effort to consult with our allies, our partners, including israel and the gulf states, and we have rigorously reaffirmed our enduring commitment to their security. no one should mistake that. and we will continue to stand by that commitment in the years and days ahead. in the years and days ahead. obviously we remain deeply concerned about iran's destabilizing actions in the region and we remain committed to addressing the full late of issues we currently have with iran. -- the full slate of issues we currently have with the run. but it is because we are concerned about those issues and the region's security that we believe this deal is critical. the status quo with respect to iran's nuclear program is on acceptable, and certainly we will continue to consult closely in the days ahead with the

united states congress. they and we understand that if iran had a nuclear weapon in context of today's troubles it would be even more problematic. i have spent almost 30 years in the united states senate and i have had the privilege and responsibility of chairing the foreign relations committee when we put those sanctions in place, when this regime was put in place, and that is the regime that indeed has brought this negotiation about. we are deeply grateful for congress's supports of the diplomatic path to date. we appreciate their patients. there were those agitating to take action earlier. responsible voices held off and they helped us get to this moment and we appreciate that. we sincerely hope the members will continue to give us the time and the space that we need to fully explain the political agreement we have reached and to work out the remaining details

of a final deal. before i take a few questions, i just want to take a moment to thank some very important people. the team that has been assembled throughout this process was really made up of an extraordinary group of public servants, and believe me, they have served their country and the world well these days. i want to thank my cabinet colleague, the secretary of energy ernie moneys who was indispensable in his knowledge of technical expertise to sit down and work through some very complex issues. his background as a nuclear scientist and his expertise was it in helping us arrive at this moment. also particularly i want to thank my colleague in the state department, the other secretary of state, windy sherman. she has been absolutely suburban -- -- superb, indefatigable

strong, visionary, great. i also want to thank the remarkable team of experts who have kept working, who have chased down numbers instantaneously at any hour, and that goes for the team back home in the united states. in the laboratories. in the white house. in the state department. all of whom have contributed to our ability to be able to know what we are doing and to be able to put this initial agreement together. now, i want to thank the delegations also from bd five plus one countries. -- countries. each of them were essential to help us check our own figures

and thoughts and i particularly think the foreign minister of france, foreign secretary hammond from the united kingdom, prime minister lavrov from russia, foreign minister steinmeyer from germany -- every one of them showed an extraordinary commitment to this effort and they have all contributed to this outcome. and it has been every partnership with every country weighing in, every country making suggestions that i believe that their presence here tonight there affirmation -- their affirmation to finalize a deal is a critical component of the credibility that should begin to this effort. i also want to thank the eu for its facilitation of these talks. that begins with dame cathy

ashton, who spent many, many hours over several years helping guide these talks. she worked all the way through last december, and her efforts were essential at getting the formal negotiations structured. her successor has ceased to the baton -- see used the baton and done an excellent job and we thank both of them. federico's deputy has just been superb. helga schmidt who has been a critical link between the eu and the entire p5 plus one. we are incredibly thankful for her creativity and commitment. finally i want to acknowledge the hard work of the irani and delegation. they approached this -- these talks with great purpose. they have been difficult. at times extremely intense. at times emotional.

always challenging. not all of our meetings were easy. in fact, many were quite difficult, because the passions are there for everybody. but we have shown, i think diligence and respect on all sides and always kept the objective, which is a peaceful resolution of this issue, in mind. i emphasize, we still have a lot of work to do. we have agreed on the most challenging and overarching issues, but now there are a number of technical decisions that need to be made and there are still other decisions that need to be made, but we have the outline. we have the basic framing, if you will, the construction, and as we continue on our partners will demonstrate the same vigilance, same unity of purpose, same comprehensive approach and the same good faith among us that have brought us this far.

thank you and i will be happy to answer any questions. moderator: the first question is from indira lakshmanan from bloomberg news. indira: secretary kerry, can you tell us which gaps you were unable to reach understanding on and are any elements not be made public? how long will it take for iran to comply and for sanctions to be eased? could be deal fall through in the next three months? and will americans being held in iran be released as a measure of goodwill if the deal is completed? thank you. secretary kerry: well, yes, of course we have acknowledged there are some gaps. i just listed them a moment ago for you. there are issues we have to resolve.

i'm not going to going to all of them right now, but i think i listed several of them in my comments. we have to finish dealing with some respects to transition -- that is one thing we will talk about. we have other considerations with respect to the sanctions and berate timing, and so forth. but i do not think it serves any great purpose to go through all of that now. in the days ahead, there will be plenty of time to focus on that with congress and others and we look forward to those consultations. it is really a matter of anywhere from probably six months to a year or so it will take to begin to comply with all of the nuclear steps that need to be taken in order to them again facing -- those steps have

to happen first. in the meantime, the interim agreement, the joint plan of action will continue to be implemented in full. we believe there is a real continuity in the oversight and accountability that is necessary moving forward. finally with respect to our citizens we of course have had a number of conversations and no meeting, no date when we come together has been without conversation about our american citizens. i am not going to go into any details, except to say to you that that conversation is continuing. we have a very specific process in place to try to deal with it and we call on iran again today, now, in light of this to release these americans and let them get home with their families. we are working on that and will

continue to be very focused on its. -- on it. alix: you have been listening to secretary of state john kerry, selling the nuclear outline to the world, to the u.s. congress saying there is a lot of work left to do. there are gaps that remain. but on the whole, the u.s. is concerned with iran destabilization in the reason -- in the region. that is what makes this important. he says it is not realistic to expect iran to capitulate and there is a lot of work to be done. let's bring in chief washington correspondent peter cook joining at the website. here, what has been the most controversial part of the deal so far? peter: i think a couple things stand out. these will be some of the questions you will hear almost

immediately on capitol hill. the fact that iran will still be able to enrich uranium if it wants to. that is going to be controversial, even though the level of uranium enrichment will not behind enough, occurring -- according to what we have heard so far, to build a nuclear weapon. the fact that they can build any nuclear program, that will be controversial to israelis, to critics on capitol hill as well. and the other thing that will stand out, how quickly will be sanctions be eased? that will be a question for members of congress who do not want to see them eased anytime soon. the irani and's of course will be insistent it as quickly as possible. those are some of the big questions. and i am seeing those on e-mails from capitol hill. alix: fair enough. let's bring in mark halperin. let's talk about congressional reaction. have we seen any and what are we expecting? mark: bob corker put out a

statement that i think is right where the white house would like the republicans to be, which is wait and see. right now we are working off the white house fact sheets. we have to see if the irani is agree with the plan laid out by the administration. but the president a while ago very specific language, saying to congress, read this agreement and if you disrupted by passing additional sanctions, the united states will be blamed, really throwing down the gauntlet to congress. so far we have not heard from john boehner. we have not heard from the israel he government. the deal, as the united states outlines it, the tentative deal, waiting for the details of these negotiations, in many areas goes much further than the conventional wisdom was about what the night is taken the allies would be able to get from -- the united states and its

allies would be able to get from iran. some people who were reflexively poised to oppose the deal matter what was in it are looking at the u.s. and its allies and i think it is giving them some pause, because again it goes further in terms of what iran can do and how quickly the sanctions come off, how quickly they will go back on if iran is in violation. much more than the conventional wisdom of the reporting the last few weeks. alix: peter, who is the number one person present obama needs to call right now? peter: he told us that he made some calls already. but the first person benjamin and yahoo!, prime minister of israel. he says he will talk to him later today, do his utmost to two convince benjamin and yahoo! -- netanyahu. that will be a tough conversation. if he does not convince him, you can be sure the prime minister is going to be convincing

members of congress to stand in the way of this deal and that is probably the biggest challenge for this president going forward. interesting in his comments, alix, that he said congress would be fully briefed but he never said congress would have a sign off ability on this at the end of the day. that will be a problem as well. alix: a lot of rhetoric. we will continue to monitor that as well. thank you, peter cook, and mark halperin. we want to go to the breaking news desk where julie hyman is looking at some of the action on the street. julie, what have you been looking at? julie: really you have to look at oil prices in the wake of this outlined agreement. that is where the market has seen the most reaction, as you may imagine with the sanctions not being lifted immediately there is an effect on the oil market in the irani and prime minister has said that they could boost the shipments by a

billion -- a million barrels per day if the sanctions were lifted. definitely some headlines about an agreement. we have seen a decline steadily throughout the day. as for the broader equity markets, they are holding steady for much of the session with a gain of around 3/10 of 1%. we added economic data jobless claims, factory orders. but equity investors are really focusing on the jobs report tomorrow, even though these two. -- the stock market is closed. alix: thank you so much, julie hyman at our breaking news desk. i am joined i in adviser on middle eastern and south asia and affairs from toronto. and the foreign affairs analyst

who was also one of the original whistleblowers on iran's nuclear bioterror weapons capability back in 2002. can iran be trusted in this agreement? guest: i think there is a fair possibility iran can be trusted. i do not think the united states government, let alone its partners would have gone this far if they did not think iran could be trusted. i think the behavior of washington and its allies speaks volumes. alix: it appears on the surface -- what is your take -- is this better for iran or the west? kamran: we do not have a lot to go on. most of the details we got quite a bit of detail, but there is operable as age and, there is discussion on those details that needs to calm. i think we have to be careful. and most importantly, how each

side he is going to sell it to its public. we have already seen the president and secretary kerry do that pretty united date -- do that for the united states domestic audience. the problem here is each side has its own perspective on this. that perspective resonates in a very complicated way in each other's capitals. what the president said today and was secretary kerry was saying i sure while ago, that has the potential to create problems for the rouhani government in tehran. their opponents could jump on it and say, we conceded too much and we did not get a lot. there is a converse potential, although we have not seen much come out of congress just yet. alix: you make a good point.

what do you think, that iran could be trusted question mark -- trusted? guest: i disagree with that. i certainly think the irani and government cannot be trusted. simply because the way the world knew about the irani and -- iranian nuclear program. there are still outstanding questions out there. but in terms of the announcement made by the president today, there are too many ifs about an agreement that has not even been signed. i do not know how you can be optimistic about things because, you know, it is not clear how it

will be converted into something else question mark when will that take place. the cases for the centrifuges. what is going to happen to the centrifuges? the president said they are not going to enrich. what happens to the centrifuges. in the case of the intrusive inspections, that was announced by the president -- what does that entail exactly? does that improve the military sites? that includes the military headquarters of the weaponization part. what about what was nationally -- recently uncovered by the national council of resistance? it was ambiguous because the president was not specific. and also there is a main issue

that the ie -- iaea is having a fight, saying that those questions will be answered. when is likely to happen? that has been the case for the past two or three years. if you drag out an issue, it is tantamount to not answering it. there are so many ambiguities. congress has a lot of work to do in terms of turning out -- determining what the agreement means. alix: you have definitely outlined a lot of what we don't know. kamran, it looks to be a 15-year agreement. people calling in a longer-term deal. do you believe that, that iran can wait this out at the end of the day? kamran: it depends on what iran

is getting and if it is satisfied. obviously what came out from secretary carry -- secretary kerry and president obama was not something that was not already known. therefore, i think they know what is ahead of them. everybody has a different perspective, as i said earlier. the imperative is to make sure that iran does not have the capability to an rich to the point where it can weaponize nuclear technology. it wants to have a nuclear program, but more importantly get rid of the sanctions, and have the regime be normalized in the international community -- and recognize iran in the region. i think that there is a good chance that everyone can walk away with something they can be

happy about, but it is too early to say whether that will happen or not. alix: you make a good point about walking away and being happy. what is the potential to affect u.s. and iranian relations within the region? alireza there was ace --alireza: there was a serious issue at the table. iran wants to maintain its nuclear weapons program. that is the real purpose. there is no other purpose behind it. and at the same time, lose the sanctions. those do not go together. at the end of the day iran continues to have its terrorist operations in the region with its proxies and iraq yemen elsewhere. it's violating the rights of its own citizens.

i think at the end of the day the people of iraq are not happy. their main concern is not the nuclear issue. the cares of the electricity in your house is coming from nuclear energy or oil, which is highly underdeveloped at the moment. there is not been a single new refinery in iran and 36 years. so, the question for the irani and, what happens for the everyday life of their citizens? alix: a lot more questions we have to ask. thank you so much, gentlemen. alireza and kamran from strafford. we do have breaking news. julie? julie: this has to do with probes of various banks from the department of justice. according to people familiar with the matter, justices are

pushing citigroup subsidiary to plead guilty. citibank is countering with an offer that it plead guilty from a smaller unit in the bank. citibank cna -- excuse me, citibank na citibank north america. that is what is behind the back-and-forth. an agreement could come as soon as may. the fine will probably not exceed $1 billion. this is according to a source priest -- briefed on the matter. but they have not decided on a particular entity to plead guilty and this case. as i mentioned, if there was a guilty plea, it could affect citigroup's ability to operate

certain kinds of revenue. this is an ongoing situation. the justice department has been conducting this lengthy probe of alleged currency market rigging. alix: it was not just citigroup. multiple banks have been pressured in the foreign exchange market. do we know anything else about the other banks at this point? julie: there seems to be a trend where the authorities want these pleas to come from larger subsidiaries and push back. jp morgan chase were reporting they would rather have the u.k.-based subsidiary plead guilty. this is according to people familiar with the situation. it looks like maybe there are

similar things going on at various banks here. alix: that accounted for 70% of the revenue last year. but digging through the story, if there is a guilty plea, they will want a waiver in exchange for that. julie: it looks like that is the situation here. this is something that a lot of folks on the street have been focused on, the alleged rigging of the currency markets. it is such a huge market. this growth has an snare a lot of different banks. alix: in general we have seen prosecutors shy away from convictions because they do not want to distribute bank business. in particular credits wiese -- credits wiese -- credit suisse earlier. julie: and i should mention the stock, not much of a reaction. alix: still taking it as it

comes. julie hyman monitoring these headlines. all right, we will be right back in a few minutes. ♪

alix: less than 30 minutes until the close of trading. let's go to the breaking news desk. julie hyman has been looking at the big movers. i have been looking at oil. julie, what is on your radar? julie: a couple owls ergo -- hours ago, mattel named its ceo. the interim ceo has been a board members since 1996 and he has been the interim ceo since the company ousted their ceo in january. mattel has been struggling with sluggish sales with barbie fisher-price. richard dixon has also been

named the president and ceo. he was previously with the company and shepherded barbie through a previous reinvention. now his role is being expanded at mattel. we are watching that company. another latebreaking story -- according to people familiar with this information, the company failed to find a buyer after it tried to drum up growth for strategic buyers as well as avid equity firms. had apparently approached firms like tyco international and honeywell and was not flying interest there. and -- not finding interest there. and they found it difficult to get financing. we have seen a trend with that in recent months. finally you are watching oil. i am looking at the refiners. we see those oil prices fall in the wake of this outline agreement between west powers and be wrong. overall the energy sector does

not appear to be feeling a big pinch, but refiners are down more dramatically. as i mentioned, energy stocks as a group, little changed, but they are down by about 5% alix. alix: all right, thank you so much. energy companies are getting hacked. symantec has found a bug that will give access to computer systems. for more on the impact of this threat let's talk to our guest from d.c. isn't this unusual. we see companies like sony target getting hacked. oil companies? guest: energy companies are one of the most frequently targeted industry verticals we see. there is a plethora of information. cyber criminals looking for information to monetize

activists who may take exception to them. we see this constantly. alix: with this particular file it comes in excel file. 10% from the united arab emirates, 10% saudi arabia, 5% from the u.s. what does that tell you who might have been behind an attack like this question mark you are looking at a couple get a graphic of how malware works. jen: it is important to note that the tamale g is not necessarily point at new might be behind the attack. our visibility showed that the campaign was a little broader. you could see intrusions, the types of intrusions in companies in the middle east, particularly

energy, but we saw more activity targeted toward services. so this gives home the importance of gathering intelligence and looking at campaigns over time to really suss out who may be behind it. you do not want to point fingers before we have collected all of the information we need. alix: obviously i do not want to put you in a tough spot. when we hear a hack at home, usually the first question is, is china behind this question mark is this more of a country or a competitor? what would you say? julie: --jen: it could be either. the malware is not bad -- not that unavailable. anyone can buy it for $300. that type of accessibility means a lot of people could have access to it. again it looks like it could be associated with someone who has interest in a specific and --

industry, that a lot of different states have interest in the energy industry and there's industrial as bernanke as well. alix: absolutely. jen: and given the volatility in the market right now, i think a lot of energy companies are trying to ensure those strategies and get the right data set. it's all going on. alix: things very much. really appreciate it. generally, analyst at fire right. next, we will talk to dr. deepak chopra. we will be right back. ♪

alix: this is "street smart." i am alix steel.

there is a history making iran deal. i want to bring in chief washington correspondent peter cook who joins us from the white house. what has been the reaction so far? peter: in the u words of president obama this is an historic understanding. he was in the second term of his presidency, arguably his signature foreign-policy achievement. there are still gaps. differences that need to be worked out. the sales job is already clearly begun at the white house. the president and john kerry talking to members of congress. they will also be trying to sell this agreement to israel and other foreign powers that may be critical of this deal, question whether it puts their national security at risk but also the

world's as well. the president's sales job has begun. alix: thank you so much, chief washington correspondent peter cook. my next guest needs no introduction. dr. deepak chopra. he has a new book called "the 13th disciple." congratulations. i want to get your opinion. we are talking about the middle east. we heard about shootings at the kenyan university. what kind of a voice -- advice would you give to world leaders looking at this predicament and saying what do we do? dr. chopra: every way we have tried to solve these problems has not worked. the definition of lunacy is to

keep doing the same things over and over again even though and it passed it has not worked. there is a lot of data that shows if you give people economic incentive, that works. so if you have a deal where is really's -- israelis have a common incentive -- education and economic incentives are the only way long-term to improve relationships. i work at gallup, and we also see that well-being jobs community well-being, social well-being, physical well-being, career well-being -- if you can't enhance that even with your enemies, you will make friends with them. alix: it just seems to be difficult. you speak about religion. that is what your new book is

about. dr. chopra: it is about spirituality. alix: how do you start that conversation when religion is such a hated topic? dr. chopra: these religions are based on bronze age ideas. we are 40 billion years after the big thing. those ideas do not work anymore. yet people have a yearning to know who am i? is there a connection to a higher power? what is the connection to inspiration, creativity, free will, joy, love, compassion? these are experiences that created religions. religious experiences. buying into someone else's experiences may be a religion, but spirituality is having your own experience. i think the time has come where people are doing this anyway through social networks in the future will be a kind of netocracy instead of a

democracy. a global netocracy where people will decide on these issues globally. that is a futuristic vision. alix: how long will that take? dr. chopra: it will take about 20 years. i do not think that these kinds of negotiations will be necessary. alix: when i look at the religious, even spiritual landscape, i have to look at the religious freedom law signed in indiana being talked about in arkansas all right now. what you think about how this policy is being interpreted? dr. chopra: it is shameful. it is totally shameful. it represents a very primitive attitude. it is using religious freedom to embrace your biases and the fact that this can happen in the united states of america in the 21st century is a reflection in the way of our collective

consciousness. alix: in theory wouldn't this be good if you were a muslim in jail, you do not have to shave your beard. in theory that would be a good thing. dr. chopra: but it will give people the freedom to discriminate against gays for example, or gasquet can be used for anything. you have to be very careful how you interpret these kinds of laws. alix: that brings up the question of minorities in general and how to diverse of five the workforce status. in particular tech leaders have rallied over the religious freedom law and silicon valley is starting its first-ever diversity run. pretty powerful. leaders from apple facebook, google, intel. they all showed up. you advise corporations, talk to leaders. is a unity like this something that will make a difference? dr. chopra: absolutely.

you bring people together, you use technology you and hence the conversation, you hope to reach a critical mass. with that conversation, you ask people for their opinions. all of that is possible because of technology. in a way the internet is becoming our global brain right now and it means rewiring not only the brains of people in different countries, but also two social networks. that's very good, i think on the part of technology. alix: thank you so much. congratulations on your new book , "the 13th disciple." as always the wonderful deal -- dr. deepak chopra. dr. chopra: thank you for having me. alix: google and apple having a lot of heat in europe. coming up, why these giants have more trouble abroad. ♪

alix: here are the top stories

we are watching ahead of the closing bell. tenure's interior ministry saying at least 147 students were killed in attack -- can you's interior ministry saying at least 147 students were killed in an attack. they are rescuing remaining hostages. we have breaking news for you. fed governor and fomc voter brainard speaking in washington, saying that youth job prospects of started to improve. she says the fed needs to understand headwinds for recession generation. and after drumming up interest from private equity firms -- motorola solutions unable to find a buyer. it was too large for any single buyout fund.

europe's five-year antitrust investigation against google could be reaching a tipping point. they have been encouraged to go public with these problems. joining me now from the west coast is bloomberg west editor at large cory johnson. first off, what do these charges look like and what could the financial penalty be? cory: we do not know what the charges are going to be. we might want to compare that to a microsoft case that was a very similar way, to control and operate a search, not just to have that monopoly, but use that monopoly to force it users to not use other services, but push them in that direction without giving them a fair choice. we are looking at things that tons of things the eu is looking at when we had the leak of the investigation that did not

result in charges. we found that google was putting its own company's search results ahead of others. for example, people searching for travel. even with travel, they found that google was not putting all of the search results out there just the ones they could resell from their service. very interesting, restricting customers' ability to see what was out there, enabling them only to see the services from which google could profit. alix: in europe, we might see files, but europe also could break up google -- the european parliament did that. also apple getting some heat for it streaming service. what is the disconnection between u.s. and eu regulators here? cory: the laws are very similar and it's one thing to bring charges. it may rise to that level in the

eu. it's another thing to windows charges and see sanctions. fundamentally the eu cannot force google to break up. the u.s. could have done that if they were found abusing their monopoly in search. but there's no denying that google does have a monopoly in search and they are in great control of what happens. it is one of the things that people whisper in silicon valley. a google search result can make or break any company and when they go for services such as travel, maps, so one, they control what services people will use and they are the king maker here especially when they are crowning google itself. alix: nice. very much appreciate you joining us there. the closes just a few minutes away. ♪

alix: welcome to our viewers around the globe. you're watching bloomberg television. i am alix steel and this is "street smart." we are four minutes from the closing bell. we want to go right to julie hyman at the breaking news desk looking at all the action today. hey, jules. julie: yes indeed, much of the action focusing on the talk between global powers and iran. we have oil trending lower on

the outlook potentially for more supply coming from iran with the lifting of sanctions, even if that does not happen right away. this was mostly based on the economic outlook. we had a couple reports in the united states that were better than expected. and the factory numbers, at this point, it gave investors a little bit of optimism going into the jobs report. tomorrow being friday, the stock market will be closed in the night. we will see a little bit of futures trading, but the main session will be closed. and nonetheless, it looks like investors are holding off until we get that number tomorrow and then we will perhaps see the surgeon's inactivity next week once we do have that number which tends to be, usually, of course, the most important one

in a given month. alix: thank you, julie. i am joined by carl riccadonna and two guests. gentlemen, thanks for being near. carl is excited for tomorrow. carl: close. alix: ok, let's look at some of the data. we do like to hark on the stronger dollar. yet factory orders in february stronger than expected. jobless claims -- we continue to see momentum. what is your take on the economy? guest: we think we will see an acceleration in q2. consumer spending is the paradoxical issue in q1. all of the ingredients are there for it to pick up in the second half. stronger labor market, reduced borrowing cost, banks lending

again. better equity prices, better home prices. all of this amounts to better consumer spending in q2. alix: what do you think? guest: i agree. i think that from the market perspective, january was down, february was up. we were barely above zero. we got a bad number tomorrow -- we think it could be below consensus, around 195 or so. that steadily pushing down that fed fund rate even further. right now i think futures are pricing around december. plus earnings expectations have just gotten crushed. if you have gotten a surprise to the upside, you might have some good numbers coming in. alix: carl, how do you look at the data? do you write it off as a one-off positive? carl: we got some flukes in the data. that was obviously distorted,

and the china new year. it shuts down for a week. it shows up in the data. plans may be distorted by easter this time of year as well. alix: let's take a look at the markets, nasdaq is up by six, and one of the things that we are looking at is oil, crude oil is down by almost two dollars and that is based on the iran nuclear deal that we saw earlier today. we have our correspondent julie hyman at the breaking news desk. julie, give us some highlights from today. julie: one thing we were looking at was carmax, it had its best day in four and a half months and it's used unit sales were up

7% for the company, and in fast or's were rewarding it today. another company that did well was jen worth -- genworth after they had an increase so this would be sort of a step to at least try to sell one of its assets, maybe even looking into breaking up the company entirely. and looking at tobacco companies today, it looks like the federal trade commission may be close to see about a deal and wells fargo is convinced that there is a 90% chance of a deal, and this is what they are looking into. alix: thank you so much, julie.

i'm joined by wells fargo chief investor strategist darrell cronk, and others, so let's lay it all out. economists predict that payroll will rise by about 20,000 in march, and the unemployment rate is expected to remain at 5.5%. stock markets will be closed, but traders have 45 minutes to react. the next futures trade won't be until 9:1 5:00 a.m., and with all of this positive momentum we have seen in this market we are seeing this white line decline a rapidly.

this is courtesy of karl and you so why is this so significant for tomorrow's numbers? carl: this is what we have to watch for, rust in the rust belt. i believe, the dollar story is that we are seeing in the deceleration of the isam, and this might be even worse in a smug, so we want to make sure the entire economy is not getting the right down. the consumer sector is doing better, but we are setting the bar pretty low, so this is a theme we have talked about going back several months that handoff this year from the export sector, to consumers, and it should happen if payrolls hold up. if payrolls are stumbling, then there is a big question mark. alix: this has gone from .6% to

one and a half percent -- .6% to 1.5% so what you think darrell? darrell: this trend is going to continue into 2015, the issue, though, alix is that i would trust the jobs data and the other data that we are seeing. the gdp report is all over the place, so the jobs reports numbers are much more persistent -- consistent. alix: how come we keep seeing that divergence, mike, what do you think? jonathan, i mean, jonathan i am so sorry!

jonathan: our firm downgraded the number two around 3%, right at the beginning of the year we were around 1%, right to around where wells fargo was, so i think what we are going to see at the moment is a bit of a stumble and we did have a pretty cold winter, there was a polar vortex again but in the northeastern, it was pretty bad there again, and those weeks were during the april survey. period. but you missed the worst of the cold weather, so i think some of it is going to be cold weather-induced, but again, going back to this view, the market should react positively to that. this fed kicks the ball, kicks the can down the road, and we love kicking the can down the road, that is good for the markets.

alix: it seems like the next can will be the markets as of next week? right now we are seeing a stall, so when we typically see profits roll out quarter after quarter that is negative for the stock market, we tend to see a big selloff. darrell: when these markets fall there is a real risk for the downshift, it is not just gdp, it is consumer spending, and a lot of industrial activity and business activity in the economy, so the payroll numbers issues start looking at more like the economy growing at 1% or 2%. darrell: i think the interesting thing that we see, carl, is that if you pull out energy you are

still getting 4% earnings growth, and that is down 8% or 9% in q4, so financials are projected to be up in the quarter, health care is expected to be up, and the cyclical side of the economy is taking hold so cyclical is outperforming defensive, so that is a good sign and bulls don't typically die win cyclicals take the lead like that. alix: there was an interesting call today from goldman sachs basically saying that the growth stopped the biggest victory overvalued shares in the current all run a market -- current bull run market and he projected they will climb about 3% this year, so calling for a shift in the market, jonathan, what do you think jonathan -- think?

jonathan: this year we have seen small caps and mid-caps beating a large caps, so they are coming out of those on-like proxies so that value oriented sector of the market is doing well, europe is beating the u.s., japan is beating the u.s., and because of the market's liquidity, i think i would agree with that in view may be about 3%, that is our of official view. darrell: one thing that i would agree with is that people go to growth stocks because they want the growth, in times where the economy is fading, growth stocks will do better because people

are reaching out to those companies who can really grow their top line and awesome line, so to david's point, it would can see that increase -- if we can see that increase at the bottom of the year, we can at least normalize that difference in q1. it seems like a tall order for me. depending on the depreciation of the dollar that we have seen in the past few months, gdp typically accelerates. and we have to go faster down the year --and we have to go faster down the year. the first federal official will speak after the first report, so call, what do investors want to hear? carl: he is very much in the janet yellen inter-circle, so as we heard just moments ago, it is a dramatic of what the feds are

looking for here. they are still believe in the if they just hold the full throttle or hold the pedal to the metal they can maybe fix some of these scars permit that was about her speech with student debt and people are afraid to buy homes, so it is still lingering on the sidelines, so if they can just redline the economy just a little bit longer, they may heal some of those wounds. people may be able to spend money on those big ticket like houses and cars and get back into the labor force. alix: i love it when we talk nerd, it is so great. [laughter] karl, thank you so much darrell, we appreciate, and jonathan, always a pleasure. details on reducing the unemployment rate, coming up next, on "street smart." ♪

alix: welcome back to "street smart," i am alix steel, and

joining me at the breaking news desk is julie hyman. julie? julie: it looks like pimco is slowing down, they slow down last month, investors hold $33 billion -- $7.3 billion. that is down from 11.6 billion dollars in january, so we are incrementally improving here. the bond king at pimco, since he left, it has climbed about $107 billion to the fund, it is still gigantic with about 117 ilion dollars by the end of the first quarter. one of the things that is helping -- 117 billion dollars by the end of the year of the first quarter. one of the things that is

helping is that it is under the supervision, if you will, the management of the folks that left pimco so their performance this year has been good and not as many people are taking their money out, alix. alix: all right, julie, thank you so much. motorola solutions has failed to find a buyer. according to people with knowledge of the matter, the company proved too large a target for any buyout. germany is trying to end its bid with the european bank. at the same time greek opposition leader is signaling he is willing to join a unity government in order to keep greece in the eurozone. and kenya says 147 people were killed in attack by gunmen today at a university. al-shabaab claimed

responsibility, the group is linked to al qaeda, for members of the militant group were killed and's skewed -- and hostages have been rescued. and now we move to the information on iran nuclear program talks. we are now speaking to a senior fellow of the brooking institute, robber i know -- robert einhorn. robert, is this a good deal? robert: yes, this is a very good deal, and the arrangements that were announced today are very far-reaching, they involve iran

excepting very obtrusive monitoring of all aspects of their fuel cycle and some of the monitoring arrangements will last a long time, longer than the 15 year duration to 20 years and for some measures and permanent for others, so very intensive verification has been agreed to. alix: it seems that according to the headlines of that iran can still enrich uranium and continue parts of its nuclear program. does this plan go far enough if you are trying to deal with nuclear proliferation? robert: the reductions and the number of centrifuges and the reduction in the amount of you nor -- in the amount of enriched uranium would mean that the u.s. and the p5 plus one partners would be able to achieve their goal of lengthening a ron's breakout time to at least one

year, that is the amount of time it would take iran to produce enough nuclear material for a single bomb. alix: can iran make this deal sold at home? robert: i think so the supreme leader seems to support his negotiating team, and while there are many hard-liners in iran that will be skeptical of this in -- agreement, i don't think they would have agreed to all of these agreements if they could not have sold it at home. alix: this goes to iran's point of how quickly they can put them back on if need be? robert: there the arrangements made clear that both the united states and the european union nuclear-related sanctions will only be suspended after the international atomic energy

agency has verified that iran has taken all of its key nuclear-related steps, so the sanctions e-zine will be phased. iran had wanted more sanctions to be removed up front, but it seems like the sanctions will be phased and if it will be phased out, this will be is iran complies with its obligations, so there are no immediate ending of sanctions, but they will be eased as iran takes key nuclear steps, and as the i-8 ea verifies -- as the aiea -- iaea assures compliance is. alix: thank you so much, that was robert einhorn. we have more coming up on "street smart." ♪

alix: the unemployment rate for american veterans is on the decline. out of work at american vets who have served in the last 14 years has decreased, but there is still so much work to be gunned -- to be done. we have a veteran of the war in iraq and the cofounder and president of honor that services, jesse, welcome, it is great to have you here. what is honor that -- honor vet? jesse: there are so many wonderful skill sets that veterans have, yet there are tremendous unemployment rates, so we are looking to close that gap. alix: you served in the marine

s for four years, so what is like -- what is it like to serve for that many years and come home? jesse: it is a total shock and you know what is expected of you and you get out, and you have to figure out what you are going to do for a living and hate your bills and figure out what you are going to do, and i think in that major focus for veterans, there is a lot of challenges that many women have in finding good work and finding purpose again. alix: how do you find out at what they are good at? jesse: i think what makes a lot of out a program's's success is mentorship, and for me in particular, understanding what service members go through and figuring out what they are good at what do they like to do, what will they find purpose within again? how can we put them in a place that will benefit themselves? alix: is there one kind of place

or industry or skill set that people tend to go or is it pretty diversified? jesse: it is pretty diversified you have folks that come out of the service with a degree, some folks don't have a degree, you have folks going into operation management, but we are working from everything from entry level roles all the way up to high level four year, six-year roles to find meaningful employment. alix: what kind of any ptsd do you deal with when people come back? jesse: i think posttraumatic stress is an issue in and of itself, so that is just one side of the coin, it is an issue that veterans are going through and a way for them to get over those obstacles, and this is not different than anybody else this is emotional trauma but they just happened to be an a war and also, we should not be cigna pipe -- not be

stigmatizing veterans, and we should just see them as people who are skilled, and that may have its own set of issues is like everything else. i think really the issue is there is a lack of education, that when companies here combat or the here war or the here ptsd people just assume that there is an issue there, and the fact is these men and women do heroic and tremendous things and they come out of the service and they are such attributes to services, and we have to look beyond words like posttraumatic stress. as we are scaling out we are focused on not just placing veterans but putting the focus on military spouses, because i think of what a lot that we forget at home is that while service members or overseas

doing what they do there is a tremendous amount of sacrifice that their spouses make, and so that should be an opportunity to make for a good career. alix: jesse thank you so much we will be back on "street smart" don't go away! ♪

alix: welcome back to "street smart," i'm alix steel. world powers are announcing a framework to limit a ron's nuclear program. this was done with a historic understanding that will prevent iran from getting nuclear weapons. it will also give iran broad relief from international sanctions at that have crippled the country. and two women who have planted -- planned to plant alms in the u.s. were arrested earlier today. the suspects allegedly discussed possible targets online, but there were no active explosive devices found, according to one official.

there was a performance rebound for pimco this year. investors have pulled $7.3 billion in march from the pimco return bond. this means that there has been $700 billion taken from the fund increasing their stock. stocks close out in the green and let's get back to the breaking news desk where our chief correspondent julie hyman is taking a look at the take movers of the day, all in anticipation of jobs. julie: yes indeed, i talked earlier about some of the biggest gains we saw earlier and the s&p 500 had the biggest mover, and that was motorola solutions. the company was unable to find buyers after searching for months or either a private equity buyer or a strategic one, and it looks like there was trouble on any part of the potential buyers to find financing and buyers were not

biting because motorola solutions is about a 14 billion dollar company -- $14 billion company. we talked about valero and what went on with oil prices today given what had gone on with the iran agreement, so those of stocks went down sharply, and we did not talk about the index, -- we did not talk about the russian google and yandex has been hiring more employees but it is seeing a difficult time with russia's economy. alix: airbnb is trying to establish relations in cuba. the big challenge for the internet-based company is that just 4% of cuban homes are

online. some of the listings do not even have hot water. cory johnson joins us from san francisco, and corey, how do you get around it when you don't have internet? corey:y: cold showers are amazing, and i love this story, because it really tells us what airbnb is, and how disruptive it is for the hotel business. there was a great moment last year when the cofounder tweeted that marriott said they were going to add 30,000 rooms over the course of the year, and he said i am going to add them in two weeks, so that is the kind of on capital constrained growth that airbnb can offer. the fact that it took myra lansky to build a hotel in the riviera that had 352 rooms and

he doesn't and a couple of days, that is what we are looking at with this business, and that is how disruptive it is to the entire hotel industry, not just in havana. alix: just because they added those listings, it does not mean those listings are going to be rented, so because -- just because there are accommodation issues? cory: that's right, just because you can build it does not mean they will come. airbnb made more revenue than marriott, so this is a global brand already and it is growing at a global pace and i think cuba is just a small part of it, and it is an example of what they can do when they put their mind to it. alix: all these companies from airbnb to uber, my question is what is the government going to think about these companies?

cory: we know for everyone percent of growth, airbnb has a corollary five base points of shrinkage to the hotel industry so clearly they are a threat to that industry, and i think cuba once these people to come from the u.s., so this means they can get up to speed a lot faster instead of building hotel rooms, this would be a really great vacation, don't you think? alix: i wanted to go a couple of years ago, but there were some laws, but anyway, road trip! coming up next, from indiana to arkansas, i will tell you how connecticut is in the final four to make a statement. ♪

alix: connecticut has a clear message for its state employees:

stay out of indiana. we have one of the major voices speaking out against the indiana law. that means that one of connecticut's players will not be joining to play in the final four. we have ashley johnson, head of athlete ally this is a group that focuses on ending athlete prejudice in sports. you say this takes months of planning and tons of issues nevertheless, should the ncaa change venues this weekend? ashley: therefore values are

fairness, respect, inclusion and we have asked them to not have any final four in any state that has these religious discrimination laws, and predatory -- and prioritize states that encourage diversification. alix: are they listening? ashland: they definitely are listening. alix: just the amount of power and rhetoric we have seen behind this movement, but from not just the ncaa, but from walmart and apple, we are -- : carl -- carl: we are seeing voices that are definitely being heard, and definitely in arkansas, clearly in arkansas and -- clearly in indiana, and

leisure, hospitality, and tourism are the and affected, so this will really put a strong finger on the sweet spot that is going to cause these politicians to react accordingly. alix: and you make a great point, and ashland, delta just announced an improved domestic partner benefits for those in same-sex relationships and for those employees as well, and for the nfl in employees, and what would you see more from pro sports teams? ashland: we would like to see them take a stand, and georgia is one of those states that is going to be in battled in this they have been trying to get this religious discrimination stopped in georgia, we are going to see it in arkansas as well and in addition to a more battles in indiana, so we would like to see the sports community take a clear stance that they will not take their players, their coaches, or their fans to

any state that participates in discriminatory actions. alix: we saw the governor of connecticut saying, you know what, you guys can't go, the head coach, you cannot go, would you take that as a step up in your rhetoric? ashland: yes, we understand that there are contractual agreements within the ncaa, and these players have been preparing for months, so it would be unfair to them to completely cancel the competition as such, but our rhetoric will step up absolutely, because they will have 20 of time to make sure that this does not happen again. alix: carl, what can companies be doing, what is the next step, we have been seeing pressure now what? carl: we have been seeing them take action, and it is in an increasing unified chorus, there is this mad men era law in a -- this "mad men" era law in a

"modern family" world. alix: we have to make the distinction between boycotting for something and pushing towards state protection for individuals, because in indiana, you were free to discriminate before this a lot you were free to do whatever you want, ashland, for you guys? ashland: athletes do not want to participate in places where they will be discriminated against with their identity, so we want to reflect the voices of the athletic community to actually change legislation in these states, so the next movement is to defend lgbt people in every state, and we do feel that this is a great launching point because even before this will past, lgbt people in most of indiana did not have protections. we want to make sure that we can harness this energy and make sure that other states are doing a more proactive things for the lgbt community.

alix: thank you, thank you so much for coming, ashland johnson, great to see you, and carl, always wonderful to hear your voice on this the tuition as well. and find out derek jeter's new gig, and buyer beware, you are going to pay more for spending two years at the university. ♪

alix: welcome back to "street smart," i am alix steel. derek jeter is joining a new team, but it does not mean that he is slowing down, and he spoke with betty liu. derek jeter: people just assume that when you retire you just jump into the business world, but there are things that you learn along the way, whether it is marketing deals, endorsement deals, in estimate things, inc. that you learn, so there are a

lot of things that i am learning, so i just don't want to jump into it, now i am just more involved. alix: and he is more involved, he started up a group called blue jeans network, and he joins -- and krishna joins us from san francisco. krishna, what is blue jeans? krishna: it is a way of watching these games with videogame like technology. it is launched on prime time and it is exactly that, it is about marrying the interactive miss with video conferencing with a mass scale of streaming the only company that has put those two things together, and that is prime time. they launched that service actually at sundance, and it was done with great success. alix: you competed to a get it

along with skype and other companies, but how did you get derek interested? krishna: he wanted something to launch where athletes could have their own voice and own persona, and what that are way to get that then using video? one of the items that we are talking with derek jeter on is how can derek or his fellow athletes directly communicate with the fan base and at the same time, if any one of those fans want to talk back the blue jeans network during prime time allows that to happen, and there is a lot of optimization about that, and so that is how we got derek interested. he is a great businessman and a

great viewer of these things to want to interact with your fans. alix: thank you so much krishna, part of the blue jeans network. and onto "late night with jimmy fallon," it's the lip sync battles, and here to discuss with me is undersecretary -- is anoosha so she will have more. anousha: lip-synching in itself is a huge thing online and we are experiencing hundreds of millions of views, and so when they pitched the idea to spike

which is owned by viacom, they jumped at the chance. alix: spike is not necessarily a channel that i watch when i go home, what is the meaning of putting on an younger network like that? anousha: spike was very male targeted, but this will help them broaden their audience with celebrities and something that has a wide audience already which is lip-synching. alix: i have to say, i am pretty interesting, i will have to watch it if i am awake. "fast and furious 7" is screening this weekend, and why is this so famous where it has had seven movies? anousha: the great thing is is that it does not have superheroes, and it will be the biggest film yet, it is forecast to earn $470 million just this

weekend, so for universal, this is a huge deal, and like i said, there will also be more of them. alix: any idea there will be an eighth ninth, tenth movie in this franchise? anousha: even though paul walker died during filming, they have found a way to say goodbye to him in this film, and the executive director indicates there could be as many as three more, and then diesel suggested that the next one could be set in new york. -- and vin diesel suggested that the next one could be set in new york. alix: thank you so much aniouy ousha. and next, we have a college to ur package deal. it is pretty sweet and crazy.

♪

alix: we do have some breaking news for you. arkansas's governor is signing a revised religious freedom bill. the governor rejected the previous bill on outcry and governor hutchinson had previously indicated that he would sign the religious freedom bill, but he took that back as there was a lot of pressure from walmart saying, please don't do that, and as you know, walmart is arkansas's largest private employer, so governor hutchinson is going back to sign the revised religious freedom law. and $40,000, that is roughly

thousand -- roughly two years at a regular university, one year at harvard and one flight in a private jet to view some university. what do i get for almost $44,000? guest: you get 10 hours on a particular plane, we get four different categories and college tours are very similar, and we are trying to make our customers' lives easier, and what we offer is a roadshow a roadshow for an idea, so our -- alix: what is interesting is that you are not only giving them access to private jets, but access to counselors, access to

campuses, it is not just transportation, right? joshua: absolutely, we had a family that left white plains new york yesterday, and they went to florida, and they went to california, and they did this in four days. alix: wow, this is impressive. are you looking for new ways to drum up clients at the end of the day? joshua: this is a service that they are using anyway, this is not necessarily for the kids, it is for the family, they need time to make this process happen, and it is a long and tedious process. alix: do you have a package involved with this? joshua: a lot of our customers are alumni of these schools, so they have given us access to these schools, so that has made this process easier for us as well. alix: how is this doing? joshua: really well, there is all about -- this is all about

suupl -- this is all about supply and demand it right now there is a lot of demand for this right now. alix: where do many of your clients go? joshua: they hit them all, there are many schools, they just don't go to the ivy league leagues, they go to all of them. alix: what kind of adoption do you see, what kind of growth rates do you see in this kind of service? joshua: last year we saw 20, and this year, we will in pace to do about 40 this year. alix: what other places are you looking to expand? are you going to try to fly people to the super bowl or tailgating? joshua: these roadshows and college tours are all in this same process. alix: josh, thank you so much

for being here, joshua hebert the ceo of magellan jets. have a wonderful evening. ♪

mark: i mark halperin. john glenn and i'm john heilemann -- john: and i'm john heilemann. we think this is a pretty good deal. mark: [laughs] happy negotiation tonight. today, the president announced the united states what only the smartest contestants say to how you men dell, "i will take