bring on today with comcast business. powering possibilities.™ 60 r the sixth time in the last eight years, the golden state warriors headed back to the nba finals after taking down the dallas mavericks 1 21 10 at the chase center. urban magic johnson trophy goes to your very old

comcast business. powering possibilities.™ airplane that's what passenger darren erickson told controller the plane made it the palm beach, florida with harrison in the cockpit. when the pilot passed out, he unplugged his head set that left him to figure out how to plug it back in and then to ask for help getting the plane to the ground. according to data from flight aware, look a this the plane took off from the bahamas about an hour and a half in the balm beaches, air traffic control reports they were concerned when the plane started flying erratically air traffic controllers shocked to learn a passenger was piloting the plane >> you just witnessed a couple of passengers land that plane. >> not a prop, go ahead and continue and we'll hold short. >> did you say a passengers landed the airplane? >> that's correct. >> oh my god, great job. >> no suflying experience. that controller calmly guiding harrison and the plane to safety in palm beach, their is nbc's kerry sanders. >> reporter: it could have e

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bring on today with comcast business. powering possibilities.™ >>> let's get a check on nutanix. it's another name on m & a speculation. a possible takeover of the company by bain capital could be ahead, and with nutanix's 50% off of the highs, just the latest example of tech weakness turning into deal opportunity. looking at that a lot these days, carl. >> indeed, dee let's get back to sara eisen live in davos, switzerland, sitting down with the ceo of palo alto. stocks were up 10% on the results. >> very strong earnings. thanks for joining us. palo alto is the world's biggest cybersecurity firm for talking to us, a davos regular good to have you. >> thanks for having me, sara. >> so a lot of talk about the geopolitical risks out there you have an interesting -- >> whoa, it's very windy >> all right >> you have an interesting vantage point when it comes to zuber, and i'm curious what your level of concern is right now about some of the activities that you're seeing in front of you. >> as you know, over the last two or

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bring on today with comcast business. powering possibilities.™ jack: inflation fears cause another sharp swing and the fed slows the economy without a recession but what can the biden administration do to help? joining me is chairman jason furman of the national council of economic advisers. jason, thanks for coming on. >> thanks for having me. jack: there's not a great track record of hiking rates without recession. investors fear we are headed that way. what's your take? >> there is a lot to be nervous about whether we are talking about global events, domestic events or high inflation. i am not that optimistic about how the fed can land the plane softly but over the next year the economy has a lot of strength so my near-term recession worries just aren't that much higher than usual. jack: how high will powell raise rates to tamp down inflation? >> growth is going to be stronger than the consensus, inflation is higher than the consensus right now. as result i think you will need to raise the fed funds rate to four and

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comcast business. lunch? -sure. you've got time. onboard 37 new people, with 74 new devices. does anybody have any questions? and just as many questions. shut down a storm of ddos attacks. protect headquarters and the cloud. with all your data on the nation's largest ip network. whoa, that is big. ok. coffee time. double shot. deal with a potential breach. deal with your calendar. deal with your fantasy lineup. and then... that's it? we feeling good? looks like we're feeling good. bring on today with comcast business. powering possibilities™. alix: the world economic forum returns. leaders are in davos. francine lacqua spoke with a ceo. >> the high inflation shocks that we have seen, it is clear that people are in restock mode. but we think there will not be a recession. there will be a slow down, but -- at 2.94, they have come down. if you look at certain markets, high yield markets, they have come under pressure. francine: and under pressure they get crazy? thomas: they have been pretty quiet, but

it's way more than that. >> comcast is partnering with 1000 committee centers to create wi-fi enabled listings so students from low income families get the tools they need to be ready for anything. >> comcast supports c-span as a public service along with these other television providers, giving you a front row seat to democracy. >> i want report of the number of people assigned to kennedy the day he died, the numbers assigned to me now. if i can't ever go to the bathroom, i won't go. i will stay right behind these black gates. >> presidential recordings. find it on the c-span now mobile app. washington journal continues. host: greg stohr is with us. he is the supreme court reporter for bloomberg here to talk about the future of roe v. wade in the wake of the leaked draft. when you heard the news of that leak and saw that draft decision come out, what were your initial thoughts? >> i was driving so my initial thought was that i better pull over or i might hit somebody. it was stunning in many ways. nothing like this has ever happened in my time in the court. for leaked draft to come o

comcast supports c-span as a public service along with these other television providers, giving you a front row seat to democracy. >> next, defense secretary lloyd austin and joint chief of staff chair mark milley testify on the president's 2023 budget request for the pentagon. they

we are funded by these television companies and more, including comcast. >> comcast is partnering with community centers so people with low income families can get what they need. >> comcast supports c-span along with these other television providers, giving you a front row seat to democracy. >> during his trip to asia, president biden toward the samsung plant. he talked about the importance of global supply chain resiliency and the -- critical role in the economy. this is his first visit to asia since becoming president. [applause] pres. biden: thank you. thank you. very generous. thank you very much. thank you for that introduction. it is wonderful to be back. i'm honored by the welcome you have given me in your beautiful country. congratulations on your election. [applause] and on your inauguration. [applause] i am my country look forward to a productive few days were we can get to know each other better and explore ways for an alliance between the republic of korea and the united states. thank you for welcoming us to the samsung facility. this is an auspicious start to my vision of

comcast business. powering possibilities.™ today i'm in palermo, the capital of sicily which is a kind of gritty city. but in recent years it's seen gentrification with the opening of new shops restaurants and bars. >> tucci: the architecture is extraordinary and a lot of it is mostly old structures most of which are completely falling apart but they're so beautiful. it's not what i expected, it's kind of a revelation. i'm excited to go through it and explore it. palermo was first settled by venetian traders in the 8th century b.c. then the arabs and the normans arrived or conquered and these waves of migration created an incredibly beautiful city. it almost looks like new orleans. when you look down you see it's like the french quarter parts of it. but palermo's beauty has come at a cost. this magnificent architecture is the legacy of wealthy land owners who built grand palazzo's on the profits of their estates while their workers lived in poverty. when this system collapsed in the 19th century work

comcast business. powering possibilities.™ >>> hello and welcome to the viewers joining us in the united states and all around the world. you are watching election night in america. i am rosemary church. well, this is the biggest election night of the u.s. so far this year. these five states are holding primaries, some of which have been filled with twists and turns and the results of these elections will decide who appears on state ballots and that will determine whether democrats lose their slim majority. the lingering power of former president donald trump. the marquee race of the night, the republican senate showdown in the swing state of penn which is going down to the wire. trump's pick, mehmet oz was deemed the front runner in a three-way contest and now is neck and neck with dave mccormick and the race is too close to call. john fetterman will get the nomination sdiet being in the hospital. he had a stroke and underwent surgery to install a pacemaker with a defibulator but the expensive senat

bring on today with comcast business. powering possibilities.™ - [graham] the exuberant voice and contagious enthusiasm. - awesome baby with a captain a. - [graham] dick vitale's energetic commentary has been the heartbeat of college basketball and espn for more than 40 years and was on full display during our 2015 visit to his sarasota, florida home. - oh, wow, you can dream, can't you? - [graham] in our recent visit vitale and those closest to him open up about the physical and emotional tolls of what the broadcaster refers to, as the toughest seven months of his life. - i missed being me, i felt trapped. - [graham] from the disfiguring surgery to remove melanoma. - it looked like tyson just beat me to a pulp. - [graham] to the temporary loss of his iconic voice.

we are funded by these television companies and more, including comcast. >> do you think this is just a community center? no, it is way >> more than that. >>comcast is partnering with 1000 community centers to create wi-fi-enabled listening so that students from low-income families can get the tools to be ready for anything. >> comcast supports c-span as a public service along with these other television providers, giving you a front-row seat to democracy. >> the finnish president and the swedish prime minister joined president biden at the white ho

mocha including comcast. >> are you think those are just a community center? >> know it's way more than that. comcast is parted with 1000 committee centers to provide wi-fi enabled list they get their families ready for anything bread comcast support c-span is a public service along with these other television providers. give you a front row seat to democracy. >> here's what is i had. next house speaker pelosi and her weekly briefing. then from today's edition of "washington journal" conversation with derek johnson president ceo of the naacp. nine enter secretary deb pollan testifies our department 2023 budget request. after that the latest white house coronavirus briefing. the senate passed an additional $40 billion to assist ukraine in its ongoing fight against russia. the legislation is on hold much of the week because of kentucky senator rand paul requested a special inspector general be added to the bill to oversee how the a m

comcast business. with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want —your team, ours or a mix of both. with the nation's largest ip network. from the most innovative company. bring on today with comcast business. powering possibilities.™ ♪ ♪ gerry: this week former secretary of state the henry kissinger speaking to the audience here by remote video with, a man who played a crucial role in easing hostilities between the u.s. and china in the 1970s. he warned of the risk of pushing russia too far with our unconditional support of ukraine. >> negotiations for peace need to begin the next two months or so. the dividing line should -- status quo and pursuing the war beyond that point is not about the freedom of ukraine -- [inaudible] fracture itself. gerry: back with secretary general jens stoltenberg. he warned that russia's major country whatever we think, whatever it's done, but it needs to be treated, it

comcast business. powering possibilities.™ there are lots of choices when it comes to your internet and technology needs. but when you choose comcast business internet, you choose the largest, fastest reliable network. you choose advanced security. and you choose fiber solutions with speeds up to 10 gigs available to more small businesses than any other provider. the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. >>> how is president navalny different from president putin? >> well, my major task as a president, just to prevent this damn circle of reestablished authoritarian regime. in authoritarian country, you you are pro-authoritarian leader or you are against the authoritarian leader. so we are in more primitive politics like human rights, freedom of speech for election. the power and money -- tax money -- they su

and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ >>> another report. another alarm on the climate crisis. the world meet logic organization says the last seven years were the earth's warmest on record, being pushed to new heights. sea levels rose twice as fast in the '90s until the end of 2021, a decade earlier. a u.s. climate assessment says the world must cut greenhouse gas emissions or face catastrophic changes. it is time to act. >> time is running out. the climate crisis, the world must act in this decade. the good news is that the lifeline is right in front of us. >> and there is startling new analysis saying the climate change is making the odds of a record breaking heat wave in india and pakistan 100 times more likely. those countries are already dealing with extreme heat, it forced schools to close, damaged crops, put pressure on energy supplies. they saw the temperature climb to nearly 124 degrees fahrenheit, 51 degrees celsius. >>>

comcast business. powering possibilities.™ >>> good morning, welcome to our viewers in the united states and around the world. it is friday, may 6, i'm laura jarrett. >> and i'm christine romans. cnn has learned the u.s. military did play a role in the sinking of russia's flagship in the black sea last month. sources say ukrainian sources asked for confirmation that the warship was in fact the moskva. the u.s. responded that it was and also provided intel about the ship's location. scott mcclain is live for us in lviv. was the u.s. involved in targeting the ship beyond that or simply intel here being shared? >> reporter: so those same sources that you mentioned said that it is not clear whether the u.s. knew that the ukrainians were planning to bomb the ship, but either way the americans were not involved with the decision making there. the pentagon is pushing back on this, and they put out a very carefully worded statement, the spokesman john kirpby saying tht we didn't provide ukraine with specific

we are funded by these television companies and more, including comcast. >> do you think this is just a committed to center? no, it is way more than that. >> comcast is partnering with 1000 community centers to create wi-fi enabled listening so that students from low-income families can get the tools they need be ready for anything. >> comcast supports c-span as a public service along with these other television providers, giving you a front row seat to democracy. >> next, north carolina representative ted budd speaks to supporters after being declared winner of the state's 2022 senate primary election. he was endorsed by former president trump ed goes on to face democrat sherry beasley, former justice of the north carolina supreme court. >> -- ♪

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bring on today with comcast business. powering possibilities.™ ♪ cheryl: food prices rocking the nation. price of eggs, chicken, milk and wheat all up and rising. farmers also feeling the effects. fertilizer remains high in demand due the to the ongoing war in ukraine with. the u.s. bird flu wiping out almost 10% of the country's egg-producing hens. as grocery sopor -- shoppers peel the pain, company often referred to as the tj maxx of grocery is hatching a plan. grocery outlets partnering with uber eats to deliver groceries the same day from its stores to your home. joining us now on a fox business exclusive interis view with ceo eric lindbergh. it's great to have you here. >> great to be here. thanks for inviting us. cheryl: first, i've got to get your take on what we're seeing with this inflationary environment -- environment, because it wasn't just consumer prices we saw jump, but producer prices as well. you're kind of in that space right now, you know? your reaction to what is expected to be more inflation at th

-- so students from low income families can get the tools they need to be ready for anything. >> comcast supports c-span as a public service, along with these other television providers, giving you a front-row seat to democracy. ♪ >> now, a hearing on efforts to combat the fentanyl and appeared epidemic. officials from the department of homeland security and the customs and border protection testified.

comcast business. powering possibilities.™ >>> welcome back the world economic forum is back in davos, switzerland for the first time in two years. it is usually in january with snow now we have the sound of music energy security and the war in ukraine is overshadowing the event and any russian representation is absent all this and a couple of hours ago with president biden's comments from tokyo that america could defend china militarily if china were to go on the offensive. let's talk about it with dan yergin and his book "the new map. it is excellent. dan is one of the smartest people in the world about all things energy. one of the guys i have learned the most from in the last 10 or 15 years dan, a pleasure to have you on i want to talk about energy and security policy. if i could have a moment or reaction to the president's comments in tokyo. i guess those comments will be walked back by the white house those are explicit comments from the president. >> i think the white house has already walked

comcast business. powering possibilities.™ another crazy day? of course—you're a cio in 2022. but you're ready. because you've got the next generation in global secure networking from comcast business, with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want—your team, ours or a mix of both. with the nation's largest ip network. from the most innovative company. bring on today with unbeatable business solutions from comcast business. powering possibilities™. >>> fed chair jay powell said the central bank has the resolve to bring town inflation. he said restoring price stability is an unconditional need even if there is pain involved the he did say in hindsight, it would have been better to raise rates earlier. he said inflation is way too high and it looks like ukrainian war effects may be longer lasting than expected. same thing for the china lock jon. he said all of that is going to make it harder for inflag

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bring on today with comcast business. powering possibilities.™ >> what would you say to america who say this is europe's problem, hugh does russia's invasion threaten the united states. >> they have to start reading some memoirs of the second world war. brian: the president of ukraine demonstrating his leadership. he's praised as a global me row. and he's urging america to not forget your past. his leadership skills compared to those of general george patton. author of "patton's payback," steven moore, welcome. congratulations on the book. >> thank you, brian. brian: zelenskyy has to remind americans what happened in world war ii. he didn't have to remind an historian like you. why don't put in context what he's saying by supporting us you are looking out for yourselves. >> here is a man who is a master communicator. he knows how to motivate people. and he's out in the front. he's not in the background. patton was the same way. he was put in a position to fight the german army when we had not been doing well in the nort

comcast business. powering possibilities.™ there are lots of choices when it comes to your internet and technology needs. but when you choose comcast business internet, you choose the largest, fastest reliable network. you choose advanced security. and you choose fiber solutions with speeds up to 10 gigs available to more small businesses than any other provider. the choice is clear: get unbeatable business solutions from the most innovative company. get a great deal on this limited time price with internet and voice for just $49.99 a month for 24 months with a 2-year price guarantee. call today. >>> january 6th committee closing in on trump world now. two sources telling cnn that donald trump jr. met with investigators for over three hours tuesday. this virtual meeting was sdrisdr described as cordial and he answered all questions without asserting the fifth amendment. don jr. joins a growing list of family members that have met with the committee. >>> more emotional testimony expected today when am

comcast business. powering possibilities.™ >>> a lot of weird things happening in planes lately, right i right? people screaming at each other and refused to follow the rules, having babies. nbc's sam brock with a mom and baby girl you need to meet >> reporter: jada lynn sky was airborne but not yet born on a frontier flight from denver to orlando when she surprised her mom-to-be. >> i was feeling fine and everything so i had went to sleep and i woke up and my c contractions was -- yeah >> your contractions woke you up in the middle of that flight >> yes >> the first thought that runs through your mind was what >> i could not have this baby. >> shakiria, a foremother of fo she was headed to the back of the plane where she gave birth >> i gave two big pushes and the baby came out. >> you went to the bathroom pregnant -- >> came out with the baby. >> a team of people well-versed emergency response all pitched in throughout the plane. the pilot turned over flying duties to the first officer and coordina

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comcast business. powering possibilities.™ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ airplane that's what passenger darren erickson told controller the plane made it the palm beach, florida with harrison in the cockpit. when the pilot passed out, he unplugged his head set that left him to figure out how to plug it back in and then to ask for help getting the plane to the ground. according to data from flight aware, look a this the plane took off from the bahamas about an hour and a half in the balm beaches, air traffic control reports they we

bring on today with comcast business. powering possibilities.™ kriti: this is bloomberg markets. the war in ukraine is still ongoing. energy prices are still rising. the prime minister has an exclusive interview, stressing the importance of further investment. take a listen. >> to tackle inflation in the medium-term, to deal with it in the medium-term, you have to deal with supply-side issues. we need energy companies to put more into hydrocarbons. but we also need the whole country to be invested in all of the carbon energy. we cannot afford to be totally dependent on hydrocarbons. at the same time, we have to accelerate our drive for low carbon energy. >> in another part of your, the ceo of the leading energy company says that his nation can become the primary supplier. all of europe is removing russia from the equation altogether. joining us from london is maxed. the ceo of detect. we thank you as always. let's start with the story of reducing reliance and making ukraine perhaps the supplier as we said for all of you

bring on today with comcast business. powering possibilities™. what if “just an idea” could become a family tradition? this is financial security. and lincoln financial solutions will help you get there. as you plan, protect and retire. ♪ jack: after 10 years of cheap money and surging stock prices rates are rising and tech stocks crashed. what stocks should you buy for the next 10 years? joining me is the author of where the money is, adam cecil. thanks for coming in. congratulations on the book. let's start big picture. the nasdaq down 30%, the s&p came that close to bear market. how should investors think about the market? al: investors should be happy. the stock market is a market, placed by great businesses. many are on sale now. people get upset when things go down. you are happy when the price goes down, you should feel this way about stocks. a lot of froth with easy money policies, you have to be discriminating, the question of separating the babies and the bathwater. jack: how do you pluck those babies ou

comcast business. with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want —your team, ours or a mix of both. with the nation's largest ip network. from the most innovative company. bring on today with comcast business. powering possibilities.™ yvonne: let's take you to seoul, korea, with the new governor of the bank of korea, speaking about this rate hike they just did, based on consensus, a 25 basis point hike, but moving up there inflation target. you are hearing from the governor right now talking about where rates will go, not so much policy rates, but real interest rates. they should first reach the neutral rate, a potentially more hikes to come given where real interest rates are which is lower. when he mentioned focusing on inflation for the foreseeable future, he says it can be seen as a few months, so pretty harker statement coming here. they said the decision today was unanimous, a lot of discussion whe

comcast business. powering possibilities.™ . >>> the kremlin is furious that finland is now taking steps to join nato. dmitry medvedev warned that russia will greatly boost its military presence in the region in response. the invasion of ukraine has alarmed capitals across europe. full membership would probably take months to actually happen. in ukraine, officials were quick to point out that helsinki seems to be getting special treatment while kyiv's desire to join nato goes nowhere. >> we are very happy for our friends in finland. and of course it is absolutely logical steps. but at the same time, it shows the double standard of the alliance because all the world now see how long period of time ukraine decided to go to the alliance but we still have not any concrete answer. >> the finnish people seen largely on board. as nic robertson reports from helsinki. >> reporter: in helsinki, calm as leaders move the nation ever closer to nato membership, a momentous announcement delivered without fanfare by

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bring on today with comcast business. powering possibilities™. is it possible the only thought that comes to mind is... ♪ finally? this is financial security. and lincoln financial solutions will help you get there. as you plan, protect and retire. ♪ maria: welcome back in. don't check your 401(k) right now. stocks continue to sell off it. another tough week the dow ending down for the eighth week in a row. the longest losing streak in 90 years by the s&p 500 the nasdaq down seven weeks, the longest and 21 years for joy to me right now is matson money founder and ceo mark great to have you. it has been painful. how do you see this week and what should you be doing now? are there enough declines that perhaps we are seeing some value yet? >> maria i'm going to deal some of the common mistakes investors make. why the huge ones we see is loading up on tech stocks. people are very familiar with them. that has a lot of behind a site biased and a lot of hurting by desperate people feel comfortable for doing what other people are doing. tech stocks,

comcast business. powering possibilities.™ >>> president biden is sharpening his message against the gop now focusing on what he calls the extremism and dangers presented by maga republicans. >> senator rick scott of florida, united states senator, who is leading the republican national senatorial campaign committee, released what he calls the ultra maga agenda. it's a maga agenda all right. let me tell you about this ultra maga agenda. it's extreme as most maga things are. what are the next things that are going to be attacked? because this maga crowd is really the most extreme political organization that's existed in american history. >> let's bring in cnn white house correspondent john harwood. john, good morning. >> reporter: good morning. >> good morning. what is the strategy behind biden's new language, highlighting what he calls the extremism of the maga crowd? it seems to me he wants to focus on that extremism part, believing that most people in the country fall some where in the middle? >> r

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comcast business. powering possibilities.™ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ >>> welcome back to all of you watching us here in the united states, canada and around the world, i'm kim brunhuber. this is cnn "newsroom." >>> we're tracking efforts to get civilians out of besieged azovstal steel plant in mariupol. russia and ukraine have both said evacuations should continue today but there haven't been any signs of them happening so far. at least 100 civilians remain trapped underground bunkers along with the last defenders. >>> on frid

comcast business. powering possibilities.™ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ >>> our headliner today, stocks were primed for a big pull back, he was right where is the sector heading. welcome back brad gerstner from the conference in los angeles. good to see you. welcome back >> hey, great to be here, scott. >> i always feel like when you're with us, we're either in the storm or trying to figure out when we see the sun start to shine again. i mentioned in the intro, the call in october when you were with us about what you expected to

comcast business. powering possibilities.™ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ > . >>> in our "monica earth matter series, how does one fix a timed bomb. this is at imminent risk of spilling more than 1 million barrels of oils that it halts. the solution is to transfer the oil off the ship offer a period of four months today. they are launching a fundraising effort for $80 million. you can follow me on facebook, instagram and tiktok @jake tapper. if you ever missed an episode of the show, you can listen to "the lead" on our podcast. our

and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ >>> amd -- overweight increased price target to 140. that's upside from here. the firm saying to quote, buy good companies when they're down the stock is down 37% from its peak so is this an opportunity, guy >> well, i never thought it would get down to 85 the stock got cut in half from its all time high seemingly just a few months ago, but you can make a good case for amd on valuation. i didn't think it was going to get down to 85 here we are 105. i think it trades to that 130 level. for the first time in a while, valuation is somewhat compelling and the space seems to have their tail wind back so i agree. >> tim, do you extrapolate this call to chips? >> well, i think you do. i think they're clearly excited by and you should be excited by amd's server, appliance cpu. those businesses, their semicustom business. they're cruising i think a lot of concern around pc weakness has been priced in and

bring on today with comcast business. powering possibilities™. at adp, we understand business today looks nothing like it did yesterday. while it's more unpredictable, its possibilities are endless. from paying your people from anywhere to supporting your talent everywhere, we use data driven insights to design hr solutions and services to help businesses of all size work smarter today. so, they can have more success tomorrow. ♪ one thing leads to another ♪ huck. maria: ♪ maria: welcome back. let's take a look at where markets ended another volatile week. it was a good week. got a newed reading on the strength of the economy with first quarter gdp showing a contraction of 1.5%. that was more than previously reported, and it was worse than expected. joining me right now to talk about all of this is through the cycles president john hon lonski and nancy tengler. great to see you both. thank you so much for being here. well, we knew we were in conning traction mode in the first quarter, john, but it was actually worse than we thought. what doe

bring on today with comcast business. powering possibilities™. jack: inflation fears cause another sharp swing and the fed slows the economy without a recession but what can the biden ministration do to help? joining me is chairman jason furman of the national council of economic advisers. jason, thanks for coming on. >> thanks for having me. jack: there's not a great track record of hiking rates without recession. investors fear we are headed that way. what's your take? >> there is a lot to be nervous about whether we are talking about global events, domestic events or high inflation. i am not that optimistic about how the fed can land the plane softly but over the next year the economy has a lot of strength so my near-term recession worries just aren't that much higher than usual. jack: how high will powell raise rates to tamp down inflation? >> growth is going to be stronger than the consensus, inflation is higher than the consensus right now. as result i think you will need to raise the fed funds rate to four and higher by the end of next yea