and we've got cummins. what a show. stay with cramer >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer #madtweets send jim an e-mail to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. what do you get from the morgan stanley client experience? listening more than talking, and a personalized plan ♪ to guide you through a changing world. ♪ ♪♪ the only thing i regret about my life is that i did what everyone else did at the time. i hired local talent. if i knew about upwork, i would have hired actually talented people from all over the world. instead of talentless people from all over my house. -grandpa... -shh.. shh.. shh.. -but... -shh.. shh... shh... -but... -oh... ♪ this is how we work now ♪ e your time trying to analyze market trends. that's what vector vest is for. our market timing indicators let you know when to buy and sell so you can ride the rallies and avoid downturns. vector vest■s powerful tools give you

he subpoenas phone records from cummins it is staggering how the d. mr. cummins according to miranda devine gave information to the "new york post" about the emails detailing what you just described. tomorrow there will be a press conference by house oversight chair james comer about what they're finding based on bank records about the web of shell companies biden family was using to bury the cash flows from overseas deals. what are you looking for in that, brian? >> yeah. thank goodness comer is doing that. he is looking for a paper trail. he is looking for you know, where is money flowing. i think that is really important. i they comer was also, has subpoenaed from the fbi a recorded interview from an important witness. he wanted that as well. the fbi has not even responded yet and, look, at the end of the day people in this country should be outraged. our own justice department is arguably obstructing justice, failing to investigate potential crimes and refusing to produce what could be critical evidence to the house oversight committee. i mean, yo

. >>> cummins joining the spinoff trend. its tech business going public at the nyc we'll speak with the ceo after successful pricing. >> we've been here before. 4200 s&p has acted as a ceiling for the bulls. not quite intraday for the highs, that would be 12 points higher the ai theme catching fire this week, decent ecodata, resilient consumer, some downtrends in inflation and freight costs, sara, adding to what -- i don't know, not quite goldilocks but going that way. >> we're on pins and needles for a debt ceiling deal. you take into account 72 hours lawmakers have to review the legislation, 24 hours to come back from memorial day recess and before the treasury's x date, which is june 1st, next week there is optimism that we'll get it done today. that's budding against this idea that rates for the fed may have to stay higher for longer or get even higher. getting that pce, the inflation print at 0.4%, which was a little higher than expected, was a surprise consumer spending strong, 4.5%, adjusted for inflation strong start

then there is cummins he is taking the engine company out of the dark ages of diesel into the bright future of the hydrogen economy. okay i know cummins is working on hydrogen powered vehicles and the big ticket pieces of vehicles that make hydrogen. they just selected them as an dry hugh droe plant. that's not what we expect from an old school engine company but with a world where there tons of mutual funds think they're among the best rivals by eaton. i wish they would come on air. they have a business that can reduce the carbon print. i mean that is eaton i think the long term story of power management confuse the strategists. they keep working regardless of what the fed is doing. the industrials are supposed to be falling here. you can't pigeon hole the industrials anymore. you would in a predecar predecarbonization era who knew what that meant five, ten years ago? the second confusing seg sment housing. frankly, dr horton i could have put up dr horton, i should have put up. these are the strongest charts in the book. historically the stocks should be at their 52-week lows not hi

obvious, pat cummins is their captain, so he'll be trying to get through five test matches but again,ide, you ask most of our bowlers, especially myself and stuart, who are slightly older than the rest, you know, for me, three out of five would, i think, be a success for me. reporter: i do wonder if you visualise towards | the end of the ashes series and being at the oval, winning back the ashes, and thinking, "that's a brilliant career. "i can sort of think full stop." yeah, well... i mean, i look back now and think that i'm really proud of my career and what i've achieved but also, ifeel like — at the moment, i don't see it — i don't see the end in sightjust because of how i feel when i've been playing for lancashire this year, the way i've bowled, i feel like i've still got a lot to offer. i'm sure there will come a point when i think, "right, that's it, that's enough," but i'm not there yet so i'm just waiting for that moment. i remember hearing eoin morgan talking about it and he just woke up one day and thought, "that's it". and i'm sure the same will happen to me but obviously,

thank you very much, bud cummins, thank you for coming in today. to dig into this thing. appreciate it. >> it is. stuart: changes are coming to public schools. many are adopting four-day weeks, even getting rid of homework, all in the name of equity. gillian turner files that report in a moment. >>> cornell university created a new free speech committee. one professor says it is stacked with diversity, equity inclusion scholars, dei. the professor is next. ♪. ♪. stuart: no question, public school standards are changing. many schools are updating their grading policies. some are adopting four-day weeks and some are doing away with homework all together. gillian turner is with me. gillian is this all in the name of equity? >> some of it stu, turns out it is. four-day school weeks, less homework are two trends reshaping education entirely in america's grade schools. the controversial moves are meant to slash costs, plug the teacher drain. as you mention, achieve equity among students. colorado school superintendent for district 27 says his schools lov

then expecting and ultimately if we need to requiring people cummin doors when the spaces are available. >> reporter: advocates worry the plan may trample the rights of the homeless. >> it seems an inhumane thing to do to someone who has nearly nothing. >> it ain't going to solve nothing. we are just moving trash around. not saying we are trash but they're just moving it around. >> the mayor will hold a news conference to go over a plan to build individual shelters to end what he calls era of unmanaged encampments. >> the numbers are not in yet for the year but recent numbers show things are improving. this is a look at the count between 2019 and 2022. you can see cronic homelessness decreased by 11%. amount of homeless people not in shelters dropped 15% over the span but that corresponded with 18% increase in the number of people at the homeless shelters. the city was supposed to count this year but skipped it. officials have not said why. >>> let's switch gears and check with darren peck for a look at our weather. i keep hoping that fog will burn off. it sort of is. >> for most places

countries could come together and stop putting in place the rules allowance of treat this global cummins with the attention it deserves inside story on outages era. the so the moments in history, king charles is crowned with pumpkin patch in truth and the case for us coronation, 17 years protest. the gain. some of the key on the streets of london is police arrest moving 50 the .

allegations of bribery from fbi whistle-blower, former federal prosecutor bud cummins.igarch, facing corruption charges, when vice president biden was etf seeing problems in eastern europe. take this on, bribery. >> funny, "new york post" reported on hunter biden's paints from the oligarch a year ago, that he made a million dollars. the bank records came to light to vindicate our reporting on that. this is very old story, the sooner we get answers from the house oversight committee, relevant people testifying, better for the american people. liz: what will you be looking for, jon? >> i'm curious about the fbi whistle-blower. we didn't get the tranche documents released that. what was the foreign corruption document scheme. there was supposed to be a document handed over. that didn't actually happen. fbi said they will not hand it over. now it will be subpoenaed i think. i'm very keen to see the fbi document allegedly shows some foreign bribery corruption, who knows. liz: jon levine, a lot of questions to be answered. the story is getting bigger. it has legs. good to see

the rules allow us to treat this global cummins with the attention it deserves inside story on out, which is era. the as fighting into don enters it's 4th week reports that.

the rules allow us to treat this global cummins with the attention it deserves. inside story on outages era, the algae 0 sets the stage 3 and 5 of the way to save just one global x that's in discussing the idea of things here contains any assumption in democracy. it was fun to explore in abundance of world class programming. at least influx design to motivate and inspire analogies. era the the, [000:00:00;00] the how to get your, what you got 0 reminder, brought top story. is this a a shift because adults enjoy the in saudi arabian look at like pictures, ships carrying more than 1700 people fling the finance and see done. fighting between the army and the permanency records support forces continues despite a news 7 days to support the former leader of the far right, proud police, back to the plotting to attack the us capital. on january the 6th 2021. the recruits out here has been found guilty of suspicious conspiracy along with 3 other members. let me say teachers have been shot dead at the school in northwest park is . don't. you talk happened during an exam pe

the rules allow us to treat this global cummins with the attention it deserves. inside the story on outages era, the as fighting into don enters it's 4th week reports the rifle forces are set to meet and saudi arabia for their 1st directed towards the you're watching l g, a 0 my for my headquarters in delphi, i'm getting navigate. also coming up coordination countdown the united kingdom prepares, the crown its 1st new monarch and 70 years and i'm so robin in london web security as tights as a guest arrived to the coordination of king charles at the tip of westminster abbey also a heads a day of mourning is declared and the democratic republic of congo after $200.00 people die in slash floods. plus, i'm rob reynolds in oakland, california with a report on efforts to pass along that would make california the 1st states are prohibits discrimination. on the basis of cas, the hello, the united states and saudi arabia say, representatives from sue don's warring sides are set to meet in jetta. later on saturday, this would mark the 1st direct talks between the army and

countries could come together and start putting in place the rules allow us to treat this global cummins with the attention it deserves. inside story on al jazeera, talk to al jazeera, we are who is really fighting this war, russia, music, wagner, or is it the russian or military? we listen, we started talking to me on my own so that this is the at yours. who does it? usually take them back, we meet with global news makers and talk about the stories that matters on al jazeera. ah, ah, russia accuses ukraine of trying to assassinate president vladimir putin with a drone attack. he denies involvement.

the rules allow us to treat this global cummins with the attention it deserves inside story, on which is the era. the amendments in history king charles is crowned with pumpkin patch in truth and the case for us coronation in 72 years. the protest, the gain, some of the key on the streets of london is police arrest moving 50, pete. the around the clock. this is out 0 in life, will succumb saddam's, worries sides begin towards inside your rate view is media is pressed for and then to the conflict that's killed hundreds and display styles. these thousands of indian soldiers deployed to the northeast in search of money, poor with dozens, have been killed and find the as well for the 1st time and 70 s u. k is witnessed the carnation of him on king charles the 3rd and his wife, queen camilla, but crowned in elaborate ship uh full of ritual and peasantry. scale down, sir, i'm need him to reflect with new britain. and it comes to the time when the monica is striving to maintain its relevance or false. it reports not from them. the an agree, drizzly spring day bright color in the strains of g

the rules allow us to treat this global cummins with the attention it deserves. inside story on al jazeera, a with when the news breaks nationwide. so i sent them the beginning of the year when people need to be high. and the story needs to be told. i just want to research deeply and dive into its history and origin, with exclusive interviews and in depth to south korea probation. the lease sees the cherry blossom 1st. algae 0 has teens on the ground tip when you move award winning documentary and lives. lou ah, watching or does eat a reminder, what top stories this so sporadic gun fires being how to cross sedans, capital cartoon that's despite an extension of a faltering cease fire for another 72 hours on humanitarian grounds. continued findings making it difficult for thousands of people trying to leave saddam many or making a treacherous journey to port sudan on the northeastern coast. to border evacuation ships, tens of thousands of people are rallying in south korea's capital to mark international workers. day trade unions are demanding a raise to the minimu

my feet despite arrives that happen next south. adoptable is i catch glimpses of sea cummins flying over in the direction of a c a little. so i also enjoy watching the clouds shapes and movement. these make me feel closer to 1990 of the kitchen layer to the stem bluebook, the ceiling. this has been trying to avoid all this time miss. hi. miss chung mitchell. co pay can be very consuming stomach took to put to jail and up to the 1st moment unix or when i think of osman koala is mom, be he's one of the most important people to personally support the contemporary art movement. official. gosh, i'm opting out of passion, so the conceptual art is only a literal type of work. it was photography and video for 10 years. you come that over the last 3 years. i've been interested in performance art. this is how many of us so i was very upset by the fact that he was unlawfully arrested for no reason whatsoever other than supporting arts and culture was looking at all sipped. ready s mom b, i made a large portrait of osmond kabbalah, to walk in his footsteps. how long would i get to make my walk throu

cummines claimed the e-mail was ignored and he learned his phone records were secretly obtained by thetice department. "new york post" show former cia chief mike morell misled officials by saying he would discredit the post about hunter biden laptop. mike morell said he drafted the letter because he believed the russians were involved and we think trump will attack biden on this issueats this week's debate. the chief wanted to skip security review to give joe biden a talking response to use in response. >> todd: potential hunter biden indictment may include charges of tax and gun violation, this is ahead of the wednesday announcement of more evidence against the biden family. james comer has this message to the justice department. >> do not indict hunter biden before wednesday, when you have the tubt opportunity to see the evidence that the house oversight committee will produce with respect to web of llc's and adversary cal countries, they are looking at a slap on the risk. >> todd: grace curly joins me now, how do you see this playing out? do you think the doj will listen to james co

then expecting and if we need to requiring people cummin doors when the spaces are available. >> reporter: advocates worry the plan may trample the rights. >> it seems inhumane thing to do to something who has nearly nothing in the economy. >> reporter: dave says he sees the peril and not the promise. >> it ain't going to solve nothing. they're just moving trash around. i am not saying we're trash but they're just moving it around. >> the stats aren't in yet but between 2019 and 2022 cronic homelessness decreased by 11%. number of homeless people with children dropped 15% over that same time but that corresponded with 18% increase in the number of people at the city's homeless shelters. the city was supposed to count this year but skipped it. officials haven't explained why. >>> the governor wants to dedicate more than 15 billion to fight homelessness across the state. that includes money for cleaning encampments, fug t treatmenand re court nd d fa g berkeley and cal state east grads are on the way to the next chapter of their lives. grads are excited to enter but a lot expressed concerns

you did a carpool karaoke with alan cummins. we ask the tough questions here.ian: old spice. >> stephen: i think that's all i think that's all you need. >> brian: they are not quite my generation. this idea of "tell me what you want, what you really, really want, what you want, what you really, really want" is such a bogus notion. quite frankly. >> stephen: well, delightful to have you on. the last thing i want to ask is is there anything you want to get off your chest for the last time as logan roy? >> brian: yeah. i just want to get off one thing. nobody understood him. i feel very sad about logan. i think his final moment to everybody is a very, very dear and good and kind and sweet and loving [bleep] off! >> stephen: "succession" airs sundays on hbo. it's brian cox, everybody. we'll be right back with the star of "the diplomat." keri russell. stick around. ♪ ♪ are we close? google assistant: turn left in four miles. ♪ ehhhhhhh no. ♪ ¿cuáles son tus intenciones con mi nieto? google assistant: what are your intentions with my grandson? life's little problems,

that makes cummins one of the largest ipos in a year like this so far it opens at $20.67 after pricing at $19.50. scott, back to you. >> pippa, thank you. >>> last chance to weigh in on our twitter question we ask ydo you agree with tom le that the s&p can hit 4,750 by year-end head to @cnbcclosingbell on twitter. do it quick because the results are coming after this break. >>> the results of our twitter question we asked, do you agree with tom lee that the s&p can hit 4,750 by the end of the year the majority of you said yes all right. we'll talk about that after the break with mike santoli, of course >>> we also have some startling market stats that might surprise you. why our next guest is forecasting that for this year as well. we'll take you inside the market soern. -- zone. ♪ you were always so dedicated... ♪ we worked hard to build up the shop, save for college and our retirement. but we got there, thanks to our advisor and vanguard. now i see who all that hard work was for... it was always for you. seeing you carry on our legacy— i'm so proud. at vanguard, you're more than just

so again, jeffrey berman did nothing about this, as far as bud cummins knows and he got spied on himself we'll see what comes up and where it goes. thanks for coming on. dana. >> dana: back to this story. people followed this summer -- winter. dozens of dead whales washing ashore as green energy proper sects start building giant wind turbines along the east coast. what the experts are saying as some lawmakers push to temporarily halt construction. a heated exchange in the pit gets nasty after yesterday's nascar race. whoop. >> grab somebody. it will come back the other way. tempers overflowed. pay down your credit cards, pay off your car loan, consolidate your debt with a va home loan from from newday. the first time you connected your godaddy website and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com feeling sluggish or weighed down? could be a sign that your digestive system isn't at its best. but a little

problem is the industrials are selling off right now because rates are going higher i have faith that cummins will make a comeback but may be a while. a lot feel the economy will slow down because of the debt crisis. it's hurting the industrials more than any other group of stocks let's go to scott in south carolina scott. >> caller: boo-yah, jim. >> boo-yah >> caller: how are you >> doing well. how about you. >> caller: good. thank you. last week you mentioned five defense stocks, and all of them have had a pretty decent run in the last couple of years but one looking out for and it's been on a steady decline for the last year i'd like to get your take on why that is and if i should be buying in now or waiting for something else the name is l3 harris. >> this is an amazing decline in the stock because it's exactly the kind of high tech, so to speak, that the government wants all the military to adopt but this is a company that is viewed as being right in the crosshairs of a possible sequester of the defense stocks and that's why i think it's having trouble finding its footing at 15 times ear

or not, i this was the last vis htp, that is the best quit less companies are select or at least cummins hadn't economically for so, so we could assume. so the last one to send us could cover levies put that in, put a political in public that we thought you said thing. yeah, they won't have you lindsay fios cast outta abby. yes, he will distinctive either discard the list and then soul of the as mrs. janine 23 political see from soon i just went on assessing in his him, be empty. i manuals had cut him in a viet if i don't, i put that he can in for the master on billy gather bus. i one on the commendable, they put them into the hosting service deluxe will needles, even mit number. he can get a less, you'll never connecticut graphical and can be that political but not today. the list of if at least a yes, it was to novice, he probably got low and this will, this was the last election he is on will will love. org is that unless you're going in medical that will give us a red book. he called me but i don't put it over there, but i can there's no, i don't think we'd really put it via google p

attorney , bud cummins, one of the justice department's own guys who used to be the top prosecutor in little rock , he goes to the justice department, says, listen, i have a ukraine o come to united states and provide you no prosecutor who can come to the united states and provide you not only evidence and his knowledg evidencd knowlewse of s to john doe witnesses to witnesses that can say, butli is it joe biden was involved in a pay to play bribery scheme in ukraine. two different approaches, two different years apart. apofthe same general thing. and in both cases, congress believesco they never looked inf it. they didn't investigate it. so we don't know iare fern th they're true thaatt is the pattern that deeply troubles people like senator grassley. congressman krahmer, erture congressman jordan. they see numerous overturesut to authoritieshorities. it never gets investigated. joe biden has a political protection racket, constantly stopping allegations from being looked at. okaylooked, now coleman is telle the doj again, partthe exec the executive branch of joe biden, don't indict

the rules allow us to treat this global cummins with the attention it deserves inside story on outages era. the you're watching the news. our knowledge is here with me for the back table. i. reminder of our top stories, funerals have been house for 3 policy and scale during and these really rage and the city of nablus. some political factions have called for a general strike in response to the rage of moscow. the victims, hybels, the u. s. has rejected russia's accusations that it was involved in the drone attack over the alleged stronger type over the kremlin national security council spokesman john kirby said us did not encourage know, enable you crate to strike outside of supporters. and as we move finding insight on this find a week long to try it coming into effect for you and he's calling for security guarantees to ensure safe movement of a so it'd be in the morning a children and one adult killed in a shooting at a bell great school, please said the accused. 13 year old boy used his father's gun and planned the attack for a month. the boy's parents have been arrested, but he's n

competition with the chinese cummins party. but now too many in washington with the step off this path and follow china's fleet of command-and-control economics. congress should instead double down what the nine states does best by dedicating economic competitiveness agenda for three industry comparatives. first we should watch a whole of society effort every elementary student from every walk of life scores proficient in math equality math math instruction develops the brain's executive function early is instrumental smartly later success and send literacy and critical reasoning. getting better at math per month individual economic mobility in collective economic growth. second we should double 6% are national r&d intensity to the sum of the public and private r&d as a% of gdp. doctor schmidt you have this in your written testimony as well. the weather 17 congress and by administration edge national just above 3% funding and programs are clean energy and semi. this tax credits and sector specific market shaping net mechanisms

easy to make profitable unless you can do something at scale which nobody really has, have they >> cumminselectrolyzer machines using lindy hydrogen. lin, a fabulous company. the first commercial trucks that are going to run on hydrogen yes, it's far away we know plug power has been a disaster that's fuel cells. >> and then nicola. >> nicola sends me an email every day. hey, jim, your neighbor decided to say hi to us. >> they've got a hydrogen truck out there somewhere. >> ge -- larry culp would say, jim, hold your horses on green. >> there's a belief that the inflation reduction act and the provisions in there are going to be quite beneficial to actually -- >> our hydrogen -- right now hydrogen is about 8, 9 we're going to be the lowest cost hydrogen company on earth. >> country. >> country lower than south korea, lower than china, because of the ira, so get on board. >> they've chosen to that's a significant allocation of capital for nextera a large company. >> they're going to do it. if you want to really ply hydrogen buy the stock of lindy. what do they do? they make hydrogen don't foo

. >>> cummins joining the spinoff trend.with the ceo after successful pricing. >> we've been here before.

that's going to be close to at least a multiyear high >> i have cummins on they had a remarkable quarter shining here, some because of china, some, china iffy i happen to think these companies are -- it's very oddly -- illinois toolworks being the exception -- doing really well. >> stanley black & decker not too bad. we want to get to qualcomm, though, on some of this guidance for the june quarter they talked about the backdrop take a listen. >> the evolving macroeconomic backdrop has resulted in further demand deterioration, particularly in henson at a magnitude greater than we previously forecasted. as a result, we're operating under the assumption that inventory drawdown dynamics remain a significant factor for at least the next couple quarters additionally, while expectations are for a rebound in china demand in the second half of the calendar year, we have not seen evidence of meaningful roecover and are not incorporating improvements into our planning assumptions. >> that's interesting, because china manufacturing pmi did miss last night >> i think china has become a conundrum for

happening in the hydrocarbons we've been talking about the global -- here's industrials caterpillar, cumminsof 2023, not 52-week lows but moving down as well. hydrocarbon like apa, all the hydrocarbon names back to levels sold back in early march essentially. so the point here is the commodity complex has been hit badly. as i should point out, lower commodity prices are good for consumers. we act like we're on the side of the producers themselves or the beholders of the stocks but this is overall good news it highlights what i think liz ann sonders was talking about, we had the weird bifurcation in the market, an ecosystem of tech stocks doing well. nvidia, microsoft at a new high yesterday, and a small group of defensive small stocks procter & gamble and coke are doing well other than that, advanced decline line has been terrible recently it's a problem for the overall markets, this bifurcation causes tremendous frustration for investors because it's -- the messages are very mixed now. >> well, it's ai anddefense, that's what's in. >> right >> goes up another 4% today. that's what's happeni

. >> coming up on the memorial day addition of "washington journal ," we will take your calls and cummins live on the air and then the mental health care challenges facing current and former members of the u.s. military we will speak with a warmer be a undersecretary for health. "washington journal" starts now. ♪ host: an agreement was reached saturday between president biden and kevin mccarthy on raising the debt limit addressing spending concerns, house members will cut short their memorial day break and begin considering the bill as early as tomorrow. there is concern over the deal from progressives on the democratic side and from the speakers right side. they want to bring a vote of the entire house by wednesday. good morning, it is monday, may 29, 2023 and it is also memorial day, welcome to "washington journal." we will talk about the debt limit bill and that vote coming up on wednesday. we will look into some of the provisions of the bill and ask you your thoughts. here are the lines -- you can also send us your thoughts by text. make sure you tell is your name and where you are te

the best we can say the chinese cummins parties practicing malign neglect in allowing that business toy could stop it if they wanted too. that is been the judgment of many dea and fbi officials, former officials, craig fowler and admiral who commanded south calm for us for the fact china has become chinese organized crime money laundering flows. that has fueled the fentanyl traded in the u.s. there are things we need to do to go after those illicit flows of money. and updating know your customer laws anti- laundering for banks for starters sir the deepening control over chinese companies. i wanted to and also mr. paul, you had mentioned ccp fusion strategy. no businesses unchanged. could you both speak to that situation? one of the remarkable has been that re- centralization party control businesses including private companies the pushing outs of the founders of dynamic companies like ali baba beijing has been trying to promote an dual messaging one message being provided to foreign investors in davos. seidel simultaneously saying we need to double doubt of strength and control of econ

joan cummins, bbc news. half term holidays and we don't receive funding during half term, so we make use of social supermarket in school, we make sure our families supermarket in school, we make sure ourfamilies have supermarket in school, we make sure our families have access to food if they need it and safe spaces, but it is not funded currently. so there is a gap where we know that our children at the moment when we are in school, we give them a breakfast and free school meal if they get one, and another hot cooked meal after school. one, and another hot cooked meal afterschool. if one, and another hot cooked meal after school. if we don't see our children over the half term holidays, are they being fed, that is the fear. 50 holidays, are they being fed, that is the fear-— holidays, are they being fed, that is the fear. , ., , , . is the fear. so people understand, monday the _ is the fear. so people understand, monday the bank _ is the fear. so people understand, monday the bank holiday, - is the fear. s