gerri willis said maybe 6 next year.ar three according to fed governors.s at the fed steve moore? >> i was going to say are you accusing fed of being political? if you look in last 50 years50 it true that the fed does tend to juice the economy in election e year.ar so this would not be theno first time. but, i am old fashion.ar i believrye that one goal of fed should be to keep inflation under control and 0 to 2% target range. and they should not strayra from that so, pumping that pum money, the economy with more money right now could been unleashing othert torrent of inflation, i am not sure but i will say we're old enough to remember late sifts with brief reduction -- late 70s, then brief reduction shups up andup. i want stable prices. larry: i agree 100%. and commodity deflation comes from china.at and soio for, that is not bad after 3 years of inflation,d but, you have these fed governors, the woman that runs san francisco fed, mary daily, she bailed outic silicon valuon valley bank, we give her low marks, shepe is in paper today, "wall street journal"

gerri willis said maybe 6 next year.ar three according to fed governors.is happening here, politics at the fed steve moore? >> i was going to say are you accusing fed of being political? if you look in last 50 years50 it true that the fed does tend to juice the economy in election e year.ar so this would not be theno first time. but, i am old fashion.ar i believrye that one goal of fed should be to keep inflation under control and 0 to 2% target range. and they should not strayra from that so, pumping that pum money, the economy with more money right now could been unleashing othert torrent of inflation, i am not sure but i will say we're old enough to remember late sifts with brief reduction -- late 70s, then brief reduction shups up . i want stable prices. larry: i agree 100%. and commodity deflation comes from china.at and soio for, that is not bad after 3 years of inflation,d but, you have these fed governors, the woman that runs san francisco fed, mary daily, she bailed outic silicon valu valley bank, we give her low marks, shepe is in paper today, "w

gerri willis. >> will: gosh.walls so mean. >> tom: she brought the fox business angle in there. didn't she? that was fantastic. janice, a tough road to hoe here. janice. [cheers] >> janice: i love you. [ai love all oppf you. it's all about convenience, right? my dad, howard dean, not that howard dean. [laughter] >> janice: owned one of the first artificial christmas trees in theirst u.s. made in the u.s. and we had it for 30 years! >> wow. >> janice: 30 years. you can ask my mom. i take that into my family. we also have an artificial christmas tree that we have hade for 12 years. and we bought that christmas tree on sale for 80% less. so, it was about $50 and we have had it for 12 years so do the math. economy, gerri willis. >> yeah. >> janice: we are saving money and the economy with our artificial christmas tree. >> tom: janice dean, ladies and gentlemen. >> janice: that's it? thank you aliol so much. i love you so much. [cheers and applause] >> tom: okay. janice should be penalized for going to the audience. >

let's hear from our own gerri willis.ri, you have got wisdom. >> reporter: larry, this is a good day for the markets. let's take a look what's happening. santa claus is coming to your portfolio. all three major averages rising today, extending a year-end rally that lifted stocks to 2023 highs. the dow higher by 250 point. we can see the s&p also up by 27, nas here up 98, good moves for all three major averages. behind those moves continued wall street confidence that we'll see rate cuts next year. the fed has talked about three rate cuts. we're likely to see six, that is according to the futures market. they're always optimistic. while the tech giants have led most of the rally we've seen over the past two months today there was rotation into value stocks. and from the oil patch, you've been talking a lot about this, the energy sector on fire today after attacks on commercial ships in the red sea pushed up oil prices as you can see right here. not a huge move but a move higher. finally as mortgage rates retreat, housing s

maria: all right, gerri, thanks very much. gerri willis, a.i. neat stuff, right? my whole thing is american ingenuity, that's happen whatting here in america. maria: how do you think a.i. changes the way you live? i mean, this is a design application. but, no, the worry is, that's going to take jobs. >> yes, but i think the promise of a.i. is that it helps us see things that we hadn't seen, achieve things that we didn't think we could achieve. and ultimately lower costs and promote creativity. so, yes, there probably will be some jobs lost but sounds like there's real gains there. maria: that's certainly -- that story was about the promise of a.i. >> like all technology it has up sides and down sides. a.i. i think has tremendous potential to improve everybody's life, make your life a lot easier. but the down sides are really extreme as well, meaning when it falls into the -- when, not if, it falls into the hands of people who will abuse the power, the invasion of privacy, the taking over of your life, the intrusion of the government, a.i. can be

gerri willis, fox bus. >> thanks, gerri. rich? >> the hair trend from the 80s is making a comeback. the people requesting it might not be who you'd expect. hair stylist tell the "wall street journal" that team boys are rocking perms. a perm solutions seller says about 1 1/3 of them will be males. jonathan? >> i'll be back tomorrow. i'll be rocking a perm, too. i'm jonathan hunt. >> bret baier is next. >>

larry: now switch gears to stock market, it wound up big, fox business gerri willis with a lot more forporter: you bring me in with the stocks go up, i noticed, they are back. stocks rally after a broad sell-off yesterday with all 3 major av averaging ends in the green. so good performance there. stock advance on hopes for a pivot by federal reserve and a soft landings for economy, treasures mixed at the end of the day, third quarterfinal gdp revised down to 4.90% from 5.2%, and higher than second quarter 2. .1%. >> s&p advance -- you like to see that. good news for homebuyers mmost g gang rates continue to fall. >> thank you very much gerri willis, merry christmas. >> for more, bring in kevin o'leary. shark tank investor. mr. wonderful, kevin, here is a hidden colonel, i think that stock been well because i call profits, companies have to be profitable. if they don't have profits they have to contract, they have surprised on the upside. along with interest rates maybe surprising on down side. what do you make of that combination? might it last? >> i af i agree. if is better, not just s

gerri willis is live with the details. good morning, gerri. >> good morning to you, mike.right. nyc is giving big tax breaks to luxury office developers here in nyc even as more and more employees work remotely. between 2014 and 2022 the city doled out 1.5 billion in tax breaks. the recipients include are hudson yards, this development behind me here. but also the bank of america office tower in mid town and nbc headquarters in rock center. in 2022 alone the city doled out 171 million in these tax breaks. now, hudson yards is mixed use, high-end retail and pricey office space. in fact, taxpayers had to pay $74 million for that last year alone. the city's investment was supposed to pay for itself. that hasn't really worked out. supposedly tax revenues from real estate were supposed to off set what the city spent. unfortunately project costs were underestimated while revenues came in a half billion lower than expectations. pro p -- guess what? more to come. nyc mayor adams saying they'll do even more of these kinds of deals as much as 10 million square feet of office retail

gerri willis, fox business has the story now. >> that's right.upreme court today weighs whether members of the sackler family should be shielded from future civil litigation as part of a settlement deal involving purdue pharma maker of oxycontin. as we see here the total amount is $6 billion. members of the sackler family who own the company have offered that amount to settle thousands of lawsuits alleging the pills fueled an opioid epidemic. the case is dividing families of opioid victims. some say the sacklers should continue to pay. allen isaacs, whose son died of an opioid dose opposes the settlement. her attorney wrote this. a court should not bar victims from enforcing their rights while allowing perpetrators to profit from wrongdoing. christie's son died of an opioid overdose and what she had to say earlier on your show. >> my feeling is that richard sackler and his family have pretty much murdered my son and they have no right to get immunity from being sued. >> purdue started marketing oxycontin in 1996 as a safe, non-addictive pain reli

you wear it well, gerri. gerri willis, thank you very much.irector of jewelers of america, amanda gizzi. we have, and maybe get a closeup of this, four diamonds here. you say by the way, i like the way you said it, they're all real but one is lab grown. >> correct. david: put up the picture of the four rings again. one of these is lab-grown. i'm going to turn it a little just so you can see the sparkles there. i don't know if either -- if anybody can tell. can you look at camera there and tell which one you think, number one, number two, number three, or number four? lauren: one. david: you think it's this one that's lab grown? i hi it's this one based on the color. that's the smallest carat wise. who got it right? >> you got it right. david: i did? >> you did. david: holy mackerel. i said that because it's a little darker and doesn't sparkle quite as much as others. is that right? it sparkles wonderfully but not in the same way the others sparkle. >> the interesting thing about diamonds and lab grown is the way to educate yourself. all natura

gerri willis jointly, how is this impacting the election?it is a potential game changer. pushing younger voters to trump. a new fox news paul showing the former president with a 13 point lead over president biden for voters under 30. the economy is one of their biggest concerns. they take a different view to the presidency. here's a report sure to fire some generational angst. america's wealth is concentrated among other people, household age 70 and over own 30% of the nation's wealth, 55 to 65 own 42%. together, 46.7% of the nation's households, 72% of the voting. household age 40 to 54 on just 20% of the nation's wealth, folks hundred 40 get under 7%. these two groups are 53% of all households, just 27 the wealth. to be sure, the strong stock market and rising housing valuations post covid help older americans but they also had decades to reap the rewards of stock investment and home ownership. >> young persons who haven't had the time to save money to purchase a home are not seeing the same increase in wealth that existing homeowners, it

right, gerri willis? >> that's right. when it comes to returning your christmas presents, it may be now or never. i'll tell you about it after the break. and where it's headed. no fingersticks needed. manage your diabetes with more confidence. freestyle libre 2. try it for free at freestylelibre.us marlo thomas: my father founded saint jude children's research hospital because he believed no child should die in the dawn of life. in 1984, a patient named stacy arrived, and it began her family's touching story that is still going on today. vicki: childhood cancer, it's just hard. stacey passed on christmas day of 1986. there is no pain like losing a child, but saint jude gave us more years to love on her each day. marlo thomas: you can join the battle to save lives. for just $19 a month, you'll help us continue the lifesaving research and treatment these kids need now and in the future. jessica: i remember as a child, walking the halls of saint jude, and watching my sister fight for her life. we never imagined that we would

fox business's gerri willis has a lot more.u keep delivering a great rally. >> reporter: you bring me in when stocks are rallying. they ever back after broad selloff yesterday with all three major averages ending in the green. s&p 500 and nasdaq both closing up 1%. so food performance there. stocks advance on hopes of pivot by the federal reserve, a soft landing for the economy. treasurys mixed at the end of the day. third quarter gdp revised down from 5.2%. that is strong result nonetheless higher than the third quarter 1.2% final. good news for the investors. s&p advance was brought with the 450 indexes 500 names higher. you like to see that. good news for homebuyers, mortgage rates continue to fall. freddie mac reporting rates for 30-year fixed rate mortgage, 6.7%. larry. larry: gerry, thank you very much. merry christmas. see you soon for more, let's bring in kevin o'leary, chairman of "shark tank" ventures and, go to kevin from gerri willis. you know, kevin, here's a little hidden kernel, one reason i think stocks have don

gerri willis reporting from fox business from new york's diamond district. >> 'tis the season. season and more and more americans are thinking about manmade diamonds, lab-grown diamonds. you can see them here, market growing and sales totaling $12 billion up 38% from a year ago. in fact, it's 20% of the entire diamond industry right now up from 1% in 2015. we're clear at the clear cust with olivia. she is the owner of this enterprise and also a gemologist. we have lots of questions. let's start with how are these two things different? and really, how much more would i pay for an actual diamond from the ground compared to a manmade one? >> yeah, so natural diamond is grown under the earth over billion else of years. lab grown diamond is a laboratory. very different in brines. a lab grown diamond we only sell natural diamonds but give away the lab grown diamond for a travel ring. a natural diamond costs thousands of carat depending on the quality. consumers need to know the inherent value. there is no inherent value in the lab grown. the natural will hold value over time. they ne

gerri willis, you're great. thank you for your help.d council of economic advisers in the trump administration and author of the most important book of the century, the drift: stopping america's slide to socialism. it is interesting, kevin, whatever the fed does, whatever gibberish comes out of various fed heads, the markets pricing in lower interest rates and 10 year, which is the bell weather has gone from just over 5%, i don't know a month ago, maybe less, today it closed about 420. that's a huge, huge drop. and on top of that, the index of leading indicators making a charge and up 19 straight months. that index -- it's fallen 19 straight months and that's a bad sign and manufacturing ism fell again today. i think that's the ninth or tenth. so inflation is soft, interest rates is coming down and oil coming down. is there a recession in the cards? that's going to be the next question. >> right. i think there probably is a recession coming in the next six months. leading indicators have never dropped so many times in a row without thei

martha: -- maria: gerri willis.mily to yours, merry christmas if the from the entire crew. my producer carolineing with her family. merry christmas and happy new year with. you're watching "mornings with maria" live on fox business. ♪ ♪ i just want you for my own more than you could ever know. ♪ baby, all i want for christmas is you ♪ so i started preparing physically and financially. then you came along and made every mile worth it. hi mom. at vanguard you're more than just an investor, you're an owner. helping you prepare for today's longer retirement. that's the value of ownership. (sfx: stone wheel crafting) ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ maria: time for the big buzz of the morning. a group of santas getting into the christmas spirit for venice's 13th annual christmas regatta. the santa it is swap ising sleighs for gondolas as they race a against friends and families in the

fox's gerri willis reports on their predictions for us. >> housing markets that saw the biggest saleslines in 2023 are projected to achieve double digit sales growth in the new year. realtor.com which shares ownership with this station, says those markets include the northeast and midwest. >> homes are still much more affordable there than in other parts of the country, and so not as many buyers are held back. >> toledo, ohio standing out as the only market on the list projected to do better than the average home sales levels during pre pandemic times. factors drawing buyers to the midwest and northeast regions include relative affordable options in comparison to larger urban areas and a higher quality of life with cultural amenities, recreational opportunities and educational institutions. the other major grouping of markets expected to do well is in southern california, where home sales have been sluggish even though if we compare this to the pre-pandemic period of 2017 to 2019, home sales in california are still expected to be much lower. >> they are going to see a nice rebound in

gerri willis, fox business this is ktvu fox two news at six. >> new information in a deadly stabbinga tonight. investigators confirm that a man has been killed and a woman seriously hurt. we also now know that the suspect, a firefighter paramedic in coma later. died from a self-inflicted gunshot. good evening, everyone. i'm mike mibach and i'm julie julie haener. >> police say they were called to a home in pacifica this morning. that's where they found a man and a woman who had been stabbed. the man was pronounced dead at the scene. then a search began to find the killer. and later this afternoon, authorities say the suspect was found dead more than 100 miles away in ukiah in mendocino county. ktvu is crystal bailey picks up our coverage now. she joins us live from pacifica with new information tonight. crystal well, julie, it's a really interesting turn of events here, especially from a quiet town like pacifica. >> we're learning that 46 year old jason guillen water was arrested for domestic violence here at the same property on december 14th. now, he posted bail and just yesterday,

, gerri willis is a brave soul in a mall in wayne new jersey where customers are flocking.l you the place is full of folks returning presents. what are we expecting? $173 billion worth of christmas gifting will be returned over this whole holiday season. that is up two billion dollars from last year. we spoke to some consumers, what it was like this year, how is it different? it is a ring of experiences. listen. >> there was no issue. we got the right size, we tried them on, they fit. there was no has sill, no problems. >> i notice they're pushing more store credit versus like cash or, even exchange actually. they are asking me to just return an item for another item. >> reporter: and so, what retailers are doing is really struggling with all of these returns. it is really hard for them to process them all. so what are they doing? they're giving out shorter return times. one in seven retailers are only giving you a week to return these items. they're introducing new fees. they're saying hey, we're not paying the tab if you're sending it back by mail. free fedex certificate

gerri willis, fox business. >> all right.f tonight's big game, niners running back christian mccaffrey embraces the season of giving how he rewarded his offensive unit this holiday season. and a quick reminder that you can actually stream ktvu news using your new tv app. you can watch live newscasts and stories on demand on your amazon fire tv. your roku, your apple tv, and your android tv. just search for the fox local app and then you can select ktvu, fox two, and you can watch all of our content right there now the community has been responding to the recent spike in violence, and an online poll circulated this year about which animal should be the official animal of san francisco. so who people thought was the best choice from ktvu to fox two news, this is mornings on two. >> welcome back. >> here's a live look at downtown san francisco this morning. on this christmas day day, a little hazy out there right now. but you know, things are probably going to get a little bit better. welcome back to ktvu mornings on two. as we

gerri willis is in new york city and how much is the city losing because of this?a case of losing? between 2014-2022, the city put out one. $5 billion in tax breaks to luxury office developers and people who were benefiting, behind my shoulder here, bank of america office hour in midtown, nbc headquarters, you see the beneficiaries, this year alone $171 million was spent on these tax breaks. it was supposed to pay for itself, rising real estate tax levels offsetting the city cost but hasn't worked out that way. the project cost were underestimated as revenues came in half a billion lower than expected. city forced to make up the difference. for to tell the other side of the story proponents say these buildings are supposed to be a magnet for companies, bringing in innovation to the city. not everybody agrees. listen. >> came at the detriment of other districts. in our study, we show more than 80% of companies that moved to hudson yards by 2019, in other parts of the city. >> reporter: eric adams is planning to do more of this. she wants a new round of 20-year tax b

in new york gerry willis foxbusiness. >> gerry, thank you. >> it could be a very merry christmas foryer tonight's powerball soaring to a whopping $620 million after no winners were announced during wednesday night's drawing the grand prize is the 12th biggest powerball jackpot ever. do you do scratch offs for christmas is a big family tradition in our house for. >> i don't but about when a powerball i will still totally hang out with you, by appointment. merry christmas progress you're the best, merry christmas. that is it for us we are back at noon eastern tomorrow but have great time with your families everybody. before they expire. visionworks. see the difference. pain hits fast. so get relief fast. .. they release medicine fast for fast pain relief. and now, get max strength topical pain relief precisely where you need it. with new tylenol precise. this is our last chance to help save thousands of holocaust survivors who are suffering in the former soviet union today. the needs that these forgotten jews have are something beyond anything you can imagine. have you eaten this morni

gerri willis has more on what's coming into thousand 24. result is more money from all of us. >> reporter: for of people. you are about to increase your take-home pay without getting a raise. the irs putting in place higher limits for federal income tax brackets in the new year, americans will be able to shield more of their income from the taxman. they are increasing by 5.4% for individual and married filers. the tax rate remains 37% for 2024. it starts at $609,350. the reason for the change, avoiding bracket creep when inflation pushes people into higher tax brackets when they have little additional purchasing power. this year's change is not going to fix the problem. >> it is never going to keep up all the way. making this one time adjustment based on cpi doesn't go into effect until january. you have the lag period. >> reporter: standard deduction rising from 27,700. married couples filing jointly, 5. 4% bump. for individuals, it will be 14,600 from 13,850. the standard deduction reduces the income you pay taxes on, the irs also increas

gerri willis, fox bus. >> thanks, gerri. rich? >> the hair trend from the 80s is making a comeback. the people requesting it might not be who you'd expect. hair stylist tell the "wall street journal" that team boys are rocking perms. a perm solutions seller says about 1 1/3 of them will be males. jonathan? >> i'll be back tomorrow. i'll be rocking a perm, too. i'm jonathan hunt. >> bret baier is next. >> thanks. good afternoon, everybody. i'm bret baier in for martha maccallum. welcome to a special edition of "the story." breaking reports of a new attack on a container ship in the red sea after the u.s. retaliates against iran-backed hezbollah strikes on american troops in iraq injuring three of our service members. one of them critically. the attacks against u.s. forces in the region piling up. we're at more than 100 since the start of the war. u.s. officials for weeks now have been warning the situation could spiral in to escalation. congressman michael waltz says our response has not been nearly strong enough. first to trey yingst reporting live from tel aviv. good afternoon, tre

i think she like our own gerri willis. what did she say? red team. awesome.to? carol, do you know this? do you have any insider information? i don■t. i just know geri is awesome. yeah, and she loves christmas. i'll give you some dough. why would she not love carolers? yeah. that fair, geri? yeah. it's absolutely awesome. i love it that! deck the halls with boughs of holly. fa la la la la la la. yeah, yeah, yeah. geri, what do you think, guys? thank you, red team. you're really kicking it in this round. you seem to be dominating. okay, moving on to the final round where we find out what america thinks. our elves pulled a thousand people all across the country. your job is to guess the results of the. here we go. when do you take down your christmas tree? before or on new year's day? or do you take it down sometime after new year's day? green team. what do you think? america said my my guess is just because you see the the tragic tree litter like the day after christmas. so i guess more a little more on because then everyone has to go back to work right before

gerri willis is at a mall in new jersey. in the return lines today? >> reporter: there will be lots of people, we have a return preview today. experts say one hundred $73 billion. amazing number, worth of christmas presents will be returned, that's 2 million more than last year and where will they be returned, some will go through the mail but some will be at a mall like we are in, in new jersey, wayne, new jersey, where are the people? the mall opens in two hours and the senior general manager is here to tell us about how many people are you expecting to be here when you open? >> will be a busy day. the whole season, we have seen crowds that exceeded last year and we expect the same today. >> reporter: you said 50,000 the saturday before christmas, you can get the same number again? >> absolutely. everyone is ready to come out, may have been the most perfect thing for them. >> reporter: you say right now is me time because people aren't just returning gifts but also spending money. >> the focus has changed. before christmas

gerri willis is here how they are dealing with all this say can't office space., gerri. >> reporter: good to see you, kelly. what we're seeing new york city is giving luxury office developers big-time tax breaks to build and develop and even as more and more employees stay home from work, work from home. between 2014 and 2022 the city doled out $1.5 billion of tax breaks. who got them? hudson yards where we are today, it is a mixed use development. also bank of america, their midtown office tower and rockefeller center, nbc headquarters. this year they spent 171 million in taxpayer dollars on these projects. originally what was supposed to happen, they were supposed to pay for themselves. the city's investment would pay for by increasing tax revenues from real estate but that really hasn't happened. in fact the project here, those costs were underestimated while revenues came in half a billion lower than expectations. the city was forced to make up the difference. now proponents of the program say, hey, we're transforming aging office building into magnets for in

i think she like our own gerri willis. what did she say? red team. awesome. think she likes to? carol, do you know this? do you have any insider information? i don■t. i just know geri is awesome. yeah, and she loves christmas. i'll give you some dough. why would she not love carolers? yeah. that fair, geri? yeah. it's absolutely awesome. i love it that! deck the halls with boughs of holly. fa la la la la la la. yeah, yeah, yeah. geri, what do you think, guys? thank you, red team. you're really kicking it in this round. you seem to be dominating. okay, moving on to the final round where we find out what america thinks. our elves pulled a thousand people all across the country. your job is to guess the results of the. here we go. when do you take down your christmas tree? before or on new year's day? or do you take it down sometime after new year's day? green team. what do you think? america said my my guess is just because you see the the tragic tree litter like the day after christmas. so i guess more a little more on because then everyone has to go back to w

gerri willis is in new york city in an apartment that is a real world example, saving some money too. >> reporter: saving some money, you may have wanted to hire an interior designer but couldn't afford it, ai is a game changer. we are in an apartment that is designed by ai. the company is bringing ai to the process of design using the human touch and technology. listen. >> one of the key applications is creating design for designers. and various styles to generate preliminary pallets and patterns. >> it starts was a q and a of the client and two competing design is competing for your business, furniture samples, and before you buy it. the differences is cost is too big, and $699 for a room like this bedroom here but the other big savings is time because you are not working with a designer to interview you and put together a list of your preferences. it can take days or weeks to get a design compared to months. liz: i will take that. these contractors and subcontractors take months and even years. thank you so much. fox business alert. the sphere entertainment reaching for the stratos

gerri willis is with me. what's the main issue here?e sack herreras avoid e payouts and the maker of oxycontin and members of the sackler family that owned purdue pharma offered $6 billion to settle thousands of lawsuits alleging the pills fueled an opioid epidemic. paying out over billions over 18 years. that's an important point. this gets paid out over nearly two decades. now the case is dividing families of opioid victims, some of whom are eager to move on and others say the sacklers should continue to pay. allen isaacs who's son died of opioid overdose opposes the settlement. her attorney michael quinn wrote in a supreme court brief saying, a court should not bar victims from enforcing rights while allowing perpetrators to profit from i don't think doings and christie nelson's son died of opioid overdose and here's what she had to say earlier today on fox news, listen. >> my feeling is that richard sackler and his family pretty much murdered my son and they have no right to get immunity from being sued. >> tensions running high her

. >> mike: gerri willis live in new york city. thank you very much. >> molly: nasa launched a mission to intersect a massive asteroid. known to researchers as the god of chaos it was first discovered in 2004. it is more than 1,000 feet wide. expected to pass close to earth in april 2029 within 20,000 miles of the earth's service. nasa is on it. >> mike: that was fun. "the faulkner focus" is next. julie banderas is in for harris. have a great day. >> julie: senior defense official sounding the alarm on a significant escalation in the middle east. u.s. navy using an anti-ship ballistic missile for the first time to stop incoming missile fire from houthis in the red sea. iran problem front and center stoking major fears of a wider war. good afternoon, everyone. "the faulkner focus", i'm julie banderas in for harris. thank you for joining us today. a lot of news to cover for you. we'll begin with more than 100 attacks on u.s. troops in the middle east since october 17th. iran proxies going after our men and women overseas. one top sen

gerri willis joins us now.at but at the same time it's a little startling. >> i am obsessed with the story and i been looking at all the pictures of oprah she looks like a 20-year-old, i have to tell you she lost so much weight, sharon osborne, tracy morgan, all these people, hollywood loves this drug. i have to tell you maybe the most famous dieter in the world when she makes that choice it really matters she's admitting she's taken weight-loss drugs to slim down and manage her weight. oprah winfrey who turned 70 next month says she uses as a maintenance tool in addition to diet and exercise. normally this is not big news that a celebrity is taking wegovy, ozempic or mounjaro for weight-loss they surged in popularity this year end into jackson for type two diabetes that's what it was supposed to be used for the opera publicly back in the drug certainly significant, she is a major investor in spokesperson for weight watchers a company that spent six years advising people to count the calories and use willpower,

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thank you, gerri willis, live in the news room. okay, well, crypto currency is once again the star asset class of 202 is bitcoin and related stocks and rally hard this year. but could a new bill that's making its way through the senate for cold water on the digital assets in the new year. the chamber of digital commerce tell us she's worried about the action on the hill. valkerie bitcoin minor up 3.9% and the claman countdown is coming right back. they're waiting for you. hey, do you have a second? they're all expecting more. more efficiency. more benefits. more growth. when you realize you can give your people everything, and more. thank you very much. [applause] ask, "now what?" here's what. you go with prudential to protect, empower and grow. with everything you need to deliver, you guessed it... more. one more thing... who's your rock? learn more at prudential.com hi, i'm tali and i lost 85 pounds on golo. (upbeat music) i started golo because i was unhealthy due to my weight. the minute i started taking the golo release, i kne

gerri willis reporting for fox business at the willow brook mall in wayne, new jersey.> that's right. $173 billion is the amount of christmas gifts that shoppers will be returning today and through the coming weeks. that's $2 billion more than last year. the number is growing. we're at willow brook mall here in new jersey. i'm here with the senior general manager, ryan. he will talk to us about how much money is going to come through these doors. let's talk about the number of people. how many people are you expecting? >> the entire season we've been exceeding the numbers from last year. over 50,000 people here on saturday and we expect a similar number here today. >> already i have to tell you we see people coming into the mall and it isn't even open yet. what they'll find if they return the gift is shorter return periods. one in seven companies are saying you can only have a week to make your returns. higher fees and guess what? fewer free return offers. if you were relying on, i don't know, say fedex to return your gift and thought the company would pay, maybe not. m

jer by lille -- jer by will -- gerri willis is here. >> reporter: stuart, you can use it to design yourre here today to talk about an apartment that's been designed that way. the fit and the finishes, this beautiful stone here, all from an a.i. company called deckorilla. what do they do? they're able to reduce the cost as much as 80% by using a.i. now, they don't lose the human touch, they have some 350 design experts on staff to answer your questions, help you out. listen to this. >> i wanted my house to be designed in a style and i received three proposals in luxury style, and i loved all of them. the whole experience of choosing one saved a lot of time. basically i'm just seeing my house when this whole thing got decorated in no time. >> reporter: so it all starts out with a q&a with the customer to find out what they like and then two designers compete for your business creating mood boards that include furniture and palettes and all kinds of finishes. and then they load this all into 3-d technology, they give a virtual 3-d tour. you can see all these elements in your home, see yo f

gerri willis is with us for what's next in this legal battle? >> good forsee you.k winning a reprieve from a montana judge said the state law banning it can't go into effect in january because it violates free speech. he granted a preliminary injunction blocking the law passed by the montana legislature earlier this year. a spokesman for the a.g. office said this. it is a preliminary matter at this point. the judge indicated several times the analysis could change as the case proceeds and the state has the opportunity to present a full factual record. we look forward to presenting the complete legal argument. now the stakes in the montana case are high. the app owned by chain camera-based bytedance has been under intense scrutiny over years as they face accusation they share information on their 150 million users with beijing as well as the impact on the mental health of younger users. tiktok for its part has said it does not share user data with the communist party government and did not respond today to our request for information. no other state has implemented