sara: you have all been saying that. chair powell, you said it many times, and yet you paused, but you are not calling it a pause and you are not calling it a skip. [laughter] so what are we calling it? chair powell: first of all, sara, thank you, and, christine, thanks for hosting us here in sintra. we are calling it maintaining the level of the federal funds rate at its current level. [laughter] for this meeting. thank you, thank you. if you think about it, we have raised the federal funds rate by 500 basis points since a little more than a year ago, so we have come a long way. we also think there's more tightening power coming through. really, policy has not been restrictive for very long. we started at negative real interest rates and have moved up to where we are now in restrictive territory, but we have not been there long, so we believe there's more restriction coming. what's really driving it, to andrew's point in christine's as well, is we have a strong labor market. jobs are being created, there's strong wage g

squawk on the street," live on the floor of the new york stock exchange, i'm carl quintanilla with sara eisen, setting the agenda, famed economist, david rosenberg, why he says investors are coming around to the bubble that's been created and the one investment he says will give you returns and let you sleep at night. >> plus, new brand ceo, chris peterson, first interview since taking the reins, the stock is down 40% can he turn it around and. >>> norfolk southern's ceo, the company continues to recover four months after the east palestine train derailment and costs rise and volumes drop. >>> but first, taking a look at the markets right now, we are under a little pressure, down more than .5%, nasdaq double that, about 1% right now the take for the nasdaq, it is set to break its eight-week win streak and seeing its worst week since april. we're starting to see maybe some giveback on the a.i. trade, big cap tech, although that has been the center of the universe so far and it still remains for the month, month to date gains hold, and year to date gains hold as well. >> macro data has be

good morning, sara. that's right.vate fund-raiser and i do want to

like you said, sara. there is a new ceo.great plan, it will just take some time here. arguably, under armour is probably donated a share right now, probably to lulu lemon. >> brian, thank you. good to talk to you. we will have those nike results next thursday. and as we head into the close, mike, we will give you the final word. now, that could have been higher this week, considering all of the hawkish talk from powell, kind of hawkish. but everybody else still raising rates. >> it threatened to go higher, actually, for a little while. there has been this undertow of weaker global macro numbers, and that has dragged down globally. i don't think you can necessarily dismiss any of that. i know the economic surprises are running well in the u.s., so it seems like we immediately sidestepped that recession risk. markets have flattened out and are tilted higher over the next 12 months. all that said, it is where it is, leading indicators are where they are, and you haven't repealed their power, necessarily, to say that there could

sara?> with me now is former abc news science editor michael guillen, he is a scientist, journalist and author, but for this story most importantly he was the first television correspondent to report from the titanic, which means he had to get into a submersible to get there and it didn't go well. good morning to you. can you tell me what happened when you visited the titanic for the first time? >> yes, good morning, sara. in september of 2000 we left nova scotia, halifax, went out to the point in the north atlantic where the titanic went down and then we dove. the dive went very smoothly, took us about two and a half hours to get down there, corkscrew down. we got to the bow first and we had a silent prayer for the people who had lost their lives down there and i think, sara, that's really what hit me the most. there is a profound experience i will never forget. the trouble started when we went from the bow to the stern. we got caught in an underwater current. they do exist down there, bel

sara?ngth of this case, and what is happening in the case, and as you mentioned, this is as people believe that the justice department is wrapping up their case investigating donald trump in this classified documents case. jessica schneider meet with us, and we will have much more on this after a very quick break. it's neutrogena® rapid wrinkle repair® smooths the look of fine lines in 1-weweek, deep wrinkles in 4 4. so youou can kiss wrinkles goodbye! neutrogena® i realized that jade wawas overweight. i wish i would have inintroducd the fresh food a lot sooner. after farmer's dog, she's a much healthier weight. she's a lot more active. and she's able to join us on our adventure get started at bettem we're talking about practicing-- practicing good financial strategy. ...by cashbackin. what'd you think i was talking about? -not a game. -not a game. -talking about cashbackin. -cashbackin. cashback like a pro with chase freedom unlimited. how do you cash back? ugh-stipated... feeling weighed

sara? >> wow.hildren responded to that when they were in trouble. what now happens to the children? is there any idea of when they might get out of the hospital now? >> reporter: yes, we know that the children will stay here in this hospital for the next two to three weeks. they are receiving of course federal treatment but also some psychological support. you can only imagine, share ration how affected they are after surviving this experience and just a reminder that the mother of the four children died in that plane crash. then the father said that he wants to stay here in bogota after he takes his kids out, but made an urge to the colombian president when he spoke with us, saying that the president should invest more for transportation in the amazon because tragedies like this should not occur. again, this is a good story and we are happy to be here. >> stefano pozzebon, thank you so much for that. that little baby turned one, had a birthday in the jungle, surviving there. amazing. john? >>> sar

sara: hopefully.s going to happen to countries like australia that are still making money out of coal? are they gonna pay a penalty if they-- josé: well, this is a global trend. so this trend will come to australia some way, because otherwise you won't be able to compete against the countries that are already implementing these measures, because the people and the politicians will be demanding this from us. so it's a trend that is not going back. eric: so australia will be paying a price in carbon tariffs? josé: yeah, i think that every single part of the world will be copying what we are doing in europe right now. ♪♪♪ eric: one thing that can never be replaced is the way of life that defined coal communities. we joined the men's choir on an emotional journey: their last ever trip down a mine. ♪♪♪ ♪♪♪ eric: pozo sotón is kept open as a memorial so future generations will understand what the industry meant. male: [speaking spanish] [bell ringing] ♪♪♪ ♪♪♪ eric: for two hours we explored this dark and cl

sara?the significance of the dam in southern ukraine cannot be overstated. it bridges the dnipro river holding back a huge reservoir of water, the volume nearly equal to the great salt lake. the dam stands nearly 100 feet tall and is about two miles long. there are multiple towns and cities, as you just heard, downstream, including kherson. water from the reservoir supplies the crimean peninsula to the south which was annexed by russia in 2014, as well as the zaporizhzhia nuclear plant, europe's largest. the dam is also part of a nearby hydro electric power plant. ukraine's energy operator says it, too, has been totally destroyed. this could make ukraine's energy problems even worse than they already are. russian forces have consistently targeted ukraine's electrical grid since the start of their unprovoked invasion. >>> let's talk about the military significance of this region. people know the area we're talking about here, we're talking about southern ukraine, i can push in now specifical

sara? >> with multiple agencies involved, the u.s. military is you hav moving its assets to search for the vessel. cnn's natasha bertrand is joining us now. what can you tell us about what these vessels can do? >> yes, sara. three new vessels have arrived on the scene including one that has side-scanning sonar capabilities and according to the national oceanic and atmospheric association that allows the vessels to map the sea floor and try to basically send and receive acoustic pulses that can help map the sea floor or detect objects really, really far, deep down in the ocean, and so what we're seeing right now is obviously an effort to figure out where this vessel might be and it is an all hands on deck effort and a number of agencies and multiple different entities with the department of defense are helping out with this effort including the navy, the air national guard and transportation command and canadian and u.s. planes are conducting flyovers. this is not just an american effort, bu

>>> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with david faber, saraisen at post nine of the new york stock exchange cramer has the morning off futures, modestly softer here after the revolt in russia over the weekend. lot of questions and debate about the impact on stocks and commodities. busy week for data s&p coming off the first weekly loss since march our road map begins with a final week of the month, quarter, and the half watching the macro market risks after that failed weekend mutiny and insurrection in russia >>> tesla shares are down ahead of the opening goldman downgrades the stock >>> a tug of war over alphabet, downgraded at ubs, seeing a.i. risks ahead, while a new b of a survey suggests a google search boost. >>> interesting, guys, some things working, arguably, against the bulls to start the week, not a lot of laeearnings data we'll get buyback blackout windows. we've had a run. jpmorgan asks whether we go back 5% to some moving averages, 10%, 20%, they think 5% is more likely >> it's just a garden variety pullback there positioning an

>> everyone, sara, yourself included, interpreted it all correctly. think he's trying to temper market enthusiasm for the skip, that it's a skip and not an extended pause in all likelihood what the two consecutive meeting statement was all about. i think the core pce, they focus on, has been steady now for five months at 4.7%, it's giving them trouble. it's concerning. he's expressing that concern and telling you they have a reasonably long journey ahead and trying to prepare the market for that that's a message i don't think they like to hear. >> the markets are kind of mixed today. do you think they are already priced into that hawkishness, internalizing what he's saying >> i don't, leslie i think the market has a more optimistic view. jay said that earlier before when he was asked about the discrepancy between their forecast and the street. he said the street is more optimistic on how quickly inflation can come down. even the fed had to raise their core pce forecast from 3.6 to 3.9 because it's not moving as quickly. i think that's what's getting u

sara?errick garland to unseal that federal indictment against donald trump, and address the american people before the sun sets today. pence who was cleared with documents found in his indiana home, and he said that the american people should judge the indictment for themselves. >> let's remember, first and foremost, this is -- if every american is innocent until proven guilty, and that is a bedrock of the american justice here. and the principle is that no one is above the law, and handling of classified materials is a very serious matter. >> cnn national correspondent jessica dean is joining us. and now, what will the other candidates saying about the indictment, and this is the first person that we have heard from so far. >> sara, this is the looming x-factor in the race, and it is going to continue to be the looming x-factor, and what is going to happen to former president legally, and what kind of political trouble does that spell for him, or is that a political boost. that is what the

terrific reporting, sara. things that we do not know and are waiting for is when the federal indictment could be unsealed. that will be the first real look at what exactly trump is being accused of and how the justice department has begun to build its case. cnn's katelyn polantz is outside the federal courthouse in miami where all of the action turns very quickly. what are we expect to go happen there today? >> reporter: well, we are looking for that document first and foremost, that indictment, will the justice department release it now that donald trump has publicly acknowledged he has been informed through his attorney that he's been charged with these seven counts. that is the thing to look for first because that is what the entire case and the every moment going forward here at this courthouse will be turning on. what is charged in that indictment. but then there is a lot of questions still about what kind of activity we might see today in the federal courthouse. are the prosecutors here, are they going t

i'm sara eisen live from the floor of the new york stock exchange setting the agenda for us today, forget rate cuts hikes are across the globe powell with an indication that two more hikes may be ahead. we'll break down the flight of the hawks. >>> charles schwab asset management ceo omar aguilar on the parallel of equity and fixed income markets. >>> and the fed chair is testifying in front of the banking committee. live updates throughout the hour. >>> stocks were on track this morning for four consecutive days down. five consecutive days down for chips. we have a little buying in the middle of the session. nasdaq is doing okay it's the financials and industrials a source of weakness as powell is talking about raising capital requirements for the banks. >> topping the tape is the kre, the regional bank etf. we were glued to this after the collapse of silicon valley bank. people watch this as a tell on sentiment, on problems for the banks. the more talk of hikes, of course, people worry about flows out of 6 regional banks because they get more attractively priced yield there when it come

i'm john berman with sara sidner and kate bolduan, this is "cnn news central." >> decision day, round two, two consequential cases standing before the supreme court breaks for the summer, and next hour, the final rulings, the fate of student loans right now is uncertain as the justices soon decide whether or not president biden's debt forgiveness program can take effect. the plan would erase up to $20,000 in loan payments for borrowers. and with more than 40 million eligible borrowers in limbo, $400 billion of taxpayer money is on the line. will the court block biden's plan? >>> plus, was a web site designer's free speech violated by a law in colorado? the designer opposes same-sex marriage, and if the court rules in her favor, civil rights groups are worried it could leave the door open for business owners to deny services, not just as same-sex couples, but even along racial and religious lines. let's bring in cnn justice correspondent, jessica. can you walk us through exactly what the significance of this day is and these cases going forward? >> yeah, sara, typically the supreme cou

sara referred to it in her interview, you all have referred to it.e saw weakness in retail, the goods sector and yet in our case, the service sector propels the u.s. economy and consumption propels the u.s. economy. and i keep saying over and over and over again, as long as people have jobs they will consume as they get paid and we have historically high employment rates across all segments. look at african american women the highest employment rate in history at least for the last 20 years we've been tracking those breakdowns if you go across the board that means continued consumption. it softens somewhats, sends higher incomes into the walmart and dollar generals and the like, but we're still driven by consumption and services and they remain fairly strong. so what i heard from that panel is, no one is expecting a severe recession. and everybody seems to be expecting a soft landing at some point but it hasn't happened yet. europe is -- europe i worry more about than anybody else. >> richard, i'm just curious going back to that earlier point. you kn

let me get a kleenex. >> i told you to have a box there. >> but not all of sara's family was free. 20 years unaware of the court's ruling, they remained in bondage. when she learned of the decision, more than a quarter century of her mother's court-breaking decision, she learned of the enslavement to be free. >> and then the witnesses and things came through, and they were awarded their freedom. so, what do you think? >> man. this is, oh, man. to be an enslaved woman suing your slave master, and to do it twice in one blood line. >> and in virginia. >> remarkable. >> your line started out enslaved and became free up until where you are at right now. >> it became free because those women fought for it. >> i'm going to tell you what, victor, the women in your family is unbelievable. >> hmm. it fills in a lot of gray. a lot of blank space. there was nothing there. there was an assumption, and now there are names and relatives and places and stories. it certainly fills in more of the story of my family's place in this country. >> incredible. >> that is remarkable. >> every time i watch

sara? >> i will take it from here. >> sara, it's you. >> hi, john.ood to see you. >>> the former president s by the way, still facing other investigations on the state and federal levels. how georgia law enforcement agencies are preparing for the possibility of a summer indictment. >>> also, a miracle in the amazon, the father of four kids who survived a plane crash, then weeks in the jungle, is talking to cnn. who those children managed to run into during the 40 days they were in that dense jungle. >>> and new accusations against the armorer in the "rust" moving shooting. what they say she was doing the night before the film cinematographer was shot and killed. delicious too. just ask my old friend, kevin. nothing like enjoying a cold o e while watching the game. who's winnining? we are, , my friend. we are. power e*trade's easy-to-use tools, like dynamic charting and risk-reward analysis help make trading feel effortless. and its customizable scans with social sentiment help you find and unlock opportunitiein the market. e*trade from morgan stanley

sara can you imagine you are a camper, the morning and he says hey, sara, let's get a breakfast burrito is loony. >> all right. thank you, vern, thank you very much. >>> still ahead, it has happene again. why a try valley parking lot is a hot spot for car thieves who this . >>> a parking lot is a hot spot for car thieves, they truck not once but twice in the past few weeks and for the second time a unsuspected victim lost just about everything. juliette goodrich joins us tonight with this story. it sounds like this is an issue that you specifically have covered a lot >> yes. it is a hot spot. what these guys are doing, business people, families, they are parking their cars, their rvs i front of the hotel, double tree in pleasanton. in this incidence, ron, who sells kettl corn had his rv stolen, all of the kettle corn, the propane, oil, everything, the thieves took away with all of it. now, he is left with his livelihood gone. a community that really i reaching out to him and trying to help him but until he gets i back he is out of luck. let's hear what he has to say. >> all of the sugar

sara?s look at the bigger picture and what this could have meant for putin if prigozhin had been successful. dmitri alperavic joins us now. you just heard "the wall street journal" reporting what we were all talking about. i'm curious if you think this is intelligence trying to get into putin's head or if this is a possibility that there will be a much larger revolt here that just fell away? >> i think it's a little bit of both. i think "the wall street general" certainly tracks and we know shoigu was in the city of rostov and he fled hours before prigozhin's troops got there, but this was such a hair brained scheme from the start. even if prigozhin had succeeded and even if he had taken defense minister shoigu and chief of general staff garerasimov, and don't think putin would have fallen for that blackmail and i don't think it would have changed anything. >> i'm curious what you think about what will happen to prigozhin and anyone else that the fsb or that, you know, putin's close corners

>> that is right, sara. we have just learned with someone who is familiar with the travel, walt nauta, the aide who was also indicted is expected to travel with the former president for the court appearance. and once he gets there, it is unclear of what that is going to be looking like when they leave the doral country club which is trump's country club, and there are going to be questions whether nauta was indicted if he would stay by trump's side and cooperate in any way, but it appears now that the two are going to be sticking together and he is going to be with him traveling to florida on this important day, and as we have reported we know that trump is going to be staying at the doral resort and meeting with attorneys and discussing adding a lawyer to the legal team there in florida, and they need another florida-based attorney. unclear of where the conversations on, but they are working on it, and they have the fund-raiser of where he is going to deliver the remarks, and continuing to ride the wave is

i'm carl quintanilla with sara eisen who's back on the agenda today. bespoke's paul hickey is with us with the nasdaq having the best first half in history. will tech continue to dominate in the second half >>> breaking in the last half hour, the supreme court decision on student loans we'll look at what retailers are mostly at risk. >>> ai meets some investing advice we'll speak with tfin ceo. >>> we're closing out a first quarter and month here, nasdaq up 1.4%. as mentioned, nvidia, the best-performing stock of the year, is leading the charge, up 3.6% so much for the rebalancing. the s&p's up a nice 1%, carl every sector is higher and it's interesting to see how it's correlated with better economic data. that was the big surprise going in, right? we thought we were going to be talking about recession and earnings downturns if you look at the city economic surprise index, it's ticked up and the market has followed suit it helps to also have continued moderating inflation, which we got more of today in the pce numbers. >> is it possible today we're rea

our own sara eisen is live at that summit. she's coming up in just a minute. >>> fast food versus fast casual we take a bite out of the performances of the stli it's wednesday, june 28th. you're watching "worldwide exchange" right here on cnbc >>> welcome back to the show let's take a check on u.s. equity futures right now we're seeing modest moves to the downside after a big up move yesterday. the dow was implied just about a point higher we also want to get a check on chipmaker stocks reports this morning are the biden administration is considering new curves on the export of chips on artificial intelligence to chai nachlt taking a look at nvidia, down 3.5%, microing micron, qualcomm, broadcom moving down to the tune on just about 1.5% turning to one part of the market getting more attention from the investors and that's the ipo side of things gen, it's expected to start trading today, a small offering, expected to raise around $30,000. it follows the success of cava earlier this month, giving inspiration to other restaurant

sara? >> president biden is scheduled to speak within the hour, and so far, the white house is very careful with the words, and we have a new response coming up. >>> and a supreme court decision that could shift the power of balance in congress. and why the high court has paved way to add another black district to the louisiana congressional map. br eak free with t-mobile! intrododucing go5g plus, the first planan that always gives new and existing customers the same grereat device deals, and you're upgrarade ready in two years versus three. right now, bring t-mobilele your phone and get the amazing iphone 14 on us. trapped. free. get the amazing iphone 14 on us. trapped. free. and there he is. chaz. the rec league's self-crowned pickleball king. do you just bow down? no you de-thrown the king. pedialyte. 3x the electrolytes. for copd, ask your doctor about breztri. breztri gives you better breathing, symptom improvement, and helps prevent flare-ups. breztri won't replace a rescue inhaler f

sara? >> thank you, john. we will bring in national correspondent kristen holmes, and i know that you have been talking to the trump team. what are you hearing? are they nervous that an indictment is imminent? >> it is not so much nervous, but they are planning on an indictment to be imminent and not so much of anything that vi heard from the department of justice, but they are looking at what we have been looking at, and they know that he has received the target letter, and former chief of staff mark meadows has testified before the grand jury, and something that is going to be happening where trump is in bedminster, and trump is to have more advisers to join him, and it is possible that he is going to be indicted. he has told allies that, and i reported that he asked people what they thought, and now he is telling people that he does believe that is going to happen. now i am told that there are no concrete plans in place if that is to happen. right now, it is feeling like a waiting game to these advisers and

i'm sara eisen with david faber. what a treat. >>> setting the agenda, an exclusive with the ceo of kroger the grocer finally seeing relief in the supply chain. we'll talk the consumer and inflation and the latest on its deal to buy albertsons. >>> investors ingest the hawkish pause from the fed why there may be more downside risk out there. >>> ian bremmer, his take on the global rules and regulations needed for ai and why it all may come down to china's relationship with the u.s. >>> first, let's give you a quick look at the markets. we are having a nice move with the dow leading. don't like to mention that typically but the s&p is up 0.50% and the nasdaq is still up some 30-plus percent this year is lagging but up 0.4% >> they're digesting the data. we got a lot of data digesting the fed meeting. of course, the ecb one place i look when it comes to how the market is interpreting some of these central banks is the dollar, of course, because it reflects not just the fed expectations but the european central bank, wh

sara can you imagine you are a camper, the morning and he says hey, sara, let's get a breakfast burritot is loony. >> all right. thank you, vern, thank you very much. >>> still ahead, it has happene again. why a try valley parking lot is a hot spot for car thieves who this ♪ cycyberattacksks on pupublic infrarastructuree threreaten the i institutions we allll rely on.. majojor enterpririses araround the w world, healththcare compapanies, energy comompanies, smalall businesssses, gogovernments.s. -whehen these ororganizations run n on google e cloud, they'r're defendeded by the se ai-p-powered sececurity thatat protects s all of gooo. - - a 24 hour,r, 7-day-a-w-weeke against whwhatever it t is thatat we're facacing. -there arere a lot off peoplele on the ininternet ththat are tryrying toto do bad ththings. it's our j job to stopop the. ♪ [bonones crackining] ♪ (tensnse music) ♪ one e aleve workrks all dayy so i can keep working mymy magic. just one a aleve. 12 hours of uninteterrupted pain relelief. alaleve. whwho do you t take it foro? at dennyny's, we'r're celebratating bacona. wiwith

sara? >>> thanks, john.he highly complex mission to recover the craft and the five people on board. there are very few assets in the world that can reach more than 12,000 feet below sea level where the titanic lies and even those that can, they can only travel about 1,000 feet per hour, which means it could take 12 hours to reach the titanic, if it is at the bottom, that submersible. let's take a look at those machines which are called remotely operated vehicles or rovs. this is one of them that we know has been deployed to that search site. rovs are about the size of a cargo van and they are tethered to a surface ship with a 2 inch thick cable which provides power and communication. now, u.s. military rovs have electric motors and cameras but would not have the capacity to actually be able to lift that submersible. that is where this piece of technology could come in. experts have suggested an rov could attach a cable to what's called the fly away deep ocean salvage system. it has the ability to lift loads

sara. >> attention turning to the weather. the tragedy, and now joining us for perspective here is laura coates who is a former federal prosecutor and friend, and i am so glad that you are here with us. all right. >> thank you. >> first of all, i can't help but talk about the waivers, because we have seen so much about these waivers. all of us, when we do things that are dangerous, we sign them, right. this one very particular, it had a lot of things saying that you could die here or this could happen or this could happen, and you could perish, and how strong are those when someone says, i am going to sue you anyway. >> we have all signed waivers and in a cursory review before signing things, but this is a more comprehensive given the gravitas and the potential risks and the depths the ocean. the waiver can give you protection as the company owner who is handing it out and requiring it to be signed is, but there is no protection if there is gross negligence involved and the person signing waiver and the liability was either mi

various affordable purchases and installments from saras, various household appliances, iran's big sarasesh spring air to homes, iranian big saras in the cities of qom and isfahan , the taste of life, the taste of health, sunflowers containing natural antioxidants. 11 o'clock together from this organization the country's education assessment announced the extension of the deadline for the registration of the recruitment exam of the ministry of education, especially sholeh debir and the student teacher, until saturday, the third of july. so far , more than 160 thousand people have registered for this exam. applicants can go to the notification portal to register.

i'm carl quintanilla with sara eisen who's back on the agenda today.ey is with us with the nasdaq having the best first half in history. will tech continue to dominate in the second half >>> breaking in the last half hour, the supreme court decision on student loans we'll look at what retailers are mostly at risk. >>> ai meets some investing advice we'l

sara? >> right now, the vessels on the floor to search for the vessel, and right now, the canadian ship "the arctic" is there to operate a remote operated vessel, and others are on the way, and oren liebermann is on the way now, and can you help us to understand the capabilities of these vessels that we are hearing about, and one that is now on the ocean floor. >> of course, sara. this is a massive upgrade to have an rov, and remotely operated vehicle on the floor right now. an instead of searching from above or surface of the ocean using sonar buoys trying to pick up on the audio coming from the submersible, and this a vessel on bottom there unman and remotely operated with capabilities that might include photo and video and put eyes on the bottom, and side scan sonar and depends what it is equipped with, and crucially, it is not alone for long, and these are some of the vessels there at the search sight deploying them, and the horizon arctic, and the one that miguel picked up on and i wil

. >>> time for a check of what's ahead at 6:00 as we check in with sara donchey in for juliette. >> it be a never ending problem in some oakland neighborhoods. we've talked about this a lot. the problem of illegal dumping just reached a disturbing new level. the plan to attack that problem from above. minutes away from the start of the big trans march as we'll hear from activists ready to take a stand at the time when they say their rights are under attack. >>> the first ever bart book club. the news at 6:00 in ten minutes. >>> and here right now with a look at sports. >> after drafting the teenagers in the last three nba drafts, the warriors went older. taking the 20-year-old, from santa clara and the 23-year-old. the warriors introduced them in the afternoon and yet to meet them in person. the most important thing, they all connected on instagram. >> i saw all the stuff follow me on instagram, so that was really cool. i can't wait to meet them to get started on the process. >> same for me. that was pretty cool. >>> now as for the trade, the warriors cannot comment on the deal until t

>>> good tuesday morning i'm sara eisen with carl quintanilla live from post 9 on the new york stock exchange. setting the agenda, mark smucker on the heels of a strong quarter as we heard from a number of the staples companies. higher prices driving sales increases while volumes are flat we'll get his take on the consumer and where prices go from here. >>> jpmorgan is with us, running out of reasons to be on the sidelines as wall street debates what type of land, wall street is headed for. >>> later, the return of meredith whitney, known for her big call on the banking sector before the financial crisis. she is back with a new research firm and a new call on the housing market. >>> a check on the markets we're in a familiar range just south of 4300. some pretty big calls out of the likes of goldman, and in the wake of what's a vacuum of ecodata and fed speak, at least today. >> not a lot of directional drivers but what is notable is the expansion of the rally last week and the previous weeks we've been bemoaning, it's big cap tech i'm looking at the russell 2000 of small caps, up 2%

sara, great stuff.hanks for sticking around we appreciate it sara eisen in portugal. >>> korean barbecue chain restaurant group popping in his debut. is the drought over? we'll look at other names on deck and a look at the markets, dow down 139, nasdaq only up 4 and the rugssell up.0.2 we're back after this. bcn this is "the exchange" o cn somebody would ask her something and she would just walk right past them. she didn't know they were talking to her. i just could not hear. i was hesitant to get the hearing aids because of my short hair. but nobody even sees them. our nearly invisible hearing aids are just one reason we've been the brand leader for over 75 years. when i finally could hear for the first time, i started crying. i could hear everything. call 1-800-miracle and schedule your free hearing evaluation today. restaurant group is surging in its public debut shares priced at 12 last night, opened at 18.30, almost hit 20 bucks. i think that's the price, about $15 right now. relatively small deal

. >>> from kpix, there is the lat news with sara donchey on cbs news bay area. >>> we have breaking news off o the top tonight, big bay area roadways, first in the city, sa francisco, chp shutdown northbound 101 on 3rd street after finding a car riddled wit bullet holes. they think it is related to a shooting that happened on city streets. traffic diverted to 280 for now just on the other side of the bay, a crash that shutdown thre areas of interstate 80. no word on if anyone got hurt in either incident or when the scenes wil finally be cleared. >>> good evening, everybody, i' sara donchey. one moment family and tourists were enjoying a beautiful father's day on pier 39, running if are their lives. wonder figure they can ever fee safe on the streets of san francisco. one arrest, more could follow. two cars started shooting at each other right in front of pier 39. they raced down the embarcadero, still firing, until one car stopped a embarcadero and howard, two suspects shot, a girl hit by a speeding car as she walked her bike across the road. we have new video on how it all happene and h

. >> om kpthis is the late news with sara donchey on cbs news bay area. >> her sara tonight. we will get to that story in just a moment, but first we do have breaking news. multiple people shot in san francisco's mission district. this is happening at 24th street and treat avenue just a couple blocks from the 24th street b.a.r.t. station. our betty yu is live there in the area. she's been covering this all evening long. betty, what is the latest there? >> reporter: well, jules, right now we're at 24th and harrison. a block away from where you see a lot of police activity at this hour. right now we have limited information, but i can tell you that i spoke to a witness in just the last few minutes who said that he was hanging out at a friend's apartment and all of a sudden heard a lot of gunfire. he heard screaming, and he said that there was a block party tonight in the street. and that is, apparently, where we're seeing a lot of investigators collect evidence right now. now, police tell us that all of this went down just after 9:00 p.m. tonight. they can confirm that there ar

sara?ay, former new jersey governor chris christie is expected to announce that he is going to join the gop race for president. he is joining a very crowded field. tomorrow, mike pence and north dakota governor doug burgum is expected to announce. we are joined by gloria borger. it has been a minute since i have been able to talk to you, and you had a conversation with some of christi's e's folks and what are they telling you? >> well, i spoke to a senior adviser close to him, and i asked what is his lane, and the answer was chris' lane is going through trump. that is the only way to win. we know chris christie pretty well, and we know that he was once very close to donald trump, and remember before the debate in the last election, he was training him for what to do and say, and then he got covid. but there was a big break after january 6th. now, he has been one of the most outspoken people in the presidential party and certainly in the presidential field taking on donald trump frontally, a

. >> sara? >> on this, a dangerous smoky skies have millions of americans experiencing the worst air quality in years, and where is this wildfire smoke headed now. >>> also, we are keeping watch on two courthouses this hour, one in miami, florida, and one in washington, d.c. everyone is watching for any movement from two grand juries, and that is coming up next. . [annncer] if you're thinking about earning your degree online, snhu can help you get there. - i felt supported throughout the whole process, even from the first call. [graduate] my advisors consistently reached out and guided me along the way. - it was like i was talking to a friend, like someone that i had known for years. - the instructors were very helpful with everything that i was going through. [announcer] we'll be with you from day one to graduation to your dream job. ♪ it all starts the moment you find your program. [announcer] go to snhu.edu to get started. your shipping manager left to “find themself.” leaving you lost. you n

. >> thanks, sara. >>> what will the trump legal strategy be?wu. "the new york times" did a nice time laying out four possible avenues of defense for trump. it's a good template for us. number one is, the trump team could say he had every right as president to take these documents when he left. what are the strengths and weaknesses of said argument? >> the biggest weakness is, he's no longer the president. the idea of this case hinging on the unlawful retention, the removal but the retention of documents and obstruction following that, as well. the records, as we said, you're not able to keep the documents. these belong to the american people. >> i'm now told your microphone is not working. we're going to get that. we'll get that fixed right now. >> you want to hear me talk? >> yes. >> now that i'm audible, which is a weakness not to be heard. the biggest issue here, is you cannot retain documents. that's the crux of the argument. if you once had the document, if you no longer have that authority, as in the clock strikes midnight or 12:00 p.m.,

. >>> this is the late news with sara donchey on cbs news bay area. >>> hello, i'm sara donchey. chaos and confusion for two south bay communities as a man went on a stabbing and carjacking rampage including a deadly hit and run. tonight we have more on the grieving families and more on the man who police say was behind all of this. we're also getting our first look at the moments before that deadly hit and run. surveillance video shows the suspect drive a dark suv into a parking lot and here he goes past the bushes. that is when police say he hit and killed the elderly couple. just one horrifying moment in a string of attacks that spanned two cities. so here is how and where it all happened. police said after 3:00 p.m. yesterday, the suspect stabbed and carjacked someone at the road and dellwood way in san jose. minutes later, they say he stabbed another person during an attempted carjacking on hillsdale avenue outside a target store in the parking lot. shortly after that, police say he hit and killed a couple on santa clara and 16 streets. about an hour later in milpitas, inves

. >>> from kpix, this is the late news with sara donchey on cbs news bay area. >>> hello, i'm sara donchey. th colorful kick off to pride weekend will light up the night sky tomorrow. former house speaker nancy pelosi will be on hand for the grand lighting display titled "welcome" now, a battle is brewing between its creators and an artist that insists they copied her work. here is a shot of each, side by side. tonight we spoke to both parties. >> reporter: to some it might look like beams of light but fo some, this is her signature work. inspired by a real life rainbow she saw dancing across pond in massachusetts and spurred to life later by the election of president barack obama. >> i relate very much because i am mix raced like barack obama and i think a lot of people of color were just jubilent to finally see something like this >> reporter: titled global rainbow, first displaying the light insulation in 2009, projecting across downtown manhattan on martin luther king day. >> i just wanted to do a work that had nothing to do with division. i wanted to do with work that had everything t

let's get started on all this with cnn's sara murray. tell us more about what we hear now on this tape. >> reporter: look, this is damning evidence for trump, and it's great evidence as far as prosecutors are concerned because it's donald trump on tape in a meeting with biographers and two staffers, none of who have security clearances talking about this document related to a plan of attack against iran. i want to play another portion of the tape where donald trump is acknowledging this is not a declassified document and since he's no longer the president, he can't declassify i take a listen. >> this was done by the military. given to me. i think we can probably -- >> we'll have to see. i'll have tory to -- >> declassify it. >> yeah. >> as president, i could have declassified it. now i can't. this is classified. >> now we have a problem. >> isn't thainteresting? it's so cool. and you probably almost didn't believe me, but now you believe me. >> i believed you. >> incredible, right? bring some cokes in please. >> and it's striking there,

we're going to see sara, she has a big interview later this hour.chairman and ceo david solomon will join sara but first, over to you, mike. >> we are 30 minutes into the trading session. here are three big movers that we are watching. as we have generally a green opening in the indexes illumina, one of the top gainers on the s&p the ceo resigning from his role, effective immediately, following activist pressure on that company by carl icahn. the stock up 1.3%. nasdaq shares falling on news the company plans to buy software company adenza in a cash and stock deal valued around $10.5 billion you see nasdaq down almost 10% finally, we're watching abercrombie & fitch, getting upgraded to by at argas, with a $41 share price target the stock has rallied almost 50% since may 22nd more on today's upgrades coming up. >> we have inflation data a fed decision and mike, always great to have you on set in terms of setting things up and getting your take on what we talk about a lot, certainly a lack of broad market action and this focus on a handful of names tha

la informaciÓn completa la tiene sara.r su vida y la de sus hijos. >> el estado de terror que me generaron a mi, el sentirme aislada e incomunicada es violencia psicolÓgica. >> todo comenzÓ cuando cumplimento un amparo que dejÓ en libertad a un hombre, presunto lÍder del cÁrtel nueva generaciÓn, acusado de ser generador de violencia en oaxaca y veracruz. >> cuando informÉ a mi superior, que es la presidenta del tribunal de justicia, ella me amenazÓ diciÉndome que me atuviera a las consecuencias. >> fue detenida el 5 de junio en xalapa por supuestamente portar un arma de fuego y haberle encontrado droga en el auto. >> la jueza denuncia haber sufrido tortura psicolÓgica, intimidaciÓn y golpes los dos dÍas que estuvo incomunicada y privada de la libertad. >> me tenÍan encapuchada todo el tiempo de la cabeza para que no pudiera identificar a los elementos de la policÍa. >> finalmente, afirmÓ que estÁ realizando amparos para poder salir de su casa sin miedo hace detenida. a pesar de tener oferta de asilo polÍtico en otros paÍse

back over to you guys. >> fantastic, sara thank you. our sara eisen. >>> meantime, apple hitting an all-time high this morning that follows three price target hikes on apple since friday. including morgan stanley, which says the stock can run up to $190 evercore goes to $210. we'll talk to morgan stanley later this hour. >>> the s&p 500 doing some house keeping. palo alto networks replacing dish network on june 20th in a reshuffling of the index you see palo alto up 5% this morning. ♪ ♪ every day, businesses everywhere are asking. is it possible? with comcast business...it is. is it possible to use predictive monitoring to address operations issues? we can help with that. can we provide health care virtually anywhere? we can help with that, too. is it possible to survey foot traffic across all of our locations? yeah! absolutely. with global secure networking from comcast business. it's not just possible. it's happening. >>> energy's in the green, but giving back some portion of its gains after the saudis pledged more voluntary productio