eamon javers, great stuff. cool look inside that agency thanks >>> we have a lot more to do still on deck, the ceo of the world's biggest utility on their big wind farm plans in america. >>> plus, the big flight moment in the sky as airline mask rules change and instantly many masks came off what you need to know if you are heading to the airport next. >> announcer: today's big number $20 million. that was the median pay for the ceos of the 100 largest u.s. companies last year. that's up 31% over the prior that's up 31% over the prior year ♪♪ ♪♪ take the world by cloud. accenture let there be change. [sound of helicopter blades] ugh... they found me. ♪ ♪ nice suits, you guys blend right in. the world needs you back. i'm retired greg, you know this. people have their money just sitting around doing nothing... that's bad, they shouldn't do that. they're getting crushed by inflation. well, i feel for them. they're taking financial advice from memes. [baby spits out milk] i'll get my onesies®. ♪ “baby one more time

i'm eamon javers here is what is ahead. a recession may be necessary to get inflation under control. that is the call from bank of america which says that the risk is real, but the fed that will have to hike include growth drops close to zero. and mortgage rates are up and home prices are too. affordability is falling fast. will you be able to afford a house. the ceo of remax tells us if the red hot market is about to take a turn kelly, over to you. >> thank you very much high, everybody. let's get a quick check on the marks. where the dow and the s&phave turned positive. the dow up 30 points after being down more than 300 earlier in the session. the s&p up 8 to around 4489. the nasdaq still lagging, as has been the story all week as rates move higher but even with the ten-year probing around 2.6% this afternoon, the nasdaq is only down 30 points or about .2%. and there is a lot of talk about recession and the yield curve, traps ports not helping that cause. they're down 11% over the past week, below the 200-day moving aver

cnbc's senior washington correspondent eamon javers has been investigating eamon, what have you founding>> well, these russians are filing applications with ross patent, which is the russian federal service for international property in moscow so far it doesn't appear that the putin government has approved any of these applications, but these russian businesses are making a bet now that the decoupling of the russian and western economies since the invasion of ukraine means they might be able to snatch control of these brands for themselves now, eric levesque is founder of strider. >> right now we think they're opportunistic entrepreneurs looking at the dynamics of this war and what the russian government is coming out with and seeing what they can get away with and also what could prove to be a long-term sticking point that gives them an advantage over their peers >> cnbc's search of the filings showed russian applications for dozens of brands, including ebay, instagram, starbucks, warner brothers, dove and mercedes-benz. now, none of the companies responded to a request for comment. the

their crimes on the dark web accountable for their acts cnbc's senior washington correspondent eamon javers, this is a big bust. >> reporter: it's absolutely huge, shep hydra was launched in 2019 it served as a meeting place for criminals and their customers. the site's illicit revenues had been skyrocketing. it generated $10 million in revenue in 2016 but more than $1.3 billion in 2020 on the site sellers could post pictures of drugs and it even featured a five star rating system and product reviews from buyers sellers would plant in secret locations sometimes burying them then give the hiding spot details to the buyers once they paid up on the site. when you try to go to that site now you'll see this, a post by german authorities saying the platform and the criminal content have been seized by the federal criminal police office also today the department of justice announced money laundering and narcotics against dmitry all of this came at a time as many see this as a turning point in the battle of crime. >> the criminals are nervous anonymous activity partnerships between the u.s. and ger

i'm eamon javers here is what is ahead.n may be necessary to get inflation under control. that is the call from bank of america which says that the risk is real, but the fed that will have to hike include growth drops close to zero. and mortgage rates are up and home prices are too. affordability is falling fast. will you be able to afford a house. the ceo of remax tells us if the red hot market is about to take a turn kelly, oveto

. >> eamon javers, thanks. >> conspiracy theorist alex jones paying $75,000 in fines before finally showing up for questioning in a defamation case that's according to court documents. they show he did sit for a deposition in connecticut yesterday and tuesday. jones said lawyers grilled him for ten hours. families of the sandy hook shooting victims sued him and won. this deposition is related to an upcoming trial to determine how much he'll have to pay the family in the wake of the deadly shooting, the infowars host spread a conspiracy theory it never happened he's since walked back the claims his lawyer said he couldn't originally sit for a deposition because of health issues a judge ordered him to pay a $25,000 fine, increasing by another $25,000 each day he skipped questioning. >>> house speaker nancy pelosi has tested positive for covid. her spokesman announced it today. pelosi stood just inches away from president biden at a bill signing event yesterday. they were also together on tuesday. neither wore masks but the white house insists the president is not considered a close contact, a

. >> eamon javers, thank you. >>> now turning back to the markets.ave 5% upside the rest of the year our next guest says even though there may be little upside in the short term, the recent rebound is, quote, more rational than it might appear goldman sachs global equity strategist, peter oppenheimer. great to have you on, u.s. equities counterpart was on yesterday. give us -- that was domestically focused. today give us the world's view your global outlook, especially given the fact that we have raging inflation, we have central banks around the world, perhaps ex-china tightening now. covid continuing in certain areas of the world and of course, geopolitics. >> obviously,. as david said and we agree, the upside is not very significant from here and we long believed that this cycle would be what we describe a relatively flat, a wider trading range with lower aggregate returns than the last cycle that was driven largely by interest rates falling that said, despite the huge change in inflation expectations and interest rates and the war in europe, ther

eamon javers spoke with the agency's top official overseeing the crypto investigation about how thesereporter: we're inside the rarely seen secure room in washington >> what is this facility >> right now, we're standing at u.s. secret service headquarters the global investigation center. that is our hub for our most complex and impactful international cases. >> reporter: no longer just capturing counterfeit money, the secret service is tracking illicit bitcoin on the blockchain which is the public ledger for all crypto ledgers >> secret service is now the primary agency investigating the illicit use of digital assets. >> reporter: david smith is the assistant director of the office of investigations. >> it was a public ledger and shared with everyone with the computing power to include law enforcement. the secret service is not doing anything that wasn't the original intent of the blockchain we are using the same mechanisms intended >> would you say crypto is more traceable? >> it is >> reporter: so far, the numbers are staggering the agency seized more than $102 million of crypto in