john: rick steves, helping people travel smart.y much. >> hey, thank you, john, and happy travels. ♪ that is pbs news weekend for this sunday. on monday, a controversial new california law that allows courts to enforce care plans on people with mental illness. i'm john yang. for all of my colleagues, thanks for joining us. have a good week. ♪ >> major funding for the "pbs newshour" has been provided by -- >> how may i help you? >> this is a pocket dial. >> with consumer cellular you get nationwide coverage with no contract. that is our thing. have a nice day. ♪ >> and with the ongoing support of these individuals and institutions. ♪ this program was made possible by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. thank you. ♪ [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy.] tely, but just what is it? the word comes from the latin word for this, a fasces. the idea? well, you can break one stick easily, but

. >> steve: sound like the guy f from -- >> is that the coach rickts world has been raving about. >> brian: 26,000 people red bull arena, tickets only $46, high mark dollar 3000 after watching him sit on the bench in the first half, they will get their money's worth. ♪ >> red bull cart, i know why everyone is staring at me. only place to be, it is inter-miami against red bull and best player in the world is on miami. >> messi, messi! >> what have they told you about this guy? >> he's super good. >> greatest of all time. >> brian: it is 90 and you are watching a scarf, is that how special this guy is? >> yes. >> brian: 10 goals, 10 games. >> it is amazing. >> messi puts it in, of course he did. and messi, my word, he has done it again. the madness of messi,a arrives. >> he will change the united states forever. >> unbelievable stuff from messi, that is why we're here. >> brian: you make that because you love this game. you think he will notice you guys? >> we are at the top, i don't know. >> brian: i see him look up when he scores, i'll bet he will be

. >> let's get to steve liesman, our senior economics reporter to help us react to those mostly weaker than expected numbers that rick? >> yeah. i was kind of smiling a little bit when rick said the jolts number was a disappointment. i'm not sure nto the extent that number comes in below expectations, i think that's a positive, at least for the market in the sense that we know that fed is looking for this number to come down and to show more slack in the job market so i think maybe that's a good thing. and it wasn't really that far off, so it's kind of interesting. he's absolutely -- rick was right, it is a disappointment as in there are fier job openings, but you can bring down job openings, not necessarily jobs t ism was a disappointment, that maybe this thing would return to growth it's an it interesting story out there. we do hear about strength in the manufacturing sector, some of that propelled by some of the government spending and the programs in the inflation reduction act, but we're not seeing it in these numbers it is interesting that employment also ticked down here and worrisome that prices it ticked up.

rick is still with us. mike san tolly joins us on the new york stock exchange. steverashers just took it off. >> the november rate hike had been up 30, 35, as high as 40% it not 26% so they're still on guard for november but they're basically bringing down this probability and i think it's a combination of a little bit high are on the jobless claims, though you want to be a little careful in the summertime because there are layoffs. as rick pointed out, the continuing and then you look at some of the internals on the inflation report, you have that used car decline and actually new vehicles were down as well shelter is a little interesting here we did tick up to 0- in we know they have ticked up butover all this is in line with itsity that inflation is coming down, not as fast as it had been coming town and that the fed is sort of at least let this one at least ride as long as, as long as we're moving broadly in the right direction i think it's going to be okay. >> earlier this morning, he said if cpi rent do trend, headline inflation could be half to 1.4%. he said bi

rick perry brian. >> peter: or was it interior. >> steve: couple nights later on the long-term show he blamed el nino had a bad back. >> ainsley: ronald reagan one. that was great. that was in 1980, i remember studying him i had to give a speech at the reagan library and studied that that is so great because he personally financed that debate. >> steve: i was actually covering the caucuses in iowa. >> ainsley: the moderator was going to clip his mike and said mr. microphone guy, clip his mic. he stood up. got so mad. sat back down and said i am paying to are this mic. the crowd went crazy. >> steve: who do you think is most apt to deliver a si zinger tonight. >> pete: you look at that clip unscripted. part-time paying baying for this microphone. mccain bush exchanges. it had already been in the news it was coming. a prepared back and forth for that. that's what is so uncertain about in 13 hours a debate like tonight. it's make or break for ron desantis. so does he go on the attack? he certainly gets attacked. the criticism of him has been personality, being fluid, being natural. >> brian: likeable. >

>> i knew. >> knew exactly how steve pitt and the feldman law firm or connected. and who was behind the murders. rick years earlier, he had taken on the case of a scott still doctor named connie jones. >> yes, i had my own terrorists. my own personal terrorist. >> connie was on summer break from college in 1984 when she started dating a young soldier named dwight jones. dwight was stationed at fort bragg, north carolina. >> you are 18, he was 22? >> correct. >> young, two young. >> your first boyfriend? >> yes. >> he told me he wanted to be an attorney. so he seemed to have aspirations. >> they married in 1988 after her first year of medical school. dwight left the army after three years. and soon connie realized that while she was working hard to become a doctor, dwight was doing nothing. >> i don't recall him ever working more than two or three days. because every job that he would get there would be some issue. so we lived in medical school, on my financial aid. >> that's probably not how you grew up? >> that is not. my family has the best work ethic you can think of. >> after medical school, conn

steve sadow will lead trump's defense. his client list includes top musical artists including t.i. and rick ross.presented the rapper gunna in a racketeering case that carried the same rico violation. sadow said that trump is innocent. he said there's no place in our justice system for this case. the president's former attorney is no longer with him. trump is expected to be booked and finger printed tonight, which would make him the first president ever to be featured in a mug shot. also today, former chief of staff, mark meadows was booked and released on a $100,000 bond. trump is set to leave bedminster and expected to turn himself in at 7:30 p.m. >> martha: thanks. with that, we bring in jonathan turley, g.w. law professor. welcome. several things we want to get to her. it's stunning to see mug shots of mark meadows, the former chief of staff and also rudy guliani as we saw yesterday, which does make it seem as if we'll see one of the former president as well. do you think? >> i think so. first of all, great job last night. you have a future as a cat herder if this media thing doesn't work out

. >> rick, thank you, sir. i want to get to steve liesman who joins us now is this the last hurrah?at i can tell you. it's hard to know where to start with this number i think i may need to do some air graphs here, andrew. the way that the second quarter ended with consumer spending, it ended at a high level. and the way the gdp math works is, you only have to do zeros the rest of the -- in the next quarter in order to have a high level of consumer spending what we did better than that, we went up above the high level -- and i should also mention, they raised the june number, they revised that upward. so where are we? we did that story about no landing. we're more in the no-landing camp we're more in the acceleration camp you heard kathy talk about a 3% gdp. our cnbc rapid update is measuring two, with a punch of pessimists in there. so it looks like the economy and the consumer accelerated when i look across the board here at different aspects of it, you know, there's only a few negatives. there's furniture in home is negative electronics is negative. but then there's a whole bunch

steve kornacki, thank you for laying that out for us. much appreciated. >>> let's bring into the conversation now rick tyler and democratic strategist.ier the pence reaction saying anyone who puts himself over the constitution should never be president of the united states. now he's not the only 2024 hopeful with that message. take a listen. >> he's 78 years old and the -- if any one of those counts is found, he's found guilty, he's going to be in prison for the rest of his life. that's what he's focused on. >> donald trump, for the good of the country, should drop out of the race. now he won't. but that's what should happen. >> but here's the thing, these are the candidates who have already been critical of trump and we saw will hurd get booed recently at a republican event for similar criticism. so, rick, even with, you know, all these details, what do you think? will trump's critics get any more traction? >> no. i don't think anything is going to change. i think it's going to stay on the same trajectory, unfortunately. the indictment is very well written. people need to read the indictment. when you read it, it wouldn't pass for a

rick sont santorum. iowa keeps you alive and gets you some donors, but the second it is done and caucus come in, you think new hampshire. >> stevelicated, it is not a vote, it is a caucus vote and it is more complicated, you show up and stand there for hours. one thing about the new hampshire journal we're quoting, what they are trying to do, they did a poll and asked the voters in four categories, how do you identify as a republican? the question was what sort of republicans make up the republican base in new hampshire? four categories. 42% of them said they were traditional rayingon republicans, 42%. it is 28% say they are trump republicans, which is new. 22% said libertarian. 8% said christian or evangelical. trump won all categories, except christian, who favored nikki haley. >> ainsley: not mike pence. >> brian: interesting. seems like the check list, trump punched all of them. >> ainsley: i think the evangelicals will vote for whoever wins the primary on the republican side. brian was seaing 43% and desantis and chris christie 9 fifty-seven, nikki haley 7% and out of trump, 62% said gop primary voters would make trump the

steve liesman and stephen stanley. thank you very much. >>> well, let's get the trader's take on the fed minutes. rick santelli is standing by in chicago. we've been paying very close attention to the yield what is going on here? >> you know, it is very interesting because yields were definitely on the up side. they have been on the up side. but since the release of the minutes moments ago, as you look at two day charts, there hasn't been a lot of movement two year note yields right around where they are at now, 4.96 dollar index very firm but it was firm before the number the real issue here continues to be what steve liesman said, that there is generally an amount of con 23fusion whether they read e statement or listen to press conferences, but the number that jackson hole will clarify this, let's see what a trader thinks paul >> hey, rick >> well, we just had the minutes. before i get into the meat of what i want to ask you, what were your thoughts, what can we extrapolate? >> we didn't see much. down 0.1%. that is nothing. >> what about volatility >> vix same. you can see down here it is pretty qu

bob markwayne rick scott tim tom jim risch rick roll tim scott ♪ [ cheers and applause ♪ >> jimmy: i hope that was helpful. i hope that was helpful. >> stevelisten to this, today officials announced that ahead of king charles' coronation, the historic stone called the stone of scone has left scotland and it's on its way to london. yeah, the stone of scone that's not to be confused with the scone of stone that's in every starbucks display case [ laughter ] "how old is that sucker? what year is it? [ light laughter ] some entertainment news, there's a new "smurfs" movie in the works and -- [ cheers ] -- rihanna has signed on to do the voice of smurfette >> steve: ooh! [ cheers and applause >> jimmy: they already -- they already released an early clip and i think it's going to be big. take a look at this. >> sorry, smurfette, i don't have the gold coins to pay you back can you forgive me ♪ bitch better have my money ♪ [ cheers and applause >> jimmy: yeah, interesting, different take >> steve: wow! >> jimmy: different take on it, but looks good kids are going to love it. >> steve: kids are going to love it. >> jimmy: guys, i saw a new mermaid

steve: wow. oh, that's -- okay >> jimmy: this one here -- let's try another suggestion this one is from lisa cook "hey jimmy, remember rick. oh yeah, i remember rick rolling. i love rick astley, yeah but i don't think that's a a thing anymore. i wouldn't worry about it. let's try another suggestion [ laughter ] this is from nick bryce. "hey jimmy i've always wanted to see a video of a man - ♪ [ cheers and applause ♪ never gonna give you up never gonna let you down never gonna run around and desert you ♪ ♪ never gonna make you cr never gonna say good-bye never gonna tell a lie and hurt you ♪ [ cheers and applause >> jimmy: oh [ cheers and applause >> guess what, jim you've been rudolph rolled >> jimmy: oh [ cheers and applause that's how you do it right there. [ laughter ] moon walk. go moon walk, that a moon walk shakey robot i forgot about shakey robot. that was a good one. [ laughter ] here's another one from bob hansen it says, "hey jimmy. this is a great week to be alive. the stanley cup is happening the nba draft is tomorrow. the wwe's 'money in the bank' is streaming on peacock, july 2nd and to top it all off, today

steve, thanks very much. have a good, safe trip out there. >> thank you. >>> besides jackson hole, another place that ten-year yield is being watched in chicago, of course. rick santelli joins us now. what's the chatter, rick? >> well, you know, the chatter is is that we're not alone. now, of course you see that chart in front of you going back to 2007 for ten-year rates. i could also show two-year rates and as for one comment steve made, it really isn't about the fed, i think commercial real estate brokers and anybody who has a 2.5% mortgage and doesn't like their house may disagree with that comment. now, think uaw, think u.p.s., think supply and think wages. there's a lot of moving parts here, but the rest of the world is certainly following rates higher, a world really deep in debt. let's look at boons, shall we? they're hovering very close to yields at 2.70, four more basis points, highest yield since 2011. let's look at guilts in the uk, at 4.72, they're toying with the highest yield since 2008. if we look at jgb, steve just mentioned and nothing, maybe more important than a world with no carry trade because we've never experienced such a world in quite

rick, stay with us. you mentioned the pop in yields. we're particularly seeing the impact on the nasdaq futures, which has doubled the losses premarket. stevede services side this is a measure of margins that has generally been coming down as we have kind of exited the period of supply chain backups and those sorts of things there's a really weird line in this report that i'm hoping our panelists know what to do with this is your final demand for 40% of the july advance in the index for services can be traced to a 7.6%, i guess that's monthly, rise in prices for portfolio management >> i don't know even know what that means i'm not sure how they measure the services for portfolio management somehow the price for managing people's money went up i'm not sure why that would be the ppi has been a bit of a black box as to how it's calculated and what's in it suns t since the new methodology. i'm not going to be overly concerned about this being higher than expected if i big chunk had much of this comes from portfolio management. >> a lot of it has to do with the inherent volatility in the ppi. we should remember that unlike the -- the seasonally