liz? liz: blake thank you very much blake burman live, yes folks we're live today because there is so much news and among it we'll take it from the mueller report to credit reports. we're getting all of these numbers in. americans will pay $122 billion in credit card interest alone this year. that's up 50% from five years ago. non-bank lending and it's what some people call shadow banking, also exploding, it accounts now for $15 trillion in assets in the u.s. , up 75% globally, since 2010. jp morgan chase ceo jamie dimon warned about it in his annual letters to investors and specifically he said the growth in non-bank mortgage learning, student loans, leverage lending, and some consumer lending, is accelerating and needs to be monitored so let's tackle student loan debt it of course overtakes some forms of debt except for mortgage debt in the u.s. now accounts for more than $1.5 trillion, subprime mortgage s also making somewhat of a comeback in big bank lending and goldman sachs in essenc

liz? liz: jeff, you know, that was a very fair and balanced report and to show the people outside who are very concerned about this, i know our viewers thank us and we know it's a tough time for boeing either way, boeing still since the first air crash up about five and two-thirds percent we'll be watching all of this, jeff flock in chicago. marvel us opening, with the closing bell ringing in 40 minutes avengers end game smashing, crushing records for opening weekends but as fans lined up in long lines to see the movie at all hours of the day and night, wouldn't it have been nice to watch it from the comfort of your own couch? red carpet homes now will let you do that, but how much will it cost you to watch feature- length brand new movies on opening day at your house in your crib? find out, we've got the ceo exclusively on fox business. en ? i want free access to research. yep, td ameritrade's got that. free access to every platform. yeah, that too. i don't want any trade minimums. yeah,

liz? liz: hillary, this is shock, what the thinking is. when we started covering the 2016 election our reporting indicated that trump could win. we were early out of the box on this show giving that heads up because we were tracking trends. now we're tracking this trend and it is a warning sign for the democrat party. here is what is going on. democrat candidates, visited 115 cities in 20 states in a month. now it looks like bernie sanders is emerging as the front-runner. as former white house chief of staff republican reince priebus agrees what we're seeing in our reporting. that democrats are swinging so far left, so extreme they risk losing to trump by a landslide. >> i think running against bernie sanders or elizabeth warren, kamala harris, i think some of those folks that are out there right now, these nice will have a hard time in wisconsin and michigan and pennsylvania. i don't see that resonating on to have of this, this, you knows universal health care talk and talk about socialism and free everything. it isn't going to work for t

liz: stop. >> sorry. liz: cheating on me. >> sorry. liz: super powering "avengers: endgame" to not only be china's highest grossing foreign movie in its first day ever, it is also the fastest film ever to hit -- >> take those guys off. liz: 500 million yuan. >> right there. hold that shot. liz: hey, where's rocket? anyway, it translates to more than $74 million u.s. wait, before you do that, i have the word blockbuster in mandarin. i'm going to try this. >> how do you say scarlett johansson in mandarin? liz: tomorrow, you will want to keep it here on "countdown." because imax ceo joins me in a fox business exclusive on the big bucks his high tech theater chain stands to rake in in its box office opening. "avengers: endgame" blasting on to screens. i have already seen it. shares already near their all-time high. could they win a new market record for the theater chain? rich gelfond exclusive tomorrow. >> how was scarlett in the movie? is she a good actress? liz: stop it. i like loki. >> what is she? liz: i'm not giving any spoiler alert

liz: who? >> there are a lot of individuals crossing claiming asylum and allowed to stay here, release into the united states. but it's caused is there are so many apprehensions being done and so many people in the holding cells now that now you have a lot of individuals that knowing they're going to get released are just crossing into the united states. and we're seeing a huge number of not just central americans, we're seeing a huge number of people from cuba that are coming. and the word is out. hey, just cross into the united states, they're not going to detain you anyway. so for the president to be doing everything he can, it's very very hopeful and we're grateful for that. liz: democrats are saying that anything the president does about the border is basically anti-immigration. what ewhat's your take? >> i mean i hear it all of the time. i hear it against myself and the individuals that i represent. they say we're anti-immigration. people seem to have a very hard time with understanding t

liz? liz: trust us, the chinese are trying to do the exact same thing so we can't just ignore what is now a different kind of space race. hillary, thank you very much. hillary vaughn. >>> closing bell, we are now 27 minutes away. we are counting down to the closing bell. down about 38 points for the dow jones industrials. still about 119 points above 26,000. what if numbers tell only half the story? at t. rowe price, hundreds of our experts go beyond the numbers to examine investment opportunities firsthand. like a biotech firm that engineers a patient's own cells to fight cancer. this is strategic investing. because your investments deserve the full story. t. rowe price. invest with confidence. craftsmanship and technology that have made the rx the leading luxury suv of all time. lease the 2019 rx 350 for $409 a month for 36 months. experience amazing at your lexus dealer. i that's the retirement plan.e, with my annuity, i know there is a guarantee. it's for my family, its for my self, it

liz: right. right. >> you know, i think it really comes down to something i have been talking about recently, is how social media companies present this information to the world. look at what happened in new zealand. we want immediate gratification so much that things are livestreamed within the second you want it livestreamed. i could turn on my phone right now and livestream anything i want. what if there was a delay mechanism? what if every livestream was delayed 60 seconds and that content was filtered and if it caught keywords or key sounds, a moderator had to go check that stream before it was allowed live on the internet? things like that mass shooting or other events that are horrific like that could be in essence wiped off the internet before they made it into people's viewing stream. liz: well, all of these brilliant engineers who write code and figure out these algorithms can't seem to get that right yet. how does it play into the stocks? we know that for the past year and a half, sinc

liz? liz: we are looking at all of this, and again, folks, you need to stay with me because we have a bunch of headlines coming in right now. number one, oil is spiking right now to five-month highs even in the after-market session, as libya descends into near total chaos. at this hour, battles between the government and this rogue military element run by a warlord intensifying in and around the capital of tripoli. 51 dead, thousands are fleeing the conflict in the oil-rich nation as it threatens to spiral out of control. looking at west texas crude right now, settling the last half hour up more than 2%. right now, it is still right there. no relief there on those prices. we stand at $64.36. >>> meanwhile, homeland security in our nation upended with the surprising resignation of secretary kirstjen nielsen. we will take you live to the white house for the fallout and its impact on the border situation, and we are also hearing that another person in the administration, head of the secret se

liz? liz: okay. okay. we're just keeping our eyes on the wires because there is a bunch of headline here on mexico's foreign minister talking specifically about immigration. so you know the two are tightly woven together, aren't they? >> absolutely. immigration, also the ambassador for mexico in the united states said yesterday that she believes this is all just window dressing. they will not move on the deal that is on the table there, and the democrats need to approve what has been passed here. so mexico saying this is the deal. we've signed off on it. the u.s. should sign off on it too. liz: edward lawrence live from the white house, thank you very much. when we come back, wait till you see the twitter numbers and how this stock is performing. what's really behind it. we're coming right back. the dow is up 130 points. ♪ there are roadside attractions. and then there's our world-famous on-road attraction. if you've never seen yourself in a mercedes, you've never seen these offer. lease the 2019 glc 300

liz? liz: all right, thank you, edward lawrence with the latest really appreciate your reporting there. the mueller report not black and white, no ringing conclusions, no clean bill of health, even would trigger the probe the firing of james comey critics are saying didn't merit much discussion in the mueller report this as the democrats are being criticized for going after the president for demanding things like this his financial records, critics are saying these are the kinds of things nixon was doing when nixon resigned from office going after his political enemies and now former nixon white house counsel john dean calls the report though devastating and says it's more damming juan the watergate report we have former fbi director andrew mccabe saying journalists said the mueller report otto a little bit rated" that's what he used that word, the media fever swamp of trump russia conspiracy theories and bombshells so now this, the trump campaign says it raised over $1 million since the r

liz: breaking news. we have a cliffhanger in the 11th hour in this battle between hollywood writers and their talent agents. midnight tonight, the agreement between the writers guild and the association of talent agencies expires which means writers can fire their agents en masse and empower their personal lawyers or managers to negotiate deals with studios instead of the agents. within the last few hours, fox business has obtained this letter from lawyers for the ata which represents the talent agencies. it was sent to the writers and in essence in this letter, it threatens the writers guild saying that per california law, no one can negotiate such deals without a special california labor license to do so. i have just gotten off the phone with sources who tell me that federal law supersedes state law here and that the writers guild believes it would prevail if the agents were to sue. we've got more on this in just a few minutes, on what could be hundreds of agents out of work tonight. right now, markets

liz? liz: edward lawrence in washington, thank you so much. >>> to the white house, digging in on the house subpoenas for the mueller report. president trump warns he will fight impeachment all the way to the supreme court, vowing to oppose all of the subpoenas for former staff members and present staff members. >> the subpoena is ridiculous. we have been -- i have been the most transparent president and administration in the history of our country by far. we just went through the mueller witch hunt, and they came up with no collusion, and they actually also came up with no obstruction. i say it's enough. get back to infrastructure. get back to cutting taxes. get back to lowering drug prices. that's what -- really that's what we should be doing. liz: while speaker of the house, nancy pelosi had this to say on impeachment. >> i do believe that impeachment is one of the most divisive forces -- paths that we could go down to in our country. but if the fact finding takes us there, that we have

liz? >> liz: thank you, edward lawrence now lets get to claudia on the border with the latest in el paso, texas. >> reporter: liz while it's unclear if or when the president will shut down the border this week the white house announcing this morning that he will head to the border, in california, on friday. the president will travel about 100 miles east of san diego to visit a newly-completed section of the border wall about 30 feet long that replaced a fence that was made of landing mats dating back to the vietnam war. this marks the president's fifth visit to the u.s. border since taking office, his first to this particular area, and he's also working in a fundraiser friday night. meantime, his threat to close the border is causing anxiety for people who live and work in border cities, while experts say the economic impact of an extended closure could be staggering, more than $1 billion worth of goods travel across-the-boarder every day, along with thousands of workers for american and m

liz? liz: thank you very much, susan li. now, why should everybody be confident that notre dame will rise and thrive again? because one of the world's foremost authorities on the restoration of historical landmarks says it can be done. she knows how, she's coming up next to tell you how to do it. >>> back in the u.s., let's get to the markets. the bulls have 8,000 reasons to snort with joy at this hour. the nasdaq at this moment, topping 8,000 for the first time since october 3rd. that index is home to google, netflix, apple, all these other names, qualcomm. it will be able to close above this level, if it does, because we are optimists here, then we start to turn and ask the question what will be the catalyst to push the tech-heavy average to 9,000? to our floor show traders and matt, i don't want to ignore the qualcomm news. can we get the qualcomm stock chart up? because this is no doubt going to definitely propel this market tomorrow when there will not be this horrific litigation between it and apple. but a big spike fo

liz? liz: blake, thanks very much. even if you are not the real estate magnate, there are funds that you can invest in. they are sprouting up everywhere. there's an opportunity zone fund. we will be watching this and get some of those fund managers on our area because -- on our air, because this is the way for the regular individual who is not in real estate to participate and benefit from this what appears to me to be a win for both sides, both for the poorer communities and for businesses. all right. alan greenspan's irrational exuberance, do you remember that, when he uttered that line during the dot com bubble? to the word recession following the burst of both the dot com and the housing bubble, and now one investment bank is warning using the dreaded e word when it comes to the markets. we have the r word recession. we have euphoria, right? that's the new word. rbc capital markets head of u.s. equity is warning that there may be too much euphoria around the s&p 500 right now. so here it is year to date. major aver

liz: indeed. but energy still very much the topic of the day, what with that and of course, the buffett situation regarding occidental and anadarko. alan, give us your sense of that deal and how it plays into the entire picture of what goes on in the energy world, how powerful a guy like greg abel now is. >> it's an amazing deal, as far as the terms go. you can get those terms, it's incredible, 8% return and you've got preferred stock. this company, berkshire, had $112 billion in cash so they are loaning some of that out, getting an amazing return. even if you're not bullish on oil, that's still a huge payoff considering what normal rates are in the market. so i still think there's a lot more upside here in the energy markets, obviously. mr. buffett and his team knows a lot better than i. but looking at the overall markets with this big bounce back that we've seen, i think we want to keep an eye on the iwm, the russell 2000. that index still has a lot more upside potential to catch up to what we'v

liz: hold on. facebook stating in an updated blog post that the issue quote, affected millions of instagram passwords. you know, so wait, just wait. the original announcement made back on march 21st, passwords were never visible to outsiders, right, and that appearing no longer to be the case. >> what could they do? liz: facebook down about half a percent. >> they get into your instagram account. for what? liz: mine's private. to do what? see it. i don't know. my stuff. now let's get to your stuff. herman cain, stephen moore. talk. >> okay. they are seven members of the fed board. there are two vacancies. the fed chairman, jerome powell, selected by trump, obviously, the board members when they become vacant are selected by the president. it's the policy-making committee of the fed, the governing body. it basically votes to raise interest rates, do quantitative easing. it's called monetary policy. it's a big part of the economy, controlling the money supply, okay? he wants to put two guys in there,

liz: thank you jeff. turning to congress, back at work on capitol hill today as top democrats now fear their party is not answering the voters' wake-up call. president trump says the answer is long time ago. it's about jobs and the economy stupid, as james carver once said. breaking news, house speaker nancy pelosi and chuck schumer set to meet with the president tomorrow. they went a trillion dollars in new taxes to pay for infrastructure deals. edward lawrence is in washington with the latest. >> republican and democratic lawmakers back in washington and apparently ready to sit in the same room as the president and talk infrastructure. tomorrow the leadership from both parties will be at the white house. this will be a good test to see if the democrats can move past the investigations and actually work on governing. for democrats it will be able to see if the president can set aside his anger on twitter or that he's shown on twit tore wortwitter towork with them. theth hass no dollar amount set aside to

liz: thank you. you are the kind of person who would understand that and lift off the veil or peel the onions to mix metaphors. one year ago this month was the cambridge analytica data scandal. that now appears, if you look at a year over year chart, to have been a brilliant buying opportunity because the stock is up significantly since then. does that surprise you, and is that a lesson to our investor audience that just when you think a great name is going through an awful time, is the time to get in and buy it. >> you know, i'm not a stock picker because i'm a private investor so thank god, i don't have to go and make those calls. but the thing to focus on is that advertising is a lagging indicator. advertising will continue to grow, it's what's true in magazines, in newspapers, in television, even when the audience is declining. that's because people in advertising keep doing the same thing over and over again until they realize that the audience has gone somewhere else. liz: let's move to tesla,

back out to liz claman with waymo in chandler, arizona. liz? liz: buckle up. we are getting inside waymo. it will be the first-ever televised driver-along with the ceo john krafcik when "countdown" comes right back. liz: okay. so remember in the olden days, the best drives were the e-ticket. we're ready for the e-ticket ride in waymo. i'm with the ceo of waymo in an exclusive ready to do a live televised ride-along in their first self-driving ride hailing business here called waymo. we do have a test driver but she will not put her hands on the wheel. i'm going to press the button that says start. i'm going to do exactly what you would do as what you would have for an actual ride hailing. the car shows up, i'm going to press the start now button. the car doors have locked. tell me what's going to happen. >> the car is going to get ready to take you to the destination you programmed. if you were a waymo 1 rider, you would have the opportunity to choose any of the locations we serve in chandler just like you might with a lyft or uber app and it will take you the

liz: okay. part way back to square one. then we have to glean hopefully more whipped cream off the top of this, right. japan exports nearly everything, because it needs to, but beyond what nations are already trading with japan ex-the u.s., where could we fill a gap? >> in the u.s. terms? liz: yeah. what we sell to them. >> what could you sell to them. well, i think a lot of it has to come in the form of business services, where the u.s. has a huge exporting advantage around the world, and where japan has an appetite but is still behind. japan also has a lot of synergies, to use a bad word, between u.s. pharmaceutical and japanese pharmaceutical companies, between u.s. auto and japanese auto, not the companies themselves but the production of japanese autos in the u.s. so there's a range of high end industries where continued expansion can benefit both japan and the u.s. liz: we have an investor audience. how do they play this? i'm very interested to know your focus because as the head of the ja

liz? liz: thank you, hillary vaughn in capitol hill tonight. ultimately, here is what the mueller report concluded. trump, his campaign, no american committed any crime of conspiracy with russia. the report also says the president could not have obstructed since he did not commit a crime so the presumption of innocence, is supreme but the democrats still muling impeaching trump on 10 obstruction attempts that mueller lays out again mueller finding no obstruction because trump's aids refuses orders and he didn't commit a crime. the president there though forgetting his administration works for the office of the presidency and so do his staffer s, not him. here is the other thing mueller found. the trump campaign sought to benefit from information from russia, but again, no crime or conspiracy. here is what you're not seeing. context, president trump came into the oval office saying the debacle of the hillary clinton e-mail probe at the fbi, the inspector general of the justice department found real bias and going to the top of the fbi. that's wh

we'll be watching all of this. >> miss you, liz. liz: miss you, too. we'll be right back. we will take you back to paris and the situation that is still unfolding. this disaster at notre dame is almost gone. this is the family who booked the flight, ♪ who saved by adding a hotel, which led to new adventures, ♪ that captured their imaginations ♪ and turned moments into memories. with flights, hotels, activities and more for your florida vacation, expedia has everything you need to go. not to worry about changing their minds in retirement. you may have always imagined your dream car . . liz: we need to go back to paris where this terrible news that we have to tell you a french interior ministry official now says firefighters may not be able to save notre dame cathedral at all. we are expecting french president emmanuel macron to speak from the scene of the got thick church. 850 years old. but now consumed by fire. there is an investigation going on. whether it was nefarious start to this horrifying fire, we, we will have to wait to find out but we'll keep our eye on it

liz? >> liz: thank you, edward to homeland security secretary kristen kirstjen nielsen at the arizona border today meeting with border patrol, i.c.e., and local law enforcement facilities there are dramatically over-capacity and one estimate has they're over-capacity by 280 % and thousands of migrants there, president trump will visit at the border in california to have a round table discussion with officials there. let's get right to fox news at the border in el paso, texas. casey? >> liz, talk of tariffs or a partial border shutdown, an entire border shutdown, all of it frankly, has people living in border communities like el paso, texas where we are. very uneasy and watching very closely, because this could have a serious impact on their lives. customs and border protection telling us in fact that there have already been some ripple effects in border communities such as longer than usual wait times on some of the international bridges, and the ports of entry. commercial traffic congesti

liz: wow. breaking news that tesla's self-driving event actually has already begun and news out of the event is just now hitting the wires. i want to get a couple of pieces here for you. in the wake of the battle tesla has had with its lithium battery partner, panasonic, elon musk just announced its new partner for the chips at the heart of tesla's self-driving initiative will be made by samsung. and i am just seeing this as well. tesla and its ceo elon musk are slamming what is called a lidar sensor. that's what waymo uses for its self-driving vehicles. elon is saying that those sensors are quote, fool's errand and any company relying on that is doomed when it comes to self-driving. in typical fashion, elon musk coming out swinging at his investor day event focusing on full self-driving. i'm looking at the stock. it's still down about 3.33% but let us now get back to the rest of that tesla tape we froze for you going into the commercial break. here it is. this is out of china. smoke begins to

liz? liz: thank you, hillary vaughn appreciate it. to your money, investor jitters on trade and growth sparking a sell-off today, gerri willis is at the new york stock exchange with the latest. gerri? gerri: with the negative day on the markets today the dow fell 190 points s&p fell 18 and the nasdac was down 45, and behind it all, trade concerns resurfac ing yet again and investors bracing for the start of what likely be a contraction in eps for the first quarter we'll be watching all of that beginning friday and under armour shares also lower today the stock down after a survey reports show the company is falling behind nike and adidas in customer appreciation they are number five in basketball brands seventh in casual wear and sixth in running this is the second year they have fallen behind nike and adidas so big news for them that stock down, liz back to you. liz: thank you, gerri next up, a deadly invasive superbug fungus is quietly spreading around the world. coming up why governments here keep you in the dark about these outbre

liz? liz: edward, keep an eye on the facial expressions. dismay, happiness. it's like the emoticons here. thanks so much. >>> while china trade deal optimism cannot protect the markets from getting knocked around, goldman sachs analysts are putting a shield around 17 individual stock names they say will surge more than 60% or more over the next year. get your pencils out. top of the list, this is a head scratcher, but hey, goldman has a reason, troubled california utility pg & e which goldman thinks has an -- sorry, this is freaking out my eyes -- 111% upside. yes. pg & e. also on the higher end of the list, netflix with a 79% upside, freeport mcmoran, 75% gains can be expected. tapestry, up 72%, they believe. noble energy and tiffany they say have a chance to jump 69%. rounding out the list of names, american airlines, l brands, anadarko, fed ex, insight. should these names or others be on your buy list this year? straight to our traders who have been watching all of this at the new york

liz? liz: all right. i'm getting it, blake. i just got the readout. apparently the president did address very briefly his choice for federal reserve. he was saying many presidents haven't done a lot of things they should and then he blurted out maybe we should have a different federal reserve chairman who didn't raise interest rates. reporter: yeah. liz: i believe when that hit the tape, the dow once again turned higher. we are up about ten points. go ahead. reporter: speaking of the fed, i asked president trump earlier today when he left the white house about herman cain and the criticism that is coming from republicans in the senate. those republican senators who will determine the future as to whether or not herman cain when he is eventually nominated makes it on to the federal reserve board of governors. the president said that herman cain will make that determination. so he's throwing his support behind herman cain but also signaling that it's a choice for herman cain going here on forward as to his nomination and his status. liz: blake, thank yo

liz: larry? >> yes. liz: we have more headlines coming through. the libyan government, one of the officials there saying confirming that forces loyal to a warlord that has taken control of eastern part of the libya military, have taken control of the former libyan national airport. this warlord is a u.s. citizen. he is is trying to take control of the government, overthrowing it. oil is spikingwhat do you see next few weeks? >> more of the same. venezuela said they would reopen the biggest field. haven't been able to do it. this is a big deal. [closing bell rings] liz: forces loyal to libyan government have retaken it. the vix falling to a six-month low. have a great weekend. melissa: the dow, nasdaq, closing at new 2019 record highs. all three major averages ending the day and the week in the green. on the u.s. china trade optimism and strong march jobs report. the dow extending gains for the third day in a row. right now president trump is on the ground in california hosting a roundtable with border security officials before heading to tour a ne

>> reporter: hi, liz. elon musk today touting self-driving cars and predicting they'll hit the streets next year along with a fleet of robo-taxis, providing a road map to the future amid rising concern about the company's current sales and profitability. musk saying the future is at hand, predicting tesla will get regulatory approval for the new taxis sometime next year. >> like a combination of maybe the uber and airbnb model. if you own the car, you can add or subtract it to the tesla network, and tesla would take 25 or 30% of the revenue. in places where there aren't enough people sharing their cars, we would have dead the candidated vehicles. >> reporter: -- dedicatedded vehicles. >> reporter: he said he's -- he's aha models are hardware-ready. you mentioned the stock under pressure today. a video from china out sunday showing a mold el s appearing to catch itself on fire. tesla is investigating that incident. and today a wall street analyst telling clients to sell the stock. apparently listening, down

liz: he loves the market. >> can i have my ball back? liz: final four ball back. s&p a and nasdaq pulls off a win. now time for "after the bell." connell: stocks mixed as you see into the close. the dow ends lower. down 80 plus points. the three-day winning streak for the dow went away. most of that was walgreens, a little deceiving. the company reported a second quarter miss on earnings. it also slashed the full year outlook. rest of the market looks okay. i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." fighting for gains at the close there. the looks like it will close positive. positive territory for the fourth day in a row, marking their highest close of the year. more on the big market movers, here is what is new at

liz: oh, yeah. stuart: be clear. liz: main line it. stuart: i get into the office at 4:00 in the morning. i brew a pot of coffee. it is gone in an hour. >> liz: everybody get out of the way, katy-bar-the-door. here comes stuart. stuart: i'm not that bad. liz: see you off coffee. stuart: i will change the subject. democrat lawmakers rejecting a plan to give free tuition to gold star families. they have no problems giving tuition money to illegal immigrants. what a contradiction. dan crenshaw is slamming colleague ilhan omar for her 9/11 comments. some people did something, is what she said. aoc jumped to omar's defense and attacked crenshaw. she will tell you what she said after this. ♪ you wouldn't accept an incomplete job from any one else. why accept it from your allergy pills? flonase sensimist relieves all your worst symptoms, including nasal congestion, which most pills don't. and all from a gentle mist you can barely feel. flonase sensimist. stuart: okay, we've lost some of the rally. we still got a rally. we're up .7%, 184 poi

liz, back to you. elizabeth: now to developments in the biggest college admissions cheating scam in history. a key figure just pleaded guilty in boston federal court. fox news' rick leventhal has this story. rick? >> reporter: good evening, liz. marjorie dell is likely going -- mark ridell is likely going to prison. he arrived to to the federal courthouse just at one p.m., he did not answer shouted questions, and then he headed to courtroom 4 where he pleaded guilty in front of judge nathaniel gordon. admitting his key role in the admissions scandal, literally the brains according to prosecutors. either taking the exam himself or acting as proctor for kids and then fixing their answers when they were done. the government says ridell did not have inside information, he was just really smart and could get a near perfect score on a.c.t. or s.a.t. tests on demand. he admits doing this for seven years, collecting $10,000 per test, even purposely leaving some answers wrong to avoid suspicion. he has been sus

liz would know the detail. but major figures from all over the world contributed to the rebuilding of that basilica which was really a piece of the world's patronmoney. i hope when it comes to rebuilding notre dame, whether all of us might want to take some role in helping the church of paris rebuild this extraordinary place of truth and goodness and beauty. >> liz, we were mentioning before that there are many times in the past where this cathedral had fallen into great disrepair. and in fact, at times, it seemed to be almost irredeemable. but they've had major restorations. major renovations. it's hard to even wrap your head around right now, so early into this, just a few hours after the extent of the damage that we're seeing. but you can rebuild. you can come together as a world community, as a church community, as a city. we've seen it in the past, have we not, liz, and rebuilt? >> yes, i've been thinking about the st. paul's outside the walls precedent ever since i looked at that fire, remembering that th

let's get back to rnc spokesperson liz harrington. liz, has the president done enough? we heard from john, the economy is humming along very well, thank you very much. if we can get these trade deals done especially with china, that could be the next leg up. >> absolutely. we are going to get better trade deals just like president trump promised and look, just because the media chooses not to cover the booming economy on other networks doesn't mean it's not happening and doesn't mean that the president isn't out there talking about it and he's going to minnesota today for a roundtable, to talk about the incredible tax cuts and what's happened in our economy, just like you were saying home ownership is up again, people are buying homes. the american dream is back. wages are rising for the first time in a decade. actually, for the lowest, the bottom 10% of americans, they are seeing the biggest wage growth at 6%. so that's all great news. the president continues to talk about it. ashley: and he should. it's a big issue certainly for 2020. liz, thank you so much for joinin

liz: whoa. stuart: 4.08% on the 30-year fixed-rate mortgage. liz: stunningly low. stuart: it sure is. market watcher jim awad is here. i say that is very good news. >> it is very stimulative for the economy. the lower interest rate structure we seem to be locked into for now will help everything from auto sales to appliance sales to home sales. it's a definite plus. while i don't expect rates to go lower from here they will probably not go higher from here. this will be a permanent stimulus for this year. stuart: you didn't see this coming, did you? i didn't. >> the whole turmoil in the financial markets in december, it was a shock to the system. i think fed and markets responded quickly and efficiently and appropriately. i think rates both short and long term are about where they should be. stuart: you see the monitor up there. the dow is up 137 points as we speak. >> yep. stuart: chinese vice premier meets with mr. trump this afternoon in the white house. is that why the stock market is up? >> i think the markets are expecting a deal. there is probably a little f

but look, ash, liz, there is a shortage of oil. liz: yeah. because of libya unrest and venezuelan unrest. stuart: what's happening in libya? liz: civil war is breaking out so there is concerns there. the uae and saudi arabia is going to step in. assi stuart: okay. ashley: there is a squeeze on oil right now. the saudi arabians and uae can make up the shortfall. stuart: $3 a gallon gas. that's my prediction. we'll be right back. heading into retirement you want to follow your passions rather than worry about how to pay for long-term care. brighthouse smartcare℠ is a hybrid life insurance and long-term care product. it protects your family while providing long-term care coverage, should you need it. so you can explore all the amazing things ahead. talk to your advisor about brighthouse smartcare. brighthouse financial. build for what's ahead℠ brighthouse financial. you wouldn't accept from any one else. why accept it from your allergy pills? flonase relieves your worst symptoms including nasal congestion, which most pills don't. flonase hel

liz: hi, i'm liz jones. nice to meet you. lemonis: liz, marcus lemonis. -patrick: hi -- patrick. -liz: nice to meet you. patrick: how are you? my name is patrick dilascia. our brand is called dilascia. we're a family company. my brother and sister work for me, which most of the time is great. [ laughter ] the brand kind of started off as t-shirts, and it just kind of grew really quickly. then marcus challenged us to do more of a collection, which is what we have here to show you today. so, this is our basic v-neck, which is made out of bamboo with a little bit of rayon and spandex in it to give it that soft feel. liz: oh, i like the little airplane. -brooke: oh, very cute. -patrick: yeah, so that's kind of, like, our brand identifier, with the airplane on there. -liz: that's very cute. -patrick: thank you. liz: and what would the retail on this be? patrick: this would retail for $60. liz: okay. i like that. -brooke: very of the moment. -liz: yes. patrick: then, this is our slouch hoodie. it's longer in the back, shorter in the front. we like to do a couple things that make it mor

liz: you make an important point. by the way, we're also counting at least a dozen things that the president has tried to do to fix the border problem. still nothing from the democrats even though they promised that in the government shutdown deal that they would work on the border. what's your take on that? >> well, again, they are now a majority in the house of representatives so, you know, you have the obligation, that's what newt gingrich used to tell us when we won the first majority in 40 years when i was in congress is once you have a majority, you have an obligation to try to work with the president, in that case, we had a president from the other party. so yes they have an obligation, but republicans have voted against goodlatt last year they look kind of two faced because they actually -- republicans had it all last year and voted down the border bill that the president supported. we wouldn't even be here today had they passed goodlatt a year ago. so both sides again the american people are sort of thumbing

liz: you're right. there was a positive sentiment for ipos in general when we saw lyft beating uber to the punch. stuart: sure. i hope it's not another facebook. >> they are losing $1 billion trying to coattail uber which they have done successfully. uber is fighting a lot of these legal battles and lyft is filling a niche but they are hemorrhaging money right now. they wanted to take the money and disappear. this stock is going down. stuart: keith and jeff have been bashing lyft. it lost another 1%, now down 7%. you guys have moved the market down. you know what you're doing here? all right. >>> last thursday, mortgage rates came in. around 10:00 eastern time, got the latest mortgage rates. 30-year fixed down to 4.06%. i've got to believe that's a shot in the arm for housing, isn't it? >> it is. housing needed a shot in the arm. this will help the market. unfortunately, i don't think it's going to help the housing market long-term but for now, it's what we needed. you will see a lot of people who haven

liz: yeah. the thing is, what they're looking for is material differences between the barr report and what the report that's coming out with today. if it looks like it will hurt the president, it will hurt the market. ashley: they are looking for one line they can latch on to. they lost the collusion. now they will go after obstruction. they will try and create an appearance of a coverup, as you mentioned earlier, cnn, coverup. that's what they're going to try to do. all of this is noise to the market unless, to your point, there is something in there that suggests that maybe this could be a problem for the president. liz: if mr. mueller has to testify. because they are calling for mueller to testify. so the story is not over. stuart: forgive me for getting another dig in at cnn. ashley: food network? stuart: it was the clinton news network and still is. lou dobbs and i were the founders primarily of their business department, and now more people watch the food channel than watch cnn. that's wha

liz, thank you. liz: sure. stuart: verizon announcing plans to expand its 5g service all across america. it just named 20 more cities where customers will get 5g this year. they include, atlanta, boston, cleveland, dallas and san diego. >>> senator cory booker says he will pick a woman for his running mate. more identity poll tickets from the left? is that what it is? we'll tackle that one in our next hour. >>> kim jong-un, vladmir putin, summit meeting today in russia. is kim reaching out to putin because he is desperate for relief from u.s. sanctions? that is a decent question. we'll answer it too after this. ♪ stuart: we thought you ought to know. it is still 250 point loss for the dow industrials. but we are at 26,347. >>> you russia's president putin met with north korea's kim jong-un today. welcome, harry kazanis. harry, is this a sign america's sanctions are working on north korea? >> at some point north korea could run out of foreign exchange reserves. their economy is contracting. kim jong-un has a p

liz: it's really about apps, too. in other words, whether people will be comfortable with your weight information, diabetes information, on some silicon valley app. just being blunt. it's about your private information with app developers. >> that information in the hands of the wrong people could destroy someone's life. i love amazon, i have liked them for a long time. i think they are rushing into this. it's a bridge too far. i think cybersecurity is a major issue. alexa does not have a good track record with not speaking when she shouldn't speak. i don't want jeff bezos, as much as i think he's a visionary, i don't want him to know my personal health issues. ashley: we will leave it on that note. look at the big board. down 152 now on the dow, gaining a little more, 26,270 on the dow. >>> downgrade for ge. that stock off the highs, is that 6%? 62 cents, $9.39 for ge. we did have an upgrade for snap. that should work in the opposite direction and does, up nearly 6% on snap. 70 cents at $12.55. don't forget about tes

i'm sorry, liz. that ad, that first ad, that first impression ad that they ran today, i thought i was watching an ad about venezuela or walking into a haunted house. it was so dark and negative. what was the thought behind that? and is that a mistake, or is just the one off and they will move forward with something a little bit more positive? >> you know, there was a debate within the biden campaign, my sources tell me, about which video to use. i think they had two duelling videos. this one -- there was some talk at one time that joe biden would be going to charlottesville, virginia, the site of the 2017 clashes between ultra white nationalists and those opposing them. we all remember what the president said at that time that there were good people on both sides. there was some thought that joe biden would go there. but instead he put charlottesville right at the top of his video, and he took it to donald trump, very critical of the president, saying this is why he's running this time. is that a goo

coming up, liz young of bny mellon. live from new york, this is bloomberg. ♪ ♪ alix: technology shares hit a record despite shrinking profits, weak outlook, and compressed margins. mega bondco's offering. the saudi oil minister says the offering could be $30 million. and inching closer and closer. larry kudlow guardedly optimistic as the u.s. and china make headway on issues surrounding tech, id theft, and sharing intellectual property. david: welcome to "bloomberg daybreak" on this monday. headn't have the same of homeland security as we did before. alix: there's been yet another leadership change at the white house. homeland security secretary kirstjen nielsen will be leaving her position. the current u.s. customs and head willtection become acting secondary. basically the next year and a half is solely going to be about president trump running for 2020. david: that is correct. alix: that is why this is all happening now. at what point do we really see any sort of supply chain issues? you see those lines of trucks

. >> reporter: that's liz smith, the director of nursing at franciscan children's hospital in boston. liz had been trying unsuccessfully to start a family of her own. >> i thought my door to motherhood had closed. >> reporter: liz knew this could be the second chance at a family that she and gisele both needed. so she took in the baby as her foster daughter, knowing it might not be forever. >> that was hard because there was a lot of unknown, but what i did know was that she deserved every ounce of love i had to give her. >> reporter: but then liz got the news that she and gisele had been waiting for. her adoption, finalized. liz getting to hear the one word she always hoped for. >> she calls me mama or mum. >> no, mama. >> sorry, she calls me mama. >> mama is right. we thank them for sharing their story. we thank you for watching. "gma" first thing in the morning. david muir is right back here tomorrow night. i'm tom llamas in new york. have a great evening. good night. . >>> stanford is taking action against a student who the school says was involved in the college admission scandal

liz if. liz: i'm putting my thumb out here. the proverbial thumb will be the app. this isn't will be, it is happening here in chandler, arizona. i know you know this, charles, you have passed on to your viewers what a huge developing to autonomous driving has really become. this is one of the chrysler pacificas that waymo has already on the roads. we've seen at least four of them already go by this morning here. we're parked outside the chandler library we will be taking off in the 3:00 p.m. eastern hour, live. we will show people how paying riders are going through this. this is the driver's seat although there is no driver. there is a test driver for now, but they do not touch the steering wheel. can you see that, doug? do not touch the steering wheel. that will make the car automatically pull over. so far, they have completed more than 10 million-miles on the road. and they have also completed hundreds and hundreds of these rides. what i find really fascinating because we're a business channel is, this is already a business in that they're taking money from pass

phil was t the husba o of liz mcmcalister. liz is his widow. daniel berrigan and four others poured blood on it or had - -- warhead in pennsylvania. i asked father berrigan about this during an interview i did with him in 2006. >> we went in with the workers at the c changing of the shiftfd found there was really no secucurity wororth talkiking ab. very easy entrance. in about three minutes, we were looking at doomsday. the weapon was before us. it was an unarmed warhead about for itsipped to texas payload. so it was a harmless weapon as of that moment. we cracked the weapon. it was very fragile. it was made to withstand the heat of reentry into the atmosphere from outer space. it was like eggshell, really. motto theen as our great statemement of isaiah, thy shall beat t their swords into plowshares. so we did it. port our blood around it. we stood in the circle. i think reciting the lord's ,rayer until armageddon arrived as we expected. amy: that was the late father daniel berrigan talking about the action they took act in the 1980's during th

liz ann, great having you on schwab's liz ann sonders >>> i think as ann said, if the administration is right and 3% growth this year, which kevin hasset this morning doubled down in the survey, you don't cut basis points 50 points if joe is in that camp with, if the administration is right about this, you talk about transparency they ought to be answering both sides of their equation. on the one hand doing 3% on the other hand a 2% fed funds rate >> i don't think we'll be at 3% growth for starters but you could argue because the fed's cutting and because they're lifting financial conditions, that's why you get 3% growth you get there because of easier monetary policy. >> can i just point out the last 30 years before every recession you've had a fed funds rate above 5% and a fed balance sheet that's one quarter the size it is right now i think the fed is looking at this and saying, if we cut too early, japan, the last 30 years, looms out there. i think large in their head. >> yeah, it's way too complicated. this is about the inverted yield curve. how do we fix the inverted yield curv