>> welcome back we have a big weekend this weekend stay with me don't and wall street 9 p.m. eastern more of my exclusive into with miller and futures 10 a.m. eastern sunday and talk with congressman tim ryan and pete king and steve scalise. stuart take it away. have a great day. cease the day stuart. >> i like that march i'll do just is that. good morning maria, good morning everyone. jobs, market rally. china trade, apple, hardline trump, it is all happening this friday. start with this. 250,000 new jobs created last month jobless rate 3.7%. the wages rising at a 3.1% rate best in years. jobs have been a very bright spot in the trump growth agenda. now we're head intog a blockbuster holiday season. looks good. one problem for the economy has

been china trade. this morning we have movement. positive movement. the president called china's shi and told staffers to prepare a draft agreement. well, the market loves it. we're looking at a gain of maybe 200 points plus maybe 230 if that holds, the dow would have gained a thousand points in four sessions. that's a pretty good start to november. but you have to look at this. the price of apple stock is tumbling. yes it brought in record profits. yes record revenue too. but it suggest a little weakness in the coming holiday quarter that's called guidance. and a the analysts didn't think much to it. down it goes. 6%. politics, four days to election, and hard whatline trump is pouring it on especially on immigration. he's not letting the caravan people in, if they do get across border they'll be housed in tent cities not released and better

not throw rock at our guys. the temperature is rising. and so is the market, the friday edition of "varney & company" sb to begin. ♪ >> today i spoke to president xi great guy, great man from china. and he's the boss he's the head of china but we spoke and fibs look we have to make a fair trade deal. he wants to do it, they all want to do it. lots of great things will happen over the next short period of time. look who is here. steve moore, chief economist of the heritage foundation and formally a frentd of friend of e show except last couple of years. e steve how are you doing? >> i can't stop smiling this morning my goodness like one of the blockbuster days you dream about when you're -- >> sure. >> working with the president, i mean, every --

>> let me deal with china trade first. >> okay. looks like we've got a break through looks like the something coming. do you think there's a deal coming? i mean you're on the deal is a deal coming? >> i wouldn't get too carried away been but i think it is great news that they're talking. look these tariffs have really put hurt to china and stock market has fallen by over 20% since prop announced these tariffs so he's tightening screws on china. i think at the end of the day china will make a deal. what i don't know stewart is when this will happen and i don't know if this will happen next week or next month or six months from now. i do know this having -- spoken so many times to president about this he will not back down when it comes to china or take a, you know, just a symbolic victory. he want it is very substantial confessions from china where they stop stealing our intellectual property and open up their market stuff. by the way those would be good

thing percent china to do and open up marks in united states stuart if that tbets done i don't know when it will get done but i think it will. and when it gets done you think it is strong now you'll see the the big expansion when it happens. >> oaks. couple of years back, on this program, you were touting you said hey 4% growth under president trump. here it comes. roll tape just so you remember. roll tape. >> i think we could have a couple of quarters of plus 4% growth and boy when you've been growing at 2% you reported this many times on your show that we have not -- correct me if i'm wrong stuart i know you've reported this. no known time in ten years have we had a year of over 3% growth so you know if you get to four and a half percent growth that will feel really good. >> it would feel really good -- >> you doubted me. where is it? >> we're at 3.5% growth. where's the 4? >> well wait a minute you look at last two quarters average were with a little bit under

four and economy is picking up steam and not falling. look i'm really bullish on economy a lot of economists saying there's a recession on rise. i don't see it. i think there's tax cut that's kicking in and starting to see business expand their operation. everywhere i go stuart, from portland oregon to maine and every town in between you see construction powers. you see the, you know, the scaffoldings you see crane is up. whether it is memphis, tennessee or denver colorado or san francisco, los angeles even detroit and cleveland. we are in the midst right now stuart of the biggest construction boom in american history. never seen anything like this. now look at the numbers on this report. look what happened to construction jobs. you know, the only thing that is constraining 4% growthing right now stuart, as you know you talk about this, is we with don't have enough work and we're literally running out of workers in this country. >> steve hold on a second i have to run to show the audience what the market is going to do in a few minutes hold on a second back in a moment.

it is a rally again. up about 200 points for the dow industrials. but apple is going to be way down and that's, obviously, hurting the nasdaq. okay, when we mention trade we have to talk trade sensitive stockses like boeing that will be up at the opening bell five bucks have a look at the level 36 for boeing we have better profit coming in at exxonmobil that stock sup nearly 2%. same story with chevron. better profits, that stock is going to open about 2% high per as well. let's get to apple. that stock is going to open sharply lower. because they gave a not so rosy holiday forecast. joining us now tech guy mark douglas with steele house okay first of all what's wrong with apple earnings? >> there's nothing wrong with apple earnings. revenue is up. earnings up. if apple is losing who is winning i haven't seen a google pixel outside of a period so apple in near tomorrow but it's the long-term.

>> what's the problem long-term competition from amazon for control of the home is that it? >> exactly. apple controls your mobile life. the phone -- the watch, apple pay. when you go home it is all a about electra. amazon has taken and reached cultural status they don't own a alexa ref to like you see memes on instagram referring to her. so amazon has that and amazon has ring doorbell and then they have products of things delivered to your home so am l started to get blocked outside of the home and that's the big threat for the long-term for apple. >> innovation that comes up with something inside from the home from apple. >> they could but they're not doing a good job right now. basically they have a speaker that they released last year with apple tv both products are overpriced way higher than any other product on the market. and what they really need to do is they have to bring their

control of your mobile life into the home. that's the key. basically all that data you're carrying arranged in your pocket bring that into the house that's how they start to get a foothold going after kengted tv basically buying in hollywood. that's the long-term threat for apple. near term q4 they're fine and they're selling product made the out of glass they're going to have no problem basically selling more of it. >> okay. mark you're all right thanks for joining us again. thank you, sir. back to politics now democrats could take control of the house in tuesday's election so let me show you california democrat maxine water who is may end up chairing the financial services committee. roll tape. >> i will be the first african-american first come to chair what the financial services committee. [cheering] that's all of wall street. that's all of the insurance

companies that's all of the banks. what am i going to do to you what i'll do is fair what you did to us. [cheering and applause] steve moore i'm sure you heard that. sounds like a threat to the banks if you ask me. what do you say? >> when everything was going so well you have to bring that up right. that's a scary scenario -- maxine waters is very hostile to the banks very hostile to wall street. very hostile to investors. so you know that would be ink one with of the worst features of a democratic house. distinctly i've been predicting all along that we would see a democratic house but i have to tell you when you get economic reports like we've had -- you know, the record high consumer confidence not record amount of jobs i think there's a little bit of a trend over the week to republicans and -- now i'm hedging my bets on whether republicans will lose the house. >> i want to bring up your book the new one trump inside the

first plan to revive our economy. what's the difference between trump and reagan -- >> great question. i always get asked that, and i think the big difference is within ronald reagan by the way i work for reagan and donald trump so i knew them both. i think ronald reagan belongs on mount rushmore one of the truly five greatest presidents. reagan was a conservative he was ideologically conservative. donald trump in my opinion is not an ideological person he look at the world as a businessman first and foremost every decision that he makes every tile i was with him how would you approach this issue -- if you were in business, he's brought a business ethic to the white house. and replacing a community organizer with a businessman has made all of the difference in the world. that's number within. number two, everything that donald trump does, everything that he does is always laser beam focus on growth. growth, growth. how do you grow the economy

larry kudlow and i from our first meetings with him told him if you can get that growth rate up to 3 to 4% and need i say i want 5% if you can do that you're going to solve a lot of other problems. >> steve i'm still looking for that four 5% i think we'll get there. 22% of the second quarter 3.5 and still not satisfied. come on. >> i'm wining that's all. just whining but it is a great jobs report. steven thank you very much for joining us we hope to see you again soon. check futures, where do we open with a gain for the dow but not as much as we were expecting earlier we're up about 170 points but apple is taking the nasdaq down about 37 meanwhile president trump is getting tough with migrant caravans not letting them in and throw rocks at our military our soldiers will fight back. you'll hear exactly what he's got to say. look at this. some voters in georgia getting surprise visit yesterday from oprah. she was in the state campaigning for democrat gubernatorial

candidate stacey abrams question will she get a last minute bump from the oprah effect, herman cain on that, coming up next. abe 24/5 mean to you? well, it means i can trade after the market closes. it's true. so all... evening long. ooh, so close. yes, but also all... night through its entirety. come on, all... the time from sunset to sunrise. right. but you can trade... from, from... from darkness to light. ♪ you're not gonna say it are you?

wow. the rallies will continue, the tour goes on. all right in the next three days where's the president going? >> today indiana west virginia, tomorrow, montana, florida also sunday georgia, and tennessee, and on monday ohio, indiana, and missouri. he will have done 30 rallies since -- labor day. i mean he's really on a blitz across the countries. >> i wound per they start ised lining up for rallies they probably have. donald trump, though, really doubling down getting stuff on. immigration roll tape. illegal caravans will not be allowed into the united states they should turn back now because they're wasting their time.

they should apply to come into our country. we want them to come into our country. very much -- we need people to help us. we're all of these companies that are coming in. they want to throw rock the and our military fights back i said consider a rifle. when they throw rocks like they did at the mexico military and police i say, consider it a rifle. >> i would call that pretty tough stuff. herman cain is here chairman of the protrump america fighting back a pack, immigration is now front and center arguably the other big issue in the election along with the economy. front and center toughline trump. what do you make of it? >> i think that tough talk and tough line is appropriate. we can't allow as president has said many times we can't allow people to just come into this country. it's more like an invasion they know meaning people behind these caravans they know -- that if we get per messive and

they're able to come in illegally they want to overrun our systems they want to overrun our laws. i think that the president's stand is stand to make and they ought to heed his warning he keeps warning them do not come. i fear stuart, somebody is going to get hurt. and it is not going to be because the -- buzz the american patrol or border patrol they won't start it but they might end it. what bothers me that left is saying that president opposes all immigrants. he does not he opposes illegal immigrants. that really bugs me as a very legal immigrant myself but hold on a second here i have to get to this. oprah winfrey stomping in georgia for gubernatorial candidate stacey abrams vice president pence joked about it. roll that tape. >> heard oprah winfrey is in town today.

and will ferrell i saw going door to door not too long -- [booing] i've been saying it all day, i would like to remind stacey and oprah and will ferrell, i'm kind of a big deal too. >> but herman oprah will surely have a lot of pull in georgia. won't she? >> not politically -- stuart if what i have experienced is what i have heard people like and love oprah as a tv and hollywood personality. they do not pick their candidate based upon what hollywood selects say. that's correlation never exist and it doesn't today secondly more and more voters are not stupid. more and more vote reverse not going to be influenced by celebrities so i agree with with vice president pence. he also said georgia is not hollywood. and i tell you they like to see the fact that she's here.

but she is not going to influence a lot of vote schismly because she is this big hollywood personality. it doesn't work that way. people pick their politics different from their hollywood celebrities. >> sure do in georgia that's a fact. [laughter] herman cain, thanks for joining us, sir, see you real soon promise. friday morning how do we open the market we've been straight up for the last three sessions. look like we're going up at the open bell today. dow sup about 106 nasdaq is down. because of apple. check this out. video recorded off coast california, fisherman jumps on back of a whale to cut it loose from a rope looks interesting but coast guard is not happy we'll explain it all in a moment. here.

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you know we better tell you about a whale rescue go. >> over central california, look at this shot right there. this is really risky people drown doing this. he cut the buoy off, rope was still on that humpback whale powerful creature, and the coast guard and authorities say this was dangerous stuff. we try to track down animals ourselves to cut the gear off. so this is a whale rescue and a commercial fisher manfred the

humpback whale from buoy risked his life doing it. >> allowed to say good for you guy you did the right thing or sued if somebody else does it for liability? look at amazon please. it is going to stop e-mailing washington post stories to customers now wait a minute, wait a minute -- amazon is founded by jeff bezos who owns washington post. what's going on? >> separation, though, owns washington post as an individual so it has a separation between amazon and the post, and trump has, obviously, argued that there is a separation between the two. he's said that washington post is amazon's chief lobbyist. but you know amazon trying to adhere to ruleses so they're saying we're going to stop e-mailing popular washington post stories to its customers that's what they've been doing in regular blast e-mails whether or not so trying to separate church from state. >> washington post is leading trump hating media outlet and print media. they hate the president. or "the new york times" i think

that's connected. washington post is worse. absolutely i do. they would argue that they're reporting on a neutral stancest that's their argument. >> walk up the market here we go. a rally yesterday, day before and day before that. we've gone up close to what, 900 points in three days what we're looking at now is another gain at the opening bell to take us beyond 25,500. and that jobs report this morning looks really good is there any, any red flag on horizon? >> not even a, you know, split republican president and democrat run house. you know you saw with the reagan, that happened the market filling you saw request george w. bush market still went up. relax everybody. and race might be a concern getting job number that we saw 250,000. and strong gain in wages. absolutely. up 3.1% best gain in year. almost a decade. 3.1% so look at your screens we're going up at the opening

bell today that would be 190 and maybe 200 points up but do be careful watch apple which is sinking big time. we bring you both the dow and apple after this.

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gain for the dow industrials. if that happens, it would mean that we are up a thousand points just in the last what, three and a half here in a bit trading sessionings and we are looking had for triple digit gain at the opening bell which is opening of training i should say which comes in two seconds here we go ladies and gentlemen friday morning off and run at 9:30 and we have opened to the upside up 88. up 96, up 93. on the lngd side of the screen for radio listeners i can tell you that almost all of the dow 30 are in the green they're almost all up and now we have a gain on the dow of triple digits up 116 points we're up roughly a half percentage point got it. check out the s&p 500, what's the percentage gain there? up about a third of one percent. now, look at the nasdaq, odds are it is down. because apple is part of the nasdaq and apple is way down this morning. it is a big enough drop to

account for a minor sign on the nasdaq composite down about .18%. here's apple stock fitzgerald. down 13 dollars, 6% at 208 dollars per share how about that. join us david dietz and suzanne lee and start with apple weak holiday sales forecast john is that the only problem a weak holiday sales forecast? >> i believe it is. yes. you're going to have about about 93 billion dollars in the fourth quarter. we were expecting praption as much as 100 billion dollar quarter first time ever for a company. the problem with a l right now is they're not selling more iphone apple owns hand amazon owns home and neither one have been able to get into each other's territory biggest thing here is services. services 10 billion of that 63 billion quarter that was reported that was supposed to go to 50 billion in two years and i think that's the biggest number and that's apple future going forward. >> but 250 billion annualized is

about the size of peru that's a lot of money apple and the whole thing about unit sales stuart that apple is not going to disclose unit sales anymore. this is why they're now doing it if able to make revenues grow by raise aring prices. and by keeping unit sales the same so that's what these fighting over that. >> wall street analysts don't want to see raise price when is do they get price shock and fact they're no longer selling unit sales although completed flat year over year -- they don't want to tell you what is bad news perhaps. >> so prices are going up. but that's not translating through this margin and that was probably compression on stock as well yesterday. analysts estimates in materials of how much per hand set so a lot of disappointments in the numbers. maybe from analysts but i don't think that disappointed -- >> to perfection 5.5% of apple

to me it is overdone. >> this is stock us up 30% this year one of the only bank stocks that pretty much held up only off a couple of percent in october. so perhaps it was due for reckoning. >> here's my last word on it. if i have any money to spare i would put it into apple right now and buy it at 210. >> final word. >> final answer. [laughter] i have to get to jobs report because it was real, real strong 250,000 new jobs in october. i say that's really strong. >> for main street that is fabulous and every category job drop and more importantly people are getting paid more. up 3% year over year first tile with that free handle since big recession. >> we have a sweet shopping season for christmas. pretty happy. dynamite isn't it wages up. growth strong -- more money. plenty of opportunities incase you want -- >> more for mortgage rates that's the concern right now because we did see futures come down a bit after really strong

job numbers because the federal reserve interest rates three to four times next year. >> i take your point a strong report means stronger rate increases from the fed. and maybe that tempers dow. i think you're right on that one, suzanne. >> all right. >> she's right. [laughter] stocks rallied yesterday, about on some positive comments from president trump on trade. so come on in, john. is this market this rally that we see now is this all about the nice words on trade between the president and leader xi? >> i think that's a big part of it yes. they've got a deal done and end of november this market would take off in a way that we haven't seen since president trump first took office. i don't think we're going to get a deal. i think president trump i hope we do. i think president trump right now is using this bangter ahead had of the midterm to bully stock market. i think boats sides are so on this tariff deal that neither side is going to budge in

november. but that's what is priced into the market. >> but to repeat if we did get a deal the market you say qowld go straight up. yes? >> absolutely. yes. because i think what's priced in the market is stagnation between two leaders in for a long tariff war if we have a deal it would be a huge surprise. >> okay on your screen starbucks stock is up 8% this morning. sales were strong, it is supposedly having some trouble getting people into its stores. what's that all about? stiff competition or something? 8%. absolutely the way i think it is remarkable they took big reputational hits earlier in the tall so brought down it and come straight back. great margins what's not to like. >> you make a great point at the break that have starbucks becoming six buck you can go to mcdonald's to get a coffee for a buck 50 with a virtue signaling that's annoying on a cup from starbucks. so it doesn't take like 12 hours or 12 minutes whatever to get a

coffee. >> no. gain for fact they raise prices in period of 5%. in those three months you pay 3% for more latte it is overstored at this point. pane big hedge fund buying in. j the taste of the coffee is bad. it is berndt it doesn't taste good. >> i will not stand in line for our or five minutes to get a four dollar cup of coffee. >> not four, fiefs -- six. 4% same over year increase in united states is pretty impressive. as we were speaking, the market, the stock has gone up some more. now we 9.5%. >> listen to emac. check big board up 158 points now that is the best part of two-thirds of one percent. look at exxonmobil. reported better profit this morning. that stock is up nicely at 82%. same story with chevron reported earlier today better profits and up they go 3.7% on chevron. better sales at alibaba

apparently not helping stock now down 2.3% and concerns about china consumers spending less. because they are spending less and alibaba is down. sales falling short at weight watchers. i think -- oprah still has a piece of the action there. the stock is 21% i think she's very much in the money if i'm not mistaken. dow dupont as we reported yesterday buy back i think it is 3 billion dollars worth of stock he wept up yesterday it is up again this morning 1.. back to the jobs report now, yes we have been with us kevin chair of the counsel of economic advisors he joins us from the white house. kevin welcome back good to see you again. >> great to be back. no wonder you have a smile on your face even i have characterized 250,000 gain in jobs is good. go ahead. >> yeah it is really astonishing report you know we did this estimate of what hurricane effect was going to be because hurricane came during survey woke and we thought it was going to subtract about 60,000 jobs from this so we were prepared for worst and this is like

astonishing number given all of the literal headwinds that we have. >> the hurricane have no impact at all on this job. >> bls a highly uncertain thing but on household side they didn't go to work for a week because of weather, and that's one of the highest we've seen on record so we didn't really know what hurricane effect is but astonishing to get 250 with the hurricane happening in survey week almost unheard of like details you mentioned with across the board strong you know we have lots of job growth in all of the industries -- , in fact, there wasn't a single industry in the data that went down. so talk about broad spread growth. but don't miss the other bright spot which is 3.1% increase in wages over the past year. exactly. some criticism this morning there is so strong it means higher interest rates from thed fed because of higher inflation. discuss that one please. >> sure that's something

professor varney and i have talked about over the years because what's going it happen is we cut corporate taxes to lead to capital spending boom which we see in da to increase productivity in wages so they should go up right now because workers have better and more machines to work with when that happen hads i respect the fed and when that happens then you can see wage growth that is real wage growth and not just inflation. kevin flatly works wongders in television. so it's if an insult. these days -- [laughter] maybe so. [laughter] tell me more about trade please because here's what we've got on our plate this morning. the president calls china's leader he says they have a good conversation about a deal. we're told that the president is told his staffers to prepare a draft of a china trade deal. can you update us on any of this? >> well i can't comment on the president or lack thereof of a draft. i can say president xi and president trump had a great call

that is a lot of optimism into the g20 meeting and what will happen at that meeting, of course, into a meeting you know people study, you know, what are the kind of things that we're going to ask. i think another thing to notice also and this has been covered very well in media is that the president has -- sort of marshaled troops of government to try to get thing like ip theft to stop from china. so not only have we done thing that have gotten headlines with tariffs and so on but we've got lawsuit involved to stop things as well so i think we're going down into a negotiation with with a very, very strong position. >> may i ask if you were there when the president was talking with larry kudlow was he there? >> i can't talk about where when all executive privilege stuff but you can ask the president office to help you with that but i apologize stuart. j that's all right. before you go. what happens to the economy if the democrats take the house? >> you know, i think if the democrats took house then they

el brace president trump policies, and they made them permanent then things would go up but if that's unlikely probably heading in the other direction. >> kefn always a pleasure. thanks for join ugh us sir. appreciate it. see you again soon. >> yes, sir. all right everyone you heard exactly what kevin had to say, anything stand out to anybody here what you got? >> fantastic number, and i mean it is a great one going into midterm because it is best wage growth since 2008 what's not to like there's one thing -- alluded to, is interest rates tengd to go up a little bit more. we've seen already weakness in housing and mormings and that may continue. >> like that he agree with professor varney. all parts of the economy are doing well he said every virtually every sector was hiring in the month and i think that all politics are local how do you feel heading into the vote on paycheck knowing that you have a job next week and find one if you want to find something else to do. >> should be a big boost for the president and the republicans in the midterm.

>> laser beam focus on growth -- >> but republicans haven't touted or advertised success of the economy very much. they seem to be lacked and demagogued by democrats i don't understand it. >> not able to sell the growth. i know you're in bermuda but if you were in america you would be out on rallies ponging table wouldn't you about this great economy and strong wage growth? >> absolutely. i would stay off anything except the economy. look that 35 or 38 time civil war, president party has lost seats in the midterm so president will get hurt as far as the midterm election is. but one difference this time is economy is absolutely roaring and people vote with their pocketbook there's angst on both sides people don't like democrats people don't like republicans. they'll vote with their pocketbook and to me if i'm republican all i talk about is economy 24/7. >> okay. i'm just intrigued that john saying that economy is roaring. since a economist sitting next

me i wonder would you agree with that economy is roaring? >> absolutely. there are some weak spots in housing and in automobiles and that's the of higher interest rates and people stay is put and afraid to move because it will cost them a lot more up to 20% more from 1% more over last 12 months sost that's a little fly in ointment and with a stronger economy. >> no hurricane effect in those numbers aen you look at bounce back look at manufacturing again, 32k, construction 30k, usually after hurricane not that rapid of a popup but pretty rapidly popping right now. >> john last word. >> stuart one thing that they aren't talking about 237 economy is doing fantastic job number is good old prices down 10% since first disappeared in later found out he was murdered reason is because saudi es have opened up stake to take away any angst that people having against hill to put sanctions on they will. we have a real problem with what's going on iran taking up

to barrels day off a the market. we can see old prices go significantly higher from here. that's a real headwind that most people aren't talking about. >> i'm not sure you're right. i thought saudi and we in america and russia pumping like crazy to make up for any shortfall -- >> but one of the reasons that saudi is doing that is because they want to take away the whole world against them because of this murder of khashoggi so as soon as they have this disappearance they said we're going to start just pumping as much as we can that's different from what the saudis said in the past it is in response to the khashoggi. we have a blockade right now in west texas with our shell all because pipeline capacity that will take a year to cool out so i think we have a problem here with oil prices going forward through the winter. because of the stuff that's coming on. i want to sum thing us for a second we have a rally on big board up 194 points. kevin on the show moments ago. what he had to say did not hurt the market, maybe it helped it a

little. we have a blockbuster jobs report certainly very strong jobs report. don't like high strong wage growth up 3.1% best in nine years fly in ointment is apple which didn't have a very strong forecast for the future. and the stock is down about 6 other than that we're up about 200 on the dow industrial afnlg. let's go from money let's go back to politics. midterm elections days away, in arizona -- the senate race is between martha mcsally and kyrsten sinema getting a lot of attention hillary join us from tempe the latest hillary. >> hey, stuart well this is getting a lot of attention because it is one of the tightest senate races in the country and it just got even tighter because a candidate dropped out. the green party candidate angela greene quit her campaign and threw her support behind democrat kyrsten sinema, and the development could be a game

changer because the latest fox news poll just this week shows both candidates sinema and mcsally split down the middle in terms of voter support both them at 46%. mcsally telling me she thinks sinema green party endorsement help her campaign because it moved to arizona voters that she's not a moderate. >> so shows her true colors what her root are. what she's been passionate about in the past and where she's lined up out of mainstream she hasn't used, you know, the democrat anywhere in her ads and now you have the green party candidate saying, she's with her. >> we caught up with democrat kyrsten sinema to get out vote event with veterans and remember that caravan headed it here is a local issue here in the border state. she brushed off the troops president saying it is not new. >> it's not new for us to have military deployment to the border. to provide a support role for

our cuss testimony and border patrol agents who are down there so we wish they will well and tell them to stay hydrated. >> when i told the former fighter pilot martha mcsally to stay hydrated she left. stuart. j okay i hear you hillary thank you very much indeed got it. better check the dow again, we still nice solid gain this friday morning. we're now up 180 points got it. that puts us at 25,568 as we spoke and retailers they're having a tough time finding part-time holiday workers. people don't want a low-paying part-time job so retail reverse sweetening the part offering paid time off -- benefits even giving part-timers more hours so they can qualify for health care coverage. that's a big deal. more varney after this. a once-in-five hundred year storm

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20 minutes in up 18 had pont but ge more rough sledding that thing can't seem to get out of its rut. nine dollars share as we speak earlier this morning it was just at 9:06 that's ge. oh, here we go new tweet from president trump on the jobs report. i'll give it to you right now would you u.s. added 250 ,000 jobs in october. and this was despite the hurricanes, unemployment, 3.7%. wages up. these are incredible numbers. keep it going. vote republican -- president jumping on board with that one. ford and volkswagen teaming up on self-driving cars what else we got on this one suzanne anything else? >> interesting because they're

tieing up to challenge tesla at this point and yeah turning to reshape the future. >> everybody is. for transportation and one option could involve volkswagen taking a stake up to 40% in ford existing driveless car program. it is pretty expensive right billions of dollars have to be synced into it for research and development and i think there's a market out there. tesla seems to be only viral player lou. but i would say in the future if you can get in and muscle up it might be very -- >> do you think it is going to be that big, i mean -- am i personally going to own a self-driving car or is it going to be fleet of taxes and über that go for the self-driving car? >> that's a good point so well, okay über has told us in past that they think this is going to be a driverless world in the future no one will need a driver you don't have to drive yourself we will need drivers to get cars. >> i don't get it i like driving a car. >> you do -- >> filling up with with gas

tank. no i don't -- leave me alone. >> let's get serious ford motor company and 17 a share. both getting into self-driving i'll see it when i believe it when i see if get if right. retail let's get to that. a adobe they say it is going to a real strong year for online shopping that would be a really strong holiday shopping season. u.s. retail guy, burt is with us. now, i don't know adobe covers this but up 14.8%. that's a big number. 16 billion more than the combined sales of gap and banana republic old navy plus land base sales so national retail federation stuart all time record from what you referenced record low unploit and more working higher wages, and that tax cuts 125 dollars per month this month and next month and extra purchasing power so

naturally retail federation said family of four spend over 1,000 dollars on holiday first time ever. >> it is a blockbuster holiday season, the stars are aligned for real record here. >> stars are aligned and reporting record holiday hiring, breaking over 700,000 new jobs for the first time. those people working holiday jobs tend to spend 25 to 50% of what he makes in every store so that will drive retail further, and some permanent full-time hiring for next year too. >> on retailers having a very hard time in tight labor market getting to help they need for holidays. i understand that some are offering more hours even to part-timers so that they can qualify for health benefits. more hours health benefits, thanksgiving turkey coupon for hair salon everything to get work rs retain workers, and paying record amount as of money with the benefits for the first time you reference. >> giver me one big winner of

all of the retailers who is biggest winner this holiday season. >> your favorite amazon online and with -- jill our head of research reporting record amounts of toy displays in amazon owned operating whole food stores to fill the gap of toys"r"us fox business news exclusive, and macy's. which has full line of lego and all a of the hasbro and gun toys too so macey 7th largest retailer online and across america macy's -- big surprise winner as well. >> but amazon -- >> amazon clearly -- amazon annual sales growth every two years see qit of what it took target over 100 years to build in total sales. >> astonishing now i have a bone to pick with you and merng, we spent america spent look at that 480 million dollars on pet costumes for one night

halloween. 80 million dollars. but what are you laughing at? you really think that's okay? really that's okay? >> are you the fun police? >> wait a minute do you understand what 480 million -- nearly half a billion on pets their costumes for one night. it is joy. >> fastest growing segment in retail 3.1 million dogs -- puppy and kitties adopted this year. next show for next halloween pet costume for you liz and suzanne are going to bring in reggie and beau, the rescue pets, from sun nick and wife ashley, in their pet costumes. you think this was legitimate? it is very legitimate half billion on -- look i think adopting pets is a wonderful thing. i've got two dogs of my own love them to death but costumes. a half billion a year. do you think maybe our values are a little skewed -- [inaudible conversations] unbelievable. you should have seen everything

from amsterdam avenue to downtown across the los angeles, chicago down to dallas. pet costume because people have been postponing having children buying houses reported well so children are pets or de facto children and more money is spent per pet than per person so -- unbelievable. stuart you know how much time we spend in stores. petco and petsmart both reporting their number one category for october pet costumes. [laughter] >> i love your answer. wonderful. okay -- thank you. do more of these stories in the the future. >> we'll bring rescue pets in so you can see them in their costume. >> you're killing me. you're killing me. bail me out look at the market. we're holding on -- we're up to okay we're up. but just 98 points higher now. we were up about -- only 200 now we're up 88 okay. president trump takes a hardline on the immigrant caravans

they're not coming in he says. no asylum if they throw rocks the military has the right to go after him. democrats say he's anti-immigrant i say that is not accurate. my take, next. . .

stuart: as an immigrant i have a strong interest in the debate over caravans, the border, citizenship. immigration is a big issue in tuesday's elections. point number one, the democrats are conflating legal immigrants, like me and illegal immigrants like the border crossers. that's not right. but you hear it all the time. it is the talking point of the left. the president is anti-immigration. no he is not. that he is trying to stop illegals, as he said yesterday. i'm not anti-immigrant, all for people coming into the country

legally. america takes in over a million legal immigrants a year. america and this president are very welcoming. i can attest to that. it is illegals the president and america wants to keep out. the democrats will not make that distinction. point number two, we still don't know the policy what they reach the border. what will they do? give hem lawyers, let them disappear as so many have done before. hard to get a straight answer from them. they know a caravan invasion would be deeply unpopular. they don't want to defend the open borders crowd. they won't say what they would do to fix the cream they created. they will keep on saying the president is anti-all immigrants, that is divisive. wrong on all counts. the president is president is fixing the problem. he is uniting the country behind legal immigration and i'm with him. the second hour of "varney & company" is about to

begin. ♪ stuart: friday morning half hour into the day, up 112 on the dow. 24,491. bowling, that is a trade sensitive stock -- boeing. there is positive movement on china trade. reportedly so. boeing is up one .25%. big oil companies, chevron, exxon, both reporting better profits. both are up, especially chevron. that is up 4%. how about big techs? the stand out is apple. got a downgrade from bank of america. downgraded to neutral. apple is down 12 bucks. whopping great loss for apple. not a very strong performance by any other big techs either. let's get back to apple. that downside move costs the dow about 90 points because apple is

a dow stock. by the way, it has fallen below the trillion dollar level in market value. our next guest says, what happel need is another trick up its sleeve. vivek wadhwa, harvard law school, carnegie mellon distinguished fellow is with us again. what kind of a trick does it need to pull out of its sleeve? >> if you think about it, the iphone is 12 years old. that is where the majority of apple profits are coming from? what is the next big product? they have a watch, ipad, which are bigger i phones. they haven't had any magic. maybe a self-driving car. maybe, god forbid a new costume, whatever it is they need a new costume here. stuart: they need one. do you know if they're working on something that might be the next big thing? i mean how about artificial intelligence? haven't they bottom something there? >> well if you look at siri, siri is primitive compared to

alexa and compared to google home. i mean siri has been left behind. apple is doing a lot on r&d, doing it the steve jobs way. steve would make sure the product was perfect before they released it. the tech industry releases products all the type, non-stop. it lets them fail and let's them improve once they release them. apple don't do that. they want it right the first time. that is what is stopping them. they have been trying to build self driving cars, project titan. they never released it because they couldn't get it perfect. what does tesla today? they let it out there and people scream it isn't perfect. i have a self driving car. i put it into autopilot the car drove itself most of the way over here. so they need to have something like that, even if it is not perfect. stuart: want to talk to you about google. some employees staged a walkout all around the world yesterday.

they are protesting the way the company handled sexual misconduct allegations. you know silicon valley as well as anyone does. is it a boys club at these big companies? >> stuart i wrote a book, imitating women, the sexism in silicon valley. to far gotten away with murder when it comes to sexism. in other words it has been a boys club. it is a bunch geeks, we had this cult of youth over here. take zuckerberg, wow, he must be smart because he is college drop wrought. college dropouts don't develop basic skills. when you and i went to college we learned what failure is about, we learned about rejection. you hit on many women, you got rejected, ha means you have to show them respect. that is things you have to learn. what you drop out of college, suddenly tech entrepreneur and venture capitalists throwing money at your feet, worshiping you the way they do at silicon

valley. stuart: but they're liberals. >> you don't develop a social conscience that you need. that is the problem in silicon valley. stuart: their public face is liberal lynch. they're nice to everybody. yet their private practice according to you is sexism. i call that gross naked hypocrisy. >> there is a lot of hypocrisy in silicon valley. don't get me started on that. the fact it's a boys club. what happened with google, silicon valley's arab spring. suddenly people rising. women rising rightfully so. i support them by the way. they're rising, protesting, demanding equality, demanding justice. hopefully this is beginning of a trend. believe it google is guy guy. they are a food company and good management. i think they are serious fixing the problem. the rest of silicon valley i wish it was as good as google is. stuart: thank you, vivek wadhwa. drive away on yourself driving

car. get back to the top of the hour, we call them my takes of the democrats conflating legal immigration, and illegal immigration. take a listen. >> from the very first day of his campaign he promised to round up millions of immigrants and kick them out. >> we have a president who is scapegoating immigrants. >> that is not who we are as a country. immigration makes us stronger. >> when he is in the biggest trouble, the biggest dog whistle blows is the immigration dog whistle. stuart: come on in, tammy bruce, fox news contributor. >> hi, there. stuart: am i right they're deliberately conflating legal and illegal, to make it out that the president opposes all immigrants? >> because the supermajority of the american people know immigration is important to this country. we all have the background effectively. they want immigration. we know it makes us stronger. 68% of the american people according to rasmussen last

month said illegal immigration is a serious and very serious problem. stuart: okay. >> that is almost seven out of 10. that means democrats and republicans and independents alike, don't like illegal immigration. it's a serious problem when it comes to issues of crime and employment, all of that but we do like regular immigration. you heard that in the president yesterday. saying we want these people but we want them to do it legally and through our process. stuart: he said i'm not anti-immigration i'm all for people coming into the country legally. >> that is comments being made at din are tables around the country. that is the conversation that will be had at thanksgiving and during christmas and hanukkah, the exact same sentiment. this is why the democrats are in a little bit of trouble. top three issues voters say are most important to them now, immigration, the economy, and health care. at the same level. so you're looking at, this was a, i think it was gallup. that is the latest top three issues important to the voters.

and when you say concerning to them, when you see those numbers they're talking about illegal immigration and what's being done about it. stuart: is the president being divisive by going after illegals, going after the caravan? >> i think he is upsetting liberals. and you notice how in fact -- stuart: is it ethnic? the people in the caravan, coming towards our southern voter are largely hispanic. >> yes. well, you know, and other concern of course is security when it comes to others who are from, other than mexico is our country indicates. bangladesh, of course, middle-eastern country, separate from that, the hispanics here, americans who happen to be of hispanic descent, done it legally, they know what the commit mane is, they know what it is going to take. those individuals who come in here move into the same neighborhoods, affect issue comes to jobs, wages. we know that is wage depressing dynamic, after incredible wage

increase. highest in a decade 3.1% but a majority of americans who are hispanic also understandably are concerned about the lack of rule of law. this is what trump was elected on. it is what hispanics also appreciate. liz: is it racist to secure the northern border? that is what we've been doing? stuart: good question. liz: democrats said the same thing trump has been saying. ted kennedy has said, complained about illegal immigrants. hillary clinton has. barack obama has. joe biden has. bill clinton has. so -- >> their complaints are one thing. the president is acting on it. liz: right. >> looking rhetoric, to try to placate pander to certain people. what is irritating the left, president trump means it, including his plans for the caravan as it gets closer to the border. stuart: just annoyed the hell out of me, you called i racist. if you want something done about

10 million illegals in a country. >> that is a lie. liz: joe biden was racist, hillary clinton was raisist, barack obama was racist. they are tough on the border until they run for the presidency. stuart: president obama in miami today campaigning for andrew gillum. he is the socialist who might actually be the next governor of florida. doug schoen, he is a reasonable democrat. he spends a lot of his time in the sunshine state, florida, who is he going to vote for? gillum? i will certainly ask him. a new study says the more money you make the more fast-food you eat. that is a surprise to me. jon taffer, "bar rescue" guy will tell us all about that. plus the way to fight obesity. become a vegan? that is what dr. mark siegel says. oy. i will let him make his case. later this hour, you are watching the second hour of "varney & company."

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stuart: we're clinging on to a triple-digit gain barely. 25,480 where we are. starbucks that is interesting, near a 17-month high. they have better sales but they are still saying they have a problem getting people into their stores. traffic weak in their stores. nonetheless starbucks is up 11% at 65. weight watchers sales falling short. down 29%. shake shack, burger chain, raised the revenue outlook, but lower same-store sales. that puts kibosh on that. down 13%. have you ever heard that before, kibosh? let's get to florida. president obama will campaign

for senator bill nelson and gubernatorial candidate andrew gillum today. kristina partsinevelos is there. the latest on those races please. reporter: really at the front of the line right now. it spreads all around the block. event is not starting for four hours. it will be a tight race in florida, swing state as we know. we know the polls already with gillum. start with the governor race, since we're talking about that, the "real clear politics" is showing that gillum has a slight lead, just a little bit less than 3% over ron desantis. if we continue on, gillum is younger, mayor of tallahassee, 39 years old, pushing for higher minimum wage, higher corporate taxes, pretty much complete opposite of ron desantis, who has huge supporter from president trump. they will be together on saturday in pensacola. we talked about the senate race here. we're talking about the polls there. look at "real clear politics," a toss-up, very, very tight. we're seeing that number this morning come in just under 2%. that is between governor rick

scott, who spent 50 million, $50 million of his own money on this race. so it is going to be tight. i want to go straight to one of these guests, you're right at the top of the line, sir, tell me with the midterms elections what is the most important issue right now? no for me it is health care. making sure families in the state of florida, including my own are age to have health care even though we have preexisting conditions. we know ron desantis, he is not interested in. that is saying that now, if if e ever became governor that wouldn't be a concern for him. it is republican way. reporter: thank you very much, sir. there you have it, health care being number one reason for the first guest. we'll be here rest of the day, covering the rally and florida elections. stuart: thank you so much, k parts. doug schoen is with us, still a democrat and fox news contributor to boot. >> yes, sir. stuart: you spend a lot of time in florida. >> i do. stuart: you were thinking of

going down there as tax refugee from new york. >> i may have to think that because i think andrew gillum is slight, slight favorite to win. if he gets elected, i think one thing we know is certain, that taxes will go up on wealthy and those of us who are part-timers. stuart: i don't understand what's wrong with florida? rick scott was a fine governor. >> right. stuart: the economy of florida is doing very well. it is a boom state. he is two points behind the other guy, the democrat. and andrew gillum is leading. what's wrong with florida? what is wrong with its economy. >> i don't think anything is wrong with florida. there are real polarization in the electorate, florida, nationally. the president's own numbers in florida are below 50%. midterm elections are frequently in large measure referendum on the president. stuart: andrew gillum has a radical program of spending money. >> right. stuart: free college. i think he -- medicare. >> medicare for all, sure.

stuart: $15, minimum wage. >> yes, sir. stuart: is there free money? >> seems like it. what he is not talking about how he will pay for it. as we just heard, with that interview and others, a lot of people will find it attractive. desantis has not really been able to transition from a very successful pro-trump primary candidate to having a broader message for the broader electorate. stuart: okay. i have to ask you, i don't know where you're registered to vote. i figure new york city. >> i am still, yes. stuart: just suppose you were transferred and you were a registered to vote in florida. >> that's easy. stuart: would you vote for gillum. >> i would write in varney. stuart: stop it. >> i would. stuart: would you vote for gillum? >> i would not be able to vote for desantis or for gillum. i think a lot of us in the middle, stuart, really have trouble with two ex-tremendous candidates who represent less than consensus view. stuart: rick scott, versus his

opponent? >> probably as democrat would vote for bill nelson. >> you would vote for bill nelson? >> i would, yes. stuart: stay in new york, go to florida, which is it? >> as it gets colder i will head south. i hope you have me on. stuart: permanently or not. >> with gillum, i don't know. stuart: spend guaranteed six months in florida. >> exactly. you got it. stuart: join the club, son. thanks very much, doug. >> thank you. stuart: stay with fox business for your election coverage. it starts 7:00 p.m. tuesday. i'm going to be there. we'll be all there, all of us will be there. fox business, on election night. check that big board, back to a triple digit lead. up 113 as we speak. more "varney" after this. ♪ we started making wine

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stuart: will you look at the price of oil? all the way down to $63 a barrel as of today. i have to believe the price of gasoline is coming down, and yes it is. now we're at $2.78 per gallon. we're dropping about a sent a day as we speak. price of gold is 1237 to be precise. more creature comforts coming for delta air lines. specifically personal power ports for everybody. get this, a bathroom with a view. liz: astonishing. stuart: that is good for you? liz: yes. stuart: big selling point. liz: big selling point. feels like you're at home. here are other creature comforts. bigger over head bins, led

lighting and a bathroom window with a seat two inches wide. stuart: that is delta, right? liz: delta celebrating the 10th anniversary of merger with northwest. stuart: creature comforts. delta stock is up 1.4%. stocks overall are up again today. i want to know what will happen after tuesday's elections. our next guest says, no matter who wins, republicans win the senate and house or democrats win the house, doesn't matter, the markets are going up says our guest. we find this headline interesting. more money you make, the more fast-food you eat. i really want to know why. jon taffer, "bar rescue" guy, with me next. ♪

♪ stuart: now, that is new to us, isn't it? i don't think we've played that one before. say the word, i think it is. the i like it. first time we heard it on the program. liz: are you happy? stuart: delighted. susan: lovely. stuart: i'm afraid however we lost almost all of the rally. came out strong an hour ago. we were up well over 100 points. now we're up just 24. we're losing even that. we're at 25,400. big tech names. earlier they were mostly lower. they still are. facebook at 151. amazon up six bucks, to the 1600 level. apple is down $14. well over 6%. big drop for apple. alphabet down. microsoft up nine cents, that's

it. mostly lower for the big techs. better sales at alibaba but they lowered the forecast for the year. you do that and the stock goes down. alibaba is down 1 1/2%. kraft heinz sales are hurt by rising costs and costs of promotions. kraft heinz down 7%. stay on the markets. john lynch. lpl chief investment strategist. looks like we have a november rebound. will it hold for the whole month? >> stuart, good morning. thank you for having me on. we had a nice day, tuesday, wednesday and thursday, rather, looks like we're giving up some of the gains. we have seasonal trends behind us. first quarter second quarter, third quarter, tend to be the three strongest quarters of the 16 quarter presidential cycle. we have a tailwind. people are concerned about

tuesday and tech revenue growth. we need investors need to focus on solid gdp growth domestically. 3% globally. and profit growth. stuart: nail this down, item by item? are we getting a rebound in november? >> i think we will get a rebound in november. stuart: okay. >> you look what's happened over the last four or five months. the administration decided not to fight a multifront trade war. we saw gains of seven or 8% in the market. s&p 500 in the third quarter, up fortunately as concerns over trade escalated, among other things with interest rates we lost that gain in the month of october. so we get clarity on the election. get clarity on third quarter earnings. guidance for 2019 has been very strong. and our view is, immediate expensing and tax tailwinds will still be supportive of economic growth, at least 2 1/2, if not 2 and 3/4% next year. stuart: do we go up or down on the market if the democrats

retake the house? >> if the democrats retake the house i think that is largely baked in. that has been the consensus all along. over the last couple of weeks the republicans kind of narrowed in the polling at least, the gap narrowed in the polling but i think investors are still expecting a democratic house. as you know gridlock tends to be good for the market. investors tend to, we were, too many investors were too concerned leading into this midterm election we believe. ultimately, we think that you're going to continue to see the tax cuts persist. there may be some pressure on the corporate tax cut as they engage in a budget battle for fiscal 20. so that will occur probably next summer. you may get some back and forth there. stuart: we'll be looking for it, john. thank you very much indeed. i regret we did lose the modest

rally. we're dead flat. >> all over, huh? >> not quite. not quite. john, thanks for joining us. see you again soon. thank you, sir. i find this fascinating a report from the centers for disease control. they say the more money people make, the more fast-food they eat. doesn't sound right to me. come in, "bar rescue" host, jon taffer. doesn't sound right to me. can you explain it? >> well it is interesting, stuart, people that make about $32,000 a year eat fast-food at a rate 32% higher than normal on daily basis. that is a lot of fast-food but yet people who make about 113,000 a year are 10% higher at 42%. so they're eating a third more fast-food at 113,000 a year income than they are at 32,000 a year income. but i don't think it is the money, stuart. stuart: right. >> if it was the money you would be eating fast-food every five minutes. stuart: no. >> it is simple formula people

who make more money, often work longer hours, more after hurry, get shorter lunch breaks, eat on the go. stuart: yes. >> fast-food is more accessible to them, cheaper, easier to get. the time factor plays a lot into this. stuart: if i got the money i want the convenience. i'm buying the convenience, i can afford it, that explains the report? >> you're in a hurry often, exactly, exactly. busy lives. you got to talk to me about starbucks, they did report strong sales. they say they're having trouble getting new customers. i think that's because the line is slow, and i don't want to wait, even two minutes for a 4-dollar cup of coffee. what say you? >> when you go up to drive-in windows at restaurant chains like mcdonald's, you notice a red digital timer next to the window. if they know more than four or five cars in the line, you will drive by, stuart, you will not wait. the same is true with starbucks.

they need to follow a fast-food window mentality. put a stop clock there. they need to move a customer every eight or 10 seconds. if they don't, that line gets backed up, you're right, stuart you walk in the store, you turn around and walk out. stuart: but if you order coffee in advance on an app, starbucks app, ready for you immediately. unfortunately people don't order on the app, they have to stand in line and it really annoys them. that is part of the problem too. >> it is tsa of starbucks. stuart: the line, i hate it. now, we're told that there is, obviously a labor shortage. it is tough to attract labor but i don't think that applies to bars and restaurants because you guys earn tips. so it is not a question of minimum wage. it is a question of how much money can i make in tips. that attracts them, right? >> it does. revenues are up as you know in

the restaurant sector. traffic is up. we're entering the holiday season. it is worth another 20 or 30% income to tip restaurant employees. there is something interesting going on, stuart, in august, last year there were 898,000 openings in accomodations and food service. 146,000 more openings than last year. so companies are fighting for employees now. and mcdonald's, implemented an interesting program. it is called, where you want to be. what they were doing, they're assembling apps, all of these counseling services for their employees to help them with their next job. so there is career counseling and academic counseling. they also tripled their tuition contributions and shortened the amount of time that employees have to work to qualify. so, i got to tell you, the hiring market is getting really competitive. they're calling it the war for talent. stuart: the war for talent. that's appropriate because in a tight labor market you have got

to compete to get people and to keep them as well. by the way, i have to tell you, john, that when i walk into a nice restaurant in new york city, i often don't get a very good table because i've got a british accent. the guy thinks, maitre d' thinks they don't tip, englishmen don't tip, you don't have a british accent, you know what i'm talking about? >> i do. down in florida a lot of european gratuity, the it is built into the check a lot of europeans come here, so they don't tip. your accent, i don't want you at my station. put you in the corner. stuart: happens all the time. they watch cnn as well. that is another story. >> why you should go to fast-food. stuart: exactly. exactly. thank you, jon, see you soon. watch you on "bar rescue." thankthank you, jon. a retail revival story for you. five below, that is a store

geared for teenagers, everything costs five dollars or less. they will open the first store in manhattan. liz: this is on fifth avenue. this is astonishing, i hate that word. stuart: this is a big deal. liz: on fifth avenue. they quadrupled locations to 750 by the end of the year. why? they're bright, light, white paint, they're colorful. they are crowded. they have got egg, is $5 or below. beach chairs, clothes, bluetooth headphones, backpacks. they're taking on target. what is funny about this store, you walk up to it, 50% off signs in the window even though everything is $5. look at parking lots. dollar stores, you see mercedes-benzs, bmws in the the parking lot. >> they are cheaper than amazon. did a study of 68 items, it is

50% cheaper some occasions than amazon. stuart: if it is $5 or less, they are amazon proof. >> they don't have internet sales. stuart: my kind of stores, you can get a beach chair for five bucks? susan: spalding basketball for 5-dollar or less. stuart: spalding basketball, $5 or less? >> this goes after target, it is cheap. >> the front of the story is a big candy store. stuart: my kind of place. fifth avenue is only go blocks. i'm there. four days to the midterms and i'm struck what is happening in florida. far left democrat could be the next governor. next hour, i will talk to the florida gop chair on what is going on in florida? this election, i think about two things, the economy and immigration. the democrats have no plan when it comes to either. i will see if mike huckabee will take me on. i don't think he will.

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more than 190,000 households didn't go to work for a week because of weather. that is one of the highest we've seen on weather. we really don't know what the hurricane effect is but it is astonishing to get 250 with a hurricane happening. almost unheard of. the details too, you mentioned it was across the board strong. we had lots of job growth in all of the industries. there wasn't a single data point in the industry that went down. talk about broad spread growth. ♪ alerts -- wouldn't you like one from the market when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today.

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and when you travel, your plan will go with you - anywhere in the country. whew! call or go online and find out more. stuart: now we lost the rally actually. we were up about 140, 150 points i believe. now we're down 50. i got to tell you though, that apple, which is a dow stock, apple is way down after it was taken off 100 points off the dow. if it wasn't for apple, we would be marginally in the plus column. we're down 67. president trump getting tough with the migrant caravans, really tough. watch this. roll tape. >> they're throwing rocks viciously, violently, saw that three days ago, hurting military. we'll not put up with that. they want to throw rocks at our

military, they fight back. consider it a rifle. when they throw rocks at mexico military police, i said considered it a rifle. stuart: mike huckabee, former governor of arkansas. mike, that is pretty strong stuff. they throw rocks, we'll fight back. a little provocative, wouldn't you say? >> yeah, i think that is an understatement, stu. the fact is, military is not going to start shooting people who throw rocks. i mean, the implications of that is simply unacceptable. nobody is going to support that. on one hand you have to protect the borders. that is why the military has to get there, put up whatever they have to put up in the way of barriers and hold back this onslaught of thousands of people, who think that they can just walk right in without any type of system. but we're not going to pull rifles. i'm not sure there is a military person out there that would open fire on a group of people.

i just for throwing rocks. i can't think, that is not going to happen. stuart: the president made immigration, the border, the caravans, almost the main focal point of his campaign. that surprises me, because we've got a rip-roaring economy. we receive terrific news on the economy today. i don't understand why immigration is front and center for the president and the economy is on the backburner almost? >> well, i think he is ought to talk about both because the economy is something really to celebrate. i don't care what a person's politics are, you can be the most ardent democrat in the world. unless you're a far left-wing lunatic you have to appreciate the fact that we just had a jobs report today, 250,000 new jobs, we have the 12 records set by this president since he took office in terms of various economic indicators. wages are up over 3%. lowest unemployment among blacks and hispanics, women all-time

high, employment. i me there is some factors that are really worth celebrating. but i think he can talk about those things, the jobs and all of that, and still say, but we're not going to allow america to be overrun by people who refuse to acknowledge and honor our laws. we don't let american citizens ignore our laws. we sure as heck aren't going to let people from another country just ignore our laws, thumb their nose at us, burn our flag, spit in our face, somehow we're supposed to welcome them and pay for their arrival. i think he can say both things. stuart: what really got to me was the way democrats are conflating illegal immigrants and legal immigrants. they just say the president hates immigrants or dislikes all all immigration. that is so not true and so misleading i think it is grossly unfair. >> it is incredibly unfair. i think the president and entire republican party needs to push back. we do appreciate, we welcome

people who emigrate here. it has made america great without question. we have had a few folks like stuart varney who came in that maybe we shouldn't have allowed. for the most part it has been a wonderful part of making america a great country. even when we hear the democrats talk about ellis island with sentimentality, they forget ellis island was not a place where peep walked through unrestricted they went in, many of them, many were turned back, deported immediately because of disease, lack of sponsorship, lack of job, lack of any visible means of support. so this notion that we once were a nation just said there are no borders is nonsense. we've always protected our borders. but we've always welcomed people who wanted to come here and be americans. what we haven't welcomed people who want to come here, destroy the country, burn its flag, show contempt for our constitution. we have no room for that. we shouldn't have. stuart: right. 20 seconds, are you prepared to

call the house vote goes to the democrats or keeps republican, which is it? >> you know, i predicted that the president would win in 2016. everybody thought i was nuts. i'm going out on a limb be. i think republicans will narrowly keep the house. i think reminiscent of two years ago. people don't tell pollsters what they are going to do for the simple reason, they don't want to be called racist homophobe, bigot, misogynist, whatever the latest term the democrats throw. stuart: we don't want to look like deplorables. that is what you're saying? >> no, we don't. stuart: governor, thanks for joining us. always good stuff. >> thanks, stu. >> now this, dr. siegel says the way to fight obesity is to eat more plants, be a vegan. i will give him the time to make his case. vegan marc, here he comes. ♪

stuart: we're down 45 points on the dow. apple is a big drag. apple is a dow stock. if it wasn't for apple, we would be up about 60 points but we're not. we're down 40. look at this headline, world

vegan day. how turning to plants can lower the rising u.s. obesity rate. who do you think wrote that? dr. marc siegel. he works for fox news, appears with us occasionally. >> occasionally. stuart: very occasionally. no, frequently. what's this, you have to be a vegan to lower your weight and live longer? >> not exactly. being vegan, no animal products whatsoever, or vegetarian where you doesn't ate meat, poultry or fish, and there are 1million vegetarians in the united states, have lower weight, better for heart rate, lower the cholesterol and leaves you to a better lifestyle, you don't drink as much alcohol, not as likely to smoke, more likely to be married which also leads to longer life, healthier life apparently. stuart: your prescription for a healthy america is very begannism, all vegetarians?

>> not exactly. here is my prescription, the british, i don't mean you, you're an american, british decreased meat intake 1/3 over the past five years according to a recent study. stuart: you're kidding? >> americans are slower. we're down 1/3 since 1970s. eat less meat. liz doesn't eat red meat. i am completely agreeing with her. hard to digest. leads to more inflammation in your body. leads to more risk of colon cancer. fish we like. more plants and fruits and vegetables, more nuts you eat the better. stuart: are you vegetarian or vegan? >> absolutely not. stuart: physician, heal thigh self. >> i'm ating much less meat today than i used to thanks to my wife makes great vegetables and salads. stuart: you would be happy if americans decrease the amount of meat, we would all be healthier, right? >> yes. talk about obesity again.

stuart, 85% higher health care costs if you're obese. 100 million americans are obese. that is a disgrace. if we switched to more plant food, i know you have, by the way. look how trim you are. stuart: yeah, yeah. >> we mentioned we cannot make fun of veganism on this show, someone in great britain got fired on world vegan day. stuart: a journalist made fun of vegans. >> death to vegans. he got fired that. >> is extreme. i wouldn't say that. >> i'm applauding it. hard for people to keep to it long term. hard for people to stay vegetarian long term. decreasing amount of meat, poultry is very good. good for your health. stuart: you have decreased your meat intake? >> my dietician, mainly my wife insisted on it. she is correct. susan: do as i say, not as i do, dr. siegel. >> what about you, you're pro-meat, right? >> i do eat meat. i eat fish, chicken, i eat red meat. i like the collagen.

i need nutrients and protein. >> you can get it from plants. >> too much work. liz: do you have a beef with that? stuart: go to the vegan section. got it. cautionary tale, if democrats take the house. maxine waters will chair the financial services committee. she is going after the banks. more on that. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. no hidden fees. no platform fees. no trade minimums. and yes, it's all at one low price. td ameritrade. ♪ so, let's talk about conference calls. there's always a certain amount of fumbling. a lot of times it doesn't work. we have problems. comcast business goes beyond fast.

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second batch of sanctions against iran. a couple headlines for you here, stuart. the second batch was supposed to target oil and banking. those two sectors. we just got off a call with the secretary of state mike pompeo, the treasury secretary steve mnuchin as well. they say eight waivers will be granted to jurisdictions that will still allow them to buy oil from iran. a couple countries likely to include india, japan and south korea. note that it was jurisdictions and not necessarily countries. the secretary of state mike pompeo did say the eu, european union, would not be one of those jurisdictions. we will get the full list come monday. as for banking, the treasury secretary steve mnuchin saying we will get that list as well on monday as to which banks will bear the brunt of the latest batch of sanctions against iran. stuart? stuart: blake burman, thanks very much. now this. if the democrats win control of

the house, representative maxine waters will chair the financial services committee. she wants the power that that committee would give her. looks like she's out for revenge. watch this. >> i will be the first african-american, the first woman to chair the powerful financial services committee. that's all of wall street. that's all the banks. what am i going to do to you? what i'm going to do to you is fir. i'm going to do to you what you did to us. stuart: that sounds ominous. it's been ten years since the financial crisis, ten years of intense regulation of the entire financial industry. evidently, ms. waters has neither forgiven nor forgotten. it's worth remembering that a california bank of which her husband was a stockholder and former director, got $12 million in the bailout. ms. waters is going to give back what they did to us.

the point is, to the democrats, this election is all about hating and impeaching trump. they want to use that emotion to get their hands on the levers of power again. ms. waters would bash the banks and bash wall street. gerald nadler, who would chair the judiciary committee, would launch investigations, pushing towards impeachment. elijah cummings would run the oversight committee. that is subpoena central. he would investigate everything from voter suppression to environmental deregulation. a democrat win in the house would give power to a whole new raft of committee chairs. none of them support any trump policy, and all of them would move heaven and earth to ruin mr. trump's 2020 campaign. so here's the question. is america prepared to go with trump hatred if the result is an even worse political climate? i know where i stand. i don't want to bash the banks. i don't want to hear about impeachment. i don't want to roll back deregulation and i don't want tax increases. i want mr. trump's next two

years to be as productive as the first. let's get right to charles payne, host of "making money." charles, are you ready for maxine waters? charles: no, i'm not but i got to tell you something. it will be ugly. i'm telling you, it's going to be really -- you know, the community reinvestment act is the kind of thing she's going to talk about, bringing back on steroids no accountability for borrowers on an array of products and services, forcing banks to make high risk loans they may not want to make. good news is they will get a toaster. that was a joke. stuart: i got it. but you know, i will say, i think the better point here is, all the names that you read off, they have no policies. it's not just that they have anti-trump. they have no policies other than get revenge, get even. there's nothing in there about growth, there's nothing in there about helping all americans. it's always about justice. they are running a social justice -- they are going to rewrite the wrongs of yesteryear whether they were ten years ago

or 100 years ago. stuart: john lonski is also with us. what do you make of maxine waters if she becomes chair of the house financial services committee? what happens? >> i think this could be risky for the democratic party as far as their chances in 2020 are concerned. let's face it, the average american is really not all that angry at business or banks anymore. the centrist voter could be put off by a democratic party that keeps on attacking the banking system all over again, goes after trump instead of focusing on this country's future, instead of focusing on economic growth. stuart: okay. earlier this morning we got the big jobs report and it was a big number. 250,000 new jobs created last month. now, i restrain myself from calling it a blowout. i simply say it was very strong. what's your characterization? >> very strong is a good characterization. everything we want to see in a jobs report was there. better than expected number, 250,000. an increase in participation rate. an increase in the labor rate.

an increase in wages. i have been combing through looking at individual sectors and groups of people, just phenomenal news that goes along with this wage number that we also learned early in the second quarter. the jobs numbers are so good, wages went up 3.6% for retail in the last quarter, 3.8% for leisure, 4.3% for transportation, where all the jobs are growing, 24,000 in this quarter, because that's where all the amazon jobs are. they are making more money and these are people that, you know, wouldn't be making this kind of money otherwise. stuart: john lonski, rip-roaring economy? >> solid economy, solid jobs report, and i don't think this jobs report necessarily promises us a much faster rate of price inflation. sure, wages were up over 3% year over year. that's the fastest growth in a long time. but let's not forget that we had a decline by oil prices, we have had weakness with industrial metals prices, and this is telling me that the world economy's lost some steam. these are again, outside the

united states, that leaves us with some slack and that will help the price growth. stuart: what about rate increases from the federal reserve? >> that's the problem today. that's the problem today, because i think the market has looked at this report, they have come to the conclusion the fed will keep on hiking interest rates and they are worried about that going forward. charles: the market had two big things to deal with today. positive news on the chinese/u.s. trade war and the possibility of the fed taking action. right now they are saying they are more afraid of the fed taking action. that's why we are down. but this is an amazing report for main street. also a report from wall street's perspective because they might realize a federal reserve who already said they don't know where neutral is, that scared the heck out of everyone. stuart: thanks very much to john and to charles. don't forget "making money" with mr. payne, weekdays at 2:00 p.m. on the fox business network. now this. shoppers are ditching bricks and mortar stores this holiday season. online spending is set to rise

nearly 15%, according to adobe. they measure purchases from 80 of the top 100 u.s. retailers. this year, online sales will benefit from an extra week between cyber-monday and christmas. amazon should be the big winner there. now this one, too. president trump is getting set for the migrant caravans, says he's not letting them in and if they throw rocks at the soldiers, they'll fire back. provocative stuff. also a group that's helping people with criminal records start their own business. how do you do that? four days until the midterms. the trump campaign tour continues. today, he will hold rallies in indiana and west virginia. first, we will look at florida. florida's gop chair thinks there will actually be a red wave. wishful thinking? i don't know. he's next. what if numbers tell only half the story?

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stuart: ford and vw may be teaming up to make a driverless car. they are just in talks at the moment. they say they want to stay ahead of competitors like tesla and waymo. a deal could be announced in a couple of weeks. both stocks slightly higher. now the florida governor's race. andrew gillum versus ron desantis. gillum is leading in the polls. hard to believe that. the man's a socialist. joining us on the phone now is florida gop chair. you were supposed to be in the studio but i understand you had a flat tire and are on the side of the highway on the phone. thanks very much for joining us. explain to us, please, why this race is close and why a socialist is in the lead to be the governor of florida. what's going on? >> well, it's great to be with you. look, i don't think that gillum is actually in the lead right now because i think a lot of pollsters have it wrong and they're not modeling the turnout correctly right now.

they are way oversampling and what they are not seeing is huge turnout for the republicans right now. yes, democrats are having historic turnout but republicans are outperforming even the democrats right now. what i'm expecting is huge massive turnouts on election day that will overtake the democrats and we will have governor desantis on wednesday morning. stuart: would you say the same thing about the bill nelson versus rick scott, the senate race there? right now, rick scott, the republican, he's two points behind bill nelson. what happened? >> it's the same dynamic. it's the same dynamic. what's going to bring both of them across the line is just a huge republican turnout across the state, and the percentage of the overall electorate. we are probably not going to see maybe more nthan 19.5% because this is a very highly partisan election. the more republicans turning out are going to bode well for the

republicans. stuart: so to you, it's a skewed poll that's messing things up. that's right? >> oh, yeah. yeah. all you have to do is look at the cnn poll that came out right before the cnn debate they had, gillum up 12 points, then a couple weeks later, it's now tied. because they changed some of their methodology. the bottom line is, we don't want to turn florida into california and that's what gillum is running on with massive tax increases, turning it into a sanctuary city. stuart: thank you for joining us on the phone today. i know you're having a hard time on the side of the highway there. thank you very much for doing this. we appreciate it. >> thank you. any time. stuart: come on in, fred barnes, weekly standard executive editor. same question. what the devil's going on in florida? now, blaise says it's skewed in the polls, methodology of the polls. you on board with that one? these races, they're strangely close. >> of course they are.

florida is a closely contested state. but one thing that's happening for sure is that republican turnout is surging. it's a lot bigger than we thought. there was going to be a blue wave and now there seems to be a red wave as well which i think will hurt the democrat in running for governor and ron desantis, which has gotten a lot of attention, particularly after he was endorsed by president trump, won the primary easily and he's had to come from a ways behind but that happens. stuart: do you think it's a bit like 2016, the pollsters mostly got it wrong, didn't understand that some people didn't want to show up in a poll supporting president trump? is it a repeat performance of '16? >> well, i don't know about that. but the pollsters are not perfect, you know. a lot of it, a lot of people do not want to talk to the pollsters.

there was one recently where it took tens of thousands of phone calls just to get 800 people for a poll. people don't want to talk to them. so it's difficult for them to get it right anyway and even harder now. stuart: the consensus at the moment, if there is such a thing, is that the republicans increase their majority in the senate, but they narrowly lose the house. you go along with that? >> that sounds pretty good. but you know, republicans could lose 15, 20 seats in the house, if they lose five more or so, then they lose the house. but they're going to hold on to the senate, i think, fairly easily, win three or four seats, and you'll have exactly what barack obama faced for four years. remember, republicans won the house in 2010 and the senate in

2014. so i think it looks much better for republicans than it did a few months ago, particularly much better than it did for republicans a year ago. stuart: that's for sure. you know, fred, we're not used to seeing you in a comfortable sweater, no tie. are you moving into the bureau for the weekend before the election? is that what's going on? >> i was giving a speech in town to a group from chile and i was driving home, and here i am. i'm glad to be here. stuart: thank you very much for doing this, fred. we are really obliged to you. thank you, sir. see you real soon and that's a promise. >> very good. very good. stuart: four days to the midterms and president trump continues that campaign blitz. it's a blitz and a half. today he's in indiana for mike braun and then -- and also west virginia for patrick morrisey. tomorrow he goes to montana and then in florida again for rick scott and ron desantis. on sunday, he's in georgia for

brian kemp, tennessee for marsha blackburn and he wraps it up monday in ohio, indiana again and missouri. i don't know where he gets the energy but he's still got it. look at the stock market. we are down 89 points but look also at apple. apple is way down today. it's off 6.5%. apple is a dow stock and that loss accounts for about 100 points down on the dow. if it wasn't for apple we would be just about break even. how about starbucks? sales strong. they say they're having trouble getting people into the stores. nonetheless, the stock is up by a very solid 9% on starbucks. big day for big oil. higher profit at exxonmobil. that stock is up, not much, about .8%. same story as chevron. that stock is up very nicely, thank you, 3.5%. now, one company that we cover very frequently is offering free college to its top

performers. they want to improve their relationship with employees. we are going to tell you which company we are talking about in a moment. and when it comes to jobs, job growth, that is, there are some cities that are outpacing the rest. next, we will tell you the hottest job markets in america. just take a guess. your company is constantly evolving. and the decisions you make have far reaching implications. the right relationship with a corporate bank who understands your industry and your world can help you make well informed choices and stay ahead of opportunities. pnc brings you the resources of one of the nation's largest banks,

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stuart: uber's going to start rewarding high performing drivers. those employees will get better pay, free college tuition. uber wants to improve their relationship with those high performing drivers and stop them going to the competition. other perks of the program include cash back on gas, discounts on vehicle maintenance and free 24/7 roadside assistance. before the break, we asked you which are the hottest job markets in america. number one, lake charles, louisiana. that's the top one. a new study ranked the top city in each state for growth and i will run out the top five. red mond, oregon. elkhart, indiana, i bet that's a surprise.

you were thinking san francisco, maybe? take a look inside delta's new airbus. here we go. individual power outlets at every seat, bigger overhead bins, extra large windows and what's maybe the most unusual new feature, a bathroom with a window. yes, a bathroom with a view. how about that. can't wait, can you, liz? delta is the first airline in america with this new plane which hits the tarmac in january. got it. it's being called a slow-moving disaster in california. will you look at that? small bubbling pool of mud started near the san andreas fault. experts say it's similar to a moving sinkhole. the concern is it's speeding up. now it's approaching railroad tracks and major roads. it's a mud pool that apparently stinks of rotten eggs. it's releasing water and carbon dioxide. the situation has been declared an emergency. no surprise. two big stories we're following this friday. the countdown to the midterms.

the president continues his barnstorming blitz. and the market is now close to the low of the day. apple is the big drag on the dow. we are covering politics and money. that's what we do. more "varney" in a moment. cal: we saved our money and now, we get to spend it - our way.

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stuart: we're down 100 and there are more losing issues among the dow 30 than there are winners. we are down 114, 25,262. that's a loss of about a half a percent. we have got a bigger loss on the s&p 500 which is down .7%. i think we've got an even bigger loss on the nasdaq which is down 1.25%. why is the nasdaq down so much? just look at apple, please. it's dragging the whole market lower, including the dow and the nasdaq, and it's down 15 bucks, 6.8%. way down. we need more on this. jeremy owens is with us, market watcher now. look, record revenue, record profits. so what's the big problem for apple? >> well, their forecast says they expect to grow less than 5% in the holiday quarter from the previous holiday quarter.

you are looking at that record revenue that you mentioned. that was 20% plus growth, i believe. so now you're saying essentially you will drop from 20% plus to less than 5%. that's going to kind of worry people. there are good reasons for that. especially with the expensive iphones going on sale last quarter while they went on sale in q1 and last year, but it just doesn't look good. and people, it's below what analysts are expecting and people are skittish with the chip companies and everybody else who is disappointed in this season. everybody is skittish about tech. you see that. stuart: for what it's worth, i think it's going to be a terrific fourth quarter overall. very strong economy, very strong sales for the holiday period. if i've got some spare cash, i would be buying apple at $207 a share. do you have any comment? >> well, i mean, they are projecting record revenue. i can't say that enough. they said their projection is

fully above last holiday quarter. so it's just below expectations. it doesn't mean that there's a slowdown in the economy. this is something i was saying on twitter last night. you can't take this and say oh, the economy's slowing down because they're still growing. amazon was the same way. combined they say they will make $155 billion plus in the next three months. that's insane to me that people think that's bad. stuart: you are right there in silicon valley. what about the google employees who walked off the job yesterday, protesting sexual harassment and discrimination scandals? these companies, google especially, puts on a very liberal face to the world and yet, they are a boys' club doing this with sexual harassment. i call them hypocrites. what say you? >> i think that's pretty much what their employees were calling them yesterday, too. they did allow their employees to go out. they supported the protest. but i think they need to hear what's being said and it's very

interesting that the employees, as part of their demands, want a seat on the board. an employee representative on the board. this is something i have talked about for a long time. i don't understand why these tech companies, who pay out in stock and say they want their employees to be invested in the company, but won't put them on the board. i think that's an excellent idea. take some of these and put them on the board and let them see what's going on and have a voice in really the way the company is going. stuart: do you think they will do that? >> i don't know. if they do it will be fascinating. this is actually something that happens in europe a good deal where they have a union representative on the board. if google does it and we can see that kind of spread, i would be fascinated by that. i think it's an excellent idea, to bring the employees more into how the company is going. stuart: got it. jeremy, thanks very much for joining us. see you again real soon. i want to get back to the jobs report. my characterization was that 250,000 new jobs is a very strong report. paul conway is with us, former labor department chief of staff. how would you characterize

250,000 new jobs? >> i think it's a strong report and this is exactly where we want to be. this is policy taking root and that's why it's fundamentally important that when you take a look at elections, elections matter but most importantly, policy and policy implementation matters. for workers and their families. you are seeing it in this report. stuart: another element of the report was the fastest wage growth that we have seen in a decade. i think up 3.1%, i think it was. so that's another very bright spot, i would have thought. >> it is. it's a great -- look, you need to have the wage pick up in order for people to actually feel like they're invested and part of the economic growth. at 2.1% that's a very solid number. we will take a look at what it looks like in the next quarter. but at this point in time when you take a look at the reagan administration, you had people that were looking at the developments that were happening, but the key question was, am i a part of it. by his re-elect in 1984, they felt fully invested in it. i think you are seeing much closer pickup within individuals of hey, i'm a part of this, i

want to keep it going and we'll see how this plays out next tuesday. stuart: strong economy, full employed economy, wages rising. does that come to an end if the democrats win control of the house? >> i'm concerned about it. look, i'll tell you where i'm really concerned. i'm concerned that you are starting to see the pickup for folks that have been on the sidelines for so long. yet another article yesterday in south carolina about a record number of americans with disabilities in south carolina being hired and this is a story if you look at local headlines across the country, that those folks that are some of the toughest to get employed are being employed. if you come in with a new house under nancy pelosi, and you start taxing things like medical devices and small businesses and all these things, i think you are going to see some withdraw in the economy but i also think the president is going to be set up for re-election because they just can't help themselves. if they try to stifle the economy, they are stifling individual wages and i think they've got a whole other issue coming. but i do think they could have an impact, absolutely. stuart: you've got 7.1 million jobs available. we don't have the workers to

fill all those jobs. do you think it's time for the president to say let's let in some more legal immigrants? >> well, look, i think the history of american immigration policy is that which looks at people who are skilled and trying to balance the interests of the national economy in terms of immigration. so i think you may have that conversation in the coming year, but i'm still convinced, stuart, there are a lot of folks that are working part-time multiple jobs, people who want to aspire and grow in their position, that you can still absorb in the economy. but i think america needs to take a look at its work force and human capital strategy and listen to industry, where there are skill gaps, and take a look at investing at home and reprogramming our folks and giving them the skills they need in balance as you look at immigration policy. stuart: paul conway, thanks for joining us. see you again real soon. the market still down about 100 points. by the way, almost all of that drop is accounted for by apple which is a big decliner of the

dow stocks. weight watchers, look at that. sales fell short. the stock is down 27%. dow dupont announced they are buying back $3 billion worth of stock. they went up yesterday on that news. they are down about 1% as of today. president trump on the campaign trail ahead of the midterms. he will hit eight states in four days before the election tuesday. today he's in west virginia and indiana. jeff flock is in indianapolis, the site of today's rally. jeff, big crowds there already? reporter: well, i wouldn't say a big crowd, no, stuart. but this is an event at a high school, southport high school, to support mike braun. here you see fellows carrying a sign over here. i think he's a braun supporter unless i miss my guess there. the president will not only be here today, he will also be coming back again before the midterms and maybe you will see the crowd that's lining up here. i think it's a pretty fair representation. people were here before dawn

this morning, as a matter of fact. there they are. they are trying to stay warm out here. i tell you, we have been doing a lot of these rallies and there are warm climates. well, it's getting cold out here. so folks are still, you know, dressed for it. the president needs to come here, though, because last fox news poll had mike braun, the republican businessman who is challenging joe donnelly, the democrat senator from indiana, down by about seven points. every little bit will help out here. we love trump, i think they say. stuart: my advice to you, if you are ever sort of walking next to a trump rally crowd, make sure they can see the big fox letters right there. you are getting a very good reception with that. reporter: you know, sometimes when i'm in chicago, i sometimes take that mic flag off. but here, the fox sign is

actually not so bad. i feel a little safer here. stuart: looks like you are part of the rally. jeff flock, thanks for joining us. we'll see you again soon. i want to give you the latest on the migrant crisis. a dozen migrants traveling from hon touduras to the u.s. filed class action lawsuit against the trump administration. they claim a violation of their due process under the fifth amendment. nonetheless, the president is doubling down. they are not coming in. roll tape. >> they're throwing rocks, viciously and violently. you saw that three days ago. really hurting the military. we're not going to put up with that. they want to throw rocks at our military, our military fights back. we're going to consider, i told them consider it a rifle. when they throw rocks like they did at the mexico military police, i say consider it a rifle. stuart: well, the president doesn't like the idea of having rocks thrown at our military, our soldiers will fight back, he said, as you just heard it. we will also be joined by two

men who are working with people who have criminal records and help them become entrepreneurs. i want to know how you do that and what kind of businesses do they start?

maria bartiromo had the chance to sit down with barry diller, iac chairman. listen to what he said about trade. roll tape. >> i think one way or the other, it will change. i'm not a proponent of trade wars. their trade processes have to change. if you let an unfetterred trade war actually take place, which is in our control, it will be disastrous for everybody. so they will have to mature their practices because that is inevitable. otherwise, they are going to simply serve their own market and be isolated in the world which is not their desire.

stuart: the migrant caravans marching to america, the president sending troops to the southern border. he's also doubling down on immigration. roll tape. >> these illegal caravans will not be allowed into the united states, and they should turn back now, because they're wasting their time. they should apply to come into our country. we want them to come into our country, very much. we need people to help us.

with all of these companies that are coming in. they want to throw rocks at our military, our military fights back. we are going to consider it, i told them consider it a rifle. when they throw rocks like they did at the mexico military police, i say consider it a rifle. stuart: that is a very hard line indeed. james carofano, heritage foundation, is with us now. it seems to me the president, with that speech yesterday, has put immigration front and center right in front of the election and he's taking an extremely strong stand. is that the right move? >> well, you know, this is a case study in the difference between trumpian rhetoric and trumpian policy. you are absolutely right about the trumpian rhetoric. he's putting three things on the table. one, he's sending a clear message america, i'm going to defend you, i'm going to protect our borders. two, he's actually sending a message to the caravan people, right, he's trying to deter them from even coming here to begin with by saying this will do you no good. third, he's putting a stick in the eye and really trying to anger and inflame his political

critics. that's typical trump. we have to separate that from what the actual policies will be to be implemented on the border. those i think are actually really more or less kind of standard practice. stuart: standard practice. well, look, he said no, nobody comes across and if one person does come across, we are going to build giant tent cities to put them up. is that standard practice? >> well, we have plans on the books. we plan for migrant crises all the time. one of the reasons we created northern command, the command that is over the space is their job is if a bunch of people show up at the border, what do we do with them, particularly if we have to receive them into the country. so we have practices to hold them together so we can then properly process them. so yeah, we plan for this. stuart: are we doing the right thing? >> i think so. i mean, if you ask me, the way we're actually planning on using the military at the border which is completely separate from what the president's rhetoric says,

that to me seems very standard from how it was used under obama and bush and their emergency deployments to the border. also, the kinds of things that the military talks about in their briefings of having them do sound very, very much like the kind of things we do in our normal operational planning. if you are asking me is it the right number, i can't tell that without looking at the plan. are they sending too many to make a big statement, i don't know. but the kinds of things they are doing sound about right. the rhetoric about what happens if people start throwing rocks, look, if there's an army planner who is building a plan for the army where there's a potential that the army guys are standing there with bayonets facing guys, a wall of people throwing rocks, that army planner is an idiot and out to be retired. the kind of scenario the president talked about, i don't think that's likely to happen. stuart: real fast, if in the long term we get merit-based immigrati immigration, end chain migration

and end birthright citizenship, do you think that's the right way to go? >> absolutely. what will happen, one will stop growing the pool of unlawful immigrants and will actually see it begin to contract. there will be people who will self-deploy, go home and try to cam back legally because they see the advantages to that. we will see the population shrink from something like 11, 12, 13 million to something that's maybe just a few million, something that americans would be so small, americans wouldn't notice anymore. we could have done this ten years ago. stuart: yes, we could, indeed. james, thanks for joining us. see you soon. thank you. check stocks, we are down low of the day almost. we are down 150 points as we speak. better sales at alibaba, that's not helping the stock price. maybe concerns about china's consumers, who are indeed spending less. down just a fraction, 25 cents. lukewarm forecast from cbs has taken them down 3%.

kraft heinz sales hurt by rising costs and the costs of promotions. that's a new low for the stock. it's down nearly 10%. how about this for a jobs day story. we are going to be joined by a group that's working to help people with criminal records start their own businesses. one of the men who is with us next actually started his own painting company after his release from prison. that story is next. insurance tht won't replace the full value of your new car? you'd be better off throwing your money right into the harbor. i'm gonna regret that. with liberty mutual new car replacement we'll replace the full value of your car. ♪ liberty. liberty. liberty. liberty ♪ i needthat's whenvice foi remembered that my ex-ex- ex-boyfriend actually went to law school, so i called him. he didn't call me back! if your ex-ex- ex-boyfriend isn't a lawyer, call legalzoom and we'll connect you with an attorney.

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stuart: i love good stories like this. we've got a company which turns inmates into entrepreneurs. they help people with criminal records start their own business. this is unique. joining me, brian hamilton and a.j. ware. brian on my right-hand side, i go to you first. you're the founder of this company. first of all, how do you do it? how do you turn an inmate into an entrepreneur? basic rules. >> i will go the other way. basically when people get out of prison, they have very few choices. they don't get good jobs. we know that. everyone knows that. stuart: sure. >> so our idea is let's turn them into entrepreneurs. they can create their own job. and we teach them how to start low capital businesses. stuart: low capital businesses. >> $1,000, yes.

stuart: not much input to start with. they've got the labor. >> they are entrepreneurs. some have been incarcerated, some not, but all our mentors have actually walked the walk. stuart: a.j. ware, you founded -- >> he's my hero, by the way. i'm going to interrupt you. he's my hero. stuart: a.j. ware, welcome to the program, sir. good to have you with us. did you find him or did he find you? >> i found him. so he had a newspaper article out locally on the program. i was an inmate. i had gotten out, started my own company, but i looked at the name, that's me, so i reached out and started mentoring in 2008. stuart: you had already started your own company. >> i did. stuart: painting business? >> i did. painting. $24 i had in my pocket. stuart: you started with $24? >> $24. stuart: how big are you now? >> i sold it, but when i sold it i had 32 employees. stuart: you sold it? >> i sold it. stuart: you are a rich guy now? >> no. no. no.

stuart: this is your money, come on, admit it, this is your money that finances this? >> indirectly it's my money. that's correct, yeah. i don't dwell on that. i don't dwell on that. stuart: what kind of companies do you open other than -- just give me -- >> like painting businesses, car detailing businesses. everything that we don't like to do. we try to get service businesses where we can get them in about $500 doing stuff that sort of folks like us don't like to do. cutting lawns, that type of thing. stuart: your one business, you were in the painting business, how many businesses have you helped start by inmates? >> i don't keep count but i know it's over 70 that we've done in north carolina. we give them the tools and they go out and they start. >> one stipulation, we have been doing this for 26 years so really, we started in the prisons and we didn't track.

the idea was we would go in and do a seminar in the prisons, about a three or four-hour course, so it's probably a lot more than that. this is where i don't get so modest, by the way, but probably a lot more than that. we know, though, to his point, that the odds are going to be low. we know for sure that entrepreneurs, it's very difficult, you know, not -- it's not for everybody. but we definitely want to give everyone an opportunity. that's the whole thing about america. you know that. we want to make sure everyone gets the opportunity. right now, when people get out of prison, the problem is when they're trying to get a job, a decent job, their application often gets thrown in the garbage because of their background. so we just want to level that playing field. stuart: you started the painting business, you sold it, when you had 32 employees. what are you doing now? >> this. stuart: oh, this. doing this. so did you put some of the money that you had made in the painting business into this? >> absolutely not.

stuart: what are you going to do now? i know you're in this business. would you think of starting another entrepreneurial company? >> i think so. it's hard to stop being an entrepreneur. it's kind of like a disease, you know. stuart: we can all catch it. >> i mean, you got to have, you know, the discipline in order to do that for sure. i think once you get that discipline, then you're always trying to solve problems, always trying to make the world better and things like that. that's what i meant by disease. it's hard to stop. >> can i advertise him real quickly? he was in prison, got out, started a company on his own, very little capital, created jobs, contacted me, started getting involved in our program and now he's co-chair. he's literally gone right around. and that is so inspirational for most of our board. stuart: brian, you really didn't need me to be part of this interview. i'm glad i was. brian, a.j., gentlemen, thank

you very much for joining us. >> great to meet you. thank you so much. stuart: we think you're all right. really good stuff. glad you're on the show. well done, sir. thank you. all right. more after this. . .

stuart: friday feel to the show. what is your favorite story. >> san andreas sinkhole smelling like rotten eggs. stuart: i bought a house in san bruno, california. we loafer look ad lake, we were told it was the crystal lake. it wasn't. it was san andreas lake. it was on top of the fault. we moved. >> fight off obesity, vegan, job numbers 250-k. way better than expected. stuart: it was. i will give you that. >> i like the guy rescuing the

whale with the buoy and rope. >> that was so awesome. stuart: hyperbole. he jumped on the back of a whale. everybody does that, don't think. >> my god. stuart: fortunately my time is up. neil, you want a couple hours? here you go. neil: thank you, dow affect of one stock, on average, otherwise getting respectable treatment but not for that one stock, apple. we'll get into a little bit. stronger than expected jobs data would be normally greeted with open arms and robust applause. this time it got them worried about, you guessed it, that federal reserve will obviously have to hike interest rates. that is a gimme in december. markets adjusted to that interest rates adjusted to that. those pla