scams ville that is the great crony capitalist predator economy of america everything is predatory lee price and that's what they strive for because that's what the number one investor in america warren buffett aims for he invests in companies that have predatory pricing power he himself has said that in his newsletters he's told people that's how i look at things that's how i best as anybody who is predatory pricing so first look at a headline looking at the end result of this and that is consumer debt is set to hit four trillion dollars by the end of twenty eighteen americans are in a borrowing mood and their total tab for consumer debt could reach of record four trillion dollars by the end of twenty eighteen that's according to lending tree a loan comparison website which analyzed data from the federal reserve anon mortgage debts including credit cards and auto personal and student loans americans owe more than twenty six percent of their annual income to this debt that's up from twenty two percent in two thousand and ten it's also higher than debt levels during the mid two thousand and o

scams ville that is the great crony capitalist predator economy of america everything is predatory lee price and that's what they strive for because that's what the number one investor in america warren buffett aims for he invests in companies that have predatory pricing power he himself has said that in his newsletters he's told people that's how i look at things that's how i best as anybody who is predatory pricing so first look at a headline looking at the end result of this and that is consumer debt is set to hit four trillion dollars by the end of twenty eighteen americans are in a borrowing mood and their total tab for consumer debt could reach of record four trillion dollars by the end of twenty eighteen that's according to lending tree a loan comparison website which analyzed data from the federal reserve a non mortgage debts including credit cards and auto personal and student loans americans owe more than twenty six percent of their annual income to this debt that's up from twenty two percent in two thousand and ten it's also higher than debt levels during the mid two thousand when

thanks also to representative david price, doggett, schakowsky, connolly, welch, lee and yarmuth for joining us. and for your strong leadership, all of you, in congress, that you defend the iran nuclear agreement. i carried in this book, because i display it with great pride in my office and show it to people who come by. this is the democratic members' statements in support of the iran nuclear agreement. i believe that the iran nuclear agreement was one of the great diplomatic achievements of our time. to be able to bring russia and china along with the other members of the national security council -- the -- plus germany. national security five, plus germany, -- it's not the national. it's -- was remarkable. was remarkable. for years we have been trying to t china and russia to do any sanctions on iran. never, never, never. and now they were willing to join in this nuclear agreement that has recognition of their importance in all of this. so for the president to destroy the successful joint comprehensive plan of action gravely endangers our global security and defies comprehension.

. >> in terms of price action tom lee made the case there would be a lot of tax selling in the coins es it look like that has resolved do we see enough in the price action to believe that was the cause for the softness >> it's a combination of regulation, concerns, taxes, a break in price, all of that came together in the perfect storm, bitcoin collapsed 70%. you hat a bottom in february it looks like a low and this recovery we've seen has been orderly. a little overbought, you're getting rid of a bullback, it looks timely. >> rob, thank you. >>> coming up, facebook is holding its annual developers' conference today talking about the data breach to their new dating app >>> plus, snap getting smacked in the afterhours, down 15%. the ceo speaking on the earnings call right now and deirdrisonorg ate mitinth wearing her flower crown filter. she'll bring us the headlines after this ♪ directv now gives you more for your thing. your letting go thing. your sorry not sorry thing. your out with the old in with the new, onto bigger and better thing. get the live tv you love. no bulky hardware. n

greek economy is growing again but many greeks feel they are the ones paying the price for the recovery. perfectly as kook lee's starts his shift in a restaurant on the island of lesbos. he's working as a barista even though he's a trained educator. so that is because which is real estate isn't taking any more applications for teaching jobs at one of the oh that's why i have to work here like i still need to make a living i'm not embarrassed to do this. but i prefer to work in my chosen profession just. low wage jobs in restaurants or call centers are about the only jobs available in greece and even though unemployment has technically fallen by eight percent business journalist notorious notice however is skeptical about these jobless figures. still make up only first of all wages are much lower than before the crisis and it's these secondly these are alternate forms of employment either part time or on call and thus paid as such to fill these jobs are recorded statistically as proper work almost all of those but the government considers this a success story and athens points to the fact that the economy is gro

this is not the price of freedom. barbara lee like many democrats are calling for gun control legislation. she tweeted congress' inaction in the face of this horrific constant violence is a betrayal of our kids. apple ceo tim cook weighed in by saying we are devastated by today's tragic news from texas. our hearts go out to the families of the victims and everyone in the santa fe high school community. now, one person suggested to cook that he should ban nra tv from being live streamed on apple devices. dan and ama. >> kristen, thank you. facebook has actually deleted the shooter's account saying the social media giant doesn't allow mass murderers or the representation of them on the site. accounts impersonating the shooter are also being deleted. >>> netflix tonight canceled the red carpet event and premiere of its second season of the teen drama "13 reasons why." this season's story line contains a shooting. >>> the city of santa fe is a town of 13,000 people 35 miles southeast of houston. the houston rockets are playing the wa

this is not the price of freedom. barbara lee like many democrats are calling for gun control legislation. she tweeted congress' inaction in the face of this horrific constant violence is a betrayal of our kids. apple ceo tim cook weighed in by saying we are devastated by today's tragic news from texas. our hearts go out to the families of the victims and everyone in the santa fe high school community. now, one person suggested to cook that he should ban nra tv from being live streamed on apple devices. dan and ama. >> kristen, thank you. facebook has actually deleted the shooter's account saying the social media giant doesn't allow mass murderers or the representation of them on the site. accounts impersonating the shooter are also being deleted. >>> netflix tonight canceled the red carpet event and premiere of its second season of the teen drama "13 reasons why." this season's story line contains a shooting. >>> the city of santa fe is a town of 13,000 people 35 miles southeast of houston. the houston rockets are playing the wa

price tag? about $3,000. mary lee our reporter takes a spin on one of the those bikes. they have venture capital banking from the cia. >> some incredibly unique applications. my dream is to actually go out on the factory floor and print an aircraft wing someday in the factory floor in a way that you wouldn't have to bring the wing to the factory. >> the ceo believes 3d printing will revolutionize manufacturing everyday products as well as those for aerospace and defense. we can make anything with 3d printing. >> homes, bikes. >> yeah. >> the homes is what's really amazing. >> light, too. >>> let's check traffic now with jaclyn. >> things aren't so great over on 680. an earlier problem now a crash in the same area. so be on the lookout for this. it is a live look at the scene right now. and you can see crews have stopped traffic in the southbound direction. they are working on trying to clear all of this mess out there. this is definitely causing a backup. chp has given a time of 6 a.m. by the time they should re- open these lanes but it looks like they are going to be d

it does not authorize the government to use its huge purchasing power to obtain lower prices by negotiating direct leee, promises broken. we don't know exactly why trump broke his promise. two things we do know. one, the drug companies, those drug companies he was talking about in that clip they did not want the government to negotiate because that would cost them money. and two the drug number novartis paid trump's fixer michael cohen $1.2 million which they claimed got them thog. trump cast him during the campaign as a different kind of president someone who would push against the drug makers. only difference he and his supporters precontained that drain the swamp is a real thing. more on that after this. ners al? because they've chosen the industry leader. subaru outback holds its value better than any other vehicle in its class, according to alg. better than rav4. better than grand cherokee. better than edge. make every adventure a happy one with subaru outback. get 0% apr financing on the 2018 subaru outback. ancestrydna can pinpoint where your ancestors are from and the paths they took to a new

. >> i'm melissa lee, here's what's on the menu a jolt to energy prices, oil prices moving higher aftert trump's decision to get out of the iran deal 71 today and back to 3% on the ten-year and a big auction taking place right now. we will have the results >>> plus we will talk about rape with the former number t-- talk. with the number two at the fed. >> what the requirement for solar panels on all new homes and what that could mean

sung yung lee of the tufts school and hans nichols. >>> the price of oil up 17% this year above $70 aarrel times should be good for producers, right up next we will go to texas for a look at pipeline problems they are having there achantilly is here we will ask her about the changing face of the music industry as well as spos phi's recent controversial new stand "power lunch" will be right back ♪ many small businesses, from kitchens to factories to contractors, rely on their equipment to serve customers every day. when equipment is broken, it means lost revenue. trusted choice independent insurance agents offer special protection that could help replace or repair damaged equipment and provide lost business income. they represent multiple insurance companies and customize coverage to help businesses get back to work. announcer: to find an agent, visit trustedchoice.com. when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. welcome to holiday i

. >> i'm melissa lee, here's what's on the menu a jolt to energy prices, oil prices moving higher after president trump's decision to get out of the iran deal 71 today and back to 3% on the ten-year and a big auction taking place right now. we will have the results >>> plus we will talk about rape with the former number t-- talk. with the number two at the fed. >> what the requirement for solar panels on all new homes and what that could mean for already sky high construction prices ♪ i'm going to soak up the s sun ♪ >> good afternoon. on a beautiful may day in the new york area. i'm tyler mathisen markets right now, dow up 150. walmart spending $16 billion on a big bet in india disney falling after its earnings report. those stocks are weighing on the otherwise positive dow more on those big stories coming up. >>> and as melissa said, energy is the big story today energy giant exxon and chevron among the biggest dow gainers. energy by far the best sector in the s&p 500. >> i'm sarah eisen here's what else is happening at this hour. the department of transportation conducting an audit o

lee said they would be keen to take up the trade fight. of course, if we don'tmport u.s. soybeans, our beans in s china can d at a higher price, he says. we have fertile landni here. ho it would be if we could grow soybeans ourselves. a dream that could be seen as a nightmare for soybean farmers back in the u.s. for "nightly business report" i'm eunice eun. >>> to the economy now, where the head of the st. louis fed said further interest rate incrses may not be needed. james fuller noted that rates have already reached a neutral level, and i that's the case, then they are no longer imulating the economy. he is not a voting member of the but has ank this year, been urging colleagues to be cautious about furthate increases. >>> time to take a look now at some of today's upgradesnd downgrades. dow component verizon was upgraded from neutr by jpmorgan. the analyst there cites a healthy dividend yield and clarity about its plans for 5g. price target, $58. shares of verizon, the best-performing dow component in today's trade. >>> and shares of kohl's downgraded from neutral outperformed by credit suisse. e retailer will report lower than exp

price of drugs. book creator has filed a billion dollar lawsuit against his former business partners. (grant) the man behind marvel comics...stan lee has filed suit in california against pow entertainment. he claims the company and two officers tried to steal lee's identity for financial benefits. 95-year-old lee says they "forged or fraudulently obtained" his signature, in an attempt to steal his name, image, likeness and identity. lee was one of the co-founders of founders of pow! he sold it to camsing entertainment international last year. (vicki) rapper and reality show star-- t-i -- was arrested today in georgia...accused of assault and disorderly conduct. t-i, whose real name is clifford harris, was arrested outside of the gated community where he lives. his attorney claims harris had to wake up the sleeping guard for entry... but the guard refused to let him in. and after words were exchanged from both men...the guard called police. t.i. was cited on misdemeanor charges of simple assault... disorderly conduct and public drunkenness. t.i is out on bond. (grant) that wraps up kron 4 news at nine...(vicki) but our primetime cov

general terms, they reported lee saying the ballots will increase if the bank holds rates while the economy and inflation settle. iran has spoken out against higher oil pricessignaling a split with opec members which is showing a willingness to keep tightening crude markets. iran's deputy minister set a barrel, price to $65 a brent futures surged to 75 bit -- $75. vote counting has begun after .ebanon's policy elections the main battle is between a western and saudi banks current bola.alition and a was -- and hezbollah. [indiscernible] $11 billion pledged at a conference. >> there is hope from the markets that a majority will be formed to implement the resolution of the paris conference. haslinda: global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am haslinda amin. this is bloomberg. ♪ haidi: thank you so much. president trump's top economic advisers have returned home from a two day visit to beijing with little more than a glaring proof of just how far apart the two countries stand when it comes to trade. tom mackenzie joins us now for a debrief of the highly anticip

prices. homegoods. go finding. >>> happening today, a welcome home party for a pug who was found 12 days after being stephanie leene stole filo from outside whole foods on market street. a woman who saw the story on the news thought she spotted the dog and contacted lee. and lee discovered that filo had been sold and was in oakland. today's party is to say thank you for everyone who helped in the search. it starts at 2:00 this afternoon. >>> and it is always nice to hear about these happy endings because you we don't always get to share those. >> yes, that was close one definitely. good morning, everyone. we're looking at another nice day if you like it warm inland, but elsewhere a cooldown is in store from the city to the north bay to the peninsula with low seventh r 70s. further cooling for mother's day. so hopefully you are not big heat days because you'd have go way inland for that. >> and in all seriousness, lisa, thank you for spending your day with me. it you know, my birthday and you really are the best. so thanks to making it a great day. and thanks for joining us. news continues now online on twitter, f

short answer is following up on what susan lee reported i don't know that anybody will pay a serious pricemented by aggressive sales personnel. charles: we have to admit the industry is complicit from pharmacies to the doctors. it wouldn't take long to see this thing people got accustomed to fairly quickly. judge napolitano: we have achieved justice arrested for dwi, he wasn't drunk, didn't have a drop of alcohol, he had one of these opioids for back pain. charles: last week the fed -- another one for you, allergan recalling its birth control pill because some of the actual pills are replaced with placebo. the name of the drug -- judge napolitano: this is a different analysis because the manufacturer made a mistake. in every state of the union we have strict liability meaning the manufacturer is liable for all of its mistakes no matter how innocent they may be. the issue is not liability but damages. as i understand it, the pills that were placebos were very early on like the first few pills you will take and thereafter they were legitimate birth-control pills. the question is who was harm

lee. >>> the warriors take on the houston rockets. game 34 of the nba western conference finals today. tickets are in short supply. there are fewer than 1100 tickets available with the avenue ranl price60. the site is offering the cheapest ticket at $250. the highest excludeing club prices is 2,000. a couple court side seats are going for 3500 bucks. >>> live doppler 7 really showing you all that cloud cover out there. there's a reason for it. it exadvistendsextends down int california as well. there's a couple of systems offshore that's enhancing the marine flow. beautiful site. boy, it's interesting. walnut creek this morning with the clouds. san francisco with san francisco. 57 mountain view. 55 in gilroy. we have a little sun in the north bay. as a result notice santa rosa and novato, your temperatures are the warmest. upper 50s to low 60s. still the breeze will influence you today and the afternoon highs with upper 50s. l you were kmchilly yeste we've had the winds keeping the conspiracy well mixed. oakland and san francisco straight out of the west. looking at below average temperature fs for the week ahe. certainly breezy inside the bay. out on our east bay valley and windier

lee aaly is goin spill over into u.s. corporate america, access to capital, how we price risk over here, so that's what i would be watchingnd right now today, yes, a little bit of a flooder in those credit markets in the high yield market but nothing right now that says that this is really that different an environment than we've been in for a while, which has mostly been range bound for a bunch of different asset classes. >> and whatever happens, it's going to happen in italy over the next few months, isn't it, michael? in other words, if there is a second election as it appears it's probably not going to take place until late summer, early fall, number one, and number two, it's just going to play out over time. >> right so, what we have, then, is a situation where everyone all of a sudden becomes an expert on italian electoral politics for a while, and maybe the market just kind of burns out in its concern for this, so there's two ways it can go here in a sense either we have that sense of, okay, we were here before, we had euro debt crises before, caused these big corrections in u.s. stocks, caused people to get out of

lee zeldin. he's a guy who thinks there's a conspiracy in every fbi office. >> he also represents me out in long island as well. listen, roseanne has paid the price now. but you look at for -- and president trump's -- >> has she really, though? >> go on. what do you mean by that? >> you know, okay, abc did this major move, and some people are saying, i'm shocked. but they made this major move, but it's not over yet. the question is, will another network pick her up? and if they do, it negates everything that happened. and the television executive, a good friend of mine, sent me a text and said, look, let's see who picks her up, if she's picked up. so it's not over. we're just going to wait and see. trust me, roseanne barr is also a business woman. and it's about the economics as well. a lot of people are out of work. and i guarantee you she's working the phones, trying to revamp her image, and trying to see if this can fly. >> okay, april. she took an action and paid the consequence for that action. abc did act on this. whether someone picks her up, that's their right. maybe someone like info wars, or people who traffic in conspiracy theories, maybe t

lee said they would be keen to take up the trade fight. of course if we don't import u.s. soybeans, our beans in china can be sold at a higher price.le land here. how nice it would be if we could grow soybeans ourselves. a dream that could be seen as a nightmare for soybean farmers back in the u.s. that farmer told us he would be willing to make the switch if he could get an additional $120 per acre even so he and other farmers said there are other challenges that china faces they say beyond the money they said there is no real distribution network and infrastructure for soy they see their corn mills, but they don't see the soybean mills. and they were also complaining a lot about how they didn't have the proper seed technology the government here is trying to address that issue and is also looking to throw more money at the problem. just in the past couple of days we heard the subsidies are starting to rise higher. at the same time there are limitations which probably would be good news to a lot of american soybean farmers to hear they're not so easily replaced >> this is a big concern that due to this trade uncertainty that china

price of drugs. california values senator dianne feinstein ♪ [ cheers and applause ] >> jimmy: my thanks to sterling k. brown, willie geist, brian tyree henry. pete leeith seth meyers." thank you for watching. have a great weekend. i hope to see you next week. bye-bye, everybody. [ cheers and applause ] ♪ >> announcer: from 30 rockefeller plaza in new york, it's "late night with seth meyers." tonight -- tracee ellis ross. star of "gotham," actor cameron monaghan. host of "joe pera talks with you," comedian joe pera. featuring the 8g band with aaron spears. ♪ [ cheers and applause ] ladies and gentlemen, seth meyers. >> seth: good evening. i'm seth meyers. this is "late night." how is everybody doing tonight? [ cheers and applause ] that is fantastic. in that case let's get to the news. president trump today officially announced the u.s. would pull out of the iran nuclear deal. i have to say i'm kind of surprised. usually when trump doesn't like a deal he just stays in it and violates all the terms.

lee. what does it mean, at $80 for brent, does it hurt consumption? i think rising pricesumption , especially in the places where the oil prices flow into gasoline and jet fuel prices. we are seeing that particularly in the united states, where retail gasoline prices are the highest they have been since 2014. we are moving toward the big driving season of the summer. these prices going up will hurt consumption. we have seen gasoline growth consumption slowing down. we are seeing some of the asian countries that previously had , thosezed fuel prices subsidies were taken off or reduced during the collapse in prices. those subsidies now either do not exist or much lower, so we are seeing price effects creep in where as in the past we did not. tom: have about 18 questions and we do not have time for that. let me throw up the chart on brent crude. julian has this in his kitchen at home. the answer should go down pretty hard -- the answer is you go down pretty hard. then we went flat. , weticed this convexity have an acceleration the higher prices. why do we have that second der

we i talked to lee raymond, he said i've been in this business for 30 years the average price of oilare huge swings and there's no sort of ought to be, supposed to be kind of thing on oil. but, joe just one quick note. you called me out not having the gdp number last week it didn't exist because we didn't have data i got off set, we had that number 3.7 is the starting number for the second quarter add it up, divide it by two, you come up with a 3% average for the two quarters that's a big number. >> what do one of those -- andrew, what do one of your bill ford suits cost? no that's the auto guy. >> i don't have a tom ford suit. >> is it jack ford he was like -- which ford makes the suits? >> ralph >> ralph lauren. >> and on the other side people's suits made out of oil it's the polyester >> by the way, you've got three of them for 400 bucks. >> speaking of suits, i like that tie and shirt combination >> sometimes i put things randomly together in a weird way. >> your wife doesn't let you turn the light on, does she? >> she's not up. nothing to do with this. >> but you got to dress in

price to book, you're talking about a $90 stock. >> still ahead, disney shares stuck in the mud but will its earnings shares bring out the bulls? we've got those details. i'm melissa lee. you're watching "fast money" on business first in the world. here's what else is coming up. >> tim says one biotech stock that's been dead money for the past three months is about to break out and he'll pitch you the name >>> plus, call it the billionaire beatdown >> cryptocurrencies will come to that. >> warren buffet and bill gates slamming bitcoin b.k. says the billionaire boys 'lbrmissing something big and hel eak down what that is when "fast money" return >>> welcome back to "fast money. rat poison, baby brains and terds, just a few of the adjectives used by billionaires at the berkshire hathaway meeting to describe bitcoin. b.k. is over at the plasma where he's going to rebuff buffet. we are going to play a sound bite of what was said and get your response. here's what buffet said about the speculative nature of bitcoin. >> when you buy nonproductive assets all you're counting on is whether the next person is going to pay you more because they're even more excited about another

prices of note hitting their lowest level since april 20th. rising inventories putting the pressure on those. >> melissa lee, thank you very much i'm tyler mathisenther headlines at this hour, what we at "power lunch" like to call the leftovers new clues about the american job market ahead of friday's report. companies added more than $200,000 jobs last month that was better than the forecast a bold move from macy's. it is buying a new york based concept shop called story. it's also naming the story's founder as brand experience officer for the department store chain. more on this one ahead is your package to get into your house by yourself? ups reportedly in talks to launch an inhome deliver service for larger goods, heavy goods, couches, treadmills and the like. >> our top story less than an hour away from the fed's interest rates decisions. >> the fed is meeting sarah. this is what is important as the back drop. a strong jobs report coming out this morning for the first time in more than a year it is meeting with its inflation target of 2% having been hit what does that mean for the policy outlook the pce price index topped 2% after spending h

prices up, including production lines and geopolitical the structures. powered by more than 2700 journalists and analysts in more than 100 and countries. this is bloomberg. francine: it's a leeas hit another roadblock. populist leaders have abandoned their attempt to form a government after the president rejected their choice of finance minister. the leader made a finland -- made a thinly veiled call for fresh elections. struggling but they're no confidence vote will be put before the cross party board today. here is rome's bureau chief. thank you both for joining us today. first, to you. it is a -- is a constitutional crisis in italy? >> definitely some kind of crisis. the situation now is that the president has called upon the former imf director general and we will be seeing the president today at 11:30. likely the president will give a mandate to try to form a government. we are not sure what happens after that. it's likely at this point that the populist will reject that government so the likely scenario is that we will go pretty quickly towards new elections, possibly in september. francine: is there any chance that mr. cook to rally -- mr. gets the numbers to form a g

lee. the president calling off his highly anticipated summit with north korea's kim jong-un. was it a good move and where do we go from here? >>> the justice department reportedly launching an investigation into bitcoin price down 41% this year, how worried should bitcoin believers be. >>> and inside the world of illegal short-term rentals our exclusive cnbc investigation airbnb unwelcome guests coming up "power lunch" starts right now >>> and welcome to "power lunch. i'm sara eisen stocks moving lower but certainly off the session lows the dow had been down 300 points earlier and it has climbed back. russell 2000 is negative nasdaq near the flatline energy and financials, also tech, those are the biggest laggards today exxon and chevron, worst dow performers ge leading after posting its worst day yesterday in nine years. netflix hitting an all-time high, now up more than 80% this year best buy falling as online growth slowed and l brands actually leading the s&p 500 as earnings beat another retail winner, michelle >> thank you, sara i'm michelle caruso-cabrera. we begin with president trump calling off his leader with north korea's kim jong-un. eamon javers live at the white house with the latest. >> repo

price gaining 0.2%. coming up we have a pretty packed show. andrew bailey, the case fca chief executive -- the uk's fca chief executive joins us. we will bring you that lee'semarks. remarks.'s where live in st. petersburg. -- we are live in st. petersburg. let's get to bloomberg's first word news. -- turkey's central bank has raised interest rates at a meeting while president erdogan has pledged allegiance to the principles of monetary policy. unchanged. were kept the bank described the move as "powerful monetary tightening." it will continue using all estimates. but has reversed losses fallen again this morning. haveal reserve officials signaled they are sent to raise interest rates next month but they said no clear message on whether they will take one or two more -- they will hike one or two more times this year. inappropriatey be to increase the benchmark rate." the u.s. has started an investigation into whether car and truck imports threaten national security. according to a person familiar, investigations -- imported steel and aluminum. they set an additional tariff on vehicles up to 25% is under consideration. shares for major european carmakers are

lee. becky and andrew are out today taking a look, the dow is losing 31 points, s&p down about 4, nasdaq down by about 27. keep in mind the price hour ago we'll see how that weighs on this session here making headline a notable milestone in the markets this morning, brent touching 80 since the first time november, 2014 n. cisco systems likely to weigh on the dow when the marks open. cisco is lower in pre-market trade. they reported the latest quarter above estimates. >> that teams seems to be result of a tepid first quarter. the labor weekly initial report will be back in about 90 minutes time economists are looking for an increase of 4,000 to last week to a toll of 15,000. >> that would still leave claims near five decades low. wal smart out right now. >> i like the revenue number the nation's largest retail reporting 2 krnts above estimates, revenue when you are wal-mart if you get beat, you are beat by billions, which is amazing, revenue also beat the street i think 122, 122.7 billion and the still was 120.5 billion. comp store sales up better than expected 2.1%. nobody i don't think does 120 billion. i tried to find anybody

lee said they would be keen to take up the trade fight. of course if we don't import u.s. soybeans, our beans in china can be sold at a higher pricehe says we have fertile land here. how nice it would be if we could grow soybeans ourselves. a dream that could be seen as a nightmare for soybean farmers back in the u.s. so even though the chinese government is throwing money at the problem, there are still limitations which will probably be good news for american soybean farmers who won't be so easily replaced. >> to watch all the -- because it's always volati volatile soybeans it's interesting to watch. and this is going to play in thank you. all right. >>> coming up, oil prices rising this week on news that the u.s. is pulling out of the iran deal. the long-term implications for energy, that's next. at&t provides edge-to-edge intelligence, covering virtually every part of your retail business. so that if your customer needs shoes, & he's got wide feet. & with edge-to-edge intelligence you've got near real time inventory updates. & he'll find the same shoes in your store that he found online he'll be one happy, very forgetful wide