stuart: i'm going with off right cream. they off-white green, according to the national association of realtors. they have an exterior color, one in 5. >> yellow. >> purple. stuart: wrong. it is brown. thanks for sticking around, don't forget to send in your friday feedback, varneyviewers@fox.com. we are down 200 on the dow. time is up for me. coast-to-coast starts now. dave: member the toxic train tragedy in ohio? president biden will visit east

palestine 7 months later. johnson leading a congressional field hearing into what happened there plus markets in a slump with oil, inflation, global uncertainty, all that and more rattling stocks, telling you what is going on with your money. the biden administration floating the idea of using atlantic city international airport in new jersey to house migrants. the mayor of where that airport is located is not on board. we will talk to her life coming up. i am david asman in for neil cavuto and you are watching coast-to-coast. our top story, money dump at the pump. us gas prices soaring to the highest seasonal level in a decade, second highest level while cuts are driving global

diesel prices higher. right into the is this with chuck devore and senior analyst phil flynn. good to see you. the price of regular is up $0.07 in august, the price of diesel was up $0.42 in august. diesel expects the price of everything. wise diesel up so much? >> combination of factors. the main reason is lack of heavy oil to refine diesel at the highest level. sanctions in russia and in venezuela, lack of that oil plus the demand for diesel globally is stronger than people fought for. when we disrupted russian supplies, provider of heavy diesel to europe.

then you have 15% more average for this time of year. dave: when we were energy independent it was a wonderful moment in our history. we didn't have to rely on the saudis and russians to set oil prices. now we are at their mercy or is that going too far? >> it is a bit complex. that is one thing. the biden administration promised they would go to war against american domestic energy before the election and they did. we've seen some of the policies these green energy policies that punish the reliable and affordable natural gas. other things we are seeing are the consequences of president biden's foreign policies, buttering up to the terrorist state of iran while distancing himself from saudi arabia. we don't have a friend in riyadh like we used to because of president biden's policies.

biden inflation, pumped trillions into the economy without boosting productivity and you will have more expensive. dave: then we have venezuela. maduro is our friend? does the biden administered in -- they have heavier oil. it is dirtier oil. that is the heavier oil, better with diesel but couldn't we get that ourselves in the united states? >> we should. one way to get more is if we didn't kill the keystone pipeline. there's a lot of heavy oil that comes out of canada that normally would be moving through that pipeline keeping prices down but going back to chuck's point he is right. when you talk about biden's foreign policy with saudi arabia, that production cut was a slap to the biden administration. they are raising prices to us

consumers. today directly to us prices of saudi oil that will hit everybody at home. dave: i want to bring it back home to our production at home. mckinsey and company had a great report a year ago saying health oil, oil in the gulf could produce an extra 1 to 2 million barrels a day if we wanted to. it is a cleaner burning fuel that comes from any other oil base and around the world and the biden administration is cutting back. couldn't that be something democrats and republicans could agree on? >> you would think. not only that but texas and oklahoma and north dakota. you may recall when president biden turned our strategic petroleum reserve into the strategic political reserve and withdrew a million barrels a day last year while he was combating the high prices, that

acted to dis-incentivize domestic production. we drained it to the lowest level that has been since 1983 while suppressing domestic energy production in the process. dave: we are refilling it now when prices are higher than they were. doesn't make a lot of sense. thank you for clarifying a lot of it for us. all eyes are on gop senator mitch mcconnell. the senator will hold his first news conference in two hours since freezing up twice at prior events. chad pogrom is on capitol hill with that and more. >> reporter: mitch mcconnell froze up the last time senate leaders met the press corps in late july, the first chance reporters will get to ask about his health since then. most gop senators stand behind mcconnell. >> i trust the doctor's

evaluation, let's move forward. glad he went to have it checked out. >> any concerns about visibility? >> no. i'm good. >> reporter: the attending physician says mcconnell is not suffering strokes. he is also not demonstrating signs of parkinson's. it is enough what just -- ophthalmologist who is critical of what he is hearing. >> to say this is dehydration. 25% of seizures, posttraumatic epilepsy. posttraumatic seizures. less than two minutes, only 17% show up. >> reporter: it is natural this would spur questions about long-term viability of mcconnell. gop members have no trouble

railing against the agent health of president biden. some see inconsistencies with defending mcconnell. >> don't think you can have it both ways. if you are concerned about the president's ability to do his job, and i am and a lot of republicans are, you've got to be concerned with somebody from your own party. can't be sauce for the goose but not for the gander. >> is he able to do the job? do i think he should be leader? no. >> reporter: mcconnell only referenced his health problems in passing yesterday. we will see if he fields questions about his health later today. this comes as the senate faces a hectic schedule to avoid a government shutdown in october. dave: good to see you. senate republican whip john thune says mcconnell has his support to continue as leader. something echoed by other gop senators. let's ask foreign service member mark wayne mullen what he thinks, great to see you. thank you for being here.

it is a very busy time in our history and our economy. a lot going on. do you have confidence mcconnell conserve in that role as republican leader in the senate? >> i do. i had multiple conversations with him. sometimes we agree, sometimes we don't. 's competency level has been higher speaking on the floor, speaking on conferences he will be speaking to the party in just about an hour. we scheduled lunch together and every time i've spoken with him he has been clear and very precise on what he is talking about. i think there are other health issues, neurology, it is funny the media is focusing on mitch mcconnell, we have a president who gets lost when he is at a podium and you've got to have a conversation about both but when you have a clean bill of

health there is senator mcconnell. dave: we are covering all sides of the issue of the competency of our representatives but i understand what rand paul is doing, what was causing those freeze ups, it wasn't a stroke. didn't explain what it was. >> i encourage -- he talked about having polio. i'm not a doctor, don't pretend to be. a lot of people who had polio, the ones looking to survive, the polio came back, all types of pain. just looking at him, someone who has dealt with a lot of pain, sometimes hinting and looks to me it is hinting and

he's holding on, holding on to get through it. i talked to him afterwords, he was perfectly okay, we were in communication on the phone. he was fine and the polio affecting his nerves, just speculating, i give him the benefit of the doubt. i'm not here to defend mitch mcconnell. i'm just being truthful. dave: let's move on to the issue you are dealing with, the possibility of another government shutdown or partial government shutdown. we've seen it before. it is coming up quickly. the time is passing fast and the chances of partial government shutdown are good. what do you think? >> hope not. we can avoid it. most of us, this is time to shut down being so aggressive.

we need to be invested in the military, we got to be responsible got to cut spending, we are doing that. i think the house is trying to do the best they can for america at the same time. republicans only control the house. we don't have control of the senate. whatever mccarthy passes, the house has to get through. chuck schumer has to sign it. all of us are working to avoid that shut down and it is a process of what can we do? you and i can both agree we are looking at short-term cr. dave: continuing resolution which solve the problem in the short-term. i want to ask about spending on ukraine. there's another billion dollars. i understand arguments in favor of funding ukraine but i am wondering is there any limit to

that checkbook? >> there has to be. we have to get responsible for spending. at the same time you are aware of january of 94 when we agreed to help protect ukraine. if ukraine would give up their nuclear weapons. you and i can sit here and agree and would not have invaded ukraine if ukraine still had nuclear weapons. in that treaty, that agreement, we said if an invading force were to attack ukraine or invade, we would be there to defend. you and i and everybody else are only as good as our word and we did agree to that. at the same time, we've got to be responsible for the dollars we are sending to them and something the biden administration did not do is talk to us about the money they want to send and how it will be spent. i get that they can't go public because it is more but i sit on the senate armed services and they come in and brief us and in tell us how the money will

be spent so we can be accountable. dave: very quickly i want to talk about china banning the iphone use for the government phone which might amount to hundreds of millions of phones. they are cutting their reliance on our tech products while stealing blueprints for those products. what do you make of that? >> what a communist regime does, they control every aspect of us, the communist country of china and the people who live inside. it is about more control, controlling their technology, every country, every business does business in china understand you will lose your intellectual property. they don't create anything on their own. they take it and dissected our intellectual property and we have known this for years, we have to hold them accountable. dave: i want to ask about oil.

thank you for being here. we mentioned rand paul. he is going to be on with larry kudlow at 4:00 p.m. eastern time. still had, the biden administration's plan to house 60,000 illegal migrants in wellborn -- well-known airport in new jersey hitting a lot of turbulence, one of the mayors speaking out against this proposal is here and joins us after this. ♪ ♪

♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. ♪ explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™.

this is your summer to smile. to raise your glass and reconnect. to reel in the fun and serve up great times. to help you get ready your aspen dental team is celebrating 25 years of affordable care with an epic summer of smiles event. right now, new patients without insurance get a free full exam and x-rays. plus, everyone can get 20% off their treatment plan. but hurry, because while these summer savings won't last, the memories you make together will. aspen dental. book today. blackrock silver is bringing new life to one of the great american mining camps in the silver state of nevada. with a new resource estimate imminent, one of the highest grade silver projects in america is about to get bigger. blackrock silver. the power goes out and we still have wifi projects in america is ato do our homework. and that's a good thing? great in my book!

who are you? no power? no problem. introducing storm-ready wifi. now you can stay reliably connected through power outages with unlimited cellular data and up to 4 hours of battery back-up to keep you online. only from xfinity. municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free, now is an excellent time to consider municipal bonds from hennion & walsh. if you have at least $10,000 to invest, call and talk with one of our bond specialists at 1-800-217-3217. we'll send you our exclusive bond guide, free. with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country.

they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. dave: arizona's independent senator kirsten sinema will lead hearing about the biden administration's handling of the southern border. he has not been happy with the white house since it doled out more federal funding to new york than the border state. aishah hasnie has more details on all this. >> reporter: this is a huge topic of contention on the hill. moments ago the number 2

democrat in the senate told me the border issue especially in those blue states is going to be a political challenge in 2024 but he was trying hard to shield president biden from taking any blame. >> reporter: is the white house doing enough? >> 30 years since we discussed immigration. how about ourselves? >> reporter: blaming ourselves may not be enough for kirsten sinema who will be leading the hearing about the biden administration's handling of the border after the end of title 42. sure to come up, the fact the white house doled out $134 million for new york state, that's over 69 million and actual border states. that's not enough for new york as we see more protests breaking out over the migrant surge. governor kathy hochul is publicly blaming president biden calling on the federal

government to fix the border and despite their complaining, they are blaming house conservatives for threatening to hold up government funding over, what else, but securing the border. he is congressman chip roy. >> we don't need more money for more processing. we don't need more money to keep ignoring the law. we need to actually enforce the law for the good of our country and migrants. >> don't have any intention of agreeing to follow the policy and priorities of this administration which are contrary to the people we represent. >> reporter: the border issue turning into a big policy issue for the white house and democrats as we roll into 2024. dave: senate majority leader schumer is from new york. the suggestion is it had something to do -- >> reporter: as is leader

jeffries in the house. the point that kristin sinema has brought up. dave: local leaders pushing back on a proposal to shelter asylum-seekers at the atlantic city airport in new jersey. republican mayor laura fromberg joins us. i want to be clear, it is egg county in which the airport is located, right? >> the town in the country. dave: how many migrants does the department of homeland secret he want to send to the airport? >> they gave no information and potentially 60,000 migrants. dave: 60,000. they haven't mentioned how long they would be in the airport. >> they mentioned nothing. this came out on a new story and we took it from there. dave: have you called the department of homeland security

to find out what is going on? >> i have not but members of our organization have. nobody has answers for us. dave: do they put you on hold? they must respond in some way. >> we are a town of 50,000 people and they want to bring 60,000 people in here. makes no sense whatsoever. dave: i am sure they would say in any public declaration that the federal government would take care of it. there have got to be expenses that spillover into the township, right? >> we have to educate everybody who comes to the town. the cost of educating students $20,000 in this town. we are the whole town and airport. between that, security, police, infrastructure, this whole area would be overwhelmed. dave: what part of the airport

to they want to use? an old hanger or series of hangers or what? >> there is an active airport and back areas of the airport itself is under control of the state of new jersey but there is a lot of federal land because we have an airbase and technical center. the bottom of sending them to an area that's classified is mind blowing. dave: you mention a word the temp important word that's overlooked in these conversations, unvented. we know now from our experience in new york city, from other cities the lot of the people being forced to house and feed et cetera have not been vetted. some turn out to be criminals. a case in new york city where of venezuela was arrested six times for violent crimes, released, that's part of new york's problem but a lot of these migrants have not been

vetted and might have criminal backgrounds. that's the fear of many of your constituents. >> the fear of a lot of people in this area because we don't know if anything is coming but we don't know who they are, what they are. not having a policy on the border leads to this. there is so much fear and uncertainty in these times. our job is to protect our citizens. dave: some folks are blaming texas governor abbott because we know he sent buses of migrants to new york and into the northeast in general but in total the total number of migrants abbott has sent to new york is 7,900, a fraction of the 60,000 or more, new york says it has 100,000 migrants. clearly this, the vast majority of these migrants are being sent by the dhs, right? >> correct, that is what i understand.

dave: we got to run but it is just extraordinary nobody at dhs is contacting you and they are not responding to your questions. what are your options in terms of getting answers from the department of homeland security? >> our options are making a lot of noise. jeff van drew has been doing that on our behalf. communication works. they want to affect the individual citizens, they need to let us know what the plan is and they don't follow their own plan. they don't follow the rules on the border. a big thing to start. dave: it is an acceptable for them not to contact you or respond to your attempts to contact them. thank you. we will continue to report on what is happening in your township. please come back anytime. appreciate you being here. masks might be making a comeback. some schools businesses are bringing back covid restrictions.

♪ (vo) while you may not be a pediatric surgeon volunteering your topiary talents at a children's hospital — your life is just as unique. your raymond james financial advisor gets to know you, your passions, and the way you give back. so you can live your life. that's life well planned. the day you get your clearchoice dental implants makes every day... a "let's dig in" day... mm. ...a "chow down" day... a "take a big bite" day...

a "perfectly delicious" day... - mm. [ chuckles ] - ...a "love my new teeth" day. because your clearchoice day is the day everything is back on the menu. a clearchoice day changes every day. schedule a free consultation. book a work trip. earn onekeycash. shake some hands. do not forget to laugh. [laughing] book a get-away-from-work trip. use onekeycash. order some sides. do not disturb. join one key to earn and use rewards across expedia, hotels.com, and vrbo.

after advil dual action back pain... yo! uh! ha! ha! [dog bark] what? my back feels better. before advil... new advil dual action back pain fights back pain two ways. for 8 hours of relief. 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 businesses need 5g solutions today. that's why they choose t-mobile for business. mlb partners with t-mobile to not only enhance the fan experience, but to advance how the game is played.

aaa relies on t-mobile's network to stay connected nationwide, so they can help get their members back on the road. and we're helping pano ai innovate, to stop the spread of wildfires. now's the time to see what america's largest 5g network can do for your business. i'm saving with liberty mutual, mom. they customize your car insurance so you only pay for what you need. you could save $700 dollars just by switching. ooooh, let me put a reminder on my phone. on the top of the pile! oh. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

dave: welcome back to coast to coast. the nasdaq just dropped below its 50 day moving average indicating a bearish trend down 11/3 of 1%. david wagoner is here to talk about this. i understand it is a slow month but are we moving into a trend now? downward trend? >> it seems investors specifically for the nasdaq and the s&p are not buying the dip today. thinking back to 2,020 one, every time the market had a 50 day average we would have buyers come into the market but now that it has dip below the

50 day moving average and headed into a seasonal month, the data came out this morning was very eye-opening. they came in stronger than anticipated. if you look at the four constituents, the new orders and the business activity, inflation continue to go higher and that rang true of the cleveland inflation cast which showed inflation for the up and coming month is 0.8%, much higher than we have seen the last 2 or 3 months. dave: a lot of inflation for managing we've not seen yet, talking about diesel oil prices, 40% in the month of august.

these will show up as inflation too. >> 100%. look at crude it is up 27% in the last 3 months. the performance of the energy sector versus a discretionary sector. we see the uptick in crude, the energy sector has followed suit but that has a damper on consumer discretionary sector which found a lot of weakness. consumer spending if you're spending too much money at the pump or overextending on the budget you are probably not going to be spending on services, that is what the discrepancies between those sectors. dave: you are not a political guy, but on the other hand you can't avoid it sometimes. the approval, the disapproval rating by the american public is pretty large, a wall street journal poll this weekend, 59%

of the public disapprove of bidenomics, only 37%. is that playing into these market calculations. >> i would think so. the election battle last four elections. and it has taken personal savings rates, the job data, what we have back, jolts come down but unemployment jumped to 3. 8% off% off of the heels driven by increase in labor participation rate. more people are coming back into the economy, getting jobs to keep up with inflation. maintaining their lifestyle. dave: and we talk about credit card debt which is up to

historic lies, people using their cards to pay off loans and paid for in cash or checks. great to see you, thank you for being here. rising mortgage rates and high prices are not stopping the average person from buying a new home. what kind of surprises do we have? >> reporter: a lot of factors at play. what we are looking at today, all of this impacting the investor. we are seeing a huge pool back from investors in the real estate market. real estate investors are buying 45% fewer homes compared to a year ago. that was the biggest decline since 2008. it outpaces the drop in overall home sales of 30%. the market in general is pulling back. mortgage demand fell to a 27

year low last week. that impacts some real estate investors. many of them make cash offers. the other factors on the investor side, high home prices along with limited inventory and economic uncertainty. this could mean an opportunity for families. seven in ten investor purchases aren't single-family homes. with less of them in the market, there's more space for families to get into single-family homes. >> 1000% it opens the door for them. there were many times i was heartbroken having to present what was a clearly better offer from an investor two years ago knowing it is in their best interests but knowing a family lost out on a great home because of it. >> reporter: potentially some good news. the market feels expensive.

mortgage rates, we saw it deepening but over 7%. if you can afford a mortgage and the high home price you are in luck. the reality is inventory is a huge struggle for those buyers. less competition for the families, potentially good news but there has to be a home available and still struggling. dave: if this inflation does kick up as a lot of people fear the price of diesel oil etc. that means there may be another rate hike coming, we could see rates over 8%? >> there's talk of an 8% mortgage rate in the past several -- dave: that would freeze up the market. thank you very much. getting get to the bottom of the east palestine train disaster residents one dancers and now a hearing set for this month, we are learning more from the congressman leading the effort right after the break.

your record label is taking off. 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 every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possible to use predictive monitoring to address operations issues? we can help with that. can we provide health care virtually anywhere? we can help with that, too. is it possible to survey foot traffic across all of our locations? yeah! absolutely.

with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. your best defense against erosion and cavities is strong enamel- nothing beats it. new pronamel active shield actively shields the enamel to defend against erosion and cavities. i think that this product is a gamechanger for my patients- it really works. i got into debt in college and, no matter how much i paid, it followed me everywhere. so i consolidated it into a low-rate personal loan from sofi. get a personal loan with low fixed rates. borrow up to $100k. and no fees required. sofi. get your money right.

♪ chevy silverado has what it takes to do it all. with up to 13 camera views. and the z71 off-road package. ♪ you ok? yeah. any truck can help you make a living. this one helps you build a life. chevy silverado.

dave: i am not sure if government agencies are lying to us. i'm not sure. there has been no federal help from the president on any cleanup or assistance to residents who may want to leave this place. dave: east palestine resident on missing leadership from the federal government at the site of the february train derailment. bill johnson is here to tell us about the upcoming hearing. thank you for being here. i want to get to the hearing but i want to roll some soundbites of exchange between peter doocy and the white house press secretary about the president and his plans to visit east palestine.

>> a long weekend, he hasn't had occasion to go to east palestine. the derailment was on february 3rd. president biden is not been on a break since february 3rd. >> the present will go to east palestine, he promised he would and he will. you saw him. >> he was not on a break. >> the president is going to go to east palestine, he's committed to do. dave: what do you think of that, congressman? >> that is not the first time the president has backtracked. he told me he was going to help businesses in east palestine and hasn't done that either. he was going to call me to the white house to meet with him about how best to do that and i never got that invitation. the people of east palestine

respect the office of the president. no matter who is sitting in that office, for the president to come to a community like east palestine to show that he cares or she cares, that's an important touch and it would be received very positively. i will not hold my breath. dave: after so many months we had donald trump go back in february to look at the situation, the president has been on so many vacations over the past year. i just wonder how well he would be received. isn't there resentment building up among the people of east palestine? >> i heard the clip that you played earlier. certainly the residents are smart people, they see for themselves, they see the

president going to the bridge collapsed disaster over near philadelphia. they have seen the president go to maui. he should have gone to both of those, not saying he shouldn't have gone but he should also come to east palestine. it is remarkable that the administration has not had time to respond to governor mike dewine's request for emergency declaration. outside of the federal epa which i believe the epa administrator has done an admirable job in responding to the cleanup and the disaster. outside of that you haven't seen a lot of response from the president and his administration. dave: i have to ask, what is the biggest need right now for the people of east palestine? >> the people of east palestine want things to return to normal.

the biggest need they have is to get the cleanup done, get the trucks off the road, get the contaminated soil out of their, let that community return to some semblance of normal and beyond that, what we are looking on with victim compensation for residents and businesses, the railroad, i feel confident the railroad is going to do what they committed to do which is to be there for the long-haul. i've been there. i lived there for the first three weeks after the derailment by self, i am back there every week that i'm in my district and i will continue to do so and this hearing on the 22nd is part of that. let's take a look at the stakeholders in the local community and see what they are saying. dave: we will be following it. thank you for being here today. mask mandates are coming back at schools, businesses and

hospitals around the country, covid cases rising yet again, griff jenkins has more on this. >> even at the white house, the president is confused about his own guidance as the press secretary curry jean-pierre laid out yesterday or he's ignoring it. look at this. you see the president starting with mask on, he takes it off, then he's putting metal on a war hero maskless in close proximity and then he walks out among the crowd without a mask. as classes return, an element of the school year in the dc area is bringing this back, writing to parents this. staff and identify classes or activities are required to mask while in school for the next 10 days except when eating or drinking, it comes as doctor

marty says there's little to be done, came up with the conclusions some people didn't like and that is that masks had no impact on the trajectory of the infection. >> one lawmaker pushing back against masks, j d vance proposed a bill that would ban mask mandate in 2024. >> this is coming back unless we stop at happening. that is why introduce this legislation and i will force democrats to vote on it. >> hospitalizations have risen 50% last week. they have high hospitalization rates. people should mask up indoors and in public. dave: that's the question. let's see what is coming up on "the big money show" in 15 minutes.

jackie: republican presidential hopefuls, bill hemmer stopping by to talk about where everyone stands in this race. your gas prices are up but diesel, and larry kudlow on biden's warren energy but first more coast-to-coast after this. (fisher investments) in this market, you'll find fisher investments is different than other money managers. (other money manager) different how? aren't we all just looking for the hottest stocks? (fisher investments) nope. we use diversified strategies to position our client's portfolios for their long-term goals. (other money manager) but you still sell investments that generate high commissions for you, right? (fisher investments) no, we don't sell commission products. we're a fiduciary, obligated to act in our client's best interest. (other money manager) so when do you make more money, only when your clients make more money? (fisher investments) yep. we do better when our clients do better. at fisher investments, we're clearly different. (psst psst) ahhhh... with flonase, allergies don't have to be scary. spray flonase sensimist daily for non-drowsy,

long lasting relief in a scent-free, gentle mist. (psst psst) flonase. all good. (sfx: stone wheel crafting) ♪

the biggest ideas inspire new ones. .. created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ i don't want you to move. i'm gonna miss you so much. you realize we'll have internet waiting for us at the new place, right? oh, we know. we just like making a scene. transferring your services has never been easier. get connected on the day of your move with the xfinity app. can i sleep over at your new place? can katie sleep over tonight? sure, honey! this generation is so dramatic! move with the xfinity 10g network. nice footwork. man, you're lucky, watching live sports

never used to be this easy. now you can stream all your games like it's nothing. yes! [ cheers ] yeah! woho! running up and down that field looks tough. it's a pitch. get way more into what you're into when you stream on the xfinity 10g network. here's why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built n engine like google, but it's pi and doesn't spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. and there's no catch, it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today.

dave: bill gates is betting big on a bud light comeback. he has acquired 1.7 million shares of anheuser-busch. the president of operations anton ferrick's is here. is bill gates making a mistake? what do you think? >> bill gates is making a mistake. he made $900 million mistake when he invested in their largest rival earlier this year. since that investment, it is down 10%, brought markets up 10%. i was looking for advice on software companies, tech companies, might go to bill gates. he has a great track record on investing in winners at this point. for the company sake they would be better off if they were everyman type of person.

not necessarily somebody like bill gates who doesn't resonate with the common man. dave: is anheuser-busch betting on its esg woke ideology? >> at this point they have yet to come out and say who they are brewing there beer for. they have a fiduciary responsibility to their shareholders. to look at great products and she soldier services for their shareholders, i found a company called strive asset management for shareholder value. another camp, the vanguard camp that has anheuser-busch focusing on staples, not necessarily focus on shareholders but activists, political organizations and others. the ceo of anheuser-busch saying we are moving forward. serving great beer that is cold, has football for customers or getting involved in these political issues. i hope moving forward they will

focus on shareholders to get start going in the right direction. dave: bud light, disney, many examples of companies of not done well for their shareholders as a result of these esg woke policies. you mentioned your own company, if you heard of it before, no offense to you, it was cofounded by someone running for president, vivek ramaswamy. you passed the $1 billion in assets point so congratulations to you. it focuses on non-esg style companies. >> that is it. we started strive asset management to solve a fiduciary breach. you had large assets investing in client capital, nonfinancial interests. environmental issues, social issues that have nothing to do with companies making money.

we said we will create a new company that will act in the sole interest of maximizing shareholder returns and operating the best financial interest of our clients. it is simple. my cofounder vivek ramaswamy left earlier this year to run for president of the united states. an incredible team in ohio, great personnel additions earlier this year. he is somebody who has management experience, done a nice job building relationships, pension funds and others, launched 11 different funds. hopefully passing $2 million soon. dave: good news for you and your company. more coast-to-coast right after this. teeth sensitivity is so common.

it immediately feels like somebody's poking directly on the nerve. i recommend sensodyne. sensodyne toothpaste goes inside the tooth and calms the nerve down. and my patents say: “you know doc, it really works." so, you have diabetes, and your glucose is heading low. [ alert sound ] dexcom g7, the most accurate cgm, can alert you before you go too low. now, that's more peace of mind with dexcom g7. ♪ ♪ ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. ♪ explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™.

♪ (upbeat music) ♪ ( ♪ ) constant contact's advanced automation lets you send the right message at the right time, every time. ( ♪ ) constant contact. helping the small stand tall. she runs and plays like a puppy again.

his #2s are perfect! he's a brand new dog, all in less than a year. when people switch their dog's food from kibble to the farmer's dog, they often say that it feels like magic. but there's no magic involved. (dog bark) it's simply fresh meat and vegetables, with all the nutrients dogs need— instead of dried pellets. just food made for the health of dogs. delivered in packs portioned for your dog. it's amazing what real food can do. every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possible to use predictive monitoring to address operations issues? we can help with that. can we provide health care virtually anywhere? we can help with that, too. is it possible to survey foot traffic across all of our locations? yeah! absolutely. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. you can't buy great conversations

or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. t. rowe price, invest with confidence. dave: look at the markets. it is ugly site. markets took a turn for the worse during this past hour. all the indices hitting their lowest since august 24th. the s&p now joining the nasdaq falling below its 50 day moving averages. the close at those levels may be an indicator of continued downward trend. that does it for us. coast-to-coast, jackie deangelis and "the big money show" in the next hour. jackie: good morning. jackie: i'm jackie deangelis. taylor: i'm taylor riggs. brian: and i'm brian benberg.