kelly added two new targets. >> kelly shows up to one of the meetings and says he hasn't committed yetut he wants you to take care of two insurance investigators. >> reporter: kelly didn't ask for them to be killed but to be beaten up. detectives believed this new job was a way to test marckensy to see if he was the real deal. >> kelly asked him, are you a police officer? >> you're sure you're not involved with the police, right? >> we believe that they don't think that someone working with the police would actually have two innocent people just doing their job beat up. >> reporter: and they were willing to pay quickly to get it done. kelly handed marckensy a brown bag filled with cash, $2,500, half of the $5,000 fee. >> he wants to make sure they're out of commission for a long time. any possibility it can be done this week or no? >> reporter: detective louzan reached out to the insurance investigators and quickly discovered why they were the selected targets. >> i call them and said, listen, i really want to speak to you in person. i didn't want to tell them over the phone. they said

kelly. you talked about -- we heard about nine months that it takes, and even that, if it takes nine months before an officer is ready for duty, we're going to further strain the workforce by sending them so the -- to the border. that doesn't make sense to me. that's this member talking. mr. kelly, you talked about some recommendations that were made, and forgive me if you kind of already talked about how retention and recommendations that were made to improve that process. but you also made some recommendations in terms of training. addressing some training issues. mr. kelly: that is correct. mrs. demings: can you share with me how you prioritized those recommendations to the t.s.a.? mr. kelly: we didn't prioritize them. we made nine recommendations. we thought they were all important to be implemented. and we expect all of those nine recommendations to be implemented. mrs. demings: do you know where we are in that process in terms of implementation? mr. kelly: three of the recommendations

kelly's attorneys say the new charges have to do with kelly allegedly choking pace and then forcing hero perform oral sex on him on several occasions. in february, the 52-year-old singer turned himself in to chicago police after he was charged with ten counts of sexual abuse in cook county. four women, including pace and two others, were underage at the time. >> this is not me, y'all! i'm fighting for my [bleeped] life! >> reporter: in a tearful and sometimes combative interview with "cbs this morning" anchor gayle king, kelly said the allegations against him were all lies. >> have you ever had sex with anyone under the age of 17? >> no. >> reporter: never? >> no. >> reporter: but cook county prosecutors say they have video and d.n.a. evidence to support the february case. kelly is due back in court next thursday. his attorneys say these latest charges are basically an extension of that february case. and margaret, they also say that kelly continues to deny any wrongdoing. >> brennan: all right. jericka duncan, thank you. the u.s. has set a new record for measles cases since the disease

empleador de kelly se limitÓ a decir que kelly es una gran adquisiciÓn para el equipo debido a su experienciacentros de detenciÓn privados para migrantes. otorgan tres contratos para detener a 5000 inmigranteslix: el presidente d trump le quitÓ importancia allos misiles de largo alcance paÍs desarrollÉ su gran potencial econÓmico y que no romperÁ las promesas que ha hecho. >> desde esta maÑana estÁ su puerto de base en curazao, el Ó los Últimos dÍas en estados unidos se reportaron mÁs enfermos. lo que elevarÍa el prÓximo reporte oficial al menos 710 casos de sarampiÓn. anahi:luego de permanecer en cuarentena en el puerto de santa lucÍa por un caso que detectaron de sarampiÓn de fue permitido regresar a su puerto de base en curazao. Éste llevaba 300 pasajeros y realizÁ otro. por eso hay que tomar medidas y en este caso tenÍamos barco atendiÓ a la paciente desde el principio. >> un doctor de la embarcaciÓn solicitÓ 100 dosis de la vacuna contra el sarampiÓn. se las proveyeron de manera gratuita las autoridades de salud de santa lucÍa. por otra parte quienes estuvieron a bordo del crucero llamad

by the way, kelly, i would note. retailers today expanding new high lists retailers getting hit because their input are about to rise. they're the ones paying for tariffs. >> bob, thanks very much bob pisani at the new york stock exchange >>> are we in a full-blown trade war with china how much damage are we talking about to the u.s. and chinese economies? joining me now is john rutledge chief investment officer and kenny is managing office and both are cnbc contributors and mike and steve liesman are here with us. john, i'll kick it off with you. hard to see the glass half full here are we in a trade war? >> i think we're beyond a trade war. we have been in a trade war for the last year and a half now we're now moving into more conflict and more fights with china. this is, call it neocon and call it china hawks if you want, but this is not about chinese reneging on a trade deal the last week, this is the hawks taking control and pushing the trade war off the edge of the table. this is not going to go away. >> john,

according to kelly it began when jacob woll messaged kelly on instagram, do you want to be part of aration? kelly, a 21-year-old gay trump supporter from michigan was intrigued. . on sunday he took a late flight to the washington area, paid for by wohl and jack berkman. they wanted to take down the gay south bend mayor they viewed as trump's top threat in 2020. >> let's take mayor pete. now, can he -- the appeal of him, obviously he's the first gay candidate, he's already kind of pushed beto out of the way as the star kaecandidate. he's raising money hand over first. >> reporter: in the predawn hours monday reviewed a prewritten version of the essay saying he had been sexually assaulted by buttigieg. kelly went to sleep. by the time he woke up 11:00 a.m. monday, he says wohl posted it. it had 12,000 to facebook interactions. it was picked up and reshared by right wing sites like big league politics, infowars, news wars and the gateway pundit. the mainstream media wasn't reporting the claims. but by 2:00 p.m. mayor pete was asked about them name. gop political operative says the campa

kelly started sleepwalking as a child.hospital does she finally feel safe at night. ajury in california has awarded more than $2 billion to a couple who say the world's most widely—used weedkiller, roundup, was responsible for their cancer. the german pharmaceutical company bayer bought monsanto, the makers of roundup, last year. it's the third time bayer has been ordered to pay damages over the product. the company is appealing the decision. from 0akland in california, our correspondent sophie long sent this update. this is the third case. we havejust come from a press conference where we heard from alva and alberta pilliod, the couple concerned this time around. they were clasping each other‘s hands and walking with walking sticks. we were told by their lawyer that alberta has problems standing. alva clearly has problems standing. alva clearly has problems gathering his thoughts and speaking but they both said they blame monsanto for the cancer. they said it has changed their lives. alberta said, we can't do the things w

dom, thank you very much welcome to "the exchange," everyone i'm kelly evans. jobs growth surging in april the u.s. added 263,000 jobs. the unemployment rate fell to 3.6% that's a 50-year low average hourly earnings were a little bit softer. that growth missed estimates the year-on-year gain is now 3.2%, but corporate earnings, meantime, are now showing some growth of their own. they're just shy of 1% for the first quarter, according to refinitive last month, earnings were expected to drop 2%. bob pisani's been all over that and this rally today let's get more with him down at the new york stock exchange. hi, bob. >> hi, kelly happy friday markets are rebounding today after a couple rocky days that saw traders questioning the direction of the fed, and indeed, the direction of trade talks. traders are trying to convince themselves today that the data in the last week will keep the fed from raising and will not keep them from considering a rate cut in the future the markets have been worried that the strong gdp numbers last week and the potential of a strong jobs

pablo : muchos criticaron a john kelly y lo acusan de corrupto. decir que es parte de su experiencia. donald trump amplÍa mÁs la red de centros de detenciÓn. acaba de otorgartres contratos. para lobato, univisiÓn. -- pablo gato, univisiÓn. presentadora: un niÑo muriÓ luego su familia quisiera cruzar el rÍo bravo en un colchÓn inflable. un bebÉ muriÓ y otros desaparecieron. el hermano del bebÉ y sus padres lograronsalvarse. >> el cuerpo se encontrÓ a ocho millas de la orilla del rÍo. >> estamos demasiado tristes. si no has perdido un hijo, a lo mejor puedes saber como se siente, pero solo como padre tienes que estar en la situaciÓn para entender de verdad. marÍa: en lo que va del aÑo fiscal ha respondido 200 casos similares. la ciudad de minatitlÁn fue escenario de una balacera entre militares y la delincuencia organizada que dejÓ muertos y heridos en ambos bandos. alberto garcÍa tiene el reporte. >> un enfrentamiento en esta zona. alberto: balacera en pleno centro de la ciudad. resulta la muerte de dos policÍas, un delincuente abatido y seis eleme

kelly, kelly!> the 37-year-old tweeted, quote, not gonna lie, i may or may not have broken down in tears after the show from pain but i flew home directly after the event, nailed the surgery, and feeling awesome now. bye bye appendix. #theshowmustgoon. >> "e.t.'s" learned the unstoppable singer plans to be on "the voice" for their live show on monday. >>> next, a britney update one week after leaving a mental health facility. >> a source tells "e.t.," family and friends were worried about her leaving, but now, they're all incredibly relieved to see her happy and thriving. we're told the very first thing she did was see her boys. > what did you need therapy for? >> i think there are periods in everyone's life where you kind of get, kind of recluse inside and you, like, you're not -- your creative outlet is kind of cut off. >> after years of therapy for her bipolar disorder, our source says brit knew she needed help and now she's agreed to continue to take care of herself. >>> and finally, selma blai

kelly continues to deny any wrongdoing. jericka duncan, cbs news. >>> newly released details show that a plea deal be jussie smollett would have included an admission of guilty. according to a chicago station wbbm, the state attorney's office notified them it would have included a infoo and community service a month before charges were dropped. the state attorney's office said the case was treated like others that have gone through an alternative model. additional notes and video from the case are expected to be released in the coming days or weeks. >>> a missouri judge is expected to rule today on whether to grant an order that would allow the state's only abortion clinic to keep its license to perform abortions. yesterday a judge heard arguments from planned parenthood on its request for a temporary restraining order. that order would prohibit the state from allowing the st. louis lie sense to lapse. the missouri of health and human services says it may not renew the license which expires at midnight tonight. >>> the nati

and then the social worker puts the packet into kelly's spot. so we can actually have someone like dr. leery would know when he practices, how long does that process take. he's not here today. but we can certainly get that for you. >> but dr. leery might have one practice and dr. song might have a completely separate practice. and dr. tell has another practice. >> yes. from my knowledge, that's not the case. they have a standardized process on the inpatient service in terms of how they do the referrals. >> you just don't know the length of time -- but nobody knows? >> i'm not a practicing psychiatrist. i don't fill it out. we have to have one of them come up here and answer that question, because they do it every day. >> you knew that this hearing was taking place. you knew wait times has been a major issue. >> absolutely. >> yes. and you're coming to us to present this information, you've had a huge b.l.a. report done. and you can't answer that simple question? >> if i had anticipated that was your question, i would have made sure -- >> that's

kelly clarkson tv show. >> i'm very excited. i'm like, really excited about it.'m slightly terrified that people have that much confidence in me. >> we went back through our "e.t." vault and described ellen and kelly have shared a near-ver bat imoutlook. >> it will be good. >> it's going to when it's going to be. >> meanwhile, over at her current gig, the voice, kelly could only sit and watch as john legend and blake shelton battled last night on finale. john got the win, was his celebrationless than legendary. listen what john called blake. >>> but right now, brad and lee yo conquer cannes. the megastars are in one movie together and once a upon in time hollywood received a ten-minute standing ovation. there was one awkward moment as everybody wanted a piece of the star. >> brad, can we take -- >> an all-out brad pitt frenzy in cannes today after a photo call with leo, the 57-year-old actor stopped for selfies. then it was off to an international press conference where leo joined dicaprio talked about their sin mattic bond. >> it was a comfort to work alongside

kelly ripping into the entire franchise and the women who appear on it. but hannah b.s fighting back. >> you know how i feel about the show? it disgusts me. >> i think kelly and i just agree to disagree. >> all you women watch that gross, gross show. >> i wouldn't be the bachelorette if i didn't believe in the process and how it has made me so empowered to be myself. >> i was like ew, ew, ew. >> kelly's cutting comments set off a firestorm of "bachelor" nation backlash. and when she came face to face with hannah yesterday it was awkward. >> i am very against women fighting over a guy. >> being a part of the show, it's not women fighting against each other. some of my best friends came from the show and were really supportive. i don't think anybody can really get it until you're there. >> this isn't the first time kelly has shaded the franchise.. >> you need to run awayyoneed t. what's the matter with you? >> but this time, "bachelor" creator mike fleiss bit back, tweeting, quote, easy, kellyripa, the bachelor franchise pays your salary. that caused another abc star to

kelly behind bars. you know?talked about wanting him to heal, to get counseling, to get services that will help him become a better person. and i'm certainly in favor of that, too, but i think that he represents a very distinct danger to society. i think that there are women and girls that are in danger, as long as he's able to have access to them. and while this is an outcome that i very rarely believe in endorsing, i think the best place for r. kelly to be is behind bars. >> jamilla lamiele, good to see you. thank you. >>> we are moments from the closing bell. nine minutes to go. the dow is down just over 300 points. this is after the president announced he is adding tariffs on all imports from mexico. details on how that could impact your budget. with priceline, bundling our lowest prices on flights, hotels and rental cars means you spend less time planning and more time travelling. we like that! by the way, these chairs are ours. everyone is already sitting. by the way, these chairs are ours. - anncr: as you

. >> i wonder if it makes sense to call kelly up to talk about -- kelly is our director of transitions to talk about the actual residential access to residential bed. maybe we go go through the chart on page 9 of the b.l.a. report. okay. the b.l.a. report. and then before we go through that chart, kelly, let me just ask you. so when we're looking at this report, can you -- what are we tracking? what is the information we're getting here? from what point to what point are the wait times on this chart? >> sure. so on this chart ... yeah. so on this chart you're tracking -- let's see, one, two, three, four, five, six, seven, eight different levels of care on this chart. so that's why the wait times are so variable, because the waits for different levels of care. >> no, no, of course. i'm wondering -- my first question is what are we tracking with these wait times? like what i would like to see tracked, for example, is the minute a clinician decides this level of care is no longer appropriate for you. we need, you know, a different level of care, a different type of care for you. to the ti

kelly? >> let's get to seema mody at the new york stock exchange with the latest on the trading action this hour. seema? >> kelly, higher yields, lower volatility and upbeat comments from president trump on trade and the dow up triple digits, about 100 points 25,589 a broader rebound for industrials, tech, financials which closed down in yesterday's trade. also take a look at utilities. another record high, now up 2% for the week let's dig in a little further because 16 out of the 35 companies on the s&p 500 that have hit 52 week highs today are the utilities. names like american electric power and southern companies that is an electric and gas utility firm based out of atlanta. check out their dividend it shows you how investors continue to value companies that are higher quality and dividend paying 5% dividend for southern american electric power at 3% and the question, whether there's further upside left in the sector price attorneyinto earnings rat. it is trading at a premium to its hist

>> kelly, we are hitting the lows of the day. stocks are having several problems today because of steve mnuchin's comments, as eamon mentioned. that's woken investors up to the fact that the odds of a tariff increase this friday are much higher than the markets has appreciated in the past. even with the chinese vice premier coming on thursday you see all the trade stocks moving to the down side today. the market is just off historic highs because sentiment is positive around the four key factors that have moved stocks this year. first, the fed pivot second, a trade deal and third, china's stimulus program that's creating the perception that china's economy is bottoming and finally, a strong u.s. economy. no trade deal will force investors to lower earnings estimates for 2019 and into 2020, and it will also force them to assign a lower multiple to the markets because global growth will be slower. so, the risk here is to the down side look at this the market might gain, perhaps, 100 points at the s&p if there is a trade deal, but i

i'm kelly evans. the u.s. flash manufacturing pmi fell to nearly a ten-year low but a number of americans filing new claims for unemployment benefits held up well at 211,000. housing home sales down 7% last week coming from a multiyear high revised in march. let's drill down more on the trade turmoil and the markets which are down nearly 450 points bob pisani at the nyse >> hello, kelly. reality is strarting to set in there is no said date for talks to begin there's hope president trump and president xi will meet at the g20 in june but the underlings have not set up any groundwork and there's nothing on the books. if you're bullish on the market, you have to be bullish on global growth but to be bullish on global growth you have to believe trade is getting better. the damage is piling up. the trade relate the names, all down double digits so far this month including the tech guys, intel, apple, industrial material like dupont, 3m, caterpillar as well. nomura a 65% probability if tariffs are put on the addition

r kelly is charged with more sexual offences — he's due in court next week.he lawyer for shamima begum accuses uk authorities of failing to protect her from being trafficked by is. coming up in business: trump's trade bombshell. the president says he'll hit all goods from mexico with tariffs until they curb illegal immigration, rattling global markets. a warm welcome to the programme, briefing you on all you need to know in global news, business and sport. and you can be part of the conversation tell us what you think — just use the hashtag bbc—the—briefing. police in hungary have arrested the captain of a ship, which crashed into a smaller tourist boat on the river danube in budapest. the 64—year—old ukrainian national was held on charges of reckless misconduct. at least seven people died, seven others were rescued — and 21 are still missing. gareth barlow reports. in a split second, the disaster unfolded. in just seven seconds, the mermaid sank. the 40—ton boat, forced into the water, no match for the 1,000—ton viking. the front of the viking hit the back o

r kelly is now accused of 21 cou nts singer.ten cou nts in february, he was accused of ten counts of aggravated criminal sexual abuse. he pleaded not guilty and was released on bail. he was accused of abusing four women, be of whom were underage at the time of the alleged offences. the new charges are believed to be linked to one of those women. they include counts of aggravated criminal sexual assault and abuse of a victim aged between 13 and 16. the singer's lawyer said the charges change nothing since they apply to an existing case. in march, r kelly went on us tv to strongly deny the charges he was then facing. in a tearful, and sometimes combative interview, he said the allegations against him we re said the allegations against him were all lies. how stupid would it be for me to — with my — crazy past and what i've been through, oh, right now i think i'm going to be a monster and hold girls against my will, chain them up in my basement! r kelly is due in court next thursday to answer the charges. peter bowes, bbc news. atta

i'm kelly evans. home prices are pushing higher but the pace of appreciation has cooled the case-shiller index barely rose in march and showed the slowest annual growth in years consumer confidence remains strong confidence clocked in at 134 in may. that's the highest reading since november last year markets remain more abundant this month they are down more than 14% so far in may let's drill down more on these markets with seema mody at the new york stock exchange. seema? >> kelly, we're off the highs. and tech, interestingly enough, holding up relatively well, despite growing concerns about the sector's exposure to china analysts at citi slashing their apple iphones sales in half for fiscal 2020 to 16.8 million units over worries that desire for apple iphones could be hurt pie china's nationalist tone apple on track for its worst month this year down nearly 11%. and there are a couple of consumer driven companies that view china as a growth market, including canada goose getting set to report tomorr

i'm kelly evans. a major development on brexit.heresa may offering lawmakers the chance to hold a second brexit referendum if they approve her latest deal. her previous offers had been rejected three times new reports now say the labor party won't even support this brexit deal. we're watching the british pound and other markets. >>> back in the u.s., home sales fell in april despite a big drop in mortgage rates. sales were 4.4% down year on year that's the 14th straight month of annual declines let's get back to these markets, bob pisani at the new york stock exchange. >> today is proof the china trade story is the marginal mover of the market and has been all month after the trump administration delayed the huawei restrictions, all the trade related sectors trading up look here, semis, china stocks, metals and mining stocks, industrials, these are all trade related names. they're all the leaders today. the top percentage gainers on the dow, they're all trade related dow dupont, caterpillar, intel, apple, what a ride apple has been

kelly says bernard's criminal history isn't very long. he was you know obviously looking at a criminal case before but he made it worse with escape. >>that being we can use we could still get through this in a peaceful way if you just turn self and kelly says the sheriff's office has bernard cell phone and other properties so they don't believe he's gone very far. >>likely somewhere in the southern part of the county between hayward and fremont in free monthly to call kron 4 news. >>coming up 6 a man is accused of peeping on dozens of people in a college library restroom and now police are asking for help in apprehending him now that marijuana has been legal for some time a new study sheds light on some of the negative effects of legal weed. >>and as another state passes new abortion restrictions, the future of roe v wade is cast into doubt. coming up an interview with a medical expert and how the new laws could affect women's health. >>they look at storm track 4 radar as a big storm rolls through the bay area you can see where where the

kelly?> she said we thought we would never sell another home again in december what's amazing, that's all because of the spike in mortgage rates, which, you know, historically speaking, didn't go that high but 10 year was 3.25 and enough to do the damage. >> it was a big shift. 5% on the 30 year fix and did come back down in december and down quite a bit now that combined with the government shutdown and the volatility in the stock market and just consumer sentiment fell off the cliff and it was amazing to hear a large production builder like that say it in such stark terms. >> fascinating thank you very much, diana olick. cnbc's next capital exchange event discussing global trade in washington on june 11th. you don't want to miss it. >>> from building houses to rebuilding airports, most struggling to handle the growing number of passengers and flights. phil >> reporter: right here in new orleans at the new orleans airport, the new north terminal. this is going to open up later this year and

r kelly has been charged with more sexual offences. he's due in court next week.nd scientists develop a genetically enhanced fungus that can kill malaria spreading mosquitoes. president trump has launched a particularly fierce and personal attack without giving any evidence on former special counsel robert mueller. mr mueller made headlines this week with a rare public statement, reiterating that his russia ainquiry did not clear the president of obstructing justice. mr trump spoke today about russian election interference and moves by the democrats to impeach him before laying into robert mueller. our washington correspondent chris buckler has more. the president has been unable to hide his fury at the man who examined his every action during the 2016 election campaign. and concluded that russia had made significant efforts to interfere with the vote, something that president trump seemed to briefly acknowledge with this tweet, in which he specifically stated that he had nothing to do with russia helping him to get elected. no, russia did not help me get elected.

i'm kelly evans. let's get right to the stock story of the day the buzziest and most talked about ipo uber opening below its $45 stock price. leslie is at the new york stock exchange where it went down. >> reporter: it's a rare sight to see uber slipping, climbing back over the last half hour or so the question now is whether that upward momentum is actual buying and selling and trading or is it being supported by uber stabilization agent morgan stanley? i've asked sources haven't gotten an exact answer as to what is the cause of the upward momentum that we've seen. it's rare for a company of uber's size and brand to price toward the low end of the range and also rare to see a multibillion-dollar deal fall right out of the gate. we spoke yesterday, kelly, about the command and how it was somewhat more muted than many were anticipates some thought retail investors could drive the price higher it doesn't appear to be the case yet today on a large scale also remember, uber also has in terms of their cap

i'm kelly evans. durable goods orders dropped 2%. civilian aircraft orders fall sharply 25%, and on the back of the news, jpmorgan is cutting its second quarter gdp forecast to just 1%, down from 2.25%. markets are taking that in stride seema? >> retail is a big topic of discussion, how they deal with the tariffs, eat the cost associated with the 25% tariff or pass it on to the consumer? this week a growing number of retailers said the 25% tariff will push them to raise prices still, the big retailers, wal marpt and target over the special names like kohl's and jcpenney, their diverse product portfolio, more flexible pricing and slowly improving digital strategy comps have been better at big retail up 4.8% for target versus a 5.5% drop at jocpenney. shares of target and walmart outperformed the broader retail sector, target up about 14% just this week. kelly, back to you >> seema, thanks very much it has been a big week for retail and we're beginning to get forecasts and studying gauging the impact of the new tariffs on the u.s. econ

we wish him the best kelly, back to you >> i don't think he should come to the knicks. much about 30 minutes to go until "power lunch." i'm joined by tyler mathisen for a special appearance at the morning star conference in chicago. good to see you. >> great to see you. welcome to chicago, everybody. where we're at the morning star annual investment conference where the individuals who run a lot of your money, i don't mean your, kelly, but everybody's, are here to hear from some of the top portfolio managers we'll also reveal in the next hour the winners of the morning star investing excellence awards a new set that morning star came up with and what a day to be here the world is heating up. it's obvious with tensions now with north korea iran and obviously the trade talks, so we'll talk to two of the winners with morning star top of the hour and get their take on trade. what to do in volatility and opportunity all that and more. top of the hour. see you then >> thank you tyler mathisen here is still ahead on the exchange >> coming up, one stock is up 160% this year wit

leslie >> reporter: kelly, that's right.ebook's annual shareholder meeting beginning about ten minutes ago here at hotel nia here in menlo park, california so far, gone through the various shareholder proposals where they'll present various ideas to the other investors in attendance and mark zuckerberg is expected to give his remarks shortly. investors will vote on 12 items today. four of them proposed by the company, director elections with the auditor and those are expected to pass but there are also 8 proposals by shareholders. these include things like eradicating the dual share structure, appointing independent chairman not named mark zuckerberg and exploring a potential break-up or sale of assets within the company. so those are expected to get some shareholder support, especially outside of the insiders who hold the stock, but it's not expected to pass because mark zuckerberg holds a majority of the voting power of facebook stocks. so outside of the meeting, protesters were hoping for a little bit more influence with

. >> indeed, it does, kelly. we'll see you over here in just a moment or two. i'm tyler mathisen >>> new at 2:00, stocks go south as investors look east markets being too optimistic about getting a trade deal done quickly with china so do investors need to reset or is that what we've been a part of the last few weeks? another area, trade tensions felt is in the oil market. crude tanking today down 12% in the last month how low might prices go? another worrying call on tesla and consumer reports, warning about auto pilot feature in the tesla and they will speak to us first about it as "power lunch" begins right now let's bring you up to date on this sell-off on wall street right now. the dow and the s&p having their biggest drop since may 13th. that's not all that long ago about ten days or so dow falling 445 points at session lows and looking straight in the eyes of its fifth straight week of losses. i mentioned oil a moment ago and crude is down almost 6% right now. on the benchmark 10 year treasury, get this hitting lowest levels since back in december of 201

trump. >> apparently, she did not rub general kelly the wrong way.only were they high ranking staffers in the west wing but the fact that they obviously had a lot of influence on president trump and when he thought about things particularly ivanka trump who could get in his ear whenever she wanted was something that he had to deal with and something that made his job harder. >> john kelly spent a lot of time trying to restrict and edit who got to the president and the current acting chief of staff is not making those efforts. >> good luck. thanks for joining us. see you back here this time. don't go anywhere. >>> underway right now, the u.s. is in a constitutional crisis according to the man whose committee could hold the attorney general in contempt as the president defies congress. plus he conned america. new evidence shows donald trump the businessman wasn't very good at it. the question is, was it illegal and who propped him up financially? and is america now numb to school violence? another school shooting this academic year rocking colorado as

general kelly was successful. if you look at the period when he was chief of staff, jared and ivanka were very, very quiet during that period. it's the president who was -- who couldn't pull the trigger. and i think that shows that ultimately, ivanka, more so than jared, jared is there because he's her husband but the president cannot say no to his daughter, which means this white house is essentially a family business. >> as far as you know, what was ivanka's agenda? does she have one? >> you know, i say in the book she certainly for a while made it clear she had presidential ambitions for herself, and i think that john kelly really got in the way of those. i think we perhaps are beginning to see the rise of them back again with the very regal tour she had in africa. but, you know, you also see everything that ivanka does in terms of policy sort of ties in with her personal brand. there she was advocating for the expansion of the childcare tax credit. that's all well and good but at the same time she owned her ow

is the one holding up relatively well >> i'll tell you, kelly. we have a dynamic really going into last fall where we had the same setup. it's the trade partners and certainly asia and most definitely china, which is 40% of the min index were taking it on the chin, people felt it was this whole story, we were talking about the rest of the world. at one point it would feed through. i think when you give ceos some cloudiness in terms of what they can do, in terms of their enterprise spends in capex i think it will roost here in at least some way where we were already in a bit of a temporary call this, we were seeing some green shoots around the rest of the world. people were encouraged by that markets right now to me if you look at the s&p. it's about the multiple you want to pay in the environment f. fed is the most important dynamic to all of this. i actually think the fed is probably your friend and equities get a higher multiple in this environment. >> all right guys, we appreciate it tim seymour, quincy crosby and derrick scissors >>> from bat

kelly? >> tyler, thanks let's go to seema mody with more on the trading action this hour at the new york stock exchange >> reporter: a choppy day of trade. we were up triple digits in early trade and just around the european close, gains faded and right now, we're trading basically flat with the dow down and s&p 500 lower by 3 when you take a look at certain sectors, you see the lower yields didn't play a big role in helping utilities and real estate move higher today tech is higher by half a percent and if you dig deeper, a number of subsectors within tech are posting gains, specifically, the chip makers led by advanced micma micro devices and lisa suu about growth and data centers and gaming speaking of gaming, activision blizzard, the company is on the cusp of an earnings influx signing a number of new announcements but take a look at a longer term chart for the gaming stocks. interesting news there underperforming peers, electron arts and zinnga so far in 2019 tech leading the way back t

>> it's a significant date, of course, in history, kelly. i'm not told it will be on the date, june 4th that is the anniversary, but it will be around the date. it might not be next week, but just that the speech is in the works and the content is currently being crafted at the same time as some of these additional sanctions are being weighed. we'll wait and see exactly what that speech turns out to say, whether it is hawkish, whether it gets watered down china is ramping up threats of its own. >> fascinating, kayla, thanks very much. >>> is it trade? is it bond yields? is it the economy? is it the fed? investors digesting a number of issues on squawk box earlier today, dallas fed president richard fischer made the case that sometimes a downturn is inevitable no matter what the policy. >> at some point the cycle turns. you've got to have something in your pocket to spend to mitigate a downturn i hope the fed saves some of those nuts for when winter comes. >> let me bring in bill smead from smead capital management. rick santelli is here onse

you heard from halle, you heard from kelly. the question here is, americans want to know, congress issues a subpoena. it wants information. the president says, you don't get it. they ask for taxes, mnuchin says, you don't get it. they ask for mcgahn to testify. they said, you don't get it. mueller, barr is facing a possibility of contempt of congress. what does this all mean? does anybody get in trouble for not giving congress what it wants? >> well, historically, there are very few court decisions that tell us where to draw that line, congress's power stops, the president's power to keep it secret begins, that's because historically normal presidents have reached accommodations and compromises. you don't get the supreme court that says this is the red line. what is different, president trump seems like his relishs this fight. he wants to have it. so the bad optics that have constrained previous presidents. >> does not constrain the president. >> they do not to. >> it's hard to argue this is congress versus the president. mitch

i'll join melissa for "power lunch" which begins right now. >>> thank you, kelly see you in a moment. tyler mathisen with the healthy returns conference, join us in a moment new at 2:00, the smart money betting the sell-off is over and the correction has run its course are the hedge funds right and what do you do from here china digging in to heels on trade talks signaling a long road ahead plus the new risk emerging in this trade war and tesla at $10, a new call on the worst-case scenario. that stock down 40% this year at the lowest level in 2.5 years. where's it go from here and when the margin calls begin to hit elon musk. "power lunch" starts right now let's get a check on the markets at this hour nice gains on wall street. the major averages up for the first time in three sessions dow up 195 at the highs and 174 right now and s&p 500 up 26. almost a percent apple one of the stocks fueling this market but investors still getting more defensive the dow utilities set yet another record intraday high kelly? >> let's get to team coverage at the nyse china's xi is turning up the heat o

. -- jason and i'm jason kelly.e are here at bloomberg headquarters in new york. >> in this week's issue, fighting the world's greatest art. >> and the potential $7 billion tax bill facing the heris of samsung's chairman. >> and the rich are richer than we all thought. jason: and one man is uncovering inequality in a whole new way. editor joel weber joins us now. you and i were talking and i ask what the cover was an you told me. this is an amazing one. . >> what we tried to do is follow where the money is. there is one guy who is incredibly good where the richest in the world with their money. a lot of it has been hidden. he has been a wealth detective who has been our two -- able to .cour data he has revealed how rich the richest are. carol: you made that distinction between income and wealth. >> that's right. and one of the things that was brought to the forefront is this wealth disparity, that income inequality that has become such a big part of the zeitgeist. his data has really been seized by democrat candidat

a proud father of his two sons, john and paul david kelly.because he was always shaking soldiers hands, no matter what the rank. he was a helicopter pilot. in 2007, he was lost in iraq. 10 years later, july 20, 2017, 10 years after his father died in iraq, his son paul, david, -- his son paul david kelly enlisted in the virginia national guard. his brother, john, and his wonderful mother, maria, are here with us today. [applause] you honor us by your presence. three generations of service are inspirations to us all. these stories of heroes we know from beginning to end. but it is important on this memorial day to remember. for some families of our fallen, there is an added burden. the burden of having their loved one resting a place known but to god. last year on this solemn occasion, our president promised we would never stop searching for the servicemen and women who remain missing from wars and conflicts fought over the past century. we have never stopped. last june, at his first historic summit in singapore, chairman kim jong-un, presiden

is what john kelly said there accura accurate? like john kelly is talking about a parallel universe. he said they were carried out for humanitarian reasons. he said he was considering the separation policy as a deterrent. our colleague reported way back in 2017 they were thinking about that. that's the reason he came out and talking to wolf blitzer so to hear him with his revisionist history about why they took 3,000 kids, more than that, we still don't know the number away from their parents, it's disappointing and shocking and it's not true. >> where are we on the idea they separated kids from their par parents and didn't keep track of or have way to think about what would happen next in terms of reuniting them? >> we obtained e-mails last week talking about just a couple of days after the end of the separations where the kids were, who the kids were and how to get them back together with their parents and the bottom line is they didn't know. there was never plan. the administration says this was a plan. the new dhs secretary sa

kelly. saving taxpayer dollars. how does a stable workforce save taxpayer dollars, how much do you think was wasted over the fiscal year 2016, 2017, over attrition, every time you hire 70 is the cost. every time you train somebody there's a cost. can you talk on the issue? >> cost of taxpayers beyond the dangers of security or not. >> chairman, as i mentioned in my opening statement, fiscal year 2017, tsa spent $75 million to hire and train roughly 9000 individuals that they brought on board. >> $75 million. how much is that per new individual that is higher. >> it is cost tsa about $8500 to train and hire someone. >> thank you very much. that being said i'm going to turnover to ms. lasko for five minutes of questions. >> thank you, mr. chairman. i first question is for mr. neil. thank you for your work on this blue-ribbon panel. as you said in your opening statement and in report he strongly suggests the tsa not adopt the general schedule and you gave some of the reasons of why. what -- why