fastest state to ease restrictions is already has allowed hair and nails salons small shops and jim street reopened last week and today people in tennessee will be allowed to dine out of restaurants for the 1st time and missouri is planning to allow almost every business to open next week now new york has also laid out a plan for a gradual reopening of low risk business a starting in mid may then looking globally there are spain the european countries with the highest number of deaths after italy would report it its lowest death toll in nearly 5 weeks on sunday and then at that same day on sunday children were able to actually go outside for the 1st time in 6 weeks and then we have switzerland where beauty salons open up their doors today and shops are actually selling for the 1st time other things other than food then we have a neighboring country germany and they're also gradually easing some restrictions with playground set to open later this week and they've also made face masks mandatory in shops and public transportation and they're giving out fines between 251-0000 euros if violated

street." i'm carl quintanilla with jim cramer, sara eisen, david faber live from separate locations jim will stick around as we talk to 3m's mike roman in a few minutes. let's get consumer confidence with rick santelli

fool's errand >> we're going to take a quick break and come back and go through a few calls on the street jim lebenthal, sarat, i'm thinking about you because adams jonas has made pa big call on general motors we'll talk about it next and as a reminder, you can ven us watch or listen to li othe go on the cnbc app halftime's back after this life isn't a straight line. and sometimes, you can find yourself heading in a new direction. but when you're with fidelity, a partner who makes sure every step is clear, there's nothing to stop you from moving forward. a partner who makes sure every step is clear, ever something's gone mogotten into the office.m, i hear you. feels like there's no barriers between departments now. servicenow. the smarter way to workflow. edward jones is it'swell aware of that.et. which is why we're ready to listen. and ready to help you find opportunity. so. let's talk. edward jones. it's time for investing to feel individual. you should be mad they gave this guy a promotion. you should be mad at forced camaraderie. and you should be mad at tech that makes things worse. but

but on market street, jim patrick only boarded up his business when he had to. >> we were broken intoot long ago. so we decided to board up the store. >> reporter: he was reluctant to board up the store because by city standards, it's a survivor. it was opened by his grand father in 1873, and has been around ever since. >> we've been through earthquakes and depressions and repressions and aggressions. >> reporter: but now the doors are closed, the business trying to ride out the pandemic, which is why patrick wanted his boarded store front to bear a message of hope. >> we left a sign which says, loving and serving san francisco, and we hope to see everyone soon. >> reporter: it's not the only message of resilience for this family run business. jim's son, jamie, says the family is still paying the full salaries of 18 employees. >> we believe it's worth it. it's worth taking care of those people who have taken care of our business so long. >> you lose your employees, what do you have left? you have a boarded up store. >> reporter: they say people will need pencils and pens and paper to

ten downing street also, jim, really trying to emphasize that he is still able to carry out his affairsthe country from the hospital. >> we know you'll stay on top of it, clarissa ward. poppy? >>> there is a blood test to figure out who recovered and may have immunity from coronavirus. there are dozens of tests available, so far only one has been approved by the fda. >> we don't want to tell a person you've had it in your immune and that's not the case, so we are very optimistic, i'm personally very optimistic that by may, we're going to have these in very large quantities with all the needed supplies. >> we're joined by elizabeth cohen. there's been a lot of hope placed in testing like this and how helpful it can be but i think the question he just raised is that it's not foolproof. tell us how the tests are getting to market. >> right, poppy, not only is it not foolproof but what labs are telling me is that they're being, tests are being sold to them or being marketed to them, that they say are crappy, that's actually the word that's being used by the head of an association of public

street." time for a mad dash. going to send it back over to jim. you want to talk about constellation brands this morning, jim >> one thing we're forgetting, we could be in a recession, remember that? might be recession what do people do in a recession? they drink beer. what do they do in particular? they drink beer at home. 85% to 95% of the beer from constellation, corona, modello, these are drunk at home. there's a lot of sales and they have spiked seltzer coming this summer and they own a big stake in canopy, last-man standing when it comes to cannabis ubs goes hold to buy today i had them on last week, they tell a great story if you're looking for a stock that's actually at home where you got a potential recession built in, i would buy this one i would remember that as you buy all the airlines, they're not flying with customers. if you buy all the cruise ships, they're not even going but how about something where we actually might have up earnings? i think we're about to be in earnings season. you want to be in something that will have good nu

secretary, you mentioned to jim the fed's main street lending program. can you give us a little more sense as to when it's going to be fully implemented what your conversations with chairman powell focus on just a bit more there in terms of allowing us to understand what could be an enormous impact from that program. >> both the fed and treasury has a team of people, we're meeting on this every day. it's a very big priority it's something we're focused on, the design, we want to make sure that mid market companies have access to liquidity. and, again, i can't comment on the exact timing, let me say it will hopefully be soon again, all these programs, we want to get up and running so that they're available to american business and american workers quickly. that's our objective and we'll be delivering on that shortly. >> mr. secretary, one last one i know that the treasury seems to be a little bit adverse, as was -- when i asked secretary geithner about it, giving us a chance, americans to buy a specifically labeled bond that would help small business. why

street." time for a mad dash. jim, i was just told you want to talk hertz, which is kind of surprising to me given it's a $3 stock, $3.71 what's going on? >> barkley s downgrades it to underweight. they say the trading level on bonds indicates a high degree of risk and they hired restructuring people what's interesting here is once again, who is essential? is hertz essential should it be supported by the government what it looks like right now is no and that hertz offers -- it's something that i guess anybody can do and i am mystified again i think the mercurial and arbitrary way that some companies are treated as essential and others are not should be noted when it comes to hertz. as we know, if you can make this industry less competitive by making hertz hobbled, our prices will go up this is not cruise lines this is something integral to the way business is done in the country. hertz, avis, they compete. it looks like that is going to come to a conclusion so i just say we have to watch this and make sure we understa

street." i'm carl quintanilla with jim cramer and david faber and sara eisen. getting numbers on pending homes today in addition to the wave of news this morning. let's get to diana >> carl, pending home sales in march fell 20.8% month to month and were down 16 .3% year over year sales were hardist hit in the midwest down 22% and out west 27% for the month and down 22% annually washington state and california, of course, seeing the first in the economic shutdowns out there. but the chief economist says he expects home prices to hold up for the year up about 1 % he says, of course, there will be some markets that fall and he does predict weakness on the high end of the market he is also, however, lowering his forecast for sales for all of 2020. he expects them to be down 14 % year over year because he says even pent up demand if it comes back in the fall will not make up for this spring market. we are, however, starting to see a little bit of improvement. we saw that in the mortgage applications to purchase a home last week. they jumped 12% because mortgage rate

street." time for a mad dash. jim, want to talk a little tesla.akes me back to the days when we would mention that automaker rather often >> we used to be next to each other. kind of didn't have to look at you in that beautiful house. certainly miss downtown. credit suisse. they go from sell to hold. 415 goes to 580. near-term expect supply shortages. they even have rent issues long-term, they're so much better doesn't it feel like the old days a guy who missed the move, right? had a sell on it but he's hoping to sneak it in doesn't know that we see that we have a show, and we can point it out that he's 415, going to 580. credit suisse using this moment, the fog of war, to go from sell to hold. there you go >> yeah. for a stock that obviously is still up 55% this year >> yep >> that's right. 2020 tesla shares still up over 55%, jim >> david, i just think that -- remember, they don't have to advertise. people love them the other guys are so hobbled. that ford quarter yesterday was miserable. the tesla balance sheet is better than the ford balance s

street today. before we go, jim, i see raytheon reit stated as a buy at goldman sachs. >> yeah. this is one i like frankly, i don't know enough of it but i like the diversification. it is not just aerospace, it is defense, as well within the aerospace it is not like i worry about the boeing getting 737-max up they put engines on all sorts of plans. civilian, defense, missiles from raytheon i like the portfolio here. >> weiss, you were bragging about the pelotons you bought. we got it. you got like five in the house now. the stock was initiated buy at roth capital the target was 38. >> yeah. it is up 25% from when i started bragging about it. to me this is a benefit of what's going on with coronavirus. it is a premium product, sure. but it is when you break don what the cost is, versus a gym membership, it is compelling so i love the stock here. maybe ahead of itself. i don't know but it's definitely going higher from where it is based upon the installed base continues to grow. >> i mean, i'm being facetious how many do you have it wasn't five. >> no. i have one in my house and m

street." i'm carl quintanilla with jim cramer, david faber coming to you live from separate locations this morning it's risk off following those one-month highs from yesterday empire and retail sales for march were abysmal the worst on record. below expectations oil below 20 earnings from citi, goldman, bank of america showed the major banks are, as expected, bracing for a wave of defaults some more than others when you look at the percentage of the total loan book at jpm and city. >> jpm is the one that people decided wasn't that great. when i look at it, i think it had to do with tone. jpmorgan, the crucial lines were something that were uttered by jamie, which were, look, may is not realistic. it will be june, july. the problem with basing everything on that is that you don't realize these banks are much more -- much better prepared than we thought you have a citi that's down from its tangible book value, it's actual you'll have multiples that are incredibly low because people feel the dividends are in question yet you have a tremendous amount of capital with these banks. i don't want to go aga

eastern with jim cramer welcome to "squawk on the street." i'm carl quintanilla with sara eisen and david faber. session high was up about 475. some of the earnings are better than expected and you have progress in the senate, and now mnuchin on the tape says he's looking forward to having most if not all of the u.s. economy open later in the summer >> perhaps that's one of the reasons the market is feeling optimistic i'm glad you led with the relief bill almost 500 billion in extra aid to small businesses. this is a global phenomenon. this idea that stimulus and relief is flowing. yes, we're in an unprecedented shutdown of the global economy, but if you look at what's happened in the last 24 hours, besides the senate, south africa, the president there pledging a $26 billion rescue package. south korea having a third supplementary budget and a $32.4 billion budget mexico with a relief package the stimulus is flowing and coming from fiscal and monetary authorities at lightning speed is this enough to make up for the losses no economist thinks

street." i'm carl quintanilla with jim cramer and david faber coming to you live from various locations. stocks are taking aim at what would be the third 1% gain in a row as we get our first real parade of earnings with caterpillar, merck, pfizer, pepsico and more we'll talk to southwest and 3m later this morning oil bouncing off of $10 as some big players roll their june contracts into july. markets clearly looking closely at some of these reopenings, it does raise the question of how precarious this rally is >> it's incredible if you say things are okay, not as great, and you're an industrial, because there will be an opening of america, people will buy you if you say things are in line and you pull your forecast and you're not industrial, it's a recipe to be sold. this is about hope it's about the idea that it can't be as bad as it is right now. you'll see that even with marginal retailers, people think a marginal retail hear to come back because america is open listen, you have to go with the flow for a couple days if you're a trader if you're an investor you have to take the other s

street." time to get in a mad dash. jim's going to cover las vegas sands, the company, of course, reporting earnings, i believe it was after the bell, jim. the china part, of course, which is macao, so important a net loss of $166 million for the first quarter. that compared with a $557 million gain or net income, as we used to call it, a year ago but they're looking to open there. they are opening and the question is will they come >> there was a really kind of an amazing thing that happened. it's a short seller's nightmare. the other day, las vegas sands suspended its dividend you figure it had to be the worst. last night, they came out and said the pent-up demand for gambling is incredible, so therefore, you have to buy they gave a schedule of debt, and there's no big maturities for a couple years they certainly have the opportunity to make it happen. if you really believe in this, i suggest you thing about wynn mike maddux sent me his health care plan of how to open literally, they're describing about how the air conditio

tweet me at jim cramer >>> why the heck is wall street so optimistic that we can reopen the country withoutious health consequence where does the confidence come from i mean, haven't -- let's see, we adopted universal testing yet? i don't think so we don't have contact tracing. we don't have enough gloves and mask to keep everybody protected. lucky me yet the markets have an incredibly strong month. even with today's mild dip, dow slipping 32 points, s&p edging 5.2%, nasdaq climbed 1.4%, they crushed fang put it out there are we whistling past the graveyard here not so fast. there's a ton of confidence in the safety net, the one that covers large companies even it as it fails to protect a lot of small businesses and doesn't do nearly enough for individuals. remember we don't trade hair salons here. there's no ticker for diner, no barber shop, gyms, no. we trade big companies companies that have more access to funding than i have ever seen in my life courtesy of the federal reserve and the treasury department who know that the stakes are high. but you also got a lot of hope driving this mark

tweet me at jim cramer >>> why the heck is wall street so optimistic that we can re

would miss its 1st corner viral status the situation is telling jim particularly for those in the informal sector it can money to the streets of nairobi to find out how they are coping with economic effects of the covered 19 pandemic. now like the rest of the world we're all trying to do our best here at the 77 percent to flatten that corona virus infection line but i'm just thinking about people who are in the informal sector particularly here in kenya which is where the biggest workforce really is these are small business owners who are probably not very organized and who sectors are largely unregulated those guys who don't have offices to go to who can't work from home what do they do during these hard times it's an impossible choice really stay home don't get infected but potentially sleep hungry or go out get something to eat and potentially get infected well i want to talk to some of those people and see what they have to say so let's get out of the you. alright so we've found a gentleman whose name is titus and he's actually a taxi driver but he's agreed to speak to us i can imagine that doing business for him at thi

street." >>> good monday morning. i'm carl quintanilla with jim cramer and david faber coming to you live from separate locations. breath taking numbers to start the week futures are weak on what is shaping up to be the worst day for wti since the contract was created back in 1983 ahead of expiration ibm, netflix and coke coming at us this week we'll look for a deal to extend the small business loans, but crude will get the attention at the outset and you did say on twitter on friday that investors still had time to sell crude before this week >> yeah. this is the expiration day so what happens is you -- actually it's tomorrow, but people are trying to prep it what happens is rusty braziel explains to me, the rollover from the may contract to june occurs tomorrow. the reason that happens is because the may futures price converges with cash and expiration so in other words, you're looking at what the real price is it's not the futures price so what happens is that imagine if you're producing at $32 a barrel, $33 a barrel like occidental, that's jus

. >> jim, it's interesting the idea that wall street firms, hedge fund people pushing him to get back to work. i mean, i have yet to hear from the task force about even what sort of some of the basics of getting back to work would look like. is every company going to have, you know, handheld digital thermometers that they can point at every employees' forehead as they come in the building and see if they have a fever? are they going to have, you know, rapid testing on hands so if an employee is coughing, they can test whether that employee actually has something and should go home. i mean, we haven't really heard what it's going to take, from a logistical standpoint, let alone the testing standpoint. >> it's a great question, anderson. cdc just put out guidelines for essential workers going back to the workplace and what they need to do. some of the guidelines are they shouldn't congregate in break rooms and that sort of thing. but, anderson, i will tell you when i come into the white house every day, they check my temperature. and before i go into the briefing, they check my temperat

jim. love it. we'll see you in just a couple of minutes on "squawk on the street." jim's interview, tom executives from cisco, pvh and nestle. a huge lineup that is not-to-miss television becky? >> thank you when we come back on "squawk box," we'll get you prepped pore the trading day ahead. it's the start of the second quarter. and you can get a full recap of everything that's been happening with the markets fast-moving developments and the latest coronavirus headlines on cnbc's nightly special, tonight at 7:00 p.m. eastern time. stay tuned we'll be right back. you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. make ice. making ice. but you're not mad because you have e*trade which isn't complicated. their tools make trading quicker and simpler so you can take on the markets with confidence. don't get mad get e*trade and start trading commission free today. >>> we are just a little over a half hour now away from the opening bell and the official start of the second quarter. our next guest

says this muslims have been lynched was jim's have been hunted down but now the stigmatize even with this illness has left you know government policies on the street now you can hear it every. roy speaking to us earlier that honesty international says that lock downs in southern africa have left millions of people facing hunger it's calling on governments to give food aid to those who can't afford to stockpile human rights group says lockdown measures are forcing zimbabweans to choose between a bang the rules or risking penalties if they go out to buy food. shuttered shops lined the streets of harare zimbabwe its economy was already at rock bottom neither the coronavirus crisis is denying shopkeepers even a modest income. we are unable to work during the lockdown. which is coming to prevent people from looting our shops this is bad for business we are living hand to mouth. after decades of economic mismanagement a serious drought and now the lockdown it is estimated that more than a 3rd of the population is in danger of starvation. it's a bit sick of and has to give us food or money that's what we need most of. the health system is struggling to c

government give muslims have been lynched was jim's have been hunted down but now the stigmatize it in this illness has left you know government policies on the street now you can hear it everywhere. the 1st unaccompanied children to leave greek migrant cabs for new homes in germany are jew to arrive this weekend greece has faced criticism for failing to provide decent conditions for miners at its detention centers the plan is to relocate hundreds in a dozen use states and germany says the process has been held up by red tape. arrival in luxemburg these were the 1st children to be relocated this week from the refugee camps on greek islands 1600 unaccompanied minors are being relocated around europe and initial 53 will travel to germany on saturday isn't asleep we are striving to provide help as part of a european solution we offered that early on already on march the 8th the german government decided to accept at least 350 children from the candles. 5 of the children will eventually travel here to potsdam just south of man mike shubert has been demanding action from the german government for months. because we could certainly take in more we already

cnbc's special coverage continues >>> good monday morning, welcome to "squawk on the street," i'm carl quintanilla, jim cramer, david faber with you the coronavirus curve may be bending in some parts of the world. oil giving back some of last week's squeeze jim, the president this morning tweets light at the end of the tunnel but you are warning people against being cheerleaders for not a good reason. >> i just think there are two different worlds there's the health care world, we want to wish them the best, we like to see flattening of a curve in italy, madrid, new york there's the earnings world the earnings world doesn't bend. the earnings world responds. there are a lot of companies doing poorly, sometimes their stocks have reflected that sometimes their stocks haven't i warn people that if you're going to do -- buy or sell stocks based on what the president says or what governor cuomo says, you're not being thoughtful it takes a thoughtful person to figure out whether you want a lot of exposure here or not. does that mean if we did see more signs today -- some people theorize maybe there's a weeke

as i said ten downing street firing back saying they are grossly unfire allegations. jim, poppy?ank you. >>> a russian jet intercepted a navy american aircraft in the mediterranean even as russia continues aggressive military maneuvers like this around u.s. warships, aircraft, the u.s. coast. president trump, you may have missed this, has been warming up of late to his old friend russia's president vladimir putin. they made phone calls recently and some of the president's former advisers said the president may be using the coronavirus pan demmic to realize his long-held goal of edging closer to trump. >> with tremendous credit going to >> russia. >> to stabilize prices in the middle of the coronavirus pan demme pick >> we'll save hundreds of thousands of jobs for our energy industry, texas and north dakota, oklahoma, all of our different energy states. >> reporter: with the president's praise going to? >> i want to thank president putin of russia. >> reporter: there was a whil wind of activity to get it done. for trump, the art of the deal. for putin, something very different. ru

breaking the back of jim crow through the legal system and traveling dark roads going at all white's courtrooms doing it under important while everybody else is out in the streets protesting enduring citizens. he was one of my favorites to be on that list. i think i argued for jesse jackson, as a four runner to rock obama, he kind of first set the idea it was possible while people didn't want to run for president and also as a great orator and someone who has inspired many generations to have hope and faith. so, there was a lot of debate. people getting knocked down and added on. it was very spirited. >> host: here the co-author of a book on justice clearing drink clarence johnson, was he considered? >> guest: he was raised to in as a supreme court justice he certainly was someone who was raised. a lot of people were raised i think we were mindful also of not trying to make these choices based on ideology, or based on factors that hey, this person was isolated from the race. we tried to look at achievement and what was done. obviously with 44, you are missing a lot of people. tiger woods is not on here. i think louis armstrong is another that was debated. >> gu

jim it has been a pleasure. to eugene for joining in as this is minor episode as the street edition talking about the current if i was sick and racism in the united states was seen next that's what you. may own l.j. will president rhodri go to tout say succeed in shutting down t.v. giant a.b.s.e b.n. by may the full will have special coverage al-jazeera world selection of the best network documentaries includes the story of on sunday gyptian composer and musician alley smile despite the coronavirus pandemic honan press ahead with the presidential elections by postal ballots the emmy award winning full license is back investigating the united states and its role in the world and in the u.s. election primaries presumptive democratic nominee joe biden strives to reach the official delicate threshold may on al jazeera. crank assessments why is italy struggling to cope with the number of coronavirus failure to take really aggressive action with them behind her and in-depth analysis of the dates global headlines inside story on al-jazeera. every generation has a higher purpose. ours they are. freezing winds and rugge

enter the conflict zone with jim sebastian 16 months ago by isis a saudi journalist jamal khashoggi was killed by agents of his own streetyears because argo algebra the saudi minister of state for foreign affairs why are there still so many unanswered questions about the matter and why the massive crackdown on human rights activists inside saudi arabia conflicts of the decent of a good 30 minutes on the doubling of the. house of virus spread. why do we panic and when we'll all miss them trying to just 3 of the topics covered and the weekly radio show is called spectrum if you would like him. information on the coronavirus or any other science topic you should really check out our podcast wherever you get your podcast you can also find us at. science. the global corona crisis you can find more information online at c.w. dot com and on t.w. social media channels. how to. discover your concept discovered with the power. of school alleges after $100.00 lives the ideals of the box are more relevant today than they were a. 100 years ago visionaries reshaped things to come because people understood design is a way of shaping so

street." i'm carl quintanilla with jim cramer and david faber this morning, james gorman and verizon's hans vesbrges are steady philly fed lowest sinc

in loans being injected into the american economy, whether it's main street lending program, municipal support, corporate credit jim're going to hear from chair powell at 10:00 a.m. when he does this live web cast, and there will be q&a, so it's going to be interesting to hear him expand on the specifics of what they announced and maybe add some color to the minutes we got yesterday where there was a sense of urgency, no doubt >> what's great about this is there had been a feeling, is there going to be some sort of haggling over the next $250 billion that is needed in pay roll protection program. i now don't feel that, i'm not worried about it i say the money is going to be there. the holdup is just the giant backlog between an organization like the sba, very good organization they're analog, they have to go digital. a huge number of loans requests that have gone to the big banks. the community banks, they're doing better they don't have as many customers. but i no longer -- i feel like the issue is forbearance we have to let everybody know, the president should come out, hopefully the treasury secretary, and say,

street." i'm carl quintanilla with jim cramer, david faber come to you live from didn't locations this morning. futures are getting closer to erasing early morning losses as we get this opec plus agreement. goldman suggesting the market bottom may be in place we'll get our first taste of q1 earnings with jpm and wells tomorrow jim, last week you did say you were beginning to feel better, it does look like david kostin shares that view today >> yes i think david has been, let's say, someone who believed that things may not bottom. and i think he's switched. he may say it's not in dramatic fashion because it's near the middle of his piece, not at the top. i do believe what we're seeing is a gigantic amount of liquidity put in by the fed, when it looked like things might go back down that mattered a lot. a lot of companies that don't have great credit are getting money. that's important we saw the retailers go up last week it wasn't because retail sales were good, but because their credit was so bad, maybe they get a chance to raise money. ge raising money a lot of companies are raising money tha

street." i'm carl quintanilla with jim cramer coming to you live from various locations. we're coming off the biggest drop of the month, adding to some losses as we getover the collapse of that oil may contract the senate may pass a small business expansion today netflix reporting tonight. one of the big stories will be georgia's attempt to reopen really starting on friday. >> i think this is the biggest story there is you have a governor who says it is time. a governor who doesn't want to see these businesses destroyed a person who has said, look, we've got the baseline we know what can go wrong. we have the ability to handle it medically. and initially when i saw this, carl, i said this man, this governor is a reckless fellow. the more i read his excellent speech yesterday, the more i realized the stakes are so high for so many people, i'm rooting for this man i think he's doing it in a way that makes me feel like if you're going to open it, open it this way i wanted to wait for the vaccines i wanted to wait for when we got s ser roll gist ologyists who coue antibodies

welcome to "squawk on the street," i'm carl quintanilla with jim cramer and david faber. verizon's hans vestberg joins us this hour with their earnings earlier this morning dow is down about 3% for the week georgia is starting to relax restrictions, giving us clues as to how consumers may react durables down 14 june wti holding at 17 as energy is the only positive sector for the week a lot of discussion about 2,800, are we range bound where is the ceiling now markets giving all kinds of important clues. >> a lot of analysts, we follow them for a long time they wait and wait until there's a moment where they can go negative there's enough companies that have done well, i have every piece of research in front of me i don't have an upgrade. i have downgrade, downgrade, downgrade. because the stocks have run, it gives these analysts a chance to say, uh, i'm so lucky. it went from 29,000 down to 18 it bounced back, and now i can get off and not look bad and that's the whole tone of this morning i find it curious. i think that in general the companies have done a pretty good jo

jim riley. i live at 1601 at the corner of 17th and lake street. my biggest concern about this is, number one, why are we here again? we keep rehashing the same thing over and over. the city commissioned the city board to make the decision and somebody skirts it and goes around it. somebody hires somebody with influence. the plans submitted are still fraudulent. they are existing plans showing the south side of 2,517th avenue is completely false. they did not remove a three story bay. they removed a two-story extension that connected the four and three story. i went to all of the hearings. it was very clear what this action what the dar was. restore it to the existing condition. i remember commissioner swig using the term board by naylor . or something to that effect. that is the language they have to use then that is what they should use. when somebody says restore it, it means put it back the way it was, and also quit using your influence because you used to work at 1600 mission street. thank you. >> can you repeat your name for the record please

street." i'm carl quintanilla with jim cramer, david faber come to you live from didn't locations this morning are getting closer to erasing early morning losses as we get this opec plus agreement. goldman suggesting the market bottom may be in place we'll get our first taste of q1 earnings with jpm and wells tomorrow jim, last week you did say you were beginning to feel better, it does look like david kostin shares that view today >> yes

messonnier, which jim acosta just referred to after she tried to warn the public. the "wall street journal" just reported that last week. and instead there's a lot of pressure placed on senior officials to fall in line. so the time line also shows the ways in which the senior officials start to say things in their public messaging that doesn't step out of line with the president which makes a very difficult situation for them. >> i mean, gloria, it is pretty stunning, too, in addition to that contradiction, right, consistent, and now we know what was happening behind the scenes that he kept saying this, that it continues even today, right? >> right. >> in the past two days he said if the virus comes back. when dr. fauci said i have no question it's going to come back. then today the president says, you know, maybe it will go away. and dr. fauci says, we could be in for a bad fall and a bad winter. the president uses this very dangerous form of words to describe the virus that may be in some modified form. there is no scientific evidence that this virus is going to change form. >> r

of jim crow and traveling dark roads and going into the old white court rooms and giving it under death threats, it was important to have good legal dimensions while everyone else is out on the street protesting and doing said saved games sitting in. he can't accept the idea that it was possible. also as a great orator there was a lot of debate. people were getting added on and it was very spirited. >> host: the co-author of the book on clarence thomas, was he considered for this? >> guest: he was raised a supreme court justice he certainly was someone who was raised. there were a lot of people that were raised that i think we were mindful of also not trying to make these choices based on ideology or based on factors this person was isolated we try to look at achievement and what was done. tiger woods isn't on here and louis armstrong is another that was debated. part of it, the process was we thought about we don't want to have it overly weighted with civil rights. you could fill an entire book fare. we were sensitive to what's missing. like i probably think if we added people in their in part because certainly religion is such a part in it and it still is and has played such an i

street." i'm carl quintanilla with jim cramer and david faber the ceos of mcdonald's, dow, and service now, as stocks look to give back gains on this final day of april futures down 200 weekly jobless claims, 3.8 million. that's a total of 30 million in the last six weeks oil is up on reports we could see industry relief policy announced, but the big story is surrounding big tech earnings like microsoft, facebook, and even comcast and qualcomm. >> it look like some of these companies were basically created for this moment if you didn't know, the microsoft quarter was just a thing of beauty a lot of that is because they'll have a product like teams or like azure that are incredibly strong linkedin doing very well facebook quarter was good, and boom, they say april is stabilization. one of the themes we're seeing in tech, or you have service now, we'll have bill mcdermott later today. they have an unbelievable quarter. maybe the best in the history of the company. so you're seeing companies that frankly not only do not have to make any excuses but are saying good things. you know, qualcomm, i'll

street." i'm carl quintanilla with jim cramer and david faber this morning, james gorman and verizon's hans vesbrg, as futures are steady philly fed lowest since 1980 housing starts down 22 it brings unemployment claims down to 22 million in the past four weeks and that essentially wipes out all the jobs created sin the financial crisis we know the dapta was going to be bad and will continue to be bad because this is reflecting periods that aren't april, and we know april will be even worse. >> right these are daunting historic we look at them, we must think about what was happening, say, in 1930, 1931. we realize that the system may hold, may not hold i think we're in a stronger position than then because they didn't have a social safety net, but these kinds of layoffs, they're extraordinary. and we are at a loss for words for them obviously, all these people are now in some way or another getting compensated this week. but i think it's not enough, and i keep thinking that the longer we don't have -- and it's not opening or closing america the longer we don't have faith in being with each other,

street." i'm carl quintanilla with jim cramer, david faber and sara eisen. a bit of a fade after the initial open art carbon, it's nice to have his commentary back. watch 2625 this morning. his broader point was despite the intraday selloff yesterday, the overall breadth makes him think maybe the bulls have the initiative for now >> yeah. although yesterday was brutal. if you were bullish and you were hoping for some constructive action, that we really had reached a bottom we wiped out more than 90 0 points in the dow. the close was all over the place. it was a nail biter as said on twitter. and today we're seeing signs of a rebound. it's interesting that energy is one of the best performing groups today oil is bouncing. even yesterday, off of that 8 % decline in crude, energy stocks held up. i wonder bargen hunting, if that tells us anything about how tethered stocks are to the price of oil obviously with it not being the biggest issue because of the health crisis and what it means people are dipping back to the energy stocks. >> it reminds me of the retail

street." i'm carl quintanilla with jim cramer and david faber coming to you live we're coming off the worst day in about two weeks futures do trim their gains as jobless claims come in 6.6 million. a staggering record, beyond precedent. there's plenty to watch, including boeing, disney, zoom, starbucks, and oil, jim, which was set for its best day in about three weeks on the president's comments about the russians and had saudis. i know you were discussing that a couple moments ago >> look, i think there's a sense that somehow you get a bunch of oil executives with the president, the president then calls saudi arabia and calls the russians and says let's stop this of course, the saudis are flooding the world with oil right now. the russians, it's not clear where the heck they are because they're very secretive, but i know who is not there, the drivers. there's very little demand david and i talk about this with you all the time, carl there's this overall sense, you know what, if we just get things moving, things will come back again. we need customers. we need customers to get their hair cut, t

street money, aren't they, charlie? charlie: and they have it. guys like jimnos, mark lazzery are lining up and will be giving money to joe biden. i don't think joe biden will have a problem raising money. mike bloomberg i'm sure will help him out a little bit. he said he would. donald trump will have a huge war chest, from what i understand. at least that was all before the pandemic hit. will it change the calculus of fund-raising, because you have to hold as you know these virtual fund-raisers now. but the big story today is something that i hit on earlier in the week and obviously, you know, the dynamic has changed now that bernie sanders is out and biden is, you know, the democratic nominee. the big story today is who his vp will be. he's obviously, he's said it in the past, it's going to be a woman. from what sources tell the fox business network, there are about nine women on a short l t list. this selection will be made probably not before june. the convention is still up in the air. we don't know, it might be a virtual convention with the pandemic shut

jim. it's nice to be with you again >> well, rick, every time i see you it gets better and better. whether i bump into you on the streetyou come on the show these numbers to me show me you're like the netflix of bonds, that people discovered it, it's better than what they were doing the other way, and they won't -- they can't live without it >> there are some similarities there's a new way to trade bonds that happens to be much more efficient, creates more trading opportunities and reduces transaction costs. so we've had a great run and we're not happy about the reasons why, given the events of the pandemic and the hardship that it's created around the world. but it has benefited our business as the value we deliver to our clients is greater than ever in this kind of environment. >> talk to me about this total credit trading average daily volume of $12.2 billion. and total trading volume of $269.5 these numbers are outstanding. >> they're big numbers and march was an incredible month because when you think about it, we started march with all asset managers and dealers operating off their main trading floors. we ended t

jim. thank you. this is a story about what happens auster a stray bullet kills a young girl in the street. what happens to her family and daughters in florida the other daughter is buried in a cemetery it is kneeling this is your head what happens to the community the public was screaming for a scapegoat the police needed a scapegoat so why not choose a 19 year old black kid with a criminal record who better to pin this on than him and what happens in court be the. shock shock as far off society you feel. we don't know she'll share this truth on. the end of this trial unfortunately you too will still love no children. has changed american lives but pharmaceutical companies have a miraculous solution. based drugs the people who are chronic pain and believe that their opioid prescription is working for them in the remedy be certain to. price at the. close of the dependency and addiction to opiates the long term use there really isn't scientifically justified and i'll study actually suggest that. the long term effects may not just be the absence of benefit but actually that they may be causin

street." i'm carl quintanilla with jim cramer from various locations. david faber has the morning off.stian will join us in a few moments stocks are looking for a bounce as the senate sends a package to the house. decent earnings from netflix, snapchat, chipotle, texan and others are overshadowing the 21-year low in brent crude oil as joe and kudlow were saying, a bit of a bounce

. >> so i'm going to jump in, sanjay, and ask jim's smart question here, because he alerted me to this last night, sending me the "wall street journal" piece that made my jaw drop reading it. it talked about your area of expertise, brain damage. long-term brain damage that's being found because of coronavirus. what do we know about that? >> yeah, i mean, we have heard evidence of this now for a little bit of time. i think we have a list of the various types of symptoms that people may have that aren't just affecting their lungs but affecting their nervous system overall. but you may remember, poppy, there was some evidence early on that loss of smell could be one of those symptoms that people develop as a first symptom even of this coronavirus infection. and even back then, people were saying, well, look, how does that fit in? what's going on here? is this some sort of inflammation that's happening at the base of the brain that's causing this or is there something else going on? still not clear, but now there's a much larger list of symptoms, dizziness, headache, things like that that again, may not only being symptoms of th

welcome to "squawk on the street," i'm carl quintanilla with jim cramer and david faber.vestberg joins us this hour with their earnings earlier this morning dow is down about 3% for the week georgia is starting to relax

street." i'm carl quintanilla with jim cramer and david faber coming to you live we're coming off the worst dayn about two weeks futures do trim their gains as jobless claims come in 6.6 million. a staggering record, beyond precedent. there's plenty to watch, including boeing, disney, zoom, starbucks, and oil, jim, which was set for its best day in about three weeks on the president's comments about the russians and had saudis. i know you were discussing that a couple moments ago >> look, i think there's a sense that somehow you get a bunch of oil executives with the president, the president then calls saudi arabia and calls the ru

street." i'm carl quintanilla with jim cramer we're glad to have david faber back after a couple days bulls doesday's gains, as companies like delta and