tv Varney Company FOX Business November 21, 2022 11:00am-12:00pm EST
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>> that will make an opportunity for house republicans in 2024 to actually gain seats as house democrats show their true colors. and it's not for the policies that'll move this country forward. >> i've been slamming bob chapek since he took over. he was handed one of the most iconic brands in the world, and he blew it. bob iger, who's been with the company for 40 years, i've own it for 30 years, and i'm thrilled about the move. >> i'm looking to tiptoe into tech, and i think we're seeing possibly the short sellers be done now with some of these big,
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big tech names. >> this week i'm going to sit back, i'm going to wait to see what the markets do. i'm not in a rush to do anything this week. ♪ don't need nothing but a good time -- ♪ how can i resist? ♪ ain't looking for nothing but a good time -- ashley: a great scene, fox square. all the holiday regalia out in the public. always a great time of year in new york city. by the way, it's 11 a.m. on the east coast on this monday, november the 21st, thanksgiving week. i'm ashley webster in for stuart varney. the dow off about a quarter of a percent, s&p down a half percent and the nasdaq down 1%. let's take a look at big tech, most are moving lower. microsoft hanging in there, up a third of a percent. but alphabet, meta platforms, apple and amazon moving lower, amazon down 3.if 33%.
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and and the 10-year treasury yield at 3.79%. now this, a bombshell new report shows political ideology and wokeness is weakening our military. senator marco rubio is one of the co-authors of the report, and he tells fox news digital, quote: rather hand making the case for american greatness and protecting our nation, the military is parroting woke nonsense. we need to spend more time thinking about how to counter chinese aircraft carriers and less time thinking about the pronouns. rob smith is a veteran, and he joins me now. good morning to you. >> good morning. ashley: the question is, do you think woke policies are weakening our military? you know, to rubio's point, we have much bigger things to worry about, right? >> we do. and i absolutely do think the woke policies are weakening the military. i got a look at this report. quite interesting because it really does system hatmatically
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break down exactly what has been going on the past couple of years implementing this woke stuff into the united states military. i'm a decorated iraq war veteran, served very honorably, and the point of the military is to protect and defend america. it's not to recognize pronouns, it's not to, you know, sort of have this woke ideology. but my question to senator rubio and representative roy is, at this point we have known that that these things have existed for a while. we haven't had this sort of document that that a lays it out for us, but my question is now that republicans have the house of representatives, what are we going to do about this in terms of trying to root this stuff out of the military? ashley: right. >> so this is only step one. and we have been speaking about this stuff ad nauseam for years at this point, so it really is time for some action from republicans now that a we have a little bit of power to see how we are going to fix this. ashley: a i mean, what does it do to morale among the troops,
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do you think? there's got to be -- majority must think, what the heck are we doing here? we've got other things to worry about. >> yeah, hay do. you know, i get facebook messages and dms from soldiers all the time that are actively serving, and they a really do feel like they're just not able to do their jobs because every other day is diversity training, sort of all of this stuff. and you have to understand that the military doesn't come together as a cohesive unit by just honing down on the differences of the soldiers. it is about pushing those differences to the side and coming together to create something that is sort of, stands on its own. ashley: very good. all right. got another issue for you, very sad one. a gunman killed 5 people in a colorado lgbtq nightclub and, rob, you have a personal connection to this story, right? >> i do. so i lived in colorado springs for years after my service in the military it's no secret that
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i'm a gay man, and club q is somewhere that i frequented. and i have to say that we should all have the families of the victims in our prayers right now. this is an absolute tragedy, and no gay or lesbian american deserves to feel unsafe in a, you know, in a situation like that and just being at an lgbt nightclub. but i want to say this, ashley, there is a sort of far-left activist contingent that will stomp over the blood of these dead bodies in order to push their agenda whether it is a gun control agenda, whether it is an agenda to bully and shame the people that are speaking up against drag queen story hour, against the suchization and grooming of children that is coming from these sort of circles. and what i will say is that the people that are speaking up against this stuff -- including the medical transition of children -- the people who are speaking up against this stuff, do not let these far-left lgbt
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activists bully and shame you into silence and sort of emotionally blackmail you into thinking that the tragedy that happened is somehow your fault because you spoke up against this. it is absolutely not true. so do not fall prey to that emotional blackmail. i play for the victims -- pray for the victims, pray things like this stop happening, but there are the people speaking out, and they should not be bullied or manipulated by this tragedy into silence. ashley: has this been going on for some time, rob? the extreme far left pushing an agenda like that? >> this has been going on, i would say, ashley, for at least the past 5-7 years. when marriage equality for gays and lesbians happened, it was the end of an era, right? so there is a large sort of contingent that needs to feel oppressed and victimized, and that led to all of this stuff about transitioning children,
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all of this drag queen story hour stuff, all of this gender-culled ideology that is purposed in public schools. -- pushed in public schools. at some point it became about children, and it made a lot of people deeply uncomfortable including people like myself. and just to put a button on this, this is not particularly a conservative issue. there are many liberal gays and lesbians that are against that stuff, but they're afraid to speak out because they're being sort of bullied and manipulated by the activists that want to use this tragedy to silence people. a. ashley: well, i'm glad we got to this subject. rob, thank so much for joining us this morning. >> thanks a lot. and thanks for giving me the opportunity to talk about this. ashley: absolutely. always. thank you very much, rob. let's check the markets. we've been down across the board but nothing too drastic. the dow, nasdaq and s&p all in the red. s&p down half a percent. let's bring in our markets guy,
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greg smith. good morning to you, greg. >> good morning, ashley. ashley: do you -- good morning. do you think crypto can recover from the ftx scandaling? >> in a bear market, we quickly realized the emperor may not have any clothes on. we saw it in 2008 with bernie madoff and today with ftx. and it might be too early to know if ftx was a fraud or a ponzi scheme or just poor management. but pretty quickly overnight we sue it -- saw it from being the hot girl at the dance to almost akin to an invite from harvey weinstein at an oscars afterparty. investors are uncertain if companies they're the involved with, what-part exposure -- counterparty exposure they may have. sitting here today, we just don't know the extent of how much and how wide this contagion will spread and what other players will be exposed and
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pulled under. i think there's a lot of nervousness, and it's going to be a challenging go ahead. ashley: it certainly is. i find it fascinating, you say tesla is going to go the way of beyond meat. now, beyond meat was, what, 2-300 a share, came all the way down. you think that could happen to tesla. explain. >> looks, tesla's a great company with a great product, it has a visionary leader who's a cross between willy wonka meets walt disney and thomas edison -- [laughter] and they've had a lot of cheerleaders that are now getting carted away. we're finally beginning to witness the stock begin to break down, make new lows, and i think there's a fundamental shift coming. this company traded with an incredible scarcity premium as they were market leader, one with great electric cars, but now we're seeing every other automaker jump into the game, and there's so much more competition coming. you look at beyond meat which
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went public a few years ago at 25, traded up to 220 and is now around 13. i think we could even see a trade or tesla under $100 next year, and it's a pretty bold statement to say. but i know since they went public in 2010, most bears have gotten carted away and ended up in the graveyard, and i might be buried next to them in the months to come. but it seems like this is the time. elon's very distracted with other things going on, and i just don't think their multiples are sustain. also against the back crop of falling energy prices -- back backdrop of falling energy prices, how much savings is one going to get driving an electric vehicle? ashley: that's a good point. >> we might start to see that now final he with tesla. ashley: we're out of time, greg. as always, thank you so much. always great and colorful commentary today. we do appreciate that. i'm going to -- thank you.
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bring lauren back in. you have some movers. starting with royal caribbean. lauren: they're down. carnival is too. both cruise lines, ashley, are bringing back masks on some sailing out of australia and new zealand. i know. we're so past that, right? i think if you told most people, they would cry. and i doubt they're going to want to take a cruise knowing that some sailings you're going to have to mask up all over again. let's look at tesla once again. you were talking about this, i want to talk about the recall angle. there's been 19 tesla recalls this year, the latest over taillight issues, one last week over the deployment if of the airbags. look, they're fixed via software patches, but previously it was the very rare to hear about a tesla recall. and finally somed good news, diss disney supporting the dow, up 7%. investors are cheering the bombshell news that the the
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iconic bob iger is returning as ceo. bob chapek is out immediately. he just resigned his contract which makes it even more amazing. and when chapek was leading this company, we saw disney's stock fall 28% in the two plus years as the dow rose about the same in that same amount of time. and that's all investors needed to hear. and last earnings report disny +lost $1.5 billion. ashley: right. it's still a shocking move. nasa, let's move on into space. it's making some big moves in space today. how to close did they get to the moon? lauren: orion came been 8 -- within 81 miles of the surface of the moon traveling at 5100 miles an hour. this was the closest fly-by that we've seen yet. it's going to stay in that orbit for about a week. nasa has hopes of sending humans back to the moon. they want to build a permanent
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lunar outpost which could become a steppingstone to mars. ashley: i love all that stuff. all right, lauren, thank you very much. now this, the president is about to pardon two the turkeys. they're the being spared from the thanksgiving table. aren't they happy about that. we're going to tell you what happens to them after the pardon. hopefully, a happy, full life. a democrat admits that donald trump was actually right about tiktok. roll the tape. >> i think donald trump was right. i mean, tiktok is a enormous threat. so if you're a parent and you've got a kid on tiktok, i would be very, very concerned. ashley: well, how about that, he agrees with donald trump on something. vivek ramaswamy will take that on. by the way, ticketmaster apologizing to taylor swift fans, but it may have bigger problems than just the swifties. the justice department is opening up an investigation after that ticket fiasco. the report from capitol hill is
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>> i cannot express how unbelievable it is to me that i still get to do this and that you still care. [cheers and applause] so thank you underlined with 13 exclamation points. i don't know what to say, i love you. [cheers and applause] stuart: that was taylor swift, dominating the 50th annual american music awards. swift was nominated for 6 awards, she won all of them.
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she is now the first artist to earn 40 american music awards. michael jackson, by the way, in second place with 26 career wins. she is a force, no doubt. and, by the way, ticketmaster is apologizing to taylor swift fans after they canceled the general ticket sale for her upcoming tour. they called it off after those major problems with the concert presale. well, hillary vaughn is on capitol hill this morning. hillary, we know the justice department is opening an antitrust investigation, but now democrats want a hearing on the ticket fiasco as well, right? >> they do, ashley. and ticketmaster is going on the an apology tour for the system that left many fans empty handed. they're trying to fix bad blood between themselves, the top star and her fans. a new bar that has been set by demand for the eras tour, once we get through there, if there
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are next steps, it will be done so accordingly. we know we can do more to improve the experience, and that's what we're focused on. ticketmaster saying it was a combo of bot attacks and just a lot of fans leading to unprecedented traffic on their site, 3.5 billion total requests, 4 times what their previous peak was. based on that volume, swift would need to perform over 900 stadium shows, a show every single night for the next 2 and a half years for everyone who tried to see her lye. but it -- live. but it may be too late too late -- too little too late. congress nancys linney thinks the doj who has opened their own antitrust probe, should break them up if they can't fix them. >> i wrote a year ago to the department of the justice the -- department of justice to ask them to look at again.
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they should either impose additional conditions to restore real competition in this marketplace or unwind this transaction so that it no longer customers will be taken advantage of this way and prices be outrageously high. >> reporter: and, ashley, there will be a hearing on the senate side. senator amy klobuchar announcing that will be, that is to come. and she'll also be looking at their extremely high prices and their hidden fees as well. ashley? ashley: all right. hillary, thank you very much. by the way, elon musk says he has restored ye west's twitter account and, lauren, i guess the burning question of the day, has ye tweeted anything? lauren: two tweets. the first, testing, testing, seeing if my twitter is unblocked. it is unblocked. [laughter] then, shalom, smiley face. which means peace in hebrew. sent out -- those out to his 32 million followers, but he was booted last month for
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insensitive comments made by -- about jewish president. he also says running for president in 2024 and his campaign manager, he made controversial comments about pedophilia and also an intern for congresswoman marjorie taylor green. so those two fireballs are them thing up for a presidential run. ashley: never a dull moment, that's for sure. lauren, thank you very much. democrat senator from virginia, mark warner, by the way, says donald trump was right about tiktok. roll it. >> i think donald trump was right. i mean, tiktok is a enormous threat. so if you're a parent and you've got a kid on tiktok, i would be very, very concerned. all of that data that your child is inputting and receiving is being stored somewhere in beijing. ashley: vivek is ramaswamy join joins me now. good morning to you, vivek.
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does tiktok pose a substantial threat, as we just hard from mr? >> i think it does. i'm glad this is now a bipartisan issue. i personally think has the number one piece of donald trump's legacy that will matter to this country, is an awakening to the threat that china poses. and i'm glad, frankly, to see the democrats have adopted this as part of their policy perspective as well. but the bad news, ashley, this is not limited to tiktok. this is how china views global businesses period, as pawns to advance their jeer e geopolitical agendas. tiktok is a chinese-owned company. guess what? there's equally terrifying things happening even with american companies like airbnb that turn over the data of u.s. users as a condition to do business in china. china has this view, the ccp has this view that you have to earn your social license to operate in china. one of the conditions of that social license is actually to hand over data of u.s. customers
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even though the u.s. has, at least for the last 30 years, behaved according to norms that pretended we were operating with global capitalist norms when, in fact, china was playing a geopolitical game with our companies as a condition for doing it. ashley: i have another one for you, vivek. the biden administration has granted the saudi crown prince immunity in the khashoggi trial, and republican senator tom cotton agrees with the decision. take a listen, i'll get your thoughts. >> the administration cited this week in granting sovereign immunity is in keeping with the practice, the custom of lawsuits involving foreign heads of state. it would have been a major break of those customs to not grant that kind of immunity. ashley: vivek, do you agree with this move? >> i don't necessarily agree with it based on biden's own stated objectives. i mean, the real issue here, ashley, is that president biden is still licking mbs' feet to produce more oil when, in fact,
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he could just be making it easier for american producers to do it here at hole. so the fist bump diplomacy and the way that begs dictators abroad is really just a way of making up for america's own energy insecurity. he was elected to turn them into a pariah, he's defacing himself and the united states on the global stage, so i respectfully disagree with both senators cotton and biden on this one. ashley: vivek, fabulous to have you today. always great stuff. really appreciate it, thank you. >> thank you. ashley: all right. members of the air force are being awarded for a hoe row -- heroic act performed during the afghanistan evacuation. lauren, what are they ben being awarded for? lauren: they helped deliver a bain baby on one of those flights. members of the crew were conducting evacuation flights in afghanistan when a woman onboard
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went into labor. captain leslie green, who was an air force flight nurse, jumped into action, helped deliver the baby. they're going to receive the distinguished flying cross. i think it was of 2 the 70 children lined up to get on that one evacuation flight, and it landed with 2701. [laughter] -- 271. stuart: well deserved award. lauren, thank you. now this, budweiser can no longer sell beer at the world cup, but they're not letting all those drinks go to waste. their new plan for the now-illegal beers. the largest rail union in the country just rejected a new labor deal. that means we could see a rail strike right before the holidays. stephen meyer will take that on next -- stephen moore will take that on next. ♪ baby, this is how we roll ♪
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pardoning two lucky turkeys from the thanksgiving dinner table. there's the president. mark meredith covering all of this, joining us from the white house. what happens to the turkeys after they're pardoned? >> reporter: well, ashley, they get to goly a good life. some of them end up in petting zoos, but not on anybody if's thanksgiving table. [laughter] good morning to you, buddy. obviously, les a lot of focus on the holidays this week. [laughter] the you are keys are being run up onto the platform right now. it's one of those things that you just don't see every day here in d.c. and while pardons can be controversial, this one noters inly going to get any -- necessarily going to get any pushback. we've been talking about the christmas tree coming in a little bit later on today. there's also going to be a focus on higher prices because consumers, unlike these turkeys, they can't escape their fate. the american farm bureau has a
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new report detailing the price of thanksgiving this year, and they are seeing costs upwards of 20 the % compared to a year ago. essentially, another $10 is per person compared to what they were paying just a year ago off of that, so you can imagine for consumers what they're having to deal with. the president noted the economy is still top of mind for many americans, and he said he believes higher prices gripping consumers, that they're not going to last forever. >> gas prices are down. but it's going to take the,st going to take time to get inflation back to normal levels as we keep our job market strong so we can see setbacks along the way, i don't doubt that. but thus far we're in good shape. but we're laser focused on that. >> reporter: "the wall street journal" reports that businesses are also concerned, it says consumers and businesses are trimming spending plans for gifts, charitable contributions and holiday events. the penny pinching threatens to spoil the year enfor many especially firms and nonprofits that tally their largest share
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of sales and donations in november and december. so at the same time we're hearing from the white house that the economy is going to have a soft landing, you're also seeing what's happening with consumer spending. but a live look here on the south lawn, ashley. the president getting ready to offer that official pardon, and it's actually a pretty large crowd out here today, so i would imagine you'll be hearing a lot of cheering here in a second. not bad for these two the turkeys, start their vacation a little early. stuart: at least it's not a dining room table. two very lucky turkeys. great report, mark. love it. thank you very much is. all right, let's check the markets. come back in here, susan li. you have some movers for us. [laughter] susan: those are big and pretty turkeys there. apple, so we have a report from these saying iphone 14 and those wait times might be extended to 5-6 weeks for the top of the line pros and the pro maxes even in china. so you have the zero covid
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lockdowns on the largest iphone assembly plants, that means longer wait times, and we already have reports shipments here will be delayed until after christmas. but here's the thing from the stock perspective, apple's still not adjusted their sales guy dance for the holiday period. -- guy dance. they're still predicting sales up a little bit from last year's monstrous record, $139 billion in 3 months. incredible, isn't it? let's show you crypto because we do have some contagion concerns and what is the next shoe to drop, and that does include the world's largest bitcoin fund, gb tc for short, they are refusing to share proof of reserves, and that's a problem after the ftx scandal. there's a deep mistrust. also gray scale's parent has to plug a billion dollar hole in its sister companyien genesis holdings, by today. and reports say they are having
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a hard time raising that cash, and they might have to unwind gbtc as a result. all of their concerns about cross-subsidiary funneling of funds without the users' knowledge, so they want absolute transparency in this case. ashley: very good. susan: yeah. ashley: coinbase down almost 9%. susan: i'm so used to stu interjecting, so i just stopped myself -- [laughter] ashley: i know. susan: three covid deaths in beijing, and that means more lockdowns, less spending. that was a hit on consumer news there. ashley: all right, very good. i'm never going to interrupt you there, susan. when you're on a roll, i get out of the way. [laughter] susan: those turkeys were so pretty. ashley: thank you very much. yeah, right? okay. atlanta's fed president says it's time to move away from large interest rate hikes and let the economic dynamics play out. what a concept.
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stephen moore joins me now. great to see you. do you agree with boss tick here, is it time pivot, let the market or economic dynamics take over? >> well, maybe it's time to slow down a little bit with the rate hikes, but i still don't think we're out of the woods, ash, when it comes to the inflation. my goodness, you just showed that inflation from last year year's thanksgiving, 20% for -- and, by by the way, every time i'm on with stuart and i say we have 8.5% inflation, i get so much angry mail saying it's not, it's 10, 15, 20 because the essentials that people have to buy, the food, the gasoline, the home heating, those are up by way, way more than 85%. we are -- 8.5%. the fed has to do at least one or two more rate hikes, then we'll see where we're at. i to think inflation is coming down a little bit, we may hit the 5-6 range, but that's still way above the fed target.
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ashley: please don't send angry e-mails to stephen moore. [laughter] we're going to move on quickly, stephen. one of of thest rail unions rejected the late proposal which means we could see a rail strike in the next few weeks. what do you make of that? >> well, you think inflation's bad now? wait until we have a rail strike. i mean, so much of the goods and services that we purchase are delivered on rail. if that strike happens, the supply chain problems, obviously, are going to get much worse. pleasure you've got a lot of lay labor unrest right now because of the very inflation problem that we've been talking about. you know, when people, people's wages go up by 5% and their inflation, their cost of buying things goes up by 8-8.5%, they lose money. they've lost about $3-4,000 this past year. so it's not surprising that you're getting a lot of unions that are kind of angry at their employers because the wages are not keeping up. but in terms of the overall
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economic impact being extremely negative if this happened, and don't forget what's the alternative to rail? it's trucks. guess what? have you seen what's happened to the price of diesel? the diesel price has doubled. so those are real transportation problems, and they make the supply chain problem much worse. ashley: hopefully, it won't come to that. stephen, thank you so much. really appreciate your time today. thank you. >> have a great thanksgiving. see ya. ashley: thank you, you too. by the way, we're paying an average 43% more on plane tickets this holiday season, but those higher prices certainly not keeping people home. millions of us sill travel this weekend. we're going to get a lot of company on the road and in the air. we'll break down the numbers for you. meantime, right now team usa gearing up for its first match in the men's world cup facing wales at 2 the p.m. eastern on fox. we've got the preview from doha, qatar, next. ♪ ♪
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ashley: fox kicked off the 2022 the world cup with a ribbon cutting to the new fox sports skybox. alex hogan is there in qatar. the u.s. kicks off its first match today against wales, but things got a little scary yesterday. what happened? >> reporter: or it did, ashley. so we've seen so much is happen just since last night when the world cup officially kicked off. and as you mentioned, the u.s. will have its first match today, kickoff is at 2 p.m., but you can start watching all of it on fox sports at 1 p.m. and earlier in the day we had the opportunity to go just outside of doha to see the military base in doe that for
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the reopening of a new wily-revamped fox sports sky bar. and ceo lachlan murdoch thanked the service members, and he participated in a ribbon cutting there for this venerating -- renovated venue, a space for people far from home to unwind and relax. about 8,000 u.s. service members are are currently stationed in qatar. >> it's actually the second time i've been here in just about a year. but it feels like i've been meek much more often. i feel, you know, a connection with the air base deep or and more significant only two visits would suggest. >> reporter: and as the world cup kicked off last night, a dangerous turn of events. but 80,000 people made their way to the feoff fifa fan festival, but it was only built for half of that number.
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riot police showed up, and pans were shoved, corralled into pens. you could hear people shouting, and there were a lot of parents physically protecting their kids s. so we have been seeing more and more people come many here to celebrate their country. and in an interesting urn of events today when iran played england at the beginning of the match when the national anthem is typically sung, the iranian players did not participate in singing their national anthem which is being seen as a sign of solidarity and sanding with the protesters back home from what is taking place in their country. the u.s. will play england on friday and hen iran next week. can and then iran next week. ashley: alex, thank you very much with the latest from qatar. the american gaming association, by the way, estimates over $1 billion will be with bet on the world cup. that's a lot of money. lauren are, how many people are police station bents this year?
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lauren: 20 billion americans. nearly $2 billion, 1.8, to be exact. so this is the first world cup since the supreme court's decision to end the federal ban on sports betting. so you have, like, 132 million americans live living in states where they can legally bet, and about a fifth of us are doing to do so legally. ashley: budweiser came up with an alternative plan after qatar a banned alcohol at the world cup in the stadiums. what is bud riser going to do with all the extra beer? lauren: just give it to the country that wins. they tweeted this photo of all the beer at one of their warehouses. ashley: a wow. lauren: yeah. you know, they have to store that now because it can't be drank in the stadiums, and they spent $75 million on the world cup sponsorship. i was thinking about it, there's no breweries in qatar, so they
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likely shipped it via sea, then had to refrigerate it. i mean, this is expensive. to be told 48 hours before the game, the world cup began that they would be banned, i wouldn't want to be bud budweiser, ashley. ashley: absolutely ridiculous, in my opinion. at least someone's going to get it can -- lauren: who's the winning country though, many your opinion? warren ash well, that's it. i think it's going to be brazil or ap argentina. how about you? lauren: got it. brazil and argentina sounds fantastic, ashley. i'll second you. ashley: all right, there you go. lauren: you know what? brazil. there, i said it. [laughter] ashley: well done. team usa, by the way, plays wales in their first match today, 1 p.m. eastern on fox and the fox sports app. do not miss it. more than 2.5 million people will board planes the sunday after thanksgiving, but are
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airlines ready for the holiday rush? i'd like to say probably not, but anyway, grady trimble has the report from o'hare airport in chicago next. ♪ oh, there's no place like home for the holidays -- ♪ 'cuz no matter how far you roam -- ♪ nicorette knows, quitting smoking is freaking hard. you get advice like: just stop. go for a run. go for 10 runs! run a marathon. instead, start small.
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. ashley: 55 million people are expected to travel for thanksgiving this year, and i give thanks that i'm not going to be one of them. grady trimble, though, he's at chicago's o'hare airport. grady, this could be, right, the busiest thanksgiving ever for travel? >> reporter: one of the busiest, probably the third busiest since aaa has been tracking thanksgiving travel more than who decades, they've been doing that. and i am also thankful that i won't be flying from o'hare today or at all this week. but, yes, there are the some questions about whether the airlines are ready to handle the holiday rush especially after those mass flight delays and cancellations in the spring and summer. even though almost as many people are flying as in 2019, the airlines have cut routes because of staffing shortages, pilots, mechanics, flight attendants, you name it.
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the smaller supply combined with strong demand and high jet fuel prices means you're paying more this turkey day. ad hopper says airfare for a domestic flight up 3 -- 8% to $380 for a round trip. hotels are more expensive as well, but the people we talked to today said they don't mind paying it because they want to get out. >> saving some miles, preplanning, trying to find the most cost effective flights. it's a little bit different and tougher this year. >> before it's, like, $200. but now, like, it's 6, 7, $800. >> reporter: transportation secretary pete buttigieg will be here today talking infrastructure and those staffing shortages we mentioned but probably too late to make any difference this thanksgiving or christmas. ash? [laughter] ashley: a i think you're right. grady, thank you so much. great stuff, as always.
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joining us now is andrea carter, owner of the ramshead inn in shelter island, new york. andrea, you think people should hop in the car and travel local year. is that what you're seeing at your inn? how's business? >> oh, business is wonderful, thank you. and, yes, we're seeing a lot of people hopping in cars. they really don't want to take the risk of getting bumped off of a flight. and sometimes it's just hard to coordinate so many of your family members getting together by air. so we're seeing people hopping in cars and joining a few hour drive away at our place, the ramshead inn in shelter island, new york. ashley: yeah, beautiful part of the world. we talk about inflation every day, the high costs of everything. for you, how has it impacted your business, and have you been forced to raise prices? >> really not much. we've really tried to be very sensitive to the traveler. it's better for us to have more people come and try to keep our prices, you know, achievable
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than to price people out of the market. we're having, you know, a big, huge bountiful buffet for thanksgiving, and we're really keeping it at a price so many people can afford by coming by car. ashley: all right. well, we're already out of time. i'm sorry it was so short, but we're glad we got you in, andrea. anyone watching, get out to ramshead inn on shelter island. thank you very much. by the way, there are two new episodes of "american built" that are out tonight. he's a preview of the grand hotel. talk a look. >> the pressure that he was under was unbelievable. stuart: an unprobable plan, an impossible timeline. >> i can do that in the 90 days. >> everybody thought we were crazy. stuart: the guts, the grit -- >> freezing! stuart: -- and the glamour. >> oh, mix -- pick me, pick me.
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>> incredible change. stuart: how they built and saved mack gnaw island's grand hotel. >> it was a monumental task. ashley: you've got to love it. "american built," by the way, airs tonight starting at 9 p.m. eastern time right will with stuart varney. all right, it is time now for the monday trivia question, a timely one. on average, how many turkeys do americans prepare each thanksgivingsome -- thanksgiving? ooh, that's a lot, isn't it? the answer is right after this. think about it. we'll be right back.orwa ♪ is overwhelming. but i never just found my way; i made it. and did all i could to prevent recurrence. verzenio reduces the risk of recurrence of hr-positive, her2-negative, node-positive, early breast cancer with a high chance of returning,... as determined by your doctor when added to hormone therapy. hormone therapy works outside the cell... ...while verzenio works inside
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ashley: okay. i think i told you to think about it before the break we asked on average how many turkeys do americans prepare each thanksgiving? there are your choices. all right, lauren, what have you got? >> 46 million. ashley: i was, i will go 49 million. let's see what the answer is? bing, bing, bing, with a gobble. it is 46 million. you were right. by the way -- >> you were going to go with that. ashley: 22 million turkeys, 22 million turkeys are prepared for christmas. this time of year is not great if you're a turkey. david asman in for neil cavuto today. take i
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