forty%. neil: could is 2 thirds of us. 64%. >> i think most people, only 30, only one third of americans, you tend to snore more when you get older, don't you? whatever. 32%. that according to the sleep foundation, 44% of those are men, 28% are women. you are more likely to snore if you are a guy and in my opinion more likely to snore if you are a guy and getting older. are we clear on this? yes we are. time is up for "varney and company". i will countdown to coast-to-coast, 3, 2, one, starts now. david: presidential candidate nikki haley rising the polls and beating out other candidates on the republican side to beat biden in a head to head paul, what does the other big democrat in the 24 race think of this, we will ask

rfk's former campaign manager coming up plus new jersey braces for an influx of migrants, major airport there, it is already happening in another big city. we will pool back the curtain on the growing shelter at chicago's o'hare airport. some in the gop want to know why ford is partnering with the chinese company in michigan taking advantage of taxpayer subsidies. one of the lawmakers leading that probe. i'm david asman in for neil cavuto. let's get started. let's get to our top story. markets are looking okay but they are headed for a trifecta of losses for the week, all three ending the week in the red with apple dragging the nasdaq and the s&p with iphone

maker taking close to a $200 billion hitters a result of china's iphone restrictions. let's get to the director of strategy, stacy and exeter ceo brandon daniels. happy friday to everybody. even for apple because we know how much cash they have on hand, $200 billion is a big deal. a bad week for apple, bad week for the markets. what is going to happen next week? >> it was a bad week for apple, this was bad news even though so far it is contained, we don't know the band will be extended but most important if you look at the chart apple held its august 18th low of one hundred 70 one 96. it didn't trade below that low so bidders came back and yesterday, closed off of the low. that's a good technical signal for apple. that news is priced in but as far as tech stocks go, they

have lofty valuations from a lot of ai hypo. apple plus nvidia equals 11% of the s&p 500. movement of those stocks create a lot of movement in the indices, the nasdaq 100, not concerned that tech is over until it closes below 15,000 and then reversion when we actually take the most recent bubble out of tech, 12,500. i don't know that we will start that just yet. david: a lot of what makes investors nervous is faith in the fed. it was shaky a year ago and they were wrong on inflation and it began to strengthen. may be we will go into a soft landing. it came to an abrupt halt late last week and earlier this week, concerns about inflation when you look at the price of diesel fuel up $0.42 in august alone. just about everything moves on

diesel translate into higher inflation. >> absolutely does. a big part of the overall market conditions that will create enhanced demand on critical goods. we see a reduction in spending, we see some of that demand from an economic perspective start to wane but that still doesn't ameliorate the issues we have in terms of supply shocks as we look at russia/ukraine war, as we look at continued challenges in price models and core, oddities, hard to shake those things off and i think the fed is going to have to continue to lead in and they signaled that the last time they met and presented. ashley: david: it means another rate hike. how will that affect the nation's economy, in particular, housing prices were up a little bit which was a

good surprise we got but the housing market in general is kind of frozen. if rates go up 8% which could happen with another fed hike, what happens to our economy then? >> the real problem is 60% of the populace is living paycheck to paycheck and increasingly putting things on credit card debt which is more onerous with every rate hike but to talk about oil, oil is up 34% off of the low, 1 to 2 month lag before oil shows up in headline cpi. we know that all commodity prices that have risen due to the demand in july, barbie mania, taylor swift mania, a drawdown in savings, a number of interesting drivers for july and the demand in july that are going to show up in an increase in prices in the coming months because there is a lag affect for 8 months for food so the fed has to remain completely tight, totally hawkish until they bring something. i know they will pause in

september with the kind of wait and see because some of these catalysts are going away as student debt payments come back online but the problem is in november if we don't have a credit situation the fed is going to be stuck between a rock and a hard place and continuing to tighten and fiscal policy, got the debt ceiling coming up again, that is counter active. david: i want to get brandon in for a final point because of the issue of the president essentially breaking the law, no other word for it, he rescinded part of the 2017 tax code that had to do with drilling in alaska, sort of on his own he did it, there are questions whether that is legal or not but that clearly sent another message to futures markets on oil that it is not going to get any better. >> i think the political issues are going to dominate the

markets, that is what you saw in the beginning of the conversation with apple where you see geopolitical tensions between china and the united states starting to pull back on the markets. i think political issues when it comes to different stances on esg, the various incentives with european relationships with china or some of the eastern countries versus the united states, demand for independence, those things are going to create these political clashes over the next year that are going to leave the market in a tenuous position until we can start to see interest rates start to stabilize and consistent growth and evidence the soft landing has happened. david: great to see you, thanks for being here. president biden and the prime minister of india meeting moments ago at the g 20 summit

with a rise in global tensions, vladimir putin and president xi are skipping the event. peter doocy joining me now from overseas. >> reporter: indian and us delegations put out a joint statement, a word that is missing from it is ukraine. that's part of the issue as these leaders get together. not everyone is on the same page anymore about condemning russia for their actions in ukraine. of that said we heard from the treasury secretary, talking about china as well telling us of that in china, things relating to the economy might not be as good as they seem and deafening not as good as they have been in the last four years. >> china's growth as slowing over time, china has quite a bit of policy space to address these challenges so we are

monitoring the situation. i don't see this having a very significant impact on the united states. >> reporter: the 20 plus motorcades sneaking through new delhi will soon be at the same place but may not find themselves on the same page. china probably won't want to sign onto reform the world bank because that would encourage developing countries to stop taking high interest loans from beijing. china and india hesitate to cooperate with emissions cuts as they use coal powered factories to keep growing their economies and russia, the war in ukraine, that could table a big joint statement. >> the question, well every country step up, be responsible, be constructive? the if the answer to that is yes, we will get a statement but it's too soon to tell. >> reporter: president biden landed, he had an hour-long

meeting with prime minister modi and now he's back at his hotel until tomorrow. david: that clock, it is actually now 9:09. they have 91/2 hours. i wanted to make that clear. >> 9:39, 9:39. don't know why they got that. david: good to see you. with the saudi's dominated the energy market biden skipping the asian summit in indonesia, spending 9/11 in alaska. i will go to hudson institute senior fellow rebecca heinrich. so many questions i am sure our allies and our enemies have about our future but what do you think they think is the biggest problem in dealing with the united states right now? >> it is that there isn't a coherent strategy. very difficult to know what the united states prioritizes.

the united states is in the beginning of along cold war. the other side of the equation is china, russia, north korea and iran collaborating with other countries so the united states doesn't just need to show allies and partners an alternative vision where the united states is the strongest power, we need to be boxing out these other countries so president biden's absence at the conference is a big deal sending kamala harris is a terrible second-best, no one thinks you will get deliverables to the united states. david: it is a problem for the us particularly with our dealings with saudi arabia hanging in the balance but the elephant in the room is the absence of one of the elephants in the world and that is president xi. was this a direct snub of the united states? >> i don't think it is a direct snub. it could be but i think he thinks he's already cleaning our clock and all these other

ways demonstrating use president and other parts of the world and doesn't need to come to this particular summit. either you run the show or the show runs you. in the case of the united states, we are having the show run us. president biden was also absent when he went to asia, he skipped australia and popper one new guinea, two countries the desperately want the united states to be a present after feeling the threat of china aggressively acting in the region. president biden is often absent and he blames all these other things but presence right now is so important for the united states. david: we talk about what the world think of us, what does the roping of china? their built-in road initiative had mixed results. a lot of countries having second thoughts about it. they thought they were getting free stuff from china, didn't turn out that way. a lot of countries in africa, latin america have severe second thoughts and they want

to eclipse the us economy, they want to use their own currency as the dominant currency in the world. do they have any chance of doing that or is the world stepping back from china? >> it's interesting, china is offering a lot of bad things that go with the good thing they are offering but china is still present, offering infrastructure, tangible things and if the united states is going to send kamala harris to talk about very abstract theoretical principles, other countries might say there's lots of bad options around but who is going to be the biggest, strongest country in the region offering something, might pick something i don't prefer but it is going to be better than the other alternatives and that is where i am getting uncomfortable. we got opportunities for the united states reverse american decline, contest china, contest russia and these different regions but with president biden we've not seen that. we've seen a really limp effort in diplomacy.

david: we have some breaking news. president biden is going to be spending 9/11, first president to spend 9/11 away from that one of the places we were not attacked who, in alaska. do allies think we are taking our eye off the ball of terrorism here? >> a matter of us leadership. a lot of people still associating 9/11 with afghanistan, the president still has that afghanistan precipitous withdrawal. it's not good for him so it does seem he's distancing himself from that. david: thanks for being here, appreciate it. we have some breaking news just coming in, interesting political news. nancy pelosi announcing she will run for reelection for her house seat next year. she's 83 years old, god bless her, first elected to congress in 1987, made history becoming the first female speaker in 2007 and in 2019 she regained the speaker's gavel so nancy pelosi is going to be running again.

in the meantime new paul's show president biden losing his edge against republican opponents, the surprising matchup it's getting attention right after this. ♪ i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so... ...glad we did this. [kid plays drums] life is for living. let's partner for all of it. i'm so glad we did this. edward jones

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is whether it is hard truths on the fact that national security matters and you can't just say crazy things and not go and protect americans in the process or talking about parents rights, those things matter to americans so we are going to keep speaking hard truths but also what the solutions are to fix those things. david: that message may be resonating with voters. a hypothetical matchup of gop candidates versus president biden shows nikki haley beating the current commander-in-chief by 6%. more than any other candidate. let's get to the man who has something to say about that, mark gordon, the co-chair of the rfk junior aligned super pac american values. thanks for being here and we should mention the more you see things like that, every candidate except one running on

the gop side can be biden it weakens the position biden has against challengers like rfk junior. let me just start with you. you are a lifelong democrat, what made you veer away from the establishment democrat position on things and go with rfk? >> i never felt a particular committee to politicians in either party. our system in order to get ahead politicians in general have to cut deals with very powerful interests and i always found that on savery. rfk junior is a different sort of candidate. he has been outside the system. he stands up for people. he has a career spent his career fighting corporate corruption. chemical company use, he has spoken the truth about corruption in our system.

that point inspired me to get involved and spend time supporting him. david: maybe because of that, the fact that he's attacking the establishment, the establishment is attacking back, not only the democratic establishment per se but also their friends in the media. i just want to read to you from one perspective, the kennedy beacon suggests, quoting now, they are waterboarding his campaign with mainstream media's half-truths bills intended to diminish him and americanize and we can voters capacity to decipher truth from lies. do you agree with that? >> absolutely. it is really really sad how the democratic party has chosen to embrace the tools of lies and censorship in order to support itself when cleaning house and addressing structural problems and corruption within the

party. we now have social media that has been taken over by the cia with the profound corruption that means and strongly aligned with the democratic national committee and they are using the tools they have at their disposal to try to slander robert kennedy junior and to diminish him in the eyes of the public but he is fighting through that and gaining support and it's very hopeful and encouraging to see. david: some polls are now showing a slippage, he had a strong double-digit lead, other than biden in the democratic race for the presidency. some polling now has him down to 9% so apparently these attacks are working get for the moment. how do you fight back? >> certainly i'm not sure i

agree with that 9%. i have seen, there was a recent poll in new hampshire, 31%, south carolina 24 among democratic voters but again, it is a great challenge to try to work around the enormous structures of censorship that exist on social media. a burning supporter last time around who said i use to get all my news on instagram and used to see stuff from bernie, i don't see any news anymore. there really are conducting massive censorship campaign. we are trying to goes to rate to the people, and reach out through what's available. robert kennedy junior getting on a ton of podcasts so people can find him but there still is a democratic media bubble that's tough to penetrate. david: very tough, we have to run.

i'm getting the push sign but quickly, very quickly, all this takes money. how's the fundraising going? >> we are in conversations with several very large potential donors who are seeing the enthusiasm rfk junior is generating and i'm optimistic we will be getting something in the near future. david: great to see you, thanks for coming in. appreciate it. coming up, we are going to bring you breaking news out of the georgia special grand jury looking into donald trump, new information showing the grand jury recommended casting an even wider net of indictments, more than the 19 including trump. we will tell you the details. ♪

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david: breaking news about the georgia grand jury that slapped trump and 18 others with multiple indictments, looks like the grand jury wanted to to handout charges on more people for that. >> reporter: it started out as a larger investigation at least based on this report that was released this morning from that special grand jury, the trump campaign responded shortly after its really saying in part, quote, in a clearly biased, un-american act a majority of special grand jury is voted to indict dozens of innocent individuals including former and sitting united states senators simply for raising concerns about election integrity in exercising their first amendment rights under the constitution. this is the first time the

public has been able to see the special grand jury report that was completed last december and it shows the panel recommended indictments against 39 individuals, more than twice the 19 who ended up being indicted by a regular grand jury that met in august, prominent individuals recommended but not indicted include former republican georgia senators kelly leffler and david perdue, south carolina senator lindsey graham, georgia attorney linwood, former trump national security adviser michael flynn, former trump advisor boris epstein, election lawyer cleo mitchell. none of these individuals that i named a was actually indicted, merely recommended by the special grand jury that did not have indictment power back in december but it just shows you the wide scope from which this investigation started out. david: lindsey graham included, thank you very much for that. appreciate it. congress returns to capitol

hill to try to avert a shutdown as tension ramps up within the gop. listen to what byron donald said about the chance of a shut down. roll tape. >> the point i've got to make about government spending, a message to mitch mcconnell and senate republicans, we are not signing off on a clean cr deal. it's time to secure the border. >> you are saying there's not republican support in the house from a, left deal, explain. >> i don't think, i know. there's not republican support in the house for clean continuing resolution that continues the crazy policies of president biden and nancy pelosi. we are not going to do it. david: republican virginia congressman morgan griffin joins me now to talk about what's going on inside the out way. it is hard to figure it all out but basically as i understand it, senator schumer wants to supersize the budget with all kinds of extra things and tied

them in, disaster aid, border security, sounds good but the devil is in the details but he's tying it in to $24 billion of aid to ukraine and that makes it very difficult for people like senator mcconnell who don't want the supersizing but does want to the aid to ukraine and he might go with schumer if that happens. would you sign on to what they are calling a supplemental bill? >> i would not. we need to keep the government running, we need to do that for a couple weeks. that's one thing. if we needed to get in and hash it out, needs to be a separate bill on ukraine, disaster relief, byron donald is right, we won't vote for a cr to protect the border, we stand up for the border and that most might be looking at a cr in a couple weeks but we keep hearing the senate talking about going to the december

period or longer cr, nothing happening in the house and a number of us will not support such a thing. we need to work hard to make sure we don't shut the government down if we can but understand clearly it will be the senate shutting the government down because they don't want to do reasonable things the american people support. david: you are not ruling a shutdown out. >> i can never rule that out. 435. i can tell you i would not vote for clean cr, more than a week or two at most at most. david: kim straw soul wrote about mcconnell and schumer. mitch mcconnell has been making daily floor speeches on the need for more ukraine funding. worried mister mccarthy can't get the crucial aid past house gop spending hardliners so mr. mcconnell is taking is the bait signing up to help mr. schumer ram the package down the house's throat.

looks like senator mcconnell is acting in favor of mr. schumer more than he is gop members of congress. >> certain people can take that from what he is doing but i will assure you i don't think anything will get shoved down the house's throat. it's possible democrats and a handful of republicans capacity schumer type proposal but the majority republicans. david: i have to switch gears to something near and dear to your heart, the probe into forward's deal to work with a chinese company for a battery project they have going on essentially allows a chinese company to take advantage of taxpayer subsidies. what's the latest on your probe? >> we are asking ford to give us answers. ford entered into agreement where they were subservient to a chinese company. producing american manufacturing jobs and make the

supply-chain better. creating wealth for the chinese from american taxpayer dollars. we continue our investigation and hope ford can come up within the information that shows i am wrong but it is my believe ford is in a partnership with the chinese company that makes them subservient to the chinese. david: i would guess most taxpayers don't want their subsidies going to chinese companies. thank you for being here. still ahead, stop the match, new details on how a group of climate protesters disrupted the u.s. open. (sfx: stone wheel crafting)

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david: fox weather other, hurricane lee now category 4 storm, it was a 5. could reach cities in the united states like new york and boston? rick reichmuh has the latest. >> unlikely we have any direct impact to the us direct landfall. not out of the question but we have a lot of time to watch it. we will keep you up to date. this is a look at the storm, sheer breaking apart over the last few hours. it is difficult for category 5 storm to maintain that status for that long. we will see it go through a little bit of trance formation and fluctuations in its energy. look at this. the entire atlantic ocean has been breaking records for warm temperatures all summer long. there's one little spot of cooler air right there, upwelling from hurricane

franklin which was a cat or 4 storm that pulls cooler water from below to the surface and that water is there. the storm is likely to be going over the same area. that also contributes to at not being as strong. we saw it yesterday go from 80 mile an hour category one storm to last night at 160 mile an hour storm, absolutely insane storm. it stays well to the north of the lesser antilles, the north of puerto rico, we are watching moisture on the waves, dangerous we rip currents in puerto rico, got to stay off of the beaches. we see this right-hand turn. one thing we do is they take the center point of the storm and initiation points around it and very intensities and how does that play out over time with upper-level dynamics? all of them are showing this

right-hand turn meeting anywhere from the atlantic to florida you won't have direct impact from this. the majority of this keeps offshore. there's one that skirts western parts of massachusetts, maybe eastern maine, canadian maritime watching this at some point but at least as of now all the guidance keep this offshore. landfall not expected anywhere from jersey to florida. can't rule out landfall across parts of new england but we have some big impacts mostly in the way of big waves and rare rip currents, significant sheer, fatalities on the eastern seaboard. more rough see you coming from the storm. david: thank you, appreciate it. climate protesters strike again disrupting play at a us open match for nearly an hour. one activist gluing his feet to the floor of the stadium. brian yunus has a story of what

happened last night. >> reporter: good afternoon. four climate protesters calling for end to fossil fuels because the 49 minute delay in the middle of the u.s. open women semifinal last night. while they were chanting and shouting, thousands of new york tennis fans booed and shouted back, inside arthur ashe stadium, urging security to kick the climate activists out. it took a dozen nypd officers and emergency services to put a end to at all. two of the protesters were arrested and charged with criminal trespass including for 50-year-old man who glued his bare feet to the concrete floor of the stadium. emergency personnel had to carefully unglued the protester which took time. you see the imprints of his feet left in front of the seat, 49 minute delay. on tiktok a lot of fans to watch american phenom coco golf who had momentum and she was winning when the match abruptly

stopped at the beginning of the set. coco and her opponent eventually walked off the court for 42 minutes, came back and warmed up. after the match coco said she believes in climate change and sympathized with the protesters. >> i wasn't at the protesters. i know the stadium was interrupting entertainment but i always speak about preaching about what you feel and what you believe in. it was done in a peaceful way. i can't get mad about it. >> reporter: it certainly helped that she won that match. coco defeated carolina and is going to her first women's u.s. open final. 19 years old she becomes the youngest to do it since her idol did it, serena williams, went to a final in 1999 when she was just 17 years old. the american superstar will represent usa at the final tomorrow. brian: thank you very much.

let's have reaction from the moral case for fossil fuels author and center for industrial congress founder and ceo alex epstein. thank you very much. i don't know why they are protesting because these protesters want to kill fossil fuels, they have one of the best allies they ever have in the white house. president biden just announced this week he is overriding 2017 law which opened up drilling, a tiny piece of alaska for drilling, very rich ground but the president is overriding public law to do that. it can't get better than they have in biden. can they? >> notice the language is end fossil fuels, notice how stark that is. there is no timeline to it. what that means if you take it literally, end -- end a world in which the average person has any chance at a long, healthy

opportunity filled life. that is what low cost reliable versatile energy from fossil fuels makes possible. nothing close to it for the foreseeable future. the vast majority of the world has almost no energy. they have no concern for the truth and no concern for human life. what does it mean to interrupt a match for that long, 25,000 people there, 25,000 hours of their lives and wasting them and destroying property. i disagree that it is peaceful. they have such contempt for human life. the fact that we are destroying oil production in a way that harms us longer-term via what biden is doing in alaska is not enough, they want to stop it all now not realizing they themselves would perish pretty soon. david: one of the most regressive things you could do, it would be disastrous for the poorest people on the planet particularly places like africa where fossil fuels is virtually the only method they have to

keep themselves alive, enable them to talk etc. . it hits heavily on those who can least afford it. >> for sure. i have friends in africa advocating for fossil fuels, bringing fossil fuels to their communities. i'm keynoteing africa energy in camp town october 17th and one of the messages i will share his we need africans to speak up. both for their own sake but also to bring sanity to the world. these people at this event would have a lot of trouble going against africans saying we have a right to develop and improve our lives and you want to use some oil-based glue to tape yourself to the bottom of a stadium to ruin everyone's life and protest against our progress. i don't think these guys have a leg to stand on. david: to show how similar their ideas are to some of the folks in the white house

working for the biden administration they say follow the science but interior secretary is using something called indigenous knowledge to inform her views particularly on the situation in alaska. it is not based on hard science. it is based on something called indigenous knowledge. do you know what indigenous knowledge is? >> in this context it just means don't change anything. don't impact anything. different cultures you can learn from different ones but in general the more primitive ones are the ones that were less successful developing the world and making it a good place to live. the exception is wildfires where indigenous cultures far better than the green biden administration and in general these are people who didn't know modern science, didn't know how to thrive. why are we listening to them when it comes to oil production? we should listen to modern science, modern knowledge that

allows us to have a flourishing -- not a scientific movement. david: i thought the interior secretary of the united states would be using hard science to make these decisions affecting our future but apparently they are not. thank you for being here. appreciate it. let's check in with jackie deangelis for what's coming up on "the big money show". jackie: big friday show, charles payne will be looking at next week's economic data and the story about china freezing apple out. we are talking to moms across of this country about the state of education, the hot topic on the campaign trail. but first, more coast-to-coast after this. your best defense against erosion and cavities is strong enamel- nothing beats it.

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>> not only as a report but lifelong chicago and it breaks my heart. this is one of great airports of not only chicago but the midwest. to see it being used as a migrant shelter is very alarming. not only a humanitarian crisis for the migrants but for the people of chicago as well. my sources at o'hare tell me there's an outbreak of diarrhea. who's going to want to fly in and out of this airport under these circumstances and the police i talked to are saying it is not just in the airport but the police stations, 18 migrant shelters in chicago currently, including chicago police stations which are reporting an outbreak of diarrhea, overflowing toilets, this is a health concern for the police officers who have to return to their families at the end of their shifts and how are

they supposed to arrest the violent criminals in chicago when they are babysitting migrants? david: o'hare used to be the biggest airport in the world but it is still big. it wasn't built to be a homeless shelter but the migrants actually displaced american homeless people, didn't they? >> this is happening again all over the city of chicago, yes. in february i was at o'hare reporting on homeless americans sleeping at the airport, little did i know that i would be back reporting that the homeless americans were kicked out to accommodate migrants but this is happening all over the city now, the big economic news i think that is going to be coming out of chicago is the commercial real estate that is half occupied and only a matter

of time before they start blowing up buildings with migrants, who wants to return to the office if half your building is a migrant shelter and there's a diarrhea epidemic. david: we've got to run but the people sarcastically call the new mayor johnson the migrants mayor. do people have buyers read in terms of electing him mayor? >> as a lifelong chicago and it breaks my heart that he doesn't even want to answer my questions are entertain my questions about the number of migrants, the tens of millions of dollars being spent, who are the funds being spent on? this is a big question i will try to get to the bottom of. david: thank you for your reporting, thank you for being here. stay tuned, more coast-to-coast right after this. dad, we got this. we got this.

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