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tv   After the Bell  FOX Business  October 17, 2018 4:00pm-5:00pm EDT

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inflation is coming around the corner and we'll die tomorrow. we think that is not right. we think this will take a whole lot longer. [closing bell rings] liz: future is so bright we have to wear shades or tinted glasses. thank you. can't follow up on yesterday's rally. down 95 point. time for "after the bell." connell: wild day for the dow. and down all over the place, ultimately down 89, 90 points. we were 300 plus points lower at one point during the session. s&p barely moving at all today. at the end of the day. nasdaq fighting for gains, looks like will end up a little bit lower. good to be with you once again. i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." we here is what is new this hour. keeping his promise to drain the swamp, asking everybody tear in
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the secretary in the cabinet to cut budgets by 5% with one exception. and dollar savings by rolling back regulations. at the white house the commander-in-chief is honor medal of honor to sergeant major canley for his service in the vietnam war. america's top diplomat is on his way to washington after sitting down with turkish leaders. the search for secretary of state mike pompeo to find out what happened to the missing columnist, jamal khashoggi. we have walid phares, kayleigh mcenany and spokesperson for the republican national committee and bill mcgurn from the "wall street journal." connell: we made a big recovery from being down as many as 19 points early.
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deirdre bolton on floor of the new york stock exchange to wrap it up. >> wrap it up. you saw the intraday chart. it looked something like this, 350 point swing. finishing the day lower around 2:00 eastern time. not a surprise we got the fed minutes from the september meeting. fed is can committed to staying the course and tightening. we took another step down after the minutes were released. look at the dow, one of the weights, one of them was ibm. the company met earnings expectations but really the problem was its revenue. it had been on such a good streak, ibm, but it broke a three quarter progress of creating revenue growth. it casts a lot of doubt on its future as that company, essentially that stock, taking about 50 do 80 points off the dow, 100 points at the worst moment. home depot the other big
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decliner. credit suisse downgrading the stock, talking about softening in the housing market. home depot would be very much affected by that. on the plus side, netflix, the company exceeding expectations for the third quarter especially with earnings with how many subscribers the company added. a little push and pull. back to you. connell: todd horowitz, bubba trading show and fox business network's susan li. this was down 320 at the low. >> connell, congratulations on the new low. the action was pretty much expected. i personally believe highs are in the for the year this is very expected action after huge
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rally, we call from traders standpoint, a dead-cat bounce and earnings will be high. i would lean more to the downside going into the end. year. connell: veronica whether short term lows were put in or is this high of the market and is this action we expect from here on out? we continue to watch interest rates. that is what everybody comes back to, i don't know about you. >> that is exactly right. everybody has their high -- eye on the fed. are they doing the right thing or move gradually enough? we're looking at investors in an environment where you don't have as much fiscal stimulus and this is something investors aren't used to. they're readjusting portfolios and expectations for the market based on that? i think we'll keep seeing volatility going into the midterms. we'll see volatility. and of course there is the overhang of china with trade. connell: yeah. talk about that in a moment.
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we'll talk about mitch mcconnell and talking about trade. headlines on oil being down which is interesting last couple days given so much talk about saudi arabia. doesn't seem to work its way into markets for what it is worth. >> you have to keep in mind the u.s. is now the largest oil exporter. we're still pumping away, fracking away. what i find interesting in the volatility, we should be mindful the volatility is par for the course when it comes to late cycle bull markets we're in. a short-term correction is normal for a long-term bull run. you have to put things in perspective. for me, you have to look at earnings we've seen. connell: susan, thanks. i know all three here on the panel are sticking around. we'll be back to you guys in just a second. melissa: the nickel plan. president trump asking each of his cabinet secretaries with one exception to cut department budgets by 5%. blake burman at the white house with the latest. blake? reporter: we heard of the penny
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plan but the president upped that five-fold at a cabinet meeting. the president asked cabinet secretaries to cut budgets by 5%. the defense department would be excluded from this before the official ask of his cabinet members the president told stuart varney that he believes his administration will bring down spending. >> you're going to cut some spending? >> we'll cut spending absolutely. >> that is tough order, mr. president. >> not as tough as you think. there is a lot of fat in there. we had to get the military done the last time. >> the reality, one of the final calls will come from the folks up on capitol hill. president's own budget chief mick mulvaney acknowledged that very reality earlier of the day. >> the rules of the senate which require 60 votes for every single spending bill in the senate, by definition, unless one party has 60 votes which very rarely happens, every spending bill must be bipartisan. congress spends the money.
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that is the way the constitution is set up. reporter: therein lies one of the issues. by the way at the white house, melissa and connell, started to tout or continued to tout their deregulatory efforts, in fiscal year 18, their regulatory efforts saved $23 billion, cut for everyone new regulation, cutting 12 of them. back to you. melissa: douglas holtz-eakin, president of the american action forum and joins us to break it all down. what do you think of that number, 23 billion in estimated total savings. that has to be present value of the savings over time or whatever it is but it is a big number. what do you think? >> it is an enormous accomplishment. i don't think people appreciate what was going on under the obama administration. there was an additional $110 billion a year of regulatory costs and the trump administration simply shut that down and is now going the other
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direction. it is an enormous accomplishment. one of the reasons we're seeing small business confidence at 35 year highs. one of the reasons we see gdp growth rates steadily ramp up. melissa: one of the things only business owners sort of appreciate. everybody else who is out there thinks of as, he is wrecking the environment. he is risking children's lives. we're all out there licking lead paint. that is sort of way other people look at it. how do you tell people, you know who aren't business owners and don't feel the cost of it, how do you explain it to them? >> what they did was actually put each of the agencies on regulatory budget. look, you can have no increase in regulatory costs. that doesn't mean you can't have regulations that cost money. if you do find something else that will save some money. what it has done produce some introspection on part of the agencies. they're paying attention to what regulations cost. they're finding things they don't need and burdensome, getting rid of them. that as a result you can get to
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things people want, safety from lead paint, clean water, clean air. do it in a way that doesn't burden the household and burden the business. that is a sensible objective. melissa: my god, almost like running a business or dealing with what you have to do as, you know a family, when you sit there say we have this other expenditure coming up we have to cut somewhere else. same thing he is doing with budgets, look everybody, you have to cut your budget by 5%. that is a normal thing that happens at companies. why does the government ever doing this before? >> the most amazing thing about this is, for the very first time, literally for the very first time, the federal government looks at an old regulation and asks the question is it a still a good idea? up until now they might ask it once, is this good idea, should we do this but never check old once. they're systematically checking old ones, they need to find the savings. that is a sea change way we think about the burden government. melissa: this is the stupid way
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government usually does business. is this a possible approach -- there are other insurmountable problems, debt and deficit. there is all of the built-in automatic spending goes on. what about health care. could you take this approach with health care? >> so the 5% cut across the board is real question is what budget? if it is just the operating budget of each of agencies, that is $68 billion. as you know the deficit is $800 billion. that is not a big number. if it includes $2.7 trillion of mandatory spending social security, medicare, medicaid, the like, then that is a big number. that will be a big lift for those agencies. melissa: no, you're right. that is next place to go. doug, thank you, appreciate your time. good stuff. connell: another story breaking late this afternoon, senate majority leader mitch mcconnell sounding alarm about tariffs. he gave an interview said they're starting to pinch what he described as the red hot u.s. economy. back to the panel on this. veronica start with you, a
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reuters interview where senator mcconnell represents the state of kentucky said, these tariffs are beginning to have some impact in a negative way. i hope we make progress quickly. directly contradict what is president trump said earlier, i believe in the stuart varney interview. we're not seeing any impact on the economy. who is right, do you think? >> it is a direct contradiction but will get comments from businesses out there, in the energy industry for example, they have cited directly, they have said, higher tariffs on aluminum and steel have caused them to cut back on capital investment. connell: right. >> if you're hearing this from business owners people right in the field that is something to listen to. connell: that was interesting, susan, that mcconnell did call the economy red hot. he doesn't want this to get in the way. he spoke to one of the mixed results we see in trade policy always not simple. he talked about kentucky. i have a new aluminum plant coming in. they think it is great. then we have toyota, they think
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it isn't. speaks to both sides. >> kentucky bourbon impacted by tariffs. there are pluses and minuses. china is waiting this out until after the midterm elections maybe if the administration is weakened by a loss in congress. i don't see them flinching until after. maybe we'll get a deal. i was impressed by what president trump did with canada, up until the 12th hour to get the nafta 2.0 sign. that was talking tough and threatening auto tariffs. connell: that is kind of the debate or has been todd, in all of this. if the president is using tariffs he says as negotiating tactic, the question from the skeptic, mitch mcconnell is one of those, but just in general would be what about the interim period? there could be some pain for businesses and for consumers, the interrim period, president says, there is no pain, it is not having an impact, mcconnell says that is not the case. what do you think? >> i think nobody really
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appreciates what a great job president has done with this whole negotiation and what he is doing here. as i look at farm products everybody says how much tariffs affected them, but meantime grain prices are higher today when the whole tariff battle went into place. i look from pricing standpoint. i haven't even overall effects in pricing. i see president trump will sit tight, hold stand and hold firm here because i think he will get a deal, get the deal he wants which is the beautiful thing about having someone run a business running this country so we cut back on all the frivolous costs and constituents and lobbyists focus on task at hand which is the money. connell: that is the hope, susan side, which is timing with china still in question. thanks for todd, veronica and susan. melissa: the diplomatic crisis between the u.s. and saudi arabia is intensifying. secretary of state mike pompeo is on his way back to the united states after a fact finding mission in turkey over miss
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"washington post" columnist. he is giving them the pace to conduct an investigation before handing out judgment. how should the u.s. respond? we'll talk to walid phares, foreign affairs analyst, that is next. connell: rocky road to the midterms, president trump wrapping up media appearances and rallies ahead of the november election. is the trump effect helping the gop? melissa: a looming bombshell, special counsel robert mueller is expected to present key findings related to russia probe after the midterms. we'll talk to bill mcgun, "wall street journal" columnist, what this could mean coming up. ♪ 300 miles an hour, that's where i feel normal. having an annuity tells me my retirement is protected. learn more at retire your risk dot org. a new way to save on travel. now when you book a flight
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connell: promising accountability, secretary of state mike pompeo meeting with leaders in turkey today in the search for answers over the
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disappearance and alleged killing of columnist jamal khashoggi. fox news correspondent benjamin hall live in istanbul with the latest. benjamin? >> connell, hi, there. for some day inspectors have been trying to get in the residence building of consume general. today they finally did that forensic teams tried to find any information where jamal khashoggi may be. the residence was one of key areas where one of the black vans traveled soon after khashoggi's disappearance. they are particularly interested in searching the garden and as well as the building. meanwhile, secretary of state mike pompeo arrived straight for riyadh. that the both the saudi king and crown prince promised him a transparent investigation though he made no mention of possible repercussion. >> they promised accountability for each of those persons they determine as a result of their investigation has deserves accountability. reporter: including members of the royal family?
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>> they made no exceptions who they would hold accountability. reporter: in ankara, secretary pompeo met with the foreign minister and president erdogan about 40 minutes each and with bilateral issues and raised khashoggi's and offered u.s. help. turkish media discussed further details of the gruesome operation they said involved interrogation, fingers being ripped off and a bone saw. they claim saudi agents killed khashoggi and hacked him to bits while the consul general urged saying them not to quote, that i will get in trouble. up with of the suspects, a former bodyguard of crown prince mohammed. so the fingers are pointing towards saudi arabia at moment. we hear saudi arabia has started investigating the people who have been named and pictures in the cctv. perhaps an indication their own investigation is getting underway soon after secretary pompeo left the kingdom. connell: what a story.
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benjamin hall live in the istanbul. melissa: we have wall reed freire rest, national security and -- walid phares is with us. do you have any evidence in your mind that the crown prince is not involved in this? >> any evidence from turkey, any other country or our newspapers and media, that is why the next 48 hours, 72 hours are critical but here is the legal problem. the territory where the embassy or the consulate is saudi. by saudi law, they are the ones who need to launch of probe and if the probe doesn't meet requirements of the tushes they will launch their own probe. at that time we in the united states and and international community will weigh in. if this was made by somebody in the government or is this a rogue group the president has alluded to. melissa: is there anyway -- so what happens if the conclusion comes out that they think that
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the royal family in some way was behind it, especially if it was the crown prince? i mean where do you go from there? is there pressure then on the kingdom to have leadership passed to someone other than him in order to maintain the advancement of the position and relationships that they have made around the world? what do you think? >> what we, we didn't have cases that are similar to this one. first you have to establish that it was done by a unit that is regular intelligence or linked to anybody of high authority in saudi arabia. that is number one you have to establish. melissa: right. >> number two you have to establish that is more difficult that orders were given from high up, because it is possible, we've seen many cases in many regimes around the world, some hardcore people would see their boss is not happy with this -- melissa: i know. i know, i don't want to jump the gun but i'm saying if you get to the point where the world believes it was the crown prince and there is evidence internally in the kingdom they're still
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denying it, but sitting there, saying to themselves, we have this choice? we either have to kind of put this leader aside and move on to one of the other five million royals, or, you know, we're going to really jeopardize our relationship with our allies around the world? culturally how do you think they respond to that knowing what you do? >> i see your point and this is a point basically i have to cross a bridge we're not there yet but i will do it for you. melissa: thank you. i know it's a what-if thing, i understand. >> it's a huge what-if thing and mullets pell scenarios. could be under saudi law or traditional law the government will settle with the family and therefore removing any legal penalty or any reason for which international community can intervene except human affairs, except international consideration. i think now they are in the process speaking with the family and as you just alluded to to give them some sort of recovery
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or some sort of price for what has happened, if they consider it as an accident. if it is not an accident, then it becomes something else, then becomes a issue of personal responsibility. melissa: walid freire -- fair rest, dicey road we're heading down. connell: a lot of what-ifs. search-and-rescue teams are still working in in devastation left behind by hurricane michael. we'll talk to a spokesperson from the red cross, on the recovery efforts and what is most needed on the ground. high secs in nevada. we will take you there live. we'll talk to rnc spokesperson kayleigh mcneney. that is next. wealth management with a satisfaction guarantee,
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♪ melissa: less than 20 days until the midterms. one race in nevada is heating up. incumbent dean heller, is only
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republican senator woning for re-election in a stat won by hillary clinton in 2016. hillary vaughn is on the ground in las vegas. was able to get an interview with the senator and also spoke to his opponent. reporter: senator dean heller told me his opponent is outsider born and raised in chicago and who has nothing to show for her time spent in congress. >> she hasn't authored a single piece of legislation. the taxpayers paid her $350,000 to, i guess, i mean she takes credit for piggybacking on other people's work. i have been to all 17 counties. she won't do a parade. she won't even walk down the street. reporter: even though rosen is from out-of-state and just starting her career in politics, democrats have gone all-in, betting on the freshman congresswoman. rosen tells me heller is in hiding, dodging voters on the campaign trail but also calling him out for cozying up to the
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president. >> senator heller, he sits with the president and he laughs at that table. he is laughing at nevadans, not listening to them. reporter: heller says the claims are ridiculous and the economy is a winning issue in the state that is giving his campaign a boost. rosen and heller are trying to win union support. rosen has culinary union that represents thousands on the strip and heller getting support from the trade unions and chamber of commerce. >> these are good jobs for these, for these unions and what they want are good jobs. they don't care if it's a republican or democrat. they're going to go with whoever is creating this work. i guaranty you, whatever obama, whatever they are trying to do are not coming close to what trump will be able to do. reporter: heller says high-profile visits from
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president obama and joe biden is huge help for him and will help win over independent voters don't want to go back to how things were under obama. i asked her if obama's visit will give her much-needed help but her strategy to stay low profile. >> all races are won closely. we'll keep our head down, talk to the voters. reporter: president trump hitting the stump on saturday. heller tells me 30,000 people are expected to turn out. melissa. melissa: thank you for that. connell: to crunch the numbers a little more. kayleigh mcenany joins us, republican committee national spokesperson. thank you for coming on. big intro music. >> i liked it. connell: kayleigh's song we call it. hillary was talking about president trump trying to help dean heller in nevada. looks like he needs help. is that fair? looking at races toss-ups that
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is one republicans might be in the most trouble? >> certainly one of the tightest republican seats we have, but we noticed a definitive trend towards dean heller when you look at public polling. latest poll had him up by seven. last two were up by two. the what you hit on president trump coming in, we noted with that polling, president trump came in. he rallied for heller. that was at a time heller was down by four. now he is up by seven. this rally could seal the deal and take this off the table. really important. connell: depend where you go. i was in tennessee last week. blackburn campaign, marsha blackburn campaign said the president's rally certainly helped her. you're saying helps in nevada. like to ask you about other states as well. what about fund raising? boy the numbers don't look too hot for your party in this race. heller seems like he is getting outraised, look at the house races as well, on average, looks like house republicans are getting outraised.
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democrats are raising more money. what is going on with that? >> fortunately at rnc we're outraising dnc by a long shot. we're making up for the deficit. no doubt democratic vote es and activists are enthused donating to their candidates. but we're seeing our voters donate to the rnc we broke today 270 million. connell: money won't be a problem, won't be issue to your point? >> right. connell: basically each party has the money to spend that they need. sometimes we look at it, kayleigh, especially looking at markets, how they might react to elections. we know in 2016 what unexpected was, compared to what we are looking for going into that night. fair, people say, investors people say expected result, republicans do hang on and keep the senate. maybe they add a seat or two. in the house the expected result is the democrats take it. can you make an argument that won't happen right now, that the republicans keep the house?
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if so, how do you make the argument? >> the house is where the battle is at, no denying that, going back to 1832, mid 18 hundreds, after berage loss of house seats party in the white house 32. average delivers democrats the house. that being said, we've seen the enthusiasm gap close from double digits where democrats were ahead, now within the statistical margin of error. connell: kavanaugh, right? helping more in the senate than the house is that fair, generally speaking? >> i think it is hard to say that. heart to make that argument. especially hidden trump voter. left likes to laugh at that i was talking to a pollster went out in the aftermath of 2016, talked to voters in michigan and california. 37% of trump voters said they would not tell a pollster they voted for president trump. that could be at work here. connell: squeeze in one more question, before i let you go, on president trump. i don't know if you saw the interview with trish regan last night. took a few shots at former mayor of new york, mike bloomberg, he would be easy to beat and
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democrats would eat him up in primary. got a response from former mayor. he was at an event. never know if you don't try. never thought trump would be formidable candidate when he started running. what do you think of mike bloomberg running against trump in 2020? >> i think he is underwell ming. would not bring much star power. switched parties several times. doesn't have consistent message. we would welcome him. i think he is one of the weaker candidates in the bunch. connell: kayleigh, we'll work on the music, kayleigh mcenany. melissa: moving details on the russia -- maybe that was your music? connell: my walk-up song? melissa: special counsel robert mueller reportedly moving to delivering key findings in the trump russia investigation but not until after the midterms. what could it mean for the trump administration? mill mcgurn from "the wall street journal" is
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connell: breaking news for you now, president trump moments ago at the white house awarding the medal of honor to john cannily, being rewarded for his bravery during a bloody battle at the tet offensive. the gunnery sergeant said to save the lives of his teammates, fighting off multiple enemy attacks and carrying wounded
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marines to safety. john cannily, 83 years old. the 300th marine to receive the highest medal of honor. melissa: bill mcgurn joins us, "wall street journal" columnist. i want to ask you, you work for the journal, you have a high standard, and what do you hear about the reports that robert mueller is doing? how much credibility do you give them? >> i don't know. credit i give mr. mueller, i'm a big skeptic about special counsels, the idea of a special counsel but i think that what he is doing is marked contrast to what fbi director james comey did in the 2016 elections, inserting himself, making one statement, reversing it, then reversing it again. i credit him for at least not doing that. not trying to be the big story in this election. melissa: so you're saying that
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he is not chatty cathy, the fbi director as comey was? >> yeah, or some of mr. comey's team. i mean, andrew mccabe is in trouble for that. and you look at these, you look at these other stories, around the government, the person on the senate staff, that pled guilty. melissa: yeah. >> to charges of leaking and then, i think another woman from, was it treasury department? that was arrested today. there are a lot of blabbermouths out there. melissa: yeah. >> and really putting out, you know controversial material. melissa: what do you think about the odds he is coming close to a conclusion and, you know along the lines what you said, we won't hear about it until the midterms, unlike james comey, don't want to upset it and is that a possibility? >> i think it's a possibility and he owes it to the nation to come to conclusion. it is outrageous for any president to have a special counsel serve at his heels, nipping at him, makes it very
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hard to run an administration and we haven't found any information in these two years to me suggest president trump was owe lewding with the russians-colluding with the russians on the election. on contrary we find out incredible activity by the department of justice and the fbi. woe now have the head of fusion taking the fifth. we have the fisa warrants sort of discredited in many ways. it is an extraordinary change. special counsel is supposed to be appointed to investigate a specific crime and in this it looks like the special counsel was assigned to find a crime. i don't think he will find one. melissa: who do you think will end up getting fired after the election? that was another piece of this story. the idea that rod rosenstein is on his way out. i don't know if i buy that. you see him helping with the last supreme court justice. >> right. melissa: also in the same article says that rod rosenstein is pushing for this to come to an end soon as well.
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what dowhat do you think his fa? >> i don't know. it's a good question. seems to be on and off. the president doesn't seem to have any issues with him right now. who knows. the other thing that needs to be said, these are very high pressure jobs. when i was in the white house people changed every 2 1/2 years or something. so it is -- melissa: yeah. >> not unusual for people to leave or find something else to do. melissa: there is only so long you can handle it if you're a human being. bill mcgurn, thank you. >> thank you. connell: more breaking news "after the bell for you, ebay filing a lawsuit and the lawsuit is filed against amazon. the accusation from ebay is that amazon has poach sellers on its marketplace. this comes from the "wall street journal" the algation says amazon quote, perpetrate ad scheme to infiltrate and exploit ebay's internal member email system over the past few years. we'll see. amazon has responded saying an investigation is underway. ebay suing amazon. melissa: finding relief amid
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disaster. how the red cross is helping the south recover following hurricane michael's deadly impact. we are talking to a spokesperson for the organization after the break. ♪ liberty mutual won't raise their rates because of their first accident. ♪ liberty. liberty. liberty. liberty. ♪
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connell: getting help where needed. red cross reporting that they distributed 8700 relief items in florida and georgia to help with the massive cleanup effort as verizon said quote, critical progress is being made in parts of florida to bring cell phone service back as hurricane michael is likely to become the 12th billion dollar weather disaster in the united states just this year, if you can believe that. we're joined on the phone by tony briggs, known -- american red cross spokesperson. tony, thank you for joining us. i was in florida last week. i was in a town of.
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the people didn't have power, could hardly communicate and i'm sure progress has been main. could you update us on the progress? >> connell, we've done herculean effort to make sure we get supplies where people need them. today, i followed one of our emergency response vehicles in a town called panacea, where our volunteers are going door-to-door dropping off meals to people in the homes. connell: what do you need? what is most needed in that area right now? >> right now we really have a good handle what we need as far as on the ground. for people that want to help, the best way to help us is donate. that is really simple to done at cell phone texting michael to 90999 for 10-dollar donation. that will go a long way. connell: 90999, text the word michael. that gets to the red cross if
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you do it that way? >> it sure does. and it helps because, when we get those financial donations we can move, those donations into ways that will help people right where they are. for people that are still in the shelters, we still have 1600 people in shelters here in florida and in alabama and georgia. we've got 1400 folks who are on the ground here, 24/7. connell: i don't know where you are but the connection sounds strong is different from the area especially in sell phones. at&t service was spotty. people live there don't have at&t which puts pressure on verizon. how is communication? is that improving? >> it is like i said right now we're in panacea which is not too far from the damaged area and we know that the sell systems have been coming up. each day they made more progress. we've been able to have better contact with folks on the ground
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and you know, we can see where our efforts are really starting to make a difference in people's lives, well past the initial incident of the storm. connell: tony all the best. we hope the donations keep coming in. all the best for the work you're doing on there. thanks for coming on. >> happy to do it. connell: tony briggs. melissa: so much to do there. hard to watch. you were down there as well. connell: the communication i hope is getting better. that is the hard part. people wanted to reach out and get help but they weren't able to. melissa: kind of thing you take for granted. reaching people. president trump is making the media rounds with less than one month until election day. so will this effort work in the gop's favor? that's next. ♪ fact is, every insurance company hopes you drive safely.
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>> going to keep up this pace of media after the midterms or is this run-up to the midterms? >> this is just for the midterms. we want to win and get the republicans nominated, we want to get them elected. we need republicans. they talk about majority, we have majority of this much. if somebody has a cold we no longer have a majority. so we need republicans. >> president trump wrapping up media appearances in the run-up to the midterm elections. is it working? hadley heath manning, independent women's forum policy director. the president is quoted saying if the folks lose when they campaign for them, basically on them, he went out there to try to help, in a lot of places help ad lot. democrats say please come, you're helping us. what is the truth? >> it is not unusual for the sitting president to not just
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that, but also a spokesperson for his party. that is what president trump is doing here, reminding voters as much as the administration is able to do alongside congressional republicans over last couple years, he needs to maintain a majority or build on majority of republicans in congress in order to revisit important issues, repealing and replacing the affordable care act. president trump is good for the party at this point. he is reminding conservative voters why they elected him in the first place. he is representing what many conservative voters need in general is a lot of backbone. he stood up for brett kavanaugh during the supreme court fight. that is what conservative voters are excited about. melissa: that democrat surge is huge and women hate him. that is sentiment. president addressed that, college educated women want safety, security and health care protections, very much along with financial and economic health for themselves and our
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country. i supply all of this far better than any democrat, for decades actually. that is why they will be voting for me. who is right in that fight? does the president have female support or is the gender gap enormous. >> there is a grain of truth in each of those statements. democrats according to polling do have an sad wang with him right now, especially college educated women but on the other hand it would be wrong to classify this group as a monolith. every single voter, including every single college educated female voter will make decisions for herself based on what policies she thinks are best for the country and president trump is acknowledging there is a large swath of women voters who are looking not just issues that the democrats will be pushing this fall, but looking at tax reform package and looking at economic success in general that our country is having. melissa: another huge divide, democrats say this is the most unpopular president in the history of the planet. we want him out there. then at the same time, candidates seem to really welcome him when he has a rally
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in their backyard. we're looking at one on the screen here. so which one of those two things is true? >> you know, i think both parties at least, the voters who have decided which way they're going to vote already are pretty enthusiastic at this point. i think the supreme court fight over justice kavanaugh really galvanized both sides. maybe president trump is simply a polarizing figure in today's politics. that is not unusual. president obama you could have said the same thing of him. definitely a lot of republicans excited to see him championing causes that he promised and he is delivering on in 2018. melissa: we'll see how it turns out in just about 20 days. hadley, appreciate your time as always. >> thank you. connell: we talk about the job market all the time. overall it is booming. we hear stories about that. one place in particular that reins supreme as best city to work. melissa: new york? ♪
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>> of the jobs market. gives workers more opportunities but one city outranks the rest for job hunters. >> for the second year in a row. pittsburgh, how about pittsburgh russian ark st. louis and india are the top three. the report glass door. the list was determined by three factors that tell us. and also how happy employees wear. >> how do you quantify how happy employees are? >> i'm fantastically happy. >> you'd have to compare and contrast. >> you might ask you for listening right now. that's all i have to say.
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>> they could remake the whole city. now it's health care, technology and other things. >> hartford was on the list. >> they let you in hartford. your huge and hartford. >> thank you so much. that doesn't. "bulls & bears" starts right now. >> see you tomorrow. david: from wall street to washington and all over the country, we are talking about the topics that matter most to you and your money. this is "bulls & bears." hi, everybody. i am david asman. joining me on the panel today our very own susan li is here. scott martin, asset management chief investment master. jonathan hoenig of the capitalistic hegemon and editor of in a textbook called americanism, more about which

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