ou a hug. you see that? that's when i realized we can't let another year go by. i think we're good. okay. let's go. mom, do you know where some wrapping paper... need to wrap something for grandma. uh, yeah. ready? yeah. this is the plan to finally connect with our family's heritage. grandma! start your plan today with a northwestern mutual financial advisor and spend your life living. ♪ >> democrats control every part of the federal government and the policies they have instituted do not give them a lot to run on. >> we are in secular decline, they are not succeeding and bring inflation down and the economy is responding very negatively to what they have done even though it is nothing really. >> we are in for a rocky patch into the end of the year of up-and-down volatility in the

markets. we just have to embrace it. >> we will see high unemployment interest rates for a long time. >> we are back to jimmy carter economic policies. >> on my for worst years coming to fruition. i think we will break the jule rose and i will not be surprised for another big move down. >> why don't you just meet me in the middle? just a little. ashley: there you have it. fox headquarters, the mothership on sixth avenue, midtown manhattan, it is 11:00 a.m. :00 am on the east coast on this thursday september 27th, the first full day of fall. can you believe it? let's check the markets, picking off where we left off in the summer. the s&p down one%, the nasdaq down 1.5%.

let's look at the big tech names, see what they are doing this thursday. apple but, microsoft slightly higher, meta, amazon and apple down one. 3%, one. 50 one. look at the 10 year treasury. look at this number going up and up, rates rising 17.4 basis points for the treasury yield that is now 3.7%. now this. democrat gubernatorial candidate from georgia stacy abrams isn't holding back her thoughts on abortion. listen to this. >> no such thing as a heartbeat at 6 weeks. is a manufactured stem designed to convince people men have the right to take control of women's bodies. ashley: can you believe that, katie pavlich joins me, don't know if you could make that out but abrams basically says a

heartbeat is a manufactured sound. what is your response to that? yeah. >> reporter: scientifically not true, a heartbeat is detection of life inside the womb and people like stacy abrams and others campaigning against republicans for the 2020 midterm elections and gubernatorial races across the country have been trying to paint republicans as extreme on this issue and listening to her say a heartbeat is a manufactured sound is pretty extreme and when you look at the politics of this a harvard paul came out in june post the dobbs decision that showed 75% of women in this country believe on limits on abortion in 15 weeks. democratic candidates like stacy abrams will not say there should be any limits on abortion and so when they say republicans are extreme on the issue they make statements like

that and openly supporting abortion up to the moment of birth so that is where they stand on that issue. it is not the top of mind for voters but is motivating democrats to get to the polls in november. ashley: next one, this issue, doctor fauci admits that he knew covid lockdowns what hurt kids. listen to this. >> you have to do something rather draconian. sometimes when you do draconian things that has collateral negative consequences. ashley: we know that those school closures resulted in historic learning losses but the question, will doctor fauci have the answer to that? >> doctor fauci tried to make the argument hospitals were being overwhelmed, the beginning stages of the pandemic but in may 2020, when

he was called to testify in front of a number of senate committee's, doctor rand paul took him to task and said we need to have kids back in school, the data shows it is safe for children to go back to schools and doctor fauci said that is not the case and he wanted to continue to advocate school closures or up to a year and then wanted to advocate for measures like masks that inhibit learning, we knew at the time and throughout this process he has made the case that it wasn't his job to weigh these decisions, he had nothing to do with taking into account economic consequences, consequences for kids in schools, yet now we have him after the damage has been done admitting that we knew kids would bear the brunt of this problem, but we made these decisions, it is a permanent problem we are going to have, test scores have tanked, the number of students that disappeared from the school system altogether.

for him to admit this now is something that we knew but in terms of accountable he, republicans have said if they gain control of congress in november they will look into why doctor fauci continued with his guidance even though the data showed the opposite, whether there were financial incentives to continue to do that or other incentives for him to continue down the path of keeping things lockdown when the data showed it was safer kids to go back to school. ashley: and kids continue to pay the price for that. thanks for checking in this morning. let's check the markets if we can. another down day. let's bring in adam johnson. let's get to the big picture. could the fed be engineering stagflation which would be disastrous? >> reporter: it feels that way. the fed is approaching this as if it's only tool is a hammer

and everything is a nail. i understand we need to get inflation under control but what is upsetting for me as equity investor is it feels like the fed is not looking at the feedback loop that happens between the bond market and the stock market and as you try to squelch inflation by raising yields, what you are doing is sending stocks down at the same time. there needs to be greater awareness among the fed, messaging from the fed that we are going to do the right thing, break inflation, but we don't want all of you with your 401(k)s to become collateral damage at the same time. ashley: in this extremely difficult environment is their opportunity? what is your strategy? >> there is opportunity. i know that it is hard at times like this for people to appreciate that but consistently back over the

course of my career, if i am honest about where i bought? you do your best buying in week markets but it takes a strong stomach, you have to have a long-term time horizon. we need to think more about warren buffett, the day traders we hear from, i don't think warren buffett is selling stocks, he's buying stocks. that's an important lesson for all of us. we will get through this. we've gotten through this before. there are already signs that inflation is coming down from supply chains knob normalizing and commodity prices coming down. inflation were so down, wise oil trading at $82, wise wheat down 35%, why have shipping costs come down 50%. there are signs that inflation is normalizing. it is just hard to appreciate that in the heat of the moment because you see your stocks go down every day it is hard.

ashley: 30 seconds left. any idea where there is an opportunity? >> look at big tech. we have been talking about this for a long time but household names that we know and love, many of them are down 30, 40, 50%. they are still going to grow earnings 15 to 25% and multiples have come down 18, 19, 20 times earnings. that is an opportunity and i know it is hard to appreciate that. ashley: fantastic stuff. thanks for checking in, we appreciate it, tough environment for equities. let's bring lauren back in. you are looking at tesla. lauren: they recall the million cars over window pinching concerns. they will get a letter in the mail in november and the fix is a software update.

you think of tesla as a perfect vehicle and that is always -- not always the case. kb homes, we know about struggles with the housing market with higher mortgage rates, and cutting their price targets, other homebuilders are up today. this is a specific story, they recently said orders for the current quarter fell 15% for the outlook for the year. do we have a picture? the 7-11 collaboration, there is these hilarious shoes that look like a sneaker on the bottom. you have these things they put in the holes. they are totally adorable. ashley: christmas is around the corner. also, they are kind of cute. the ceo of crypto currency

exchange has announced he stepping down. do we know why? lauren: jesse powell caused outrage, a culture war, we have 20 woke employees who are sapping the productivity of 400 others because they are constantly triggered. told them to leave and made that pretty clear on the show. >> four months of salary, sailing into the sunset. they want to push their agenda. people are managed the hard way if that is what it takes. lauren: he is out and a lot is happening in the crypto currency market. there was some truth to what he said. employees constantly being triggered but when you are crypto currency company you have a progressive employee and

they don't want to hear you say stuff. ashley: the air force academy is going woke telling cadets not to use gendered words including mom and dad. lawmakers grilled the ceos of the biggest banks in the country, want them to stick to what they know and stay out of politics, the report from capitol hill. we will show you this video of a businessman -- a man showing feces at a businessman, crime is out of control in california. larry elder takes that on next. ♪ ♪

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ashley: looking at a picture from mount wilson in california. it is 60 ° there, or there about. let's take a look at this. a homeless man caught on video throwing feces at a business owner in los angeles. that business owner joined us earlier. listen to this. >> the problem is the government overlooks it. can't blame that guy. he is sick. he needs help. he needs to be pulled off the street. ashley: our california guy, larry elder, is here.

when video proof was sent the city council reprimanded him for sending, quote, graphic content. this lawlessness is out of hand. >> it is in the same. paul carrvano is my friend, he often told me about these problems. he was reprimanded for crossing the line. crime is insane here in la. 77% of angelenos are concerned. a few months ago the leading mayoral candidate was asked on a scale of 0 to 10, 10 being most safe, how do you feel here about crime in la, she said i feel like a 10. her house was broken into and two guns were taken. at a mayoral debate she was asked the question again and downgraded it to 5, welcome to the world. ashley: what makes me mad about the story is he contacts the

people that are supposed to help him and they did nothing, they said this is horrible. it is horrible for the businesses who have to try to operate while these people are on the street doing what they are doing. it is completely passing the buck. why don't they do something? >> not just the division throwing the feces at paul. and thousand people like that every single day who's number one job is to get to the restaurant early, clean up the feces, clean up the urine, make sure he's around for security to protect his patrons. they don't know what to do. they have encouraged it. they have many of these people are mentally ill, should be taken off the streets, some are criminals, we have soft on crime das and cashless bail, people are coming crimes who wouldn't be there but for these ridiculously soft and lax laws being pushed by people like gavin newsom, my former gubernatorial opponent when i tried to recall him.

ashley: talking of races you told the des moines register that you are considering a run for president in 2024. even if donald trump runs. >> that is right. if i decide to run. i've not made a decision yet it won't be to displace anybody, trump or mike pompeo if he decides to get or rick santorum or ron desantis. i will be running against president biden or kamala harris, either of them. the outrageous crime and the way these people divided america into semi-fascist and non-semi fascist, people like hilary who divided us into irredeemable deplorables and those who are not even barack obama who said racism is in america's dna for crying out loud. anybody has a right to feel that way would be my dad who never knew his biological father, was homeless at 13, became a small entrepreneur, by the time he died he was under a

net worth over million dollars, the american dream is still alive, values that made the country great, patriotism, belief in under printers uber ship and hard work are under attack and that is what i want to reinforce and push forward if i decide to run. ashley: that sounds like a campaign speech to me. there's a lot to consider if you want to do the presidential run which when do you think you will make a decision? >> if i decide to do it will be early next year. i've got 3. 5 million votes when i ran in the recall election, more than the other 45 rivals combined, raise $22 million in 7 weeks, i carried 57, 58 counties, the only one i last was san francisco. not shabby for an amateur. ashley: you are not an amateur. i saw your speeches, you're a natural so we look forward to

your decision, larry elder, as always, great stuff in california. lahren, come in now. what do people think about gavin newsom running for president? lauren: it was mixed, mostly positive. these were voters in san francisco. i didn't realize larry elder only lost by 150 votes. >> a great governor and i think he could be an incredible president. >> complete hypocrite, telling everybody make sure you mask up and the french laundry restaurant, with a bunch of people with no mask on. >> i don't think it is his time yet but if he did run at some point, yes, 100%. lauren: the usa to locate california, san francisco, open air, drug use, police can't do much about it, the story of the video we have been showing,

just disgusting and disturbing. that is what it would look like. ashley: so many people leaving the state, sounds like a great candidate to me. lauren: under regulations, can't keep your lights on. ashley: we will come back to lauren. let's check the markets. dow jones down half of 1%, nasdaq down 13/4, the s&p down 1%. another down day so far, look at meta if we can, wall street journal reporting meta is reorganizing department's to cut costs to cut costs by 10%. some workers have been put on a 30 day list which gives them a month to find a new role within the company. or they believe. next one. the founder of amazon, jeff bezos, could be forced to testify in an investigation into amazon prime.

lauren: in my opinion nonsense, but it is really happening, the ftc wants jeff baeza's and amazon's ceo to testify on this probe that began in march 2021 about customers who complained about sign up and cancellation process. it is hard to get out of anything you subscribe to, we know that. that is where the probe started but amazon said it ventured out, they are calling it an open-ended list of topics the ftc wants responses to and they produced tens of thousands of documents and want to make other executives who knew more about crime, that was their daily option, to testify, but the ftc says no. that is who they are getting. ashley: okay, not sure about that one. amazon is down 1.5%. now this.

parents are furious after they say their son was duped into taking a radical high school course on d colonizing us history. got that story to be sure. take a look at this headline in the wall street journal. migrant flights obscured the real desantis divide. dan heninger wrote that and he's on the show next. ♪ shake it up ♪ shake it up ♪ shake it up ♪ ♪ welcome to ameriprise. i'm sam morrison, my brother max recommended you. so my best friend sophie says you've been a huge help. at ameriprise financial, more than 9 out of 10 of our clients are likely to recommend us. our neighbors the garcia's, love working with you. because the advice we give is personalized. hey john reese, jr. how's your father doing? to help reach your goals with confidence.

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ashley: james brown, living in america. looking at new york city, 6th ave. midtown, 75 ° and pouring rain. let's take a look at the markets. not a lot more joy there either, down across the board, the dow up one hundred 16 points monastic 1.5%, needs to be down nearly one%. let's bring in susan, watching the brokerage stocks. susan: you miss new york a little bit even when it is raining.

brokerage stocks are outperforming earlier on, still some upside and that is because the sec isn't going to crackdown on payment for order flow, during the game stop saga. the client orders to market makers at said adele to get money back and that is how robin hood and the like get paid, and still holding on a little bit to the rally. they are now getting, 20% for the operating margins starting in 2020, an increase from their forecast for the upcoming business year and promising to make $50 billion in sales in 3 years time, it is always positive, we can make more

money from your services. more elon musk news, elon musk deposed next week and that twitter case and musk claiming twitter's severance payment to the twiddle -- twitter whistleblower violated the deal, delaware judge ruled team musk can add the whistleblower payment, two days, deposition 26, 27, stretching to the third day and it is always interesting to see what he has to say. neil: interesting viewing. thank you very much. now this. ceos from the biggest banks in the country going through two days of hearings on capitol hill. more on the hot seat, hillary vaughan is there, banks under pressure to stay out of woke politics. >> reporter: good morning. yesterday some progressive lawmakers used their time with some of america's top banking ceos to ask them why they

aren't doing more to advance their more progressive priorities like ending financing of fossil fuels and some lawmakers were stunned when some ceos said they are not on board. >> does your bank have a policy against funding new oil and gas products? >> absolutely not, that would be the road to hell for america. >> everybody that got relief from student loans has a bank account with your bank, should take out their account and close their account. >> reporter: they were asked what congress can do to bring down inflation and the answer was pretty simple from some ceos saying they need to stop spending more money. >> there is a considerable amount of savings in the system. we don't believe we need additional stimulus being put through into the economy. >> president biden: less fiscal spending would be good, we had 30% gdp spent over a 2-year

period which is unprecedented. >> reporter: ranking member senator pat toomey warned the ceos the pressure they are getting from some progressive to cave to political pressure could be used against them if republicans take the majority, that would set a precedent that banks will essentially do the will of what washington wants. ashley: fascinating stuff. let's bring in wall street journal guy dan heninger. you wrote a piece that says the media is so focused on the migrant flights they are ignoring another huge story. the question is what is that story. >> reporter: it is ron desantis. we've got some focus on flying migrants to martha's vineyard with the spokesperson for the white house calling desantis a guatemalan smuggler but what they are missing is the

governor gave an important speech in the past week in which he talked about something bigger and more important which is economic opportunity and he described it as the great american exodus. in short, the great american exodus describes the flight of people out of northern cities like new york, chicago, new jersey and california migrating into the south and into the west. governor desantis spoke about florida saying there's more net income moving into florida than last year than any state in history but it is more than just the 1% that are fleeing low taxes. my column describes the study and the brookings institution put out this month describing how black americans have been leaving the north and returning to the south, cities like atlanta, houston and dallas. this reverses the great migration of the twentieth

century, and the one reason all of these people, middle-class or wealthy, are leaving the north is to find greater economic opportunity in states like georgia, florida, south and north carolina, texas commit tennessee, arizona, utah. that is what governor desantis put his finger on it that will be a big issue going forward, where do you go for economic opportunity? ashley: i find it interesting that desantis has been all over the country and in some of the big battleground states, you know he is involved in a close race with democrat charlie crist in florida but certainly laying down a marker on the national stage. >> this is a direct rebuke to california governor gavin newsom who keeps -- keeps attacking governor desantis and suggested people move from florida to california. the census bureau has made clear over the last several years that migrations from

california are significant, florida indeed has the greatest number of migrations of any state in the union. if they want to pick on governor desantis over flying 50 migrants to martha's vineyard they should feel free but states like florida have a great story to tell and i have no doubt it will become an issue as we head towards 2024 and the presidential election. ashley: you're absolutely right i believe. great to see you this morning. always appreciate it. now this. 23 million people are about to get inflation checks in california. is this a real solution for struggling families are just band-aid? i will ask congresswoman young kim. a driver is free on bail after admitting he intentionally hit a teenager with his car in a fight over politics. the teenage boy did not survive. jason rantz will have that story next.

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ashley: another of these unbelievable stories, the air force academy wants cadets to use gender-neutral language. does this mean no more thank mom or dad? >> yes, this is diversity and inclusion training from the air force academy of colorado. what do people call themselves? when you don't know, just ask, now we are instructing every cadet entering the air force not to say mom and dad, to not say boyfriend and girlfriend, this drive towards gender neutrality, the air force should be worried about the macro aggressions against americans that are happening all over the world. i am not sure that has to do with gender. if you want any sort of -- don't care what anybody called

me, as long as they can save me, they are here to protect us. ashley: plenty of aggressions around the world like china and russia and putin. lauren: this is really silly. if you are not sure what to call me and you are asking what to call me i would be insulted. i hope i look like a woman. ashley: no worries there, i promise you. absolutely promise you but you use the keyword in this, silly. we are going to move on. this is a sad story, north dakota man is walking free after admitting he killed a teenager with his car because his team's republican politics. the 41-year-old is now complaining about his own well-being, told the judge i have a job, a life and a house and things i don't want to see go by the wayside, family that are very important to me. maybe you shouldn't have killed someone. where is the outrage over this

story? >> imagine if he was in a blm sweatshirt and the person who killed him was republican and a amaga hat. this would be a major story leading every newscast around the country and widespread rioting. in this instance it is absolutely absurd we are not spending more time on it. to be fair there are some details we need to figure out and not everything has been provided by law enforcement, they haven't corroborated the story about this political argument, there was a $50,000 bail which seems rather low unless they have information we are not yet seeing but just the facts as we know it warrant significant coverage and scrutiny and it is not being done. ashley: it is not. next one for you, parents of a high school student in washington say their son was

tricked into registering for a follow-up history course, the school labeled the class as a us history class but it is all about socialism and crt. not only that but parents were told this course was mandatory. >> absolutely. i looked at the documents. i am looking, us american history, the parent gets the syllabus once her kids come home from school and looks at it and it is not labeled us american history. it is called the colonizing history. this is a crt focused course that pushes left-wing propaganda, tells students they will experience discomfort, uses the text of howard zinn, a very radical anti-american socialist, and for them to use this to frame history for the student that an away according to the principle, in an e-mail sent to the parents, it is mandatory. of this get wants to graduate, that is of course absurd, the

district is telling me it is an elective but the principal says otherwise, seems the intent here was to dupe parents and to dupe this kid and i'm grateful that parents paid attention, it is difficult to go every piece of curriculum your kid is going to be exposed to but it is time to do that. but this kid is doing with parents, they have to take a class outside of the district so they can get credit for history so the student can graduate on time. ashley: let me get this straight. if i understand, the district says it is not mandatory but the school says it is mandatory. is that right? >> yes. there is something going on here, what was so fishy, they said it is called the colonizing us history, it is nowhere it can be found in the course catalog. i went through the course catalog and asked can you point to be the class you are telling

me this is an elective and they refused to do that so it seems a little fishy to me. ashley: fishy indeed. thanks for joining us, thanks for staying on these stories, if you didn't do that none of this would come to light and these things would carry on and checked which is clearly not right. thank you so much, appreciate it. let's take a look at the dow 30 stocks to get a sense of where we are. we are down on the dow 115 points, red and green. on the upside, merck, j&j, salesforce, up today, but on the downside, american express, boeing, goldman sachs, walt disney, big names lagging behind, the dow 106 points after we lost 120 points. the president of iran since a strong message to the un. iran will not surrender its nuclear program.

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ashley: the president of iran spoke at the un yesterday saying iran is ready to resume talks with the us but insists they will not give up their nuclear program. caliper you congresswoman young kim joined me now. you tried to keep the uranian president out of the us entirely, is that right? >> that is true. i lead a letter with 50 of my colleagues sending a letter to president biden not to issue the entry visa based on his record. the uranian regime, and the president is a thug, he will do anything that he can to keep his nuclear power and nuclear weapons program emissions continuing and he has shown over and over his hand about how he wants to continue to

support terrorism. iran is a state sponsor of terrorism and they support terrorist groups like hamas, hezbollah. knowing all of these i asked the biden administration not to issue entry visas because by doing so, we are giving a platform to further promote his propaganda and that is what we saw when he spoke before the un general assembly, just further promoting the terrorism, his support in this is exactly why i lead the effort to stop him from coming to the united states because he has no place on american soil to further support the terrorism around the world and to allow him to do it, this is an atrocity. ashley: we have been showing video of protests that spread across iran. do you inc. there is a legitimate potential

for the uranian leadership right now to be seriously challenged with what is going on in iran right now? >> glad you are mentioning that. the horrible jeff of our 22-year-old young uranian woman who was killed just hours after she was detained by the uranian police, walking down the street without a he job, shows what the uranian people are facing, struggles on everyday basis, basic human rights, freedom of expression, these are all crushed and so i tell the people of iran america stands with you in your peaceful protest to fight for your freedom and liberty. stuart: next one for you, your state is sending out inflation relief checks to residents as soon as next month. you support this are not? >> i definitely do not support

that. the fact that our state government and governor newsom, the democrat-controlled legislature, is agreeing to send the checks just before the november election tells you about their election. spending more money and raising more taxes and sending out checks to individuals is not going to solve the problem of california and facing, the inflation is already over the highest in 40 years, californians are bearing the brunt of the highest inflation. we are paying more in gas, groceries, california has always been the state that pays more than anything, more money at the problem is not going to solve the problem. we need to come together and come up with a commonsense solution to combat this painful painful inflation and we need to do that by being more reasonable, bringing commonsense solutions to make

sure our call using congress don't pass any more bills until year-over-year inflation rates drop below, the commonsense solutions that get us out of this inflation crisis. the biden administration, democrat-controlled congress raising more taxes, that will add more to the national debt. ashley: it would stoke inflation, thank you for stopping by and chatting with us, we appreciate it. time for the thursday trivia question. what time does the autumnal equinox begin in the northern hemisphere, 12 p.m. noon, 3:twenty three p.m. 6:fifty five p.m. or 9:zero four p.m. ? these are all eastern time? don't look at up.

we have the answer right after this. . .

♪. ashley: all right. earlier we asked what time does the autumnal equinox begin in the non hemisphere. lauren is all over this. what do you say, lauren. >> i know i'm right. 9: 04 p.m. eastern. am i right? ashley: yes, you are right, number four. technically begins tonight eastern time tonight. so this is the first day of

full, but tomorrow is the first full day of fall, as they say in england autumn. before i leave i want to say this, yeah, don't forget to, pumpkin spice latte. don't forget to send in your "friday feedback." you can send in your fan friday videos. we always like to say this. it is your chance to be on tv. don't pass that up. our time is done. neil cavuto, take it away. neil: ashley, thank you very much for that. corner of wall and broad we have a sell-off again today on top of the selloff yesterday when we closed the day at the lows of the day. people don't generally like that investing longer term. longer term these days seems to be hundreds of points each day. we're on the bank ceos on capitol hill on the senate side. they are supposed to respond to questions but often times they don't get to say much, they are more like pinatas than anything else. chad pergram, what h