. >>> still ahead on "the exchange," we were back in the spotlight after adam newman made a bid to buy company out of bank ruptry. we'll discuss. when it comes to investing, we live in uncertain times. some assets can evaporate at the click of a button. others can deflate with a single policy change. savvy investors know that gold has stood the test of time as a reliable real asset. so how do you invest in gold? sandstorm gold royalties is a publicly traded company offering a diversified portfolio of mining royalties in one simple investment. learn more about a brighter way to invest in gold at sandstormgold.com. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading. and sharpen your skills with an immersive online education crafted just for traders. all so you can trade brilliantly. >>> good afternoon, everyone welcome back to "the exchange. tyler mathisen here with your cnb

wework co—founder adam newman has reportedly moved to buy the troubled office sharing company.e than $500 million for the firm according to us media reports. wework was once valued at close to $50 billion. it filed for bankruptcy in the us last november. in the last hour, sri lanka's central bank will announce its latest rate decision. the south asian nation is still recovering from its worst economic crisis in decades, after defaulting on foreign debt in 2022. colombo is in the process of getting bailed out by the international monetary fund. last week the bank approved the third instalment of $3 billion. during the crisis, prices in sri lanka rose as much as 70%. the inflation rate has eased to around 6% but the economy still faces issues in the months ahead, says ganeshan wignaraja from global think tank odi. the economy's indeed recovering. inflation is down to about 6% and the exchange rate is around 300 rupees to the us dollar. and there is also foreign reserves — extra 2.5 billion and tourism numbers are up. this is really due to decisive measures by the wickremesinghe g

newman maybe looking to get his old company back a person familiar with the matter tells cnbc neumannkruptcy the bid could grow to more than $9 million depending on the outcome of a due diligence process. at the moment, the source of neumann's funding isn't clear. he was ousted from wework five years ago and the company filed for bankruptcy last year since then, it's been working with advisers to estructure. in a statement, wework says it remains focused on finishing the work it began when they filed for bankruptcy and says it believes it will emerge from chapter 11 protection in the second quarter as what it calls a financially strong and profitable company >>> when we come back, bespoke's paul hickey will join us on the markets and on the current run for the s&p 500. it's doing something right now that it's only done a handful of times in the last 70 years >>> and a quick programming note jim cramer has an interview with blackrock ceo larry fink that is tonight on m"mad mon" :00 p.m. eastern time. don't miss that. "squawk box" will be right back. to build the electric vehicle of the

couple of different things we can track crypto prices in particular does that is take a look at 12 -- adammann has reportedly offered to buy the company for more than $500 million, according to the wall street journal who sources also say it is unclear how newman would finance a deal five years after he was ousted by the board. wework is undergoing restructuring in the second quarter. apple, google, and meta risk heavy fines as the e.u. marches against strict new laws. the digital markets act as well as new gravity. we will have more to come on we will have more to come on "daybreati. constant contact delivers all the tools you need to help your business grow. get started today at constantcontact.com constant contact. helping the small stand tall. haidi: raking data crossing the bloomberg when it comes to consumer confidence, confidence falling by 1.8%, falling to the gauge of 84. if you break that down, consumer sentiment at 84.4 is a contraction of 1.8% month on month. a decline of almost 1.5% versus a year ahead. also a decline of 1.5%, expectations on the economy seeing a fall for the