jon?spunt at the white house, thank you. >> reporter: you bet. jon: former president trump telling gop donors that he thinks republicans can win back the house, senate and white house in 2024. but he also reportedly used some really rough language while taking aim at two well known republicans including his former vice president. jacqui heinrich has more from washington. >> reporter: the remarks focused on positioning republicans to win back the majority in 2022, but former president trump reportedly spent several minutes tearing into senate minority leader mitch mcconnell and former vice president mike pence for accepting the results of the electoral college and certifying president bidenen's win. according to reports, trump referred to mcconnell with an exme ty, calling him a stone cold loser saying a real leader would not have accepted the results. he also mocked mcconnell's wife for resigning her cabinet post after the insurrection. the bad blood comes as a number of incumbents are see

jon. jon: griff jenkins, thank you.ring in louisiana congressman mike johnson, a member of the house judiciary committee. some republicans are publicly and i even guess privately rejoicing that the democrats are pushing the court packing idea and they think it will backfire badly so what is your take? >> i think it will backfire. i think the american people are widely opposed to this idea because they recognize what it would do. it would politicize permanently the third branch of government and we need an independent judiciary and the founding fathers said and set it up that way and said why it was so important that you can a politics governing this. imagine the chaos that would ensue if these profound constitutional questions are changed with every election cycle. that is what would happen to each success is president would then add justices according to their own party and it would go on end. we cannot do this pretty i love what the packaging included that 1937 with fdr, people forget it was the democrats who had supe

jon: they are probably mid table. the beauty of ac milan, we have not been a regular feature in european football for 10 years. tom: exactly. it's bizarre. we will cover this throughout the morning. we have a guest here that -- jon: i am shocked that you talked about the bond market this morning. you want to talk about the hsbc forecast? futures negative seven. this is how we set up this money. down around .2%. nasdaq futures coming in .1%. we show the bond market this morning. it is a confusion this morning. futures down .6%. all-time high at a close on friday. lisa: we do see yields headed lower, 1.50 5% on the 10 year earlier. interesting that we have this pressure in yields, price up, you'll down, even though it seems like the reflation trade is gaining theme. here is the deal. i'm not going to pretend i know anything about european football, yet this is a fascinating standpoint. uefa -- which jonathan ferro told me how to pronounce today -- the football association was going to weigh in on whether these clubs wou

jon: bloomberg real yield starts right now. america's economy delivering the boom you've been looking for. treasuries slipping the other way and yields heading lower as the core defense sticks to script. the treasury bid returning. >> the economic data from march is almost breathtaking. >> a good retail sales report. jon: actual numbers -- >> actual numbers coming in stronger. >> there is this distinction between forecasters, economists, and market positioning. >> markets are not right for much stronger near-term data. >> yields on the 10 year treasury actually falling. >> we are down about 20 basis points on the 10 year. >> that is a huge head scratcher. >> bond market positioning and pricing. >> it is harder to shock the bond market into a selloff. >> there was the expectation for the number to come through quite strongly. >> much more of the trade-off between positive growth and a dove is federal reserve. >> we are starting to see demand from foreign investors. >> we need to see a lower 10 year yield. >> jon: what an interes

jon. jon: laura ingle. laura, thank you.cue crews find debris believed to be from an indonesian submarine that disappeared three days ago. the latest on the search efforts, next. did you know you can go to libertymutual.com to customizes your car insurance so you only pay for what you need? really? i didn't-- aah! ok. i'm on vibrate. aaah! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ i'm not hungry! you're having one more bite! no! one more bite! ♪ kraft. for the win win. trelegy for copd. ♪ birds flyin' high you know how i feel ♪ ♪ breeze drifting on by you know how i feel ♪ [man: coughing] ♪ it's a new dawn, it's a new day... ♪ no matter how you got copd it's time to make a stand. ♪ ...and i'm feelin' good ♪ start a new day with trelegy. no once-daily copd medicine has the power to treat copd in as many ways as trelegy. with three medicines in one inhaler, trelegy helps people breathe easier and improves lung function. it also helps prevent future flare-ups. trelegy won't replace a rescue inhaler for

jon? jon: griff jenkins, thank you.he mayor of portland are, oregon, a democrat, asking the public to help identify members of a so-called anarchist mob blamed for months of rioting that has left that city on edge. mayor ted wheeler extending a state of emergency through monday while encouraging police to use all legal strategies to curb the violence. chris even that doleman -- christina coleman is following this for us from los angeles. >> reporter: democrat mayor wheeler strongly opposed to former president trump sending in federal agents to help stop the destruction and violence wreaking havoc in portland. the mayor even stood with protesters and regented federal support during a riot last summer. now portland has seen an uptick in the unrest, the it's ramped up. so now wheeler is asking people in the community to help identify members of what he calls a self-described anarchist mob that is seeking to sow chaos. >> we must stand together as a community against this ongoing criminal intimidation and violence. i also w

jon: no idea where it came from either -- by that statistic. jon: no idea where it came from. market had a little bit of reaction to say the least. tom: i know the cardinals last last night -- lost last night. jon: i'm here for the valuations, time. keep going. [laughter] tom: good morning in st. louis this morning. marty schenker is the only one in the room who also listens to camo ask as a kid -- to kmox. on the ionosphere and all of that. mark crumpton was listening to that. martin, let's get to inflation and the politics of it. this come. that's comes down to in the political economy is the distribution of a boom economy. do you assume that you are -- with all you are taking in from bloomberg that there will be inequality here and that this is a boom economy that will only help the haves? martin: there's a real effort to make sure certainly at the fed that a recovery does capture the least fortunate in our society, which is what is driving this whole notion of the fed staying easy for longer. the interest-rate environment is critical for this policy to go forward, because

jon: totally. -- aren't we? jon: totally. why we are not going to have a conversation on raising balance sheets. sarah: i think next week's meeting will be very quiet, and nonevents. i don't think we will get any change in town at all coming from the fed. as much as chair powell will be pressed in his press conference. i think in every mute fed meeting is important but some so more than others. this is not one of them. jon: let's talk about the compositional story that i think we will spend a lot of time on over the next couple months. what will the wage picture look like with that in mind? sarah: i think the wage picture is firming faster than people expected. we are down about 8.5 million jobs relative to where we were before covid, but there are pockets that are struggling for workers right now. we are already seeing wage growth. look at what has happened with the eci in terms of manufacturing, in terms of transportation, construction. we get eci data next week for the first quarter and i think that will show we are seeing

jon. jon: lucas tomlinson. lucas, thank you. more on our top stories begin with growing crisis at the southern border republican lawmakers questioning roll back of trump era border policies calling on president biden to restart border wall construction. joining us now kansas senator roger march whocial visited the border last month -- senator, thanks for being with us this evening. what did you see when you were there? j well jon it is a crisis. it is a humanitarian crisis it is healthy crisis -- it is a national security crisis. we've done humanitarian mission trips across the entire world and this reminds me of a third world country where our doctors and nurses are border guard is overwhelmed by mass number of people, even compared to when this was at its worst three years ago i would imagine it is four to five times more crowded conditions are, are horrible right now. and you know this all goes back to president biden reversing president trump policies and almost immediately upon president biden inauguration, mexico stopped c

jon. jon: steve harrigan from atlanta. steve, thank you. >> as washington and the nation mourn officer william evans who was killed in yesterday's attack at the u.s. capitol we're learning more about the suspect shot and killed by police and team coverage mark meredith live at the white house with how the nation is honoring officer evans first ho to lucas tomlinson with the latest on the investigation into the attack, and the possible motive. ♪ ♪ reporter: jon attack took place on constitution avenue at this gate right behind me so far we've seeny crews making ahead of the capitol police say expect no major changes. >> capitol police as far as security posture remains in a steady state at this time. we are very thankful for our national guard, partnership we have major guard on the campus, but the security posture at this time remains the same. reporter: suspect 25-year-old noah greene ram his car into two officer slammed into a barricade next to the capitol he got out of the car and slashed one of the officers before shot

jon: christina coleman thank you.n capitol hill president biden 2.2 trillion dollars spending plan is facing criticism from both sides of the aisle many republicans a presidents proposed tax hikes would kill the economic recovery from the pandemic. meantime progressive democrats want even more spending packed in the bill. mark meredith live in the white house with more. >> president biden descending his easter weekend at camp david but here in washington officials are hitting airways trying to sell the country in congress on the $2 trillion spending bill that covers a lot of different ground including $600 billion that will go to transportation infrastructure money goes to housing, schools, facility upgrades, money for research development and a lot of money to improve the nation's power infrastructure. >> what our plan says let's keep the economy going and see more job creation that's a good thing for the economy but let's think the longer-term of worthy investments we could make that will really drive not just more

jon. jon: alex hogan in new york city.for more on this let's bring in charlie hurt fox news contributor and opinion editor for the washington times. interesting charlie, "the new york post" the "daily mail" and others point out the iron n i guess you could say of the black lives matter cofounder buying a 1.4 million dollar house and other properties in a mostly white neighborhood in a very, very nice enclave in the l.a. suburbs, and those stories get taken down -- why? >> it's kind of strange. and also you know, it sort of rounds kowngtder to whole concept of marxism rather than claimed concept of marxism the blm promotes but, of course, truth of the matter is, marxism this is exactly what marxism is you make lots of money, you buy exclusive property where you live i'm sure she locks her doors you probably put up -- you probably have -- gates and walls and things like that to protect you. but this is sort of, you know, par for the course. the real alarming thing here, though, to me is, this effort to silence people like ja

jon: how the story has changed. some people reach out to me and say, why do people speak so fast on "bloomberg surveillance"? the reason lisa spoke so quickly is if she leaves a gap of air, what you think tom does? he will start talking about football. [laughter] lisa: well done. jon: let's talk about the fear of inflation. >> can i speak slowly? jon: leave a gap, expect to get stamped all over. i was asking you about the irrational fear of inflation. not football. daniel: the cpa data came out and it was very interesting. inflation only went up .1%. putting aside all of the year over your data, which is meaningless, given the fact that prices fell so much during the pandemic, month over month data will be interesting. looking at core, we are seeing a considerable ability of goods to be imported from china and elsewhere without forcing prices up. that is because of the capacity of most countries. you look at the cost of freight containers, the shortage of freight containers because we are importing so much. the big

jon. >> i look at this.ompanies out necessarily, i mean look at gamestop but you look at ebay, it is now worth a quarter of shopify once seen as the ecommerce retail, perhaps number two to amazon, now not so much. i keep thinking back, carl, to when ebay kind of spun off, sold off gsi commerce the business was supposed to be arming smaller businesses and larger businesses, too, with ecommerce tools to compete against the big guys sounds a lot like shopify. it is a good idea. maybe they shouldn't have spun it off but innovated. >> we will see what jamie says on monday. to cramer's earlier point this morning, the degree to which they're willing to make the expense of investments in some peers to catch up. we'll hear more about that later. >>> in the meantime, once again the poster child of the first internet bubble is back on the block. julia bo julia boorstin is back to talk about this verizon story. >> no comment from verizon but a source close to the situation says they're giving up and in talks to sell the

jon batiste. hello, jon! >> jon: hello, stephen. >> stephen: congratulations!re. how does it feel? >> jon: oh, man, it's hard to put into words, and it's hard to conceive of it all. it was a great, great day. i'll say that. >> stephen: now, when they actually called out your category, atticus ross and trent wegner were also nominated for mank. did it take a second to figure out which movie had won? you were nominated for soul. did you know it first or did it take a second for it to sink in? >> it took a minute because there was music playing and the music started playing and the clap started happening, and i heard my name, but i wasn't sure, and then i saw the camera just go, boom. and that's when i was, like, oh, well, there we go, we won. >> stephen: so what did you do last night? >> oh, my goodness -- we had a lot of celebration. i got to chat, hang out with my man daniel kaluuya, congrats to danielle. >> stephen: yes. and her is incredible. and we all were there hanging out afterwards. and then we went to dinner with all of the team from pixar and trent and

he will be missed, jon he will be really missed. >> indeed.ceo adobe, thanks for being with us on "techcheck." >> thank you. >>> meantime, espn announcing new content in the streaming strategy the chairman jimmy pa itaro joi julia, after this break. en a term policy, for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized that we needed a way to supplement our income. if you have one hundred thousand dollars or more of life insurance you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit conventrydirect.com to find out if you policy qualifies. or call the number on your screen. coventry direct, redefining insurance. see yourself. welcome back to the mirror. and know you're not alone. because this is not just a mirror, it's an unstoppable community. come on jesse, one more! it's every workout. come on you two, let's go! for everyone. so join in now. and see your best self. in the mirror. ♪ ♪ - [narrator] if you're thinking about

jon batiste, everybody! thank you, jon!nniest people i have ever worked for, please welcome to "a late show," mr. dana carvey. hello, dana carvey! >> oh, there, we're getting a little seismic here. ( laughter ) let's just ride it through. >> stephen: yeah, surf the madness. >> hi, stephen, how are you? >> stephen: good. bringing the energy down. we've had enough fun, let's get into it. >> there's a pandemic out there, dammit! >> stephen: no laughter. it spread the aerosols. ( evie laughs ) dana, it's lovely to see you. i've got questions, you know i have questions, i'm a professional but i want to drink you in for a second here. it's just lovely to see you. how is your wife, how are you boys? everything good? >> everything is good. i mean, you know, i had pandemic brain a little early on, i don't know about you. >> stephen: did you get it? did you get the pandemic? >> no, i just got pandemic brain which you have a lot of the inconsequential conversations with your wife when your life slows down. i went to the gelson's today

jon batiste. jon. >> jon: hello, hello. >> stephen: are you heading out to l.a. next week?ou believe the oscars! >> stephen: i can, i can. but you have to go out there early because of quarantine, right? you have to go into covid quarantine before you go with the fancy people and doing the fancy things. >> jon: i'll be out there all week next week. i'll be saying hello from the other side of the country. >> stephen: when you do finally get to travel where is the first place you want to do to go? where in the world do you want to bug out to? >> jon: i want to go to new orleans first, visit the folks, echo the home base. i want to go somewhere far. like, when you went to new zealand, i want to go to new zealand-- yeah, somewhere way away because we couldn't do it for so long. >> stephen: right. i got to go to italy. i got to go to italy. go to any town, go to any restaurant, order anything in the restaurant, and it's the best thing you've ever had. >> jon: that's true. >> stephen: yeah. >> jon: what part of italy do you like best? >> stephen: oh, tuscany is fantastic. i know

jon batiste, everyone. thank you, jon. >> jon: absolutely.ing up in a week from sunday. for many people this will be the secretary year in a row you can't be with your mom for mother's day because of covid. which is fine, totally understand. no, she doesn't think could you see her if you really wanted to make the effort. so just blame everything on the pandemic because covid is also the reason you kbts dial a phone? every mom loves to get a mother's day card but all greetings cards had to start somewhere and the people who like them don't always nail it on the first try which is why tonight we've looking at earlie effort ntion our segment, first draft. of course i always need someone to help me do first drafts and here again gracing us with her presence is america's sweetheart, evie colbert. >> mark's sweetheart. >> stephen: are you my sweetheart. >> america's old-- . >> stephen: no, age cannot wither nor-- your infinite variety. >> thank you. >> stephen: honey. >> yeah. >> stephen: happy mother's day. >> i love the alcohol every time. >> ste

let's say hello to jon batiste. hello, jon. >> jon: whoa, did you hear gladys knight? no, i did not hear that. you know, the only thing i was paying attention to this weekend was the harry and meghan interview, and, the fact that you won a critic's choice award for the soundtrack, the score, you and atticus russ and, and-- >> jon: trent reznor, yeah. >> stephen: --trent reznor, for "soul." congratulations! you're racking them up. >> jon: man, it feels so amazing. we put so much into that film, and i'm just so happy. i don't even have the words to express how happy i am about that. it is amazing. >> stephen: well, evidently, a lot of other people are happy, too, because they want to tell you by giving you awards. ( laughter ) so, the happiness is spreading, jon, happiness is spreading. >> jon: yeah, yeah, you know. >> stephen: jon, do you have anything for international woman's day that might fit on your piano tonight? >> jon: yeah, you know, let me play a song for my mother! >> stephen: oh, beautiful. >> jon: this is our favorite mary j. blige song, "real love." ♪ ♪ ♪

jon batiste. hey, jon. how are you? >> jon: i'm good. i'm good.er get a song stuck in your head and nothing will do other than hearing that song over and over again? >> jon: oh, yes, it's a good feeling especially when it's a good song. >> stephen: i have recently rediscovered, because i was a huge fan when a young boy of sly and the family stone, and i'm getting music drunk on him right now. if you want me to stay -- >> jon: hey, yeah! ♪ if you want me to stay ♪ ♪ i will be around today ♪ ♪ to be available for you to see ♪ >> stephen: unbelievable. so incredible. ( laughter ) >> jon: you see how you do that run -- ♪ i'm about to go ♪ ♪ and then you will know ♪ ♪ to stay here ♪ ♪ i got to be me ♪ > > >> jon: oh, my goodness! my dad played me that record when i was in high school and i listened to it so many times i know every note. it's incredible, isn't it? >> stephen: yeah. there are so many great covers out there. prince did a cover of it with the new power generation. >> jon: where was that? >> stephen: i got it online because i went down the

jon, these guys have been put to the test all weekend long. earlier today we saw ranger teams show off their marksmen skills and between four station where is they used a pistol, rifle and shot oregon to shoot gun moving target bus you know jon it is not all about shooting these guys are putting their training to work in situations that mimic real life combat scenarios we saw that today as rangers teams responded to a downed chopper in the woods. they had a dummy that simulated

well, obviously, just -- just one part of the story this week, jon.hursday nights will be crazy this week. >> they will be. we'll be very busy and, guys, speaking of tesla in china, right huge cult following there, but fan dual thchina, wandering eyes visiting the shanghai auto show explains. >> reporter: carl, tesla come under fire in china recently with state media and the communist party calling the company arrogant so we followed two tesla owners at the ongoing shanghai auto show to see what might break their loyalty to their beloved car brand. xavier jeong and david are tesla fanatics cake to the show to see if any of the many tesla wannabes can stand up. >> do you like it? >> ah -- >> reporter: working in finance, the other in i.t john bot a model y dreams of upgrading to a tesla rose ter he loves his model so much he sleeps in it on theirlet, established carmaker the new 001. >> what do you think >> reminds me of a model three, he says, like that's the standard >> reporter: next stop, et-7 by new york listed neo. >> so i think low to ground. i

jon?> today's most important thing in tech, though, cloud and ai investing in mccaicrosoft $20 billion bid. microsoft second largest acquisition ever buying nuances, important step in expanding microsoft's presence in health care and cloud transformation moving from a consumer focus when it started deeper into industry where the competition is nuance to pave the way for deeper relation. s isn't cloud and ai even outside of health care the $16 billion number represents a 23% premium over friday's close if you don't include debt, $16 billion and you see impact on nuance stock this morning up about 17% more from our interview with satya nadella later in the hour, but, carl, this is exactly the kind of story that we are centered on here on "techcheck." the meaning behind it. you see nws in the cloud bigger than everybody else if you're microsoft, if you're google, if you're ibm, if you're oracle, how do you catch up? the game is not just top-line growth it's also profit if you're satya you're

jon?r fatal accident in focus, this one involving peloton, a warning issued in related to the treadmill, the ceo noting a small handful of children being injured beknead the tread-plus the cpsc said there had been 39 total incidents. it still remains if the sell-off will continue, if the valuations reflect increasing regulatory risk or not, guys. carl >>> in the meantime, jon, checking in osharn shares of vi. >>> next, who should be gamestop's next ceo? we'll get some of your ideas, when "techcheck" returns some say this is my greatest challenge ever. but i've seen centuries of this. with a companion that powers a digital world, traded with a touch. the gold standard, so to speak ;) so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down,

jon batiste. hello, jon! >> jon: hello, hello!he phone right now with the legendary herbie hancock. >> stephen: oh, my gosh! hello, herbie hancock. look at that. somebody wants to say congratulations, jon. >> jon congratulations, so happy for you! so proud of you! >> jon: oh, evie. we love you! ( laughter ) yes! >> oh, we're so proud of you, jon. it was fantastic. you were great. >> jon: oh, thank you. >> stephen: hey, jon, i don't want to interrupt your time with herbie. obviously, that takes priority. but i would rather talk to him than me. but, i never got to talk to you last night about what music you might have been inspired to play by your oscar win. anything want to come out of your fingertips? >> jon: oh, my goodness, i played what herbie won the first oscar for. i'll play "around midnight." ♪ ♪ ♪ >> stephen: jon batiste, everybody. thanks, jon. thanks, herbie. >> jon: yes! >> stephen: folks, big news from the west coast, where california's effort to recall governor gavin newsom has gained enough signatures to trigger a vo

i'm jon fortt. a check on major indices touching new record highs today., dow and nasdaq up about a percent. dell popping high er sat the sam time spinning out vmware and a cash dividend for 81% stake of dell. dell shareholders getting 4.4 of vmware dell technology continuing to hold shares. might clear of a haze over valuations even though vmware has its own kicker, a public company, it was controlled by dell analysts had trouble deciding on the right multiple on vmware a software company owned by a company with pcs, networking, storage and software a lot of different businesses and expected to close in q4, carl >> yep morgan stanley weighing in and saying that it's going to allow them to pay down debt faster maybe get investment grade sooner than we thought and as you say close the valuation gap, maybe, between dell and some peers. de >> yeah. deidre -- >> yep. >> michael dell gets the award for best enterprised coming out of the 2010 -- look at where hp and hp enterprise are, kind of market value-wise and where dell and all of its components are now, an

let me bring in jon hilsenrath here. jon, the central bank has not changed its tone.ou expecting any change of tone in the upcoming meeting next week, does that change the backdrop in your view, jon, to what has been a strong recovery? jon: it has been a very strong recovery and i do think that we will see over the months ahead the fed changing the way it talks about a few things. they're not going to be raising interest rates for a while but they've got this big bond-buying program and at some point they will have to start talking about, well, when did they stop buying all the bonds and pumping hundreds of billions of dollars more into the economy. that could be a hiccup for the bopped market when it happens. you know, two, three more really good jobs reports and i think the fed might have to be in a place where it's starting to talk about the bond-buying program and that's the first step of the fed pulling back that the market is going to wake up to. if we are going to see it, it's going to be subtle at first because jay powell remembers what was called the taper ta

new home on cnbc i'm jon fortt alongside carl quintanilla and deirdre bosa another must-see, biggestpac deal ever. grab grabs new valuation and a different model for uber and lyft investors bitcoin surges ahead of coinbases debut tomorrow we look into that. and buy now, pay later all that ahead this hour. >>> jon, a gut check dow low arer, nasdaq higher. j&j obviously dominating headlines today. cdc and fda asking sites to temporarily halt usage because of rare occurrences of a blood kloss disorder and names like zoom and peloton moving higher and boeing monthly order numbers crossing the tape. those headlines you will see bottom of your screen. >> meanwhile, carl, heating up to a brand new level grab holding the biggest hide hailing and food delivery company looking to go public, nearly $40 billion the world's largest spac deal ever completed and major milestone for the m & a frenzy that swept financial markets the move also means, guys, that grab's valuation has more than doubled in just 18 months. have a listen to anthony on "squawk box" earlier. >> we are category leader in ride

let's see... ♪♪ >> stephen: jon batiste, everybody. thank you, jon.ppening in the world right now, so i'd like to take a mnute to talk about none of them. instead, i'd like to talk about how this weekend, lizzo drunkenly slid into chris evans' d.m.'s. apparently, lizzo got hammered and sent captain america the message, "wind emoji, dunking emoji, and basketball emoji." which, i have been informed, in young people hieroglyphics means, "i'm taking a chance" or "shooting my shot," and not, as i initially thought, "i refer to my farts as air jordan." i gotta give credit to lizzo for confessing this drunk d.m. to her 14.6 million tik tok followers, but extra credit for sending this drunken d.m. at 5:22 p.m. now that is how i like to party. sloppy drunk, but home in time for "jeopardy!" best of all, lizzo also revealed that chris evans replied. "no shame in a drunk d.m. kiss face emoji. god knows i've done worse on this app, l.o.l. face palm emoji." what evans is referencing with that face palm emoji is last year's incident where "he accidentally shared a p

jon: yeah, i think so.nk we have seen a bit of a turn and move where european fixed income has started to trade relatively weaker and i think one of the important narratives that will mark things as more cognizant in the second half of this year is the divergence trade really only works when the direction is divergent, nothing levels. what i mean by that is in 2018, europe was manufacturing a recession leveraging the national party in this year europe will be growing and china will be growing. yes, the u.s. is still growing but it isn't pure divergence. caroline: jon turek, thank you. meanwhile, that's it for "what'd you miss?" romaine: have a great evening. this is bloomberg. ♪ [ sigh ] not gonna happen. that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. ♪ ♪ the kohler walk-in bath features an extra-wide opening and a low step-in at three inche

jon batiste.." ♪ whooo. ♪ the "late, late show." ♪ is it's "late, late show." ♪ it's "late, l

jon batiste. congratulations on your new bafta, jon. >> jon: hey! man, i'm so happy. you know what i'm honored for tonight is i get to talk to taylor swift. did you know this, jon? >> jon: oh, yeah, yeah. >> stephen: have you ever hung with taylor? >> jon: i have not. but i look forward to it one day. she's an incredible musician and song writer. i love the album, too. it's great. >> stephen: i'm ready to join the squad. i don't know if it's still a thing. taylor had a squad, right? okay. we're just going to talk in just one minute. do you have any music that might be a nicely yea son into my conversation with taylor? >> jon: yeah, let's see. something on the vibe of -- ♪♪ >> stephen: oh, hell, yeah. ♪♪ >> stephen: jon batiste, everybody. thank you, jon. >> jon: yes, indeed. >> stephen: folks, we talk about current events here, but there's one big story i have yet to address: on friday taylor swift released the re-recorded version of her 2008 album "fearless," which she's calling "fearless -- taylor's version." why taylor's version? well, back in 2019, taylor's first

jon, i'm curious talking so much about audio this week, and to your point.t's hard to know if it's because we've run out of things to watch on video, or whether it's because we'll actually be on the move more there was an outfit lot long ago thought we would watch video on our way to work and that was kwivy. >> turns out video is hard right? got to get ready for how you look on video. got to think about all kinds of elements to show i mean, it's not just the three of us making the show happen. there's, like, an army of talented producers and whatnot most don't want to play that game, deirdre. would rather just -- talk. >> all right argument tiktok, digestibles. 15 seconds of video. >> 15 seconds is easier. 15 seconds. >> a lot easier. it's not that easy, though i've edited a few tiktok videos. not that easy. coming up on the show, anyways, still lots do you trust the big tech? results of 2021's most trusted brand survey sand they may surprise you. >>> and the biggest laggard in faang set to report after the bell julia boorstin joins us with more. >> well, de

jon najarian, john terranova good to see everybody. are negative across the board for the dow, s&p, russell, the yields, ten-year

i'm deirdre bosa with carl quintanilla and jon fortt. big show to close out our very first week trouble in the listing market. coinbase, the largest spac ever and a few under water ipos signs of euphoria or the air coming out of a bubble. an exclusive with airbnb ceo brian chesky one of the more remarkable business stories of the pandemic we'll get his take on business and crypto too looking ahead to a big week for apple, why loyalty is everything in tech right now. >>> in the meantime big story, of course, the market s&p, another all-time high. same story for the dow above 34k. zeroing in on technology, also setting some records up 8% for the month. cisco at the top of the indices and nvidia up as well. it's interesting the market having to take stock of the reopening and at least for now, some of the under performers on the nasdaq will be names like peloton and workday as we put more faith in the opening of the economy. >> some of the big tech names lost momentum this year, but we've got earnings season kicking off and the five mega ca

jon batiste. hey, jon! >> jon: hey, what's happening with you? >> stephen: good to see you.ital text from you on saturday night. >> jon: man... >> stephen: that .3 second shot from gonzaga? unbelievable. >> jon: man, that highlight is going to be played for decades. it was so incredible, because the game was in overtime, and then you see two points-- they were down, u.c.l.a. was down-- they scored, three seconds left. oh, it's going to be double overtime. that shot was so ice cold, suggs, man, when he hit that, we jumped in the air. i was, like, man! >> stephen: it's the shot you dream of as a child. >> jon: exactly, it's the one you practice every time, you count down and the clock keeps extending until you make it. ( laughter ) three, two -- three, two! ( laughter ) yeah. that was beautiful. >> stephen: jon, we don't know who won. national championship was tonight. do you have anything to celebrate the national champions? any music you could share with them, whoever they may be? >> jon: oh, my goodness. >> stephen: whether it's gonzaga or baylor? ( playing "we are the cham

jon took vet bill.athan: for new york, for our audience worldwide, this is "bloomberg surveillance," live on tv and radio. i might walk. this is bloomberg. ♪ >> i think we could have an employment and productivity boom and a real change. >> we are looking not just at the peak. we are looking at the sustainability of these trends. >> what we have to question is have things structurally really changed. >> what the bond market is telling you, not so fast. the fed has the upper hand. >> it is clear to me that the fed is not raising rates until the end of 2022, 2023. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. tom: good morning, everyone. a

we will show the best responses at the end of today's show jon?> speaking of additional revenue streams another big tech story today, the implications of apple's product announcements at its spring-loaded event. we got a lot of updates, ipad pros with m-1 processes, imax with new designs in a range of colors and air tags, trackable buttons to help you find stuff you lost apple laid out a plan for podcast subscriptions and not shy about taking its cut of the podcast rev here that's where we start with joanna stern i don't blame apple for taking 30% of podcast subscription revenue in the year, but i'm not sure i would trust them to provide more than a storefront here they have ruled the roost since they became a thing and largely ignored it failed to innovate, promised we're going to give all these tools to podcasters and i think largely it's been weak would you trust them to innovate here now >> i mean, i wouldn't say this is as much of an innovation. it's subscriptions, giving creators of podcasts the opportunity to charge for their podcasts rathe

tonight, talking with jon about his book, sonara bartels. she's been involved in making documentary features and television and commercial projects. she has worked as assistant director on a number of projects including reality television shows for discovery and national geographic. and she currently teaches screenwriting and documentary writing and producing. and she continues to produce and direct. please join me in welcoming john wilkman and sonara bartels to the burbank public library. thank you. [ applause ] >> thank you, hubert. can you hear me okay? what inspired me to write "screening reality" was a concern about modern arguments about what some have called a post-truth era. i was convinced that insights into the evolution of nonfiction film, a craft i've spent my professional life pursuing, could offer important insights and cautions for the future. i take a long view of this subject as you see on the screen, how the past and the future and the present can stand side by side. on the left is edison's 1890 peep show box. you can liste

let's say hey to jon batiste, hello, jon! >> jon: oooh!oscars sunday. i think you're going to win. that shirt makes you look like you're in the tour de france. >> jon: let's go! race to the oscars! >> stephen: what have you got before you go into the room sunday? >> jon: i'm trying to play the wrong chord with th the right melody. >> stephen: okay. ♪♪ ( laughter ) >> stephen: sounds good to me. jon batiste, everybody. >> jon: yeah, yeah. >> stephen: good luck, my friend. >> jon: thank you, thank you. >> stephen: you know, folks, i spend a lot of time selecting the most topical, energy-efficient solar panels, and inserting premium lithium-ion story batteries into a sleek aluminum and bauxite ore chassis, to design for you the high-end, self-driving, electric luxury convertible that is my monologue. but sometimes, sometimes, folks, i wake up in an orchard in the dead of night, with an empty bottle of fireball in my hand, a weird rash on my cheek, and spooning a coyote, while hallucinating that i'm being chased by the men in black, so i nail

let's say hello to jon batiste. jon, okay, we're t-minus 4 on the oscars.yet? >> and we have these tests you have to stick them so far up your nose, so every day i have a good little cleaning happening. >> stephen: scrape away some memories of third grade or something, nothing you necessarily need? >> jon: yeah, yeah. but i'm stepping out. i get to step out tomorrow, and then i'll be checking out some things, some parties and things here and there. >> stephen: well, the good news is that-- is this true-- los angeles right now has the lowest infection rate in the united states. >> jon: yeah, that's right. it's the lowest infection rate. people are doing it right-- wearing the mask, you know, getting the vaccine. let's do it, man. let's get this thing. >> stephen: do you have any music that could possibly inspire people to go get the vaccine, to do the right thing? >> jon: oh, my goodness. do it! let's see... ♪ ♪ ♪ >> stephen: you heard the piano. roll up your sleeves. >> jon: come on, let's get it! >> stephen: jon batiste, everybody. see you, jon. folks, mot

jon sopel, bbc news, washington.georgia and our correspondent at the rally larry madowo. larry, the president marks 100 days in office, and also trying to sell this for trillion dollar plan to the american people. i gather he has just arrived there where you are. he has just arrived there where you are. he: hasjust arrived. just arrived there where you are. he hasjust arrived. you should be has just arrived. you should be speaking any moment now. here outside where he is speaking at the drive—in rally, there are supporters of the former president to her here to express their displeasure. they have signs, one of them says biden lied and jobs died. another says thanks for nothing, biden. that's the opposition he is facing. they are not onboard with this plan. the white house and biden team are hoping that his plan is much more popular with the rest of americans, even republicans that if he bypasses washington politicians republicans in washington, that can be successful.— in washington, that can be successful. , :, , .

jon batiste. hello, jon. jon: that's what prince would say. there's a chord. ♪ ♪ ♪ chicket-a-checket-a. >> stephen: and that's called chicken grease? >> jon: that's right. he would look at the band whenever he wanted to play that chord, and we would say, "give me the chicken grease," and everybody... chick a-chicka-chicka. that's what i learned from prince right there. >> stephen: there it is, there it is. will you share with us a little more chicken grease. can you grease us? >> jon: oh, yeah, i can grease it all the way. ♪ ♪ ♪ ( laughs ). >> stephen: the grease master himself, jon batiste, everybody. thank you, jon. >> jon: let's get it. yeah, baby. >> stephen: folks, because the country is starting to open up, people can finally go places again. and one of the places they want to go is off the planet. and i'll tell you all about it in tonight's episode of ( echo ) spaaace neeews! space travel edition. until now, space travel has been limited to super smart astronauts and super bored billionaires. but that'

>> jon: let's see... ♪ ♪ ♪ >> stephen: thank you, jon, jon batiste, everybody.most topical news d.n.a. of the day, using a specific restricting enzyme to unravel only the most promising and desirable base pairs, delicately modifying the genetic code, then applying a ligase enzyme to reform its double-helix structure to create for you the flawless, succulent, and pest-resistant nectarine that is my monologue. but sometimes, i steal the rejected primates from the medical lab where i volunteer to be tested on, expose them to dangerous levels of radiation, graft a spare grenade launcher onto their thorax, and develop the highly unethical protein modification serums to genetically engineer the freakishly strong, uncontrollably violent ape-human combat hybrid of news that is my segment: >> "quarantine-while." >> stephen: quarantine-while, a new study has found that "your dog gets jealous just imagining you with another canine." the study also found that your cat never thinks about you at all. ( laughter ) "do what you want. we never said we own each other." researcher

jon, carl?certainly talked about pull forwards in the past few days then you have sort of the broader macro environment of advertising dollars which seem to be getting elevated forecasts for day after day. >> elevated forecast but carl, i think the real question is how much apple's changes are going to impact each of these platforms and impact them differently. yesterday we got a pretty copacetic commentary from snap they have different ways of working with advertisers, brands they've been a lot more friendly with apple than facebook has next week we will hear from facebook, from pinterest and from twitter and all of those companies have the potential of having impact from this apple operating system change and it seems like facebook could see the biggest impact a lot of these companies expected apple to roll out the ios 14 update last quarter the fact that it will not hit until q2 may be one of the reasons the numbers were stronger. >> i love how one analyst put the snap story over the pandemic

i'm carl quintanilla with jon fortt and deirdre bosa big show today big tech versus small.pp makers say they are afraid of the power of google and apple in front of congress we'll discuss the fear index of the valley. >>> plus, feud delivery. two rival ceos going at it on twitter. we booked one to come on an explain. >>> and sony massive deal with disney weeks after blockbuster deal with netflix. and on the arms race content coming up on "techcheck" in a few minutes. >>> and stocks, dow lower. nasdaq higher. at&t booming on better than expected earnings. a big move for that stock. semi-s moving lower. >> and we are all afraid what one appmaker told congress yesterday. in concern ap the power apple and google have over their businesses as big tech continues to spend money close to $5 million spent on lobbying in q1 of this year alone. >>> plus, lena kahn on the hill yesterday for an ftc confirmation hearing known as a tech critic the biden administration moving away from consumer harm when it comes to antitrust regulation, deirdre, and that, to me, is the issue. if the u.s.

>> yeah, right total home run jon, what about jp morgan?scott, the only thing on the conference call was jamie pulled back, did the chairman, from that statement about challenged. >> well, that's not the only thing. >> that might not have been the right word. >> it is not the only thing, right? they had more loan loss reserves released than expected, and he was clear in saying that, you know, that's not going to continue forever i mean that maybe is throwing some doubt on the, quote, unquote, quality of the earnings that's significant. >> right it is. but the numbers were also really significant, scott. >> sure. >> i mean the multi billion dollar beats that michael talked about and so forth, they were present over there at jp morgan as well. you know, now it is a question of both of those firms, of course, avoided any of the problems with archegos both of them continued to grow their book to the affluent markets that they serve. obviously jp morgan extends that through the credit cards and the rest and just, you know, i think you've got to

let me bring in jon meacham and niall ferguson.ohn has one of the 11 books he's written, he's an occasional adviser to president biden. niall ferguson is a columnist for bloomberg opinion. his most recent book is the square and the tower and he's written about 11 books. jon, let me ask you, to start this, place the series of two actions even before the first 100 days have happened in some historical context. >> well, i think the fdr, the great society analogies spring to mind because it is a democratic president confronting a moment where he sees a need and wants to meet it. i have a slightly -- i don't want to say more nuanced look at it but i do think there is an important point here which is that biden, by my historical reading, is not trying to fundamentally go outside of the american experience. he's trying to act within a tradition that was largely bipartisan, sometimes inadvertently so. this is like fdr, but also like dwight eisenhower. and i think one of the things that led to our current divisions and some of the reflexive