maria: it went up to what? what was the high? >> 19,900. maria: that's incredible. did you sell a lot of that? >> i sold a lot along the way. part of it was literally a year ago this time i gave a speech at a conference -- there are conferences thursday, friday and all next week. the big conferences consensus, there's 7,000 people that have paid $2,000 a shot. maria: wow to go to the conference. >> so i spoke at it last year and i got off of the stage and i literally got mobbed like i was bruce springsteen or bon jovi in new jersey and that to me was a great sign to start selling. and it was like 11,000 at the time all the way up to $19,000. and it felt like we were at the tail end of the mania last year. and it was. i think the retail bubble popped in january when we got to 19,000 in bitcoin and then 1300 in e near yum. then you had a 75% correction which was quite painful. maria: sure. what did you see when you bought it below 100, 96. what did you see that maybe others didn't? you were really an early believer. why did you know that there would be promise here? >

maria: no.dagen: this is a simple legal difference between looking at a phone log and actually wiretapping someone. i will say this, just personally, i've been a journalist as long as you have, like 25 years and when i make a mistake, i hate that and i will go on immediately as soon as -- if i realize i fouled up, even if it's earnings per share number, that's really important. again, maybe you take a breath and be right instead of worrying about being first. gerri: will anybody lose the job is my question? maria: it was a big story and pretty outrageous. thank you so much, gerri. may the force be with you, those celebrating star wars today, that's next man: i got scar tissue there. same thing with any dent or dings on this truck. they all got a story about what happened to 'em. man 2: it was raining, there was only one way out. i could feel the barb wire was just digging into the paint. man: two bulls were fighting, (thud) bam hit the truck. try explaining that to your insurance company. woman:

hi maria.our response to what the doj is saying this morning it says it in fact sent a letter back to devon nunes and said we are in receipt of your letter at the careful satisfaction and following consultations with the director of the national intelligence, the white house and we are not in a a position to provide information responsive to your request. your take on all of this congressman. >> well maria i haven't seen the subpoena that devon nunes is talking about so i don't know if relates to the ec that started the counter intelligence or if it relates to something else. maria: bottom line, are you, will you move to pursue context charges against attorney general jeff sessions as devon nunes stated earlier? >> i think that all members of congress are going to need more information about what the request was and what the response from the justice department is. we don't have that. the problem, maria is as you know when congress issues a subpoena, the enforcement arm is the department of jus

maria: welcome back.k for oil. oil prices stabilized slightly after posting multi-year highs this week. one analyst a bank of america this week predied that oil production will collapse in venezuela and disruptions in iran could drive oil prices to $100 a barrel in 2019. haven't seen that in a few years. talk about that and the economy with fox business all-stars for reaction. kristina partsinevelos is with us along with suzanne li along with the "wall street journal" editorial director james freeman, who is also a fox business contributor. thank you for spending the time this weekend. james, what was most important or struck you in terms of the headlines this week? >> the most encouraging sign, we see this rising economy is the institute for supply management report came out early in the week and what it's showing is big increases in capital expenditures. this is business investment and this is what was lacking over the last decade or so. companies did not have the confidence to invest, and what we're no

maria back to you. maria: thank you, adam it was a volatile week for stocks investors reacting to worries over trade deals the federal reserve, rising oil prices, and of course earnings news as well. how should you plan to navigate the week ahead? the founder and chief investment officer of the bon ton group is with me, joining me right now david great to see you. >> great to be with you. maria: thank you for joining us so they basically signaled we are going to see another interest rate hike in june in the june meeting and then of course all the worries about trade, how are you positioned right now? >> well we have been somewhat defensive in kind of a moderate balance positioning most of the year so we are probably early getting defensive and then right now you could say okay well it's a good place to be but the problem is bonds are not really diversifying from equities very well. i think that people have to understand that if the market is vulnerable because of rising rates, then you're bonds and stoc

maria: maria, i miss you dearly. you have some incredible interviews that are coming up and they are so relevant, more relevant than any time i can think of in times of our withdraw from the iran nuclear deal in the confirmation hearing of gene haspel to run the cia. trade do that if big news. you would have spoken a little bit. the pushback shootout. we'll see how this plays out. it is interesting to see the comp and pushback from the left initiative is successful. dagen: did john brennan dead grilled? did he suffer the same pushback haspel or he hasn't certainly will today? maria: yeah, absolutely. two exclusive interviews coming up bringing you from las vegas speaking with former vice president dick cheney and defense secretary cia director and former white house chief of staff leon panetta. we will cover the iran decision. the future of politics or they see it beginning tomorrow morning right here at 6:00 a.m. eastern with dick cheney and leon panetta. i suspect dick cheney is happy about the decision to pull out

maria: welcome to "wall street." i'm maria bartiromo. coming up in just a moment.y interview with the home depot founder who has a new book out called "i love capitalism." later on in the program we'll look at interest rates and the fed. jim grant will join us. ken langone is a legend on wall street and the business community. his new book "i love capitalism, an american story" includes the story of how echo founded home depot and sounds the warning that capitalism is the world's best hope. but its popularity seems to be on the decline in some circles. ken, thank you for joining us. the book is incredible. i'm so happy you wrote this book. i want you to tell the story why you decided to write this book. you had been watching bernie sanders during election season. >> i had been encouraged to write a book, and i said it's not my thing. then in early 2016 i noticed there were a lot of young people attracted by bernie sanders. and i said, oh, my gods, these kids are giving up before they even start. like it or not, nothing is perfect, but capitalism is the way ford. lo

maria: absolutely. dagen: gary b., you have a ways to go, $150 billion of stock buybacks by companies. [laughter] >> i plan to live 298. a long runway. maria: coming up this morning we have a lot to talk about, former trump campaign foreign policy adviser walid phares is with us, galaxy digital founder mike is here, he is starting new business. >> what do you think he's going to be wearing? white, red, very interesting what he wears today. maria: he will talk about crypto. >> he's the best. maria: paul is here former u.s. coal commander kirk lippold and medal of honor recipient dakota meyer. president trump landing in indiana rallying supporters, he welcomed home three americans formerly detained by north korea, listen to what the negotiator in chief touted his recent policy achievements while explaining why his 2020 reelection campaign is keep america great again. >> this is truly an exciting time for our country, jobs are booming. america is being respected again. [cheers and applause] >> usa, usa! >>

maria? >> maria: thanks, blake.artment of justice responsible general michael horowitz will testify before congress on his report of the fbi handling of the clinton e-mail probe. could the report take the heat off of attorney general sessions from former doj official, tom dupree joining me now. thanks for joining us. your expectations for this i.g. report. >> i think it has the potential to be a bomb shell. i think depending open what the i.g. finds went on behind the scenes in 2016, it has the potential for changing the narrative. it will not shut down the mueller investigation but depending on what the i.g. finds, could change the conversation we're having. the white house says this could turn the tables, put the spot light off of the white house and the justice department and what went on behind closed doors. >> maria: the last i.g. report recommended charges against andrew mccabe. will we see criminal referrals in this i.g. report because of the fbi's handling of the clinton e-mail investigation? >> yeah, this i

maria: welcome back.s primary day. going to the polls today. cheryl casone with the details. dream for you, maria, good morning. heading to the polls in texas, arkansas, kentucky and georgia. michael williams looking to write his deportation bus straight into the republican nomination for governor. take on four others in the gop primary. there are all of these contenders to watch. arkansas, incumbent governor hudson facing a challenge from jim morgan. ahead of tonight's race. and there is -- there is the tweet from donald trump. let's take a look at what's happening in kentucky. the sixth district to take on gop representative with the run-up election in texas. a lot going on. wal-mart taken the top spot in "fortune" magazine's annual fortune 500 list of the largest corporation. wal-mart make analyst for the 14th time sixth year in a row last year became the first company in u.s. history with $500 billion in annual sales. the number two spot this year wanted not berkshire hathaway, apple and united health

maria: welcome back. oil prices stabilized slightly after posting multi-year highs this week. one analyst at bank of america this week predicted that oil production will collapse in venezuela and disruptions in iran could drive oil prices to $100 a barrel in 2019. haven't seen that in a few years. talk about that and the economy with fox business all-stars for reaction. kristina partsinevelos is with us along with suzanne li along with the "wall street journal" editorial director james freeman, who is also a fox business contributor. thank you for spending the time this weekend. james, what was most important or struck you in terms of the headlines this week? >> the most encouraging sign, we see this rising economy is the institute for supply management report came out early in the week and what it's showing is big increases in capital expenditures. this is business investment and this is what was lacking over the last decade or so. companies did not have the confidence to invest, and what we're now seein

maria, let's talk instant party, right? >> maria: yeah. wow.ne. are they. >> maria: thank you so much. coming up, we've got a lot coming up. >> i agreed to put this mask on. >> maria: sometimes i amaze even myself. one of the great famous lines from the original han solo in the new star wars movie set to make an amazing box office debut. coming up, a preview of the must have solo toys. what have you done with james freeman? >> you're thinkerrin thinking iy adopter of the amazon liquor delivery service. i'm actually just making my kids insanely jealous. >> maria: it's chewbaccca. where is james freeman? >> ♪ brighthouse financial allow you to take advantage of growth opportunities... with a level of protection in down markets. so you can be less concerned about your retirement savings. talk with your advisor about shield annuities from brighthouse financial- established by metlife. where we're changing withs? contemporary make-overs. then, use the ultimate power handshake, the upper hander with a double palm grab. who has the upper hand now? sta

maria, back over to you. maria: thank you so much, cheryl. big day today. what he expected the primaries? >> i will do for today given. dagen: don blankenship ran a whole company. he went to prison for that. president trump treated basically his support for the two republicans running against don blankenship. it seems to be that he was doing mitch mcconnell of favor because don blankenship had gone after mitch mcconnell and his wife elaine chao and as there were appalling and repugnant about her family referring to china people over and over again. it's just an embarrassment. the whole thing is an embarrassment, but the republicans have a shot at winning the seat if they run them by the who would you respect both candidates against joe manchin. this is a cost that. the polling is so-so and west virginia. one of the recent polls i looked out within the lead. >> the fact is there's no wiggle room for the republicans that they want to get their agenda executed. watching the races so closely. >> john mccain is very ill. they basically have no room for anyone on

maria: all right.shane you have breaking news from blake burman white house. >> latest note i guess adds to blake's reporting few minutes ago from senior white house fish steel, aluminum tariffs exception will be removed from european canada mexico decision announced shortly confirmed interesting we have been talking about it having all morning, a bold move. maria: it is. >> a bold move, probably would have bet against -- >> that they would have done it. maria: you thought paying poker. >> i thought playing poker i don't think right move i think to continue to negotiate with allies i think the deals to be done you have to iterate trade deals i don't think you go to that step you know. maria: see what big kahuna is china stealing our intellectual property forcing transfer of technology, they came out with a statement the white house did earlier this week, to try to combat that, we will see how successful they are in combating it. dagen: won't be able to lock on with allies now to fight china it is inter

maria: exactly. we will take a break gave him a come back, a florida sheriff's deputy clinging to his life after being shot in the line of duty. the latest on his condition is next. a sweet new deal for starbucks. agreed to sell across the globe of the multibillion dollars deal for both companies when we get right back. metastatic breast cancer is relentless, but i'm relentless too. mbc doesn't take a day off, and neither will i. and i treat my mbc with new everyday verzenio- the only one of its kind that can be taken every day. in fact, verzenio is a cdk4 & 6 inhibitor for postmenopausal women with hr+, her2- mbc, approved, with hormonal therapy, as an everyday treatment for a relentless disease. verzenio + an ai is proven to help women have significantly more time without disease progression, and more than half of women saw their tumors shrink vs an ai. diarrhea is common, may be severe, and may cause dehydration or infection. before taking verzenio, tell your doctor if you have fever, chills, or o

pretty cute, maria. maria: thank you, cheryl.is running out with royal bank of canada who hasn't a clue where negotiations are headed. looks like a deal worth time. we will talk about the new low-calorie offerings from cattle wandered that sales trying to compete with tito's. ♪ if you'd have told me three years ago... that we'd be downloading in seconds, what used to take... minutes. that guests would compliment our wifi. that we could video conference... and do it like that. (snaps) if you'd have told me that i could afford... a gig-speed. a gig-speed network. it's like 20 times faster than what most people have. i'd of said... i'd of said you're dreaming. dreaming! definitely dreaming. then again, dreaming is how i got this far. now more businesses in more places can afford to dream gig. comcast, building america's largest gig-speed network. now more businesses in more places can afford to dream gig. mr. elliot, what's your wiwifi?ssword? wifi's ordinary. basic. do i look basic? nope! which is why i have xfinity xfi. it's super

maria: terrific.want to do a timeshare versus just going to a hotel and having a week with their family there that way? >> yeah, the basic economics are rent versus own. at the end of the day you can stays 200 to 1500 two-bed condo versus traditional hotel room. you rent hotel room and get rental receipt back whereas once you pay the product you own it forever. buy it one time and own it for the rest of your life or in the case of new term product, we talked about the millennials can walk away from it at the end of 10 years. maria: reason to do it and you also know where you're going, you have this apartment and will you always go in the same rental property because you own that? >> no, actually, we have a point-base currency that's tie today ours, our members can go on cruises, they can stay. it enables them to have flexibility to travel the world and do other things, you know. maria: you can go anywhere. you closed on the purchase of the modern honolulu in hawaii. is this near the volcano that has e

i said the issues we addressed were the ones that i just described. >> maria: right. because what i'm asking is, if they're not even admitting that they steal our intellectual property, how are they going to agree to have any changes? that is the issue, right, the theft of intellectual property and the forced transfer of technology. what about that framework addresses those things? >> the framework went into a number of potential legislative changes, very all-encompassing thing. for the moment it's at the 40,000-foot level. this is not a definitive agreement. this is was we hope will be a path forward. if it doesn't work, the tariffs will go into effect. so nothing's been lost at all. >> maria: so did we commit to holding off on tariffs then? >> well, you can't be tariffing people at the same exact time that you're negotiating a detailed arrangement with them. so there's, as secretary mnuchin said yesterday, there's a hold on tariffs for the moment. >> maria: until when? how long are you giving this time line and this framework to come up with details, secretary, give

maria: i think it's going to ruin the raspberry. >> mushy. maria: yeah.t to try them. >> where are they? maria: i don't want everything mushed together. dagen: you want to try them, package raspberries and blueberries. lee: make my own. [laughter] maria: we will take a break, when we come back the celtics dominate lebron, the cafes in game 1 of eastern finals, king james gone viral after the game. hear what he had to say right here. back in a minute. how do you win at business? stay at la quinta. where we're changing with stylish make-overs. then at your next meeting, set your seat height to its maximum level. bravo, tall meeting man. start winning today. book now at lq.com same thing with any dent or dings on this truck. they all got a story about what happened to 'em. man 2: it was raining, there was only one way out. i could feel the barb wire was just digging into the paint. man: two bulls were fighting, (thud) bam hit the truck. try explaining that to your insurance company. woman: another ding, another scratch. it'll just be another chapter in the s

maria: status quo.ion, it is lying i need to get a degree where you can go out get a job, are they going to educate you the cost-benefit analysis of that degree people make fun of me i got art history degree wake forest was cheap as all out when i went to school there today i would not be able to make that decision. i would have to major in something hit the ground out of college pay off debt would cost me to go to wake. >> the opportunity for people you can work and go to school at night. you know, this thought that you have to go sign up for four year institution go be there, take on 50 to 60,000 a year student loan debt ridiculous, work full time go to school at night or vice versa different ways you can do that without signing on that bottom line. >> we leave it there great audio advice thank you so much a pleasure to see you chris hogan, new york city mayor rudy giuliani member of trump's team sheds light how president rei am bursted personal lawyer michael cohen for payment to stormy daniels, we w

maria: then there is g.e.me board nebraska o -- le board member of g.e. >> jack built a company that was made to withstand the test of time. maria: what happened? >> the culture first of chawl anged dramatically. there was a evident by the leader to unseat jack. jack was meticulous. he would go quarterly to every major business unit and get a complete review. who is your successor. what are you weak on, what are you strong on. it was unbelievable. and he was relentless. jack also had a great relationship with all this people. maria: when i was at cnbc i loved hearing from jack welch. he would send me a note and say good job on this, i'm glad you did this. that pushes a person ford. >> the key is to motivate people. maria: will g.e. ever come back? >> not like it was and a whole lot smaller than it was. >> it's easy to second guess the other guy, and i don't want to do that. i think some of the strategic decisions made at general electric for horrible. asset capital allocation was a disaster. to me they got out

, maria. cancer, you can look at autism, alzheimer's disease. there's a whole host of disorders that we can do targeted, very intense and as bob said large bite projects for. and again, this is not a new idea. darpa has done it for defense reasons, the intelligence agencies have done it with iarfa. the department of energy has done it. barta started it, making sure they take care of critical health calamities such as like an epidemicou epidemic outbreak. what about the other serious diseases that we face? cardiovascular diseases, cancer, alzheimer's disease, neuro degenerative disorders, autism, these are important disorders for which this model could help in a major breakthrough to get to patients as soon as we could get there. >> what are the barriers now? the government spends tens of billions of dollars a year on research. fa.what are barriers that you're overcoming now? >> really, it is a barrier of culture. barrier of culture many there is no law that prevents this. there is no philosoph

maria: for sure.agen: he would have a tendency to do that if he feel like the lighthizer and trade negotiations are not doing this with speed and i know that it's extremely complicated but if you start hearing that from president trump like either you get this done or we are pulling out of it, that is a huge danger. >> the markets are going with status quo. it's their view and status quo on nafta. lee: i think the american people will get frustrating. it'll be interesting who they blame, if they blame congress establishment, the establishment is going to be in trouble in midterms. dagen: you know who is frustrated right now because of the steel, aluminum tariffs, our farmers r the manufacturers in this country because, again, a lot of this is still up in the air, it's disrupting business, it's creating anxiety where there wasn't any six months ago. so, again, be careful what you say and be careful what you promise. maria: jon hilsenrath, have a good weekend. thank you, jon. explosive eruption in hawai

maria: welcome back. with the u.s. and china talking trade this week and crucial talks ahead of the korean peninsula meeting between the president and kim jong-un, we are watching asia. we're bag right now with hayman capital management founder kyle bass. kyle you're invested in china, in hong kong. talk to us first about what you've witnessed in terms of the u.s.'s stance against china and what china does in terms of intellectual property theft as well as the trade deficit, $375 billion deficit with the u.s. >> right. if you look at the u.s., you know, current account balance, which, you know balance of trade is one of those key inputs and a key driver, we are basically seeding we think 450 bail ondollars a year of our weght to mostly southeast asia, a little bit to mexico. and our policy with china -- we allow china to send to the wto in 2000, is one of being a pass passivist. it goes back to kissinger, excek accelerating under obama. first what was happening wa wast was just cheaper to make things over there. and ch

maria: hilarious.his speech and i wanted to see how voters reacting, we saw independents are softening towards the president, he's not sure he will get deals done, some of rhetoric is wearing a little thin with them. you still believe that things are going to get done and what does it mean for midterms in. >> i think the american people are seeing things getting done and i think sometimes i comet pair it to like road construction n the beginning we have to shut lanes down, maybe redirect traffic that causes a little bit of angst but when you get through the initial push and the other side and once it's done, smooth-sailing, people like it. i'm not completely surprised by it. as we see more success on the economy and because of the president's leadership on the world stage, i think people are going to get comfortable with that and they are going the like the results. dagen: marc, in terms the democrats will run on we have seen from chuck shuim -- and nancy pelosi, rising gasoline prices, premium increas

maria: and lowe's.t this morning, again -- transition here for the fourth year in a row. >> they are all reeye firj guidance as well as earnings earnings intact just what are they going to do competing gnz each other on tap. >> joining the conversation joe lieberman in studio, republican national committee chairman romney mcdaniel with us former ceo dollar general cal turner, jr., host of "varney & company" stuart varney weighs in don't miss a moment of it kick off right here with this, comcast, breaking news, from comcast, says it is considering a superior all cash offer to acquire 21st century fox after spin new fox any offer for fox would be all cash at a premium to the value of current all storeh share offer from disney you know comcast trying to break up the deal that is already in place, between 21st century fox and disney, disney down a third of a percent percent come passivity shares down 1 1/2% considering, an all cash offer they are calling superior to the disney offer we will watch this obvio

i'm maria bartiromo. coming up, kyle bass, my special guest. and then later on in the program, my interview with wells fargo ceo tim sloan, candidly talking about the scandals that's plagued his country recently. first, deidre bolton has the big headlines impacting everything from wall street to main street this week. >> april's jobs report was mixed. unemployment dropped to the lowest level since 2000 in 3.9%. that headline number was strong but there were fewer jobs added to the u.s. economy than forecast. 164,000. wage growth rose to 6.2%. employment specialists see a 3.9% level as a competitive job market. president trump's economic team was in beijing on thursday and friday. trade talks are intense. the u.s. and china are so far apart on big issues, the u.s. wants to reduce its trade deficit with china by $200 billion by 2020. china wants the u.s. to back off on threatening tariffs on chinese goods of up to $150 billion and accusations of intel leg chuintellectual propen rife. as they continue negotiating, the meetings, a win. the u.s. del

maria: spy on everybody. missouri congressman and house financial services committee member blake luca meyer is with us this morning. jason chaffetz back with us via chief of staff under bill clinton and the clergy chairman mack bacardi here once senior strategic analyst, general jack keane as well. don't miss a moment. a good three hours coming up with this top story. the next steps for starbucks to the coffee chain to close within a thousand doors across the country this afternoon for antivirus training. two black men arrested last month. your member for trespassing after a store manager called the police because the men were sitting in the store without placing an order. starbucks has since announced anyone can use its restaurants and spend time in the stores, even if they have not made any purchases. a big interview right here come the sitting down for an exclusive kevin johnson at 8:30 a.m. we want to ask him how this training went today because this will make a difference. >> it is going to make a diffe