you have see comparison side by side of the kaiser program in california to united health care plan. in the only california have access to kaiser but retirees living throughouts the united states where this may be the only plan offered to that retrieree. kaiser premiums are lower because of the hmo model. tirety management in the hmo model with kaiser system approach. you know upon the u knifed health care plan is a national ppo. capturing as much data on members as they can. but expected to have a higher cost and the cost gap between kaiser and u nighted health care will widen the renewals. you see in the table. toll plan rates include 3 dollar sustain ability fee and the premiums at the top. employer contributions determined by application of city charter formula. ghee in specifics on each of these changes. so if you got more detailed questions -- please holds those. this is about the general trends and impacts we have seen across the board. doctor follansbee you opened update nest why this is increasing. you know i want to point there are almost 4,000 advantage plans. not all are a

crowd strike, alphabet, intel is one of the big winners today how do you view united health and healthin general when some say it's time to get defensive? >> united health care is one of those that it's really hard to find the right time to buy it. it reminds me of nvidia. the difference between them is united health care has more power in it than one particular story. united health care is that name that as we're seeing the covid unlock, you have a lot of people who delayed elective procedures and all those things during covid that are finally getting out and getting them done. that's been the catalyst for unh. share price could go up. there hasn't been a great opportunity to buy in as a shareholder. you have to hold your breath and buy into strength. it's been one of our best holdings it's one of the largest holdings among our clients. as we continue to allocate that way, it's benefited us to be in the right place at the right time. >> last year no doubt about that this year remains to be seen malcolm, thank you >>> up next, oil tanking today our next guest sees an upside in the ener

the dow is down 127 points largely because of one stock, united health.y modest gains and the nasdaq and the s&p, that may change when we get the results from the fed this afternoon. show me big tech please. where are we going here? we're going up mostly, meta, microsoft, apple up, alphabet, amazon down ever so slightly. the 10 year treasury yield where is that? it's at 3.78%, it is down ever so slightly today. again, that could change with the fed decision this afternoon. now this. its been seven years since hillary clinton lost to donald trump. you'd think she be over it, or had learned a few lessons, but no. just one month after john durham exposed hillary's role in the russia hoax, she's back. not only did she help make up the hoax. she told biden and obama about it. they all knew. they were all in on the most successful political dirty trick in history. now, she's laughing and joking, as she unloads on trump and calls republicans a cult or cult members. doesn't that remind you of her deplorable speech? watch this. >> you know, to just be grossly gene

bertha coombs will tell us why. >> united health cfo speaking at the goldman sachs conference said health year and demand for surgical procedures is getting back to pre-pandemic levels. >> hips, knees, cardio, and it's very localized in medicare businesses where particularly we're seeing a trend there's some indication that looks a little bit like a pent up demand, or delayed demand being satisfied. and some indications what we see. >> now rex emphasized they are seeing the move in outpatient settings rather than inhospital which gives a boost to united health's surgical outpatient center partners surging on the news, and the device makers are higher as you noted the medicare advantage players like humana, higher surgical costs are harder to offset and centene and cvs aetna which are already under pressure this year could see greater pressure under medical cost ratios. the timing could help for 2024 when they're submitting plans for next year and united's rex said they've already incorporated this trend into next year's plans. so they will have a sense that they'll have higher costs. carl

that's good news for stocks. >> still ahead our "chart of the day" is united health. accounting for nearly every bit of that triple digit loss for the dow. we'll get the strategy on it next ng hot dogs, i invest in a fund that advances innovations like robotics. fresh, warm hot dogs, straight out of my torso! one for you, one for you. oh, you're a messy one. cool, right? so cool. anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. hot dogs! fresh, warm hot dogs! before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. we moved out of the city so our little sophie fucould appreciate nature., risks, charges, expenses but then he got us t-mobile home internet. i was just trying to improve our signal, so some of the trees had to go. i might've taken it a step too far. (chainsaw revs) (tree crashes) (chainsaw continues) (daughter screams) let's pretend for a second that you didn't let down your entire family. what would that reality

tyler, kelly, if it wasn't for united health, the dow would be up 140 points. h the health insurers. back over to you >> it explains the importance of understanding that the dow is a price weighted market barometer, not a market cap related one dom, thank you very much >>> so we get less than an hour to go now, and the markets seeing a more than 90% chance that the fed will pause today. not raise interest rates what happens after today's decision and what jay powell signals on that front that investor also be watching for, what comes next? senior economics reporter steve liesman is a few miles away at the federal reserve with the latest hi, steve. >> yeah, the pause is expected, but we're on the edge of our seats to see if it is characterized as a skiff, with a long-awaited end to this cycle i don't think the fed knows yet, and i'll explain why powell says rates are sufficiently restrictive that would suggest no more rate hikes are needed but do officials raise their projections, suggest more hikes could be on the way? all that is tied into the economy that supp

that's what happened to united health and humana this week.own that i take issue with which is why we're sticking with humana for the charitable trust. on wednesday morning, we added a bit to our position in the trust because we felt the stock had fallen too much. but they reiterate it full year forecast this morning and the stock falling to 445 on tuesday, it's gone from 18 times earnings to 16 times earnings i think unh can be bought here, too, as it rarely gives you such a terrific entry point in the end, the current surge of people taking care of their coverage has to be temporary that said, i've got another more positive takeway that i wanted to put to work for the trust humana and unh are pointing out seniors are getting more healthcare what does that say that perhaps you should invest in a medical device company? remember last month i recommended inmode, intuitive surgical and jnj i feel even better about this now that the health insurers are complaining about it so which ones are best okay, unh put out knees and hips they sound great z

united health, the multiple there is really high >> that's why we trimmed it. >> good, good.all comment that you started with, scott, health care was a darling last year. it's been beaten up across the board this year. i see the value there. the momentum is not there. that's how you phrased the question, scott. the momentum is not there, but the value and opportunity is there. >> it's undeniably the cheapest of the defenses, health care >> all right "grade my trade. we'll do that next what do you get from the morgan stanley client experience? listening more than talking, and a personalized plan ♪ to guide you through a changing world. ♪ >>> all right. "grade my trade," from edward. i put on a 500 share position in dvn, then sold july 5th, covered call contracts for $1.46 a share. can you grade the trade? what do you think about it >> i can't give you an a, because i don't know your strike but it was $52 in april, so i assume you bought it in april, then you sold those calls three months out, you collected around 2.7% income for that it's not going to get called away from you,

. >> united health is down.donald, apple, they are all done. 182-point lost despite the fact that producer prices in the last year have only got up 1.1%. >> united health is warning of higher costs. they are at a nine-month low so our prices really coming down? not for united health. stuart: the s&p 500, it's down dead flat. the nasdaq pretty much the same story down 0.09%. i want to see big tech, two winners -- meta and microsoft not winning by much. apple, amazon, off a bit on the downside but not by much. i want to start with nvidia, they joined 1 trillion-dollar club. the stock before this performance is up 180% just this calendar year. >> down 1%. that's it. a trillion dollar company, they closed yesterday seventh u.s. company to have a market cap of $1 trillion so if you're county, they are not all there now but apple, microsoft, amazon, google, tesla and meta. can they stay at $1 trillion or is this type just that? hype. everyone is buying in right now, what happens in a couple of months that's it's likel

dow is down 100, but s&p and nasdaq is going strong because of the big move lower in united health care. we'll be right back. data... no big deal? go on... well, what if you partner with ibm and red hat, use a hybrid cloud solution to connect data across clouds, then analyze all that data with watson. okay, but this needs to meet our... security standards? yup. compliance standards? mm-hmm. so they get the insights they need... yup. in real time... check. ...to make quick decisions? check. aaaand check. that's the solution ibm and a global bank created. what will you create? ibm. let's create. >>> legacy tech businesses all pushing to integrate artificial intelligence into their pipelines and hewlett-packard enterprise is no exception during their latest comall, the company announced their launching $800 million worth of ai-focused contracts joining us now is hpe ceo antonio neri i think that's over the last 18 weeks? >> in q2, we booked those $800 million, but the pipeline grew to $206 billion. >> >> how you framing it for customers, at least? >> customers are looking to get access to

flat over the last months and sitting down and i've opened up notice from united health today and nextour company's premiums go up 16% again. so seems like our premiums go up and as long as they turn it up and they can pass onto all consumers and i think the stock is up and it could be a rally. ashley: in the financial sector, well known name, american express. what do you think about them? why do you like them? >> american express, if you look over the last month, it's gotten a lot of momentum and a lot of money come into the stock and numbers had a nice run and i think it can continue breaking out from this level. consumers still strong and i think the consumer will stay strong and they've done a great job of getting the high end consumer whether there's a recession or there isn't a recession, they're really catering to the high end person who should feel less pain from any potential recession that comes so i like what they're doing and the changes they're making of the company and i think this moment continues ashley: he does golf and politics and stocks. thank you very much. who kn

dow is down 275, but again, price weighted, united health has been a massive drag all day. at one point today, it was accounting for all of the losses of the dow, right, bob so, it's skewed in the way you look at it today suggests that is not all fed >> no. this is why the dow is a flawed index, in my opinion it's a $500 stock. when your average stock in the dow is closer to $125. you move 40 points in that stock, in a day, that's 280 now points on the day when the market's moving in a completely different direction, and yes, of course, medical ratio, loss ratio they were talking about was an issue, obviously, but 400 points -- excuse me, almost 300 points in the dow? there were four stocks down today in the dow, 26 up at 10:30 when i made a comment about this, and we were down almost 200 points in the dow. i mean, that's a -- that's a problem. there's a reason market cap weighted indexes like the s&p 500 have won the day, because it's the community voting on real shares and real involvement in the market. >> i want to see, too, in the days ahead, if today ends up being, fo

a lot that losses accounted for by united health, a loser on the market dragging the dow down.odest gain for the s&p, modest gain for the nasdaq. when we get news from the fed, treasuries 10 year yield is down to 3. 79%. the price of oil right around $70 a barrel, bitcoin 25, $26,000, 25-9 to be precise. not much action until this afternoon when we hear from the fed. i wonder how voters will respond to trump's legal trouble. some polls show he has gained some support recently but there's a long line of hearings and trials to come. it is going to drag on. how will voters feel about their. if he gets a speedy trial in miami, it is done in 70 days. that is not going to happen. the lawyers will be fighting all kinds of emotions which will keep things going probably through the end of this year. in georgia the fulton county da is investigating his alleged election meddling, charges expected by september 1st this year. new york's attorney general letitia james will take trump to trial in october this year, she alleges misleading asset stormy daniels is expected to be up for trial in

united health same story earlier that week.es of zimmer have got anisoboost up about the same amount this month, up 13%. now to this mystery, throw pickle ball into the mix this analyst at into the mix. this analyst writing, quote, we estimate $250 to $500 million of medical costs are directly attributable to pickleball joining us to talk about the surprisingly dangerous trend, dr. patel. are you buying this? >> we are seeing a lot more pickleball injuries. it's part tennis, part bad badminton, part chess. >> i am in the minority, but i have played pickleball, so that not minority and my mom, she's 79, isn't this what the health community has been telling people to do, get out and get active yes, some educations of injuries, but aren't people getting a cardiovascular injury in >> we want them to be prepared when they do it. before some of the recent pickleball craze, 90% of pickleball injuries, and there were a lot of them before covid were in ages 50 and above. we know if you are older, you are just more prone to injuries paus

now united health is dragging the dow lower because it outlin ed it's facing higher costs because of pent-up demand for surgeries. i'm never in a demand for surgery myself but i guess if you were and the costs were up you'd be worried and now united healthcare is worried what do you make of that? >> yes according to them neil everybody is running out getting surgeries and whatever else they need to do to their bodies to get insurance to cover which is shocking but maybe the sign the recession is definitely not over and not coming and that covid is over maybe we're getting out there and getting bigger and better but the reality is this. the p &c space too, neil, property and casualty too has been rough over the last to you months as well tied to the banks with the trouble they had so if you look at the insurance space we don't own it right now but a pullback like this today and say that space would actually attract some of our dollars potentially if it bails out here neil: well if frances is back with us and i'm glad to hear that. i did want to pick your brain a little bit on what you

chan frog, how much of the rebates go back to united health care -- ms. chan frog -- cian frocco, how much of the rebates go back to united health care? ms. cianfrocco: along 98%. united health car, we pass on 90% of the discounts to the client. >> what percentage of your rebates are set back to cigna? >> we passed back over 95% of rebates to our clients. i do not know the exact number that passed over to cigna health care. sen. marshall: that is exactly what i said, do any kind of kickbacks go back to cigna? >> we do not have any to our company. we pass over 90% of our rebates over to our customers. at this point, it goes back to our parent company, cvs health, not edna. sen. marshall: most everybody up here agrees america is spending too much on prescription drugs. americans spend $600 billion a year on prescription drugs, almost as much as we are spending on the military. i do not want to tell anybody -- need to tell everybody here that americans have spent more per capita twice than what comparable nations spend. for my next one, it is important to se

>>> plus, health care headache the cfo of united health sails seniors are getting all sorts of surgeries they delayed because of covid how much pain ahead? >>> and later a charm offensive in china beijing bringing business leaders in to get theired a vase on how to give the economy a jolt at the same time, president xi set to meet with bill gates this weekend. could these moves put investing in china back on the map i'm melissa lee, this is "fast money. on the desk, tim seymour, steve gr grasso, dan nathan, guy adami. first, the pause heard around the world. laying the groundwork for rates to climb even higher than expected later this year the news sent shockwaves through the markets with the dow dropping as much as 428 points at its low before pairing back those losses the s&p and nasdaq finished the day in the green meantime, rates rocketed higher with the yield on the two-year touching 4.8% for the first time since early march. more on the fed decision and chairman jerome powell's press conference, let's bring in steve liesman, who was there some further rate hikes, that was the langu

then there's united health down 8% because who wants to own a health insurer during a re-election year it doesn't matter that it's a great company that's going to crush the numbers, you don't buy this a year before an election ibm's down, says give me high growth or get me out how about the absolutely miserable performance of lowly villager verizon i can't find anything good to say about it except my really cool verizon red windbreaker they gave me that is perfect for a rainy day or gardening it's ideal travelers. it's pretty good but dream on if you think a cyclical stock like this one at this point in the business cycle down 9.7%. you always hear it than that a family's only happy as the unhappiest kid nike has markets that are like families the chinese family's making the whole joint sag off 10%. home depot fed wants to raise rates, housing's caught in the crosshairs home depot used to be magnificent. could be again when the rate hikes are over, down 10.3% here's one the trust owns and it makes no sense to me that it's down 10.6% i'm talking about honeywell. maybe we're all waiting

earlier this month, united health group said health care usage rates were up with an uptick of hip replacements, kne surgeries and more >>> with the west stuck under the heat dome, michelle is keeping an eye on where the thermostat is set to soar. >> it's going to soar in a lot of spots, especially in the south. we're still in the triple digits the valleys of the west going to be warm as well. 55 million americans under heat advisories, excessive heat warnings in the pink dallas, waco, new orleans, you're going to see temperatures soar once again and it's going to stick around for a while, due to high pressure pumping in the heat little rock feeling like 109 montgomery will feel like 97 new orleans will feel like 114 today of the as we go throughout the next few days, we're looking at temperatures into the triple digits for san angelo. saturday 102 houston, same story, fw back ino thnce again in the south into the triple digits dallas 107 oklahoma city, 106 we'll talk more about the heat, storm chances and a little peek at the weekend forecast in just a few minutes. >> thanks, michelle. >> stil

and the house unit —— health initiative that focuses on the holistic well—being and prevention of mentalion people _ pakistan. our estimates are close to 1 billion people in _ pakistan. our estimates are close to 1 billion people in the _ pakistan. our estimates are close to 1 billion people in the world - pakistan. our estimates are close to 1 billion people in the world that - 1 billion people in the world that suffer from a 1 billion people in the world that sufferfrom a mental 1 billion people in the world that suffer from a mental health condition, in every community, there will be many people with mental health conditions, in fact in every extended family there will be people suffering from mental health problems, and the vast majority of people who have these problems do not have access to mental health care, many people who don't have access to information on how they can help themselves or help others. the good news is that the political interest in mental health has really gone up, and there is now much more political commitment to move and do something about mental health. but

. >>> let's look at your score card dow getting a nice boost today from united health and chevron and caterpillar and american express. tech an interesting story. some of those ai names reviving a bit. pretty good day for apple as well energy, the worst sector is leading today. it leads to our talk of the tape can you trust and depend on this rally? let's ask the professor siegel he's with us today from philadelphia professor, welcome back. >> happy to be here, scott. >> new month are we going to have the same story? do you believe in this market right now? >> i think the market loves the -- i was surprised there's talk about a pause or a skip you can name it what you want, but i think that's a major source of the rally. i've been warning about the fed going too far, the delayed effects of monetary policy copolicy if they can pause, this lowers the probability we'll have a recession. >> you think they're done? when you saw pause, presumably you're suggesting they don't go in june, but that doesn't mean they're fully done i think fed members who have been speaking have been going out o

. >>> let's look at your score card dow getting a nice boost today from united health and chevron andess. tech an interesting story. some of those ai names revivin

and shares in health are facing steep selling after united health group says the costs were on the risees were increasing in older adults shares of tesla facing frpressue ahead of the open after 13 days of gains yesterday the ev maker tacking on $15 billion of value during the run. and anpetco picks by snoop with toys, treats and grooming supplies >>> getting ready for the trading day ahead, we get quarterly results this morning from adobe and jabil and kroger. we have the ecb decision at 8:15 a.m. and we have weekly jobless claims and retail sales and philly fed manufacturing figures. those weekly jobless claims are the most important data point of the week our next guest stephanie link is from hightower is here to discuss more >> good morning, frank. >> with the jobless claims, what is your wex word of the day? >> it is jobs. the initial claims numbers today is the most important data point. last week was a surprise to the upside at 261,000 initial claims people are looking for 250,000 today and i never really put too much emphasis in one week's worth of numbers numbers have been incr

>> this was my final trade last week, and it really had to do with united health care and humana talking about utilization rates and nonessential surgeries re-accelerating that plays right into the hands of med tech i own j&j. i wanted a pure play, that's zimmer they have huge backlog that supports growth into next year they have margin upside and at 15 times earnings i think the stock is still attractively valued >> the others are related to financials one that surprises me because i feel you've owned this for a long time. maybe you were in and out of it. wells fargo. you're out done good-bye >> i'm up 60% in two years and i still like the story it's attractive and the restructuring is well under way. however, i think the capital market plays will outperform the pure big regional banks just talking with bob pisani about the market i like morgan stanley's wealth management business. i think the capital markets guys will do better than the pure banks this year. >> and bought morabito gan stanley. why did you choose to do that? >> because of the capital markets. they have wealth management

. >> you have moderna, merck, united health, thermo fisher -- >> i bought ibd believing biotech wouldake out but let's be clear. in theory this is the right place to be, but in the practice and reality of what price is doing it has been incredibly disappointing. it was probably about three weeks ago i thought we saw a break out in crisper therapeutics which is a favorite in biotech. the breakout has stalled out. i have to admit it has not worked just yet. >> we will see if it will. down 2% year to date is the ibb. we have the headlines right now from seema modi. >> hello. two people dead and five other shot of a high school graduation ceremony in richmond, virginia tuesday. the gunfire started as hundreds of people were leaving the building where the graduation was held. police arresting a 19-year-old suspect and saying he will be charged with two counts of second-degree murder. >>> the names suspect in natalee holloway's unsolved disappearance was transferred to a new prison facility in peru today to wait extradition to the united states. jordan van der sloot will be handed over to i

disney i'm looking at the loss leaders here and disney as the big laggard and microsoft and united health and american express, wal-mart and so on. internet of things company, ioc. they just revealed a mayor company has become a client. one of the largest airlines in the world. in the 2023 connected operations award, somsara provides software and systems to help companies track physical assets and improve work flow announcing that american airlines is not only a happy customer and thrilled customer. thanks to somsa are, a customers, a hub at dallas airport saved mechanics 2,600 hours searching for ground support equipment all over the tarmac and more than half a million in jet fuel and reduced flight delays by 15%. how does samsara do that? artificial intelligence is one of the key tools and we have samsara founder and ceo. great to have you. you took the company public in 2021. there's a motivator audience in the show and the stock gained 130% year to date, it's our job to get the stake behind the sizzle. let's get the stake. what did they do for american airlines that reduces flight del

health insurance company united health group said it saw a higher than expected pace of hip replacementsnoted the number of players increased by over 150% in july three years. -- in just three years. surveillance video, take a look at this, showing the moment a robber snatches a woman's purse and drags her down the street. police say the 69-year-old victim was sitting in her parked car sunday when the suspect reached inside, robbed her, and then gets into his own car to make a get-away but she chases him down and reaches through his window to get her bag back. that's when the suspect speeds off, dragging the woman a few feet before she falls into the middle of the road. she was rushed to the hospital and treated for head injuries. no word yet on an arrest. and maria, i guess folks just aren't putting up with this crime. maria: wow. what was in the purse that she took such a risk to go and try and grab it. >> that's a good question. maria: what video. gerri. thank you. people are so frustrated by all of this. gerri willis. meanwhile, despite new bombshell whistleblower claims that the pre

humana is down 13% this week, and it follows similar commentary from united health which said seniorsnh with a 6.5% drop this week and i-robot surges as uk regulators approve amazon's purchase of the smart vacuum maker. shares are up about 20% on increased deal hopes today over to tyler mathsen now. >> thank you very much here is your cnbc news update. the gunman who opened fire in a pittsburgh synagogue in 2018 found guilty in dozens of charges. the verdict came down after just five hours of deliberation he had pleaded not guilty to 63 federal counts connected to the deadliest anti-semitic attack in u.s. history >>> joe biden announced his pick to take over the cdc today he tapped mandy cohen to fill the spot, which will be vacated by rochelle walensky at the end of the month >>> and the basketball legend michael jordan is selling his majority stake in the nba's charlotte hornets. he will retain minority ownership as part of the deal. the hornets have struggled under jordan's leadership. he's a better player than an owner. making the playoffs just two times, kelly back to you. >> sti

united health leading the index higher only four names are in the red with nike one of the biggest losersthe exchange" is back after this conventional thinking delivers conventional results. at allspring, we break away with purpose. harnessing data-driven insights and boundless curiosity. we dissect the market from every angle. helping to build portfolios that redefine what's possible. because investing isn't one size fits all. allspring. purposefully divergent. there are some things that go better... together. burger and fries... soup and salad. thank you! like your workplace benefits and retirement savings. with voya, considering all your financial choices together... can help you make smarter decisions. for a more confident financial future. hey, a tandem bicycle. you can't do that by yourself. voya. well planned. well invested. well protected. somebody would ask her something and she would just walk right past them, (laughs). 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

united states. we have is a major challenge to a paying for education. we are of a challenge to our health care system. we don't have money right now currently in the united states, but didn't even pay for the citizens that we have homeless veterans were actually kicked out of hotels. what do you say to those that say we don't even have enough money to take care of american citizens right now, or sending billions overseas to other countries? why didn't the more of a call to take care of americans 1st, then take care of other countries as i mean, she might be having american speaking asylum and other countries soon if we keep this up. yeah, i mean i, i think actually we need to look at the global budget. we need to look at the global federal budget. we're spending billions and billions of dollars on a proxy or with russia that is already killed over a $100000.00 ukrainians and displaced millions more. we don't need to be spending that money, but on, on a word it could be as peacefully through negotiation with regard to for an a. i'm actually in agreement that a lot, a lot of it should be co

united health pulling the dow lower. we're expecting a fed decision at 11:00 a.m.and a once exclusive beach on the peninsula is one step closer to becoming a public park. you're going to have to wait until next summer to really enjoy its full >>> good wednesday morning. it is 6:42. let's get you ready for the day, as we take a look at richmond and your forecast as you get ready to step out the door. it's in the mid-50s, cloudy and maybe misting a little bit. we're going to see it clearing up and a very nice day ahead with a mix of sun and clouds and temperatures reaching into the upper 60s here. we'll talk about a slight warming trend for the inland valleys coming up in just a few minutes. >>> and traffic is starting to pick up just a little bit as you're making your way southbound 101 in san rafael around north san pedro road. still a good commute as you're making your way from the north bay into maybe san francisco. we're looking at a ten-minute commute from 580 to the golden gate bridge. what is heavy this morning, typical 37 as you make your way from sonoma bou

they joined united health, the insurer who warned of a big jump in the cost from medical procedures, older americans getting knee replacements and hip replacements. stuart: that's going to cost them. got it. this is a story i like. virgin galactic have a commercial space launch between, wait a minute. they have got a commercial space launch in a couple weeks, right? lauren: yeah, between june 27 and june 30, they look at the weather and everything else. they are going to carry this one is already arranged with researchers on board, but then, in august, that's like real people are going to be going. private citizens. stuart: real people? lauren: yeah, private citizens. you don't need a reason to go other than you want to, and you can afford it. $450,000 per rider. stuart: do you know how many people they can fit into this? lauren: no i don't. i should but i don't. stuart: to make money they have to have a bunch in there. lauren: if you keep doing that every month, and they have a handful of people. they have to start slow. stuart: okay. lauren: i'm sure there's a wait list. i'd go. st

united health says it is already seen an uptick in hip replacements and knee surgeries to treat pickleball related injuries. ubs is estimating that could cost health insurance companies between 250 and 500 million dollars this year. so experts are recommending wearing shoes with the proper grip and also properly stretching before a big match. the next big advancement in cancer treatment could be a vaccine that could be out within the next 5 years. researchers say the treatment will not be a traditional vaccines that prevent disease but shots to shrink tumors and stop cancer from coming back. targets for these experimental treatments include and lung cancer. with gains reported this year for deadly skin cancer, melanoma and also pancreatic cancer. more than ever. scientists are beginning to understand how cancer hides from the body's immune system. they say cancer vaccines like other immunotherapies will boost the patient's immune system to find and kill the cancer cells. still ahead here at 3, how california officials are working to protect schools from cyber criminals. that's afte >> by t

33, 700 and the dow winners i believe there are some dow winners yeah, there are, 3m, verizon, united health and gamble on the upsidel are some dow winners a lot of losers as well, the s&p 500 where are the winners there? topping that list, we have car max, we just reported that, nrg 3m is on the list, crown castle international on the list. not many winners though. the nasdaq composite topped by amazon doing well, mark mahaney just said he liked it and it's going to 150. the stock is up $0.50. constellation energy, monster beverage, netflix all on that list. the 10-year treasury yield, where's that this morning because it has an impact on the nasdaq. in fact that yield is down you're looking at 3.70%. gold, not much movement, 1,943 up nearly 20 bucks. bitcoin still around $30,000 per coin. the price of oil below 70 bucks this morning. we've got it down to $67 a barrel. nat gas also on the downside. here is what we have for you, still ahead. governor desantis running for the presidency. he slammed san francisco in a campaign ad. you saw that. now the mayor, london breed, responding. she says

the dow is misleading today because of united health but we're up a tenth on the s&p and now down .4. think people need to listen to this whole press conference, sometimes it gets interesting toward the end. >> yeah. listen to the very end some interesting questions come along, it is like for fed heads like me, the best one hour of television. >> here is jay powell. thank you, greg. >> thank you >> good afternoon. my colleagues and i remain squarely focused on our dual mandate to provide employment and stable prices for the american people. we understand the hardship that high inflation is causing, and we remain strongly committed to bringing inflation back down to our 2% goal. price stability is the responsibility of the federal reserve. without price stability, the economy doesn't work for anyone. in particular without price stability, we will not achieve a sustained period of strong labor market conditions that benefit all. since early last year, the fomc has significantly tightened the stance of monetary policy. we have raised our policy interest rate by 5 percentage points and co

development of this topic, uh, it must be said that uh heads are healthy in the organization of the united uh health the world organization and the european one. uh, bureau, they're in generally understand. and this is the danger of such a development of the event and the undesirability of this, since in many respects i repeat once again in this area in the fight against infectious diseases the organization relied on the experience of russia. let's hope that in the future this decision will be reviewed, and then we will again continue our active cooperation with the european bureau, and with the world health organization as a whole. yes, let's hope that even despite such decisions, cooperation will be continued. here is another decision of the office of the supreme the un commissioner for human rights was informed about the assumption of the post of special rapporteur on russia, marianna katsarova, this relatively new decision on the establishment was made in october last year, which, in your opinion, will this special rapporteur do. and what can you say? is that specifically marianika tsarrova? wel

bought tesla on wednesday, united health on wednesday, so a lot of those names have made it into ourg. don't do that, that's a big mistake. charles: essentially, put new money to work. >> put new money to work. if you have something in your portfolio that's is still not working and the fundamentals have changed, just get out of it. charles: that's big question though, a lot of folks don't know when the fundamentals have changed. let's just say you're relatively new to the market. let's say you came in three years ago. the first year and a half you killed it. you're not even sure why. everyone on social media says stocks only go up, good. we learned the hard way they don't only go up. you just look at the earnings trends? something real quick you can look at and say, okay, something ooh's not right with this. >> the first thing that i look at, you've got to look at the top line are versus the bottom line. if the top line is growing and the bottom line isn't, that tells you something. charles: right. >> they're focused too much on the top line. a lot of companies have kind of changed t

fact, united health says it's seeing strong demand for things like and hip replacements set out pay center'scenter's and those procedures are contributing to a rise in costs. >> general motors plans to halt the battery recall for some chevy bolt owners. and instead, the company is going to issue a software update to diagnose the faulty high voltage battery modules on those boat models that were made between 2020 2022. gm first issued the recall after some of the volt batteries exploded and caught fire. chevy bolt models made between 2017 in 2019. those should still receive a replacement battery. the others will just get that update. well, pope francis has been discharged now from that hospital in rome where he's been staying says he feels a lot better. >> since he was first hospitalized, the pontiff had some abdominal but 9 days ago to repair a hernia and remove a painful, a scar tissue. the pope is expected to make his traditional sunday noon appearance at saint peter's square to greet the public. and there you see him in the video as leaving the hospital. sure looks a lot happier. >> it's

although i know that the permit to be issued and the person is present and we are the health technical officer of the unit and the monitoring of health performance is here, if a sick animal enters the market with the unit , it must be separated, quarantined for 30 thousand and disinfected, but this is what he said about the birth certificate issuance package now i say i'm not sure, but it flies and asked the colleagues in tehran the reason, get a good dog, buy a dog that can talk to you, it will treat you, right here , mohsen midani wants a vaccine sim card . this gentleman should allow every animal to be added, get a canary, go to the dog , buy and sell the lengths regularly on the side of the road and in bulk. sanitary cotton and in fact the disinfection department of animal health monitoring and quarantine of sick animals it's coming to the market. tobera, dubbing, bad manners, a 60-meter apartment, a german shepherd dog, it's funny, fati, a doberman , you need to be educated in the space you need to think about . how many years old is this animal cartoon? it's growing up, it's very big, usually , i li

insurance stocks also seeing a bounce after last week's weakness united health, elevance all higher.eantime, president biden potentially making a big blunder in california. biden referring to xi jinping as a dictator the remarks coming just over a day after antony blinken wrapped up his first official visit to beijing, saying the countries made progress on their strained relationship the reaction from china, tim, was maybe not surprisingly indignant, to say the least. >> no, and i tell you, i think this is a surprise this was a bit unchained, i would say, by the president, because, i mean, this is not what you do in diplomatic circles. other presidents have had much, i think, more clear examples of the d-word, deke day or the ship, that is, and they haven't used i'm just really surprised, considering the timing of what we had just done we sent or secretary of state. there's an attempt to thaw if you think about the biden administration, there's been three, four times where i think they've gone into kind of, you know, crossed red lines, especially as it relates to the taiwan relations

united health says they've already seen an uptick in hip replacements and knee surgeries to treat pickleball injuries. experts do recommend wearing shoes with proper grip and properly stretching before a pickleball match. well, san francisco could become the first city in the country to mandate all pharmacies, stock, narcan or naloxone. drugs found to help reverse opioid overdoses. city supervisor matt dorsey proposed a requirement at tuesday's board of supervisors meeting that legislation would mandate all retail pharmacies carry at least 2 nasal sprays containing naloxone or narcan. the first 5 months of 2023 are already shaping up to be one of the deadliest years for opioid overdoses. data from the health department shows 346. people have died of an overdose. that's a 40% increase from the same time last year. >> in francis-o are number problem structural probably close to 80% right now are fatal. drug overdoses are trip. you will too. the drug fentanyl. >> the proposed mandate would give pharmacies a 3 day grace period to reorder at least 2 boxes. if they don't have this medication stock

united health adds it is seeing a stronger demand for knee and hip replacements at outpatient senatorsbuting to the rising costs that they're seen. >> well, a successful space walk for nasa to astronauts upgraded the power system on the international space station thursday. steve bowen and woody hoburg installed the 60 by 20 foot solar array. the rays are expected to increase power production there at the station by about 30%. so a big leap in improvement. the spacewalk is said to be the last of 2 planned spacewalks to install the rest of those arrays get on a look at time so 76 right now and coming of the next hour of the kron, 4 morning news. >> some business owners speak out about vandals that have targeting multiple lgbtq+ businesses in the north bay. and another major retailer announces it is closing its flagship store in san francisco. arrest is made for a massive fire that happened in the south bay. and we've got the d - i'm sherry - and i'm john. i'm a pharmacist. as we were starting to age, it's like, well how can we help our cognitive abilities? we saw prevagen. i did read th

united states. we have is a major challenge to a paying for education wherever challenges to our health care system. we don't have money right now currently in the united states, but it's even pay for the citizens that we have homeless veterans we're, we're actually kicked out of hotels. what do you say to those that say we don't even have enough money to take care of american citizens right now, or sending billions overseas to other countries? why didn't the more of a call to take care of americans 1st, then take care of other countries as i mean, she might be having american speaking asylum and other countries soon if we keep this up. yeah, i mean, i think actually we need to look at the global budget. we need to look at the global federal budget. we're spending billions and billions of dollars on a proxy or with russia. it is already killed over a $100000.00 ukrainians and displaced millions more. we don't need to be spending that money, but on unaware that could be any fees fully through negotiation with regard to for an a. i'm actually in agreement that a lot, a lot of it should be caught speci

book but i don't have it on the top of my head about how much it would cost to everybody health care in in the united states. and it's the it's the exact amount of how much we waste in the american health care system. so it's like we have to think about curtailing our waste in order so that we can be more equitable and give people and allow people to have better care access. i appreciated way you wrote it is we are paying somehow. we all pay somehow that all of us are affected by this. whether we can see it most immediately as a crisis in our life on any given day or not and, there's a question i really enjoy asking people like you who clearly really think deeply and think about their work as a vocation, as you've written about. and it is what do we have to risk and a towards the end of the book you use the word re relinquish and you put it side by side with this we are all paying somehow, but we also are sacrificing. we also have to sacrifice the in which it's not fair. we're sacrificing fairness in our system. we're sacrificing equality, we're sacrificing even quality of care because even what i am