here are the five big things you need to know right now north korea responding after president trump calling off next month's meeting with kim june. police in canada on the hunt for two men who set off a bomb at a restaurant overnight. disgraced movie mogul harvey weinstein expected to turn himself in to new york city authorities. new evacuations could be ordered on hawaii's big island as a third lava flow opens up. and ask your alexa device if she's recording you because amazon is responding after one

family said she not only recorded but sent out a private conversation it's friday, may 25th and "worldwide exchange" begins right now. happy friday i'm brian sullivan you can see the new york city police department's first precinct where at any moment disgraced hollywood producer harvey weinstein is expected to turn himself in to police on sexual assault charges this would be the first criminal charge brought against weinstein since scores of women came forward and accused him of harassment or assault. weinstein denied any wrongdoing. contessa brewer is there we'll hear from her in a moment. to a developing story overseas, north korea offered a rather measured response to president trump's decision to call off next month's summit with kim jong-un let's get to eunice yoon live in

beijing with more. thank you very much. north korea left the door open to rescheduling the summit in a statement on the official news agency, kcna, the north koreans described president trump's decision as unexpected and they said we are willing to sit face-to-face to resolve problems at any time and in any way. i spoke to one diplomat here he said that we're now in a situation that is akin to a couple fighting. he said everybody is waiting to see who is going to be the first one to try to kiss and make up he also noticed something different about the statement saying that the language suggests that it's coming from kim jong-un himself because he use the code word under authorization, which is north korean speak for the leader himself sending this message there are a couple reasons that optimists may not be so happy

with this statement. the north koreans said solving the nuclear problem in a phased way would make the relations get better rather than making them get worse. so the word phased, this is not new, but it shows that north korea is laying out its position, that it wants to see a step by step process and having concessions along the way, which, by the way, is almost the opposite of what the trump administration has said. the trump administration's position is they want up-front verifiable denuclearization in exchange for a massive economic relief so it just shows how for apart the two are on this issue. on top of that, north korea said that president trump's decision had caused them to think over if they were truly right to have made efforts and opted for this new path so that statement really raises questions as to whether or not north korea will continue on this outreach with the united

states and even with south korea. there were interesting statements that came out of the chinese today. the foreign ministry reiterated that the two sides should continue with dialogue, but the more interesting statements were questions having to do with the implied suggestion that president trump had made that the chinese had something to do with the more hardened attitude of the north koreans the foreign ministry said we have no secret intention the ministry also dismisses the suggestion that china was using its relationship with north korea as leverage in the trade talks saying i would say you're overthinking it. brian, over to you >> eunice, in general what is the word from china on this story? how is it playing out in the media? are they saying the united states is being tough, canceling the meeting, that north korea is being tough? what is the tone where you are >> the tone in china is that in

the state media that the two need to continue to have contacts, to have dialogue so we're seeing that in the global times, the communist party paper, xinhua, all of the state papers are reiterating the same position. like i said what was interesting in the press briefing today was the more sharper words that the foreign ministry had to the suggestion that president trump made in the past several days that china somehow had some influence over this process of hardening north korea's attitude towards summit to the united states i think the south koreans also had an interesting reaction. the south koreans said they were regretting it, that the summit wasn't going to happen, and president moon had put work into it they also said they'll continue with this type of dialogue, that they believe there were developments that didn't hinder

their sincerity in finding a solution for the korean peninsula. >> thank you we'll see you soon. we are continuing to follow a developing story out of new york city. harvey weinstein expected to surrender to the new york city police department. contessa brewer has more >> so, harvey weinstein is expected to turn himself in to the police present nearby early this morning he will be fingerprinted and photographed, and then he's expected to be brought here to court just about eight blocks away where the d.a. will also photograph him for his official what with ye call a mugshot the complaint is based on allegations by two different women. the two sources say that weinstein is expected to be released on $1 million bail and an ankle bracelet and have to turn over his passassport. the nypd has been investigating

claims by lucia evans that weinstein ordered her to perform an oral sex act. nbc is not saying she's part of this complaint, but they've been investigating her claims the new york sometimes is also now reporting that a second unnamed woman is part of this complaint. weinstein's attorney says, by the way, that harvey weinstein, film mogul, hollywood icon, continues to deny all allegations of nonconsensual sex. >> contessa brewer, we'll see you all day there, thank you very much. also happening right now, canadian police are still on the hunt for two men who set off a bomb at an indian restaurant overnight it happened outside of toronto 15 people were injured in the blast, some critically we'll have more on this developing story as we get it in much more to do on this busy friday including this.

if you have an amazon echo, you will want to hear this story a scary new reminder that alexa is apparently always listening and she talks. and europe's tech crackdown, the four little letters that have everybody freaking out and confused today. and why shares of gap will ain for investors today. "wex" rolls on after this. all in one place. and y ♪ dinner date...meeting his parents dinner date. why did i want a crest 3d white smile? so i used crest. crest 3d white removes... ...95% of surface stains in just 3 days... ...for a whiter smile... that will win them over. crest. healthy, beautiful smiles for life. this is a tomato you can track from farm, to pot, to jar, to table.

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welcome back good morning happy friday futures indicating a slightly higher open for the dow jones. again, not a big move up, but still in the green today all this despite the north korean news, deutsche bank, italy, let's get a man who can tie this stuff together, larry mcdonald head of macro global strategy, editor of the bear traps report, a cnbc contributor. we have this north korean news it's a huge geopolitical story i get it does it matter for the u.s. equity market at all >> it's part of the trump populous agenda, if he backs away a bit near-term it looks good for him he wants to do the best deal he wants to do the best deal with china at the end of the day he wants to do something closer to the midterms backing away now is not a big deal for him he looks at it in terms of, okay, the midterms are in

november he wants something more in september. >> if we were to list out the global macro worries, if somebody asked me, what's the story, deutsche bank is the biggest. all this stuff knitly goi lin ig on, then north korea how would rank it. >> i would put it that way, too but also talk about the dollar shortage globally. the u.s. is trying to reduce interest rates and balance sheet -- or raise interest rates and reduce balance sheets at the same time, that triggered this overseas and on back of the tax reform there is not as many dollars overseas a lot of companies are repatriating cash. that's lit argentina and turkey on fire. definitely deutsche bank is number one >> let's talk about it the deutsche bank is not the local bank next door this was the biggest bank in

europe their obligations are massive. that stock chart looks like a bad internet stock from 1999 what is going to be the ultimate outcome of deutsche bank this is a huge story >> above all, as a former lehman trader, i wrote the lehman book, "colossal failure of common sense" i spent a lot of time on this subject what equity investors have to realize, when they see a stock like deutsche bank, only 25 billion of equity, but the balance sheet is 1.7 trillion. 1.7 trillion with only 25 billion of equity. >> that's why we're talking about it and wanted you on >> so much debt relative to the equity the equity is an after thought the thinking is they'll wipe out the du the -- angela merkel, in her view at some point they could

wipe out the equity, then rebuild the bank from a debt perspective. that would obviously create side effects around the world where people think who's next. >> let me ask you a difficult question i want to be careful asking you this because of the importance of deutsche bank i know you work for lehman is it possible, based on what you just said, that you think deutsche bank stock could be recapitalized? is there a chance this equity do go to zero >> yes, it's a decent -- i wouldn't say 50/50 -- >> don't they have the backing and trust of the german government >> what's happening in europe, if you look at italy and deutsche bank together, the afd party in germany, these guys are trump, bernie sanders like they have gone from zero percent three years ago to almost 20 part of the vote these guys, they're putting in -- if you look at the

bundestag, they are populist, they don't like the bailouts they wanted pension reform they want a fix. they look at the obligations of italy and they look at potential liabilities to deutsche bank, and it's a populist revolution that people don't understand underneath the surface it's going on it's not good for deutsche bank. >> is it a risk to our market or is it its own problem? >> absolutely. it would create a near-term buying opportunity in our market just because of the size of deutsche bank and their collateral liabilities around the world. this collateral risk, that would create a 20% to 30% draw down if something were to happen the market over the short-term, it would quickly realize that they're going to wipe out the equity and rebalance the bank.

so over the course of the year it wouldn't be so bad. in the near-term it would be very bad >> i mean this with love and affection, larry, i hope you're wrong. larry mcdonald, see you soon switching to tech. have you been getting a ton of e-mails asking if you want to unsubscribe or resubscribe or update your privacy policy there's a reason for this. josh lipton explains >> it's billed as the biggest change in data privacy regulation in 20 years gdpr, general data protection regulation now after years of lobbying and discussion, the new law takes effect across the eu starting today. what exactly is gdpr it's a new set of rules that will give eu citizens more control over their personal data they'll be able to access data stored by companies and find out where and from for what purposes it's being used. they'll have the right to be forgotten, meaning they can have their data erased.

they can take their data and transfer it to a different provider companies like alphabet and facebook store okays okay s o data the concern for investors is these new rules could impact user growth, engagement and ad revenues for the companies right now the street is not too worried about the impact of all this on big tech's bottom line those same analysts say smaller companies could face more of a challenge given increasing regulatory expenses regardless companies do have to comply with gdpr or face fines up to 4% of global annual revenue or 20 million euros, which ever is larger >> many privacy advocates are hailing the new law as a ploddal for data protection globally and calling on other countries to follow the european model. let's talk more about this joining us is peter spiegel from "the financial times."

peter, forget about being a journalist, you're just a person with an e-mail address it's like every day i'm getting three, four things saying we need to update our privacy policies, click here or click here to resubscribe. i think that's why a lot of people are confused. this is a european law, but basically with the internet boundaries and boarders don't really matter, do they >> they don't matter this is where the eu is after 50 years of trying to figure out what its role is in the global economy, it's reached maturity it's become a bit of a global regulator when it comes to tech. the u.s. always said you wanted to play ball in the u.s., you play by our rules. they did this with the iran sanctions. you're a european bank, you want to play in the united states, you have to follow the iranian sanctions policy europe is saying you have to follow our rules, whether you're american, chinese. so this has happened time and

again. i saw this analogy of them maturing the eu has gone after google on antitrust issues, the eu went after apple on tax evasion these big global companies that are american and europe has become the global regulator. >> this is not the first time. i guess we're both getting old, i remember a time when the whole microsoft issue, netscape, that all originated in europe now you have the mark zuckerberg apology tour, you referenced google europe is coming after some of these big tech companies >> it's interesting. it's very interesting from a british perspective. the parliament here in london asked zuckerberg to come here and testify because of cambridge analytica, which is a british firm zuckerberg said i'm busy, can't come to london, but he went to brussels people are getting frightened o brussels i was in brussels for six years,

we saw tim cook come through, almost every major tech executive tom throu executive come through trying to lobby brussels it's the biggest market in the world if you put all 28 countries together they want to influence policymaking there because it has knock down effects on how they treat customers everywhere >> regulating tech is a growing chorus among democrats what is the view in europe is the view that we've seen the worst and now we will yell and let it go? or this is the beginning of more regulation >> no, i think it's the beginning. data privacy is one issue, but all this again, going back to cambridge analytica, this issue of political influence that facebook has the fake news. it started in the u.s., but it's come to europe and europe is much more willing to regulate on these issues the british parliament got

involved in this the european parliament got involved in this they're beginning to feel maturity, feel strength that they can bring these guys to task they'll keep going down that path >> peter spiegel, have a great weekend. see you soon we are getting new details on that tesla model s that crashed into a fire truck in utah earlier this month. new data shows the car, while operating on autopilot, actually accelerated for three to five seconds just before the impact the driver in the crash suffered a broken ankle the national highway traffic safety administration is still investigating. the gap is going to have a tough day. the retailer missing first quarter estimates. same-store sales fell 4%, and sales at old navy missed expectation for the first time in four quarters ross also in the red last quarter sales came in okay, but guidance disappointed

investors. and also today, we finally got a number on that samsung versus apple patent dispute. a u.s. jury decided that samsung may pay apple 5$539 million in damage for infringing on patents covering some of the iphone's features previous rulings already determined that samsung was at fault but the amount of damages owed had been hanging in limbo. coming up, the story everybody in the office will be talking about today. how amazon's alexa apparently not only recorded a family's conversation, but then sent it out to another user. hawaii on high alert, evacuation helicopters on the ready as lava begins tflo ow towards the ocean.

welcome back some big stock stories today including autodesk reporting better than expected first quarter numbers but that was overshadowed by second quarter guidance which fell short. the stock is down 5%. shares of deckers outdoors are popping. first quarter results topping forecasts, and they raised their guidance because sales from its ugg brand of boots jumping 6% and teva sales rose 7%. lionsgate fourth quarter earnings easily topped forecasts. the studio benefited from

changes in the tax law as well as its acquisition of the tv network starz. let's check on some of the other morning headlines. nbc's phillip men tha is in new york with more. breaking news out of canada. we're getting our first look at the suspects in a restaurant bombing. these two men were captured by surveillance video entering an indian restaurant. investigators say they detonated an ied and then fled the scene 15 people were transported to the hospital three with critical injuries authorities are investigating this blast. officials in hawaii are reporting an ash eruption from the kill way yo eruption spiking at 10,000 feet residents are urged to remain indoors. the national guard is warning residents who may refuse to leave their homes that they may be trapped can you guess america's

favorite burger joint? for the second year in a row it is five guys that came out on top. over 70,000 people were asked to pick between 16 chains including mcdonald's, shake shack, white castle among others. back to you. >> they had a choice of 16 some of these cult burgers were not on the list, right in new york, you have five napkin smash burgers, there's so many now it's like burgers are the new tacos. >> i like wattaburger. >> are you from texas? >> i sure am >> if you throw out wattaburger. houston? >> from el paso, originally, but lived in dallas and houston. every time i go to the airport i have to get some wattad bz u wa. >> i like you more now, phillip. thank you very much. still to come on "worldwide

exchange," the markle sparkle, how the duchess of sussex is impacting the gold market. it's your morning rbi. we'll explain. and a travel alert before you hit the road, gas prices are on the rise. find out what you'll pay as you sit in traffic burning carbon icl weekend. stk around my mom washes the dishes... ...before she puts them in the dishwasher. so what does the dishwasher do? new cascade platinum lets your dishwasher be the dish washer.

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higher open, trader gearsing up for the long holiday weekend. travel alert, what gasoline prices are likely to do as all of you get in your car to drive somewhere. and hey, alexa, are you spying on us we'll bring you the privacy story around amazon that everybody is sure to be buzzing about today on this friday, you're watching "worldwide exchange". if you are supposed to be somewhere at 5:30 this morning, you're late. it's 5:31. if you're just joining us, here are your top stories harvey weinstein is expected to surrender to police this morning. this comes months after scores of women accused him of either sexual harassment or all-out assault. weinstein still denies wrong doing. north korea says it is still willing to resolve issues with

america after president trump canceled his summit with north korean leader kim jong-un. and a u.s. jury decided samsung should pay apple 539 million in apple, all of this for copying patent smartphone features previous rulings already said samsung was at fault but the amount of damages had not been determined it looks like we could get a higher open. futures are indicated to be higher now up about 60 points on the implied open the dow, s&p 500 and nasdaq also indicating a higher open let's talk about everything that matters to you and your money. joining us now is bill stone, chief investment officer at stone investment partners. good morning happy friday here's posited t an earlier guest today north korea, huge geopolitical

story. for our viewers stock investments, does it matter? >> you know, i don't think it matters that much. obviously the extreme case, if there's some sort of armed conflict that would happen, sure, you would have to worry about that in the short run i would consider it noise. just the rhetoric, will that cause the global economy to get worse and more importantly maybe in the end is earnings getting worse? i see no reason to believe that that would be the case i would generally think it's right to ignore it from a financial sense. >> is that because relations with north korea have been bad for so long that actually this is not a setback necessarily, it's simply going back to what it had been for the previous, i don't know, 20 years >> at best we're frenemies any sort of thaw -- and i think

the market was cheered by the fact they were looking at getting together at a summit, maybe a little bit of this positive, you know, slight bounce back up, it does seem north korea has come a bit sheepishly back saying we would like to get together maybe the tactic worked to pull out. >> what does matter in. >> i'll go back to looking at the global economy big picture is things look good. keeping in mind u.s. looks to be accelerating we saw that from the pmis this week the rest of the world is slowing down, but not something that makes me crazy worried about it. it's just slowing off of a very quick pace europe seeing some slowing japan seeing some slowing, but nowhere near recession also when i watch corporate earnings i continue to see estimates for 2018 earnings continue to click up

what matter force stos for stoc earnings >> then why isn't the stock market responding more it's mid-may, the dow is essentially flat for the year despite earnings being spectacular. >> a lot of it is worries around have we peaked out we may have peaked out -- i guess technically i don't know that will be the case, but we had extremely good earnings in the first quarter. there's a worry that we fall off. as you know, people say europe will fall apart. you have a fair amount of things to worry about the emerging market currencies having some problems in the end you have to come to what do you think is enough to tip over the global economy or earnings i don't yet believe that's the case so i think right now that's what the markets are wrestling with

>> the north korea stuff topping every major world paper, but yet you have to separate news from markets. bill stone, stone investment mart ner partners, have an awesome weekend. >> thank you what stories are trending just one today it's so big it will have everybody talking. we had to bring in the heavy hitter, meg tirrell, for this big story. >> this is a crazy story if you have an amazon alexa device you will want to hear this a portland, oregon family said their echo device recorded a private conversation and sent it to a random person on their contact list amazon acknowledged the incident saying alexa misheard a series of sounds in the conversation as instructions to record and send it the family was just discussing hardwood flooring. amazon says it is working on a fix, and what it calls an

unlikely string of events from happening again. everyone always thinks amazon alexa is always listening to them i think it's sending me targeting ads. >> so you have one >> i have one. >> do you pull the plug on it now? does this story scare you enough that you're turning the thing off? >> no. >> why not >> i use it for timers what do you mean if you're cooking? alexa, set timer for 20 minutes. that's really all i use it for >> it's listening all the time >> it is that's how it knows to respond to you >> isn't that scary? >> it is, especially when people are concerned about their data privacy. i guess the phone is listening, too. if you say hey siri, it answers you. >> everything is listening to us this was such a coincidence. if the thing thought it was

saying alexa, record this conversation and send it to bob. alexa, don't record this conversation, and who is bob thank you, meg >> thank you now to the world of sports, the rockets topping the golden state warriors in game five last night. exciting game. the final score 98-94, defense the story. rockets came out on top despite james harden going 0 for 11. this puts the rockets up three games to two the concern is chris paul, he went down with a minute to go. have to watch his ankle. hopefully cp3 will be okay still to come on "worldwide exchange," it is d day for data privacy in new york. new laws going into effect today. not everybody is happy about it.

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the internet is about to undergo a major regulatory overhaul new data privacy rules go in effect today, it's called the gdpr it may sound boring but it's important. it's forcing thousands of big companies and small ones to change how they collect and

handle your personal information, even if they have no physical operation in europe. let's talk to somebody on the front lines of complying with the new rules, brian kelly it's an acronym, it's in europe, who cares, why should i care, i live in the united states. why should they care >> first off, privacy is seen as a human right. it's something we should expect. so many big companies are saying even though europe is the birth first to have a widespread regulation that we should expect companies to be more careful with our information >> how does it affect you as a business owner is it confusing? is it hard to comply with? >> we spent over a year working closely with not just european regulators but some of the largest publishers and marketers in europe to understand not just what the regulation says, which

is relatively easy to understand but what it means not just for our company but for other businesses >> is it expensive to comply with do you understand fully the regulation and rules you need to follow >> ifyou think about it, historically an advertising company like us deals only with cookies. we don't know who you are. you would think we would not have a huge problem with a regulation like this but, in fact, things like your ip address, where your computer is, maybe your phone can tell from a gps signal what your latitude and longitude are, those are considered personal data by this regulation. we had to create a data vault, split off this information into a separate set of servers so we had to buy those servers, change processes to keep that data private, it was a huge investment and one that almost

every company in europe has had to invest tens of millions of dollars to implement >> ultimately, is it a good thing? >> depends on your perspective if you're a consumer, absolutely a good thing you probably have gotten in your e-mail box hundreds of e-mails from companies saying guess what -- >> click here. click here if you keep wanting to get e-mails. >> exactly >> including companies i don't think i've ever done business with >> exactly this is great as a consumer because now you can unsubscribe or ignore all of these e-mails what i'm worried about is because of the way the advertising industry works, we fund publishers and journalism with advertising because of the way that some large companies especially google, have struggled to understand and implement this regulation, we'll see disruption in revenue for some large

publishers so i think it's going to take some time for this regulation to be properly implemented and understood by the internet ecosystem. >> now viewers and listeners will be like ah-ha, that's why i'm getting all these e-mails. appreciate it. have a great weekend. on deck, a travel alert before you and 41 million of your closest friends hit the roads. gas prices are on the rise we'll tell you by how much and how rising prices may impact the housing market diana olick has more on that one second. barely enough time for this man to take a bite of turkey. but for cyber criminals it's plenty of time to launch thousands of attacks. luckily security analysts and watson are on his side. spotting threats faster and protecting his data with the most securely encrypted main frame in the world. it's a smart way to eat lunch in peace.

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gasbuddy.com apparently a couple people are driving this weekend 2.97, up big from last year. still tolerable. you think it will choke off demand >> there are some suggesting that i just checked our live ticking average, it's 2.98 across america. it's gone up overnight and getting close to that $3 threshold may bite into the decision by people to take one or two vacations using their car this summer. we did a survey not long ago demonstrating that about 24% of our followers have suggested that the prices are already at a point where they have to rethink the idea of taking a long vacation looks like the summer will be better defined by staycations. >> how much more will people actually be paying is it 50 bucks more a month or

130? >> on 50 gallons you're looking at spending an additional $30. that means compared to this time last year, for many people who are taking a longer trip that could mean several hundred dollars. it also bites into other potential areas where there could be an effect in terms of cost of living where prices may go up for other things as a result of these high sustained prices the increase has been rather dramatic at the beginning of the year when we predicted 2018 would be far more expensive than 2014, we estimated we would see probably a 25, maybe 30 cent a gallon increase even those projections were exceeded by what's happened here at 60, 61 cents a gallon on an average increase, depending on where you are across america going into this weekend this is by far and away the most expensive time going back to september and october of 2014.

for a lot of people this is something that is unexpected for that reason it does impact the bottom line. discretionary spending has to be absorbed somehow, some way, for a lot of motorists it's a question of being more careful as to where they'll go >> how much are you paying roughly per gallon in canada a rough idea >> about 4.20. 4.30 a gallon. if you want to go to vancouver where there is always controversy, it's more like 4.75 a gallon lately the prices seem to be coming down on the markets, 2, 3 cents a liter, but over the next couple of days we'll see a correction, maybe not in time for the memorial day long weekend, but next week potentially prices easing off. >> what are the average

prices -- >> 1.28, $1.29 a liter, 3.80, 3.75 a gallon. that's more expensive than the most expensive place in continental america. >> you knew where i was talking about. if we complain, go to canada appreciate it. >> take care rising gas prices might have an impact on housing diana olick has the details. >> reporter: tammy washington is tired of the high cost of housing and now the rising cost of gas >> the housing prices then the gas goes up every week it was almost a dollar difference a month ago >> higher gas prices are just another negative for home owners and more so for potential buyers home prices were up over 5% in april according to the national association of realtors,

inventory fell over 6% mortgage rates are also up to the highest level in seven years. when you add higher rates and higher prices, the average monthly payment for the median priced home went from $1,072 a year ago to $1,190 today an 11% jump. >> with gasoline prices rising, mortgage rates rising, it is burdening the housing costs. >> while the most recent trend has been a return to the urban poor, living in the city has become enormously expensive, compared to make the trek out to the suburbs where home builders are more active and housing is more affordable. as gas prices rise, they eat away at that savings >> i'm planning to relocate and go south where it's more affordable i can't work just to pay for gas prices >> there's no specific data on

how higher gas prices affect home sales and home prices, and the impact is likely shrinking given the popularity of ridesharing and hybrid cars, but when anything goes up, it affects consumer confidence. and buying a home is all about confidence brian? >> it is that's fascinating i have to ask you about something else we're doing this story on amazon's alexa, apparently recorded a conversation, i think it's a giant story, you can disagree or agree. you found out -- this is interesting, lennar, the home builder, is putting echoes in many new homes >> we did this story on wednesday. it's about the amazon lennar connected home the alexa is standard in all lennar homes we went back to them last night and said what about privacy issues in the house, the story you're talking about the head of lennar ventures, he

said as with all new technologies this is a process of continued refinement including the coexistence of things like security and privacy. that said we have a lot of respect for amazon's technology, security, privacy capabilities he goes on to say naturally you can just take the alexa out if you don't want it. >> interesting stuff diana olick, we'll get you back on this alexa story. i think it's a big deal, what do you think? >> i think it's a big deal but also these connected homes, these services you can get through the technology, this was a cool home, it had everything you could order from amazon just by talking to walls. that will be more and more popular as peep want things easier >> i apologize, wednesday i was driving across the northern plains of north dakota >> you didn't see our story. it's online.

>> we'll send you there to check out the housing market >> great >> diana olick, thank you very much it's time, apparently, for your morning rbi. the meghan markle effect has officially spill over into the commodities market stay with us turns out -- amaze your colleagues and friends with this nugget today meghan markle may be impacting the gold market. meghan and prince harry telling the bbc in november that gold is her favorite metal. the world gold council said 2018 had the strongest demand for gold since 2009. are these two things related probably not is this random but interesting

we hope so that's your friday rbi the markle sparkle i'm just going to keep talking slowly because joe kernen is supposed to be there joe kernen, are you there? joe? here's how the markets look. the dow jones indicating a higher open of 74 points the s&p is indicated up 6.89 points the price of oil is back below $70 a barrel, like 69.26, down 2% now so it won't matter for the holiday driving weekend because remember gasoline prices are set like six weeks ago still you will pay more as you and 41 million other people burn dinosaur fuel on the interstate this weekend the treasury market, see where the bond yields are, we're just ending this show strong today. ten-year yield back below 3% gas prices down, interest rates

down, everything is fine have a spectacular holiday weekend. remember tse thohat we lost. "squawk box" is next e-commerce s to homes than anyone else in the country,mmerce s we never forget... that your business is our business the united states postal service. priority: you if you have a garden, you know... weeds are low-down little scoundrels. draw the line with roundup. the sure shot wand extends with a protective shield and target weeds more precisely, right down to the root. roundup. trusted for over 40 years.

north korea responding to trump after he calls off next month's planned summit it was muted response and the markets are actually up based on that a jury awards apple more than 500 million in a samsung patent retrial. and you have a device recording everything you say in your house, what could go wrong? are you listening, alexa how an amazon echo secretly recorded one family's conversation and sent it somewhere else the idea this could happen, i was right all along by not hooking that thing up.

it's friday, may 25, 2018, "squawk box" begins right now. live from new york where business never sleeps, this is "squawk box. >> good morning, everybody welcome to "squawk box" on cnbc. we are live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. sitting in with us for the hour is steve grasso director of institutional sales at stewart frankel and a cnbc "fast money" trader good to see you. ready to go? >> couldn't be more excited. >> about the market or the weekend? >> sure. both >> exactly let's look at futures. as you will see right now on this friday before memorial day weekend, you're looking at green arrows dow futures indicated up by 75 points s&p futures up by 6 1/2. nasdaq up by 32 points yesterday th