>> number 23, how about that. >> my goodness. >> how about that? >> my goodness. very surprising. stuart: ashley, got to leave you real fast. check netflix, still down 37 odd% at moment. closed last night at 348. now quoted at 219. by the way on the call for tesla tonight, musk will be on it. neil, it is yours. neil: stuart, thank you very, very much for that. queer following a tale of two worlds going on in technology land. good thing not all technology stocks are not following netflix lead. as stuart told you that stock is down 37% after announcing yesterday lost subscribers first time in more than a decade, 200,000 of them, weighing on the stock you might assumed levels buyers would say this is overdone, we're going to jump in here. that is not happening. offsetting that is the surprisingly good news we got out of ibm. that stock i checked was up 7 or

8%. remember surprised with revenues on the upside. getting a tale of two words in technology land. we'll go into lot more detail. susan li, what is really happening with netflix. whether this meltdown continues. reporter: i would call it a crash because they're down 40%. this is the biggest drop for the stock since 2004. the fact you had low expectations of 9 markets only additions of 2 1/2 misdemeanor new subscribers, you lost 200,000 in the first three months of this year. neil: incredible. >> this is company we're used to adding 25 million subscribers each and every year. they are guiding we'll lose another two million in the springtime this type of stock reaction, worst since 2004 tells me the market has been surprised and shocked by how negative the performance has been for netflix. as a result. they will cut back on $17 billion in spending they spent on content each and every year. they're blaming ukraine and

russia though. if it wasn't for ukraine and rush that, losing 700,000 subscribers there, we would have added 500,000 new sign ups. neil: interesting. >> 500,000 is what? a fifth what they had guided for, white? neil: they hadn't telegraphed this, right? that stunned the street. we're so used to netflix subscriber growth, growth disappointing. this was just the reverse. i wonder if it's a post-pandemic phenomenon? reporter: that is a good point. i would say for a company with 220 million global subscribers. they say out of the 220 million, 100 million are password sharing. neil: they want to get on that. >> they to monetize how many more people have to pay for their own subscriptions, especially millenials, paying for their own subscription. i'm not pointing fingers at anybody. this is also mean we're at peak

streaming? so much to choose from, hbo max, disney plus, disney plus has 130 million subscribers. they're targeting 226, 230, in two year's time. neil: look at backdrop, with new streaming service like cnn plus, what is going on with the whole arena whether it catches a cold from all of this. reporter: right. neil: all of sudden growth estimates are not what we thought would be. >> look at walt disney, warner brothers discovery spun out of at&t, that houses cnn plus. you have, it is a whole streaming world and future that everybody is playing for. you have to spend in order to get the eyeballs. i think it has people thinking at what point, what price point do people start saying do i need five of these streaming services? at what price point also do you say, that is enough we're spending on content? it is an arms race here. you have walt disneys of the world. you also have cbs paramount plus.

neil: that's right. reporter: netflix, they're spending, 13 to $18 billion. neil: to your point a lot of people have multiple of services, right? >> yeah. neil: idea would be cheaper than cutting the cord or relying on traditional tv, satellite. a lot of people crunch the numbers, that gap is narrowing to the point i kind of like, you know what i'm getting via the cord. i wonder if the math is as favorable as it used to be especially for people who do get the multiple services? >> i think cable packages are still expensive. you're paying for channels you don't really watch. talking about $200 a month here. at some point when you have netflix raising the prices by 20% to start off this year, people are saying okay, well i have better choices here which charge 10 bucks a month or nine bucks a month. neil: why don't they do, peacock is trying to do. reporter: free ad supported? reed hastings. neil: reed talked about it. >> this is what he is fighting against for so long.

netflix is not a new company. went public in 2002. reed hastings said i don't want to bring in ads, i want subscribers, recurring revenue. because of a huge catastrophic miss, all of sudden reed hastings is rethinking its business model. i will note netflix made money. for a while profitability was hard for netflix to do. did you happen to see who weighed in on the debate, did you see elon musk about the content, the woke content. neil: there is a lot of it. reporter: there is a spacex documentary too. neil: netflix design is maybe how repetitive it is. you can go in, i see, netflix is unwatchable, the world's richest man. redundant, here are new offerings. here are the documentary genre, might be new offerings, because it is duplicative. i love your offerings and all, you make it seem like there is a

lot more than there is there. reporter: there is a ton of content. i think they need to work on the the on algorithms suggest what you want to watch. how can you spend more time watching netflix, paying 15 bucks a month with all this. you know who is hurting? bill ackman. neil: absolutely. reporter: what did he call it during the depths of the market in 2020? neil: guys like that might be proving prescient. reporter: he lost $100 million. neil: earliest guys did. i think jury is still out. a lot can be done with designing the whole package because there is a lot of redundancy. reporter: maybe too much content. neil: deceptive. gives you appearance there is more content than there is, ample to begin with. you can find the same movie or documentary under multiple, multiple categories.

i find that extremely annoying. i like documentaries. here are the documentaries. i find they pop up in educational, drama, reality drama no, no. i don't like that. reporter: you're certainly stranger things kind of guy. neil: not quite. reporter: algorithm needs to be improved. they don't have an add supported technology platform. if reed hastings is serious they need to be building. neil: going after people with the passwords. that could really you know, backfire, right? reporter: everybody has ad supported model. disney plus has one this year. neil: give people a choice. they don't want it, they won't do it. very well nicely laid out. susan li on that. meanwhile we mentioned his name, elon musk, the drama what is he going to do with the plan b bid with the bid on the table for twitter. we know he is going to it. we know he will up his personal cash portion. he is also talking to key investment banks about them kicking in cash. one thing i noticed about

billionaires, they didn't get to be billionaires recklessly spending their money. they hold back. they like other people around them to spend money before they do. kelly o'grady following all of that in los angeles. kelly, what's the latest. reporter: neil, definitely the twitter takeover battle continues to heat up. the board is expected to rebuff elon musk's offer and so uncertainty is really increasing about the company's future. that is playing out in the stock today. twitter is down about a percent right now since opening as investors speculate what elon's next move will be. i want to highlight tesla stock is trading down ahead of reporting earnings today. elon's fueling that confusion with his latest tweet. just before midnight musk sent out a message, quote, blank is the night. the comment section seems to think elon is alluding to f. scott fitzgerald title, tender is the night that connection comes from reports that musk's next move is hostile tender offer coming the next 10 days. that would allow him to bypass

the board to take it directly to shareholders. if the board rejects the offer they will have to convince shareholders more than roughly $8 a share currently where the stock is. to do that musk has to pair up with other investors. he is willing to invest 10 to 15 billion on top of the three billion he shelled out and needs to fund the deal to circumvent the poison pill plan. he is reaching out to financing partners with number of financial equity firms interesting on the debtside but not necessarily when it comes to equity. to complicate matters governor ron desantis is vowing to hold the twitter board for breaching their fiduciary duty. that it injures florida pension funds invested in twitter. on top of this, it is 4/20, one of elon's favorite days. he affirmed he will be on tesla's earnings call. buckle up. neil: i wonder how many

analogies he is refers to the 4/20 thing. that is pay-per-view call. kelly o'grady in los angeles. let's go to kenny polcari. kenny, i want to kept it to technology. i want to get your thoughts first off on this battle right now for twitter and currency of choice obviously for elon musk would be ponying up, more cash and presumably getting that from his tesla holdings but not all of this. so he will have others kicking in cash as well. what do you make of it? >> going to be interesting to see if he in fact gets others. hear from blackrock, blackstone. they're backing off. they will not look to back him on this. not helping him doing it. which makes a statement about what they think about this deal, what they think about elon musk is trying to do. is it it about wokeness, about free speech. do they want to get involved in that. get down the road. that may be a theme we start the

year from other potential providers of cash, right? that they, maybe they don't want to get involved. how will they be seen if they back elon musk on this potential takeover? i think it will be very, very interesting. i love to see how this is going to play out. clearly absolutely in play now. elon musk is not the kind of person will all of sudden take his ball to go home. because it gets a little bit tough. he will continue to push. i think that will be very interesting. what else will be interesting who partners up with him. neil: absolutely. this talk, as i say morgan stanley might pony up to $10 billion. we don't know. still early. after the bell we'll get tesla earnings and, where everyone is curious as the impact that saw from the shanghai shut down and how much, you know, that is going to weigh on activity at the company. not to mention what elon musk does say about twitter. again it would be presumably his tesla holdings, part of the

currency for this deal. what are you expecting to see? >> so i suspect there is going to be anything there might be a small hit to earnings versus what the street already expects. i think he has been, he has been fairly honest about, some of the struggles, supply chain, what they have done. we saw a couple weeks ago. he managed that supply chain issue very well. this recent shut down over last two or three weeks in shanghai certainly caused a problem. now we have people back to work. they're actually living now in the facility, right? gm is doing the same thing apparently. keeping people living in the facility so they don't go back and forth and they don't interrupt the manufacturing process. this is a wild card. it could go either way. i don't suspect elon musk will come out with any kind of a negative report or such a negative story that we're going to see you know, a netflix type reaction in tesla at all. i don't think that will be the case. if we see some weakness, maybe,

but look, we're almost sitting right at support, 9.71 is near-term support. 952 is the support after that. i think it holds. look, tesla, tesla investors are almost cultish, right? they are just in love with elon musk and they understand the role we're in. i think the thing you have to worry about what is the competition for tesla doing? ford, general motors, other strictly ev companies? tesla no longer will be the sole ev provider. that will be the kind of thing where investors will start to hear maybe some more netflix-like competition from these other providers. i think that is what you have to pay attention to. neil: i always wonder with tesla, kenny, whether you and i are old enough to remember this. beta came out first as digital tape standard t was beaten out by something that was considered far less impressive, vhs. even though it was first to the party and we know how that worked out. we know how they both worked

out. they both went the way of the pony but i am curious as to how tesla then holds up in the face of what could be these increasing, you know, more pricey offers for twitter? what do you think? can they both hold up in the face of that? >> well, listen, i think tesla itself will come under some pressure if the numbers start, 54.20. if he raises that bid, depends how much of that he has, how much additional he is going to add, what will that do to his holdings. a lot of that is still very unclear, right? maybe he comes up with a plan with a consortium of people and he doesn't have to come up with nearly 10 or $15 billion more of cash from his tesla holdings. that is unclear. one way or the other again i think tesla investors are cultish about elon musk they will support him. even if he is selling stock plenty of people will jump in there.

will they go lower, sure. will it crash the way we see down 35% for netflix? i don't see that happening at all. neil: great catching up with with you kenny polcari, slatestone chief market strategist, good reader of technology. hate to talk about nasdaq technology investors it seems to be a unique situation going on with netflix. we see ibm, a traditional company in technology land doing quite well surprisingly on revenues. think about it, a new darling netflix, that is a dog. a dog of the dow in this case, ibm is a darling. the whole world is upside down. we'll have more after this. caution. vehicle electrified. contact results in rapid heart rate.

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>> mr. president, should people continue to wear masks on planes. president biden: that's up to them. neil: that was yesterday, the president saying it is up to folks whether they really want to go ahead and not wear masks on planes as is now the case since a judge overruled the cdc for going too far pushing this point. now the justice department plans to ask for the mask mandates to be reinstated again, if the cdc approves but since the cdc was pushing this anyway, likely to approve it. so the confusion ensues,

depending where you are, what airport you are, you either have to mask on or off but shouldn't throw it away. grady trimble is at chicago o'hare on that. reporter: neil, people just want a clear answer on this, and the president didn't clear up the confusion when he said it is up to travelers to wear a mask all the while the cdc recommending you wear a mask the possibility of a doj appeal, they kicked it over to the cdc if they think the masks are necessary. it is confounding to travelers. this time seems different from previous times when we gone from masks on, to masks off, to masks back on but they're still left wondering what's next. >> i doubt it will change. i think people are sick and tired of having to wear a mask and be so careful. >> i think it is going to be hard to bring it back after it

has you know, struck down, like in terms of people cooperating. like i say, it will be kind of a mask -- reporter: a mess. you notice that lady wearing her mask hanging from her ear. she did that because she wasn't sure if she needed to wear a mask at o'hare because this time yesterday masks were still required in the airport even though they weren't required on the plane. at newark, for example, you don't have to wear a mask but at laguardia and jfk across the hudson river you do still have to wear a mask. here in chicago the rule changed yesterday. salt lake city, los angeles, and a few others among those still requiring masks. then it also depends what public transit you're taking whether you wear a mask or not. but i will end with this, neil, it doesn't seem like air travel has been impacted one way or another because of this decision. from what i've noticed today, it is a about a 50-50 split. fewer people than yesterday wearing their masks and air

travel right about two million people across through tsa checkpoints across the country yesterday. so that number holding steady despite all of this confusion. neil? neil: just to be clear, grady, where you are at chicago's o'hare, masks are optional? reporter: i'm not breaking any rules right now, that is correct. governor made it official yesterday. neil: disappointed because i was going to said, grady is not wearing a mask! reporter: that was yesterday. i was breaking the rules yesterday but i didn't even know it. neil: all right, my friend, thank you very, very much. maybe i will succeed getting you arrested tomorrow. grady trimble following all of that. grady would be in good shape and good form at tampa, florida, international airport. the ceo of that airport joins us right now. by the way there they did lift the mask mandate. no ifs, ands or buts about it. joseph good to have you.

what is reaction, depending on the airport and flyers they're confused? >> thank you, neil, for having me on the show. at tampa international airport you don't have a wear a mask. we stopped that yesterday after guidance from the tsa. and, we see our passengers seem to be very happy. we only see about 5% of our passengers are wearing masks these days. they all seem happy. they're smiling, enjoying themselves and things are good here in tampa. neil: a beautiful neck of the woods. that is putting it mildly, joe, i'm curious too, if the justice department succeeds getting this overturned per cdc recommendations, since the cdc recommended we needed to extend the mask mandates i can't see them changing their mind, no matter what this florida judge said, how do you deal with that? then all those mask requirements are all rhee imposed, right? >> well, i'll tell you, i will take your advice. i'm not throwing my mask away

but i think it would be very difficult to reinforce that, reinstate that honestly. once you let people have that freedom, i think it's a freedom, that people enjoy, they're not going to want to go back to the old way. so i think it will be tough to reinforce that. neil: so, it is obviously not affecting travel. your airport is packed, we're seeing this acrossair ports, whether there are mask requirements or not. i imagine you don't expect that to change? >> no. i mean our traffic is very, very strong. neil, we were just coming off of a spring break that was larger than our pre-pandemic levels. our summer is booked solid and i think i'm going to see a great, great rebound in traffic. neil: i think you're right. my son was part of that, by the way, joe. we still haven't heard from him. that was a couple weeks ago. so if you securely-haired kid running around the airport, phone dad. joe, thank you very, very much.

great to see you. congratulations on all that good news. by the way pass along news out of the san francisco federal reserve president mary daley, i believe she is a voting member of the open market committee. she is worried about inflation. in some remarks it remains the fed's premier concern inflation, inflation, inflation. she could have said it once but by saying three times inflation is a big word. anyway she goes on to say the foal is to get 2% inflation. we're not going to make it this year. in fact it could take up to five years to get to 2% inflation. in other words raise rates enough to force prices down to get there. so again, she is in that aggressive camp it would seem to raise interest rates to the point you can force pricing pressures down but in her estimation will take some number of years, up to five years to do so. that might bum people out if that is the forecast.

meantime this push right now to forgive student loans, it is up to 3 1/2 million, more like 3.6 million kids who would benefit that could go much higher because they discovered a little detail in a plan and program few years ago, exponentially raise number of kids and parents who can walk away from those loans. after this. ♪. ♪ i may be close to retirement, but i'm as busy as ever. careful now. - thanks. -you got it. and thanks to voya, i'm confident about my future. -oh dad, the twins are now... -vegan. i know. i got 'em some of those plant burgers. -nice. -yeah. voya provides guidance for the right investments, and helps me be prepared for unexpected events. they make me feel like i've got it all under control. [crowd cheers] because i do. okay, that was awesome. voya.

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♪. neil: never mind the fact that congress could change hands, all of sudden now the student loan forgiveness will not pop up, all of sudden will not be an issue. right now the administration has dug into some rules and regulations put in place i believe during the clinton years that would allow it to forgive more student loans and i'm

talking students well into being parents of college kids themselves today. it is an interesting wrinkle, something that could grant loan forgiveness upwards of 3.6 million kids and their parents. hillary vaughn is following it all on capitol hill. hey, hillary. reporter: neil, well these things are being made by the department of education to a program that millions of people are a part of. the program is the income driven repayments plan. the federal government offers for borrowers which lets people pay a percentage of their income for 20 to 25 years. after that, the remain remaining debt is paid off. sounds like a good idea in practice it has not worked out by most people. national consumer loan center 8 million are in the income driven repavement plans. total number of borrowers who received cancellation is 32. no, there are not digits missing from the number. just 32 individuals have received the loan cancellation promised through the program.

so that's not a great track record for the program aimed to help millions. top republican on the house education and labor committee, from virginia, told fox, program brainchild of, expanded by democrats turned out to be a complete disaster and taxpayers are forced to foot the bill for these mistakes. color me shocked. no matter who was to blame, the department of education is trying to fix it. they're making changes so they're accurately keeping track of payments. they estimate about 40,000 people will have their debt canceled as a result of this change and 3.6 million more who were inappropriately forced into forbearance will receive three years of credit towards eventual debt forgiveness. there are still 40 million people with student loan debt, totaling $1.6 trillion. democrats still want the president to give forgive it all. senator elizabeth warren on podcast, a key issue to getting

democrats to turn out in november saying this, the president can do it. i'm very, very hopeful he will do it before the election and remind everybody in the country first that he fights for them if he does those things, then by damn we need to show up to be ready to vote. white house press secretary also said that, at the end of august they're ultimately going to make the call to extend the payment freeze for student loan payments, or, decide to can he l it completely, great timing in the lead-up to the november election. neil. neil: how do they plan to pay for this? reporter: they make the case this is going to cost nothing but as we've reported on your show, that is ultimately debt that the federal government was counting on being repaid. so even though it worked into the overall federal debt that the government holds, they were expecting to get some of that paid down. so ultimately that means the debt is going to be higher down

the road than the federal government was betting on. neil: bottom line, taxpayers pay for that. that's the end result. reporter: yeah. neil: hillary vaughn, thank you very, very much. what impact will this have on young people still paying off their loans? we would thought we would ask kat timpf, mike gunzelman, two big stars here at fox. kat here first, i don't want to get personal with you student loans and all of that. a lot are be to forgiven would you like in on the gravy train? >> i would have liked in on it years ago when i had student loans and made the decision not to go to columbia journalism school because i did not want to take out that kind of loan i wouldn't be able to pay back $80,000 on a entry level journalism salary. neil: you're a big star now. you could have easily done it. >> i did internships. i waitressed, did it all that way. i didn't have the money. i made the decision. that is conversation we need with more young people. it is not always worth it to

take out the massive amount. there are other ways to do it. and the problem with the word forgiveness or cancellation it is not really accurate. someone else is paying for it, other than the person who took it out. neil: young people like yourselves down the road whether you take advantage of it or not. gunz, what do you think about this. >> this might surprise you, i loved college. i had an absolute -- neil: i want to do the fox alert here. i don't know if we can get it so fast. it goes something like this. >> i had so much fun. there it is, great job. but student loans are the worst. student loans stink. you're coming out of college already behind everybody else in the race because you have to pay up for it. talking 15 years. i just paid off all my student loans from fordham. i worked two jobs plus. neil: are you angry, gunz? a lot of people might have gone to with you, they might get a pass on this. >> yeah. it is frustrating.

understand, listen, i was struggling before i came on, if intention here even noble? is it good? i would like to help out people need assistance or help to get to college, but the system is broken. if you want to overhaul the whole higher education system, good luck, but this ain't it. this is not the solution. i understand people like, oh, it is not fair i have to pay back student loans. guess what, i now, who already did that, might have to pay more down the line because of you. that is the argument that we're going to see right now. neil: sense a lot of anger coming from you, gunz. so, kat, the other issue here is, it feeds the beast, doesn't it? if you forgive student loan debt. you encourage more lending, you know, cost of the product, you're getting the lending forgoes up. we've seen tuition, room and board across america, triple the inflation rate. i don't know triple the present inflation rate. it only makes colleges more

expensive, doesn't it. >> exactly. as the government has gotten more involved in higher education we've seen the prices of it skyrocket. and the idea okay, let's get more involved, not sure that will do any good. pumping more and more money into the economy method has not worked out in terms of inflation as you pointed out. this needs to be fixed. it will not be a little small bandaid like this. what you're paying for college now versus what you get, the cost benefit just isn't there the problem, that is unspoken that we can't have that conversation, that any amount of money you take out in a loan to further your education is always a good idea. that is not always a good idea. it would be better work along the way, get internships, rather th be saddled with this debt for decades without paying it off. neil: i can see it, if you have a path to wall street, gunz, versus working, i don't know in journalism. it depends on the journalism

you're practicing. my point is aren't people looking going forward, sure i will take out a loan because i have no intention paying for isn't. >> exactly. they're setting the bar to fail right now. i truly believe this is a political play. nobody cares about covid now, the environment, until gas prices are five, 6, $7. student loans, canceling the debt will be a big political play. i talked to a couple of my democratic friends campaigned too on this issue, supported candidates that are really for this, wiping it all out, they're right now angry themselves at the democrats for not giving, for not following through on their promise. so i think that as we get closer to the election season, keep an eye out on this because they're desperate for the youth vote. what better way to do it, hey, all your loans and debt is gone. it is going to happen, definitely. neil: yeah i think younger people are much smarter than that. >> hopefully. neil: i'm talking to two right now.

guys, thank you both, thank you very much, i do appreciate it. if you do have the loans foregeoff inch, take some of that savings go to disney maybe while you still can. in the case of disney world, the way things are going, they might not be in florida for long. i'm probably exaggerating, but goofy. ♪.

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♪. neil: all right, you know at disney they're fond of save saying have a magical day, happiest place on earth, they're always smiling. i haven't been there lately to see if they're still smiling because there is a little tension convention going on with the magic kingdom, orlando, disney world to be specific, florida governor ron desantis as

it were. ashley webster on the friction being caused between mickey and mini. what is going on? reporter: not always most magical place on earth. who would have ever thunk, the mighty disney, engine room of central florida's economy would be in a pretty nasty fight with the governor of florida, republican ron desantis. that is where weigh are. generally disney does the stuff behind the scenes. it has long been a player in state and local politics in the state but always done it behind the curtain, often playing both sides depending on the issue. the only issue disney is ever concerned with is the bottom line. why this reedy creek improvement district that the republicans are threatening to take away was a smart move by disney in 1967 when it was signed. 25,000 acres, four theme parks, 40,000 hotel rooms. guess what, disney gets to run

the whole shebang. the question could they really lose these special privileges, could it really happen? well the answer is yes. florida lawmakers could take up the issue as early as this afternoon. there seems to be a lot of momentum towards doing it, even though disney as we know dominates the central part of the state. want to give you very quickly the economic value of disney to florida, central florida. the economic estimates. $75.2 billion. that actually was in 2019 before covid. but that gives you a sense how big it is. 463,000 jobs, nearly half a million, state revenue of 5 1/2 billion. so there is no doubt that disney has money and influence, but what's different now it is facing a governor who just won't back down. when disney came out in opposition of the parental rights bill, ron desantis said, that's it. you have crossed a line. i need to remind you that you are a guest in florida just like

anyone else. so what are the people saying? observers for, say that disney, it's a lose-lose situation. they double down they're in a difficult situation. they're alienating some of their customer base. now what are they going to go do? but before ron desantis, it's a big win-win. he is fighting what he calls a woke corporation that guys down very well with conservatives and along all of this, neil, he is gaining a lot of political currency. so, you know, not many smiles inside of the halls of disney right now. this could get really nasty if those lawmakers decide to pull the rug from under disney and ditch those special privileges. neil: now i know. might not be the happiest place. ashley, thank you very, very much. ashley webster, what is going on to the magic kingdom. by the way we reached out to mickey mouse to see if he had anything to say. no comment. just leave me alone. i practiced that for a long time. we'll have more after this.

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>> enemy is out numbering us 10 to one. neil: desperate situation particularly in mariupol, where the russian command sent orders to defenders in that city, surrender now, you will essentially get obliterated. they have not surrendered. we won't have i update on the status of that particular battle. we do know on the eastern part of the country the battle is widening as is the terror. griff jenkins in kyiv, ukraine with more. how is it looking there? reporter: good afternoon, neil, the battle of donbas is underway. russia is flooding the eastern battle place of about 300 miles with a lot of forces and they're fighting on terrain they're familiar with. it has been going on eight years in the donbas. the pentagon says the russia estimated 78 battalion groups

with 68,000 troops spread across the donbas region. the pentagon say putin has lost about a quarter of his combat power. attempting to take kyiv where i am, we're taking out logistical problems. the unless of u.s. aid, get how witters and javelins, stingers to that front. meanwhile neil, the situation in mariupol, the situation is dire. tens of thousands of citizens are trapped. the command i had of marines holed up in the steel plant, said they may be facing their last days but a member of parliament spoke to yesterday, says those fighters will never yield. watch. >> they refuse to surrender. they're saying it loudly and they are proving it by their deeds that they will feet. now they can see like 300 spartans, staying and not, saying they will never surrender reporter: and neil, if mariupol

does fall, it would not only give russia the long sought-after land bridge between russia and crimea peninsula, it would free up 10 to 12 battalion tactical groups to then move north to join the eastern front fight. neil? neil: give, thank you. be safe, griff. to dr. rebecca grant, noted national security military analyst. doctor, where is all of this going, particular letter first off in mariupol? can you hear us, doctor? we're having audio issues with you? okay. we'll take a quick break here. big concerns right now is this widens, particularly put up or shut up ultimatum to surrender russians imposed on those still tied down in mariupol. and exactly what the russians plan to do now, that they're staying and they're not surrendering after this.

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neil: the orchestra, confusion. that is the operative word. do you have to wear them. team coverage in chicago

o'hare, to fill you in on that. summer reinstating that. a former us attorney on the legality of challenging that but the justice department looking to reverse that. >> reporter: yesterday you had to wear a mask at the airport but not once you got on a plane. it is okay to keep your mask off everywhere at the airport. more people going maskless today, a 50/50 split. the rules are not consistent and that is causing confusion. president biden shifted his

stance, they can't decide if they are at the airport in new york at laguardia or jfk but if they are at the river they don't have to wear a mask at newark and new jersey. in los angeles you've been able to wear a mask at the airport and the subway in new york. on the l, no mask required. some people can't keep this straight. >> if somebody tells me to put it on, not really wearing it. >> i bought a couple masks just in case to be compliant. >> masks keep you safer. i cannot impose that. it is a free country. >> reporter: the cdc can impose it if the doj appeals the court ruling out a florida. as as of right now the department of justice says if cdc concludes it is necessary

for public health, after its assessment, the department of justice can appeal the district court's decision but for now people seem to be enjoying the fact they can choose for themselves whether to wear a mask, that is hard to take away, but has been done before another settings. we will see. neil: thank you for that. a number of universities are looking at re-imposing masks. delta is going on here. >> we counted 18 colleges and universities forcing students to mask up, these schools stretch from the northeast to texas and making changes back to requiring masks but covid cases picked up as students

return from spring break and some are outraged about this. georgetown university announced masks will be requiring indoor settings until further notice. dozens protested on their campus. they say masks should remain optional. >> to see the smile on your professor's face, being able to follow along, building an academic community, it is in their policies. >> reporter: notably all the schools mandating masks the we showed you a moment ago also require vaccines, georgetown has a 98% vaccination rate among students which is why experts like doctor marc siegel say mask mandates are not needed. for now, they stick with the

mask mandate despite the changes we see in the travel industry, at columbia university and they did not get back to us. neil: the legality of this is the justice department plans to lead an appeal of the judge's decision with a check from the cdc, the cdc recommended, the mask requirement be extended and the judge shot that down. every reason to believe the cdc recommended justice department go through with this appeal. what are the obligations for the justice department appeal, a checkmark from the cdc when the cdc was packed down, for sending the mandate to remain. >> it was interesting the justice department came out

with a strong maybe. and in terms of what this means and how far the ruling goes. i hate criticizing my old employer and they should have known this was coming out. the mask mandate to expiring any event, the cdc sitting on the decision whether to extend it. the justice department was caught completely flat-footed, and the justice department trying to figure out what the cdc wants to do. the president didn't help if he said whatever you want to do is

what we will do. neil: to waive the grounds for an appeal. how much do you do that, a lot of people got the news yesterday, it doesn't go away so fast on top of the confusion. in philadelphia, and other cities. are you prominent at broadway shows in new york, inconsistencies, could reverse itself. don't they way that kind of confusion. >> i wish it wasn't amateur hour right now. they are going to sit in the

solicitor general's office. and evaluating a 59 page ruling by the judge in tampa, and how likely their appeals are going to be, the first round of appeals to the 11th circuit which is a conservative circuit and maybe to the supreme court and this judge clerked for justice clarence thomas. i don't know how much traction the justice department is going to get out of the 11th circuit or the supreme court on this case. neil: does a health body like the cdc, could you have imagined the day it would have such power and influence regardless happy feel about it, federal policy. >> that is what has caught a

lot of people by surprise. whether or not you wear a mask on trains and terminals at airports, on planes, et cetera etc. etc. etc. . i am not so sure, the way the judge wrote the opinion is congress, clearly and precisely, when agencies like the cdc go outside the bounds of those rules there is some politics involved, i grant you that, but when they go outside the bounds of those rules they overstep their authority at a judge can rightly mark that rule or that decision by that agency. neil: how much does that backdrop play into this? depending on the state and locale, nationally it is not

popular, the mask requirement is not popular and a number of states eased back on restrictions and lockdowns because they realized that and this is a midterm election year, it is not imagined. do you think the likely direction, we have our doubts, we want to leave enough that if you are concerned you can wear a mask but we won't mandate it for every one, to cover their you know what? >> great question. if i was a betting man, and this thing was popular by 60, 70% of the people and it is not a mask mandate i don't think, not that popular and a lot of people are glad we got a little discretion the president coming in and pounding on the table and the justice department, would file a motion to stay in

front of the district court before you could turn around and pursue the appeal. they are deciding to flip a coin and see which way the wind is blowing. neil: i had the pleasure of talking to you after 9/11 but there are changes in personal freedoms after that that made this a more intrusive government and we upped the ante of intrusiveness or annoyance for whatever meritorious reasons with mandates and requirements. is that the vestige of this covid experience? >> that is a great analogy. i was in miami when 9/11 occurred and all of a sudden in the blink of an eye you had magnetometers set up everywhere

including courthouses, and had ids and double ids before you can do anything, cameras went up everywhere. and did we overreact. and and hard to get agreement on them. neil: we live in this type of environment where they shout at one another. and and further safeguards meant to be put in place, and never taken out of place. >> what happened to reason and common sense? i preach that all the time.

and reason and common sense, two bad traits, two qualities all of us know we could use a little more of. neil: guy lewis, former us attorney takes a big picture look at this. it is what it is. and take a look at what is going on with netflix. netflix used to be judged by how many new subscribers it was adding every month so only 2 million subscribers. no one expected to lose 200,000 subscribers, there were extending circumstances but right now netflix is taking it down 35%. where are the buyers coming in on the new affordable level.

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neil: a lot of people look at this takeover battle for

twitter, remark on the odd price offering video on musk is giving to twitter shareholders to consider the bid, 54-20. i am thinking to myself the refers to april 20th, the push to legalize pot but you are the richest man on earth, the obsession with pot and marijuana in general and along comes gerri willis to say it is a big news item of that has gotten so big that an ample supply, legalized everywhere and prices are not in sync with that. jam mac >> reporter: you expect prices on every thing to go up, not cannabis, pot, mary jane, why do you think they call it dope, that's not happening. neil: i see what you did.

>> price apart $70,000 like pounds. it is expensive. neil: go ahead. >> that is syllabus level on record according to the california apartment of revenue, they collect taxes on it. may have to do with demand, medical marijuana fell 13% in february of 2022 and so the state is making $22 million less in tax revenue, stakes are high for cannabis growers. neil: you went there. they are pushing it in new jersey too. the revenue you are expecting won't get as much. >> i don't understand how prices can't be spiking. demand is off the chart. neil: they were afraid it would lose its appeal because it is legal. maybe that is what is happening. is there other news going on? >> other news and more jokes.

streaming stocks are getting hammered. after netflix reported it and the first order with 200,000 fewer subscribers than it had at the end of the year previous, the shares are down 34%. because he not as high. go ahead. >> taking of the streamers with it, blame inflation. people aren't getting it anymore. networks raised prices in january. standard plan $1.50 higher than it was, prices for disney plus going up. charlie brady telling everyone people don't want to pay for this because of inflation. . 20 he's what he's a very cheap guy, brilliant, but cheap. what happened to my wallet. >> reporter: one thing to add. i did some research. i called my husband and said what are we paying for streaming? $160 a month.

neil: you are paying more than when you had the cord. >> cordless -- neil: that makes you brilliant. all right, you will be at caroline's. thank you very much and that. another development talking a little about what is happening at the border but what people are missing is the fact there is a seismic shift in the thinking of latinos in this country not only on the border but their political viewpoints. it is fascinating. a good read of how this voting bloc is shifting, don't want to say dramatically more right but a lot less left. >> reporter: it is

unprecedented with a political shift you are seeing, the preferences in the political landscape. bottom line is americans have less cash in their wallets and so do latinos. independent voters shows stuart:% say the economy is going the wrong way. for hispanics it is 78% expressing a negative view. we are having to pay $5200 more for the same quality-of-life as last year and we will pay 432 more in gas, $430 more in groceries, that's the cost of washington. the true cost of people being paid not to work, the war on energy, the reckless spending and unfettered printing of money awash in the economy. neil: brilliantly laid out. what i like about you, talking about how latino voters are not different from regular voters. it does come down to the economy and people tend to

categorize african-americans and other voting blocs. when times are tough prices are high. they react regardless of color the way all humans react, with annoyance and anxiety and that might be reflected in the desire to see change. >> that is right. when anybody goes into the voting booth they ask is my life going to be better in the life of my family if i vote for this person or that person and what they are seeing his current policies are fueling inflation and we should be focused on fueling productivity and creating opportunity. right now, people are fed up with policies like energy band-aids, foreign dependency on energy and we should be focused on energy abundance. we need to increase develop at of cheap and reliable oil

especially in states like texas where latinos have high-paying energy jobs and so when you shutdown the keystone pipeline and get back on the paris accord without congressional approval and shutdown energy leases and permits, you are sending a clear message to the latino community you are not interested in generating productivity. neil: i wonder where you see it going. the assumption is republicans will benefit from this. i've seen in the past with voter constituents if they are bummed with the nominee or the candidate for house or senate they can also just stay home and i am wondering given a core plurality that are democratic and this applies to many ethnic groups, is that core going to change? is that core that is shrinking at least for the democratic base among hispanic voters shrinking?

>> everything shows that. when you pay more for less due to the failed and harmful economic policies of this administration that hurts minority communities you will see that reflected in the voting booth and i say that because in the past i don't think republicans did a good job outreaching and engaging latinos to persuade them and turned them out to vote. that has changed in the last 6 to 8 years, you've seen a lot more investment by the party and other organizations out there engaged with latinos, informing them on the issues, connecting them to the bad policies generating poverty and dependency and moving away from strong america and the good policies we can turn to and we need policy champions who will unleash energy abundance and wasteful spending and remove

regulations that suppress the supply of energy and goods. neil: we can get in the details, for ethnic heritage, times are tough and you are paying a lot, you are going to get pretty annoyed and they are at the annoyed stage taking it out on the party in power. i always learn a lot. thank you very much. meanwhile we are talking about what is happening at the border. it is getting worse as are the number of buses headed to washington dc, texas is saying we are overloaded, washington, you deal with this after this.

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>> reporter: logistically it is going to be a nightmare. we have people willing to immediately go, we are all for it, we are all for moving people. we don't take position whether they are entitled to asylum on not. we shouldn't be playing a bar. neil: where we stand right now, migrants, legals captured at the border make their way to washington dc. expect a lot more of them. >> reporter: quite a busy day in eagle pass. we will show you as soon as we got out here before sunrise we saw migrants in the water crossing illegally over the mixture of single adults and family units. they walk across the river,

come to the us side and because border agents were not of immediately available they had to be escorted by a texas national guard soldier who walked them and they started processing the group and under the bridge, the new group is being processed and the camera will pan up, and migrants expelled to mexico via title 42 and there's the second group of single adult male migrants smiling and waving at the cameras down the road from it. 200 migrants crossed illegally, most single adults, a drain on border patrol resources because they do the paperwork and processing and not just limited in del rios sector. they are dealing with large groups as well. and totaling 468 illegal immigrants, and single adults

as well, border patrol resources out there stretched thin. it is underway as a result of that. and agent and canine partner outcome big time fentanyl bus, 12 pounds of fentanyl. and 85 pounds, same canine. given how deadly it is, and more patrol in del rios sector in recent days. the mexican national had a previous conviction for sexual assault of a child who has been deported we 10 times in the last two years including is recently as last month. stuart: richard fowler, american radio show host fox news contributor, great writer

and thinker, this comes at a time you have title 42, a pretty controversial push on the part of the president to drop next month, the county this morning, one to reverse that. >> the politics here is very rich, the progressive left, repeal title 42 and moderates say there's electoral implications not for keeping title 42 inflation trying to navigate this but to be honest, i always thought this when it comes to immigration, truth be told we are working on old immigration policies, laws written in the 1980s, what has to happen in this moment is for

congress to come back to washington, beyond securing the board how do we modernize immigration when dealing with actual asylum-seekers getting in front of a judge, getting cases heard and deciding if they will be expelled or allowed under asylum. conservatives and liberals have a problem with this, coming into the country trying to see a judge and waiting years to do so. neil: don't know what bugs me more, the fact this back and forth is going on, the time that you were born, that young, that is a little annoying to me. for immigration reform, dating back to ronald reagan or earlier than that, on title 42, it might be a band-aid in the

long-term scheme of things, and what is dealing with this surge at the border, sending them back to the southern part of the border and not our side of the border? >> interesting question. we see the united states act in a way that you come across and we send you back but we we have interesting cases, when 10,000 haitian migrants who if they were in front of immigration judge would qualify under protected status because of two earthquakes and natural disasters. neil: we have a million in the last period so i am wondering as this accelerates and they are talking about getting 25, 30,000 a day, a little more than 7000 right now, it is best to deal with the flood from the other side of the border than our own, right?

>> no question what we see and you could agree with me we have a political football, beneficial for republicans to keep this moving which is why you see governor abbott putting illegal immigrants on a bus and sending them to washington dc for the politics and photo opportunities but on the other side democrats want to say we need to fix immigration and as they play the political football guess who is stuck in the middle, americans who feel at the border. neil: by not stressing this problem or what is happening at the border and talking comprehensive immigration reform democrats looking as clueless as republicans, might be looking zealous saying by not even acknowledging the extent of the problem are they part of the problem? >> i think that is a very accurate assessments. we have a clear acceptance that

there is a problem on the southern border, where their hands are tied is to your point title 42 is a band-aid. at sometime the cdc will reverse that and we go back to old immigration laws from the 1980s that have a backlog, resources on the border and we get into these talking points, should we build the wall or have a drone when the truth is the answer, upgrading our immigration policies so they look like the united states. when we created immigration laws iphones didn't exist, now we have the internet, iphones, the meta-verse and dealing with immigration laws prior to all of that. this is where technology can play a role in tamping down immigration at the border and finding a way to have an immigration process that allows folks living in the shadow of the united states to get a pathway to legalization and those who want to go across the

border benefit from america's freedom. neil: by ignoring it i don't know if that is the case but it is still early on. springs eternal, both sides flamed the fire around this issue. i want to thank you. we will see where this goes. hope springs again. there's the controversy over title 42 but democrats are on defense on the issue of crime as well. what is going on? >> democrats know the crime is a problem for them this fall. democratic congress has failed to produce a bill to address one of the nation's biggest topics, that's why some have called for a reboot on crime. she has taken steps to side with law enforcement and distance herself from those who want to defund the police. >> will voters hold members of the other party accountable for not denouncing a violent

insurrection where police officers were beaten and protesters, insurrectionist, a violent mob tried to stop congress from doing its constitutional duty? >> reporter: lawmakers stumbled last year, following the death of george floyd in 2020, the gop is happy to highlight crime for this year's midterms. >> if i am fortunate enough to be the majority leader we will focus on issues important to the american people, inflation, crime like we have been discussing today. >> reporter: law enforcement is often the domain of state or local government to democrats control the levers of power and could get blamed. >> may not be the response but the citizen on the street, we know all crime is local. these individuals are looking at lawmakers in washington dc or the congress for clear

guidance. >> reporter: democrats are trying to portray the crime puzzle is a problem for guns, a lack of tough prosecutions, by liberal prosecutors. neil: the russians in mariupol are saying you are surrounded, all you defenders. they did not. we haven't heard but we will after this. (vo) while you may not be a pediatric surgeon volunteering your topiary talents at a children's hospital — your life is just as unique. your raymond james financial advisor gets to know you, your passions, and the way you give back. so you can live your life. that's life well planned.

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neil: the land war in the eastern portions of the country but mariupol is a constant attack center for russian

soldiers who sent ultimatum, for ukrainian forces to surrender. hours of gone have gone by since the deadline, we don't know their fate or what russia has gone. an intelligence officer, drone expert, and what you think happens now, these people are not giving up, with ukrainian fighters. what is happening now? >> true heroes, the battle for mariupol continues and they will fight to their death, they made it clear, russian forces completed their regrouping of troops to launch the second phase of the offensive in eastern ukraine, ramping up new attacks but don't seem to have fully gone all in as forces are

consolidating in the east as we speak, artillery strikes, airstrikes significantly in the last 24 hours, and fighting in areas near dnipororudne and areas that are clear from this up until now. the front line is mariupol, donbas, massive fighting taking place across the country in the east despite the relative calm we've seen. there is the ukrainian unit we've been getting medical supplies to the already suffered a 40% casualty rate in their unit. these battles are ongoing and devastating losses on the ukrainian side but people need to understand there are major battles taking place, they are protecting the gates in europe and these troops on the front line need all the help they can get. there hasn't been a major shift in the russian front line since this phase but there's the

possibility the russians are able to gain ground through heavy concentration of artillery, shared numbers, concentrating on holding the terrain but they have yet to address what caused these losses, the coordination, inability to conduct cross-country operations, low more rally and the weather is a big issue, very dangerous on both sides of it but definitely to the disadvantage of russia in eastern ukraine. >> reporter: of russia locks down the east doesn't take another crack at kyiv, with that momentum, they've got what they want to follow through and take down the capital? >> that is unfortunately the case. we should be prepared for this war to continue over the long-term. i don't think russia will let up anytime soon. the second phase will go into a third phase of the operation.

we are getting more information that russia has been recruiting foreign fighters funneled into parts of russia for training and these fighters on the battlefield doesn't count against russia numbers but 40,000 of these syrian fighters registered with the wagoner group so there will be a second phase and ukrainians are fighting strong, there morale is high and this whole instance where they are trying to demoralize them through massive attacks in mariupol, worked against russian forces because the ukrainians have even more reason to fight back. russian tanks are driving around the city blasting holes in civilian apartment buildings and other infrastructure for no reason, don't even have anyone left, trying to wipe places like mariupol off the face of the earth, 100,000 civilians are trapped in the city, 22,000 have died already and folks with no electricity or water or

medicine, trying to get there as fast as we can, cruelty from the russian forces will reverberate. stuart: looks like you are right. we look at the fallout from all of this. the international monetary fund has taken look at this and you look at ukraine, it is affecting you. for years to come. after this. like how i customized this scarf? check out this backpack i made for marco. only pay for what you need. ♪liberty. liberty. liberty. liberty.♪ your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire

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to join the over 2 million people who have found the right way to lose weight and get healthier with golo. neil: oil prices, not too crazy but perspective is everything, you would say what are you smoking? it is none of your business but i am kidding. not really rattling equity traders, 370 points. and economic activity worldwide, keeping a lid on things. >> if you look at the market trying to digest two stories.

demand numbers were still pretty decent, improving week over week but if you look at the inventory a totally different story. we had a historic day when it came to us energy exports. believe it or not the us exported more oil and gasoline than they ever have before this week so we are doing our part to help europe meet some supplies. the strategic petroleum reserve released a bunch of oil, 5.7 million barrels a day. for us energy producers are doing their thing to really feed the globe and that is when i went to see energy producers be a cog in the wheel that helps the global economy. neil: this reversal on the part

of the biden administration to see the effect of this move to open up a tad more loyal, what do you make of it? >> they are reducing what this perspective wasn't under the biden administration, the first administration we haven't released any release so it might be too little too late, got to love it because he is opening federal lands for green energy. you could see a wind firm on federal lands. neil: thank you very much. the former first deputy managing director put out a study that shows global growth slowing 3.6% this year, about a year ago, double the expectation. it is all ukraine or there are

other facets to it? >> thanks for having me, great to be back. 3.6% growth rate the imf is projecting in 2022. it was projected in january. if you think of that those numbers sound small but this is a matter of a 20% year-over-year slowdown in growth. is that mostly ukraine? yes. the things that have driven the forecast from january to april is largely the war in ukraine. there is a sharp contraction of russia, 8% of gdp falling off, ukraine falling off a cliff, 35% at least of the economy, contraction of 35% and the drag that will have on other countries through the commodity price shocks, energy price channels, supply chain

disruption in the links that russia has are very relevant. of the 20 i have been thinking beyond ukraine to china and shanghai, a few more were allowed out of their homes, 7 million by last count but that leaves 22 to 23 million still in lockdown and a lot of factories yet to reopen. we might see the evidence how it impacted tesla's numbers after the bell because there china production and buying audience has been shut down as well. how much affect those china do that on all of this? >> lots of basic materials production, value-added manufacturing, 0 covid policy of china is not growth positive for the world, those supply chains are once disruptive it takes a while to resettle.

it is accompanied by high inflation and the 0 covid policy and supply chain adds to a high inflation we are experiencing and the lesson we are learning is it persisted for this long and has gone this high. many things driving inflation are policy choices so there are many choices policymakers can take to control is in china but also in the united states with federal reserve to contain inflation and t neil: we hope. good reminder to all, the former first deputy manager director of the imf and assistant secretary of the treasury, he knows of what he speaks, we will have more after this. we discover exciting new technologies. redefine who we are and how we want to lead our lives. basically, choose what we want our future to look like.

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neil: all right. we've got about 10 seconds before my buddy charles payne. leaving you the dow up 340 points a lot of crosscurrents stuff. to you my friend. charles: dow, nasdaq, s&p grinding it out. we got it from here. good afternoon, i'm charles payne this is "making money." breaking right now, all eyes on netflix as the stock continues to crash back to earth after 20 years in orbit. there are so many lessons for investors. this one particular story, the good news, folks we will share them with you today. be ready to earn and learn. meanwhile the market continues to act a lot better. important proxies for building upside momentum. is this the right time to buy you? know i have the right guests to help you there.