the former mastercard - crisis for older people.banker will be the world bank's next president. the bank's board of governors has elected him after he was nominated to the post by presidentjoe biden, he replaces the departing world bank chief, david malpass. spain is known for its many bars. in fact the country has 280,000 of them, according to official statistics, and such is their importance that the country's parliament has agreed to debate a proposal to make borrowers in small towns and villages eligible for special subsidies and benefits. this report from central spain. the rural heartland of central spain. after decades of migration towards cities, these vast agricultural reliant areas of the country are sparsely populated. they've become known as emptied spain. the divide between rural and urban is more pronounced here than in most european countries. 90% of spaniards inhabit larger towns and cities. the rest are here. 0pen macro nearly half of spanish towns are at risk of depopulation. among them, this one in the aragon regi

the new data from mastercard in the first on cnbc interview when "worldwide exchange" rur etns at cdwes, in different ways and across countless different networks. so how do you get everyone on the same page? microsoft surface devices, orchestrated by cdw. they adapt to each user and deliver multi-layered security, so your workforce gets seamless experiences wherever they roam. for devices that fit your unique workforce, trust microsoft surface and it orchestration by cdw. people who get it. ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ >>> welcome back to "worldwide exchange." time for the morning call sheet where we check on the upgrades and downgrades let's start with roth mkm raising roblox price target. the company is at an infliction point now management is starting to get cost under control. twilio lower price target from $90 to $53 citing revenue headwinds and an model which is 70% of sales. jp upgrading axon. citing the 15% pull back in shares. >>> t

40 us household sort of single day, late january 2011, over of these did us attacks to slow down mastercard, corporate website, and visas, and paid house for a couple seconds on res families being held at gunpoint in some cases. dozens of f . b i. agents targeted a ledge, members of our with search warrants, agents hit 6 homes in new york along with locations across the country. sees a car drives a computer assessment. it's a for the same moment literally the same moment. that's how they do this so that we can't get on like i r c and say hey, do to come in and like you're driving right. and so that's what they did, except there's only got 39 of them for me because one was that man visa dot com went offline for a few minutes. did that affect any one's ability to buy anything or give anyone's info away? no, it did not bring their marketing piece where you could download a brochure. it was offline for a few minutes, somehow. $50000000.00 of damage. no, no. when have you as someone who has a visa card ever gone to visa. com, it didn't affect anyone. and it was down for 5 minutes, but they tried

fintech, it turns out mastercard has been the fastest grower in that space for ages. no credit issues they don't lend money. lots of special services that distinguish it from visa and a gift if this pulls back and know it will break down in the negotiations. >> buy, buy, buy. >> i have a tougher one for me, biogen there's so much good news about its alzheimer's drug and potential treatment or a marker or als these are horrendous diseases. and all this good news for biogen makes it a speculative behemoth i think it's unlikely to repeat from the high 70s to above 100 what we saw in 2011. eli lilly has a similar drug for it but a diabetes and weight loss combination taken separately under the name mou mounjaro it is being tested for blood proop and excessive drinking the surgery play we had on the show, wow, a good story and great back then in 2011. intuitive was focused on prostate-related ailments. they go in your pancreas, liver, the whole surgery has had a renaissance after a full stop caused by covid and the numbers will be good enough intuitive surgical can rival i

or brain mastercard, or a 2nd to make it 6. and alexander pop climbed off the bench to complete the route in the 84th minutes. 71, it finished the result. what's the world's one point behind by your and with 3 games left? a dream one. this league and champions league devil is still very much on and that's it from me and those team don't go away news asia we've been presented as of next. we've been look ahead next week and selections in time that you have office invalid for me and it is the price for the making raring to read. if there is any erotic between them, you'd have to find it between the lines. the literature, 100 german must reads a hey guys this evelyn charmaya, welcome to my pod cast. last matters that i advised, celebrities, influenza, and experts to talk about all plain loves, thanks and data. and yet today, nothing less the south. all these things and more and the new season of the fuck. com. make sure to tune in wherever you get your thoughts costs and join the conversation. because you know, it's last matter the

for the relocation of russians, the fact that they opened cards abroad not in russia of visa and mastercard systems, as well as the growing popularity of such services as the purchase of goods not available in russia because of the sanctions , the finnish energy concern fortum stated that it categorically objected to the transfer of its russian subsidiary under the temporary management of the federal property management agency, and that it notified the administration of this president on april 25, vladimir putin signed a decree that allowed the federal property management agency to transfer 98% of the russian company fort , which has seven thermal power plants in the country , as well as a wind and three solar plants, everything that happened in the finnish fort is called a gross violation of international law and the rights of fortem, as a foreign investor presidential press secretary dmitry peskov today, answering journalists' questions , said that the action of the russian authorities is a response to the steps of unfriendly countries. and that these actions are carried out in accordance

i will catch up with the ceo of mastercard. we will discuss the risks to capitalist society. that's a big one. i don't know whether i have read enough for that. michael miebach. the sotheby ceo, we have come off the geneva sales in jewelry. and steve schwarzman later in the day to talk about the global state of markets. i'm sure the debt ceiling will be prescient, along with the fed. i am curious what the sotheby ceo will say about that luxury jewelry market in geneva last week. i don't want to spoil it, but do you know what i picked up for you on your birthday? dani: a nice secondhand rolex watch from so the base? manus: rolex watches are down but there is nothing for sale in dubai. good morning from qatar. dani: perfect opportunity for you to buy. manus cranny in doha. a schedule market check. mission accomplished for the central bank of new zealand, saying they are done with a hiking cycle. the kiwi dollar is down against every single currency, down significantly versus the dollar. i don't have it up for you, but believe me, it is bleeding today. the new zealand two-year y

former mastercard boss ajay banga has been elected to lead the world bank, as it strives to help low—incomebat climate change. he begins his five—year term on 2 june — replacing david malpass, who sparked outcry by appearing to question the role of humans in climate change. us regional bank stocks tumble in pre—market trade — while european stocks held losses after the european central bank raised interest rates by a quarter point. contracts on the s&p 500 fell as pacwest bancorp said it's in talks with several potential investors and first horizon corp. in their place, is a sophisticated system of sensors and monitors. allow them to travel faster with fewer hold—ups. allow them to travel faster with fewer hold-ups.— fewer hold-ups. you go over a “unction fewer hold-ups. you go over a junction and — fewer hold-ups. you go over a junction and we _ fewer hold-ups. you go over a junction and we go _ fewer hold-ups. you go over a junction and we go over- fewer hold-ups. you go over a junction and we go over the i fewer hold-ups. you go over a - junction and we go over the mainline waken increas

former mastercard boss ajay banga has been elected to lead the world bank — as it strives to help low—income begins his five—year term on 2 june — replacing david malpass, who sparked outcry by appearing to question the role of humans in climate change. los angeles based pacific western bank has said it is in talks with potential partners and investors after shares in the lender tanked, along with several other us regional banks. pacific western said it had not experienced any unusual deposit outflows since the sale of first republic bank tojpmorgan chase & co on monday.shares in pacific western fell 52 per cent on wednesday. investors remain concerned about the health of regional banks. to india now — where the central bank — the reserve bank of india — says the nation will need a trillion dollars in financing by 2030 to combat the effects of climate change. it comes as indian—born ajay banga is elected as the new head of the world bank — first indian american to hold the prestigious role. the bank is trying to pivot its activities towards helping developing nations cope with climate change

they can drive revenue because visa and q1 posted visa with no card present and that was up 9% the mastercarde amazon that has shown sales flat in q1 and that's point number one. point number 2, paypal versus applepay is paypal losing market share to competitors and how is paypal leveraging the brand and the third thing is the traction with merchant and the payment level previously paypal had a 75% traction with the top 100 internet retailers around the globe and 33% of those hundred retailers use a more advanced version of paypal. so will the penetration increase and last, but not least, but is very important, the fact that they do not have a ceo successor. the ceo dan schulman is set to retire by the end of this year they still haven't named who is going to replace him, thinking about we're in may right now and you want a long-tomorrow plan for this company and there's no ceo. how do you do that >> how about elon musk, anybody? >> paypal, if anything, one prediction was the ceo of pinterest, bill ready. >> i was going to say rivalries? frenemies and craig, what would you do with shares of p

the 63-year-old is a former president and ceo of mastercard. like his predecessors, he is an american citizen who was born in india, naturalized in 2007. he will be tasked with implement and reforms at the world bank and in particular, helping developing countries tackle climate change. the indian budget airline gopher has filed for bankruptcy and canceled all flights for the next three days. the group which owns the carrier says it is not planning to give up quite yet. the bankruptcy filing underscores stiff competition in the aviation sector as post-flights roars back. >> with travel plans up in the air, passengers vent frustration . they were meant to fly with ultra low-cost airline go first, but the carrier canceled three days of flights after filing for bankruptcy. >> i booked tickets for months ago to save money, and now they have been canceled. >> now i have to pay extra for any >> -- now i have to pay extra for a new ticket on a different airline. >> the airline was forced to ground half its fleet. it's filing also revealed india's thir

the smart card has been this is the purpose of what we want, this culturalization and the use of mastercard bank cards, in fact, the disturbing boom for this work is that, at least based on the information and statistics that can be extracted, the amount of false consumption of different uses of different classes of cars based on information that the burned transactions of the position are available to me they allow us to see what is in the program of the organizing mechanism. inside the station, there are 4 to 8 fuel nozzles on each suppression , depending on the number of them and the fact that we predict what percentage of people will visit the station now. it is not the first companion, the amount will be given to the place that people can use. in addition, i request that people use their personal cards, so that in the process of our organizing , we will go back and forth to the courses before 2019. from estrari card only in case of emergency this system will be used in the fuel supply stations, this system will also include software measures, software measures and software measures rel

of maximum unprecedented uncertainty as the new president of the world bank , the former head of mastercardanga, is elected. here he is talking about this in a statement by the press service of the international credit organization. american indian businessman origin will take up duties from the second of june. well, it is planned that he will hold this post for five years, the bank will be replaced by david mouse, who is retiring. almost a year ahead of schedule, the candidacy of the new leader was nominated by the president of the united states since the ninety-sixth year, banks worked first in large american companies, and then you on the us government, his election means that the unwritten tradition remains in force in accordance with which the world bank since its foundations have always been led by the americans, but the imf representatives of the old world. well, very briefly rapidly about the dollar exchange rates. you can buy for 79 rubles. 30 kop. euro 87 57 is all. yes, thanks artyom, we will keep it in mind, but we have a short advertisement now. and after watching the program,

but you have been elected president of the world bank by the former head of mastercard ajaibanga, thiss stated in a statement by the press service international lending institution. the american businessman of indian origin will take up his duties from june 2. it is planned that he will hold this post for 5 years of the bank, replacing david maus, who is retiring. almost a year ahead of schedule, the candidacy of the new leader was nominated by us president joe biden since 1996, banks worked first in large american companies, and then for the state government. to other topics, the former toyota plant in st. petersburg will produce russian trucks and electric cars, tass reports with reference to the leadership of the alma-asantey concern, with the support of the ministry of industry and trade, they plan to use the site to fill the deficit in the civilian vehicle market. it arose after the departure of foreign companies. well, let me remind you that the plant of the japanese automaker in russia has suspended. e work since march last year. after 12 months. the enterprise was transferred t

visa and mastercard assets of the central bank placed for restrictions were frozen abroad, and energy resources, especially the oil and gas sector, the european union, together with australia and the strange big seven, introduced a price ceiling for russian oil in the world of $ 60, and also imposed restrictions on the supply of petroleum products, gasoline, diesel engines, kerosene, navta and fuel oil, in addition, countries the eu suspended the visa facilitation agreement with russia tightened the procedure for issuing multiple-entry visas for russian tourists and increased the duma visa collection. along with this, europe closed its sky for russian aircraft and introduced a ban on the sale of aircraft and spare parts, communication was also broken through international cooperation under sanctions pressure. russia withdrew from the council of europe and the world tourism organization suspended its membership in the council of the gedassembly ahead of schedule. he's on human rights. last year, for the first time in the history of anti-russian restrictions , the institutes of cultural

are registered in china, the united states and the united arab emirates , you can use visas and mastercardshat were issued in our country in march last year. b payment services left russia after that, they stopped accepting domestic plastic under their brands abroad, but international tourist sites interested in russian customers are therefore looking for ways to provide convenient payment, in particular through foreign banks that can work with our financial system, and the past edition of the experts. they say that in the future, new payment options will be picked up by other sites. at the end of the issue, let me remind you of the exchange rate for today, the dollar is 76 rubles. 82 kop. euro 84 90 and that's all for now. now by the events in the special military operation zone, the fighters of the group of russian troops in the east destroyed the enemy reconnaissance group in the south donetsk direction, all the details were told in the press center. in the southern donetsk direction, the advanced units of the vostok group, with the support of a mortar batteries were destroyed by the rec

but, it's lagged some of its counterparts in terms of payment services, visa, mastercard have outperformedrican express has outperformed it the last six months or so. i think there's some catching up to do if it can sort of break out of this doll drum here, this trend that's been in this range bound area it can move to the upside. it's looking more and more like a value play itself. i fully expect the earnings growth to be come in at 23, 25% guidance going forward, which is when a stock is trading in the teens on a multiple p/e, relatively cheap on a valuation basis. a stock that's already moved, maybe i don't want to jump it and chase the stock, i'll use options to play this to the upside, and when i do that, i'm looking at a call spread it's a vertical, in terms of using two separate months to do that, two separate expirations, i'm looking to buy the june -- yeah, the june 70 calls for just under $8, sell a may 80 call this is an expiration that's expiring next friday so as long as the stock doesn't sort of gap through 80, which would be quite a big move for the stock after earnings, we

cool, so then i'll get pretty soon my mastercard years upon a mother who so much hello. it's a pleasure to have it over to the low. the put to our goal is to learn how i'm one of those, how some of the more than 16000 of these automated bins being installed in solar. this is the innovations like these together with chick government relations that has enabled soft career to turn its foot waste, prop them around. if there is one place that symbolizes the success. escape hawk located west of tower trucks, a 10000000 visitors annually. but only 30 years ago, this is what it looked like. then it was the largest len feedings. it was a place that sauce koreans cord. the land of this the professor team is the lead, skip architect who has been studying this box from some nation. wanted to take it on in today if you want me to touch on deciding some point it is all all led him to do a 99 apple. so how do they do a 90 legal, funky village on sunday? they'll get in a wonderful how would i find that i'm doing was i'm excited. how will you be able to to see this? hopefully all will ge

are registered in china, the united states and the united arab emirates , you can use visa and mastercardich were issued in our country, to pay, let me remind you that in march last year, both payment services left from russia, after that, they stopped accepting domestic plastic under their brands abroad, but international tourist sites are interested in russian customers, so they are looking for ways to provide convenient payment, in particular through foreign banks that can work with our financial system. experts. they say that in the future, new payment options will be picked up by other sites. at the end of the issue, i will remind you the exchange rates for today the dollar is 76 rubles. 82 kopecks euro 84 90 and that's all for me for now. the most difficult process piling experience plunging such a length of piles of such a diameter in russia was not many technologies because of the sanctions , it was not just a single bolt to use. it was not foreign to look at these people who, in harsh conditions, perform quite difficult work and you can simply admire the deadlines were the most s

my mastercard is upon the mother who so much hello is so positive and futile. the toner, low, the put to our goal is to have him on the mood and $16000.00 of these automated beans have been installed in solar innovations like these together was trick government regulations that have enabled soft career to turn its foot waste, prop them around if there is one place that symbolizes the success. escape hawk located west of power trucks, a 10000000 visitors annually. but only 30 years ago. this is what it looked like. then it was the largest land feedings. it was a place that sauce korean scored the land of this the professor came. is it let's get architect who's been studying this fox transformation, one of the biggest one in it today. you don't decide to complain about it is all all what led him to do a $99.00 apple. so how do they do a 90 legal once it goes up on sunday, they'll get it into one that will. how would i find that i'm doing was i'm excited . how will you be able to to do this? hopefully all will get on with it or you don't want anything. was going i

humanitarian assistance. survivors of the 1994 rwandan genocide, one demand charged with the organizing a mastercard at a catholic church to face trial. in rwanda, full jones cachimba was arrested in south africa or off to been on the run for more than 20 years. catherine story report some of the young gate to genocide memorial in western rolanda, a modeling uga cherry austin, visits these memorials in young gate. during the 1994 genocide, a catholic church stood here up to 2000 to seize who had taken refuge in the charge . what held melisha from the who to community tried to set the building on fire. and when that failed, they demolished it with a bulldozer. look at the t rex was on her way to the judge when the attack happened, how parents and other relatives were killed. she sees a full gains. keisha ma was a well known police officer in the area your mind just to get ahead of the georgia . i was concerned when he came to a funeral and refused to allow us to barry or naples. i also had him tell the young who 2 men to prepare to kill the tutsis and slots of their cattle. that's why we decided to g

so why we're here is because of this month and as is how much the mind that a mastercard, in one way about 2000 people were killed women, children, and men as well. and what they did is that they went to this chart to do the catholic church, and they bought few walls and they burned down the charged with people. what insides um. so during the general side, many, many people ran to the charge to $0.06 salt list because they thought that that is where it would be protected kids. that was not the case. we know also that one of the charge the, the, the priest was in charge of that particular charge and that was supposed to protect this victim. was involved in that muscle guard. he's currently in jail. and the zip code is over cetera. and direct to the procedure think tank. he says the rest is good news for the victims families. so it was not an easy process, but they've been following in for the past 20 years. and this is the coordination between the united nations and sort of can police and you know, i'm switching it is going to open all the wounds. uh this but also it, it, it, it shows

and uh, what she is being accused of is that he participated in the mastercard of 2000 people in a charge. and he said to have been the one who bought fuels a to barn down uh the charge and to uh, bring down the church buildings. and during that time, all the time, the, we talking about a 2000 people, children and you know, and also new elderly women all trying to save themselves and, and, and basically what happened is that they had no way to get house. so they basically was just helpless, and this man, uh, and others participated in that. uh, not mazda, of course. and we also know that the, the, the priest was in charge of that catholic church is in jail. he will also, she was also involved. so she's in jail now. catherine, what system of justice is in place? full perpetrates is lakeisha ma as well. you know, the government has its own system. many people have already been arrested. they have a have been convicted een wanda itself. we also have the clinical to claim the i see the um, courts uh, in the hague. that has uh, also uh, investigating some of the people into the, uh, a mazda of

so why we're here is because of this month and as is, oh must the mind that mastercard, in one way about 2000 people were killed women, children and men as well. and what they did is that they went to discharge is a costly charge and they bought fuels and they burned down the charged with people. what inside um, so during the general side, many, many people ran to the charge to seek the salt list because they thought that that is where they would be protected. kidding. that was not the case. we know also that the one of the charts lead to the priest who was in charge of that particular charge and that was supposed to protect this victim uh, was involved in that mazda. of course, he's currently in jail. what kind of statement was one of the group of suspects being charged by the prosecutor's office from you in criminal tribunal on rewind? 3 others still remain at lodge the full measure of 2 communes. and the businessmen were curious of insights in some cases, taken pots and the coming of 2 suits. tracking them depends on the help and intelligence from national government. the prosecutor's

georgia uzbekistan armenia kyrgyzstan in the past, experts called several reasons in russia visa and mastercardpularity of services such as shopping. goods unavailable in russia due to sanctions the russian stock market starts on friday with growth oil ruble continues to grow. today, the dollar was already released, below 77, for the first time since march 31. analysts of the sberbank of investments explain it so probably. exporters sell currency before paying dividends, and the demand for currency from foreign companies leaving russia is weak between the may holidays . bali is preparing to introduce quotas for foreign tourists. the authorities are worried about the behavior of vacationers. mostly russians, governors of the indonesian island. bali wayan. coster said the authorities would no longer welcome mass tourism and going to limit the number of incoming tourists. his words lead to local portals. the governor explained that one of the possible systems. here, so that foreigners register a year before the planned arrival, if there are no places, then people will have to stand in the line of

and what she is being accused of is that he participated in the mastercard of 2000 people in a charge. and he said to have been the one to watch fuels a to barn down uh the charge and to uh, bring down the charge buildings. and during that time, all that time the, we're talking about a 2000 people children. and, you know, and, and also the elderly women or trying to save themselves and, and basically what happened is that they had no way to get house. so they basically was just helpless. and this man and others participated in that, uh, not mazda, of course. and we also know that the, the, the priest was in charge of that catholic church is in jail. he will also, she was also involved. so she's in jail now. it's in base, if a could, a is a researcher and director of the efforts in the think tank. he says the rest is good news that the victims, families it was not an easy process, but they've been following him for the past 20 years. and this is the coordination between the united nations and sort of can police and, you know, unfortunately just going to open orleans uh this but also it

and as is how much the mind that mastercard, in one way about 2000 people were killed women, children, and men as well. and what they did is that they went to discharge to the catholic church and they bought a few walls and they burned down the charge with people. what insides um. so during the general side, many, many people ran to the charge to seek the salt list because they thought that that is where they would be protected kids. that was not the case. we know also that the one of the charts lead to the priest who was in charge of that particular charge and that was supposed to protect this victim. was involved in that muscle guard. he's currently in jail 8 organizations and sit down and say deliveries of medicine and food are being blocked by fighting that to be multiple. breaches of a ceasefire were started on monday between the army and the part of military rapids support forces. law who had problem is in a dire humanitarian situation with power. outage is often less think up to 3 days in a row. what the cuts give us for 5 days or even a week. medical supplies are also east coa

because when you tap or order online with your mastercard at restaurants and grocery stores, mastercardas individuals, we are powerful. but never as powerful as we are when we come together. the strength of us: priceless. ♪ what's with the double mcnuggets? oh this one's my backup, in case something happens to the first one. [crunch] mmm. see. get one favorite like 10 piece chicken mcnuggets and get another for just a buck, right now at mcdonald's. why do dermatologists choose dove? it is gentle. it is moisturizing. as a dermatologist, i want what's best for our skin. it not only cleans, hydrates my skin... with 1/4 moisturizing cream, dove is the #1 bar dermatologists use at home. ♪ i'm getting vaccinated with prevnar 20®. so am i. because i'm at risk for pneumococcal pneumonia. i'm asking about prevnar 20® because there's a chance pneumococcal pneumonia could put me in the hospital. if you're 19 or older, with certain chronic conditions like copd, asthma, diabetes, or heart disease or are 65 or older, you may be at increased risk for pneumococcal pneumonia. prevnar 20® is approved in

look at mastercard and visa's volumes, typically in that low double—digit range, but the tpv, transactionlayers in the space is lower than that of the market so a lot of competitors are fighting each other. there are fighting each other. there are two sides of the market, there is a consumer and the merchant side. paypal is one of the few platforms that has a two sided marketplace but hasn't been able to extract the benefits of having both sides, so fact they are getting squeezed on both sides — the merchant side they are fighting against players like magstripe and the old players like global payments, and on the consumer side paypal and venmo is fighting the cash out from square like apple pie or google pgy- square like apple pie or google la . ., , ~, square like apple pie or google a. . .,, pay. quickly, how is the collapse _ pay. quickly, how is the collapse of _ pay. quickly, how is the collapse of the - pay. quickly, how is the collapse of the bank - pay. quickly, how is the - collapse of the bank impacted the sector, such as the small authentic start—up that would be a challenge to

at restaurants and grocery stores, mastercard will donate one more cent, up to $5 million to stand upncer. as individuals, we are powerful. but never as powerful as we are when we come together. the strength of us: priceless. ♪♪ you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> let's bring in a strong company, e everywhere ey chairman carmine di sibio joining us now great to have you here on the show. >> great to be here. great to be here. >> you know, you talk to everybody. i mean, even talks to the king, the king of england, showed up there in the coronation. >> yeah. >> are people going to stop hiring for now because of the economy and also because maybe you can hire people, chatgpt is cheaper >> we have been seeing a slowdown in hiring across the board, in particular professional services which is what we're in, but any kind of more professional jobs so that has been slowing down. that's somet

i appreciate mastercard, resilient grower and expecting mid-teens growth expected by travel and risingrgins. >> jennie harrington >> columbia bankshares and this is umqua and columbia that merged and it got thrown out with the baby with the bathwater and here's what's cool they actually just raised the dividend today and only by a penny which isn't a lot, but it's a huge statement. >> so let me ask you this, you say it's a super high quality regional bank and it very well may be and if you say it is i have no reason to not believe you, but other people said and not that first republic was a super high quality regional bank either, but when things are as volatile as they are in this space, and sometimes it's ask questions first and then later with this space. because i'm for the columbia merger, they had to mark their entire investment portfolio to maturity so they're not getting caught up those are all marked right now >> okay. so they don't have any of these hidden, lurking demons in the background it's a well-earned company and totally different business than at first republic. >> go

. >> ge, mastercard, and then oracle, microsoft, nvidia. think i saw darden in there as well, take two a pretty nice rounded group of 52-week highs. we'll talk soon maybe about whether 4200 is a ceiling again for the bulls. can they manage to crack that? >> pain trade seems to be higher with the bearish sentiment and positioning. we'll get more reads on the consumer all weeklong. we had walmart today which was good tomorrow footlocker will be out. we'll speak to ceo mary dillon on this show on earnings that stock is up 11% this year, considered a turnaround under her watch. she used to lead you will at that ulta and had a very good run. >> we didn't really mention the schwab debt raise from last night. the three best days for the kre i think since 2021, so how quickly, and can we keep that out of the conversation? >> that stability certainly bodes well for the economy and the overall system and not so much for the fed if you think the fed is leading to pausing and cutting rates this year. >> plus balance sheet this afternoon, we'll watch fo

numbers up but longer term, is this just a commodity >> that's absolutely the conversation visa and mastercardtinue to have massive premium valuation for the rails for whoever is rolling along them >> they have done such a good job in protecting that moat and those rails. that's a hard business model to argue with, even at one point you thought block and paypal could challenge that. >> even if some day there will be pressure on fees. that's been the story for a long time hasn't happened much dee, thanks a lot. talk to you soon. >>> up next, piper naming its top picks to play the banking turmoil. >>> cnbc is celebrating asian american and pacific islander heritage throughout the month of may. here's keto's founder and ceo. >> as a woman of indian heritage in the tech sector where funding is really limited and more so venture capital, recognition is extremely minimal. what you have is your power to believe in yourself. and do not lose your vision or your mission because that's what makes you who you are. and achieve all those goals by remaining as steady as you can and never quitting you know do

we're seeing it in places like visa and mastercard with their stocks rolling over for the first timewhile. so the retailer is something i'm worried about. but this is a stock you need to avoid until you have a better understanding of why they missed by such a wide margin. >> we're showing that, and visa is down 5% this month. so let's move on to something else that has been working c 3ai, up 250%, but giving back 10% of that today. last quarter, they hiked their guidance saying the business overall is the most active they have seen and seems to be accelerating so we're watching to see if that's true and how their path to profitability is progressing. all right. matt, c3.ai, what do you do with this stock >> the hard part about this, as you just mentioned, kelly, they preannounced just two weeks ago, are they going to do a repeat of what we saw from nvidia where they knock it out of the park? it's hard to do that two weeks after you preannounce. and the stock suis up 60% since that preannouncement and we have seen until today a parabolic rise in the stock. even if you think it's going

visa or mastercard to say you owe us 30,000 dollars by the end of the month.ou've got to pay the 30,000 dollars per you've already spent the money. if you think there is a problem with that 30,000 dollars and don't spend the money next time. i think washington is to get its head around is what is a sensible reasonable budget policy. one of things that happened is we've been through a period of very low interest rates for 20 plus years. both sides they'll republicans and democrats felt they could borrow as far as the eyes can see. republicans tech taxis democrats increased spending. we end up with 30 plus trillion dollars of debt. now interest rates are rising for that party's got to end. got to pay the bills and come up with more sensible spending, taxing spending policy. stu varney think that's possible? bill clinton succeeded in getting that debt down varies very proud of that. could we get back to those days? and what you do about the 30 trillion? what sort of the reasons clinton did that and i should say before clinton put in budget policies that help to b

ever, with hot travel demand a theme we've been seeing across multiple companies this season visa, mastercardvery strong guidance joining us in a first on cnbc interview is hyatt ceo mark hoplamazian. it sounded strong and you specifically pointed out asia. i wonder if you can characterize the rebound we're seeing there. >> sure. carl, great to be with you thanks for having me we've seen a remarkable recovery as soon as the national government in china released the covid restrictions, the chinese population got on the road and it's been very interesting to see the profile of it. so in greater china, we are a little off of 2019 levels. maybe 4% below that. in mainland china we're 10% ahead of 2019 levels that's with 60% decline in inbound international travel into china and it's more than made up for by 30% increase in domestic travel. these are chinese citizens traveling within china it's been quite a remarkable and fast recovery. >> you've made a point in recent quarters to talk about your differentiated model i wonder if you're expecting weakness in the back half of the year or in '24 and h

go buy mastercard. next, has yet he stabilized? everybody loves yeti. i carry water. don't you? the stock has not been that great. yeti, not responsible for that. in a world that's impossible to beat the numbers because there are so many knockoffs, i think it's doing fine. i think consumer discretionary has been a loser. i like to listen to them, because it's a terrific company. i wish other companies would stop stealing their ip. finally, friday, after close, st. louis president james bullard speaks this guy as become my true north in this market. today, the fed finally went where it had to be to beat inflation. he also knowledged the end of the tiniest cycle. that is my thesis exactly. i'm getting it from him, or whether he's getting it from me. if we have more banking headaches this week, i wonder if you will say, going too far. i trust, can't wait to hear what he says. he had good comments today. bottom line, we know there's no real.let around next week. we also the clock is ticking on the debt ceiling deal. i don't have faith in these her side and the market field, and i ke

bigger volumes than mastercard and visa, what would we do in that scenario?d the world, governments around the world are looking at issuing digital currency using technology that makes bitcoin possible. china created the chinese digital yuan which is version of that takes away our liberty, takes away our privacy. the u.s. if it does do this, which is very real and happening now i hope it is aligned with our values and principles as a nation. like nuclear technology, it can be used to make low cost energy or drop very serious bombs that create great destruction. if we contemplate these big ideas i pray we do it in a way which is alignment in values and principles we hold dear. neil: the latter part you wish remains the case. great talking to you. brock pierce. i want to go to grady trimble meanwhile on capitol hill where they're taking up the issue of artificial intelligence, that hearing will get worldwide scrutiny come tomorrow, right? >> reporter: it will, neil. the lawmakers are saying this hearing is the first step regulating artificial intelligence. this

. >> charts and mastercard look fantastic. >> i will see you on "closing bell."now on "the exchange." >> thank you very much hi, i'm kelly evans and tyler mathisen welcome to the fed edition of "the exchange," we're live in washington, d.c., as we enter the countdown. it comes as the regional banks rebound for now, but we've been here before and the fallout from the bank turmoil seems far from over what fed decides today could seal the degree of pain yet to come. >> and we have all the angles covered from the stock market to the bond market to the economy, and how rising interest rates will impact consumers like

so why we're here is because of this month and as is how much the mind that mastercard, in one way about 2000 people were killed women, children and men as well. and what they did is that they went to this started as a catholic church and they bought a few walls and they burned down the charged with people. what insides um. so during the general side, many, many people ran to the charge to 6 cent solis because they thought that that is where they would be protected kid. that was not the case. we knew also that the one of the charge, the does, the priest was in charge of that particular charge and that was supposed to protect this victim. was involved in that muscle guard. he's currently in jail lead to of the of keepers. right wing munitions being sentenced to 18 years in jail for his role and the attack on the us capital in 2021. so it rates as one of the 1st people to be sentenced for suspicious conspiracy, as well as other crimes, an official hospital from washington dc. no roads in court said he was a political prisoner, was only crime, had been to oppose those who were trying to des

this is equivalent to a sane, you know what, we're not going to pay you, chase, mastercard, whatever,use we don't feel like peÑa, leaving that we all the money, right? >> it's basically. that we have 31.4 trillion dollars, and debt but the thing about the united states, we usually pay our bills. that's why our bonds are so trusted by governments and investors around the world. if we don't pay our bills, if they go through the debt ceiling, that's a sign that we can't do, that in that we receive that credit rating downgrade, that means the value of everything that is held williams of dollars around the world, goes down. it's not good for the united states, is not good for the people that hold our bonds, and not good for consumers. those interest rates are going to fly higher if we pass through this. >> we've talked about credit card, you know, interest rates. that also includes things like mortgage, rates right? it includes things, anything that's not a fixed rate. let's talk about how people will pay those bills. let's talk about jobs. our jobs potentially going to be impacted for ame