100 points off. Russian president Vladimir Putin not holding back in that exclusive interview that you saw here this morning on cnbc, telling a global audience that sanctions imposed against his nation for russias actions in ukraine will in his words boomerang on the United States. What threatened the energy markets. Well have a closer look and hear more of what mr. Putin said at that time. Maybe thats contributing to the Broader Market backdrop here. Also its the crown jewels sporting event of the memorial day weekend, the indianapolis 500 but its not just a car race, also big business. Do you know the minimum racers pay to participate in this event . Its 650 now, and it goes up from there so why does it cost so much . Well speak with the race president live in just a few minutes. It must be the Car Insurance. Can you imagine what the Car Insurance premiums must be going around that track . A great question. Please ask that. I have a good question now. The dow is up 57 points this hou
Were taken by Undercover Police officers while they watched a team of seven south american thieves clean out an old navy store. Shirts at 22. 50, and they got the whole rack. When police moved in to make the arrest, they found enough merchandise to fill a room. All taken in less than an hour without anyone inside the store noticing a thing. [ticking] we have never seen a problem of this size and magnitude in world history. Now hang on. In world history. Theres more counterfeiting going on in china now than weve ever seen anywhere. Name an american brand. Any brand. Any kind of product. Just name it, and well tell you something about it. Its probably being counterfeited in china as we speak. This is the most profitable criminal venture, as far as i know, on earth. Counterfeiting. Counterfeiting and your partners dont kill you. Welcome to 60 minutes on cnbc. Im steve kroft. In this edition, we look at the multibillion dollar business of international crime. First, we report on the theft
For ukraine. Vice President Biden is in ki echt v for critical meetings with the interim government. Russia has accused kiev of breaking last weeks agreement. So far it seems that the prorussian separatists are showing no seen of deescalating the occupation. One of the crew members revealed they couldnt reach the life boats because the ship was listing. The number of confirmed dead has risen over 100. Facing charges in pennsylvania. Police say they led a drug ring at several high schools and colleges. This was not a game. These people were in business, they were in business to make money. The american dream, Meb Keflezighi wins at boston. One year after the bombings, 36,000 runners raced across the city to take back the finish line. One runner was less than a half mile from the finish line when his body simply gave out. Four other runners picked him up and carried him across. People who hate will never, ever, ever win. We won. Take a look at this video. A leopard on the loose in india.
Unconstitutional. Glen should this vindicate Edward Snowden . How can it not vindicate him . Breaking news this morning, a Helicopter Crash in southern afghanistan. Six American Service members were killed. The cause is still under investigation. The wildfire in big sur, california, has destroyed at least 15 homes and forced the evacuation of 100 residents. Meshs veterans emerging at the center of a budget battle as the senate is set to vote today on a deal that would cut military retiree benefits. Tonight Mega Millions jackpot isnt ap alltime record but a good chunk of change. 586 million. Everybodys going crazy. Rock and roll hall of fame northern plainsed its new inductees. Kiss nirvana, hall and oates, Peter Gabriel, and cat stevens. George zimmerman put this up on ebay. It quickly skyrocketed up to nearly 100,000. All that. Joe johnson he cant miss paul mccartney, get the man a tshirt. On the way, and it is good from 61 unbelievable win the game. My fantasy team is benefiting. All
Than 3 in the month of july. Nasdaq is at 13year high. Up 5 and in that time, what happened to june in the june swoon came and went. Remember when bernanke calmed investor fears about economic stimulus tapering plan. Coming up, we will hear from one big bertha says all of the feds moves will end up back firing on this market. Oh, harry, harry, harry. Lets see where we stand right now. The stocks this morning are like race horses at the starting gate. Just itching to get out of that starting gate. They took off this morning. Up 60 plus on the open. Then side ways. Then just in the last half hour, another move higher. Dow is up 175 at its peak about 15 minutes ago. Just off that with a gain of 163 with 15,455. Nasdaq is up 53 point for levels we havent seen since october of 2000. So 12 1 2 year high. If you want to put it that way. Saip in record territory. Above 1669. Up 21 point. We got technology, economically sensitive, after a the june swoon down, s p 500 less than an hour from a ne