1913. ever been there, ash. ashley: i have indeed. it was a balmy 95 when i was there. stuart: a bit like yuma. thanks, ash. remind the viewers don't forget to send in the "friday feedback." email us at varneyviewers@fox.com. we get a lot of entries. add more to the list please. neil, it is yours. neil: stuart, thank you very, very much. keeping an eye on the corner of wall and broad with the dow down 86 points. a lot of things going on today with including with cryptocurrencies including a partnership that might -- after the whole cryptocurrency argument they're here to stay, whether you like the volatile investment or not. we're going to be speaking to the entainment group leader dan beckerman on that, because this particular partnership could be paving the way for others that are now, sort of solidifying the

view that bitcoin and a host of others are getting more street cred. we'll explore that. also exploring jersey mike's, the ceo will be joining us right now what they're trying to do to alleviate hunger during the thanksgiving season. meantime to the white house. now growing questions as to what is going to happen with gas prices. what will they do on oil production, all of this as they're launching a an investigation through the federal trade commission as to the knowing whether it is all rigged. edward lawrence has more. edward. reporter: really interesting and related to all of this in about 15 minutes president joe biden will meet canadian prime minister justin trudeau. he could get an earful from the canadian about the keystone pipeline, canceling that pipeline. it would have been tom trade under usmca between the two countries. the canadians would have seen a bump, the gdp as well as $30 billion in tax revenue. the pipeline would have also added to the oil supply in the

midwest and u.s. now americans are seeing gas prices creep up. aaa is saying the average gallon of gas costs $3.41. that is a 61% increase from a year ago. so representative jodey arrington calls the rise in gas prices to this level a self-inflicted wound. >> he has to own this and any leader worth their salt would but i suspect he won't and listen, the ftc, by the way, is responsible for unfair and deceptive practices. they ought to investigate the president for the false claims and the deception to accuse this industry of something that, that he created. reporter: so the u.s. is still a net exporter of first half of 2021, with 120,000-barrels a day going out. that is less than 1%. in the first half of 2020 for example, the u.s. exported 432,000-barrels of oil a day, four times more. so the supply of oil is falling

as the demand for oil increases, adding to the inflation. >> well, first of all it's real and it's rough. groceries, cost of groceries has gone up. the cost of gas has gone up. this is all happening in the context of two years of a pandemic. neil: that is one of the highest priorities for the president and for me. reporter: these are the things that the biden administration is doing now. none of them are immediate but about the releasing of the strategic petroleum reserve potential, spokesman for. nsc says conversations are ongoing as they consider a wide range of options. administration talking to foreign companies as coordinated effort to release strategic petroleum reserves, specifically china in the call with xi xinping and japan. neil: edward, thank you very much. we're keeping eye on drama on capitol hill. has nothing to do with a

spending package or put that up for a vote but everything to do with the nomination for comptroller of currency. when you hear that, the nomination for the comptroller of currency, tends not to have much controversy but this is different given the president's pick for the job. hillary vaughn has more from capitol hill. reporter: neil, you're normally right a nomination like this would be a snooze fest but would get no issues but biden's nomination for the comptroller of currency, saule omarova is undergoing heated questions with lawmakers who have a lot of concerns what she would do if she were in charge of that, put into that role. some of her past controversial comments that have come under scrutiny, omarova tried to take back, when she said it would be a good thing for climate change if oil and gas companies went bankrupt.

>> poor phrasing i admit that particular statement about oil and gas companies going bankrupt. as i said, that was taken out of context and i actually misspoke. reporter: but this morning she had a hard time saying if high gas prices were bad for americans. >> dr. omarova, do you think higher gas prices are good for america or bad or america, yes or no answer would be fine here. >> senator, that is a tricky question. it is probably bad for america. it is not my expertise. reporter: also republicans called into question omarova's time in the soviet union and whether or not she as described to certain communist views. some democrats are coming to her defense calling republican criticism a vicious smear campaign and brushing off other comments she made about the banking industry. >> senator warren, do you have concerns that dr. omarova said the banking industry is a a-hole

industry. >> she was talking about many of the people who work in that industry. concerns i have about it. i have concerns she is being attacked because she is the one nominee in a very long time who does not tow the line with banks but thinks they should be regulated. reporter: neil, i had a chance to catch chairman sherrod brown on his way into the hearing. he told me doesn't have concerns that she is not going to ultimately get the full support of every democrat on the committee and said that he is also not concerned that seven democratic senators have either voiced concerns privately or even publicly about her nomination but i also talked with senator kevin cramer moments ago who said he made the point that if political philosophy matter, even if it doesn't actually apply to the job that you're doing they could essentially nominate a robot to do the job if your political philosophy is completely

irrelevant. neil. neil: you know, you're quite right hillary, she has said, we want to end the banking industry as we know it. she is on record as saying the goals should be to bankrupt fossil fuel companies. those are her words, not some right-wing fringe group. she has said that, that is what they probably want some clarification in her confirmation, right? >> yeah. that is exactly right and a lot of the questioning from republicans today really was not smear tactics but them just reading her words back to her and ask her for clarification, giving her the opportunity to explain but a lot of times she made the point that she misspoke, that maybe she shouldn't have used that phrasing but it didn't really satisfy certainly republican lawmakers that we talked to just coming out of the hearing that just wrapped up. neil: to your point, one thing to say, speak out of context but, how do you explain those pretty blunt remarks? some explaining to do.

we'll see what happens. hillary vaughn, thank you very, very much. i love it, hillary, you're chasing down senators to get their take. meantime you probably heard that the administration is looking into the possibility that maybe these high rocketing gas and oil prices we've been seeing owe to some rigging going on or cornering of market going on once the federal trade commission to look into it. my thoughts from mike summers, the american petroleum institute, president and ceo. doesn't appear to be that, that's the case right here. do you think this could be a little bit of blame shifting, mike, how would you describe it? >> yeah. sean, neil, i really do appreciate the time to be with you today. of course we are looking closely at this, very concerned about what the president announced yesterday. there have been investigations like this going on, really since world war i. they have never proven any collusion that has led to higher prices. we're really asking the administration to do what they

should be doing, to be encouraging domestic production of oil and natural gas to lower prices. i do think there is quite a bit of irony here, that the president over the course of the last couple weeks has been begging opec to produce more. opec is a price gouging cartel. what they should be doing is encouraging production here in the united states rather than wasting money on these kinds of investigations that are going to prove once again which they have done over the course of the last 100 years, that there is no collusion going on here. this is about americans wanting to produce oil and gas in the united states to lower prices. neil: then you have to, you have to have everyone involved in the collusion. oil now, is a commodity traded in the open markets. so you would have to get everyone in on the fix. i'm not saying that is beyond possible but given what happened, given curtailing fossil fuel production as we know it, you know, and dealing

with shale the way the administration has, that at least it set in motion the potential for, you know, more limited supply in this country. or we wouldn't be begging other countries to make up the difference. >> well, let's think about how this administration began. they started the administration by stopping the keystone xl pipeline. the next day they stopped permitting and leasing on federal lands. and then they stopped production in the anwr, alaskan national wildlife refuge. all the indications we've gotten from the administration they don't want domestic production in the united states and i think most american producers want to continue to produce. they want to produce oil and natural gas here so that we can become an energy independent country. this is a supply an demand issue. supply has gone down because of the pandemic and because of a lack of investment in oil and gas. every indication that we've gotten from this administration is that we should stop producing

in the united states. in fact, just yesterday when there were lease sales in the gulf of mexico that were court ordered because of the ban this administration put into place the administration was poo-pooing those lease sales. so every indication they're given to american producers to produce in the united states has been negative and of course you should expect a response from american producers as a consequence. neil: all right, now, critics of the oil industry could say you're just talking your book but i do want to get your thoughts on the president's choice for comptroller of the currency and she is on record having said not once, not twice, a number of times bankrupting the fossil fuel companies is a worthy goal. now this is someone who would have no purview over your industry but that does seem to be a theme echoed, indeed supported all the way up to the president of the united states

or he wouldn't have risked appointing her to a position that could generate a great deal of controversy. so do you feel this administration has it out for you? >> well, obviously we were very disappointed in those comments by this nominee. who would actually be the ones that are hurt by bankrupting fossil fuel companies in the united states? it would actually be the poorest among us. it would be those that depend on these kinds of resources and their low costs for their livelihood. and that is pretty disappointing for a high level nominee to be talking about increasing costs on american consumers at a time when inflation it is skyrocketing, about what is put forward by this nominee but we have to keep in mind the administration has continually tried to stop production in the united states which is leading to higher prices right now. literally, this is the equivalent of if there were a

food shortage, if the united states were too push on farmers to stop farming and i think all of us would understand that in a crisis like that, we should be encouraging people to produce here at home to provide for the american people, particularly during this time of an energy crisis. neil: real quickly, then, do you think prices would still have gone up given the demand coming out of the pandemic, just not as much? >> well, absolutely. there are supply and demand issues here and of course when we were dealing with the pandemic and oil demand went down of course the supply went down as well but these markets are very well-regulated. they're watched by the ftc now. they're watched by the cftc, many other government regulators. there is no issue here that is not related to just simple supply and demand dynamics coming out of the pandemic, and, policy constraints that have been put into place by the administration over the course of the last few months.

neil: mike summers, thank you very much for joining us. mike is with the american petroleum institute. the president and ceo. one thing that gets lost in the political heat on both sides on this issue how oil is priced in the open markets. the key is in the open markets, people trade on whims, on news developments and while it is quite right to say shutting down the keystone pipeline would be a fractional on supply and traders see on that, actions on part of the administration in this case to de-emphasize fossil fuels, they see that down the road leading to less supply, strong demand. sometimes we look for villains in the process here, often times in the open markets, just as you would on rumors about a stock or developments on the earnings front, to judge whether that stock is worth a certain price, traders have decided that in this environment with growing demand and potentially less

supply, prices are going up. it's nothing sinister. more after this. ♪. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. vi trelegy for copd.e ♪ birds flyin' high ♪ ♪ you know how i feel ♪ (coughing) ♪ breeze driftin' on by ♪

♪ you know how i feel ♪ copd may have gotten you here, but you decide what's next. start a new day with trelegy. ♪ ...feelin' good ♪ no once-daily copd medicine has the power to treat copd in as many ways as trelegy. with three medicines in one inhaler, trelegy helps people breathe easier and improves lung function. it also helps prevent future flare-ups. trelegy won't replace a rescue inhaler for sudden breathing problems. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. take a stand and start a new day with trelegy. ask your doctor about once-daily trelegy. and save at trelegy.com. what's strong with me? what's strong with me? ask your doctor about once-daily trelegy. what's strong with me? what's strong with me? what's strong with me? me?

with me!

every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. (swords clashing) -had enough? -no... arthritis. here. new aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. as someone who resembles someone else, i appreciate that liberty mutual don't thank them too soon. knows everyone's unique. that's why they customize your car insurance, so you only pay for what you need. oh, yeah. that's the spot. only pay for what you need.

♪ liberty, liberty, liberty, liberty ♪ ♪. neil: all right, this is the week we are told, only one more day, that we're going to get a decision on the part who will be running the federal reserve for the next four years. we're hearing now from senator joe manchin he is looking favorably on fed chair jerome powell in that capacity if he is renominated but has not really made up his mind yet. doesn't look like he has commented on the other entry in that race lael brainard, the number two or would be offered at least number two position on the federal reserve potentially as vice-chair or the pick by the president himself to run the whole federal reserve but again the markets really have not really digested the possibility, i don't think at least yet, it might not be jerome powell. maybe the view here that they would react unfavorably, if it

isn't powell, that might be a leap too far. we might know as soon as tomorrow. we might, we might. we'll keep an eye on that. meantime keeping an eye on very, very busy shopper across the board. we're seeing a lot, premier names from kohl's to walmart, tjx, a host of others saying they're looking at strong business right now and they're very confident maybe some full shelves despite all the fears the supply chain disruption will knock out any possibility you find anything remotely in time for christmas. lydia hu is following all of that. reporter: neil, it is quite remarkable we had been hearing about the labor shortages and supply chain issues. we're hearing consumer demand is there and retailers are here to say they're here to match that. some are cashing in. we hear from macy's with their third quarter earnings report. they actually beat expectations on sales and profit. their in-store sales growth has grown more than 35% which is really strong.

they said their strategy was to encourage early holiday shopping and consumers came through, they did that. they had early promotions. also saw tremendous growth in digital sales. that grew by 19% year-over-year. they're also trying to target a younger consumer and they're able to attract more than 4 million new shoppers to the macy's brand. neil: wow. reporter: really important part of all this they say they have the inventory to match that. a little bit of a different story at kohl's. they also beat expectations but they did very well but their inventory is down 25% what they would usually see this time of year. they said actually helping earnings in some ways because more of the inventory they do have is selling. it is not going to the clearance rack. so they're selling higher prices what they do have. kind of a different approach or outlook what they are doing there. this is different from what we've been hearing past couple days, target, tjx, the parent company of tj maxx, walmart home

goods, they're seeing incredible earnings beating expectations. they say they have got the inventory so bring it on. neil: i'm not being jaded about it, but do you think they say that to inties customers come on in we have plenty of what you're looking for, no you don't, you don't have what i'm looking for but to bring the traffic in? >> they're seeing an increase in foot traffic. from what i'm hearing that is helping tremendously. i was at a mall yesterday, they have foot traffic up almost to 2019 levels. it is working to bring people in. people are buying what is available. we're hearing murmurings not everything is in stock but we saw retailers made big investments target, walmart, home depot chartered private container ships. neil: right, right. >> maybe that is what ask really helping them here. neil: i think you mentioned it, i might be getting it wrong, this idea a lot of people go out to try to buy stuff now for fear of whatever they're looking for, a, might not be there or at the

very least not as expensive because ever inflation. it is win-win for retailers? reporter: we'll see how long it lasts. it is the holiday season. spirit excited to be back with each other, want a nice gift in hand. we'll see what happens. neil: that is debatable, by the way. thank you very much. lydia hu following all of that. nicholas, the head of the giant supermarket chain. it is humongous, the big cheese there. let me get your take on something lydia was raising about retailers in general optimistic they will kind of have what you're looking for, the shelves won't be empty. we certainly hope when it comes to food items as much as they have gone up in price. what are you seeing at giant? >> neil, we're seeing return of supply in certain categories but not all the flavors or categories customers are used to. our inventor levels are

recovering in certain spots. we're always excited in the fourth quarter with food centric holidays. we have assumed people will gather again in larger settings. that is why we ordered up. our merchant teams got out to get all the turkey we could find. we did the orders in february or march. we'll sell seven million pounds of turkeys this last week when we run up to it. not to mention 125,000 pies going out. it's a fun time right now. we have everything that you need in order to make a meal. i think all of us in the food industry do. maybe not the flavors, maybe not the exact size but you can definitely have a feast. neil: i'm curious what you're noticing out of customers, people forget in the grocery industry, margins are very, very thin, narrow to say the least. i wonder when your customers see the higher prices let's say for various meats, how do they pivot? what are they doing? seek out cheaper alternative or

something like that but what are they doing these days? >> they're exploring actually. they're looking at adjacent categories and protein. one of reasons seafood has become more popular throughout the whole of the pandemic as families don't go out to restaurants as often. the fear of preparing seafood at home seemingly has gone away. so we leveraged that. we take advantage of it. you see that category continuing to grow. you see expiration in plant-based proteins. that category to growing quite quickly. we have plenty of that as well. on occasion they are splurging. if you're used to going it to get a prime cut of beef you may still want to do that to prepare it at home so we're seeing that as well. neil: all right. keep us posted how things are going. nicholas bertram, giant company president and ceo. we're getting non-business developments here i want to keep you abreast of. there is a rare moment for those tonight in the northeast to

witness a partial lunar eclipse. this will end up being we're told between tonight and tomorrow night one of the most significant developments for moon watchers, eclipse watchers in some 500 years. i covered that one 500 years ago. that was a big deal. what they're saying right now this will be your chance to watch the full frost moon as they like to call it turn red, unique event in of itself. they argue that the partial eclipse that will be visible through much of north america as well, if you get past all the lights and everything else, you might have the opportunity to watch it for a while. it will last more than three hours and 28 minutes t would make it the longest lunar eclipse certainly of the 25th century to some people's math, even astronomers argue this, biggest develop men in 500 years. 500 years ago we were not

worried about the price of turkeyses just putting it out there. more of a this ♪.

ysurn x, lsisieed car inera

raraerty muttylll ysurn x, lsisieed car inera he pay r r ed. woraerty muttylll ysurn x, lsisieed car inera .. he pay r r ed. woraerty muttylll ysurn x, lsisieed car inera are notetethelicoheliheli he pay r r ed. for d. ♪ liberty. liberty. liberty. liberty. ♪ ♪ ♪ 'tis the season to break tradition in a cadillac.

don't just put on a light show—be the light show. make your nights anything but silent. and ride in a sleigh that really slays. because in a cadillac, tradition is yours to define. so visit a cadillac showroom, and start celebrating today. ♪ ♪ (naj) at fisher investments, our clients know we so visit a cadillac showroom, and start celebrating today. have their backs. (other money manager) how do your clients know that? (naj) because as a fiduciary, it's our responsibility to always put clients first. (other money manager) so you do it because you have to? (naj) no, we do it because it's the right thing to do. we help clients enjoy a comfortable retirement. (other money manager) sounds like a big responsibility. (naj) one that we don't take lightly. it's why our fees are structured so we do better when our clients do better. fisher investments is clearly different.

♪. neil: you notice all the stuff that is going on with cryptocurrencies? they're getting sort of their own cachet and street cred if you will. how that affects the price longer term but if you think about it we're seeing big city mayors, future mayors interested in being paid in bitcoin. more countries entertaining it, more businesses looking to accept payments in bitcoin. this one stood out, a cryptocurrency group trying to buy a copy of our constitution. this one lost me completely so susan li, what is this about? susan: i will use a lot of acronyms. stop me if i'm not making sense.

decentralized autonomous organizations. neil: sure. susan: pool of money usually from crypto enthusiasts they use the money to buy assets like nfts or investment companies. it is catching on especially in the crypto community. bitcoin started without a leader. the nobody knows who the founder of bitcoin is. this is cryptocurrency ethos. leaderless group of people trying to get together, pooling money to buy assets they think are cool. recently 5.4 million paid for that snowden nft, non-fungible token, think about crypto rps, four million paid for infamous wu-tang clan album, owned by former bro martin shkreli. neil: right. >> one of copies, one of the original ones from 1787 it is

for sale. neil: who is selling it? >> south by's on behalf after real estate developer who watched did -- neil: not from the national archives stealing it? >> this is not a nicolas cage movie. neil: great movie. details were in a desk but -- >> three sequels for that. neil: sure. >> getting back to this, the constitution dow has 40 million-dollar pooled collectively. can you believe that, $40 million? if they are successful buying the constitution copy this would be the largest purchase for these decentralized organizations. neil: what are they using to buy it? >> ether, one of the cryptocurrencies. it is interesting sotheby's only accepts fiat currencies, meaning government back currencies. they have to exchange the either

ether into u.s. currencies. neil: sotheby's don't want to pass this up this is kind of a wormie way about it. >> they believe dow's could replace government organizations. leaderless, more productive, less bureaucracy. sort of mantra about cryptocurrency, we're talking about community, we're leaderless but pool collective democracy. neil: you lost me in in the firt 10 seconds. >> owe common! i tried. neil: neil: i'm kidding because something, every day, every entt

group big cheese over.

they're involved in this as well, in a different way. very good to have you. you're big in sports live entertainment, about renaming a an arena, why don't you explain? >> we're really excited, thanks for having me back on the program, neil, we're excited about the new partnership with crypto.com. as we look to the future, build on the next 20 years of our arena in downtown los angeles, l.a. live. we were seeking a partner to help us innovate a technology based company, a forward thinking company. this is a great moment for us. we're really excited about it. it is validating for us to solidify our position having two of most important arenas in the world with the crypto.com center. neil: it will be the crypto.com center, what is the full name

going to be. >> on christmas day, there is a picture you see on the screen, crypto.com arena. we'll change out all the signs up until that point. we'll have that completed by middle of next year. neil: why this? what is the importance for you? what is the important for you to lead this move? >> we have a proud relationship for 20 years. this is about creating a experience for the next 20 years. finding a like-minded partner that shares our vision. crypto.com is an incredible company. they built a trusted platform. built on the foundation after regulated biggs based on security and privacy and compliance and that regulation piece is really important to us. we're very like minded with them because we know that's what is needed to build the comfort, the confidence, the trust to drive

the widespread adoption we know they're seeking. we're very bullish on this, why we committed one of our most valuable assets to this for the next to years. neil: that is a big commitment. do you ever worry you're on a hot potato here. it is a volatile investment. couple weeks ago it was flirting with $70,000 a coin, bitcoin i'm talking about, and then again it wasn't too long before that in the mid 30s. i guess what i'm asking you, do you fear that you know, this long-term commitment worst-case scenario it might not be around in 20 years? >> we're bullish on it, bullish on the platform and cryptocurrency and crypto.com's exchange and nfts and blockchain. you said a moment ago it is $3 trillion. it is here to stay. we're bullish on it. we think it is very promising.

we would not make a commitment of this magnitude for this term unless we had a lot of confidence in the space and in the company. neil: while i have you here, sports, live entainment that is coming back in spades, seeing more music performers, concert activities and sporting events and the like and crowded events at that. do you see that back especially you see around the world there are still spikes in covid cases that have compromised attendance at european events, soccer games and the rest? >> yeah. i was last on your show a few months ago when we were a little more reserve. we were optimistic about the future that things would comeback strong. we are back. we have a game tonight. two sold out concerts at the arena. games with doubleheaders at the

arena with clippers and kings. music awards on sunday all sold out. we're seeing this across the world frankly. we have over 400 venues across the wld. our concert promotion company, our ticketing company, 2022 came roaring back stronger than you and i talked about. neil: getting back to what we like to do, have fun. >> absolutely. neil: dan beckerman. aeg ceo. we got a promise from the congressional budget office that it will publish a complete cost estimate for hr 5376, better known as the build back better act, this afternoon, not necessarily tomorrow. a full cbo score. they might have tipped their hand some of the savings administration is looking for out of this beefing up irs enforcement won't be as dramatic as the administration has claimed. the administration says over 10 years that is going to save

about 400 billion bucks. cbo saying probably closer to 120 billion. no way to know who is exactly right on this but they are the keeper of the numbers. they hope to have out all the numbers later today. stay with us. ♪. i promise - as an independent advisor - to put the financial well-being of you and your family first. i promise to serve, not sell. i promise our relationship will be one of partnership and trust. i am a fiduciary, not just some of the time, but all of the time. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com everyone remembers the moment they heard, “you have cancer.” how their world stopped... and when they found a way to face it.

for some, this is where their keytruda story begins. keytruda — a breakthrough immunotherapy that may treat certain cancers. one of those cancers is advanced melanoma, which is a kind of skin cancer where keytruda may be used when your melanoma has spread or cannot be removed by surgery. keytruda helps your immune system fight cancer but can also cause your immune system to attack healthy parts of your body. this can happen during or after treatment and may be severe and lead to death. see your doctor right away if you have cough, shortness of breath, chest pain, diarrhea, severe stomach pain or tenderness, severe nausea or vomiting, headache, light sensitivity, eye problems, irregular artbeat, extreme tiredness, constipation, dizziness or fainting, changes in appetite, thirst, or urine, confusion or memory problems, muscle pain or weakness, fever, rash, itching, or flushing. these are not all the possible side effects. tell your doctor about all your medical conditions, including immune system problems, or if you've had an organ transplant, had or plan to have a stem cell transplant, or have had radiation to your chest area or a nervous system condition.

today, keytruda is fda-approved to treat 16 types of advanced cancer, and is being studied in hundreds of clinical trials exploring ways to treat even more types of cancer. it's tru. keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if [ joe ] my teeth were a mess. your story. i had a lot of pain. as far as my physical health, my body was telling me you got to do something. and so i came to clearchoice. your mouth is the gateway to your body. joe's treatment plan was replacing the teeth with dental implants from clearchoice. [ joe ] clearchoice has changed my life for the better. it's given me my health back. there's an amazing life out there if you do something for your health now. welcome to allstate. where you can pay a little less and enjoy the ride a little more.

♪ ♪ ♪ ♪ now, get new lower auto rates with allstate. because better protection costs a whole lot less. you're in good hands with allstate. click or call for a lower auto rate today.

dad, we got this. we got this. we got this. we got this. life is for living. we got this. let's partner for all of it. edward jones ♪ neil: we're getting word in washington that the congressional budget office is expected later today to have a full cost analysis of the build back better plan and see if it is $1.85 trillion as its authors claim roughly. republicans are saying they fear it might be a lot higher than that remember some moderate democrats, this is all expected to be voted on by democrats. not a republican vote in support of it as we know it yet. they want to make sure this thing is paid for as the

administration claims. the devil is in the details. we'll find out later on today, because the cbo will have the full price tag on it, whether it is all paid for. that brings us to the jersey mike's founder ceo. you wonder why i would ask someone like peter who runs a very successful sandwich shop worldwide what this kind of news would impact and how it would impact him. peter, very good to have you. the argument for this new initiative is that it is going to goose the economy, help the economy, help anyone who has any stake in the economy including a very successful jersey mike's. what do you make of that argument? >> right, well it all remains to be seen. it will probably hurt business on all levels but for us we're just small shops and we've adapted in the '70s, the '80s through all different types of inflation and deflation and we feel our own shops will

be okay. we'll leave that -- neil: understanding and best not to wade into politics i can understand that but the argument is average folks will have a little extra money as a result of this, child tax credits and the rest. i don't know your core user base. i mean i know they cover the gamut but, that would on paper at least indicate you could benefit from that? >> well always was some extra discretionary income we lift in sales going out buying sandwiches, but when times are tough they go less to the tablecloth restaurants and come more to our sub shops. we're recessionary, inflation proof thus far. in 50 years i've been involved in the business i've seen most of it. neil: i bet you have. most people think immediately that your most obvious competition in that segment is subway but, obviously it would

go well beyond that but how do you stack up against a subway? what is your pitch versus the subway pitch where they come out with all the new sandwiches? they're trying to specialize some say a bow to the success you have had to come up with stuff that is not old rote, that kind of stuff. >> if you're not in new jersey mike's for lunch, you're in chipotle, you're in five guys. if you look at arby's, panera bread, slotki's deli, there are so much different concepts. no one is doing fresh sliced, fresh grilled to order with the quantity and quality of the product, authentic jersey sub if you will. so we're very different than anyone out there. neil: so you still have to deal with the same labor issues and finding workers, good workers. i'm sure it has been a challenge. where are you on that front? >> so our roster is like 10 to

12 people each store. we have owner operators in the store. it is like a coach. you always recruit. we always paid a lot more money than most restaurant chains and quality of life is, you're right out front with the customers. the restaurant business is a tough occupation. neil: it is. >> but our, no priors, no alcohol, it is pretty good quality of life. we're recruiting quite a few people because of that. neil: you know you have committed 20% of this weekend's sales to feeding america. that has been a big cause of yours from earliest days. >> yeah. neil: outline what you plan this weekend? >> so, sure, when i was in high school i watched bob hoffman of -- jack of the lobster shanty two local business guys give unconditionally to the community. when i was 17, took over, this is what we are going to do, make a business in peoples lives.

feeding america is an unbelievable cause. we teamed up with claire again, we hope today after this weekend raise as many as 75 million meals. we did it twice last year. this year again, the weekend before thanksgiving, so we're optimistic it will be a great, great turnout. neil: there is always a mystery about what the sandwiches are, not so much in your case, but there is back and forth with subway, tuna is real tuna or some foreign brand. can you tell us unequivocally on national television that your tuna is in fact real tuna? >> i will stay away from the first part. absolutely we make our fresh in the store. no container delivered products. so it is made fresh and that is the way we are with every product. sliced fresh, grilled fresh, right in front of the people. no one is doing that. in the country as far as a large chain. some of the mom-and-pops we grew up, yes, but no one on a

national level our size. neil: okay. that's a very judicious political answer, so touche to you for that. but food for thought i guess. see what i did? food for thought. okay, peter, thank you very much. have a great thanksgiving. >> thank you. you too. neil: stick around. we'll have more after this. ho ho ho! not again. oh no.

for the gifts you won't forget. the mercedes-benz winter event. get a credit toward your first month's payment on select models. you're a one-man stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire

first psoriasis, then psoriatic arthritis. it was really holding me back. standing up... ...even walking was tough. my joints hurt. i was afraid things were going to get worse. i was always hiding, and that's just not me. not being there for my family, that hurt. woooo! i had to do something. i started cosentyx®. i'm feeling good. watch me. cosentyx helps people with psoriatic arthritis move, look, and feel better. it targets more than just joint pain

and treats the multiple symptoms like joint swelling and tenderness, back pain, helps clear skin and helps stop further joint damage. don't use if you're allergic to cosentyx. before starting, get checked for tuberculosis. an increased risk of infections—some serious —and the lowered ability to fight them may occur. tell your doctor about an infection or symptoms or if you've had a vaccine or plan to. tell your doctor if your crohn's disease symptoms develop or worsen. serious allergic reactions may occur. it's good to be moving on. watch me. move, look, and feel better. ask your rheumatologist about cosentyx.

♪. neil: you know they call them emergency authorizations seeking out green light from the fda in this case. moderna is asking for it. you've seen pfizer asking for it, a host of other players with treatments, remedies of covid-19 of their own, and they're all rushing the gate at the same time. gerri willis following it all joins us right now. >> neil, that's right. seems like everybody has got a solution right now. moderna asking federal regulators to authorize its covid-19 to be used as a booster for all adults regardless of age or health. approvals, well they could come as soon as today or tomorrow. pfizer as neil said, also awaiting approvals for its covid-19 as a booster. boosters are currently only approved for folks 65 or older or those at risk because of work, medical conditions, where they live. there is one exception to this and that is johnson & johnson's vaccine. they are already eligible for

boosters. now if approvals are authorized by the fda and cdc, millions more folks, adults would be eligible for additional shots. more than 30 million americans have already gotten boosters, me included. white house covid-19 response coordinator dr. jeff zeints touted the demand for boosters. listen to this. >> we launched in late september, about half of eligible seniors vaccinated with pfizer have gotten their booster. that is compared to the almost three months it took to get half of all seniors a first shot when vaccination program launched. >> good news here if approvals happen as anticipated vaccine recipients may choose which vaccine they use as a booster. big tick you are what is really interesting here, we have a range of drugs that people can tap into. also the pills, if you take if you get sick. neil: right. >> and antibody treatments if you are familiar with in case

you can't use the vaccine. neil: all good news, we'll see how people take them up on it. thank you very much, my friend gerri willis following all of that we're following the cbo development they hope to have a score out and soon. maybe in our next hour. we'll see. stay with us. ♪. ...

if you used shipgo this whole thing wouldn't be a thing. yeah, dad! i don't want to deal with this. oh, you brought your luggage to the airport. that's adorable. with shipgo shipping your luggage before you fly you'll never have to wait around here again. like ever. that can't be comfortable though. shipgo.com the smart, fast, easy way to travel.

neil: all right, welcome back,

the kickoff of our second hour here, could be a very news-y one right now we're getting word that a congressional budget office will release a complete pricing on the build back better plan that the administration is pushing along with democrats, only democratic votes expected on this. they had priced it at $1.85 trillion but no one buys that figure until the cbo has written off on that and it's already telegraphed that one part of that expectation is built on maybe on false assumptions, for example, the more money put into irs oversight that the cbo already indicated won't be nearly as much in savings as democrats had hoped. now whether that means they are going to come up with a significantly-higher price than the $1.85 trillion, we have heard the administration push is anyone's guess, but again we could find out later this hour. also, this hour, the president is meeting with the canadian trimble trudeau, his vice president kamala harris is

meeting with mexico's president and then they swap roles and then in the next hour, each meets with the other leader and then the president meets with all of them, and then we maybe get a sense of where we're going on issues like trade and some concern about the president's bush for union jobs controlling a lot of this ev push that we're leading. edward lawrence has more now from the white house. edward? reporter: yeah, we are waiting any minute now for the canadian prime minister just in trudeau to come down here as the mexican president will be meeting with the vice president and then they will swap in that 3:00 p.m. eastern hour. now there will be no news conference afterwards with the joint leaders, as traditionally has happened, with some other administrations. now this morning the president did say though, he will answer questions, we'll see if that happens. now the white house wants to deepen and expand economic relations with both and it's a bumpy road with the canadians as the president canceled the keystone pipeline which would have created jobs in canada as well as about

$30 billion in tax revenue. the white house hopes to talk about managing covid-19, address climate change, and coordinate an approach to immigration. senator marsha blackburn on that point says the administration has given the border to the cartels. >> they're running the border south of the u.s. border. evidence pays to come over that border and they're so brazen they have now setup distribution centers in u.s. cities for their sex trafficking, human traffic king, their labor crews, gangs, drug traffickers, drug runners. reporter: so the white house specifically with mexico wants to address the root causes of the migrants coming across the southern border, with canada and mexico. the u.s. will work on allowing a labor mobility between the two countries for jobs. now, all of this is ongoing while the white house sent a strongly-worded letter to the ft c about gas prices . this is the latest action to get those gas prices in check. the investigation takes time and

price gouging opec said no, to increase supplies, you interview ed the head of the american petroleum institute who says the policies are the problem. >> this is the equivalent of if there were a food shortage, if the united states were to push on farmers to stop farming, and i think all of us would understand that in a crisis like that, we should be encouraging people to produce here at home, to provide for the american people, particularly during this time of an energy crisis. reporter: now the administration believing the supply will eventually catch up with the demand and the people that i have spoken with here at the white house are telling me that they hope that happens sooner rather than later back to you. neil: do you know, edward, why the president won't have a news conference afterwards or the joint communication whatever they call it, it just seems weird. reporter: it does. it's very interesting obviously in previous presidents they've had those joint news conferences the white house has not yet said

why that is not going to take place, but this morning, when the president had his announcement that he made about police officers the executive order on police officers, the president said, he would take questions so we'll see if he lives up to that word. neil: thank you very much my friend, edward lawrence at the white house, sarah westwood sarah, it is very unusual, certainly, something as important as this , the leaders of the three premier countries in north america, thousand of the united states, canada and mexico, and they're not a press announcement or even a press-sharing moment. that's a big deal. >> it is a big deal and it's sort of part of this irony that president biden would pitch across-the-board but particularly in the area of foreign policy as a return to normalcy, as a breath of fresh air for u.s. allies who might have been shaken by donald trump 's leadership. that is not what we've gotten from biden so far, particularly

with these north american allies but also with some european allies. you saw speed bumps in the u.s.- france relationship because of a submarine deal and now you're seeing biden having a lot of the same struggles that trump had dealing with the fall- out from having more protection trade policies for example, not going through what some of the so-called norms such as having this try attar allegation press conference but what's really interesting is the framing is totally different , we're not talking about it as a norm-shattering thing here and we're not talking about biden's protectionist trade policies here or manufacturing policies here, as something that, you know, is waging war on the global economy or disrupting important diplomatic relationships. it's a totally different framing than what we saw under trump but biden essentially dealing with a lot of those same issues and not delivering that return to normalcy that was sort of promised with his presidency. neil: without belaboring the point, sarah, i'm curious who called these shots does the president say guys i really don't feel like a press

conference, do they come back and say well you're with the other leaders in our hemisphere, it might be a good idea, or in fact they say well, given your performance at some of these events of late, not to cast political disbursions it might be better for you not to risk something that could boomerang on you. who makes this call? >> those are really high level decisions and especially when it's something as important as a trilateral press conference. we don't know, for example, if this was the white house call. it could have been the call of one of the other leaders we know there are tensions simmering particularly between biden and canadian prime minister trudeau. it could have been, for example, the canadians decisions. it definitely sends a message that we are not well with the so-called three amigos, these three north american leaders because typically they would stand shoulder to shoulder , take questions from reporters but there are a lot of problems and strain on that relationship right now, not just on manufacturing, it's also on energy production, cancellation

of the keystone pipeline as was just mentioned cost a lot of jobs in canada and the u.s. and canada are also at odds right now over line five, operated pipeline running from michigan into canada, so because of those tensions, it's likely a diplomatic reason and not a political messaging reason from the biden perspective of why they're not having the press conference it definitely sends a message about the state of the relationship. neil: yeah, not as cozy as it was at least sarah also, i'd be remiss if i didn't mention that the cbo is going to come out with a score, maybe this hour, later this afternoon, not tomorrow but a score on this $1.85 trillion plan, now given their ruling at least on the irs enforcement savings of the administration and it's $4 million over 10 years, and the cbo concluded it's a lot less like 120 billion, is it fair to say that when they come out with a price on this , it's going to be a lot higher than

the $1.85 trillion figure? >> that is certainly the expectation and it seems like the white house has been preparing the democrats for that kind of analysis for the cbo, but this is where the biden administration claims that the dollars, and the cbo score is going to whatever road the credibility of the white house is claiming what the process would cost and that credibility has already been severely damaged by the fact that the biden white house had downplayed inflation for months now, so when it comes to the economic impact of this bill, they are likely going to have to come out and say hey, trust us, our calculations are correct, not the cbo's at a time when they've been wrong on just about every economic question since biden took office. that's going to be a real uphill battle for a white house already struggling on so many fronts. neil: got it thank you sarah,

very very much to this cbo pricing issue if it ends up costing a lot more of the administration will do one of two things, you'll have to either go ahead and find where you can save on the spending or increase the taxes to pay for that extra spending. either option really not too appealing at this stage and for moderates it might be a point here, and to daniel garza right now, the initiative president, back to the president 's meeting with canada and mexico, and i'm thinking you were coming here that obviously, the administration has been saying it wants to address the root causes of what's happening at the border, but what's happening at the border is only getting worse, for all we know it could have been the mexican president that said look i don't want to add insult to injury or make this anymore of a nasty affair so not to have a presser but what do you think? >> yeah, i don't know if they have a lot of good news to say, maybe that's one of the reasons why they aren't going to hold

this presser. look, mexico has overextended in its resources there was a report that came out from the national immigration institute of mexico that illegal entry into mexico had tripled since last year, and again, if you're going to address the root causes, well where are the central government officials in this because they are the ones who have mostly to do with the cause, and then of course, where's congress in all of this? it's their responsibility to put things that are permanent into motion here. look, i think that one of the saddest things is all three of these individuals, the president has been slighting in the favorability polls and maybe that's why they are holding this discussion because they need each other but where they enjoyed enthusiastic support, neil, they become un fashionable, and it's really because of the issues they are going to be dealing with the economy, during the pandemic , on all accounts, biden is failing miserably and i don't know if he's in a position

to help. neil: i'm also wondering too we talk about the mess at the border to your point, daniel, but neither canada nor mexico are too keen on the administrations electric vehicle push, and particularly saving the higher credit and write-offs for union jobs than any other job. now, obviously if you're a canadian worker or a mexican worker, that's gunning for you, it might not have been the original intention but i'm sure it's not being received well. >> well, no, and it's going to strain relationships between, of course the countries of canada and mexico, because they are now accusing this administration of violating the united states- mexico-canada trade agreement done under the trump adminitration because this buy american provision apparently shuts out as you said canada and mexico, for example, with the electric vehicles especially at $7,500 credit and on top of that another $4,500 credit if it's union-made?

of course i think this does not bode well and again, that's why i think they are dismissing these news conferences. neil: it was the mexican president, that said well what's the difference? isn't a job important if it's a job, whether it's union or not? so yeah, there's a lot of tension underneath the surface. daniel garza great seeing you my friend i appreciate it. >> neil, thank you. neil: we have a lot more to come here chad pergram will update us right now on this house launch ing this debate on the social spending plan, and now, with the added umph of the cbo score on it keep in mind, if the cbo ends up scoring this thing a lot priceyer than the administration had been touting, and billing, you're going to lose a lot of moderate votes and this thing could sink of its own weight, after this.

if you wake up thinking about the market and want to make the right moves fast... get decision tech. for insights on when to buy and sell. and proactive alerts on market events. that's decision tech. only from fidelity. what's strong with me? what's strong with me? what's strong with me? what's strong with me? with me! with me! what's strong with me? with me! with me. trelegy for copd.

[coughing] ♪ birds flyin' high, you know how i feel. ♪ ♪ breeze driftin' on by... ♪ if you've been playing down your copd,... ♪ it's a new dawn, it's a new day,... ♪ ...it's time to make a stand. start a new day with trelegy. ♪...and i'm feelin' good. ♪ no once-daily copd medicine... has the power to treat copd in as many ways as trelegy. with three medicines in one inhaler, trelegy helps people breathe easier and improves lung function. it also helps prevent future flare-ups. trelegy won't replace a rescue inhaler for sudden breathing problems. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. take a stand and start a new day with trelegy. ask your doctor about once-daily trelegy, and save at trelegy.com.

i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. life is for living. let's partner for all of it. i'm so glad we did this. edward jones moving is a handful. i'm so glad we did this. no kidding! fortunately, xfinity makes moving easy. easy? -easy? switch your xfinity services to your new address online in about a minute. that was easy. i know, right? and even save with special offers just for movers. really? yep!

so while you handle that, you can keep your internet and all those shows you love, and save money while you're at it with special offers just for movers at xfinity.com/moving. people were afraid i was contagious. i felt gross. it was kind of a shock after i started cosentyx. four years clear. real people with psoriasis look and feel better with cosentyx. don't use if you're allergic to cosentyx. before starting, get checked for tuberculosis. an increased risk of infections —some serious— and the lowered ability to fight them may occur. tell your doctor about an infection or symptoms, or if you've had a vaccine or plan to. tell your doctor if your crohn's disease symptoms develop or worsen. serious allergic reactions may occur. learn more at cosentyx.com. neil: want to bring you up up-to-date on apple the shares price highest it has ever been jumping on news right now that it plans to have an autonomous vehicle by 2025 this has long been rumored here but apparently

there is some traction and the fact they're moving full speed ahead and hopes to have it out there by the next few years we'll keep you posted on all of that as what has been apple sort of in the face of an otherwise general market when it comes to the dow and what have you but for the nasdaq a lot of big technology names that's been among the wind at their back and this latest development for apple that it might have an autonomous vehicle by 2025 is certainly not hurting matters any, the nasdaq itself is up about 48 points. in the meantime, we're keeping a close eye on the house of representatives right now, apparently set to launch a debate on the spending bill and if the house is number two steny hoyer eunice is right maybe a vote on all of this as soon as tomorrow, chad pergram on the latest developments. chad? reporter: good afternoon, neil and that's precisely what steny hoyer the majority leader said on the floor a minute ago that they may vote on this bill sometime today. the congressional budget office says a full cost of the social

spending package should come later today, in a best case scenario democrats hope to vote tonight, the house debated the bill earlier this morning. >> because our tax system has been so unjust, so tilted tok benefit the well off and well connected we can pay for all of this by making our tax code more fair. >> build back better how about put things back the way they were before you broke them? reporter: but the vote is more likely to come tomorrow or later many of the big votes tend to happen late at night like the infrastructure bill earlier this month, or the vote could come this weekend. >> later tonight, tomorrow, maybe saturday, but are you concerned. >> did you say saturday? >> we've been to this dance before. reporter: the key is when moderate democrats are ready to vote, they demand an estimate on the cost from the congressional budget office.

>> acbo score is an estimate of the impact of the bill. it's not what people want the bill to be, it isn't what they say the bill is, they read the actual bill, the actual legislation, and they estimate the impact on taxes and on spending. reporter: the political jockey ing of two weeks ago an infrastructure could help democrats move this bill more quickly, besides worked out their disagreements, moderates need time to review the cbo numbers but problems lurk in the senate. majority leader chuck schumer told senators to clear their calendar until the end of the year, remember, the senate approved the first version of obamacare on christmas eve, 2009 neil? neil: so chad, very quickly, if it ends up being with a cbo score a lot more extensive than the administration and progressives have touted, how can they vote on that? reporter: well this is something that moderates will have to decide and some democrats are going to have to go along with that. some are going to be willing to

throw caution to the wind. that's where we think they might lose one or two votes, remember the vote margin is three in the house, and if they're able to lose just one or two they can probably pass it. neil: all right we'll watch closely chad thank you my friend , chad pergram. this is that kind of back drop that republicans love in a political sense because they're not really expected to offer so much as a single vote for this , but they are watching this with great glee, especially the gop governor's meeting where they are piloting their 2022 strategy let goes to william la jeunesse on that in phoenix. william? reporter: well, neil, you're right. they think this will play into their hands and they think they can replicate a victory in virginia, in other states next year, and they are here basically trading secret, if you will, as well as what voters to target and how and you can actually see that in this new rg a ad that faults president biden for everything from rising prices and crime to

the border and problems abroad. right now, the conventional wisdom has democrats struggling and republicans optimistic. they can win the house, the senate and several more governorships. 36 seats right now are up for grabs next year, 20 held by republicans, 16 by democrats, at least five are considered open for flipping. arizona, kansas, wisconsin, pennsylvania, georgia, and among the big issues here there are more state than federal really look at the vaccine and mask mandates, defunding police, what is taught in class, voting laws, here's governor doug doocy says that landscape favors republican s. >> i don't think we've ever seen a greater contrast between republican leadership and democrat leadership through the pandemic. republicans led, they balanced both lives and livelihoods and their states are in a much better position. reporter: lessons learned from the youngkin campaign in

virginia, look forward, not back >> what we're seeing is a focus on issues is actually a better approach for these republican candidates not focusing on trump , but rather, you know, things like inflation, like the economy, like gas prices. reporter: so the elephant in the room here is donald trump, right? can moderates survive a gop primary and still attract trump voters without losing angry democrats and independents? i'll tell you right now, neil, democrats are saying hey, the elections a year ago, a lot can happen, however the wind is at the back of republicans and they're feeling optimistic. back to you. neil: history can be pleading as it reminds us william, thank you very much, william la jeunesse. well, where were you 50 years ago today? a lot was going on richard nixon was president but this was the debut on this day, 50 years ago of the egg mcmuffin one of the stand-out events in my life. now, now, our bitter boomers are

here and they have not been able to take advantage of this rare moment when mcdonald's is offer ing these things for the price they were back in 1971, $0.63. they're hungry and they're here, after this. (vo) singing, or speaking. reason, or fun. daring, or thoughtful. sensitive, or strong. progress isn't either or progress is everything.

you're driving innovation. you're racing to the cloud. you need to do it securely. that's why palo alto networks developed prisma cloud - an integrated platform that secures your cloud environment end to end. used by the world's largest organizations, prisma cloud provides the cyber security you need from code to cloud. so you can get cloud security right, the first time around.

we've got next. neil: you know, there are i connick moments in history, the wheel, i would say landing on the moon. the airplane, sure, and the egg mcmuffin. fifty it years young, today and to celebrate mcdonald's and you have to do it using their app is selling it for the price it was in 1971, $0.63, so that's kind of an iconic moment. anyway, i have bitter boomer whose are just bitter because they've not been able to get said egg mcmuffin at that price. charlie: i thought you would say bitter boomers was one of those

iconic moments. neil: no if you listen closely i did not. we would talk on shows and that's the aforementioned charlie gasparino, elizabeth macdonald and charlie brady, the senior editor, keeps the facts and numbers the guy is like einstein, charlie brady, on this day, and that changed, if you think about it, seriousness, the whole breakfast game, making breakfast sandwiches. >> it really wasn't no one had thought about it until the mcdonald's executive that came up with it. he ran a franchise and you know what i think is -- neil: had to be italian though. we're going to make it a sandwich. >> [laughter] >> charlie: we could not eat at mcdonald's. neil: oh, stop. charlie: it was horrible. what's the italian word for bla

sphomy? neil: gasparino? charlie: my parents would never let me eat it because one-time i had it and i was like this is the best stuff in the world and she's like that stuff is crap and you can't eat that and you don't like my cooking. neil: well is mcdonald's an advertiser for us? liz what do you think? >> well it changed my family's life because you could stay out all hours and go get a, i'm kidding. neil: but do you know what 50 years, it changed the game, right? you were saying, think about now those are ubiquitous everywhere, but they really mainstreamed it. >> but what's really scary is the coincidence because when that was introduced 50 years ago it's before inflation took off, and we were going to see history repeat itself now. neil: oh, really? charlie: you know what's funny now a lot of boomers stay away from mcdonald's because they know it's not the best for you, and a lot -- neil: not all of them. charlie: and a lot of millennial s eat the stuff

because they don't care. neil: do you ever go? charlie: i haven't been in a mcdonald's i was going to get a cup of coffee at the one across the street and there was a line out the door so i said forget it neil: they know who you are. further back. charlie: they don't but the stuff really isn't that great for you and if you, the millennials flock to it. neil: what do you think of the sausage mcmuffin? >> millennials aren't worried about their blood pressure though. charlie: or cholesterol. >> the mcrib sandwich is made out of old yoga mats, so that's still out there, i'm kidding. you could get five boxes of mac and cheese, which i love, get a chicken sandwich or a blt charlie: which was the fast food one that had the fried rat in the sandwich? it was one of them. i think it was maybe kentucky fr

ied chicken. neil: thank you very much. it's just like chicken. what do you think, guys? whatever you say of getting the $0.63 egg mcmuffin apparently a lot of people are having difficulty getting it there is this what they call the rolls royce of turkeys have you heard about this? kelly brons turkey costs up to $13 a pound, i think, liz, that's like 13 times the traditional price of a turkey? >> rice. neil: so a 23 pounder would set you back for $300 but apparently this thing is phenomenonal, it's very moist. charlie: are they juicing it with some stuff? neil: no. >> i love the branding, are you going to get that this thanksgiving, right? that'll make people happy. neil: but they're running out even at that price. >> it's all the stimulus money floating around. >> but you know, to me, i'm like oh, turkey, i'd rather get a tofu turkey even though it sounds disgusting because they taste just like hot dogs. charlie: you're weird. neil: what i'm finding out about it is it started in mexico, on

wide open fields so these turkey s could rome, have corn, everything else i don't know if they massage them and everything , life is all pleasant for them until obviously, you know -- charlie: they don't even know. >> they have 200 turkeys to an acre where they are raised in the u.s.. neil: it's amazing. charlie: they don't know when they die. neil: i'm not saying they do know, but i'm just saying when they're living they are apparently living the healthiest life and they taste that way. and people are, with all this inflation stuff, they're easily and happily putting down the $300. >> something to be happy about. charlie: there is a bigger story here, a serious story. neil: i told you this story and it's that. charlie: rich people can afford inflation. neil: yes. charlie: that's what biden and all these crazy democrats are pushing this crumby spending through and they say all this inflation is transitory, as regular turkeys are going through the roof as well and they don't understand that inflation, rich people know how to play the markets, side-step

the fact that your wages are going down by investing in certain assets that are inflation -- neil: wasn't that their mistake in the beginning they were saying that this is a good thing because people are paying this , but it's limited to the wealthier. charlie: yeah because they can manipulate their incomes higher through financial engineering and speculation they don't care about paying $50,000 for a turkey. >> you know what's surprising? and charlie brady and you guys have been great about this is that why didn't the biden team see this coming? right now, he's with inflation now. neil: oh, yeah, you're right. >> more spending is inflation, or you know what i mean so they are trying to rebrand everything ad hoc and on the fly and it just isn't working with the americans. neil: you know what's weird and this is what we'll talk about and charlie i want your thoughts on this. the administration is now just throwing it out there, so far without any proof that what's

happening with oil & gas prices is weird and it might warrant an ftc investigation. so far, without any proof that don't blame us, what this could be happening, because these guys are cornering the market or fixing rigging prices. >> big oil is always a convenient escape goat, always. neil: do you know is there any hint of that? >> i have a feeling when president biden closed the keystone pipeline his first day in office that might have something to do with higher prices. neil: and i'm glad you mentioned it because people forget, right? oil it's a commodities it's in the markets and like stocks, it's based on that, you know, sentiment that builds in the market, they could be wrong but they bid up prices almost immediately. charlie: and neil, whenever they , because i've been covering this , meme stocks and gary gensler, the sec chief is looking for culprits manipulating the markets and driving up this and doing that, what the he forgets is the

reason why the markets are price-pricing assets whether it's oil, whether it's meme stocks is because the federal reserve is there, with 0% interest rates you throw on top of that the fact that, so that fuels inflation and speculation. you throw on closing the keystone pipeline and supply issues, well guess what? you'll have some price issues. neil: and you have big ones now. >> it feels like you know, remember back under the obama term, first term, they also did the same thing. there was price gouging, they are going to throw thunder bolts after oil & gas and speculating goldman sachs $100 oil, but so you're right. they only have -- neil: just throw it out there. >> but their one proof was a month-to-month change between the gas price and the wholesale non-blended price and it was a swing of 5% so that's all their proof was but they are going after the oil & gas companies with no proof they are gouging. this is gas lighting at the same time, that he's begging them, begging opec, to produce more. charlie: it's crazy as trump was and i was never, i know the guy

personally who i like him, but i was critical of him in some of his antics. neil: you should hear what he says of you. charlie: fine, i have no problem with it i'll hash it out at any time, but this administration has taken intellectual dishonesty of the economy to another level, this whole notion of transitory inflation, that you can stop people from drill ing for oil and it won't have any impact, the whole notion this supply chain bottleneck is all -- neil: they are very pro $0.63 egg mcmuffin. charlie: of course. neil: finally, how you're going to celebrate and what you're eating on thanksgiving? mr. brady? >> i'm having a fresh turkey, not a kelly gold turkey but a regular turkey with all the trim s. neil: very good traditional. >> i'll be bringing a tofu turkey to my sisters and nobody will eat it. neil: it's in the shape of a turkey? i always wonder if you're actually going to the trouble of making a tofu turkey that looks like a turkey, you miss the real

turkey. >> that's right. what do you think? charlie: in the old days when i was a kid my mother would make a turkey and lasagne, but now, it's just turkey. >> didn't you have it for breakfast too? charlie: i would do that. i was 16 i'd eat lasagne 15 times a day, i would too. neil: you're a very good cook. charlie: i can do my thing. neil: guys i want to thank you. this is cerebral. charlie: i miss it. neil: we're going to find him. charlie: hopefully he's not in china. >> he might be yelling at them. neil: celebrating the big holiday. charlie: chinese food. neil: guys thank you very much, have a wonderful thanksgiving. they all get paid for this , which is remarkable. all right we've got the dow down 57 points charlie brady we're waiting for a cbo score on this thing i think it's going to be a lot more expensive than what they're billing it as. >> all right trying to spin it. neil: yeah, we'll see , we'll see , we'll crunch the numbers for you because that's what we

do, america. more after this. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today.

(vo) the more we do with our phones, the more network quality and reliability matter.iteria. and only verizon has been the most awarded for network quality 27 times in a row. that means the best experience with calls, texts and data usage of any major carrier, according to customers. there's only one best network. the only one ranked #1 in reliability 16 times in a row. we are building 5g right. everyone remembers the moment they heard, “you have cancer.” how their world stopped... and when they found a way to face it. for some, this is where their keytruda story begins. keytruda — a breakthrough immunotherapy that may treat certain cancers. one of those cancers is advanced melanoma, which is a kind of skin cancer where keytruda may be used when your melanoma has spread or cannot be removed by surgery. keytruda helps your immune system fight cancer

but can also cause your immune system to attack healthy parts of your body. this can happen during or after treatment and may be severe and lead to death. see your doctor right away if you have cough, shortness of breath, chest pain, diarrhea, severe stomach pain or tenderness, severe nausea or vomiting, headache, light sensitivity, eye problems, irregular heartbeat, extreme tiredness, constipation, dizziness or fainting, changes in appetite, thirst, or urine, confusion or memory problems, muscle pain or weakness, fever, rash, itching, or flushing. these are not all the possible side effects. tell your doctor about all your medical conditions, including immune system problems, or if you've had an organ transplant, had or plan to have a stem cell transplant, or have had radiation to your chest area or a nervous system condition. today, keytruda is fda-approved to treat 16 types of advanced cancer, and is being studied in hundreds of clinical trials exploring ways to treat even more types of cancer. it's tru. keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story.

at vanguard, you're more than just an investor, you're an owner with access to financial advice, tools and a personalized plan that helps you build a future for those you love. vanguard. become an owner.

neil: you know i remember they used to say if you want to know the future of any industry, the toy industry, computer industry go to one of their expos, show, the same applies to the auto industry where you can get a hint of where they want to take the world and where they think you will be in this world, and for the los angeles auto show, the big theme seems to be this rage over electric cars. kelly o'grady is seeing it firsthand in los angeles. kelly? reporter: neil you're right the energy, the crowd, the vehicles, everything is electric here, with traditional car makers, new entrants all showcasing their new ev offerings and i want to show you

one of those new entrants right now so i'm here with the chief marketing officer of edison future so you got a pickup truck here tell me what's unique about this guy? >> well right from this is the edison ef-1 from the design language we're trying to bring in something very modern but at the same time keeping to the traditional characteristics of what a truck is so yeah we pack it with a lot of technology and we can go inside of it. reporter: i can get an inside look? okay, cool. so what are we looking at here? how far does this range go by the way? >> this , we have three or four different options, we have one which goes up to about 380 miles and one that goes up to 450 miles but inside is lots of space, packed with technology that's what the we call the user cockpit, it's is going to have a lot of connected and safety features bringing in the best and we also have a solar mosaic panel upfront and that's helping power and get some additional energy from the sun but the best feature is right there. reporter: let's head to the back

okay so what are we looking at here? >> this is probably the most unique concept so this is the solar roof bed and actually, the entire thing is actually solar panels, the entire roof is solar panels and this can give customers probably in a sunny place like california 25-30 miles in a daily range so if a customer is parking the vehicle at his office for eight or nine hours he can actually get about 80% of his daily power covered by solar so that's the biggest features you're bringing to the market here now. reporter: so neil, i think that that kind of shows you a lot of customers are having range anxiety, price, and whatnot, so maybe something like this well get that 3% of electric vehicles on the road a little bit higher. back to you. neil: that's a beautiful car. kelly i'm thinking tesla better step up and get its game on because it has very credible competitors, thank you very very much, kelly in los angeles. we've got a lot more coming up,

word right now you just heard that apple hit an all-time high and that it might get into the autonomous vehicle market, as soon as 2025, but there's other developments here that bear watching including apple letting you repair your own iphone, and imac computer and give you the toolkit to do it. would you do it? after this. [energetic music throughout] what's strong with me? i'm ready for anything. find out what's strong with you with fitbit charge 5 and daily readiness.

neil: all right, if you ever wanted to get an iphone fixed or computer or ipad, sometimes you go to apple shop, the store, you're waiting in line, you figure i could do this. i'd love to try to do this myself and save a lot of money, well apple now is going to do and offer you just that, a self-service center, if you will , but your own self-service repair, you do it, they give you the tools i think they even give you the manual to sort of poke around and see if you can do it. grady trimble following this and other top business stories joins us out of chicago hey, grady what's going on? reporter: neil, i have never had that thought that i can fix my phone myself, but apparently,

the tech giant is banking on some customers having that kind of confidence as aapl is going diy with this self-service repair program, you said it, they give you the tools, parts and even instruction manual, you'll read over it and then i guess figure it out yourself, this will start with the iphone 12 and iphone 13, and then move into certain mac computers and it'll be for common fixes things like displays and batteries and cameras apple says the program is intended for individual technicians with experience repairing electronic devices, not people like me who have trouble following lego instructions. meanwhile, apple is also accelerating its electric vehicle development, the tech giant is reportedly refocusing the project around full self- driving capabilities as opposed to limited autonomous features the debut for the apple car could come as early as 2025

according to bloomberg. cbs shares are higher after the drug store chain announced it's closing 900 stores across the country that's one in 10 stores slated for closure, the pharmacy will shut 300 stores per year for the next three years and that starts next spring. the company is shifting its focus to where people are buying that of course is online. they're also turning more stores into what they call health hubs that offer healthcare services like primary care, diagnostic testing, mental health services, and even hearing tests, and oprah winfrey and reese witherspoon along with bumble's founder are three of the newest investors in spanx, the women's wear brand just sealed the deal on a majority sale to private equity firm blackstone, that values the company at $1.2 billion, oprah, you might know, has been a long time supporter of spanx, she made it one of her favorite things all the way back in 2000 the company

's founder sarah blakley will keep some of her shares and continue to oversee day-to-day operations. neil, by the way i don't know if you know this sarah blakley founder of spanx, she hales from clearwater, florida my hometown as well. neil: i didn't know this , thank you my friend, grady trimble following all those developments meantime we're following one of elon musk because he has been confusing us over the last week said he's selling some stock wanted to put it to a vote among his 65 million-plus twitter followers and they said go ahead , supposedly to pay a tax bill but now he sold more shares than be necessary to pay that bill. shana sissel joins us, chief market strategist, so what's he really up to, what do you think? reporter: does anybody really ever know what goes on in elon musk's brain, seriously? i think he's using his very

visible platform in twitter in particular to make a point. he has what i like to call a pot stirrer and i'm always amused by people who like to stir the pot because they tend to demonstrate and enact change through just exposing some ridiculousness out there, and i think what he's trying to show is that okay, congress, okay, president biden, you want to increase taxes on capital gains on people who makeover a certain amount a year well then i'll just sell in front of it. i'm going to have to sell shares anyways, he probably has options not just this year were exercised but probably in the future and he's just thinking ahead and thinking well i can pay lower taxes on my capital gains now than i can maybe a year from now and he's trying to demonstrate to congress, if you want to, you know, push me to this and push this type of policy and act like it's not going to affect the

average american, you're very wrong, because if i sell my stock, it affects all shareholders and it will cause the stock to decline and just a fact, and so it does affect everybody, and i think he's trying to use his platform to make that point. neil: yeah, and i think, you know, the message he was sending to bernie sanders including that remark that i didn't think you were still alive, he's sending a message as well, be careful what you wish for you might get it, right? there were a lot of teachers and firefighter funds that, amazon and the tesla, you know, among their holdings and so when one gets clobbered like tesla stock they're affected and i don't think a lot of politicians who push going after the rich appreciate that, that it's not just, you know, the super-rich involved in the markets. it's those who are exposed to them and when they go south, they're hurting. >> exactly. exactly and i think that's true with politicians on a lot of things not just things that

affect the stock market and targeting the rich. i think most don't actually understand that every decision they make has some sort of un intended consequence. vaccine mandates things like that, they are unintended consequences to decisions that are being made that aren't thought through, and it's very easy to then blame other people. neil: well-put, great seeing you have a great thanksgiving, shana sissel following these developments we're still waiting from the congressional budget office on a price for that $1.85 trillion spending plan, at least we think it's 1.85 trillion, after this. it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart.

choose the app that fits your investing style. ♪♪ [gaming sounds] [gaming sounds] . . find new roads. chevrolet. if you used shipgo this whole thing wouldn't be a thing. yeah, dad! i don't want to deal with this. oh, you brought your luggage to the airport. that's adorable. with shipgo shipping your luggage before you fly you'll never have to wait around here again.

like ever. that can't be comfortable though. shipgo.com the smart, fast, easy way to travel.

neil: real quickly before we wrap up here, we're getting word from president biden they are considering boycott of the beijing olympics which kick off a few months from now. that we might not go. this is all we know. we'll see. charles payne. charles: neil, thank you very much my friend. good afternoon, everyone, i'm charles payne this is making money. breaking now the markets are edging higher powered by the world of the future, metaverse, electric cars, so much more, we talk about it all the time but the old guard thinking the rally has gone too far, in part because they simply don't understand this new stuff, and frankly a lot of tough staff they own are not participating. look at for instance, brick-and-mortar retailers. noth