invasion in history? 112,000, number four. stuart: i was going with 91,000. what is the answer? number two, 73,000. 83,000 british and canadian troops joined 73,000 americans. the battle for norm nan did i lasted three months, june 44 to august of 44. time's up for me. neil, it is yours. neil: stuart, thank you very much on that. we're getting word in on back and forth between twitter and elon musk. elon musk you might recall earlier today there is possibility they could terminate the merger agreement because he is not entirely sure twitter has been on the up and up exactly how many customers it really has, how many are actually using the service. i could get into the weeds there. we'll follow it a little bit later. the stock is dipping on just that news. twitter out with a statement says, the company has, will continue to cooperatively share information with elon musk to

consummate a deal in accordance to the terms of the merger agreement. the operative, accordance with the terms of the merger agreement. reminding the world's richest man we have a merger agreement. they say the agreement with elon musk is in the best interest of all shareholders. it tends to close that transaction with musk and enforce the merger agreement, again to enforce the merger agreement to agreed price and terms. all of this coming at a time when elon musk seems to be having reservations about that deal, whether this is just sort of trumped up way to get out of it cynically you could look at it any which way you want you about to say it is not a sure thing. we're keeping an eye on that. we're keeping an eye on amazon trading for the first time today after that 20 for one stock split. you're not looking at a typo. if we show amazon shares, they are trading $126 a share, representing a 3% climb.

it was trading over $2,000 a share but when you slice that by 20th, those become your operative shares, it doesn't change the over all value but a lot of people are drawn into that, if they get a stock prohibitive to buy at $2400 a share, get it at $125 a share, it seems more affordable. getting same thing when all saved and done but in the eye of the beholder. we're looking what is happening in washington how that could affect back and forth not only with technology but lots of other stocks. edward lawrence with the latest as the president now tries to deal with americans who are very, very concerned about inflation, very, very concerned about what he is going to do if anything to deal with all of that, edward. reporter: here is some answers from this president how actually things will work to get down inflation. while president joe biden now focusing on china to reduce inflation here in the u.s. the chinese have been trying to get the tariffs that were imposed on their goods coming

into the u.s. by former president donald trump in 2018 removed almost from the day they were put on. now the president is asking the commerce secretary to look into doing just that with no agreement from the chinese that their tariffs on u.s. products going into china would come off. listen. >> i will say it depends on what we're talking apout, on what kinds of products. so, for example, steel and aluminum, we decided to keep some of those tariffs because we need to protect american workers and we need to protect our steel industry. that is a matter of national security. there are other products, you know, household goods, bicycles, et cetera. it may make sense. reporter: the president is removing tariffs on cambodia, malaysia, thailand, vietnam for solar panels. he says he has the legal right to do that under the emergency part of tariff act of the the president is invoking the product act that american companies have what they need

related to solar industry. the thing is most of the componentscom from china. the republicans say the president's policies hurting u.s. >> again the biden's policies weaken the united states. what is your growth this first quarter? it was like minus 1.4%, but china's was 4.8%. did the war in ukraine not affect china or other countries? reporter: president joe biden has not done a one-on-one interview in 117 days. that streak ends on wednesday when he does a interview late-night tv with jimmy kimmel. might not be hard-hitting though. we'll watch that. thank you, edward lawrence. let's go to mark meredith with gas prices hitting a new high, $4.897, that is all young mark meredith has known in his life, competent sensitive life. i can remember a time when i was his age it was a heck of a lot lower than that. reporter: did they have cars back then? neil: i had a feeling i set you

up for that. yes they had cars. the wheel had just been invented. i would know these things. what is happening on this front, right now americans are saying we'll explore that a little later mark, that it is out of control? reporter: neil, good afternoon to you. the president admits there is little he can do quickly to bring down the cost of gas but we're hearing from democrats across the country, without any action political consequences could be dire. $4.86 a gallon but drivers in some states are paying a lot more than that. prices are a bit lower in the south and midwest, look at some other places, places like california where prices are hard to believe at 6.34 a gallon. neighboring arizona above five dollars. illinois is paying more than $5.40 a gallon for gas. "abc news poll" released over the weekend 40 peers of people think price of gas extremely important in their point for

their vote in november. republicans writing joe biden forced families across the country to empty their wallets to fill their tanks. democrats on state level is pushing their own plans. governor gavin newsome wants to give car owners $400 rebate but they are still fighting who should be eligible. new york gas tax suspended through the end of the year. that saves drivers at least 16 cents a gallon. north carolina where democratic state lawmakers are pushing for 200-dollar rebate to help drivers handle costs. democrats are are not in the majority of state legislature but unclear how far these changes will move. democrats are not waiting for washington to act, especially, neil, with the midterm elections looming closer every day. neil: thank you, son. mark meredith following all of those developments. putting this in perspective

mark, did a great job of that, neil, what was it like during the last energy crisis? that is how they refer to me, great look-back historian here which is code name for being popeye or like noah, i would have some remembrance of that. normally during a energy crisis, we only have a couple to go back to, prices quadrupled from their lows. if you buy that, if you buy that, we were around $2.30 a gallon when the president first took office, we could conceivably get up to north of $9 a gallon right now. to put that into perspective, for example, before the opec emembargo in 1973, gasoline prices were hovering 36 cents a gallon. that is rough equivalent of around a buck 72 in today's dollars. it shot up though to $1.19 a gallon. wonderful equivalent of about five dollars in today's terms

here. so as you can see, we have a long way to go in we're following historical precedent. going back to the first oil embargo in 1973. follow-up opec embargo which was not a embargo outright energy crisis in late 1970s, quadrupling prices everything that goes along with it. everything going along with it worrying a lot of folks here, like 83% of americans the state of the economy is poor and could get a whole lot poorer. larry glazer, jonathan hoenig are with us. none of these gentlemen were born at the time. i'm sharing my wisdom with them. jonathan, if we follow that tis tore call precedent there, is much to go on, we've had two large energy crises to go by, we have a long way to go here. are you worried about it? >> neil, important point to remember is energy is number we follow and commonplace number

everyone knows. not just energy has gone up. everything has gone up. this is inflation. this is wrecking the economy, neil, hollowing it out from the inside. it is not paying higher prices. a famous economist said what is seen is obvious, but unseen lack of investment. elon musk talking about cutting jobs, worried about the economy and joe biden is basically making fun of him, go up in your rocket. the fact the economy is hurting. this is more like long covid than cold inflation. this is the number one culprit hitting the economy number one question and it is not turning that around. neil: larry i could turn that around, are we overcrepe hanging here that this is the '70s again living through that? i don't know if i told you i lived through that i remember a lot worse conditions, stag part of it, weakening economy was well-entrenched along with the higher prices. we might get there with the

underlying economy right now but i'm arguing with the job growth we're seeing it is slowing, don't get mee wrong. it is nothing like we experienced back in the '70s. could get there but i don't see it there yet. what about you? >> neil, unfortunately what happens in china right now doesn't stay in china and what we're seeing is, imagine that the chinese shutdown may have actually been joe biden's best friend because if they had been open, had tens of millions of chinese consumers on open road, imagine how much higher gas prices would be today. the u.s. consumer would be in a world of bigger pain. if we learned anything of this, five dollar gas takes the joy out of the joyride this summer. we've got to recognize people want to get out, neil. they will do whatever they need to do. they will go, travel, stuck in the house. come fall the bills come due. energy reverberates and higher energy prices are tax on consumers. it is regressive tax.

it hurts those that can afford it the least. everything we buy feels it. interesting talking about the '70s, i remember sitting in the back of my dad's oldsmobile tore gnawed dough, that hurts everybody. people worried about the food prices gas economy, it will show up in the voting booth come this fall. neil: jonathan, that experience not withstanding, americans who larry's point are still buying things, are still taking trips, still having fun, packing movie theaters like for the top gun movie, why beyond me i digress but they're still doing that, i wonder does that completely stop in the fall? do you see that happening? >> well, i mean, neil, i think as larry alluded to, as you mentioned from the experience in the '70s, the market peaked out. the market is a great indicator

of the overall economy. the market peaked out in late 1960s. it didn't eclipse that level except in the late 1980s. people are feeling somewhat optimistic despite negative poll numbers and negative enthusiasm numbers i'm worried this is not a short-term trend. interest rates, 10-year back up to 3%, oil prices, these are leading indicators says inflation movement is not ending. in fact it is accelerating. unfortunately in d.c. they're doing nothing. joe biden talking about rescinding some regulations on emergency basis. if cutting regulations can lower prices why not cut all regulations or cut all spending? unfortunately we're going in the opposite direction. neil: we have a ways to go. gentlemen, meantime, we'll hop across the pond, look what is going on in jolly old england. jolly after the jubilee. not so jolly about the prime

minister and his political fortunes. his own party, tory party, conservative party in britain right now will hold a secret vote in the next hour or two there to decide his fate. what happens if he goes? after this. ♪ 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.

>> tech: cracked windshield? make it easy and schedule with safelite, whose resumes on indeed match your job criteria. because you can track us and see exactly when we'll be there. >> woman: i have a few more minutes. let's go! >> tech vo: that's service that fits your schedule. go to safelite.com. >> singers: ♪ safelite repair, safelite replace. ♪

you'll always remember buying your first car. and buying your starter home. or whatever this is. but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. we believe that your investments should work harder for the future you imagine. and that's where our strategic investing approach can help. t. rowe price. invest with confidence. dad! a dinosaur! it's just a movie. t. rowe price. no dad, a real dinosaur! show doorbell camera. the new xfinity video doorbell works with your xfinity home system for real-time alerts no matter what's at the door. get off the car... it's a lease! jurassic world dominion, in theaters june 10th. rule your home security with xfinity home.

♪ neil: all right, the jubilee is now done for the queen, her majesty,0 years in power. the good will doesn't necessarily translate to the sitting prime minister of great britain. there is confidence vote among boris johnson among conservative tory party members, secret vote. this goes back to the johnson not really walking the talk on tight restrictions during covid, instead partying through all of that. this represents what they're doing. people are angry at him including fellow conservatives pushed it to a vote they will have vote that he lied to the british people, he shouldn't be in power. i believe the vote will go down during this show, am i right, melinda? sometime during this show. she is couching it which i deeply admire. i'm couching it right now.

let's go to nile gardner, policy advisor under margaret thatcher. you got a good read from the old conservative friends how they are going to go. i can't see them voting to heave him out on his heinie but could be a substantial plurality. how do you see it going? >> neil, thanks for having me on the show. i just got back from london late last night following the platinum jubilee celebrations which were spectacular. they brought the nation together. today this is very divisive vote within the conservative party that would decide the future of boris johnson and also potentially with long-term implications i think for brexit and for the future of the united kingdom as well. after all boris johnson is the man who delivered brexit. we wouldn't have brexit without boris johnson. we will likely have the result from the house of commons today where conservative mps are voting this afternoon. we'll have the result actually by around 4:00 p.m. u.s. time.

so that is just in at maker of hours. i don't expect that boris johnson is going to lose this vote, however. it would require 180 conservative mps, in fact a majority of the 359 tory party mps to vote to remove boris johnson for him to lose. that is a huge figure. i don't think you're going to get that kind of figure but the big question whether or not the prime minister is going to be significantly wounded or injured by you know the possibility of, you know, up 100 conservative mps voting to remove him. that would of course damaging for the prime minister and his future. so anything can happen in terms of the big picture of today's vote. neil: if you could steer me through the whole process. i heard the same thing it would be very hard to get that many members to vote to heave him out but the history suggests that when parties do take up a vote

on rejecting their own party prime minister, the leader of their party, comes under your fine system of government, the leader of the government itself, that it's bad for that party, even if they survive it, much like challenges in this country to existing presidents like lyndon johnson in 1968 or gerald ford in this country in 1976 or jimmy carter in 1980, that they're wounded and it's a fatal political wound down the road. do you think that's the case? >> i'm potentially that is one scenario here and you know, i have to say i don't think this is a good move for britain's conservatives to be talking about ousting boris johnson at a critically important moment for the uk on the world stage when great britain is leading in terms of standing up to vladmir putin over the russian invasion of ukraine and bores boss has been an absolutely outstanding leader. you have the new era for britain, brexit era, new

self-confidence on the world stage. removing the man who actually delivered brexit in the first place i think is very, very high-risk, dangerous move for the united kingdom. also of course without a doubt if boris johnson does lose this vote or if he is badly wounded by it this will be a big victory for the labour party, for the scottish nationalists, for the opposition who have been campaigning for a long time to get rid of boris johnson. this would be a big win of course for the anti-brexit side. and without a doubt many on the left would like to reverse brexit. that is the ultimate goal here. boris johnson is seen as man who embodies brexit. i think stakes are very, very high here. in this case the conservative party could be forming a sort of circular firing squad. this is a very high-risk move and you know, certainly i think that they're are all sorts of paths unintended consequences from these kinds of vote

actually. it is very high-risk i think for the british conservatives to go down this route. i would think it is a very dangerous path actually for the conservative party to take. neil: you know, real quick, i know producer -- i always learn a lot when you're on, nile, i take advantage of it. my mother was born in england, that is not to mean offense you turn on very celebrated leaders? winston churchill cops toe mind. the dust-up with the tory party against maggie thatcher. there is a history of this with brits. what do we learn from that? >> yeah. there is a history of this. of course margaret thatcher was removed by a coup within the conservative party. she never lost a general election. so the conservative party does have a track record, actually, in some cases of following a destructive path. i hope the conservatives do not follow down this path. let's not forget the

conservative party is the oldest, most successful political party in the world but sometimes extraordinary decisions are made by the mps within it and sometimes they remove highly successful leaders as we saw in the case of margaret thatcher. i think it would be a massive mistake for the conservatives to be removing boris johnson who is a big, big winner for the conservatives to remove from power this time. neil: but again you don't see that happening at least today? >> i don't think that will happen today but, but you know, if boris johnson is wounded in some way it is going to make his future certainly precarious. neil: got it. nile, great seeing you again. i'm glad you made it back safe from the big jubilee. nile gardiner, former policy advisor to mag bring thatcher. the brits have this history. imagine the whole win stone churchhill thing, you're out. amazing. take a look at markets. we lost the heady gains.

we're up over 300 points. up barely 300 points. 10-year note has them getting a little bit concerned. back and forth over battle of twitter. we long argued on this show it wasn't a done deal, that maybe, maybe elon musk was getting some cold feet. we might see some evidence of that, at least a battle back and forth legal and otherwise because of it. we're looking at amazon, first day trading in a three digit, rather than four digit range. the stock has split. begun trading now, 20 to 1. right now investors like it although not as much as earlier today. stay with us. ♪ (fisher investments) in this market, you'll find fisher investments is different than other money managers. (other money manager) different how? aren't we all just looking for the hottest stocks? (fisher investments) nope. we use diversified strategies to position our client's portfolios for their long-term goals.

(other money manager) but you still sell investments that generate high commissions for you, right? (fisher investments) no, we don't sell commission products. we're a fiduciary, obligated to act in our client's best interest. (other money manager) so when do you make more money, only when your clients make more money? (fisher investments) yep. we do better when our clients do better. at fisher investments, we're clearly different.

another crazy day? of course—you're a cio in 2022. but you're ready. because you've got the next generation in global secure networking from comcast business. with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want —your team, ours or a mix of both. with the nation's largest ip network. from the most innovative company.

bring on today with comcast business. powering possibilities.™ ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq ♪. neil: all right. we've turned negative on the dow right now. a lot of high flying technology

stocks come back to earth here. still early in the day. we another what, 3 1/2 hours to go. it is telling. we'll check in with charlie brady, senior stocks editor to get sense what happened. probably 10-year north of 3%. well north of 3% is probably not helping matters any but as well as growing concern about inflation, in general, oil prices which had touched $120 a barrel. a little bit under that right now. gas prices at a record, i believe 27th time for last 30 trading days. you have that worry to deal with. you have growing concerns what is going on in the takeover battle back and forth for twitter and signs, just signs that elon musk might not be interested in it now or could be raising some issues that might allow him to part from that deal. again we're not making a the leap here. get to jackie deangelis who has been following this very, very closely. what is going on? reporter: good afternoon to you,

neil. another day, another headline or two from elon musk. let's start with the twitter deal that you mentioned. musk saying of course that twitter breached the contract. this is new when it didn't provide accurate information on what percentage of accounts were bots or those fake accounts but him saying the breach of contract, that is new. he is also threatening that he would back out of 44 billion-dollar deal. many have speculated this is tactic for musk muck to try to lower his offer for the company but we haven't seen a dialogue take place at this point. i do have some headlines that just broke across reuters coming from twitter. this is interesting, neil. twitter says the company has, will continue to cooperatively share information with elon musk to consummate the deal in accordance with terms of the merger agreement. second one, twitter says the it believes the agreement with elon musk is in the best interest of all shareholders and final one, the kicker, twitter intends to close the transaction with elon musk and enforce the merger agreement at the agreed

price and terms. so posturing on both sides here. then of course there is some tesla news for musk as well. after writing in an email that salaried headcount would be reduced at tesla by 10%. musk clarified, head couple for hourly employees will increase. musk said the company was overstaffed in many areas. he notes he is not talking about anyone building cars or batteries or installing solar. obviously those are areas of high demand and elon musk also saying that people who don't want to come back to the office, neil, well, they can choose to work elsewhere. also might have noticed something strange happening with amazon shares today. they are cheaper. it is not your imagination. it is effect of 20 for one stock implemented today. closing share was $2044. there are more shares outstanding but trades for less, roughly $120 by 10:45 today.

companies choose stock splits where the price gets high enough where they want to make it more affordable for new investors to get in. that is what is happening there. neil: jackie, thank you very much. i want to get with larry glazer, jonathan hoenig on some of the issues that jackie sort of nicely ironed out for us. larry, with you, what happens with twitter now? i get the sense, i could be very wrong although i doubt it, i get the sense that elon musk is coming up with a lot of reasons not to buy twitter. what about you? >> you know, neil, it is no surprise, americans are in a sour mood. that is changing how they think about investing, how they think about stocks. m&a is here to stay. m&a is alive. twitter is generally regarded as one of the worst run companies in big tech. compare that to elon musk's tesla which is one of the best-run companies. he made a ton of money for shareholders but he sees valuation concerns. this is company the world has

changed, the environment has changed, this company is not anywhere near what he thought he would pay for it. you saw it with kohl's, vmware, valuation adjustment particularly on companies that disappointed shareholders repeatedly over the years that don't make any money. people want earnings. they don't want to finance a company like twitter that is constantly a disappointment for shareholders. neil: jonathan, what do you think? >> pessimism is high among technology investors. of the elon musk is waking up as most investment managers technology is not where the answer is. not what is working in the markets right now. elon might play a little rope-a-dope to get the asset lower. twitter is not only poorly run, but the weakest element of the market right now. it is very susceptible of the market, simply more government regulations. this is the problem, with respect to larry, in fact m&a is not succeeding right now.

you're seeing deal of a deal being pulled. ipos are being pulled because of negative pessimism on wall street. the economy writ large is freezing up a. that has a lot to do with fears over inflation and what is happening in washington and wall street as well. neil: talking about merger and acquisition activity it has slowed down to the point of a crawl right now. jonathan to that point, i do want your opinion as well, larry, but jonathan, your opinion on technology shares, trying to call back from the deep, deep bear market lows. some of them cut in half, actually, way beyond a normal bear market. i'm wonder what you make of that, whether you think that is overdone, jonathan? >> neil, we talked about the 1970s, period of stagnant markets, turn of the century 2,000, through 2010 a lot of technology stocks were flat once again. what we're seeing in markets even today, higher interest rates, higher interest rates generally is correlated with lower stock prices. this is a trend i think unfortunately is probably here

to stay, at least for the short term. now we might see a bounce. that is inevitable in any long-term trend of the markets. as we said, technology stocks, they aren't historically cheap just yet. struggling to find a beta. at least at this point a lot of them are simply what they call falling knives. neil: larry, when you look at it, amazon, split 20 to 1, you could look at that and say, you know, it is still the same stock, we got that but this is a more affordable way for people to get into it and the stock is responding, investors are responding, not nearly as aggressively as they were this morning. what do you think of that? >> neil, when money was free like the last few years, government was pumping out money, interest rates zero who needed earnings? people want visibility, they want predictability. large cap technology companies in many ways are very defensive today. they are dominant businesses. they did excel during covid.

benefited from the lockdown, amazon, google, netflix or apple. these companies are incredibly resilient. this is fine. this is more after gimmick. what is the valuation of the company. amazon is truly dominant business. it is not just the retail business, it's a web service business. they have a lot going tore for it. it has been in the shadows, tech has been in the limelight. that is about to change. people want to see guys with brown shoes come out of shadow. they want companies with earnings, pe, dividend, old school stuff that worked in the '70s. it will work in this current environment. neil: we'll watch it closely. thank you both, very, very much. big primaries across the country this week, perhaps the biggest, not surprisingly, biggest state of them all, california. what is at stake and who is at stake after this. ♪.

at fidelity, your dedicated advisor will work with you on a comprehensive wealth plan across your full financial picture. a plan with tax-smart investing strategies designed to help you keep more of what you earn. this is the planning effect. designed to help you keep more of what you earn. living with metastatic breast cancer means being relentless. because every day matters. and having more of them is possible with verzenio. the only one of its kind proven to help you live significantly longer when taken with fulvestrant, regardless of menopause status. 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 anti-diarrheal 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're nursing, pregnant or plan to be. every day matters. and i want more of them. ask your doctor about everyday verzenio. what happens when performance... meets power? you try crazy things... ...because you're crazy... ...and you like it. you get bigger... ...badder... ...faster. ♪ you can never have too much of a good thing... and power is a very good thing.

♪ this is koli. my foster fail (laughs). when i first started fostering koli i had been giving him kibble. it never looked or felt like real food. but with the farmer's dog you can see the pieces of turkey. it smells like actual food. i saw a difference almost overnight. healthy poops, healthy dog, right? as he's aged, he's still quite energetic and youthful. i really attribute that to diet. you know, he's my buddy. my job is to keep my buddy safe and happy. ♪♪ get started at longlivedogs.com

meet jessica moore. jessica was born to care. she always had your back... like the time she spotted the neighbor kid, an approaching car, a puddle, and knew there was going to be a situation. ♪ ♪ ms. hogan's class? yeah, it's atlantis. nice. i don't think they had camels in atlantis. really?

today she's a teammate at truist, the bank that starts with care when you start with care, you get a different kind of bank. neil: all right. we have another caravan heading toward the border. you've heard this before but this is a fairly big one, 10,000 plus we're told. griff jenkins in rio grande valley of texas with more. griff, what do we know about this? reporter: neil, we know it is the largest caravan ever, reported to you in the past before i get to the caravan let me show what you we're looking at here. this is pile, neil, of ladders, makeshift ladders. what the migrant do, set them up on the wall in the distance, 200 meters beyond that wall is the river they cross. you can see on the other side of the entrance, more ladders that have been collected and confiscated by border patrol. go to the video of that caravan you were just talking about. the organizer tells me there are

at least 9500. they stretch more than five kilometers long in the caravan right now. it is made up largely of venezuelans, cubans, guatemala, el salvador, even from some from somalia. if they make their way to the u.s. border, they have 4,000 miles to go, 2 will be the largest one that has gotten there. this has many more than they can handle. look at this video of an arrest about 5:00 a.m. texas dps agents chasing those that don't want to be apprehended. they could be got-aways if they are not apprehended. lieutenant chris was able to get this individual. we asked him what he thought about the caravan. he is worried. take a listen here. >> we see large caravans, kids unaccompanied coming across, the cartels use that to divert the

resources. that is where you see the human smuggling, drugs coming across the border. reporter: what is likelihood, neil that that caravan will make it all the way to the mexico u.s. border? well the caravan organizer told me they had one resistance pocket of about 100, to 150 mexican law enforcement officials. they let them quote pass freely through. so far it does not appear the mexican authorities are trying to stop this caravan but they have a lot of women and children, along with single males. so -- obviously the largest we've ever seen. the one i covered in 2019 was about 6,000. this is bigger. they can only go so far in the heat. it is in triple digits already in texas, neil? neil: thinking, give, the ladders, you're showing, they're carrying those how many miles, right? reporter: these ladders that you can see here, neil, are just plywood, very light, not too heavy to carry but they are

cumbersome. you would have to carry that across the rio grande and put them ultimately up to that. once they get over the wall. they don't need them. they just take off. that is what they hope they can do. as you saw from our dps guys, those guys didn't get away this time. neil: you wonder about the number that do. give jenkins, rio grande valley, texas. we're following a lot of big issues that will impact primaries across the country, at least eight key states, that will biggest and most on the line, california, where some very important issues are coming up. let's go to claudia cowan in san francisco with the latest claudia? reporter: hey, neil. the key races here in california's primary coming up tomorrow are seen as referendum on progressive crime policies none more sew than the recall of san francisco's district attorney, chessa boudin.

he was the city's public defender. as d.a., he ended things like cash bail and diversion programs. critics say those he helped released, that the committed more crime. the city has seen a surge in open-air dealing and brazen thefts. boudin are backed, chose san francisco voters democrats overwhelmingly voted him in two years ago want him out. homelessness and is big issue in the los angeles race. congresswoman karen bass is more progressive an candidate with endorsements from the labor unions. he is in dead heat rick caruso, republican who turned dem says he is the city's best hope. governor gavin newsom is facing two dozen unknown challengers to stop him from winning a second

term. voters will choose the two runoff candidates for state attorney general. with no big names or controversial propositions to get people fired up, turn out is expected to be very low even though every registered voter got a mail-in ballot. san francisco recall is really the headline and the outcome here will send a message to los angeles where critics are gathering signatures to mount a recall against their controversial district attorney, george gascon. neil a lot of at stake tomorrow for the progressive prosecutor movement. back to you. neil: a big test, to put it mildly. claudia cowan in california. meantime updating you right now on the possible advances being made in gun control legislation or something to address all these violent shooting incidents over the last few weeks and this year. record number in fact. that is why we're as close as we could be after this. ♪.

meet ron. that man is always on. and he's on it with jardiance for type 2 diabetes. his underhand sky serve? on fire. his grilling game? on point. and his a1c? ron is on it. with the once-daily pill, jardiance. jardiance not only lowers a1c... it goes beyond to reduce the risk of cardiovascular death for adults with type 2 diabetes and known heart disease. and jardiance may help you lose some weight. jardiance may cause serious side effects, including ketoacidosis that may be fatal, dehydration that can lead to sudden worsening of kidney function, and genital yeast or urinary tract infections. a rare life-threatening bacterial infection in the skin of the perineum could occur. stop taking jardiance and call your doctor right away if you have symptoms of this infection, ketoacidosis, or an allergic reaction, and don't take it if you're on dialysis. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. a once-daily pill that goes beyond lowering a1c?

on it with jardiance. ask your doctor about jardiance. ♪ ♪ we believe there's an innovator in all of us. that's why we build technology that helps everyone come to the table and do more incredible things. ♪ ♪

♪. neil: all right, a bipartisan deal, democrats and republicans agreeing on a plan to address all the violence we've seen in the mass shootings we've seen just in the past couple of weeks, to say nothing of this record-setting tragic year.

chad pergram on capitol hill where things stand right now. chad? reporter: neil, there is cautious optimism among bipartisan senators they can forge a deal to curb gun violence. congress was out of session for more than a week on the memorial day recess but talks continued offstage. democratic senator chris murphy believed the recess would help the negotiations. >> we're broadly trying to figure out what has 60 votes. the template from florida is right one, do significant mental health investment, some school safety money and some modest but impactful changes in gun laws. that's the kind of package we're putting together right now. that is the kind of package i think can pass the senate. reporter: they're looking at a plan to raise the age to buy certain high capacity weapons from 18 to 21. background checks, money to harden schools, ways to bolster red flag laws. gop pennsylvania senator pat toomey worked on a bipartisan gun bill a decade ago.

that was the response to the shooting at sandy hook but the bill stalled in the senate. >> so for one, i've long believed that we could expand background checks to include all commercial sales. sales at gun shows, sales that are advertised over internet. sales that are in a sense commercial in nature and the seller doesn't know the biter, a background check makes sense. they can be done very quickly. reporter: regardless of what happens in the senate the house will vote on stricter gun measures later this week. those bills are doomed in the senate. they will secure little gop support. >> you had members, democrats, cursing out the second amendment. you had members saying well, if we can't get this we'll blow up the filibuster and pack the supreme court to get around the second amendment. the second amendment is not some guideline. it is part of the united states constitution in the bill of rights. reporter: the earliest the senate would vote would be next week. however any bill would fall

short of what president biden called for in his speech on guns. neil? neil: chad pergram, thank you, chad for that. to kelly from the "washington examiner." i wonder what is speeding these talks along, kelly, tragically, one shooting after another. 10 mass shootings, defined as four or more killed in such a shooting over the weekend. that is actually putting pressure on these guys to do something. what do you make of it? >> absolutely but i think one of the problems that the senator the are going to run into on democratic side is republican senators who are worried doing something just for the sake of doing something is not good policy making. the question with these gun control policies really whether they would do what lawmakers hope they would do, which is stop the shootings. as we've seen repeatedly in cities with very strict gun control laws they're not good at stopping common crime. that is something lawmakers will really have to deliberate about. neil: i also wonder with more

guns than people in the united states, whether you say the united states is the problem or that it is unique or whatever, it is not as if you, even if you prose assault weapons sales or for that matter, limit to those 21 years or older, what would that address? what are you hearing? >> yeah, absolutely. i think that a lot of people on the republican side are just as worried about the other measures that murphy mentioned, which are mental health issues and school safety issues which can be bolstered and improved upon and address cultural. issues at steak here. people say u.s. is unique outlyer for gown violence that has to be more than guns in the states. there are clearly issues much deeper rooted that need to be addressed as well. neil: we do have a lot of guns here, right? that does, i mean, mental health is an issue everywhere, but the

access, apparently easy access for those who shouldn't have guns to get them does require some tightening in background checks and the like. do republicans risk looking you know, immune to that and averse to that by not more forcibly addressing that? because it is in their interest and second amendment advocate interests to make sure such weapons don't get into the hands of a nut. >> absolutely. i think that if you could prove to republican lawmakers that these policies would do just that effectively they would almost certainly support it. that will be the big debate, whether the gun control policies that house democrats specifically are pushing are actually going to work and do what lawmakers say they will do. neil: that is the problem for republicans. these background checks. we've had them. some of the worst assailants including the one who shot up the texas grade school passed

those background checks. the question becomes, what do you want to include in them, how wide do you want to make them, right? >> absolutely. in cities like chicago, cities like philadelphia, where gun control policies are very restrictive you're having mass violence consistently even though law enforcement is confiscating thousands upon thousands of illegal weapons every year. so the question is, what exactly needs to be done to address this issue and is it really just as simple as passing gun control policies. neil: we shall see. they're working to get something done. kelly mcgee, "washington examiner." always great to have you on, kelly. corner of wall and broad, up 40 on the dow. amazon first day trading in three digits for number of years. 20 for 1 stock split as buyers to scoop them up i guess they feel is more affordable. in the eye of the beholder.

>> tech: cracked windshield? schedule with safelite, and we'll come to you to fix it. >> tech vo: this customer was enjoying her morning walk. we texted her when we were on our way. she could track us and see exactly when we'd arrive. >> woman: i have a few more minutes. let's go! >> tech vo: we came to her with service that fit her schedule. >> woman: you must be pascal. >> tech: nice to meet you. >> tech vo: we got right to work, with a replacement she could trust. >> tech: we're all set. >> woman: wow. that looks great. >> tech: schedule now at safelite.com. >> singers: ♪ safelite repair, safelite replace. ♪

throughout history

i've observed markets shaped by the intentional and unforeseeable. for investors who can navigate this landscape, leveraging gold, a strategic and sustainable asset... the path is gilded with the potential for rich returns. >> all due respect, sir, i'm not a teacher. i just want to the manage expectations. ♪ [background sounds] >> what the hell? >> good morning, aviators. this is your captain speaking. >> and we're off. >> here we go. neil: all right. love him or, well, not love him, tom cruise is a bankable star. back to back the number one

movie in america, the latest in the "top gun" franchise. all looks good in movieland, people packing theaters. there wasn't a lot of popcorn, a lot of candy in a lot of those movie theaters. so, tom, share the wealth, hello? it's a big problem. a lot of the people who go to the movies, that's one of the things they really like, and it's hard to find. a lot of the stuff you like to have when you're watching a movie. what's going on here, lydia? >> reporter: hey there the, neil. what's a return to the movie theater without an indulgence in this buttery treat right here? you've got to pick up some popcorn but with inflation and the rising cost of fertilizer, popcorn is now getting more expensive and could become harder and harder to find. people are saying that farmers might be growing less popcorn because of the fertilizer cost. they might be turning to other, less expensive crops like soybeans, so that means less

supply as we move throughout the year as the demand is now growing. >> could certainly be some, some segments of the industry that do not have enough popcorn like, like they used to because it's going to be in strong demand, and the supply will be quite, quite tight. >> reporter: and, neil, it doesn't just stop with popcorn here. the owner of the cinema in brooklyn where we are tells us that his costs on everything from straws and lids and the bags, even candy, it's gone up between 10-15% over the past year. that's a big deal because the theater really relies on concession sales for its revenue. watch. >> it's the most important thing. unlike with the movie where you pay 65, 70% out to the film studio for every dollar you get, e when it comes to concessions,

it reverses, and we keep 65% of every dollar. >> reporter: you can take movie theater chain amc as another example. the company says its food and beverage sales were its second largest source of revenue after box office a admissions last year, making up about one-third of its total revenue for 2021. for now, the owner of this small local chain here in new york city says it's not going to raise the prices on its concessions, but that means, neil, if the costs continues to go up, it's really going to cut into revenues during the time when the theaters are trying to recover after the pandemic. neil. neil: do they let you bring your own goodies in? some theaters don't allow that, but i'm wondering in this environment if it's the, all right, go ahead go ahead and bring your own. >> reporter: i think if you're going to plead that case, now would be the time, but there is a sign on the door that says no

outside food or beverage. neil: all right. and they are making popcorn behind you, costs an arm and a leg. lydia, thank you very much. she has none of that junk. you know they don't have alfalfa beans, she's out of there. carol roth joins us, former investment banker, brian brenberg, economics professor, fox news contributor. movie buffs, both of them. brian, i'm wondering, this has me concerned not only because now i can't bring good keys from home if there are none in the theater -- goodies -- but i'm also seeing people packing the theater regardless. and that has got to be a sign of something going on, that americans willing and able to endure the tragedy of no popcorn just to get out. [laughter] so that's got to be a good reflection on something, what do you think? >> i love seeing people go to the theater. i guess maverick's a great movie. i haven't seen it myself, i want to see it.

it's free of the anti-woke ambush stuff that you get in a lot of movies these days. but the thing is you go to the movie, you should expect to be able to get popcorn, right? that's kind of basic. you go to a ball game, you get a hot dog, you go to a movie and get popcorn. it's like a big check engine light on the economy. it's just saying this economy is not working. we cannot accelerate. even when people want to two to the theater, even when they want to spend money, they're finding outages, shortages, they can't get things done. and when they see that, neil, whether the administration likes it or not, people look to the top and they say, what's wrong with this? why can't we do things that we could easily do a couple years ago, and we've been able to do throughout history? popcorn in a theater should be easy. if it's not, there's something wrong, and people tend to look at the top. neil: you know, it's interesting too, carol, when you think about it, the underlying willingness of the consumer to pack if airplanes, to take their trips,

to absorb these high prices from ticket prices to, you know, gasoline prices. explain the fact that, you know, they're itching to get out and have some fun even when it comes to the theater, even if it means watching tom cruise. [laughter] so i'm wondering, i'm wondering -- and that's many all deference to the professor -- [laughter] but i'm wondering what that says because many people hearken back to the 1970s and the jimmy carter experience and say we're back there. i don't see. that i didn't see that underpinning then. we might get there, but i don't see it now. what do you think? >> no. first of all, i'm all for sneaking water and chocolate into the movie theater but very, very difficult to sneak 2 popcorn. i -- to sneak the popcorn. i feel like people need to draw the line there. in terms of the carter administration, it's very different because we're in a scenario where people were locked down the by mandates -- the. neil: true. >> -- you know, for a couple of years, and so they do have this

desire. they've overspent on goods, they're moving and transitioning, and they're moving to the services piece of the economy. and to brian's point, they're willing to kind of put up with not so great service just to experience anything because it's been denied to them for so long. i think, neil, the part that i'm very concerned about is that the powers that be are really counting on consumer to save the economy, so they're counting on the consumer to put themselves in their worse financial position, to dip into their savings, to increase their debt in order to save the economy and bail out the bad with decisions that were made by monetary policy, fiscal policy and an overall government policy basis. neil: i wonder too, guys -- and, brian, i'll pick your brain on this -- this idea that consumers, while they might save the economy, they're not in the same mood they were. i don't know why, the magic of the fall after the summer, you start getting your bills in the

fall, they'll freeze up. do you buy that? >> yeah, i do. i mean, i think this summer if people are -- they want to have the fun. they want to go do something. they want to travel, they want to go to a park, hay want to camp, hay want to have the experiences. summertime is the time to do that. so they're dipping into their savings to make that happen. because from a sanity standpoint, they need it, neil. but when you get to the fall and that dies down, that the consumer says i'm out of money. prices haven't moderated, things are not looking good. you know, by that time we might officially be in a recession. neil: interesting. >> i think the fall is scary because those animal spirits we always talk about in the economy, i think that they kind of subdue bigtime, and the consumer says you've tapped me for all i've got, i'm out. and then this economy's in trouble because, carol's right, the administration has leaned on the consumer sticking with their send spending almost to the point of abuse, and consumers cannot take that all year long. neil: you know, on friday we're

going to have the consumer price data, the retail inflation data, carol, and most seem to think it's going to run north of an 8% annual clip. i notice a lot of the data when it comes out on inflation, you'll see the administration seize on the fact that inflationary numbers are not increasing as quickly oz -- or as much as they were. it's coming down. i tried this when i was in school -- [laughter] told my parents i got all fs, so if i got a couple of ds and cs, i looked like mensa material. [laughter] i mow that game. what about you? >> first of all, neil, i saw you with at the last mensa meeting, so you don't have to downplay -- the. neil: no, no -- [laughter] >> yeah. i mean, this is something that i've been talking about for a long time. you know, at some point we run into a math issue where things are going to be down on a year-over-year basis just because the comps are so high. and i've been talking about the

for a long time the fact that the powers that be, this administration, all of their, you know, quote-unquote useful idiots, are going the to be doing victory laps. it's coming down. but in the long run, if we have a year at 6% or at 5% even, which is still a far ways away from where we are today the, that's not a good thing for the consumer because that's on top of all of the increases that we already see. and so, you know, on a mom mall -- nominal basis the impact on gdp, i think, is going to be very, very significant, and it's something that we really do immediate to set the record straight on because -- need to set the record straight on because there'll be a9 lot of people touting that as a victory. neil: you guys are so good. carol, you can go ahead and bring the water. that the seems uselesses to me -- [laughter] brian and i will bring the other goodies, a little prosciutto, pepperoni, it's a party. >> peanut butter sandwich with. you're fancy, neil. neil: you may be right. guys, thank you very much.

we talk about the shock to the system when you just hit levels that just make you wonder how high is high. well, in california how about $10 gas? it's not that far around corner: n -- in fact, it's very close to los angeles. kelly o'grady. >> reporter: hi, good to see you, neil. not $10 at this station the, but $6.99, so we're inching closer. we've hit record highs 27 of the last 28 days. some analysts are saying we could see $5 a gallon nationally by mid june, but over the last week we've seen prices rise by 25 cents, so that reality could be coming sooner. that national average is 8 cents high higher than double the price since president biden took office, and in california the situation is far worse. it's $6.34 for a gallon of regular, one gas station is charging over $10. this is particularly concerning when it comes to the price of diesel at the southern california ports. that's at near delay clash --

nearly $7. most of those containers get load onto trucks that run on diesel. but biden is admitting there's little he can do in the near term. this weekend transportation the secretary the pete buttigieg saying it's up to the oil companies. >> we also know that the the price of gasoline is not set by a dial in the oval office, and when an oil company is deciding hour by hour how much to charge you for a gallon of gas, they're not calling the administration to ask what they should do. they're doing it based on their goal of maximizing their profits. >> reporter: today more of the blame game is ensuing with business groups pushing back on the administration calling to increase domestic energy production and act on the stalled offshore leasing program. but with pain continuing to plague consumers, folks are getting fed up. a new abc news poll shows 72% of americans think and disapprove of how president biden is handling the energy price, so that could be fore if shadowing some sentiment at the midterms. neil: we shall see.

thank you so much, kelly. how close are we to $10 gas? ken flayinger back with us. we do know if we just continue at the rate we have been, it's just a matter of time. but it's those seminal if figures when you hit them that the really wall wallops the consumer sentiment and optimism. what do you see happening? >> yeah, you know, the place like mendocino where we're seeing these prices, there's some supply and demand issues there, it's a remote, beautiful area, but we can't ignore the trends, and the trend is fuel is more expensive, less reliable and tougher to find. neil: so when you hear of this talk that these increases are slowing down, in other words, they're not going up as much as they were and that they're being very cautious -- that is the, the administration -- to say this isn't transitory, but that that we're over the worst of it, you know, you're right in the

energy, you know, front-line battle here. is this now the worst behind us? >> no, it's not. and it's not going to be until we change our energy policies. look, we've got -- the instead of looking to american producers and american energy to help solve the supply and demand issue, we're looking overseas to places that don't share our values, that don't produce oil and petroleum products in an environmentally safe and, you know, stringent way like we do here in the united states. so until we look at changing our policies, having policies that encourage american workers and american production, we're going to be facing these issues. for example, in california in the week they're working on how to impose governor newsom's internal combustion engine ban. they're getting ready to ban cars and trucks as soon as 2026. and when you look at those policies, what does that do? that e lumbar nates gas stations, refiners, and those sorts of things only increase the cost of fuel at the pump.

as much as $4.30 a gallon when you look at how this policy plays out over the next 5-10 years. neil: yeah. i believe they want to ban gas-powered cars and trucks. >> yeah, yeah. neil: real quickly, pete buttigieg, the transportation secretary the, did seem to follow up the administration's argument your industry, oil companies are doing do this, they're taking advantage of a bad situation and gouging americans. what do you say? >> he's wrong and that's just politics. oil companies do not set the price at the pump and certainly not hour by hour, that's just silly. what we look at is there is supply and demand issues, and those supply and demand issues are affect bid bad policies. and we're seeing a lot of bad policy right now. looking, again, overseas rather than here at home to help solve this issue. that's politics, it's not the real story. the real story is we need to do better encouraging american production. we need to do the better in making sure that the policies

we're not inserting aren't hurting everyday americans like car and truck ban in california. we can have good climate and energy policies without cramming expensive, you know, programs down our throats or programs that we're just not ready to implement here yet. neil: all right, kevin, thank you for joining us. always good having you on. in the meantime, janet yellen last week, the treasury secretary the, said she gooded, she missed it. she thought the inflation would be transitory, and it wasn't. so she admitted a mistake. there's a concept. and then i was looking to see her pop up to explain that on any one of the sunday talk shows, and she wasn't around. not a one. nothing. not the cartoon channel, nothing. what happened? after this. ♪ if i could turn back time -- ♪ if i could find a way -- ♪ i'd take back those words that

hurt you -- ♪ if i could reach the stars -- ♪ i'd give 'em all to you ♪♪ >> the day you get your clearchoice dental implants makes every day... a "let's dig in" day... >> mm. >> ...a "chow down" day... a "take a big bite" day... a "perfectly delicious" day... >> mm. [ chuckles ] >> ...a "love my new teeth" day. because your clearchoice day is the day everything is back on the menu. a clearchoice day changes every day. schedule a free consultation.

you know liberty mutual customizes your car insurance,

so you only pay for what you need? like how i customized this scarf? check out this backpack i made for marco. only pay for what you need. ♪liberty. liberty. liberty. liberty.♪ onl(announcer)hat you need. enough with the calorie counting, carb cutting, diet fatigue, and stress. just taking one golo release capsule with three balanced meals a day has been clinically proven to repair metabolism, optimize insulin levels, and balance the hormones that make weight loss easy. release works with your body, not against it,

so you can put dieting behind you and go live your life. head to golo.com now to join the over 2 million people who have found the right way to lose weight and get healthier with golo. neil: you know, i always try to tell my kids, when you make a mistake, when you screw up, just say dad, mom, who ever's there and angry at you, i goofed, and everything will be okay.

now my kids can look at janet yellen who said last week, treasury secretary -- i told you, there's a reason why i'm trying to say this -- she said she goofed. she missed how inflation would be, it wasn't going to be transitory. she just stated what was obvious and tried to move on. nothing. she was no where to be seen after that, nowhere to be heard. she wasn't on any of the weekend shows, and i'm sure when i come home today, my kids are going to say, well, dad, about that admitting when you make a mistake, i don't know, what happened? let's go to charlie gasparino who never goofs, but probably is reading something into this. what happened, charlie? she was invisible. >> it was quite remarkable. and as you know, last week we were reporting that her role is being diminished and that it's the power shift in terms of economic messaging and having the president's ear has shifted to gina roman doe, the commerce secretary. i can't remember the last time a commerce secretary had that much

stroke on econ matters. it's essentially a fund raising job and you deal with the business community at the i'ms. the other one is brian deese, the director of the national economic council. he's been on a hot, and he plays a key role in economic policy, and he's playing a bigger role now. but no janet yellen. i would say this, neil, here's what i'm hearing from my d.c. sources, take it or leave it, is that she's gone after the mid 'ems at some point. you know, we should point out that she is not the only person that got the inflation story wrong. the notion of a transitory the inflation. she's the only one that admitted it. president biden got it wrong, everyone from, you know, jen psaki to brian deese to gina rah rah man doe, to jerome powell, i'm sure i'm leaving ten people out, kamala harris, they were singing that transitory inflation song. and they were all wrong, and

their policies led to this, and now that's the next step. we'll see if they ever admit that their policies, which included $1.9 trillion of spending after all that other spending under trump while we had vaccines, while the economy was roll, whether -- rolling, whether that plus 0% interest rates and printing money, whether that was, that was wrong as well. i bet you with none of them commit to this. but, you know -- admit to this. but washington's a funny place, you know? i've seen this play out on wall street and washington. usually when you step up to the plate and admit to something like that, it's because you don't care because you're out. i think she's gone. i mean, it's usually the case. now, actually, they're not saying anything. we put e-mails in to them. brian deese came on i believe martha maccallum's show and said janet yellen still remains our chief economic spokesif -- point person and spokeswoman. yeah. that's why she was off the shows

this weekend. [laughter] so, you know, there's something going on here. i mean, someone's going to have to, the obviously, pay the price for this. it should be the people that put it, put the policy in place. the biden administration. but then again, you can't fire the whole administration and president biden. back to you, neil. neil: a lesson is learned here. when mistakes are made, charlie, from here on out, i'm just going to blame you. >> i'm going to say it's not me. i'm going to do -- trump, he perfected that. oh, no, not me. [laughter] neil: never me. you're the best, buddy, thank you very much. gasparino, he saw a lot of this coming. really i'm going to practice that. something happens wrong, we screw up something on this show, i've got my executive producer, producer, charlie gasparino, the security towards, people outside in the -- guards, people outside in the street, but it won't be me. more after this. ♪ -- i've seen it happen. ♪ out of my control.

♪ feel it in my bones like, oh -- ♪♪ 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 lemons. lemons, lemons, lemons. look how nice they are.

the moment you become an expedia member, you can instantly start saving on your travels. so you can go and see all those, lovely, lemony, lemons. ♪ and never wonder if you got a good deal. because you did. ♪ we hit the bike trails every weekend shinges doesn't care. i grow all my own vegetables shingles doesn't care. we've still got the best moves you've ever seen good for you, but shingles doesn't care. because 1 in 3 people will get shingles, you need protection. but, no matter how healthy you feel, your immune system declines as you age increasing your risk for getting shingles. so, what can protect you? shingrix protects. you can protect yourself from shingles with a vaccine proven to be over 90% effective. shingrix is a vaccine used to prevent shingles in adults 50 years and older. shingrix does not protect everyone

and is not for those with severe allergic reactions to its ingredients or to a previous dose. an increased risk of guillain-barré syndrome was observed after getting shingrix. fainting can also happen. the most common side effects are pain, redness, and swelling at the injection site, muscle pain, tiredness, headache, shivering, fever, and upset stomach. ask your pharmacist or doctor about shingrix. shingles doesn't care. but you should. i'm a fancy exercise bike noobie. instructor: come on! a little more! and i'm taking a detour.

and if you don't have the right home insurance coverage, you could be working this out yourself. so get allstate.

neil: you know, worldwide developers conference, it's a big software thing, and you'd say, wow, if you're not really into that, how exciting could that be? but considering that the apple operating of the software is used by, you know, hundreds of millions of people around the globe, when it makes changes in the latests operating system which you almost invariably have one of these phones, you have to download, right? or else the phone blows up. sometimes the it just slowly dissolves. but anyway, they really try to pack as much as a they can into these things, but now they're packing some stuff that they never did before. in the early -- and the early read is this is, like, big, big stuff. lauren simonetti following all

that. >> reporter: the news is coming in fast and thick. i'm sorry, i'm a little old school, i'm using my paper and pen to give it to you. but as you said, this is the software event. we're waiting on the one more thing, that moment that hasn't happened yet. we're hoping that it could be an announcement of hardware like a headset. first, let me tell you what just happened. let's introduce you to ios 16 you'll see on the new iphone. the lock screen is all new. it shows you more than the date and time. you can get things like live weather. there's new dictation the features so that users switch between touch and voice pretty easily. you can edit sent messages including undoing those sent messages. apple tv offering live sports, neil. you can actually keep an eye on the scores on the locked screen of your phone. and they're adding a few apple muse/sports interface. like i said, a lot is happening. then there's the ipad operating system.

that's the full screen you're looking at. it mite -- might feel more like a computer than a phone because they want to give them greater flexibility if you're running multiple apps at the same time. apple wants more macs in the office, so it's looking to take market share away from microsoft's windows as more people buy the macs and macbook airs. the rumor is it could run the next generation m2 chip. and take a rook at this, this is odd. we haven't seen this in several years, the apple online store is down. it says we're making updates, check back after the event. i'm bringing this up because we haven't seen since 017. what happened -- 2017. what happened at the worldwide developers conference in 2017? they announce the home pod. so maybe they're going to announce some sort of hardware, a mixed reality headset. it's a wearable that blends digital the objects with your view of the real world. look, are hay expected to

announce this? maybe not because then the copycats could get a sneak peek and get their products on market sooner, but this is what everybody's talking about the because apple is pushing into the next generation of the internet here, right? and hay need to secure the content first to make you want to buy that likely expensive piece of hardware that you can wear on your face. so they have all these relationships with, you know, apple tv, like hollywood producers. they got the content the, and now they're upgrading some apps and operating systems maybe to make that content more accessible to a headset that we could be wearing, i don't know, dare i say next year? neil: ill tell you -- i'll tell you the one development here that struck me is that this feature where you can undo messages. have you ever done that where you accidentally trash someone -- not that i've done it, but if you could start the undoing that, then people can once again go back to being

deceitful -- >> reporter: we could just say anything that bewant. what are you abe? the check my feed -- what are you talking about? neil: exactly. lauren, you're the best. i appreciate it. let's take a look at what's happening not on the tech front here, but with bitcoin and clip to the currency. they're having a good cay today. brett pearce joins us -- brock pierce joins us right now. good to have you back. what do we make of this back and forth in the markets here? some it's hard to gain my traction, the same, i guess, could be said for stocks. but where are you on where we're going? >> well, as you said, odd the's been a good -- today's been a good day. nothing really of note, it's just a technical bounce. market was oversold, and we're, fortunately, having a good day as all of us whether you're in the cryptocurrency is markets or not, have been having a very rough month. the financial markets everywhere

have been hit hard. neil: i want to go outside your specialty but, obviously, you've become a very wealthy human being going outside your comfort level, and that would be the whole equity world market right now. there's a thought here that with the huge selloffs we've had across the globe that we overdid it. now, i know there are other numbers that people crunch and say, no, no, no, at this point in a selloff we're nowhere near where we've been in other selloffs. where are you on that, brock, a general look at global equity markets? >> well, there's a lot of capital in the world right now. we've printed more money than the world has ever seen, and that capital has to go somewhere. and it doesn't want to sit in cash, so it's looking for a flight to safety. i think things like commodities might do well the next quarter or two and basic things like food.

obviously, i don't know how much you're following it, but food production globally is way off, and that the will probably become the main topic of conversation the later part of the year. and that's due to just the dislocation in the global supply chain, obviously more in the main market for accelerants or fertilizer, that not making it to brazil. and i think everyone's just trying to figure out where to go. with interest rates rising, real estate isn't quite the flight to safety. and so i think we're all trying to figure out where to park our capital, and i think the equity markets because of thely quid i the continue to be -- liquidity continue to be a pretty safe place. and i think we could see a recovery there. neil: do you think that that volatility is what brings people back to bitcoin, brings them back to cryptos? it's not for the faint of heart, as you've often reminded people, but that they look at that and they still see paltry the

treasury and other returns and that it actually in a weird way draws investors back? >> yeah. so one of the main promises least that we've all at least talked about in the crypto industry is that this, in theory, should be an uncorrelated asset class, a store of value, a hedge against market conditions such as this. and if you had asks asked me -- asked me a year ago would there have been a decoupling in the event of all the things including war, i would have said, you know, highly likely, and we haven't seen that promise realized. but, yeah, certainly i think this is an interesting asset class. it's still real despite the implosion of terror or terror luna and ust, but i i think nowhere looks good right now, and so you're trying to find the best of the worst places to park capital right now. neil: brock, great catching up with you. brock pierce, bitcoin foundation chairman.

much, much more than that. brock was also alluding to what's happening with food and related commodities which have been soaring in this environment, the war. vladimir putin is really a big reason for that, and something he said today that has folks worrying it could get a whole lot worse, after this. ♪ ♪ back then we could barely afford a hostel. i'm glad we invested for the long term with vanguard. and now, we're back here again... no jobs, no kids, just us. and our advisor is preparing us for what lies ahead. only at vanguard, you're more than just an investor you're an owner. giving you confidence throughout today's longer retirement. that's the value of ownership. another crazy day? throughout today's longer retirement. of course—you're a cio in 2022. but you're ready. because you've got the next generation in global secure networking from comcast business. with fully integrated security solutions all in one place.

so you're covered. on-premise and in the cloud. you can run things the way you want —your team, ours or a mix of both. with the nation's largest ip network. from the most innovative company. bring on today with comcast business. powering possibilities.™

♪ neil: all right, myrrh putin is nothing if not blunt, now saying this morning he vows to destroy what moscow hasn't yet ravaged. of course, he's ravaged more than half the country of ukraine, and indications are he's heading back to the capital to do more damage there. mike tobin with more from kyiv. mike. >> reporter: well, that's it, neil. vladimir putin threatened that he will hit new targets if the u.s. sends longer range rockets to ukraine, this a day after russia santorum here in the capital city. five -- struck here in the capital city. five missiles were fired, four of them hit rail cars.

russians said the target was a shipment of tanks. i was part of a media tour that went ott target. there was no visible evidence of tanks or any other military equipment. meantime, ukraine is turning -- >> [inaudible] >> reporter: -- the for help prosecuting a war crime. >> using technology like it has never been used before, ukraine is crowd sourcing part of the evidence gathering. ukrainians are uploading photos and videos documenting war crimes through a government web seat and even a chat bot, a telegram app on their cell phones. >> we see now unprecedentedded volume of crimes. that's why people want to help. >> reporter: with war raging and russia controlling regions, investigators can't get to places like mariupol. but the public is helping. the prosecutor-general has received more than 50,000 videos. a team of 100 prosecutors vets the evidence to build cases.

crowd sourcing is also an act aive part of defense. ukrainians can report locations of troops. a pluck service announcement urges -- public service announcement urges civil civilians to report planes, drones and inwound -- inbound missiles. >> so in realtime they intercept a rocket's flight that was flying to western ukraine. >> reporter: as the fight intensifies in the east, president volodymyr zelenskyy made a trip out to the front line. he thanked soldiers for their service, he told civilians to hang on a little while longer. this is the second time he has left the capital since the invasion. neil? neil: mike tobin, be safe. want to go to hillary vaughn right now, the administration saying vladimir putin is the

reason for these the high prices. >> reporter: hi, neil. president biden continues to put the blame on putin for high prices for fuel and food. >> families who are struggling probably don't care why the prices are up, they just want them to go down. joe, what are you going to do to bring them down? but it's important that we understand the root of the problem, putin's decision to the brutally and savagely invade a sovereign nation. >> republicans disagree and so does the data. take a look at chart on inflation. it's clear that the prices were climbing well before putin invaded ukraine, and high prices started their climb and their uptick when president biden took office. >> we can blame vladimir putin for a lot of things, but two of the things we can't blame him for are gas prices and inflation. we have to look at biden and his policies and him injecting prls of dollars into the -- trillions of dollars into the economy which is the root cause of

inflation. >> reporter: president biden also ap painting a rosy picture of the economy saying americans peel like they're doing better right now than at any point during the last decade. >> a recent survey from the federal reserve found that more americans feel financially comfortable than at any time since the survey began in 20 the 13. >> reporter: but some groups are calling out the president for what they say are misleading and dishonest remarks. the job creators' network ceo saying: this is a shameful attempt by the president to make it seem like americans approve of the current economy birdies honestly playing off seven-month-old data as a reflection of americans' views today. we have the highest inflation in over 40 years, and gas prices have more than doubled since the time biden took office. we all see it despite what biden may think. and, neil, the president is not only pointing blame at someone else for these prices, but he's also shifting responsibility to fix it to someone else saying the number one solution he has to inflation is just step back

and let the federal verve do their job and fix it -- federal reserve. neil? neil: high pressure, indeed. hillary vaughn is, thank you very much. meanwhile, the latest crime wave that has picked up considerable steam but is still helping the chances for a deal to stop it. ♪ ♪

psst. girl. you can do better. ok. wow. i'm right here. and you can do better, too. at least with your big name wireless carrier. with xfinity mobile, you can get unlimited for $30 per month on the nation's most reliable 5g network. they can even save you hundreds a year on your wireless bill, over t-mobile, at&t and verizon. wow. i can do better. yes, you can. i can do better, too. break free from the big three and switch to xfinity mobile.

municipal bonds don't usually get the media coverage 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 1-800-217-3217. 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. 1-800-217-3217. that's 1-800-217-3217

>> reporter: welcome back to "cavuto coast to coast". we're talking about crime across the country. just over the weekend 14 people were shot and 3 killed in philadelphia alone. the d.a. says charges are expected to be approved today for at least two gunmen related to this case. investigators believe this all started with with a fistfight in downtown philly and ended in gunfire. the whole thing was i caught on camera. watch. [inaudible conversations] [gunfire] >> reporter: yeah. in that video, you can hear dozens of gunshot ises ringing out in downtown. that surveillance video shows the chaos as people heard those shots and took off running trying to find cover on south street which is full of bars and restaurants. three people were killed, these

are their faces -- photos, rather, christopher on left, 27-year-old alexis quinn in the middle and 34-year-old greg jackson on the right. their families are grieving as police continue to the search for the shooters, plural. police say multiple gunmen opened fire into that busy crowd. philadelphia's district attorney called the crime scene chilling as he prepares to file charges. >> no less chilling that it happened in more than 10 places around the country. over the space of a few days. it is enough. >> reporter: -- not just big cities, small cities too, all over the place. overall, at least 69 people shot and 17 people killed over the weekend. that map you're looking at shows 13 cities across the country where at least 4 people were shot and at least 1 of those people killed in a single incident. out in chatting nothing georgia, tennessee, investigators are trying to figure out who started the shooting that left 3 people

dead. more than a does then were shot and others were struck by cars as they tried to flee the scene of this crime. the mayor of chattanooga says he's hopeful ace rests are coming soon, but for the philadelphia case they're offering a $20,000 reward for information because they have two possible people they can charge, but they don't hi it was just two the people that opened fire, neil. neil: alexis mcadams, thank you for that. to jack brewer now, jack brewer foundation, former nfl great. he tries to get past the headlines and shouting and tries to solve problems; namely, what's behind all of this gun violence because it's the been going on quite a while. jack, you know, i know you've been stepping back and, you know, probably aggravating both sides saying, you know, there are issues that they align themselves with that make progress very, very unlikely, yet we still have these violent incidents going on. most of them, you know, led by

disgruntled young men. how do you deal with that? >> it's tough the, you know? i was just in philly about three weeks ago, and i get off the plane and the gentleman at the hertz rental car place warned me, he asked me, you know, be careful. that's sad when you have people that are actually living in these communities that are fearing for their life, they know that the children that our schools are producing, the children that the our families are producing are now children that are godless, children that don't have a fear of god. the majority don't have a male influence in their lives. our nation is the most fatherless mission on the planet. and so these things -- fatherless nation on the planet. these things take real deep, deep thought and an effort to bring spirituality back into kids, to take some effort to actually get gran you lahr and get your hands dirty with these young men to be able to put a positive influence in their lives. we can't do just through policy no matter if it's gun policy,

education policy. it's going to take men in america to step up and become father figures for the boys in our communities. these boys are hurting. they don't have a fear of god, they don't have anyone to hold them accountable, they don't -- they go to schools now that don't have a paddle, that don't have any way to discipline these children. and so they are fearless, and that's what we're seeing across our streets. and it's also enhancedded by the music that they listen to. a lot of the music that we listen to the condones and actually empowers these kids to be gang bangers, to walk around with their panting hanging down and sagging, to have a culture of i'll smoke you or i'll shoot you, and they have slang words that go with each and every one of these violent acts. and it has to come to an end. neil: do you ever think though that we make it almost too easy for that same group of young men to get weapons? that there should be something in a background check -- i know at lot are sole then, but there's got to be -- stole then,

but there's got to be the something in our system to make it difficult for angry young men to get their hands on weapons. >> you know what, neil? i carried my first gun at 15, and it was a stolen gun. and les nothing that anyone could have tone to keep me from that gun. in my mind, i was protecting myself. at the time i was facing a lot of skinheads and racial issues in texas, and i carried that gun to protect myself. and there's nothing anyone could have done about it. so, yes, i believe that we should take every measure possible if someone has a mental health issue or other issues not to put guns in their hands. but it really does come down to the spirituality, it comes down to the person because there are so many guns, hundreds of millions of guns on the streets of america that people can get their hands on. and i just fear that if we focus on trying to figure out how not to get someone a gun, we're going to miss that root cause, we're going to miss the real issue, the things that we could actually do through love, things that we could actually do to

giving kids opportunities. these kids are just hurting. reason they're out there shooting at each other is because they're hurting, they're fatherless. we're the most fatherless nation on the planet. so at some point we've got to get to the hearts and minds of our children if we really want this to change, because it's been going on for so long. every weekend i track whether it's in the tennessee, philadelphia the, detroit, whether you're in chicago, whether you're -- any parts of the country, l.a., all of these places see mass killings in the streets usually from young black men. neil: you know, you're a good man, jack. one of people -- you're a good human being and looking out for the good kids. jack brewer, the former nfl great, jack brewer foundation. we'll have more after this. ♪ ♪

your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. . .

this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq,

a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. neil: all right. let's see if charles payne can keep the rally going. charles, to you my friend. charles: i'm up to the challenge, thank you, neil. i'm charles payne this is "making money." breaking right now, the once again the market came out of the gate like a roman candle, giving everyone hope. it all fizzled and drifted back to earth. look at this, we're getting more. the question when will it sparkle long enough to indicate the worse is over? everyone loves quality, right? that was the key. all experts say we love walt. unfortunately so far the performance hasn't matched the hype.