tv Varney Company FOX Business December 27, 2022 11:00am-12:00pm EST
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>> that's one of the main that i thinks with protection going into the new year. >> the biden administration created a situation looking at a quarter million illegals crossing the border every month and that's before the title 42 is lifted. >> i think it is clear that the government was tilting the scales of public debate, but using twitter as a vehicle, a trojan horse to do it because
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the government could not do so directly. >> what's really important is what's going to happen at the start of the new year, that's what we really have to focus on because momentum is a big deal in markets like this. >> we should be encouraging people to vote early, sometimes things come up like travel or something else that you can't control so early voting, there's a need for it. >> earnings that will slap us in the face at the beginning of january. we're limping into the end of the year. ashley: god, i love the late david bowie. i can't believe he's no longer with us. let's dance looking at empire state building on a somewhat cloudy tuesday morning, december the 27 and 10 a.m. on the east coast. good morning, everyone. i'm ashley webster in for stuart varney. let's get right to the markets and the markets closed yesterday and they're open today.
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last trading week of the year. the dow up ever so slightly. we see the s&p down a quarter of a percent and nasdaq down almost 1%. take a look at 10-year treasury yield and that's been on the rise and take a look at big tech, meta, microsoft, amazon, alphabet and apple all moving lower and apple down 1.5%, more than $2. now take a look at 10-year treasury yield up nearly 7 basis pointed earl already and just right there at 3.82%, 10 year yield on the rise. that's bad news for those big growth stocks on the nasdaq. the latest twitter files show that the white house encouraged the company to suppress certain covid content. hillary vaughn is in washington dc this morning. hillary, exactly what content was suppressed? reporter: hi, ashley. this latest release of internal twittedder company files shows that both administrations under former president trump and president biden tried to insert
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politics into science and censor things not in their favor and as a result some doctors and scientists that had opposing views on covid were banned. independent journalist david reporting on the files tweeting that both trump and biden administrations pressed to suppress the content according to their wishes saying in my review of internal files, i found continueless instances of -- countless instances of tweets triggering counts of suspicion because they veered from cdc guidance or differed from establishment views and flip-flopped on whether or not they were involved. general psaki admitted to routine ingaugement at the time by karine jean-pierre is putting
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distance between the white house and tech giant. >> we're in touch with the social media platforms and those engagements happen through members of the senior staff and members of the covid-19 team. >> we were not involved, i can say that. we were not involved. reporter: sometimes censorship efforts came from inside the company. former deputy twitter general council and former fbi alum james baker is seen in this company e-mail asking why a trump tweet telling people not to be afraid of covid was not taken down. why telling people not to be afraid wasn't a violation of the twitter's covid-19 misinformation policy and former chief of trust and safety yield roth saying it was not misinformation and, ashley, these files showed at times twitter pushed back on both administration efforts to censor certain content. ashley: very interesting indeed. hillary, thank you very much.
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jason chaffetz joining me to talk about this. were you surprised to hear the trump and biden administrations both pressured twitter over covid information, sometimes shutting down respected doctors. >> i don't think anybody understood the gravity and magnitude of what was happening there and you would think that law enforcement would give general warnings about russian interference or chinese manipulation or something like that . i can totally see it justified but what is stunning here, ashley, is the idea that they went away from the law and started getting into what they would like to do, which is political speech. that clear and bright line instead of engaging in law enforcement activities, they engaged in first amendment political issues. that's what's fundamentally wrong, especially at the federal bureau of investigation, cia, other types of agencies that are meant to protect us, not protect us against terms of service.
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protect us against the law and these social media companies have under section 230 immunity. what law were they trying to enforce? ashley: yeah, how about protecting the first amendment? i'm going to move on now, jason. congressman matt gaetz urging someone to run for the white house. people seeing steve scalise as a challenger for mccarthy. do you think mccarthy will be the next speaker? >> he's the odds on favor to be the next one but there's only a margin of four. with this unruly group, lookout. anything could go. i love jim jordan would be a great speaker, steve scalise would be a great speaker. you know, i don't know where this is going and i think the biggest story of next week is who's going to grab the reign of power, and they've got to find
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somebody that unanimously essentially everybody can get behind and i don't know and i don't think others know where this will land next week. ashley: what does it tell us, jason? is there a discord among the party or is competition a good thing? is there more to this? >> wook, therocess in this election of speaker, i've argued for years and nothing against mccarthy, i think he's a fine person, nothing against kevin but i got to tell you, the selection -- we know more about how to election miss america than the next speaker of the house. there's almost no transparency in how you do this process, and it's got to change. you know, we're going to see it play out. the constitution is such that you have to go to the floor of the house of representatives and call out that name for the whole world to see. that's going to be interesting because nobody knows how that's going to go.
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ashley: i wanted to ask you, jason, i had matt schlapp on earlier and he was saying -- we were talking about the gop needs to do a better job of getting rid of the skepticism over early voting, that the democrats have really dominated and republicans the election need to understand that to fight fire, you have to use fire. would you agree with that? >> yeah, after the 2010schlacking, democrats changed the way they get votes and worked in the states to change the voting laws. republicans sat by and were oblivious to it and they better get with the game or help change rules in the states because right now they're chasing votes, democrats are chasing ballots and are much more successful and good at it. ashley: you know, the president may be deciding what he's going to do. he's spending his vacation this
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week in st. croix, how lovely while the border crisis goes on et cetera, et cetera. he may decide what to do in 2024. think biden goes again? >> i think he does but don't think he should. i don't think is the president that has the type of mandate he thinks or the cognitive capability but the puppeteers that like somebody pliable like joe biden and kamala harris in office, the puppeteers want him right where he's at because they can manipulate him and that's my take and view on it. those people behind the scenes really like to have somebody that they can manipulate. ashley: oh, yeah. yeah, like a marinette. all right, jason chaffetz, great stuff as always. appreciate it. >> good to see you, ashley. ashley: good to see you. now this, twitter asked the california federal court to throw out a lawsuit over elon musk's layoffs after he took over the company.
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now, twitter's attorney argue that the 100 employees that filed the lawsuit don't have enough in common for this to be a class action suit. they also say the complaints made are very vague and very imprecise allegations. a lawyer representing the employers says they're confident in those claims. we'll have to see how that plays out. meanwhile another musk headline for you, of course. the billionaire tweeted that spacex is approaching 100 active star links in iran. back in september, musk said he would activate his company's satellite service to advance internet freedom and free flow of information to iranens and the star linguitises offered iiranians the ability to work around government restrictions following the protests l. interesting indeed. move on now and get back to the markets and bring in cameron dawson. good morning to you, cameron. look, we've reached the final trading week for 2022 and we finished higher on friday and
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today is all very kind of underwhelming. do we get a santa claus rally? >> it's possible, but it's probably best we don't read too much into it. usually santa claus rallies have very little volume, and they don't necessarily tell you anything about what's going to happen in the following year and what's more important is what the market does in january. early into january, two, three weeks in we'll start earning system and that'll tell us not just what happened in the fourth quarter but the outlook into 2023 and that's the question of how companies are going to manage an environment where revenues are slowing down, they could have margin pressure because wage costs are still high and commodity costs are rising again and what does that mean for the earnings outlook as we look into the irety of 2023. we still see the street at $234 a share implying 3 to 5% growth and that seems pretty optimistic in a world where the fed is
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tight policy as much as it has as well as top line deceleration we're starting to see. ashley: cameron, it was short and sweet but you covered a lot of ground and we have to move on. thank you so much for joining us this morning. we appreciate it. i want to look at some of the movers now and take a look at tesla, that stock was moving down 8% after falling for six consecutive trading days and a new report about tesla says the company will run production at a reduced rate at shanghai factory in january after an end of december shut down, the stock down more than $10. take a look at southwest airlines and the company canceling thousands of flights. they say they just cannot rebook most of the flights till after new year's eve. it's a real mess. the stock down 5%. all right. coming up, looters taking advantage of the deadly blizzard in buffalo, new york. how horrible is that? they're robbing businesses while police are stuck elsewhere.
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we have that story. we told you about the hefty admission prices at does n land but knot nothing compared to the cost of holiday drinks and the shocking price tag coming up. migrants waiting on the other side of the border as title 42 could end as soon as today and we have that report from the border next. ♪
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first psoriasis, then psoriatic arthritis. even walking was tough. i had to do something. i started cosentyx®. cosentyx can help you move, look, and feel better... by treating the multiple symptoms of psoriatic arthritis. don't use if you're allergic to cosentyx. before starting...get checked for tuberculosis. an increased risk of infections some serious... and the lowered ability to fight them may occur. tell your doctor about an infection or symptoms... or if you've had a vaccine or plan to. tell your doctor if your crohn's disease symptoms... develop or worsen. serious allergic reactions may occur. watch me. ashley: el paso's major is extend -- mayor is extending the state of emergency as surge of
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migrants cross the border over the holiday weekend. matt finn is in eagle pass, texas, this morning, and matt, how significant was the influx of migrants this weekend? >> ashley, speaking of a surge, our crews here in eagle pass have seen three different groups enter into the united states so far this morning, it's 10:15 local time, and we've seen hundreds of migrants cross into the u.s. this morning and looking over the christmas holiday weekend, there was no flow -- or no slow of the flow of the migration here into the united states. there were 16 thousand 476 encounters along the border. 2 thousand 150 migrants expelled under title 42 and 14, 326 migrants released into the united states just this past holiday weekend. this morning military officials have moved hundreds of personnel to the border and el paso in anticipation of title 42 potentially ending. we have heavy vehicles there,
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400 soldiers from various agencies putting up wire fencing and everything and preparing for the el paso sector to potentially explode with migrants. also in el paso, texas, in the middle of the desert, there's a massive tent larger than a football field, which will serve as an overflow and processing stent should title 42 end and depends on whether the supreme court hears whether or not to hear the policy in place. new video of yet another high-speed pursuit chase to show you and a texas dps trooper pursuing a human smuggler from north carolina, in texas and the driver of the truck had nine illegal migrants smuggled into his vehicle. of course there's a lot of attention being paid on title 42. if that were to suddenly come to an end, that would mean the unit would no longer turn away people based on trump-era policy under covid and we'd expect many more,
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perhaps thousands more migrants a day to enter the unit here -- united states here at the southern border daily. ashley: it's a true crisis. matt finn in eagle pass, texas, this morning. matt, thank you very much. the vice president of border patrol art acuedo. good morning art. what can we expect when title 42 ends. what are you expecting? >> it's been the same old song and dance since this administration took over. you're seeing the chaos at the border with title 42 in place. as soon as you remove t you'll have that much more because the individuals that have been crossing under -- have been getting returned under title 42 will get released in the united states. that's where the problem is. who's going to be taking over? the cartels as they have been since this administration has been in office. they're the ones that can direct the traffic and connell to bring in drugs while -- continue to bring in drugs while agents are preoccupied doing processing. the majority are getting
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released, a huge majority are getting released. instead of releasing them, they need det detained and immigratin judges and asylum officers at the boarder and look at cases and send back the individuals that do not yawl fio for asylum -- qualify for asylum but detain them and doesn't work to just release people in the united states because they're never going to show up to their court date. ashley: yeah, it's a complete crisis and mess. you know, art, democrats are criticizing texas governor greg abbott after sending bus loads of migrants to near vice president harris' residence on christmas eve. a white house spokesman said this "governor abbott abandoned children on the side of the road in below freezing temperatures on christmas eve without coordinating with any federal or local authorities. this was a cruel, dangerous, and shameful stunt". meantime democrat congressman juaquin castro called governor
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abbott worthless and heartless. democrats are ripping abbott but isn't it president biden's policies that created this crisis and they're creating the human suffering by giving the impression that all tough do is show up at the border and you can come on in. >> that's exactly right and they created this and the magnet for the criminal cartels to continue bringing drug country and the cartel control where the groups will be going. once they go into that area, they know agents will be preoccupied having to do transport, medical watch and many times as all other times processing all the while the drugs are coming in. you see the numbers are going to fluctuate of what's getting away and what's not getting away. it's the same old story. look, if you're not in the forest when the tree falls, did the tree really fall because nowhere is there to hear it. more and more groups are coming in, more got aways, more drugs, more heroin, methamphetamine and
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fentanyl going into our streets all over the united states and it's because this administration fails to dot right thing. send immigration judges, dot right policies and detain people. don't just release individuals for creating further criminal conduct. ashley: art, very quickly, there's no sign that any of that is going to happen and do you expect next year to be just the same as this year, if not worse? >> next year is definitely going to with worse because word spreads real quick to a lot of country that the united states is not doing anything about defending our nation's boarders. ashley: we'll have to leave it there on that sad thought. art, thank you for joining us this morning to talk about the crisis at the board their continues to just rage on. thank you very much. still ahead, could year three of biden's presidency be the worse yet for the border crisis? i'll get into that with steve forbes.
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ashley: what a beautiful picture. you're looking at daytona beach, florida. looks beautiful but still a little chilly. it's currently 58 degrees there. not a bad place to be. take a look at the markets with a great place to be right now. we've seen kind of a muted opening to the last trading day or week of the year. the dow up about a quarter of a percent and nasdaq down close to 1% and s&p down about two tenths of a percent. take a look at some of the movers on this tuesday. show me peloton down 3.5% and the company started selling refurbished bikes at discount up
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to $500 and not much for the stock down 3.5%. neo, that stock down 8.5% after cutting fourth quarter delivery forecast and the covid breakout in major cities in china constrained the supply chain and that's down more than 8.5%. now disney land has a shocking price tag for one of their holiday drinks and expensive enough to get inside but the grand california hotel offering a waffle shot that's given in a waffle cone lined with milk or white alcohol la tech. chocolate. if you order one with louie the 13 con yak and that'll cost you -- cognac and costing $185 and it's market value for the liquor. good luck if you want to order one of those. stuart varney would never order one of those, i can tell you that right now. now this, china will drop
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quarantine rule for all inbound travelers beginning january 8. that is a sign of progress. steve forbes joining us this morning. steve, great to see you. why is china making this move now? they've been so severe. are they finally seeing the light? >> well, they're finally seeing the light and protests that wrapped the country and the regime took very seriously the scope of them and where they were, shanghai and elsewhere, and poor performance of the economy and one of the things that keeps the communist party in power is the belief of the chinese people and that's what the communist propaganda says is we give you process parity and let us rule over you. if you don't have process parity, people are being locked up in a medically unsound way. they had to give in. but the timing of it is weird. the chinese lunar new year is coming up and people travel all over china visiting reunions and the like and this will be a huge spreader and the chinese federal
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health facilities, especially in rural areas that will be something of a disaster. ashley: it really is. i want to switch years now if you can and you're paired in the washington examiner claims year three of biden border crisis will be the worst yet and, steve, the piece argues that all of this has to do with title 42 ending and how much worse can it get? what's going to happen at the border? the administration continues to turn a behind eye and accuse fox of hyping it up, but all fox is doing is showing what's going on and it's not a pretty picture. >> it is not a fretty picture and -- pretty picture and with title 42 going out of the way, one of the last vestiges of t te trump administration down at the border with millions and it's over 2.5 million now projected for 2023. you could see it going to 4 or 5 million and what you'll start seeing around the country is even though they focus on
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governor abbott sending people to vice president kamala harris' home and stuff like that. is that states will be overwhelmed with these refugees coming in, millions of people undocumented going around the country. that's going to cause a real political crisis and you're going to see the house republicans hold hearings against secretary mayorkas of the homeland security department, which has a de facto open border policy. they're going to put them really on the grill and perhaps even file impeachment charges because he's neglected his duties and he's been lying to congress about the real policy of this administration. ashley: yeah. he needs to be held accountable. we're already out of time. steve forbes, great to see you this morning. steve, thanks for joining us. >> thank you, ashley. happy new year. ashley: thank you. you too. let's take a look at the biggest business headlines in 2022. >> as the curtain comes down on 2022, most will be happy to turn
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the page on a year that saw money lost in the stock market, growth depleted in the economy, and inflation spiking to 40-year highs. >> we went in the year obviously on a high note from the good reopening of 2021 but as the year progressed and saw that inflation was stickier than most of us expected. >> inflation spiked as congress released trillions of dollars into the economy. inflation defined as too many dollars chasing too few goods, the covid relief package of 2021 was followed up with trillions more in spending in 2022. in the form of three more major spending packages and the consumer price index close to 8% even before russia invaded ukraine. ukraine on february 24 causing death and destruction in ukraine. bit end of the year, the president signed into law another $1.7 trillion in spending despite pushback from a new incoming 118 congress with
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republicans in the majority of the house next year. >> the last time i saw this much poor, maria, i was at a luau in hawaii and had an apple in its mouth. >> growth and salaries from american families that paid up for everything from a dozen eggs, meats, chicken and bread and airline tickets and mortgages and the federal reserve began the year promising to stomp out record inflation and >> it's higher than we want to deliver and from zero to a range much four and a quarter percent and string of hikes and promisings even more -- promising even more in 2023. stops here at 475 in the spring of next year and it'll divert
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the de-flakes and bubble seeing this dangerously optimistic. how deep is the fed willing to go? 2022 saw the beginning of a recession with the first and second quarters in contraction. the economy shrinking by 1.6% in the first quarter and another six tenths of a percent in the second quarter. most economy watchers expect recovering year-end growth to turn into recession in the new year. as layoffs have already begun in technology, financials, and retail. even as labor flexed its muscles this year, labor strikes at amazon, starbucks and new york times among others in a tight labor market. the rail unions get ago 24% raise as congress intervened to force rail unions not to hit the picket line. >> people don't trust the system and feel like their right to strike more so their right to be able to have the ability to have leverage at the bargaining table. strike is the last thing we want. we want to come to a resolution
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with railroads at the table. >> elon musk awired twitter for $44 billion and 2022 saw biden's lax border policy invite millions of illegal migrants into next with tens of thousands of bounds of deadly fentanyl seized. with republicans in the majority in 2023, the year ahead will alps include a pushback on the wide open border, new spending, and several investigations. into the fbi, the biden family influence pedaling and origins of covid-19 and biden's turnover tumultuous pullout from afghanistan. maria bartiromo, fox business, new york. ashley: maria, thank you very much. coming up, thousands of flights have been canceled in the u.s. today with hundreds more delayed. it's a real mess. we'll have the very latest report. recovery efforts are on the way in buffalo, new york, after the area was pummeled with as much as four feet of snow over the weekend. max gordon is there with the
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ashley: at least 27 people have died in buffalo, new york, after a blizzard hit the area over the holiday weekend. max gordon is in buffalo this morning, a city that is certainly used to snow, but this storm is certainly one for the ages. max, how is the recovery going? reporter: yeah, recovery is going slowly but surely and employees like this -- plows like this one out on the roads and streets are becoming cleared up but things are still difficult out there and in some areas a travel ban still exists and people are calling this a once in a generation storm. unfortunately this has been a very deadly one. we just got an update from
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officials and it now appears that the death toll just here in erie county alone is up to 35. some people have been found in vehicles frozen to death, people found in snow banks and in some cases emergency personnel just not able to get out to people who were having medical emergencies because the roads were simply too bad. that was a huge issue, especially on friday night when there were whiteout conditions, zero visibility at times. these roads were just incredibly dangerous. you didn't know where the road began and a storm bank ended. it was just incredible. lots of people still without power here in the -- without power here in the buffalo area, thousands. utility workers trying to get the lights back on but it's been a dark and cold christmas for a lot of people here. buffalo niagara international airport has not reopened and the tentative reopening date is 11 a.m. tomorrow, but we'll see if that happens. it's been pushed back several times. nationwide this has been a
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nightmare for travelers all across the country, flights canceled, southwest airlines in particular hit very, very hard, more than 2500 flights had to be canceled. that's more than 60% of their schedule. tough for people stuck in airports right now but back here in buffalo, a little glimmer of hope and people getting fresh food for the first time today at supermarkets. back to you. ashley: max, remarkable foe totes in -- photos in buffalo. looters in buffalo taking advantage of those snowed in including the police and some businesses had their windows smashed as well as merchandise damaged and stolen and buffalo police commissioners took away from law enforcement normal operations and the commissioner
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adding that that one change this week as buffalo works to clean up the snowfall from this weekend and unfortunately some people taking advantage of that horrible civilluation. take a look at this. fire fighters in oklahoma city rescuing a dog that fell into a frozen lake and using a small paddle boat getting to the middle of the lake and opener is on land that's attached to the dog and the dog popped its head up and the fire fighter was able to pull the dog aboard. the oklahoma fire department said the pup had no apparent injuries except wet and cold. thankfully a happy ending. take a look at stocks to get a sense of the markets, all very muted but the dow now up 152 points, gaining a little upward momentum, verizon, caterpillar, nike leading the way and goldman sachs, walt disney and apple in the red trailing a little bit on the dow 30 but overall up 145
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ashley: shifting is becoming so bad that rather than raise prices, some stores are actually considering just closing their doors. lydia hoo is joining me to talk about it. >> hi, ashley, it's a staggering $100 billion and this rampant shoplifting means every day products are being kept under lock and key and take a look at these and these photos of people in manhattan that want just a quick sugar fix have to get past locks and keys and chains in some case at local drugstores
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and manhattan wall greens resorted to locking up -- walgreens locking up cannaday and ice cream and coffee creamer and retail cs costing the industry about $100 billion. the national retail federation says that amounts to close to 1.4% of retail value in 2021. the causes of the left sometimes coming from employees and the costs are also mounting because of stores efforts to prevent the crimes and oranged retail -- organized retail crime has been on the crime and grand larceny is more than $1 thousand and up more than 27% in new york city this year over last and thefts under $1 thousand are up 34% in the big apple and surveys by the national retail federation says covid has worsened the risk of
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crime partly because of labor shortages and others are are blaming soft on crime policies and now we said the processer is affecting the bottom line. target ceo said back in november that profit losses could reach $600 million for them by the end of the fiscal year because they're losing so much inventory, walgreens also added earlier this year that it is losing 50% more money than it did prior to the pandemic. ashley, what all this means for us is possibly higher prices as the cost of loss inventory is passed onto customers and fewer places to shop as retail locations are forced to shudder, ashley. ashley: yeah, absolutely shocking. lydia, thank you very much. new data shows holiday sales rose 7.6% this year despite rising inflation. gerald storch joining me now.
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gerald, great to see you. are prices up because sales are hire or more items are being bought? >> we're all looking for good news but this simply isn't that good. this report is more confirmation and that sales of goods are suffering and people are spending money on services to the extend they have the -- extent they have the money and biggest increase in restaurants and negative sales for categories that are big gifting ones like electronics or jewelry and department stores are fairly weak below the rate of inflation and every goods category and fairly big goods is below the rate of inflation and this is a pretty early report and a clear report and history and judge and you see the sales come out in january for the holiday, they'll be lower than these numbers. so i don't think it's that strong at all and excludes autos that's been down and includes big tickets like automobiles and challenging holidays when all is said and done. ashley: how about brick and mortar stores versus online
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retailers, are they hanging in there? >> they're hanging in there but the bigger increase was online retailers were restored to the historical pattern after some reopening increase in bricks and mortar where online stores growing rapidly and expect that to continue where online sales grow 10 to 20% kind of range year over year where as bricks s and mortar are struck toll show increases and different if you sell groceries and groceries of double digit inflation and see big increases in necessities, groceries or health and beauty care and that's where the money is going with a physical product anyway into food we eat. ashley: little pessimistic, gerald, toling it as -- telling it as it is. realist, that's the word. jared, thank you very much. bitter cold temperatures and massive amounts of snow causing
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thousands of flights cancellations and delays across the united states. steve harrigan at hart field international airport today. any sign of progress today? reporter: it's still going to be bad for several more days and many flight haves been canceled due to extreme weather will not be able to rebook till after january 1. you have people really struggling for days now to get home with perhaps days ahead more to try and get home after christmas weekend. 4, 500 flights canceled today, u.s. and international, and among those most from southwest airline more than 2, 500 flights from southwest airline and stacks of luggage across the country piled up from the canceled flights and talking to people the frustration is clearly growing without their luggage and clothing and often without clear information about what's next and how to get home. >> yes, we're on vacation but we're trying to go back and we
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can't get back. i feel bad for my kids because they're tired. they gave me a flight for the 2 8th and said -- 28 and said nothing is available. >> fio first was supposed to be at 7 a.m. and next at 9:50 a.m. and it's sold out for tomorrow so maybe the day after tomorrow it'll be another flight hopefully. reporter: the department of transportation says the level of cancellations from southwest airlines is simply unacceptable and the company promised to make it right for the travelers but they've already announced 2 thousand more cancellations set for tomorrow. ashley, back to you. ashley: steve, thank you very much. travel nightmare doesn't cover it, does it? steve, thank you very much. all right, a little more levity now, time for tuesday trivia question. interesting, how many lightbulbs do the first time square new year's eve ball actually have? was it 100, 200, 300, 400? think about it.
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how about that. the ball was made of iron and wood, it was fight feet in diameter, weighedhundred pounds. looking how many lights were on last year's new eve ball in times square, 32,256. there were only 100 for the very first one. how things have changed. look at the markets quickly for you. the dow picked up momentum in the last half hour or so, up 134 points good for for for .4 of a percent gain. nasdaq on track for the worst annual performance since 2008. on that happy note. my time is up. edward lawrence in for neil toda
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