midtown manhattan is completely frozen. not just this area, but this is a major intersection. you can get a sense of what is unfolding in the very heart of new york city on a beautiful thursday afternoon. an area that would normally be teeming with people to enjoy the nice weather. tourists as well as new yorkers has now come to a grinding halt. the pedestrians on now behind the police barriers. now i'm getting an updated figure on the number of people who are injured. now we are told that figure has been put at 12 people. 12 people injured, one person confirmed dead. no information at this hour about the driver of this vehicle. we are told he is in custody. no mention of his identity or where he has now been taken. was he possibly injured when this car hit the steel pole and finally came to rest? it we heard one of the witnesses say that a bicyclist was arrested and taken away. we are being told that the area we are -- we're being told we have to leave this area because the vehicle, they're trying to figure out this area safe. now they're moving back to media and the public.

. >>> this was the unusual scene here on a street in midtown manhattan. taxi flipped over after sideswiping another cab. and then hitting a guardrail. along 5th avenue. now the driver and a passenger were inside. they were taken to the hospital and are expected to be okay. new york city police eventually put the cab upright again. boom like they have done it before. exact cause of the crash still under investigation. >> wow just like that. on the west coast taking a look at a crash of a different kind. >> yeah, many are calling it a survival story. we first showed you the dramatic video of the crash of a small plane in washington state. well this morning, we're now hearing how the pilot of that plane managed to avert disaster. here is gio benitez. >> reporter: the incredible survival caught on camera. a small plane coming in for a crash landing at an intersection during the afternoon rush hour in washington. catching fire, as it clips power lines, traffic lights and even cars. drivers watching in horror. >> i said get down. i could feel the heat on my fac

we met up with a few of them at the lamb's club bar in midtown manhattan. relieved after 25 years of pie -- >> two more pieces of this pie, mm. >> you're not a diabetic? >> i know, i take my blood sugar every day. >> you must exercise a lot. >> i'm happy i fit back in the suit. >> reporter: for those who weren't watching back in the day, "twin peaks" was a cop drama like no other. >> diane, i'm holding in my hand a small box of chocolate buddies. >> reporter: filtered through the mind of david lynch, "twin peaks" was a huge hit worldwide. >> didn't gorbachev ask george bush who killed laura palmer? >> evidently the queen as well was a big fan at the time. i heard she dismissed herself from an event on her birthday, she went upstairs because she had to watch "twin peaks." >> wow. >> capture and incarcerate. >> reporter: that's david lynch, so secretive about this reboot of the show. >> all music is a little twin peeks-y. >> reporter: he'd only talk to us by telephone. >> hey, david. >> reporter: his answers to most of our questions almost mono si sill labbic

sara eisen, jon fortt at microsoft's edu event in midtown, manhattan.is morning, apple is going to have earnings after the close tonight. stock hits another record high, its cash hoard could swell to a quarter of a trillion dollars. josh lipton joins us from apple hq in cupertino with all the details. hey, josh. >> well, carl, apple stock surged more than 60% from its low last may. so can tim cook keep those bulls in charge? after the close today, the street expects apple to report eps of 2.02 on revenue of nearly $53 billion. they are expected to ship 52 million iphones in the quarter. that's because many iphone fans could be delaying upgrades as they wait for that new iphone in the fall. he says the wild card this quarter, gross margins, apple could get stung by higher component prices, but could also benefit as is now withholding royalty payments to contract manufacturers in that ongoing brawl with qualcomm. beyond the hardware, a lot of attention paid to apple services which includes the yapp store ad apple music. they expect to reiterate comments f

located in midtown manhattan, more than 100,000 pedestrians walk through the heart of times square eachay. that number can climb close to 500,000 on the busiest days. >> there's no indication that this incident was terrorism related. >> reporter: the white house says president trump was made aware of the incident even before it was known to be a deeddead -- deadly situation. in may of 2010, a street vendor helped stop a car bombing in the very in new york, david lee miller, fox news. >> president trump spoke out today for the first time since the justice department appointed a special counsel to investigate possible ties between his campaign and russia. mr. trump said the investigation divides the country. he made those remarks during a joint press conference with colombia's president. take a look at wham the president said..., what the president said after a reporter asked him if he's done anything that's worthy of criminal charges or impeachment. >> i respect the move but entire thing has been a witch hunt. i can only speak for myself and the russians zero. i think it divides the coun

. ♪ vonnie: that is beautiful, sunny midtown manhattan. even though it is quite rainy out there.is "bloomberg markets. let's get a quick check of u.s. stocks now. .1%.ow is down a .2% drop for the s&p 500. the nasdaq is down .25%. abigail: once again, we are at the energy sector as one of the in sympathy with oil down once again, down 2.6%. down for out of the last five days, hitting a three-week low. disappointed with the opec extension cut -- if the -- this is continues the range of oil between $45 and $55 -- it is unlikely to break anytime soon. the technicals are very interesting at this point. this is a long-term chart of oil. we see the big crash back in 2014 at 2015. then, a bit of a range here. we do have a cross between the 50 day moving average and 200 day moving average. the last one for oil was pretty bearish. was prettyoss bullish. whether the buyers or sellers are in control -- we have a series of lower highs and lower suggesting more downside ahead. chevronooking at exxon, and konica phillips. this sector is under significant pressure this year. it seems as though

just rolling right down the street there in midtown manhattan. there was one twitter take that we loved. check it out. ♪[ music ] >> taylor macon is making it happen. he's the social media editor at usa today. got you there, didn't i? we tip our hats to you, you have won the internet for today. we're on our way coming right back. ♪[ music ] >>> head's up, that's intense music. sunday is the day, mother's day. you're a little behind the 8 ball. our digital squad, they got you covered. head to wusa9.com, last minute gift ideas, the works. you're getting hooked up. check out these salutes. to the mothers who raise the folks who work here on tv. and behind the scenes, including this lovely lady. oh, that's my mom, and me, way back in the day. so anyway, you're looking for those last minute gift ideas. you want to share photos of your mom as well, look at her, giving me the bunny ears. i don't know what's going on with my hair. let's get past that. >> all right, now to a remarkable story you'll see on wusa 9. it's about a marine corps veteran from vir

. ♪ >> pretty shot in midtown manhattan. quiet city at 5:00 a.m.ood morning, you're watching "fox & friends first". heather: this is how we do monday. thank you so much for joining us. we do begin with president trump slamming hypocrite democrats, words over firing of james comey good morning, griff. >> good morning, heather, rob. this is how we do fbi director picks. he's looking for a candidate that be confirmed and surprised at the

. ♪ vonnie: a gorgeous day in midtown manhattan. i bet it is in london.from bloomberg world headquarters in new york, i'm vonnie quinn. mark: we may agree to disagree. i mark barton with the european close just minutes away. vonnie: elian's is confirming its commitment to pimco, saying it has no plans to put its u.s. money-management business for sale. bloomberg talked to their ceo, dieter wemmer, about performance. >> we are $200 million ahead of our outlook for the year. insurance is always a volatile business. it's too early to address the outlook. is really that pimco great term for recovery. we had already a great last quarter in q4 and now q1 continues and i think q2 will also continue with the success story of pimco. >> how sustainable do you see that success at pimco? clients flocking two-year pimco income funds. how sustainable are the inflows? what do you see in the crystal ball? mr. wemmer: the crystal ball is that pimco is really doing nicely and is recovering. i think we should also understand that we are in a very volatile world and i think

. >> located in midtown manhattan, more than 3000 pedestrians walk through the heart of time square each day. that number can climb close to 500,000, on the busiest days. >> there's no indication that this incident was terrorism released -- related.>> president trump was real -- was made aware of the situation. >> for many new yorkers it today is what happened what had happened with previous terrorist attack. >>>david lee miller life for us in time square. >>> president trump this afternoon denied there was any collusion between himself, his campaign in russia. and is first news conference since the naming of a special counsel to take over the fbi russian probe. >> i respect the move, but the typing has been a witch hunt. there is no collusion between myself, my campaign but i can always think -- only speak for myself and the russians. zero. i think it divides the country. we look forward to getting this whole situation behind us, so that when we go for the jobs and go for the strong military, and go for the strong -- all of the things that we have pushed for so successfully including he

located in midtown manhattan, more than 3,000 pedestrians walk through the heart of times square each. that can climb to 500,000 on the busiest days. >> no indication this was terrorism related. >> president trump was made aware of the incident before it was known to be a deadly situation. today was a reminder of previous terror acts. in may 2010 a street vendor helped stop a car bombing in the very same area. in new york, david lee miller, fox news. >>> it is a beautiful day to be out at the beach. that's where we find chief meteorologist bill martin tonight. >> the waves, coalition annual benefit is this weekend. bill, looks like it's nice, but you have got the jacket on. what's going on? >> you know what? the wind came up a little bitful it's not chilly, probably about 63. i'm going for that ultimate comfort. it's a beautiful day out here at the beach. i'm with a surfer with save the waves coalition and this is the best party of the year, the big save the waves party on saturday and what can you tell us if people want to go to the heart pig. >> it is an environmental organization p

. ♪ midtown manhattan, live from bloomberg's headquarters, i am vonnie quinn, and this is "bloombergarkets." points, the s&p down .1%, the nasdaq down .2%. the major averages may be flat or down, but one subsector outperforming, the china related 7%cks, led by jd.com, up since the middle of november after a surprise profit of $.18 per share. behind this is a real surge in online spending in china helping china am a plus the largest e-commerce company alibaba, and yahoo!. hit is, a segment being the commodities complex. bloomberg at the commodities index, down .8%. down.its 12th session today being dragged down by oil to some degree, but also natural gas. down 3%, its worst day in two months. -- copperown 1.6% down 1.6%. china imports of copper have been plunging, causing copper to decline. there is some concern a credit tightening cycle in china or d leveraging is not just affecting copper, but also chinese stocks. let's hop into the bloomberg. this is 2015. the concern is the shanghai composite is down 6% from its highs in april. in 2015 ahead of the black monday when the shanghai c

when they were in midtown manhattan where her data analytics folks and her pollster and some of the peopleeally crunching numbers on how in the states where they were all working. it was the brooklyn headquarters. in the center where her victory party was. we spent a tremendous amount of time trying to piece together what happened putting together a tick-tock and trying to get the time element and there was a tremendous, there are a lot of things in this book that have not appeared anywhere all's. they were the first report in late november because we were afraid someone would report it before president obama had urged her to concede when she wasn't ready to. what the feelings were. among her staff and her family. we have all of this reporting and no one else did about this really incredibly shocking moment for not only the country but obviously the clinton people. so what was your favorite part of this book? so what was your favorite part of this book? that obviously because it took a lot of work. every author's favorite part is a byline. it's really the second favorite part. it was great

. ♪ vonnie: there is a lovely scene of midtown manhattan looking out over the river there.y stunning. the east river. i'm vonnie quinn and this is "bloomberg markets." let's have a quick check on where we stand with the major indices off their highs of the day. the dow is up 80 points. .he s&p 500 is up .4% and the nasdac is up .3%. and the s&p 500 is being moved higher by some chip stocks among other things. so let's get all the details now from bloomberg's andale doolittle. -- abigail doolittle. >> the first point to be made is mostly green. in fact, just moments ago, it had been all green but telecom has turned lower on verizon. but up top energy, more than 1%. we do have oil up four days in a row. nice gains for oil along with some of the big oil producers. oil up about 3%. this after russia and saudi arabia did report that they are in favor of extending the global oil cuts to march of next year. so that really seems to be giving oil a boost. oil is on the cusp of turning higher for the month. it it does, it will be the first time oil was up since january. oil had a bar

mccarthy is seen riding a motorized podium in midtown manhattan...weaving through traffic in front ofhe time warner center. spicer has been a frequent target of mccarthy...her skits impersonating the press secretary have made headlines and gone viral online. n-b-c is keeping quiet about the video. mccarthy hosts s-n-l tomorrow night on the network. in sports... gary joins us with his beautiful wife alicia to read fan emails. plus... we'll check in on how the giants are doing against the reds... and the a's against the rangers in arlington... gary has the highlights and all the sports coming up. i no longer live with the uncertainties of hep c. wondering, what if? i let go of all those feelings. because i am cured with harvoni. harvoni is a revolutionary treatment for the most common type of chronic hepatitis c. it's been prescribed to more than a quarter million people. and is proven to cure up to 99% of patients who have had no prior treatment with 12 weeks. certain patients can be cured with just 8 weeks of harvoni. before starting harvoni, your doctor will test to see if you've eve

vonnie: beautiful mid afternoon day in midtown manhattan.om bloomberg world headquarters in new york, i'm vonnie quinn, and this is "bloomberg markets." let's get a quick check of the stock indices. they're all lower. the dow down. the s&p 500 being dragged lower by some retailers, and that is down .4%. the nasdaq composite index down more than .4%. we're going to go back to the s&p 500, because we're checking in on those retailers with abigail. abigail: it is certainly an ugly day for the retail space. consumer discretionary is one of the worst sectors for the s&p 500. macy's down 14% on the day. kohls down more than 5%. jcpenney down 8%, on pace for its worst day since may of 2016. on the weakness of those, macy's and kohl's, both of those department stores, they missed same-store sales comps for the first quarter, put up very ugly quarters, especially in the case of macy's. a bloomberg intelligence analyst, she has an interesting take. when asked whether this was the demise of the retail store, she says it's more the evolution, similar to

♪ >> pretty shot in midtown manhattan. quiet city at 5:00 a.m.n this monday, good morning, you're watching "fox & friends first". heather: this is how we do monday. thank you so much for joining us. we do begin with president trump slamming hypocrite democrats, words over firing of james comey good morning, griff. >> good morning, heather, rob. this is how we do fbi director picks. he's looking for a candidate that be confirmed and surprised at the democrats resistance. >> i thought that this was a popular thing that i did when i terminated comey because all of the democrats couldn't stand him. because i terminated him, we get political trump, we will go against trump. >> eight possible candidates interviewed over the weekend. they are acting fbi director andrew mccabe, showing willingness to break with the white house publicly. senator john cornyn of texas and former texas attorney general, alice fisher and garcÍa and henry hudson, thorough judge for the eastern of virginia for striking down obamacare in 2010, adam lee in charge of fbi richmond

one trump property am midtown, manhattan had become, within a few years of opening, a drama of rushing money. here there are still big questions. . he could save a lot of time and money by releasing federal and state tax returns. in testimony before the judiciary committee last monday, they will be subject to come proo. easy to manipulate targd individuals with the prospect. >> p. his transition team, his campaign or his businesses. another big question mark. >> we know that president trump has had in his orbit very russia friendly figures. in 2014 who is director of the intelligence committee. had developed strong relationships with russian mirror taer. he flew to moskos at a pained kpur arns where he was once seated near vladimir putin. such a trip for a retired attorney general. . in late march 22016, paige told bloomberg colleagues that friends had been hurt by u.s. francs. >> on april 27, 2016, trump and several of his advisers, includi including. which wa hesed by the center. kiz knee ak attended the trump. in the days after the november election, russia's four-day deputy confirm

on this day in 1931, the empire state building opened in midtown manhattan. it rose 102 floors.chrysler are have said to make a bet who could build a taller sky scraper. despite a late start, the empire state building won. they added more than four stories a week. it held the title for some 40 years until the world trade center took its place and the lights first came on 86 years ago today. if you come to new york, you have to take the tire. it's quite a sight. i'm jon scott in for shepard smith. "your world" for neil cavuto is next. stocks up big, but the markets flat. neil will have that in just a moment. >> neil: may day and it got rocky in the city of paris today. better than 250 cities across the globe, most in the united states, this was the kind of thing playing out. not always violent, not always rough. all reminders a day that was meant to celebrate the american worker and then labor and then immigration and then illegal immigration. then the lgbt community and its rights. and then various presidents of the united states, including latest occupant of the oval office and

this morning she was spotted in full shawn spicer gear driving down 58th street in midtown manhattanwhite house podium. unbelievable. and in just a few minutes, the real sean spicer will be taking questions at the white house press briefing. you can see the podium there. he's back from his naval reserve duty at the pentagon. that's coming up right here on msnbc. the infamous traitor. and i know a thing or two about trading. so i trade with e*trade, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) mobility is very important to me. that's why i use e*trade mobile. it's on all my mobile devices, so it suits my mobile lifestyle and it keeps my investments fully mobile... even when i'm on the move. sign up at etrade.com and get up to six hundred dollars. gives you a reason to slow down and pull up a seat to the table. that's why she takes the time to season her turkey to perfection, and make stuffing from scratch. so that you can spend time on what really matters. marie callender's. it's time to savor. abrea

julia: from bloomberg world headquarters in midtown manhattan, this is bloomberg markets.'m julia chatterley. cody markets are closing in new york. gold higher for a third day following tepid economic data and north korea's missile launch on sunday. higher by .2%. copper prices also in focus in five of the past six weeks and nearly wiping out the year to date gains. higher by some .6%. , hitting its highest level in two weeks after russia and saudi arabia said they favor production cuts until 2018. toy meet on may the 25th discuss the proposal, but as you can see some optimism in the market today. 4890 the level there. scarlet: also helping oil is word that china will import more crude and natural gas from the u.s. >> the u.s. has very rich oil and gas resources while china needs to diversify its imported crude supplies. american crude will be one of our options as the u.s. government is listening restrictions on oil experts. -- oil exports. it is important for china to expand its natural gas ratio from the current 6% to 10% or 15% in the next five to 10 years. stayet: oil

melissa mccarthy spotted in midtown manhattan, building this week's episode. >> as this chaotic week comes to an end, many questions remain. when will the next fbi director and does the president have a recording device in the oval office or elsewhere recording conversations. the white house would not talk about that, but going forward. this issue of firing james comey sometime eeed the legislative agenda, they'll be traveling abroad next week, first foreign trip of the presidency. hoping that gets the president back on track. jeff zeleny, cnn. >>> let's get some perspective what's happening with sylvia better elly live from london. always a pleasure to have you. let's talk about the threat made on twitter by the president of the united states to the fbi director, former fbi director, james comey. first of all, what does it say about mr. trump putting that on record on twitter? what about the people around him who are supposed to be his advisers? >> first of all, we are talking about a threat, but depends who you ask if it is a threat. sean spicer said the president was stating a fac

. >>> leon harris here at the live desk with the developing story right in the heart of midtown manhattan. one person is killed, nearly two dozen are hurt when a car drove onto the sidewalk in times square. this happened in the middle of the lunch hour, one of the busiest tourist spots in our country. the car traveled three blocks, mowing down pedestrians before hitting a traffic pole. the driver is richard rojas, a 26-year-old man from the bronx, with two previous dwi charges. >> further investigation is ongoing. at this point, as the mayor said, there's no indication that this incident was terrorism related. >> identified as an 18-year-old woman. everyone else is expected to survive. law enforcement sources are saying rojas blew a 0.0, but say he may have smoked something before the crash. we'll hear from witnesses coming up in the next ten minutes. >> thank you. >>> new at 5:00 tonight, family and faith leaders came together today to hold a vigil for an undocumented immigrant detained by i.c.e. in fairfax county. lilliana cruz is a mother of two, she was detained at the fairfax field o

melissa mccarthy spotted today in midtown manhattan filming this week's episode. >> jeff zeleny, thank you so much. let's talk more with my panel. back with us, ryan nobles, we're also joined by david swerlic and nic robertson on. the wa"washington post" is reporting that trump is known to record conversations at trump tower and even listen in on talks at mar-a-lago. so i guess the suspicion is wouldn't he be recording conversations at the white house, too? >> yeah, there is a even evolving debate about the heldity of the recording at the white house, the tendency that i'm hearing so far from legal experts seems to be on the side of it's possible that that is legal. the president has said -- hasn't said much about it. and certainly the implication of the president's tweet was that he may have been reporting conversations including between him and director comey, although i did hear michael smerconish this morning say another theory is that he was sort of threatening comey with the possibility that comey might have been recording those conversations. that being said, i don't know any le

protesters lined the streets in midtown manhattan with some tough talk for their fellow new yorker. > say resign. i say stop trying to hurt the american people. >> reporter: even the staten island ferry carries a message. protesters plastering a sign to the side, #notrumpnyc. usually at each other's throats, this time around, new york city mayor bill de blasio defending the president's right to be here. >> now, would you prefer that trump never came to new york city? >> i hope he doesn't just drive by the people in the neighborhoods that used to be a part of his life but actually takes an opportunity to listen to people. but, no, no one should tell him he can't come home. i don't think that's fair. >> reporter: de blasio in a new york state of mind after congress included $61 million in its latest budget to cover the cost of protecting the president and his family while living in manhattan. first lady, melania trump, and youngest son barron still live at trump tower. >> we fought long and hard to get reimbursement for the protection of trump tower. in the final analysis, what the cong

fox business network's tracy krosco is live from the amazon store in midtown manhattan.ection things have been going. >> reporter: it really is. things have been shutting down, these bookstores, but here we are at a store opening up. 20 years ago amazon turned the book industry upside down. i want to show you exactly what they're doing here. this store is driven by databased on their website. so all of the books here all have ratings from the website. they are all also cover-ups so customers can come in and see exactly what they're getting. now, the other interesting thing as far as price. now, there are no price tags on the books. so you come up to one of the scanners, put the book underneath. you can see prime members, they pay one price. if you're not a prime member, you pay the list price. also, you can pay with the amazon app, you can pay with credit cards. no cash is allowed. we asked an amazon executive why the decision to open up a store when their website is doing so well? this is what she had to say. >> we knew that we could take 20 years of online book selling

streets of the big apple, but white house press secretary sean spicer driving down the streets of midtown manhattantake a closer look, had is actually saturday night lye tape a segment right in front of cnn's new york offices. sean spicer was actually comedian actress melissa mccarthy and who can forget how she has portrayed the press secretary previously. she's going to be hosting "saturday night live" tonight. you can bet we're going to see a lot of spicy. >>> cnn political commentator david axelrod is back on cnn tonight with his latest episode of the ax files. and i had a hance to talk to him about the firing of james comey. my colleague jake tapper reports that a source close to comey says president trump asked comey for a loyalty pledge at a private dinner back in january, and comey was apparently taken aback, refused to give him that pledge. the white house denies that this conversation took place. what's your reaction to the president allegedly requesting loyalty from the director of the fbi? >> well, one question is is he going to ask the next director for a pledge of loyalty and is that g

one trump property in midtown manhattan had become within a few years of opening a prominent depoz toeurney according to a report in bloomberg business week. so here there are still big questions. of course president trump could clarify these by releasing his tax returns. corrupting and compromising politicians. in testimony before the judiciary committee last wednesday, director comey acknowledged financial leverage has been exploited by russian intelligence over many decades. back to the days of joseph alsa, they used compromising material to pressure and manipulate targeted individuals with the prospects of damaging disclosures. has russia compromised, corrupted, cultivated or experted improper influence on individuals associated with president trump, his administration, his campaign or his businesses? another big question mark. we know that president trump has had in his orbit a number of very russia friendly figures. in august 2015, trump first met infor naturally with michael flynn who was director of the intelligence agency and developed strong professional relationships with russ

. ♪ from bloomberg world headquarters in midtown manhattan, this is bloomberg markets and i'm julia chatterleyollars apping barrel -- $50 a barrel for oil for the first time in months. analysts are optimistic that the cartel will expend -- extend the production cuts they announced last november. rising as much as 2% in intraday trading, and leading to their weakest -- the weekly gains since march. people are buying some downside protection in options ahead of that meeting, so we certainly want to watch. let's have a look at the metals space. gold trading at 2% this week. the biggest weekly gain in more than a month. investors looking for safe haven inbeen since -- investments all the turmoil in washington. in stock commodities, brazil, brazil, brazil. soybeans stabilizing after the biggest drop since august. they are rushing to balance the biggest political crisis in the country, sending the currency tumbling. let's check in with mark crumpton, mark? facebook praised julian assange it -- on facebook live, julian assange praised the swedish authorities investigation being dropped, but assad sai

protesters lined the streets in midtown, manhattan, with some tough talk for their fellow new yorker.i say resign. i say, stop trying to hurt the american people. >> reporter: even the staten island ferry carries a message. protesters plastering a sign to the side, hashtag, no trump nyc. usually at each other's throats, this time around, new york city mayor bill de blasio defending the president's right to be here. >> would you prefer that trump never came to new york city? >> i hope he doesn't just drive by the people in the neighborhoods that used to be a part of his life, but actually takes the opportunity to listen to people. but no, no, no one should tell him he can't come home. i don't think that's fair. >> reporter: de blasio and more of a new york state of mind after congress included $64 billion in the latest budget to kor the cost of protecting the president and his family while living in manhattan. melania and youngest son baron still live in trump tower. >> we fought long and hard to get reimbursement for the nypd for the protection of trump tower and the final analysis of

. ♪ >> from bloomberg world headquarters in midtown manhattan, this is bloomberg markets.a chatterley and the commodity markets are closing in new york. we begin with oil slipping today as libyan production climb to the highest in two years. opec ministers will meet later this month to decide on extending production cuts. meantime, u.s. crude stockpiles are forecast to fall by 2 million barrels. we will get those numbers tomorrow -- critical for the markets, of course. natural gas bounced higher today after yesterday's losses. storage gains could be below average this season. commodity whether groups also forecasting that below normal for cap -- temperatures in the northeast will return to seasonal next week. haslet fu: president trump promised to revive the struggling coal industry in the u.s. and bring back thousands of lost jobs. is this achievable question mark joining us, jason bordoff -- is this achievable? bordoff, onis jason the staff of the national security council. professor, thanks for joining us. blamehouse likes to obama's policies as the reason why coal has

scheduled to meet australian prime minister malcolm turnbull aboard the "intrepid" in midtown manhattanthis has got to be breaking president trump's heart. he's not going to be making a detour to his famed trump tower. but at the end of the day he's headed to new jersey, to bedminster to his golf resort. ♪ ♪ our longing >>> it's time for the "your business" entrepreneurs of the week. breaking up was hard to do for jeff and nate. but reuniting has felt so good. the owners of 5 string furniture in nashville are back together after a two-year break. jeff was running the business solo but now that nate has returned they're growing faster than ever. watch your business sundays at 7:30 on msnbc. >> brought to you by american express open. visit openforum.com for ideas to help you grow your business. american express open cards can help you take on a new job, or fill a big order or expand your office and take on whatever comes next. find out how american express cards and services can help prepare you for growth at open.com. find out how american express cards and services i am totally blind.

. >>> it's only 12 miles from midtown manhattan, but hackensack, new jersey, feels like another world. it's the largest city in bergen county, which is ranked as one of the most prosperous regions in the nation. just outside downtown hackensack is the bergen county jail. most of the nearly 900 inmates here are accused of crimes and are awaiting trial at the resolution of their cases. the majority of them are from somewhere else. many say bergen county is better than other jails. >> this is a country club. play chess all day. no problems. three tvs. it's country club. >> the country club reference goes back as long as i've been here. so i look at it as a compliment. a country club is a professional, well-organized, strict with rules and regulations. some of the hardened criminals like the dirty, grungy type of jail. they're not going to find that here. >> right here in bergen county jail, they got good, good people. just straight up real. >> with seven prior stays, enrique cruz qualifies as the jail's unofficial tour guide. >> this spanish harlem mover, except for the white guy in the

. ♪ from bloomberg world headquarters in midtown manhattan, this is "bloomberg markets."arkets closing in new york. crude is bouncing around after saudi arabia and russia signaled they could extend production cuts into next year, doubling down on an effort to eliminate a supply surplus. bloomberg is also reporting that some opec members are set to have discussed deepening those cuts in addition to extending them. let's move on to natural gas. accuweather is seeing temperatures below normal on the east coast and average in most of the central u.s., which means no need for air conditioning. inventories are another factor. they were 16% above the five-year average for the period. it is warming up, but not by enough to where we need to turn on air-conditioning. julia: not yet. let's get more insight on the commodity sector and haven assets like gold. gold little changed after thenuel macron's victory in french presidential election. joining us with a deeper dive into metals and oil, the commodity strategist for bloomberg intelligence. mike, great to have you on the show. let

julia: from bloomberg world headquarters in midtown manhattan, this is bloomberg markets.ommodity markets are closing in new york. we will begin with oil. it is reverting after its biggest loss in three weeks after investors had a tense reaction to opec's decision to cut production for nine months. they are saying that the cuts are working and stockpile reductions will accelerate in the third quarter. we are trading just below $50 a barrel there. let's take a look at the chart you can see here on the bloomberg. attracts u.s. production as a percent of opec production. that is what you are looking at in the white line there. you can see at the low point, u.s. output was at 12% of opec's level, and that is down there at the bottom of the red line, and if we bring it forward to today, you can see that it has more than doubled to nearly 30% of output. growingt shows the influence of u.s. crude production on global oil prices. the question is how much longer will it continue for? speaking of oil, the opec deal leaves lots of unanswered questions. we have more on that from vienn

julia: from bloomberg world headquarters in midtown manhattan, this is "bloomberg markets." closing, markets are and i'm going to kick off with gold continuing its rise. it is the laggard among the broader prater -- precious metal complex, but the move does gains as anweek's investor safety trade following the controversy over president trump's firing of fbi director s james comey and in the handling of sensitive information. in the meantime, oil rose above $50 a barrel and hit a one-month high. we've got opec this week preparing to meet extending oil output cuts. you can see it is higher 9/10 of 1% in trading. let's take a look at a chart you can see on the bloomberg. this shows the relationship between oil prices and a number of different emerging markets. if you look at the white lines on the bottom, that is showing you what has happened over the course of this year. the green line on the top, that is msci emerging markets index. the currency index is yellow, and in the purple, sovereign bond index. , evens tracked down though it has been pretty volatile. the emerging mar

. ♪ ♪ >> from bloomberg world headquarters in midtown manhattan, this is "bloomberg markets."julia chet lay commodity markets are closing in new york -- i am julia chet lay. commodity markets are closing in new york. gold is higher for a second day too, following the longest losing streak since october, but the haven asset remains near a two-month low. oil continued to rise after jumping more than 3% yesterday. all opecalgeria say members support an extension of opec cuts. opec raised its estimate for supply growth. chart.ake a look at a it shows how world supplies of corn are forecast to shrink. that is according to the u.s. department of agriculture. the bars represent world corn stockpiles. too soon to turn bullish on corn. harvests are still very close to records, something that has depressed records in recent years. on where more insight oil prices are headed as opec members meet this month to discuss production cuts. joining us is mike mcglone. >> thanks for joining us. we heard that opec is considering extending those production cuts, but it feels like those have been -

julia: -- scarlet: from bloomberg world headquarters in midtown manhattan, this is bloomberg markets'm scarlet fu could we have commodity markets closing in new york, so let's look the big movers. we begin with crude oil up today, but still cannot get past the $50 point, or even to it. most opec members will back an extension of production cuts. they help to arrays and other decline in crude. when you look at gold, dipping a big today, by 9/10 of 1%, at session lows. investors and bracing risks after yesterday's selloff. in the caps off commodities -- sugar, soybeans, and coffee, all declining today, getting caught up in the criminal -- political turmoil surrounding brazil's president. the currency is falling today. some concerns about what happens next in the country. let's get you a check of the headlines meantime on bloomberg first word news. mark crumpton. mark: several white house advisers have reportedly urged president trump to hire an experienced outside lawyer to help him deal with the growing controversy over whether his campaign had ties to russia according to "new york ti

which was out of control in new york city has struck a group of pedestrians in times square, midtown manhattanxtremely popular part of new york. lots of tourists, more than ten people appear to have been injured, some of them seriously, there have been reports that some people have been... have been taken away to... intensive care units, in other parts of new york city, and that emergency operation still going on, image of the cart —— car there. police say they think it was an accident but they are stressing that they have no immediate confirmation of the nature of the incident. i think it's fair to say that they have no firm conclusion about precisely why this happened. ambulance there, police cars there are, within minutes of it happening, and the emergency operation in new york still going on. if there is an update on it, in the next few minutes, i will come back to it, these are the latest images we have from new york, after this car hit several pedestrians in times square. police in cheshire have launched an investigation following a number of deaths of babies at the countess of chester h

because it's hard to organize protests over there as opposed to do protests in the middle of midtown manhattan, a plus here for having the summer white house in new jersey, 45 miles west of new york city. eric: sounds like they are having fun out there while the president is nearby, so life goes on. thank you. >> eric, i was just there for the last two days, president trump's visit to get away at the trump national golf club is now in second full day, this is the first time mr. trump has returned to his golf club as commander in chief which means ramp up security and spray protection and costly endeavor in the small township which has 9,000 residents and police force of 16 and that is including the police chief. the secret service is in charge of overall operation while president trump is in town using local resources along with state police and other regional law enforcement agencies and each out of town visit for the president can really add up. i spoke to the mayor of bedminister, an average weekend will cost the township about $42,000. >> that may not sound like much in new york city or fl

podium through the streets of midtown manhattan. i can't look at her without laughing. only familiar guest last night on snl. >> so thank you for being here. >> thank you for having me here, jazz man. before we begin, i need to know that i have your undying loyalty. >> you don't, sir. now let's get started. clearly the big story is james comey. >> okay, well first, all i can just say is that i won the election fair and square, and everyone knows that. okay. >> yes, mr. president, you say that literally all the time. >> the show started with alec baldwin dressed up as president trump. michael took on the role of lester holt and put on a spin to last week's exclusive interview. funny stuff there for sure. >> and that was her fifth time -- >> melissa mccarthy. >> and steve martin there was there to honor her. >> so funny. >> any you have her characters, right? >>> and let's thankful for mom today. >> yeah. >> we are thankful for our mothers, thank to feel you, angie. to all the moms out there. >> that's right. we'd like to send out a special thank to feel steve's mom. >> a

not just the flagship that was affected by the trump barricades here in midtown manhattan. >> look, ias surprised by the stock has run a lot. so therefore, people kind of felt that something good was happening. europe minus 3, minus 4. we're hearing from a lot of companies that because of the dollar being weaker, they have gotten more tourism, gotten more dollars in. that did not affect them. so that was disappointing. lowe's, i want to point out and i just want to say something positive about lowe's first, they did reaffirm guidance but it was not what i expected. you know, missed -- miss on the bottom line, but the same-store sales, 1.9. i was looking for 2.6. this is so difficult from home depot. i think that the thesis here is going to be, home depot f you go back over the quarter and they're incredibly transparent it was the contractor. and lowe's, i think people would always say is much more the regular consumer. home depot contractor business is very, very strong. in keeping with the whole notion of remodeling which is behind a lot of the spend for homes. >> right. a contractor

. >> you know, in a place like mid-to midtown manhattan, certain places, it's an institution.ed to be. >> in the remaining second set we have here, we closed out the month, now we entered june, is there anything to suggest what we seen play out this year. >> i think the tone remains the tone, it's very calm. we have a couple things, pay rolls coming up. we will have some congressional testimony next week. i don't know if people think that will cause flutters in the market. i think it's basically stable. the s&p 500, 8% year-to-date. >> michael, thank you very much. >> that does it for "closing bell" today "fast money" begins right now. >> "fast money" starts right now! like from the nasdaq markets site overlooking new york city time's square, i'm mellissa lee. tim seymour, nathan seymour, is the bromance over? elon musk might be taking a step to distance himself from president trump. what is causing the beef and what it could mean for the stock. palo alto soaring after hours t. current shareholder cyber security fund has a bone to pick. you won't want to miss this. >>> late

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another pretty day here in midtown manhattan. you know, the prompter said thursday.ly just wednesday. >> it is. coming up, this little guy right here, our puppy with a purpose, charlie, is going to show off some of his new skills. eventually, he is going to help one of our nation's wounded warriors. we're so proud of him. he's such a great dog. >>> also, in a little bit, al roker is going to catch up with 27-time grammy winner quincy jones. and he will talk about his legendary career. >> love him. >>> and stake french fries, what's not to love? we're going to show you how to make this restaurant favorite right in your own kitchen. >>> first, look who is on our plaza? the elegant, the fabulous, jane krakowski. >> what's in the bag? >> it's the first time i've seen hoda since the baby. you might want to open it on camera. >> on camera? >> on camera for my 30 rock fans. >> tell me about season three. >> season three of "kimmy schmidt" is coming out on friday. and there's one more. >> that is adorable. >> hold on. let's see. >> i knew i loved your daughter. >> she has ve