headlines. liz: john, we love creative ideas not a lot of people talk about. we're thrilled you came on ready to play ball. [closing bell rings] john chriswell, put them on lizclaman.com. a gain of 514 points for the dow. connell: american spending bounce being back and stocks soaring today on news of a record jump in retail sales and a also hopes for additional stimulus. we also had promising new research showing a common steroid can help reduce deaths among the sickest of covid-19 patients. so that appeared to be a driving force in today's surge in the market. a lot to talk about. good to be with you. i'm connell mcshane. melissa: i'm melissa francis this is "after the bell." the dow is up nearly 850 points as the high pulled back slightly earlier today after beijing said it would expand its lockdown. fox business team coverage, blake burman at the white house,

jackie deangelis in the newsroom and edward lawrence in washington. let's kick it off with jackie on today's market rally. jackie. reporter: good afternoon, melissa. stocks were slightly higher on the blowout retail sales report in may, an increase of 17.7%, the biggest monthly increase. april's sharp decline was revised lower this is good news as states are reopening and economy is getting up and running, there does appear to be a lot of pent-up demand from folks not shopping while they were unlockdown orders but buyer beware. as you said in beijing, another lockdown after a cloughster of new coronavirus cases showing reopening may not be as easy as everyone is hoping it will be. meanwhile stimulus hopes are helping stocks too. reports considering the trump administration is considering a one trillion dollar infrastructure plan to help the conry recover. the money is expected to include things like roads and bridges and 5g infrastructure.

"washington post," facebook, google, the ceos of those companies open to testifying before congress regarding antitrust issues. it is not really clear whether apple will participate. the report says facebook and google will do it as long as the other tech giants are also involved. guys? melissa: all right, jackie, thank you. federal reserve chairman jerome powell sounding upbeat while testifying on capitol hill today saying quote, absolutely, we will get back to a full recovery. let's go to edward lawrence with details on that. edward. reporter: melissa he sounded upbeat but he was a little cautious in some of the things he was saying. in fact at one point the market didn't quite know what to do with his comments looking like space mountain at disneyland, one of those rides. what the market did like federal reserve chairman saying interest rates will remain near zero for years. that the fed will buy treasurys and mortgage-backed securities with no end date.

what the market didn't like that social distancing may actually hurt the recovery because it would hurt largest businesses dealing with large gathers and they would sufficiently greatly. >> airlines, travel, hotels, really any business that depends on getting people together in tight groups, either feeding them, flying them around or putting them in rooms and thinks like that. all of those companies, bars, restaurants, retail too, they're all really feeling this. reporter: powell says those sectors may have job losses that may not come back. he feels eventually we can get back to a full recovery. the fed chairman committed again to use all the tools in the shed to help the economy reach full employment. many of the 11 emergency facilities the fed announced are running. on monday the fed says the fed will start buying corporate bonds. listen to powell's response when

pressed by senators the recovery started and this seems like a corporate boost. >> market function improved really substantially. that is why you see very little demand. so far no demand at the primary market. weoriginally thought that was where demand would show up. it was out of an excess of caution to preserve these gains for market function by following through and i don't see us as wanting to run through the bond market like an elephant doing things and, you know, snuffing out price signals and things like that. we just, we want to be there if things turn bad in the economy. reporter: the federal reserve chairman saying they announced the corporate bond facility at the beginning of the pandemic. that they would continue and follow through and open it. on inflation quickly the federal reserve chairman says inflation is temporary but they will get back to 2% goal.

vice chairman richard clarida is making a speech where in fact the long run target range of 2% is now at risk it. could slip below that on the long run. it is the first time in the past three years that i have heard anyone from the fed say that the long run average could go below that 2% target. melissa? melissa: wow. edward, thank you for that. connell? connell: let's talk about all this now. our market panel today, liz peek, fox news.com columnist and gary kaltbaum joins us from kaltbaum capital management. both liz and gary fox news contributors. fresh off the report from the federal reserve we almost have to start with gary. i know he loves the free money train we've been on, right? interesting not only what will jay powell said about interest rates staying low for years which doesn't come as a surprise for everything we've been dealing with. what about what edward saying the vice chairman said we might fall below the 2% target on

inflation? your thoughts. >> my biggest problem all this talk they have real effect on the economy i just don't think they do. when you go from 1% down to 0% interest rates and mortgage rates hardly move that will not affect things. buying up bonds, someone has to look me in the face tell me how that helps the economy interfering with price and yield and people pay up for price to get lower yield after screwing savers with 0%. i'm sorry. i think they're overrated. i think what d.c. did with the ppp and unemployment, that was the good move. i think the fed, all they're doing is addressing the markets. they did it again out of yesterday out of nowhere because they saw the market down 2,000 points in couple days. connell: i don't know if your friend liz peek will look you in the face to make that type of statement but liz, i would like you to address what we saw in the data as jackie deangelis talked about retail sales. biggest jump ever.

i understand we're still below previrus levels but what do you make of this rebound so far for the economy? >> i think it really speaks to a lot of pent-up demand ad the fact that people are very, very eager to get their lives back to normal. what is interesting thing, connell, the economists were talking about half that amount of gains. we need to always remember in this period, i heard this from a lot of so-called experts, they have no idea what to expect. we have never been in this position before. and by the way, i think that also goes to the fed. i would disagree with gary a little bit because i think when the whole shutdown took place in march, you had tremendous seizing up in the credit markets, tremendous widening of spreads. that really hurt the confidence that was needed to borrow money, to put money to work in the markets. i do think that was helpful. the fed really sort of orchestrated that. connell: that's right. >> retail, it is just a great number. let's applaud it. connell: it was a great number

and that's it, you tell gary. well-done. melissa. >> you got me. melissa: return to work bonus, idaho will pay unemployed residents $1500 to go back to a full-time job. liz, i want to get your take on this because it is a lot of money t kind of assumes that those full-time jobs are out there and ready to be had. one way to look at might be that they were thinking about doing a stimulus anyway, why knot tie it going back to work? what are your thoughts? >> melissa, this is idaho overcoming the federal misstep of making unemployment pay. that is what we're talking about here. 30 one states, it is more lucrative to stay home an reap the windfall unemployment benefit of $600 a week plus regular benefits than it is to go back to work. so what is next? will the federal government try

to top the $1500? we'll give you $2500 to stay home to collect unemployment. this is insanity to me. let the markets work. we saw retail. spending is up. let's let the economy revive without all this tinkering. melissa: gary, what do you think? >> liz is once again 100% correct. look they gave too much incentive to stay home. idaho is doing it the right thing. maybe they will throw in some potatoes also but they're doing the right thing because they're incentivizing going back to work. it is first-come-first-serve. it will be up to 70,000 people. after that it's gone. basically they're hearing from businesses they can't get employees back because of how much they're making from sitting own the couch. i believe people want to go to work versus staying at home but if you're getting a lot of money to do nothing, that is disincentive. this is the right move. i think it will work.

melissa: all right. gary, liz, thank you. connell? connell: more to come, melissa on the race for a cure. local leaders grappling with how to safely reopen their economies. some states are seeing a spike in new cases. florida one of them, marking its highest one-day increase since the start of the pandemic. so where do we stand with the treatment for patients? we'll talk to one infectious disease expert about what researchers are calling a virus. plus a seismic shift in law enforcement. the nypd commissioner disbanding its anti-crime unit. we'll talk to a retired new york city police detective what the move could mean for businesses in the city. a league in jeopardy. why the major league baseball commissioner rob manfred is backtracking on the guarranty he made that there would be a 2020 baseball season. stick around. ♪

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of the executive order signing ceremony not rose garden earlier today. let me follow through real quick what this executive order on police reforming calls for. it calls for new credentialing process to update practices and has a ban on officers engaging in chokehold unless a officer's life is at risk. it calls for information sharing when it comes to use of force, that troubled police officers are not able to go from one department to the next and calls for more resources for coresponders such as sewing workers to address medical, psychological, homeless stints. incidents. he wants congress to take up additional measures but he won't support anything that takes funding from the police. >> we have to find common ground but i oppose the radical, and dangerous efforts to defend, dismantle and our police departments especially when we achieved the lowest crime rates in history.

reporter: top democratic senator chuck schumer, said the eo modest, not comprehensive. he calls for republicans to put on their plan and for debate to start immediately. >> the popular anger over long-simmering issues of police brutaly and racial justice has reached a tipping point. there is no reason to wait. there is no reason to delay. reporter: connell, i should mention we just got done speaking speaking with press secretary caylee mcenany on the north lawn. spoke with reporters. whether or not there is second wave going on right now with covid-19. the press secretary telling me she spoke with dr. birx yesterday and kayleigh mcenany says we're not in the place after second wave right now. that is the view currently here from the white house. connell. connell: all right. interesting, we haven't seen as much from dr. birx or dr. fauci

lately. so we hear it from kayleigh mcenany. melissa. melissa: disbanding the anticrime unit. the new york city police commissioner announcing elimination of the program, leaving 600 plain clothes officers to be reassigned. here to discuss it, oscar odom, retired nypd detective and first deputy sheriff commissioner. what do you make of that change? what is the material impact of people of new york will see? >> first of all i would like to thank the women and men of the nypd for the great job they're doing keeping our city safe. one of the things i'm hoping this is not knee-jerk decision or politically motivated and moreover it should be data-based, right? look at data, make sure it is evidence-based so we make sure we're looking at all the angles and not just a knee-jerk position and one of the reasons why we impact not only lives but businesses so that people can go out there and carry out their duty and make money for their

businesses and so people can walk around freely. that is one of the key things about the anti-crime unit. they're plain clothes. you don't need everybody going out there advertising they're police officers in a uniform because if you do, then that will warn the bad guys and they will stay away and look at it. if they look from the data, go ahead. melissa: well, i was just going to say in the past year if you look at the stats that were released by the nypd, murders are up 25%. burglary is up 47%. auto shafts are up 60% over the past year. so i'm wondering if these guys have been out there doing the plain clothes work, does it mean that is not working? and what is the idea of reassigning them to other duties? what does it do for you know, the businesses in this city since this is a business show, that are going to try and reopen after the smashed windows and everything else?

they're not going to try to reopen if they don't feel like they're not going to get robbed. so what does it mean for that? >> well i agree. one of the things when you look at data you have to also look at the policies that are holding officers back of certain duties they were doing before. also you have to look separately at the duty and also look at the data of the plain clothes anti-crime unit f you look at their data, you see their data is increasing, that they're making numerous arrests on robbery, burglary which impact the businesses. so if you look at the anti-crime data separately and there sin crease in activity and they're deterring crime because when you're anti-crime unit, you just can't be a anti-crime unit hang out not have no type of activity. you have to be proactive, you have to look at things, you have to follow pat earns. you have to look at assault patterns to go out there to produce f you're not producing in anti-crime unit you're out.

not the aren't at this crime unit they're looking at. they're looking at crimes today, they're just saying funds, cut this, do that, do that. it is knee-jerk and politically motivated has nothing to do with the actual numbers because if they looked at numbers of the anti-crime unit -- go ahead. melissa: sounds like what you're saying crime will get even worse because they're disbanding this unit. is there a place they could put them make the overall level of security in the city better? could they be redeployed in a way that could be helpful? >> well i think, it is possible. however, what i would say it would have to be a slow process t would have to be a transition process to explore other areas in which they thought that they could do it because, if you just remove them, then definitely it is going to be a disaster because you don't just totally abolish something because you think it is wrong. tough transition out of it. you also have to study it. it can't be politically motivated or knee-jerk.

you have to look at the data. the data is very important. melissa: okay. oscar, thank you, appreciate your time. cornell? connell: all right as restaurants in several states begin reopening at least for outdoor dining there is one town in new jersey that is being called a potential blueprint for what might happen in new york city. we'll tell you about that. an explosive new move from north korea. some experts warning it signals that there is more to come. ♪

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♪ melissa: restaurants in hoboken, new jersey, are getting creative in order to make the most out of their outdoor dining space. the blueprint could serve as inspiration for new york city when it enters phase two. finally. kristina partsinevelos is live in hoboken with the latest. kristina. reporter: phase two, that means the green light for outdoor dining. why this has become the norm hire in new jersey this is what

i learned from an owner. they are called parklets because they take over parking spots. this was just built today. this is becoming a norm. a industry so devastated by the lockdown and coronavirus. i spoke to one business owner how important it is to adapt to change. listen in. >> pretty devastating. we've been here for 23 years and it has been a struggle, especially these past three months. the restaurant industry is not easy. it is very difficult. reporter: he is talking about the pressure on the industry. according to new research the restaurant industry itself in the united states has lost $120 billion just within march, april, may alone. and out of all those people that filed the survey, there has been thousands of restaurant owners, 3% have already closed their doors for good. we unfortunately know it could be worse as government statistics come out in the coming months. overall though, we do have a lot

of creative solutions for these businesses. i want to show you one. i'm in front of the elise syian cafe. there is norm of pots everywhere, tables on sidewalks. people are used to having dodge through pedestrians and customers eating this shows how a lot of local governments are working with these restaurant owners to give them permits to block traffic, to block parking spaces and operate their business. like you mentioned, melissa, this could be a pilot for new york city, given that it is so close, hopefully though because the new york city mayor has alluded to early july for outdoor dining to begin. we hope healthy customers will return and they're enjoying the son weather permitted. melissa: i will take it, kristina. i'm happy to eat in the parking lot. connell. connell: idea of banning passengers not wearing face masks. major u.s. airlines including

american, delta, jetblue, southwest and united are pushing forward with tougher policies to help fight the virus and face coverings are certainly no exception to that. travelers who do not comply with the new rules could end up having their flying privileges suspended according to an industry group, airlines for america. the consequences they say will vary by airline. melissa. melissa: all right. potential coronavirus break through. researchers say they have found the first evidence that a drug can improve covid-19 survival. plus. at an impasse. major league baseball says why they're confident about the 2020 season. nathan's moving forward with the annual hot dog eating contest. it will take place in coney island without fans. it will feature five eaters in each group instead of usual 15 to insure social distancing.

organizers say the contest will be dedicated to raising funds for food banks and count as a platform for essential workers. we'll take it. in my line of work,

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filing the company says this gives us opportunity to reposition 24 hour fitness, eliminating debt or closing clubs out of date or in close proximity to other 24 hour fitness clubs. the bankruptcy filing allows it to secure $250 million in funding to reopen most of its locations, about 300 locations still reopening despite this bankruptcy filing this becomes the second gym to file for bumps during the pandemic. the pandemic seems to change how americans work out as you see in the video. they socially distance. the machines are getting cleaned a lot more often. if you go to your gym, the temperature might have to be taken before they let you in. you might also have to do an online reservation to reserve a spot so it doesn't get too crowded in the gym. many americans seem to be okay with the idea they might not go back to their regular gym. a lot more people during the stay at home orders are trying

at homeworkouts. that of course to the benefit of pell ton. that company closing flat. its sales increasing 66% in the most recent quarter and more people than ever are using the peloton apfor homeworkout. it could be here to stay. melissa. melissa: there you go. grady trimble, thank you. connell. connell: let's get to this evidence now of a possible life saving treatment. dexamethasone, which is a generic steroid, has become the first drug in a clinical trial to improve the survival of severely ill coronavirus patients. all this coming from oxford university researchers. joining us now to talk about it, a doctor from the university of alabama birmingham where he is school of medicine professor and infectious disease division director. thank you, doctor, for coming on. when people looked at the numbers, they saw this from

oxford. if people are on a ventilator they say the risk of death for these people with coronavirus went from 40% to 28% which, that sounds pretty good. your reaction to this news? >> well i think it is an important step forward and the reason is twofold. one, any improvement in survival is welcome news. they had a properly conducted study. it was randomized, meaning that they had them equally divided t was adequately powered. which means there were enough people in the study to say whatever findings they had were not likely a fluke. so, in other words, they had a 12% reduction in mortality in those who got the drug versus those who did not. and that means that you reduce death for one out of every eight patients who goes into the intensive care unit. connell: appears to help only those who have the most severe form i guess of covid-19, have breathing problems, not people who do not.

with that said, we, we're having this discussion about whether we're going through a second wave or there is a spike in cases whatever is happening. do you think we're set up better to work our way through the fall and the winter with this treatment, other methods and months?ve learned from the last >> well, i can say for ourselves right here in alabama we are definitely experiencing a surge in cases. it is pretty bad right now. hospitalizations are starting to go up. so, this gives us another treatment besides remdesivir and your point earlier about that study was just for people who had more advanced infection. what i would like to see the same drug used earlier in the course of infection. the reason for that is that we know that it is the immune system's response to the virus that causes most of the symptoms. so what that means is, by giving a drug like dexamethasone, which is a steroid, an immune

suppressant, perhaps giving it earlier would prevent the immune system from ravaging the body so much they end up on a ventilator. giving early may prevent that. that i'm sure will be the next study. connell: all right. let me go back to what you said at the beginning of that answer about your own state, alabama and we do see the numbers from that state and others beginning to go up. you said it is pretty bad. how would you quantify what pretty bad is? here in new york we know what very bad is. we went through that in march and april. what are you going through now? what's it like? >> we have had, back at end of april we had 180 new cases per day for the entire state. this past weekend we had over 1000 patients in one day. our numbers are up to 7 or 800 case as day on average. that is translating into hospitalizations, ultimately to icus where this drug might be used to work. the take home pointe here is that no one in alabama, when

new york was suffering so badly, very few people saw friends and neighbors getting sick. they started saying this is over. this will not affect us. memorial day, a lot of people out celebrating the memorial day weekend, not wearing masks, going into large groups. that is continuing even now. even though our cases are going up. i'm very worried for us in the next four to six weeks we're likely to see a significant increase, much like you saw in new york back in april. connell: as last point, you're worried that the hospital system might not be able to handle it? what is your biggest concern? >> it is the same concern you had in new york back in april if you think back, that hospitals were filling up. i know nyu, out of 625 beds, there were well over 580 all patients with covid. we're not there yet but the concern is we don't have the resources that new york has and we end up exhausting our

intensive care units. that happened in montgomery already. at uab we're holding steady but the numbers are creeping up so we're going to have to watch it very carefully. small rural hospitals though can get overwhelmed very quickly. we'll have to watch that as well. i'm very concerned. connell: all right. we'll stay in touch. we'll stay on top of this. hopefully some of these treatments we were talking about initially will help as well. dr. michael sagg at university of alabama at birmingham. thank you. melissa. melissa: a calculated attack. the latest provocation from north korea left one of its few diplomatic links to the south in flames i'm a performer. -always have been. -and always will be. never letting anything get in my way. not the doubts, distractions, or voice in my head. and certainly not arthritis. new voltaren provides powerful arthritis pain relief

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♪. connell: there is a "fox business alert" from norwegian cruise line just announcing a extension of the previously announced suspension of global crews voyages this includes all voyages embarking first of august and september 30th for all three of its cruise brands. the company also canceling select voyages through october of this year. norwegian saying it will continue to work with the cdc and with public health authorities to insure that the health, the safety and security of guests and crew. the stock after-hours down by

more than 8%. melissa. melissa: escalating tensions amid an already-rocky relationship. north korea blowing up joint liaison office used for talks with south korea. here now is bruce clinger, research fellow for the heritage foundation and former cia deputy chief for korea. thanks for joining us. what do you make of this move? >> part of increasingly vitriolic remarks by the north towards the south and increasingly negative comments about president trump. both of them are trying to push washington and seoul for more concessions an benefits and as well as burnish the hard-line credentials of north korean leader kim jong-un's sister who now seemingly is the bad cop engaging with south korea. melissa: yeah. blowing up this station in particular, quite a dramatic move. but south korea, you know, had often seemed to advocate on the

side of north korea with the u.s. almost seems like biting the hand that has been on your side? >> well the blowing up the liaison office, it was very provocative but it was symbolic. really north korea has been rejecting dialogue with both seoul and washington for the last year and that building hasn't been used since at least january. so it was, you know, very petulent, it was provocative but it really hasn't raised tensions by itself. that said, north korea has vowed to do other things. reoccupy guard posts along the dmz which had been vacated two years ago as part of an interkorean military agreement. and also some veiled threats about perhaps some actions along a disputed maritime boundary in the west sea. and then also some comments suggesting perhaps they're going to get back to provocations such as longer-range missile launches. they're really trying to push seoul and washington and south

korea has been really conciliatory towards the north. they're reacting or responding to north korea's demands. melissa: right. yeah. so where does that leave our relationship right now? this is one of the new stories that dominated our headlines that we've taken our eye off of because there is so much going on domestically, even to the extent we were playing a guessing game where was kim jong-un and was his sister now in charge? we largely taken our eye off this situation. where does it stand? >> well at the end of last year, north korea had said there was a deadline that the u.s. must respond or really abandon our policy and make it softer towards north korea. they threaten to unveil a strategic weapon. really nothing has happened until the beginning of the year until now. that may have been because of covid. they shut down the country a lot. kim jong-un perhaps had health problems which led to two extended absences. so now they may be coming back

to their usual game of provocation. although, you know, people are more concerned about what is going on in the near term, if it were a barroom fight right now, we're still at the hold me backstage rather than devolved to the hold my beer and watch me do something but north korea has also talked about the u.s. presidential election several times which is unusual. i think they see that, or they perceive that they have more leverage than they do in the u.s. election. they may feel that the president doesn't want any kind of provocations in the run-up to an election and therefore he would give them more benefits for more concessions such as relaxing sanctions in order to keep north korea from doing an icbm or a nuclear test. melissa: i wonder how much it impacts our relationship with them, that our relationship with china has deteriorated so much over this period of time. from the trade war to now, everything surrounding the coronavirus, how has that impacted this situation?

>> well they may see that they have some negotiating room in that if the u.s. and china are warring in different ways that gives them some running room in order to try to raise concerns through provocations. but they also need to be wary about going too far. the president has pretty much ignored a lot of violations of u.n. resolutions with 35 missile launches since the singapore summit, all of which were violations but he is articulated that icbm or nuke tests would be different. so if north korea crosses that line, we're back into unknown territory, perhaps back to the fire and fury rhetoric of 2017. melissa: bruce klingner, thank you so much. connell. connell: we have word today of the return of one of the biggest sporting events in new york, that governor andrew cuomo announcing the u.s. open will indeed be held this sumner

queens. no fans for the tennis tournament. he added there will be extraordinary precautions in place to protect the players and staff. that includes frequent testing, dedicated cleaning and housing and transportation. that is good news. not all good news in the sporting world, there are growing doubts now about the likelihood of any 2020 major league baseball season being held. that's next. e ♪ ...what's going on in corporate america and what investors are believing is going on in corporate america. the message to you: don't trade because you think you're gonna to get rich quick. because you... i see all the amazing things you have been doing. you are transforming business models, and virtualizing workforces overnight. because so much of that relies on financing, we have committed two billion dollars to relieve the pressure on your business. as you adapt and transform, we're here with the people, financing, and technology,

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♪ ♪ melissa: fox business alert, texaco announcing a more than $400 million initiative over five years to increase black representation at pepsico. connell. connell: how about a summer with no peanuts, no cracker jacks, no baseball? fans are starting to fear the worst as the commissioner, rob manfred, says he's not confident there will be a 2020 season at all. we're joined by fox news

headlines 24/7 jared max. i know things were tough, a few days ago the argument was about how long the season would be, and and now the no season option is apparently on the table. what's going on here? >> good afternoon, connell. i think the no season option has been on the table all along. my impression when i saw commissioner rob man fellowed on tv last night was he was essentially turning this into a public negotiation. he wanted to get a certain message out there. there's going to be need for the owners to garner support from the fans, and maybe they try to make the players look like the bad guys and saying this is about money. but truthfully, connell, i think in any other year we don't have a labor dispute. let's not forget major league baseball has had more disputes than anyone, eight of them, but only three of them have actual work stoppages. so let's wait and see until we

know whether or not their going to -- they're going to get on the field. the bottom line is this, coronavirus is the commissioner of sports right now. what players may need to do or give, but the truth is whether or not they get 100% of prorated play, they still have to may at a time when a lot of athletes are concerned about risking their health and the health of their families. we're not talking about actually starting games, and we have several players who have just tested positive also for covid-19, you have it happening with some nfl players as well, so this concern is very real. connell: yeah, you know, it's interesting to look at also from a business perspective which we obviously do and try to put yourself in the shoes of the owners, because to me, they have to make a decision here which is on one hand you could give in to the players, say hypothetically, and in the short term you're probably going to take an even

smaller financial hit, but i wonder if the long-term damage to your brand is greater than people just take it out against you, say, boy, i remember what you guys did back in 2020 when there was no season, and we were really looking forward to sports coming back. >> connell, think about it, you and i have probably sat through several work stoppages in sports, and we come back because we want to watch the game. so i don't think there's going to be a lingering hatred maybe from fans, that would be a little harsh on one side or the other whether it be for the players or the union. everybody needs to ask themselves this: am i comfortable going into a stadium right now? if would i be comfortable if i had to play a contact sport? we're seeing golf right now, great, guys don't have to be too close. tennis may be on the way back, nascar as well where folks are in vehicles, but what's it going to be in a face to face matter. i pointed out it's this horrible

virus which is kind of dictating everything that we do right now. i would love to see major league baseball be able to start up, the nba be able to play this whole tournament in orlando, but whether or not it happens, time will tell. i just hope it -- i wonder, connell, if we're getting a carrot that's been dangled in front of us because hope is so important, optimism is important, we need something to hope for. i just don't know if it happens. and the money, again, i don't think it's necessarily about pay, but they won't take anything less than 100% of their prorated pay. they agreed to that in march. congress -- connell: it does seem like they're figuring it out over in europe. there's a lot of contact in the premier league in germany and they're all playing, no fans, but they're playing again, right? >> yeah. no, you know, you bring up a really good point. but,com, haven't we -- connell, haven't we also seen stories of communities where there's

reopenings and then stuff has to get shut down again because there has been contraction of the virus where it goes on. look, if we could get through, this that would be amazing. the pga tour said there were 487 tests last weekend and 487 negatives. that's a big positive for all of us. it's a big business, major league baseball, that's why it excepts the antitrust exemption because it's primarily a sport, not a business. tough to remember that now. but turner sports just signed a record deal with major league baseball. there's a lot of money there and a reason why there have been more work stoppages, because the players think they're getting hosed by the owners. connell: boy, it's going to be interesting to see how this plays occupant. as a fan, we want to see it because we want to see lye sports. jared, always good to see you. you hear him on the radio on fox news headlines 24/7 which is channel 115 on your siriusxm. thank you, everybody, for

joining us. melissa and i will see you back here at the same time tomorrow. see if this market rally continues, up another 500 plus points here on the dow jones industrial average today. all right, that does it for us, "lou dobbs tonight" starts right now. ♪ ♪ lou: good evening, everybody. tonight we begin with a mystery, a mystery meeting between secretary of state mike pompeo and a senior member of the chinese communist party to be held at hick couple air force base in honolulu, hawaii. is mystery meeting, ostensibly sought by the chinese, comes after months of an aggressive chinese communist disinformation campaign against the united states. after the chinese government had unleashed the deadly china virus on an unsuspecting world and resulting in the infection of more than 2 million americans and the deaths of more than 100,00