had a settlement of kpmg a $50 million fine coming from the s.e.c. for ethics problems at kpmg.k a few years but this is the final settlement with. this what have you done to address this within the firm >> well, our business is based on trust and we did have a failure. the opportunity for us to -- we acted swiftly. we took decisive action and this settlement with the s.e.c. really allows us to have closure. but also we have learned some really valuable lessons. we focused on culture. we have focused on compliant as well as governance. and this allows us to move forward a stronger kpmg. >> let's talk about the women's leadership summit which is why we're here today you're bringing together hundreds of women who are maybe a step or two step away from the c suite. they have been nominated by their ceos to come here. what do you hear from them >> at kpmg we care so deeply about developing and advancing women. and this summit is all about getting more women into the c-suite. so today this is our fifth annual summit. and this is an opportunity for these women to hear and be inspired

at kpmg, we believe success requires both.r broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg >>> outrage over the trump administration's plan for migrant children who have been caught at the border. "time" magazine reporting this. the trump administration detaining immigrant children in an army base that was literally used for japanese internment in world war ii. the government shelters having exceeded capacity. military bases have been used before including in 2014 under the obama administration. there it was a temporary measure, closed down after four months with the zero tolerance policy that was implemented here. it is all part of the crackdown. as said there were about 13,000 unaccompanied children in custody, the government running out of space. the next guest is an actor and brings a personal perspective on this issue. he spent part of his childhood in internment comprehends and has a memoire about those experiences. they called us enemy. coming out next month

at kpmg, we believe success requires both. with our broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg >>> welcome back to "power lunch. i'm michael santoli at the new york stock exchange. campbell's soup heating up after its earnings beat this week. stock rallying 18% since monday. best week for performance in 30 years. will this piping hot staples trade cool off or not? greg johnson of pooep epiper ja and this nice rally, how do you view it from here? >> at this point in time, i would be asking for seconds at this point in time and if you look at this chart, it is constructed that we reversed the down trend off the 16 highs but from our perspective, the stock starting to get short-term overbought we wait for a pullback to 40 before we step up and try to buy this stock >> quinn, i guess you have to believe a few things if you want to bet heavily on campbell's defense stocks do better and strategically, campbell's can figure this out in a tough part of the food busines

at kpmg, we believe success requires both. with our broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg wake up! there's a lot that needs to get done today. small things. big things. too hard to do alone things. day after day, you need to get it all done. and here to listen and help you through it all is bank of america. with the expertise and know-how you need to reach that blissful state of done-ness. so let's get after it. ♪ everything is all right what would you like the power to do?® ♪ all right what would you like the power to do?® be go[ laughing ] gone. woo hoo. ♪ welcome to my house mmm, mmm, mmmmm. ball. ball. ball. awww, who's a good boy? it's me. me, me, me. yuck, that's gross. you got to get that under control. [ dogs howling ] seriously? embrace the mischief. say "get pets tickets" into your x1 voice remote to see it in theaters. >>> house democratic leaders say they're not quite ready to begin impeachment proceedings but they want to hold him accountable.

at kpmg, we believe success requires both. with our broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg iand i don't add up the years. but what i do count on... is staying happy and healthy. so, i add protein, vitamins and minerals to my diet with boost®. boost® high protein nutritional drink has 20 grams of protein, along with 26 essential vitamins and minerals your body needs. all with guaranteed great taste. and now try new boost® peaches and creme natural flavor. with 27 vitamins and minerals and 10 grams of protein. boost®. be up for life™. this is jamie. you're going to be seeing a lot more of him now. -i'm not calling him "dad." -oh, n-no. -look, [sighs] i get it. some new guy comes in helping your mom bundle and save with progressive, but hey, we're all in this together. right, champ? -i'm getting more nuggets. -how about some carrots? you don't want to ruin your dinner. -you're not my dad! -that's fair. overstepped. -that's fair. patients that i see about dry m

at kpmg, we believe success requires both.our broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg >>> welcome back to "fast money," the calls for breaking up big tech are getting louder as the committee is launching an investigation to silicon valley's former tech darlings and the fears are front and center going on right now. take a look at the head of instagram. >> if we split it up it might make a lot of my life easier, and it would be beneficial for me as an individual, but i just think it's a terrible idea and it depends on what problem you're trying to solve if you're trying to solve election integrity and trying to approach issues like hate speech, and you split us up it would just make it exponentially more difficult particularly for us in instagram to keep people safe right now there are more people that work on integrity and safety issues on facebook than anybody who works on instagram. >> youtube warning that heavy handed regulation may do to the company. >>

at kpmg, we believe success requires both.r broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg >>> welcome back to our live debate coverage out of miami. and i can tell you, i just came from checking out the stage and podiums inside the hall at tonight's debate. we were looking at lecterns. they're packed. any candidate can basically shake hands with their neighbor without leaving their position. while i was there, we saw a series of candidates come in and inspect the digs themselves. they get solo time to get a feel for the room and get comfortable. there were karnds, you can see warren walking through but some candidates skipped that option. cory booker dr a point of doing some weight lifting in a shirt and tie. you have every candidate figuring out their own personal style for prepping for what could be the biggest night of the campaign thus far. >> a lot of them are going to work out today. beto o'rourke holding an event here in the miami area yesterday said listen

at kpmg, we believe success requires both. services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg ♪ applebee's new loaded chicken fajitas. now only $10.99. when you start with a better that's no way to treat a dog... ...you can do no wrong. where did you learn that? the internet... yeah? mmm! with no artificial preservatives or added nitrates or nitrites, it's all for the love of hot dogs. cancer is the ugliest disease mankind has ever faced. we got the idea that if we took two dimensional patient imaging and put it in holographic displays, we could dissect around the tumor so we can safely remove it. when we first started, we felt like this might just not be possible but verizon 5g ultra wideband will give us the ability to do this. ♪ >>> as we've been reporting the president officially kicked off his re-election campaign tonight in florida where he was greeted by a quinnipiac poll released today showing he is losing the state of florida to six democratic presidential candidates in one-

at kpmg, we believe success requires both.oad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg when crabe stronger...strong, with new nicorette coated ice mint. layered with flavor... it's the first and only coated nicotine lozenge. for an amazing taste... ...that outlasts your craving. new nicorette ice mint. >>> democratic presidential candidates are gathering for a major liberal forum today. reverend barber coe hosting the poor people's campaign presidential forum. msnbc's own joy reid will be there. it tackles policy on immigration which is a huge issue for democrats on the trail. >> on the issue of immigration, he has also defied who we are morally and who we say we are to the world. >> the humanitarian crisis created by this president through cruel policies like family separation. >> the muramerica i see values basic human decency, not snatching children from their parents. >> it's a disturbing picture. they're all on concrete floors in cages. >> this is a moral vand

at kpmg, we believe success requires both.ith our broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg >>> we're back you guys want to continue or are we good? >> we're good. >> a pretty interesting conversation >> phil is here. >> all right hilton grand vacations has risen 18% in the past -- let's just go to options activity. whatever you want to call it unusual activity >> unusual >> jon and peter at the telestrator. another conversation over here >> hilton grand vacations, judge. look at this one 18%. pretty quickly here, it's up to about $31 a share, and they are buying options that expire in july at the 32 strike. that's why we saw it on our volume heat seeker today as you can say it's traded nearly 5,000 of those. they're just out of the money because the stock has been rising throughout the session. i bought these calls i'll probably be in them, well, all the way until about a week before expiration. i won't ride it all the way. take a look at whiting wll. you alr

at kpmg, we believe success requires both.ur broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg >>> this is one of those days when in addition to everything that has happened in the news there's also a bunch of stuff that is about to happen that we've been sort of watching for and waiting for all day and into this evening. one of the things we've been watching for involves the criminal case about trump's national security adviser mike flynn. a couple weeks ago the judge in the flynn case ordered prosecutors to produce specific documents and make them public including the transcripts of mike flynn's calls with the russian government during the presidential transition. these are the calls about which flynn later pled guilty to lying to the fbi about them. well, the dealt for federal prosecutors to have complied with that order and released the transcript of flynn's conversations with the russians was this past friday. sort of amazingly prosecutors didn't comply with that

at kpmg, we believe success requires both. of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg >>> it says right here on the back of this book, joy reid masterfully combines st immediacy of news reporting, the sb intimacy of a memoir and sweep of a history book from the anti-immigrant know-nothing party of the 1850s to nelson mandela's post-apartheid attempt at reconciliation. because i wrote that on the back of her book. the man who sold america delivers a compelling account of how we got to trumpism and what will happen next. and joining us now is joy reid. msnbc national correspondent, host of "a.m. joy" on msnbc and author of "the man who sold ameri americ america" "trump and the unraveling of the american story." the trump story that's unraveling tonight because there's always a trump story unracu unraveling at all times. >> oh, yeah. >> we have the, i just discovered some people would get injured if i have a missile strike at iran. that unravelled, that lie. he now says tonig

at kpmg, we believe success requires both.ith our broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg >> announcer: close to america's employment picture from the adp report are there any signs of trade turmoil impacting jobs tomorrow 6:00 a.m. eastern on "squawk box. ♪ >>> welcome back to "the halftime report," options traders making a big bet on paypal and one healthcare name jon najarian at the telestrator with the unusual activity. doc, paypal's up 2%. >> yeah. they started buying calls when the stock was right around 107 this morning, scott. it's up $107.75 right now and these calls continue to move to the upside as you would expect they were buying short dated calls, though, july 5th expiration calls in here the earnings, i believe, are about july 24th so it's not an earnings play but between now and the time these calls, they're basically predicting about a $5 or some sort of pop to the upside. that would be huge you can see that we had big accumulations here on

at kpmg, we believe success requires both.es and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg mno kidding.rd. but moving your internet and tv? that's easy. easy?! easy? easy. because now xfinity lets you transfer your service online in just about a minute with a few simple steps. really? really. that was easy. yup. plus, with two-hour appointment windows, it's all on your schedule. awesome. now all you have to do is move...that thing. [ sigh ] introducing an easier way to move with xfinity. it's just another way we're working to make your life simple, easy, awesome. go to xfinity.com/moving to get started. a >>> welcome back. tonight in 2020 vision, much to the chagrin of the national republican party, judge roy moore is running for senate once again. >> yes, i will run for the united states senate in 2020. can i win? yes, i can win. not only can i, they know i can. that's why there is such opposition. >> moore narrowly lost the special election for this seat back in 2017 to democrat doug j

at kpmg, we believe success requires both. with our broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg chloe, why is there a lamp shade on your head? shhh. my owner might have given me a little bit of catnip. uh. [ laughing ] that's great. listen... it is great, gidget. everything is grand. [ meow ] [ purring ] [ growl ] are you finished? [ cooing ] that was weird. oh sister it's going to get way weirder. >>> welcome back to "fast money," tesla's shares careening, this despite continued assurances from elon musk that demand for tesla vehicles remains high and the vehicle maker will still meet its steep production and delivery goals but now with the shares down 46% this year, hitting its lowest level in over 3 years, our next guest says charts of tesla are actually looking so bad that now is your chance to buy. chart master carter is over to tell us why tesla is about to do a u-turn >> well, interestingly, in a very bad day, it's very rare if you have a down tape for te

at kpmg, we believe success requires both.nge of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg do your asthma symptoms ever hold you back? about 50% of people with severe asthma have too many cells called eosinophils in their lungs. eosinophils are a key cause of severe asthma. fasenra is designed to target and remove these cells. fasenra is an add-on injection for people 12 and up with asthma driven by eosinophils. fasenra is not a rescue medicine or for other eosinophilic conditions. fasenra is proven to help prevent severe asthma attacks, improve breathing, and can lower oral steroid use. fasenra may cause allergic reactions. get help right away if you have swelling of your face, mouth, and tongue, or trouble breathing. don't stop your asthma treatments unless your doctor tells you to. tell your doctor if you have a parasitic infection or your asthma worsens. headache and sore throat may occur. haven't you missed enough? ask an asthma specialist about fasenra. if you can't af

, and kpmg -- i forget, it is to support emergency data services to make sure that, you know, we safeguard the s.f. d.b.h. information system, and then one more contract. the contract with family service agencies, which includes two programs. the one is the beam up, and the other is the acute language. this program is to target youth from 16 to 24, and in addition, we also have reviewed the drafts san francisco have put together for the report -- no, i've got the wrong one, sorry. okay, we will review the annual contract report for submission to the board of supervisors under chapter 57. we also have approved a current contract list under chapter 21 of the administrative code, and we also have discussions about the annual contingency report for submission to the board of supervisor, and lastly, we heard some great news from mr. wegner that -- on the third quarter of our revenue and expenditure projection report, we are still in the green, so that has come through with the meeting. thank you. >> commissioners, comments or questions? >> yes, thank you. i just wanted to commend all the commis

at kpmg, we believe success requires both.nge of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg >>> welcome back, everyone i'm sue herera here is your cnbc news update at this hour. president trump said he may not tell the fbi if a foreign government offered damaging information against a 2020 rival, telling abc news, quote, maybe you do both, end quote, when asked if he would accept such info from foreigners and hand it over to the fbi. >> i think you might want to listen there is nothing wrong with listening. if somebody called, from a country, norway, we have information on your opponent, oh, i think i would want to hear it >> thursday's legislative meetings were suspended in hong kong following yesterday's violent clashes between police and protesters the government was set to debate the controversial extradition measure yesterday, when protesters shut down those meetings as well >>> and finally, the st. louis blues are the new nhl champions after defeating the boston bruins

at kpmg, we believe success requires both.broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from managing inventory... to detecting and preventing threats... to scaling up your production. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. whai tell clients, etfs can follow an index, but which ones target your goals? it's not about quantity. it's about quality. no trendy stuff. i want etfs backed by research. is it built for the long-term? my reputation depends on it. flexshares etfs are designed and managed around investor objectives. so you can advise with confidence. before investing, consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. >>> time for word on the street. 33 minutes left of trade kellogg

at kpmg, we believe success requires both.p you anticipate tomorrow and deliver today. kpmg >>> let's get to the santelli exchange good morning, rick >> good morning. our special guest, like we have nothing to talk about, right if he had meeting next week. boy, good data today which should give us nice revisions to gdp. >> that's right. >> it was a good one this month. >> yes, that should help the second quarter >> it's very similar as we started out in the first quarter, looking weak and then we gain traction to the upside another topic, not so happy, maybe, it all depends on what side of the market, we saw inflation expectations from the university of michigan really take a plunge. >> not only take a plunge, but 2.2 is the lowest ever in the history of the survey. consumers expect less inflation now than they did at the depths of the recession in 2008, 2009 there is no inflation expected anywhere in this economy >> that brings us to the age-old question, is the market going to get an easy -- and you believe yes, so we're not

that is not high up the board of kpmg. that is not high up on most people's agenda.hank you both indeed. —— we could go on. here's susan with a look at this morning's weather. beautiful sunshine in the south. this beach will get busy in the coming hours as it well warm up and the southern half. beautiful start further north as well, the blossom looking lovely in cumbria. more cloud around out there will be some rainfor cloud around out there will be some rain for the northern half of the uk. not to take up to two march. 0ur heat is coming from the continent today, feeding into an area of high pressure that is holding the weather fight for the southern half forward today. tomorrow, low pressure starts today. tomorrow, low pressure starts to throw its influence increasingly our way, add our temperatures well starter ever way. saturday, sunshine to the south of the uk and some pretty significant warmth as well. further north, remnants of a weather front to bring in more cloud, some drizzly rain mostly to the west of the pennines, drizzle as cloud bills for northern irel

kpmg you should be mad at leaf blowers.e mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. but you're not mad, because you have e*trade which isn't complicated. their tools make trading quicker and simpler. so you can take on the markets with confidence. don't get mad. get e*trade and start trading today. don't get mad. tthis is where i trades. and manage my portfolio. since i added futures, i have access to the oil markets. and gold markets. ok. i'm plugged into equities. trade confirmed. and i have global access 24/7. meaning, i can do what i need to do. then i can focus on what i want to do. visit your online broker today, to learn more. >>> good morning it's 8:00 a.m. at apple's headquarters in cupertino, california 11:00 a.m. on wall street and "squawk alley" is live ♪ ♪ >>> good monday morning. welcome to "squawk alley." morgan brennan that has the morning off. we're kicking off the hour with big tech tim cook over the weekend speaking at stanford univers

at kpmg, we believe success requires both.s and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg >>> welcome back stocks rebounding from yesterday's losses but trading off their best levels of the early session, relative strength in technology and energy stocks as oil prices extend their gains following that much bigger than expected drawdown in u.s. crude stockpiles let's drill down on one of the other underperforming groups, the health care sector as you can see here, on pace for the third straight day of losses, up fractionally over the course of the past three months. among the names dragging lower, eli lilly, merck and johnson & johnson as well down around 2% to 4%. health care still a focus on the heels of that abbvie deal. i will send it back downtown to you guys at the new york stock exchange >> thank you, dom. >>> well, eli bro, the founder of kb homes, and others, yeah, it's a large group of billionaires their calling for a wealth tax they are saying the rich should pay more robert fr

at kpmg, we believe success requires both.ces and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg but we're also a cancer fighting, hiv controlling, joint replacing, and depression relieving company. from the day you're born we never stop taking care of you. from the day you're born through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from finding out what's selling best... to managing your fleet... to collaborating remotely with your teams. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. >>> welcome back to vietnam, which has slowly been stealing manufacturing production from china for a decade but now there's a trade war and tariffs, which has a lot of people asking, can vietnam become the new china ♪ all around the world ♪ got to spread the word ♪ tell them what you heard >>> good morning, everyone, welcome back to a special edition of "squawk alley." we're live from post 9 at t

kpmg >>> welcome back to "squawk box.rency plans earlier this morning and julia boorstin has the details. julia? >> that's right, andrew. facebook announcing it's leading the charge to create a new cryptocurrency called libra. it makes it easy to send money around the world as a photo. it's run by a nonprofit out of switzerland and libra will be backed by real money to minimize volatility facebook is partnering with 27 others to start libra as an open source currency including mastercard, visa, uber and lyft and nonprofits with a plan to have over a hundred developers on board by the launch in the first half of next year. facebook though does have a plan to profit from libra it is creating a new subsidiary called calibra that's going to be a digital wallet that will operate both on top of the messenger and whatsapp applications as well as its own separate stand alone app. calibra aims to enable anyone to securely money for free and to allow send and receive it instantly around the world with no fees though facebook plans

at kpmg, we believe success requires both.our broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg ♪ >>> just under eight minutes before the opening bell. the final trading session of the first half of the year, will this upward momentum for stocks continue into the second half? let's bring in kenney pocari, cnbc contributor good morning so the market is up -- s&p is up 17% in the first half of the year how does that set us up for the second half? >> listen, i think it is a great move, certainly in the s&p, i would agree with what mike santoli said, some of that was the bounce off of what happened at the end of the year last year i feel good about the market i feel good about where it is. the little bit pricey, but if we get lower rates like they're talking about, that's going to further support the market so therefore the market will do better going into the second half of the year if we get no move on rates, say we get a deal with china, and then the fed decides not to

he looks like dobbee got a job at kpmg. look at himment but still it's pretty balancesy for bore is to make fun of someone for looking like a harry potter character when he looks like a mid life crisis malfoy, i mean look at him, he looks like malfoy got addicted to poations and has been trying to sustain his habit ever since. and he has continued to rise in british politics in fact after serving as london's mayor he joined parliament and became a prominent voice for one of the biggest whrund-- blunders in british political history, brexit. >> the campaign that says it would cost too much and europe control toos much has been lead by former london mayor bore is johnson. >> bore is johnson believes he owns the victory. >> i believe that this thursday could be our country's independence day. >> when you look at the eu now, it makes me think you have done some badly designed undergarment. that is now become too tight in some places. far too con strictive, and dangerously loose in other things. >> trevor: what? forget brexit wh

we're right at 29.50 in these turbulent times, will talk china and trade as we're right at 29.50 at kpmgve success requires both. with our broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg but we're also a company that controls hiv, fights cancer, repairs shattered bones, relieves depression, restores heart rhythms, helps you back from strokes, and keeps you healthy your whole life. from the day you're born we never stop taking care of you. from the day you're born (indistthat was awful.tering) why are you so good at this? had a coach in high school. really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. only with td ameritrade. >>> good morning i'm carl quintanilla at the new york stock exchange. obviously, coming off of that record close, watching iran, this ref

at kpmg, we believe success requires both.our broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg is where people first gathered to form the stock exchangeee, which brought people together to invest in all the things that move us forward. every day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ >>> after hours movers right now lululemon shares higher after beating wall street's earnings estimates. comp store sales estimates as well maybe weaker than expected guidance we'll wait to hear what they say on the conference call at 5:00 the stock up almost 4% after hours. rh, restoration hardware, shares soaring after profit and revenue beat company had a surprise guidance raise. also says it's selectively raising prices to offset the impact from that 25% tariff on chinese imports. >>> investors are doubling down on home flipping, even as the flipping

kpmg ♪ mmm, exactly!iberty mutual customizes your car insurance, so you only pay for what you need. nice! but uh, what's up with your partner? oh! we just spend all day telling everyone how we customize car insurance because no two people are alike, so... limu gets a little confused when he sees another bird that looks exactly like him. ya... he'll figure it out. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ >>> we want to turn to an issue that has been in the news, especially this week. there are undocumented children being held alone in detention. even as close as homestead, florida, right here, less than 30 miles from where we are tonight. fathers and mothers and children are dying while trying to enter the united states of america. we saw that image today that broke our hearts and they had names. oscar martinez and his 23-month-old daughter valeria died trying to cross the river to ask for asylum in this country. last month, more than 130,000 migrants were apprehended at the sout

brian connell is brexit supply chain lead at auditors kpmg. hejoins me now.been busy. we have. we have been doing a lot of work helping businesses prepare for brexit over the last couple of yea rs, brexit over the last couple of years, and it looks like it will carry on. tell me how businesses feel about this. we heard from the national audit of his today, putting the bill for the government alone for brexit preparations at $123 million, millions more spent by private business. surely everyone is beyond board of brexit at this stage. there are many that are. people who thought they would have this all done by the end of march are this all done by the end of march a re really this all done by the end of march are really feeling a bit fatigued about the idea of having to re—plan for no deal at the end of october. but there is no question that businesses are having to start planning on that basis.” businesses are having to start planning on that basis. i need to pick myself up on my gamma, they are bored by brexit rather than board of brexit, to pick myself up o

kpmg >>> welcome back to "squawk box.ht weeks that's the longest losing streak since 2011 the eight-year number that we were talking about, here are the futures this morning that's just about the least negative that we've seen for at least the dow down 46. down 200 right at the very beginning. that was at about -- what time did i get up quarter of 4 so that was about 4:00 when we were down about 200. and down 25 now on the nasdaq and the s&p indicated down 4 >> let's get down to jim cramer at the new york stock exchange who is there now we've been talking about a number of big stories that have taken place over the weekend i'm curious about big tech, google and specifically amazon. >> it's all kind of shocking because the attorney general -- deputy attorney general for anti-trust told me not that long ago that these are great companies, there's no need to break them up. obviously there's so many investigations that you just have to say the momentum is there. both democrats and republicans, they're going to be turning lor.

at kpmg, we believe success requires both.of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg the ♪exus es... ...every curve, every innovation, every feeling... ...a product of mastery. lease the 2019 es 350 for $379/month for 36 months. experience amazing at your lexus dealer. . >>> in march of next year, march of 2020, i'm going to really look at the political world very, very carefully. if you'll remember coming into the election in 2008 when obama started rising in the polls and doing well in the polls, the stock market crashed and the stock market tells you what will be, not what has been and the stock market looks forward. if they see an obama coming into office, they'll crash and that's what led to the great recession. >> oh. really? it had nothing to do with bear sterns, really? it had nothing to do with the housing market artificially inflated? oh my god. what would happen to a guy like that? >> i don't even know where you start. >> i don't know where to begin. economist a

kpmg you should be mad that this is your daily commute. should be mad at people who forget they're in public. and you should be mad at simple things that are unnecessarily complicated. but you're not mad, because you're trading with e*trade, which isn't complicated. their app makes trading quick and simple so you can strike when the time is right. don't get mad, get e*trade and start trading today. so ...how are you feeling - on a scale of one to five? wait... when it comes to feelings, it's more like five million. there's everything from happy to extremely happy. there's also angry. i'm really angry, clive! actually, really angry. thank you. and seat 36b angry. you're clive owen. and you're barefoot. yeah... there's also apprehension. ...regret... ...relief. oh and there's empathy... ah, i got this in zurich! actually, what's the opposite of empathy? but what if your business could understand what your customers are feeling... and then do something about it. you can turn disappointment into gratitude. clive, you got to try this. i can't i

at kpmg, we believe success requires both.e of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg >>> while the second half of june tends to be >>> success is there is a freely traded market for equity securities really, it's going to open to something, close to something. same thing will happen tomorrow, same thing will happen monday. there's such a big opportunity that that's got to be where our focus is >> that was slack ceo right here on "squawk" in a first on cnbc interview, the company making its debut here today at the new york stock exchange, a direct listing. a very different kind of listing than an ipo. a lot of people are going to be watching the success or failure of how this all trades today $26 is what's called the reference price. we'll see if there's a lot of volatility when it opens later today. when spotify opened, it was about midday, a little after noon we'll see whether this starts earlier. folks like airbnb and others who have cash on their balance sheet may be

at kpmg, we believe success requires both. expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg this melting pot of impacted species. everywhere is going to get touched by climate change. and everyone i've ever opioloved away from me.thing everything. i blew my ankle out and i got prescribed pain pills by my doctor. if making my detox public is gonna help somebody i'm all for it. i just wish i would've had a warning. >>> joining us now a little help. a psycho therapist and author of the new book "i love you but i hate your politics, how to protect your intimate relationships in a poisonous partisan world." what a great topic. >> you've done it yourself. >> that's where it came from. >> a long time. tell the world about it. >> i am the world's foremost authority of this topic because i have survived 39 years of marriage to a conservative. >> yes. >> and a professional conservative. >> yes, national review conservative. >> absolutely. i became part of the national review world. i was a visitor and i learned a

at kpmg, we believe success requires both.h our broad range of services and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg plants capture co2. what if other kinds of plants captured it too? if these industrial plants had technology that captured carbon like trees we could help lower emissions. carbon capture is important technology - and experts agree. that's why we're working on ways to improve it. so plants... can be a little more... like plants. ♪ like.. pnc easy lock, so you can easily lock your credit card when its maximum limit differs from its vertical limit. and clover flex, for when you need to take credit cards when no one carries cash. or requesting a call to help get a new credit card- one that hasn't followed the family goldfish. pnc - make today the day. has been excellent. they really appreciate the military family and it really shows. with all that usaa offers why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was a

at kpmg, we believe success requires both.rvices and industry expertise, kpmg can help you anticipate tomorrow and deliver today. kpmg >>> there is no question that ivanka and others weighed into him. when he himself saw images, he was very, very moved. ivanka and others and i don't think there were many others in contact that said did you see those images on television? i think there was a widespread acknowledgment that images and actions that had been taken were horrific and required action. >> the sight of children suffering in syria was enough for ivanka trump to push the president for action. will she do the same for the children suffering in horrific conditions at the southern border. one of the many questions this morning. good morning and welcome to "morning joe." it is monday, june 24. we have msnbc contributor mike barnicle, white house reporter for the associated president. author of the book "a world in disarray," senior advisor at move on.org and msnbc contributor and corporate for nbc news is with us with new rep

the guests who will be joining us this morning have lots to talk about the ceo of kpmg will be here target'sn and

in the middle east doesn't hurt back over to you >> dan, thank you very much for that interview >>> kpmgwngraded its uk gdp forecast in the latest report business investment is expected to lag but consumer spending will continue to drive the british economy. our next guest joins us here what has changed over the last three months from your perspective to cause you to downgrade your forecast? >> most of it is actually outside the uk we've seen the trade war continuing we're expecting a little bit of a pause hopefully, depending on what's happening later on this week we also have seen tensions in ir iran, that will put a squeeze on, and we have europe, we have germany week, still waiting with a potential showdown with the italian budget and there's an environment of really a lot of weakness in europe without even starting to talk about brexit. >> let's talk about brexit has uncertainty about when brexit happens and the form it ultimately takes, has that had a different kind of impact on consumer spending versus business investment? we mentioned your report talked about those two as separat

kpmg is facing criminal charges after four partners were found sharing confidential information about which of the firm's audits would be examined by regulators. pet smart's online business adding energy to the ipo market. chewy.com pricing at $22 per share on thursday, that is higher than expected. chewy has yet to make a profit but is reportedly valued at above $7 billion and will start trading today on the new york stock exchange under the ticker chwy. new concerns about skie cereals parents feed their kids. some contain traces of the chemical found in the weed killer roundup. 21 products tested are made by general mills including cheerios, nature valley products. general mills says it's working to minimize the use of pesticides in the ingredients it uses. lauren: let's take a look at oil and stock futures this friday morning. oil is at $52.01 a barrel, it's giving back some of yesterday's gains, down 27-cents this morning as we continue to explore tensions rising in the middle east between the u.s. and iran. the u.s. is blaming iran and says they have the pictures to prove it for

according to this year's kpmg football report, for the first time real madrid has , overtaken manchesterop of the money league. winning the champions league three times in a row has allowed the spanish club to grow their commercial revenue at almost double the rate of man u.. what does this tell us? >> it looks at the enterprise value of the clubs. it takes into account player values and also the projected revenue streams that the clubs generate. as you mentioned with real madrid winning the competition those three years in a row, they have managed to move ahead of manchester united, who have not performed so well in this competition. so a lot of the movement has come from but champions league performance. we have also seen u.k. teams 8x8 hit by a decline in sterling, given that the league is based in dollars. and have seen barcelona moving down, because they have spent a lot on player wages recently. >> retail stocks are getting taken to the cleaners today. luxury winter coat maker canada goose, casual retailer abercrombie and fitch and company of jimmy choo and michael kors all falling

kpmg preparing to pay as much as $50 million to end an sec investigation.he wall street journal is reporting the fine would be the highest ever imposed on an auditor in an s.e.c. action. they are facing criminal charges after four partners were found sharing confidential information about which of the firm's audits would be examined by regulators. those are your headlines. dagen, back to you. dagen: thank you so much. coming up, facebook getting into crypto, big names reportedly backing the plan for a digital currency. plus an historic win for toronto, the raptors winning their first nba title, all the highlights in sports. plus, how rapper drake celebrated, coming up. ♪ dagen: a big show coming up this morning. u.s. labor secretarial ex an see administration is doing on healthcare costs. house financial services committee member french hill, former pennsylvania governor, ed rendell and former commanding officer of the u.s.s. cole, commander kurt liphold, you don't want to miss any of these gentlemen. talking to the producer, we were saying there's so much

let's talk more about this constance hunter is kpmg's top u.s.let's get your take on the headlines. >> yeah, resumumors of the deat the consumer are greatly exaggerated. this revision to april is very good news. the solid number in the control group, missing by 0.1% on the top end doesn't bug me at all. it is a little weird this data has been unusually choppy, and i don't know if it has to do with the weirdness of when easter fell or all this other stuff. been saying for a while, you have decent wage growth, widespread employment. there's no reason why the consumer shouldn't be doing well and this back revision kind of helps to square the circle on that, in that april is -- as rick said, 0.5% better than we originally thought, and may is pretty solid department stores, they were up, now they're down miscellaneous stores were up, now they're down but the strength was in health personal care, sporting goods, and hobbies. i think we're on a good track now. we may even get an upward revision to the second-quarter growth forecast as a result of this.