david simon, longtime reporter at "the baltimore sun." stay with us. ♪ [music break] am this is democra now!, democracyn.org, the war and peace report. i'm amy goodman. our guest for the hour is the acclaimed television writer, producer, journalist david simon. you like that song? >> i love it. amy: you're doing a new project? >> he was a fan of the american musical of all things, and he came to myself and my wife laura and a writer i work with and he was interested in seeing if their music to be adapted for an american musical -- or should say for a musical. we went to work on it. the draft we currently have sufficient merit at the public up asr they have picked project to work on and try to develop. wire"et's talk about "the about the city of baltimore, your city, which has been has been --"the wire" described as the best show on television, the best television series ever broadcast. usa today called it astounding. it was known for creatively explaining some of the most conflicts prince pulls of capitalism and industry. this is a conv

david simon's latest project is titled, "show me a hero." it is a six-part miniseries now airing on hbo. it looks at what happened in yonkers, new york in the 1980's when the city was faced with a federal court order to build a small number of low-income housing units in the white neighborhoods of his town. >> don't tell anybody, but i always wanted to be the mayor. i use to talk about it all the time growing up. the kids used to call me the mayor. it wasn't a compliment. the city intentionally segregated its housing for 40 years. the whole damn city government is white. >> once to take low-income housing and put it in east yonkers. trying to shove down our throats. >> i live here and i'm nothing like what they describe. >> what are you going to do? >> it's that guy from yonkers asking if you can get any help from the state of new york. ♪ >> these people. >> you wanted to live somewhere better, but everything has a cost. recognize youru failure as a leader. people were angry at you? >> it's all property values and life and liberty. >> unde

david simon: it was not easy that day. you look up and we got this far apart and you are in the middle of a sentence and there is the president of the united states. there is a little moment of where was i? >> i am a huge fan of "the wire." i think it is not only one of the greatest television shows but pieces of art in the last couple of decades. david simon: the opportunity to do it but it's up to advancing probably the most seminal thing that i covered as a reporter and that i have written about in television witches and in the drug war and ending this level of incarceration. >> what do you think about the future of television and her place in it? are you someone who watches it at all avidly or take interest in other things? have to invoke the image of the wandering jew. you never know when it will go south on you. that is for my heritage. some point, i expect someone to come to me and say, we looked at your ratings and we have let you go a long time, but you have not had a hit, kid. >> you still feel that way? david; y

the creator of hbo's "show me a hero," writer david simon. featuring the 8g band with fred armisen. ♪ [ cheers and applause ] ladies and gentlemen, seth meyers! >> seth: good evening. what's up guys. this is "late night." how is everybody doing tonight? [ cheers and applause ] all right. in that case let's get to the news. donald trump gave a speech yesterday where he accused jeb bush and hillary clinton as being under the control of lobbyists, special interests and deep pocketed donors. trump says we should vote for him because he is not under control at all. [ laughter ] despite no longer working for donald trump, former campaign strategist roger stone said today that he still fully supports his former boss at which point trump said, "okay, cut him down." [ laughter ] "i knew you would come around to our way of thinking." speaking of trump, he gave a speech yesterday where he said this. >> jeb bush or hillary or one of these politicians, all talk, no action. all controlled by lobbyists and special interest and donors. people like me from

my thanks to kristen wiig, tituss burgess, david simon. and of course the 8g band. stay tuned for carson daly. we'll see you tomorrow. [ cheers and applause ] >> carson: what's happening, everybody? i'm carson daly here to guide you through another fine night of "last all." i hope you're well. we're at the skyroom for the show, and here's what we got for you. the music is young rising sons. we'll do that from the troubadour. and our spotlight tonight is juliano ribeiro salgado and his oscar-nominated doc, "the salt of the earth." but first, jesse metcalfe became a household name thanks to his work on shows like "desperate housewives", of course, and others. now, you can catch him in the zombie horror flick, "dead rising: watchtower." let's head over to butchers & barbers for more. >> you want to see the poster? >> hell, yeah. >> all right. here it is. this right here is the reason why i wanted to be a part of this project, this badass poster. where, actually, somebody on social media sent me a message saying, "it looks like you're smelling a dirty diaper." and i res

enstar producer david simon is miniseriesnew p for eac hbo. all of that and much more coming up on bloomberg market day. as california battles a record-breaking drought, los unusualhas found an solution. small plastic balls that slows evaporation and the growth of our -- algae. they will prevent 300 million gallons of water from evaporating. worked with him and joins us in los angeles. .i for joining us -- thank you for joining us. we described them as the size of an apple. can you give us more detail? what are they made of? do not want with you? >> they are a four-inch diameter ball made of the stick. they are made of high density polyethylene, the same you would find in a gallon the junk. does not break apart in the sun. original ones we had were filled with air and they floated under the surface. this is a windy area we did not let them flying out and hitting the drivers. they are filled with water so they of the weight of the water to hold them in place. scarlet: the original balls were hollow i did not have water and this began in novembe

erik: david simon's show may touching her. matt: yonkers is a very big and spread out place and this show is about a very read-out part of -- specific part of yonkers, a part which is in pretty serious economic ruin. >> it was 80% white and now it is a majority of immigrants. it has changed. matt: regardless of the racial makeup, it is a horrible place. economically. with very bad infrastructure problems and a lot of crime, better education. it has not turned out well. >> you elect to live there. [laughter] erik: this is going to come across sounding like a cross question. i'm curious whether you talked to david simon about whether incidents like ferguson and michael brown or eric garner in new york city and the emotions that those -- that they provoke make content-based around race relations good business. >> we did not talk about that. he has a platform where he can comment on what is going on since he did "the wire" and people will listen to him. he is very cognizant of how they affect businesses in these communities. he ha

david simon created it. here is the trailer for show me a hero. [video clip] don't tell me -- don't tell anyone but i always wanted to be the man. he used to talk about it all of the time. kids used to call me the mayor. more than a compliment. the city intentionally segregated housing for 40 years. >> the whole government is white. he wants to take low income housing and put it in east yonkers. i live here. i am nothing like what they describe. >> what are you going to do? is that guy from yonkers again asking if he can get any help from the state of new york. ♪ >> what is the matter with these people? somewhereted to live but everything has a cost. recognizedme you your failure as a leader. >> you want to live where people are angry with you? >> you know, it is all property values, underneath it all it is fear. >> quite a year for you mr. mayor. >> justice is not about popularity. no, it is not. but politics is. ♪ charlie: he has done it again. i am pleased to have both david simon and oscar isaac back at this table. who is the mayor? itid:

david simon created it. here is the trailer for show me a hero. >> don't tell anyone but i always wanted to be the man. i used to talk about it all of the time. kids used to call me the mayor. not a compliment. the city intentionally segregated housing for 40 years. the whole government is white. >> he wants to take low income housing and put it in east yonkers. >> i live here. i am nothing like what they describe. >> what are you going to do? >> it is that guy from yonkers again asking if he can get any help from the state of new york. >> what is the matter with these people? >> you wanted to live somewhere but everything has a cost. >> it is time you recognized your failure as a leader. >> you want to live where people are angry with you? >> you know, it is all property values, underneath it all it is fear. >> quite a year for you mr. mayor. >> justice is not about popularity. >> no, it is not. but politics is. charlie: he has done it again. i am pleased to have both david simon and oscar isaac back at thi

david: i was eager to talk to david simon as a fan of "the wire." mentioned, public housing, desegregation, not the stuff you think of lending itself to gate -- to great tv drama. it does work. he has such a great perspective on the state of american cities. one of the things we talked about was race. i have a clip about him talking about how we couch our feelings inut frace -- about race economics. david: as a country most of us now know you can't sling around racial epithets. those things won't play. so we have a vernacular that allows us to play the same games. now eight is all about personal freedom and liberty and my property values and not in my backyard-ism. what it comes down to is fear. david: this story is about a federal judge in yonkers in the late 1980's. you have to build x amount of housing in yonkers on the white side of town. in played out over 20 years. "thei follow peter -- with chicago tribune" who is 20 -something and ducks five nights a week in the gun wars of chicago. this a research, is national issue or is it discrete to fou

it was with david simon, i said yes. send me a news script and we'll talk about it. >> you said that why? >> some of the greatest of all time. when i was in the valley and he was doing another, so, we have been together for a long time. >> what kind of stories do you want to tell? >> i prefer that it contribute to the argument. i think there are arguments we need to have in this country. they need to be brought forward. so, it's nice to be entertaining. at some point, that's all you are doing, then i feel like shame on me. >> this subject matter is difficult for a lot of americans to discuss. so, going to hbo about this idea, how hard is it to sell? >> well, we actually auctioned the book 14 years ago. the reason they kept renewing the option, even when other projects got in front of it was sadly the ratio dynamic because we have a hard time talking about it and we failed to address it. it remains constant. it's as relevant today as when we got the book. you hoped it wouldn't be. >> it continues to exist. >> and we haven

it's created by david simon. tell us all what it's about a ttle bit. 'cause it is a slightly dense subject matter. >> yes. well, it's about -- okay. all right. [ laughter ] it's about yonkers, about this real thing that happened, it's a true story, it happened in yonkers. started in the '80s when a federal judge ordered 200 units of low income housing to be built in this affluent white, middle class neighborhoods, and what that ignited in the residents, which was absolutely insanity, and it just sort of -- i mean literally, people took to the streets and -- you know. >> set and it's fairly recent history, it's late '80s. >> yeah. the case didn't end until 2007. >> seth: wow. that's -- i didn't -- >> yeah. >> seth: i'm only an episode in. so, you know, spoiler alert. [ laughter ] >> i know. sorry. my news is a mini-series. but it's actually -- you know it's about integration in a place where they just didn't want, you know, the residents didn't want it. but it follows the lives of people, different people living on differentl.ides of it and real people

it's created by david simon. tell us all what it's about a little bit. 'cause it is a slightly dense subject matter. >> yes. well, it's about -- okay. all right. [ laughter ] it's about yonkers, about this real thing that happened, it's a true story, it happened in yonkers. started in the '80s when a federal judge ordered 200 units of low income housing to be built in this affluent white, middle class neighborhoods, and what that ignited in the residents, which was absolutely insanity, and it just sort of -- i mean literally, people took to the streets and -- you know. >> seth: and it's fairly recent history, it's late '80s. >> yeah. the case didn't end until 2007. >> seth: wow. that's -- i didn't -- >> yeah. >> seth: i'm only an episode in. so, you know, spoiler alert. [ laughter ] >> i know. sorry. my news is a mini-series. but it's actually -- you know it's about integration in a place where they just didn't want, you know, the residents didn't want it. but it follows the lives of people, different people living on different sides of it and real peopl

it was with david simon, i said yes. send me a script and we'll talk about it. >> you said that why? >> i've admired his work forever. when i was in the valley and he was doing another, so, we have been together for a long time. >> what kind of stories do you want to tell? >> i prefer that it contribute to the argument. i think there are arguments we need to have in this country. they need to be brought forward. so, it's nice to be entertaining. at some point, that's all you are doing, then i feel like shame on me. >> this subject matter is difficult for a lot of americans to discuss. so, going to hbo about this idea, how hard is it to sell? >> well, we actually optioned the book 14 years ago. the reason they kept renewing the option, even when other projects got in front of it was sadly the ratio dynamic because we have a hard time talking about it and we failed to address it. it remains constant. it's as relevant today as when we optioned the book. you hoped it wouldn't be. >> it continues to exist. >> and we haven't s

i'm a fan of david simon's work, going back to "the wire. "he focused on the glover case and eludessed to the danziger case a few time. he captured the culture of new orleans, the great city it is and the craziness and also whats occurs in that city. >> i think we have sadly come to the end of a wonderful event. thank you so much for coming. books are available up front. ronnie will be happy to sign. i appreciate it. [applause] >> be kind enough to fold up your chairs. [inaudible conversations] >> most folks remember hit as great foreign policy president, and he was. but beyond that, george herbert walker bush passed more domestic legislation and more significant domestic legislation than any president since lyndon johnson or franklin roosevelt. it's amazing that a lot of people almost don't realize the breadth and depth of his domestic achievements and that's one of the reasons i felt it would be good to put all of that in one place, "the quiet man. "if there are three or four thing i'd like you to take away after reading the book, one woul

. >> rose: also this evening a nurx hbo series called show me a hero that is produced by david simon and stars oscar isaac. >> you're going from only 0 to 60. and you are going from the youngest mayor in america at the time of a big city to almost political pariah in his own town. and that to me is-- the lone- liness that i felt watching you do those scenes. >> lesley odom, jr., david sigh son-- sigh upon and oscar isaac when we continue. >> funding for charl-year rose is provided by americ >> rose: funding for "charlie rose" has been provided by: >> rose: additional funding provided by: >> and by bloomberg, a provider of multimedia news and information services worldwide. ♪ we going to rise up ♪ we going to rise up ♪ rise up ♪ time to take a shot ♪ ♪ rise up rise up ♪ take to tame a shot ♪ rise up ♪ take a shot ♪ take a shot take a shot ♪ not throwing away my stuff ♪ ♪ not throwing away my stuff ♪ ♪. >> rose: less yee odom, jr. is-- lessie odom, jr. is here, an actor, a singer, currently part of the most popular talked about show on broadway hamilton. h

we will speak with producer david simon. pimm: good afternoon. i am pimm fox. betty: it is friday. i am betty liu and let's take a look at how the markets are trading. a weekly game for the s&p 500 but a volatile week so far. we take a look at where the s&p 500 was

also with us, senior editor at "the federalist," david simon. jeff, this was a quick mention by donald trump but perhaps the most important thing he laid out today ands that that he will announce details of his immigration plan tomorrow morning. the first specifics we will hear. >> reporter: right. that is what he said. he said he would announce his immigration proposals. immigration is one of the things that has thrust donald trump in the spotlight on the republican side. a lot of the controversy he generated at the very beginning actually resonated with a lot of voters across the country, certainly here in iowa and other early voting states. he says we'll hear from specifics tomorrow morning during his interview on "meet the press." but people here just wanted to see him. he appeared as much more of a celebrity than a caucus candidate. so he has to convince people he's a serious candidate. that's why he's doing policy proposals starting tomorrow. >> you have a very engaged electorate in iowa. the voters that want specifics. maybe there's the i

. >> and he was in the casting session with david simon who's the creator. and he heard right before i came in for my final callback for the hbo taping testing that i had asked the casting assistant for her phone number. >> seth: okay. >> who's also a lovely actress now in her own right, named jennifer lafleur. >> seth: oh, okay, gotcha. >> any how -- hi, jen. >> seth: all right. >> so, you know, i guess he was -- he was very impressed with my -- >> seth: did you just think you were someone who wow, this guy's not nervous at all if he's asking for a number right before he's -- >> that may have been it, yeah like, just throw it all out there and try and get a date instead of a job. >> seth: there ya go. i like it. [ laughter ] and then you ended up getting the job. >> sort of stupid, but here i am. >> seth: it worked out. and then, you know, obviously no reflection on you, but then you were on "svu." you played a serial rapist. >> no reflection at all. [ laughter ] >> seth: you -- you're pornstache. so it's so nice, i have to say, like, watching "the brink,"

sure enough, you get that knock on your trailer from david simon. he's like, "mike, look. i love you, all right? everybody on the cast loves you. the fans, they love you. that's why we've got to kill you." >> seth: oh, no. [ laughter ] >> i thought my career was over. at that age, you know, i kind of, like, grew up around these guys, all these veteran actors and stuff like that. >> seth: how old were you in your first year? >> i was like 14? >> seth: god, man, that's crazy. >> i was, like, 13, 14 right around that time. >> seth: got ya. i felt like my career was over. they were like, "no mike. you'll be fine. you're gonna do other things." i'm like -- [ sobbing ] "how do you know that? you don't know!" [ laughter ] but i guess they knew something i didn't. so it was cool. >> seth: are you prepared now -- has this happened yet? being in one of these marvel comic-book movies? obviously "the wire" and, you know, "friday night lights" -- you weren't taking over something that existed before. have people already approached you about their own emotional connections to the "fanta

. >> david simon and the ark of the show said we have a problem of drug consumption in the country and not something to blame on people trapped in the communities. does this show have that kind of view? >> absolutely. i mean, there's -- you know, we're a country that incarcerates a staggering amount of people for non-violent crimes and there's no rehabilitation. so hopefully a conversation is just going to be started from this. i mean, there's people in these farms just trying to make a living who's just trying to have running water or shelter. minimal things to survive and on the other side of the coin is this sort of massive problem that's making itself into an industry. >> right. yeah. boyd, the star of "narcos", thanks for being here. >> thank you for having me. >> i'm ari melber. the news is next on politics and more on the verdict in the closely watched prep school rape trial that's straight ahead. american express for travel and entertainment worldwide. just show them this - the american express card. don't leave home without it! and someday, i may even use it on the moon. it's

the creator of hbo's "show me a hero," writer david simon. featuring the 8g band with fred armisen. [ cheers and applause ] ladies and gentlemen, seth meyers! >> seth: good evening. what's up guys. this is "late night." how is everybody doing tonight? [ cheers and applause ] all right. in that case let's get to the news. donald trump gave a speech yesterday where he accused jeb bush and hillary clinton as being under the control of lobbyists, special interests and deep pocketed donors. trump says we should vote for him because he is not under control at all. [ laughter ] despite no longer working for donald trump, former campaign strategist roger stone said today that he still fully supports his former boss at which point trump said, "okay, cut him down." [ laughter ] "i knew you would come around to our way of thinking." speaking of trump, he gave a speech yesterday where he said this. >> jeb bush or hillary or one of these politicians, all talk, no action. all controlled by lobbyists and special interest and donors. people like me from prev

the creator of hbo's "show me a hero," writer david simon. featuring the 8g band with fred armisen. ♪ [ cheers and applause ] ladies and gentlemen, seth meyers! >> seth: good evening. what's up guys. this is "late night." how is everybody doing tonight? [ cheers and applause ] all right. in that case let's get to the news. donald trump gave a speech yesterday where he accused jeb bush and hillary clinton as being under the control of lobbyists, special interests and deep pocketed donors. trump says we should vote for him because he is not under control at all. [ laughter ]

the creator of hbo's "show me a hero," writer david simon. featuring the 8g band with fred armisen. ♪ [ cheers and applause ] ladies and gentlemen, seth meyers! >> seth: good evening. what's up guys. this is "late night." how is everybody doing tonight? [ cheers and applause ] all right. in that case let's get to the news. donald trump gave a speech yesterday where he accused jeb bush and hillary clinton as being under the control of lobbyists, special interests and deep pocketed donors.

. >> "show me a hero", written by david simon who's one of the best writers in televison. >> jimmy: i mean "the wire"! >> yeah, "the wire." and paul haggis, of course, a a great -- >> jimmy: "crash." >> academy award director. >> jimmy: he's an amazing director. >> great cast. >> jimmy: oscar isaac, who's my man. >> he nails this role. >> jimmy: did you see "ex machina"? >> he was -- he's crazy good. >> jimmy: i thought it was "ex machina." [ laughter ] no, "ex machina." he's fantastic. >> winona ryder's in it. some great cast members. >> jimmy: anyways, people are going to dive into it, get into it. set in a small town -- >> yonkers. [ scattered cheers ] it's a true story that happened in the early '80s. >> jimmy: there you go. [ laughter ] you'll remember. >> there's one yonkers. [ laughter ] >> jimmy: yeah, yeah, yeah. they multiply during the night. by the ned of the night, there's gonna be two yonkers. >> and then they become honkers. >> jimmy: it gets really crazy. yeah, it gets crazy after a a while. >> it's a true story that happened in the mid '80s, about how yonkers was sued

this is from writer and producer david simon who also wrote the critically acclaimed and fantastic series the wire. >>> this weekend thousands of disney fans gathered in anaheim california for d23. the convention is sort of the comic-con of disney. fans are getting a glimpse of disney's upcoming movies and projects. >> these cramped corridors are a far cry from any disney palace. these fans don't need the royal treatment. they're here in anaheim for one reason only. >> all for disney, d23. >> it's an expo at the anaheim convention center of all things disney, past, present and future. the massive event is held once every two years for these fans it's well worth the wait. >> we've been in this line since about 9:30 p.m. last night so we could be the first one to go in the door. >> since about 3:00 this morning. >> but despite the lack of sleep, the long lines and crowds, fans were just eager to get inside. >> so not only are these fans getting to check out their favorite characters and favorite disney movies, they are also feting a preview -- getting a preview of some of the upcoming movie

i'm carl quintanilla with simon hobbs and david faber at the new york stock exchange. dow is up about 7 points. we're keeping our eye on a lot of earnings. oil managing a bit of a bounceback. back above $46. >> let's get to rick for factory orders in chicago. rick? >> reporter: yes. thank you, simon. it's the june read. factory orders were june were up 1.8. nailed expectations right down to the last decimal point. last month revised from one originally reported. may, it is now down 1.2. the new thing is transportation that becomes the new core. that's up.5. up .5 is the best read on the core that we've had in a while. it's the best read back to february of '14. the headline number as long as it was at 1.8 isn't the best read. march holding at up 2.2. take a look at the ten-year note 2.17. back to you. >>> so oil prices certainly have managed to bounce back after yesterday's steep decline. but the sheer scale of the washout across commodities is astounding. it's the ten-year show starts the index falling below the level it reached in early 2009. the cre index is a baske

i'm carl quintanilla with david faber, and simon hobbs. jim is off today. the jobs number electrical perfectly in line. a solid 215,000 unemployment at 5.3%. does it mean we're on track for a september rate hike? we'll get to that and more. a ten-year around 2.22. oil continues to lag under $45 a barrel. the jobs number, more market reaction. >> plus on media week selloff, subscriber losses, advertiser declines weighing on companies. >> and the morning after we'll recap the gop's best debate moments last night, the big winners and the losers. >> first up, the jobs number. the u.s. economy added 215,000 jobs in that month. unemployment remains unchanged at 5.3%. we've been watching wage growth average hourly earnings up by five cents. that's about 2.1 on the year. just a smidge below the estimates. the unemployment rates, 5.261% is not far from being rounded down to 5.2%. >> coming into this, i think a lot of, you have this core set of economists saying you don't need a strong number. you need a weak one to put it back. the interesting question for the next

i'm carl quintanilla with sarah eisen and simon hobbs. david faber is off today. another tough day for the markets. the dow down 200 points. hanging on now to a 17 handle. we haven't had a 16 handle on the dow since last october. oil is managing to put a couple green arrows on the board. let's get to rick santelli with breaking economic news. rick? >> if we look at the most contemporary, the august read for the philly fed index and that is 8.3. how does 8.3 fit in? the high of the year was 15.2 in june. the lower the year was 5 exactly in march. you could see it kind of fits right in between those levels. if we look at some of the internals, we have philly fed new orders. actually moved down a bit from i believe it was 7.1 to a bit under 6. 5.8. if you look at employment, i know it is after employment. it is still important. 5.3. a much-improved from a slightly negative number. minus 4. let's go to leading economic indicators. here is the surprise. that's only the second negative number of the year. minus .02 which equalled this, was in the second month of februar

i'm carl quintanilla with sara eisen, simon hobbs, david faber at the new york stock exchange. it looks like a repeat of yesterday. the question is whether the similarities last into the close when we had the massive collapse on tuesday. for now the dow is up 310. all the components in the green. watching oil and bonds closely as crude has dipped into the red. >> let's get to the road map. while the market rallies, investors are looking for any clues about a possible interest rate hike. we'll hear from bull dudlill dua moment. >> only two sectors are positive. we will pick through the big names in consumer discretionary. >> and netflix going up from 125. >> goldman sachs head of commodity will join us with his take on the big move in oil. >> now, to new york fed president bill dudley speaking now. investors are close cannily watchi -- watching everything they say. joining us now, our senior economics reporter steve liesman. what can you tell us? >> reporter: simon, thanks very much. bill dudley in the written remarks that he's reading right now makes comments only on the area i

i'm carl quintanilla with sara eisen and simon hobbs. david faber is off today. a tough morning for the markets. down 165 with virtually every component in the red. the smallest rise of the year, a lot of discussion about the fed minutes which will come out at 2 p.m. >> a big day. target out with a big beat this morning. the hi >> fed minutes coming in in a few minutes. saying raising rates would be a mistake. we'll talk to the former president of the cleveland fed about that. >> and a wild session in china weighing on stocks at home. we'll tell you how to invest around that today. >> target is clearly the standout gainer on the s&p 500 this morning. in a market that's otherwise down. down 155 points now on the dow. the big box retailer both beating earnings expectations and lifting its profit outlook for the full year. we have a senior retail analyst. good morning. >> good to be here. >> if it's true they've got their mo joe back on their key categories, wellness and kids, how have they done that and got themselves into this position? >> you know, it's really ab

i'm carl quintanilla along with kelly evans, david faber at and simon hobbs at the new york stock exchange. a lot choinggoing on. the weakest in four months. exxon below 48. red arrows on your screen. we'll keep an eye on it. >> let's get to our road map. >> barnes & noble beginning regular trading. the company battling steep losses. the executive chairman of barnes & noble education will join us here for a first on cnbc interview. >> and president obama taking on climate change with the new clean power plan. the white house senior advisory overseeing that will talk to us live. >> and it's a big month for auto sales. chrysler and nissan reporting a big gain. we'll break down the numbers. >> first let's go to rick santelli santelli. the ise was released early. >> reporter: construction spending hit their time mark. they came out at 10 eastern. they came out 110. that's the smallest month over month change since january, equaling january up one tenth. you have to go back to november to find a smaller month over month change. there is a bit of bright news in the rear-view mirror. up 1.8 is no

i'm carl quintanilla with david faber, and simon hobbs. jim is off today. the jobs number electrical perfectly in line. a solid 215,000 unemployment at 5.3%. does it mean we're on track for a september rate hike? we'll get to that and more. a ten-year around 2.22. oil continues to lag under $45 a

come on, david. don't give us that. >> simon, you're a good man. earnings estimates are bottoming. that is the key. earnings estimates are bottoming. europe has cheap valuations. they have quantitative easing and europe is a net importer of oil. these lower oil prices help europe. you want to stay with europe. >> good news is there is more darst after this break. as art cashin indicated, there is still 300 million to sell on the close. >> one quick break. we'll come right back. >> john hofmeister will weigh in on these massive swings in crude. the reserve bank of india's governor will be with us. raghuram rajan. in the us, three in ten college students drop out. but how can you spot who's at risk? the one who lives far from campus? the one who works the night shift? the one with new responsibilities? one thing can't tell you, but the right combination can. universities are using ibm analytics to understand pressures in and out of the classroom- some expect to cut dropout rates by twenty-five percent. ibm analytics is working to make education smarter every day. so you're a small bu

simon mcgregor-wood reports from folks second in the u.k. where demonstrators -- folks tonne clashed. >> reporter: it came from folkstown united a resident group campaigning for the migrants trying to reach the u.k. saying the channel tunnel authorities have to do more to save migrant lives, in particular the lives of those trying to get through the tunnel by clinging to cars and trucks. nine have died since june. >> there are a lot of people that felt the way i do which is that migration is a force for good and we need to treat fellow human being with respect. there needs to be an initiative that sets up properly managed refugee camps, where people can be fully fed and properly processed rather than left to live like animals in the jungle. >> reporter: a few yards away protesters with a different view. the english defense league and britain first are opposed to immigration of any kind. noisy, and with the usual symbols of english nationalism. but with an argument resonating with some. >> we have enough here at the moment. our country is on

i'm carl quintanilla with simon hobbs and david faber at the new york stock exchange. the down down almost 100 points. disney by far the worst performing, fox, 10%, tesla down as well. watching that closely, oil, remains below 45. risks are still to the down side. planet fitness just opened down about 7%. we're going to have the ceo later this morning. this is what is ahead for the next 60 minutes on "squawk on the street." >> tesla lowering guidance for this year. that is sending the stock down sharply. find out what you are doing. republican presidential hopefuls facing off tonight for the first time. we'll get a preview of what to expect. keurig green mountain announcing weak sales. what the ceo has to say about the company's weak quarter. >>> tesla's losses nearly tripled in financial terms in the second quarter. it has hit a speed bump. it said it wouldn't deliver or sell as many cars as people had expected. ceo, elon musk addressed how the company needs to raids more cash to offset increasing costs. >> we do think it is going to be quite a challenging production

i'm carl quintanilla with kelly evans, simon hobbs, and david faber. what a morning. whether it's disney with one of the biggest drops since the financial crisis. the dow hanging onto an almost 60 point gain. >> we have breaking news into the mix from rick santelli on ism services. >> sometimes there's a debate as to whether numbers are good or bad. there's no debate here. our july read on nonmanufacturing ism, reaches the 60 hands. that's right. you know how long it's been since we were above 60? pretty close to ten years. august of '05 comps on this where it was a little over 61. it's a powerful number if you put a lot of credence in your strategy regarding the respondent's view of the world. if we look at new orders, 63 .8 versus 68.3. and the component leaped almost to 59.6. all in all, this piece of data was a solid piece of data and what are the markets doing? well, i could tell you one thing, interest rates are moving up a bit. we're getting ever closer to a 2.30 yield. yesterday and the day before the debate was whether we were going to see 2%. things are rock

i'm david faber along with sarah and simon. let's give you a look at the markets rebounding from the thrashing they took earlier. we are almost back to flat on the s&p. off the highs, check out oil. it's down at the bottom right, if you will, of the screen. >> thrashing is a good word. >> after that better gdp report, let's see what housing looks like. diana olick, breaking news on pending home sales. >> pending home sales up. 0.5 percent in july from june. call it flat but june's number was upwardly revised. we are still up 7.4% from a year ago on the pending home sales index from the national association of realtors. this represents signed contracts in july, out in open houses and making that decision to sign in july. these are not closings. they only slipped in june. the street was looking for 1% higher. kind of a miss on that unwith. mortgage rates did ease in july. we were expecting that we might see a surge in pending home sales. again, kind of flat. the northeast really pushed things higher. up 4% month to month. the wes

thank you, david. >> yeah. let me say two things. one is, joel simon, a friend of everybody up here, i recently read a new book about all these issues called "the new censorship" and the important thing about this is, that's what this is. this is censorship. this is a civil rights issue. this is a human rights issue. this is not only about journalists being killed, kidnapped and harmed. it's about you and all of us not getting information we're entitled because because censorship is not about the speaker's right, it's about the listener's to receive a message. we have to think about it like that. when we think about civil rights struggles. we need to raise awareness. we need to bring lawsuits and stop impunity in places where those lawsuits will work. those suits then become a beacon to show people that it's wrong for governments to turn their back on their own journalists or not punish those who harm journalists. so, i think awareness is the first piece here that's really important. to think about it as your rights to -- your right

i'm david faber. now along with sara eisen and simon hobbs. we're live at the new york stock exchange. carl quintanilla has the day off. let's give you a look at the markets this morning. of course, after quite a week, you can see things have quieted quite a bit. but the s&p, i'm going to almost call it flat. the dow is down ever so slightly. crude was up dramatically yesterday. 10% move, and it's adding a bit. you can see the nasdaq ever so slightly in positive territory. >> let's send it to tjm institutional services for breaking news. >> our second round of consumer data today. we have the michigan sentiment number, and it's not good. we were expecting 93. we got 91.9 from last month's 92.9. the current condition index is 105.1 which is also a bit of a disappointment. last time it was 107.1. the stock market had been staging a decent rally coming into this number, and it's lost a few ticks. the s&p futures are down 8. what strikes me as interesting is in times of high volatility, good news is good news, and bad news is bad news. from a mark

thank you, david. >> yeah. let me say two things. one is, joel simon, who is a friend of everybody up here, recent sli wrote a new book about the issues called the new censorship. and the important thing about that, that is what this is. this is censorship. this is a civil rights and human rights issue. this is not only about journalists being killed or kidnapped and harmed, it is about you and all of us not getting information we're entitled to because censorship is not about the speaker's right, it is about the listeners' right to receive a message. we have to think about it that way. when we think about great civil rights struggles, we need to raise awareness and bring lawsuits and stop impunity in places where the lawsuits will work. the suits become a beacon to show people it is wrong for governments to turn their back on their own journalists. and so awareness is the first piece that is really important and think about it as your right to receive information, your right to know what is going on, not merely our right to publish