>> joe: i know. >> a.j.: he signed mike trout he should have a lifetime contract. >> joe: life isn't fair, a.j. espinosa strikes out swinging and a 1-2-3 eighth for blaine boyer. see if the red sox have a rally in them. down 5-1 in the bottom of thein) eighth. life life life lifeht ♪ top speed fifty knots life ♪ on the caribbean seas ♪ it's a champagne and models potpourri ♪ on my yacht made of cuban mahogany ♪ gany, gany, gany my computer just died! i may be dead, but let me tell you one last thing. get the new ipad pro! it has the powerful a10x fusion chip, so you won't miss me at all! thanks ghost computer. whoops, forgot my power-cord, coming back down. ♪♪ ♪ sometimes you want to go. ♪ ♪ where everybody knows your name, ♪ ♪ and they're always glad you came. ♪ ♪ you wanna be where you can see, ♪ ♪ our troubles are all the same. ♪ ♪ you wanna be where everybody knows ♪ ♪ your name. ♪ ♪ ♪ you might not ever just stand there, you may never even sit in the

joe. -joe t.: yep? lemonis: come here, bud. if joe can't have a conversation with somebody without erupting, he's never gonna grow professionally. i told you when i came back for the opening that i was super proud of what you did... joe t.: thank you. lemonis: ...and that i felt like you did all the work. i don't think you ever felt like i didn't give you that credit. joe t.: no, of course. yeah. -lemonis: okay. -joe t.: okay. lemonis: the only thing that's missing is your ability to absorb information from other people. because i think it'll -- honestly, i think it'll help. it'll make people feel like they can approach you. joe t.: but i've never done business with anyone who feels that i'm unapproachable. i do well with relationships. lemonis: but let's assume that we can work on it. joe t.: but, yeah, as long as you don't stick your foot out to trip me, we'll keep moving, but don't try to trip me up. lemonis: but he may even do that. joe t.: then we're gonna go to war. lemonis: no, you don't have to go to war. what you have

that's joe jackson." >> steve certifies the autographed shoeless joe picture and the entire 60-photo collection is real. >> it's one of the coolest things i've ever handled in my entire life. >> even better news for the bowen family -- he grades the signature a 9 out of 10 in quality. he also rates the other signatures at either 9 or 10. after more than 100 years, the photos frank smith took at the cleveland naps spring training are about to make their public debut. >> it's also very exciting to reach out to the bowens and -- and let them know that we're gonna be able to sell it on their behalf. >> this is a biggie -- 1911 "shoeless" joe jackson signed photograph... >> yeah, live auction is always a lot of fun. >> beautiful. how 'bout it? >> $30,000. >> $30,000 now. >> it was very exciting. >> have you ever seen a photo like this? >> that's next. what's your strange inheritance story? we'd love to hear it! send me an e-mail or go to our website... i got a mortgage offer from the bank today. whuuuuuat? you never just get one offer. go to lendingtree.com and shop multiple loan offers f

-joe: how are you? -brad: i'm doing well, joe. -joe: welcome to hard rock. -alex: how you doing? alexander murrell. nice to meet you. brad: thanks so much for having us. it's been awesome being able to really see our products come to life in your facility. joe: who helped you with the artistic imaging of this? do you have people on staff? brad: yeah. we have a full design team -that's awesome. -alex: and they're good. brad: yeah. they're really great. joe: how many people are in your staff? alex: we have a total of 80 employees. joe: excellent. so, these are all made in your shop? -alex: yes, sir. -brad: yes. everything's made in our facility in allentown, pennsylvania. joe: so it's all american-made. brad: i mean, they really do a fantastic job. definitely high-quality. lemonis: you guys want to start from the front door? brad: what you'll notice is that every piece that we have displayed, not only we tried to fuse it with some artistic elements but also make it functional, so these art pieces that you see on the wall here, this piece was designed as a back-lit curved pendant pa

joe: absolutely. he definitely trumpeted the numbers -- i think he said three children dollars in stock market cap added, about what -- $3 trillion in stock market cap added. those transfer in place before he got elected and it is a continuation largely of them. nonetheless, you heard him in those, citing the momentum as evidence of his early accomplishments. julia: "trumpeted" was a nice word there. he is also confident he can get the health care bill this summer. the quick comment at the end of james comey testifying on thursday, and donald trump said, "i wish him luck." joe: you see markets a little bit lower, but let's get more on where the major averages stand. abigail doolittle is standing by. we are looking at very small the kinds for the major averages a second day of small the clients. half an hour ago, the three major averages it line ever subjected climbed ever so slightly higher, but as -- major averages did climb ever so slightly higher, but as trump was speaking -- we have big 7.5%s in t

joe, you are up first. joe: hello. we would like to know, the house armed services committee is set to markup the national defense authorization act next week. can you tell us, what is in the bill and what is the top line for defense? rep. thornberry: last fall, the speaker asked us to look at what amount of spending was needed to fix the mounting problems we were seeing in the military, planes that could not fly, ships that could not sale, ground units that have to take people out of one and put them into another in order to deploy, and the number we came up with was about $640 billion for the next fiscal year. president trump won election. he talked about a 355-ship navy, a variety of other things. we still think an appropriate next year and a next yea , that is the number we are proceeding with in our markup. it may be at the end of the day, there's negotiations and we don't quite reach there, but our committee does not believe that we can continue to put band-aids on the situation when we have so many problems with

i watched joe's son jack grow up. and i always have this yearly banter with him about trying to get a secret, you know, out of jack saying, hey, give me -- tell me something that your dad is doing that i don't know b about. jack would say, i'm not telling you anything. i'm not giving you any information. when you know somebody's kid, somebody's spouse, you play baseball with them, you see them at the gym and you talk to them there, it's different. when you see that person on the committee level, i wouldn't think of being harsh to joe barton no matter what we may disagree about politically. i feel like he's a family friend. there is so much pressure on members to get home after the last vote. you see us running to national or, to you know, to dulles to get on planes because we're not allowed to stay here because then we've gone washington. you know, we have to be back home in our districts. and the things that used to bring members together, whether it's travel, that's frowned upon. if you belong to the gym, they think

joe: i am joe weisenthal. first news, what did you miss? : tech stocks getting slammed on heavy volume. have we seen the top in big cap tech shares? learning to expect the unexpected. u.k. election results leave investors with few clues on how the pound will trade in the near term. . deadly drug epidemic the fda is taking its first steps to address the opioid problem. what this means for drugmakers, coming up. julia: welcome once again. where the a look at major averages stand as we head toward the close. abigail doolittle is standing by. abigail: after several days of not really having big moves, today we have very big moves and lots to talk about. first, the nasdaq down in a big way. all of these averages had intraday highs. dow on track for a record close, but the nasdaq down sharply, on pace for the worst day since the record of last year. the turn lower started around noon, and it appears there is a momentum shift out of tech into financials. we will be getting more on that in a moment. all500, nasdaq, nasdaq 100 on pace for weekly dec

all new this morning we are now hearing from msnbc's mek mick and joe scarborough. he went after mika brzezinski for allegedly having a face had lift. >> he's so easily played by a cable news host. what is that saying to our allies? what is that saying to our enemies? that this president is so easily played. >> we don't even know how to respond to this as a kcountry. we don't know how to deal with this guy. >> that guy is not done dealing. our scott mcgrew will dig deeper into this issue in about ten minutes. he will explain how the president is responding this morning within the last half an hour. also take a closer look he at the op-eds mika and joe wrote. >>> the fourth of july weekend is here. people will be celebrating barbecues and fireworks shows, it is one of the busiest for firefighters and first responders as well who are called to fires and injuries caused by illegal fireworks. >> it is that balance between celebrating and safety. pete suratos in dublin with the information you need to know if you want to light your fireworks legally. pete, good morning.

part of that is that, you know, mika and joe are part of the media. we as the media are not particularly very popular either. if it were someone like, you know, maybe pope francis or, you know, someone from the little sisters of the poor, someone like that who has no association with the media, it might be a different sort of reaction, a different sort of pushback. for right now -- >> easy target. >> yeah. >> is there strategy there? do you think it's strategy or an impulse with this president? you have written about men and women and watched him and interviewed him. was there a strategy behind this? >> i don't -- honestly, i mean, i'm speculating here. i don't think there was a strategy behind this. you know, i mean, if you watch "morning joe" for any period of time, it is volatile against him. and you know, so what? but you know, he has shown that he has a thinner skin when it comes to something like that. it may be that he hasn't watched it and someone whispering in his ear saying, hey, hey, they're ripping on you over there. you need do something.

joe: an im joe weisenthal. towards thestocks final close of the week. joe: but the question is -- "what'd you miss?" where do republican senator's compromise to get the obamacare replacement bill passed? and we look at how financial markets have responded to brexit negotiations and how tax innovation and global inequality are correlated. some interesting data to draw conclusions. you a look atet where the major averages stand. abigail doolittle is standing by. you, joe,riday to scarlet, and all of our viewers. the dow is down ever so slightly, being weighed down by home depot. that's an reaction to the better-than-expected home sales, but we have the s&p 500 slightly higher. the nasdaq is on its third update in a row. all three major averages are on pace for their third weekly gain. and then take a look at the russell 2000. into the bloomberg and take a look at the s&p 500 weekly sector composition. 3%.op health care up and not surprisingly, energy is down in oil. let's look at some of the biggest recliners, drags on the s&p 500. oil is down sharply on

jacke watched joe's son grow up. i always have this yearly banter with them about trying to get a secret out of jack. i say, tell me something about your dad or a jock ali says, i am not giving you any information. jack will always say, i am not giving you any information. when you know somebody, you play baseball with them, you see them at the gym, it is different when you see that person on the committee level. i would not think of being harsh barton no matter what we disagree about politically because i feel like he is a family friend. on us to such pressure get home right after the last vote. to stay herelowed because that we've gone washington. we have to be back home in our districts. the thing that used to bring members together, whether it is travel, that is frowned upon. if you belong to the gym, they think that is a perk you should not have. all the chances to interact with each other outside of our suits and out side of floor debate is few and far between. he and ight, when first got here, there was not so

joe: let's talk about the brand now. hathaway, warren buffett specifically talk about the brand and how you can spend years building it up and destroy it. hcg is the brand value of given the recent trouble? >> i think there's no question that the brand value of hcg has byn negatively affected this. thebrand value actually of canadian alternative mortgage market has been negatively affected. remains to be seen whether we can recover the brand value. you, even before we with berkshire hathaway we were seeing very strong return to our deposit flows. we expect that with this stamp on us, that should improve dramatically from there. going to be, are we an hcg brand. i can't pick late -- i can't speculate. hcx goingodel of forward. do you have more liquidation plan. point have you done enough on that front? >> we have a number of that are in process as i said. we're definitely looking over next 45 days the to execute on a couple of transactions that would in addition to the mortgage sale withaction, we announced kingset this w

. >> joe: now he's got to deal with john jaso with the tying run on. one of those three runs came again reed last weekend to tie the game in pittsburgh. he takes ball one. they trailed in the ninth innin inning, jason according to his third home run of the year and then won the game in extra innings. >> a.j.: his first hit off a lefty in a really long time. first on all year and he goes back to last year for john jass jasso. >> joe: he's on the pirates that he did office they have quietly stayed in the race in the central prehad its low ball three. the problem here for terry collins is yes, reed is struggling, where do you go from here? >> a.j.: there's nobody that's going to be up. there's no help for you, it's just you. >> joe: he's doing his best to help his pitcher out. >> a.j.: they both had words for stew after the last pitch. they both called thought it was a strike and he called it a ball low. surprises me he was swinging after the argument that just ensued after the last pitch. you must want to take one right there just to see if there's a rea

joe? >> i don't know. i would rather eat -- >> i think he said something before the show that really kind of summed it up. >> uh-oh. >> you know what you said. >> what was that? what'd i say? >> it's like -- >> oh! oh, yeah. >> like kids mess in their pants and saying i meant to do that. >> well, yes, it would be like somebody pooping their pants and people looking at it saying that's modern art, don't you understand? i am making a statement against russian aggression in crimea. and so this is my statement. and if you don't get it, then there's something wrong with you and not me. >> thank you, spicy. everybody knew what it meant. >> you feel i'm going to make another statement and i'm going to sit down in my pants and it will then be modern art and i will hang it on your wall. and if you don't -- >> that's what covfefe, if anybody wants to know, that small group knows what covfefe is, poopy pants. >> the problem is with you all, not the person that does it. >> oh, my god, how low is he go

joe: i am joe weisenthal. we are 30 minutes from close of trading in the u.s. >> u.s. stocks in the red for the second day running. joe: the question is, what did you miss? scarlet: not rated by the apocalyptic. shares of electronic companies dropping. congress confronts sessions. he will appear before the committee tomorrow, but will his refusal to discuss the president add more confusion to the mix? board relieving the head of business, but will this be enough to address the company's string of scandals? let's take a look at where the major averages stand as we go to the close. abigail is standing by. abigail: today, the bears are in control. we have declines in the three majors. they are all lower, but off of earlier lows. the nasdaq had been down 1.6% so we feel a little bit of relief whenthe hard-core selling the nasdaq closed 1.8%. the first down day for the doubt in four days. the biggest two-day slide since september. nasdaq on pace for its biggest life since last year -- slide since last year. let's l

[cheers and applause] [applause] joe crowley. >> [applause] joe donnelly. >> [applause] mike doyle. jared huffman. >> [applause] hakeem jeffries. >> [applause] >> daniel kildee. >> [applause] [cheers and applause] >> bill pascrell. >> ed perlmutter. polis. >> [applause] >> cedric richmond. >> [applause] raul ruiz. >> [applause] >> tim ryan. >> linda sanchez. >> [applause] marc veasey. >> [applause] >> eric swalwell. >> [applause] >> ladies and gentleman, please rise. [applause] >> please rise for "the star spangled banner" and "god bless america." >> oh say can you see by the dawn's early light what so proudly we hailed at the twilight's last gleaming whose broad stripes and bright stars through the perilous night o'er the ramparts we watched were so gallantly streaming -- and the rockets' red glare the bombs bursting in air gave proof through the night that our flag was still there o say, does that star-spangled banner yet wave o'er the land of the free and the home of the brave. [cheers and applause] >> god bless america, land that i love stand beside her and guide her through the

joe: i am joe weisenthal. if you are tuning in live to twitter, we want to welcome you to our closing bell coverage. scarlet: we begin with market minutes. the dow and s&p retreating, pulling back from record highs made yesterday. offaq, the lead reporter, to the downside 0.8 percent. alas is intensifying its trading came to a close, with indexes finishing at session lows. in terms of industry groups, we have been talking about the drop off in oil prices 10 minutes ago. energy stocks among the big decliners, off by 1.2%. four industry groups losing more than 1%. a sizable move after a period where many did not move much. joe: especially around securities. scarlet: discretionary contains retailers. amazon announces it will enter the subscription business with retail apparel. that is of concern to retailers. rig off of individual, by the most -- the lowest since almost 1995. the drop today, 2.4% in tandem with falling oil prices. at the lowest level since 1995. comcast has its worst day since february of 2016. c

come on, joe. just pick up the phone and call him. >> it's blackmail. >> and let me explain what they were threatening. they were calling my children. they were calling close friends. >> you're talking about "the national inquirer". >> they were pinning the story on my ex-husband, i knew he would never do that. so i knew it was a lie and they had nothing. these calls persisted for quite some time, and then joe had the conversations that he had with the white house where they said oh, this could go away. >> i just want to be very clear here. >> the national inquirer is harassing your children, your daughters, two are teenagers? >> yeah. >> and then joe in turn is getting calls from the white house -- >> by the way, they're also -- i was at mika's house for a few minutes, and came out, and there was a guy in a van that was just staked out there watching. it was clear that he was from a tabloid, and he started asking questions. and then after all this started to happen, that's when we started getting

joe: i am joe weisenthal. thanks for tuning in on twitter. we want to welcome you to our everyg bell coverage afternoon on twitter. scarlett: stocks not making much of the move today after closing at record highs. by 10sdaq moving south points. in terms of individual movers, that is where we are going to go because it's more interesting there. we begin with para go. because it isded facing structural headwinds from erosion pricing and market share pressures. para go down by 2%. staying with health care mallon cropped down by better than 5%. and buffalo wild wings, the shakeup will not be enough to shake it out of its funk. the ceo announced plans to step down because there was a feud between management and activist investors. and of course we need to mention apple shares. apple is a lag are today. this is the worst day since may 17. nevertheless, the announcement made at the conference boosted a medical device maker, it's best day since march 24. investors bidding it up. appleypal up .5% because announced enhancements to the iphone operating

joe, his son, now joins us on phone. joe, we've covered this issue for a number of years now. are you encouraged by, that the president, you know, highlighted this in his speech? >> yes. i am encouraged. he mentioned joanne chess marred by name, which is great. she is a cop killer, she's a convicted cop killer. she escaped from prison. i wish he would mention morales' name. he's no less a terrorist than chesimard. he was one of oscar lopez, who we know from the parade a couple weeks ago, one of his comrades in the faln. they're both terrorists, they both escaped from prison, and they've both been harbored in cat fro's cue -- castro's cuba for 30 years or more. eric: this wasn't part of the deal at all to bring 70 fugitives, hijackers, bank robbers, you know, terrorists who are till hiding out under the protection of the castro government. why do you think that deal was made without bringing them back? >> well, it wasn't a deal. it was a capitulation by the obama administration. they didn't get anything in return. as a matter of fact, they took cuba off the state sponsor or ter

>> joe: absolutely not. telling a kid that they have to be out there is just as wrong as telling them that they cannot be out there. >> tucker: why did the school order you to stop??r >> joe: they just didn't like the public display. i was alone on the 50 by myself when i ended up getting fired. >> tucker: they canned you on the 50-yard line? >> joe: it was because of the prayer that i was alone that actually got me fired. >> tucker: was there a victim in this, did someone complain, and what was the complaint exactly? >> joe: it really came from a complement at the beginning. there was no complaint, no one filing complaints against me or the football team. >> tucker: so, what is your legal argument here? on behalf of your client. >> the first liberty institutete represents coach kennedy and our argument is the school district is violating his constitutional rights. their policy is that anys employee of that school does anything that is visibly religious, so if somebody in the public can see you do it and it'

joe: and i'm joe weisenthal. we're 30 minutes from the close of trading. julia: we have the countdown to the july 4 holiday. joe: but the question is "what'd you miss?" scarlet: republicans struggled to find support for their helpful. meanwhile, president trump gearing up for meeting with chinese president xi jumping -- inping next week. back, buttheir jobs what happens when wall street sees declines across the board? at the dows look major averages. the final close of the first of of the year. abigail doolittle is standing by. >> thanks so much. let's break it down in a number of ways. on the day, we're seeing gains on the major averages, be dow, s&p, and nasdaq or higher, as well as the dow jones transport, boosted by the likes of avis, fedex, plus some of the airlines. the nasdaq,ing that full of the tech companies, is utarting to eat out -- eke o -- the worst performance for the tech heavy nasdaq since last week. the mysterious tech selloff continues. not a lot of reasons being given for what could be behind this -- perhaps too far, too fast. still, th

joe: thank you. jacqueline: next, on nbc10 "@issue," between its nuclear missiles and the death of an american student, the us grapples with how to respond to north korea. we'll discuss why the options are more limited than you may realize. jacqueline: to most americans, north korea represents brutality to its own people and to anyone who gets in the way of its unpredictable leader, kim jong-un. north korea called president trump a quote, "psychopath," just last week. that, in response to the president slamming its leaders as a brutal regime after the death of 22-year-old american student otto warmbier. warmbier died after returning to the us in a coma. he had been in a north korea prison for more than a year. now, many are wondering how this war of words will play out. and with me now is benjamin katzeff silberstein. silberstein is an associate scholar with the foreign policy research institute in center city. his focus is on north korea. thank you so much for being here. benjamin katzeff silberstei

i can't be joe hill. it's going to be different every time. he kept reporting and trying to tell the truth and fighting the fight but it was a whole different way and a whole different sound to go with it. >> when you look at what happened in calumet and other situations and how it was the private sector and you look back and see where they made a mistake and undermined to take the actions that they should have. >> i'm not going to walk into that trap, good try though. [laughter] >> what did happen is in the 60s i was never sure that it was such a revolutionary as some people claimed that part of what happened if america was incredibly prosperous. unions made deals with business to keep its prosperous and it's totally understandable. we look back now with some nostalgia, car manufacturing jobs that guaranteed major gains for the union but it wasn't changing the system. he would have argued that as a band-aid on the situation. from the 70s on the wages had not increased in real value if yowithyou to the corresponding s and i think there was an

joe biden wanted to punch mr. trump in the face. that's probably not that great of an attack dog vulgarity. let's improve our vulgarity, folks. host: devin in maryland. a democrat. good morning to you. caller: you know, it's not surprising what donald trump says anymore, really. everything he says is given a pass. there's never been a president in my lifetime that's been given more passes than this president. in the primary he said offensive things, as president he says offensive things. what's more surprising to me is the conservatives, used to have for ethics and morals and they let him do anything he wants which is shocking to me because i'd rather us focus on the policy. and i think donald trump does this intentionally because policy after policy he's working on will largely support and improve the wealthiest of us, not the working class, the middle class but i'm blown away by folks that respect the conservatives that seem to give this guy a pass day in and day out. host: what should they do, devin? how should house speaker ryan

>> going crazy over president trump's tweet msnbc morning joe. do you think it's fair for the media to attack the president for his tweet while ignoring the negative comments made by the morning joe anchors? heather: marilyn on facebook says it's been a feeding frenzy. he should fight fire with fire. no it's hypothetical you can only attack a person so long before they have enough. don't go anywhere. the american summer concert series continues with lee brice. that will do it for us here on "fox & friends first." heather: happy fourth, everybody. >> bye. >> lawmakers in the house passed two bills designed to crack down on illegal immigrants. one commit crimes in the u.s. and others who help keep them out of jail. >> by flagrantly violating the rule of law putting american lives at risk. >> travel ban effects six countries, countries the obama administration labeled as terror threats has finally gone into effect. >> it is deadline day the senate still hoping to strike an agreement for the healthcare bill before the july 4th recess. >> breaking dev

i want to bring in joe holden. joe holden and i have been covering this from the very beginning. joe, this is just a stunning turn of events here. there was some speculation he could have been released to go home. october 24th -- until october 24th he will remain in federal custody. >> what was very interesting to me greg is that how this unfolded. it is very usual, actually it is quite common that a defendant in this matter is allowed to go home. he remains free until sentencing. i mean, that is a standard operating procedure. while we're chatting here and while -- since our last report i actually went over to speak to seth williams' security detail to inform them that the judge had in fact handcuffed seth williams and ordered him off to prison and his security detail who we see here day in and day out acknowledged they knew that that was a possibility. and let's set the stage here. the judge has made it known from day one he really doesn't like seth williams. he does not like that philadelphia's chief law enforcement officer put the office in such disrepute that he put the stan

joe? >> tom cotton. >> yes, we do. from capitol hill, intelligence committee, tom cotton from arkansas. thanks for being with us this morning. >> tom cotton. we thank you for being with us, tom. we were looking for a republican, and i told them that it only took the 14th verse of "just as i am" to get you to come on. my singing. so i appreciate that. >> before we get going, joe, mika, i haven't been on the air since your dad died. i want to express my condolences. great scholar, statesman, did a lot for this country. a true icon of the democratic cold war era and was really someone that we could all learn a lot from. i know that it's always sad when your father passes away. i hope you can celebrate that as a life well lived. >> we do, and thank you so much. i greatly appreciate it. i know we saw you shortly before he passed away. we were hoping things would turn for the better, but you are right about his legacy. thank you very much. joe. >> so senator, we heard a lot from senator sessions

joe. joe: from new york, this is bloomberg. ♪ so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. tthat's why at comcast,t to be connected 24/7. we're always working to make our services more reliable. with technology that can update itself. and advanced fiber network infrastructure. new, more reliable equipment for your home. and a new culture built around customer service. it all adds up to our most reliable network ever. one that keeps you connected to what matters most. the first word news this afternoon. hundreds of people are taking to the streets of london today, marching in honor of the m's of that

joe: you said the word armageddon. when we think of bad things happening in the world, you treasury. the knee jerk move is to buy treasuries. when the treasury market itself is the source of anxiety. >> that's one of these unknowns. nobody really knows about. default,em with the once we default and don't make a payment, we coupon can't take that back. will people believe that the truly a soundt is investment. if not, you wind up going to germany or other places in the world. even with zero or negative interest rates. scarlet: i want to go back to t votes. if we're looking to issue short do toills, what does that the demand picture. what have we seen in the past? we hitt the first time up against the debt ceiling. >> when you get within a couple ceiling,of the debt you see a dramatic rise in yield. when this happened in 2011, were zero.tes they rose from zero to 25 bases points. a lot.oesn't sound like that's a fed hike. it happened in short term. it happened. this particular chart shows the last three times that this h

joe: sure. you talked about the policy will as emphasizing missile defense and last week, we saw a missile-defense test in the pacific that failed. are you satisfied with u.s. missile defense capabilities, and how does this bill address that? rep. thornberry: i'm not satisfied with where we are on missile defense. we have significant capabilities, and just two or three weeks ago, there was a very important, successful test, i think we need to hit the accelerator when it comes to missile defense, both in terms of existing systems, buying more inerceptors, for example, alaska and california, but also for advanced missile defense that will be even more effective. that thee ways i know administration budget request that came up to us was largely the obama plan is that the request actually cut missile defense below what we are spending this year. so i think in congress you've got a lot of agreement that we need to not only not cut missile defense, we need to accelerate inse efforts, especially light

with us now joe concho media reporter for the hell. joe i want to ask you what is the first word that comes to mind when you see this picture? take a look. >> dr. mao fee from "the sopranos". watching her is like watching -- i don't know if she is dr. melfi is much a sheet d -- needs dr. melfi because she clearly has come unhinged with excuse after excuse and there's no shortage of people that she continues to blame for her loss. at some point someone has to have an intervention and say we are going to have to win but we would love to talk about you and your issue so we clearly have to move on and solve some problems. >> donald trump and hillary clinton actually have something in common and that they don't take constructive criticism very well and there isn't somebody telling hillary clinton not to go to these conferences right now. doesn't look bad and your messaging is horrible because you look like kanye west running up on stage taking the statue from taylor swift and saying that you didn't win, i won, i swear so that's part of the

joe: i am joe weisenthal. we are 30 minutes from the close of trading here in the u.s.. what did you miss? revised bill. mitch mcconnell faces what is shaping up to be one of the yet as support for his health care measure weightings and the cbo releases a score today. es and the cbo releases a score today. our interview with board members later this hour. take a look at where the major averages a stand as we head toward the close. abigail doolittle is standing by. abigail: very small moves. dow and s&p trading modestly, slightly higher. nasdaq down nearly .2%. that doesn't really tell the story though. all three averages had been a .5% or more. the nasdaq is now down more than 5%, a one percent swing. we have intraday volatility. i reached out to people on the street. no one really knows what it's going on. sometimes, that volatility could be noise. we have intraday volatility. relative to the nasdaq, one drag we reported on earlier could be bitcoins, down 13%. since january 2015. one person told me that could have to do with chinese capital controls. the effect on the n

doyle: thanks, joe. we find that on the democratic side, when we heard this news, we were practicing at our field. and we can only imagine what our friends were going through at that moment. we felt kind of helpless to help them. we went into our dugout and huddled up and started saying prayers for them, that they'd be ok and that nobody would be hurt seriously. joe and i talked and we've decided that we're not going to let incidents like this change our way of life or our daily routines. we're going to go ahead and play the ballgame. players on both sides want to do that. they think it's the right thing to do. i did tell joe that i loved him before the game and love him after the game. during the game, we're going to play to win and i know joe's team's going to do the same thing. and charities are going to benefit. our thoughts and prayers are with those two officers. had steve's personal detail not been there on the field with him, this could have been much, much worse. even as they were being shot, th

larry higby who had the honor of tradition joe -- idea i've the owner of introducing larry. larry is a native angelino, a bruin.owing -- --the age of 23 he begin became deputy assistant to president nexus chief of staff hr bob alterman -- halderman. after the next in administration, he worked for pepsico, mean a call -- munich cal, and another company. he received operating officer when he retired of the house -- health care group. in his retirement, though i think his wife might quarrel with the word, larry has been busy serving on boards, working for nonprofits, and keeping up with kids and grandchildren. under his chairmanship, warned county performing arts center was built -- orange county performing arts center was built and opened. he is the chair of the majority nonprofit republican think tank. as a member of the nixon foundation board, larry has played a prominent and geners part in opening our new look -- nixon library. it is my pleasure to introduce larry bigby. [applause] >> thank you very much, bill. good morning. let me at my welcome. a special into our c-span a

joe? >> steve, as you know, i'm quite an expert on all things having to do with air traffic control. >> yes. >> i'm not -- we had this discussion before. as somebody flies themselves interested in this, obviously, but we -- is it not the case that our skies are safer now, historically, in terms of the avoidance of commercial airliners having accidents, than ever before in our history? i mean, air traffic control has been remarkably effective, have they not, in keeping millions and millions and millions of americans that fly through the crowded skies every year safe? >> absolutely. the good side of this -- i speak, as you mentioned, as a pilot as well as a passenger, is that our skies are incredibly safe. i don't believe we've had a commercial aircraft fatality in something like five years. and all the things, other things that the faa does in terms of maintenance, pilot training, standards and so on has made it incredibly safe to fly around the united states. now that said, there is a prob

joe: "what'd you miss?" with him us on set to become more powerful thanks to its planned acquisition of whole foods, they are growing interest in the economic impact. a diversionary force in the economy that is thwarting the fed's goals. are covers the fed for bloomberg news. neil, i will start with you. there is this meme going around the last few weeks. isld it be that amazon having a meaningful effect on the overall inflation rate? neil: i think they are. a lot of this, if you look at whole foods in particular, let's think about that. you have the intense competition in the food retail industry. i think it is a little bit overhyped because it is amazon. fresh direct. these things have been out there for a while. let's say there is a lot of competition in the retail industry and at drive down prices for food at home or grocery store inflation. it is not immediately clear what that does for wages. to me, that is a boost. in time, people will allocate into different areas. for example, look at what happened

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joe, thank you so much. we will take the audio when it's over and stay tuned for headlines from that and how sarah huckabee sanders will defend this. let's analyze this. great voices again today. cnn political commentator s.e. cupp is back. gloria brown marshal is with us, constitutional law professor. and cnn senior media correspondent brian seltser who also hosts cnn's reliable sources. as we await the defense from the white house, brian to, you. joe had pointed out, it's an abuse of power story and we're going get into that in a second, a potential abuse of power story. if joe scarborough says he has texts and records of this exchange, who else was aware of this, and why is she waiting until now to tell everyone? >> apparently he told his colleagues about this at the time, back in april, when the enquirer was sniffing around. remember, he's divorced from his wife. brzezinski's divorced from her husband. they had been dating, now they're engaged. the enquirer was snooping around about that. scarborough say

joe, mr. trump posted a new tweet about the timing of repealing and replacing obamacare. >> reporter: right, wolf. at the start of the day it sounded like a big shift. the repeal and replacement of obamacare would come siem you will t-- simultaneously so as nt to cut coverage for anyone with a lapse. he issued a new tweet. if republican senators are unable to pass what they are working on now, they should immediately repeal and then replace at a later date. it is not really a new idea. conservatives have been talking about this for sometime. but it certainly complicates efforts on the hill to get a bill. and then there was this, this afternoon white house deputy press secretary sara sanders telling reporters in the off-camera briefing that nothing has changed. listen. >> the president hasn't changed his thinking at all. i mean, he's campaigned on, talked about since he was elected, repealing and replacing obamacare. we're still fully committed to pushing through with the senate. at this point

i agree with joe's final point. i think we're dealing with two extremely separate issues, government policy and corporate policy. government policy, we should have transfers to low income to help them pay their bills and buy food. but on corporate policy, it is good, it is good for companies to offer lower income families a discount so they can buy certain products if they so choose. i can't think of a good argument against a company doing so. >> very good discussion, gentlemen. derek thompson from "the atlantic," joe rideout from consumer action. thank you both. >> thank you. >>> coming up, smart medicine. meet the startup that helps patients take their meds. >>> uber has reportedly fired 20 employees. this follows a company investigation into sexual harassment claims at the ride hailing company. they told their staff they will expand their unit to investigate claims and plans to increase management training. >>> anthem plans to exit most of the ohio obamacare market next year. the health insurer says its decision

joe: i'm joe weisenthal. giving u.s. stocks retreating from all-time highs. joe: what you miss? 's got a thing we will look at three charts that will give you serious pause. announce itswill decision on whether to include chinese mainland stocks. we will bring you that right to live. maybrexit negotiations amend the attention of the euro elite but greece is still in a painful bailout. we will speak with that country's economy minister during the sour. -- during this hour. toward the close. abigail doolittle is standing by. abigail bank -- abigail: we are looking at major declines heading into the close. a bit of a flip-flop earlier. the dow did put in an all-time high. nasdaq about 2/10 of 1% down.