- call the number on your screen. ♪. stuart: well we did ask who is the youngest grammy award winner ever. ashley, you and i. so you start. >> we're in big trouble, stu. i have no idea. but blue ivy. go for number one. stuart: so will i, because i think that blue ivy is the daughter of beyonce. i'm not sure the pronounciation of that. she won a grammy when she was eight years old. how about that? >> wow. stuart: time's up for me. "coast to coast" starts now. ♪. neil: what is when does this tailspin end? india's government desperately looking for a bottom. usually when a company's stock,

investors in indy itself, members of the country's opposition party spurred nationwide protests demanding investigation into allegation of fraud and stock manipulation by the battled conglomerate that leaked into all aspects of indian financial life and potentially the world. who is exposed and who doesn't realize they're exposed as well. welcome to a special edition taking a look not what is going on in our market here but in india, with implications for here. kelly o'grady has more on containing a containing i don't know i guess, kelly. >> reporter: more is unfolding what is being called the largest con in corporate history. india base a dhani both vanguard owning half a percent of the

main's listing. in the billionaire in last couple weeks he lost 60 billion in personal wealth, tumbling to 21st on bloomberg's billionaire index. s with h was ranked once fourth in the world. we have uncovered evidence of brazen accounting fraud, stock ma sniplation and money laundering. adani pulled off this gargantuan feat with the help of enablers in government. adani issued multiple rebuttals calling it calculated attack on india. the group will repay a $1.1 billion loan aft move to assure investor tore confidence. sec, reserve bank of india are svelting adani and his holdings. last decade countless entries with little action causing accusations corruption. this spurred protests in the streets an india a ace partialment.

opposition calling for the prime minister's ties to adani, those his team denies any favoritism. regarding the broader india market. reaction is mixed. they don't expect much of a spillover effect. adani enterprises removed from the dow sustainability index tomorrow. it questions corporate governance controls in india. neil: how far does the government want to go to deal with those controls. thank you, kelly o'grady on that. whether there are implications for us here too soon to tell this is sweeping and fast as kelly pointed out. bob doll crossmark chief investment officer. he has seen more of his share of contagions during his years. is this one of them, bob, do you think. >> i don't think so. it is a big deal for india and oversight and regulation and corporate governance. they will have to take a closer look but outside of the u.s. i think it will be barely a ripple, neil. hopefully. neil: financial exposure, in other words you always hear this banks and insurance concerns and the courts that this

conglomerate has many such ties within the indian community, asian community but you don't think it spreads as far as and wide as the u.s. financial community? >> i don't think so. look is not a positive, i'm not trying to paint it as that but i think it is pretty contained. while the numbers are big, relative to global market capitalization it will be hardly a ripple. let's hope that is the case. neil: bob, the one thing i had noticed whether this settles out the way you hope it and a lot of people would agree, they hope the same, how many billionaires have just really been, just handed their wealth on a platter and seen it shattered? i was going through you know, some of the biggest names, beginning with elon musk who from his height lost better than 200 billion in market value but on and on we've gone where you've seen close to a trillion dollars in billionaire wealth evaporate. now a lot of that with exception of adani's personal wealth this

year, they have recouped but not nearly what they had. what do you make of that? >> you know, it's a bear market that we've been through. so you would expect those sorts of things to happen. you hope it happens in a legal regulatory way which other than the case in point is the case. and this is normal. it is just a lot more zeros behind the number. those of us, a lot less than that level have lost money as well but, it is painful for everybody. we rebuild and, hopefully i have another business cycle, another bull market. neil: meanwhile would like to look at another development some people say could have contagion effects if it gets out of control. back and forth with china over this military balloon or spy balloon, whatever you want to call it, now china is now threatening a response to all of this. maybe it might be more bluster than anything else. it comes at a time when china was reopening to the world, elon musk was celebrating that a host of others were celebrating

that, apple, for example, could all of that unwind here, what do you think? >> there is no more important economic relationship than the number one and number two countries in the world, the u.s. and china. the world wants, slash, needs them to get along. so do the financial markets. this growing cold war, neil, is not a pretty scene and we've got to watch it carefully. the geopolitical risk which is impossible to quantify certainlies that grown over time and the incident over the weekend didn't happen. we have to watch this very carefully as investors, some were saying in this country, and it is sort of a bipartisan call, i don't know how bipartisan, they're saying economic sanctions and punishments on china should be meted out. my immediate thought, whatever the wisdom of those, some are quite justified to demand them, the fallout for the global and for the global markets and the economy, what do you think? >> yeah, anytime you put a

barrier up like that it does lower economic trade and therefore economic growth. so we've got to be vigilant here and i'm sure, the politicians will dot their is, cross their ts before doing draconian things. at the extreme if there were no trade between the u.s. and china is not a pretty scene. nobody is proposing that but at the extreme you can see what could happen. we've got to try to get along with countries all around the world economic for sure because we'll be both cutting off our noses off to spite our face in both directions. neil: we'll see how far it goes. bob, back to this country, dell the latest big tech name it is laying off workers, 5% of the workforce, more than 6500 workers by my count. i think we're up close to 90,000 tech jobs being jettisoned, in percentage terms still small to relative overall employees but your thoughts?

>> neil, this is like you said the umteenth one in technology. for many technology companies they're just laying off what they grew in the last year or so. many of them still have head counts above where we were 2021. so this is perhaps some overhiring being reversed in techland and you importantly point out, i will add to it, as a percentage of employment in the country it is small. tech doesn't employ a lot of people relative to retailers and restaurants. i know they're higher paying jobs in general, so economic impact can be bigger but i would expect to see more of this as tech tries to deal with a cyclical weakness at that they're facing. neil: bob, one quick thing i wanted to add, janet yellen over the weekend you don't have recession when unemployment is at a 53-yearing-year low. does she have a point?

>> she surely does. the knock of potential recession has happened everywhere except for the lable bother market. they have no clue that is the fed's biggest dilemma. they have to try to slow that down, wage growth will continue to be very strong if the unemployment rate stays in the mid threes. neil: bob, always good catching up with you. i threw a lot at you, you handled flawlessly. >> all the best. neil: bob doll, we're down 90 points. we're well off the lows of the day. sad news abroad, shows you everything can be eclipsed by you know a disaster of mother nature front. 2300 now reported dead, more than that likely in the turkey-syria earthquake that was actually caught on tape. alex hogan with more from london alex. >> reporter: neil, in an instant small towns near border of turkey and syria were turned to rubble. 7.8-magnitude earthquake hit many people were sleeping this

morning t was followed hours later, another earthquake, another of 7.7 magnitude. this doesn't even account for many aftershocks we've seen in the hours since. people continue to search through the rubble. this was primary in southern turkey, northern syria. millions of people felt the shock in lebanon and in cypress. as of right now the number of dead has climbed from 2300 to 2400 people. that number is likely to continue to rise. the grim task of uncovering bodies has been mixed with moments like this of a miraculously finding this little child that was trapped in the rubble but survived. the medic sobbing after saving this little girl. even sitting down to cry while he cradled her because so many other moments have not been moments of happiness like this. instead it has been a people grieving, carrying out dead bodies like this one man who was holding the body of his newborn

baby who was killed in this earthquake. however there have been horrifying moments of chaos just like this. take a listen. [shouting] >> reporter: seeing many aftershocks after the earthquakes. because of moments like what you just heard some residents even sheltered in their vehicles out of fear that their could be more aftershocks that would bring down the buildings that they were living or sheltering in. other world leaders are stepping up giving aide. u.s. says it will support turkey any way it can. european union is sending in personnel. one issue, complication we could see in syria where the country currently has a civil war and some contested territories could be problematic getting in even more rescue support. neil. neil: alex, thank you very much for that update. alex hogan.

we'll keep you posted as digging in the rubble continues in both countries, turkey and syria. alex updated you, 2400 known dead that could rocket a lot higher. meantime remember when china was very contrite about the so-called weather balloon? now of course not nearly as much after we shot it down. now getting downright confrontational after this. your brain is an amazing thing. but as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain

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serious allergic reactions may occur. watch me. ♪. neil: all right. we shoot it down. now it's china the one getting all fired up. edward lawrence on the fallout from this balloon that doesn't end. he is at the white house. edward. >> reporter: neil, this chinese spy airship is now floating also into the state of the union picture which is tomorrow. the u.s. military shot it down but accusations are still flying. the chinese foreign ministry spokesperson says today that it was irresponsible and an overreaction for the u.s. to shoot it down. the chinese claim this airship was as well as one over latin america, are civilian weather balloons that blew off course. senator steve daines adds the president failed this chinese test. >> the bigger issue here was the response to that balloon. this was really more of a trial balloon by the chinese. they took a look how decisive is

this president. the president was indecisive. he presented weakness at the moment. that is exactly what the chinese wanted to see happen. >> reporter: it flew over his state. other republicans say the u.s. should have taken out the airship before it entered alaskan airspace. the administration is trying to spin as polling shows 41% of americans say they are worse off before president biden took office two years ago. that number was two years 13% into former president trump's administration. the president is getting ready for the state of the union address, showing a picture of the first page of the street which he will highlight the economy. listen. >> americans are concerned about inflation and it has been president biden's top priority to bring it down but really we have a strong and resilient economy. i know president biden will talk about. >> reporter: i should say at this point secretary yellen refuses to do an interview with fox business.

she no to me, neil, 16 times since taking office without a explanation as to why she will not answer real economic questions from fox business. we'll hear from the president tomorrow night the state of the the union address, the economy big part of the that address. neil: could have been your tie, could have been your tie, edward. you never know. little stuff like that. thank you my friend, edward lawrence follows all of that. we hope that changes. ryan zinke, former secretary of interior, commander seal team six, colorful past, now a mon nan at that congressman. good to see you. we know the chinese are upset, we don't know whether this is political cover and it goes away, what do you think? >> it is interesting. china is not being obvious, it is not civilian airship but our administration has not been honest with us. we didn't down it for fear of casualties on the ground. that is not true.

aleutian chain, been there as a seal. most isolated spots. montana, petroleum county has less people in it than members of congress. so if you want to recover it, you would down it and recover it over montana, at least through the plains of montana rather than off the coast of the carolinas where zero visibility nearly and, their plan is to ask civilians if they see anything rolling up onshore to contact them. come on. so it's been you know a colossal blunder and i agree the intel that china got from us is, we're not going to act. if we can't deal with a balloon over the u.s., how are we going to deal with more significant issues like taiwan? so once again -- neil: congressman, let me ask you about that, because the administration says this has been going on for years. says this exact type activity was happening during the trump administration as well. you served in that administration as interior

secretary i might point out but is that true? >> no. this is another spin. so the white house says, we didn't down it because of why? civilian casualties. what happened before i have guarranty you i was secretary of interior. if there was balloon over territory of the u.s. i would ask the president to knock it down. and lastly the newest spin is, well, we were monitoring what the intelligence was that the chinese were collecting. that is like asking someone to break into your house just to see what they would take. so this is another -- neil: i do want to be clear, congressman, like you say, i don't know what is true, what is not here, but you were interior secretary. if something like that come up in the trump administration you would have heard about it. obviously made it clear what you would have recommended if you did hear about it but you never heard about it. so the administration arguing that it happened in the trump administration, is that not true? >> well it is just not me. i asked multiple secretaries in the cabinet and none of us ever

can recall -- as a matter of fact the american public can't recall, when is the last time a chinese communist balloon went across america at 66,000 feet? it didn't happen except during this administration. so you know, the spin is spin. you know, i don't expect truth from the chinese but i do expect truth from our government and when they mislead i have concerns, i have bigger concerns is this once again, we failed in afghanistan. it gave putin the green light in ukraine. and now we can't deal with the balloon but yet we have large issues at stake in the pacific. one of them is taiwan. which i believe china has right in its dead sights. neil: so i talked to democratic congressman adam smith. he is on security and other related committees who said that china right now is the one that should be embarrassed. this is from congressman smith, take a look. do you think china wasn't

embarrassed by this but might like this, might like showing the united states what it can do and leave the u.s. flummoxed? >> yeah, no. actually i think china is very embarrassed by this for several reasons. first of all, it is not a particularly effective surveillance tool. you know, we're familiar with the technology and what it can and cannot do. really nothing that their satellites can't see to a certain extent. neil: what do you make of that? >> well, first of all, we don't know what was on the chinese surveillance platform. we're taking a guess because now we're combing through off the coast of north carolina to see if we have, can recover any remnants of it. and secondly the embarassment i would believe of our allies look at this as, look, the decision should have been made very early to inform the chinese, they're approaching us air space. we should have knock the knocked it out of the sky.

instead we let it drift over nuclear silos in montana, over areas where it should have been knocked down. we saw the spin doctors go to work in the white house. i think china probably got the intelligence they wanted. that is the united states couldn't make a decision, why not to down an airball loon that is not going very fast across the continental united states. so i think it is part of a spin. i think the biden administration should be embarrassed. we need to ask the questions when did we see it, at what level were the decisions made, why didn't we knock it down? expect to fine, navy seal who did circle searches off the coast of north carolina in zero visibility we'll not find much. neil: we shall see. congressman, always a pleasure, thank you very much. for your service to this country as well. as the congressman is wrapping up there, we're getting john kirby commenting on a lot of this right now saying much of this, the time it took to down this thing, the u.s. has had to

study the china balloon and it's important. we'll get more clarity on china's capabilities and intent. i think what he seems to be saying when we unearth a lot of details from this, which is a sign they think navy divers will be able to get enough from that balloon, that they can see of the details of that intelligence and what we learned. in the meantime, a lot of you have found this a fascinating subject. we heard a good deal from you tweeting, emailing us on this very subject. duke writes, why should only the "gang of eight" receive intelligence and not the american people? duke referring of course to the even mix of republicans and democrats in the house and the senate who weigh in and get to hear some of the information and intelligence details on this. that group still hasn't been formally updated on all of this. they are supposed to early this week. we'll see. and then we have 60th who writes china is embarrassed about their balloons getting away? in your lifetime ever hear china

say they were embarrassed about anything? very good point. how the chinese might would have handled it differently if it was our balloon, weather balloon they say over their skies. probably wouldn't gotten more than a few inches. we'll see. more after this. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire [coughing] hi, susan. honey. yeah. i respect that. but that cough looks pretty bad. try this robitussin honey. the real honey you love, plus the powerful cough relief you need. mind if i root through your trash? robitussin. the only brand with real honeyand elderberry.

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♪. neil: oops, they almost did it again. two planes coming within 1000 feet of another. that could have been obviously a real disaster. connell mcshane has the latest on this incident from newark liberty airport. connell? >> reporter: do your point, not only one we've seen here in recent weeks. we heard from the faa this morning. an official there saying runway safety is a top priority as the safety-related issues seem to be adding up at least here in new york city airports, area airports for whatever reason. in newark on friday, what

happened was the tip of this wing ended up being snapped right off of a united airlines plane. it was a united 757. it was clipped by a much larger plane, also a united airlines plane a boeing 787. the bigger plane at the time was being towed to a gate. of the smaller one was loaded with passengers set to depart to orlando. fortunately no injuries were reported. in texas, a cargo plane near lie collided with a southwest flight. the cargo plane coming in for a landing had to change course on saturday morning after the southwest plane was cleared to depart from the exact same runway it was supposed to be landing on. that was a close one. last month, kennedy airport in new york, couple of jetblue planes clipped wings, another near miss with an american jet that crossed in front of a delta plane. you think all of this will be focused on tomorrow in capitol

hill. there is a faa and head of the largest pilots union. this comes as faa is under a fair amount of scrutiny not just for incidents we're talking about, but you remember the computer troubles that led to nationwide ground stop we've seen in this country since september 11th of 2001. a lot to talk about here. neil. neil: thank you, connell mcshane. i want to go to the southwest airlines pilots union president. what he thinks about all of this. casey, this was a close call. what do you make of it. >> it still was. we're still briefing our crewmembers and i know fedex did the same thing. it was low visibility. it appears one was cleared for take off and one was cleared to land on the same runway and there was a loss of separation. neil: should average passengers be worried about this?

i know thousands of flights go off safely without incident, without near incidents. but we have seen some events like this of late, rare, but they have happened. what do you think? >> well, you know, at the end of the day disaster was averted and thank goodness for the professional crewmembers that assisted in that. i think really, we have the safest aviation system in the world but i do think that there are alarm bells going off within the faa. you know, as we move into the future the infrastructure of the faa has to be addressed for what we're trying to do today with our air traffic control system but also in the future as the advanced air mobility and ev tolls start coming into the system there will have to be a revamping, and addressing today, so we can handle tomorrow. neil: you know, casey, much has been raised, not to slight you or your fellow southwest pilots, that a lot of these problems

that we've had with delays, cancellations, bad customer service in the effect -- event of weather snafus, incidents you cannot control that disproportionately southwest problems, around not technically up to speed. what do you think of that. >> you're not slighting. it is actually a true statement. we're trying to get southwest to address that, on a daily basis. at the end of the day our customers are starting to feel the strain. our pilots have been under strain. highest fatigue rates we've seen in years. and so, you know, southwest does have a reckoning. they are going to have to kind of address their systems, their i.t. and their processes. neil: one of the things they might do is just curb the number of flights they have. i don't know if that's helpful, confusing, what? >> well, i would actually say that they have curbed them. we start the day with the correct number of pilots every day, the correct number of

reserve pilots every day. it's what goes on when the excuse of our airline as the reassignments and delays start to add up, that southwest has to address. it is an i.t. infrastructure. it is a process problem and all of those have to be addressed so we don't see the meltdowns we're starting to see more and more frequently. neil: hopefully that all ease as little bit. casey murray, southwest pilot union president. thank you for taking the time, casey. we appreciate it. >> thank you, neil. neil: you know if you looked at your utility bill, especially if it represents a home you heat by natural gas for example, that prices doubled, tripled, quadrupled. gotten to the point for a lot of folks, they have to put that bill off, or if they run a service, think of shutting down. food for thought from some corestaurant who are worried after this.

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♪. neil: all right. rye zinke was just the chart. there is a full congressional push for lawmakers to question our response, more to the point the administration's response to that chinese spy balloon. aishah hasnie has the latest from capitol hill. >> reporter: hey there, neil, good afternoon to you. we know we heard from several republicans who have been very critical of the president's response to this chinese spy situation. but now we're also hearing from democrats as well, especially on the senate side who also want to know how in the world this got into the us air space. democrat senator jon tester is one of them. he is the chairman of defense

appropriations and, neil, he already called for a hearing on last week's events. he says he wants, to quote, pull people before this committee to find out how this happened. also senate intel chairman mark warner, he tweeted his frustration over the weekend writing this, there is no way the ccp would allow a balloon like this to fly over the chinese heartland. >> mark warner is right, we should not have had this kind of incursion into the united states and we have a real problem with china on a number of issues. i'm grateful that the military took decisive action when they did, how they did, but we obviously have issues here. >> reporter: n.o.w., neil, we're expecting the "gang of eight" to be briefed this week. of course those are the congressional members on the house and senate intelligence committees including, and also the leadership on both sides of the aisle. there are expected to get a

briefing sometime this week. could even potentially happen before the state of the union tomorrow. and then next week all senators will get a briefing as well about this chinese spy flight. now getting serious about china is exactly why congress passed the chips bill last summer. you will remember they also banned the tiktok app on all government devices and it is also why house republicans created that new bipartisan committee on competition with the ccp this year. they want to get tough on china. as some lawmakers say, this is really, truly a sputnik moment. >> just as we were in a cold war then we are in a cold war with the chinese communist party and the difference though, and why this one is so much more dangerous than the one with the soviet union, is we are so economically dependent. they have created so many supply chain dependencies. again, i hope the silver lining here is, is this is a wakeup call for the country.

>> reporter: and by the way, neil, we already had a couple of house hearings on the schedule that were related to the china threat. those are still set for this week starting tomorrow with the house armed services committee. that hearing starts tomorrow morning and you can expect this china spy surveillance balloon, vehicle, to come up in that meeting. so a lot more china to come this week. neil: i have a feeling, ashiah. thank you very much aishah hasnie on capitol hill with that. we got "the big money show" coming right after this show. jackky dee dee with a preview. >> good afternoon to you, neil, that's right. we're talking china of the economic implications of shooting down that chinese spy balloon, eldridge colby, a former trump administration dod initial. we're talking about mortgage rates. they are falling. so how will that impact the fed? we've got all of that with kristin jordan. all coming up at the top of the hour. more "coast to coast" after this.

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already thinking of ways to really make russia pay for that and other activities in the ongoing war now almost a year old. the european union wants to ban russian diesel. madison alworth has more on the significance of this. madison. >> reporter: hi, neil, that ban and cap on russian diesel went into effect yesterday. essentially what it does is prevent the flow of refined oil products from russia like diesel directly flowing from the country into the european union. they have oil going to india and china, capped at $100 per barrel. this furthers a move done about it u.s. a year ago, further restricting those able to directly buy russian oil. even so because some purchasers are moskow is still able to make a profit. analysts say the move to allow some russian oil on the market helps keep the price down at the pump so we don't have a significant runup but it has also limited the amount of revenue available to russia to

continue funding their war. >> the sanctions have resulted in russia, in order to sell their oil to china and to india and turkey, they have had to discount it significantly and that has limited the amount of revenues available to russia to continue with their war. >> reporter: so you know as i mentioned this does come a year after the u.s. made similar moves. because of the new network though, russian oil is still winding up at our pump here in the u.s. india has become one of russia's top customers since the invasion of ukraine and once that oil is refined in india, its country of origin is labeled as indian. meaning it can be purchased here without any ramifications. the new york harbor bringing in 89,000-barrels a day from india. that fuel most likely is originating from russia. the second part of this is the price at the pump.

we're expecting to see a increase in prices once the fuel comes completely off the market. i hear it will take some time. in anticipation of the ban which they knew was coming a lot of european countries stocked up on russian fuel. once that is depleted we'll start to see a change in the price. particularly in the northeast we're expecting the biggest price change because we're very import heavy in this part of country. neil. neil: thank you, madison alworth on all of that. you're no stranger that utility bills are skyrocketing. some depending on natural gas see a skyrocket, average increases 300, 400, 500% and more even year. talk to jeff and nikosh they are co-owners of a restaurant, 24 hour restaurant at that in the san diego area. both kind enough to join us now. very good to have you both guys, and thank you for that. nick, begin with you on the

latest utility bill shocker. maybe you can tell us what has you so concerned? >> usage in gas is unchanged. it weren't up 400%. that is not including our electricity which is you know, that has gone up tremendously as well over the past two years. electricity is up to almost like 5000 a month. so combined, that we're paying sdg&e about $13,500 a month. that is just something -- neil: hard to keep up with, guys. jeff, what do you do? if you have a restaurant, run a very popular restaurant, but you would have to jack up prices a lot just to pay those bills, so what do you do? >> we just took a minimum wage increase which was foreseen and it wasn't a problem to prepare ourselves for that. now you get this 8,000-dollar gas bill and our payroll went up $8,000. so we have a 16,000-dollar hit this month. we have to try to figure out how to pay it. neil: what do you guys do? that is a strong headwind right

there, two strong headwinds? >> we can't raise our prices then have customers not come in. we have to like be cost courteous. we have to provide a service. we can't cut our employees and provide a lousy service. we have to keep the quality of our stuff going, so it's a very difficult situation. neil: nick, how long do you think you can do that? >> i mean luckily sdg&e released they were lowering prices by 70% for the month of february. i'm not sure how it went 400%, now lowering back down 70%. seems like something behind the scenes is going on. you know, we're dealing with the punches and keep going. neil: it comes at a tough time, this time of year, of course san diego is beautiful but but you do get cold spots. you wonder where you can adjust, where you find flexibility? i think you had said, jeff, it is easier said than done to start getting rid of people or

suddenly to start raising prices. so you just hope this fades a little bit and there is help from the utility comes in, what? >> you know, they say they're going to lower the cost, like gasoline went to $7, and now it is five. we've accepted that but, the problem is this business is as tough as it is. we have to figure out our costs all the time. we have to run our numbers. i don't see, you know, i don't know if it is 68% off our gas bill or 68% off of what we used to be paying. we haven't figured that out yet. we do have a very large bill to pay this month. neil: you do have a large following of devoted customers, so i think, they will be with you, man, it has got to make your job tough. gentlemen, thank you, thanks for sharing. maybe it is related to your customers, all your friends, all of you come on. >> come on in. neil: exactly, exactly. gentlemen, i appreciate that.

meantime how you get around stuff like this when it happens. rachel cruz, co-host of the ramsey show, a financial expert, maybe has some ideas, after this. ♪ dad, we got this. we got this. we got this. we got this. we got this. yay! we got this. we got this! life is for living. we got this! let's partner for all of it. edward jones

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♪ finish. neil: seems like everyone wants to the stretch your dollar further, for. [applause] nately, we have rachel cruz is us to the help out. what do you tell people who are up against these higher natural gas prices, we just talked to some restaurant the owners dealing with that, eggs, everything else. what do you do? >> yeah, it's so difficult. eggs, hike you mentioned, up 60%. the biggest thing is just being intentional, especially when it comes to your food budget. food is the place that we tend to overspend, so where you shop is really important. so things like the dollar store, for instance, not always a dollar, so remember that. but you can get better prices there. places like aldi, versus going to the nice, more organic type grocery stores. you can find good quality food, but where you shop is really important. neil: do all of these, and there

are a lot of variations of dollar type stores, do a lot of them offer food? >> yes. majority of them do, actually. so, yeah, you kind of think of them as one thing in your head, but when you go in, yeah, you can get the basics, something like that. and a lot of people really are saving a ton of money by doing this and, honestly, buying generic versus name brand as well is going to save you money. it's all about being intentional, neil. and where you can shop online and do your grocery tape of click list before you go and pick up your groceries, it's helpful so you can see the total versus getting to the cashier, seeing that total and going, oh, my gosh, this is way more than i was expecting. you can plan ahead doing that as well. neil: what are your thoughts of people buying in bulk? when i see processed meats and cheeses on sale, i get boxes of the stuff concern the. [laughter] but i'm told by my doctor not a good idea. how do you add vise people? >> you want to look at the price per ounce and just do the some

math to see, o.k., if it's the perishable stuff, usually not as good a deal. if you can freeze it, paper stuff, all of that. is it better for me to go to the a grocery store and buy in the or buy the 50 gallons of mustard we all want. neil: right. there are still people attach thed to brands, they will only buy name brands. what do you tell them? >> if it's in your budget and you have the money and margin to do it, that's great. but a lot of people are finding, gosh, we don't have a lot of margin where. energy price ares, electricity, food, gas, all of that, they're feeling that pinch. hopefully it's for a period of time. hopefully, you won't about have to the shop this way forever. but, again, where you can cut corners, it's going on the worth it for you and your family because i also want you to be smart with your money. you know the, neil, to pay off your debt, have savings in the bank. those things are more important than what type of mac and cheese you buy. neil: all good advice.

rachel, thank you very much. rachel cruze she knows what she speaks. she avoids the temptation to buy processed meats and cheeses. [laughter] thank you very much. we're hearing john kirby they have, indeed, recovered some remnants regarding this chew -- chinese so-called weather balloon, but they haven't done so much underseas surveillance yet where you're going to the find, obviously, the cage that was monitorings us or supposedly monoor thing our weather. again, tending on who you -- depending on who you believe. we'll see where that goes. in the meantime, now comes "the big money show," and jackie deangelis. jackie: thank you so much, neil. hello, everyone, i'm jackie deangelis -- taylor: i'm taylor riggs -- brian: and i'm brian brenberg. welcome to "the big money show." ♪ brian: our top story, breaking news in