Women & Pay: Is the Wage Gap Still Intact?

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March 20 (Bloomberg) -- Karen Tramontano, CEO at Blue Star Strategies, and Bloomberg's Mike McKee discuss wage disparity between men and women. They speak on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)

Laughing himself at being targeted by the russians.

The russians -- the spokesman for vladimir putin says russia will retaliate further based on the latest round of sanctions.

The tit-for-tat has begun.

John boehner saying he is proud to be on that list.

Peter cook in washington, thank you so much.

In brussels, european officials are meeting to decide if they will -- to decide if they will impose more sanctions against russia.

I'm interested to see what the response has been to president obama's earlier sanctions.

There is no question that the eu leaders want to punish president putin for fast tracking the annexation of crimea.

David cameron, the british prime minister, angela merkel, the german prime minister, said they would like to see the sanctions -- the german chancellor, said they would like to see the sanctions strengthened.

The first option is to expand their blacklist that they have that subjects russian officials to asset freezes in those -- and those travel bans.

There is a perception that they went after smaller-fry russian officials and they should go further up the food chain to some of the closer associates of president putin.

The second option would be to go after -- impose wider economic sanctions.

Keep in mind the european union is comprised of 28 different nations.

They make decisions here by consensus.

There does not appear to be the appetite from all of the ae you countries to -- of the eu countries to go forward with economic sanctions at this point.

For example, cyprus has said they do not see the need for any more sanctions.

They do have a vote.

Meanwhile, interesting, in moscow, you have the russian president meeting with the un's secretary-general -- the u.n. secretary-general ban ki-moon.

We had the lower house of the russian parliament go ahead and improve the -- approve the annexation of crimea.

Now the bill goes to the upper house.

The federation council.

They will approve it tomorrow and it is a done deal.

What does the you think the sanctions will accomplish?

-- what does the eu think the sanctions will accomplish?

It cannot be in response to crimea at this point, right?

That's exactly right.

They wouldn't say this publicly.

Most people have written off crimea.

They understand russia will have control of crimea even if they don't have -- recognize it as part of russia.

They are moving their troops and fortifying the border because they don't think the russians are done yet.

So, it is crystal clear for us that russian authorities will try to move -- [indiscernible] we still maintain control.

We still preserve the fragile stability in this region.

One thing the leaders are clear on, should we see intervention in the east of ukraine, then they would be prepared for economic sanctions.

The polish prime minister is talking about that.

That would be the red line.

If president putin crosses that, we could see economic sanctions.

Unanimous is the key word.

Thank you so much.

We appreciate all your hard work.

Ryan chilcote in brussels.

We will have more on that and what the u.s. can do to increase pressure on russia with a former official at the u.s. treasury.

He will be joining us in about 10 minutes on "bottom line." i'm looking forward to this interview.

Stay tuned.

Spring has sprung.

It says it on the calendar.

Today marks the first day of the new season.

We are looking forward to the beach weather at the end of this terrible winter.

Economics editor mike mckee wonders if winter weather woes aren't a bit exaggerated.

Why do you think?

Let's get in the mood for this.

Let's roll the tape, take a walk down memory lane here.

Back in february when the snows were piling up -- that should get you into the mood right there for what we are going to talk about.

It was a bad winter in terms of snow and cold.

The weather bureau map shows that across the country it was much colder than usual for much of the winter.

There is a bit of an excuse, but there is not as much information as the data as we once thought.

First go back to housing starts.

If you're going to be put inside by the cold, construction workers are not going to work.

Look at housing starts.

They didn't fall significantly during the winter.

As a matter of fact, higher than in september and in october.

Payrolls, shouldn't see as many construction workers.

Pretty much flat for the last five years.

No real winter-whether effect there -- winter-weather effect there.

Retail sales -- we know they fell off, but take a look at the white line.

They fell off during years in which there were excessive amounts of snow.

What was different about this year?

It doesn't necessarily seem to be the weather.

In some areas, it can highlight the weakness we have already been seeing, but you can use weather as an excuse is what you're saying.

That seems to be the excuse janet yellen was making yesterday, that it was weather and some other things.

Companies are using this as a major excuse.

81% more citing whether as a factor -- citing weather as a factor in poor earnings than last year.

It is not over.

Weather map shows another storm is coming next week.

You should get very excited.

That is next week's forecast.

Look forward to that.

These companies have to deliver payback.

We will see if they can deliver.

Economics editor michael, thank you for that horrible news.

Coming up, the crisis in russia.

We will -- explore whether releasing oil from the reserves could help put a squeeze on russia's economy.


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