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tv   After the Bell  FOX Business  April 26, 2019 4:00pm-5:00pm EDT

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highs. [closing bell rings] never-before-seen levels for s&p and nasdaq. we are there now. that will do it for the "claman countdown," if you're seeing "avengers: endgame" i want to know. tweet me @list claim ma if you loved it. melissa: u.s. economy grows 3.2% for the first quarter a absolutely crushing expectations. the dow ending up the day 78 points t wasn't enough to push us into positive territory for the week. nasdaq closing at a new record close there. you can see it up on the board. good stuff. s&p fighting to end the day in report territory as well. i'm melissa francis. connell: good to be here. happy friday. melissa: happy friday. connell: happy friday, i'm connell mcshane. welcome to "after the bell." we'll have more on the big market movers for the day and the week. here is what is new at this hour. trade is on of the agenda.
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president trump and prime minister of japan will be set to meet this hour, that will going in a few minutes depending on the president's travel. they're honing in on trade an economic ties. we'll bring you any breaking headlines from the president and this meeting in after-hours. u.s. roaring back. surprise move on economic growth despite headwind. we'll talk with steve forbes, the forbes media chairman, what is behind the booming economy and what is coming next? running on empty. gas prices on the rise and states which are being hit the hardest. melissa: fox team coverage with gerri willis watching the markets from the floor of the new york stock exchange, edward lawrence is following the president all things trade an economy from the white house. so, edward, we'll start with you. reporter: melissa, right now president donald trump is on his way back here to the white house for the state visit with the japanese prime minister shinzo abe. senior administration officials
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say they will meet on number of topics. one on national security and north korea how to two forward there. the u.s. is involved with trade negotiations with the japanese to work out a greater trade deal. i'm told from trade sources u.s. would like to announce a temporary trade agreement, lowering tariffs on agriculture. but the trade talks according to sources are not going as well as they liked. earlier today, president in a speech to the nra talked about draining the swamp. the president would like to move forward with things. but democrats are holding him back saying what he has faced so far amounts to a political coup. >> corruption at the highest level, a disgrace. spying, surveillance. trying for an overthrow, and we caught them. we caught them. [applause] reporter: in a surprise announcement the president also saying that the u.s. is going to take their signature off of a
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u.n. arms treaty agreement with the united nations. among things that would do, u.s. keeping a list of who it sells guns to. say they sell a shotgun to an italian. the u.s. would send it to italy, who bought the gun and what gun was purchased here. nra the president and vice president taking shots at democrats trying to become president. vice president talking about senator bernie sanders call on having felons vote. >> i got news for you, bernie. not on our watch. violent, convicted felons, murderers and terrorists should never be given the right to vote in prison, not now, not ever. reporter: all eyes here at the white house on the meeting coming up in about 30 minutes with the japanese prime minister, shinzo abe. president donald trump on his way back here for that meeting.
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back to you, melissa. melissa: edward, thank you. connell: let's get into it with our market panel. carol roth. future file legacy planner and. obviously edward, scott, we'll talk trade this hour, big picture the story is the economy. a lot of us, as usual scrolling through twitter this morning 8:30 in the morning, 3.2% i thought it was a misprint until i saw five or six tweets in a row. boy, what do you make of the gdp figure? are you excited about the future. do you say to yourself can we sustain this? what is your take. >> you know, connell i'm always excited about the future. that goes without saying but i will tell you economically, my friends, democrats, most republicans should be excited because i think this was a data point, gdp which is back ard looking, yes, gosh go whack to the beginning of year maybe flat, now we're above 3.
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there are revisions that will come. recent data reports, whether gdp. wage growth numbers very good, unemployment numbers percentagewise, those are very much stronger than what they thought were coming into the year and i think stocks are taking a leap from that. we're seeing new highs in the markets in response to good earnings as well. connell: carol, what's next then? future file what is the future hold here? >> the future we'll look into the future and as i always say, i quit my job at the psychic friend network so i don't have that connection anymore but my best guess is i think you will get this balanced out a little bit in the second quarter. there were some things in terms of inventor build, exports up, imports being down i think may weigh a little bit on the second quarter. i think when you average out the year i certainly don't expect we'll see 3.2% for the full year but could we see 2 1/2%? absolutely, and i still think that is fantastic news. anybody will be happy with that. so from my perspective you may
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get a little bit of an up and down, but overall this should be a nice growth year for us. melissa: love it. biggest dow winners, disney, unitedhealth and microsoft. gerri willis on how the markets did this week. gerri? reporter: bumpy week for the markets. the dow closing the second down week in three. when it came to s&p and nasdaq we hit new highs. second record close for both of those indexes. the s&p above 2933, that was a critical level. six points higher than that, 2939. the nasdaq had to close above 8120 to beat that record. did it by 26 points. that is very exciting news. let me tell you the blowout news everybody was excited about, amazon is now going to give prime members free next day delivery. say alexa, deliver my toilet paper, get it the next day. it will cost amazon 800 million to make this happen. i can tell you walmart and target was lower on this news.
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amazon made 2-day free shipping a thing. it didn't happen before that. you can expect all the retailers will jump be forced to do that. that is why the stocks are down. back to you. melissa: it is so interesting, absolutely. it will change the landscape. thank you. carol and scott are back to react to this. they started they did free shipping originally. got everybody on that. then everybody was losing money. then you join the club, you get two-day. go to next day, that puts a lot of pressure on everybody else. carol, it is kind of the question, do they spend so much money it kills them before everyone else is forced to do it? >> no, absolutely not. i think they have been a lead every and an innovator. this is something everybody will figure out after amazon corrects the course. they have over 100 million prime members.
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we have households in the united states, 128 million. i know that is a worldwide number. equivalent to 80% of the households in the united states have prime. they will be able to do that investment. it will benefit the consumer in terms of time and convenience. everyone will follow suit. at the end of the day, melissa, these greedy corporations will benefit the consumer and we'll all be happier for it. melissa: i wonder if they're using the post office for any leg of this? that is one of the president's big beefs. that amazon has made terrific use of the post office to deliver some of their stuff. so, i mean, maybe, that was buried somewhere in the story they're getting away from the post office, they cut a new deal. there is some nugget of that in there, what do you think? >> there may be. if i'm counting on one day, shipping, melissa, i hope they don't use the post office. i tried that before conventionally, my friends, it did not work out. but that is what it is. carol is right, this is benefit to the consumers.
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it increased efficiency an increased service. she made a real good point. you and i have been amazon prime zealots from the jump fine to admit that on national tv. melissa: oh, yeah. >> it still remains the best deal on the planet. a year or so ago kicked up the price 20 bucks. just made 2 billion-dollars in revenue by doing that. nobody batted an eye. they have total control of their destiny. melissa: they absolutely lose money on me. i get 20 amazon boxes a day. >> from me. melissa: they couldn't make money on me. whatever. we'll see. thank you. connell: here is a question for you. who are the best ceos. what makes one better than another? we'll take a look at that today, susan li live from the newsroom. reporter: with the news in the earnings, jeff bezos and satya nadella and mark zuckerberg's company reporting this week. people are talking about who is the best leader out there? we looked at the lists and compiled them in aggregate.
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the harvard business review first off tried to make things as fair as possible. page it by day-to-day data and non-financial metrics as well. coming out on top, not jeff bezos. in fact a lot of these are european names. inadex, has been number one for last two years. nvidia's kwan, he is only name consistent across all the lists that we checked. bernard arnault, france's richest man which owns gucci and ysl and continental. looking at a list of harvard business review looking for jeff bezos. i was looking, looking, at number 68. the bragging rights jeff bezos has for the harvard business review he has been the only ceo made this list each and every year since his company went public. now le's look at the readers choice. this is more academic. when it comes to actual day-to-day readers and viewers who do they consider to be the best ceo picks?
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not a surprise, some of the names always in the media. jeff bezos comes out on top, warren buffett number two, tim cook, jamie dimon and elon musk. what about growth ceos and growth stocks? there are a lot of ways you can measure a successful ceo. baron's did the same when it comes to growth companies and people that generated a lot of value for shareholders. bob iger is number one, james gorman. the rest that you see. satya nadella doesn't do badly, you guys, would you say? >> the list in general, he is doing all right for himself. the list in general is interesting. first list is a lot of people never heard of. melissa: right. connell: the second list you heard of everybody. the third was kind of mixed. thank you, susan li. melissa: we'll have more from the white house as we await a arrival from the japanese prime minister. what we can expect to his meeting with president trump. connell: pushing for his political policies where former vice president joe biden stand on some of the far left ideas out there like medicare for all.
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what happens if he strays from the 2020 pack? we'll talk about it. steve forbes, the forbes media chairman is coming up. ♪♪ ♪♪ ♪♪
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white house. president just got back from his trip to indiana. the two will meet any moment. it is bilateral meeting. the welcome at the west wing door. we'll follow it throughout the hour. melissa. melissa: one of the big focuses will be trade and economic ties as trump economic advisor larry kudlow seeing sunny skies and favorable winds ahead for the u.s. economy. listen to this. >> president trump's policies are rebuilding the economy and actually the prosperity cycle we're in is gaining momentum, not losing it. it is gaining momentum. so i think that is extremely positive. melissa: here now is charlie hurt, "washington times" opinion editor and fox news contributor. so for years larry kudlow talked about the best path to prosperity is free markets. that if you can unleash the economy, take off some of the tax and regulation burden, get out of the way of business that you know, it really lifts all ships. we're kind of seeing that.
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to see nobody predicted economic growth in the third quarter. i think they were crying on cnbc this morning when they were talking about it, they want so desperately for the economy to fail over there. well, it will be all bad from here! already trash-talking from the second quarter has start, but charlie, my question to you, has there been a fundamental change? the new normal before was 1%. now we're seeing this. what do you think? >> also the new, the new normal was only way to get the economy going was by printing more money. at least that is what the previous administration seemed to think and what we're seeing now is actual smart, intelligent political policies by this president, whether it's cutting red tape, cutting taxes things like that, that are, cutting regulations, all those things that are sort of getting, you know, spurring the economy in very healthy ways so that you have things like low unemployment, people's wages
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going up, things like that and of course all that spells one thing in term of politics. that is in a good economy always helps the incumbent in the white house. melissa: also to look at, so i know that larry has always been very much against tariffs. he is kind of had to stand out there and work in the tariff area as they continue to have these negotiations with china. he was talking about that, they brought up bloomberg headline saying the deal is almost done. i would say five or seven yard line maybe, something closer than that. it can always be bum -- fumbled. imagine the transition, if china opens up lets us sell into china, what an economic transformation would be for our country. we saw net exports rise. this isn't something i really thought was possible and i didn't know, if you had the political will to sit through the tariff war and then win it, that maybe things, you could really see a big boom in
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transformation. do you believe in that? >> i do and here's why, melissa. if you go out into the country right now, you talk to farmers in particular about what they're facing because of these tariff fights, and it is not just with china, it is with other countries, it is with canada and mexico, all the tariff fights we're having right now, they are wreaking havoc for a lot of people all across the country. it is really, really hard times for a lot of those people. those are people who happen to be, a lot happen to be trump supporters, what is interesting is the economy is booming despite that. if you do wind up making some sensible, good deals with china, and mexico and these other countries, you get new policies in place, that are more favorable to freer, more equal trade, good night, there is no telling what, what the economy will do when you get everything humming in the right direction. i just think it is kind of
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amazing that the obstacles that so many people across the country are facing right now it is not showing up in the, positive data we're seeing in the economy right now. melissa: it is interesting too, the way that he, looks at economic policy and uses it to try to force change in other. >> yes. melissa: where people didn't have, weren't willing to take the risk because it is political suicide. another area kind of like that is the out-migration in new york for example. we've had a $3.4 billion budget shortfall directly from personal income tax, from people leaving new york because of the change in the tax code. it is brutal here. property prices are getting killed. there is tons of vacancies. that is one of those things, i will bring to heal these communities and these governments in states and locals who are spending all this money and people put up with it because they're able to deduct that on their federal income tax. and horrible for us but it will be interesting to see what the
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outcome is. >> but, for a long time you had lower-taxed states basically subsidizing the higher-taxed states. where that money went to, you know, sort of offset some of that but you know the whole idea of the united states of america is we have 50 states and when you have states competing with one another in terms of tax structure, in terms of regulation, all those kind of things, that means that they're trying to, everybody is trying to become the most efficient place to be. melissa: right. >> for taxpayers and for companies and things like that. that is a total win. but when everything is regulated from the federal government, you take away all that competition. and so i think it's a very, very healthy thing and i think that, i think that all of the, all the good news that we're seeing in the economy, there is no reason to believe that any of that is going to change just because it is we're talking about the fundamentals are very, very solid and going in the right
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direction. melissa: charlie hurt, have a great weekend. >> you too. connell: pushing for universal basic income. left-leaning idea gaining more attention worldwide. could it ever work in the united states without damaging the economy? we'll talk about that. then ordered to stay in quarantine. hundreds of students at two universities in california may have been exposed to measles. so we'll bring you the frightening details on that after the break. ♪
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while providing long-term care coverage, should you need it. so you can explore all the amazing things ahead. talk to your advisor about brighthouse smartcare. brighthouse financial. build for what's ahead℠ melissa: we are still awaiting the arrival of japanese prime minister shinzo abe to the white house ahead of his bilateral meeting with president trump. we'll bring you any breaking headlines we get throughout the hour. we'll keep an eye on the front door to see when shinzo comes over. connell: they're about ready and waiting. fixed income for adults. the idea of universal basic income seems to be gaining
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momentum. presidential candidate andrew yang is campaigning on the program. david lee miller joins you with more on all of this. reporter: connell, some call it free money. the idea behind universal basic income, provide essentially a government safety net that would help any american that was in need. it would not be a source of income. it would apply to people regardless of economic or employment status. while the idea is not new long shot democratic presidential candidate andrew yang is calling for each family to get $1000 a month. he says the money would be funneled back into the economy. >> this is not going to diminish work. it is actually going to enhance and amplify work that needs to get done. putting resources into americans hand so they can participate in the market to be able to activate the demand for services. reporter: some americans already taking part in universal basic income programs, a test program
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in tock ton, california provides low income residents with 500-dollar debit card. critics argue it won't help with unemployment. >> universal basic income is not the way to help americans find jobs. the way to do that is to help grow the economy, by creating, creating the conditions for private businesses to be able to create those jobs. and then when we need welfare to have a welfare system that helps and doesn't hurt the people who are on the program by helping them find jobs if they can work. reporter: there is a good chance we'll be hearing more about universal basic income. in addition to andrew wang, other candidates including kamala harris and pete buttigieg discussed one form of the plan. one republican president considered the idea, but richard nixon failed to get it through congress with any broader support. back to you. connell: funny associated with richard nixon, right, years ago.
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thanks, david, we'll follow it of course. melissa: measles crisis spreading across the nation. now hundreds of opportunities are quarantined at two california universities, ucla and cal state-la after being potentially exposed to to the disease. they will remain in quarantine until medical record can prove their immunity. this is according to health officials. this is getting bigger and bigger. connell: bracing for a tough road ahead. why critics say joe biden could face increasing pressure from his opponents on the far left, from his own party in the primary. steve forbes, forbes media chairman coming up on that. melissa: attorney general william barr set to testify next week on the mueller report findings as president trump doubles down on what he call as political witch-hunt. what is at stake for both parties? connell: california where gas prices are soaring to historic
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melissa: that's what it looks like. connell: topping the record. former vice president joe biden raised $6.3 million the first 24 hours since he announced he is actually running for president. that number was a good one. beat rivals beto o'rourke and bernie sanders in the fund-raising race. but at the same time, biden facing pressure from some members of his own party on issues like health care. steve forbes, the forbes media chairman to talk now about the official candidacy of joe biden. >> number 210. connell: we can talk about it for real now. the question for biden as a candidate, how far to the left on economic matters, particularly on health care will he go? he will be asked, don't know where he stands say medicare for all, for example? >> it will be critical. he is seen as establishment candidate. look where that got him. activists don't like that. why should you choose a guy around that track 10 million times, has never come up with
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bold proposals like they love from bernie sanders and the others in the race. why are you here, joe? connell: pressure from the left will be to go, bernie was always for it, but now everybody seems to jump on board with him medicare for all. >> all bernie has to say, thank you for coming around joe after 40 years in the political arena. connell: which he will. >> people will say let's go with the authentic one. connell: the base of the party. >> absolutely. connell: biden the pressure will be on him from the more moderate establishment democrats to defend obamacare. he was the vice president. >> yeah. also going to hurt biden this semiapology tour he is on now. connell: right. >> with anita hill and the like. there is no way he will appease that part of the party. the more he tries to appease it, more looks like this is a guy out of touch, trying to make amend. why don't we go for the real deal, buttigieg or somebody else. connell: he is raising a lot of money. >> they will say it shows he a corporate shill. he saved up a lot of corporate
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people, donate when i make -- connell: you don't think he will be the nominee? >> i don't. connell: a lot of people seem to be coming around to that. a few months ago it was the opposite thought. >> consensus is usually not right. connell: speaking consensus not right, the economic figures, economy posting much better than expected growth rate, 3.2% in the first quarter of the year, best first quarter in four years. way off the consensus estimate. what do you make of that? i said to one earlier guest i thought it was a misprint. >> instead of .32. a lot of inventory build up, which is a good sign, means the second quarter will taper off a little bit but no reason why. assuming we get trade deals out of the way, hopefully couple weeks we break the back on china and as they meet here and there next couple weeks. you could see 3% this year. that is not bad going into 2020. connell: would be a very good
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figure for the president. he talks all the time he doesn't feel he gets enough credit for the economy? will that start to change? that could decide things. whether he gets credit. >> how he wages the campaign, make that the issue. instead of getting sidetracked of all the issues he feels strong about. good times are here. don't let them wreck it. connell: if someone, i will ask you the question, well, how much of this is this man's policies? how much of the strong economy is because of president trump's policies? >> just look what was there before. eight years of 1 1/2% growth, the worst recovery of a sharp downturn in american history. even in the '30s we had a initially a sharp upturn. couldn't sustain it. this time we got nothing. 20 miles an hour for eight years. now we're going 50, 60, maybe you up to 70. police are not looking. connell: we had a lot of stories, our friend brian wesbury the economist talking about twitter, he was talking he was right about the economy, taking a little bit of victory
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lap. pointing out the effect of the tax cuts was fading, foreign growth was slowing -- >> those economists other than brian are so wrong. they don't realize when you cut rates, that is permanent. that is not just getting one piece of check, a nice piece of change in the mail, that's it. one shot. this is permanent. it goes year after year. the gift that keeps on giving if they leave it in there. they underestimate. those rates are low, especially with mulvaney in the white house, they're hammering on deregulation, every department, hammering on it. doesn't get the headlines. boy those things add up in terms of relieving pressure on business. connell: some say they help more than taxes. imagine with a flat tax? don't want to get you started on that. >> thank you. >> steeves -- steve forbes. melissa: president trump is fighting back against what he calls a political witch-hunt. here now is hadley heath manning, independent women's
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forum policy director, gianno caldwell, fox news analyst. thank you for both of you guys joining us. >> thank you. melissa: hadley, let me start with you. william barr, is, one of his stated goals was to try to restore confidence in the justice department. in fact our entire system. it seems like he has gone out tried to be patient and calm and non-emotional and answer questions at every turn. he has another opportunity to do it here. do you think that he is making any progress towards his stated goal of restoring confidence? >> well maybe with a small group of people who might still be undecided about how they feel about the mueller investigation but the vast majority of americans have pretty much decided how they see it. largely breaks on partisan lines. so if you ask americans of the recent npr poll did, are you satisfied with the result, the complete investigation, about 78% of republicans say they are. 35% of democrats say they are not satisfied.
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even more lopsided question is whether people see this investigation and the report as an exoneration of president trump from wrongdoing or whether questions still exist? so unfortunately i think regardless of the valiant efforts of attorney general barr and others to restore confidence in good government, a lot of people already decided how they feel about president trump and how they feel about this investigation. melissa: well, but those are different questions, gianno. i think that's true, if you ask people about the investigation. they have an opinion about president trump. even about, you know, good government or confidence in government, forget it. but if you, having confidence in our justice system. >> right. melissa: the fbi and the rule of law is, that is a separate and in my mind bigger question. and maybe if he can methodically plod along and, you know had rod rosenstein over his shoulder when he was standing at the podium. there is decidedly, he kind of calms the tone when he is out there fielding questions from both sides that are upset.
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do you think he can make any headway that front, this week when he goes for questioning? >> i think he will. he has been fairly consistent. as you said, he has been patient calm, address questions, yes there is a desire by him to make this much of a political operation to say william barr is acting as a political surrogate if you would on behalf of the president, i don't think that's true. when we think about the rule of law and this investigation, russian investigation in of itself, over half of americans believed it to be a witch-hunt according to the "usa today poll." considering the fact that the president right now who feels like he has been wronged, based on the investigation results he was wronged by so many in the media, so many on the left, even some on the right saying hey, he probably did collude with russia, this is the kind of reaction you will get from the president when you see comments he made about the investigation. and thank god he is now installed attorney general who
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is willing to do the job, do it right, not recuse himself from the investigation during this time. but also talk openly about the results of the investigation. melissa: hadley, what do you think are the dangers for both parties as william barr comes to the hill next week? >> well, neither party should attempt to overplay their hand when it comes to this investigation. i think democrats have seen the mueller investigation as an opportunity to paint president trump in a bad light, turn it into a 2020 campaign issue but in the poll that i mentioned earlier, independents are actually siding with republicans on this one 52% of them saying they're satisfied with the completed investigation. i think americans in large part, independents, sort of swing voters are exhausted with the news hype over the investigation. so to continue to press and press an press, rather talk about issues are of great importance to americans whether it is how much we just paid on our tax bills, thanks to the tax cuts and jobs act we're better off. talking about health care costs
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to continue to contain those. those pocketbook issues are more important to mainstream america than the investigation. melissa: real quick do you agree. >> i 100% agree. democrats need to pull back back to narrative why the investigation was necessary. leave russia alone and focus what the american people gave them majority. health care being a big issue. melissa: get to work. >> should see that. melissa: get to work. fix some stuff. we solved it. connell: vying for millenial support. 2020 democratic candidates making their pitch to younger voters heading to the primaries of the how will that work out? cashing in on the endgame. details on "the avengers" movie. it is already breaking bock office records. we'll be right back. and manage my portfolio. since i added futures, i have access to the oil markets.
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melissa: "avengers: endgame" cruising to new records at the box office already. it appears this is just the beginning for the marvel movie. deirdre bolton in the newsroom with details. i got my tickets. going this weekend. i can't wait. >> i was going to say that sounds like a lot of other people as well because globally this movie may in fact exceed box office global record. i just want to say. it may surface even
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"avengers: infinity war." basically the russo brothers directed both a ven -- avengers movies. "end game" culmination of the last 11 years. you're not alone. a lot of marvel fans are excited about this. just to give you some stats it sold five times as many first week presale tickets as avengers infinity wars. i know someone going 8:00 tomorrow morning. i read more than a few, at least new york city theaters staying open 72 straight hours to take advantage momentum. this superhero pic has a shot clearing one billion dollars globally. that by the way is an unprecedented feat. it already had a opening, a record in china. it was released there on wednesday. you can see other movies. we made a list on the screen that set records in the past for ticket sales. essentially it is competing with
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itself, right, as far as a developing guesser infinity war for global opening. other movies set records in the past for ticket sales. total take, "avatar," still the one all-time highest grossing movie ever. followed by at this time "titanic. with rain any weather in some parts of the country, a maybe few extra tech kit sales. melissa: i don't think there is any seats left no matter how much rain there is. >> go on fandango preselect. high demand. melissa: deirdre. we'll see you on "bulls & bears." thank you. >> thank you. >> i'm a young vibrant man. i don't know about joe.
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look at him. >> is he too old? >> i would never say anyone is too old. they're making me look very young, in terms of age and i think in terms of energy. i think you people know that better than anybody. >> if he looks young compared to me i should probably go home. connell: 2020 back and forth over age earlier today. at the same time we have new census numbers out showing youth voter turnout went up by incredible 79% in the midterms when you compare 2018 to 2014. we're joined by president, executive director, rock the vote, carolyn dewitt. you put those together. would be interest to see if 2020 is a big youth voter turnout. you have two or three very old men running for president. so how do you, how do you kind of work those two issues? >> well, i don't think it is necessarily about the age of a candidate. it really has to do, young people are, you know, really responsive to the fact that
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candidates are genuine, they're real when they speak to them about issues they really care about, young people show up for them. that is what we saw in 2018. connell: yeah. >> with the increase in turnout numbers. connell: was that about, i want to talk about bernie sanders at the moment, everybody is always surprised because to your earlier point it is not always about age. he is an old guy. he has a real thing going with young voters. when they turned out in 2018 that was for a midterm election. in midterms that was real surprising to see numbers up as much as they were. what really drove it? >> yeah. this is really exciting, right? we saw 79% increase from 2014 numbers. that's a really, really big deal. just to put that into context that is the highest growth vote, voter turnout in over 100 years. during that century we've significantly increased suffrage. it is also the highest increase of any age or racial
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demographic. connell: what are they worked up about? i saw a harvard poll for example, said young people want the moral direction of the country, they are worried about, 2/3. is it those types of things? when we talk about other voters, middle-aged, older voters talking about the pocketbook issues, the economy. doesn't seem that drives young people. what were they worked up about, will it be the same in 2020? >> it is really interesting thing to know young people are increasingly less likely to ascribe to a political party. they're much more likely to think, to be motivated by political ideology and issues. so they're looking at a broadvision, you know, a big vision about the issues that impact their day-to-day lives. so of course last year we saw a lot of organizing around gun violence. we also saw it around immigration and economic and racial injustices. so those are the issues that really young people are looking to move forward in this country with. connell: now the bernie factor that i started with, to come back to that, what's the a
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traction there? most of his supporters it is anti-establishment phenomenon. that drove a lot of trump support last time around. that is why there is a little bit of crossover between the two, funny enough. we're looking at 79-year-old guy nearly and a lot of people love him? >> again this comes back to really when a candidate is, you know, genuine, real, they see them as a human, they don't, they're straight-shooter, straight talkers, and they're breaking things down very, very directly for young people, and they're speaking to the issues they care about, even in 2020 election right now, we're seeing candidates take positions on issues that impact young people from student debt to health care. that is really what is going to drive young voters. connell: we'll see. boy, if they do show up again in big numbers it will have an
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impact. thank you for coming on. >> yeah. >> paying more at the pump. why the upcoming summer vacation could get even pricier. details next. ♪ you wouldn't accept an incomplete job from any one else. so why accept it from your allergy pills? most pills don't finish the job
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>> california residents dishing out the most cash, robert gray is live at gas station with the latest, robert. >> yeah, melissa, we saw the prices rise before our very eyes presunrise, take a quick look, 4.79 for premium here. gasoline prices are spiking nationwide literally, take a look at it. we have a chart that shows you california top prices versus the u.s. national average, highest levelings nationally since halloween but for california 4 bucks of gallon on average, highest going back to summer of 2014. taxes here account for a dollar a gallon, the governor calling for an investigation into what he calls inappropriate industry
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practices, 20 cents of gallon that's unaccounted for according to my analysts and refiners have been shutting down for maintenance or other issues, what remains to be seen higher gasoline prices that will affect consumer spending. >> we are used to paying higher prices in california and on the west coast but the double-digit increase that is we have seen over the last couple of weeks are going to create sticker shock. >> we are still a month away from the summer driving season kicking off, guys, let me say that 3-dollar a gallon in manhattan should understand pretty cheap. >> yeah, absolutely. good stuff. >> one more story for you, i love to be be able to do this because melissa likes the story, the war against hot dogs. bill de blasio pushing the green new deal, cutting purchase of red meat in half from city-owned facilities in order to combat climate change.
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at one point 2014, got to love good hot dog. >> is it worth being alive if you don't have meat? >> i don't think so. ♪ >> breaking news president trump is sitting down right now with japanese -- japanese prime minister shinzo abe at the white house, we are expecting comments from the president and the prime minister any moment, we will bring them to you as soon as we get them. >> the gdp smashed expectations with the economy growing at an alian rate of 3.2% in the first quarter. it can all be taken away when you start putting the wrong people in office. >> president trump touting his booming economy and robust gdp numbers out today, the first first-quarter gdp

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