john and his classmates just graduated from grosse pointe north high school.that's in the suburb where the captains of industry lived. several miles and tax brackets across the city line of detroit. and after a few beers, the partiers decided to drive over and buy some marijuana from old man bob. >> just call up, say you're coming back, go to the back door. there. that's what we were going to do that night. >> john and four friends jumped in a car, a white plymouth horizon and drove over to make the buy. when they got there, they walked up the driveway to bob's back door just as that eyewitness later told the police. except for one detail. and it was a big one. the eyewitness identified the highers' brothers as the young men he saw in the driveway. but said john hielscher, it wasn't them. it was him. he and one of his grosse pointe buddies went up that driveway. >> we made it to the back door and as soon as we knocked on the door and he opened it, i heard commotion behind me and we saw people jump over the fence coming towards us. and one with a gun leveled at

. >> sean: extremely careless, but the law states gross nine points. what is the difference?egan gathering and transmitting defense information and 18 u.s. code disclosure of confidential information generally. let's go to comey's next statement. >> seven email chains concert matters that were classified at the top-secret, special access program, at the time they were sent and received. those change involved secretary clinton both sending emails about those matters and receiving emails about the same matters. there is evidence to support the conclusion that any reasonable person in her position or in the position of those with whom she was corresponding about those matters should have noted an unclassified system was no place for that conversation. >> sean: amazing. here are the laws that apply here. disclosure of classified information. gathering, transmitting, losing defense information. disclosure of confidential information generally. this is only the tip of the iceberg. all of these are serious, prosecutable crimes, which comey ignored. as a former navy machinist, his na

points. again, bill gross coming up. look closely. in every swing, every chip, and every putt, is data that can make the difference between winning and losing. .. .. information into insight. so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance and speed across all your locations. fast connections everywhere. that's how you outmaneuver. >> we have a lot of breaking news rht now. perhaps the president's agenda being put on hold right now. the political surface. we had oil closing down the day. the market remains oversupplied. the same-store sales fell slightly less than expected. take a look at this video everyone. nine people were injured outside the turkish embassy in washington between supporters and opponents. those men in the black suits they are the president's bodyguards. according to reports. >> right here on our own

decided to charge elijah's death as gross vehicular manslaughter. at this point the chp and d.a.'s office have been in contact with molly hahn's attorney but have not taken her into custody yet. in the newsroom andria borba, kpix5. alifornia. >>> more breaking news tonight, a san francisco toddler who was the subject of an amber alert is safe tonight in southern california. 21-month-old makai bangoura was reported missing yesterday afternoon. investigators say his father, jason lan took him after failing -- lam, took him after failing to return the boy to his mother. investigators found out lam had a recent mental breakdown and could be suicidal. then they learned he might have driven down i5. so they asked the lapd for help. officers in los angeles found the boy and his father together at about 8:00 this evening. they now have lam in custody. >>> tonight get ready for a weekend warm-up, temperatures today 20 degrees above average. paul deanno says it's going to be even warmer tomorrow. >> we have a ridge of high pressure which is getting closer which is warming up the atmosphere

i guess you could make a soft assumption if comey had memos pointing to real gross obstruction or interference would share them with the doj at some point. at the end of the day, this won't be a legal matter. the law on indicting a sitting president for any criminal matter is clear. it will not happen. certainly not until after an impeachment process. that is all up to the gop. they have the numbers. that is a political process. it is about votes. not proof. do you see anything coming of this? 12k3w >> you are right on both points. first, director comey should be asked when he testifies, are conversations about the president and the question of legality and ethics, why not reported to someone in the justice department? that is the appropriate question to ask the director. in terms of repercussions if there were demonstratable evidence there, we need to decide if members of congress and the country as a whole believe that the president's conduct was corrupt enough, if that is what we find, his removal is not just the nullification of the election by other means. that is the test. having prosecu

it was a gross overreach of federal authority. we had pointed that out to them. we had hearing after hearing after hearing on the natural resources committee in congress, but they just simply would not listen. ton we had the opportunity roll that rule back under the congressional review act, i was very, very happy to leave that charge. i had a lot of help from other members of the house and the senate that made sure we got that done. because like i said, and had nothing to do with keeping streams claim. clean. we have lots of federal laws and state laws already on the books. keep in mind that the states or 97% of the 97% regulatory work that happens in the coal industry is done by the states today. you don't need the federal government stepping into something that is a gross overreach that would virtually shut down underground coal mining in america. and that's what that rule would have done if had been left to stand. host: our guest is taking your calls and your questions. we have a special line for coal miners and family members at (202) 748-8000. congressman j

greece's, now double gross domestic product, that has been a sticking point is the international monetary fund considers joining the eu's rescue effort. now restructuring that debt rejected by greece debtors appears to be on the table. >> the preliminary agreement reached now will be complemented by further discussions in the coming weeks on how to find a credible strategy to make sure greece pasta is sustainable. reporter: greece has agreed to cut pensions by 18%. the country will reduce the tax free income allowance to just under 6000 euros. it is also expected to sell off energy assets. 3.5% budget surplus. his greece it's the targets, it will implement benefits to offset the cuts. andespite the difficulties delays and irrational demands during the course of negotiations, the technical agreement is balanced and viable. reporter: despite the breakthrough, imf artistic patient remains in question and hard-line opponent germany will only say more work needs to be done. greece must not pass the measures in its legislature for its finance ministers meet to approve or reject the deal. theood

spanning the gross market of 140 basis points, even better management raised it's full year earnings guidance pretty substantially. i would say one of the best reporters of the year. evening though we know that stanley black and decker is doing well. but we have got these terrific acquisitions. we learned the company snapping up newell's tool industry, and that's irwin and lennox brand. and they got terrific space at home depot. and they paid $1.5 billion in april. it sure seemed like a good idea. more aisle space. it makes a lot of sense when you look at the number. stanley black and decker is expecting 89 million in sales. the acquisition will boost its earnings per share, rising to 50 cents a share in the third year, that's excluding some restructuring charges that the company will need to eat in the next few years. still stanley came out and raised the 2017 forecast. that's how confident they're feeling about this. on january 5, we learned that stanley black and decker was buying the rights to sears craftsman. they got it for only $900 mill kbl kbl million. gains ratcheting up to

and stephanie gross and arianna bullard are former cadets at west point. some of the stories you will hear today are heartbreaking and revolting. these cadets and midshipmen did nothing wrong by reporting their assaults. and yet, their chain of command failed them. and the chain of command that was supposed to actually protect them failed. we cannot tolerate this lack of accountability in our country's most prestigious military institutions. i look forward to hearing from our witnesses today. and i yield back, mr. chairman. >> thank you, ms. spear. i ask unanimous consent that nonsubcommittee members be allowed to participate in today's hearing after all subcommittee members have been given an opportunity to ask questions. is there objection? without objection, nonsubcommittee members will be recognized at the appropriate time for five minutes. we will give each witness the opportunity to present his or her testimony and each member an opportunity to question the witnesses for five minutes. we would also respectfully remind the witnesses to summarize to th

relative to negative 3 in what we were looking for, better than feared and the gross margins were better. negative 40 basis points for a deeper cut in gross margins but you're right. there are many challenges ahead. most critically store traffic. a few key points on target. firstly, that expect more pay less line we're also familiar with customers are not really realizing target has such great value. so they're not coming to the stores. secondly, every day essentials such as getting your essential food item, household items, customers are skipping the trip. thirdly, supply chain. it's a lot about improving the supply chaining, improving customer satisfaction. those are big topics and we can't deny the power of amazon. 80% of americans over 50 million amazon prime members so it's a big war. we prefer walmart versus targets. >> which reports earnings tomorrow. stacy, any reason to buy target? investors are finding one, up 4%. it's been beaten down hard this year. are you a buyer? >> as oliver said, expectations were incredibly low here. so the comp was less bad and traffic is still down. and other people's pain has

the gross margin was down modestly by 45 basis points year over year.lked about really that being driven by an increase in fulfillment costs which is the cost of doing business, when your e-com business is growing about 20%. the question from here is do they have to lower prices and use their p&l to fund those price adjustments in order to deal with the effective price wars going on in retail. we think that most likely pace is they will have to. >> i see inventory is down 5.5% year over year. it means potential margin improvement against a backdrop where maybe they figure this out. is this an investable stock here? >> the stock is inexpensive, and does reflect some risks that it's facing over the long run. plus, got a 4.3% dividend yield. so the way we look at the stock is the downside here is pretty limited. to really get paid, they're going to have to show a sustained improvement in both sales and margins over time. and our argument is, given what's happened in given what's happened in retail it's going to be hard to see that. at least in the near ter

gross margins. similar thing that i talked about before, you see 2015 was worse, negative 2% margin and 2016 gets better. the one thing i want to point out here is gross margin is before any administrative costs that the insurance companies have. so this is purely premiums minus medical claims. if you tack on to these numbers admin costs you will realize that the insurance companies made on average an underwriting loss for all of these years actually. the gross margins are obviously much higher, even if you take on the admin costs they still would have made a profit. so let's talk about the future a little bit. so i'm going to talk about two kinds of forecasts. one is business as usual. what we mean by that is everything stays with obviously some changes but no big overhaul to the rules of the marketplace. if that's the case, what do we expect? well, we expect 2017 to be a year when more insurance companies get to break even margin. so break even, zero percent, no loss, break even margin. and then continued improvement in 2018 where they get through small, single digit margins in this line of business. it is still a very fragile mark

point. you spend a percentage of your gross domestic product, that he was winning this and he could have said on this. they could have delivered the same message. >> european lewders will tell you they started doing this before trump was in the white house. maybe he's just cracking the whip and being more brusque about it. but that's kind of a minute ago, this is the class iic americans aren't european, they drink their tea with crooked. we're the wild west. it's a very different approach. it's almost caricatures how stark that difference is on display. >> the style of trump, the push to the president of montenegro. it's how he does things that sometimes offend people, but on the substance in the incoming that was most interesting, the president came from saudi arabia where he received a commitment to crack down on terror financing, on promoting extremism. now, if that happens, the president will have changed the world. the problem, nato leaders have heard this repeatedly for years and the saudis have not followeded through. when he said this, many found him to be nay eve. >> there, i spent m

pointing out that missoula county has not come in yet. missoula is liberal county. they anticipate that will help them but certainly as the night goes and the number gross vote spread goes they are getting more concerned. but here is what they're pointing out. this was already an unpredictable race thp petitioned no idea what idea to expect the audio made it more unpredictable. they're not going out and saying this is over or they think that they're waiting for all of the votes to come in. at this point they say, they're just going to wait. they don't know what to expect. the audio, they keep pointing to has made all of this a tossup in this campaign's opinion when you go out and talk to voters we're certainly hearing from gop voters who say this inspired them to go out to vote that gianforte is their guy. john, isha. >> kyung very quickly has there been any backlash to that altercation between gianforte and the reporter from "the guardian" newspaper? >> it's a little hard to hear you i think you were asking if there's been backlash on gianforte. what we've been hearing from gop voters we went to a number of apology pleases gop voters feel more entrefrmgd because of

second-class sheila krane attends the academy and stephanie gross and our former cadets at the academy at west point. some of the stories you will hear today are heartbreaking and revolting. they did nothing wrong by reporting their assault and yet their chain of command failed them and the chain of command that was supposed to actually protect them field. we cannot hold this in the countries most prestigious institutions. i look forward to hearing from the witnesses today. >> i ask unanimous consent members be allowed to participate in today's hearing after all the members have had an opportunity to ask questions is there any objection? without objection, the subcommittee members will be recognized at the appropriate time for five minutes. we will give each witness an opportunity to present his or her testimony and each member an opportunity to question the witnesses for five minutes into the also respectfully remind the witnesses to summarize. your statements will be a part a part of the hearing record while we welcome the first sheila krane united states academy. ms. arianna former cadets at the

gross domestic product. that is a five percentage point gap now you can do what republicans want to do does not had any economicsecurity where you could do what my organization advocates to raise revenue to significantly close that gap. that's what we need to do. if your advocate for middle-class tax cuts it's getting grow. to make i think but they teaches i think what the book teaches us is that there's room to make those arguments. what we don't need is another middle-class tax cut. there is places we can take that from. it certainly does not start by giving massive tax cuts. we need to make these investments in the united states. one is that we narrowed the investments down. they understand when the bridges fall down and there is money needed to fix them. a second bucket of issues that we don't talk about enough. they have a social security beneficiaries are up in age of getting that those are expenses that are going to be borne by someone. there's two ways to do that. you will have socialized over a lifetime and over all of the american people so that it's been paid out of the fund. it's gonna follow direct

i would point to flows. bill gross once called share buybacks corporate qe.corporate qe chapels vanguard fund. he is getting stuck with $1 billion a day. the money has to be produce. he is not doing any research. that is indexation. the flows are dominating everything. johnathan: are we blaming vanguard for low vix? >> ion the wrong guy to ask about that. there are a lot of things going on -- i am the wrong guy to ask about that. there are a lot of things going on. it makes you wonder how much it really matters what goes on there? for the stock market, we're in a situation where the flows are good, the fed is still pretty accommodative. the earnings are getting better and the valuations are on the low end of high. it is not outrageous. it is not a bad environment. david: is the structured is taking -- in a sense, regardless of whether it is low or high, it is not moving anyplace fast. there is not a lot of delta. they are suppressing a lot of the volatility. >> we have the fed, the biggest of the central banks. with the boj and ecb, they should not be underes

grossed out. there's no humor to it. there's no particular point to t.sly did go too far and she acknowledged that. >> yamiche? >> i think also when you see outrage across the political spectrum, you see while we are in this phase where politicians has become nasty and personal, there is this line that you can't cross, and violence is that line. at the end of the day, donald trump is obviously dealing with death threats. there's a secret service there for a reason, because there are people there that want to hurt him. i think this joke was not funny, and she went too far. unfortunately, that's why she got fired. >> clarence, is she finished as a comedienne for a while or does she recover? >> she's always dealt in edgy humor. she went over the edge this time, but she's not going to recover that cnn job at new year's, but she'll be around. >> thank you, panel. thank you for watching. i'll see you back here tomorrow night 6:00 p.m. eastern. if you can't watch live, set your dvr. check out my facebook page for behind the scenes videos and much more. "hardbal

real degree, and i think the commodity lows are probably in at this point, so what you can see is inflation slackening a bit, then grossgain next year, but higher inflation against the backdrop of very low nominal rates probably means that real returns, at least in they fixed income market, are negative for the foreseeable future. also, when equities have rallied as long as they have, perhaps producing a real return in equity markets. vonnie: really quickly because we have to go -- >> i think it is cyclical, so i am long. most ofur index, and the account site manage, we are moderately long right now. way, just because i as an institutional investor and doing a trade, the math still doesn't work for individuals, right? of being longd tenured treasuries for the average investor doesn't compute. whenever rates begin to rise, there is more risk than reward. that is always a bad thing. i think things like corporate ladders work well and a rising rate environment, bank loans work well and a rising rate environment. vonnie: great advice there. thank you to stuart taylor. let's get the first word news with mark crumpton. warne

i cut by 3 points, the wage charges of all those who worked, why? because today when you get your pay stubs, your gross salary, and then you have your social contributions. i will reduce those contributions by 3 points because i want to go as far as i can. i won't universal ainsurance, employment insurance so everybody can have indemnities it is they are unemployed. so i will be getting rid for all workers that employees social contribution and i replace it by an increase in c s g. all those who are craftmen, self-employed people, retailers, civil servants, employees, they will have then in purchasing part because the rising c s g will be lower. the 40% of people who have the lowest retirement pensions and pay the low rates of chg will pay less and 60% of retirees who pay the former rate will have the 60% of the the cs h. the welfares in order to have a smarter system, there is no magic in finance -- >> translator: you're four minutes ahead. >> translator: so i will take the four minutes. all the other retirees, this wi will be offset by getting rid of the residence tax. >> translator: the residence ta

points of margin. with the current $1.85 million in gross revenue, that would be an additional $333,000 of gross profitnity to get in here and work with you but... let the other people that work in the business do their thing. you got to trust people. i want to do business with you, but i'm not easy to do business with. we have a $100,000 problem with the estate, $85,000 problem in terms of your debt. and we probably have a $130,000 problem in terms of, we want to brighten up some of the stores and update them a little bit, rebrand them. i want to put a salespad program where you know everything that's happening at all stores. you press a button -- boom. so, my offer is $315,000, and i want to slide in as your 50/50 partner and just take out the estate. dave: i mean, saying you want to put money into the store -- i'd be interested to see what that looks like. i mean, are we gonna get a concept before we... lemonis: no. my offer is $315,000 for 50% of the business, and i'm 100% in charge of everything. dave: of course. lemonis: of everything. dave: of course. lemonis: we got a deal? okay. dave: thank yo

gross profit. this is really about creating efficiency. it's about having a starting pointnd having the product go through the system one time the right way. today, i'm just outside of chicago at the directbuy headquarters. directbuy is a consumer retail-buying group, and it's the largest retail network in the country. in furniture alone, they sell over $200 million of product a year. -steve: marcus. -lemonis: my man. -steve: we're on. -lemonis: how are you? steve and steven are gonna pitch the first phase of our quick-ship line. if we get this deal, it's a true game changer. we go in there today, sell. this is a national retailer, and so this gives us a chance to do business all over the country. steve: right. -lemonis: are you guys ready? -steve: i'm ready. lemonis: all right. the shlike a bald penguin. how do i look? [ laughing ] show me the billboard music awards. show me top artist. show me the top hot 100 artist. they give awards for being hot and 100 years old? we'll take 2! [ laughing ] xfinity x1 gives you exclusive access to the best of the billboard music awards

gross margins are improving. and you know burlington stores, burl, the hottest of the discounters, it's down a point. and if it goes down wednesday because "the new york times" and "washington post" said there were 438,000 leaks, then you got a chance to bier lower. after the close, we heard two nonamazonable companies reporting, we got costco, because of it's hard membership fees. these two stocks rally in an tis pace of it working out. nothing's good enough for the market, even with these two marvelous retailers. remember, jcpenney called out it's cosmetics as it's strongest suit costco just gave a special dividend. i don't think they would do that if business weren't good. and another one we're going to be watching on thursday is medtronic. just like boston scientific, or cramer fave mazor, have you seen that stock? isn't is that unbelievable? i like this stock ahead of the quarter. the best retailers are the ones that offer you big bargains, i don't like big lots, but what does that mean? i know the analysts like it and if they report good numbers, the stock's going to jump. here's the bottom lin

point. i admire their courage and candor to talk about these situations. i share ms. gross's concern about the open doorp policy and i share the same feelings i was unable to talk to her because of pending action that i had to preside over. but we learned a lot about them and their experience. we learned about special counsel. we learned about interview techniques. we learned about advocacy and advocacy methods that build trust as compared to what you heard from ms. gross. we also learned about the cycle that a victim feels as they go through isolation and o's schism and misconduct and further isolation to the point where they finally bottom out and are ejected. we learned about the commanders and responsibility to identify where that cycle occurs and prevent that ejection from happening. >> our -- we believe we made great strides. this past year our reporting has nearly doubled. a positive sign that our work to improve the climate is beginning to take root. however we must focus on stopping the crime from happening in the first place. as part of that effort we hired an exter

as i mentioned dew points they tell us about this sticky factor where they are in the 60's. you step outside and feel that , gross, mugginess and that is a trend right now that steam factor even though temperatures are fairly mild we have a lot of moisture at the surface that will start to wayne nor the day tomorrow and we will start to feel slightly more comfortable especially during the afternoon but overnight tonight cloudy, muggy, fog, drizzle, back to 60 degrees. for the day tomorrow temperatures jump up in the 70 's, a few degrees below average, mostly cloud which a chance of some scattered showers redeveloping as we head into the afternoon hours, and mainly along i-95 but best chance will be along the immediate coastline. it is hand telling low differently as we approach tomorrow. it is more aggressive model bringing us rainfall, well further west then other models but give you a projection best chance of rain ace long the jersey coast, once again, delaware beaches but we could see showers redevelop in center city philadelphia new jersey suburbs. but again off to the west of the city, looking to stay mainl

it was a gross overreach of federal authority. we had pointed that out to them. we had hearing after hearing after hearing on the natural resources committee in congress, but they just simply would not listen. ton we had the opportunity roll that rule back under the congressional review act, i was very, very happy to leave that charge. i had a lot of help from other members of the house and the senate that made sure we got that done. because like i said, and had nothing to do with keeping streams claim. clean. we have lots of federal laws and state laws already on the books. keep in mind that the states or 97% of the 97% regulatory work that happens in the coal industry is done by the states today. you don't need the federal government stepping into something that is a gross overreach that would virtually shut down underground coal mining in america. and that's what that rule would have done if had been left to stand. host: our guest is taking your calls and your questions. we have a special line for coal miners and family members at (202) 748-8000. congressman j

gross profit. this is really about creating efficiency. it's about having a starting pointng the product go through the system one time the right way. today, i'm just outside of chicago at the directbuy headquarters. directbuy is a consumer retail-buying group, and it's the largest retail network in the country. in furniture alone, they sell over $200 million of product a year. -steve: marcus. -lemonis: my man. -steve: we're on. -lemonis: how are you? steve and steven are gonna pitch the first phase of our quick-ship line. if we get this deal, it's a true game changer. we go in there today, sell. this is a national retailer, and so this gives us a chance to do business all over the country. steve: right. -lemonis: are you guys ready? -steve: i'm ready. lemonis: all right. why pause a spontaneous moment? cialis for daily use treats ed and the urinary symptoms of bph. tell your doctor about your medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe

it was a gross overreach of a federal authority, we haveee pointed that out to them, we had hearing afterearing from the natural resources committee in congress. but they would not listen. when we had the opportunity to roll that rollback under the congressional review act i was very happy to lead that charge but had a lot of help from members of the house and the senate the major that we got that done. it had nothing to do withcl keeping string streams clean. we have federal and state laws on the books. keep in mind that the states regulated about 97% of the regulatory work in the coal industry is done by the states today. you do not need the federal government stepping into something that is a gross overreach that would virtually shut down underground coal mining in america. that's what that rule would ofet done. and fam >> congressman, republican from ohio, our guest until 9:00 o'clock he's taking your calls and questions. a special line for coal miners (2 members.y we will start with michael calling in from pennsylvania. good morning. >> caller: good morning andd thank you for taking

point. it'd been through 15 years of civil war, 23 years of gross financial mismanagement, and the place was a rack. and because she had these international context and she had this background, she is uniquely qualified to begin the process to get this debt forgiven. that was a big deal. i asked him many times winky to think you're going, when did you decide you wanted to run for president? i've never gotten a good answer from her. it's something that he falls for her but i think it started a long time ago. i think it started back when she left her abusive husband. she was a victim of domestic abuse. she got married at 17. by the time she was 21 she had four boys under the age of four or five. she left them and came to the united states. she left them with her mother and her mother-in-law and came to the united states to get her associate degree. then went back to library and started working for the ministry of finance. that was the moment pictures one of the very few handful of women working in the debt division for the ministry of finance in the 1960s. you can imagine this was a very male-

expectations is that we pick up at a minimum, 20 points of margin. 20 points of margin across $2,800,000 a year in business is $560,000 in grosshat's one heck of a return on $150,000. steve: hi, ana. ana: hi, steve. lemonis: also, in order to cut down travel and enhance communication, i linked up pacific hospitality and grafton furniture with at&t collaborate. ana: did you get the files i sent you about the simple greek project? steve: yes, i did. lemonis: ana and steve will be able to make calls, hold conferences, and even share designs with one easy-to-use platform. and with simple greek franchises set to open all across the country, it's imperative that pacific and grafton stay connected and communicate. ana, i mean, the reason that this business is successful and will be successful is because you're a big driver. ana: you kind of brought this out of me, which i knew was there, but i never really applied it. you like, kicked my butt and woke me up and in a way. lemonis: you should be very proud because she is who she is because of her, but also because of you. gilbert: i don't think that i can live without this. lemonis: ye

points the charges today. when you get your pay stub, your gross salary and your social n contributions and i will reduce those contributions by three points. i want universal employment insurance so so that everybody can have indig nit -- indignities. i will increase it by all those classman, self employed people, farmers, retailers, civil servants, employees, they will gain in purchasing power. they will have purchasing pow. the 40% of people who have the lowest retirement pensions and pay the low rate of chg will pay less and 60% of retirees who pay the normal rate will have an increase of 1.74. the healthier of the healthiest, in order to have a smarter system. there is no magic in finance. >> so, i will take the four minutes. all the other retirees, this will off set by getting rid of the residence tax. >> the residence tax you are giving with the right hand you are taking back with the left hand for a tax. since you a socialist, you will say it cost nothing. it is the state that pays. >> i am not saying that. let me tell you the truth. when you have an increase in purchasing power, except the richest ret

points of wage charges of all those who work. because today when you get your pace with, your gross salary and your social contribution. i will reduce those contributions by three points because i want to go as far as i can. i want into virtual -- i want universal employment insurance seven every people can have dignities when they are unemployed. the workersid of social contribution and deal chb.it with an increase in civil servants, employees, farmers, they will have purchasing power because it will be lower than the charges. the 40% of people who have the lowest retirement will pay less and 60% of the retirees who play the -- you pay the normal rate -- it will increase. the wealthier of the wealthiest -- in order to have a smarter system -- there is no magic in finance. the four minutes, all the other retirees, this rise will be offset by getting rid of the residence tax. >> you are giving with the right and taking back with the left hand. since you are a socialist, you say cost nothing. >> i am not saying that. >> -- everyone has purchasing power except for the richest retirees. >> i have very significant measures t

khan's chief strategy officer, he also pointed to growth margin -- the fact that the gross margin hashird consecutive quarter. i'm sure we will hear more about that as well as user engagement numbers in the call which is coming up at 4:30 p.m. eastern. a lot of anticipation to hear from imran khan as well as ceo evan spiegel. kellie, back to you. >> julia, thank you. shares down about 19% right now, so continuesing to move a little weaker as we get more about the results. >> as i said 1890 was the low before. you're not pinning it on anything in terms of financial metrics right now in terms of the valuation. it is kind of where you are going to find buyer hospital are saying, i'm going to overlook this, think about the longer term story. i think there's an interesting potential space that they can occupy which is, look, we are about photography, messaging. we're not pretending we're going to have people reading 3,000 word articles on our platform. we are something different. it is a distraction. but if the advertising is suited to that exact type of engagement i can see it actually ge

point. host: taking your calls for about another 15 minutes or so on this topic. democrats -- (202) 748-8000. republicans -- (202) 748-8001. independents -- (202) 748-8001 . one more view comes from daniel gross of " slate." "accepting speaking fees does not compromise your integrity and there'sconflict between having on making money and being heavily invested in progressive causes. progressives don't hold george soros's wealth against him but praise what he does for democracy and philanthropy. if the only thing keeping left of center proble politics viable is the rejection of a set of symbolic come over to telegraph behaviors, it has much your problems than barack obama's income streams." linden, good morning. caller: i think people are missing the point on this. if you are not allowed to take money from people while you are in office, that's considered a bribe. you know from watching other people that want to get out of office, you consent making huge sums of money. people forget that present obama already signed -- president obama already signed a book deal for $6 million and now he's getting speaking fees for $400,000. if you know you can get this kind of money once you can get out of off

point charges of all those who work. why? because today, when you get your payslip, your gross salary, and then you have your social .ontributions i will reduce those contributions by three points because i want to go as far as i can. i want universal employment insurance so that everybody can have indemnities if they are unemployed, so i will be getting rid for all workers of their employee, and i will replace it social. paul will have a gain in purchasing power. the rise will be lower. their purchasing power will increase. the 40% of people who have the lowest retirement pensions and pay the lowest rates will pay less than 60% of retirees who an the normal rate will have increase of 1.7 points, and the wealthier for the wealthiest more-- in order to have a -- a smarter system. there is no magic in finance. i will take the four minutes. all the other retirees -- this rise will be offset by getting rid of the residence tax. >> the residence tax that you are giving with the right hand but taking back with the left hand, but since you are a socialist, you are going to say to state the pace. >> am not saying that. everybody will ha

gross competition. on the bloomberg, in the u.s. or in europe, in europe they are continuing to point up in the u.s. is pointing down. that's another factor weighing on the u.s. dollar. we expect the u.s. dollar to continue to weaken from here. throughout the end of the year. >> which markets are you looking at? is it the bond markets, the equity markets, to get a gauge of true market sentiment? particularly as relates to what is going on in washington. difficult to get the same signal from different markets. the stock market rallied in the u.s. massively in the wake of the trump election on the expectation of this goal easing, tax reform. and now it continues to rally despite those tax reform prospects diminishing or the u.s. dollar, for those same reasons is falling. what we are seeing is different signals from different markets. >> that is what i mean though. we have seen this before when it comes to views on the. in their rate hikes. is whom trying to dig at has it right in which market? if you are going to look at markets as a predictive mechanism or tool, who has it right? >> our expectation is in the u.s., mos

points the wage charges of all those who work. why? because today, when you get your pay slip, your gross salary, and then you have your social contributions. i will reduce those contributions by three points, because i want to go as far as i can. i want universal insurance, employment insurance, so that everybody can have indemnities if they are unemployed. i will be getting rid for all workers employees' social contribution and i will replace it by an increase in csg. all those who work, craftsmen, self-employed, farmers, retailers, civil servants, employees. they will have a gain in purchasing power because the rise of the csu will be lower than the fall in charges. the 40% of people who have the lowest retirement pensions and pay the low rates of chg will pay less and 60% of retirees who pay the normal rate will have an increase of the chg of 1.7 points. the wealthiest, in order to have a smarter system, there is no magic in finance. >> translator: you're four minutes ahead. >> translator: so i will take the four minutes, all the other retirees, this rise will be offset by getting rid

points. i think there's going to be a continued sense of nervousness. i spoke to legendary bond investor bill gross, who is one of the world -- run one of the world's largest bond portfolios. his senses that people are worried. worried that the important reforms are not going to happen. if they don't happen, it doesn't necessarily justify these high-level levels you've seen in the market. investors want to see this stuff happen and they are concerned it may not. given this news breaking late today, one can anticipate that the nervousness was going to continue. >> bret: what does it mean for the economy overall? >> it's not good. if you want economic reforms that are going to encourage growth. if you get stuck in this sideshow event and suddenly everyone's energy and political capital is consumed with trying to deal with that and the investigation, then you're not going to get everything else you want done in the way of spending for infrastructure, tax. all of that acts as a hindrance on the economy. need to grow jobs and wages. these are important things. but they're going to basically go to the ba

point is right. with the ecb does is more important because so much demand , and japan, is coming from overseas today. jonathan: bill gross tomorrow. alan krueger is showing up tomorrow. let's get the estimates. 190, where he sitting in blackrock? >> we think the numbers will be good, but maybe lower. bit topping in terms of economic data. if you said to me higher or lower to 190, i would say on the lower side of 190, but a number that can keep its fed -- the fed on its path. alix: he's going to the beach. let's not pretend. david: thanks so much. ill be joined w by senator orrin hatch on taxes and health care. this is bloomberg. ♪ jonathan: shares of facebook lower, warning revenue growth will fall. that overshadows the news that first-quarter sales beat estimates and the number of monthly users rose 17%. joining us now is paul sweeney. we've heard this from them a couple of times. , iscapacity constraints that is what is bumping up against facebook's ambitions? thate company has warned we will limit the amount of additional hats we put into the facebook feed. thatwill -- additional ads we put into facebook feeds. that w

point. we couldn't just sit there and wait. they might not have a school, might not have been a gross out there returned our school into an ebolark with the community to help quarantine families. our school nurse became -- we hired all these nurses. i will never be the same. i don't have time to get into all the stories, but afterwards we realized that the root cause of exploitation is similar to the root cause of this hole that ebola has which is a broken infrastructure and how you build infrastructure in the health heh care system can adjust the system. hardeeville systems have begun a basic education for all? i went to the minister of education. literally one of the strongest statistics, 100% of people failed the entrance exam to the university. i went to the minister of education and that how can i help you, partner with you to help rebuild the education system? he's like a new pope which you got in the pool, your academy so that ended up turning into something called partnership schools for liberia. this year we went from one school. this year we have seven. next year our goal is to have 18 to 30. we are about to get alloc