lemonis: the situation at black rock is bleak.ned up a couple months ago, and already, they're $15,000 past due on the combination of rent and equipment. it looks like they're ignoring their financial obligations. gary: he has the money. i think he's made a decision to not put anything more into the business. lemonis: so he's personally guaranteed this? gary: yeah. lemonis: the owner of black rock café has a $75,000 personal guarantee on this equipment and the lease. what that means is that we can go collect on his personal assets. i don't want to do that. what i actually want to do is come up with a solution that works for black rock and works for swansons. well, if they can't pay, then what about the possibility of turning that into, like, a swansons grill? maybe it's a way to sell more fish, get better prices. gary: yeah, that might be a great idea. lemonis: swansons should have a restaurant, and black rock, the way it exists today, isn't a viable business, so i feel like i could fix both situations with one meeting. why don't

gold for their younger clients there seems to be a generational shift i know also over there a black rock they're saying a lot of money flows out of gold and typically. a last episode even last year this was heresy to say that because it beat gold and yet here we are in 2021 and gold is trading quite poorly because of course skyrocketing that all time highs what's going on there bets morgan stanley's mentioned in most of the banks you've mentioned about commodities i mean commodities everybody thinks commodities are going to be a boon for the rest of the next couple years and it's in the coming decade i think commodities have been massively oversold i think people should really start looking at commodities as the undervalued asset classes of the future there are a lot of assets out there that are under priced and undervalued but many stocks right now look for a big correction in the stock market last time you had me on when bitcoin was below 20000 i told you to buy i was right on that one i've got a lot of good calls coming up in terms of commodities and i'm in everything other than the s

max you know it's all about i date identity politics in woo michael bloomberg larry fink who's at black rock who the stage federal reserve has outsourced everything to right now bill gates the dictator let them eat bugs i mean from vaccines to farmland bill gates owns it all so why would the dollar go higher it won't use so much debt in the system it's a problem over $300.00 trillion dollars of debt and they just keep printing printing and printing and giving money away so the dollar basically has declined since 1913 and we're about to see an implosion and the end of us dollar hegemony as we know it you know what i hate bugs i think that's a vote weighing slogan for sure. but you know you mentioned the work oligarchies ok let's let's talk about that for a 2nd because all of our kato many people and industrial concentration and robber barrons that type of thing but this oligarchy has all of our financial types on wall street who print money and just give us a taste of what kind of this new all of archy looks like that well if we got a disorganized government we've got janet yellen who's a lif

inception have been dominated by these very elite professional institutions the goldman sachs the black rocks but we've seen technology really change that so you have a whole swath of new trading apps like robin hood that have allowed everyone really people like me a new to begin trading and you also have social media platforms which have allowed these amateurs to come together and start coming together to discuss ideas and investors the amateur investors have been gaining power and game stop became really the. catalyst for them to show the world and what difference will this hearing make. i think that still remains to be seen one big discussion is how. trading apps like group like robin hood can do more to protect individual investors to protect the small investors but there's also just a question about potentially making the making more transparency for hedge funds as well and for increasing regulation on social media companies are really everyone is in the line of fire. from food thank you so much. well staying with stocks and shares prices for commodities surging the likes of iron ore cop

malloch of incremental he's now with his annual gold we trust report mark welcome back i mixed so black rock the largest asset manager in the world recently said that bitcoin is displacing gold from the numbers they see from their clients young people are just not interested in gold they're buying bitcoin is bitcoin eating gold lunch mark well we do see a great trend into into fits kind of specially the last few months but still i would not go so far to say that it is the monetizing gold as a lot of big quantised like to claim 1st of all gold isn't more ties to currently so gold at best is a store of value outside of the future currency system but going forward think a lot of people look for instance in asia or in the middle east who's so. connected to to the physical metal that i really don't think that these people who hold so the gold and just buy into a big club but i do agree that big question is an alternative. is taking perhaps some part of the market share for not an inflatable s. it's well on the other said 11 should note that this market is a growing market we are in a negative rea

percent of white households saving their own properties out rights and only around 80 percent of black rock songs in the same position. so you know this is and we see part of this is related to the way in which we can accumulate wealth really. inheritance so the way that well builds up 3 families and 3 communities and this has not been impacts on the ability to control what you are able to do right so for example if you're living in a primarily black community and london. which becomes. possible further developments that becomes the objects of a kind of managed decline put into the hands of property developers. so make possible except so gentrify or the people are called socially plans you're not in a position and see to sort of. fight against that in the same way that you might be if he if you own property safe rents go up and there's very little you can do if you're incapable of meeting the rent demands then you'll be pushed out further out since this outskirts of london. and you really see justification for instance the coersion the grazing surveillance state all these factors as. you ca

this is institutional capital whether it's vanguard, black rock, fidelity being redeployed into the value and the small cap sector in a massive way. is it not and how long do you think this might last? >> well, i do agree with you that these are indexes and these are stocks that really are underperforming before the pandemic and then when the pandemic hit, obviously, they got crowded out. it was tough to get capital for some of these guys they really undervalued in a way and the accelerant of the fed pouring money out there and the stimulus going on, people are redeploying their capital and looking at the small caps, which are less valued, lower value than the large caps to a degree. and given the fact they're probably not in the regulatory cross hairs under the new administration, more domestic in nature as we open up the economy and the american consumer who doubles the savings rate, more than double the savings rate to historically high levels, to deploy and buy goods these companies stand to benefit. >> susan, i mean, just expand a little bit we talk about the small caps and the reope

brian deese most of all from black rock who has spent years telling black rock investors to invest inf the economic council. what is he going to advise the biden administration do? buy green. who is going to benefit? black rock. this happens all the time in washington, d.c. let's be honest about it and stop trying to tell people like adam that they are bad for the environment and start telling him honestly you are just on the wrong side of the political conversation. steve: it's terrible. blue collar joe was for the blue collar until so many lost their jobs just two weeks ago yesterday. adam and daniel, thank you very much for telling us your story. >> thank you for having me. >> thank you. steve: you bet. we will keep you posted on adam's progress. meanwhile, it's the moment so many parents across the country can relate to. remember this? >> the garbage workers who pick up my freaking trash risk their lives every day more than anyone in this school system. figure it out. steve: this morning ainsley speaks with that father, there he is without a mask. along with more parents in virgin

tom: right now jeffrey rosenberg is joining us from black rock. the portfolio manager.the blackrock call nuanced that a company of noise and what we see in this jobs report, how is the yield call morphed for blackrock? jeffrey: the changes that the focus is less on what the fed will do and monetary policy and more on the fiscal policy. when you look at this report, there is a little bit of good news, a little bit of bad news. i don't think it really changes the overall narrative from fiscal policy. market expectations for fiscal policy. it appears we are going to go to the bigger plan. with that you have this return to a pretty significant bear sleeping in the curve. that is a reflection of the impact, the expected impact, of these significant fiscal policy. i will use the plural, because the focus is on the first 1, 1 .8 trillion dollars, one point 9 trillion dollars to address covid. it will be followed by a second one, further economic fiscal interventions. that is really the focus here. that is what is changing the outlook. steepening of the curb, increasing expecta

in fact, rick reider of black rock was with us and manages trillions of dollars let's listen and we'll talk about it on the other side >> there's this knee-jerk reaction that people have when they say rates go up and real rates go up and people take time and think about where things like technology are and you think about where they were, where real rates were, markets like to focus on rate of change, and i think people are misinterpreting how much this move and it's a big move that happened so quickly, but boy, oh, boy, real rates are negative and there's only been one time in 21 years that has been negative and it was 2012 and 13 for a brief period of time and we're still in incredible times and why perspective makes a difference carrie, i'll distill it down get real stop overreacting to all of this stuff! the economy will restart in a big way and there's a lot of pent-up demand and a lot of good that's out there, isn't there? >> yeah. definitely, and by the way, i definitely do not want josh to be embarrassed for me, so i would say the following, that a year on. >> i love you, kari.

well burning man may be returning to the black rock desert the summer after receiving positive feedbackrner survey organizes they're planning to hold a 10 day event on on schedule in late august. ticket sales are scheduled to start. on time in late march. early april, the burning man organization does say they expect a much smaller crowd this year, given international travel restrictions and possible vaccine verification steps being implemented, friends harry and megan officially resigned from their officially resigned from their royal duties covid has made clear that having health insurance is more important than ever. at covered california, every plan is comprehensive, covering everything from preventive care to mental health. and it's the only place that offers financial help for health insurance. enrollment is open due to covid-19. if you or someone you know isn't covered, now is the time to sign up. covered california. this way to health insurance. enroll now at coveredca.com. official role in the royal family as they settle in inter life here in california. the couple confirmed to

what one global elite that he might be referring to is steven schwartzman who is the ceo of black rock, the billionaire who has given tens of millions of dollars to donald trump. another new york billionaire who's never had any kind word to say for unions and has backed union-busting legislation and thousands of lawsuits from working-class people like plumbers, like my grandfather, painters, who he hasn't paid in his private work life and yet somehow mr. smith wants us to believe that this legislation, which is supported by all of the unions and the vast majority of the american people is aiding to the destruction of the working class and serves mysterious global elites which is -- which he has not elucidated. is he talking about people like steven schwartzman who put millions of dollars into dark money and it tripled its way down to the people who attacked the u.s. congress and american democracy? and has gone out to politicians who refuse to honor an american election just because i didn't go their way, even though it was won by more than 7 million votes by joe biden. and by a margin

founding is the appeal of etfs and the fact they have become so useful we saw slv, the silver etf from black rock $900 million one day last week. which is the most ever the commodity etfs are a little bit different because they have to be backed by face call silver how does that change the whole game and evasion for you in terms of demand for silver >> it opened up people investing in silver in an easy way before it was complicated. they had to hold the silver themselves you know, they had all the risk of loss of holding that silver now they are able to invest in the etf. so it's really just made it much easier, democrat advertised if you will people owning silver. it has been great i think net for our business silver prices are you know five times what they were 20 years ago. >> and so who do you think the marginal buyer is now? rather what is their reason for buying silver? is it a hedge asset a protection asset or because of exposure to its growing use in different areas? >> it is both of those things. it is a monetary asset, and, you know, gold is not too far from its all-time highs silver is

black rock, the ceo has been on the forefront of the leftward movement of corporate america pushing forvesting. blackrock has a bunch of people inside the biden administration, including brian deese, the head of the nec national economic council. that's a very powerful position that weighs in on a ton of issues. brian deese replaced larry kudlow. when he was at blackrock was the head of their environmental investing unit. so this is becoming. >> dana: a great example happening in the country in texas. you write in your piece big business's support of green energy legislation, various social justice and it is almost not news anymore. the question is why? can an event like this cold snap we're having and millions of people without power wake people up? >> it could. i mean, you know, you hope that the market forces bring sanity back to corporate america. listen, you could say market forces forced mark cuban, head of the mavericks, to redo the national anthem at his games because the nba did it because they were facing a backlash. the nfl has become very woke and ratings went down particula

it's the bank of international settlements, it's mckenzie, it's black rock.s a report by a nobel prize winning economist that heat filed under oath and subject cross-examination in all of that. in february of 2019 i sent this to every single one of my colleagues here in the senate, with very little effect apparently. but i want you to be aware of it and i would like you to comment briefly on how seriously you at omb are going to take these warnings. if there's a crash from the current bubble busting, if there's a crash from coastal properties collapsing it will be the most warned of crash in history. and what are we going to do about? it what do you take these warnings seriously? >> i absolutely take them seriously. the president himself recognizes that deep cataclysmic crisis of climate change, but i will also say that i am really excited by the possibility that i am -- if i'm privileged enough to be confirmed i'm excited by the possibility of the cost of inaction on climate change and the -- by its acts and in action on climate and the economic impact of th

it's an honor for her hair to be celebrated she notes that hasn't always been the case for black people rockingheir natural hair in the workplace and beginning of my concerns were. >>is it need is it too big a noaa has buying but is it too bag and then in the beginning you get those kind of comments all the negativity and is not your business as long as you love your and you think it's that's all that matters core to 22 new. >>courtney as you heard reporting right there that wraps up kron 4 news at night. but our primetime news continues at the top of the hour, the long-awaited return of indoor dining, it's come to san mateo county at least that not every restaurant though is letting customers inside why some are offering only take out for a bit longer plus recent coyote attacks in the east bay. >>well families now are on edge worried about going outside this weekend. the steps some people are taking to try to stay safe keep it here. the news at 10 next.

a black bernie wouldn't have rocked the mittens because a black bernie would've felt social pressuree bernie doesn't feel that because he's so privileged he can go casual. casual bernie is funny and that's the meme. she is mad at that. as you know, we did our dna test. i am 0.1% black. i don't think i am black enough to understand if black people feel that privilege so i'm going to sit this one out but i will say i don't think race has anything to do with it. i think bernie sanders doesn't own in the black isa toner leather gloves. i think bernie got mittens for free or bought them for 20 bucks and wore a park on because he's 80 and freezing. and he probably wouldn't be warm enough in nice blue topcoat. that's what this is about. nothing more, nothing less. >> greg: i'm glad you explained that. the thing that bugs me most is when they say things like individualism and perfectionism and objectivity are signs of white white's primacy as though minorities can't be individualistic's. it's racist towards minority, not whites. >> juan: i don't know where you're going without but i will say

that comes after recent moves by asset manager black rock and payments company square and paypal mastercarde change may open merchants to new customers who are flocking to these digital assets but obviously it raises the question, guys, whether they would be actual buyers of bitcoin like we saw with tesla earlier that week earlier this week. >> yeah. >> that's pretty interesting i haven't read it all the way through yet, but the guy's a professor. he must really be smart. bitcoin can be a good investment, but be wary. it's rising on a -- yeah, anyway, it's in the "wall street journal" on a17. i don't know, do you guys think it should be thrown in with the reddit trades? see, that bothers me but, you know, when they throw doge, however you say it, when you throw that in there, i don't like that when they decide we're just going to -- >> it feels like more of a twitter trade than a reddit trade. those were people following twitter calls. >> the doge thing. how old is bitcoin, it's like fifteen years. people have been rampantly bullish on bitcoin for, you know, other reasons rather than being

later we're going to talk to black rock's rick reader for his take on rising interest rates, what its and a reminder watch or listen live anytime on the cnbc app coming right back. make fitness routine with pure protein. high protein. low sugar. tastes great! high protein. low sugar. so good. high protein. low sugar. mmm, birthday cake. pure protein bars and shakes. for every fitness routine. since we founded affirm 8 years ago, and through to this day, our mission has been to build honest financial products that improve lives. we're proud to be putting consumers back in control of their finances without the fear of falling into debt or paying exorbitant fees. we're also proud to be a powerful revenue accelerator for merchants. a payment system like ours has never been built. but, it isn't only good business, it's the right thing to do. >>> welcome back to "squawk box" this morning futures are flat nothing really to write home about. nasdaq off a little bit more in point terms, but dow jones basically flat switzerland's nestle is selling some of its north american water brands to two

think it's a completely different story to be able to actually see, literally the black stones and black rocksf the world. actually blackrocks of the work are looking, seeing the retail, buying it at double the price, and they're able to buy it yesterday. i mean, anyway, it just, to me, represents so many of the different issues that need to get figured out, spacs may very well become an important part of the market over the long-term. there's so many different component parts that need a little bit of fixing and maybe some disclosure. >> and ask not, ask not for whom the bell rings. >> for whom the bell tolls and if i didn't know what i was talking about, i would say, you know, hemmingway came up with that he coined that phrase, but once again hemmingway borrowed it from john dunn, the metaphysical law. death be not proud no man is an island. dow component. home depot, a lot of stuff to talk about here. number one, the home improvement retailer beat by $0.03 quarterly earnings of $2.65 a share. revenue came in above estimates. comparable sales were up 24.5% for the quarter. no benefit from st

black students chosen to desegregate this arkansas school. >> what do you remember about that day >> how terrified i was. >> there was talk among the little rocklow a mob to save one of us. >> they were among the black students who became known as the little rock nine. >> why did you want to be part of this venture? >> i wanted something very different for myself and others like me. >> i think their story and stories like that are what encourage me to become a teacher. >> this congresswoman taught for 15 years before she decided politics was the path to change. >> was there equity in education when you were teaching >> i remember my first year of teaching, i had four text book for class of 29 students these are the type of in investments that we have to make if we care about our children's education. >> now nearly 70 years after segregated schools were outlawed the number of minority schools has more than trinitiled, housing segregation and income inequality and some families with the option to choose the schools they want their children to attend contribute to the state of education now. >> kids in affluent districts have access to more resou

black students, chosen to deseg ra gate this arkansas school. >> what do you remember about that first day >> how terrified i was >> and the talk among the little rock, who were protecting us, sort of whoa tekting us whether or not they would allow one of us to hang at st. pete's >> reporter: elizabeth and rod were among the black students who became known as the little rock nine. why did you want to be a part of this venture >> i wanted something for different foy myself and other people like me. >> i think their stories and stories like that encouraged me to become a teacher. >> reporter: congresswoman joanna hayes taught for 15 years before she decided politics was the path to change >> reporter: was there equity in education when you were teaching >> i remember my first year of teaching, i had four textbooks for a class of 29 students and these are the types of investments that we have to make if we care about our children's education. >> reporter: but now nearly 70 years after segregated schools were outlawed, the number of mostly minority schools tripled in recent years. housing segregation, income inequality, abandoned policies and desegregat

. >> we just know this to be a style that black women rock. >> reporter: but to detroit stylist nianiete the rotation. >> reporter: a braiding class launched during the start of the pandemic geared towards women who may feel self-conscious for lacking the skill. >> we always assume that it's something that we all have to know how to do and then the rest of the world assumes it's something we all know how to do. >> reporter: as she began teaching classes she found women were signing up for another heartfelt reason, to build bonds with their children. >> they wanted to jo the class because they felt a disconnect with their children because they did not know how to braid or style their hair. >> i just was scared of being judged. i was like, man, i'm black and the stereotype is that black women just know how to braid hair, but i didn't know. >> reporter: now a graduate of the class, michele says she's gained a skill to pass down to her daughter and even started an instagram to document the style. >> my daughter is biracial so i am so on top of making sure that she embraces her black side

it is easy to look at black lives matter movements or the standing rock water protectors and think thathat is extremely dangerous, even if you evaluate them objectively by the evidence, they are not nearly as violent as white supremacists or far-right schuurs. -- melissa groups. there is a tendency. they created aategory to try to manufacture a terrorist threat out of the black lives matter movement. i think it is a problem. my concern with those groups actually becoming violent if the lack of law enforcement attention to white supremacist violence. steve: we are going to have to leave it there today. this is a discussion i could have for a very long time. i think it is a very real and present struggle in the country right now, dan, you begin looking at this way early, and mike, even more. thank you so much for joining us today. >> thanks so much. >> thanks, dave. steve: what is the bottom line. history is clear. every time men have to share power, whether with women or any minorities, there is a rise in intolerance. these groups pray on fear and talk about my genocide, and their follow

you will be starring alongside dwayne "the rock" johnson in "black adam."ow is that even a movie? are you buying the shares? are you selling the shares? are you robinhood or gamestop? what is happening here? >> my buddy enzo is super in tune with that whole situation. he was telling us about it, like, three weeks ago. so i was immediately like, well, i'm ( bleep ) in. i'll buy all of these. we're watching it. we're watching it. and my manager comes over one day, and he's like, "what are you guys talking about? we were like ba-ba-ba-- we were talking incessantly about it. and the next thing i know, boom, there's a whole project. >> trevor: man, i'll tell yo >> trevor: man, i'll tell you i fan of yours it's been insane watching the journey. continue growing. continue having fun. don't stop being grateful. thank you for joining me on the show. >> dude, thank you. i don't want to say good-bye. ( bleep ) that. there's got to be more. >> trevor: there's always more. there's always more. but there are time limits on everything. there are time limits on everything.

i till anybody, i'm a little black girl from oakland, california, and we're ready to rock 'n roll ints. >> "race in america" air this is thursday night at 6:30. you can join the conversation at nbcbayarea.com/race in america. >> she's got a good vibe. >> yes, she does. >> can't wait to see that. >>> up next, a local coach. >>> tonight at 6:00, frustrated and fighting back. the robbery outside a chinatown liquor store and how the owner took things into his own hands, that story and more at 6:00. >>> next on nightly news, the dos and don'ts want you get your shots. what you need to know before you start visiting friends and family again. >>> finally at 5:00, special honor today for a local coach. >> we know this guy, janelle, well deserved. the olympic committee naming him coach of the year. it is well-deserved. the san francisco studio has been turning out champions for years, including his own son who won silver and bronze in the 2016 olympics. get where he is. he's working. >> of course, got to get ready. >> he's in colorado springs with team usa and the hopefuls in the fencing team

agent right there with easy to look at black lives matter movement or the standing rock water protectors and think that that is extremely dangerous even though if you evaluate them objective lead by the evidence they're not nearly as violent as as white supremacist or far right militia groups. so there is a tendency to view that matter of fact the f.b.i. created a designated terrorism in the category called black identity extremism. that tried to manufacture a terrorist threat out of the black lives matter movement. so i think it is a problem but my concern with those groups actually becoming violent is the lack of law enforcement attention to its promises violence well gentlemen we're going to have to we're going to have to leave it there today is a discussion i could have for a very long time and i think it's a you know a very real and present struggle in the country right now dan recluses you you know began looking at this way way early and mike german you did the same for so writer and director daniel reduces former f.b.i. agent michael german thank you so much for joining us today t

i tell anybody i'm a little black girl from oakland, california, and we ready to rock 'n' roll in these streets. >> if you enjoy that part of the conversation, you do the no want to miss it. she is an amazing woman. dr. angela davis and educator toby scruggs hassan. "race in america: the conversation" this thursday at 6:30 p.m. don't forget. see you then. >> we'll look forward to it. >>> on the hunt for a ball. next on "today in the bay" the must see moment an nba star went to great lengths to recover a basketball, in the middle of the game. >>> plus, swing batter, batter, the big changes the oakland a's will be dealing with as they kick off spring training today. >>> crews in portland are racing against the clock to save a floating home from sinking. that home is docked along the river and listing under the weight of heavy snow and ice. the floating home not occupied. portland has been slammed by the weekend icy storm that has left a path of destruction. 4:53. we'll be right back. tonight, i'll be eating the pastor burrito from boca burritos right here in aurora. (doorbell rings) excel

black areas are dead tissue. among many industrial operations where a silica hazard exists is the granite, and other rock.s 35 ton block of stone has been hun out of the quarry by drills. these drills are dust producers. those men are drilling in granite. the dust clouds arising contains large quantities of free silica. workmen often call these tools widow makers. these men are exposed to a serious silica hazard. imagine breathing quantities of dust like this eight hours a day, day after day, year after year. after the stone is quarried, it is taken to the plant for servicing and finishing. the granite servicing machine produces quantities of dust. the worker must stand close to the machine in order to operate it. he is breathing dangerous dust. when crushed stone is passed over a vibrating screen, more silica dust is dispersed into the air. workers nearby cannot escape this dust. finally pulverized granite is put into bag to be used as asphalt filler or other uses. this machine is being operated in such a way that the workmen must breathe in clouds of harmful dust, and this man is totally unprotected. th

woman running from a an angry crowd and frightening her and throwing rocks at her and at the bundle says been carrying is her black child. this german impresario at the climax of the film reveals the truth to the audience in the circus that she has a black child and of course the soviet response is so what do we care we don't care if he's purple polka dotted. and then he goes yearly is passed. to various members of the audience policing him a lawyer by one of the languages of research. i mean it couldn't be more. saccharine and more propaganda stick by it but it hit all the right nerves at the time as explain credibly popular even the song. was even a sort of a defacto anthem of the soviet union. it's definitely fear to say that those who appeared yunior with the crown and leader and anti-racism. government. if you. think. you're right. i think why couldn't we. look. at a little black boy from the circus movie is now $87.00 he was born and raised in the soviet union he served in the navy as a submarine and he became an also he went short stories in the early 1990 s. after the soviet union collapsed. to the usa to