tweet cramer at #madcramer, or happen cnbc. head to madmoney .cnbc.com. >>> tonight, i'm teaching you a novel, a novel way to fill those five slots in your portfolio i the five stocks that now represent what i call the new diversification, not just by sector, but style and strategy. if executed correctly, you'll always own something that works and holds your interest, keeping you in the game even when it feels to excruciating that you don't want to continue playing. well, at the same time, making sure you have some positions that go much higher when times are good. what's the most important category? i have no question about this. in a world where even when central bankers raise rates from such low rates, you can't get bonds to live on. you need a stook that gives you a good yield. by the way, it's not a funny way to approach things. own a stock, at least one, possibly more, with a big, high yielding dividend, but unlike diversifying by sector, owning two or three high yielders, but no more than that, it's a good thing. they ar

. >> let's find out what's happening with cnbc's bill griffith, hello, bill. >> another rough start today. this is a jittery stock market so far in 2016, monday they were more concerned about the problems between saudi arabia and iran. this morning, of course, the word that north korea was testing a hydrogen bomb. the dow was down almost 300 points on the open this morning, now. >>> two high fliers to tell you that have fallen on hard times, first, chipotle mexican grill revealed this morning, they have received a grand jury subpoena as part of a federal criminal investigation into the outbreak of the norovirus at one of its last summer. of course, the company's been reeling from the breakout of e. coli in various states around months. chipotle did that sales in the fourth quarter fell by a whooping 14.6%. that was much more than feared. so we're waiting to see what results from this grand jury subpoena. the other high flier that's falling on hard times is apple. once the darling of wall street, that stock this morning briefly fell below $100 a share for the first time in almost two years

. >> and here is what's happening at this hour. >>> in a cnbc interview from davos, secretary of state john kerry says it is likely that some of the billions of dollars in sanction relief given to iran will go to groups deemed terrorists. >> i think some of it will end up in the hands of the irdc or other entities, some of which are labeled terrorists. to some degree i'm not going to sit here and tell you every component of that can be

what happened at cnbc didn't deal with what was on air, there was stuff that happened before and on aired of, some of the prom e promises they felt were portrayed by cnbc. so that had to do more than with what was asked on air. with respect to this, you have a disagreement between a candidate and moderator in terms of the tone and some questions. there's a difference between entity coming out pro and con of a particular candidate and someone disagreeing with the tone and tenor of a moderator. so while i have respect for mr. trump ice decision, that's between him and fox news. and what happened after the cnbc debate was that candidates specifically said that they woulded to deal directly with the networks on issues of moderators and criteria. >> john, it's willie geist. how much contact have you had in the last 48 hours with the trump campaign and what have the negotiations been like? >> there's no negotiations. it's been updates. with each campaign as we head into a debate there's logistical things we handle. we've stayed in contact with the campaign to make sure they knew they were abl

. >> compare that reception, the reception that got last night to what happened to the cnbc debate in october when cruz element identically attacked his host. >> this is not a cage match. you look at the questions. donald trump are you a comic book villain. ben carson, can you do math. john kasich will you attack two people over here. jeb bush, why have your numbers fallen? how about talking about the issues people care about? >> today the des moines register which has endorsed rubio issued a damming verdict on cruz's performance. rough night for cruz. the cruz cam pap is-- campaign is shifting all its negatives suggesting they may be worried about a third place finish on monday night. a bad night for his closest rival meant a good night for donald trump who says he raised 6 million dollar for the vets. there's pretty much no way for us know if that's actually true. a lot of it went through his own foundation. trump still managed to dominate the conversation online. he was the most searched candidate during the entire broadcast. campaigning in new hampshire, trump couldn't resist stic

candidates gave, they were all talking about the moderator's questions, the exact same thing that happened with cnbc and the rnc removed them from future debates -- about how about ted cruz's challenge, a one-on-one debate with donald trump before the iowa caucuses? >> look, ted cruz, if he's the last man standing and it comes down to a two-person race donald him. ted cruz talked about how gait his campaign is and has the greatest ground game in the history of iowa. what we see is his position on ethanol has flipped and flopped and governor bransome has said he should not be elected in the state of iowa, a remarkable feat for a sitting governor. we see that number of people have come out and basically said mr. trump is the best person in this race for the state of iowa and moving forward including -- >> corey -- >> including jerry falwell jr. it's up to the people of iowa to decide who ultimately on monday will be the caucus winner but i can tell you donald trump is in the state of iowa competing every dhar for votes. pro. aren't you worried about that possibility of an empty podium at tomorrow nigh

i'm an optimist. >> okay. >> we'll see what happens come monday. time for a cnbcs update. >> here's what's happening this hour, california authorities say they have captured one of the three inmates who escaped from a california jail last week while facing violent crime charges. 43-year-old was argsed by police in santa ana, the same city where the trio made their escape from the county jail. >>> the u.s. military calling an anne armed iranian drone in international waters in the persian gulf an unprofessional move. earlier iran released footage of the drone and said it took precise photos of the carrier as part of as ongoing naval drill. >>> a new study suggests one in four adults over the age of 45 talk to their doctor or nurse about memory issues during routine checkups, experts say it is important to bring up any memory problems because they could be related to very treatable conditions. >>> a german teenager climbed atop the great pyramid this month in brought daylight and has gopro pictures too prove it. he was halfway up the 455 foot structure when police f

it's different in that it's the adjustments happening. >> a famous cnbc ranter. >> there's two. >> it's famous cnbc ranter. >> it wasn't cramer. >> rick, that's his name. rick. that's his name. >> there's two ranters. >> thanks, joe. >> but here's the point i'd like to make. it's not a question. the fed for more than a year has been out there warning people that they're going to hike. stanley fisher has given three speeches on the notion, emerging markets you better get your act together because we're going to hike. all of you guy out there in the carry trade you better look out because we're going to hike. so the fed comes along and it hikes and it's the fed's fault thousand market reacts. >> no, yes and as you said how about even in september how about when we thought all they were going to go and they gave you another pass. >> but the market fails to adjust. i'm not defending the fed but i'm defending the fed. >> the fed has been -- >> far be it for you. >> i think the fed has been very transparent on this one. the bottom line is though is that what's bothering me more about the fed

a closer look at what's ahead for the market today in our cnbc business news at 5:00. >> now happening today jury selection begins in the trial of baltimore police officer cesar goodsen jr. he was driving the van where prosecutors say freddie gray suffered his deadly neck jury. the officer faces second-degree murder charges. officers say he did not strap gray into the van and ignored pleas for help. gray arrived at the police station injured and unresponsive and died a week later. goodson pleaded not guilty. the mother of the so called aten will ask for her bail to be reduced. a judge set the bail last week after couch returned to texas. investigators say she helped her son ethan flee to mexico as prosecutors investigated whether he violated his probation. today in detroit nearly three dozen public schools expected to close because of planned teacher sick-outs. the district sent a special alert yesterday. detroit public schools say they are organized by a group of teachers known as detroit strikes to win. they are frustrated with the state's alleged mismanagement of the school system.

everyone lines up and goods on cnbc and says that's what needs to happen. the investment community said we need a full-time ceo, someone trying to turn twitter around. the board ignored it. and lo and behold the stock is down. this is a man who for all the rhetoric, he's the next steve jobs and he's vl talented, he's never led a public company before. these trying to lead two, slumping stocks, troubled in a horrible market. anything he says -- >> what's so great about founders? cisco got rid of the founders and they took the money, they ran, they were happy, company took off. ebay, made a lot of money under professional management ebay took off. >> we forget, they were both fired for very good reasons at twitter. twitter would not have gotten to an ipo without a professional manager. you can nitpick how good or bad dick costello was -- >> how much was dorsey the founder anyway? he was the guy present at creation. sort of like the head of yahoo! right now. they're close to it. but they're not founders. they haven't built a business. they got there early on.

happening? what does it mean for you? cnbc's courteney reagan here on a saturday morning. >> good to see you. >> this has people harking back to 2008. is this 2008? >> i understand the fear, but this is not 2008. in 2008, the economy was on verge of total collapse. financial institutions were disappearing overnight. the stock slide we are seeing is fear induced. the fundamental companies of the united states are stronger now than in 2008. >> perhaps the companies were overvalued. >> very much so. that's where you hear the talk of correction. a correction typically is when stocks fall 10% from the more recent highs. that is what we see right now. that is a reset of stock prices. >> we hear a lot about oil and china. how much of all of this is tied to those two? >> very much. china and oil are the two factors that are driving stock prices lower. you think about china. the world's second largest economy. it is a very big buyer of industrial products and consumer goods. steel, copper, handbags and cars. if china is buying less of th

happens next? but first here's the cnbc market wrap. >> all three of the indices up more than 1%. slides 252 points, the s&p up 26, closing below 2,000 and the nasdaq shedding 55 points. minutes from the fed reserve's last meeting showing some policy makers thought the decision to raise rates was a close call. the report comes two days before the government's employment data due out on friday. that's it from cnbc, first in business worldwide. with jublia. jublia is a prescription medicine used to treat toenail fungus. use jublia as instructed by your doctor. are you getting this?! most common side effects include ingrown toenail, application site redness, itching, swelling, burning or stinging, blisters, and pain. oh, epic moves, big j! fight it! getting ready for your close-up? ask your doctor if jublia is right for you. visit our website for savings on larger size. ♪ ♪ ♪ why fit in when you were born to stand out. the 2016 nissan altima has arrived. ♪ when you're on hold, your business is on hold. that's why comcast business doesn't leave you there. when you call, a small busine

cnbc report. >> about 4:36. 38 degrees in philadelphia. happening today, police will start using body cameras. septa began a pilot program to test the cameras, now the transit authority is ready to roll them out to all officers. septa's police chief says this will create a checks and balances system between officers and the community. >> allentown mayor ed pawlowski will deliver his state of the city address. the speech comes amid an fbi probe into how allentown awarded city contracts. >> back to breaking news we're following for you, a philadelphia police officer ambushed, he's in the hospital recovering from multiple gunshot wounds. police say that the police officer shot the suspect, he's also in the hospital where he is in custody. hey gus! good to see you again! the usual? veggie burger with the works. see ya. sounds good matt! thanks! gus, the second most famous groundhog in pennsylvania! that's me. and this is for you! gus bucks ! the new instant game from the pennsylvania lottery- with top prizes of a hundred grand. it's the best game yet. 'cause you're on it? well... keep on scratchin

why is this happening, and what does it mean for you? cnbc's courtney reagan here on a saturday morning. >> that's right. good morning to you both. >> good to see you. >> nice to see you. this has a lot of people thinking back to 2008. is this like 2008? >> i understand the fear. but this is not like 2008. in 2008, the economy was on the verge of total collapse. financial institutions were just disappearing overnight. this is much different. fear induced. we'll talk about what that means in a moment. basically, the underlying fundamental companies of the united states are stronger now than they were in 2008. >> perhaps some of the companies were overvalued. >> very much so. that's when you hear the talk a correction typically is when stocks fall 10% from the more recent highs. that is what we see right now. that is a reset of stock prices. they become more expensive. >> we hear a lot about oil and china. how much of all of this is tied to those two? >> very much. china and oil are the two factors that are driving stock prices lower. you think a

miss colombia and steve harvey to hash out what happened on that stage when the wrong miss universe was announced. let's get down to business with cnbc's landon dowdy. >> hey you got your french fryies in my chocolate sauce. mcdonald's is adding chocolate covered fries to the menu, but only in japan. johnson and johnson cutting three thousand jobs over the next two years and sales fell more than 10% last year. hackers may not care much anymore about your credit card number. security experts say uber, valuable. prices for this stolen info are fetching better prices under ground. sheba back to you. >> just ahead more hollywood stars are peeking out object the oscars so white controversy. and get ready for the worst hero ever. up next. before earning enough cash back from bank of america to help pay for her kids' ice time. before earning 1% cash back everywhere, every time. and 2% back at the grocery store. even before she got 3% back on gas, all with no hoops to jump through. katie used her bankamericard cash rewards credit card to stay warm and toasty during the heat of competition. that's the comfort of rewarding connections. apply onl

happened. >>> on this monday, today's cnbc money report. could be a little less for your next ube rerks ride. the company announced it's cutting prices in 100 cities because of a drop in demand you may have gotten an e-mail from the company. we should point out, the price countries vary by city. >> i don't think i got an e-mail. >> ypa're going to pay what you've been paying. >> not in your city. >> your prices haven't been cut. >> prices are down in altoona. very low. you can get an uber like that. you want to stay in today if you caofn. not standing on bus stops, that's for sure, or train stops. much chillier again. down to the freezing mark in the city. 30 or 35 covers it. it's a lit.le colder north and west. when the wind kicks in, and it's kicking in at 30 miles an hour, it feels even colder than that. feels more like the teens and 20s. 36 the expected high today. a gusty wind prevails throughout the day. wind will ease tonight. partly cloudy overnight. 25 in the city, colder in the suburbs. a quick shot of snow showers later tomorrow.

happened today, guys. if you take a look at our cnbc rapid update calculated by moody's.com, which is the tracking of growth. we got the trade deficit numbers in today, and we're tracking down again. now at 1.4%. a really wide range of economists for the past quarter. the fourth quarter there. you can see the high end 12.3. morgan stanley, 0.4. goldman sachs at 1.7%. that offsets some of the weakness we've had. 257,000 jobs announced by adp for the private sector. we'll see if that number comes in strong. that's certainly something that's going to propel the fed. scott, i had to guess, i think the fed would give pause in january and if the economy can gather some steam and these tracking numbers look more towards 2% on the first quarter, that the fed could go again in march. >> the interview everyone is talking about today. steve liesman, thanks so much. steve live for us down in d.c. see you back at hq. thank you for joining us. much mosh with the gang. how low can apple go. >> virtually reality headset kicking off just an hour ago. can you get your hands on one? that is the question. we're going to ask th

happens. >> "high castle" for amazon, and cnbc does "house of cards."on't pass on jessica. >> i won't. >> we'll see you tonight, "mad money" at 6:00 p.m. >>> when we come back, dallas fed president richard fischer. me, too, but the eulogy that frank's daughter gave was beautiful. i just feel bad knowing they struggled to pay for the funeral, especially without life insurance. i wish they would've let us help. but, it did make me think, though. about what? well, that i could leave you in the same situation. i don't have life insurance, either. if something were to happen to me tomorrow, how are you pay for my funeral? or my other bills? nothing's gonna happen to you tomorrow. you don't know that. i made a promise to always take care of you kids. without life insurance, i'm not keeping it. besides, i already looked into it and between my budget and health, well ... you should call massmutual. they have a new policy called guaranteed acceptance life insurance. i got covered with one call, and it was an affordable option for reliable coverage. what do you t