tv The News With Shepard Smith CNBC May 21, 2022 4:00am-5:00am EDT
plain and simple, it just came down to greed. it was all about money. shepard smith starts now the. and closing in on wall street. i'm shepard smith. this is the news on cnbc the s&p 500 dips 20% intraday. but goes positive at the close >> eighth week in a row, lower for the dow. seventh week in a row lower for the s&p. >> sara eisen breaks down the market swings. elon musk responds to a report that a woman accused him of sexual misconduct wild accusations, he calls them. the details and what's happened to tesla's stock since.
president biden travels to asia. >> so much of the future of the world is going to be written here in the indo-pacific. >> the push against china and why two secret service agents got september home. gun violence he is sclescale in chicago the move the city council made today to keep teenagers off the streets at night. what to wear the post-pandemic dress code for the office. re"inventing anna. the fake german heiress starts a side hustle with prison. and how to say happy birthday to the last surviving tuskegee airman. >> live from cnbc the facts, the truth, "the news with shepard smith." good evening after weeks of sell-offs, stocks dipped in and out of bear market territory today. the major indexes all rebounded after the dramatic midday plunge but growing concerns about
inflation, the war, supply chain issues, 401(k)s and a possible recession clearly have investors on edge. at one point today the s&p 500 dropped more than 20% off its peak four months ago that's what analysts consider the threshold for a bear market. the index clawed back all of a day's losses but it's posted at seventh straight weekly loss, the longest streak in went one years. the dow rallied in the final hour after dropping more than 600 points today marks eight straight weeks of closing in the red. that hasn't happened since 1923. the tech-heavy nasdaq team in bear market territory, 30% off its highs. sara eisen anchors closing bell and is with us now it has the feeling like the feeling has changed. everything seems negative really regardless of the fundamentals
bear market coming if so, what does that mean >> it's just a technical term. it means that the market has fallen 20% from the highs. and as you noted, midday today there was a point where the s&p 500, the broad market, had fallen that much since the last record high in early january we didn't quite close there, but again this feels like a bear market to a lot of folks out there and just what that means, it's not your garden-variety sell-off there is a lot of selling and the momentum continues lower there is extreme sentiment on the negativity all of those things make up a bear market. now, since world war ii we have had 17 bear markets in history according to some analysis, on average they last for about a year the last bear market came in march 2020 that was when covid was just hitting us that was very unusual because for the dow that bear market lasted eight days.
this time around it's going to be different because the reason that was so short is the government and the federal reserve injected tons of stimulus that made it better this time they are taking away the stimulus we could be in for more pain 30% is where typically analysts look for a bear market so just because we have reached that point doesn't mean it's necessarily over. >> the swings are dizzying and a lot of them come in your hour. is there a place for investors to hide? >> therey are not hiding in technology that has been the hard i est hi part of the market investors are no mood. what they want quality companies. those that produce cash and steady earnings. we see that in health care stocks, some of the pharmaceuticals or insurance companies, utilities like power companies and up until this week consumer staples think the basics like a procter & gamble or johnson & johnson.
walmart and target had surprise negative earnings and that turned off a lot of investors from the safe haven staples. i will also note, shep, that this week bonds provided some safety for investors that hadn't been the case pretty much all year as the market was worried about higher rates actually, bonds did well treasuries did well. so that offered a little bit of an alternative. >> sar eisen, have a great weekend. see you monday as the world waits to see if finland and sweden will join nato president biden is embarking on a firn foreign policy mission strengthening democracy ties in asia the president touching down in south korea this morning it's his first trip to asia since taking office. the visit part of a broader effort from the white house to address supply chain issues that are hurting americans back home. president biden stressed the importance of bolstering south korea's alliance with america and countering china's economic dominance in the region. >> so much of the future of the
world is going to be written here in the indo-pacific over the next several decades this is the moment in my view to invest in one another. to deepen our business ties. to bring our people closer together. >> president biden met with south korea's new president and toured this samsung factory where workers make computer chips. it's the model for a $17 billion plant that the company is building just outside austin, texas. the white house says the project will create about 3,000 jobs cnbc's senior white house correspondent kayla tauscnow. >> president biden is highlighting the jobs that companies like samsung and hyundai will create across the united states. but the goal of this trip is not specific deliverables for the u.s. economy mr. biden has been a feature on the world stage for five decades but he is focused on forging ties with new leaders lierk south korea's president who took office and japan's prime minister who has been in office less than a year
the agenda is packed with bilateral meetings in seoul and tokyo, press conferences in each country and summit with allies who need reassurance the indo-pacific is a priority >> the asian allies and others in the region are just constantly seeing us pulled off on other crises around the world and they do worry about our staying power, especially after the trump administration really tested our relations with our allies >> there will be no visit to the demilitarized zone on the north korean border, the white house noting biden traveled there as vice president and also acknowledging the disi tinct possibility north korea may conduct missile tests. jake sullivan said mr. biden could speak to china's president xx by phone very soon. expl russia's invasion could embolden x inxi in the pacific.
>> i think it's unfortunate he is not going to beijing, frankly, because that's, you know, going to be where, if we have a crisis in asia, we are going to need to go. >> at home the about the's own party is becoming increasingly frustrated with how things are going. in a new "associated press" poll just 33% of democrats say the country is headed in the right direction. that's 16 point drop in a month. shep. >> the secret service sent a couple of agents home from the president's trip what do we know about details of that >> those two agents were sent home following an off duty incident after they visited bars in seoul south korean police told nbc news a man was assaulted outside the grand hyatt hotel in the early morning hours. they have been placed on administrative leave pending an investigation. elon musk accused of sexually assaulting a flight attendant on his private jet six
years ago. that from insider which reports musk settled the claim for $250,000 as part of a severance agreement. it reports elon musk allegedly exposed himself to that flight attendant during a massage and that he then offered to buy her a horse in exchange for sex acts cnbc cannot independently confirm this reporting musk is denying any wrongdoing he is calling the whole thing a political hit piece. he says it's the first time that somebody's accused him of sexual harassment throughout his career julia borson has more on the fallout ahead of the billionaire's potential big twitter buy. >> elon musk responding to allegations of sexual misconduct a reported besides insider claims musk's spacex paid $250,000 in severance in 2018 to a flight attendant who accused him of sexual misconduct e cnbc's reached out to spacex for comment but has not received any
response musk responding on twitter saying, no, it was clear that their only goal was a hit piece to interfere with the twitter acquisition. the story was written before they even talked to me also writing, quote, they began brewing attacks of all kinds as soon as the twitter acquisition was announced n my 30-year career, including the entire me too era, nothing to report as soon as i say intend to restore free speech to twitter, suddenly there is. twitter had no comment on the allegation this isn't the first time sissus of harassment have been raised with respect to musk's companies. this past december six women filed lawsuits against tesla alleging they fostered a culture of sexual harassment some alleging that they were moved from their work stations after reporting the behavior however, musk himself was not implicated as to whether all of this impact
musk's twitter takeover offer, analysts say this is all just, quote, likely to add more distraction to an already messy situation with twitter shep. >> thanks. eight fraternity members charged in a deadly hazing incident two of them took their cases to trial. next the emotional testimony, including the last conversation a mother had with her son, and the tough questions attorneys on both sides need to answer. a planned move by the biden administration blocked the last-minute decision by a judge that's having a big impact on border cities. how much do you pay your babysitter like everything else, they cost a lot these days wait until you hear how much teens are charging so you can have a night on the town the facts, the
. fraternity hazing back in the spotlight. the trial of two members accused of a hazing death in ohio wrapping up the first week of testimony. his name stone foltz he was a sophomore at bowling green state university he died last year after attending a frat party prosecutors say his blood-alcohol was four times the legal limit. prosecutors this week played for t t the injury this video. to shows him drinking a bottle of bourbon police charged eight men in ex-can with his death, six ple pleaded guilty, the other two on trial. their names jacob kren and troy hendrickson. they are facing multiple charges, including involuntary manslaughter foltz is one of the many hazing deaths that rocked schools across the country according to a professor at franklin college who tracks cases morks than 70 students have died from hazing since 007.
on the stone/foltz case here is valerie castro >> why couldo you have to drinka lot? he said it's a rich rule. >> reporter: read interesting text he messages, shaerry foltz recounted her last conversation she had with stone foltz the night before he died, the result of fraternity hazing at bowling state university last year a criminal trial against two of the international frat members began this week. the prosecution laying out the events of the night during which a pledge or little would be expected to drink alcohol provided by a more senior member or big >> the big gives a bottle of liquor to the little but there is something else that goes along with it the expectation that the little would drink that whole bottle then and there at the big/little event. >> reporter: in opening statements the defense vowed to show that the tradition was not mandatory or required for membership >> you will hear not one shred of evidence, not one is shred, r
my words, that jacob kren did anything under the sun to encourage, to force, to compel, to haze. >> reporter: former members took the stand recalling the pressure to drink. >> there is an expectation to finish the bottle. >> where does this come from >> as far back as i know. >> reporter: cellphone video played of that night cocap chur foltz taking a swib from a half empty bottle of whiskey. the voice in the background is defendant jacob kren prosecutors say foltz was dropped off ht his apartment later that night and his room mites found his unresponsive the next day he died three days later of alcohol poisoning. after foltz's death the university announced it was expelling the fraternity from campus permanently saying it will never again be recognized at bgsu in the future.
shep. >> valerie castro on the trial, thank you. david henderson is with us now, former prosecutor, civil rights attorney. this trial i guess boils down to one real question. did stone foltz have free will that night or was he forced. how will the jury see it >> you know, shep, this is going to be a difficult one because the jury is going to see it from both directions. ohio has made a point of cracking down on hazing by passing laws, so the public will be aware of that t and foltz, tragic as his death is, was participating and was not forced to drink that alcohol. it's a tough sell for a jury. >> no doubt there is a pattern no doubt it's a tragedy. should these young men be facing the possibility of prison time for an event that foltz voluntarily participated in? >> shep, that goes both ways ohio is one of 44 states now that have passed laws outlawing hazing and they are one of 13 states that make it a felony if
someone dies from alcohol consumption. here the new law was passed after this crime was committed and they have charged one man more harshly under the new law i think they are in danger of overreaching a bit. >> do we know if they will take the stand? >> we don't. you know my rule if you are on trial for a death that you are claiming you did not intentionally cause, you generally need to take the stand and tell the jury i never intended this to happen. especially when you have two young handsome college students. i think it's in their best interest to explain to the jury that happened. >> could set precedent how to prosecute these types of cases >> i think it already has. the mere fact that these two young men are facing prison time for these charges and eight people were charged, it looks like six were allowed to plea, and plea offers were not made to these two. the prosecution forced them to trial, is being as aggressives a prosecutor can be, it's already
set a precedent. >> thanks very much. some horrible weather today. look at this multiple people injured after a powerful tornado touched down in northern michigan. this is the catastrophic scene in the city of gaylord this video shows the destruction along a commercial strip the tornado damaged multiple homes and businesses, knocked down power lines michigan state police say ambulances rushed people to nearest hospitals. still no word on exactly how many injured they are still in the middle of this officials urging people to avoid that area. reports of a mass exodus from "saturday night live. the long-timecast members preparing to exit stage left for good and stage two of the triple tomorrow in baltimore. next, steve kornacki track side why the favorite horse to win is not the biggest story erat al
. nine horses set to be at the starting gate tomorrow for the second race of the triple crown. the 147th preakness stakes in baltimore on nbc and streaming on peacock organizers say they are expecting a packed crowd for the first time in three years. last year only 10,000 people could attend under covid restrictions this year they are expecting about 100,000. the preakness is typically the first time we see the kentucky derby winner, but not this year. rich strike, the horse that
shocked the crowd with its long shot win earlier this month, will not be racing tomorrow. his owner says he is giving the horse a rest so no chance for a triple crown winner this year but another horse that did not run in the derby is stealing some of the attention ahead of the big race nbc's steve kornacki reports from track side in baltimore steve. >> reporter: all right, shep, well, yeah, we may not have that kentucky derby winner running in tomorrow's preakness but we got heck of a storyline. we got some we rarely see in horse racing high stakes horse racing that is a girl taking on the boys there will be filly. secret oath comes into the race with a real shot at victory. she won the kentucky oaks two weeks ago. she won so impressively that her trainer said why not take a shot at the preakness why not see if we can beat the colts? she has a real chance tomorrow
she has been a fun horse to watch. that's a spelling storyline because the trainer i mentioned, d. wayne lucas, 86 years old and still at it. he gets up, goes to work at 3:30 in the morning every day he was the king in of the sport in the '80s and '90s a long time since he had a horse this good on a stage this big. a compelling storyline there but the horse secret oath has to beat epicenter epicenter was second place in the derby. just nipped at the wire by rich strike a lot of people looked at that race and said epicenter ran a good race. he will be the favorite tomorrow so epicenter will be the horse to beat. the other thing, it is going to be wild here tomorrow. the first preakness since the pandemic i think we are going to have a packed house and that infield where it's a day-long party, i am too old to go in now, but a lot of people will be having blast. the preakness is back. >> never too old, steve kornacki you can watch the 147th running
of the preakness stakes tomorrow coverage begins 2:00 overeaster 11:00 a.m. pacific on cnbc then it moves to nbc, the broadcast network, at 4:00 p.m. eastern. all of it streaming on peacock free as a bird post time 7:00 p.m. eastern tomorrow. with some states cracking down on abortion, companies are offering to help employees who need one but is that easier said than done coming up, the roadblocks that could make this an empty promise. has your post-pandemic word robe gotten a little more casual next, the styles taking people from home office to office-office. and russia taking a victory lap. the declaration from southern ukraine as we approach the bottom of the hour and top of bottom of the hour and top of thne ocn when we started our business we were paying an arm and a leg for postage. i remember setting up shipstation. one or two clicks and everything was up and running. i was printing out labels and saving money.
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more comfortable stiff suits and muted colors gone color, prints, blazers, denim we are emerging wearing work leisure. >> it's comfort. it's stretch it's ease. it's certainly technological fabrics that are wrinkle resistant or odor proof. >> reporter: while business comfort trends began pre-pandemic the last two years poured gas on the flame. an academic tutoring company, they no longer wrent office space. >> if i am going to wear something on the office, this would be my perfect suit now i have gone to street, this is what i normally wear. >> denim at the center of this notion of versatility. a great denim leg that can take you morning, noon and into night. and great pieces like blazers seem to be having a real resurgence out of the pandemic. >> reporter: people are borrowing blazers 166% more than last year.
they are lighter weight and colorful bye-bye boring black surprisingly, suits are hot, too. >> it's all about the suit for men and women. people are flocking to suits. >> reporter: well, likely a knit suit with stretch. $200-year-old brooks brothers business went up significantly dress shirt sales up triple digits in a year and tailor suiting business up strong after putting celebrations on hold and power comfort guiding work wear, lane bryant says their shoppers are yearning for an excuse to dress up again. mm lafleur, chico's, style encore seeing a surge in dress buying with 80% of stitch fix shoppers wearing business comfort, there is another benefit. >> my dry cleaning bills are minimal now. >> stuff fix says men are also looking for performance pants to wear to work like hiking or golf pants that transition easily to
the weekend and shirts a knit plus a woven material. hyundai betting big on georgia and that's what is sto stopping cnbc on the money hyundai spend nearingly $6 billion to build an electric vehicle and battery factory in bryan county near the savannah area the south korean automaker and georgia governor announced the deal today expected to create about 8,000 jobs. teen babysitters taking advantage of the tight labor market daycares are reportedly strapped for workers, forcing parents to scramble to find help. the childcare marketplace care.com reports the average rate in america for babysitters is now $18 an hour that's up more than 20% from two years ago, and in some areas teenagers are reportedly get pg up to $30 an hour to babysit teen unemployment currently at a 50-year low. and the most expensive car
ever sold an ultra rare mercedes-benz race car sold for, get this, $143 million the speedster is one of two that the company made in 1955 the sale smashed the previous record by nearly 100 mil mercedes will donate the proceeds to fund scholarships and research on the environment. on wall street the dow up nine, the s&p flat, the nasdaq down 34. that index now with seven straight losing weeks and down 27% -- i should say down 30% this year. i'm shepard smith. on cnbc, it's the bottom of the hour time for the top of the news monkeypox re-emerging. what it is, how it's spread, and why there is no reason to panic. the battle over title 42
the last-minute decision by a judge as border cities prepare for a surge of migrants. but first, russia making a declaration of victory the last stronghold of ukrainian resistance in the devastated city of mariupol is no more. russia's top general says the city's steel plant is now completely liberated and under full russian control after nearly 2,000 ukrainian soldiers surrendered. liberated is the term the russians use for their brutal bloody conquest. these are some of the final photos from inside the bunker where the ukrainian defenders holed up for weeks, underground, beneath that sprawling soviet era complex. they emerged only to fight in the ruins and become heroic symbols of ukrainian defiance surrounded by russian forces the ukrainian military ordered them to give up after they negotiated a surrender deal with moscow their commander released a video
today. >>. >> translator: the military high command have given an order to save lives and the health of the garrison servicemen and to crease defending the city. we emphasized the three most important conditions for us. civilians, wounded and dead. the civilians have been evacuated. the heavily wounded received the necessary assistance and they were evacuated to be later exchanged and delivered to territory controlled by ukraine. with regards to the fallen heroes, the process continues. >> there is growing concern about what will happen to those fighters they are now prisoners of war in russian custody. meantime, the u.n. reports nearly 6.5 million refugees have he escaped ukraine. julia ainsley spoke to ukrainian families now living in florida. >> reporter: tampa couple roy a and tony tyson weren't used to a noisy house. had you ever done anything like this before? >> never we are two professionals, no
children. >> reporter: then last month the couple welcomed ukrainian refugees julia, husband serhiy and sons 11-year-old max and 3-year-old mark into their house, turning the quiet home of two into a full house of six. >> we were seeing all these people that were fleeing, so we researched a church that were matching the host families with the refugees we said we have room for two or three. they said we have a family of four, and we said alrighty then. >> reporter: yulia's family fled ukraine when russian bombing started and entered the u.s. by way of mexico. inside the tyson's home they finally found rest >> translator: my son when the war started had nightmares and now he is able to sleep again. >> reporter: then the tysons' lives were fuller. yulia told about her friend and husband and three children the tampa community rallied and her family was taken in by a
couple a ten-minute drive away >> translator: as soon as i got in the airport and i saw all of my friends with ukrainian flags and american flags, it made me feel safe. >> reporter: but settling into america is no easy matter for ukrainian refugees social worker susan morgan is helping yulia and masha navigate pages and pages of application for asylum. >> it is a big responsibility and you feel the weight of it when you don't have just one person's life but a whole family and multiple families. >> reporter: that responsibility typically falls to refugee resettlement agencies funded by the u.s. government. that assistance hasn't been provided so far to ukrainians. unlike other recent refugees to the u.s., including the thousands of afghan refugees last fall, ukrainian refugees and host families are responsible for navigating everything, from work visas to medical care to housing. we tagged along on a medical
exam for marsha's children they need physicals to enroll in school there is the emotional transition yule yulia's son hid under furniture when he got to the tysons' house. >> we are bringing in a family that left their home, their family they have losses so as many times people are happy to get here, they are still experiencing trauma. >> reporter: the immediate goal is getting families on their feet after six weeks with the tysons they managed to find an apartment of their own they will live a short drive from the tysons. one-time strangers, they now call them family >> i have someone now that i will have in my life forever >> it's good you're safe, huh >> reporter: for the news, julia
ainsley. >> love it love around the world. a federal judge ruled today that title 42 will stay in place. this happened late this afternoon. you know, it was set to expire on monday. the justice department just announced that it will appeal. title 42 is the trump era immigration order that cites the pandemic as a reason to make immigrants seeking asylum stay out of the country before the judge's ruling, homeland security officials were warning they don't have enough money. they need about $2 billion to deal the incoming surge of immigrants at the border were title 42 to end. title 42 blocked nearly 2 million immigrants from entering from mexico since march of 2020. right now data shows an average of 7,400 immigrants are trying to cross the border every day. that's the highest number since the fed started keeping count more than two decades ago. employers across the country
are bracing for bans on abortion should the supreme court overturn roe v. wade several companies have announced they will help cover their employees' abortion-related travel costs if the procedure is inu unavailable where they live. while some are bolstering health coverage, others are staying noticeably quiet. >> reporter: kim felt proud when her bosses committed to day travel expenses for workers in texas if they needed to access abortion after the state passed new restrictions. >> these types of things, especially around equity, diversity, inclusion, ac tess to return to work rights is front and center for me and it's so amazing that the company sees that as well. >> reporter: new york startup alloy pledged to expand that travel benefit if the supreme court overturns roe v. wade. >> our stance is always to think about how we can look after the folks who work here. if some other institution is not. >> reporter: salesforce, starbucks and amazon have made
similar commitments. but analysts say it could get complicate ford national employers if roe is overturned triggering abortion bans in a dozen states resulting in half the u.s. banning or restricting access while the employment retirement security act let's large employers skip some state health insurance rules, a ban it different. >> it doesn't grant an employer the ability to do do something otherwise illegal. if it is made illegal in a state to pursue or receive an abortion in that state, you know, an employer's benefit program wouldn't be able to reim aburser pay for that. >> reporter: in states like texas, citizens can sue anyone who facilitates an abortion which could include insurers and employers who cover the costs. >> not only does coverage become front and center, but also litigation
litigation against the plan for the determination of what is appropriate and what's not. >> reporter: it's why many companies are waiting to set policy but to come that sends a message. >> i view that and think i think others view that as a decision. >> reporter: as we saw with disney after florida's so-called don't say gay bill, companies risk push back on all sides whether they take a stand or not on hot button social issues. the former attorney general bill barr is now in talks with the january 6th house committee to testify barr resigned and stepped down two weeks before the deadly insurrection on the capitol. he is said he had a rift with former president trump after he told him that claims of widespread voter fraud in the 2020 election were false nbc news learned barr is inclined to cooperate with the committee's investigation. the panel set to hold televised public hearings on its findings
fire near a mcdonald's last night, killed two people police say they arrested a suspect after the deadly shooting last night. they say an argument broke out between two groups before the gunman started firing into the crowd. glass on the mcdonald's shattered. it comes a week after police say a teenager shot and killed another teenager in millennium park near the bean sculpture police data shows shootings in chicago are down 13% from same time last year, but they are up
considerably from before the pandemic 35%. now city officials are cracking down with curfews. cnbc's perry russom live from chicago's millennial park. perry. >> reporter: shep, just to get into this park you have to be wanted and then security goes through your bag it's like getting into an airport to get into a public park they have different security barriers around the entire park. these shootings are happening when large groups of people come together and the city has a whack-a-mole approach to fighting crime, moving police resources to where the shootings happen. >> teenagers have been fussing and fighting since the beginning of time. the difference now is too many of them have guns. >> reporter: the volume of violence in downtown chicago has mayor lori lightfoot creating a new curfew no children at millennial park without an adult after 6:00 at night. >> that's kind of extreme, isn't it i understand it's, like, wanting to protect kids. >> reporter: the mayor says the rule applies to unaccompanied
minors under 18 thursdays through sundays at one of the largest tourist attractions in the city. >> if it's one specific place, do it everywhere. >> if you are commit a crime, i don't think you are going to follow a curfew. >> it's a great idea why not protect the rest of the minors >> reporter: the curfew isn't a curfew, but a time, place and manner restriction a legal workaround regulating the first amendment that has been upheld by the scored. >> the possibility of violating the civil rights of our black and brown children >> no, we don't want to arrest children if we have to because they are breaking the law, we will. >> reporter: the mayor announcing the new rules on monday after a shooting in the partly cloudy last weekend sean dell holiday was shot and killed he was 16. 30 kids were arrested. se several guns taken by police. >> more visibility, more officers, more marked cars. >> reporter: a month ago a new command post downtown. >> it became the natural thing
to have a physical office becauser here all the time. >> reporter: the city council approving another curfew for kids in chicago. they have to be off the streets by 10:00 at night every night. >> if you carry a gun invariably something tragic is going to happen >> reporter: last night was the first night of the curfew here in the park and that shooting last night happened about eight minutes away the mayor says chicago police will not be the first line of defense here in the park it will be private security. shep >> perry russom, thanks very much. attorney general merrick garland announcing initiatives to fight hate crimes it comes a week after police say a self-described white supremacist shot and killed ten black people in a buffalo supermarket. he says that shooting now being vest getted as a heat-fueled hate crime the justice department's new measures include coordinating with the department of health and human services to increase awareness of hate crimes during
the pandemic, hiring the department's first ever language access coordinator to help people who don't speak english, and giving $10 million in grants to hate crime reporting hotlines despite the timing, the doj scheduled the announcement before the shooting in buffalo it comes on the first one year after the covid-19 hate crimes act. it addressed the increase in violence against asian americans. health officials are urging americans not to get worked up over monkeypox in the last few weeks the virus has spread throughout europe and north america. the world health organization reports outside of the country's where the decide is prevalent cases are confirmed in at least eight nations in europe along with the u.s., canada and australia. today the w.h.o. met to discuss the recent monkeypox infections. the organization confirms 80 cases with 50 more being tested. in new york officials are investigating one potential case
at bellevue hospital in manhattan. just a couple of minutes ago we learned it's being treated as a presumptive positive while they wait for krtd confirmation and in massachusetts the cdc confirms its first case in the u.s. this is not at all like covid. health authorities say monkeypox does not spread nearly as fast and that they are stressing the risk to the general public is extremely low. meg tirrell is here. no need for panic, right >> no, shep. monkeypox is a fairly rare disease that typically doesn't spread very easily between people usually it spills over from animals. it's related to smallpox but causes less severe disease the way it spreads, if it does spread person-to-person, is through close contact, skin lesions or rivian droplets which usually requires prolonged face-to-face contacts. one of the characteristics of the current outbreak is many cases have been in men who have
sex with men health authorities say it's not unique to this group and anyone with close physical contact to another case is potentially at risk what are the symptoms? early on they are fever, headache, swollen lymph nodes and look of energy then this telltale rash. symptoms can last two to four weeks and resolve, but severe cases can happen and the w.h.o. says in recent times the case fatality rate up to 6% however, in the current outbreak no deaths or even really severe disease have been reported what is concerning to people in public health is that there are so many cases popping up that aren't, obviously, connected to one near here is dr. scott gottlieb. >> now that there has been community spread it may be hard to snuff it out. i don't think it will be a major epidemic because it's difficult to spread. you need sustained close contact or contact with the open sores there is so many cases now disconnected, this is spreading in the community and there may
be more infection than what we're picking up >> now, i asked an epidemiologist his thoughts. he said it's not good, but compared with covid it's a smaller problem by many times. >> there is some good news out of all of this, right? >> there is. and it's that there are already vaccines and a treatment because monkeypox is similar to smallpox those interventions can help for both in fact, a key reason experts say monkeypox is on the rise now is because since smallpox was eradicated in 1980 we haven't been vaccinated for it but those tools exist. shep. >> all right meg tirrell, good weekend. thank you. anna delvey wants to tell her story again. the tale of the fake german heiress played out on netflix. now she is launching a new business plan from federal lockup the tuskegee airmen were the first african american flying unit in the u.s. military taking
"saturday night live's" losing big names it would appear deadline is reporting that kate mckinnon, pete davidson, kyle muni and ad bryant could leave the show after the current season nbc hasn't commented "snl's" 47th season finale airs tomorrow deadline reports that will be it for all four of those cast members. pete davidson started at "snl" in 2014 when he was 20 years old. at the time he was one of the youngest cast members ever lately the shpotlight has been n his and his new squeeze kim k. did you know they were dating?
not a lot of people do they are very, very private and don't get out much they met back when they hosted "snl" back in october. >> are you going to kiss me or not? >> i sure am, jasmine. >> kate and aidy bryant have been on the show for ten years you can watch the season finale, and you should, live tomorrow night on nbc. anna delvey, the convicted swindler and sub jepject of the netflix show "inventing anna," she is selling her prison art for $10,000 a pop at a show in new york city. the one night only art exhibit title "allegedly it happened last night" it featured 20 pieces of art that delvey, whose realname is anna sorkin, who cares, drew them herself her art dealer told the sun newspaper she is not allowed to have acrylic paints in prison, so she had to use colored pencils and pens
she appeared virtually she promised the crowd she will launch her anna delvey foundation. >> it will definitely be realized just not in the same form i was planning. >> she has done a lot of promising over time. she even modelled her detention facility attire. in 2019 a jury convicted her on charges of grand theft larceny and theft of the services. she was sentenced up to 12 years in prison but she was released february last year six weeks later immigration agents took her in custody she has been on i.c.e. detention ever since her lawyer said the talent is dripping all over this room. that's a quote led the crowd in a chant of "free anna." if you choose, you can buy a piece of anna's art yourself prints of the faux socialite's drawings are on sale online for 250 bucks.
so basic. may is military frappreciatn month. sergeant victor butler is among the last surviving tuskegee airmen he served in historic all-black squadron as a mechanic helping pilots defeat the nazis in warner bros. discovery tomorrow sergeant butler turns 100 years old. thanks to his granddaughter he is celebrating with people everywhere shamari stone sat down with the american hero at his home in rhode island ahead of his big day. >> reporter: sergeant victor butler sits back in his chair reading kind words. >> thanks for your service happy birthday. >> reporter: cards from strangers. addressed to him. >> you are pretty good yeah. >> reporter: the retired tuskegee airman turns 100 years old on saturday. >> i am excited because of all
of these gifts coming in. >> reporter: his granddaughter asked people to send cards and the response overwhelming. all races and nationalities from around the country - >> happy birthday from sunny florida. >> reporter: mailing more than 12,000 cards i figured i'd get about 100. and yet i'm still getting them >> reporter: thanks butler for his service. >> the whole country owes you and your fellow airmen thanks for helping defeat the nazis and advancing civil rights i don't know what to say i just didn't know there was so many nice people in the world. and i'm really thankful for them. >> reporter: sergeant butler is believed to be one of the last surviving members of the tuskegee airmen. a mechanic who worked on fighter
planes in warnworld war ii, breg barriers while battling hate. >> i ran into a lot of racism by going to town. >> reporter: he stayed on the all-black base in tuskegee, alabama, helping pave the way to desegregate the u.s. military. >> there is no better feeling than to serve the united states. >> reporter: the u.s. celebrating butler, honoring his heroism and military service with awards. >> it's quite a thrill it makes me feel like i am really somebody. >> reporter: sergeant butler receives more than just letters. piles of birthday gifts, hats, blankets, paintings, and his favorite, puzzles, adding to his appreciation. >> that is something that you feel right to your heart it makes you think how good the american people are. >> reporter: sergeant victor butler's wife, family, friends, veterans group will honor him outside of his house in a parade
tomorrow as for the cards, well, he told me he is going to read every one of them. shep. >> thanks. 45 seconds left on a race to the finish after weeks of sell-offs, stocks dip in and out of bear territory. major indexes rebounded after a dramatic midday plunge. a judge ruled title 42 remains in place the justice department vowing to appeal. and russia declaring victory in mariupol. russia's top jen says all ukrainian soldiers inside the steel plant have surrendered after a months-long siege. now you know the news of this friday, may 20th, 2022 have a great
>> in this episode of "american greed," >> in the world of financial fraud, you don't often find the story in which the central character is quite so mysterious. >> financier, martin frankel, lives in a mansion, stays up all night, and is rarely seen. >> here was a guy playing with hundreds of millions of dollars who nobody had ever heard of. >> then one day, the mysterious mr. frankel vanishes along with 200 million dollars. >> they had no idea who this guy was, and they had no idea where he was. [ music ]