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tv   Cavuto Coast to Coast  FOX Business  October 7, 2016 12:00pm-2:01pm EDT

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as you can see that is torrential rain. the wind is extreme. you see that in the palm address address -- trees. you don't see the storm surge. that will be a problem. you see a little bit of it. charles payne. that is yours. take it away. >> welcome to "cavuto: coast to coast," i'm charles payne. neil cavuto heading out to coverage of the presidential debate. jobs, continue to slow down. oil giving back after really big week. also probably weighing in. we'll dig into all of this in a moment. but first, it is hurricane matthew battering florida. governor rick scott and president obama saying both, don't let your guard down. >> i think the bigger concern at this point is not just hurricane-force winds but storm surge. storm surge can move very quickly. people can think they're out of
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the woods. suddenly get hit, not be in a position to get where they and their families are safe. >> we are very concerned about storm surge and the worst effects are likely to come. the storm has only passed half our state. so this is not over. charles: thanks for joining us. president obama and governor scott talking about storm surgeons. that. >> was well-said by them. entire body of water being pushed along by strong winds of the hurricane. storm surge is leading cause of fatalities and damage from hurricanes making landfall or near lawn fall. charles: michael, a lot of people are thinking about two storms, andrew, which battered florida to the tune of multiple
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billions and dozens of lost lives. superstorm sandy. does it matter category down to a three, should we let our guard down because it is not a category 4 or category 5? >> you should definitely not let your guard down. andrew and sandy, hit the cost and made landfall at perpendicular angle. that was most intense quadrant of the storm coming ashore. in the case of matthew, it is skimming the coastline so the effects are a little more diffuse but the storm surge will be big story for daytona, jacksonville, savannah, charleston. the entire southeast coast needs to keep an eye on this next few days. charles: i watch this and when this happens we become amateur meteorologists. felt like i heard some experts in your field, in one way not as good going along the coastline. at long as it is in water, it
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gains strength or gather strength and some point it has to veer away from hitting land. what is the best case snare know? >> you said it perfectly, by staying over water you're not dealing with a one and done landfall. it is did not with us one day and likely two more days. it was never a big story for southern areas of florida, miami and fort lauderdale, but northern florida, southeast coast, foot 1/2 rain, foot 1/2 of storm surge, that is bad news in the beach areas. charles: governor rick scott in jacksonville, very, very concerned there. could you elaborate. a lot of people have already ridden the storm out and more are tempted to do the same. >> the winds are not the biggest aspect of the storm. this afternoon it may dip down to category 2, maybe category 1 later tonight. don't be focused on winds, but
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the storm itself, counter clockwise is pushing all the ocean into the land areas along with heavy rain. anyone within a few miles of the shoreline from northern florida up to north carolina really needs to stay vigilant with this. charles: michael, thank you very much. really appreciate it. >> you're welcome. charles: damage estimates for the storm already soaring into the tens of billions. some initially saying it could rival damage caused by super storm sandy. connell mcshane here to break all the numbers down. reporter: tough to do, charles. experts we're talking small shift in the storm 10 miles one way or another that could have a huge impact how much it would cost. it is early on. one thing we did not see the shift to the west some feared, at that would have been disasterous for miami and fort lauderdale. this is not over yet. you have worries about the storm surge. so the damage assessment also will have to wait. one thing we can show you, we have a list of costliest hurricanes of all time here, give you idea what we've been through in the past.
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katrina certainly, no surprise to see katrina topping the list. it is the most costly. sandy is interesting because it is number two on the list. worth mentioning i think when sandy came our way here in new york the winds were not hurricane force at the time so we call it superstorm sandy. storm surge there was the story. andrew, like and ivan. estimates for matthew, they're anywhere between ivan and sandy, 25 to 75 billion, depending who you ask and quite frankly when you ask the person. a firm, corelogic, that puts numbers out. they putnamers out yesterday. there are 200,000 homes along the coast of north carolina and florida that will be affected. low end estimate of 200,000 homes of repairing and replacing them was 43 billion. that was a low end estimate. again too early to really draw conclusions. we'll wait to see about the storm surge. one thing i would add, charles,
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overall economic impact, we do that every time we have hurricane. usually hurricanes don't score big there. rebuilding, economic activity will off is the some losses for the storm. that is certainly for a later date. we'll look at storm surge, watch it through jacksville and georgia and later south carolina. too early to get any cost estimates in accurate way. charles: connell, you're right we can always rebuild but loss of life concerns so many people. with that so many people are choosing not to evacuate, instead waiting out storm. salvation army emergency disaster director kevin smith is on the ground helping out with relief. he is on the phone. thanks for taking time out. give us assessment on the ground and levels of dangers that you see as well. >> well right now all the way from palm beach up, all the way up to jacksonville, we're doing those assessments on the ground. we have some great news in many so of those communities but
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we're urging people still on the northeast part of flat to stay tuned to the weather. listen to the meteorologists. we can't say enough about how much the meteorologists have done to get our people ready for these storms. we're talking 10 miles, 10 miles is the difference between this thing being a catastrophic event along some of the areas that it already impacted to being a significant power outage where much different response that we have. our teams are rolling in as we speak into each of the communities along that east coast. and we're just very thankful for the governor's leadership and really getting people to prepare, be ready and evacuate those areas that were endangered. charles: kevin, we had a meteorologist on earlier, he talked about these storm surges being the ultimate threat, particularly to human life. is it possible right now to get a feel what that might be? or are we still not clear? >> yeah, no, we definitely are very concerned about the storm surge that it is still moving up the coast.
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as the meteorologists have said, they're looking five to seven, possibly up to 12 feet in certain areas as this water continues to battle the coast. several of our facilities along that line of inundation if you will have already started to see water rise coming into facilities with stormwater drains and stuff like that around. so the good news they had all gotten evacuation orders. those that chose to left, to leave, have done a good job getting themselves prepared and gone to shelters where they're being taken care of at this time. charles: are you concerned enough people are evacuated? i don't know that the numbers match the warnings that of governor scott or governor nikki haley? >> i don't know that we have a good assessment. just because folks are not in shelters doesn't mean they didn't leave. there are some that stayed. just testimony to the folks righting around in those areas, places are shut down. you know, the resilience of communities are ones that had plans. those that you knew to go to a
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friend and loved one which is a safe location. don't let trigger of number of people in shelters indicate how many people evacuated. that is a positive. that will allow us to, we're going to be getting in there with search-and-rescue teams from the government and the resources that we bring in to identify those that were left behind. but we do see that there was a very, a lot of people hated the warning and we encouraged those that still have time hearing these warnings to take it very seriously because it is not over. charles: before i let you go, we have a short period of time, i want to ask, are you guys fixed okay for all the equipment you need? we heard governor scott earlier say so far he has been happy with the federal government response? >> we had a lot of support from the state of florida and governor's office and division of emergency management. we have capacity to feed up to 100,000 meals a day. that is our planning assumption. that has not changed. our units will be rolling in. where it is needed the most we'll be on site.
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people can help us financially, go call, 1-800-salarmy or salvation army.org and maybe a contribution. charles: kevin, thank you very much. >> thank you. charles: after big grains come even as the storm weakens slightly. december seeing smallest gain in jobs since may? what does it mean for the election? what does it mean for the fed? we'll break down the report and its fallout right after this.
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charles: september jobs number missing estimates. we're seeing the slowest job growth since may.
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unemployment rate ticked up slightly more as people are starting to look for jobs again. john layfield and danielle dimartino booth on fallout from this. john, let me start with you. i'm sure mixed reaction. i'm not sure we grade what happened in the market thus far. overall as reflection on the economy and impact on the stock market? >> this singular jobs number was not bad, not good. the trend is worrisome. 10th straight year of less than 3% growth. lowest we've had since measuring gdp. so the jobs that have been added have been part-time jobs. have not been as good. no other way to explain with 5% unemployment having 1.4% gdp so the trend is not good. this single jobs number, i don't think either candidate will be able to latch on to this either way to their side. charles: believe me, they will
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have talking points one way or another. you know, danielle, essentially what john was saying, to a degree wall street viewing this as goldilocks number even though the market is done. how does the fed view it? does it change anything? >> you know, charles, the data came out this morning gave whole new meaning to mixed. there was some good, some bad. i refer to look at forward-looking indicators in the job market. fresh data out of small business owners we've seen largest drop in years in number of job openings among small business owners. that typically portends a tipping point, reflection point in the economy. these are things that worry me. it is reflection what has been spoken about just now. how anemic the recovery is. it looks likes it is actually slowing down with a 1 point something handle for gdp growth.
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charles: what do you make of the 23,000 jump in temp jobs? historically employers make temps permanent. does that no longer apply? >> i don't know if it no longer applies i would temper enthusiasm to temporary job creation because so many business owners turned to temps because they don't want to deal with the extreme expense and increasing expense thanks to regulations of bringing full-time workers on. it is just, it is becoming increasingly difficult in this environment for employers to commit to bringing on full-time employees. one. solutions is temporary workers. so it is not the great job that it was 10 years ago. charles: i got you. john, market sort of spinning its wheels in dedicated trading pattern but we know it won't stay here forever. what do you think moves the market decisively one way or the other? >> i still think the fed, charles. people are waiting to december to see what happens. fed saying they're not
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political, that is massive stretch if not even worse than that they're waiting until after the election. it is not either for hillary clinton or donald trump. i think it is waiting until after the election. so they say they're not involved in politics. the next president will deal with 2 percentage points rate hikes by 2018. that i think will really hurt the stock market. so i think most people investing are waiting until december to see if they're going to raise rates and at what pace they are going to raise those rates. charles: although, danielle, i've got to ask you this, there seems to be a major disconnect within the fed umbrella. you have all these fomc members, including doves that are talking voting hawkish and atlanta fed modeled gdp to 2.2% from 4% in the third quarter. that was before this number. they will probably go lower. how come the atlanta fed sees third quarter so weak and a themmic yet fomc feels the need
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to raise rates? >> you're talking about most dovish people. charlie evans in chicago, he is notorious dove. he is coming out sounding hawkish. makes you the believe the fed has different agenda here. maybe they see recession looking over the horizon. maybe they are beginning to acknowledge unconventional monetary policy really isn't all that it is cracked up to be and they simply don't have enough in the way of higher interest rates to combat recession. maybe it's a fear factor we're seeing playing out here with all this hawkish talk coming out of the fed. charles: you have deflation nary forces, food prices. wages are going up but nothing gangbusters. what we call inflation 101, too much money chasing too few goods. we're nowhere near that. i don't really get it. i understand john's point but there is some politics involved in it, but from pure economic view i don't know why they would have to hike rates anytime soon? >> they wouldn't have to hike rates.
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everything that the fed's models are telling them they need to be easing economic conditions. they need to be lowering interest rates. but that's, that is kind of a conundrum for fed officials to face because there is nothing to lower from here. what will they do, bring us back to zero bound which also proved ineffectual? charles: john? >> charles, we're talking fed has agenda they are trying to get toward. maybe they don't have agenda. maybe they don't know the what the hell they're doing. charles: i'm with you. they're a rudderless ship. >> john, we know there are at least a few members on the fomc who definitely have an agenda. we'll go back to your theory for remainder. tough to analyze it. >> i doubt they might have political agenda but they don't have a agenda for the economist. they're out of bullets. they missed window 18 months ago to raise rates. boston fed head might might want
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to raise rates because inflation is going up. with wages down since 1919 that the middle class doesn't want to make more money? -- 1999. >> i was on inside when 18 months ago the labor market was gaining momentum. they should not make purchases, they should raise interest rates. the train pulled out of the station a long time ago. charles: when my daughter was in preschool, they would tie them up by the waste and bring them on a field trip. bring them out of the ivory towers and walk them through main street. john, i'm still jealous. out in bermuda. >> thanks, charles. charles: the backdrop for the second presidential debate this weekend. neil in st. louis for the debate tomorrow live. "cost of freedom" will be 10:00 to 12, live "your world" on saturday and sunday. normal time, 4:00 p.m. live here on fox business at 8:00 p.m. all begins at 6:00 p.m. sunday
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charles: so hillary clinton is calling for an extension of the voter registration deadline in florida due to the hurricane but florida governor rick scott shooting that down. >> i'm not going to extend it. if you, if you, whether it is registration date, everybody has had a lot of time to register, so on top of that, you know we've got lots of opportunity to vote, early voting, absentee voting election day, i don't intend to make any changes. charles: to daily caller reporter carrie picket how big impact the storm has on the election. i'm surprised clinton campaign
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made the plea, with all the media hype how big the ground game is in florida. >> i'm not surprised at all. keep in mind, back in 2012, 86,000 floridians ended up registering eight days before the election. 40% of those 86,000 were democrats. 20% were republicans. so they really want to make sure they get their voters out to the polls and, they also want to make sure they get as many of their voter intent to come out to vote for democrats because that is going to make up for their lack of voter enthusiasm. i actually asked brian fallon of clinton campaign about that, what exactly will make up for voter enthusiasm, they said voter intent. they figure this storm will mess with the voter access what they call it, then they're going to say, heying, look a lot of our voters intended to vote for us, but if they can't register we'll more than likely probably file a
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lawsuit and we're back 16 years ago to bush v. gore. charles: nobody wants hanging chads. we're so far out from the election and hopefully everything remains as been. the damage doesn't live up to potential hype, if that is the case they really don't have, i don't think they have a leg to stand on either way. do you think blaming a loss in florida over in the overall election on this storm? >> well, it is as close as has been recent election cycles. look, florida has been won by, like, back of someone's hair. it has been so close whether a democrat has won it or a republican has won it. this is a state that has gone either way and it become as lynchpin, i would not be surprised. charles: so also, i want to ask you, digressing a little bit, but hillary clinton had scheduled commercials for the weather channel. obviously extraordinarily insensitive considering the
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pressure that they were under. they yanked them at the last minute because of pressure. thinking about the margins you just described, can those kind of mistakes, those very insensitive mistakes have much more of an impact than the sort of stuff with the storm? >> well, because such a misstep was caught, you now you had the trump campaign who, really putting it out there, well, look at this. they are politicizing a potential tragedy. this particular hurricane is not over yet. it really depends on the kind of damage that this storm can do in the next 24 to 36 hours. however, if this storm ends up going up the coastline and ends up going back into the atlantic, then, it may not hurt them as much and could be perhaps just a two-day story. charles: real quick before i let you go, president obama obviously will be down there. this would be a argument for big government coming to the rescue yet again.
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it could also have positive implications for hillary, no? >> absolutely. but, president obama has already put aside, rather, already declared a state of emergency for the states that actually do need the money for cleanup. so he is going to obviously address that but as a president, he is going to have address the state of florida and states that are affected by this hurricane. charles: thank you very much. really appreciate it. >> sure thing. charles: we're a few days away from that second presidential debate. so how are candidates preparing for round two? to blake burman with the latest. reporter: charles, couple anecdotes. past his first debate performance one of his advisors said we'll get them next time. another advisor tell me trump learned from his mix at that round one and trump should be better equipped to handle what is round two. trump's calendar largely clear for the two except what you're looking at. two meetings with national
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security advisors and immigration officers union that ended up endorsing him. sources tell fox that trump is prepping for the debate throughout the day and doing so with chris christie, who of course is the head of his transition team and new jersey governor. also along with reince priebus, head of republican national committee. the trump campaign insists that trump is preparing more thoroughly for sunday night's town hall debate, that the format will better suit him. last night though in new hampshire during a stop there which happened to be a town hall, trump himself though tried to dismiss that event as a dry run for sunday. listen here. >> by the way, they were saying this is practice for sunday. this isn't practice. this has nothing to do with sunday. we're just here because we just wanted to be here and you know, hillary, frankly, they talk about debate prep. that is not debate prep. she is resting. she is resting. [laughter]. reporter: as for hillary clinton, charles, this will be the second day in a row for
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clinton without any public events as she zeros in on debate the bottom line here, that strategy appeared to work for her the last time. clinton and her campaign are not changing that at all in the lead-up to sunday night as well. charles? charles: blake, practice, we talking about practice. >> famously said. gow got it. charles: tune in tonight with making money. we'll have latest read and results of latest fox news national poll. that is 6:00 p.m. tonight. where exactly is this storm headed from the national hurricane center itself? we'll get it to you right after this. ♪ ♪ we asked people to write down the things they love to do most on these balloons. travel with my daughter. roller derby. ♪ now give up half of 'em. do i have to? this is a tough financial choice we could face when we retire.
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charles: georgia governor nathan deal giving an update right now. we're monitoring this. hurricane matthew threatening major damage along the coast. now to national hurricane center director dr. rick nabb with the latest. can you fill us in on exactly where we are with respect to the storm and some of the newer areas including jacksonville and perhaps parts of georgia that are now having to buckle down? >> yes. this is far from over and it's still a major hurricane, category 3. not going to be as far north of jacksonville until a few hours from now.
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then georgia and south carolina and north carolina. very concerned about those areas because we're already seeing some video, some accounts of storm surge flooding and some waves on the coastline that are very dangerous in northern florida. that is a taste of what is to come in georgia where the weather is going downhill. winds pick up and bands more potent. our forecast take as path almost the same shape as coastlines of georgia and south carolina. it could come ashore, center of the hurricane perhaps in south carolina, maybe even georgia. regardless, close enough to the but storm surge, deadliest hazard could take lives unless people evacuate like emergency managers told them to do. charles: still some are not necessarily heeding the warning and i think perhaps it hasn't been so far as damaging as initially thought, also -- let's talk about that, dr. nabb. last night we were talking
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category 4, category 5. a lot of listening audience hear it's a cat-3. they think that lessens the risk, does it? >> it does not. think about some major impacts in the united states over last several years that were not even category 3, weren't even major hurricanes. sandy was not, when it made landfall in the new jersey area and flooded portions of new york city. ike in 2008, in the texas region, major storm surge flooding, category 2 that made landfall. you don't even have to have landfall to have the storm surge pummel coastal areas. we have a particular product to get that message out. our prototype storm surge warning. not just a line drawn along the coast. there are areas where storm surge flooding can go inland aways, either right over land or rivers and estuaries. there are very good reasons why folks were told to evacuate from the areas, not storm surge flooding but inland flooding from heavy rainfall.
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water is so dangerous and nine out of 10 people who draw in past tropical cyclones in the u.s. die from water. category is sign of wind speed is not the biggest killer. charles: also i want to just alert the audience we've been updated. almost a million people in florida without power. talk to us about that. we know, we talk about the potential loss of life. that is paramount for us. but before we let you go, the type of structural damage that we could be looking at from the storm surges you talked about, inland flooding particularly as it goes up to georgia and south carolina? >> storm surge can be accompanied by large battering waves especially in immediate coastal areas. that can destroy structures. you can also get water into structures that destroys them in another way, with all insides of it, you know, wet and with water six to nine feet above normally dry ground which is what possibility is in portions of
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georgia and south carolina. that can take out structures. we're warning people not to be there when that happens. hopefully they will come back to something a little less damaging than they fear. you have to live through it first. charles: doctor, thanks very much. we appreciate it. >> thank you. charles: like we said almost one million people without power. we'll have more right after this.
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>> i'm nicole petallides with your fox business brief. stocks lower under pressure right now. the dow not too off from session lows, down 106 points at 18,162. the s&p 500 down 15. the nasdaq down 38. we had jobs added this month, for month of september, 15thousand jobs, smallest since may. keeping a key eye on hurricane matthew. look at the dow winners and losers, this is for the week. verizon one under pressure. they're pushing for one billion dollars discount on yahoo! deal of4.8 billion. retailers seeing a great day as the gap came out with some numbers. that is helping to boost things. that is up 15%. old navy was the star there for the gap. watching tesla under scrutiny for its autopilot. shares down 2%.
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charles: another "flash crash." this time, a big drop in the british pound. got investors rattled. to connell mcshane, what is exactly going on. reporter: we don't know exactly, charles. we have legitimate story with british pound moving lower and we have this "flash crash." things are going along very smoothly. all of sudden british pound moves lower right around here and then moves much, much lower over course of two minutes,
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drops 9% to a 31-year low. that has people rattled, what happened? fat finger thing where somebody made a mistake? initial move lower, again legitimate reasons. there is a lot of concerns about the british exit, the "brexit." maybe that is exacerbated by all the algorithms that we have, computer programs, once you start to see a sell order, next thing you know we go down a little more. the british pound is lower. 124.36. one of the reasons we hear from traders it is lower concerns out here about "brexit." commentary from the likes of french leader francois hollande, talking about the fact, listen we have to have tough negotiations with the british how they leave the european union. no free lunch here. don't give them any sweetheart deal. so the british pound starts to go lower. if we have the chart, charles, one we started with, talk about one other thing, that would be timing, initial move lower for british pound. it happened last night at 7:00 p.m. eastern time.
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so right here. this is 7:00 p.m. eastern time. 7:00 p.m. eastern is also 7:00 a.m. in hong kong. so that may have played into a little bit, if you think about it. people in new york, that are trading these types of things may be going home, somebody on the train and having dinner. hong kong they're just getting in. they're not at their desk. that is always very light volume. that may have played into it as well. we don't know that. there is legitimate reason we're down, not as much as that. charles: connell it was under pressure all week long. >> yeah. charles: the notion of a hard "brexit" scaring a lot of investors. buddy, thanks a lot, really appreciate it. you heard about the unicorns? they will all come to the market led by snapchat. the big question is it overvalued? "the wall street journal" reporting that snapchat is preparing a $25 billion ipo. it is only expected to bring in one billion in revenue next year. we have a ceo on this if there is too much hype out there. you know, we knew eventually these guys will have to come
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public. there has been a mixed bag, square, box, not necessarily as you suspicious day -- awe suspicious debuts if you will. this unicorn, will this kill them? >> snapchat is amazing company. it is really doing astounding things. it has the majority of market share for 18 to 24 yearlies. that is demographic everybody wants, including facebook. is it worth $25 billion? i don't think so. that is fickle market. they have it today but tomorrow they could switch platforms. so it is making a lot of big bets. charles: listen, we talked a lot about the twitter, potential twitter take over. this is stock failing really big time. it proves you can have hundreds of millions of eyeballs but if you can't monetize it means nothing. i'm not sure how snapchat mop advertises their eyeballs? >> snapchat has ads. they have got filters.
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they're definitely making money now. are they profitable? not quite yet. they are saying they will make a billion dollars in 2017 which is nothing to laugh at. but the real question is, can they keep that growth going? charles: you know, here's my problem with what is going on in silicon valley recently with respect to the average investor alibaba is prime example of this. they build the companies up with enormous valuations among themselves. they get in early, google, all venture capitalists get in low and they go public, average investor out there paying many times more than the insiders got. i just think there is something unseemly about this i wonder if it will collapse on itself one day? >> it always pays to get in the ground floor. charles: you're not invited. only the fat cats are invited to the ground floor. google ventures gets in, all the same names get in all the time. that's great! no one offered me uber valued at one billion but i bet i can buy
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all i want at 100 billion. >> for the common investor you have to be very, very savvy and you have to do your homework. charles: that's what i mean. it's a tough one. so where are we going now with these unicorns? they have raised as much money as they can, possibly could. in fact talking about uber, they're floating things like bonds. not raising money through equity. that is clear sign they have stretched limits through the private area and all will have to come public soon. do you think they will be successful or your point earlier be selective with this stuff? >> i think they will be successful, right? what level of success is whole different story. i have this advice what i tell clients all day long. use these platforms, leverage these platforms to grow your own business, to be able to grow your own brands and see where things go. i think that is really powerful way to utilize these platforms because they are.
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you can have amazing reach and visibility, really good roi. charles: there is no doubt about that. i wonder, one thing we talk about is people buying what they know. again when you have hundreds of thousands of eyeballs on these things, people people like they know it and go out it leaves a bad taste in their mouth because it doesn't work out. >> you have to make a difference between marketing and being an investor. if you want to invest you have to be savvy and i say wait until the chips false. charles: you were fantastic, thanks. >> my pleasure. charles: georgia officials saying 1000 national guard members deployed in georgia. we're following the path of the storm. stocks are down triple digits because of jobs miss. what exactly does that mean for the election? charlie gasparino joins me.
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the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ charles: breaking news for you. the latest poll, this one from quinnepiac showing hillary clinton lead growing nationally. she is at 45% to donald trump. gary johnson 6%. clinton's edge with women and non-white voters giving her a boost. this survey was taken on october 5th and 6th. in head-to-head match up, hillary clinton gets 50% to donald trump's 44%. bring in charlie gasparino to discuss it. charlie, this is third poll seeing head-to-head where she is at or above magical -- >> you and i watch the markets all the time, you get feel market. you do that with the polls.
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you watch the market get a feel for them. when you start hitting 50, you know and i know that is when the other guy has got to worry about it. both of them have been in the mid 40s, almost tied. it looks like she is getting momentum now. you're at that magical mark where she gets momentum. if she keeps it going last couple weeks it will be hard for him to beat. he obviously can beat her with a good debate. charles: sure. >> he was given not quite a exist but something interesting, something to work with today in the jobs report i believe. unemployment ticked up but some people might say that is good thing, people are looking for jobs, but the job creation number is still lousy. there is a lot of part-time jobs being created. he has to come back to that every -- every answer to every question, i don't care if they ask him about china! charles: right. >> talk about, how he says it, china. charles: i thought in the vp debate mike pence's best, best
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part when he talked about jobs, asking people in scranton about the economy, asking people in fort wayne, in other words, saying forget about the data, particularly government data because we know it is corrupt. ask real people on the ground in middle america, they will tell you the whole thing zucks. >> yes. and one of the things about the data, you have to parse through it a little bit. the job creation number is still pretty mediocre for any recovery. i don't think anybody says. if this is recovery this is the lousiest recovery ever. when you start parsing through it the real numbers are pretty bad. a lot of part-time jobs. charles: to your point the u-6 number is almost 10%, 9.7%. what i see too, charlie, is bifurcated economy, right? we had 67,000 professional jobs. there supper end jobs, whether coding computers or whatever. >> right. charles: but it is middle class has been drifting or a decade or more that can't get those jobs. that those opportunities are not there. they feel like the elites don't care about them.
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>> and wages are shrinking. that is donald's, that is his opening. that is how he comes back. will he do that? will he go -- listen i've written three columns that said, over the past probably six months that said, he can win if he keeps hitting this message that he intermittently hits. then he gives it up for bashing miss america at three a.m. with tweets. i mean that is the problem. i don't know if the american people are going to elect somebody, even if they are hurting who engages in that type of dialogue while, there is real problems going on. charles: to your point, we've seen that now, with the polls, when you look at things like the economy. when you look at things like immigration. even, in recent polls on law enforcement she is matching him or even beating him, people don't believe he is better than he at those things, but does he have the temperment to pull off, even if it is his best-case scenario is he your guy. >> she is coherent and he is not at times except for when he
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really focuses. maybe someone gets him to really focus. donald has to realize there is lot riding on him winning. if he doesn't win, we're going to have another four years of a socialist, near socialist, far left progressive in the office. and it could do really damaging things to this country. someone, sitting down and telling him that. >> a lot of people weighing in, jamie dimon responding to fed chairman saying that, hey, listen he doesn't think it is goldilocks effect. he thinks we should be doing better. which gets to your point, to all of our points, we can do much better as nation. >> if jamie dimon is saying that, he is democrat. there is problem. if bill clinton is saying obamacare really does suck there is a problem. there is a lot riding on this election. you know, when democrats are saying that. someone should wake up donald, take it seriously. this debate means a lot. charles: take the polls seriously. donald trump fans hate when we talk about them, take them collectively there is a warning. >> not good. charles: hurricane matthew
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continues to pound florida. we'll have latest for you from the ground, next. you can run an errand. (music playing) ♪ push it real good... (announcer vo) or you can take a joyride. bye bye, errands, road happy. ...
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siriusxm. road happy. >> just remember, it could be the worst part of this is still to come, meaning, just, look, i'm really concerned about jacksonville and nassau, because, you know, over 10 foot of storm surge on top of the waves, that's a lot. low lying area on top of the fact that we still have the potential for a direct hit and we're seeing 100 mile per hour winds. >> welcome back, coast to coast, i'm charles payne in for neil cavuto. hurricane matthew is slamming florida's coast. almost one million people and businesses are without power. adam shapiro has the latest on the storm. >> yeah, charles, i'm going to let you know that the eye of the storm is actually north of where we are, but the bottom half of the storm, we keep getting the bands with the
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strong winds and rains. when the winds get strong around here, the roof of the buildings, these are the tiles flowing out. there's a lot of damage in that regard. some severe damage and tiles are coming off the roof, gutters are coming down and the wind, they have subsided and then you'll get the strong gusts and the national weather service actually says the strongest wind gusts in the daytona area, 91 miles per hour around 12 noon. the wind gusts are anywhere between 70 miles per hour up to 90 miles per hour, but the storm, category 3, has sustained winds of 20 miles per hour over at the eye. at roughly 11 a.m. the item of the storm is due east, slightly north of daytona, it's now further north of daytona, but there's quite a bit of rain and wind that's hitting this area, for daytona, this is volusia county. 600,000 people in florida without electricity although
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florida power and light hope to have it to the broward county areas and palm beach by the end of the today. there's no electricity where we are right now. we had most of it up to two hours ago, we were fortunate that that went down. our transformers had blown as you can imagine. one fatality, a 58-year-old woman suffered cardiac arrest and the rescue crews were not able to get to her. she was not on a barrier island, they were able to get her and unfortunately, she did pass away. charles: thank you, and the moment has been hiked to almost 1 million people and businesses without power. are people taking it seriously, and we're here more and more reports of people who are reluctant. mayor, thank you for joining us. >> thank you for having me. charles: i know a lot of people
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don't listen to the weather man. how successful have you been for residents heeding the warnings, asking the governor to be cautious or perhaps at least leave town. >> and the warnings went out very early. thanks to the technology that we have today and the storms and giving the people the warnings, they were to start voluntary evaluating and the mandatory, a day or so ago. we had heeded the warnings and planned on saying, but at the insistence of our son and daughter, they said, dad, get out of town. everything is under control, everything really, is the staff, the city manager, the public workings the department, the first responders, all taking it in stride as they know, doing what we can with what we know and then you wait until the recovery effort and we're waiting for the winds to calm down enough to get the
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crews out on the roads and to clear the trees and so forth. so actually, when the time comes, that the power can be restored because right now, roads are inaccessible and people are without power. we listened and heeded our own warnings and we left yesterday, like this. and we listeneded and i think that most people have. we see the damages, i've got contacts that i am in contact with, a city manager, people close and sending the messages and folks washed away and trees down on houses and we have one fire in a mobile home, but no one was there, so that was fortunate. and we heeded the word and i think the majority of people on the beach side, on the barrier islands, did listen and hopefully the fact that this is not as devastating and catastrophic as has been expected hope the next time we
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have a warning, they won't take that widely, either. >> that's a risk. mayor kelly. where do people go there? you just mentioned the mobile home, with respect to economics, where are the designated for people in your town to go. >> absolutely. charles: okay. >> the schools were closed on thursday and friday and the schools opened at emergency shelters, and they were asked to go there just to bring the necessary three-day supply of food that they need. if they didn't have it, people i'm sure would take care of the food, part of it, the people that can be taken care of. like i said, not everyone-- even finding a place away from 0 your area would not have been easy. we had a friend fortunately found one for us and happened to be tech friendly and couldn't have if we didn't have a pet friendly place to go.
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we had a shelter that are pet friendly. there are areas to go, there are several schools opened up. all the power and all the city, and they're operating on generators. our water production. and waste water treatment plant. our water facilities all operating on alternative power right now. but that's the good thing is the fact that water is not going to be backing up and we're going to be able to money tan at that service. >> mayor kelly, your concerns w offense and the economic impact and the ability to rebuild, considering the potential amount of of damage, just from what you've described to us, it seems like it's going to be a tall order. >> it's going to be huge because you have limited number of people who have been actually taken care of the minimal part, clearing the debris. that's expensive in and of itself. as soon as the all clear is
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done, we'll be able to take care of that part of it, but there's going to be some tremendous costs in rebuilding and it's not going to be as quickly as the last little-- the smaller threat. it's not a three-or four day event. i think it's going to be much sooner than possibly a year. we' we're eliminates permitting fees and getting the necessary repairs to homes and businesses without worrying about the process. >> mayor, thank you very much and much luck to you and stay safe. we appreciate you sharing your thoughts. >> thank you, and thanks to all of you who are serving. >> absolutely. health officials are worrying about the spread of the zika virus. and how serious this threat could be. thank you for joining us.
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it felt like we weren't hearing about zika as much in the last few weeks and maybe the threat was starting to fade away a little bit. well, will it reemerge after this storm? >> no, as a matter of fact, at least in the relatively short-term, measured in the next few weeks, we're actually going to see the opposite effect because when you have weather of this degree of ferocity with winds going up to 100 plus miles per hour, what actually happens is that the mosquitos, including the affected mosquitos, get blown away, as does their larva, as does the eggs. so, for a period, even though there's more standing water around, which ultimately is a good bleeding ground for the p propagation of mosquito population, for a short-term you'll have clearing out of mosquitos. although it's a tragedy when you see suffering and
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destruction and death associated with hurricanes, the mosquitos get blown out. so what we're hoping is when you do have that lull, which we expect for the few weeks following the hurricane, that although there will be difficulty taking care of standing water because if you have destruction of property in places where water could accumulate, you could conceivably have a resurgence of it. it's not going to happen right away so hopefully that interruption of the chain of transmission, there are several hundred people who have travel related zika and the return is when the mosquitos repopulate we'll see a return to where we were before the hurricane, but the immediate effect of the hurricane in the short-term is actually get rid of the mosquitos as opposed to help the mosquitos. charles: what about now that these mosquitos have been pushed around and maybe they're
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in different locations? it felt like there-- >> they're gone. they are blown out, they're done. charles: i gotcha. okay. now, we just worry the pockets of water, standing water, and everything fades. but do you think we could get again, it felt like it was contained and perhaps on the verge of being a nonstory. >> well, we were still getting several cases a day that are being reported, maybe not occurring, but the reporting of several additional case florida that are not travel related, namely local transmission. it's now up to over 160. we want to see that go to one and then no, and then no cases per day. hopefully when the mosquitos do return, that that chain of transmission will have been broken that we're going to see a dramatic decrease. we hope for that. i mean, obviously, you can't
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take anything for granted, you've got to continue the mosquito control efforts that are being implemented by the department of health of the state of florida, together with the c.d.c. as a partner in that. so, hopefully, we're going to see that and a turn around so that after when things recover as we get into the month of november, that the combination of the relatively cooler weather and the fact that we got rid of the infected mosquitos may actually be a good thing. >> let's hope so. doctor, thank you very much for the work that you've done on this and sharing your thoughts with us right now. we appreciate it. >> good to be with you. >> j.p. morgan ceo jamie dimon goldilocks report. the chamber of commercial chief economist gives his thoughts after this.
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>> well, the stock market is spinning its wheels as investors continue to grapple with a message from the jobs report. that said, political observers are calling it solid, but the report might have a muted impact on the election. manufacturing and mining continue to struggle. there are two wild cards that include a surge in construction jobs and higher wages are now improving, well ahead of the rate of inflation. on the stock market front, while the observers there have been calling the report goldilocks. the number while missing concensus wasn't enough to keep it on the stable. i think that they are a grudgingly accepting that. they continue to provide for leadership and tech stocks have been hot and with semiconductors and they find values are the key, it's difficult at this point.
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that means finding stocks that are down and bad news not as bad. and posted better than expected numbers, but certainly not the stuff of legends. the tight trading range in the meantime continues to keep money on the sidelines, catch for key parameters on signs whether to become aggressive and the closing basis means you shou should-- and hold at 18,000. and jamie dimon and goldilocks. >> i think we should be doing better. maybe we'll talk about why it's not better. charles: here to react, u.s. chamber of commerce chief economist jd foster. was it goldilocks or could we do much better? >> well, it could be both. really. it was a solid report, sort of steady as she goes. we could be doing much better, we should be doing much better. we did better next year.
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the job great was greater in 2015 or 2016. my real concern right now is however one wants to characterize the labor market, it's actually appears much stronger than the balance of the economy. that labor market seems to be out of sync with the overall economy and growing faster. the overall economy seems to be, we know gdp, 1.1, it's a valid measure of the overall economy so we have an overall economy that's growing pretty slowly and a job market with the goldilocks or steady as she goes is much faster and doing much better. >> you talk about this versus last year, but we peaked the. >> a monthly jobs gains in 2014. some are arguing that we're near full employment. i don't think anyone buys that yet, the experts and economists in the ivory towers say that's the case.
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>> i would point out that janet yellen doesn't agree with that. every time you read the report, the economy is strengthening, but there are variations on that language. yes, the standard unemployment reserve at 5% is about full employment, but what we've known throughout this recover and expansion period, it doesn't reflect what's going on in the labor market. you look at u-6, it's elevated by one, one and a half, 3 percentage points. there are a lot of slack out there. it may not be captured in the standard unemployment rate. the place to look is not in quantities, but in prices. look what's happening, we're seeing some growth in the wages been it's anemic, not anything like what you would expect if we were truly at full employment. we've got two presidential candidates against the tpp at least officially and trade
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getting a bad, raw deal. this is going to commerce is passionate about, trading with the rest of the world. do do you think that things are going to get worse or could we look at the wage conundrum that you described, that we bring back jobs in this country? >> well, there's no doubt that you're going to have a much better case, an easier case to make for the benefits of free trade when the economy is doing better and people aren't as worried about their own economic security. economic security is a major concern throughout the country right now and so, a free trade argument, frankly, is harder to make, if we can get real wages growing, further strength in the labor market. then i think we would see more support for free trade. free trade is the key. not the only key, but a key to future prosperity. we can't turn our back on it. charles: thank you very much, appreciate it. >> our pleasure. charles: plane cancellations
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increasing as no signs of the storm slowing down. how the impact is going to ripple throughout the entire country next. this woman owns this house, with new cabinets from this shop, with handles designed here, made here, shipped from here, on this plane flown by this pilot, who owns stock in this company, that builds big things and provides benefits to this woman, with new cabinets. they all have insurance crafted personally for them. not just coverage, craftsmanship. not just insured. chubb insured.
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>> new e-mails showing coordination between the white house and the state department on hillary clinton's private e-mail server. peter barnes has the details. >> that's right, charles. newly disclosed e-mails show top obama administration officials were in close contact early last year to try to limit damage from revelations about secretary clinton's use of private e-mail. according to the paper they say it shows jennifer to her counterpart to see if it would arrange john kerry to avoid questions during a cbs interview about his predecessor's e-mail arrangement. about.
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amari was still at the white house, but announce she would be leaving to work as clinton's top communitycatication deputy. the new york times reported early last year that clinton used private e-mail while she was the secretary of state, ten days later, pal mary when she was still at the white house, e-mailed to ask, between us on the shows think we can get this done so he, that is secretary kerry, is not asked about e-mail? saki said agreed completely and working to crush on my end. the white house said today it had previously acknowledgedist team would communicate clinton's team on stories pertaining to her time at the state department. cbs news says no subject was off limits during the kerry interview, but the reporter did not ask kerry about clinton's e-mails. no comment from the clinton campaign. >> thank you very much.
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two debates down and no moderator questions, two debates to go, so far no moderator guess about hillary clinton's e-mails. and on this, this is an issue that needs to come up on sunday morning. >> doesn't go away, new revelations about this. >> the great thing about the debate, the american people get to ask questions. if i were in the audience, the fbi director said you were careless and reckless with classified information. tell us how that changes when you become president, mrs. clinton? are you going to use e-mail. how are you going to communicate with your starch? what lesson have you learned to have the american people trust you although the fbi director called you careless. >> i would think that donald trump would take a further. you've got unpopular entities out there, a corrupt government, a corrupt media, and president obama providing
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the sort of assistance to hillary clinton that people might deem underhanded. >> yeah, there's no question that trump is going to ramp up the rhetoric about the e-mails. the question-- >> it's easy, isn't it? >> it's easy, but the question is, there's a story about the e-mails and there's the reality about the e-mails. the reality about the e-mails, there's nothing there. the fbi made that clear, but the story about the e-mails is what the republicans and people like donald trump really want to build up and make as much of as they can out of it. >> but i'm not sure it's resonating anymore, i think that donald trump needs to start looking at substance and to think about things that are meaningful to the american people instead of-- >> i've got a feeling he's going to do both. i think that the fbi actually left this more unclear. i think that the fbi actually offended a lot of people. by the way, people who had a high opinion of james comey going into this and it's relevant with respect to that honesty and trustworthiness that's a huge anchor for hillary clinton.
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>> i understand why the clinton campaign wants this behind them, but it's answered in a multitude of way. >> the right way. deflected in a multitude of ways. >> whether she shared information in, her story changed overtime. there's a reason why the trustworthiness is behind. who can i trust? she better come up with a better answer than she's been giving. and she isn't trying to skirt the rules and bend the rules and that they don't apply to her. she doesn't have the trust of the mrn people. >> that's critical everything is after that, whether it's the nuclear codes or foreign policy. no matter what it is, you've got to have a certain amount of trust. >> this is a knock against hillary, everybody understands her favorables are low and
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donald trump said the same. trump when he starts bringing up issues about the e-mails and integrity and credibility of hillary clinton, the question becomes about self and issues he's fleeting around with. >> and here is the difference. we're talking about someone who is secretary of state, versus someone who is a private citizen, it's such a distinct difference. she handled one of the highest offices in the land and she ran rough shod. >> with all due respect. it's very dramatic way you're describing this. >> and rough shod over her own private e-mails. >> it's not something that others haven't done. if you're in politics-- >> no one's ever done. >> to say rough shod to say that she disregards all the rules. she has an issue with communication, and after a look at our nation's highest
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enforcement agency, what's happened? >> there was no action taken. >> and just saying that is not decent conversation for debate because it is, politically there's something there, there's meat on the bone there. i agree i would do the same thing. >> and morgan, the bottom line, the fact that she didn't come clean on this pneumonia and a lot of other things, i think that's her achilles kill. >> you don't use bleach bit unless you are trying to delete something that never saw the light of day. she better hope nobody got that, because god knows what's in there. charles: janice dean is here with the latest update. >> charles, yeah, we're looking at a storm that hasn't reduced any speed or strength. category 3, 120 mile per hour sustained winds and it continues to just remain off
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shore of the coast of florida. and we had hurricane force winds, at cape canaveral and daytona beach and jacksonville and the big concern here is not the winds, but the storm surge. so, that counter clock-wise motion from this storm is bringing the ocean water to vulnerable areas across northern florida, into georgia and south carolina, and that's why our storm surge forecast in some cases is life threatening for these areas because they're at sea level. 8 to 12 foot storm surge on top of in some cases high tide is going to put things underwater and that's why we've got evacuations underway for parts of georgia, south carolina and north carolina. looking at the radar, this is tonight into saturday, dealing with the potential of a hurricane and then watching it move into virginia as well, parts of the mid atlantic and then we'll have to watch it perhaps do a loop in the
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atlantic and maybe threaten the bahamas by next week. let's not get ahead of our investigates. we are a dealing with the potential of the storm surge, as well as over a foot of rainfall. depending on where the center of matthew lies, but we could also see the potential of a landfall somewhere across south carolina, or north carolina in the next couple of days, so people have to prepare themselves for that. after, this is a florida story. it's going to be a georgia, south carolina story and then perhaps north carolina and virginia. flood advisories in affect ahead of the system as they could receive upwards of 6, 12 inches of rainfall and i mentioned that loop. watch this, this is a category 3 and it's a formidable hurricane close to south carolina, perhaps the category two storms ap weakening and watch what happens here, it does a loop and some of the models show it curving back to
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the bahamas in south florida and would make us pull out our hair because we've been dealing with the storm for two weeks. the worst is across the southeast coast and portions of the mid atlantic. and maybe watch this for a tropical storm. i don't want to think about it, but for now, people need to heed those warnings if you live from georgia to south carolina, to north carolina and then virginia and we could be dealing with potential of more heavy rainfall and that storm surge, charles, is the thing that could be potentially deadly and that's why we have the evacuations going on right now. heed those warnings because this storm does mean business. janice dean every time you tell me to heed warnings, i know. i think your audience knows that, too. >> okay, have a good one. netflix ceo hit donald trump again. reed hastings and donald trump. what are users going to do?
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it could have serious backlash ahead. but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. now that fedex has helped us we could focus on bigger issues, like our passive aggressive environment. we're not passive aggressive. hey, hey, hey, there are no bad suggestions here... no matter how lame they are. well said, ann. i've always admired how you just say what's in your head, without thinking. very brave. good point ted. you're living proof that looks aren't everything. thank you. welcome. so, fedex helped simplify our e-commerce business and this is not a passive aggressive environment. i just wanted to say, you guys are doing a great job. what's that supposed to mean? fedex. helping small business simplify e-commerce.
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we'll be there for you -- we can even help schedule your appointments. open enrollment ends december 7th. so don't wait another day. if you're medicare eligible, call now and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call unitedhealthcare or go online to enroll. >> if your hotel and you're increasing your prices, we are going after you. >> i've seen some pretty bad things going on. i've seen businesses who are increasing, quadrupling the bottled water. you cannot do that in my state when a state of emergency has been declared. charles: that's attorney general bondi saying she's
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ready to go after. jonathan hoenig says that they should raise prices. jonathan, the capitalist pigs. >> yeah. charles: and at the dire need and dire moments for people, particularly the elderly, you say rip them off. take call of their money? >> well, i think, pam has had a hell of a lot nerve, i think. business are not her servants. this is a free country. florida is a free state and whether it's hotels or convenience store operators or gas stationers, have a right to sell any product they want at any price they want. what's frustrating, charles, price are are not arbitrary. it's not like they come out of thin air. the reality there is an emergency there, pam bondy wants more food, water, shelter available, it's profits to have
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more goods in the first place. >> the free market is not free when people are fleeing for their lives. maybe you put an asterisk next to it and there's a christian judeo thing that we built the nation on as well. >> charles, if you want to help people in lead. profit hungry investors are making an investment and business owners. what pam bondi wants to do if you sell it at a price i think is egregious, i'm going after you, these are her words, i'm going after you for price gouging. that almost guarantees that supplies will dry up. if you make it a crime to sell at what they think is not a fair price. >> if you want prices to come down and more supply to be made available. keep it free unless prices go up. they spike for a short period
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of time, more supply comes on and then the price goes down. i tell you for people like chris christie, pam bondi, price fixing, it's on both their parts. there's going to be pressure on american corporations with the profit that i think that hillary clinton wants to usurp and put a line on the income station, some sort of public good line. we'll take a certain amount of money before it gets to taxes and earnings for the public good. donald trump bringing jobs back and meaning there will be wage pressure for ford and carrier. are you concerned that corporate profits are going to be tripled? if they are what would be the ramifications. >> i am concerned, charles. both the candidates, unfortunately, use that same philosophy for the public good. except that trump called it for the national good. he'd rather corporations, profits be heard or individual
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profits be heard or from a so-called american company. it's a free market alternative in this election and i think it makes it very difficult for corporations who are trying to plan, three, five years owed, everything is up for grabs in this economy so it's difficult to be an investor right now and so much cash on the sidelines. >> a lot of people say if you're talking chicken and eggs, people need jobs before they can buy anything. maybe no cuss on jobs in america and they worry about the corporate profit line later? >> well, if you think that government creates jobs, charles, i've got a solyndra plant i can tell you along with failed government ideas. what we need is economic freedom. i'd like to see that from any of the candidates. i fear we don't have it yet. >> jonathan hoenig, man, if you're ever caught in a storm in florida, my goodness they're going to charge you gaud drum everybody else.
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so, they'll sell it quadruple. >> and charlie gasparino will update us next.
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>> on the floor of the new york stock exchange, with your fox business brief. take a look at the market, trying to make a comeback. off 119 points at one state today trying to go back to the flat line. a quarter of a percent on the s&p and the nasdaq. following hurricane matthew and those businesses that could be affected. let's take a look at the travel stocks, some of those, you can see there, united and both down 2%. marriott the hotel chain down 1 and a half. carnival down nearly 2%. what about insurance with exposure to what's going on in florida. we have federated national holdings and the group is there up big today. the sector as a whole. they' they're down 10%. more charles payne after the break.
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i'm jamie foxx for verizon. in the nation's largest independent study by rootmetrics, again,
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verizon is the number one network. hi, i'm jamie foxx for sprint. and i'm jamie foxx for t-mobile. (both) and we're just as good. really? only verizon was ranked number one nationally in data, reliability, text and call and speed. yeah! and you're gonna fist bump to that? get out of my sight. don't get fooled by a cut rate network. verizon gives you tons of data without all the restrictions. get 20 gigs and 4 lines for only $160. with no surprise overages on america's best network. >> it's been a rollercoaster week. charlie gas preenaa has the latest. and the reporter who said there was a bidding war going on, he blocked me on twitter. charles: you called him a name.
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>> for those who did not grow up in italy. >> i think it means cucumber in-- . [laughter] >> despine exactly cucumber, it means you're like a cucumber. charles: okay. liste listen. [laughter] . >> you're not recovering from this? >> i'm sorry. on twitter and-- >> i'll take it from here. okay, so, twitter-- . [laughter] >> we should point out that we've been fielding calls today. the stock is down 20% from the cnbc highs, and it's down, kind of unchanged. charles: yeah, yeah, got an equilibrium now. here is why, most of the bidders backed off. and this is, this story is no different than what we reported a year ago. twitter is open for a sale.
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and we report that person and the stock. the question, when people start looking at it and it's interesting over the past year, they back off where there's no bid for it. there's one guy standing that appears. >> marco. >> the salesforce people, because when it appeared he really was going to bid, it tanked. >> nobody wanted it, but him. >> and an imminent bid, they're convinced that he's came to the pressure from outside a company, ap also within, a lot of people on his board and the para legal are saying don't do it. i think that twitter, particularly, he likes it for a lot of reasons that he's in the data collection business. i will say this, i think it's
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going to be-- i said a year ago. it's going to be sold. and the price has to be right. >> so you're talking under from where the sheriff's deputy would be. you can't continue to lose money. the growth is slow and you don't have any new users and they've been unsuccessful in monetizing this. >> it's a problematic company. i don't know if he actually said that. he used the word severe so now if he's going through the door and i want to buy these guys for 20 million, even if they have severe problems, put that together and it looks like. i was astounded by the stories. they wrote that there are going to be bids today, but the stock is not octobering like that. >> i think it's right, they mood very --
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and when and what price, as a small investors, we're talking about this, if you're a small investor and you want to play the rumors, be prepared, man. because it's hard-- this is a hard company to get your handle on. i would not trade off cnbc rumors. charles: you've ma i had th-- you've made that clear in more than one language. network ceo's slamming donald trump, remember, silicon valley not a big fan of trump so they're coming after him.
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♪ if you're on medicare, remember, the open enrollment period is here. the time to choose your medicare coverage begins october 15th and ends december 7th.
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so call unitedhealthcare to enroll... in a plan that could give you the benefits and stability you're looking for, an aarp medicarecomplete plan insured through unitedhealthcare. what makes it complete? it can combine medicare parts a and b, which is your hospital and doctor coverage with part d prescription drug coverage, and more, all in one simple plan for a low monthly premium or in some areas, no plan premium at all. an aarp medicarecomplete plan offers you benefits like an annual physical, preventive screenings and most immunizations all for a $0 copay. you'll also have access to a local network of doctors and much more. you can get routine vision and hearing coverage, a fitness membership to help you stay active, and worldwide emergency care. for prescriptions, you'll pay the plan's lowest price, whether it's your co-pay or the pharmacy price. or pay zero dollars for a 90-day supply of your
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tier 1 and tier 2 drugs, delivered right to your door. in fact, our medicare advantage plan members saved an average of over $4,500 last year. now is the time to look at your options. start getting the benefits of an aarp medicarecomplete plan insured through unitedhealthcare. unitedhealthcare has been helping medicare beneficiaries for over 30 years. we'll connect you with the right people, help schedule your appointments, and with renew by unitedhealthcare, you can learn about healthy living and earn rewards, too. remember, medicare open enrollment ends december 7th. call unitedhealthcare today about an aarp medicarecomplete plan. you can even enroll right over the phone. don't wait. call unitedhealthcare or go online now. ♪ >> netflix ceo reed hastings
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slamming donald trump saying if he wins, it's secondary on the economy. he's doubling down on what he said in june when he said trump would destroy much of what was great in america. the strong leader that we need and it's important that trump lose by a landslide to reject what he stands for. the crisis management says that netflix could see a major blow back by hitting donald trump. >> it's similar to the hillary clinton basket of deplorable that people who represent in america are going to take this personally. >> if i were advising a ceo such as that, endorse who you want, raise as much money as you want for them, but don't become a hatchet man because remember, you're a ceo of a publicly traded company. i would apply the michael
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jordan one. he was asked to pick a candidate and he said they buy sneakers, too. >> and subscribers buy netflix. >>. charles: people come on twitter and say i'll never go there ain.tyetool 'lhave trump and it's going to cost americans jobs. >> at our national wore der, they'll overlooking that donald trump will do far better than hillary clinton on fiber security. it's been a huge failure of the administration and hillary clinton wants to continue those policies. it's a mistake to turn against donald trump. donald trump could win this race and they won't have any favorites.
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charles: cheryl says she'll never go on again, you've made your point. and we'll have preview after this. yride. bye bye, errands, we sing out loud here. siriusxm. road happy. but are you gonna bring fiup that stock again? well you need to think about selling some of it. my dad gave me those shares, you know. he ran that company. i get it. but you know i think you own too much. gotta manage your risk. and you've gotta switch to decaf. an honest opinion, even if you disagree. with 13,000 financial advisors, it's how edward jones makes sense of investing. .
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yo commute, we got serious game. siriusxm. road happy. . charles: fresh "fox news poll"s released tonight 6:00 p.m. eastern on "making money." i'm going to bring those to you. all weekend, neil is in st. louis for the second presidential debate, a live cost of freedom, a live your world on saturday and sunday at 4:00 p.m. and on fox business at 8:00 p.m. eastern time. special guests include aol co-founder steve case, green party nominee jill stein. our coverage begins 6:00 p.m. this sunday. trish regan is going to kick it off then. she's here to kick it off now. trish: i sure am. keeping an eye on hurricane matthew slamming the florida coast as you know slamming it right now. heading right up to georgia.
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look at those incredible pictures from jacksonville, florida. that is a live picture where you have powerful winds and very heavy rains that are pounding this area right now. matthew now a category 3 storm. florida governor rick scott warns the worst is yet to come. so get ready. the governor is giving an update any minute now. we're bringing it to you, governor rick scott in florida. i am trish regan, welcome everyone to "the intelligence report." here's where we stand right now at this hour. reut

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