>> elon musk met in the office with jim jordan in minority leader hakeem jefferis. he tweeted about the meeting saying just met with speaker mccarthy and congressman jefferis to discuss ensuring the platform is fair to both parties. but there's dirty been some disputing of what actually occurred to what led up between the two bipartisan leaders on capitol hill. elon musk said he was there to meet with jefferis but jeffrey says that was a running that happened by chance that jefferis ended up seeing musk and that was not a plan face-to-face after all. neil: keep us posted, great reporting. i see you're still chasing people, hours away having a baby, your relentless. thank you very much. hillary vaughn in the middle of that. pity the poor politician who bumps into hillary. steve forbes is with us in his reaction to all of this. it's interesting that he spent as much time as he did and maybe still in washington. i'm wondering why he is famously fast washington, what do you think? >> think you tried to do things that will do with the temperature around her. his become c

jefferies, the gentleman from minnesota, mr. emmer, the gentlewoman from massachusetts, miss clark, the gentlewoman from new york, miss stephanie, the gentleman from california, mr. aguilar, the gentleman from louisiana, mr. johnson, the gentleman from california, mr. liu, the gentlewoman from michigan, mrs. mcclain, the gentlewoman from washington, miss delbene, the gentleman from north carolina, mr. hudson, the gentleman from south carolina, mr. clyburn, the gentleman from alabama, mr. palmer, the gentleman from colorado, mr. neguse, the gentlewoman from oklahoma, mrs. vice, the gentlewoman from texas, miss escobar, the gentlewoman from indiana, mrs. hushing, the gentlewoman from illinois, miss underwood, the gentleman from oklahoma, mr. cole, the gentleman from minnesota, mr. phillips, the gentleman from north carolina, mr. mchenry, the gentleman from pennsylvania, mr. perry, the gentlewoman from california, miss barbara lee, the gentleman from louisiana, mr. graves, the gentlewoman from florida, miss wasserman schultz, the g

jeffery's. bob babbin, mccarthy baird, mccarthy. >> balderson, mccarthy. val ant, jeffery's.anks, mccarthy. barr, mccarthy. >> bargain, jeffries. bean of florida. >> mccarthy. >> mccarthy. beatty. >> hakeem jeffries. >> bents? >> mccarthy. >> hakeem jeffries. >> bergman. >> mccarthy. >> buyer. >> jeffries. >> byce. >> mccarthy. >> biggs? >> jordan. >> jordan. bill. >> mccarthy. >> bishop of georgia. >> jeffries. >> bishop of north carolina. >> mccarthy. >> blumenhaur. >> jeffery's. >> rochester. >> jeffries. >> boebert? >> present. >> present. [cheers and applause] >> laura: okay. that's the big one. lauren boebert, who was thought to be someone who would not change her vote voted present meaning that's a big plus, of course, for kevin mccarthy. we'll continue to listen in. huge reaction on floor to that. >> mccarthy. bowman. >> jeffries. >> boyle of pennsylvania. >> hakeem jeffries. >> brooken. >> mccarthy. >> brown. >> jeffries. >> brownly. >> jeffries. >> buchanan. >> mccarthy. >> buck? buck? boushan. >> kevin mccarthy. >> ba sinski. >> jeffery's. >> burchett. >> mccarthy.

would you rather have hakeem jeffery's. >> that's not a real choice, that's not a real choice. >> lauraority in the house rather than have mccarthy as speaker with the concessions that you did get a number of concessions. what would you rather have a coalition where you could be in in the minority opposing the democrats? yes or no. >> laura, that's a false choice. hakeem jeffery's can only be the speaker of the house if a republican votes for him. >> laura: moderate republicans might. moderate republicans might end up doing that. if we're here four days later. >> i don't believe that, laura. at the end of the day right now the conversation worry he a having is, will we ca he the rules committee so we stop doing what we are he a doing. you're talking about having a democrat versus a republican. explain to me how what we've been doing is working. explain that to me. >> laura: right. but my question is, and i'm not privy to everything, but did he not put a number of freedom caucus members, didn't already agree to you guys having specific and top positions in the key committees. >> no. >> i

a jefferies analyst has a buy rating on microsoft, welcome to the show. simple question to start with, this is azure saving the day, isn't it? >> yes. azure is one component. office was also very good. i think the balance of growth and profitability is keeping microsoft alive. everyone was super fearful that the della had -- that the u.s. was going to get worse. they brought expectations down, but delivered what was an okay quarter. no one was going to do back flips over these numbers. technology is slowing. it may get worse in the back half of the year. they have another quarter of tough comps. let's not break out the champagne glasses at this point. in relative to the fear, way better than expected. ed: that is an interesting point. when we look at azure, 100 basis points better than guided. you think about this idea, eps dropped 6.5%. the street was looking for a 7.5% drop year on year. what is the story for micro soft with this broader economy? will it have to rely on its cloud business? brent: yeah, it is all about the cloud. there is no other story

a vote for jefferies, thank you, chad. now we bring in former speaker of the house, fox news contributor, newt gingrich. think america will tolerate a day or two of in fighting, back and forth squabbling. here is what i don't understand. we know where mccarthy stands in terms of investigations. he's investigating the fbi, doj, origins of covid, with draw of afghanistan, and joe biden himself and the money that he and his family made. on the commitments to america he has a very specific agenda. then you have the motion to vacate he has agreed to with only five members needed to get it started. that seems like a insurance policy. why such resistence? >> you know i can't explain it. i understand that you could have one, two, three people that are crazy. the fact that you have nineteen people vote three times and donald joined he didn't have the votes yet. even then that means you have 207 people voting against not voting against mccarthy. they're voting against the house republican conference. the conference was 10-1 in favor

. >>> meanwhile crowdstrike one of the worst performers following a downgrade from jefferies they bothf this break stay with us [music - cover of blondie's “dreaming”] [music playing] ♪ imagine something of your very own. ♪ ♪ something you can have and hold. ♪ ♪ i'd build a road in gold just to have some dreaming, ♪ ♪ dreaming is free. ♪ accenture, let there be change. >>> let's turn now to crowd strike and take a look at the stock shares they're much lower jeff erreys is outlining their expectations for cybersecurity and the broader threat landscape in a year from now good morning a and thanks for being with us. you said you saw the deal strengthen what is the risk that some of these companies pause adoption altogether what would be the risk more broadly for everyone else? >> well, i think when you think about security, obviously it's something that organizations are going to need, and, in fact, when we see a downturn in the economy, we see some of these layoffs, it's an area that's of great exposure to many companies, and it's a time when adversaries continue their relentless attacks

and a debate on coin wall street says the company will survive and even thrive and piper and jefferys says uber is a buy we have what it means. >> carl, let's kick things off with the tech rally. the nasdaq led friday's gains and is leading once again today. techs, the top sectors, high his take a look. my question to you, dee and carl, is, are the markets focused on the wrong thing here? are investors brushing aside some fundamental things and focusing on the soft landing narrative that's formed? i can't help but notice, dee, friday macy's warned based on weak consumer demand they've been managing inventory well, but said after cyber week, demand really fell off more than expected so that stock is down about 8% right now. and then lulu warned this morning, a different story, higher inventory levels. they're selling that, too, but it looks like they're discounting that a lot they warned about margins. that stock is down, what, almost 10%, 9.5%. but those are an anomaly in this market, but are they pointing toward things to come in. >> they're an anomaly maybe, but, yeah, i would agree

brent thill is a jefferies analyst.e will let him get to the call for analysts with microsoft coming up in 20 minutes. let's get to another key story that just broke, rupert murdoch is scrapping plans to a proposed merger between fox and news corp. murdoch sent plans to put back together a media empire that he split in 2013. but he indicated he and his son lachlan determined that the combination is not optimal for the shareholders of fox and newscorp. the murdoch family has a 39% voting stake in news corp. and approximately 42% of fox. ed: more media movements. coming up, a union alleges youtube is trying to derail contract workers from organizing in texas. more details on that bloomberg story, next. ♪ caroline: banc of america. some stock compensation being announced. for those earning up to $500,000 , they are not eligible to receive, once again, a pool of restricted stock. this is rewarding basically a majority of the entire employee base, which was up to 96% who were earning $500,000 or below. still sticking to that

so i time to learn more speak to the man himself crossing live now to jeffery young. a very warm welcome to you. so thank you so much for coming on the program here on the international. you do have some pretty strong words about the european military chief. i mean, is it accurate to say that you consider nato's yet installed him book to be a war criminal? i think it is accurate. i grew up in massachusetts and went to mit for the undergraduate degree where i took a couple of classes with noam chomsky and that was back in 1976. and i learned at that time that every us president from 945 till the present day has been an aggressor and a war criminal. nato is now under the direction of the united states and assist oldenburg, was chosen in order to support us imperialism. he's a war criminal to, specifically in your grade. geoffrey what, what, what do you think though, of, of his, of the self bugs, opinion that sending more weapons to ukraine would be the path to peace. it's eddie, artic. it makes no sense at all. the fastest has to appease at this point would be for the w

hakim jefferies. later, one of you will grade yours truly live in our last call segment. you get to have the last word on the show. we begin with more drama from washington and the swamp today after two days, six ballots. kevin mccarthy has not gotten to the magic number of 218 to be speaker of the house. 20 republicans continue to oppose mccarthy. including a congress woman that will join us. today she and others voted for donalds. a rising star in the gop, strong conservative track record. cory bush, she referred to him as a prop and accused byron donalds of up holding and perpetuating white supremacy. he said his name being in the mix is not mix it's pathetic. imagine living with that hate. cori bush must be a miserable human being. maybe she's just jealous. democrats have not even flirtpugh with making her speaker. guess what cori bush they likely never will. donalds is attempting to bring down the temperature on capitol hill with this important reminder. we're on day two of the speaker battle not 2070. donald is right. despite the democrats and media mob this is not

minority leader jefferys. hucky, i've got to warn you, two years ago i got 100% of the vote from my conference. there's somebody else i want to thank. >> the gentle lady who served as our presiding officer this week, our clerk, cheryl johnson. thank you. you know, my father always told me it's not how you start. >> it's how you finish. >> and now we need to finish strong for the american people. you know, i'm the son of a fireman and a grandchild of immigrants can rise to the highest position in the most important legislative body in our country. and if my colleague hakeem jeffries, with his life story can rise to lead his party, then opportunity and democracy still thrive. in america. >> its leader, jefferys, there will be times we agree, and many times we will differ. i promise our debates will be passionate, but they will never be personal. that's my commitment to you. and now the hard work begins. what we do here today. next week, next month, next year, we'll set the tone for everything that follows tonigh

and european auto research at jefferies. bloomberg. ♪ thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh alix: federal reserve brainard is a contender to lead the white house's national economic council. annmarie hordern joins us from d.c. what is your take? annmarie: there has been a number of individuals likely leaving the white house. this is pretty much normal in the administration, and we knew that the chief of staff would exit, as well as the national economic council director brian dietz. talks are ongoing, but barinard has come up as a topic -- brainard has come up as a top contender. other names are like jean sperling, who held that job and past administrations. but, at the moment, it seems like lael brainard is on the top of the shortlist. interesting, the next question will be,

we will do so under leadership of hakeem jefferys who has a plan for the american people. therefore, as vice chair of the democratic caucus, i'm directed by the vote of our caucus to present for election to the office of speaker of the house of representatives for the 118th congress representative-elect from the state of new york, hakeem jeffries. [ applause ] >> for what purpose does the gentleman from montana rise? >> thank you very much, madam clerk, i would like to nominate the name of byron donalds to speaker of the house of representatives. >> the gentleman is recognized. >> let me begin by stating it is an absolute privilege to be here standing and serving with each and every one of you. i know we have differences of opinions and i know we have differences of agendas that we would like to pursue, but i will tell you, that we all are representing the united states of america, in the best fashion that i know that we truly believe in. so thank you, and it is a privilege. when i walk out every evening, from the office building, i will tell you, that as i look back on th

meantime the democrats, hakeem jefferies who just said this.plete chaos at the other side of the aisle. like is mccarthy damaged here even if he wins the leadership? >> he is. he's deeply damaged and of course the irony is all the concessions that he has had to make so far number one could be for not but, number two, would actually give him much less power to wield leadership if he became the speaker and one of the chief objections that these holdouts have other than just -- if there were going to be an ideological thread, they see him too likely to cut a deal with democrats. that's great if you are a hard line member of the republican base who's interested in the fight but if you are the average overwhelming share of americans, your frustration with congress is they can't compromise enough and get enough done so what you're setting up here is theoretically an agreement that would tie his hands and make it harder for any deals. christine, right now that makes it look like it would be harder for democrats if you watch nancy pelosi and hakeem jef

hakeem jefferies was there too. he had not met him before. reporter: today, musk also met with biden advisors john pedesta and mitch landreu. they are in charge of implement ing the bipartisan infrastructure law and the inflation reduction act that includes billions for the clean energy industry in the meeting the white house spokesperson tells us they talked about their shared goals to go electric but the big question is, is this meeting signaling that democrats in d.c., within the biden administration and elon musk, if they're turning over a new leaf. white house press secretary kari ne jean-pierre was asked if this is a turning of the page in the relationship between the white house and elon musk and she says basically that it says a lot, that these two advisors met with elon musk and it shows the commitment that the president has to electric vehicles and essentially, getting the money to invest in these new clean energies which elon musk so far, liz, has not been a big part of that conversation, but today, it seem s like the white house i

congressman ha keep jefferies will serve as the house minority lead. any idea of what kind of working relationship he can establish with kevin mccarthy? lauren: he's hoping it's better than the relationship mccarthy had with nancy pelosi. that was a terrible relationship he was asked about that and he said he's hopeful it be much better, listen here. >> kevin mccarthy and i have had some positive forward- looking conversations over the last few weeks and i'm hopeful that we'll be able to build upon those conversations to do the right thing for the american people. clearly, we're going to have strong disagreements at times, but we can agree to disagree without being disagreeable. that is what i believe the american people would like to see in terms of a functional house, a functional senate, a functional government. lauren: indeed, a functional government but he also said in another part of that interview, he's concerned about those concessions that mccarthy made to the lawmakers to get their vote, and hakeem jefferies went on to say the american people

so another exclusive is coming later this hour with the journalist who interviewed jeffery epstein's accomplice ghislaine maxwell from her prison sell. sat down with her by phone in the prison. will be fascinating. wait till you hear what she's saying about how jeffrey epstein died and that famous photo with prince edward in it. and more of the highest ranking mayors and officials in ukraine. allies consider more military equipment and aid to his country, he knows how important it is to make sure that corruption is stopped in order to get that money. we'll have more after this. lib. they customize your car insurance, so you only pay for what you need. contestants ready? go! only pay for what you need. jingle: liberty. liberty. liberty. liberty. >> tech: cracked windshield? make it easy and schedule with safelite, because you can track us and see exactly when we'll be there. >> woman: i have a few more minutes. let's go! >> tech vo: that's service that fits your schedule. go to safelite.com. >> singers: ♪ safelite repair, safelite replace. ♪ some things are good to know. like, where t

jefferys. alford? mccarthy. allen? mccarthy. amodei? mccarthy. armstrong? mccarthy. arrington? mccarthy. auchincloss? jeffries. bacon? mccarthy. baird? mccarthy. balderson? mccarthy balint? jeffries barr? mccarthy. barragan? jefferys. bean of bentz? mccarthy. bera? jeffries. bergman? beyer? jeffries. bice? mccarthy. biggs? donalds. bilirakis? mccarthy. bishop of georgia? jeffries. bishop of north carolina? donalds. blumenauer? jeffries. blunt jeffries. bost? bost? mccarthy. bowman? jeffries. boyle of pennsylvania? jeffries. brecheen? donalds. brown? jeffries. brownley? jeffries. buchanan? mccarthy. buck? buck? bucshon? mccarthy. budzinski? jeffries. burchett? mccarthy. burleson? mccarthy. bush? jeffries. calvert? mccarthy. cammack? mccarthy. carl? mccarthy. carson? jeffries. carter of georgia? mccarthy. carter of louisiana? jeffries. carter of case? jeffries. casten? jeffries. castor of florida? jeffries. castro of cicilline? jeffries. ciscomani? mccarthy. clark of massachusetts? jeffries. clark of new york? jeffries clyburn? jeffries. clyde? donalds. >> and with that, and with

jefferys. bishop of north carolina? bishop of north carolina? blumenauer? jeffries. blunt rochester? jeffries. boebert? [ inaudible ]. >> order. >> bonamici? jeffries. bost? mccarthy. bowman? jeffries. [ gavel ]. >> the house will be in order. >> boyle of brecheen? hearn. brown? jeffries. mccarthy. buck? mccarthy. bucshon? mccarthy burchett? mccarthy. burgess? mccarthy. burlison? mccarthy. bush? jeffries. carl? mccarthy. carson? jeffries. carter of georgia? mccarthy. carter of louisiana? jeffries. carter of texas? mccarthy. casar? jeffries. case? jeffries. casten? jeffries. castor of florida? jeffries. castro of cicilline? jeffries. ciscomani? mccarthy. clark of massachusetts? jeffries. clarke of new jeffries. clyde? donalds. cohen? jeffries. >> all right. so it seems like the eighth time will not be a charm for kevin mccarthy. i'm katy tur. thanks for joining us. we've been watching the eighth vote for speaker of the house, and right now, we are currently at five dissenting votes, five nonmccarthy votes, from the republican caucus. as you know, we can only afford to

jefferies is also now officially the first black lawmaker to lead a party in congress, succeeding the first woman, pelosi. it was a picture of unity within the democratic party and of progress. a changing of the guard in house democratic leadership. even more diverse, younger, reflecting the promise of america. the start of a new congressional year can also be messy, and by messy, we're talking a full-on revolt against kevin mccarthy and his fight for the speakership. to win the gavel, he needs a majority of the members present voting, that would be 218 votes, and while things aren't exactly going mccarthy's way, earlier today, kevin failed to win a majority on the first ballot amid opposition from his party's far right fringe, the same scenario repeated during the second vote. with the anti-mccarthy faction consolidating for insurrection friendly tea partier jim jordan of ohio, who himself is a supporter of mccarthy. kevin then lost his third vote for speaker, even losing support when florida republican byron donalds who earlier got a nomination vote himself, announced his support fo

in 2011, banks spoke with correspondent jeffery brown. >> the process of writing fiction is really they way i can penetrate things that are truly mysterious to me. and what's truly mysterious to me are people who are not like me, who aren't privileged in the same ways that i am, and who are therefore likely to be marginalized and outcasts, or people who we tend to generalize and stereotype. john: russell banks was 82 years old. still to come on pbs news weekend. why do many americans feel lonely, and what can they do about it? and a young immigrant's take on embracing immigration. announcer: this is pbs news weekend, from weta studios in washington, home of the pbs newshour weeknights on pbs. john: on this final weekendf the nfl regular season, teams are showing support for buffalo bills safety damar hamlin with warm up jerseys and by highghting his uniform number three other 30 yard line. doctors say hamlin is making steady progress after suffering cardiac arrest during a monday night game. today tweeting from hisospital bed. the urgency of that night is evident in recordings of radio

state of new york, has received 212 time and time again. democrats applauded as their leader akeem jefferies won the most votes, though also short of the needed majority. this was the dangerous moment for americans and for the world. one of the reasons why the congress needs to organize . there are public health vulnerabilities. it's one of the reasons why the congress needs to organize and republicans need to get their act together. a block of 20 rebel republicans, mostly from the ultra conservative freedom caucus, plus one republican voting president had so far stopped mccarthy's years. long ambition to run the house. the stand off persists just fine. as series of last minute confessions, mccarthy made among them a promise to allow just one member of congress to call and vote to remove the speaker that would make him perhaps the weakest speaker in american history. like the so called never kevin block, nominated a series of other republicans like taking advantage of the fact that the speaker doesn't have to be sitting member one. congressman nominated donald trump for the office mccarthy c

more full of weapons in response to that us democratic party candidate for governor and kentucky. jeffery young said that mister stolen book should face 30 years behind bars. as a mr. young says sold a book has been a fueling the conflict. it may sound like a paradox, but military support for ukraine is the fastest way to peace. is the arctic. that makes no sense at all, but the fastest pass to peace at this point would be, for is for the western united states, nato. the building to stop sending anything to ukraine, accept humanitarian aid for the civilians who have been displaced. i believe not send any more weapons, any more money. every us president from 945 till the present day has been an aggressor and a war. criminal. nato. is now under the direction of the united state and the store and burg was chosen in order to support us imperialism to the camera. so he's a war criminal to specifically and your grade just a little less than a program here. he will be bringing you a bit of a, a breakdown of the roots of the ukrainian conflict, but also analyze the chain of events that ultimately

mccarthy just got 203 in 2 rounds and fewer than democrat kim jefferies and that gop controlled chamber during kron. 4 news at 3 o'clock. today i spoke with bay area congressman john garamendi about what he believes is happening on the republican side of the house. and if it can be resolved. >> the republican party's in total chaos. it's really they're going to have to make the congress, but they simply are unable to do it at least now. and i think they're going to be able to do it for most of this next 2 years. they have a faction of their party. that is absolutely in arrested and disruption and it's a significant number. 21 right now. so we'll see what takes place. we've got a lot of things we need to do. >> electing a speaker is the first step and fully forming the house without at the chamber. cannot name committee chairs, engaging for launch investigations. so again, mccarthy failed in 3 rounds. there's a lot of negotiating going on on capitol hill right now. some jogging around to see who could become speaker of the house resume again tomorrow. live in the newsroom. i'm justine wa

right republicans, the 435 that the body cannot start its business until succeeds. jeffery, ours foreman is a professor of political science at bard college, berlin. that's a private german american university. thanks for joining us, boris. can i ask you, kevin mccarthy has now lost 11 votes. isn't it time to give up? and how can this stand of possibly be resolved? i mean, yeah, you would think, 11 times sounds like a lot of ballots, especially since nothing much has been moving in terms of numbers. kevin, mark mccarthy, certainly clinging onto his well to the decision to become the of the house leader . i think one of the reasons why this is going on is also that there are no real alternative. i mean, the, what the person that has been discussed, he's can lease, for example, from louisiana represented from louisiana with representative more of the mainstream. the republican has been dispute with the hard liners. on the other hand, jordan, which has been suggested by the right is a problematic figure for some of the more moderates republic. i'm so it's difficult to see a way out really a

well, i was actually speaking with the author of those tweets jeffery young. he joined us a bit earlier in the program. he explained why he thinks the head of nato is complicit in war crimes in ukraine. you also conveyed his views about us involvement in this conflict. this propaganda since february of 2022 until today, is the worst. pro war propaganda i've ever experienced in my whole life and 66 years old. so i think that my tardy democratic party and the republican party are all victims of systematic anti russian propaganda over a period of decades. and i blame mainly that propaganda for the way that my party members in washington vote for continued nova cherry assistance to the public government and ukraine simply look at the statements made by us government officials over the years saying that, you know, our main objective must be too weak in russia, we can marry economy creat regime change in moscow. so it's, it's quite open. it's not even a secret in the west. those have been the goals for many, many years. and what's happening is that the united states

standards which are more or less around 20 grades for the living rooms, which is much too much architect jeffery fun. was it started a slow heat project 3 years ago in an effort to save energy and protect the climate? i not eating the whole house, but use energy locally with energy prices skyrocketing since the war in ukraine. it suddenly received international attention. the id is that confort is not determined only by the temperature of the her come 40 to their mind by metabolism, insulation, bringing the codes by the temperature of surfaces next to the projects in the infrared, towards the body, and so many parameters to determine to come forth not only the temperature for her, so yes, we stay comfortable with at lower temper or more participants said has saved up to half of their energy bills. we are a lot of people who are paying double triple the price that the paid before for us . it doesn't, it doesn't change anything. we are paying the same thing as a 30 or bit cold and we are bit caller, but that's not the problem for residential heating, contributes around one 3rd of greenhouse gas em

provide more weapons in response to that us democratic party candidate for governor and kentucky. jeffery young. he said that mister stall, the book should face 30 years behind bars for helping to fuel the conflict. it may sound like a paradox, but military support for ukraine is the fastest way to peace. if any arctic it makes no sense at all. the fastest path to peace at this point would be for the western united states, nato, the building to stop sending anything to ukraine except humanitarian aid for the civilians who have been displaced not send any more weapons, any more money. every us president from 945 till the present day has been an aggressor and a war. criminal nato is now under the direction of the united state. and mr. stoughton berg was chosen in order to support us imperialism to the camera. so he's a war criminal to specifically, and your grade. ah, well, after months of violence, the m 23 minute and group may soon withdraw from parts of the democratic republic of congo starting thursday. that's according to officials of the east african community organization. 723 is all

people like jeffery gundlach believes in the generation of bonds. why are they down? >> it's a trend. let it work itself out we're getting pretty bullish on emerging market bonds. i'd play it with etf it's starting to turn. the trend's going to change on the bonds, and i think bonds are going to be a great buy in 2023. they're not there yet. >> i've got to know what kind of museum you bought -- or you're opening. we don't have time to talk about it now vance howard, always great to have you on. talk to you soon. >>> microsoft reportedly readying a resurge rebd.an that story and much more when w.e.x. returns stay with us >>> welcome back to "worldwide exchange." shares of general electric is slightly lower the spin-off begins trading today under the ticker gehc. the industrial giant will result in three generating companies. executives are telling shareholders that ge's health care investor day will be doubling down on research, development, acquisitions, and the company's platform, all making spin-offs of $31 billion. joining me now is nicholas hayman nicholas, great

tom: an jefferies analyst saying it has awakened animal spirits in terms of the markets and their view on standard chartered. and in any event, we believe standard chartered has an embedded m&a, to your point, francine. let's bring in our just sonja marten, chief effects strategist at dz bank. good morning and thank you for joining us. is mark cudmore right in saying markets need to wake up to the fact that there is no weakness in the u.s. jobs market and resilience will continue? sonja: that has been the case recently, as mark said, the numbers beat estimates consistently for some time now. let's not forget the u.s. job market numbers are a lagging indicator. even if the u.s. still has a robust market now, that does not mean the economy is not heading towards weakness. we have to be careful we do not assume the strong job market does not mean the economy is a immune to slow down. if it surprises to the upside, especially if it is sick of can, it will give dollar a boost, and you should see yields rise. francine: does dollar strength in 2023? sonja: i don't actually think so. we had a

meanwhile, elon musk tweeted that he met with republican house speaker kevin mccarthy and hakeem jefferies on thursday to make sure the platform is fair to both parties. >> mccarthy, who just turned 58, wouldn't comment on what was just discussed other than to say musk came by to wish him a happy birthday. it focused on twitter and how it handled a story belonging to the u.s. president's son, hunter biden. they. >>> in the coming hours, california authorities will release recordings related to the attack on paul pelosi, husband of the former house speaker, nancy pelosi. materials include 9 i11 audio. >> paul pelosi was attacked by a man with a hammer. the suspect has pleaded not guilty to multiple state and federal charges. >>> ukraine is pressing the west for more weapons besides a promise to get advanced tanks. still ahead, we look at whether russian tanks have bolstered this for more military muscle. >>> a deadly raid in the west bank and fears of further violence are growing there. >>> plus, the pentagon announces a u.s. military operation targeting a senior isis leader live in johanne

jefferies says it doesn't matter what you do, but it has to be done in the service of people. to serve all of us so we can serve the american public. that commitment to succeed of those around you is what shaped his career and what will shape our joint future together. he knows success isn't about personal achievement. he is the leader who will be with you in the beginning, whether it's your bill in an important priority in your district, he will ride alongside you as you do the work and he will be there at the end to see you through. because he knows that our success means that we can raise the quality of life for our constituents, creating better jobs and building safer communities. he has guided every step of the way by his faith and his mom -- that his mom instilled in him. sunday mornings weren't always easy. the young man knew he wanted to be a lawyer would argue with his mom about going to church that day. but failure is a good teacher. he lost those arguments. now hakeem goes to church every weekend, sometimes that one where his church family is at cornerstone baptist,

a democrat on the floor of the house who supported hakeem jeffries and said i support hakeem jefferies from the people's republic of brooklyn. come on. this is what we're up against. we need to stick together. matt gaetz is a friend. we came in together. i hope he comes around and understands that never kevin is not a plan. not a good position for the republicans in the end. >> we shall see. thank you for your time. we appreciate it. >> thank you. >> mean, following months of mounting pressure to get a true firsthand look of the illegal immigration crisis, it looks like biden has relented confirming the, quote, intention to visit the southern border. this is news. >> a lot of people wondering what took so long. most illegal crossings, most known migrant deaths, most known got aways and fewest depo depordepor deportations ever. biden saying today he does intend to visit the border for the first time. >> are you going to go to the border when you go to mexico? >> that's my intention. >> it wasn't one month ago when biden declined to visit the border in arizona saying there were more impo

remember elon west showed in washington to meet with the house speaker kevin mccarthy and hakeem jefferis

confusion, almost fist fights on the floor, was that the democrats under the leadership of hakeem jefferies remain solidly solid. 212 votes every single time, and we have progressives and moderates and blue dogs and people from all places around the country obviously. >> all right. so who flipped? what concessions did speaker mccarthy make? and what happens next? >> to answer those questions, cnn washington correspondent sunlen serfaty joins us from capitol hill. a late night and early morning for all of us. for a while there it looked like mccarthy might not be able to pull this off. how did he finally get it done? >> that's right, alex. there certainly were many twists and turns over the course of the night. a historic moment in the end for kevin mccarthy after so much drama. 15 rounds of voting. he was able to become the next speaker in the end with 216 votes. now how did he get there? he was in the end able to flip those holdouts, those conservative voting block of house members that had consistently voted no. he was able to get them to vote present. that importantly because it lowers a

pick the republicans, for the normal committees that's how i would bow i know i'm in the minority, jefferiesompany get to make that decision, republicans should handpick who gets to be under regular committee not a select committee but a regular committee. >> intelligence viewed as a little different. i wanted to get to you we listen from the sound from adam schiff, i thought it was a flashback. when was this from recently as today, your thoughts to jason's point yet disappointed a lot of people with felt like he had the shooter was going to drop in may not feel like he belongs on the committee. it's interesting to watch it like the republican party and they're doing this out of thin air, they can thank nancy pelosi for this they started this war in their playing by their rules and they don't like being held to their own standards when it comes to their committees. i disagree to jason when it comes to the committee assignment what is being taken away as kevin mccarthy has said speaker mccarthy he's not say they can't survive any committee is a very specific committee the intel in foreign aff

history has done and as leaders mcconnell, schumer and jefferies have pledged to do. the president, they add, will under score that the economic security of all americans cannot be held hostage to force unpopular cuts on working families. treasury secretary janet yellen said they are using extraordinary measures until this moment and that the nation's debt limit must be raised by early june so certainly this could have huge ripple effects for the u.s. economy if the nation were to default on their debt. the president this week is planning to push some of his accomplishments from the past few years when he travels this week to promote the bipartisan infrastructure law that was signed just last year. the president will be making stops in baltimore and new york city to tout this law as he's also trying to promote many of his bipartisan achievements ahead of a possible re-election bid in 2024. arlette saenz, cnn, traveling with the president in wilmington, delaware. >>> the justice department says it's trying to meet demands for more information on classified documents fo

we also hear from one of my favorite smaller fi er financiaa company called jed jefferies the large banks reporting at the end of the week they got hit with downgrades, jeffries say all systems go, buy the big financials ahead of their earnings now, tuesday, brings us albertsons and this is a case of both inflation, how much have prices really gone up at the supermarket and what's the word on their attempted merger with kroger over the weekend, i wrote an essay called market power and inequality it was in the harvard law review this is one of the most anti merger thinking i've read. i spent a lot of times studying this stuff at harvard law. the most emphatic moment is when he talks about and i quote spectacular failures of anti trust with the poster boy being the previous merger of albertsons and safe way. a predecessor to the current kroger deal. back then albertsons sold over lapping locations to a smaller competitor that quickly went bankrupt then they brought back dozens of stores i think way too much of a hard liner but she's right to be angry. i know someone at kroger must have read

>> speaking of netflix, it's had quite a run, getting some momentum the sell side is catching up jefferies goes to buy. they're at $385. why aren't you more enthusiastic >> this is a two-pronged approach right now we're back at a critical level, $330 that's the level the stock sold off from, from the q12020 disastrous report. we're back to a level where pretty much every investors from the beginning of the pandemic through q1 of last year pretty much is now underwater has nothe opportunity to potentially get out at break even. you have a lot of overhead supply that can potentially start selling the stock. one, we're at a key technical level. the second thing is on a valuation perspective. we're trading at 31 times forward earnings only expecting 1% eps growth next year. those seem a little decoupled from reality if you look at what they have on deck in terms of growth opportunities, you have one which is password sharing which from my perspective is not likely going to deliver any long term value and the other is the ad-supported model that is in theory a lot of value, but i think from net

hassan jefferies.do, but it has to be done in the service of people. and that's how hakeem will lead. he's going to serve all of us so we can best serve the american public. that selflessness, that commitment to success of those around you is what shaped his career and what will shape our joint future together. he knows success isn't about personal achievement. he is the leader who will be with you in the beginning whether it's your bill and important priority in your district, he'll ride alongside you as you do the work and be there at the end to see you through. because he knows that our success means that we can raise the quality of life for our con stitt weapons creating better jobs and building safer communities. he has guided every step of the way by his faith and his mom -- that his mom instilled in him. sunday mornings were always easy in the jeffrey house. the young man who knew he wanted to be attorney would argue with his mom but failure is a good teacher. he lost those arguments and now hak

. >> now democrats officially have a new leader as well as house minority leader hakeem jefferies, theer to lead a party in congress. listen. >> out of many we are one. that's what makes america a great country. and no matter what kind of haters are trying to divide us, we're not going to let anyone take that away from us, not now, not ever. >> listen up. there's a history lesson. this isn't the first time in history the house has struggled to elect the speaker. it's taken multiple ballots on 15 different occasions since congress first met in 1789. most of them took place before the civil war. the last time though was a century ago when it took nine ballots for republican frederick gillett of massachusetts to be elected speaker in 1923. the parallels between then and now are in fact striking. opponents of the eventual winner angled for rule changes to give them more influence and more committee slots, that's sounding familiar. just as hard right republicans have done now. cnn's presidential historian joins me now. he is the former director of the nixon presidential library. is there an

confusion, almost fist fights on the floor was that the democrats under the leadership of hakeem jefferies remained solidly solid. 212 votes every single time and we have progressives and moderates and blue dogs and people from all places around the country, obviously. >> so who flipped? what concessions did speaker mccarthy make? and what are the implications of that? also, what happens next? >> cnn washington correspondent sunland serfaty. this was a four, five day brutal slog for kevin mccarthy. how did he get along the finish line? >> reporter: that's right. historic, brutal, chaotic, dramatic. all of that for what happened all week and unfolded last night. as you noted, 15 rounds in the end of voting to get kevin mccarthy over the finish line. he reached the magic number that he needed at that vote around 216 votes. now how he got there was he was able in the end to convince those conservative holdouts who had been holding out and voting against him for 14 rounds previously, he convinced them to change their vote to present in the end. you're seeing all of those six holdouts now inclu

tonight he's joined by income house minority leader hakeem jefferys. >> happy new year to you. >> happy new year to you, my friend. >> absolutely. i want to welcome everybody to "the beat," and i wish you a happy new year as well on our first show of 2023. so, thank you for starting the new year with us. now, we are already tracking new developments tonight. i have a special report coming up about the pressure on d.o.j. to act on the evidence that is in that lengthy january 6th report which dropped heading into the holiday period. while our stop story is the election eve, of sorts, in washington. democrats expanding their power in the senate and republicans taking over the house where the faces of each caucus leader here actually reveal a lot about the state of these parties. hakeem jeffries replacing nancy pelosi with a show of democratic unity, while republican kevin mccarthy is in the fight of his career as his own close allies now find it hard to see a path for him to win tomorrow. mccarthy facing down reporters today and predicting that when it's all said and done tomorrow, it will