backed government so it's a very complicated situation right now dow cyrus is arabic department thank you. now all that hustle is something we africans know all too well on this report takes us to angola and the city off where the majority of the population is yeah and the infrastructure isn't in place to provide for their needs the appetite for a good education isn't catered for by the schools and colleges that exist but some industrious you are taking matters into their own hands. and go in the second largest city it's a young city more than half of its one and a half million inhabitants are under fifteen years old they need schools universities occasional training and jobs. game. but in state the education system is in a dire state it's the same story all over the city in the problems begin at school . as. those real say since we have two thousand six hundred eighty pupils that's a lot but we only have fifteen classroom hours lots of people have to learn outdoors where they have the sun dust a noisy traffic to contend with this does not live up to educational standards. that. the h

. >> 6:47, new this morning, the dow is up following the cyrus bailout. >> word of caution if you areof taking out a student loan for one of your children. jane king is live in the new york stock exchange with more for us. jane? >> good morning, it is that time of year when student whose is been admitted to college find out how much financial aid they are getting or not. if you borrow do finance a college education, make sure you have a plan to pay off the debt when you take out the loan. cited in the "wall street journal", a company says parents should not borrow more than they can pay back in ten years and avoid plus loans if can you and look for loans with lower rates. we have a higher open for stocks, cyprus seized some money in large bank accounts and get bailed out by other european countries so we are responding positively to that. the silicon valley index is half percent up. the move to legalize marijuana is getting attention in finance. companies in the industry are pitching ideas to investors trying to raise money to grow the business but many are trying to stick to the edge

still high and investment is lower than many expected the dow ten thousand is hoping praying the president's promise is still on track. when cyrus. well the head of f ron scale has resigned after the airline's french stuff rejected a paint deal more than half of the workers voted against the agreement calling it too little too late a series of strikes in recent weeks have cost the airline more than three hundred million dollars and the fifth anniversary of a turning point in french modern french history is being mocked through a series of nationwide exhibitions the uprising by the mainly left wing students and workers in may one thousand nine hundred sixty eight almost overthrew the conservative government of general charles de gaulle slogans and posters were important in mobilizing support now the ottoman imagery is being revisited popular ports. plastered on walls across paris were posters that became the emblems of the main one nine hundred sixty eight uprising images and slogans that inspired students and workers as they protested against the government and turned the city into a battleground. the prints were created in the

dow slumping. s&p down 18. >>> and in the headlines billy idol and miley cyrus rock out. and josh bol lin hoping the third time is a charm. james corden is bringing peter rabbit to the big screen. he will voice the bunny. and it is a live action feature should be fun. josh bol lin. he got hitched through his former assistant, former model girlfriend. >>> knot. >> that is billy idol and miley cyrus rocking out to at they performed it at the festival. and one republic took the stage. it will air in october. i think he turns 06 this year. >> he sounds pretty good. >> he looks pretty good. >> miley hung with him. >> they did well. >> all right let's go to paul. you had a lot of storms. are they out there. >> they shifted. and a lot going on today. we didn't have days like this let's look outside now and quiet on the hospital camera. the activity has shifted and the sea breeze is active along the coastal manatee counties. this is the same that caused the delay at raymond james. this is active sea breeze. and this is -- this is impressive. this is putting out a good effort to h

dow fell 66 points yesterday. and the nasdaq fell nearly 19 points. >>> walmart is pulling a line of miley cyrus jewelry from its shelvestests done on the necklaces and brake lets found high levels of cadmium, which is dangerous for children if they put it in their mouth. walmart says the jewelry is not intended for children. but in the meantime agreed to stop selling the product while it investigates. >>> many fast food chains are pushing chicken. ground beef prices are up from a year ago. burger chains are not passing the increases along to customers. but rather, trying to get them to buy chicken, salads or other ideas. wendy's is promoting a new flavor of boneless wings. and burger king will offer pork ribs. >>> there's one sandwich with no beef or bun. and it's doing well for kfc. it's the double down. bacon and cheese between two chicken fillets is sticking around a little longer. it was supposed to be available through sunday. but kfc will keep selling it as long as demand is strong. >> when i first saw it, i thought it was a joke. but clearly, it's not. it's been getting so much press. >> calorically, it can prob

still high and investment is lower than many expected the dow ten thousand is hoping praying the president's promise is still on track. one of cyrus. a new study suggests that americans are growing increasingly lonely nearly half the participants said they feel alone isolated or left out at least at least some of the time. poll. a person off in the distance alone in their thoughts sitting in a park in darkness a portrait of a man walking in the snow all by himself a young man playing basketball with nobody else around all pictures of people in new york in situations of solitude perhaps loneliness. to court a sick polish photographers snapped the pictures he says he can relate to the subjects he moved to new york city four years ago knew almost no one and discovered many people suffered from loneliness just by chance many of his photographs were of people alone you know you come here and you are busy with your work life and then you realize that all your family all your friends and social life and then in many ways is behind and i was used to it but i talked to a lot of people a lot of new york is here my friends are strangers. and

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cyrus red carpet again! >> dr. travis: how's everyone feeling? thanks so much for being with us! [ cheers and applause ] ? ? >> exciting show today. we have help topics. mike dow, and dr. sonia batra join us! please [ applause ] >> we brought the help team in here, dr. travis. ? >> we will be talking about a 4-letter word. >> dr. travis: you may be more troubled by this word "zika". [ audience oohs ] >> dr. travis: we will not talk about it in the way you are hearing from most news sources. there are a lot of products mosquito repellants that are quite frankly fos. [ laughter ] >> there are so many scams out there. >> dr. travis: gadgets, jewelry being sold claiming to keep people safe. the truth is, most of these products probably offer no zika protection whatsoever. and sadly, this statistic shocked me. as the threat of the virus spreads, sales are up 650% from last year. [ audience oohs ] >> crazy. >> d where the new york attorney general's office issued a cease and desist letters to companies that claim to provide zika protection via their products. these claim to work with various methods. one of them is a bug repellant bracelet, creating an insect-fr. >>

dow is reaching record highs. the housing market is rebounding. the auto industry exists. and even young people are finding good jobs in construction. >> miley cyruse're here with first buzz. so richard, bribing kids? >> start of the school year. k so the question is do you bribe your kids to get good grades? there was a "wall street journal" article discussing that very issue. and they're looking at so do you give them $5 if they get an a, maybe $4 for a b? >> is it a bribe or a reward? >> this which way which way do ? >> i say no because their job is school so they're expected to do well. >> if your kid is getting straight as, no money. but if the kid is struggling, you have to come up with something, right? >> the father that has the kid that the mother wrote this article said it's about developing value for good grades and if you start associating value with money, that's not good if. >> i agree with that. you want the incentive to be feeling good about what you're learning, about about accomplishing something. >> if i give and you million bucks to go take a physics class, you won't do it? >> research shows praise works the best. >> and if you

cyrus mewawalla. >> stock is up 7% in the last three months. somewhere in the middle of the dow's returns. also unclear what apple looks like in a trump world. already tim cook spoke out against the immigration order. there are issues that affect it including repatriation of cash. >> could be a big one. >> apple has a ton of cash overseas, if they can bring it back with the corporate tax rate that could mean a big burst. >> could mean a big acquisition as well. >>> coming up, the stocks to watch. including why shares of deutsche bank are trading higher. >> first here's the forecast from jen carfagno. >> good morning. we have a little snow moving into the northeast today. it's a clipper, and those are notorious for moving fast and not bringing a lot of precip. a light one inch to two to three inches, max. new york city, a half inch of snowfall. temperatures b s above freezing shouldn't be a huge issue. that's one story. the other story is the expanding high pressure and heat. dallas, 78 degrees. atlanta, tacking on one more 70 degree day. this has been a hot month across a lot of the nation

. >> cyrus sonate, read his article, the west should not let russia fall apart. thanks for being here. >> thanks so much. >> the dow is about 155 points in a positive side, the nasdaq up about 8 points. s&p 500 row 16 to reach new record. >>> the killing of with two new york city police officers raises a big question about the police and the citizens it protects. we'll talk about new york's former commissioner. >>> and former ties with the u.s. could open up a new world for cuba's younger generation. are >> generation. >> welcome back to al jazeera. i'm michael eaves. new york city mayor bill deblasio is trying to ease tensions with the police department today in the wake of the killing of those two police officers over the weekend. he's asking protests against the police to be put on hold until after the officers are laid to rest. he says there's an important lesson to be learned from there incident. >> we have a deeply troubled career criminal who did this heinous crime assassinated two police officers. it is a horrible thing. i emphasize the one immediate lesson to learn from that is: any time we have any eviden

cyrus! >> this is your favorite. >> was. was. ♪ >>> welcome back to "fast money." the trump rally continued today with the dowlosing at a record high. financials and industrials were the biggest gainers. disney shares are lower. the call is under way and we'll bring you the headlines. starbucks' ceo howard schultz called out washington for being dysfunctional. what does he have to say about president-elect donald trump? first, we'll look at the consumer staples and utility etfs, as rates around the world continue to rise. the yield hit its highest level since january, and not just here in the u.s. the german bund, the japanese ten-year, saw a jump in yields. how much of a danger is it to these dividend-paying stocks? let's go off the charts with the always dangerous rich ross. >> danger is my middle name. as it pertains to the charts here, we discussed back in august that there was risk in safety and that the then burgeoning surge in interest rates would wreak havoc on the bond proxies, high yielding sectors. the big boy here, the ten-year yield, look at the big base of support we've now emerged from. we've t

dow which is up 13% and the s&p 500 up around 12%. let's discuss with the founder and ceo of cm research cyrus, good morning to you >> nice to be here >> let's dive into the sector, we discussed this lots before. kick off with apple. big launch last week overall overwhelmed or underwhelmed by that. >> overall they did enough to justify the share price and for us to maintain a buy on the stock. >> in particular why >> in particular they were at risk of falling behind in a number of big technologies, artificial intelligence, the siri system was not as good as other personal assistants. augmented reality, they had not announced anything apart from the ar kit we had not seen much of that we will see that now they caught up in a number of areas. where they're falling behind is internet tv. apple's version of internet tv is a collection of apps, but i think they need to build a pure internet tv, a platform in which they can control ads >> we always talk about the importance of the iphone to their earnings and the loyalty of customers to the iphone, largely because of the ios software, slightly regardless at the margin with whatever upgrades

cyrus, pleasure to see you arjun, see you soon. thank you very much. >>> so we'll wrap it up with this obviously the global markets, a big red screen in front of you dowutures down 350 oil is in focus. we are hitting the road. the opec seminar and meeting tomorrow cnbc will be live from vienna with everything you need from opec will the trade talk, will the weak global markets change opec's thinking on output and potential output cuts or an increase in production what about venezuela what about iran? harold hamm coming up on "squawk x. thank you for being with us from london "squawk box" and the team is nexthave in a center. it is... the ibm cloud private. the cloud that's built for all your apps. ai ready. secure to the core. the ibm cloud is the cloud for smarter business. >>> good morning we are looking at a global market selloff with red arroes around the world the big reason trade fears president trump threatening beijing on new tariffs they'll probably do something back to us we may do something back to them it's almost like a war it's wednesday, june 19, 2018, "squawk box" begins right now. >>> live from new york where business never sleeps, th

dow this morning but tech stocks are getting hit hard. why is the market in two moods? we'll take a look plus -- ♪ ♪ there's a party in the usa >> the party is over for miley cyrus, the artist just took the wrecking ball to one of the pop star's big milestones. we're going to tell you about it. who removed miley from that? got to figure it out. stay with us. by harnessing california's abundant wind and solar energy, we have the power to take on climate change. use less from 4 to 9 pm to keep california golden. ♪♪ how can i, when you won't take it from me ♪ ♪ you can go your own way xfinity mobile's fast nationwide 5g network meets the first iphone with 5g. get the new iphone 12 on xfinity mobile. and right now get $250 off. learn more at an xfinity store today. >>> well, getting into the backyard for a little fresh air between home schooling today in palo alto might want to wait until later in the morning when it starts to feel milder although you'll still need a jacket as we only reach into the upper 50s here through noon. a look at our microclimates and talk about rain set to head in before the weekend. that's coming up in a few minutes. >>> all right, kari, and those fre

dow stocks that are up. exxon, chevron because oil is way up, too. well, you know, it worked, even if you disliked that route ray -- outrageous performance by miley cyrusloads of her songs are up. and we have a college professor telling us about the outrageous cost of college textbooks. textbook prices are up 82 over the last decade and we'll talk to an e-cigarette executive. why is his product attacked from all sides? two democrats have introduced legislation that would increase the tax on gun purchases. in fact, it would double the tax on gun purchases and increase the tax rate on ammunition from 11% to 50%. and here is my take on that. reminds me of the campaign against tobacco. some people don't like it, but you can't ban it so you try to tax it so heavily that it virtually disappears. it works with tobacco. it will not work and should not work with guns. item one, the constitution, it guarantees the right to bear arms. it is a right. that right makes americans almost unique in the world. where else are citizens given the kind of guarantee against oppressive dictatorial government. no place else. this kind of back door gun ban should be rejected. s

cyrus. >>> good news on the job front pushed the down 106 points yesterday. dow own a piece of warren buffett. stock in the company was several thousand dollars a share. it's now within reach for many investors thanks to the entry into the index. >> there you go. toyota also says that it plans to be much more open in the future in an effort to win back the trust of the public and its customers. of course you know more than 8 million vehicles were recalled and now owners are confused about what they're supposed to do. a lot of customer relations damage as we know has already been done. >> gerri willis watching your money and watching your toyota i guess this morning as well. people wonder what in the world they're supposed to do. >> first of all, how you respond to the recall really depends on whether you have experienced problems with your car in the past if you have not, call in. dealers are backed up into you march. if you don't have that sticky brake, you just don't need to go directly to the dealership. it's a waste of time. remember, this is an issue that cr

cyrus says, it is a party in the usa. the nasdaq is making history again closing above 5000 points for the first time in 15 years. on the same day the smp and dow finished the day at record highs. where we start the day, i want to bring in mike reagan who likes a good party, particularly when it has some zeros behind it. >> i am a miley fan myself. betty: what is driving this here? >> if you are looking at the nasdaq everyone wants to compare it to 15 years ago. it is such a dramatically different index than it was then. 5000 stocks in the index thanen. only about 2500 now. m&a or break of c listings have had an impact. stocks that are in it now are of such a different variety. they are about twice as big as they were in the bubble heyday because there is half as many stocks and it. -- anditn it. apple makes up a good part of the nasdaq. betty: interesting you mention apple because the number one stock back in 2000 on the nasdaq was microsoft. that is number two now. apple is the biggest one now. >> by far and away it is 10% of the index. it takes a bigger part in the nasdaq than the s&p 500. close to about 40% weighting closer to 60 back in th

cyrus *not like herself? you might come to that conclusion. after we tell you about one of her recent interviews. >> pam: stocks bounced back a bit tuesday. after suffering a steep drop monday. the downed 72- points. nasdaq gained 34- points. and s-and-p climbed 13- points. points. when jakand firsset t onour n, w. buin te yoreale th beer y eat e beer y fee thesdayse bo eatmart. and giveake rinaat cw natuls. ma witrealhick andsalm, it'sigh proin le acas naral . anno aed aificl flors. we'vcome lonway. and atev's aad, 'll the forach her. natully. puri cathow tura. [ male announcer ] this is smooth and precise on-road handling. this is easy-to-use off-road capability when you need it. this is seventy and counting safety and security features. ♪ this is total confidence and comfort. in the middle of crowds or in the middle of nowhere. this is the freedom to keep chasing all the horizons you want. introducing the all-new 2014 jeep cherokee. ♪ bulldog: you know, bulldog: you know, not all heroes wear capes. some wear fur. and mattress discounters good deed dogs is here to help them. meet yara. she helps veterans like marv stay independent. this is caspin. he helps wallace with things she

dow industrial looks pretty good right now, up 255 points. hopefully we'll stay in that positive territory on this cyber monday. many of you spending money, getting ready for the holidays. >>> show biz headlines. miley cyrus'sing back on the stoner controversy, all stemming from a video of miley at her 19th birthday party. aj hammer has all the saucy details. >> happy birthday, miley. here is your present. yet another drug related controversy. i'm sure she's thrilled about this. here's the deal. miley was celebrating her 19th birthday with kelly osborn and a crowd of friends when she talked about smoking pot. and of course being miley cyrus, the whole thing was caught on video and is now out there for everybody to see. let's watch exactly what happened. >> thanks for waiting for three hours. and the real party -- and throwing a party. and this is amazing. you know you're a stoner when your friends make you a bob marley cake. you know you smoke way too much [ bleep ] weed. >> ok. now kelly osbourne is joking about the last video drug controversy where miley was seen taking hits from a bong. cyrus said that was ok because it wasn't marijuana, it was salvia, which is a legal herb. now, osbourne is defending he

miley cyrus is a long way from hannah montana days that's for sure but she's very talented. let's check the markets as we are moving higher across the board modestly so on the dowimpressive. let's bring in mike lee if we can. good to see you. i read your notes and you say inflation fears are over. how do you say that, make your case. >> i have never been worried about inflation. what you see-- the money supply has increased dramatically over the last year about two to 25%, but the velocity of money has been in steady decline since the great financial crisis. what happened the last time after biden was in the white house they waged jihad on banks and as a result-- the velocity of money never picked up so when you start to print money the way they did you just flooded the zone and in the process of money can't multiply any quicker. combine that with higher taxes and high regulation, output and productivity for the economy collapses so until the velocity of money can really increase dramatically, which has been in steady decline since 2009, and accelerated through this pandemic, we aren't going to have any real inflation, but when you print money you get financial