they did have acorn flour stored and such, but if that got wet, you had problem feeding your family. the mission was a stable life and gradually, more and more people were converted. the tragedy was exposure to the european diseases to which these native californians lived in small, isolated villages, have no immunities. [bells ringing] the town really grows up around the mission. it is still the center of almost all the activity in san luis obispo. many free concerts in the plaza every friday night, and thousands of people attend many festivals. it is the center of our town. san luis obispo, california, is one a city we have visited. see more on c-span.org/citiestour. you are watching american history tv, all weekend, every weekend, on c-span3. 1900s,er: in the early james edward shepard founded a north carolina college in durham, which evolved into what is now north carolina central university. florida a&m professor reginald ellis is the author of "between washington and dubois: racial politics of james edward shepard." in this interview recorded at the annual american historical a

storedd have acorn flour and such, but if that got wet, you had problem feeding your family. the mission was a stable life and gradually, more and more people were converted. the tragedy was exposure to the european diseases to which these native californians lived in small, isolated villages, have no immunities. ringing] the town really grows up around the mission. it is still the center of almost all the activity in san luis obispo. many free concerts in the plaza every friday night, and thousands of people attend many festivals. it is the center of our town. obispo, california, is one of the many cities we have toward to explore the american story. for more on our visit to san luis obispo and other cities, go to c-span.org/cities tour. you are watching american history tv, all weekend, every weekend on c-span3. >> up next on american history tv, the national history center hosts a discussion on gun rights and regulations. speaking from the rayburn building on capitol

i was really pleased when i started my acorn account all the portfolios they had set out for me weretage my portfolio i had set out for myself that was pretty reassuring being young and -- younger and we have a much larger time span to invest, so i think with the long-term investing index funds are a great tool and something that in this economy it's been great for everybody. so it's been great for me too. >> being young you always think that you've got all these years, but as a football player you don't really know how many years -- >> absolutely. >> and hopefully you have many, many years ahead of you but you don't know what injury will bring you. so how do you plan for that sort of career? what is the advice you give to your former teammates? >> great question. what i was told a lot is what are you going to do? you're in the 1% now but there's a big caveat i'm in the 1% of earners and we're in the 1% of earners but 1% of wealthy people, that's not us except for the top overall picks, the big contracts >> russell wilson. >> exactly yes, sir he's up there. so i just want to tell the

ready, set, grow as part of our partnership with acorn. is phi napsal lit ra at this >> joining me is matt strafford. were a lot of us shocked by how much we may be owed this time? >> good morning, dom thank you very much for having us this morning. yes, we conducted a survey just a few weeks ago and we found that households were income about $100,000 are very dins appointed which are due to tax reasons. there are two reasons. back in 2018 the irs adjusted the withholding. people received more money in their paychecks and probably didn't know that when they settled up at this time of year for their 2018 liability or refund, whatever the case may be, it wasn't what they had expected. that said, there are some taxpayers who predominantly live on the coast whether that be california or the corridor between washington, d.c., and boston who are really being impacted on state and property taxes regardless whether they file joint offer single. >> what lessons can they take? i know what lessons i'm going to take out of this i am one of the folks w

a new partnership with acorn with us now is tony robbins.egist anda adviser to our cnbc advisory counsel. tony, always great to have you in house, in particular. so many americans have seen all those documentaries where investors get taken advantage of and they think that the financial game is rigged that it's all working against them. you say, no. it's winnable. it's absolutely winnable >> i'm not saying that based on my opinion i've spent the last eight years interviewing 50 of the smartest people, the warren buffetts, carl icahns and saying, is it really winnable? they showed me yes, but there are caveats. you hear all this argument about socialism versus capitalism. you look at our society. why is that happening? 60% of americans don't even have $1,000 saved for retirement. 40% say if they had an emergency and needed $400, they couldn't raise it how is that possible in the greatest economy we're taught to be consumers, not owners the first step, obviously, is understanding that you'll not earn your way to a fortune even people that do th

nbc universal and comcast ventures are investors in acorn.haron epperson, cnbc business news. >>> let's get another check of the storm tea 4 forecast because amelia just mentioned that tomorrow we'll be weather alert. >> yeah, i think weather alert from the latest information coming out. first right now, gettingom break he rain and the area and some sunshine out there. some pee of sunshine. so mostly cloudy skies today. still showers up around the mason-dixon line and you could be dealing with the showers we have throughout the day today, pecially toward the evening hours. a high of 74. here is what i'm seeing tomorrow. this threat for storms and heavy rainfall mainly between 1:00 and 6:00 p.m. the biggest concern is going to be heavy rain out there that could ld to someonding of water on area roads, some strong winds could produce wind damage. the winds are also right in the atmosphere. especially between about 2:00 and 4:00 p.m. maybe for an isolated weak tornado to develop.et so somng we'll keep an eye on. i'm not seeing a concern for hail

ready, set, grow partnership we have with acorns and the savings and investing app. copeland is a line backer and currently financial class. he's a member of the cnbc invest in you financial wellness council. longest introduction of all time but we're glad to have you here. >> glad to be here >> how did this class come about, and what do you cover in it >> this class came about with myself i was a detroit lion before. and myself and a couple of my teammates were riding around the city trying to understand the landscape from a real estate perspective. i also flip houses and stuff and during the ride, one of the players was like, man, i just wish when i was in school we talked about credit and buying your first house and taxes and budgeting because it would probably save me so much tim and headache and i was like, that's not just something athletes need. like we all could use that that's where the idea came about and started pursuing it. >> you pitched it to a professor at penn, which was your alma mater. >> yep, yep. >> so how many kids are in the class? and they're n

we do in partnership with acorns, the saving and investing app.urveys by survey monkey examined trends about americans savings behavior and revealed that optimism is growing more than half of survey respondents, 57% say they're more confident about their ability to save for retirement than they were three years ago dig deeper into our survey with our cnbc contributor and management expert, susie walsh why do you think people feel more confident it's simple as the idea that their 401(k) plans are plumper, the market is higher what >> i think all those things. they feel confident about the way the economy is moving. now, ironically, that doesn't mean they're saving more in some ways, they're saving probably less according to the survey because they had this confidence that they're going to be able to earn down the road and so it doesn't walk hand in hand with what you would hope to see with people that they would be putting aside money for the inevitable bust that comes after every boom. >> feel more confident in their jobs maybe their incomes are a

new data out from cnbc and investment acorns.ans are more confident in their ability to save for retirement today than they were just three years ago despite u.s. households running up debt and not having enough cash on hand for emergencies. a quarter say they are less confident. marcus and laura, back over to you. >> good to see people are trying to save anyway. >> do what you can. thanks, frank. >> vianey in for kari this morning tracking the forecast for us. >> yeah. we're dealing with muggy conditions. 50s right now. but we have incoming showers. i'll talk to b who is expected to see the rain first, how long it will stick around and what we can expect coming up in just a bit. . >>> flashing lights, traffic break, and the crew repairing 880. all construction projects cleared through this area. we saw the traffic break. ad lib live picture - san jose >>> a nice look outside. the humidity is certainly in the air. coming off a nice weekend. in fact, over the weekend, did you get out and enjoy the beautiful weather. don't worry. w

. >>> you are watching cnbc's "squawk on the street," cnbc and acorns do you think it is important ford not just how to buy and sell but be stock owners >> yes, we had them on last week thi i think it is vital that people vote it is kind of like how i feel about voting in an election. i think we are given this chance to vote in the united states, you got to take it you are given a chance to vote with a stock that you own. don't just throw it away it is electronic away. don't throw it away or delete it it is important that you know things the annual comes and they are much more easy to devour if you think they are not good, vote against them. tim sloane resigns we know there is a lot of pressure you got to go in front of washington he did a good job. why? because he had the best years ever people did not like tim sloane, this is the way to do it don't just think it is rubbish it is so vital >> it does bring up once again the issue of voting rights especially with new issues where you don't have that saying in some cases >> we brought that up. i just think that i know it is allowed. i wi

by theway, nbcuniversal and comcast ventures are invesrs in acorn and comcast is the parent company of cnbc, which oduces this program. >> today starts financial literacy month. it was established in 2003 to teach americans how to learn and mainta healthy financial habits. but with retirement as a top concern, weissked bobi to take a look at how much americans have reallysaved. as he report, it's not a pretty picture. >> do you know where your retirement is? americans can ertainly use help. baby boomers in particular. that's me. we've not saved nearly enough for retirement. we'll live longer than most of us think and ifhe trends wetinue, some of us are going e die. look at the state of the three legs of private savings, pensions and social security. start with the privatesavings. at vanguard, the average 401(k) account for an investor 65 and up was just under $193,000 in 2018, but that a number is inflapted by a small group of super savers. the median, for the age group it's $58,000 for a -yr-old. try averaging that over 20 years, say. most america are expected to live into their 80s,

emergency. 25% haveothing saved for retirement and a recent survey by cnbc and financial technology firm acornshow that more than a third of t respondents don't make enough money to meet their needs and to save. by the way, nbc universal and comcast ventures are investors comcast produce this program so as you heard fr the problem is complex and it's not a simple one toe, so but we invited a financial planner at highland financial advisers to help us tackle that. so reid, always nice to have you here >> thank yo sue. let's start with the basics. why is it so important to start one, early and als learn about financials? >> financial literacy is so ouitical. it gives the basic tools to do your own financial planning. we believe financial planning is really the way for you to realize planning for progress and freedom. >> stay there, we've got more questions for you and things to lgo there and's start with one of the big issues out there and that would be retirement anf more than hf adults are feeling better about their retirement plans than they were three years ago, and yet saving r retirement ra

>>> for more visit cnbc.com/investinyou we are investors in acorns, we should note. >>> that does it, a long weekend, everybody, but we're not done yet "power lunch" begins right now. >> and i am intimidized. >> good morning. new at 2:00, the mueller report is out the president declares victory, exoneration, but will this fight continue to hang over his administration and maybe even the markets? it's a huge day for ipos several of them of major interest, beginning with pinterest, and shares of zoom are zooming higher. >>> plus kevin o'leary is not happy. mr. wonderful is angry he's going to join us to complain about getting the eighth pick in the stock draft sounds like the new york knicks. "power lunch" starts right now ♪ >>> welcome to "power lunch. i'm court anything reagan. two ipos, both popping in their debut. >> hey there, court, a redacted version of the mueller report on interference in the 2016 election has been released to the public and the white house eamon has more. >> reporter: we're learning more and more as we go through this 400-page report by by bit, that the presid

a partnership we have with acorn. joining me now is karen finderman.t to see you >> really nice to see you too. >> let's go through the points here the four excuses for investing and your rebuttal. number one which is the main one, i don't have enough known invest >> that's an easy stumbling block for people to use as an excuse it isn't an excuse right? with these kinds of products you can invest as low as $50 a month or even less than that and it's so important to take that very first step >> if you do that. if you put 50 in one of these apps which make it so easy do you pick an index fund >> you pick an index fund. don't need to be stock picker. better that you're not a stock picker you put it in an index fund and that's the sort of habit you're trying to develop of doing that every month. not a choice don't make it a choice to do it north. that's just what you do. just do it >> how about the next one, i'm so young, there's plenty ever time later for me to think about and work on all of this. >> the biggest reason to not do that is the power of compo

. >> thanks for having me here >>> for more visit cnbc.com/investinyou we are investors in acorns, weuld note. >>> that does it, a long weekend, everybody, but we're not done yet "power lunch" begins right now. >> and i am intimidized. >> good morning. new at 2:00, the mueller report is out the president declares victory, exoneration, but will this fight continue to hang over his administration and maybe even the markets? it's a huge day for ipos several of them of major interest, beginning with pinterest, and shares of zoom are zooming higher. >>> plus kevin o'leary is not happy. mr. wonderful is angry he's going to join us to complain about getting the eighth pick in the stock draft sounds like the new york knicks. "power lunch" starts right now

they're juggling many things you should be able -- acorns is trying to do this, but other companies ihave a savings plan that maybe is actually based on my phone, and i get to put pennies in, i get to earn points, i get to go to starbucks, savings go in if i'm working in uber -- >> fall by the wayside -- >> and i do an airbnb, uber, also task rabbit at work and i work on the side as a consultant there's got to be better ways to save and ben franklin was always looking. he was a network guy he invents the postal system because he -- >> the library system. >> -- believes in network. the lending library system so, he invents things that allow us to use networks and technology to increase wealth. he's a person, you know, a penny saved is a penny earned? that's ben franklin, poor richard's almanac. so he believes in thrift, he believes in savings, but he also believes in finding new ways and new economy can help people save. >> walter, we've done a lot of stories here about the unbanked, the people who don't have any access to banking. and it got much worse after the great recession. but i

to watch it meantime it is the beginning of financial literacy month and cnbc in partnership with acorns surveyed americans and 75% of people do manage their own funds. sharon epperson has a look at whether that is a good idea. >> a lot of people say i want to do it myself and it doesn't matter how old they are. 75% of people are think madie mi own money, only 17% using a financial adviser. and whether or not they are doing that because they don't think that they can afford a financial adviser or because they really have the tools that they need to do it themselves, that is the big question >> i have a theory about this. and i think that it is the in x indexing effect. if there is one thing everyone kind of knows about the market, it is i just put my money in index funds, that is what warren buffett says and i never touch it again that might work okay if you are 30, but there is so much more to financial literacy >> so much more. and people forget, yes, you can have a terrific robo adviser, set it on autopilot. but what if something happens in your life that you didn't expect who is that

grow as part of our investment with acorns, the micro investing app, one having to is sustainable investing. you published a piece on cnbc.com that was very interesting today that i wanted to talk to you about sort of in conjunction with a new index that you guys have why don't you tell me about the index that you're launching and how it plays into this longer, more sustainable investing strategy >> first of all, happy earth day to everyone. it's financial literacy month and earth day. it's a great time to be here to talk about both of these themes. >> absolutely. >> we were really excited to have the chance to come together with s&p to launch a new global long-term investing index which is focused on sharing the story that when you think about factor investing in the market, that there are some factors that are short-term like high beta and some factors that are longer term they take a longer time to pan out, which actually includes sustainable investing themes and what we found in all of our research is that the longer term themes actually do tend to offer a higher risk adjusted return to

part with acorns the saving and investing app.ed create a beginner series as part of financial literacy month with the first installment out today. discussing the difference between the stock market and the economy. >> yeah. >> not exactly the same thing all the time you shouldn't pay attention to one and how you think about the other, right >> i think you should pay attention to all of it and practice this idea that you can keep two simultaneous thoughts in your head at once sometimes those saimultaneous thoughts, hey, the economy is not great, but the stock market could still go up or vice versa. the economy is phenomenal but i shouldn't be invested in the market because that is not always the best time to do so. i think for younger investors not getting this education in school, this is a good place to start and we'll do more of these videos and i hope everyone goes on cnbc.com and looks for my picture and watches it >> understanding the economy is a helpful exercise, but placing market bets is a carnival game on the midway. jo

financial education initiative, called "invest in you: ready, set, grow" in partnership with investing app acornthank you for joining me, sir. >> glad to be here >> it's glad to have you on set and i'm glad you're highlighting health savings accounts. this is one of the rare triple-tax exempt vehicles that people have access to. how should they best take advantage? >> i think what you're doing on the show with financial education is so important, not only for the millennial generation, but for everybody. but i thinkthis hsa, health savings account is a hidden gem. most people think, that's what you get when you get a high-deductible plan but the benefits are huge. contributions are tax free, the earnings are tax-free, and the withdrawals are tax free, which makes it one more tax free tax break s versus iras. some people say, you should be doing these health savings accounts >> you're talking about the average retirement health care spending of $280,000 that's in present dollars, obviously. these have to be ear marked for those purposes but it's an obvious way to save for a cost you're going to h

they did have acorn flour stored and such but if that got wet, then you had real problems feeding your family. and so the missions became very attractive as a way of having a stable life. and gradualy more and more people were converted. the tragedy here, of course, was exposure to the european diseases, to which these native californians lived in small, isolated villages, had no mmunities. the town really grows up around the mission. it's still the center of almost all activity in san luis obispo. there are many, many free concerts in the plaza, every friday night. and thousands of people attend them. many festivals. t is the center of our town. >> [speaking foreign language] our membership is comprised of people and families whose ancestry dates back to this one region for well over 10,000 years. with the coming of the mission and the missionaries, there was a lot of destruction brought with them. and also they brought with them ideologies that were not exatble with a lot of indigenous people -- compatible with a lot of indigenous people. they brought horrific diseases which we had n

military on its terrorist at acorn has more from washington. it would be unprecedented this would be the u.s. basically saying i'm part of a another country's military is part of a terrorist organization so what does that mean that allows the us to designate them in that restricts their travel it makes it a crime to provide material support to the revolutionary guard and it would be a potentially freezing assets that they have the united states although it seems highly unlikely that iran's revolutionary guard has any assets inside the united states so there's concern here according to the wall street journal there's might pump a zero secretary of state john bolton national security advisers long time hawks on iran that they're pushing the president to do this the other side you have the cia and the u.s. military warning that it's unlikely that this will do the amount of damage to the iranian economy that they would like to see at the same time saying that this could put u.s. troops at risk in so much so that central command might issue a warnin

. >>> and for financial literacy month, cnbc and acorns conducted a savings survey, asking respondentsney were, and the most common answer among college grads -- ready for this, guys payi paying off debt. sheila bair is the former chair of the federal deposit corporation and part of our advisory council she wrote an op ed on student debt good morning. >> good morning. >> this is entitled "is college really worth it? it details what she calls america's new kind of crisis also joining us, guest host john hope bryant, founder of operation hope, devoted to literacy and inclusion good morning to both of you. sheila, so, answer the question that's posed as the headline, which is, is college worth it? >> well, it may be it may very well be. there is a significant income premium on average, but there's really not enough information i think out there. there's not much transparency around college cost, debt cost, how much you can expect to earn by major when you graduate, so i think it's very difficult for students to make, you know, a rational economic decision about this, and i freely admit th

visit cnbc.com/invest in you we should note that nbc universal and comcast ventures are instveors in acornse trade summit in washington when we come right back. as investment management professionals, let's measure up. cfa institute. lies beyond the tech sector. it's about technology transforming every sector. ♪ at pgim, our bottom-up approach uses a technology lens to identify long-term winners. from energy... to real estate... to retail. finding such opportunities for alpha is the true value of active investing. and around the world, you have a partner in that pursuit. pgim: the global investment management businesses of prudential. the global investment management oh, wow. you two are going to have such a great trip. yeah, have fun! thanks to you, we will. aw, stop. this is why voya helps reach today's goals... ...all while helping you to and through retirement. um, you guys are just going for a week, right? yeah! that's right. can you help with these? oh... um, we're more of the plan, invest and protect kind of help... sorry, little paws, so. but have fun! send a postcard! voya. helping

. >> it is the start of financial literacy month here on cnbc, partnership with acorns, the savings andricans handle their money. it's part of our initiative called invest in you -- ready, set, grow. a surprising finding, most people no matter how old manage their own fund we've looked into the details. >> it's always important to have a plan in place to meet your financial goals. from building an emergency fund and retirement savings to buying a home or saving for college a financial adviser can certainly help you come up with a solid plan, yet this survey conducted by survey monkey found only 17% of americans use a financial adviser. 725% of americans manage their own money. the do-it-yourselfers span generations. less than one-third of older americans work with an adviser opinion 69% of those age 65 and older manage their money on their own. as do 78% of 45 to 625-year-olds and 82% of millennials, who are 25 to 34 is flying solo really the best approach to help you save and invest that's a personal decision and it often depends on what you can afford. free and low-cost tools from onl

visit cnbc.com/invest in you we should note that nbc universal and comcast ventures are investors in acornsl-time high closes again and key ones to watch >> i have to say it's been such a quiet march higher, so it's hard to necessarily say that people are over excited and that's one way to say it's running its course or culminating. i don't know that it's going to be name by name next week. i feel as long as second quarter estimates don't fall on the reports next week in aggregate, i think you're probably going to be able to stay in the zone. markets that don't pull back and keep marching higher, even though they say the tank is empty you have to give it the benefit of the doubt. >> nobody expected that. we'll see if the momentum -- >> front loaded and get the jobs number next week. >> great stuff that does it for "closing bell." fast money begins right now. >> "fast money" starts right now live from the nasdaq marketsite overlooking new york city's times square i'm melissa lee. today's lineup is dan nathan, jeff mills of pnc, karen finerman and guy adami energy burning out and the worst pe