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tv   Varney Company  FOX Business  December 1, 2022 11:00am-12:00pm EST

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>> the fbi under donald trump went to twitter and went to facebook and told them that they should suppress these stories. donald trump's own administration was trying to prevent him from winning. this is the insanity of woke corporations. i think that's a really big deal
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, that inflation data that came out this morning. i do think what it speaks to is a turn that the worst is behind us. i think we already had a recession. >> just watch the 10-year yield there's a direct correlation with the movement in that, also the dollar dropping against other currencies has been doing the trick. so far so good and nothing but improvement so far. >> i think 2023 is going to be a tough year because the fed so late to the game raising rates, destruction that we could see next year could be very real , if consumers slowdown. you could jump right in, let the music pull you in ♪ ashley: always love that picture , lady liberty in new york harbor standing there, proudly on this thursday morning the very first day of december. hello, everybody.
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it's 11 a.m. on the east coast, and it is december 1. i'm in today for stuary varney. let's get right to the markets where we've seen the dow down more than 1% coming back a little bit but still off 291 points, the s&p down ever so slightly, the nasdaq also up ever so slightly. let's take a look at those big tech names for you. most of them in the green. meta, alphabet, apple, and amazon all, though meta platform s up 2%, microsoft has been down half a percent since the opening bell. take a look at the 10-year treasury yield. we had seen that kind of modified, just a little bit, down slightly 2.2 basis points, or thereabouts, 3.58% as we had some muted inflation data earlier today, which has helped to bring that yield down. all right let's get to this story. ftx founder sam bankman-fried addressing fraud accusations. listen to this. >> i didn't ever try to commit fraud on anyone. i saw it as a thriving, growing
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business. i was shocked by what happened this month. that feels pretty embarrassing in retrospect. ashley: he doesn't exactly inspire a whole lot of joins me now. great to see you charles. charles: you too, ashley. ashley: do you believe anything this guy says? i mean, he looks like, he wouldn't even look in the camera directly for much of what he was talking about yesterday. charles: i got two answers for you, hell, and no. [laughter] ashley: [laughter] charles: you gotta be kidding me so i posted on my twitter handle a meme of the old the usual suspects movie, if you remember when the guy, you know, he started, his foot was sort of crooked and then he straightened it out in the end. that's what this is. this is a major major act. it was a softball interview. it was embarrassing that he got an applause afterwards, even when he joked around about having a bad month. well you know what?
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some of the people you ripped off will have bad lives, so, you know, i just don't like the fact he's been vetted. he should be doing that from behind a plate glass or inside of a jail cell somewhere, so it was despicable, ashley, just completely despicable. ashley: yup. all right, i want to move on from that. let's get into what fed chair jerome powell said. he said the central bank will begin to "moderate" the pace of rate increases going into next month. we know they were late to the party taking that punch bowl away. is this going to curb inflation? how are we doing right now, and when do we see the other side of this? charles: you know, we were just talking about the session right now, and you know, how we opened , the reaction to some of the data that came ought after 2:00, and i think inflation is going to obviously start to pullback a little bit. i don't know how long it takes to get to 2% that magical number and that won't happen overnight, but we're seeing some real disruption and it's moving on
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just beyond housing. you know this morning challenger & grey, they had lay off numbers up 400% from a year ago and it's not just technology so we're really seeing widespread disruption. the federal reserve i think what moved the markets yesterday was the softest landing part of it. today when we saw the ism number and how fast its came down maybe we won't get a soft landing and i think that's what's scaring the market a little bit. a little bit today. ashley: what about you, charles? putting money to work, so much cash on the sidelines burning a hole in some people's pockets. takes a brave person though to jump in in this environment. charles: yeah, you know, i'd put a fair amount of money to work in june. i bought four stocks. i only remember two of them, etsy and roblox, i don't remember the other two i bought but when i buy these things i put them on the shelf and don't try to think about it. i just hope a broker calls me up in a year from now and says your up 200%. for my subscribers we've got about 85% in markets but we've been a little bit more nimble. i've been taking ideas off the
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table faster than normal but , you know, we're going to, listen we're going to come out of this and the stock market is going to come out before the economy does and that's the most important thing people need to remember. remember in 2020, every time we talked about a v-shaped recovery people say there's no way the markets will be up. we're getting crushed, the world is shutdown. the market was looking ahead about a year ahead of everyone else and the market was right. ashley: always talking great sense, charles, i love the purple jacket and tie. it's very regal and by the way, my friend, we'll be watching you on "making money" 2:00 p.m. eastern time everyday. it's a great show, and of course , be sure to catch charles town hall on small business survival. great topic. that is coming up on december 15 charles: thanks so much, ashley. ashley: thank you for chatting with us. now this , karine jean-pierre claims president biden has been to the southern border. i can't do it with a straight
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face. listen to this. >> so look, he's been there. he's been to the border, and since he took office. reporter: when did he go to the border? >> since he took office president biden has been taking action to fix our immigration system, and secure our border, but, you know, we're not seeing that from republicans. we're not seeing a willingness to work with us on, you know, fixing a situation that's been around for a decade now. ashley: she was almost smiling when she said it too, kjp. ben domenech joins me now. i mean, ben, we know that joe biden hasn't been to the border. why the bold face lie? >> karine jean-pierre is so bad at her job. it's like she's trying to be bad at it. it's kind of amazing that she does it this way but she really does tell these kind of lies repeatedly to a press that has to sort of chuckle over the fact that they know that they are being lied to in that moment. i don't know why she chose to lie in this way, on an issue
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where, you know, we've established that joe biden has basically avoided the southern border like the plague, you know , not just in terms of his career in the white house, but in terms of his career as a senator as well, and it's something that i think it's just a blind spot for this entire white house, this entire administration that would really prefer that they didn't have to deal with any of the ramifications of the policy choices that they've made when it comes to the border and that alejandro mayorkas has been so terrible at actually implement ing when it comes to the dhs policy involved and i just have to say, ashley, i have to apologize for not being anywhere near as regal as charles payne just was. ashley: [laughter] he's tough competition, but you look just fine, ben, thank you. let's get on to this one, another, you know, crazy one. joy reid comparing neo-nazi nick fuentes to the current republican party.
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listen to this. >> the problem is the rest of what fuentes just said, to me that doesn't sound different than fundamentally what the party platform is. they don't believe in elections. they don't necessarily like the idea of democracy. i just, i see a very small degree of difference between what he believes and what they believe. ashley: you know what? i mean, that's just an outrageous statement and so false. what say you? >> well, it's absolutely false, but here is the other thing that joy reid and her fellow leftists should be concerned about. you know, republicans have typically lost the hispanic vote by double-digit margins going back for a very long time, in mid-term elections they typically averaged democrats have won the hispanic vote by about 36 points. this past mid-term election, republicans cut that in half. they essentially, you know, hal ved the gap that they had with hispanic voters in america and hispanic voters are trending
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increasingly republican, so when you hear the left engaging in this kind of racist rhetoric about the idea that the republican agenda, you know, is something that is essentially nazism or fascism or something like that it's actually a sign of their desperation to hold on to the coalition that they took for granted for so long. ashley: all right, i want to get to this quickly, ben. elon musk says twitter is interfered in elections and here is what he tweeted. he said exactly, the obvious reality is long time users know, is that twitter has failed in trust and safety for a very long time, and has interfered in elections. twitter 2.0 will be far more effective, transparent and even- handed. ben, do you believe elon's twitter will be more transparent >> i think it will, and i think that he, you know -- look, elon is kind of approaching this as he does with everything which is that he throws a lot of things at the wall and sees what sticks, but i certainly think that when it comes to interfering in elections by trying to mute
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stories down, things like the hunter biden laptop story, i think that elon's twitter is going to be much better and much more effective at allowing people to actually share stories that they care about as opposed to shutting down their ability to communicate, which is what we should all view as being a very good thing in this era of where we have a need for free speech. ashley: absolutely. you know, they are just so frightened of free speech they really are. ben, thank you so much for joining us, sir, this morning always a pleasure, thank you so much. >> great to be with you. ashley: okay. great to be with you. let's take a look at the markets now. we know the dow has been down some more than 300 points now. come in, lauren. you're looking at some of the movers. let's begin with costco. lauren: well, monthly sales slowed in november from october. that's not good going into the holiday quarter when you buy a lot of stuff in bulk for your holiday parties. stock is down 6%. they also said that online sales which were a bright spot, they fell 10% in the quarter. etsy, a winner, charles likes it
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, the street likes it today at four and one-third percent. btig raised their price target to 137, but it was from 119. they did a post-black friday survey of 200 users and found shoppers are more active onset etsy than they expected and they expect to spend 18% more this holiday season than last year. we don't always do what we say but the fact they are saying it is boosting the stock. victoria's secret, downgraded at jpmorgan. they say they are low-to-middle income core customer demands discounts because they are struggling financially, plus competition from kim kardashian for instance. they also reported third quarter numbers all over my instagram account. third quarter profits and sales fell. ashley: down 6%. all right, lauren, thank you very much. now this. an aspiring comedian is going viral for trying to survive in new york city with just 100 bucks a month.
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what? he's on day 28. i'm going to tell you how much money he has left today. not much. janet yellen is sounding the alarm about national security concerns at tiktok but the app ceo insists the data will be kept out of china. uh-huh, we're on that. and people in kyiv are living in fear, waiting for the next attack from russia. ukraine's capitol city hasn't been hit in over a week but they are stockpiling emergency supplies in case russia knocks out power again. the report from kyiv is next.
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ashley: president zelenskyy says ukrainian forces are preparing for an even more powerful counter offensive. jeff paul is in kyiv this morning, joins us now. hi there, jeff. what's the latest from ukraine? oh, we lost him. okay, well let's move on here. i guess you know who we have here. we have rebekah koffler with us, we'll try and get back to jeff. i want to take a look at the latest op-ed that rebekah penned. it's very good and entitled " putin's regime collapse is largely wishful thinking by western observers and media" and goes on to say the current state of descent among russians is not likely to result in a popular up rising against putin. it was a great read. the author of the piece, rebekah koffler, and she joins me now. rebekah, great to see you. let's begin right with the premise. why we will not see a putin regime collapse. we know there's been some internal criticism, but you say not enough to bring down the putin regime.
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>> so there are three potential ways of getting rid of putin. one is a massive internal protest and military coo and rebellion within the putin circle, and the probability of either of those , any of them, is extremely low. first, there's no critical mass for a massive popular unrest. the russians are quite used to all of the , you know, the mess, the shortages, the mobilization snafoos. culturally, they are quite tolerant with government control , who lived under it for 70 years during the soviet socialist system, and look at it this way, ash. in our own country, we have a mess created by president biden and his wreckless policies. inflation is soaring, food prices are skyrocketing, crime is out of control. nobody is going on the streets. you know, nobody is protesting
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except perhaps the railroad workers, so there's no way to remove biden, and so unlike the americans, the russians are actually quite used to this type of situation and putin's approval rating is still at 75%, even though it dropped eight points from march, and the people who developed the war fighting strategy are all around , they coalesced around putin. he didn't do it by himself. the putin circle is extremely small and these are loyal people and some of them are even more brutal than putin, and you can read the rest in the op-ed on the details in my argument. ashley: so as we head into the winter, the temperatures are already dropping. the snow is flying. what is putin's aim now? you know, he's gone to mobiliz ing forces that we
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haven't seen since world war ii, but how does this play out over the next several months? >> so right now, putin is planning to freeze this conflict , both figuratively and literally. 80% of ukraine infrastructure right now is destroyed, so this is the result of a very specific war fighting strategy. it has caused strategic operation to defeat critical infrastructure of the adversary. what he's trying to do is deprive ukrainians from heat, from electricity and from drinking water, and he has been successful at it, and so eventually, what he's hoping to do, is once we continue deplet ing our own weapon supplies, because we are now about 19 billion short as far as weaponry that is bound for
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taiwan, that we hopefully are still planning to defend, and so what he's waiting until winter is gripping ukraine, will freeze the conflict and his forces will rest and then he will resume come spring. ashley: rebekah koffler, always interesting, and great information. thanks for joining us. good news, we have jeff paul back. as i mentioned earlier president zelenskyy says ukrainian forces preparing for an even more powerful counter offensive. let's go to kyiv and talk to jeff paul. jeff what's the latest from ukraine? reporter: yeah, ashley, to be honest and i hate to use this word but its been fairly quiet around here, at least in kyiv. that's what's giving a lot of people in this city a bit of anxiety. we had an air raid siren earlier in the day. that has since been cleared, but its been more than a week since there was some sort of targeted attack of the capitol city, and
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now, many people here are left to wonder if and when the next one could happen. now, beyond the borders of ukraine, this war is now making headlines for all the wrong reasons, but this time, in spain that is where investigators say as many as six suspicious packages were found, many of which are being described as letter bombs. the latest of those packages just discovered at the u.s. embassy in spain. now they believe these letters were sent to high profile target s including the ukrainian ambassador in madrid. spanish security personnel say these are home made devices sent in brown packages that contain flammable powder and a trip wire that bursts into flames when activated so when asked about the possibility of the motive and linking it to ukraine and those who are helping aid ukraine here is how spain's deputy minister responded. >> we are at an early stage of the investigation. it be risky to talk about specific lines of investigation or whether there are other similar procedures in other
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european states that may have provided assistance to ukraine. reporter: one of those suspicious packages was opened up by a ukrainian security personnel at that embassy in spain. that person was hurt but is expected to be okay, but what is interesting, ashley, is that investigators say all of these packages were mailed within spain and reportedly took some skill to sort of wire up and activate. ashley: yeah, interesting development, jeff paul in kyiv. jeff, thank you very much, appreciate it. now this. elon musk's new company wants to start testing their microchips, get this , in human brains. how soon could that happen, lauren? lauren: six months, i know, okay , well the chip could help the disabled speak again, move again, maybe even see again. it's all part of elon musk and really this is at the heart of all of his companies he wants to improve lives, the do-good
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mission. there's been a lot of politicization recently, but really, he wants to change the world. six months is optimistic. norolink is testing on animals but they do need fda authorization to actually implant a chip in the human brain to help us again, and he said look, it's scary to a lot of people but i'll implant myself. i'll be one of those people in the trial. ashley: yeah. lauren: hey, look i think it's great. i think it's scary to be in the trial though, right? ashley: yeah, absolutely. but he can go ahead if he wants. another one for you, lauren. the ceo of tiktok says the collection of u.s. data is a solvable problem. okay, is he suggested any fixes? lauren: yeah, he rallied behind project texas. that's where tiktok moves its data and isolates it on the oracle cloud where only u.s. residents have access. he also said we are all about transparencies. no foreign government has ever asked us for data and if they did, we would say "no."
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he was calm, cool, and collected he was speaking at the new york times deal book summit, a rare appearance but you know, he was ready for all of the questions and made it seem like tiktok was just not controversial. why should it be? ashley: uh-huh. okay we'll leave that there. thank you, lauren, very much. now this , the list of the most expensive cities in the world has just been released, and the city in the top spot has never won before. make your guesses now. we'll have the answer coming up. plus the prime minister of canada, justin trudeau says everyone in china should be able to protest, but where was that attitude when trudeau shutdown trucker protests in his own country? well one of those truckers who led the freedom convoy joins me next. ♪
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carolina and it is pleasant there, 53 degrees right now under clear skies. all right, let's take a look at the markets, maybe not quite as pleasant. certainly not on the dow, off 320 points, or thereabouts. of course the dow gained 2% yesterday, but down about 1% in today's session, the nasdaq also down, well, essentially flat on the nasdaq. the s&p down a quarter of a percent. now this. protests in china have forced some major cities to lift some of their lockdown policies. susan li joins me now. susan? what does this mean for manufactures in china? >> well it's good news, and it's definitely a softening on china's zero covid policies, after the most widespread protests in 30 years, so southern china, you have barricades coming down. people returning to restaurants and shopping malls and that's after the city-wide lockdown was lifted, and that's just today after video leaked between riot police and protesters. now we did hear from the official in charge of
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enforcing beijing's covid policies who admitted that china 's pandemic containment now faces a new stage and mission setting more vaccinations also a weaker strain and that means that citywide lockdowns and massive cities like guangzhou have been lifted and that's home to 60 million residents in those three cities alone. you have less testing, home quarantine now being allowed and really it's remarkable small win for a population who have been frustrated by three years of these covid restrictions and one remarkable part of this movement has been the ability of chinese citizens to get around that great chinese firewall and surveillance despite being banned in china, twitter became a stage for protesters to post images and videos of their discontent. now, as for the rest of the world, though, we did hear from fed chair jay powell yesterday who says that we will feel those disruptions in china here as well. >> that's going to make those supply chains less efficient, less effective, and so that will have an effect on,
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you know, on the prices of some of these goods that are manufactured or assembled in china so it does have an implication for the u.s.. >> now, u.s. companies have production facilities and capabilities in china. of course they have been negatively impacted and it does include the world's biggest company, apple, reports say that apple is now trying to push their suppliers to make more of those advanced microchips starting in the u.s. in just a few years time. back to you. ashley: all right, susan, thank you very much. now this. the prime minister of canada, justin trudeau, recently came out in support of the protests raging throughout china. take a listen. >> i think everyone in china should be allowed to express themselves, should be allowed to share their perspectives and indeed protest. we're going to continue to ensure that china knows we'll stand up for human rights. we'll stand with people who are expressing themselves. ashley: well that's interesting, isn't it?
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joining me now is chava and you helped lead the freedom convoy of truckers, the protest of the canadian covid policies. how does it feel hearing trudeau supporting the protests in china >> good morning, sir. well, -- ashley: good morning. >> it's kind of hilarious looking at this footage, because probably, you know, protesting in ottawa, a few thousand of truckers and it was all the way peaceful and a show of love, kindness, and we was at the end brutally beaten, arrested, now criminally charged, so our prime minister, it's definitely a good drama feature. he can make you in the same time
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laughing and be so angry at him, so he's more like an actor than a prime minister. ashley: well you know, csaba, he also invoked emergency declaration, which was the first time he had done that and part of it and i don't know if people in the u.s. know this , but they had the ability to freeze your bank accounts. did that happen to you? >> no. they didn't freeze my bank account because it was pretty much down to zero. wasn't anything to freeze, but yeah, so many people got their bank account freezed, just simply sending $50 supporting our movement and yeah, that happens in canada. ashley: csaba sorry to interrupt but you're originally from romania, am i correct?
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are you surprised something like this happened in canada? >> well, yes, i am, sir. i flee the communist country for a better life, and yeah, i'm surprised big time, yes. and devastated. ashley: yeah, what has happened in the aftermath of this? has everything just gone back to normal? has there been any lasting impacts? >> well, no. it's nothing but normal. they still have to inject themselves with multiple shots, with unknown ingredients and side effects into their bodies in order to keep their job, so they are talking about bringing back the mask mandates also so basically nothing changed. ashley: nothings changed, well csaba thank you so much for taking time to talk to us
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today. we do appreciate it and it is a very interesting to compare this to what trudeau says about the protests in china, but thank you, sir, for joining us. >> you're welcome. have a nice day. ashley: thank you. you too. okay, the unofficial queen of christmas is inviting two lucky fans to her new york city penthouse for the ultimate holiday experience, but it doesn't come free. we're going to tell you how much you're going to have to cough up for it. interesting though. now take a look at this. stunning video shows lava spewing into the air in hawaii. the molten rock slowly heading towards the main highway on the big island but the governor insists it is still safe for tourists to visit. that's next. ♪ ♪
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♪ we built this city on rock and roll ♪ ashley: i love that song. i don't know. i just love it "we built this city" taking a look at the empire state building 41 degrees in new york city right now. what a city it is. look at that. we're showing you new york, because we now have the list of the world's most expensive cities to live in. lauren, is new york city on the list? it has to be. lauren: it's first and it's first for the first time, and it ties with singapore, both the most expensive cities. yup, the economists intelligence unit report finds that the cost of living this year across 172 world cities is up 8.1% from last year, because of the war in ukraine, the pandemic, just keeps prices red hot, and increasingly unaffordable to live in new york, singapore.
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tel aviv that was last year's number one spot now in third place and hong kong and l.a. tie for to rounding out the top five here. ashley: fascinating. i did not think that tel aviv be in the top five. staying in new york city though, this is interesting. one comedian went viral on tiktok for trying to live on just a hundred bucks a month. how did he make that work? lauren: his name is frank hoy and he's 27. you live in a van. you eat food from work. you don't pay when you take transportation. you commit a crime by jumping the subway turnstyle, but no one is going to arrest you for that anyway and if you go out with friends go to a bar, you don't drink. he kind of did this , you know, as just to have some fun. he didn't expect it to go viral, but his tiktoks are going viral because i think everybody is saying how the heck are you doing four weeks in new york city or anywhere for that matter on a hundred bucks? it's not pleasant. it's not pleasurable, but you know? he's doing it for clicks.
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ashley: he's doing it for clicks and breaking the law and we're talking about it so he's doing something all right, lauren, thank you very much. now this. lava still flowing out of the world's larn its active volcano in hawaii it makes for amazing pictures william la jeunesse is with us now. william, this is happening right near a major highway, right? >> yeah, this is actually one of the new natural disasters, ashley, up close and personal without the risk of getting killed. there are two active vents feeding this river of lava and the surreal images you just show ed. the question is how long does it last because that will determine how much damage it causes, right so the last lava flow lasted nine months came within three miles of the island's largest city, hilo. right now the volcano is more of a tourist attraction than a threat to the down slope communities. it is however spewing a lot of sulfur dioxide and that's risk to those with respiratory problems are told to stay inside
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the first major impact is expected in the next day or two you can see it on a graphic we'll show you. it's flowing from two major cracks in the northeast rift zone over to the right and it's now approaching this main road straight up ahead. a short cut, because it connects the east and west sides of the island, that's a big deal because almost everything is imported. a lot of truck traffic there. two major airports and the lava is going to cut that road in half. >> take 10 of the biggest dump trucks you can think of. we're getting that many dump trucks of lava every second delivered by this lava flow, so if you think you can pileup stuff in front of it faster than it can deliver stuff, you're probably wrong. reporter: so right now the flow rate of lava is slowing, and it's spreading out into a much wider area as the topography of downhill if you will flattens out, but in those lower elevations you're going to get more people, infrastructure and habitat, and this is happening in the middle of volcano national park, which is
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open 24/7. that's why its become a mecca and a dream come true for tourists. >> can get even close to them, it's just remarkable nature overall. reporter: so the question is, ashley, could officials divert the flow if it threatens life and property the answer is yes and no. yeah, bulldozers could come in and create a trough to carry the lava to the ocean; however to native hawaiians, it's sacred so that scenario is not currently on the table. ashley: fascinating stuff. william i think you have to go to hawaii and bring us a firsthand account and i'm sure that's on your wish list as well , but i think i'm right as well. all right, thank you very much, william. now show me the dow 30 stocks, just so we can get a sense of where the markets are right now and the dow 30, the dow itself off 276 points, nike, cisco and walt disney on the top side, salesforce.com, jpmorgan, and united health on the bottom but
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overall, a sell-off on the dow, it gained 2% today is given back about eight-tenths of a percent so that's where we stand. by the way netflix just dropped the first trailer for the new harry and meghan docuseries, roll the tape. >> when the stakes were this high, doesn't it make more sense to hear our story from us? ashley: well doesn't it make sense to hear from us? well the reviews are already rolling in by the way online and we're going to bring them to you , next. ♪
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penthouse and get this? how much do you think that costs $20.19. booking, by the way, is first come first serve. good luck now, but what a deal that is. also, bad bunny, ever heard of bad bunny, is officially this year's hottest artist on spotify. the rapper has been the most streamed artist in the world for the last three years. that's pretty darn remarkable. by the way you can listen to him and mariah and so many other people on our spotify channel. just scan the qr code on your screen and then you're off to the races. you can listen to all that great music. now this the prince and princess of wales spending the day in boston after sitting courtside at the celtics game last night. i think they had a lot of fun. a royal reporter molly line in summerville, massachusetts. good morning to you, molli. what else is on the royal agenda today? reporter: good morning, ashley. i believe you've elevated me, thank you so very much. the royals actually just left
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their first stop of the day here at green town labs. this is a green collaborative initiative bringing together startup companies all together in summerville, massachusetts just outside of the city, of course they are here all part of an aim quite literally save the earth and this is just one of the green tech initiatives making a stop at while they are here. last evening when they arrived in boston they had a warm but very very wet welcome outside of boston city hall, pouring rain, the boston mayor welcoming them along with many onlookers highlighting the cities climate- friendly initiatives that leads up to the big earth shot prize award ceremony friday night in which millions will be given to earth saving programs. >> boston is also the obvious choice because your universities , research centers, and vibrant startup scene make you a global leader in science, innovation, and bound less ambition. reporter: and william and kate keeping the green theme going,
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last night at celtics game. right now they are on their way to another local program roka, which is a non-profit organization that aims to help at-risk youth but william and kate's arrival has been over shadowed by the princess god mother who stepped down from her honorary role with the royal s after questioning a black british woman, the head of air charity about her heritage during a reception the palace releasing a statement calling her comments unacceptable and regrettable. this all comes just ahead of a trip to new york city next week for the prince's brother and his wife, harry and meghan, the duke and dutchess of says ex who will accept an an award for standing up to structural racism in the british monarchy that was quoted in the spanish news site. also dropping today, the first trailer for harry and meghan's netflix docuseries which promises to explore the challenges that led the couple to step away from full time roles as royals but outside of the green town labs today, an adorable moment with the prince and princess, a little boy named henry, a local
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boy dressed up like a british soldier right outside of buckingham palace had a chance to meet the prince and princess and of course as little boys do he asked a few questions. he wanted to know just where prince george was and was told that the young prince is in school. so, we needed a happy moment like that out here on the streets. ashley: awww. that is just too cute. i love it. a royal reporter. you've earned the title. reporter: definitely earned it. ashley: he certainly did. great stuff thank you very much. thank you. and as molly just mentioned netflix just dropped its first trailer for the highly-anticipated docuseries harry and meghan and lauren, what the are people saying about it? lauren: this is a modern monarchy and, well, non-monarchy when you are looking at harry and meghan. the reviews are mixed, but we're going to let you watch some of it and decide for yourself. >> why did you want to make this documentary? >> no one sees what's happening behind closed doors.
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>> i did everything i could to protect my family. >> when the stakes were this high, doesn't it make more sense to hear our story from us? lauren: netflix calls the sixth episode series an in depth documentary and an expensive one too reportedly paid $100 million to the royal couple they started filming from when they started dating to after they decided to step away from the royals. commentary from friends and family, some have never spoken out before. when it drops, we don't know. just the trailer for now. ashley: we don't know but what we do know is we got to get straight to the trivia question on this thursday, lauren, and the question today is which state has the most lighthouses? never thought about that? massachusetts, maine, washington , or michigan? think about it and the answer is going to come up right after this.
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so if you have this and want less out-of-pocket costs... and more peace of mind... consider adding this. an aarp medicare supplement plan. take charge of your health care today. just use this...or this to call unitedhealthcare about an aarp medicare supplement plan. ♪ ashley: earlier we asked you this which state has the most lighthouses? lauren, take a guess. >> maine. not positive though. ashley: that is what i was going to say. we're both wrong. the answer is michigan. 129. though counted them all. our time is up cheryl casone in for neil today. cheryl: ashley, thank you so much. welcome to "cavuto: coast to coast" i'm cheryl casone in for neil today. th

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