stuart: another really nice day in new york city, sunshine on the empire state building, 10:00 eastern. but better get to the money because it is a selloff, the dow is down 470, the nasdaq is down 305 points, 2% down for the s&p, look at this. the yield on the 10 year treasury going up 3.859% and oil is over $90 a barrel, not good for the market and suggests enterprise dotage energy price inflation, bitcoin, a price of 19,000, that's the markets this friday morning, now this.

when the price of gas came down the president took full credit, now that prices are going back copies desperate, the last thing he wants is a gas price spike right before the elections and that is what he has got. gas now averages $3.89, up $0.03 overnight, looking at $4 a gallon next week surely, diesel, the industrial fuel also going back up, the average is $4.91, $5 tuesday and wednesday morning, his handlers are spinning this wildly lashing out to blame anyone and everything except the president's own green policies, they can't get around the fact that america is producing less oil now than in 2019 and the production cutbacks and price hikes began when president biden became president. 's tilt to the climate crowned has been an abject failure, committed to draconian cuts in emissions crippling ourselves while chinese emissions expand,

america has been embarrassed by president who bags for oil from the more unsavory regimes, he looks so weak and foolish. what else when a country with massive energy reserves refuses to go get it in the middle of a global energy crisis, this is biden's mess, the greens won't let him fix it, we all pay, second hour of varney just getting started. the selloff is in progress on wall street, the dow close to a 500 point loss, 1.65%, a lot of selling this morning. i will give you two items here, the wall street journal, the guy who checks the fed for the journal and he says the stage is set for the fed is on track for another large rate hike, we've got oil at $90 a barrel

suggesting energy price inflation. those two things pulling the market down today. >> absolutely those two things and what today shows is monday and tuesday was a flash in the pan, the market got so exaggerated that the fed was going to have it, clearly they are not, the nfp report shows unemployment showed that so you've got this reversal of fortune in the energy prices only add that but energy is up, oil is up, natural gas and coal is up, they will continue to go up into the winter and into next year, europe struggles as the us struggles so there is some light at the end of the selling terms of investment but not for biden because it will only cause the cpi to take this step next week and then surge higher from november when you focus on putting that back in. stuart: arguably next week's consumer price index weeding on

inflation is more important than the jobs report's reading on the strength of the economy, want to forecast what the cpi is going to do? >> the cpi is supposed to come down to 8.1% but it was supposed to do that last month as well. the core number, 6.7 to please the estimates, but if energy continues to rise this month, that the cpi will go even higher in november when they report that number which is what you and i were talking about which i thought was going to happen, they would try to tame it and lifted head again and cause the fed to have to remain as aggressive as they are remaining at that is what the market tells you. it is a math problem. it has to revalue based on these projections. stuart: got it, lots of red ink today, thank you, see you again soon.

movers, amazon is moving sharply lower, the story please. >> they ditched their delivery robot, stopping life tests of it because consumers were not happy with what the robot was supposed to do. stuart:'s not the reason. >> yields are going up, that affects the value of future profits, tech is done largely today. stuart: and headed for a recession possibly probably. how about lift. >> look at this. rbc came out, cut sector reform, halved the price target to 16, says uber is doing better, cheaper for riders and pick supposed passengers a lot faster. stuart: i've got a feeling tesla is going to be down today. it is down, back to 230. stuart: a lot of news for tesla, we are seeing the ev fires in florida because the batteries were in water, the twitter drama and there is good news for tesla today being

completely overlooked, elon musk said the long-awaited semitruck, they are producing it, it will be delivered to pepsi in december. a new vehicle coming on the market been investors say we are not buying that today. stuart: the edit button on twitter. lauren: four users, the people who pay $4.99 a month, a little icon looks like a pencil, you can edit, the original still lives. stuart: so you can send it. lauren: if you send a tweet you didn't mean to cendant edit that i can see the history. stuart: is a get out of trouble icon? >> it is just for a typo. obviously sometimes much bigger reasons.

i think it is a -- stuart: i want to move to safer ground. let me show you safe ground. h humaaberdeen says hillary clinton faced impossible challenges as women in politics. >> you know this well, that hillary had to face just as a woman in politics, all these impossible standards, she needs to be taller, shorter, talk this way, this is annoying, she looks angry when she speaks, almost like you couldn't win, no matter what you said. we can't see women as commander in chief, we think of a president and you think of a man. >> no one better to address the subject than the lady who's with us now named tammy bruce, never heard of margaret thatcher 50 years ago. >> has she never heard of herself and her problems with her husband and hillary clinton and her and her problems with her husband, margaret thatcher

arrived on her own volition, she did not attach yourself to someone who was a predator and who contributed problems to campaigns margaret thatcher had the confidence in herself to where she did not need to do that. hillary clinton never did. it was always attached to bill clinton and then she expected to be elevated up into the presidency because of the help she gave him. this is just complaining of impossible challenges, these are -- it is not easy for women, we certainly have a different road we have to move down absolutely and it makes us frankly better because the standard is higher. it is not always fair but life is not fair so we dealt with that, hillary clinton never did. she didn't have the courage to face her supporters when she lost, she stayed back and sent that other guy, whatever his name was. i've already forgotten, he will reappear so this is a woman who

has never had courage, never had the confidence to do it and she is whining and having homea whine about it was impossible, everybody is complaining about your look or you sounded mad. it is called leadership. have the confidence to overcome that and frankly to not care, donald trump doesn't care and that is why they freak out because no matter what they say about him he's having a great time because he knows what he wants to do, what he wants to accomplish, you sit here saying all kinds of things to millions of people around the country around run the world and you're confident because you know your business, that goes with politics, with entertainment, with the business, with the stock market, with whatever it is i do for living, with writing, you have to sit down and trust yourself, clinton and aberdeen, never -- neither of those did, and they have been awful and that is the lesson. stuart: i look forward to

fridays at 10:00. >> i feel so much better. stuart: released at all. >> forget that $200 for therapy. i use this, you are genius. that was great. thank you very much. >> it is all true. blue when we are not done with hillary yet. this is for you. the actor russell brand is going after hillary, what is he saying? >> saying that hillary and a lot of people on the left silence their opposition by dismissing it as fascist. >> has declared she admires the italian leader the left said is a fascist and also fighting for ukraine is fascist, convenient term to bring down people you don't agree with. families of trump supporters and democrats in the same family, what are you saying, we

don't have to deal with you, don't have to talk you, your out. stuart: you are out of the conversation. >> when you don't do anything he wants or disagree with them he goes i hate you, your stupid and dumb and ugly. just dismisses me. says i didn't agree with him. stuart: telling millions of people? lauren: he is 4 and that is what the other side does. let's not have a conversation, automatically you are fascist or racist. >> we sent hillary clinton to her room and that 4-year-old gets grounded and sent to his room on occasion so there are similarities to how one handles the -- call names. stuart: no wonder -- take people like this, no wonder we are strong, i will move on.

a real good one coming up. vice president harris heading back to texas visiting the southern border, headlining a democrat congress instead. we are all over it. president biden pardoning thousands charged with marijuana possession. we have the details coming up. kanye west sat down with tucker carlson talked about supporter trump to his white lives matter shirt. here is a clip. >> answer to why i wrote white lives matter on a shirt is they do. the obvious thing. stuart: we've got more from that exclusive interview coming at you after this. ♪

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go to golo.com and see how golo can change your life. that's g-o-l-o.com. stuart: i knew that we are playing this song because fashion designer, award-winning hip-hop star yay west is making headlines starting with this. adidas says its relationship with him is under review. what is under review? lauren: he has been critical of adidas publicly accused their management of copying his ideas. adidas says successful partnerships are rooted in mutual respect so they are reviewing there is, they had this relationship since 2016 and it is one of the most lucrative in the industry.

they are ready to perhaps give it up, you are looking at sneakers adidas manufacturers for his line, hundreds of dollars, $300 and they sell out in minutes and adidas is willing to say don't like how you're treating is publicly. stuart: he sat down for an interview with tucker carlson and called out the media. >> we are in a battle with the media like the majority of the media has a godless agenda and the jokes are not looking, that the media has also watched travesties happens specifically to me and just watch it and act like it wasn't happening and stay quiet about it. lauren: he said he was bullied

by hollywood because he liked trump, so frustrating for him because he is being silenced all the time in his point of view, to have a voice and not allowed to use it, he's frustrated with the media. stuart: can we see the rest of the interview? lauren: part 2 airs tonight on tucker carlson tonight. and ultrasound, the lanyard around his neck. stuart: interesting. look at another headline. bernie madoff gave better returns to his investors than black lives matter did to black americans so why are we angrier at him for calling out their scam. the author of black victim to black victor wrote that and joins me now. why is hollywood specifically angry at ye? >> he is saying what you wants as a black male, that's not

allowed. we have a free nation and we are not allowed to speak freely. they accused him and someone like myself because we are supposed to behave in a particular manner and advocate certain things but he is a pro-life christian and that is something you are not supposed to brandish publicly especially with prominence. he is supposed to tow the line of the hollywood elite and because he doesn't do that and showed some interest in trump when he was running for office and saw the back lash that was a red pill for him to realize no matter how much money he has there are people who want gatekeepers. stuart: can you characterize how many black folks think about an expression white lives matter? do most black folks objected that?

>> white folks are black folks? stuart: black folks? >> most black folks don't care, they are going to work, doing what they need to do to survive. much of this, what they think twice about wearing a shirt but much of the operation was created, most black people lean to the left they are not hyperconcerned about black lives matter or white lives matter. with one back to mister trump, you talked about the back lash he received after coming out in support of donald trump. watch this for a moment. >> i never told people i liked trump when he was running because i was bullied by hollywood, my so-called friends/handlers around me told me if i said i liked trump my career would be over, my life

would be over but they said stuff like people get killed for wearing a hat like that, threatened my life. stuart: sounds like it is really bad news if you are a black trump supporter, that happened to you? >> absolutely and to be open with the audience i voted for trump, i am conservative minded but don't have any ill intent towards trump. everybody should be able to vote which ever way so puts them and kanye west has everyone is any other person, white person, hispanic person to vote for whoever they want. we are all individuals and we find what is necessary to pursue within politics what goes to their interest and for whatever reason, he has his reason, donald trump was someone that spoke to him more so than joe biden and for him to have these handlers so to speak around him to tell him you better not do this, that is

much of the gatekeeping i'm talking about because they are trying to keep him in line, keep him in line like they try to keep other black elite in line and sometimes the black elite try to keep people like kanye in line as well so much of life for connie in a matter how much money he has will always be dictated by others or attempt to be dictated and that is why they don't like him because he doesn't listen to them. stuart: the story is breaking wide open, thank you for taking part in it today, hope to see you again, thank you very much. president biden pardoned peoplehood been prosecuted for possession of marijuana, that sent pot stocks through the roof yesterday, coming down today in a big selloff. more details on the pardon please. ashley: president biden pardoning thousands of individuals convicted of possessing marijuana because he says the current system makes

no sense. take a listen. >> president biden: no one should be in jail for using or possessing marijuana. i'm announcing a pardon for all prior federal offenses for the civil possession of marijuana. too many lives have been upended because of our failed approach to marijuana. it it is time that we right these wrongs. stuart: ashley: that means 6500 convicts are expected to be pardoned, a small number but the pardon supply only to federal offenders convicted of simple marijuana possession but biden is calling on governors across the country to follow suit. biden noted marijuana is currently a substance under federal drug sentencing guidelines, the same as heroin and lsd and more serious than fentanyl which again he says makes no sense, he's asking the law to be reviewed. right now every year arrests for marijuana possession typically account for between 40 and 50% of all drug arrests

around the country and as you mentioned, some cannabis companies spiked on the news yesterday. stuart: see you later. remember when speaker pelosi said this about but democrats states. >> we have a shortage of workers in our country and you see even in florida some of the farmers and growers say why are you shipping these immigrants up north, we need them to pick the crops down here. stuart: newsweek editor says pelosi's comment shows how democrats have betrayed the working class, she joins me next. ♪

stuart: how far down are we?

we are down 430 points, for the dow, 283 for the nasdaq, that is down 2.5%, that's quite a selloff. the stocks are truly moving and we start with cvs which is down 7%. lauren: cvs is in talks to buy canoe health, this would be their way to get into primary care. it is moving both stocks. stuart: decks calm. cantor member what they do. lauren: they are up 9%. this is important on a day when markets are selling off, leaving the s&p 500, they raised their price target to $120, medicare might cover more of their products. we went anything on netflix this morning? what is down 2.5%. lauren: netflix is a sequel to knives out, it will play in theaters for one week before it hits their streaming service.

there's always been contention between netflix and the theaters, how long a movie should be out in the theater before streaming so they have agreed on one week as the gold side. stuart: that is the move on the market, the dow is 436. let's get the jobs report. 263,000 added in september. edward lawrence with me, dig into this for me. what else you got other than 263,000 jobs? >> it was a strong jobs report but something the federal reserve has to look at and say they can give ammunition to give that aggressive rate hike the first week of november, the employment rate is below 3.5% because people dropped out of the workforce. looking at where the jobs are, leisure and hospitality adding 300,000 jobs in september, that sector still down 1.1 million jobs from february of 2,020 levels are 7% manufacturing

added 22,000 jobs, you see healthcare and construction on jobs. the president says this a lot. >> president biden: our economy has created 10 million jobs, 668 manufacturing jobs. roof that made in america is no longer slogan. it's a reality. >> manufacturing added back on the jobs lost in the pandemic, only created 95,000 jobs since february 2020, overall the economy added back the last jobs in the covid lockdowns and created 514,000 jobs. here is the labor secretary defending the president's words. >> it is misleading, more than 500,000 because manufacturing is up, what the president is talking about is when he took office to 9 americans were out of work, fast forward to today,

10 million americans are back to work. >> reporter: in the shop support average hourly wages up 5% year-over-year but inflation far outpacing is that. the federal reserve will look at this and see this as putting upward pressure on inflation and likely go forward with that aggressive rate hike. stuart: thanks very much. how about this for headline? pelosi's pick crops line shows how democrats betrayed the working class, one word, betrayed working-class. what don't you like about pelosi's pick crops comment? >> let's go back to 2016, a moment in which senator bernie sanders, the standardbearer of the progressive left was asked shouldn't we support open borders, you claim to care about that and senator sanders laughed in his face and said open borders?

that is a koch brothers proposal, they would like nothing more than have migrant streaming across the border working for $2 or $3 an hour and said aptly i don't believe in that. i support the working class of this country. fast forward to 2022 and nancy pelosi is literally saying the koch brothers proposal we need these migrants to pick crops. stuart: what you are doing is getting right into the argument about should migrants work and support themselves? i have consistently said yes, they should. we have a labor shortage. what are we going to do? let them sit around for years and years supported by the taxpayer? i don't think so. let them work. i caught hell for saying that. >> you should catch hell for saying that. because these people are undercutting working class wages. you cannot have a wage floor if you have an unlimited supply of

working-class workers from poor countries across the countries comes signaling to them across the border illegally because we have work for you. i don't understand how is it the conservative position side with corporations that are exploiting migrant workers rather than with working-class americans who need jobs and can support their families with many. stuart: we could talk about this forever. you make your point and it is a fair point. i don't know what we are going to do with millions and millions of people if they don't work, time is up. i get the last word because it is my show. seriously. that was brilliant. good to the debate this and we will do it again. next case, shoplifting out of control, right aid considering locking up all items in new york city, can you believe that? can you believe that?

federal agents believe they have enough evidence to charge hunter biden, just the tip of the iceberg. greg jarrett breaks it down after this. ♪

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stuart: federal agents investigating hunter biden believe they could have enough evidence to charge him. charge him with what? >> we know this is reached a sentiment could go phase, according to a source familiar with the investigation and federal investigators stop

collecting evidence, and and charging them with tax crimes, that is related to a gun charge. the investigation over the summer for the fbi to the us attorney in delaware, doj policy at the department of justice is to not file politically sensitive charges in the two months or so before a federal election but since hunter biden is not on about it may not apply, the timing of this is not clear, the grand jury in this investigation finished over the summer, doj not commenting. we have previously reported hunter biden being investigated for possible federal tax and gun paperwork violations as well as foreign lobbying crimes, the washington post reported federal agents believe tax and gun registration aspects could be the chargeable part of the equation and the firearm report were biden answered no to a question

asking if he was an unlawful user or addicted to drugs, that could be significant. and attorney for hunter biden responded to the latest post reporting saying it is a federal felony for a federal agent to leak information about a grand jury investigation such as this one. any agent you cite as a source in your article is committed, will diligently investigate and prosecute such bad actors, hunter biden's attorney going over the fact that somebody gave this information to the washington post. i want to talk about that laptop, with charging decisions, and hunter biden epstein could come out with a plea deal and hunter biden apologized and is pleading guilty to xyz down that path. stuart: that doesn't go down very well but it may happen as

you say. greg jarrett, the legal guy of the morning. put this in plain english. after four years no charges. why? >> the last name of the target, anybody else would have long ago been charged, and and it was incriminating evidence. what is troubling is it is a sweetheart deal when hunter biden would pay fines and penalties on tax evasion charges, probation, filling out a line on gun purchase but what

about the more serious potential crimes involving influence peddling, corruption, and they are serious felonies under the corrupt practices, they are registering, a foreign agent, it is troubling on several fronts, someone other than the person with the last name biden the at come would be dramatically different. stuart: in your opinion, and compromising in dealings with china. >> it looks like it, doesn't it? $11 million, he put a for sale

sign on his dad's office door when he was vice president of the united states. it is a crime to use your public office to confer a benefit in exchange for money. the evidence seems overwhelming that hunter biden was selling access in addition to potentially influence crimes. regardless whether there was an indictment, and was america's national security compromised to the chinese have the goods on joe and hunter biden and are they unduly influencing american policy to their benefit and against the interests of the united states, that needs to be looked into seriously. of the one we need to find out

conclusively because it has been dragged on. i know we will see you again. a related matter, president biden claims republicans are buying into chinese talking points. explain it please. >> the president claimed the gop bought into chinese, this party talking points against manufacturing legislation that promotes us-based and you faction, the president said china was actively lobbying against that legislation and some republicans took the bait. take a listen. >> president biden: china is trying to move ahead in manufacturing. it is no wonder chinese communist party actively lobbied against the chips and science act against the united states congress. the communist party of china is lobbying in the united states congress against passing this legislation and the other team

bought it. ashley: the president failed to mention significant bipartisan support in both chambers and did not mention his son hunter still owns a 10% stake in dhr partners which is controlled in part by state owned entities. hunter biden cofounded that fund in 2013 two weeks after flying with his father to beijing aboard air force 2. stuart: pure coincidence i would say. we will be back to you. 23 million californians will soon get their hands on inflation relief checks as gas prices surged beyond $6 a gallon. our california guy is steve hilton and deal with it all next hour. half of us say they are quiet quitting while on the job. our next guest claims to be a summer guru who can make quiet quitting disappear.

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serious allergic reactions may occur. watch me. stuart: half of us say we are quiet quitting while on the job. what are employers doing to fix this? lauren: trying to set new rules about working from home and are not that effective. i sat down with one executive consulting on how to have workers be engaged and work from home, doing this for 17 years. >> always had disengagement but now we are putting words and hashtags to all these concerns. >> reporter: expert say quiet quitting is about bosses, what employees want to. what do they want? each other.

microsoft ines 84% of workers say social connection is worth commute to the office. what employees say is not always what they do. >> they want to protect privacy in their time so the basis of someone talking with them they have red, green and yellow cars, green means come back. >> reporter: what about setting boundaries with your boss? is what some employees are asking them? don't reach out to me, i will not answer and if you want to get to me before 9:00, good luck with that. maybe you can, maybe you can't a. >> reporter: more subtle way to set parameters. >> are is, do not feel obliged to reply to this email outside of your routine working hours. >> reporter: provides a little bit of boundary setting. d risk sending the message that out of sight is out of mind or maybe just out the door?

>> connection connection connection. i'm very creative about that. i know holiday time, holidays are coming, it is about people and we confuse culture with place. >> reporter: culture is about people. >> my next guest claims he can make quiet quitting disappear. it will cost $15 a day. the progress agents joins me. you are on the speaking circuit. i give you two minutes, and tell me how to stop quiet quitting on the job. >> first, thank you for having me on the show, most differently quiet quitting can be curbed, and it comes down to

internalized reasons, shakespeare says strong reasons meet strong action. if we want anyone, customer or employee, a spouse to take strong action, help them internalize that. stuart: that is -- you are on the speaking circuit, you booked a speech about ending quiet quitting and that is what you tell them for $15,000. >> sometimes you charge more than that, i am sure you are more than 15,000. stuart: i was on the speaking circuit, but how is business. and >> the quiet quitting phenomenon has taken on, i

would say 1/3 of the bookings i get are related to that but employee engagement has been a topic. there's nothing earth shattering the new, we used to call it loafing on the job. stuart: that was interesting and fun. much obliged. the president seems to be moving toward the legalization of marijuana at the federal level, seems is going there. i think he is testing the political waters, announced a fundamental change before an election. and election in which is party is not doing well. i will talk about that in "my take" next. ♪ over $1.5 billion last year.

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>> we have major problems at the department of justice, if they think charging hunter biden for two of the least problematic things, that's not enough. >> october's inflation data, early indicators show a rise, a little bit of head wind. >> what is the timing going to be? looking forward we think we will slip into a recession. what we are thinking about is when do we