i recommend investors looking at dislocated stocks. [closing bell rings] liz: okay. good stuff. dave. that will do it for the "claman countdown." it's a win. 20th all-time record for 2020 for the nasdaq. >> ace new record on wall street. stocks liming as optimism about the recovery and stimulus hopes offset a rising number of virus cases. tech leading the major averages higher, driving the nasdaq to its 20th record close of the year. i'm melissa francis. welcome to "after the bell." connell: i'm connell mcshane as our coverage of the road to reopening continues today. we're on the upper west side of manhattan for new york city. for many of you watching us from other parts of the country, today's move to phase two of reopening here in new york may seem like no big deal but i can tell you it's a very big deal in this city, once the epicenter of

the coronavirus crisis. restaurants like the one we're in are open for outdoor dining today. some of the retailers are allowing people to come in to their stores and the playgrounds are open once again for children. so it's progress. still there are challenges. will people feel comfortable coming back out into the world after three months of lockdown? and will others who have left this city completely moved away, now think about returning? we're going to cover it all, all angles from here, once the hottest of the hot spots. while we take a close look at other parts of the country that continue to report concerning spikes in virus cases. all that coming up. we start you off with phil keating in miami. that is one of the areas the experts are worried about. phil has the latest on the virus for us. phil. reporter: hey, connell a another record breaking week for the state of florida as far as new coronavirus cases go. 4,000 for the first time a record high hit on saturday. then today, at 11:00 a.m.,

florida now surpasses 100,000 total cases since all of this began. testing is increasing but that is not the only explanation. however alarm over the surging numbers spurred a rare weekend press conference bit governor, aiming to ease worries that florida is many about the next coronavirus epicenter. >> the vast majority of the cases that we're seeing right now in the state of florida are with people who are presenting without any symptoms. we're now three months into this. i think there is a lot of fatigue in terms of some of the social distancing. reporter: miami's mayor blames young people at restaurants and bars not practicing proper distancing. nationally spiking numbers continue to be throughout the south and the west. 22 states reporting significantly rising covid cases over the weekend, some setting all-time highs, including oklahoma which saw a record number of cases last week and president's trump rally last night where social distancing

was near zero and masks wearing minimal. now state health officials are urging all of those people in the arena, go get tested. out west, california seeing its own surge. this weekend was the first, just as in arizona where face coverings are now mandated. here is another look at florida, the trend at least where covid cases shot up in april. then flattened and dropped. and is now back to spiking seriously in new covid cases. today in new york as connell mentioned phase two, day one of reopening for outdoor restaurant dining and retail. hundreds of thousand of people can return to offices. also in florida the state saw its very first teenager succumb fatally to cove individual 19, a 17-year-old boy from north of tampa. connell. connell: phil, thank you. melissa: as the economy continues to reopen across the u.s. many people are leaving behind their urban dwellings and

heading for the suburbs. this according to a new op-ed from "the wall street journal" editorial board. joining us, charlie hurt, "wall street journal" contributor and "washington times" editor. i want to call some of the numbers here. we've been reporting quite a bit. we've seen this surge out to the suburbs really bump upwards and if you look at the zip codes that are considered vacations, so naples and long island, they have seen a 30, to 40% jump in sales in this four-week period versus last year where the cities have seen quite the opposite. what do you make of this exodus? >> well, if you think about it, melissa, it kind of makes sense. it has been sort of the perfect storm for that kind of thing to happen. you know, obviously with the pandemic, social distancing is a lot easier. when you have a little more space than you have there in in

in manhattan. when you see what is going on in the streets these days, which is absolutely terrifying t has to be terrifying for people especially in families that live in big cities. it makes perfect sense when you get out of those cities, ion farther beyond the suburbs, when you get into, you know, more rural states like south carolina or virginia or north carolina, i think you are going to see a lot of real estate moving in places like that as well. melissa: yeah. one thing that's different versus the last recession, so you look at, you know, the financial crisis and in 2010 we saw that urban areas grew at 18% versus the suburbs. what "wall street journal" is saying a lot of young people who then afterwards the economy was starting to rebound but was still hurting they moved to cities like san francisco and new york in order to find jobs. now exactly the opposite is happening. the suburbs right now are growing even with young people

at twice the rate of the cities as we see this recession maybe bottoming and rebound. we hope. we don't know for sure that is going on. now suburbs are growing twice the rate. are people finding jobs there? or are they finding refuge? >> what i think, they're just finding refuge is the main thing. of course no matter what everybody tells you, security is the number one thing for families but the other thing going on here, much like we saw after 9/11, you're seeing this, this influx of technologies that allows people to telecommute, to work over the internet tubes. assuming that you have goodies minute, you can sit at home, you can do that kind of thing, turns out it is very, very effective. it is very cost effective. it is funny this should come up. i would imagine we would see a lot of companies sort of move in that direction. i have always believed as

someone who covered washington for 20 years, i would love to see the federal government take a page out of the playbook of private companies and figure out how to move some of these behemoth agencies in washington and move them to nebraska, move them to north dakota. bring jobs and population with them t would be, it would be a win-win. and it would also insure that people who aren't sort of infected with potomac fever and you know, people outside of the swamp are actually working with the federal government which would be a very good thing. melissa: that is a fascinating idea and i haven't thought of it that way before in terms of the government. i thought about in other companies, but if you spread it out, you would get a totally different type of worker and it might change the way our bureaucracy works that is fascinating. charlie, is there any way these big cities aren't screwed to say

it in blunt terms? new york city will have no money. this government cars already, the state of new york, $7 billion behind the eight ball this year before the coronavirus. now they're about 15 billion. people are fleeing. they will not get tax revenue from sales tax, property tax, income tax. all the big cities, l.a. looks like that. chicago looks like that as people leave? is there any way out for them other than, i guess going bankrupt and having to bring in mayors and fiscal conservators who are better with money and smarter about taxation, all that kind of stuff? >> it's, there is no doubt it will be ugly, i think for a lot of those big cities and the more urban states. the other thing though, obviously putting aside all these macro problems you have, when i look at the sort of micro problems, how people get along with one another, it is kind of amazing. in the town like i'm from, town

of 1200 people where people have grown tobacco since the beginning of the country, you kind of have to learn to get along with one another. people around here, they look at images on television of people burning storefronts and smashing windows and torching police cars, people around here, they can't comprehend it. and one of the reasons is because if you live in a smaller town if you live in some of these suburban places you have to learn to get along, like, it is like living in a big family. you may not want to get along but you don't have a choice. so you kind of learn to get along. you learn toe work with one another. all of that begins to look more and more appealing if you're, in this current environments. melissa: you said really two fascinating points i haven't hurt before on this topic. thank you for coming on sharing your wisdom. you give us a lot to think

about. connell, over to you. connell: melissa, this idea of a suburban surge we're talking about, urging city landlords to entice new renters. that is something lauren simonetti has for us. also wrap-up of the market day on another record-setting day, lauren. lauren: we'll start there and talk about the your free peloton bike, connell. dow closing 153 points to the upside. nasdaq, number 20 record closes in the year, in 2020, all-time high gaining 110 points. apple and microsoft led the dow. they finished record territory, joined by facebook, netflix as well as amazon. it was not all good news. take a look here. look at sales of previously-owned homes they tumbled 9.7% last month and 26.6% on an annual basis this is may data. it largely reflects purchases made in march and april which was hat the height of the lockdown. that is what many analysts call

this report the bottom of the market. they are predicting in fact they're seeing a sharp reef bound, especially as the pandemic and also the protests everything melissa and charlie were talking about have made city living unpopular for some. that's why we're seeing landlords designing gel perks like free three months rent and free pell low tons. rents have campus down in three cities. san francisco dropped three to 9% since last year depending on the size of the apartment. new york city rents are down one to 3%. as rents drop in big cities they go up in the surrounding suburbs. liver more, california, bet you haven't heard about that, 30 miles south of san francisco. they have seen rents rise by 10%. bottom line there is a difference in a what people want from their home and where they think they will find it best. connell. connell: the question is that a

temporary shift or kind of a more permanent shift? i guess we'll see. lauren, thank you. melissa? melissa: kicking off the first-ever all online worldwide developers conference, apple is unleashing a slew of updates including some major break-up with a fellow tech titan. our own susan li is live in the newsroom with the details on this susan. susan: melissa, first all virtual event in the 30 year history of the worldwide developers conference. apple ended with their biggest announcement yet. listen. >> and now it's time for a huge leap forward for the mac because today is the day we're announcing that the mac is transitioning, to our own apple silicat. susan: new chips in the 2021

mac. that is break up of 15 years of intel supplying chips. that is over. they have only three chip suppliers over the last 30 years. there are lots of other exciting announcements. for instance, the new apple ios operating system, ios-14. a lot of cool features. picture in picture. emojis with masks. widget organization in the app library, so the home screen looks a lot of smarter. car key function. you can send it via i message to somebody. how cool is that. what about the apple watch os-7 debuted with a lot of new health functions. the new sleep tracker everyone is anticipating. fitness app everyone is debuting. airpods and came with facial sound and great surround sound. more privacy on the mac-os as well. if you think about it, if apple can make chips in the future for macs, they can also make chips

as well in the future for their iphones, their ipads, yes even their apple watches. i guess the tech valley is little bit concerned about what apple can do next. guys? melissa: absolutely. all right, susan, thank you. connell? connell: good stuff. as we continue here our coverage of new york city's road to reopening this hour thousands of restaurants fighting to bounce back. as many as 300,000 new yorkers could be returning to work during phase two which we are now in. we're talk to the owner of this restaurant about a path forward for his business and how he is expanding on his effort to feed more than just people on the front line. the terrific program that started here. we'll tell you about that. consumers certainly ready for return to normalcy, still voicing some concerns. what people had to say on the ground about supporting small businesses and adapting to a new work culture. we're all trying to figure it out. stick around. we'll be right back (music)

(vo) at audi, we design cars that exhilarate with versatility,

whether on the track, or the everyday drive. today, that philosophy extends to how we connect with you. we call it, audi at your door. whether a remote test drive, shopping, trade-in, or even service pickup, audi at your door can do this and more at participating dealers. the premium audi dealership experience, on your terms. audi at your door.

they get that no two people are alike and customize your car insurance so you only pay for what you need. what do you think? i don't see it. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

♪. connell: on the road to reopening. we're back here on the upper west side of manhattan today. vino is one of about 5000 city restaurants that are opening up today for outdoor dining, the first time we've seen it since the city was locked down back in march and during that lockdown

this restaurant became known for leading feed the front lines nyc, a program first set up to feed thousands of front line hospital workers. the owner of the restaurant joins us right now. the lewk -- thanks for letting us set up in your restaurant. you were on with melissa speaking about that terrific program. today is a big day. how are things going, outdoor dining? funny to say that is a big thing but it's back? >> we're excited to be able to reopen. we reopened a three of our restaurants, very excited. the weekend was mad scramble to get organized to file permits with the city. connell: how did that go. >> it took us a little bit of time but self-certification. it was not so bad. connell: so you got through. i heard some complaints i guess always to be the case when they try to do something as quickly.

what are you allowed to do? you have the tables set up here. it was crowded earlier people in and out throughout the day. what are you allowed to do through the summer? >> we can, tables need to be six feet apart. the big news is we can expand our sidewalk cafe to around the corner. we actually will be allowed to expand on the parking space in front of our restaurant. i'm very excited for the event to move so we can have a few more tables. connell: okay. our van just parked there, but you can put a table there? >> yes. once that van moves. we'll reclaim or claim that piece of -- connell: isn't there a two-hour-parking limit around here? >> there must be. connell: we must get that guy moving around. >> he has been there all day. connell: that is the new type of thing we're trying to at just to. you were talking earlier in the show about the changes the city has gone through.

what do you think? i heard people coming in, talking to some of your workers today, i just got back from upstate new york and i moved away. what will happen here in new york city? people coming back, people staying away for a while, what sense do you get from people you talk to? >> during the pandemic, 70% of our customers were gone from the city. some people are trickling back in. i don't see that many. i personally do not expect to come back to some semblance of nor mali until september. connell: okay. >> in this location. in other locations -- connell: just so we're clear, you have five new york restaurants, right? >> yes. connell: go ahead. they're all a little bit different? >> all different, all different neighborhoods. the ones in business districts are going to have a very tough time reopening because offices are not back even though today is supposed to be reopening. not much movement. connell: even here residentially, some of people left the city, whether they're

up state or in the hamptons wherever they may be is that permanent or do eventually people come back and new york city comes back? >> i believe nothing is going to happen until labor day. connell: okay. >> after labor day i hope people come back, schools start reopening i hope. then we'll see some semblance of normalcy. right now we are about, today, i just did the numbers, we are about 60% down versus last year same day, first eight hours. connell: is that a little better you were doing on take-out? >> we were, yeah, it was better. we were down about 80%. connell: you were down 80%. now you're down 60? >> yeah. connell: shows you it's a slow crawl back, right? >> yeah. connell: i want a minute to talk about front lines nyc. you were on our show a while back talking about that. it is a fascinating program how it got started was a friend of yours wanted to help out? >> yeah. we had to close, remain open for take out delivery, a friend of

mind said i want to help you out, can you deliver food to an emergency room in new york, you pick. i said we can do nyu. my friend found a contact at nyu. we delivered 40 meals. i will never forget this, march 19th. since then we have delivered about 120,000 meals. connell: wow. >> and most of them have gone to nurses and doctors on the front lines. connell: are you going to try to keep it going even beyond that? >> well we are keeping it going. we're going, we are now moving our efforts to people in need. connell: like shelters and such? >> we have, people that live in supportive housing, shelters and they are not able to get to, get their food into the city venues. connell: right. >> so we are bringing them food and thanks to generosity of some great foundations and regular people we're trying to talk to the city because we do believe that the city can get a lot of

help from the restaurants who are better engaged in their community. we can go out and help people in need. connell: on a wide basis, right? sometimes the silver lining, this might be one of them comes out of a terrible situation. good luck with that. thanks for having us in. we hope you keep coming back. >> thank you so much. connell: on the upper westside here of manhattan, one of five restaurants, melissa, as you know that luca owns. as you know they're crawling back. 60% down. they were 80% down. back over to you. melissa: i cannot wait to go eat there, but there will be even less parking. that van leaves. you put a table there. bikes whiz by. there is a bike lane between the van and restaurant? are we taken out by the bikers. i'm not sure this will work. thanks. small businesses could receive a second loan through the payroll

protection program under a new proposal. we're live from washington with the state of play on that next. watch out for the bikers connell. plus as salons and barbershops reopen across the country, one new trend is changing business as usual. ♪. ♪ ♪

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, ready to help.

we're here with the people, financing, and technology, ♪ (announcer) reliability is everything. so, if your network's down, you're down. verizon knows your customers need to reach you seamlessly. your team needs to work from different places across many devices. plus, you want the security trusted by some of the largest companies in the world. and that's why you trust us. the most reliable network in america.

♪ >> a new bill could soon make it possible for small businesses to get a second loan under the paycheck protection program. hillary vaughn is live in washington with the latest on this hillary. reporter: melissa, there is still $128 billion left in the paycheck protection program. the deadline to apply to get some of that money is at the end of the month on june 30th but senate democrats are coming up with a way to spend the left over cash at the end of the month, rolling out a plan that would let small businesses that are at risk of closing their doors to double-dip into the program and take a second ppp loan out.

senator ben cardin, who introduced this proposal told his constituents last week they're working to extend the deadline to apply for the program but businesses should not wait on congress to act. >> the next time congress has an opportunity to act on on the ppp program will be after june 30th. doesn't mean we won't do something about that date. melissa: under the new bill. are here is what can qualify for a second pp loan under the plan. businesses that used up all the ppp money or on track to do so. they have to have lost 50% of their revenue due to covid-19. publicly-traded companies would not eligible to apply for this money. 20% of the funds left over would be set aside specifically for businesses with 10 employees or less. on friday the treasury department made who is receiving this ppp money much more transparent by making it public. the business name, address, business type, the number of jobs supported and the loan

amount posted online while businesses are weighing the risks still of reopening. leader mcconnell said over the weekend he will guarranty if there is a next coronavirus package, liability protection for businesses will be a part of it. >> we're not going to have an epidemic of lawsuits coming on the heels of health care pandemic that we're already experiencing. so i guarranty you, that if we pass a bill that will be in there for sure. and so keep your eye on july. reporter: melissa, there is bipartisan support for filling back up the ppp program. i talked with a spokesperson for senator marco rubio. he is the chairman of the small business committee. they tell me they want to add more money in the program to build off the success but where that money goes is up in the air. melissa. melissa: interesting stuff, hillary. thank you. connell? connell: all right. melissa, our coverage of new york city phase two reopening will continue in a moment. earlier today we hit the streets to see how people, real people,

feel about returning to the office or their favorite restaurant, whatever the case may be. so we'll have that for you. then some politics, presumptive democratic nominee joe biden and the dnc recording their biggest monthly fund-raising haul of the 2020 race. we'll take a look what that could mean for president trump's re-election chances. carnival cruise line today is confirming it is extending the sailing pause through september 30th as it assesses health protocols adding guests have the option to receive cruise credits at a premium or just get a full refund. ♪ ♪ ♪ yeah ♪ ♪ y-yeah ♪ ♪ yeah ♪ hey, hey

guys! guys! safe drivers save 40%!!! safe drivers save 40%! safe drivers save 40%!!!

that's safe drivers save 40%. it is, that's safe drivers save 40%. - he's right there. - it's him! safe drivers do save 40%. click or call for a quote today. >> loving it, very happy. this is my home away from home. i'm a regular. >> took a while, right? >> took felt like years. three months maybe. felt like 30 years. i'm very happy. connell: some people are worried, or cautious. >> i'm 70 years old. i've been through a lot of stuff. i'm going to roll the dice on this one. >> my first time out since monday is opening of many stores that i was just passing by being able to go in. connell: yeah. how do you feel about it? are you nervous, excited? >> i feel good about it. i feel sorry for the restaurants because they can't do much outside. it is hot. what if it rains. connell: the next phase they can

only up 50% inside. >> i know. connell: will you go out to eat? >> i'm concerned about the air circulating. so i want to. i'm regular eater outer. connell: we're in the next phase. you're out and about, which tells me something. you're ready to go. how do you feel about all this? >> i'm optimistic about it. i've been working from home but our office will be opening on july 6th and we'll get back to some, you know, normal routine back in the office. connell: numbers have improved obviously but then you look around at some other states and doesn't seem like the virus is gone yet. does that worry you when you see some of the spike as states start to reopen? >> absolutely it's a concern because it is not over. we're doing very well in new york state, new york city, but it is definitely not, you know, time to go back to normal.

connell: so -- it is a pretty good cross-section i think, melissa, from the people we were talking to earlier today here in new york. you know, this and the first guy, not a care in the world. many people are like that. could not wait to get, calling people in his apartment building, get out here, join me for a cup of coffee. the last man we spoke to, one example, he wasn't pessimistic by any means. he actually said i'm optimistic yet at the same time he started talking well, i'm a little worried. i have a long commute from manhattan to brooklyn. i'm worried about i taking the subway. he saw spikes in other states. the mix, it is all so personal for people after everything we've been through. melissa: we were in the group that charged out into the streets. immediately went out to eat. when we were out there we saw basically everybody we've ever known. i mean it was so funny. you couldn't walk down the street without stopping to talk

to every table, because everybody was out on the street eating. that said, it has gotten a lot hotter in the last couple days. it will be 90 degrees this week. while we were dying for someone to serve fused on a plate, make as you drink and for me not to do the dishes afterwards, you wonder as time goes on, it continues to be so hot, are people willing to eat out in the traffic, in the parking space, dodging the bicycle riders we keep seeing go behind you. connell: right. melissa: you know, really go out and it would make more sense to let people go inside if they feel comfortable, if they wear a mask, whatever it is. connell: right. i tell you a couple things. when you said that it reminded me that of that lady we were speaking with. that is exactly the conversation we had. she said, boy it is too hot today. it is almost 90 degrees. i want to get inside but she is worried about the air. what luca brought up a few minutes ago, key point for new york or some other cities we'll get a better sense at the

end. summer. people who moved away, even if they come back they stay away from for the rest of the summer, after labor day we get a sense what is going on when people come back and what is the confidence level. melissa: right. do they come back to bring their kids back to school. you're right about that. anybody that comes to new york, one of the most delicious italian restaurants in the city. vino, i love that place. so jealous. get me some pasta, connell. meantime beauty and wellness at your doorstep. how barbershops and hair salons are pivoting business amid the pandemic and what it could mean for consumers going forward

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 to help me keep moving. and it can help you too. feel the joy of movement with voltaren. feel the joy of movement we do things differently and aother money managers, don't understand why. because our way works great for us! but not for your clients. that's why we're a fiduciary, obligated to put clients first. so, what do you provide?

cookie cutter portfolios? nope. we tailor portfolios to our client's needs. but you do sell investments that earn you high commissions, right? we don't have those. so, what's in it for you? our fees are structured so we do better when our clients do better. at fisher investments we're clearly different. yeah. this moving thing never gets any easier. well, xfinity makes moving super easy. i can transfer my internet and tv service in about a minute. wow, that is easy. almost as easy as having those guys help you move. we are those guys. that's you? the truck adds 10 pounds. in the arms. -okay... transfer your service online in a few easy steps. now that's simple, easy, awesome. transfer your service in minutes, making moving with xfinity a breeze. visit xfinity.com/moving today.

♪ melissa: making the cut barbershops and beauty salons are opening up across the nation. stylists are taking it direct to the consumer. i've seen some of this myself. grady trimble is live in illinois. grady. reporter: looks like a regular salon. they have barbershop chairs. they have the sinks built into the counterhere. but we're actually in someone's front yard right now. so you could have this trailer come straight to you and they do all this full service at a

normal salon would. but they can take it on the road. they used to do a lot of corporate events, festivals, things of that nature, but big crowds are not allowed anymore. they're going to customers individually. people who don't really want to go outside to be exposed to a bunch of strangers at a normal barbershop. they can come to this thing. it is actually taking off. i got my haircut earlier. listen what the owner said about the new customer. >> we've seen 400% increase on our website. the majority has been coming from individuals and families wanting us to come out to their homes. reporter: they like the convenience of it of course, but they also like the fact they will not be surrounded by a bunch people they don't know. >> absolutely. since everything is appointment based, they can make an appointment for the children, the family, and everybody gets their services done together. reporter: she's gone. she took off, melissa. this is where trailer used to be. i guess she is on to the next customer.

if i say so myself i thought they did a fine job with their haircut. we appreciate chop chop mobile salon for inviting us in today. melissa. melissa: grady i was thinking exactly that. your fair looks fantastic. i was thinking maybe you did the story to get a haircut. i don't blame you for that. very smart on your part. she obviously is very busy. she had to race off. love it. grady, thank you. connell. connell: almost as bad as doing a show in a restaurant to have lunch. good job out of grady trimble. a big day as we've been saying for the big apple. businesses are gearing up to try to return to normal in some way, shape or form. well today is a celebration for some of them. outdoor dining is allowed again. others are focused on what they think will be a long road ahead. take a listen. >> i'm just hoping for the best right now. i'm hoping that we will see the customers come back, you know. that is my greatest fear right you no. i think they will.

i want to make sure it gets sustained over, over the course of the summer right now. i think once september comes i think we'll be a better shape. connell: yeah. we see stories all the time with other states, we're in better position of numbers, that states are spiking higher. do you think that gets people's head as they think about getting out? >> i always felt beginning of all this the stigma what is happening, the social separation would be one of the biggest problems when we would reopen, you know. outdoors and especially then indoors. outdoors i think it is, people feel a little bit more comfortable sitting outside than they do inside. we'll see in a few weeks when we're allowed to do the inside and how we can take the proper precautions for our customers to feel as comfortable as they can. connell: brings up a question how you make money. even then you're only 50% capacity. how do you figure out the

financials? >> a wing and a prayer right now but you know, we're doing our best. i'm trying to keep as many employees as i can employed. i'm obviously in the stages of trying to find the front of the house staff. connell: did you bring people back for this today? >> i brought a couple people back. i want to see what type of reaction we got. i feel the first few days will be okay. we'll get better reaction with the brunch weekend. connell: how hard was it to get the permits? out in the street people pretty much eat normally where they ride their bikes or interact with the bike riders? >> i will add more cones today and more cones and signs. this is a concern. but i looked on the new york city site, when, for the opening restaurants. they said that this was allowed. connell: so he has the advantage. that is the diner a few blocks

up on columbus avenue here in new york. has advantage of not having white vans of our friend. so he can set up. this is the regulations everybody is dealing with in the new normal. back over to you. >> amazing. i love that place too. thank you. 2020 money race and the real story behind the numbers. presumptive democratic nominee joe biden outraising president trump with $80.8 million in may. while the president's campaign brought in nearly as much, $74 million over the same period. there is a bit more to the headline though than what you've been hearing all day. dan henninger from "the wall street journal" is a fox news contributor and he joins us now. this is what i wanted to put out. may was the first month that biden was able to raise money in tandem with the dnc, which means that individuals are allowed to give more than $620,000 for the first time. president trump got that bump a while ago when he combined with

the rnc. so we did expect to see this, to be one of the joe biden's very strong months but still it's a lot of money. what do you make of the money race, dan? >> well, melissa i think, what i make of it is that, i would not go so far as this indicates a burst of enthusiasm for joe biden by any means. joe biden is a weak candidate but i think what it does suggest a real burst of enthusiasm out there among the democratic party broadly defined. there was always a question after the primary whether the progressives were going to come home to people that supported bernie sanders and war war in elizabeth warren in the primaries and would they be disaffected of nomination of a moderate like. >> biden. i think that has changed in the last four weeks with the protest and energy progressive movement derived from that. i think they're pouring more

donations into the biden campaign and they are primarily a vote and a contribution against donald trump, not necessarily for joe biden. but they think they have got the wind at their backs now. melissa: well, speaking of those individual donors, ahead of the new york primary which is tomorrow alexandria ocasio-cortez is going all-out in her re-election campaign. she spent $6.3 million through june 3rd. it puts her sixth overall among candidates in terms of spending. a few more stats. this is according to "the hill." she has nearly 40 staffers on her campaign. 30 have been hired since 2020. that is a size that is more in line with a very top tier senate candidate, not house candidate. so she has a huge group. she has a, she was magnet for small donors. $10.5 million, 80% of which came from donors giving under $200.

she is spending a lot. she is raising a lot. she is hiring a lot of people. is that because she is being challenged by the likes of michelle caruso-cabrera, being primaried tomorrow, or is that plans for the future? >> i think michelle caruso-cabrera is terrific. she probably won't win. she is serious opposition for aoc. alexandria ocasio-cortez is playing i think for larger stakes. this is suggested she wants to challenge perhaps chuck schumer two years from now. she has in the past challenged nancy pelosi's leadership. anything's possible, if they take control of the senate and the house. you have to understand that aoc is all about challenging the democratic establishment. that means running candidates as she has in democratic primaries, running progressive candidates. i think she sees herself as part of a revolution. and also seen recently, that the institutional democratic

leadership will cave under progressive pressure. and so she is going to press this idea as far and as hard as she can. she is the social media phenomenon, sort of like a an influencer capable of raising enormous amounts of money and that fund-raising frightens other democratic politicians. she is playing for large stakes and she thinks their moment has arrived. she is right. their moment has arrived. they're playing for all the marbles in this election, melissa. melissa: yeah. it will be interesting to see if the small donors follow her if they want joe biden to win because they hate president trump or want joe biden to lose because they want the democratic party to realize they have to move to the left if they ever win again. only time will tell. dan henninger, thanks for coming

on. >> good to talk to you, melissa is. >> x will not be the only -- melissa: spacex will not be the only private company to bring astronauts to the international space station. space tourism company virgin says it will have a pilot readiness program to identify candidates interested in purchasing private missions. adding it will arrange their transportation to the space mission and assist them while they're in orbit. wow. we'll be right back. ♪

♪ (announcer) reliability is everything. so, if your network's down, you're down. verizon knows your customers need to reach you seamlessly. your team needs to work from different places across many devices. plus, you want the security trusted by some of the largest companies in the world. and that's why you trust us. the most reliable network in america.

♪ ♪ >> i'm excited. i have to say. my kids consider irresponsible excitement, but i'm excited. they worry that i'm putting myself at risk. i've been very careful. but they to worry about it. they just lost their father. connell: a lot of people left

the city. you grew up here, you're coming back to the i city. what do you think the future holds for new york? >> the city come back, it always does. i mean, i'm not going to desert the city just because it's in a bad moment. connell: so that is an interesting way to end our coverage, melissa. it bucks the trend of what we were talking about earlier with the suburban surge. you grew up in manhattan, new york city, moved out for years, and now she's back. she thinks the city will bounce back, because it always does. we'll see. melissa: interesting stuff. a lot of people were returning to the city after their kids had grown up, that was a big trend. we'll see if that goes away or if we recover. connell: yeah. i know. that's exactly it, she says she loves her husband x she's coming back to the place that she grew up. but there are a lot of open questions, and we'll continue to cover 'em from all angles. thank you for joining us here today as we continue to cover the road to reopening across the

country. we will see you back here at the same time tomorrow, 4 p.m. eastern time, see if the market can keep up its winning ways. again, thanks for joining us s and we'll see you tomorrow. it's "lou dobbs tonight "that starts right now. ♪ ♪ lou: good evening, everybody. we begin with a major development, a development that is aimed directly at the devastating impact of the china virus pandemic on american working men and women and their families. citing that pandemic and the national crisis that has resulted, president trump is expected to sign an executive order suspending hundreds of thousands of foreign work visas for employees and applicants, effectively freezing foreign workers from entering the country until the end of this year. president trump is obviously deeply concerned by the 45 million americans who have had to apply for unemployment benefits as