right after world war ii, back then, 1945 there were only 51 countries. now it is 193. check the markets real fast. we're in the red pretty much across the board. the real action today is in bitcoin. show me that right now. you're at 31 seven. it has come back a little bit. that is still less than half the price of its high six weeks ago. time's up for me. neil, it's yours. neil: stuart, thank you very, very much for that. we're focusing on the bitcoin fall i don't have, i want to thank my colleagues and friends david asman, cheryl casone filling in my absence, with graduation demands. very happy to be with you here. couple things with bitcoin, oddly enough it is getting shellacked on notions that maybe it is traceable after all. the government has already been able to retrieve millions of dollars from the colonial pipeline hackers. that is good news, right?

you want to make sure you get money from the bad guys, right. part of the allure of bitcoin is this notion that it is not traceable. that it's a cleaner, more efficient of buying and selling things. i want to explore detail with my buddy charles payne in a little bit. meantime the colonial pipeline ceo is on capitol hill apologizing for the break down and hack that had a lot of people scrambling for power. that was a close call and heightened today, with a lot of new sites old shutdowns not over the same issue, once again showing our vulnerability when it comes anything and everything online. go to hillary vaughn monitoring all of that, particularly the colonial pipeline ceo hearings on capitol hill. hey, hillary. reporter: neil, 60 house offices are targeted at vending mail ware provide to the house

offices. they are posing at sending mail to house offices with malicious links, email from a legitimate source, click on that link. officer of chief administrator officers says. this they were notify by i-constituent e-newsletter system was hit with ransomware. this is external service available for house offices to purchase, they believe at this time that no impact to house data has been impacted but while house offices are being rocked by cyber threats today on the senate side, colonial pipeline ceo, joseph blount testified that they are not at 100% recovered from the cyber hack that gripped their network in may. blount was quizzed repeatedly about the circumstances that led up to his company paying off dark side hackers millions in bitcoin. he says that an outside negotiating team they hired handled the discussions with darkside and they did not have any direct contact with the

hackers. >> prior to making the decision to pay the ransom had you consulted with anyone in the federal government on whether that would be an appropriate response? >> it was our understanding that the decision was solely ours as a private company to make the decision about whether to pay or not to pay. reporter: in other internet scare today, widespread outage causing popular websites to go down this morning. this raising concerns, websites like reddit, amazon, hulu had hiccups in the service. reportedly by an issue caused at cloud computing services provider fastly, who said later this morning it was a service configuration that actually triggered disruption. neil, doesn't sound like that was related to any type of ransomware hack this morning. neil? neil: thank you very much for that, hillary. nevertheless as hillary reported here fastly and its problems, remind you how few companies are involved in the so-called plumbing behind the internet and

should that be a concern? theresa peyton, former white house chief information officer under president bush 43. theresa, that is the part that sticks with me, how vulnerable we are, all these fears something sinister is going on to just that. there is so few responsible for the plumbing or the digging or the with all to get on the internet, when one has trouble i guess we all have trouble, what do you think of that? >> no, you bring up a great point, neil, and one of the things that all businesses need to be thinking about, as well as our government are, sort of the three rs. recoverability, it is resiliency, it is reliability and really understanding what is our backup plan if one of the major services providers is out such as cloud, internet services and in some cases different types of news platforms and web platforms? we need to be think about the

three rs as business continuity and reliability. neil: i wonder, do we get more players involved in this? so few are as it turns out? that alone surprised me because i'm always thinking in terms of whoever the company or provider is, knowing there is a backstop to that, and them? >> yeah. the development of the infrastructure is cost prohibitive. and so what you have is, we need an opportunity, just as we thought about sort of the phone companies offering multiple types of providers both for cellular and through this old-fashioned quaint landlines, we need to think about the same as it relates to internet infrastructure. both companies we use and interact with every day but also the backbone itself. neil: let me ask you a little bit about the bitcoin development. i want to explore that more on the financial side with my friend charles payne in just a

second. but, obviously bitcoin is taking on the chin on the notion that one of its drawing cards is this idea of that it is clean, efficient, you can't trace purchases, that sort of thing which, you know, has a certain appeal but its base if you will, could be that very group that doesn't want to be traced to purchases or sales with this cryptocurrency. what do you make of what has been unearthed here? >> well, what's interesting, we don't really know all the ins and outs how the fbi conducted their investigation. and someone who has worked on different cases that involved cryptocurrency, it is more challenging to follow the money and to trace because of the different privacy and security measures that are in place for the different cryptocurrency platforms. but it is not impossible to trace. it is not completely anonymous.

in this case we don't know if the fbi got a warrant. it could be that one of the criminals actually made a mistake and they may have used this same wallet, mentioned it on a forum. sometimes you get lucky, somebody makes a mistake, it gives you that one little digital bred crumb allows you to track it down to the owner or key of the wallet. it will be interesting to see, earlier this year, neil, where the treasury department put together a proposal to put the cryptocurrency platforms under ofac and finn send which would have them follow the know your customer guidelines frankly financial institutions have to follow when there are large movements and sums of money. there was pushback by many in the industry on that particularly treasury department proposal. interesting to see where that

goes following the colonial pipeline attack. neil: while i have you here, theresa, the head of the irs has asked congress to grant the irs the authority to oversee what is going on with bitcoin and police it more and maybe using these developments as ammunition. what do you make of that? >> yeah. i think it will be incredibly challenging, if we're not able to actually have the treasury department pass the know your customer, i think it will be challenging to say how does the irs track gains for losses on sale of cryptocurrency by american citizens and by corporations? it will be one of those things where if you have to make a traceable for know your customer, you have to make it traceable for revenue for the irs guidelines, it will make it more traceable. so it will be interesting to see how this develops and what the future of cryptocurrency will be, if it will continue to be sort of a private sector endeavor or if at some point it will actually be a currency

provided by nations as part of their currency basket portfolio. neil: we shall see. theresa payton, very good catching up with you on this, timely news day. let's get to charles payne, on right after this show. charles, this notion bitcoin meeting might be sliding by notion that they might be hiding it. i'm wondering if that is a good reason to see it free-falling as it is today? >> i don't think so. in fact i think the news for bitcoin yesterday was absolutely great news for them. one thing i want to point out, last week was a record amount of outflows of bitcoin, all-time record, 141 million out of bitcoin and products. i think the weakness in bitcoin can be traced to elon musk and comments about the environmental impact. that really put up a brick wall with respect to bitcoin.

ironically last week 33 million went into ether or ethereum which is at a billion dollars. bitcoin has its own particular issues. here's the thing, neil, the news yesterday was absolutely phenomenal, this pushes back against the narrative janet yellen and others that this is some sort of a digital dark hole, we can't go in there, we don't know what is happening. it is where criminals do all of their activity. you know what? they were able to get a digital law enforcement posse together. they went in there, retrieved most of this cashing. that is sort of nixed that. that is good news for bitcoin overall because the biggest obstacle in my mind for it right now would be regulatory issues for them. neil: yeah. i found it offensive calling me, neil, you must be chagrined the mob can't hide its money in bitcoin? >> [laughter] neil: okay. what is wild bit, charles, if you think about it, the more

kind of street cred bitcoin can get through knowing that it isn't just a nefarious investment alternative that it has a legitimate place among all types of investments -- >> right. neil: i guess for now that is not being realized but longer term do you think this puts a lid, at least some of these developments puts a lid or maybe an excuse for people who have been, you know, recording some very heavy profits to get out? >> you know, bitcoin is, it is one of these things where i think a vast majority of folks in it believe in it. they're not looking to get out. minimum target is 100,000. some are still looking for a million. they bought it with the intention on holding it. bought it thinking when it would dip, buy it on the dip. core holders of this, we can't look at this like old school buy stocks. even in the stock market, right, we know folks, i'm a long-term investor. they pay 50. the stock goes to 45, they sell,

never buy another stock again. this is a whole different mind set. i do want to point out, folks that i brought on my show, who really understand this say, the blockchain itself as a public ledger has always been actually a better place for law enforcement to be able to use and to go after criminals sew i don't want to offend anybody that you may know, neil, it actually could be a good thing for law enforcement, the blockchain. neil: okay. thank you for your emotional support. i do appreciate that. what do you make of, you know, with he had a situation where bitcoin would move a situation along with gold, stocks another way, vice versa, they all can't be going up together, do you buy that notion, hairier things look better for bitcoin or worse things look, more regulators cracking down, the worse for bitcoin and better for more traditional investments like

stocks and bonds? where are you on this? >> yeah i do think there is something to that. i mentioned elon musk and i should have mentioned china. the china crackdown, first on bitcoin and cryptocurrency with respect to transactions and those miners that was the ultimate one two punch. a lot of people are buying this because of the china crackdown, because of the janet yellens of the world and thinking that ultimately fiat currency, the money printing every single day around the world by every central bank that will come back to haunt us. the only reason it hasn't because they're all playing the same game but real life purchasing power declined for all of humanity for the most part. people are worried about that. as far as alternative invests, stocks up, bitcoin down, we see that from time to time but, i just think a lot of this right now with the investment world, why we're moving sideways some of these things, big question mark on the federal reserve, neil. really, a big, big question mark. this is one time you cannot find

a real consensus what they will do next what that would mean for all investment vehicles. neil: yeah. but i do sense they're afraid of it. they just don't know to do about it but they are afraid of it. >> oh, yeah. neil: great talking to you. i wanted to let you know, buddy, that i ran into a fan ever yours who said, neil, i got to ask you, is charles as nice and as smart as he seems to be? i natural live said no, no, no. but he is not a nice guy. >> [laughter] neil: i wanted to tell you. >> thank you very much, my cousin told me ran into you. [laughter]. neil: yeah. anything i could do to help. thank you, my friend. great report on all of this. catch him hour 45 minutes from now as we were wrapping up. they were getting word from celebrity cruises, the equinox has been approved by the cdc to sail from fort lauderdale on july 25th. a little over a month from now. cruise operators, despite heavy

jawboning and confusing signals from the cdc are launching from american ports. some threatened, like norwegian cruise lines threatened to launch from non-american ports. that is not the case for celebrity equinox, setting sail from fort lauderdale next month. more after this. ♪. you packed a record 1.1 trillion transistors into this chip i invested in invesco qqq a fund that invests in the innovators of the nasdaq 100 like you become an agent of innovation with invesco qqq

in business, it's never just another day. it's the big sale, or the big presentation. like you the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. [typing sounds] [music fades in] [voice of female] my husband ben and i opened ben's chili bowl the very same year that we were married. that's 1958. [voice of male] the chili bowl really has never closed in our history. when the pandemic hit, we had to pivot. and it's been really helpful to keep people updated on google. we wouldn't be here without our wonderful customers. we're really thankful for all of them. [female voices soulfully singing “come on in”]

♪ ♪i've got the brains you've got the looks♪ ♪let's make lots of money♪ ♪you've got the brawn♪ ♪i've got the brains♪ ♪let's make lots of♪ ♪uh uh uh♪ ♪oohhh there's a lot of opportunities♪ with allstate, drivers who switched saved over $700. saving is easy when you're in good hands. allstate click or call to switch today. stay restless, with the icon that does the same. the rx crafted by lexus. lease the 2021 rx 350 for $449 a month for 36 months. experience amazing at your lexus dealer. (naj) at fisher investments, our clients know we have their backs. $449 a month for 36 months. (other money manager) how do your clients know that? (naj) because as a fiduciary, it's our responsibility to always put clients first. (other money manager) so you do it because you have to? (naj) no, we do it because it's the right thing to do.

we help clients enjoy a comfortable retirement. (other money manager) sounds like a big responsibility. (naj) one that we don't take lightly. it's why our fees are structured so we do better when our clients do better. fisher investments is clearly different. (announcer) do you want to reduce stress? shed pounds? do you want to flatten your stomach? do all that and more in just 10 minutes a day with aerotrainer, the total body fitness solution that uses its revolutionary ergonomic design to help you to maintain comfortable, correct form. that means better results in less time. you can do an uncomfortable, old-fashioned crunch or an aerotrainer super crunch. turn regular planks into turbo planks without getting down on the floor. and there are over 20 exercises to choose from. incredible for improving flexibility and perfect for enhancing yoga and pilates. and safe for all fitness levels.

get gym results at home in just 10 minutes a day. no expensive machines, no expensive memberships. get off the floor with aerotrainer. go to aerotrainer.com to get yours now. ♪. neil: all right. to the origins, to the origins of covid actually start in a wuhan, china lab? that is now recognized as increasingly plausible. it is not very, very likely but the debate goes back and forth. rich edson with more from the state department. rich. reporter: good afternoon, neil. "the wall street journal" advanced this a little bit in a report that they have got out saying that the national lab out of california had come out with a report last may saying it was plausible that this virus originated from the wuhan

institute of virology and that the state department used it the report as basis of its investigation trying to figure out the origins of covid-19. former officials tell us that the u.s. government was looking at the national lab out of livermore, california, to try to figure out where this virus came from. meanwhile now secretary of state antony blinken is back before congress. he is testifying for the second straight day. the secretary says the international community will hold accountable for failing to cooperate in an independent investigation into the virus' origins. >> if china doesn't cooperate with us in finding out the root causes of the coronavirus leak what should we do? >> there needs to be accountability for what happened and there needs to be accountability for the failure to cooperate including making information available, having transparency. >> perfect. >> from expert.

>> i have sanctions that would be available to you if they fail to cooperate. would you support those sanctions? >> certainly take a look. reporter: in response to the u.s. government calling for independent investigation, into china, into the origins of this virus, the chinese foreign ministry says quote, we urge the u.s. to stop politicizing the study of origins, stop smearing china, adopt and open and transparent attitude on this issue, shoulder its due responsibilities and invite w.h.o. experts for origin study in the u.s. president biden ordered an intelligence review into all of this, two theories they're looking at, happened in nature, escaped from a lab. the later reporting is back later part of of august. back to you. neil: thank you, rich edson. dr. marty makary, out in

paperback, ahead of its time it was, came out in the fall of 2019, long before we got wind of covid and some of the things he outlined in that, reluctance, reticence among the medical community itself, the almost stoic response to crisis, inability to be flexible, all details to come, outlined very neatly before any of this hit. dr. makary joins us now. doctor, good to see you. >> good to be with you. neil: one of the things that reminded me came up in your book then, we always wonder about the high price of drugs, the inability to show flexibility, not among the entire medical establishment but the vast industries that support it or part of it. and i don't know if some of the things change with covid. whether it was "operation warp speed" to come up with a vaccine or the possibilities that it could be

shaken. and now what is going on with trying to get to the origins of covid are illustrating that. are you encouraged with some of the things that you wrote about in 2019 that are being addressed maybe now? >> yeah, we have to shake things up. health care is the largest business in the united states. in january of 2018 it became the largest industry in america around it is a broken industry. doctors and nurses are on a treadmill. through-put billing cycle. we're not addressing the underlying causes of illness we need to. as a result we have problems that are unaddressed. we've got to start treating diabetes with cooking classes instead of throwing insulin at patients and treating back pain with i.c.e. and physical therapy more than surgery and opioids. until we get issues, school lunches instead of barry act trick surgery and gastric bypass. we will keep expanding the problem. we have the medicalized, obese, hospitalized population in the

world. that was one of the reason why we got hit so hard with covid. neil: you know, doctor, biogen of course came out with news yesterday that it just might have an alzheimer's drug, addresses more of the symptoms than the underlying cases of alzheimer's but it doesn't come cheap at 56,000 bucks. it harkens back to stuff that you wrote about and i'm wondering, that is what we as a free society have to juggle. there are a lot of people whom this could be very beneficial, depending on their insurance company might never be able to enjoy it? >> well, it will be very beneficial for biogen. they will make billions of dollars on this, mostly from taxpayers through medicare. this is a drug that really has never been shown to work. it had some mri evidence of reduced plaque but no evidence of symptom changes. the one study never met its end points in terms of accruing samples. $56,000 a pop it, will be a heavy load for taxpayers and

probably speaks to some of the larger problems we have in health care that i write about in the book. neil: you know one of the things that came up with coming up with a the vaccines to treat this they lost their patent protection or it was sacrificed in lieu of getting this out to everybody. what do you think of that approach in the rush to get something out companies give up some of the protections that normally they would be afforded in getting such miraculous cures out to people? >> well one of the big barriers for vaccine development has been the unknown risk of liability cost, whether or not the drugs would work. so what you saw with "operation warp speed" is the genius of pre-payment so it could insure the companies go in without financial risk. what you saw, something we need for hiv, and cancer, alzheimer's and many other things. we should be developing a mrna vaccine for hiv with the same

speed and agility we did for covid. we can do that. we need to move the giant bureaucracies at a much faster space and change the alignment of incentives. neil: you had recently talked about the idea that a number of vaccinated americans is very encouraging but that we have got to be vigilant. i'm sort of pair phrasing here. we're close to the 70% vaccination rate that the president wants to see next month, so why worry? >> well look, right now the numbers are look great. i looked at the numbers this morning neil. if you saw them, we're doing incredible as a country. cases are way down. community risk is very low. los angeles, the second largest city in the united states of four million people had just over 100 cases. most asymptomatic. we've got to recognize our battle is not just against pcr tests lighting up as positive in people with no symptoms and no

risk of contagion, it is in our roughly hoods, addressing the problems profound social isolation. we're doing well. 64% of adults in the u.s. have vaccinated immunity. the rest have unvaccinated immunity from prior infection. i will have an article in "the wall street journal" talking about natural immunity by how it has been dismissed by our public health officials unfairly. neil: doctor, very good seeing you. i remember distinctly a neurologists telling me, neil, you have to read this book. back in 2019. i read it. i thought i was prepared for what it was to come. it is timely reading. you were ahead. you should be credited. you should credit my neurology gift. it was well worth reading. the book is out in paperback, the price we pay, dr. marty makary ahead of a lot of things doctors did not see getting big

picture before we saw the clouded picture. we're learning more about the irs wanting to look into bitcoin. that is always nerve-wracking, right? as a kid if your parents warranted to help you out with your homework. we're getting word right now this is coming from the irs head i think we know congressional authority. we get challenged frequently. to have a clear dictate from congress on the authority for us to collect that information is critical. referring he says to the cryptocurrency market. right now with the capitalization of north of $2 trillion. it is that is weighing on bitcoin more than anything else. stay with us. ♪.

this isn't just freight. these aren't just shipments. they're promises. big promises. small promises. cuddly shaped promises. each with a time and a place they've been promised to be. and the people of old dominion never turn away a promise. or over promise. or make an empty promise. we keep them. a promise is everything to old dominion, (vo) while you may not be running an architectural firm,. tending hives of honeybees, and mentoring a teenager — your life is just as unique. your raymond james financial advisor gets to know you,

your passions, and the way you help others. so you can live your life. that's life well planned. shingles? camera man: yeah, 1 out of 3 people get shingles in their lifetime. well that leaves 2 out of 3 people who don't. i don't know anybody who's had it. your uncle had shingles. you mean that nasty red rash? and donna next door had it for weeks. yeah, but there's nothing you can do about it. camera man: actually, shingles can be prevented. shingles can be whaaaat? camera man: prevented. you can get vaccinated.

baby, call the doctor. camera man: hey! you can also get it from your pharmacist! 50 years or older? get vaccinated for shingles now. ♪. >> are you thinking of going to the border? >> at some point i will, yes. >> do you plan to visit the border? >> im, not today. [laughter]. we've been to the border. >> you haven't been to the

border. >> and i haven't been to europe. i mean i don't understand the point that you're making. neil: well the point he was making, have you, vice president harris, been to the border? of course she has not. that might happen. we're not hearing right now it is in their schedule per se. she is in guatemala, yesterday, mexico right now. getting a read how all of that is going. her message to guatamala, those coming to the border, force their way through, do not come. let's get the read on all of this with bryan llenas in mexico city, mexico, with more. hey, bryan. reporter: neil, look the president of mexico and vice president kamala harris are currently meeting in a bilateral formal meeting things like trade, drug trafficking, smuggling. the bottom line, center, heart of this meeting for both countries publicly, find a long-term solution of the problem of illegal migration. both countries signed

essentially a memorandum guarantying that they will both promise to help spur economic development in the northern triangle countries of guatamala, honduras, el salvador, southern mexico so people have a reason to stay put in their countries. the vice president is focused on the long-term solution, she is getting a lot of criticism from the current situation at the border. one, not visiting the southern border even on this trip, throughout her entire stay as vice president. but also she is getting criticism for what critics are saying mixed messaging to migrants. listen to the message that the vice president had for guatemalans while she was in guatamala yesterday. >> i want to be clear for folks in the region thinking of making that dangerous trek to the united states mexico border, do not come. do not come. reporter: well after that blunt message democratic congresswoman alexandria ocasio-cortez

tweeted, this is disappointing to see first seeking asylum at any u.s. border is 100% legal method of arrival. second the u.s. spent decades contributing to regime change and destabilization in latin america. we can't set someone's house on fire, blame them for fleeing. harris, you know, neil, burr the vice president made that statement after the guatamala's president said he believed the biden administration messaging on immigration was contributing to more migration. he in fact asked the biden administration to be more clear about dissuading people from making the trek and the biden administration says that the vice president is doing exactly that while also encouraging legal migration but again, the mixed messaging is front and center of the meeting today. neil? neil: bryan, thank you very, very much. great reporting. something you don't see every day in a bothered town a republican getting elected mayor. take a look at this.

>> this was a non-partisan election though. we had support from republicans, democrats, independents, libertarians. we of course, we set forth a conservative agenda about you know, taxation, being pro-business, always, always trying to make sure about spending. that is something we kept on. we kept our message and i guess it resonated with our great city. neil: now that republican raised eyebrows with his win even though 206 votes. they're not calling it an out right win. they're going through recount. if it does pan out he was elected this is in the same town that hillary clinton had captured by 40 points in 2016 and joe biden won by about 20 points in 2020. so what are we to make of that? is it a signal this could be sending? hal lambert, point bridge

founder and ceo. former ted cruz national vice-chair i might point out. carol roth, author of the war on small businesses. geniuses both. carol, your thoughts on the significance of this win? >> i don't think it is so much about the red party and blue party, but the green party, aka money, neil. so many people come out of the -- they want change. they are seeing their small businesses shut down or their employers shut down while big businesses thrive. there have been corporate power crashes. wall street has gotten taken care of while main street has gotten crumbs. now they're walking into the grocery store. the bill is through the roof. the gas bill is going up they need economic change and to get a fair shake. so we heard this from

mr. villalobos on the clip. economic freedom agenda. pro-business, less taxation, for the salt of the earth working americans, economic freedom will be front and center for them. neil: when you were working with ted cruz there was a time in his re-election effort, texas was turning purple. it might be a sure sign the day of one party dominance there are gone. there have been a series of events, including senator cruz' re-election that put that notion to bed. i'm wondering whether this is another reminder the media had sort of overstated the swing in texas? that there is no swing going on, maybe just the opposite what do you think. >> yeah. i think the long-awaited dream of turning texas blue will continue to wait. i might add this is a county where mark zuckerberg spent several hundred thousand dollars just last cycle to try to win

more votes. i think the biden administration right now does see there is a border crisis and the border crisis is they just lost an election, they haven't had a republican mayor in that city for over 24 years. so this is a big blow to them. this is a big blow to their hopes of turning texas blue. it really comes down quite frankly to the border. the town down there doesn't want chaos, i should say the city, it is quite large. doesn't want chaos at the border. let me point out one thing on this neil, the policy they're very upset about down there, that is that the essential movement across the border, walking across the bridges, driving across the bridges shut down, continues to be shut down by the biden administration yet they're letting illegal migrants come up. so you have people with relatives in mexico they haven't seen in 17, 18 months. they can't go to mexicos but all the illegals can come forward. that is a problem. they don't like it. there is chaos down there i might add two other elections in texas this past week.

one in fort worth, arlington, they both wint republican. city of fort worth is one of the largest cities in the country. they were hoping to flip that blue. it is not happening. they're losing elections in texas an con and continue to, bs watching. we're following bitcoin and the slide that it is easily traceable, it might not offer protections some thought. there is the bullish argument to that, well, this is good news. this isn'tly an a nefarious investment after all. that tug-of-war continues. you're watching fox business. ♪. that building you're trying to buy, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you see it. you want it. you ten-x it. it's that fast.

if i could, i'd ten-x everything. like... uh... these salads. or these sandwiches... ten-x does the same thing, but with buildings. sweet. oh no, he wasn't... oh, actually... that looks pretty good. see it. want it. ten-x it. yum! nobody builds 5g like verizon builds 5g because we're the engineers who built the most reliable network in america. thousands of smarter towers, with the 5g coverage you need. broader spectrum for faster 5g speeds. next-generation servers with superior network reliability. because the more you do with 5g, the more your network matters. it's us...pushing us. it's verizon...vs verizon. and who wins? you.

(vo) ideas exist inside you, electrify you. they grow from our imagination, but they can't be held back. they want to be set free. to make the world more responsible, and even more incredible. ideas start the future,

just like that. time. it's relentless. we do everything but control it. and when it's running out. we relentlessly try to protect it. because "all the time in the world" it's just a saying. today, for women living with hr+, her2- metastatic breast cancer, more time is possible with verzenio. proven to help you live significantly longer when taken with fulvestrant. verzenio + fulvestrant is for hr+, her2- metastatic breast cancer that has progressed after hormone therapy. diarrhea is common, may be severe, or cause dehydration or infection. at the first sign, call your doctor, start an antidiarrheal, and drink fluids.

before taking verzenio, tell your doctor about any fever, chills, or other signs of infection. verzenio may cause low white blood cell counts, which may cause serious infection that can lead to death. life-threatening lung inflammation can occur. tell your doctor about any new or worsening trouble breathing, cough, or chest pain. serious liver problems can happen. symptoms include fatigue, appetite loss, stomach pain, and bleeding or bruising. blood clots that can lead to death have occurred. tell your doctor if you have pain or swelling in your arms or legs, shortness of breath, chest pain and rapid breathing or heart rate, or if you are nursing, pregnant, or plan to be. if you have hr+, her2- metastatic breast cancer. more time is possible. ask your doctor about verzenio. there's interest you accrue, and interests you pursue. plans for the long term, and plans for a long weekend. at thrivent, we believe money is a tool, not a goal. to learn more, text thrive to 444555, or visit thrivent.com.

♪. >> welcome back to "coast to coast," i'm edward lawrence in las vegas. this is the world of concrete in the west hall of the las vegas convention center. historically one of the biggest conventions in the year of las vegas. 60,000 people in a normal year. they have the world's first battery powered concrete slip form machine. they are showing coming out of conventions to show it can be done in person. the woman who organized this event says she is already looking forward. >> we feel like we're kind of kicking the shows off for the entire trade show industry which we're so honored to be able to do that. nin vegas alone we're hosting 10 events. we have other events scheduled throughout the globe. many events taking place in the next seven months. reporter: it is not just large conventions. also smaller meetings are taking place. the senior vice president of mgm resorts over the last three weeks she has been more busy in

19 look booking out, listen. >> a lot of our larger conventions they're booking their 2022 beyond, back at their 19 numbers which is very reassuring for all of us, not specific to las vegas, for entire industry, companies, again the value is getting together. they're committing to it. they're signing contracts for the future which should make all of us feel really good. reporter: the proof can be seen all around me here. mckaren international airport was the busiest airport in the country for the past seven weeks in a row. that is the airport here in las vegas. "coast to coast" coming back. ♪ our retirement plan with voya, keeps us moving forward. hey, kevin! hey, guys! they have customized solutions to help our family's special needs... giving us confidence in our future... ...and in kevin's. voya. well planned. well invested. well protected.

in business, it's never just another day. it's the big sale, or the big presentation. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. incomparable design makes it beautiful. state of the art technology makes it brilliant. the visionary lexus nx. lease the 2021 nx 300 for $359 a month for 36 months. experience amazing at your lexus dealer. keeping your oysters business growing $359 a month for 36 months. has you swamped. you need to hire. i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit when you post your first job at indeed.com/promo

look...if your wireless carrier was a guy, you'd leave him tomorrow. not very flexible. not great at saving. you deserve better - xfinity mobile. now, they have unlimited for just $30 a month. $30 dollars. and they're number 1 in customer satisfaction. his number? delete it. deleting it. so break free from the big three. xfinity internet customers, take the savings challenge at xfinitymobile.com/mysavings or visit an xfinity store to learn how our switch squad makes it easy to switch and save hundreds. why choose proven quality sleep from sleep number? because every new day starts the night before.

and a quality night's sleep is scientifically proven to help boost performance. the new sleep number 360 smart bed is temperature balancing. and it helps keep you asleep by sensing your movement and automatically adjusts to keep you both effortlessly comfortable. proven quality sleep, is life-changing sleep. only from sleep number.

♪. neil: all right. and you thought lumber prices were hurting home sales. what if i told you right now even home improvement projects are being hurt by paint? obviously it's a big difficulty finding enough paint. i kid you not. grady trimble in illinois with more on that. grady, what is going on here? reporter: neil, whether a diy project or you hired someone else to do the job like these folks have, paint will cost 6 to

8% more. bob jung, why is there a shortage of paint right now? >> the supply demand. issues in texas with petroleum. reporter: a lot of people might not realize this, petroleum products are turned into paint and the winter storms in february caused this. you've been going non-stop since last year. demand is through the roof right now? >> that is correct. demand is through the roof. >> what have you done in terms of prices? have you had to pass that on to customers just yet? >> no, we have not. we've been honoring all of our prices we gave our customers. >> what about going forward. >> going forward we'll have to charge more. >> because you are paying for the product. >> that's right. >> bob mentions he expects this to last as far as paint foes until the end of the year because some people are sprucing up their houses right now, doing diy projects it could continue

potentially even next year. neil: all right. thank you very much for that, grady, i think. grady trimble on all of that. ryan is hearing all of this, one of the most successful realtors in the world i might add. author of, big money energy. but i think, ryan, your message would be don't try to make up for that by hiring a cheaper contractor just because he or she is cheaper, right? >> that's right. you get what you pay for time and time again both with labor costs, trades costs, even appliances. what we see on the brokerage side what we see where investments are paying off now across the nation, just not in new york city is for product and homes that are built well, that are built right, that use the right materials. where they took their time. we see it time and time again. you see records being broken left and right right now for housing t was built the right

way. so don't be cheap, otherwise you will have to sell cheap. neil: i have been noticing that some people have great success moving what had been unmoveable apartments, condos or homes when they spruced it up, painted it, fixed a lot of the problems so it looks move-in ready. how important it that? >> super important. you have to understand putting your home on the market, it is the first date, that first impression. the first impression is your last impression if you're not careful. so you want to make sure that what you're putting out on to the marketplace is a home that can be viewed by anyone else as their future home and not as your home. so you don't want people walking through your home saying, this person lives in a really weird way. you want them walking through, saying this is nice. i can imagine myself here. what do i have to pay to get this house right now?

now in the undersupply in the marketplace we have right now you can be a little bit relaxed having spend excess amount of dollars staging and preparing your home because there is such a lack of inventory, more buyers than ever before. there sin creased demand because of the fact there has been so much you know building over underbuilding past couple years and the cost of land, labor and materials. you don't have to redo a kitchen, bathroom to, renovate your old home but make sure you put your best foot forward. neil: removing things that might be controversial. i remember selling a home years ago, they said, neil, the velvet matador painting has to go, the felt last supper painting needs to be home, i am making a point, it has to be vanilla. what does it mean remove things that might draw extreme response

for good or ill? >> i want to see your house. i want to see what kind of unique things you have in your house? [inaudible]. what is over your headboard sounds terrific. i would say you want your home neutral. you don't want it to be so vanilla that it is boring that no one remembers it. you also don't want your home to be so specific that all anyone remembers is that crazy piece of art or bright red dining room or the orange carpet, even though orange might be your favorite color. you want to see neutral, so buyers imagine themselves living in your home. that is what they pay for. any change you might do in your own home to a buyer, that will cost them double or triple. so they don't want to pay for it. it always makes sense to spend a little bit of money, cleaning up your home, presenting it in the best possible light because buyers will pay for it, especially now. neil: it is still a seller's

market, right? >> in most of the world right now, yes, in the majority of the united states, yes. housing supply is down across the nation's specially at entry level price points in a way we haven't seen in a long, long time. it is not totally due to covid. covid accelerated the demand that is for housing in the united states but there has been a shortage of demand that has been sitting on the sidelines since 2008. this is people having sat back since the great recessions, i don't know a home is the right investment for me unless i absolutely need one. last year i told everybody, hey, this is a 6 trillion-dollar pr campaign for the fact you need a nice home. probably one bigger than you have right now that is a definite. neil: got it. ryan serhant, big money author and much, much more, we'll have

more after this. ♪ ♪ ...

- hello, i'm michael youssef.

you know, the covid-19 virus has infected millions around the world, but the virus that has infected every human being on the face of the earth is called sin, and the only vaccine against that virus is the blood of jesus christ shed on the cross. will you come to him for healing? - [announcer] find out more today. visit us online at findingtruepeace.com. that's findingtruepeace.com. wealth is breaking ground on your biggest project yet.

worth is giving the people who build it a solid foundation. wealth is shutting down the office for mike's retirement party. worth is giving the employee who spent half his life with you, the party of a lifetime. wealth is watching your business grow. worth is watching your employees grow with it. principal. for all it's worth. neil: all right, a penny for your thoughts, should have put a bitcoin for your thoughts markets are mixed but bitcoin is tanking right now, it's also levels of the day have been down about 5% and lost about 9% of ground yesterday, ethererum, a backup cryptocurrency second currency, second largest

cryptocurrency also taking it on the chin, a lot of this has to do with reports of that colonial pipeline ransom. a lot of it was taken back by the government. they were able to trace it and got millions back of the total ransom. now, that's good news, you would think a lot of people read into that, wait a minute, we thought this was an investment that the government couldn't interfere in, of course. others are looking at that down the road as a promising development that this is not just an investment perview for the mob and nefarious types so pick your poison and if you look at it that way but bitcoin down about $2,000 a coin. in the meantime, here, there's this issue about how to play inflation right now. the bitcoin is usually seen as an inflation, both are taking a little bit more on the chin today, but we are finding creative ways, aren't we, to deal with inflation including the folks who provided a lot of the stuff we buy. it's not your imagination. the packages are getting a

little bit smaller so that price umph is a little less cost ly. lydia hu following all of that in east chester, new york with more. what's going on here? reporter: hey, neil. you know, businesses are facing rising costs of labor, and raw goods and they're having to make decisions about weather and how to pass that on to the consumer so we're talking about shrink-fl ation, which consumer experts say it happens it's when you pay the same for a product but getting a little bit less and it happens a lot in paper products, cleaning product, snack foods, a recent example walmart actually shrunk its paper towel roll. you used to get 168 sheets now it's down to 120 and they say they improved the quality but it's still fewer sheets. we are at the chico & sons in east chest chester and he started the company at this grocery store chain more than 50 years ago, neil, so he's really got his eye on all of this. john, you say you've seen

companies from time to time do this. they shrink the size of their products but they continue to charge the same price. do your customers ever say anything to you about it? >> no theophano don't. they don't realize it. reporter: why don't they notice? >> because it's such a small amount each time they shrink it they don't know. reporter: it's hard to detect the change. that's exactly what some of the national experts tell us and also they say brands will also sometimes change their product packaging so it's harder to detect little disguised. listen. >> basically have two choices. they can raise the price that they know consumers will notice that, or they can do it more in in conspicuously and give you a little less in the package kind of a sneaky price increase. reporter: yeah, and neil, they also say that once the product has been shrunk it doesn't really go back. that's the new product size at that price point so for people watching the bottom line you don't just want to compare the price points of competing brands but also check how much are you getting. neil, back to you. neil: they better not be doing

this with oregon oreo cookie, lit yeah or there's war, i'm telling you there will be war. lydia hu, something tells me she's not a double stuffed cookie girl, she's eating healthy which is good. blake burman another health food eater on something that is also getting smaller. the infrastructure package. it's not going to be as big. the question is what will the final package be? we don't know, but i bet you blake has an idea. blake, what's going on? reporter: yeah, and neil the question also being can they even come to a deal? can democrats and republicans come to some sort of a compromise especially here at the white house and republicans in the senate. there is expected to be at this point a phone call between president biden and the top republican negotiator, senator shelley moore capito, at some point today, supposed to be yesterday and now the white house says the ball pointing in this direction for today. here is what the president tweet ed out earlier this morning , neil. kind of interesting. maybe a little bit of a warning shot in advance of the call

saying, "i'm working hard to find common ground with republicans, when it comes to the american jobs plan, but i refuse to raise taxes on americans making under $400,000 a year to pay for it. it's long pastime the wealthy and corporations pay their fair share." meantime, um on capitol hill today, the acting budget director shalonda young testified before the senate banking committee and during that theresa may testimony, republicans pressed her about the administration's spending plans. >> how does the administration justify permanent spending level s that once were reserved only for periods of world wars or economic crisis? >> we took the responsible route of providing offsets. we also know that the change index o graphics in this country means that we spend more. it's important to make sure our seniors know we have a commitment to those social safety net programs like social security so you will not find cuts to those programs here.

reporter: neil a deal on infrastructure is not expected at some point today, and you have to wonder exactly how much longer these talks could go on, especially at the levels of the president of the united states, considering tomorrow, president biden, will wake up get ago air force one and head overseas for his very first overseas trip as the president. neil? neil: thank you, blake burman, at the white house. let's go to frances newton stacy and steve moore on what they make of the progress or lack thereof on infrastructure. steve, it seems to me that the administration really wants a deal, the very fact that west virginia republican senator shelley moore capito is still engaged in talks to lead that republican response, tells me that they both want to craft something, but do you think they will? >> what i'm hearing, neil, is we will reach what i call peak biden which is that biden's honeymoon period is over. he's losing support among some of his moderate democrats in the

senate and house and not just joe manchin but others, who are really worried about the blowback from the trillions and trillions of dollars of spending that biden proposed and the t2 $22 trillion of debt and that's giving republicans a bit of an upper hand in these negotiations. republicans are saying look, we can do an infrastructure bill, fix the roads, fix their bridges and our airports and our other kinds of vital infrastructure, but it is only going to cost about half a trillion and they want to take the money from the stimulus bill and redirect it to these roads and bridges so that's the state of play and of course, joe biden wants no power to that deal. neil: you know, francis, how would the markets respond if no deal is to be scored? i mean, its gotten down to around $1 trillion, not that that's cheap but it's certainly down from the nearly 3 trillion that the president originally wanted. i'm just wondering how the markets might react if it

just never comes to pass, because everyone seems to have been giving up on these notions of deficit and debt, so it would surprise me that they be disappointed, but maybe they be , because this is stimulus that doesn't come. >> well, i think that the markets will react according ly to how the fed may or may not compensate for the slow down or lack of fiscal spending if this doesn't go through. the fed may not be able to taper the assets that they're purchasing in order to makeup for the decelerating rate at which fiscal spending is coming in, because, you know, a lot of people say well there's too much money, people don't want to work , there's too much money, there's too much debt, but what people don't understand is that you can't just stop spending. there are a number of things that occur when you have debt instead of just raw cash, and you've got to watch interest rates, you've got to keep liquidity levels higher and so this is going to be very interesting, if this fiscal

package doesn't go through, the fed is going to have to wait longer to taper. >> you know, neil, can i add something? neil: could you hold off on that , steve it is important to me but i did want to get your thoughts guys on bitcoin. steve, your old boss, the president, had said it appears to him telling stuary varney that it's a racket. do you think bitcoin is a racket and what's coming today is a pre flexion of that. what do you think? >> no, i don't. look, i'm a little bit suspicious of bitcoin, i'm not a major investor in bitcoin, because i don't invest in things i don't completely understand, and so i'm a little suspicious of could bitcoin just go on a huge decline and what backs it up, but i also, i think it's a very healthy thing to have especially in these times where the government has run amuck in terms of spending, borrowing, and massive issues of debt and

cheapening our currency to have a rival private type of currency that actually disciplined the central bankers so i think it's a health it thing but i still believe the dollar is the best currency in the world as long as we don't spend ourselves into oblivion. neil: everything was going along fine, francis, until we heard from the irs chief who was asking congress for the power to oversee a lot of this. i'm oversimplifying it but when i see the irs wanting to get involved in policing something, i could politically correct look at that a number of ways. how do you look at it? >> well there are two arguments to be made. one is that people, well less people will be interested because one of the reasons that they invest in bitcoin is they can do it a little bit more privately; however on the institutional side, and i think charles payne mentioned this earlier on your show, i

think institutional investors are going to be more sited about bitcoin, the more regulated it is, the moreover site there is because it limits their liability so in the short-term, i think there is going to be some disinterest from people who were kind of hoping to, you know , have a more private exchange with bitcoin, but in the long term, having regulation equals institutional support and the institutional volumes are much larger. neil: steve, you and i have chat ted about this before but donald trump use to always refer to the markets and the record after record. those records have been continuing today notwithstanding but the s&p and the dow very close to record territory again. are you surprised by the markets performance under this president >> well, a little bit, yeah, i am and i predicted that we'd see a fall in the market if biden was elected and we've seen a big rally. look this is clearly attributable to the amazing vaccine and it's incredible miracle story what happened in

the u.s. in the last six months. it's a great, great story of american revival. by the way, you know this you reported on it. we're way ahead of europe or way ahead of asia in terms of coming out of this terrible pandemic, and so look. the reason i think the markets are holding up the way they are, and even in some cases accelerating is because right back where i started. we have reached peak biden. two months ago, three months ago we were worried about the court packing, worried about the filibuster being gone, worried about a $3 trillion tax increase, worried about $20 trillion of debt. it's looking more and more every day that biden is, you know, ability to pass these things is shrinking, and that's good for the market. the less government does right now, neil, the better for the markets. neil: we shall see. guys i want to thank you both very very much here by the way the markets going in and out, teasing these records we'll keep a close eye on that and also want to keep a close eye on

crime in new york city. it was taken as a fox news alert when the mayor, bill deblasio, acknowledged the obvious. we've got a crime problem. you think? nobody builds 5g like verizon builds 5g because we're the engineers who built the most reliable network in america. thousands of smarter towers, with the 5g coverage you need. broader spectrum for faster 5g speeds. next-generation servers with superior network reliability. because the more you do with 5g, the more your network matters. it's us...pushing us. it's verizon...vs verizon. and who wins? you.

in business, it's never just another day. it's the big sale, or the big presentation. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. [typing sounds] [music fades in] [voice of female] my husband ben and i opened ben's chili bowl the very same year that we were married. that's 1958. [voice of male] the chili bowl really has never closed in our history. when the pandemic hit, we had to pivot. and it's been really helpful to keep people updated on google. we wouldn't be here without our wonderful customers. we're really thankful for all of them. [female voices soulfully singing “come on in”]

(vo) ideas exist inside you, electrify you. they grow from our imagination, but they can't be held back. they want to be set free. to make the world more responsible, and even more incredible. ideas start the future, just like that. obsession has many names. this is ours. the lexus is. all in on the sport sedan. lease the 2021 is 300 for $379 a month for 36 months. experience amazing at your lexus dealer. so then i said to him, you oughta customize your car insurance with liberty mutual, $379 a month for 36 months. so you only pay for what you need. hot dog or... chicken? only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ in business, it's never just another day.

it's the big sale, or the big presentation. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. ♪ ♪ look, if your wireless carrier was a guy you'd leave him tomorrow. not very flexible. not great at saving. you deserve better... xfinity mobile. now they have unlimited for just $30 a month... $30. and they're number one in customer satisfaction. his number... delete it. i'm deleting it. so, break free from the big three. xfinity internet customers, switch to xfinity mobile and get unlimited with 5g included for $30 on the nations fastest, most reliable network.

neil: you know, i know a lot of you tune into this show and maybe fox news, fox business and our obsession with crime in new york city but it really is a bad situation, gotten a whole lot worse, particularly through the pandemic. now coming out of the pandemic, where a lot of people aren't only worried about returning to their offices but wondering if they will be safe not from covid , from crime. alex hogan has more from new york city. alex? reporter: hi, neil. just last night, a former nypd officer died after trying to help an elderly man who was involved in a fight. this retired officer and a former corrections officer, they helped an 86-year-old man who was in an argument with a 30- year-old, the corrections officer allegedly firing his weapon which actually hits that younger man and his friend. that former officer who died at the hospital. this tragic shooting is among

the disturbing increase in crime that we're seeing here in the city. police releasing this security footage of a suspect firing into a house, bullets that struck two people inside including a child. that little boy is dead and today, would have been his 11th birthday. new york city mayor bill deblasio warning that it will likely be a bloody summer. governor cuomo speaking about the crime surge saying that it is undeniable, already looking ahead to the new pool of mayoral candidates. >> what do they see as a fact and what are they going to do about it? and as a voter, i'm saying, focus on two issues. crime, homelessness. reporter: last year's shootings nearly doubled from april to may , before more than doubling from may to june, and those numbers this year are already much higher, just half way into the year, there have been more than 600 shootings in nearly 700 people shot and that is up 68%, just today the mayor

announcing new steps as something that he will do announcing a partnership between the nypd and the atf, a move he says will help get some of these guns off the streets. neil? neil: alex hogan, thank you very much for that. in the meantime here, no surprise then, a new poll out in new york, shows more than seven out of 10 new york city voters want more police on the streets. joe esposito not surprised the retired nypd chief of the department, former ceo office of emergency management commissioner he knows of what he speaks very passionate about the city he served as well. joe very good to have you. i guess we shouldn't be surprised that so many new yorkers are concerned about this , and specifically, where those half dozen-plus mayoral candidates stand on crime. what do you think? >> well yeah, i think finally, that silent majority now is wak ing up. you know, look. the reality is the squeaky wheel

gets the grease and the bottom line is that squeaky wheel has been those progressives and then they are minority. most of the people in this city want the proper policing. they want to see the officers out there. they want to see them interacting with the bad guys but that's the silent majority and finally, i think, they realize and they've got to be more vocal because all of the elections are going the wrong way. they are trying to see who can be the most progressive. now what i like what i'm hearing finally if you look at the polls and you just mentioned it. adams, yang, and garcia are the three leading in the polls. well guess what? they are the ones that have been talking about the crime in new york city. they haven't gone overboard with it, they really haven't addressed it i think as much as they could have but at least they are starting to talk about it and i think the people who live and work in this city realize they've got to get somebody whose talking about the crime in new york city. neil: yeah, and adam cache is a

20 year-plus police department veteran. i am curious what you made of mayor deblasio's comments. almost as if he was giving up on the fight saying that prepare for a lot more violence and shootings and the rest this summer. last time i checked he was still the mayor and he can do something about this but he seem s to have given up. >> well, that's a good point. you know, yeah. he's correct. it's going to be a violent summer because they've taken the tools away from the police. look when rudy giuliani came into office the city was out of control. it was being run into the ground , but the difference was when he became the mayor, we had the tools. we were able to give summons, stop, question, and frisk people , you had quality of life, you had turnstyles they were going after them and crime came down but right now we don't have those tools right now. they've taken them away so even if this new mayor comes in and says do what you got to do, he's

going to confront the city council and then they got to turn back some of that progressive agenda that they put forward, but with the mayor, is he giving up? i mean, i didn't hear it today. i don't think that's the way he would classify it, but yeah, we're in for a very violent summer if things keep going the way they are going, and turn the corner on this and give the officers some of the power back that they need. and look, it's a pendulum. it can't be all the way to the left anymore, and all of the way to the right. we've got to find the balance. if people want to communicate with the police and they want proper policing so yeah, there's a time for reform and we have to do it but we got to get back to the basics which we haven't done for a few years. neil: joe esposito, i hope we can let calmer heads prevail and see this for what it's worth and protecting people when it comes down to that. no matter your politics the

retired nypd chief of the department we have a lot more coming up including taking a look at bitcoin and maybe sort of a check in with reality and that could be a good or bad thing. our charlie gasparino on what he makes of this , after this. some say this is my greatest challenge ever. but i've seen centuries of this. with a companion that powers a digital world, traded with a touch. the gold standard, so to speak ;) we made usaa insurance for members like martin.

an air force veteran made of doing what's right, not what's easy. so when a hailstorm hit, usaa reached out before he could even inspect the damage. that's how you do it right. usaa insurance is made just the way martin's family needs it with hassle-free claims, he got paid before his neighbor even got started. because doing right by our members, that's what's right. usaa. what you're made of, we're made for. ♪ usaa ♪

new projects means new project managers. we're made for. you need to hire. i need indeed. indeed you do. the moment you sponsor a job on indeed you get a short list of quality candidates from our resume database. claim your seventy five dollar credit, when you post your first job at indeed.com/home. shingles? oh... you mean bill. he's been a real pain. again with the bill... what? it looks like a face. ...hearing about it 24/7 is painful enough... i don't want to catch it. well, you can't catch shingles, but the virus that causes it may already be inside you. does that mean bill might have company? - stop. you know shingles can be prevented. shingles can be whaaaaat?

yeah prevented. you can get vaccinated. oh, so... i guess it's just you, me and bill then. i'm making my appointment. bill's all yours... 50 years or older? get vaccinated for shingles today. neil: all right, well the good news is that the government got behind, you know, who was behind that hack attack on the colonial pipeline, and then, we discover that a whole bunch of other companies were impacted by an outage that started with one of the companies that's really behind the plumbing for the internet, if you will. i'm oversimplifying it but fortunately brett larson knows this stuff far better than i and joins us with a look at what has

happened. what joins these various forces? what do you have for us, my friend? >> yes. oh, neil i was hoping you were going to explain how the internet worked because it would probably make more sense but no, [laughter] you know, this really, this morning's outage kind of put a spotlight on the fact that about five or six companies are in charge, or tasked with sort of keeping, maintaining, and protecting the backbone of the internet. when one of these companies goes down these cloud service providers as they're called, amazon web services being one of them, all of a sudden all kinds of services and sights are knocked off line, because it is cheaper to just simply purchase, service from a cloud service provider as opposed to setting up your own. what happened this morning was not a hack. it was more than likely an issue where a person was face palming because there was likely an update or some other glitch that led to the shutdown. what happened with colonial pipeline though, that was, in fact, a hack. the colonial pipeline ceo was

actually on capitol hill today testifying to the senate. he had this to say. >> i chose the option to make the ransom payment in order to get all of the tools necessary and the optionality of those tools to bring the pipeline on as quick as we possibly could. >> that is joseph blunt, ceo of colonial pipeline. interesting though, he paid that ransomware in bitcoin, it was about $4 million at the time, the u.s. government says they got about half of that back, but the value of bitcoin has gone down since this hack happened its also gone down 10% today when the feds announced they were able to get some of that ransom that was paid back. the value going down 10% which, you know, makes bitcoin a little less valuable. colonial pipeline not alone in these ransomware attacks, it's actually just one of about half a dozen of them that includes the steamship authority of massachusetts, we heard about the jbs meat packer last week,

the metropolitan police, the new york mta getting hacked. interesting note, if they made the trains run better that might have alerted the passengers something was wrong, since it's the mta, and we like to make fun of what poor service they provide us new yorkers as they continually raise the prices. neil: maybe we have that low key the way you characterized it, thank you very much, brett larson. all right, let's get a read on this because bitcoin is tanking on this news. maybe an excuse to sell, charlie gasparino on that. you know, it's weird, charlie, because you could look at yeah the fed has the money and traced it and then the bad news being yeah, the fed got the money because they were able to trace it. it's a weird kind of conundrum for bitcoin investors isn't it? charlie: yeah, and bitcoin investors a lot of them like to stay under under under-the-radar screen and there's two stories neil as brett and you pointed out. there's the cybersecurity stuff

and that we need to improve our cyber infrastructure in this country, which is, you know , hackable and also often blows up just when it's not hacked and that could shutdown the country and then there is this whole thing regarding cryptocurrency and how it's used as an illegal, it's used for illegal activities, and i think what you see today and i've been talking to major hedge fund investors that have money in this stuff, so these guys have skin in the game, we're talking about multi-billion dollar hedge funds i spoke about three of them today all saying the same thing. this is a sell on the news sort of item. a short-term, what does this mean? the wild west of crypto is over. there's going to be more regulation. there's going to be more enforce am and the fbi is definitely going to start looking at broader uses of crypto for illegal activities, drug deals, you name it. that's going to cast short-term on the industry so that's why you've got selling today so people are selling on the news. long term though, and i'm not talking to crazy people in

crypto. these are people who believe that crypto as a currency inside the blockchain technology, which is a very seamless way to transact businesses which is just in its beginnings right now , that there's a future there , and this is going to be good for that. now why is that? because the government is final ly putting an end to the bs as they put it. the wild west could be over now, and so you get two sides of the coin. long term very good. short-term there's going to be some selling because you don't know how long term, how short-term the short-term is, and it's clearly an indication what the fbi did here that crypto can be traced, crypto will be cracked down on its illegal use and that you can dam n be sure that janet yellen and gary gensler, the treasury secretary and the sec chief are talking right now about broader sort of regulatory approaches to crypto, because this proves

their main concern. remember janet yellen, neil, came out and said, what is crypto used for mainly? well she believes it's mainly used for illegal activities, drug deals. i don't know if that's necessarily the case, but this proves that point, so short-term not good for the business, long term government-involved will normalize it, at least that's what the smart money is telling me. back to you. neil: do they look at the 30,000 level, the big test for this , charlie? i mean, is there such a thing? charlie: they think it could go down to 20, just so you know. there's a lot of, this is very volatile. listen we live in an era where amc is going through the roof, there's another stock look up the symbol clov, it's some healthcare system i never heard of a couple weeks ago most people didn't. it's up 70% today. you could see bitcoin losing another 10-k, i mean, that's what they tell me in this environment, easy. neil: all right, charlie gasparino, the best in the

business because there's no one approaches him. mike roberts is joining us of 11 hotel and residences. i might point out that he does accept cryptocurrency for condo deposits. robert it's very good to have you. so none of this news dissuaded you add and the crackdown on bitcoin and how it was used as a means to fund some nefarious elements. do you welcome that? obviously it hasn't affected your plans to use bitcoin and allow those to use it as a way to pay kind of anything that you're building but you tell us. >> well, from what i believe of bitcoin i think it's the embryonic stages all cryptocurrencies we're just learning about it ourselves, we're studying: my partners and i are believers in crypto. we're just trying to figure out the space like everybody else but i think i agree with your associate who was just speaking that this is an opportunity for people to get regulation. it's an opportunity for

sophisticated investors who feel more comfortable with cryptocurrency and bitcoin in general, and we're very happy to take crypto. we just had a very successful conference in miami that was unbelievable, like 20,000 people who attended the conference, very smart people, very sophisticated people were speaking. my partners and i learned a lot about the crypto space, and we think that taking crypto is a very good idea and bitcoin, in particular, is here to stay, and on the elder states, my partners in a hotel, michael simkins, the younger guys, they are really at the forefront of understanding the crypto and got us very interested in how it be beneficial to take it and quite frankly, it's very beneficial for us to take it in the club, and at the very beneficial for the hotel, we are sold out in record breaking time , ate 11 hotel and literally

we have a sales office and our club wasn't even open during covid but the brand was so strong, that we sold out in world record time like almost a month but we have all of the 10% deposits are in already so we just started taking crypto and we're about to take the second 10% deposits and we've had a very big indication so we've been getting a lot of bitcoin, people paying with bitcoin on the second deposits so we're very encouraged and like you said today there be selling panicking with what's going on and i think the big buying opportunity for the little bit that this fossil knows. neil: so, you keep referring to yourself, just say the others are younger, that's what i do. >> [laughter] neil: so what percentage are paying in crypto right now, of those who are either putting deposits down or even using it just to get into the hotel? >> well like i said, we put the first 10% when we went to

contract so we weren't taking crypto yet. the second deposits were coming up and now we're taking indications, very strong indications. i would expect maybe 10-20% would pay in crypto, some of our bigger buyers bought the more expensive units are all people in the crypto field. that's how they made their money , so i know they are going to pay in crypto and in the club , we are the first club in the country to take crypto and we had unbelievable success, especially with the conference last weekend. we brought in a lot of crypto. i haven't seen the exact numbers but my guys were very happy with results and to figure out how to take different coins and convert them into bitcoin, we're just proud of ourselves we were able to be pioneers and at the forefront of doing that because i lot of clubs tried but failed and we had a very successful time with it and we're very encouraged by the future. neil: all right, marc roberts, 11 hotel and residences,

beautiful play in miami attracting all kinds and with all types of ways to pay for it including bitcoin. in the meantime, the battle at the border. no indications as to whether vice president harris will, from mexico, stop at the border, but this notion that she has been telling those in guatemala and mexico to stop coming to the border, that might be falling on deaf ears. griff jenkins at del rio texas with more. griff? griff: neil, i'm in the middle of the rio grande river, that's the u.s. behind me over there, mexico, as a group of migrants taking their shoes off getting ready to cross. we've been seeing it all morning long and we're going to speak to the border patrol chief here about it when we come back. that building you're trying to sell, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you can close with more certainty. and twice as fast. if i could, i'd ten-x everything. like a coffee run... or fedora shopping.

talk to your broker. ten-x does the same thing, - but with buildings. - so no more waiting. sfx: ding! see how easy...? don't just sell it. ten-x it. (vo) while you may not be closing on a business deal while taking your mother and daughter on a once-in-a-lifetime adventure — your life is just as unique. your raymond james financial advisor gets to know you, your dreams, and the way you care for those you love. so you can live your life. that's life well planned.

♪ ♪i've got the brains you've got the looks♪ ♪let's make lots of money♪ ♪you've got the brawn♪ ♪i've got the brains♪ ♪let's make lots of♪ ♪uh uh uh♪ ♪oohhh there's a lot of opportunities♪ with allstate, drivers who switched saved over $700. saving is easy when you're in good hands. allstate click or call to switch today. municipal bonds don't usually get the media coverage allstate the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free, now is an excellent time to consider municipal bonds from hennion & walsh.

if you have at least 10,000 dollars to invest, call and talk with one of our bond specialists at 1-800-763-2763. we'll send you our exclusive bond guide, free. with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income...are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763

neil: all right, vice president harris is telling those who might be entertaining coming to the border, do not. griff jenkins in del rio, texas on early indications they aren't

listening. griff? griff: neil, they certainly aren't listening at least not here in the del rio sector i'm on an airport with the border patrol chief. what are we seeing, are they letting up at all, the surge? >> well so this morning you were with us, this area is called the 40 main, this is 40 main island and you can see mexico and the u.s. here so this morning we had a group of about 50 or 60 and another group of 30. we had 14 cross right here before we stopped the air boat. we had five cross after that, four after that and now you can see another group here, so, these folks are coming across whether we're here or not. they just keep coming. griff: and this group we're looking at right now we saw them take their shoes off and they appear to look like haitians which is what we've seen the last hour. this sector is seeing not necessarily migrants from the northern triangle but haiti, along with venezuela and other countries. >> yes, sir. we've seen groups from 75 different countries so far this

fiscal year. we've apprehended about 125,000 people so far this year, compar ed to about 24,000 last year. big numbers of haitians and cubans and 12,000 or so venezuelans so far this fiscal year, about five or 6,000 cuban s, haitians, so many many different countries, all coming. griff: chief, this seems like this and we're about to see this group cross as well. americans get upset, they say why don't you just get in here and stop it, arrest smugglers, what do you say? >> so you saw these groups crossing earlier and you can see they are carrying babies. we've had folks come across in wheelchairs, believe it or not, with walkers, and so there are some that want us to jump into the river and arrest smugglers when we see people helping them across the river, but there's a lot of danger in that and it's not worth risking injury to any of our agents or to any of these folks to jump into the river to try and catch a

smuggler especially one who might not even be able to prosecute so no loss of life is worth apprehending one of these smugglers. we don't know what they would do if we charged in after them. we majority it have people dropping babies. it's just not worth it. griff: and neil, here in this sector, they tell me how many rescues have you done in this river? >> so far this year, we've rescued about 1,300 people, sadly though, we've lost about 49 to either exposure in the brush or to drownings. it's a very dangerous river to cross. people think that it's easy because they see people walking, in ankle-deepwater but you've got gravel bars and silt bottoms and people slip and people can drown. griff: neil that's the situation here, active, and its been going on all day long. we'll bring you more as we get it. back to you. neil: griff jenkins thank you very much for that. we told you that the vice president has been talking about not going to the border right now, and stopping that trend.

no indications that's happening, meanwhile her boss, the president, focusing right now on the possibility that by early next month, we could be looking at 70% of the american population vaccinated. mark meredith has more on that from the white house. mark? reporter: neil good afternoon. president biden set that goal to get 70% of u.s. adults vaccinated by the 4th of july but when you look at the cdc's latest guidance you see that vaccinations are slowing in recent weeks. the latest data as of today shows that some 53% of adults in the u.s. have been fully vaccinated. the number that have gotten one shot is a bit higher and then nationwide, 136 million people are now fully vaccinated. the white house thinks there's a lot more work to be done. they want a public effort to get more people vaccinated. we've seen the first lady in new york with dr. fauci at a vaccination site. we know that the second gentleman is going to tallahassee, florida on thursday to encourage more people to get the shot. now in march, the president said , if things go according to plan, by the 4th of july, people

be able to gather in small groups, to sell celebrate the holiday with their vaccinations. obviously millions of people are already doing that with the mask mandates coming down. now the white house is facing questions about what happens if it misses its self-imposed 70% deadline. >> i'll also note that regardless of where we are on july 4, we're not shutting down shop. on july 5 we're going to continue to press to vaccinate more people across the country. reporter: regardless of where that rate stands we expect federal restrictions to remain in place, the mask mandates on planes are expect today go on through early september but we have seen a growing call for airlines that want to see the travel restrictions lifted because they say so many of these things are getting back to normal. we'll see whether or not we reach that 70% by the 4th. neil? neil: mark meredith at the white house, thank you, mark. in the meantime rich guys have gotten into space before, but not this rich. not the world's richest human being on earth, rich. after this.

there's interest you accrue, and interests you pursue. plans for the long term, and plans for a long weekend. assets you allocate, and ones you hold tight. at thrivent, we believe money is a tool, not a goal. and with the right guidance, you can get the financial clarity you need, and live a life rich in meaning, and gratitude. to learn more, text thrive to 444555, or visit thrivent.com. in business, it's never just another day. it's the big sale, or the big presentation. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7.

every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. incomparable design makes it beautiful. state of the art technology makes it brilliant. the visionary lexus nx. lease the 2021 nx 300 for $359 a month for 36 months. experience amazing at your lexus dealer. (vo) conventional thinking doesn't disrupt the status quo. which is why t-mobile for business $359 a month for 36 months. uses unconventional thinking to help your business realize new possibilities. only one 5g partner offers unmatched network, support, and value-without any trade offs. [ sigh ] not gonna happen. that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please...

[ finger snaps ] hmm. ♪ ♪ the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. kohler is an expert in bathing, so you can count on a deep soaking experience. are you seeing this? the kohler walk-in bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. everything is installed in as little as a day by a kohler-certified installer. and it's made by kohler- america's leading plumbing brand. we need this bath. yes. yes you do. a kohler walk-in bath provides independence with peace of mind. call... to receive fifty percent off installation. and take advantage of our special offer of no payments for eighteen months. (announcer) do you want to reduce stress? shed pounds? do you want to flatten your stomach? do all that and more in just 10 minutes a day with aerotrainer, the total body fitness solution that uses its revolutionary ergonomic design

to help you to maintain comfortable, correct form. that means better results in less time. you can do an uncomfortable, old-fashioned crunch or an aerotrainer super crunch. turn regular planks into turbo planks without getting down on the floor. and there are over 20 exercises to choose from. incredible for improving flexibility and perfect for enhancing yoga and pilates. and safe for all fitness levels. get gym results at home in just 10 minutes a day. no expensive machines, no expensive memberships. get off the floor with aerotrainer. go to aerotrainer.com to get yours now. neil: as i was saying before, you know, there have been rich people in space before, to make sure they could see the heavens but never had anything like this

, indications that the world's richest man worth about $200 billion in his own space company besides is going to go up in his own rocket on july 20, the 52nd anniversary of the apollo 11 landing to see for himself the wonder of space, and he joins us right now , the theoretical physicist, author of the god equation, and everything, very good to have you. this mission on the part of jeff bezos, what do you think? >> well, i think space tourism is finally coming of age. jeff bezos wants to fulfill a dream that had when he was five years of age and that dream was to go into outer space and yes, you too can join him if you have $3.5 million lying around some place in your house, you can win the auction and get a seat next to the richest man in the world, as you soar 60 miles straight up to the very edge of space. you too could join the astronaut

s of age. neil: that's a royalties on one of your books, michio, you could join them but let me ask you about how this goes it's a 30 minute flight from start to finish, right? >> it's 11 minutes, and in out r space you'll actually experience weight lessness for just a few minutes and then the rocket will land because it is a reuseable rocket, and it has safety features that the space shuttle didn't have and that's where we lost 14 brave astronauts because the space shuttle didn't have these backup safety systems which the new shepherd rocket does have, and its had 15 successful launches right in a row in the past. neil: all unmanned missions though, and explain these safety features. >> well, you know, the space shuttle broke up when it was in outer space, because it had no ejection system. while the new shepherd rocket, three times they've tested the safety system, it's an eject

system which will save the astronauts in case of an emergency problem. neil: so michio, when you hear some of the veterans of space say, you know, tourists, really? this somehow cheapens it. what do you say to them? >> well some people say isn't the money better spent on poverty and global warming, but you have to realize that your taxpayer's money, not one dime of your taxpayer's money goes to funding this program. this is funded by private enterprise. jeff bezos is putting up his own reputation, his own money, his own risk by bank rolling this problem and it doesn't cost the taxpayers a cent. neil: it's going to put pressure on the richard branson and elon musk to follow suit, right? do you think they should? they would? >> they're following close at hand. you realize that jeff bezos on his heels has richard branson, another billionaire with virgin

galactic later this year. later this year, he too will send a rocket to the very edge of space, and elon musk, not to be out done, is selling tickets to the moon. in fact, the japanese billionaire who actually bought out the entire rocket ship, so when elon musk gets his then tourists will be able to go to the moon, and i suspect that one day, our grandkids, our great grandkids, may have the option of honeymooning on the moon. neil: there you go. thank you very much, good catching up with you on all of this , and i've been getting so much e-mail response how it was so nice of you, he says neil i'd volunteer you in a second to go up on that mission just to see what happened. nice, i think. we'll have more after this. >> ♪

they said it couldn't be done but you managed to pack a record 1.1 trillion transistors into this chip whoo! yeah! oh, hi i invested in invesco qqq a fund that invests in the innovators of the nasdaq 100 like you you don't have to be circuit design engineer to help push progress forward can i hold the chip? become an agent of innovation with invesco qqq

. . save 20% or more on thousands of hotels. just book now through june 12th to plan your escape with expedia. expedia. it matters who you travel with nobody builds 5g like verizon builds 5g because we're the engineers expedia. who built the most reliable network in america. thousands of smarter towers, with the 5g coverage you need. broader spectrum for faster 5g speeds. next-generation servers with superior network reliability. because the more you do with 5g, the more your network matters. it's us...pushing us. it's verizon...vs verizon. and who wins? you.

new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today.

♪. neil: all right. i want to pass along a couple covid developments. i wonder what was going on with florida, alabama i didn't see daily covid reporting. they discontinued the practice because offing improvements on the covid front. fiz fear testing its covid

vaccine for kids under the age of 12. that will be the first time there. norway the pandemic there is officially over. doctors saying it is now being called the former pandemic. norwegian for that? all right. so that's that. good news there on that front. we see the great global coming out party, getting back to life at least as we knew it before then. good news for all. here is charles payne. hey, charles. charles: thank you, neil. i'm charles payne and this is "making money." 10-year yield by now was supposed to be well above it%. now it is closer to 1 1/2%. lower yields making growth stocks higher but so far not so much the financial media played tap for the reddit investor and the revolution back in february. since then it has only gotten much stronger. two months ago i said senator joe manchin could be the savior of the republic. he is