kaplan seems ready to be patient and wants to see growth rebound before hiking rates. back to you. >> and there's still plenty of investors doubting whether or not the fomc will continue to hike this year. among them, double line capital investor jeffrey gundlach. the widely followed investor said the fed should be cautious with any increases given the gentle downward path of nominal gdp, which we have been tracing. let's give you a check on how u.s. markets are set to open today after that strong rally yesterday. the dow had its biggest gain in a month. u.s. futures now pointing to a higher open once again with the dow called higher by nearly 80 points. the s&p called higher by ten points. a huge focus today will be on jpmorgan kicking off bank earnings before the bell. in just a few hours from now, a lot of investors are going to be looking at the guidance here. expectations for u.s. banks season are already so low. we did see the banks among the big win wers yesterday. that was helped by the uptick in commodity prices as well. let's give you a check on those commodi

with robertl talk kaplan. why he says the markets may be underestimating how soon the fed could move into higher rates. how they couldon impact the global economy. betty: shares of pandora are soaring. about their tough competition in the online music business with pandora ceo tim westergren. a lot on tap this morning. the go to the market desk were julie hyman has the latest numbers for consumers. is the sentiment reading from the university of michigan. we are coming to 89 and 90. people are not so optimistic. a slew of economic data with personal income and spending. all of that is pretty much in line with estimates. you are seeing stocks fall across the board at this point. all major averages in the red after sequences decline. so, continuing the selling other get further into today's session. what exactly is driving the selling? if you take a look at the s&p 500 and the bloomberg health care, it is the worst-performing group today. so, a lot of the cyclical groups , although health care is not necessarily

kaplan.. >> thank you. welcome to texas. >> reporter: let's start off with the national stories and there's a lot of stories we want to get to here in texas as well. gdp in the first quarter has come down. it's crashed people say from a 2.3% on our average to down just half a point. how much concern do you have right now that the u.s. economy is decelerating. >> we had other years where first quarter gdp was week. our own forecast is still that gdp growth will be a little under 2% for the year and the reason we think that is we still think the consumer will remain strong this year, job market is strong and so time will tell. we'll have to see more data. i want to see more data because first quarter is very mediocre. but we still believe that the under pinnings for solid growth are there and so that's what i aspect to see. i just now want to see it. >> reporter: are you chalking this up to seasonal factors rather than real economic softness? >> some of it may be seasonal but i'll say this. a l

i also think it's interesting, when you had robert kaplan on before from the dallas fed, the fed seems on the brexit as well. mark: everyone is focused on the brexit. you can't get away from it, even betty liu. she's more focused it. betty: because mark talks about it all the time. mark: betty can't wait for june 24. so, betty, if we vote to leave, it's not going to stop. it's not going to end. betty: no, actually i don't think it's going to stop either way. mark: it's never going to end. eric, thanks for joining us. eric stein joining us, of course, from boston. betty, it's the big one. coming up, a battle of the charts. i face off with oliver. can oliver score his first win? i gather last week -- did he lose? short interest against the expanded e.c.b. balance sheet. it's a big one. ♪ betty: we are live from new york and london. mark: i'm mark barton. you're watching -- betty: it's my favorite part. mark: she had enough. she's sick of brexit, she disappeared. betty: i'm definitely not sick of our charts. i anticipate this every day. we take a look at some of the most telling charts of

noticed a big difference between rob kaplan and his predecessor, kaplan will wait to raise interest ratesn the road. it's a change in the dynamic of the central bank to have a hawk like fisher replaced with a more moderate policymaker, rob cap lynn. simon? i'll take it, steve. thank you. robert kaplan with our steve liesman. >>> straight ahead, are investors in asia worried about a trade war if donald trump gets elected? more on that when we come back. from bank of america to buy a new gym bag. before earning 1% cash back everywhere, every time and 2% back at the grocery store. even before he got 3% back on gas. kenny used his bankamericard cash rewards credit card to join the wednesday night league. because he loves to play hoops. not jump through them. that's the excitement of rewarding connections. apply online or at a bank of america near you. thank you. ordering chinese food is a very predictable experience. i order b14. i get b14. no surprises. buying business internet, on the other hand, can be a roller coaster white knuckle thrill ride. you're promised one speed. but do you consis

very interesting but a kaplan is new to the fed. this is his first time speaking out in an interview. he's got a different background than some of the other heavy duty ak dcademicacademics. he was an executive at goldman sachs. he specialize the at harvard in corporate governance and leadership. >> and less in economic academics. >> maybe that's good. we'll hear from rob kaplan in a few hours. >> the justice department is reportedly in talks with hedge fund och-ziff capital management. "the wall street journal" says authorities have looked into whether the firm knowingly bribed government officials to secure investments in libya and other african countries. they argued the behavior wasn't widely known and shouldn't be held criminally liable. >>> the ceo of royal dutch shell says they may sell some assets. shell said it would sell $30 billion in assets to finance that deal. speaking a the a conference in australia, shell is exploring new opportunities in iran, although he says it's important to remain cautious when dealing with tehra

our very own steve liesman is going to sit down for an exclusive interview with rob kaplan coming up at 14:00 central european time. meanwhile, a number of other fed presidents are giving lectures later today. the philadelphia fed president patrick harker, san francisco fed president john williams, and richmond fed president jeffrey lacker all due to speak. do you want some pant mine? you never have to look much further than the u.k. parliament. 2010, david cameron said i want an end to punch and judy politics. he faced mps for the first time since admitting to benefitting from his late father's offshore fund. in a raw us can session, he made a statement on his tax affairs. >> there have been some deeply untrue and profound allegations against my father. this investment fund was set up overseas in the first place because it was going to be trading predominantly in dollar securities. it made sense to be set up inside one of the main centers of dollar trading. there are thousands of these investment funds, and many millions of people in britain who own shares, many of whom hold them th

it may have gotten out of hand a bit too quickly. >> fred kaplan, pleasure to have you. >> thank you.p, islamic jihadis the world over have great expectations about the 72 virgins that will be waiting for them in paradise, but my next guest will tell you that it's all a big misunderstanding, probably a mistranslation. the jihadis will be sorely disappointed. we'll tell you the story when we come back. muddling through your morning is nothing new. ...your nose is the only thing on your mind... ...and to get relief, anything is fair game. introducing rhinocort® allergy spray from the makers of zyrtec®. powerful relief from your most frustrating nasal allergy symptom* ,all day and all night. hasn't your nose been through enough already? try new rhinocort® allergy spray. muddle no more® in the country have in common? many of them now call cancer treatment centers of america home. expert medicine works here. find out why at cancer center.com. cancer treatment centers of america. our most advanced formula for joint health and comfort. cosamin -- proven by more research than any leading join

tracy: that was robert kaplan. scarlet: we want to get back to the breaking news.eion shares popping news of a report that companies are exploring a bid, considering a counter offer for the company. the stock, almost getting to $60 per share. ♪ scarlet: you are watching bloomberg. i'm scarlet fu. tracy: i am tracy alloway. this is your global business report. mortgage lending is soaring in the u.k. does it mean home prices will keep arising? growing. will the uptake change the political landscape ahead of elections in june. scarlet: the bank of japan holding off on a stimulus. one says that structural problems are here to stay. homebuyers in the u.k. were trying to beat a deadline in the last months. mortgage lending rose the most since 2007. tracy: the eu wants to make sure that cheap still does not threaten european producers. it triggered a system for monitoring imports, especially from china, the world's largest steel producer. in january, japan pledged to limit steel capacity. in will create over 2 million jobs. the plants are in line with bringing the budget

kaplan of the federal reserve of dallas. he is giving a speech today. the prepared remarks, and he is saying that he thinks the growth outlook for 2016 should be around 2%. he is talking about inflation, also about the risks coming from china, that the spillovers there are likely to spill over into emerging markets in the u.s. he is not a voting member, but he is an influential member of the federal reserve. robert kaplan, that interview later today, 10:30 a.m. in new york, 3:30 p.m. in london. ♪ francine: you are watching "bloomberg surveillance." i am francie likewise in london. vonnie quinn is in new york. to work out the bugs in a new chip-based card. have been complaints from retailers about slow checkout times, so there is new software to make the process faster. the new cards increase checkout times by 10 times per customer, an eternity in fast food. elon musk will launch a satellite, under bidding an estimate by 40%. eacex plans to cut costs by reusing the first stage of its rocket. the world have largest online retailer posted quarterly sales a

[ laughter ] and i believe we have one more. >> my name is sid kaplan.rom -- i'm from new jersey. >> have you ever punched someone in the face? >> i can't hear you. >> have you ever punched someone in the face? >> jimmy: sid might punch someone in the face right now. all right, everyone -- has sid kaplan, the world war ii vet from new jersey, ever punched someone in the face? >> oh, many times. [ cheers and applause ] >> jimmy: that was educational, right? we have to take a break. when we come back from the break, benedict cumberbatch with a never-before-seen trailer for "dr. strange." so stick around. hey there, can i help you with anything? hey siri, what's at&t's latest offer? oh, i don't think that siri can... right now, switch to at&t for an iphone and get one free. wow, is that right? yeah, it's basically... yes. that is the current offer from at&t. okay siri, you don't know everything. i know you asked me to call you the at&t hostess with the mostest okay, shut her down. turn it off. right now, buy an iphone and get another one free when you add a

it may have gotten out of hand is bit too quickly. >> fred kaplan, pleasure to have you. >> thank youihadis the world over have great expectations about the 72 virgins that will be waiting for them in paradise, but my next guest will tell you that it's all a big misunderstanding, probably a mistranslation. the jihadis will be sorely disappointed. we'll tell you the story when we come back. (vo) on the trane test range, you learn what makes our heating and cooling systems so reliable. if there's a breaking point, we'll find it. it's hard to stop a trane. really hard. trane. the most reliable for a reason. they are. do i look smarter? yeah, a little. you're making money now, are you investing? well, i've been doing some research. let me introduce you to our broker. how much does he charge? i don't know. okay. uh, do you get your fees back if you're not happy? (dad laughs) wow, you're laughing. that's not the way the world works. well, the world's changing. are you asking enough questions about the way your wealth is managed? wealth management, at charles schwab. i am totally blind. i lo

kaplan has done due diligence and then some on hackenberg. the jets passed on quarterback paxton lynch with the 20th pick last night, instead opting for th his poise. >> i personally feel that i'm only going to keep getting better. ky is the limit for me. i look forward to getting better. >> he's one of five first rounders from ohio state, including the giants' top pick. eli apple here in the big apple? just imagine the back page headlines if he becomes a star. but that's a big if to more than a few around the nfl who think the giants reached here with this pick. apple is considered more of a late '20s pick. he went over the top with ohio state and he's ready to take a bite out of those critical reviews. >> no pressure, i'm just very excite. i feeln to start because i know there are likely guys on that defense who come with something special. >> we'll take a look at them everywhere and we're not going to pencil him in any role right now. we're going to get him in here, get a feel for his skill set. >>> ace in game 1 and just kept coaching. he

[ laughter ] and i believe we have one more. >> my i'm from -- i'm fe -- has sid kaplan, the world wart from new jersey, ever punched someone in the face? >> oh, many times. [ cheers and applause ] >> jimmy: that was educational, right? we have to take a break. when we come back from the break, benedict cumberbatch with a never-before-seen trailer for "dr. strange." so stick around. hey there, can i help you with anything? hey siri, what's at&t's latest offer? oh, i don't think that siri can... right now, switch to at&t for an iphone and get one free. yeah, it's basically... yes. that is the current offer from at&t. okay siri, you don't know okay, shut her down. turn it off. right now, buy an iphone and get ♪ ♪ ♪ ♪ ♪ lease a 2016 lincoln mkx for $399 a month only at your lincoln dealer. ♪ he'll take my arm. ♪ ♪ when we're walking, ♪ ♪ rolling and rocking. ♪ woo! ♪ ooow! at our retirement plan today. not now! i'm cleaning the oven! yeah, i'm cleaning the gutters! well i'm learning snapchamp! chat. chat! changing the oil... (vo) it's surprising what people wou

councilmember kaplan is actually raising that exact question.king why the funds that were approved back in october still haven't been released months later. they wanted to use that money to educate renters of their tenants's rights. back to you. >> thank you, jackie ward live in oakland. >>> another report of trouble at santa clara county's main jail. an inmate had to get stitches after a fight. the fight involved 10 inmates in the medium security area. it happened on the second floor where inmates have bunk beds and shared space and where there is no camera to record what happened. county officials say it's the 78th fight just this year. there were 225 reported inmate fights all last year. the sheriff's department says there were no cameras in that area because it's the older part of the jail. cameras are being installed in more modern areas of the jail. the jail troubles were first exposed when three correctional deputies were accused of beating an inmate to death last august. >>> an unusual convert venue will open in san jose. the san francis

. >>> oakland's city council memory becca kaplan is lobbying the nba to move next season's all star game to oracle arena. it's currently scheduled for charlotte but there's backlash against north carolina over a new law that critics say discriminates. the nba board of governors is meeting in new york to address the controversy. >>> for now, though, oakland has something even bigger going on, the warriors ain the nba play-offs. just in time for tomorrow's first round series opener against the houston rockets, special warriors post-season t- shirts. some have "strength in numbers" and the letter m is designed as a tally mark. >> when you're a kid, when you want to start to keep track of things you have chalk and you're thinking use tally marks to show like thinks that you won and we wanted to take this concept of numbers and extend that out to our fans. >> the shirts are available in the warriors store at the arena. game one against the rockets is tomorrow in oakland. game 2 will also be at home on monday. game 3 and game 4 will be in houston april 21 and 24. and if necessary, game 5 and 7

the fed president robert kaplan said that he does not back an interest rate hike this month.peaking in louisiana, kaplan said that he remains open-minded about a june hike. >> it is worth, in this environment, being patient. and basically being willing to cautioust's -- to be and let events unfold. we will know soon enough. we will not know by april, but there is time to make these assessments over the next few months. manus: the voices from the fed. how do you interpret them? one man who has been doing this for many years is derek, who is here with me. >> it's not easy. manus: people with a lot more money than us will pick over the bones. this is the atlanta fed gdp. i have a chart. we will pull that up. he is puzzled by this weakening economic story. >> it is something that we are getting used to, this q1 puzzle. in the last few years it has been weather-related. you have these huge nubbers of job creation, but no growth. it does not tally at all. we are to get some thing similar again in q1. the consensus is something around 0.5%-zero .7% for the 0.5%-0.7% for the quarter.

. >> reporter: oakland city council woman rebecca kaplan stood by members of the community, to demand a much needed bus stop on a busy section of broadway. >> we have received incredible complaints from people, including people with disabilities. including people trying to get to medical appointments. >> not having a stop that's convenient right there has been a hardship. >> reporter: the neighborhood's bus stop was removed during construction of a new sprouts grocery store early last year t. city agreed to relocate it in front of summit bank. but the bank has been trying to stop the bus stop plan, calling eight security risk. >> it's not a good idea to have a bus stop directly in front of a bank, where people are constantly withdrawing money or depos iting money. >> that implies that somehow people that ride buses are dangerous. >> i come to that stop to loiter. >> people packed the city committee meeting to sound off about the bus stop concerns, including 81 bus rider joyce roy, who made fun of the banks's objections. >> i am also, sir, a source of crime. i hit people over the head

remains strong the president of the dallas fed would advocate for a hike in interest rates but robert kaplan declined to say exactly when they would company so. he did say the economy is approaching a point where it would be prudent to remove some accommodation. >>> a new mckenzie global institute study says the u.s. economy could grow an extra $2 trillion by 2025 if the public and private sector did more to shrink the gender gap that prevents women from reaching their full economic potential. according to the report, every state in the country could increase its gdp by at least 5% over the next decade if it narrows the gender gap at work. quelan of mckenzie and company and lead author of the study joins us now, nice to have you here. you looked at inequities or gaps in a total of about ten different sectors. what did you find in the united states? >> across the united states, we found that the value of closing the full gap would be about $4 trillion. but we didn't think that closing the full gap over the next 10 years was realistic. so instead we looked historically at the fastest rate of i

with whatin with the we saw last night with robert kaplan from the federal reserve saying we need toontinue to have patience. you have two things that have the earnings downward. what looks good? telecom and consumer discretionary look to be 13% and 10% on the expected upside. at&t tried to drive earnings from the telecom sector. some of those internet retailers and automobile manufacturers should push it up from the discretionary side. rishaad: poor earnings season is already priced in on the s&p 500? christopher: i think it is differently priced into a point. we were expecting that eight and a half percent downward miss on the earnings. atlas we have some large beads on the downside. alcoa came out last night. their income was so bad. , you have tonings look more not just at the top line number but also the underlying fundamentals. athink it is priced into point but if we do see some what you willwn, see is the increase in volatility in the stock market. that means an increased opportunity for our traders. directional tight bets or to hedge their portfolios. rishaad: thank you. hai

. >> you're going to put stanley kaplan out of business. [applause]. >> and the princeton review and all those guys. but no credentialing. there will not be a khan academy diploma. there will be no graduation from khan academy. >> that's not on our -- you know, we are focused on the learning piece of it. there's already a lot of other -- you know, there's scaffolds of assessment and credentialing already. >> right. >> but, yeah, you know, in the learning piece, there's a lot to do. >> all right. we're out of time. fantastic. thank you so much for being so expansive in discussing all this stuff. it's really interesting, and congratulations for your success. >> thank you. >> salman khan, thank you very much. >> yeah, thank you. [applause]. >> we'd love to have you join us in the studio. visit our website at klru.org/overheard to find invitations to interviews, q&as with our audience and guests, and an archive of past episodes. >> well, what if it's a home run as a not for profit? in a lot of ways it's harder, but what if it could be the next

this picture sent out by our capitol hill producer, craig kaplan. senator joe manchin of west virginia will sit down with judge garland this afternoon at 4 p.m. eastern, and there are more meetings scheduled over the next several days. >> campaign 2016 continues today with the wisconsin primary. live coverage begins tonight at nine eastern. tune in for complete election results, candidate speeches and viewer reaction. taking you on the road to the white house on c-span, c-span radio and c-span.org. >> we want to welcome back tolc our table fred barnes, co-founder, executive editor, weekly standard, talking about this nominating process.s. so so who will be the republican nominee? >> well, i think donald trump still has the best chance even if he loses in wisconsin today, and i suspect he will lose in wisconsin today. the cruz polls have been much better, and i know there have been a poll that came out yesterday that showed trump ten points ahead. that would have meant that he's had quite a finishing kick that the press missed -- >> host: in wisconsi

. >> oakland city council member rebecca kaplan says she has checked the calendar and right now there is nothing scheduled at oracle arena next february on all-star weekend. >>> reporter allie wolf tells us what protesters did today. >> reporter: on the 36th day of occupation activists end part of their protest at u.c. davis. >> we feel like the administration is ignoring us. >> reporter: they gather once more, armed with signs and duct tape on their mouths with their voices silenced. they spread the same message. fire the chancellor. organizers accuse her of beg money hungry. protesters leave roses in their place and march through campus in what some may consider a victory lap. >> this exit is not one of defeat but rather of victory. >> reporter: they believe their pressure led to reports this week that the university used $175,000 of taxpayer money to have images of u.c. davis police pepper spraying protesters removed from the internet. >> i think it has been a success. i don't think a lot of the stuff would have came out if we hadn't been here countless days. >> reporter: the outra

kaplan says she checked the calendar and right now those dates are open at the oracle arena. as it stands, that game will happen in charlotte, north carolina. >> excitement building for the warriors playoff run start this weekend. >> warriors fans are gearing up and will be packing oracle arena for game one tomorrow night against the houston rockets. brian flores was inside the arena earlier with what fans can expect. >> are you ready w nation? we are gearing up for the big playoff run. game one this weekend. check these out. these are some of the shirts through the warriors playoffs run. we are the we believe campaign in 2007. loud proud warriors from 2013. strength in numbers was introduced last year and it is back again this year for the warriors' 2016 playoff run. but staying on the theme of merchandise, it has been literally flying off the shelves. the warriors say merchandise sales are up 423% compared to last season. and why not? the team won an nba record 73rd game. steph curry's jersey by the way is number one. what can fans expect if they are coming to the game on s

that is right, our senior producer, peter kaplan., let's do better next year, i think i will stick with my day job. thank you all for being with us, we've got a great line-up ahead on cnn, a triple header of the race for the white house. bush versus dukakis at 7:00 p.m. and at 8:00 p.m. truman versus dewey and at 9:00, an all-new episode, jackson versus adams and at 10:00 p.m., bill weir's series, "the wonder list." he takes us down the colorado river. >>> so, you want to be the most powerful man in the world. how far are you prepared to go? will you turn friends into enemies? will you break your own rules? if you want to be the most powerful man in the world, do the ends ever justify the means? >>> ladies and gentlemen, the

councilmember rebecca kaplan says she is frustrated because that money hasn't been released yet so programslace. landlords aren't happypy and they are calling it a feel good fix preventing them from making any improvements over the next few months. in oakland, jackie ward, kpix 5. >>> an inmate in santa clara county jail got stitches after a fight among ten inmates in the medium security area of the main jail cell. the fight happened on the second floor where the inmates have bunk beds and shared space and where there is no camera to capture what happened. santa clara county officials say it is the 78th brawl so far this year. last year there were 225 fights in the jail. the sheriff's office said there were no cameras in the area when the fight happened because it's an older part of the jail. new ones are being installed in the more modern areas of the jail. >>> now, the jail's troubles were all exposed when three correctional deputies were accused of beating an inmate to death last august. the incident was not caught on camera. >>> if you think bart trains have been looking a little worn d

sot/tc: 14 rebecca kaplan/city council memberthis is a big problem and we are going to deal with it sot/tc: 20 dr. tom sugarman/alameda co. medical assoc. at issue, they say - the health of children and their parents as well as other residents. sot: obesity is on the rise. dental is a problem as well. the proposed tax called the sugar sweetened beverage distributors tax within the city of oakland would call for a 1 cent tax per ounce and would be tacked on to all companies that sell sweetened drinks to businesses in oakland. this business owner is not at all pleased about the proposal. sot/tc: 46 allen michaan/grand lake theater at crocker highlands elementary school today - across the board support. sot/tc: 1 02 krista von- glohn/parent. city officials say research shows revenue could generate from 6 to 12 million annually and could be used to support health education programs. san franciso recently tried to pass a sugar tax and it fell flat. when asked why they are confident about their tax sot/tc: 1 27 annie campbell washington/oakland vice mayor we have structured ours differently.

kaplan will take her pitch to the nba. six u.s. senators who wrote a letter to the nba commissioner will be talking about it with team owners at today's board of governors meeting. the game would bring in lots of cash for oakland. charlotte is estimating $100 million in economic impact. >>> after becoming the winningest team in nba history, the warriors are setting their sights on more wins in the play- offs. today we get a look at the t- shirts. [ overlapping speakers ] . >> reporter: unveiled this morning and here it is in my hands. strength in numbers. this is the same campaign slogan that they had last season when of course they won the championship so we hope it will work this year. the warriors the team in the nba with the most regular season wins in history, 73. they won that against the memphis grizzlies on wednesday. tomorrow they are taking on the rockets. 12:30 here at oracle. it's going to be a rematch from last year's western conference finals. if you want to get in on the action and come to the game, standing room is

kaplan is here to show us what happened after a flight from sacramento landed in houston. -- kathryn >> catherine: here is united flight 12-46 from sacramental and houston's airport. you can see the slide deployed. the flight attendant and orthodox and it was called on still on video. passengers on board say they had no idea what happened. >> when we landed and were told to stay in our seats as declining would take a bit longer. >> catherine: not so for the fun and flight attendant prefers using a back tossed out to the tarmac 15 ft. below then the female flight attendants lights down. she picks up her bag and walked away on board the plane. >> everything seemed to be pretty standard. >> " we were not told at any point, to best of my knowledge that in an emergency chute was deployed. " >> catherine: united since the flight attendant has been suspended, same heart unsafe behavior is unacceptable and does not represent the more than 20,000 flight attendants to ensure the safety of our customers. >> " that is in san anchoret why? would she do that? " >> catherine: that is the question t

>> well first of all, i want to point out that bruce kaplan, our executive producer, is looking over so repulsed. [ laughter ] >> horrified. >> seth: it's, like, not a great idea to not frame him out, but there he is. >> no, there he is. you know, i think it's, like, it started out because sometimes we read between our scripts, and our actors would just be like, "we don't know what that is. we're not sure how to possibly do it." and so, jenny and i would act it out. and at this point, it's just habit. >> and this, i just want to say is a spoiler alert. >> seth: oh, this is a spoiler alert? >> this is for next season. >> seth: so, you told us the sex acts -- you have written a very interesting show that this is a spoiler alert. >> yes. [ laughter ] >> i know. >> i'm so happy we did that before we put jenny in the position. she said to me, "is this gonna hurt?" >> seth: oh, no! >> and i think it's fine. >> seth: now, you're gonna spend the rest of the time trying to guess which characters it is? >> here's what i'll say. there's a sink involved. she's meant to be leaning over a sink. sh

. >>> tomorrow, dallas president rob kaplan. first interview since joining the central bank.in business worldwide. before earning 1% cash back everywhere, every time and 2% back at the grocery store. even before he got 3% back on gas. kenny used his bankamericard cash rewards credit card to join the wednesday night league. because he loves to play hoops. not jump through them. that's the excitement of rewarding connections. apply online or at a bank of america near you. we believe in the power of active management.management, by debating our research to find the best investments. by looking at global and local insights to benefit from different points of view. and by consistently breaking apart risk to focus on long-term value. we actively manage with expertise and conviction. so you can invest with more certainty. mfs. that's the power of active management. >>>. ♪ in the wintertime, when all the leaves are brown, and the wind blows ♪ ♪ and the birds have all gone >>> welcome back to "squawk box." stocks to watch in the news. hertz warned the results will be weaker than expec

loretta mester, james bullard, and dallas fed president rob kaplan.onstellation brands is reporting earnings before the open, and after the close we'll be hearing from bed bath & beyond. >> whatsapp is ramping up encryption. the messaging service owned by faby facebook is introducing end-to-end encryption. every whatsapp message is now so secure that law enforcement can't even read it. even if they have a warrant. this is the discussion we've been having about apple and the fbi all the time. joe has made the point over and over that technology marches on, and this is an example of it. you could tell apple one thing, but then somebody else is going to do the encryption themselves. here you have facebook doing it in this instance. the larger conversation going on in washington about what ultimately you do about all of these different services and whether there should be a back door, some way for government to have access to it in the instance in which you think there's a reason for it. >> i still have a problem with facebook. like yesterday we were talk

. >> we have a member of the president's review group and michael, both featured in fred kaplan's book. thank you for joining us. final word, what is the one thing we should take away from your book, the one thing people should understand? >> it is a lot of fun to read. how many cyber books can you say that about? >> thank you very much for coming. [applause] [inaudible conversations] [inaudible conversations] >> welcome to booktv live coverage of the 21st annual los angeles times festival of books held on campus of the university of southern california and we will be here all weekend. you will hear from authors discussing national security, women in politics and much more. plus there will be several other call in opportunities as well. for complete schedule, booktv.org, or follow us on twitter at booktv or facebook, facebook.com/booktv. we will be posting festival updates and behind-the-scenes photos on social media sites. we kick off our coverage with a panel on publishing live from the los angeles times festival of books all weekend on booktv. >> hi. i wanted to welcome you to this

united and steve kaplan, the founder of oaktree capital, are leading a group that is close to takingling interest in swansea city. scarlet: why are american investors so interested in european soccer clubs? has there been a change in conditions that has made it more favorable for u.s. ownership groups to take a look at these kind of clubs? called -- will we call this european football or soccer? tracy: i will go with football. i will take soccer to standardize. >> the media value is what has been driving the growth of soccer overseas. we have seen that over the last 10 years. it's driving forward. the new tv renewal contract in england will drive about $8 billion in media revenue to the english premier league clubs. we are seeing investors from the u.s. looking at that in seeing that growth area tracy: why don't u.s. investors search in the realm of u.s. soccer? a they have and we built competitive system here with major league soccer that is growing in the u.s. there is a lot of existing that aream owners taking their expertise here and applying it to europe because of worlds bigges

reporter: while they say the production values don't matter, if they did, 19-year-old mitchell roaran kaplanucher, i'm not even in half of the frames. >> reporter: your mouth and chin? >> yeah. >> it was really genuine, i think. you know it's a video app and they are taking a chance so like i should take a chance took. >> reporter: jose antonio bowen is goucher's president. >> we are not finding all of the talent. we are not reaching the talent and letting them know they have opportunities to go to college. ♪ >> reporter: bowen is also a jazz pianist. so he did what jazz musicians do. he improvised and gave students another option. >> first, people said that is cool and using their phone to apply to college. >> reporter: but that's all they have. >> that's not cool, that is poor. that is because that is all you have. so we were looking for, if all you have is a phone, how do i level the playing field? >> it's easy to update with the new things. >> reporter: others are marching to a different beat too. tcu, morehouse and tulane are now using a social media app and students can create a profil

imf, world bank meetings, tomorrow morning, don't miss robert kaplan, dallas fed president.interview with him on "squawk box" tomorrow morning. back to you, simon. >> okay, steve. thank you very much. >>> straight ahead, uk prime minister david cameron is set to go before the house of commons in just a few minutes to address his own finances having been essentially implicated in the panama papers. he is the man arguing for britain to remain within the european union. ve management. we actively manage with expertise and conviction. so you can invest with more certainty. mfs. that's the power of active management. it's more than tit's security - and flexibility. it's where great ideas and vital data are stored. with centurylink you get advanced technology solutions from a trusted it partner. including cloud and hosting services - all backed by an industry leading broadband network and people committed to helping you grow your business. you get a company that's more than just the sum of it's parts. centurylink. your link to what's next. great time for a shiny floor wax, no? not

today at 7:15 eastern, george washington university professor kaplan ross discusses her book lessons censorship, which examines free-speech issues for college students. 10:00 on afterward, former u.s. civil rights commission chair mary branson -- francis examines illegal voting practices in the united states in her book five dollars and a pork chop sandwich. book buying and the corruption of democracy. she is interviewed by spencer overton, president of the joint center of political and economic studies. >> the donor class through the people in office and running for office, it is the same people over and over, the state legislatures, the local things, they families and so on, they are the ones who are corrupt. corruptinge ones democracy. the other people are not getting the benefits of it because they are not acting collectively to counteract it. they haven't found a way to counteract it in all of these years. >> on sunday in-depth live with author and publisher of forbes magazine. he will join us to talk about his life and latest book, reviving america, in which he argues for repea