it had flooded a forest and it was cool and it was nice - much nicer than 100 degrees today >>> jim scotte palliantologist on the site. >> these fossils are 180 years old. there's a lot of cold water clams. on the right is a gooey duck and washington clams - we have them off the coast of california, but further north. the presence of these cold-water clams tells us that we had much cooler waters 300,000 years ago. we are getting amazing things from this shaft. >> reporter: that subway shaft is across the street from the la brea tar pits, the richest ice-age fossil site in the world. a little over a century ago this was an asphalt mine until a shocking discovery was made around where i was standing - thousands and thousands of prehistoric bones, pallian tollogical gold, and they are still taking them out today. >> we have been taking fossils out of the ground, collecting the big bones, small creatures, insects, rodents and plants. >> reporter: john is the chief curator at the museum. >> this is telling us about what the environment was like when los angeles was in the peak of the ice aim.

it had flooded a forest and it was cool and it was nice - much nicer than 100 degrees today >>> jim scotte palliantologist on the site. >> these fossils are 180 years old. there's a lot of cold water clams. on the right is a gooey duck and washington clams - we have them off the coast of california, but further north. the presence of these cold-water clams tells us that we had much cooler waters 300,000 years ago. we are getting amazing things from this shaft. >> reporter: that subway shaft is across the street from the la brea tar pits, the richest ice-age fossil site in the world. a little over a century ago this was an asphalt mine until a shocking discovery was made around where i was standing - thousands and thousands of prehistoric bones, pallian tollogical gold, and they are still taking them out today. >> we have been taking fossils out of the ground, collecting the big bones, small creatures, insects, rodents and plants. >> reporter: john is the chief curator at the museum. >> this is telling us about what the environment was like when los angeles was in the peak of the ice aim.

jim. >> reporter: well, scott, the recall is for this remote key and lock combination.s for the camaro, and g.m. warns that a driver's knee could bump the key and move it out of the run position. the car could lose power steering, power brakes, and the airbags might not deploy. the problem is tblaimed for three accidents that resulted in four minor injuries. g.m. says the camaro ignition system is not defective and unrelated to the recall of 2.6 million chevrolet cobalts and other cars for a defect that led to the deaths of at least 13 people. now, g.m. is going to exchange this key combination for one more like this in which the key and the fob can be separated. >> pelley: and g.m.'s c.e.o. mary barra is going to be back testifying before congress. >> reporter: she can expect to be grilled for why g.m. took more than a decade to issue those recall orders on the cobalt. >> pelley: jim, thanks very much. and we have posted a lis of all of the millions of vehicles that g.m. is recalling on cbsnews.com. severe storms are in the forecast tomorrow in parts of nebrask akansas

jim lowell, good to see you. scott, we'll come back after the break for s&p futures close. thanks so much. thanks, twice. david: epa as you probably know asking power plants to cut carbon emissions by 30% by 2030. debate on economic impact kicking high gear. white house says there will be billions in benefits but of course others predict billions in costs, not surprisingly from the energy field. in a fox business exclusive we'll talk with senate minority leader mitch mcconnell. he is from a state that cares a lot about energy usage about the republicans response to the new plan. liz: famed investors, we were saying jimmy rogers has been bearish on one particular country for 46 years. so when he says guess what, i'm changing my tune and now buying bullishly, where in the world is that? jim rogers joins us in a fox business exclusive to tell us where. david: also bfw heating up the green car wars with its new i 8. this is a hybrid. not exclusively electric but goes pretty far in that direction. analysts are calling it a big threat to the high-end tesla. we take you from zero

i'm david faber with jim cramer and scott wapner live from the new york stock exchange. carl quintanilla has the day off. futures after we did get that non-farm payrolls number in may growing by 217,000. that was about in line with expectations. you can see the market is responding positively. how about the ten-year. wasn't that long ago we were back to 2.4 but we have been rallying a bit at least or i should say yeah, the price has been selling off. the yield has been going up. there we are at 2.546. how are we doing in europe is always a question, of course. largely in the green. let's get to our road map this morning. and it does start as you might expect with the may jobs report as we mentioned. 217,000 jobs added. the unemployment rate holding steady at 6.3%. >> david, ups announcing ceo david abeny will be elevated to ceo succeeding scott day retiring after leaving the company since 2008. we will talk to both of them live later on. >> the news maker interviews don't stop there. we will speak with the soon-to-be stepping down ford ceo alan mulally about how he is ha

senator scott was appointed by governor nicky haley after jim demint resigned from the senate to take a spot at the heritage foundation. the first statewide election for scott, one of two african-american senators and only black republican senator. now stay with us for more on eric cantor's unexpected loss straight ahead. you can hide uneven skin tone from here. and here. but what about here? [ female announcer ] neutrogena® visibly even daily moisturizer with a clinically proven soy complex. it diminishes the look of dark spots in 4 short weeks. and just like that your skin will look radiant and more even. even from here. [ female announcer ] visibly even moisturizer and new bb cream. from neutrogena®. >> you are looking there at brand new footage of pro immigration reform activists that were chanting tonight at eric cantor's headquarters. quite a scene. back with me to discuss my guests. welcome to all of you. crystal, that scene there a little unexpected. we don't know exactly when those protesters decided to step up. but eric cantor, losing arguably in part because at one time he

i'm david faber with jim cramer and scott wapner live from the new york stock exchange.f. futures after we did get that non-farm payrolls number in may growing by 217,000. that was about in line with expectations. you can see the market is responding positively. how about the ten-year. wasn't that long ago we were back to 2.4 but we have been rallying a bit at least or i should say yeah, the price has been selling off.

senator scott was appointed by governor nicky haley after jim demint resigned from the senate to takehe heritage foundation. the first statewide election for scott, one of two african-american senators and only black republican senator. now stay with us for more on eric cantor's unexpected loss straight ahead. cut! [bell rings] this...is jane. her long day on set starts with shoulder pain... ...and a choice take 6 tylenol in a day which is 2 aleve for... ...all day relief. hmm. [bell ring] "roll sound!" "action!" >> you are looking there at brand new footage of pro immigration reform activists that were chanting tonight at eric cantor's headquarters. quite a scene. back with me to discuss my guests. welcome to all of you. crystal, that scene there a little unexpected. we don't know exactly when those protesters decided to step up. but eric cantor, losing arguably in part because at one time he had been perceived as too aligned with dream act reform. >> right. i don't know if they realized in advance, probably they thought eric cantor was going to win. planned to be there to confront h

. >>> good morning, and welcome to "squawk on the street," scott walker with jim cramer, carl's on assignment, david is off. >> we are here. >> we are here. we are not going anywhere. >> let's get that straight right up front. >> like the futures not going anywhere yet, but we know there's a fed meeting today. we are watching what the stocks are doing in premarket, implied open higher across the board. the ten-year yield, the note there, it's a big fed day, and there it is. yields falling today, jim and i have more on that. as for europe. let's look at what's happening overseas, mostly green picture. except for -- well, italy's red, but the rest is good. road map starts with fedex delivering the fiscal fourth quarter, shares higher in the premarket. the shipper forecasting better results next year. ready, set, fed concluding the two-day meeting. what does that signal about growth and possible rate hikes? seeing the forest through the trees? amazon expected to unvail a new smart phone at a media event later today, but likely has nothing to do with talking. fedex, 246 a share, beat estimates by

senator scott was appointed by governor nicky haley after jim demint resigned from the senate to takedation. the first statewide election for scott, one of two african-american senators and only black republican senator. now stay with us for more on eric cantor's unexpected loss straight ahead. i'd do anything to keep this guy happy and healthy. that's why i'm so excited about these new milk-bone brushing chews. whoa, i'm not the only one. it's a brilliant new way to take care of his teeth. clinically proven as effective as brushing. ok, here you go. have you ever seen a dog brush his own teeth? the twist and nub design cleans all the way down to the gum line, even reaching the back teeth. they taste like a treat, but they clean like a toothbrush. nothing says you care like a milk-bone brushing chew. [ barks ] still running in the morning? yeah. getting your vegetables every day? when i can. [ bop ] [ male announcer ] could've had a v8. two full servings of vegetables for only 50 delicious calories. >> you are looking there at brand new footage of pro immigration reform activists that

scott wiener and eric mar. want to thank the members of sfgov-tv covering this meeting jim smith and jonathan gum wall as well asmadam clerk do we have any announcements? >> yes, mr. chair. [speaker not understood] dock youthtionv to be included as part of the file sd

joining us is retired major jim gantt and ann scott tyson, the author of a new book. interesting. jim, awarded silver medal, called larns of afghanistan by general petraeus, received joint service commendation medal. you were highly decorated, respected, but then some say this fall from grace erases that. what do you say to them? >> i say that i left everything i had on the battlefield. it was an honor to serve my country. it was an honor to be in the special forces regiment and an absolute honor to lead men in combat. and i did the very best that i could. i left everything i had on the battlefield over there. >> some rules broken? >> absolutely. >> people took issue with. >> and i find so fascinating, and the book is a fascinating read. why did you feel the need to tell the story? one area that needs to be talked about is this one tribe at a time. you talk about jim's plan, which was really to ingratiate special forces into local tribes, small groups of special forces soldiers to wear the traditional garb, to become family with these folks. you write in this book, af

scott wiener and eric mar. want to thank the members of sfgov-tv covering this meeting jim smith and jonathan gum wall as well as the clerk of the committee linda wong. madam clerk do we have any announcements? >> yes, mr. chair. [speaker not understood] dock youthtionv to be included as part of the file should be submitted to the clerk. items acted upon today will appear on the june 24th board of supervisors unless otherwise stated. >> okay, thank you, madam clerk. so, colleagues, members of the public, today we start the core of our budget season where the mayor will propose the to allow for adequate time for [speaker not understood]. for members of the public that are interested, you can find out which city department is presenting by going to a budget hearing schedule on the board's budget website at www.bos.org back slash budget. [speaker not understood]. public comment [speaker not understood] will take place this friday, june 2g, starting at 10:00 a.m. right here in the board chambers and public comment this year also we've a added an additional layer by advising the board of supervisors website at www.bo

scott wiener and eric mar. want to thank the members of sfgov-tv covering this meeting jim smith and jonathan gum wall as well as the clerk of

scott wiener and eric mar. want to thank the members of sfgov-tv covering this meeting jim smith and jonathan gum wall as well asthe committee linda wong. madam clerk do we have any announcements? >> yes, mr. chair. [speaker not understood] dock youthtionv to be included as part of the file should be submitted to the clerk. items acted upon today will appear on the june 24th board of supervisors unless otherwise stated.

jim axelrod, cbs news, frederic, wisconsin. >> dubois: and that is the cbs evening news for tonight. for scott pelley, i'm maurice dubois.ining us. good night. captioning sponsored by cbs captioned by media access group at wgbh access.wgbh.org but a proposed new east bay development has some people asking -- what for? >> new shop, new grocery stores, spanning 2 5 acres. proposed new east bay development. some people asking what's for. >> i'm ken bastida. proposed development is about three miles northeast to downtown walnut creek. it is massive. kpix ryan shows us it rivals the size of the city's downtown. >> reporter: this intersection in oak grove road is one entrance to walnut creek. >> somebody must be using its as a dump. >> reporter: safeway owns the land. squirrels are the only ones using the area. a 25-acre space with a huge shopping center. park, fitness club and senior living community. 25acres. it's about the size of walnut creek's downtown. many working nearby love the new design. >> right now i think everyone is expedited -- excited about it. >> reporter: some neighbors worry about the added traffic and say

. >>> good morning, and welcome to "squawk on the street," scott walker with jim cramer, carl's on assignmentf. >> we are here. >> we are here. we are not going anywhere. >> let's get that straight right up front. >> like the futures not going anywhere yet, but we know there's a fed meeting today. we are watching what the stocks are doing in premarket, implied open higher across the board. the ten-year yield, the note there, i

jim demint been. we didn't have rand paul and mike lee and ted cruz and marco rubio and all of these wonderful governors. mike pence and scott walker. we didn't have all of them. we didn't have talk we are. we didn't have cable television. we didn't have the internet. we have so much going for us now that we didn't have but we persevered and conservatives, we are close to prevailing. so i think in 2016, conservatives, if you remember, it's the primaries, stupid. if we do that we can score big victories in 2014, 2016. we can nominate and elect a principled limit government, constitutional conservative to be the republican nominee, and elect that person in november and the governing america by 2017. so in order to chart the future, we've got to understand the past as i said earlier. so this is a cliff notes version of my book, drinking. read the book, understand the problems, where we been -- my book, tranten. we have a website called conservatives hq.com that is focused entirely on building and relaunching the conservative movement. so thank you very much. appreciate you being here today. [applause] >> we will be glad to reco

scotts turf builder lawn food. feed your lawn. feed it! frnltsz with me general jimes, obama's first national security adviser, house intelligence chairman mike rogers and nicholas burns, former undersecretary of state and current harvard university professor. so you all know what the story is. it does seem to me that we had a clash of mottos. the u.s. doesn't negotiate with terrorists, leave no man behind. >> obviously we should be happy for the family. they've gotten their loved one back. that's very, very important. the methodology and what we used is very troublesome. remember -- >> by methodology you mean -- >> negotiating with terrorists. remember this is an individual held by a terrorist group in another country, pakistan. we know that to be true. across northern africa, the number one way that al qaeda raises money is by ransom, kidnapping and ransom. we have now set a price. so we have a changing footprint in afghanistan which would put our soldiers at risk for this notion that, if i can get one, i can get five taliban released. the problem is the way we're

scott. yeah, we have seen bonds bottom out, maybe, at 2.4%. now they're moving back up. jimhicago. so, guys, do you think we've seen a bottom here in the 10-year? jeff? >> well, bertha, i don't think we have seen the bottom. it's a nice technical bounce off the 240 level. but here in chicago, we're focused on this, d-day. it's a binary outcome. either he disappoints the markets or delivers more stim s stimuse. and eaither scenario means yiels are lower. >> what do you think, jim? >> i think 2.4 was the low for now. seemed to be the perfect store. a tremendous amount of shorts. however, the trend for lower rates is not quite broken yet. i want to see a 2.62 trade in the 10-year yield and a 1.85 in the french 10-year to convince me to put money on rates going high per. >>> the french, of course. >> you always need the french, right? >> exactly. well, that's what makes the market. talk about that at the top of the hour. and joining us is one of the queens of technical analysis, louise yamada, and she's going to look at the s&p. whether the charts are telg us the record runs hav

. >> jim, i have a question for you. we had scottr today. he said he thinks we're in a period where strategic buyers have a leg up. they don't have a lot of great bargains, not because the market is so overpriced, but he thinks strategic partners have a much better time. >> i think you have to merge strategic partners with private equity. they buy jones. now express used to be private equity, can come back. if you can do all these things together, i think you really are a true visionary. david faber has a bunch of guys we talk about, kind of merge the two and we're able to put together some powerhouses. watch sycamore. i think they may be the one that is on to the mob. >> happy full moon friday the 13th. i s i saw that as soon as i got up and i thought wow, what a combo. >> the last time that happened was at my wedding. >> one of the great parties ever. >> it was. >> and a lot of smoking. mark haines and karen cramer almost had me smoking, but i held back. >> i might have inhaled that night. >> anyway -- >> and you weren't even in co

jim's not so sure. he wrote, this is not 1973. all technical communication exists somewhere, it's just a matter of where. scott, someone on the other end may have a, quote, smoking gun. this ain't over yet. thanks for sharing. that's it for us here in washington. "fox news sunday" is up next. i'm shannon bream. thank you so much for watching fox, where more news is always on the way. don't forget, the 9:00 p.m. special tonight on iraq hosted by chris wallace. >>> i'm chris wallace. house speaker john boehner charges president obama with abusing his executive power and plans to sue him. >> i believe the president is not faithfully executing the laws of our country. >> they're not doing anything, and then they're mad that i'm doing something. >> how strong is the case against the president? and with the supreme court ruling against some of his recess appointments, is mr. obama guilty of presidential overreach? we'll talk with two house leaders, bobbed goodlatte and xavier. >>> then, a suspect in the benghazi terror attack is now

jim axelrod in new york. thanks for joining us and good night. captioning sponsored by cbs captioned by media access group at wgbh access.wgbh.org >> ♪ [laughter] >> butterflies always make me think of alex. >> alex scottus from the beginning. >> she was funny and smart, so cute with that high pitched voice. >> i feel good. >> you feel good. >> and i feel bad sometimes. >> doctors looked her over and she was sick. >> that told us she had a tumor wrapped arod her spine. >> and that's when i just fell apart. >> when life gives you lemons, make lemonade. >> she started asking about having a lemonade stand. >> she want d to help other kids with cancer. >> she said i'm not keeping the money, i'm giving to it my hospital. >> please come to my lemonade stand. >> there was traffic in our front yard, down the whole street. >> lemonade. >> they were amazed.

jim. bon voyage. dean reynolds, cbs news, xenia, ohio. >> dubois: and that is the "cbs evening news." coming up tonight at 10:00, 9:00 central, a special monday edition of "48 hours." for scotty, thanks for watching. good night. >> live from the cbs bay area studios. this is kpix news. >> caught red-handed. the mayor texting. >> did she fess up? >> reporter: well, it depends what you mean by fessing up. now you might call jean qwan an at which time. now that's not a pejorative or negative. she was an at which time and that's texting while driving. >> here's why. sometimes you got caught. and sometimes it's very embarrassing. >> jean kwan? >> you caught her? >> reporter: well, someone caught her and sent it into our office. >> i'm at a loss for words. really. >> that's still not good. >> reporter: hello, is the mayor here? i sensed she wasn't there. a spokesperson later confirmed that yes, indeed, that was the mayor caught in the picture. >> you know whether a? i'm not surprised. i see a lot of officers texting and driving as well. >> reporter: well >> probably not the best behavior to exhibit as a leader of the community. >> is she an at which time? >> i might call her a twi

scott rigll, republican from the second district. >> thank you. >> trivia time, three of the last 10 virginia governors, jim gilmore, and john mcdonald's attorney general before they began their run for governor. congratulations to today's winner. ron boehmer. do you think it's a fake name? when sales rep steve hatfield books at laquinta.com, he gets a ready for you alert the second his room is ready. so he knows exactly when he can prep for his presentation. and when steve is perfectly prepped, ya know what he brings? and that's how you'll increase market share. any questions? can i get an "a", steve? yes! three a's! amazing sales! he brings his a-game! la quinta inns and suites is ready for you, so you'll be ready for business. the ready for you alert, only at laquinta.com! bulldog: i can't wait to get to imattress discounters because the tempur-pedic bonus event ends sunday. i'll have first pick from the huge selection of tempur-pedic mattresses. then, i'll get to choose $300 in pillows, sheets, and other free gifts. on top of that, up to 48 months interest-free financing. hurry! mattress discounters' tempur-pedic bonus event ends

"mad money," jim cramer will be with his reaction and his take on apple's shares and the company's reports. very special hour coming up. back to you, scotthalftime. >> great. can't wait for that. not so fast. our traders are quick but not ales right. joe terranova made a bullish trade recently. oddly enough i liked linkedin and facebook. >> that was back in february. >> it is. this is a realtime show. financials coming back to a high. facebook, i still like facebook over linkedin. that's what i said. this is realtime. what we're seeing in financials is very interesting. suntrust looks good. i still like facebook. >> we will go on until he admits he got this one wrong. >> i like facebook better than i liked linked in, i think i said that at the time and i think the quart shows out and think facebook will have a high in the next six months. >> let's call the financials out as we called joe out. there they go. >> from where we were before we're seeing a nice turn around. >> regionals and insurance companies? there was a column about they're large caps, paying dividends, why aren't they going up with the rest of the large cap dividends? >> w

i'm david faber with scott wapner and sara eisen from the new york stock exchange. carl has the day off, jimn assignment. futures after yesterday's sell-off, a rare one, at least of late. but you can see we are looking at perhaps a slightly down open. although let's just call it more or less not much direction at this point. as for that ten-year note yield, take a look. we're -- we've been hanging around these levels most of this week. you can see moving up a bit, though, of course, after hitting 2.44 not that long ago, 2.40 not that long ago. still less money if you give your money to spain for ten years or france and not much more if you give it to italy. >> the turning report the jobs report last friday. since then we saw treasuries sell off, yields go up. this morning the data not too hot. >> let's give a look at oil prices rising concerns about unrest in iraq. perhaps the idea that the islamists are as much as only 70 miles outside of baghdad, a scary situation developing there but having an impact as you see on crude prices. to our road map here back in the states with the markets, tha

i'm david faber with scott wapner and sara eisen from the new york stock exchange. carl has the day off, jimsterday's sell-off, a rare one, at least of late. but you can see we are looking at perhaps a slightly down open. although let's just call it more or less not much direction at this point. as for that ten-year note yield, take a look. we're -- we've been

scott, thank you so much for joining us. hope to see you again soon. >> thank you. >>> when we come back, jim cramer tells us what to watch nexter ] if you can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now at your authorized mercedes-benz dealer. hurry, before this opportunity cools off. ♪ just take a closer look. it works how you want to work. with a fidelity investment professional... or managing your investments on your own. helping you find new ways to plan for retirement. and save on taxes where you can. so you can invest in the life that you want today. tap into the full power of your fidelity greenline. call or come in today for a free one-on-one review. >>> welcome back. let's get down to the new york stock exchange where jim cramer joins us now. what do you think of the family dollar situation? we had earnings, and would you ever buy american apparel given this whole weird story about its ceo leaving and who knows what's going on? >> penny stock. no. don't really care to wear their stuff, lasts for at least two washes. both of these are really

jim cramer's guest tonight on "mad money" beginning here cnbc 6:00 p.m. eastern so we'll want to tune into that and see how this tax season went. kelly, scottback over to you guys. >> dom, thanks very much. meanwhile, the u.s. budget deficit improving. that's not unrelated, but here's a look at what's happening in the markets. we've had an upswing to new highs but new data showing investors are holding 40% of their assets in cash. >> for more on what it will take to get individual investors to trust the market again even though we continue to trade near all-time highs, joined exclusively today by vanguard founder and cnbc first 25er jack bogle. always great to talk to you. welcome back to "closing bell." >> scott, thank you for that nice introduction. >> why are people holding so much cash, jack? >> well, first, i'm extremely dubious about the 40% figure, but let me just see -- >> what do you think it's closer to then? >> probably 20% maybe. >> huh. >> i mean, i don't know whether the individual sample includes institutions, but usually when people talk about cash on the sidelines, and this is really an important point, scott, let me say i