emily: caroline, you are so kind to say my name in the same sentence as mark zuckerberg and bill gates. the city has been focused on building innovative hubs. what have you seen? caroline: it blows my mind. it is the lifeblood of boston, too. one third of all of the growth state product, all the money that massachusetts makes comes from tech, notably, about half of the payrolls across massachusetts are in tech and biotech. clearly, amazing statistics. emily: caroline hyde in boston with a big week a special coverage next week. think so much, caroline. we will be seeing you all week long. have a great weekend. do not forget to catch special coverage of boston 5:00 p.m. eastern. of course, we are live streaming on twitter. have a wonderful weekend, everyone. see you next week. ♪ announcer: the following is a paid program. the opinions expressed do not best theloomberg opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees. >> take a look at this blemish. now you see it, now you don't. >> it is amazing. --see these eight spots? this age spot?

the main event, warren buffett, his vice-chair, charlie monger, bill gates, who is a board member, the richest minds joining me live on "countdown." between those three guys we have close to a trillion dollars in net worth. maybe even closer. monday, 3:00 p.m. eastern right here on "countdown." >>> we have breaking news in the ongoing bidding war for the miami marlins. jeb bush and derek jeter, last we checked in with charlie gasparino, they had a big chunk of money they had to find to put up enough to afford the team. charlie says he has more details live from the milken conference in beverly hills with details. what is happening, charlie? >> bankers for jeb and jeter, led by greg fleming the former number two at morgan stanley. he is leading banking effort to raise money, as much as a billion dollars so the team of jeb bush and derek jeter can buy the miami marlins. what they are telling people they are increasingly optimistic they would get the money. as we've been reporting in the past, frequently on foxbusiness.com, they thought it was an uphill battle that they would need a lot o

emily: bill gates has proposed that governments should task robot workers just like they tax human workers. what do you think of that? >> i think there's definitely an interesting discussion to be had. i think there's a time and place for this discussion. right now we are still in the phase of experimentation. we spoke to congress about not putting too many roadblocks into the cities, into communities so that we can at least explore the impact. it allows us to have some data and have deep analysis. then once we understand the impact and how we can augment and use robots in our cities, we can have a discussion if we need to find a way to tax them or do anything else to protect the workforce we have today. i think we should agree that we need to appreciate and bear hug the future. emily: there's a question about whether the postmates model can scale. can you get a concrete number that shows progress? >> i think it is scaled well. these are external questions. these are obviously not questions we ask ourselves. we are doing over 2 million deliveries per month. this year, we will move $1 billi

sit in line with warren buffett, his vice chair charlie munger and bill gates, cofounder of microsoft. you won't want to miss it. i'll see you then. back to you in new york. cheryl: will see 3:00 p.m. eastern time. nicole: that the senior meteorologist jim is deemed is standing by with your forecast. in sports, lebron james and the cleveland cavaliers beat the toronto raptors in a marathon game. baseball communicates the 18 innings against the chicago cubs. did you stay up past 2:00 a.m. to see what happens? we'll have all the highlights. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ you can talk to through legalzoom. don't let unanswered legal questions hold you up, because we're here, we're here, and we've got your back. legalzoom. legal help is here. cheryl: time now for sports. clearly the the cavaliers continued a scene of the the playoffs to the team going for second straight sweep with the raptors. he sprained left ankle fourth quarter on the combat. a jumper and is followed by kevin love. raptors go up one. four minutes left. pirate irvin

gates to oprah winfrey. it resulted in millions of dollars in donations, funding important research on a-l-s. but now, the man behind the ice bucket challenge is facing his own financial hurdles. reporter paul burton explains. he's credited with raising more than $250 million dollars in the ice bucket challenge to help find a cure for als.now 32 year old pete frates who is still fighting for his life... is also fighting to stay with his family at home.john frates / pete's father: "and we're running anywhere between 85 and 90 thousand dollars a month."reporter: "is the frates family broke because of this?"john frates / pete's father: "any family would be broke because of this."the frates family speaks candidly about the overwhelming 24 hour home-care cost burden to take care of pete.he's on life support at home... his bedroom turned into an i-c-u.... with his daughter and wife by his side. "who's that? daddy."that smile on pete's is what gives him the will to keep fighting. the thought of putting him into a f

gates and warren buffet. melissa: returning to arena. hillary clinton reportedly planning to launch a new political group aimed at funding organizations to work against the trump administration. what a great idea. here is hadley heathnning, in women's foreign senator policy analyst, hadley, what do you think about this, that is the goal? >> good for clinton i guess, but i don't think it is good for democrats to frame our divide as clinton versus trump. that did not work so well in the election, she continues to be a leader on the left, you have to wonder where are fresh voices? new leadership to reframe those debates. melissa: right, blake is here as well, a democratic strategist. i mean, i heard someone say earlier that, why did clintons continue to inflict themselves on democratic party, she has been turned away twice, it time to get out of the way, let new blood come in. >> i think that criticism is fair. i think that this has a feeling of a bit too soon. i think for several democrats, it is head scratchin

bill gates and matt damon and robert frost and william randolph hurst. the world's leading drum maker is showing off a new inexpensive drone you can control with the wave of your hand. it's called the spark. a flying camera. it recognizes you, follows you relatively the. dlaurs 400 to $500. just give it hand signals. you want to take a picture, do that. land do this. pretty cool. >> i have a chance of maybe piloting that one because the other one is way too tough. >>> facebook reportedly signed deals with buzz deal and others to make shows. it will feature long and short full contents with commercial breaks. they plan two tiers of content. scripted shows of 20 to 30 minute episodes and shorter scripted and unscripted shows of five to ten minute episodes. >> this feels like an episode of the flint stones. you've seen this house. it's called the flintstone house along interstate 280 in hillsborough. it sticks out like a sore thumb. it finally has a new owner. and we are trying to find out who that might be. it's not fred and wilma. mid-1970s property went

where -- >> what do you think -- when you heard bill gates can self-say not only that he buys into the idea you're trying to debunk but that we have to tax robots, i mean, that -- i was alarm. what do you think? >> well, it was just like a silliest idea ever heard. i'm curious whether we add that idea while he ran micrmicrosoft. tax automation, stability of software, algorithms, machine taking place of human beings. isn't that why human welfare advanced over 100 years? do you want to go back to using ox and plows to make our food so half of us work on farms? we don't want that. the same nowadays. robots are not destroying job, and it's tongue in check, because if you look across the entire economy, productivity growth, where you look to see automation improving output, it's not there, manufacturing, productivity growth is zero. sector after sector, clear message is we have not gone far enough with automation. kelly, where it's obvious is in the fastest growing sectors like education, health care, like leisure and hospitality, and these are areas that really are resistant to automation.

i will ask bill gates. you must like that, the tack rate. neil: the political stuff often comes up, and they are always polite dealing with this, very clear warren buffett likes hillary clinton. he is not a big fan of this latest health version that republicans are turning out. when you, does he try to avoid these subjects, does he feel, if i see something going on i don't like, i don't like what the republicans are cooking up, i will say it? >> he doesn't do it in that way. i was surprised nobody, you know, questions from shareholders who are standing in the audience. they have analysts who have questions. they have questions come in online. none of them are vetted. only by the people who have been asked to, they haven't seen them -- nobody asks what do you think of the job president trump has been doing, which is interesting. but, what he will do, is say, i don't like this, i think this is a mistake it. wait until you hear what charlie monger, who is a registered republican has to say about health care. he said, neil, i will push him on th

also also be joined by charlie munger and bill gates for the 8:00 hour. that is monday at:00 a.m. eastern. >>> in other washington news, president trump says he is considering breaking up the nation's biggest banks. it's a promise he made on the campaign trail but put it on the back burner. major averages slipped and rebounded on the news, while government bonds hit the highs of the day. bank stocks dipped and then rallied with investors taking a win-win view that breaking open the banks would offer smaller firms opportunities. when that headline crossed, you saw the immediate reaction t lost a half percent on the s&p financials. >> but time stopped within the corner offices of wall street at the same time. the algos did this, but within big wall street, there was a freak out moment. >> until they went back and looked at it and realized this is not something he was intending to roll out or talk about. we heard some of these issues already from steve mnuchin. >> i don't think he does it. if you really think about it, if you're trying to goose the economy f that's the prism with whi

i need to digest with bill gates said. it seems to be pushing against what the market is expecting right now. we're always talking about okay, you did this tax plan, tax cuts, whether it's just an entirely rearchitecting of the tax system, it's great. he says doesn't really matter. if it doesn't matter, then what ought the stocks be doing and is there a possibility that in some way it's a negative, because it's better for other stocks than it is for tech? >> i think what gates is saying is it might be good for tech knock investors. tech as a business maybe not. they're not capital constraint. apple has not needed for cheap money. >> now to washington d.c. we're getting the breaking news on mike flynn. >> there's exclusive reporting from nbc news that president obama had warned president trump against hiring michael flynn as his national security adviser. that's according to three obama administration officials talking to nbc news. this morning apparently came less than 48 hours after the november election. the two sat down

gates. as his wife priscilla chan in the class of 2017 listened in the rain, he delivered this message, if you create opportunities, you create purpose. he got emotional when talked about an undocumented student who put aside his own fears of deportation to help others. >> but if a high school senior who doesn't know what the future holds for him can do his part to move the world forward, then we wi -- we owe it to the world to do it too. >> and the live captioning, take a look. the tweet points out one such error, look at that gibberish there and this morning the harvard newspaper's website was hacked to there were trolls with holidays like mark zoinkerberg. and he does get likes with this picture of him getting his honorary harvard degree. he posted, mom, i always told you i would come back and get my degree. >> certainly did. >> it was an honorary degree. >>> spencer christian joins us now with a look at the forecast. >> the holiday weekend weather will get lots of likes. i'm ranking it.

but it's although -- also the beauty of the free market and if microsoft can't do better marketing bill gates is worth $950 trillion pair you telling me he can't shake out the couch cushions and stop building for 20 seconds to let people know they should install a patch? >> i am and courage to that the nsa, government agency actually wrote something that actually works. they just forgot to lock the shed after they high-fived, they forgot to lock the shed. kennedy: what you going to do? this is what i will say. we should all be good at riding bikes and crowing victory gardens because technology is going to hose us all. last word brian. >> bury your ammo with a -- so it doesn't rust. kennedy: well said. that's why love having you around. thanks again. coming up the heart and soul needed a little more hammer and sickle. watch vlad tickled the ivories. it sounds so dirty. the topical storm is next. ♪ you know how painful heartburn can be. for fast-acting, long-lasting relief, try doctor recommended gaviscon. it quickly neutralizes stomach acid and helps keep acid down for hours. relieve h

other tech leaders have graced the walls of this prestigious institution, including bill gates and sheryl sandberg. we sat down with harvard president and discussed how this institution fosters innovation among its students. >> i think we have such a vibrant innovation community in so many dimensions here. its exciting to see it growing. it is exciting to see the output. i think having mark zuckerberg come back will be a great moment for everyone to celebrate him and remind ourselves of the many ways in which we have been innovators and will continue to be innovators. caroline: one of the things you have innovated is i lab. you have accelerators that can help foster growing businesses. how long is that in play, and how does it help build new companies coming out of harvard? >> ilab started in 2011 with providing support and building companies with ideas and putting them into the commercial world. with that kind of help, we could enable students and faculty to really follow their ideas and their dreams, and make their own tangible realities in the world. it has turned out to be a success b

gates. >>> coming up, the countdown to the jobs report is on. we'll get the april employment numbers at 8:30 a.m. eastern time. up next, predictions and how the number could impact the fed's next rate hike. "squawk box" returns in a moment. brian, i just need to know if the customer app will be live monday. can we at least analyze customer traffic? can we push the offer online? brian, i just had a quick question. brian? brian... legacy technology can handcuff any company. but "yes" is here. you're saying the new app will go live monday?! yeah. with help from hpe, we can finally work the way we want to. with the right mix of hybrid it, everything computes. at crowne plaza we know business travel isn't just business. there's this. 'a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. usaa gives me the and the security just like the marines did. the process through usaa is so effortless, that you feel

gates. as his wife priscilla chan in the class of 2017 listened in the rain, he delivered this message, if you create opportunities, you create purpose. he got emotional when talked about an undocumented student who put aside his own fears of deportation to help others. >> but if a high school senior who doesn't know what the future holds for him can do his part to move the world forward, then we wi -- we owe it to the world to do it too. >> and the live captioning, take a look. the tweet points out one such error, look at that gibberish there and this morning the harvard newspaper's website was hacked to there were trolls with holidays like mark zoinkerberg. and he does get likes with this picture of him getting his honorary harvard degree. he posted, mom, i always told you i would come back and get my degree. >> certainly did. >> it was an honorary degree. >>> spencer christian joins us now with a look at the forecast. >> the holiday weekend weather will get lots of likes. i'm ranking it.

other tech leaders have graced the walls of this prestigious institution includes bill gates. we sat down with harvard president and discussed how this institution fosters innovation among its students. ♪ >> i think we have such a vibrant innovation communities in so many dimensions here. it is exciting to see it growing. it is exciting to see the output. i think having mark zuckerberg comeback will be a great moment for everyone to celebrate him and remind ourselves of the many ways in which we have been innovators, and will continue being innovators. caroline: one of the things you have innovated is i lab. ways you can help foster growing businesses. how long is that in play, and how does it help build new companies coming out of harvard? >> ilab started in 2011 with support and building companies breeding -- bringing ideas and putting them into the commercial world. with that kind of help we could enable students and faculty to really follow their ideas and their dreams, and make their own tangible realities in the world. it has turned out to be a success beyond our dream

bill gates. >> can you help me figure out what i'm going to say? >> yeah. we should work on it together. >> this video of zuckerberg touring his old dorm room shows him relaxed as anyone has seen him. talking hi-jinks with current students. you walked in on mark when he was doing his remembrance tour of his old dorm. >> he told us some stories that weren't facebook live or tv. >> zuckerberg returns to harvard amid a year long tour of united states. presidential run in 2020. students here are excited. >> i actually really like it. it's -- >> fair to say inspirational. >> inspirational for some, nostalgic for others. >> this has been a place where a lot of really special things happened in my life and i'm really grateful for this place. >> perhaps worthy of a status update. >> that was thomas roberts reporting. nobody knows exactly what he'll say, but zuckerberg says that's been writing that speech for quite some time and intends to focus on what he's learned about this generation. >>> a possible tornado hit parts of north carolina yesterday. take a look at t

but it's although -- also the beauty of the free market and if microsoft can't do better marketing bill gates is worth $950 trillion pair you telling me he can't shake out the couch cushions and stop building for 20 seconds to let people know they should install a patch? >> i am and courage to that the nsa, government agency actually wrote something that actually works. they just forgot to lock the shed after they high-fived, they forgot to lock the shed. kennedy: what you going to do? this is what i will say. we should all be good at riding bikes and crowing victory gardens because technology is going to hose us all. last word brian. >> bury your ammo with a -- so it doesn't rust. kennedy: well said. that's why love having you around. thanks again. coming up the heart and soul needed a little more hammer and sickle. kennedy: it is a very big week here in new york city. retiring derek jeter's number two jersey before the game. he's the all-time leader in hits, runs and cocktail waitresses. in honor of the in the following five stories were written in lipstick on a napkin. this is the to

listen to what bill gates had to say. >> the -- is fairly high. interest rates go up a lot, you'd expect some retreat from these levels. >> so when it comes to the idea that interest rates are the most important overriding factor that's one thing that all three of them agree on. however, try and get them to say where they think interest rates are headed good luck. none of them are sure at least they're not willing to venture a guess. buffet says he's got a rough idea where interest rates may be but again they're not going tobit putting down money on that. that's the one overriding factor. tyler back to you. >> becky fill us in about what mr. buffet said over the weekend about the healthcare reform package in his view. he was a clinton supporter, of what it does for folks like him. >> he made some comments over the weekend and then followed up on that this morning with this is well. he said this is what you're talking about, a tax cut bill when you look through it all. he did look through the details himself and says if this bill that was passed by

. >>> move over, bill gates. you might lose the title of world's wealthiest person. the net worth of amazon founder jeff bezos rose nearly $2 billion on friday. the company reported strong earnings that sent the stock skyrocketing. he's now worth about $80 billion, just behind amancio ortega and above warren buffett and way above mr. bigs and christine romans. >> i got to play golf, i thought it was a win. wow $2 billion. all right, guys, "early start" starts right now. >>> breaking overnight, negotiators reach a deal to keep the government funded through september, anyway. the deal features some big wins for democrats and funding for the president's border wall is out. >> isn't that the job, by the way, to pay the bills, keep the lights on? >> good job, government. >> good job, doing your job. >>> and pushback over the president's decision to invite the authoritarian president of the philippines to the white hou house. why the white house is defending it, and will rodrigo duterte even show up? good morning and welcome to "early start." i'm christine romans. >> and i

charlie monger, you warren buffett and bill gates sit down with my, richest minds on the president trump, economy, health care, investments. all the ideas on the table. don't miss the "countdown to the closing bell." comedian jimmy kimmel not laughing last night, filled with tears instead of laster on the show as he shared a very personal story of health probms fachis brand newborn son but uld something that happens on late-night tv actually change the course of the health care redate in america? congressman andy harris, he predict ad revival of the gop plan on this very show. he is an anesthesiologist, a member of the freedom caucus. we'll ask. >>> the ceo of the cleveland clinic tells us if he thinks the changes to obamacare will help heal america. "countdown" coming right back. ♪ predictable. the comfort in knowing where things are headed. because as we live longer... and markets continue to rise and fall... predictable is one thing you need in retirement to help protect what you've earned and ensure it lasts. introducing brighthouse financial. a new company established by metlife t

. >> did you hear charlie munger giving bill gates a hard time about it? that was so funny. yeah, you're five years late. >> well, i know. munger is -- he's unique. >> i mean, the question was, bill, what did you miss -- at microsoft -- i wish we were in the phone. i wish we were in the surge. and munger piled on. >> it was a great moment. >> you know what just cracked 150? apple. >> well i thought his comments on apple were kind of -- listen it's the oldest consumer product company that hasn't had to cut price. you talk about the price of it and how people love it. it's really interesting. it was liberating to hear him talk about it as being a company that has pricing power. that people love and can't live without. it's a different narrative from the analysts who keep saying, where is it? they don't have a new iteration and it's doing great. i don't know how they do that. and the answer is that he said it's a great company. i know then he compared it to ibm where he said it didn't pan out as a great company and the commentary about watson was i felt very double edged. that

gates. his wife listened in the rain. zuckerberg delivered this message. if you create opportunities, you create purpose. not just for yourself, but for others. >> let's give everyone the freedom to pursue purpose, not just because it's the right thing to do, but because when more people can turn their dreams into something great, we are all better for it. >> >> well, zuckerberg's speech may have been well received, but not the captioning. he tweets one such error, this gibberish here. reward is my parents? what? that didn't make much sense. also this morning the harvard newspaper's website was hacked to troll zuckerberg with headlines such as mark zinkerberg does it again. he is pictured getting his honorary harvard degree. he said, mom, i always told you i'd come back and get my degree. he certainly did. larry and alma? >> thank you. when was the last time you saw zuck in a suit and tie? >> maybe the only time. i don't know. >> not sure. >> spencer christian, always nicely attired. >> i do

she interviewed some of the richest minds, warren buffett, bill gates, charlie monger on the show. she talked to brooks running ceo. and informed us that mr. buffett still, god bless him, uses a flip phone. come on. watch all the exclusive video clips and interviews on lizclaman.com, check that out. lizclaman.com. closing bell, seven or eight minutes away now as we continue. the dow is down 51. looks like we're kind of settled into that range. we'll track it here for the last few minutes of trading. "guardians of the galaxy" 2 meantime, second film, that marvel franchise, debuted last weekend at number one. raking in $145 million. will movie magic prevail over the some of the problems at espn. layoffs and cord cutting, what you need to know ahead of disney's second quarter report coming out after the bell. details what to expect here on "countdown." when they thought they should westart saving for retirement.le then we asked some older people when they actually did start saving. this gap between when we should start saving and when we actually do is one of the reasons why too many

whether it's the rockefellers or bill gates on down, so that's the main distinction, and that's why america despite all of these flaws is still the most prosperous country in the history of the world. liz: right. getting back to your point of venezuela, we've had so many people in venezuela come back to us, jonathan, and say we are scared what we see going on in the united states. we don't like it. we saw the government come creeping closer and closer and all of a sudden the government was at our back door. and they see nothing and they're infuriated, they see silence from president obama from elizabeth warren, from bernie sanders, from, you know, sean pen, from glover. all of them and actually, people on camera, jonathan, saying that venezuelan socialist government are paying people in hollywood to do propaganda for it. venezuelians are terrified what they see going on in the united states. go ahead. >> and the left here would say, well, that wasn't the right type of socialism. next time we just have to switch the type of socialism. you know, this has been band-aided around since the begin

other tech leaders have graced the walls of this prestigious institution, including bill gates, steve womack, and sheryl sandberg. we sat down with harvard president and discussed how this institution fosters innovation among its students. >> i think we have such a vibrant innovation community in so many dimensions here. it is exciting to see it growing. it is exciting to see the output. i think having mark zuckerberg come back will be a great moment for everyone to celebrate him and remind ourselves of the many ways in which we have been innovators and will continue to be innovators. caroline: one of the things you have innovated is i lab. the very fact that you have accelerators that can help foster growing businesses. how long is that in play, and how does it help build new companies coming out of harvard? >> ilab started in 2011 with the notion that providing people with space and support and building companies with ideas and putting them into the commercial world. with that kind of help, we could enable students and faculty to really follow their ideas and their dreams, and make

bill gates told liz claman the same thing earlier today. watch. >> the u.s. economy is doing well, innovation in the u.s. is doing well. i think this is, you know, a period where the u.s. formula looks great. charles: you know, i've got to tell you, there's so much news in the first week of may last week, and lost in the mix of the spending bill and obamacare bills and jobs report was an announcement from a company called emphasis, an indian consulting and i.t. giant. they said they plan to hire 10,000 workers in america over the next two years so, clearly, it's a win for the trump administration, but perhaps with a caveat. you see, it's more intriguing because the company uses the h-1b system more than any employer in america, the program many see as a way of bringing in cheap, international labor. in fact, of the top 25 h-1b employers, big tech companies pay on average $112,000 versus only $76,000 for their indian counterparts. $250, seven employees their first account in america, 1983, came from data businesses. and as they say, the rest is history. so whi

you mentioned neil degrasse tyson, bill gates, all sort of play a role now of public expert and insert any subject and social conscious, yeah. can you talk about bounded expertise, you're expert, deterrence, russia, the soviet union and nuclear weapons, i don't think you claim any expertise in astro physics, for example but a lot of people out there once you get expert license in one area, expert in everything and use that license to opine. >> the public plays into this in a way, you know, i find it frustrating, the public say you experts and your credential, but then somebody comes along and says, i'm neil degrasse tyson, what do you think about child care, who cares what he thinks about child care or doctors. who cares? >> there was a gap fly and i talk about her at some length in the book, had serious ideas about nuclear weapons, silo issues, she used to talk about the ability of our silos to withstand first strike. he was a pediatrician but had doctor in front of her name. people and were like, she's a doctor. american swing wildly between these. you experts and your credentials ta

gates. right here on the fox business network. >>> to the nation's capitol, the first 1500 days official -- 100 days officially in the rearview mirror. blake burman just got out of sean spicer's press briefing, and, blake, let's get right to it. we already showed what sean spicer said in reaction to your question, and then there was some ground to cover on health care too. you hit 'em both. >> reporter: yes. and you're starting the get the feeling around here that this ahca 2.0, the second go at it for republicans here at the white house might indeed just be nearing the finish line at least as it relates to the house. the key word being might. speaking with white house officials here earlier in the day, they told me that it is possible that a vote could end up happening on the house floor midweek. the date that is being floated around is wednesday. when i asked them, tried to get to the bottom of just, indeed, how close they are, remember last time when this did not get to the house floor fo

another famous harvard dropout, bill gates. what do you make of zuckerberg's comment? >> i couldn't disagree more. he presented it well but socialism doesn't fit in the united states. this is a big push in silicon valley for a multibillion are tech execs that there should be a universal income. dagen: it is called welfare which we don't believe in. that is not what america is. we believe in work, not staying at home or getting paid nonetheless. >> technology will replace all blue collar jobs so to prevent this uprising where the general people are going to go after the wealthy people they will give them a small salary to keep them happy. couldn't disagree more. >> i welcome mark zuckerberg to volunteer money if they want to give to the poor. other than his position if they want tdo that give your money away but that is not the way -- who is going to pay for it? have a great weekend. more millennials are looking to buy homes but have one problem, no money for a down payment, the tough reality the generation is facing. making a come back, bmw resurrects its eight series

on monday, big interview with bill gates, warren buffett, and charlie monger. there is the closing bell on a rockin' day. [closing bell rings] >> thank you very much. quite a day on capitol hill. health care law repeal, replace passing through the house. crazy day for the markets. now we're moving higher after the president and republican leadership, you saw it on closing bell, celebrating the passing of their health care bill, ending off session lows, down about 12 points or so. really a reversal of fortune here david, as you can see. s&p 500 and nasdaq turning positive the last few moments. story of the day, oil tumbling nearly 5% to close at a new 2017 low, the lowest level since late november. hello, i'm cheryl casone in for melissa francis today. david: the market did drop initially today, a 5% drop in oil but it recovered quite nicely. still in the

. >> as i started to learn how to read, i started reading business publications, bill gates, warren buffett. that was kind of my thing at the time. >> yeah, yeah. >> the stocks developed on its own in a way. >> are you actually working with money? >> yes, investment money for myself, family, friends. >> how does that work with the prison? because i know there's a thing where prisoners can't -- there's rules and regulations around that. >> i'm not running a company. >> okay. >> i trade stocks, right? >> okay. >> i get on the phone, call, talk to my family, you know, say hey, buy this, buy that, and they buy and they sell. >> and now you're on tv and in the newspaper and people are talking about you. and i hear they nicknamed you the oracle of san quentin? >> yeah. all i've done is just take what's been available to me and i've packaged that and made it where it's really easy for guys to use, and it's been, you know, a tool to be very, very successful. >> can i ask you another question? >> yes. >> how did you end up in prison? >> i was tried, taken to trial and found guilty of first-degree mu

bill gates, warren buffett, and charlie monger. there is the closing bell on a rockin' day. [closing bell rings] >> thank you very much. quite a day on capitol hill. health care law repeal, replace passing through the house. crazy day for the markets. now we're moving higher after the president and republican leadership, you saw it on closing bell, celebrating the passing of their health care bill, ending off session lows, down about 12 points or so. really a reversal of fortune here david, as you can see. s&p 500 and nasdaq turning positive the last few moments. story of the day, oil tumbling nearly 5% to close at a new 2017 low, the lowest level since late november. hello, i'm cheryl casone in for melissa francis today. david: the market did drop initially today, a 5% drop in oil but it recovered quite nicely. still in the red but because arealy. i'm david asman, glad you could join us. this is busy day on the beltway and wall and board. the big story of the day the house clearing a major hurdle on health care, seven years in the making. esident trump taking a victory lap

other famous harvard dropouts, bill gates, matt damon, robert frost and william randolph hearst. >>> a report says tesla's assembly line has 30% more injuries than the average. the report examines two years of accidents filed with osha. if you look at the more important statistic, the number of days a worker has to be put on restrictive duty because of an injury, the number is twice industry average. tesla workers are in the midst of a unionization drive. >>> the world's leading drone maker dji is showing a new drone you control with the wave of your hand. it's called the spark. it's more of a flying camera than what we would think of as a traditional drone. it recognizes you, follows you, relatively cheap, $400. this is cool. when you want it to take a picture, just do this. >> really. >> and when you want it to land you do this and stick out your hand. magic. >> it feels like a jedi force. >> and $500. now we're getting into this is the drone you want >> that is cool. >> this is the drone you're looking for. think about that this holiday season. >> christmas in july. >>> let's get

other famous dropout, bill gates, matt damon, the poet robert frost and william randolph hearst. the s&p 500 starts at a new record. the federal open markets committee is likely to raise rates in june. first time jobless claims are out. the world's leading drone maker is showing off a new inexpensive drone you can control with the wave of your hand called the spark. it's really more just a flying camera. but you can see him pushing it away with that. it recognizes you 400 bucks, pretty cheap. this is also from dji, this next video i'm going to show you. just showing you more of what you can do with it. it just float there is and waits for the signal to take your picture and there you go. drones, you know, the big ones, drone, this is just a flying camera. it doesn't go far away but recognizes you and follows you around as you go. and dji is by far the leader in drone. >> imagine what your family portrait will look like. >> everybody's like this. [ laughter ] >> thank you very much, scott. get out your red noses. it is officially red nose day. it's a big deal here for this network

charlie munger and bill gates will also be there. 6:00 a.m. all the way through "squawk box" monday right here on cnbc. >>> ahead, it is a double dose of unusual. the brothers najarian, but they're also tracking unusual activity. see what i did there? >> i did. >> stay tuned for their market plays. plus, one department store shares rising over 10% over the past month and this analyst says you've still got to buy the call. our call of the day is a retailer. stick around. >>> as we go out to break, oil quickly becoming your big story. wti crude kick pushing its way below $46 a barrel. it is down 4% to $45.90. we'll leave you with a little lupe. we're back after this. you could fill a book with all the things you'll never learn from a book. expedia. everything in one place, so you can travel the world better. i am benedict arnold, the infamous traitor. and i know a thing or two about trading. so i trade with e*trade, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound)

. >>> and move over bill gates. the company reported strong earnings. jeff bezos is worth $80 billion. he is above warren buffett and amancio ortega. what a day for jeff bezos. i'm christine romans. >> i'm tim bigelbigel i'm dave . "new day" starts now. >> are not the deal you make. >> if he wants to reach out, we're all ears. >> washington lawmakers reaching a deal to avoid a government shutdown. >> we need to stop the drugs and human trafficking. >> donald trump has given us a graveyard of broken promises. >> they say we don't cover pre-existing conditions. we cover it beautifully. >> i think healthcare reform is around the corner. >> and this is not appropriate. >> it doesn't mean human rights don't matter. we need cooperation among partners in asia. >> this is "new day" with chris cuomo and alisyn camerota. >> welcome viewers from around the world and the united states. it is monday, may 1st. no government shutdown. congress has a deal to keep the u.s. government funded through next week, but through september. the bipartisan deal has a lot to discu

gates said i like what the prime minister has done. our you secure in the future or do you have a real hankering doubt about the ramifications of brexit potentially for you? >> for the tech industry, this great cityondon, a and a huge talent base. there are more developers here than there are in cities like new york. we have a strong base in the northeast with the largest private-sector employer. i think we see the u.k.'s prospects still very positive. anna: you're not worried about immigration and access to talent. >> i would love to fish in a eager pond, i would like to get chinese, indian, and american talent. who knows what the future will hold? businesses will carry on as they have carried on in the last nine months. particularly the small and medium businesses. we are effectively their champion, they're focused on the growth of their business. anna: good to speak to you. the sage ceo. manus: just delivering numbers, we will have that conversation breaking this down. pound eba 160 million itda and they plan more stores. we will ha

if you look at the four wealthiest individuals in the world, bill gates associated with microsoft, and his one-year increase in net worth is $6.4 billion. jeff bezos of amazon, $20 billion net worth over the past years. i many seo ortega of spain, and --ren buffett -- amani ortega of spain and warren buffett. julia: we took a trip to check out the newest bookstore on the block. kill storeelped chains, and now it is trying to become one. the company, since 2015, has been opening a handful of physical bookstores in places like seattle, san diego, and chicago. >> people are moving away from buying physical books. we wanted to give them a new way to discover books and the desire to find a book that you love. it is a desire that is very common. we felt like we could make it easier, make it more to life will to bring back customers into a physical space. store of the books in the are bestsellers, or rated four stars and above by amazon's online book buyers. there are large sections were books that people have added to wish lists, and you can scan the book covers to get a price on your amazon

he did actually go to bill gates and ask him for some advice on what to say which i thought were you pretty funny. >>> everybody has got eyes to the sky gary because it's an important weekend. >> look, we're getting better, i just would say that. >> right. >> but it's the unofficial start to summer and we'll have summertype thunderstorms just about forecast every day for this holiday weekend but it won't be a washout, all right. 60 degrees now. 57 up in gaithersburg. dulles right around 57 degrees so a lot o morning have been in the 50's. little bit cool out. today's high temperature gets 7. close to 80 down south. little bit more sunshine in places, maybe a little bit warmer, a little bit more cloud cover in the opposite -- and the opposite is true. winds will be out of the west at about five to 15 miles per hour and a little bit gusty at times. here is your memorial day weekend forecast. again, thunderstorms possible just about every day but we'll have some sunshine and some dry conditions as well. tomorrow let's watch out because it does look like some of those thunderstorms tomor

one statistic that it's got a lot of attention recently partly because bill gates has spoken about and tweeted about it is that from 2000-2015 annual child deaths declined from 10 million per annum the 6 million per anna. that is extraordinary. we still lose 6 million children a year. we lose when building shown on the date of the birth and 1 million more in the first week of life. so while if you just kind of think about, goodness, there's been a 40% to clinton isn't that extraordinary? yes. but as mothers of two small children, i don't want to be on the other side of that statistic. we don't think anyone should be. so while we still have enormous work to do, we also do recognize that the world has made real progress. to end on a slightly more optimistic note, we concludeour book with the lessons the global polio eradication initiative. started in 1988, a real coordinated effort catalyzed by the w.h.o. but in partnership with a number of other institutions, both funders and kind on the ground partners. it is i think at this moment in time easy to focus on the fact that we still have p

minds warren buffett, of course, berkshire hathaway his vice chair munger best friend 55 years, and bill gates board member of berkshire hathaway on a whole bunch of issues from health care, as you know going to senate maria we are going to ask them what they think about that, by the way, charlie munger sat on boards of hospitals a way of looking at things 30,000 feet we are going to ask with from what you can tell of house plan are preexisting conditions covered we will talk to warren about tax plan as well much, much more -- 3:00 pm eastern. >> there for big interviews thanks so much enjoy rest of your time from omaha final thoughts from this all-star panel next. ♪ all right, all right ♪ ... ♪ >> welcome back, what a great show today. final thoughts, all-star panel, lee carter. >> i was so excited for the time we spent with the congresswoman. i was glad to hear they were trying to get americans better health care, what that means and how this is playing out in the bill. maria: that's important and i think you gave them a couple of tips, it sounded like. >> in terms of messaging,

it's the entrepreneurs, the bill gates steve jobs, hollywood stars it is the rock stars, it's the baseball and basketball stars. these are the incomes that have really distorted the income inequality charts. and, of course, i mean, addressing that is problematic. i doubt that we want steve jobs to be taxed so highly that he felt like he had to start apple in some other country or o something. so again that's a part of the debate that i think we don't have enough information about. so even -- i first loved to see the income inequality debate a little is sharper and clearer and focus on things that we can really do. now, you're saying questions, of course, even harder if i were the -- of welfare what would i do and i'm not an expert on welfare. this is more of a book of political philosophy if you will than -- welfare policy possibly. i would say that -- in general and i think this addresses both the people who have been in poverty for a long time and it addresses the newer members of this frustrated economic class that came out and voted, you know, surprised everybody and voted for trump in

gates of microsoft, get those voices. you're probably doing that. >> i wanted to mention the pushback that jay johnson and secretary of homeland security god from state election officials when he attempted to engage with them. particularly in the issue of our voting apparatus as part of our critical infrastructure. there's a lot of suspicion, whatever it is pushback at the state level and local level about the feds getting involved in things. just another manifestation of the reluctance of the private sector to engage. >> the last point to the states we have not talked enough about the states and their role. i'm joined today by dave who is the head of cyber for the state of new jersey. the have a hub and spoke with the federal government. we need more of that to break down the pipes in this area like we try to do a law-enforcement. >> thank you mr. chairman. thank you for having this hearing. lucy goes straight one of the ironies of working here which is that we are discussing one of the most important topics for national

mark zuckerberg, bill gates, they have spoken passionately about their concern about immigration. scarlet: caroline , in california you have silicon valley in new york, we have silicon alley. i don't know what they call it in boston but there's a growing tech scene there. give us a sense of where it is in terms of tech and innovation. caroline: biotech is the life blood of boston here. 31% of the state of massachusetts overall state product, the money it makes a third of it comes from tech and biotech. almost half of the payroll of boston comes, and from massachusetts as a state, comes from biotech and tech. no wonder when you've got 20-plus universities and academic institutions just in the state of massachusetts alone. 12% growth in technology in terms of 2010 to 2015, according to p.w.c. and more than 900 technology investments in the window of four years. we have some phenomenal guests coming for you over the next course of this week. i want to see you stay tuned. monday we'll be bringing you throughout the book more sound from president faust, of course, from harvard but we'v

bill gates losing $1 billion. amazon founder jeff bezos losing $1.7 billion. he dropped to number three on the list now. he might be a little more mad. yvonne: a little less rich. it seems like the investor concern at the moment -- what does this mean for tax reform? apple was one of the biggest losers last night, down more than 3%. why we saw this rally this year was the expectation that this $240 billion parked offshore in cash equivalents would be repatriated to the u.s. we are not really seeing that. it seems to be stalled at the moment. it raises concerns about what will happen with trump's growth agenda moving forward. one to watch. we will wrap up on "daybreak asia." tell us what you are looking at. >> we will start off with that chart you just had. $35 billion by the top 500 richest people. to $4.58 trillion. [laughter] that is a bit exaggerated. that is what we have the moment. we have this drama taking place at the white house and tensions going on. what are the market implications here? how much of this is already priced in? looking at that, looking

charley munger and bill gates will also be there. monday 6:00 a.m. eastern right here on cnbc. >>> president trump and house republicans celebrating after muss lg the healthcare act through the house. what does this mean for the rest of the trump agenda? specifically taxes trade. bringing in matt rue bell and a member of the advisory committee for trade policy and negotiations with the office of the u.s. trade representative. matt welcome good to have you with us. >> thanks. great to be here. >> the head of one of the congress biggest company jeff e medical gave a speech yesterday down at georgetown where he said that protectionism is not the answer. i think we have a quote from his speech we can put up on the screen if you don't, but just take my word for it that's what he said. at the same time he said, the principles of free trade need to be rethought. the system of free trade have not worked for enough workers. protection. is not the answer it makes us look weak and not strong. statement matt, he said that the world of government is to level the