being released on february 1, 1973 see him signing the book there alongside josh king of the new york stock exchanges of merit, the flying cross, two bronze stars, and two purple hearts great tradition they have here at the new york stock exchange, as you heard those clapping. any time a serviceman or woman show on the floor of the exchange, and he is going to ring the bell. he's signing the book now as you can see right there, and we certainly thank him for his service. that's, again, u.s. navy commander everett alvarez. we will move back in just a moment to our interview with stacy rasgon, who upgraded intel today. halfheartedly so i said earlier, stacy, no-heartedly so, really, because you still don't like this stock. >> so, look, from a sell-side standpoint, there's two things that are bad the worst thing that happens is when a call blows up the second worst thing that happens is when a call works like, when it works, at some point, you have to figure out what is the right time to take your foot off the gas, and i'll be honest, i actually still would love to be able to make that call. like, it's

house speaker kevin mccarthy will address the new york stock exchange this morning and we have exclusiveashley: cheryl casone is here with more. good morning. >> cheryl: we have this exclusive look at mccarthy's speech at the new york stock exchange. we expect the speaker to say, make no mistake, the longer president biden -- will bumble into the first default in our nation's history. come together, find common ground, defaulting on debt not an option. here is where the debt ceiling is 31.38 billion, and getting into the danger zone. we can pay our bill, but this summer, month of june, we need to see something happening. president biden and kevin mccarthy said publicly already on fox business, president biden doesn't want to engage on the debt ceiling. the new york stock exchange great representation of that, see if they can put pressure on the administration, one of the biggest problems with inflation, above 5%, it is stimulus spending that came out of the government. >> todd: a lot of big wall street people who make decisions are democratic donors. >> cheryl: pick up the phone. >> todd

you saw speaker mccarthy of course appear in new york at the new york stock exchange and the market didn'tove, in fact it rallied a little bit so i think people will take this seriously, they will focus on this when we get closer to the x date and as you point out we don't know exactly what that date will be when congress really needs to raise that debt limit, it could be as early as june or as late as september but i do think the markets will start focusing on it when we get closer but as of now people are just sort of shaking this off because again, they have seen this movie before and they think they know how it ends. i think they know how it ends. i want to take you to india now because the state of rajasthan and its efforts to make healthcare a rate in india highlights the difficulties in pursuing healthcare reform in the country state legislators passed a law requiring all hospitals to provide emergency treatment to everyone, but that ran into stiff opposition from private doctors, forcing the local government to backtrack halfway. this man is suffering from throat cancer. it is a cr

squawk on the street," i'm carl quintanilla with jim cramer, david faber at post nine of the new york stock exchangewatching spacex this morning, set for the maiden test launch of its new star ship, the most powerful rocket ever built >>> meantime, futures pretty steady as the earnings picture heats up 62 s&p companies this week, including some financials today. road map is going to begin with a big week for corporate results. tesla, netflix, as we said, a bunch of s&p, dow components, schwab and m&t crossing the tape this morning >>> google's ceo is saying that a.i., well, there's a warning there. society isn't ready for its rapid advancement, and that "it can cause a lot of harm. and as carl mentioned, it is spacex's most powerful rocket launch ever. we're going to bring you starship's maiden voyage that's going to be later, live this hour. >>> let's begin a new week for the markets and a busy earnings calendar, jim. we have 30 s&p'ers so far. best week one in a decade. >> look, we came in with the lowest expectations. last time i was reading back over at jpmorgan, this may have been the best jpmo

many in this room have heard me say there is a white house, the supreme court in the new york stock exchange. this is the largest exchange of the world. we are home to 2400 of the greatest companies that are worth over $40 trillion. they generate over $20 trillion in annual revenue, but most importantly they employ 43 million workers directly. and this is a unique platform where leaders from the private sector and the public sector with diverse views, can come together to share ideas, to build relationships, and to ultimately deliver results. following speaker mccarthy's remarks, we will have the opportunity have a brief conversation with him on stage. given the geopolitical and macroeconomic environment, i'm sure there will be plenty of topics to cover. with that in mind, i would ask you to join me in giving a warm welcome to the podium, the honorable kevin mccarthy, speaker of the u.s. house of representatives. [applause] speaker mccarthy: thank you. thank you. thank you, thank you. i wish i got that kind of applause in congress. good morning. as he said, this is actually my 100th day sinc

many of us heard me say there is the white house, capitol, the new york stock exchange. we are home to 2400 of the greatest companies that are generate $20 trillion in and employ 43 million workers directly. and this is the unique platform where leaders from the private and public sectors with diverse views can come together to share ideas and build relationships and to deliver results. following speaker mccarthy's remarks, we will have a brief conversation with him on stage and given the geo political and mask croix economic environment there will be plenty of topics. join me in giving a warm welcome to the podium, the honorable kevin mccarthy, speaker of the house of representatives. >> i wish i got that kind of applause in congress. well, good morning. this is actually my 100th day since being elected speaker. not the 100th day since we went to congress. i don't know if you watched that speaker's race. anybody can get elected on bun round. it is an honor to have this position. you know, i chose to be here because in so many ways, this place represents the best of the

told you about all these republicans coming to new york to state their case, whether it is kevin mccarthy at the new york stock exchange more interesting is the entire house judiciary committee coming to new york to rage about crime with not so subtle dig at the prosecutor alvin bragg of course who was just indicted for the first time in american history, the former president of the united states. madison alworth following the judiciary committee and the significance of what it is doing with the backdrop of the crime it is stocking about, madison? >> reporter: neil, so the committee is still in session why we stepped outside. there has been a lot of passion inside of this hearing today. this is a hearing for the victims of violent crime in manhattan. the judiciary committee saying this is just the first of many meetings that will be held across the u.s. to investigate how soft-on-crime policies and soft on crime d.a.s have led to increases in crime. at this hearing here they have called eight witnesses that have all testified, all having some connection to crime in new york city. one witness, robert holden, democrat ci

first republic shares are down bob pisani has more details at the new york stock exchange. bob?t was a weak day, but got weaker around 1:00 when there were reports out that the first republic was weighing an asset sale of up to $100 billion now remember, they were already down noticeably on yesterday's earnings reports that was a 40% drop in deposits. that was a lot steeper drop in deposits than anybody had anticipated. but we dropped even more on that this actually moved the overall market it moved bond yields lower which was a surprise to a lot of people and moved the regional banks. they're all moving lower today notably and remember what happened when the earnings came out for the regional banks they were generally okay, not worse than anticipated, and the stocks a couple weeks ago rose briefly on this as a result of what's been happening the last day or so, particularly today. these are all now trading towards the lower end of their recent trading ranges from a month ago going back to the banking crisis towards the lower end and that's an issue for the markets. take a look

we are now going to go live to the new york stock exchange warehouse speaker kevin mccarthy is going to be delivering a speech on his economic agenda and his path forward for the u.s. house. we are going to new york, thank you for joining us for washington journal this morning. [video clip] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] [speaking foreign language] >> i think there is no better location for him to deliver remarks today. he will lay out his economic agenda for the 118th congress and what better place in one of four buildings that defines america. many in this room say there is the white house, the capital, the supreme court and the new york stock exchange. this is the largest exchange in the world for up to 2400 of the greatest companies that are worth over $40 trillion, they generate over $20 trillion in annual revenue but most importantly, they employ 43 million workers directly. this is a unique platform were leaders from the private sector and the public sector with diverse vie

. >> now from the new york stock exchange >> lam research is one of the best performers on the s&p as well as the nasdaq interestingly though lam did lower its forecast u.s. export restrictions on the sale of certain technology to china. and the overall weakness in the chip segment earlier this morning, in their earnings report, tmc is calling for a bottom in the second quarter of this year with a gradually recovery in the second half that's helped by apple's new iphone 15. lam is helping kla up almost 5%. applied materials also up by 5%. tesla, at least 9.5 lower on a more than 20% year over year drop in both earnings and net income >> thank you very much >>> we are a week into earnings and our next guest points out an unnoticed but critical warning from a major company that we don't often talk about could have big implications for jobs jim, you're focused on a preannouncement, a warning let's call it from the tech reseller cdw, what did they say and why do you see it as so important? >> so, cdw's a great company, they beat expectations for years and years, when they say something li

he's gonna be delivering a pretty big speech at the new york stock exchange is expected to essentially laid down his marker as the high stakes battle over raising the nation's debt ceiling kicks into high gear. sources tell cnn house republican leaders are moving behind the scenes now to get their caucus to rally behind a plan. that would raise the debt ceiling for one year and also come with a bunch of strings attached. also the high stakes and wildly expensive trial between dominion voting systems and fox news is being delayed the trial, which was supposed to start this morning has been pushed off until tomorrow. the reason why still officially unclear. the wall street journal, though, which is owned by fox news parent, the fox news parent company. is reporting that fox has made a last minute push to settle the defamation case out of court, sarah burning buildings and gunfire echo through the capital of sudan this morning. there is worry the country may dissolve into civil war as two rival military generals fight for control of that country. take a look at the video here. it appears

i'm carl quintanilla with sara eisen here on the floor of the new york stock exchange. bill nygren, why he is trimming netflix and using the cash to buy some banks >> speaking of banks, an exclusive interview with the ceo of pnc, deposits actually rising there since last quarter he joins us live right here at the new york stock exchange. >> and finally, tesla cutting prices in the united states for the sixth time this year, ahead of earnings after the markets close. morgan stanley's adam jonah says that deflationary trend will continue we'll talk about it. >> 90 minutes into the trading day, and stocks are in the red but they're off their lows we have seen a little bit of recovery in the last few moments. earnings from morgan stanley and netflix weighing on investor sentiment, although morgan stanley did turn around and is now positive that's where we'll begin today the company's ceo, james korman, saying on his conference call that the federal reserve is not done with rate hikes and we could see one or even two more he certainly doesn't expect rate cuts this year treas

the company rolling out a reorganization plan right here at the new york stock exchange the trade and frank holland joins us next. >> announcer: grade my trade, send us your latest stock move and the investment committee will debate it and grade it. email us at askha askhalftime @cnbc.com. we planned well for retirement, but i wish we had more cash. you think those two have any idea? that they can sell their life insurance policy for cash? so they're basically sitting on a goldmine? i don't think they have a clue. that's crazy! well, not everyone knows coventry's helped thousands of people sell their policies for cash. even term policies. i can't believe they're just sitting up there! sitting on all this cash. if you own a life insurance policy of $100,000 or more, you can sell all or part of it to coventry. even a term policy. for cash, or a combination of cash and coverage, with no future premiums. someone needs to tell them, that they're sitting on a goldmine, and you have no idea! hey, guys! you're sitting on a goldmine! come on, guys! do you hear that? i don't hear anything anymo

to connell mcshane live from the floor of the new york stock exchange.sly, mccarthy wants and, quite frankly, needs some give from the 'em do accurates. what is his ask here? >> reporter: well, it's pretty big when you think about it because right now there are no negotiations happening, liz, between either side. and, you know, mccarthy, to your point, says he's not going to support raising the debt ceiling unless he does get something in return. it was an interesting speech here in new york today bringing his argument to wall street saying that republicans will pass this bill in the next few weeks. it'll raise the debt ceiling but only for one year, pretty much right in the middle of the election cycle. the commands many in return want federal spending going back to 2022 levels, only 1% increases after that that for a decade. he wants all the unused covid money to be clawed back. he wants americans to work in order to receive federal benefits. and while mccarthy said defaulting on our debt is not an option, he also said president could bumble into if a

i'm carl quintanilla with sara eisen on the new york stock exchange jpmorgan's chief economist, we'llion to the fed's move, echoing atlanta fed saying one more and done. >>> the cf

look, one thing is clear from this morning's theater at the new york stock exchange.emocrats want to avoid defaulting on our country's debts. meanwhile speaker mccarthy continues to bubble our country towards a catastrophic default which would cause the economy to crash, because a monumental job loss and drastically raise costs for the american people. he went all the way to wall street and gave us no more details, no more facts, no new information at all. i will be blunt, if speaker mccarthy continues in this direction we are headed to default. the main way we have avoided default in the past is to avoid and reject brinksmanship and hostagetaking. and instead work together in a bipartisan way. speaker mccarthy in his speech invoked president reagan, ronald reagan was never as reckless as speaker mccarthy's being. ronald reagan said debt ceiling brinksmanship threatens the holders of government bonds and those who rely on social security and veterans benefits. the united states has a special responsibility to itself and the world to meet its obligation. speaker mccart

he's coming to new york just as ronald reagan did many years ago, he'll be speaking to the new york snew york stock exchangions coming forward. the president needs toen in the process. the economy will take a hit if he refuses to engage in the debt ceiling increase. maria: i think the markets have not focused on it. what are you willing to give on? if you're talking about raising the debt ceiling only with promises of spending cuts, how big of a cost will that be? what kind of spending cuts are you looking for? >> well, there are cuts that are responsible, raking back in unspent covid funds, a lot of this green new deal spending that's been approved over the last couple of years. we've got many areas where there is waste in government that we could put in place reforms and needed policies on energy independence, on education reform, that will save taxpayer dollars and help grow our economy. maria: let me get your take on where this leads. do you think that today's speech is going to move the needle? >> well, the speaker is doing his best to bring the president to the table. the president feels like he's go

really challenging those levels we saw in march the fact that you have better breadth on the new york stock exchange, that can answer some of those questions. when it comes to amazon, that stock has badly underperformed since the pandemic it's trailed the s&p 500 by a noticeable amount. investors do view the e-commerce business as a source of friction in costs and complexity on the story. we want to hear about a little more margin discipline on the consumer side. >> what do you make of denny versus page, bull versus bear, telling understandable stories about why they held the positions they do? >> it's in a period where if you have high conviction, you have to be ignoring something it's an ambiguous set of circumstances. 4,600, where ed is projecting -- here's the thing, it sounds aggressive, but we traded at 4,800 15 months ago. i feel like the market is acting as if it's in a neutral state. i don't think valuation is the problem for the average stock. for the mega caps it's a headwind i'm going to say the low is in i'm not sure about the upside. >> we'll find out with the final report of the week

their fight against crime to new york city today, and house speaker kevin mccarthy was also in manhattan on a separate cause. how his speech today at the new york stock exchange sets up his own fight with president biden. stay with us. hey, man. could savee hundreds for safe driving with liberty mutual bececause demise your car i insurance, so you ony pay for what you need. who we gotta go again for what you need . liberty. liber libty next behind the series. let tell you about the greatest roster ever assbled monster the outlaw and you can't forget about the boss sometimes. i just want to eat your heroes subway series of all time. meat noodles, part short hair. and part ninja. meet the new bissell . cross wave hydro steam. it's part vacuum model steamer and ninja nemesis. this is a new breed of clean. somebody lost the list. the angie's list. look so what happens to all the people that needed the list? wait, please. oh yeah, everything's still works. we just made it better. so you knew about this. plumbers contractors , cleaners. they're all still here. we even let you book services instantly now, angie. i like it your home project today angie .com. we need

he's going to deliver a speech at the new york stock exchange as he tries to break an impasse with theof the new york stock exchange 9:53 in the morning 1985 about the debt ceiling. >> some interesting things >> we're going to talk about what's at stake. daniel clifton head of police research at strategas, a baird company. good morning to you, sir what are you expecting mr. mccarthy to say? >> well, i think it goes back to your introduction. in 1985 government spending was elevated above its historical average, and president reagan was like we need budget reforms that are going to be attached to the debt ceiling 2011, very similar to today, spe speaker boehner said we're going to need spending reforms government spending is about 24% of gdp, 4% higher than its normal average and kevin mccarthy is going to say we need budget reforms that are going to accompany the debt ceiling increase it's one thing to talk about this, andrew it's another to be able to act on it. why would the president have any incentive to negotiate with the republicans if they can't pass a bill out of the house of r

check on the regional banks we'll talk about the banks making big moves we're live from the new york stock exchange you're watching "closing bell" on cnbc. ♪ what will you do? will you make something better? create something new? our dell technologies advisors can provide you with the tools and expertise you need to bring out the innovator in you. you can't buy great conversations, or excuses to unplug. you can't buy possibilities, and you can't buy moments that matter. but you can invest in them. at t. rowe price we believe your investments should work harder for the future you imagine. and that's where our strategic investing approach can help. t. rowe price, invest with confidence. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. when i was his age, whwe had to be insideed mto watch live sports.a. but with xfinity, we get the fastest mobile service and can stream down the street or a

mccarthy criticising president biden for what he called reckless spending in a speech at the new york stock exchange $31 trillion was reached earlier this year, prompting the introduction of special temporary measures to allow it to continue borrowing but these are due to expire injune. i spoke to libby cantrell, the head of public policy at pimco, and she explained the implications in the immediate term. the implications of a debt ceiling breach would be catastrophic. we have never seen that though, before, so it is a bit anyone's guess. the federal reserve and some other macro policy folks have sort of estimated what the impact would be including potential large drawdown of the s&p 500, a 30% drawdown according to the federal reserve in a study that they did in 2013 and of course an increase in interest rates but this is all hypothetical. we have not actually seen a breach of the debt ceiling. i think really importantly, we don't think we will see a breach of the debt ceiling. there is no political incentive to actually take the debt ceiling over the deadline and we think that there will be a reso

thank you, sir quick break new york stock exchange honest our veterans one of the longest held prisonersus about it you are watching "mornings with maria" live on fox business. ♪ ♪ no matter where you are... when it crosses your path... you'll feel compelled to take to the road and see where it leads. ♪ the first step begins at the lincoln spring sales event. going on now, for a limited time. i screwed up. mhm. i got us t-mobile home internet. now cell phone users have priority over us. and your marriage survived that? you can almost feel the drag when people walk by with their phones. oh i can't hear you... you're froze-- ladies, please! you put it on airplane mode when you pass our house. i was trying to work. we're workin' it too. yeah! work it girl! woo! i want to hear you say it out loud. well, i could switch us to xfinity. those smiles. that's why i do what i do. that and the paycheck. . maria: welcome back, are new york stocks exchange will honor vietnam war veterans 50 years since vietnam war one hero held captive over 8 years after his plane was shot down back in 1964. joining m

speaker mccarthy, he's at new york stock exchange and pitching plan to tackle the national debt.csheany is there and caught up with the speaker. connell, what did the speaker tell you? reporter: well, he said there's at least a possibility that the debt vealing would not be rised and u.s. defaults on debt for the first time in history and he certainly wants to see the debt ceiling raised and a bit of context for the comment and speech at new york stock exchange and the house will vote in the coming weeks in that bill that raises the debt vealing for one year and essentially taking this argument and having it set up again right smack in the middle of 2024 and returning place by federal spending and levels and what they have been the part of the speech and if president biden doesn't come to the table and the speaker to bumble in to the first default on u.s. history and it's possible we could default at the very end of the interview and here he .s >> not raising the debt ceiling and we told the financial experts it would be catastrophic to not raise it on or off the table from where

let's see how the new york stock exchange is reacting to the news. >> a 10-year-old pearl is the world's shortest dog. she weighs just over one pound. ok, pearl. my goodness. and is only 3.7 inches in height, which is shorter than a popsicle stick and around the same size as we saw there of a dollar bill. look at pearl. >> we will take all household items and compare it to pearl. >> works for me. >> pearl is a relative of the previous record holder, miracle millie, who died in 2020. guinness certified pearl as the recordholder earlier this week. >> i would be afraid of stepping on pearl. >> you probably would step on pearl. how does pearl function in the house? >> lots of bells. >> that's a good idea. why does pearl not have on pearls? >> they don't make a noise. >> they think it is too on the nose? too heavy? i would be afraid of, course unintentionally hurting this dog. yesterday, i felt bad because, you know how you sometimes hate your own face with your phone -- sometimes hit you are in phase with your phone? i hit rooster in the face and i felt

live for you at post nine of the new york stock exchange.w down 120 points what's weighing down most on the market communication services, energy and information technology nasdaq is pulling back about .7%, we've gone negative for the week on the s&p just barely. 30 minutes into the trading session. the movers we're watching, tesla under pressure after yet another round of price cuts here in the u.s. this is the sixth time this year coming ahead of earning results this afternoon netflix is still in the red. that's taking down communication services earnings beating expectations, revenue falling short despite better than expected subscriber growth down almost 4% we're going to talk about that, down as much as 12% after hours yesterday. and morgan stanley lagging this morning despite results that beat on the top and bottom lines. you've been digging into the morgan stanley results david what did we learn? >> not a great quarter but not a bad quarter. you can see the market reacting the way it is. capital markets in if particular was kind of a

. >> not quite yet, but soon they have to go to work. >> we bring our kids to work at the new york stock exchangeou have to make sure to make time for us new hamxt year. >> hasbro on the heels of the revenue beat and guidance. the stock up 10% joining us in the next hour. what do you see on the horizon? uncertainty? or opportunity. whatever you see, at pgim we can help you rise to the challenges of today, when active investing and disciplined risk management are needed most. drawing on deep expertise across the world's public and private markets in pursuit of long-term returns... pgim. our investments shape tomorrow today. understood sayers of siriusxm had been under pressure. the stock has come back. the company did miss on earnings and revenue. it did boost guidance for the full year. joining me in a cnbc exclusive, jennifer whit, ceo of siriusxm nice to have you down here what can you tell investors in terms of whether there is growth in the future of siriusxm? >> first of all, the quarter itself was expected, largely came in line with what we thought. over the rest of the year we expect to ma

neil: we talk about downtown new york, not too far from there is the new york stock exchange. have a selloff going on. peter tuchman where you will find him at that new york stock exchange, what he makes of all the big fuss, not too far from where he stands right now. peter, the whole trump stuff i understand is just noise to the markets. i know they sometimes get fixated on it, pops up on a screen here or there but by and large it is really about the economy right now. it is about some of these latest data out that point to fears of a recession i guess but how do you define what is happening? >> to be perfectly honest i'm looking around it on the tv they're not following that story. it's big story. part of the news cycle as i heard geraldo was ranting, raving about it, at the end of the day doesn't put money in my pocket. whatever goes on with the motorcade a very oj experience in my view. we have a lot going on here. i'm a bit surprised we're not focused what is going on. the fact we were not invited to this party going on with the saudis, iran, iraq, russia and china, i thi

kevin mccarthy speaking today — that will be watched very closely on the new york stock exchange.'s the warmest day of the year so far. and we could see the high teens again during the day on monday, the start of the week, certainly a little warmer with some sunshine. and on the whole, it's a drier week ahead, but there will be some showers around. and as this high pressurejust drifts a little bit further northwards, we introduce more isobars, tightly packed lines here, stronger winds and one or two showers as well. and that keen easterly wind coming off the chilly north sea will be noticeable, particularly across the eastern half of the country. but as we go through the remainder of the night, it's low cloud, mist and fog with generally light winds and a few showers here and there. so largely frost free, just a little bit chilly where we keep the clear skies and they could, as i say, could well be some fog around first thing on monday morning with some fog over the hills as well as that. so generally quite leaden skies, but brightening — the april sunshine strong now, pushing the

they have both addressed and spoken at the new york stock exchange, a very different environment for one versus the other. we'll tell you about it. welcome. i'm neil cavuto. think about this. when ronald reagan went before the big folks, our debt was 1.8 trillion. right now 31 trillion on the very day that speaker kevin mccarthy spoke. in front of the same individuals about where the debt talks are going. let's just say nowhere. connell mcshane has more. >> the speaker made reference from that appearance from ronald reagan. he said we have an unsustainable level of debt in this country and he will not support raising the debt ceiling unless something is done about it. spoker mccarthy made a speech to a number of professional financialists in new york. he said there will be a bill that will raise the debt for one year. in exchange for raising it, the speaker has demands. he said federal spending will be rolled back to 22 levels. unused covid money clawed back and he wants americans to work in order to receive federal benefits. mccarthy in his speech going after president biden for ref

board following the fed minutes we reported at the top of the hour for reaction from the new york stock exchange let's go to bob hey, bob >> 3 to 2 advancing to declining stocks the fed minutes did not change the stock market direction in the middle of the day. but a lot of discussion around banking turmoil likely leading to a recession later this year they're not acting like that in the stock market because they're trading cyclical stocks higher that would go against any recession this year. so stocks like eaton cummins dow inc. some of the material names are trail trading to the upside as well travel names are trading to the down side. american airlines are expecting earnings 1 to 5 cents. the street has 5 cents so that's pressuring all the airlines. they're going to report, april 20th i believe and delta will be reporting this thursday so might get earlier comments from them about the airlines you see the cruise lines also weaker also helping the overall markets, not just cyclical names but also consumer stocks pharmaceuticals like merck have been doing well. and broader names like nike, proc

the new york stock exchange down by a route -- by about 150 points. stay with us on the abc 7 streaming out at 7:00 a.m.. we are live every morning from seven to 8:00 and you can download the app wherever use green. drew: the exploratorium camera this morning. we are in store for a lovely day today. the trend over the next couple days into the weekend is sunshine in the forecast and some of the warmest air so far this season is going to move in. live doppler 7 along with satellite. we have a rage, an area of high pressure building off our coastline. as it does, and he bring sunshine but actually a heat pump that will warm us up. by 10 at 5 a.m. this morning, mid and upper 50's under -- under sunny skies. by 1:00 p.m., very comfortable in mid and upper 60's. later today, we expect low spots to get into the warmer 70's. this is where we should be this time of the year. the weather is gorgeous. warm in the park. tons of sunshine. and bit of a breeze. it is not too strong. maybe 10-15 miles per hour by 4:00 p.m. at very accountable temperature of 74 degre

a quarter of one percent the s&p up /4 last week house speaker kevin mccarthy headed to new york stocks exchange 10 a.m. eastern a speech about economy raising debt ceiling says there is a debt crisis and he wants spending cuts on the table from the administration. oil prices meanwhile pulling back international energy agency is warning, that prices will go higher again later on this year, and we are at elevated levels brent at 85.18 down a fraction this morning crude oil under 28 dollars a barrel, down two-thirds of one percent, european markets meanwhile, mixed take a look atteeseds, ft 100 in london higher by 18 cac quarante down 5, dax lower by 14. in asia overnight, green across the board, hong kong best performer, as you see hang seng was up 1 2/3% over the fractionally shanghai composite up 1 1/2% house jae economy a field hearing in manhattan today, d.a. alvin bragg soft on crime is subject, details coming up "mornings with maria" is live right now. . >> house a special kevin mccarthy spoking at new york stock exchange at 10:00 a.m. eastern posted a video message over the weekend declari

taking a live look at the new york stock exchange, we are still down about 67 points.onald's is digging into the vault to promote its workers. the hamburger is back. mcdonald's is upgrading its mid double and classic cheeseburger and the hamburger to include softer bonds and goo your cheese. is that a thing? reggie: people love a good cheese pull. drew: the goo tastic level. reggie: goop. drew: they will be gagged. reggie: for the children. kumasi: the big macs will have more sauce and the burgers will be available in several cities including san francisco and they will go nationwide next year. we need to test that out. reggie: be careful. every time they mess with these formulas the people react and not well. even if you make a better product. it is not what they like. drew: did they just trick last year we changed it up. reggie: the member when burger king redid the fries and they put that crunchy exterior on? kumasi: i think i remember that era. reggie: i like that era. drew: we will try it out. a little bit of fog. we had overnight showers. those have ended. it is

with charles beard, the famous historian, and then he was asked to start a school by, the new york stock exchange, to train people in the ways of the stock exchange and started that school called the new york stock exchange institute and developed it into quite a fine institution. and he'd take me in those days people worked on saturday mornings. now nobody works on saturdays anymore. but he'd take me into new york with him when was a kid, and after wards we'd go to. i know. there was a place called the big sandwich shop can taste them today they're the best sandwiches. then we go up to a football at columbia. or if there was an interesting lecture or something, go to it. and. and he'd take me to all these things. and he played catch with me endlessly with a baseball or football. it was wonderful father and my mother was just a wonderful person. she set very standards. she wanted things be just so. she had great and so i was very fortunate to have a loving, talented, wonderful parents and i've got pictures of them all around, everywhere and here at the hoover institution at stanford university, a

we now take a live look at the new york stock exchange. we are up about 90 points today.umasi: america's premier soccer tournament is coming back to the bay area. levi's stadium is one of the hosts for the contra cast world cup. it depends teams from north america against those in central america and the caribbean. we still do not know which teams are going to play in santa clara. there is a lot of excitement in berkeley over the hatching of peregrine falcon's. reggie: the first of what is expected to be four falcon chicks was born yesterday. here is a live look this morning. we think that is any -- we can't see the baby bird. three other birds are expected to hatch today. the berkeley art museum and archive will be live-streaming it in downtown berkeley. a video camera captured yesterday's birth. you can see the chick underneath annie's wing. the celebration will be happening tomorrow and you can watch the big moment on youtube by searching cal falcons. kumasi: you know i love this falcons. reggie: if you don't know about the journey, it is too long to explain but there

maria: well, we have been talking about house speaker kevin mccarthy at the new york stock exchange anden and he's handling of the debt and debt ceiling negotiations. yesterday he was at the new york stock exchange. watch this. >> rather than working with republicans to find a reasonable agreement to tame inflation, president biden is demanding that congress make room for new debt without a single sensible change. my question to you today, does that sound responsible? unfortunately i have not heard from the white house since our very first meeting. president biden has been missing in action and misleading the public. maria: mccarthy says that the republican bill to raise the debt ceiling cleanly and the bill will roll federal spending back to fiscal '22 levels. his bill will recover unspent covid funds and limit covid spending, future spending increases. joining me right now committee for responsible federal budget macguineas, let me get your take on what kevin mccarthy said that a clean budget and a clean debt ceiling increase will not pass. do you believe that a clean debt ceiling bil

kumasi: looking live right now at the new york stock exchange. we are up by about 10 points.y area streaming app. we are live every weekday from 7:00 to 8:00. download the app now. drew: what a beautiful start to the day. a live look, showing sunny skies out there. reure in control supplying us with sunshine. this ridge will keep us on the warm side in temperatures today and tomorrow, 70's and 80's in the warmest spots. 10:00, already into the 60's in most spots. if we stopped at 1: would be at average or above average. a look at those 80's, 70's around the bay shoreline. a lot of sunshine in oakland. 81 in santa rosa. 68 in the city with sunny skies. palo alto looking lovely at 76 degrees. the mets are still in town. first pitch temperature, a nice night for a ballgame. we will cool off into the mid-50's. we will have a little bit of morning fog saturday and sunday, but those temperatures in the afternoon, saturday it is warm. a slight cool down on sunday but most of us going back into the 70's. get a check of the traffic. jobina: good morning. we are going to start in cuper

more stocks up and down on the new york stock exchange.sdaq down about a quarter of a percent that's going to do it for "closing bell. let's move into "overtime" with morgan brennan and jon fortt >> see you in a bit. >>> the score card on wall street, welcome to "closing bell: overtime," i'm jon fortt with morgan brennan. >>> coming up, the earnings report wall street has been waiting for. first republic numbers are due at any moment. we'll bring you those results, instant analysis as soon as they cross. >>> while we wait for those earnings to come through, let's get to today's action. joining us are warren from 314 research and emily hill from

and so she persevered and ultimately she does become the first woman on the new york stock exchange. for 10 years, she is the only woman on the new york stock exchange. she is kinda of funny, she thought, now that i am here. you know, she always did everything very tastefully, she thought i won't do what women in politics do at that time, which is to dress conservatively, and don't mind me, don't mind me. she's like, i'm going to wear purple pants. and high heels. i want them to know i'm a woman and i'm here, and there will eventually people behind even if they are walking slowly. >> she created a foundation, did each young women about economics and finance. is that still in existence today? >> it is, and it's to teach all young people about finance. and i said earlier that women have been part of the economic development of america, and that is very, very true for reasons that i don't want to go into deeply. one of them, an example is muriel. she felt that wall street was too elitist, and did not understand why anybody could not buy stocks. and that's the way supposedly in democratic

about process of closing in order to look at the new york stock exchange as trading gets underway. now. kumasi: the stadium is transforming into a golfer's paradise. fans will have a chance to play a nine hole round of golf from the upper deck and on custom greens on the field. it is from 7:00 a.m. to 9:00 p.m., the experiences open through saturday. julian: josÉ andres is bringing his food to the bay area. according to the san francisco business times, he is opening a new restaurant. not much is known about it yet. the new eatery will be located in palo alto. he is familiar to the bay area. back in january, he donated 500 meals to flood victims in half moon bay. they were from his nonprofit he founded back in 2010. that program provides meals to people affected in natural disasters. he does such great work. a french fashion houses going viral for a stunt that is surprising a lot of people. kumasi: video of giant versions of its purses on wheels rolling through the streets of paris. julian: roman-- rol kumasi: it turns out, this is 3d rendering. the video is not real. julian: what?

kevin mccarthy will be in new york today, he's going to address traders on the new york stock exchange, talking about the debt ceiling. he'll ring the opening bell at 6:30. ronald reagan rang the opening bell 37 years ago, back in 1985. joe biden and george w. bush have done it as well. we don't know what mccarthy is going to say, but we can reason that many experts at the stock exchange will warn mccarthy not raising the debt ceiling would be disastrous. as you know, american government spends more money than it has all the time, democratic congresses, republican congresses. the government has got to pay its bills for stuff it's already bought, just like we have to pay our credit card bills. raising the debt ceiling allows the government to keep making payments. >> one of the documents leaked online says american companies and the government catch only 1% of fake social media accounts posted by russian hackers and propagandists. it's estimated there are hundreds of thousands of fake social media accounts controlled by russians. we've reached out to the fbi and dod to confirm the repor

speaking at the new york stock exchange today, he said the house will vote on a plan to lift the nation's borrowing limit not without new curbs on spending. a california republican accused president biden of ignoring the problem. >> we will grow the economy until we stop being dependent on china. i do not want to see this president bumble into default. i want to sit down and solve the problem together. simo the u.s. is approachingne: it's 31 .4 trillion dollar debt limit which must be raised by sometime this summer to avoid default. a warning from china, the country says it plans to conduct what it calls major military activities in the yellow sea. the chinese maritime agency did not elaborate on the nation -- on the nature of the plans that exercise will take place tuesday morning. china has ramped up military and aerospace activity off the coast in recent days with simmering tensions with taiwan and the united states. spacex postponed the launch of its massive starship rocket that was said to lift off earlier today. the company and elon musk confirmed there was a pressurization issue mi

representatives criticising president biden a0 because reckless spending in a speech at the new york stock exchangeier this year and prompting the introduction of special temporary measures to allow her to continue borrowing but this is due to expire injune and i spoke to the head of publics policy and the implications in the immediate terms stability implications would be catastrophic and we have never seen that before. find catastrophic and we have never seen that before.— seen that before. and it will be anyone's _ seen that before. and it will be anyone's guess - seen that before. and it will be anyone's guess in - seen that before. and it will be anyone's guess in terms| seen that before. and it will. be anyone's guess in terms of the policy and folks estimated what the impact would be including potential large drawdown in 30% drawdown according to the federal reserve and the study they did an increase in interest rates and this is all hypothetical we have not seen a breach of the debt ceiling and more importantly, i don't think we will see one, there is no political incentive to actually take