Kalanick and we look at whats next for the ride sharing giants. Mike isaac, Derek Thompson and max chafkin. Uber is big but i dont think its as big as it thinks it is. Lyft is comin on. Uber has been pouring money from Venture Capitalists for years, subsidize effing riride we take while pushing its drivers to accept less and less money. The fact theyre still not making money is telling and potentially troubling. Glor we conclude with the president of princeton university, chris eisgruber. He spoke to david lean hart of the New York Times. I find our students inspiring. I find they have an extraordinary commitment to service and a strong set of Democratic Values. Do i think theyre at a time when theyre asking the question, what does it mean to act on those Democratic Values and how do we express them through the electoral system right now. So theyre brogue up at a time so theyre growing up at a time when many believe, a as o i, that Climate Change is an extraordinarily serious problem o
Sarah eisen and andrew ross sorken joining us. Great to have you. Were going to have raul sud, the founder and ceo of unicorn and mike isaac of the New York Times as well in just a moment. Lets check on the markets. The s p 500 is coming off that record close yesterday and now back in record territory that weve gone positive on the s p 500. Doesnt take much these days its up about. 2 . Being led by the financials, utilities, and Consumer Discretionary thi discretion a direction airy negative samestore sales. Better than expected you got almost a 20 gain for stocks like kors the dollar is on the move at this hour. I got a jolt from the jolts report we find out that there is a record amount of job openings in this country 6. 2 million job openings and you see the dollar go from negative to positive thats popping much its up. 4 , john Something Different that we havent really seen a lot. The dollar is down about 10 so far this year. So does this change the whole vibe around the u. S. Econ
Good friday morning. Welcome to squawk alley. Jon fortt, sara eisen and me at post 9 on a very busy friday as the market stumbles a bit for the first time in about a week, taking a pause in their historic rally as the president goes to South Carolina for that meeting with boeing. Investors seemingly undeterred this week through headlines and fake news and cabinet changes. The question is, will that confidence continue as the president s policies move closer to implementation . Were joined by richard clarendon at pimco and mike ryans, global strategist at ubs. Good to see both of you. What a week weve had. Its not just been potus. Its been yellen, philly fed, cpi. What can we say this after week weve had . Weve had strong data for several weeks. We had yellen on the hill for Humphrey Hawkins stem. She leaves her options open, didnt show her hand for the march meeting, but strong data. One question, mike, is do you sense there is any rise in complacency, underestimation of the risks, you
We will reduce your taxes. We will cut your regulations. We will support our police. We will defend our flag. We will rebuild our military. We will take care of our great, great veterans. Were taking care of our veterans. [ applause ] we will fix our broken and embarrassing trade deals that are no good, none of them. You wonder, where did the people come from that negotiated these deals . Where did they come from . Well, they came also from campaign contributions, i must be honest with you. Theyre not as stupid as you think. We will cut wasteful spending. We will promote our values. We will rebuild our inner cities. We will bring back our jobs and our dreams. So true. So true. And by the way, we will protect our second amendment. [ cheers and applause ] you know, wayne and chris are here from the nra, and they didnt have that on the list. Its lucky i thought about it. But we will, indeed. And theyre great people. And by the way, they love our country. They love our country. The nra has
Sreenivasan all that and more, on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Xq institute. Supporting social entrepreneurs and their solutions to the worlds most pressing problems skollfoundation. Org. The lemelson foundation. Committed to improving lives through invention. In the u. S. And developing countries. On the web at lemelson. Org. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff President Trump is looking to move ahead tonight, in the wake of his address to congress. He won praise today from republicans, while democrats warned, his more moderate sound belie