heyman, the former u.s. ambassador to canada. we will discuss the latest numbers and how it could affect wages. ahead of disney's earnings, we will speak with -- >> we are watching markets a little more positive action for equities. inflation remains one of the key stories showing up on the producer saying perhaps transitory. you can see as and p virtually unchanged. -- you can see the s&p virtually unchanged. all but energy had been higher. energy is correcting a little bit. you see the price of that commodity come down. you have seen a across utility and tech. we are seeing a tone and attitude. there is a bit of crossing that should be positive for anybody that wants to return to normalcy. the cdc is saying that as soon as later today, they may issue new guidance on vaccinated people and the requirement that they wear masks. the updated guidance reportedly that the transmission rate for vaccinated people is very l