i'm andrew ross sorkin live at the aspen ideas festival in aspen.speaking with roger ferguson in a little bit live right here in aspen about frankly where things stand but right now the dow up 40 points nasdaq off 25 points s&p 500 off about 2 points we have great interviews coming up from the festival, including huawei chief security officer andy purdy his company has been in the cross hairs of national security concerns when it comes to chips and other products and the news from "the wall street journal" this morning about what the u.s. government plans to do around ai, chips and the like we'll talk to him about that doordash ceo and co-founder tony xu with us from aspen as well. and the fed, the inflation in big focus this week. former federal reserve vice chair roger ferguson also in aspen, he'll join us to discuss the fed's next move and jay powell's speech later this morning. becky? >> andrew, thank you and welcome. looks like another beautiful day there. >> thank you it is cold >> i thought you were saying another beautiful outfit. >> i like

i went to school in colorado i have not been to aspen andrew will join us from the aspen ideas festival later u.s. equities are off their lows you heard frank say it i said to mike, it was a crummy week maybe not surprising with the s&p. did anyone think it was going to be up 13%? >> total return is 15% with dividend people will pull it apart. the equal weighted s&p is up a little more. you signed up for an 8% year for the average stock. last week's pull back is textbook we were overheated going into it it wasn't really driven by a lot in terms of bond market pricing and new macro stuff. it seemed mechanical >> and we mentioned bitcoin in the headlines. we don't necessarily do that it used to be related. last time, it started going up from 17 or whatever. the market was not really participating. the market caught up bitcoin pulled back on what looked like specific instances there. more problems with exchanges then all of a sudden, blackrock and charles schwab is interested and citadel. it has nothing to do with risk on or risk off. >> it seems the institutionalization of bitcoin. that i

. >> announcer: this is "nbc nightly news" with lester holt, reporting tonight from aspen, colorado >>> good evening from aspen, where i sat down just a short time ago with former congresswoman liz cheney my interview with her in just a few minutes. >>> but if you're traveling by air, then you may have been one of the tens of thousands of americans affected by delays and cancellations, thousands of them brought on by severe weather. not an encouraging sign for this biggest travel week of the summer and for folks in the midwest, the air quality is the concern. smoke from canadian wildfires drifting south, making the air in chicago the most polluted in the world. and from california to florida, dangerous hot weather has 65 million people under heat alerts with temperatures of more than 110 likely in parts of texas and arizona. trouble in the air of all kinds. it's where we begin tonight with nbc's tom costello >> reporter: on the busiest travel week of the summer, a recipe for a travel nightmare. at the center of it all, the big three in the big apple. >> the plans keep changing literal

. >> announcer: this is nbc "nightly news" with lester holt reporting tonight from aspen, colorado. >>> good evening and welcome from the site of the aspen ideas festival, an annual gathering of thought leaders. more about what brings us here in a bit but let's start with the rebellion in russia and as a measure of just how rapidly events have unfolded there since the weekend, president putin today publicly thanking members of the wagner group, the very same mercenary group that challenged his control of the russian military putin now saying most of the wagner fighters are patriots who helped avert bloodshed. putin in remarks to the russian people, though, leaving little doubt he will not let bygones be bygones when it comes to the wagner leader yevgeny prigozhin, who led what putin calls a mutiny prigozhin also speaking tonight, backtracking on why he marched his troops toward moscow, and his whereabouts uncertain as the weekend chaos has now turned to lingering trepidation involving a nuclear superpower we begin with keir simmons, who is in moscow >> reporter: tonight president vlad

petrov ivan patrushev they found here not far away, the aspen of the war flew off the lip, a large supply of ore, and in 1703 a plant was laid here. establish the production of weapons in petrozavodsk did not succeed immediately, at first about a quarter of the guns turned out to be defective, and in the courtyard of the museum you can see the guns that did not pass trial firing. all of them were damaged during the tests only with the appearance in petrozavodsk of one of the best metallurgists in europe, the scots. charles gascoigne's marriage rate declined. gazkuin revolutionized the factory, so to speak, the industrial revolution. he brought the first steam engines here, he always brought wheels. wire the railroad, between the shops. he began to drill trunks, he organized a school for metallologists and a button factory. well, a lot of historical weapons in petrozavodsk can be seen not only in museum expositions. there is a polar odyssey club in the city, where the queens create natural copies of historical ships, including petrovsky time for studying karelian craftsmen , sailing shipbu

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andrew will join us live from the aspen ideas festival later in the show in a couple of hours because it is really early there. we have been watching what is happening with the u.s. equities you are going to see modest advances check it out green arrows slightly. dow futures up 17. the dow was down yesterday just barely down for the sixth day in a row. s&p is indicated up close to 10 points nasdaq indicated up 66 s&p and nasdaq were down yesterday. that is the fifth of sixth sec sessions they have been lower. you see it that is what we are looking at over the course of the last few days treasury market with 10-year treasury at 3.37 the 2-year treasury is 4.7%. it is tuesday and almost the end of june. >> nasdaq got hit hard. >> it was off. >> a lot the dow was unch that's had been leading. we will talk to a guy who was actually bullish now i'm not sure he is so bullish. barry bannister. we will see. our guests can count on one hand who are bullish from the beginning of the year. we will talk to him. they have a right now to be less bullish. >> we will talk to seth klarman. >> how has

aspen dental. book today. what do we always say, son?e... so you only pay for what you need. that's my boy. ♪ stay off the freeways! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ >>> the cdc is now warning doctors to be on the lookout for malaria, after a small number of cases have been detected in florida and texas. we should note all of them were transmitted locally. that means the infected people have not traveled outside of the u.s. to catch malaria. this is the first time this has happened in the u.s. in 20 years. cnn correspondent elizabeth cohen joins us now. a small number of cases so far. but still first time it happened in two decades. i wonder how seriously the cdc and doctors are taking this? >> jim, in speaking with folks fro from the cdc and dr. rachel walensky, they are taking this seriously. we're talking about four cases in florida and one in texas. these are both states that have a lot of experience with spraying for mosquitos. so that is a good thing. to put this in perspective, you mentioned the

. >> thanks for the time >>> coming up after the break, we're live from the aspen ideas festival that'se find our deirdre bosa ai is the hot topic there. >> hey, carl, it is. there was standing room only on my panel at generative ai earlier. it's all that everyone can talk about, including chatgpt exploded onto the scene about seven months ago i'll tell you what i'm hearing in aspen and why data is the new gold in this rush. >>> amid all these warnings about a big tech pullback, ai deals and acquisitions are heating up that's the focus of today's "techcheck" with deirdre bosa with an amazing live shot in as spen hey, dee >> it is there's no letdown here, at least in terms of that conversation one of the themes this year at the aspen ideas festival is edge of intelligence. discussions around harnessing generative ai's power as a net benefit to society plenty of talk about the downsides and risks as well. this is all taking place against a back drop of continued deal-making in the space yet databricks acquisition of mo mosaicml and snowflake partnership last night and thomson reuters with

here it must be said that we e decoction of aspen bark or decoction of the bark. use at the moment, very, very regularly, almost all modern people continue to use it. why because one of the active ingredients in these decoctions will be a decoction of meadowsweet , then a decoction of aspen, a decoction, willow is salicylic acid, which is now most of the people all over the world after 40. i take it off to prevent vascular complications. yes, this is a continuation of all the same and vova's bark, which, in fact , does not differ very much from osinova, with regard to the fact that she cures all diseases. of course not, but there are certain diseases in which there will be an effect. but again , pharmacologists say that, uh, what is inconvenient, uh , phytotherapy is unpredictable in the content of substances in vegetable cheese, that is, the rain has gone , the content of substances is less, and dryness. uh, the content of substances is higher, so it's not very predictable and difficult to dose, but uh, the beneficial effect is unconditional, both in aspen bark a

. >> announcer: this is "nbc nightly news" with lester holt, reporting tonight from aspen, colorado >d evening from aspen, where i sat down just a short time ago with former congresswoman liz cheney

they have yellow sheets of aspen with red tears the third question. for which group the first public the performance was the eurovision final, an unprecedented event, in my opinion, silver was collected specially for eurovision correctly. it was 2007 in 2006. dima bilan took second place. and this gave the russian representative the final the fourth question directly next year. if the secret quartet was killed, love lived on the fifth floor, then this group has 25. for some reason, it seems that the factory no is not the right answer. this is the roots group. the fifth question. which group in 2004 released the song rybka, which became a hit? it seems arrows no it is fabrika, anatoly the sixth question for you was the members of which group performed in a separate project in 2011-2012, adding a prefix to the original name? in this arrows are exactly arrows with shootouts. right. well let's sum it up zhanna 6.000 the first game is completed and it will start our guest jean-millionaires. you are super 60+ final tomorrow at 22:20 on ntv with age, changes

. >>> the country's top innovators and tech leaders are in aspen this week.should mention that nbc universal news group is the media partner of the aspen ideas festival we show you what big names in tech think about ai's future >> it's not the first time we have a powerful technology that is clearly going to display some, you know, significant part of what people spend their time doing. the speed at which it has arrived is new >> how do we do things like ensure the ai that's being deployed is being deployed in a transparent way, so you always know when you're interacting with ai. >> in 2024, we're going to have an election. and every side, every grassroots group and every politician will use generative ai to do harm to their opponents, and it will involve spreading misinformation the social media companies en masse are not ready for this >> you know, if we're not mindful, i think we will be introducing transformative, powerful technology in which people feel fearful and don't feel excited about >> the things that i think we all need to come to grips with is y

aspen dental. book today. >> weep turn raymond. rey. iel biden shown desperation today. >> election desperation worried about tuck of senator i don't manning running on a third party ticket dem credits are trying to discourage that run and president suck up hard in the east room today. joe mansion is standing this time he is i friends exit want to thank joe manning of west virginia here today as well. >> next heville a rose garden events in honor of cornel west. >> my brother cornel is here i'm wiring a scarf when biden says i money it sincerely he probablying doesn't. med similar comments before. i money it sincerely. i want to thank my republican friends hos voted for the luy. compliment the mainstream residence they fought like we usually fight. why laura when he says i money it he is worried about joe mansion. i don't mansion is the chair of the no lib's group have money and mansion has until january to declare whether he will run notoriety senate or. >> never going to will happen >> joe biden double-crossed him on the drilling. >>

reporter: these comments were made yesterday at the aspen ideas festival.so said that he's " ashamed" of being a part of the esg debate. during another part of the conversation though, fink tried to backtrack his remark but said the term esg has been politicized by what he calls the far left and the far right. "i don't use the word esg any more because its been entirely weaponized" going on to say"so in my last ceo letter the phrase esg was not uttered once because its been unfortunately politicized, weaponized and all that" and yeah, our business was hurt. he lost $4 billion of mandates because of 90% misinformation. a representative of blackrock declined to comment but told me these comments do not mean blackrock is changing any investment strategy, pointing out blackrock works for its clients and invests accordingly, but the comments, david, come as republicans have slammed blackrock's bullish approach to esg, accusing the firm of prioritizing woke political agendas over profits. >> what are these corporations going to do some who do they cater to? do th

our very own deirdre bosa joins us with this from the aspen ideas festival where this has been a hothas certainly been a hot topic and i moderated a panel on the ethic of ai and i asked speakers who are deeply involved in this space, if they were more worried or less worried about the impact of generative ai on elections than they were a few years ago. have a listen. >> i'm the same worried. the mid-journey stuff looks clunky as you're seeing there was a canadian example and the person had three arms that was in the ad -- >> a bad photoshop >> the reason i'm less worried is because two years ago we weren't having these conversations at the scale of which we're having them today and in one sense that's a good thing because people will be a little more weary -- a little leery of what they see and what is true or not true and on the other hand, that's pretty sad that we have to question everything that we see and i don't know if in the end it comes back to recommending watermarking and it's still a technology that's not fully developed. >> next year is a particularly intense election cy

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. >> that was mike wirth on stage with andrew ross sorkin at the aspen ideas festival on how to use the inflation reduction act. and revealing a new round of funding from the $1.2 trillion infrastructure package $42 billion earmarked to expand internet access nationwide the biden administration allocated $260 billion for infrastructure projects ranging from broadband and public transit to roads and bridges infrastructure related stocks fared well since biden signed that bill into law in november of 2021. the i.r.a. is positive versus the declines for the s&p and nasdaq that is with the big a.i. rally. let's talk about companies benefitting with timna tanners >> good morning. thank you for having me. >> we saw a funny announcement from the biden admin years ago and months ago, why is this not priced into market? why do we see the pop from the ifra etf yesterday up more than 1% >> i think there is an inflation skepticism that the dollars would be spent and some wait and see when it shows up government dollars allocated back in november of 2021 are barely materializing the other issue is l

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aspen dental. >> sandra: the white house still refusing to comment on president biden's possible connections to his son, hunter's business dealings after it revealed a threatening message from hunter demanding payment from a chinese business associate and saying his father was sitting right next to him. hunter was right next to his father last week at the state dinner for the indian prime minister modi. republicans say the special treatment doesn't end there. house judiciary chairman jim jordan blasting the justice department's handling of the tax investigation. >> we have a whistleblower saying they were denied information they should have had. hunter biden got special treatment and they ran this case in a ridiculous bay. way. that is a big takeaway. nothing has changed at the justice department. >> sandra: mark meredith is live at the white house. is today the day perhaps we hear from the white house? we expect a press briefing later this afternoon. >> i wouldn't bet my wallet on it. good morning

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aspen dental. book today. . >>> this just in to cnn. trump aide walt nauta not arriving in court.t's get over to katelyn polantz outside the courthouse in miami for the latest. we're expecting this arraignment. what's going on? >> reporter: well, kate, we are. we have been expecting this arraignment. walt nauta, the co-confident of donald trump, expected all week for the past few weeks to be appearing in court in miami. but just a few minutes ago with his attorney arrived he was alone. this attorney representing walt nauta came into the courthouse without his client, walt nauta. in recent days we know nauta has been in new jersey. he doesn't appear to have walked inside the courthouse. the judge is going to be on the bench momentarily. now it's a question of what is going to happen today. is this arraignment going to happen? can it if walt nauta isn't here, and how does the judge respond to this? we'll be listening to what stanley woodward tells the judge. nauta was in new jersey and there were a lot of flight delays up and down the east coast, so it's really unclear what will hap

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aspen dental.tro police say they have blocked a man from former president obama's house, and they found firearms and the components to make a molotov cocktail. the man also has a warrant out for his arrest already related to the january 6th attack on the capitol. cnn's gabe cohen is tracking this one for us and he joins us now. what more are you hearing now from law enforcement about what this man potentially was intending to do? >> look, kate, that's what investigators including the fbi's joint terrorism task force are digging into right now, but the early details here are really disturbing. police say taylor taranta was in a van in former president obama's d.c. neighborhood, with guns, with those explosive materials that you mentioned, after he made claims on an internet live stream that he had some sort of detonator, police requested a bomb squad to sweep the van, though at this point law enforcement officials tell cnn there is no indication of a direct threat to the obamas. but, look, our team

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to help you get ready your aspen dental team is celebrating 25 years of affordable care with an epicmer of smiles event. don't miss enjoying a moment, with our onsite labs to help you, fast, and 20% off your denture care. so, whether you need a new look or a quick fix, you can celebrate with a smile all season— always at aspen dental. book today. steve one person dead after a tornado tore through indiana tearing down buildings and knocking down power lines. look at that. >> holy [bleep] look, look! [bleep] look. right there. it's coming for you. >> steve: oh my goodness. rescue crews are still searching for victims this morning. more than half a million residents across ohio valley and the southeast also waking up without power after severe storms have caused a number of blackouts. senior meteorologist janice dean is joining us now with our fox weather forecast and janice, it is calm right here in new york city right now. but we had some crazy weather over the last 24 hours. >> janice: absolutely. we could see severe storms all the way up towards new york in the afternoon hours. take

aspen dental.ica: barack obama has some concerns about media coverage in america. the former president calling out what he sees as a double standard for the nonstop attention of the doomed titanic sub versus the migrant boat that sank off the coast of greece. >> obscene inequality. 24-hour coverage. i understand. at the same time, right here, just off the coast of greece we had 700 people dead. it's not dominating in the same way. in some ways it's indicative of the degree to which people's life chances have grown so disparate. [muttering] >> jessica: greg. what do you think of the point that obama was making? >> greg: it's like old professor morality question, why do you care less about the death of a large, people far away then someone you love. it's a false comparison. in this case you have one case of huge scale tragedy, grace period and the other is more intriguing because it's a salve that goes underwater, which they do, and risks people's lives. it's adventurous. it makes in a more interesti

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to help you get ready your aspen dental team is celebrating 25 years of affordable care with an epicenjoying a moment, with our onsite labs to help you, fast, and 20% off your denture care. so, whether you need a new look or a quick fix, you can celebrate with a smile all season— always at aspen dental. book today. >>> any minute, we expect to hear from president biden to talk for the first time about his reaction to the supreme court decision, which guts affirmative action and the way that it is right now at colleges. we're also tracking reaction from republicans to this historic ruling, including and especially those on the 2024 campaign trail. back with me is abbi phillip ask jeff zeleny. you want to play what tim scot, who not only is a candidate for president, but also the only black republican in the u.s. senate. what he said. >> harvard can do to make that even better is to eliminate any legacy programs where they have preferential treatment for a legacy kid. let's make sure awl admissions are based on academy you can scores. >> he's right. legacy admissions, athletics, kids o

aspen dental. book today. the supreme court giving a big win to voting rights today.ces decided that the north carolina supreme court did not violate the u.s. constitution when it invalidated the state's 2022 congressional map. the ruling rejected the controversial trump backed election theory that would have given state legislatures a limited role in reviewing election rules in federal elections. former president obama just one of the people applauding the courts ruling, saying in a statement, quote, this ruling is a resounding rejection of the far-right theory that has been peddled by election deniers and extremists seeking to undermine our democracy. it makes clear that courts can continue defending voters rights in north carolina and in every state. joining me now is -- former acting solicitor general and host of courtside with neil couch out the podcast. he wants today's case on behalf of the voting rights group common cause. joey was witness so important for the country. >> judge michael luttig, a prominent conservative judge described this as the most important

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aspen dental.k today. >> questions mount tonight of the whereabouts of russia's former top commander in ukraine. sergei certainly can. reportedly has not been seen since friday. it comes as the new york times reports survey can might have had advanced knowledge of the wagner boss's plans to rebel against russia's military leadership. i want to bring in now, former defense secretary william cohen. secretary cohen, what do you think is going on with sergei? do you believe he might have been aware of this attempted insurrection? >> abby, thank you for having me on this evening. we are really in the land of speculation at this particular point. we really don't know. what i think we are seeing is, the longer he stays out of the public eye, the longer it is before he comes home to his wife. who said he had not come home from work yet. so a long day at the office the past week. but the longer he is away, the more suspicion and speculation is going to be that he represents more than just one individual. bu

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. >> announcer: this is nbc "nightly news" with lester holt reporting tonight from aspen, colorado.

we heard from the aspen institute, wherever you're based, if we're all working together, we can makethese things happen and reach out to us and help in any way because we're we believe this is a journey that we're on together and need to accelerate. how fast we get there. thank you so much. it's been a joy with you both today and congratulations on the book and i hope everybody here in the audience find some time to look through it and reach out to the authors. as they said, they couldn't be more generous with their time and their expertise and i wish everybody a

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