break preceding the answer. which country drinks the most coffee per capita, norway, the united states, iceland. three very cold countries. what is your guess? ashley: not sure about the scandinavian. >> i will say norway. stuart: i'm going to say iceland. it is finland. nobody got it right. fins consume 26.45 pounds of coffee per person each year according to the international coffee organization. i am sorry you got it wrong, i know you looked it up. see you again soon i hope. you are a good man. time is up for me. coast to coast starts now.

ashley: neil: a lot of apple announcements on the same day and so forth. so far is keeping stock buyers away today. a look at what they promised to announce in moments and why it is bigger than apple and technology stocks. to tay we take our -- you decide of the trend setter is worth checking out. welcome, everybody. glad to have you and it is that time of year. not every company making a new product getting this kind of attention. any company making an announcement, it is gadgets increasingly defining us and leading us. it seems to draw us but times are tougher now, things are pricier now, usually the priciest. what happens now? that depends on what apple is offering.

the demand, the cyber guy setting the table by season who joins us from california, kurt, what does it look like there? >> reporter: behind me is steve jobs theater. titanium the big word and the lens on the camera of this phone, the promax models, a price increase, hundreds of dollars in the market tolerate that. that's a big question when we find out, tim cook about to hit the stage and not long from now. a new iphone 15, four models coming, stronger titanium and perhaps even a new rounded edge. not sure if that's true or not. a watch will also be coming and the big news people are talking

about has to do with this. court conundrum, chaos because apple has decided for the first time to get rid of the lightning cable and replace it with the usb see. you have more recent ipad and also familiar with that, usb see plug. lightning is done so if you need lightning cables i have plenty for you. neil: do you know if they have an iphone 15, most expensive, when it top the thousand dollars last year, every one said it was in strong demand. what do we hear on their top prices? >> when you wound it up last year, $15.99, what we are talking about is you have a consumer than apple figured out despite low softening of smart

phone sales globally they figured out two things, one, the market will tolerate a premium version of the iphone. the strategy paid off for them, they see revenue coming off of that and we also see we are back to the creative financing we've seen wireless companies jump into the action, call the rebate in some cases. it may be time if you have an old iphone to get your wireless carrier to pay for if not partially subsidize brand-new iphone 15. stuart: great stuff, thank you. we will be monitoring these events. her to help us out and get this perspective, this is bigger than apple, it said so much about the strength of the technology industry. adam johnson is back, mark

tepper as well, strategic partner, thank you very much. let's begin with you on why you pay attention to apple and whether it can carry through a fairly momentous year for consumers. >> smart phones in general but the iphone in particular is a mainstay in our society. people will always use it. these batteries tend to go bad, phones start to break and people need to upgrade. >> perfectly planned, your battery going to 0. when you look at iphone sales in particular or the apple event we are talking about today, gives us a good read on how strong the consumer is. a better read on how strong the higher end consumer is as far

as pricing goes, the insight into how the consumer is doing is a big deal. neil: if you think about it, that has been propelling the market too. the resilience whether they pack themselves in planes or stores, it has been life blessing for these markets and this economy. how long do you see that going? >> there are two types of consumers, the high end consumer who is doing very well. the number of passengers passing through us airports every week is higher than it was paris covid. you can't get a room on the weekend in las vegas, you can go tuesday wednesday but the weekends are flat. it is not cheap at all. $700 to walk in the door. the low end consumer a different story and that is what we have been talking

about, the squeeze on inflation. we will get more data this week, consumer prices and producer prices. it's a big screen. i'm the eternal optimist. i would love to tell you we are conquering inflation, producer prices are underwear the fed wants them to be, consumer prices are not. it is moving the right direction but still a mixed picture. lauren: 1 the producer be a preview to it? >> the eternal optimist, that should. it is also good for profit margins. producer prices going down but consumer prices still up. that difference helps margins with companies. it is, if i sound like i am giving a complicated answer it is because it is complicated. it is not a black void. neil: one of the things that fascinates me is what you get in the way of apple. my producer had an interesting

story, jpmorgan predicting that huawei's new phone, the one that has technology we didn't want them to have, it could dampen apple sales. it isn't so much the strength of the american consumer but this competition, china, apple is pulling back exclusively, producing 7% of these phones made in india. what do you make of that? >> they need to diversify the supply chain, the one thing you didn't mention, china seems to be taking a retaliatory move on apple iphones probably in response to our government banning tiktok on government phones. i assume that's why they are doing it but -- neil: office sucking up that apple is doing. >> what about office sucking up

the biden administration has been doing with cabinet officials. why are we going over there? neil: china is in position to go after one of our technology giants. apple was and underperform or last month, half the nasdaq performance and this year, one of the laggards on the technology. >> still up 37% year to date, outperforming the s&p, underperforming the nvidias of the world and things like that. stuart: 200%. when you look what apple is actually doing they are expecting essentially flat earnings growth this year or slightly negative. next year, 9% earnings growth. when you look at apple before being fair and honest this is a company -- neil: don't trifle with that here. >> it is evolved from a company focused on innovation to a company focused on execution and that's fine, nothing wrong

with that but innovators get a higher multiple, trading 27 times earnings, pretty rich. neil: what do you see of the christmas buying season? apple is a big part of that, a lot of offerings here, don't know the details yet but how do you see that? >> let's go forward, inflation has been trending down. employment still incredibly strong. i think if you add those two together, gdp, the atlanta fed thinks the economy is 5.5%, 5.6%. i scratch my head, hard to believe but if you go forward into christmas that argues for the christmas season. not necessarily. what if we are able to execute

the soft landing treasury secretary yellen is talking about, fed chair powell insists, they continue to have growth and we continue to have inflation. that's the perfect scenario. don't want to be a pollyanna about this, but 95%, we get through this. neil: thank you so much. in the meantime there's a damper here, some are using this as a reason to pause. we could have another impeachment battle going on, this time with a different president targeted by different party. >> these are allegations of abuse of power, obstruction, and corruption. they want to further investigation by the house of representatives. that's why today, i am

directing our house committee to open a formal impeachment inquiry to president joe biden. neil: impeachment inquiry does not mean impeachment, but there are some holdouts among republican members, very narrow who believe republicans have in the house who were not keen on this. congressman warren davidson of the house conservative can become house freedom caucus, very influential figure. how do you feel about this? >> i spent the last month plus in the district, and heard from my constituents would any district, any court in our district if you have eyewitness testimony, emails, bank wire transfer records, video and audio files you are going to get a conviction. people back home are going when? speaker maccarthy or heard from across the conference the same kinds of things. this isn't an impeachment itself. it's a more formal step in the

process of conducting the investigation. the reason we know so many of these things is republicans did get a majority and there was real oversight and investigation into this. who knows what else we will find. what we've seen is pretty compelling. neil: i talked to a lot of your colleagues who think there are justifications or questions but don't want to look too zealous, chris christie says we could be cheapening the impeachment doing this, nancy mays not nearly vocal about that but concerned that maga goes too far. don't want to take your words out of context but what do you think? >> people want to dismiss it but the fact deserve to be heard and hopefully they will be heard objectively. from what i've seen, pretty compelling, 29 shell companies with wire transfer payments, multiple references to, quote, the big guy. everyone knows who the big guy is. what was for sale?

not like they had a warehouse or distribution center, product, website, storefront, they had nothing to offer. what was offered? that's where the impeachment inquiry will dig into that. neil: you are much more aware how the sausage is made behind closed doors. i'm curious if there was a bargain going on by kevin mccarthy, look into this impeachment inquiry, are you with me on avoiding a government shutdown or spending measure and spending measures, we don't go to the brink, any talk like that? >> no. this is an independent thing that should be treated independently, shouldn't be leveraged. the follow the facts where they lead. separately we do have a real spending of fight. frankly that's more about policy the numbers. the math is bad for the country. you've done a great job highlighting the financial peril brn but on paul losey

people are frustrated. when i was in my district people get that the democrats are using our government to fundamentally remake america, the status quo is that, democrats are content with status quo and republicans have to have a break with that. we need a policy win with a pipeline of more policy wins to keep funding this process. neil: you don't think this will hurt you, not talking about impeachment inquiry push, you are right to distant wish it is not an impeachment, the inquiry going, that it can look too zealous and you might pay for it or your party might pay for it? >> my constituents think it is long overdue. the speaker heard that from others in the conference. this is not something that should be politicized. it should be a sad thing to look at the president at the center of this controversy and

clearly hunter biden was treated differently than in the united states of america, whistleblowers who self identify as democrats have come forward and say we are being prevented from doing what we do. we want to do our job honestly and the department of justice intervened to prevent them from doing that and blue the whistle. neil: thank you. have a safe week as we get going here. we are just learning aaron rogers, big acquisition is going to miss the entire season now, the new york jets quarterback took four snaps before he was sacked, struggled off the turf at metlife stadium, the mets still, the jets still, nets, forget about them, the jets now surprise winners of that game with the buffalo bills without aaron rogers. anyone's guess.

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neil: we are remembering the 22nd anniversary of the tragedy of 9/11, the president was speaking in anchorage, alaska, worried that the biden administration struck a deal with iran swapping prisoners each side had and hand over $6 million in frozen arabian funds to the irradiance. hillary vaughan is digging into this and reaction to this. >> reporter: this ransom payment and prisoner swap is basically being warned by republicans on capitol hill as something that is dangerous and going get to have deadly consequences saying it will make hostage taking more lucrative and also this ransom for iran is a billion-dollar reward. >> in addition to billions of dollars, they are also getting

5 iranians back. i can't get a straight answer on who the the iranians are or what they did. this will incentivize fuster hostage taking. until we raise the cost, every terrorist group, every dictator and regime out there is afraid to take americans hostage because the consequences will be so high and so painful for them. >> reporter: the biden administration decision to unfree $6 billion in uranian funds, republicans say, is a bad decision but the nsc spokesperson adrian watson says congress has been in the loop through this process. antony blinken just made the move to move these funds from one restricted account to another and it comes with strings. iran cannot spend on anything but humanitarian things. watson saying, quote, what is pursued is an arrangement wherein we secure the release

of five americans, this remains a sense of an ongoing process. this is a step in the process, no individuals have been or will be released into us custody this week. we kept congress extensively informed from the outset of this process long before today. senator tom cotton says the ayatollah will not be spending $6 billion on building children's hospitals. it's going to fuel more tax against israel and to give russia more missiles and drones to use in their attack on ukraine. this is something sitting us interests back because we are sending money to ukraine to fend off russian attacks and they warned this will make it more dangerous for americans abroad because they are incentivizing hostage taking because people see it does pay off. $6 million or so. neil: jonathan, the seattle organization founder, author of

china's vision of victory. one stipulation of this that caught my attention. this promise from iran or at least our command on $6 billion, it better be for good purposes, things that are not terror. what do you make of that. >> obviously this will open the way for more dangerous actions. this regime is willing to fight the united states, to disrupt parts of what we do abroad and adversary state but this is exceptionally dangerous, a constellation of adversaries that are major powers coming together so you really have a russia china axis that's going to be the most important driver of geopolitics and iran is becoming part of that as well. you see supply drones to russia and now you have vladimir putin

and the best argument for cold war 2 it is it is many of the same actors, the war ukraine is backed, financed by china, battlefield kit is being supplied by the irani and this and this axis is coming together. we have a larger context in which something like this is happening and that's the deterioration of the big picture security in major regions of the world all of which has this collective intent of fighting the united states and our allies. neil: this north korean visitor russia. thinking how russia depending on iran for drones and other stuff, may be this everyone is focused on what does kim jong-un get out of it and what does a put get out of it? what does north korea have?

>> initially it was shell's. a lot of north korean shells are supplied. trying to resupply a war machine, the ukrainians have been successful fighting back against russia and taking apart their military on the battlefield. he has been supplied by other american adversaries. that's what is most likely to happen and for kim jong-un himself being part of the collection of bad actors is a step up for him on the world stage. he ultimately is on the side of russia and china, the relationship goes back gleefully, the only formal alliance they have. dealing with the same actors we dealt with in cold war one the first product of which was the korean war back then. that was russia, china, and the

first cold war, china back russian invasion of democracy, and south korean participation. neil: that is a fascinating tie in historically going back to china, russia, influences. seven years old. in the meantime keeping a close eye on the money the candidates are raising particularly nikki haley, charlie gasparino. ♪ dad, we got this. we got this. we got this. we got this. we got this.

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neil: if you were to follow polls better to follow the money. he's looking particularly at a fundraiser coming up for nikki

haley who scored high points, in a couple of weeks, what do you see on this front? charles: i've got the invite right here. don't know if they will shop to this residence. if i could say here is. it is $10,000 per couple, $5000 per individual. neil: like lunch money. charles: it is $2,000 per couple, one thousand per person. i got this via a friend of mine who used to be a supporter of desantis, doesn't think he is going to make it. he's disillusioned about the campaign, he's not a trump guy. he's not going with donald. he's looking for somebody else.

he is willing to be convinced by her particularly after debate performance. this happens. when you have a good debate performance, vivek ramaswamy had a good performance, got an uptick in his polls but also money coming in cheaper. neil: she pulls very well. to get the nomination, for anybody but donald trump, she believes she leads the president on 67 points. larry: charles: they all match up well against biden. she's got a commonsense -- here's the thing, let's be clear. we are talking a nomination for the republican party. this is won and lost by independents and who turns off dependents more, trump versus

biden is the calculus for the next election. will he beat trump? he does poorly with independents if you look at polling. biden's age is clearly an issue. i hear this from democrats all the time. he gave some speech, can't remember where he was, overseas. some of it made no sense. the other day made no sense. >> president biden: neil: that is like everyone of mine. battling away. charles: you introduce the dog faced pony -- neil: republicans are seizing on this but they are getting nervous. charles: he's literally falling off the cliff in his cognition. i talked to democrats on wall street who supported him last time.

neil: they want donald trump to be the nominee. they are convinced. charles: he matches up best with trump, particularly debates and the attack ads on trump, if you didn't have enough of september 6th, we get a lot more if trump is the nominee. every statement will pull stuff out. that's what they say. biden, getting this from democrats, they tell me if you vote for biden you are voting for kamala harris at this point. haven't met a democrat on wall street, these guys are plugged in to the white house. they know senior players at the white house. they don't think he's going to make it for four years. we are in never never land.

a guy that has been indicted five times. . what the and now they have this thing. charles: not popular with independents but a guy who doesn't have the mental acuity to for form the job. an amazing situation. and going to be great to cover, don't you think? neil: it is going to be very -- charles: and nikki haley. did she sound wickedly normal up there? she held up vivek ramaswamy, his stupid comments about israel. those were not smart comments. you want to say they are smart? want to go out? neil: that was charlie gasparino's final appearance on this show. charles: the power of reagan compels you. the power of reagan compels you. neil: we are 24 minutes from

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people want to still kill us. we've got to be the legend and -- neil: that is not happening. he is the occasion to remind people we have threats here that are potentially just as big. we don't know it yet. and working on this 40 years ago. >> guardian angels started in 1979. prior to that there was another organization. to influence teenagers to go out and pick up garbage on the streets. be proud of what it is, many

people loved us because you have young people being productive. when we turn to crime-fighting, the same for padding us on the backs. neil: 41% of new yorkers want to go off the curb, illegal immigration. mayor eric adams, for not doing enough to deal with it, what do you think? that's a big change. >> as far as mayor adams, he's not doing enough. since 2014, the leadership was nonexistent, sleeping at the wheel. i wish i could and you are the mayor of the biggest city in the world. you tell me you are not powerful enough to make a statement?

neil: new york embraced that, new jersey where i live, we are a sanctuary state. >> takes somebody with intestinal fortitude to use the other phrase, to stand up and say that it. we've done our peace, we are sympathetic. neil: you see it changing? they are talking about in new york, hundreds of thousands, no one was crying for them. >> absolutely. sometimes easy to say let's hold hands but it gets to the

point we are overloaded. if we are mentally, religiously solvent and responsible, this has to come to a stop. neil: this time you hit a nerve and it is different, new yorkers are upset enough to say that is it because i've seen this percolate before. >> those who know new york history, the only reason rudy giuliani got and was the crime was just ramping. people cannot take it anymore. democrats voting for republicans. neil: curtis sliwa tried for politics, what about you? >> absolutely not.

neil: you started getting teenagers to pick up garbage for my two boys to see on that front, very good seeing you. thank you for your hard work. on capitol hill, some pressure building up among republicans to start impeachment inquiry, i guess it is on at 10:00. can you hear me? >> not here your program. neil: we will take a break here. jackie deangelis with what's coming up on "the big money show". jackie: that apple event is starting at the top of the hour. we will bring you the latest headlines and context on what the china controversy means for the company moving forward. gas prices on the rise and oil prices up two, the president might tap fpr again. why that is a dangerous strategy. all this but first, more

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neil: chad pogrom looking into this move on the part of republicans to lead and impeachment inquiry on that. what's the latest? >> the question is what is different from what the house had been doing. kevin mccarthy watched the votes to start and impeachment inquiry. three house committees are probing impeachment without a vote. >> appears the president's family has been offered special treatment by biden's own administration. these are allegations of abuse of power, obstruction and corruption, warranting further investigation by the house of representatives. >> reporter: gop georgia representative marjorie taylor greene said she would not vote to fund the government unless the house started and impeachment investigation. 18 house republicans represent districts carried by president biden and some republicans said they are not willing to go down the impeachment road, green disagrees. >> it doesn't hurt them at all.

they are doing a great job with their districts, it's not a political impeachment inquiry, they have nothing to be concerned about. >> reporter: white house spokesman ian sands says is no evidence of wrongdoing by president. sam's club this red meat for the extreme right wing. democrats believe this will backfire on the gop. >> is the chaos caucus, take a deep breath and try to get past this bunch of crazy maga republicans in the chaos caucus. we got things to do. we've got a government to run and here they go down a rabbit hole once again. it is just extreme chaos in the chaos caucus. >> reporter: republicans are divided on impeachment, warren davidson of ohio believes there's lots to a store with biden family shell companies. chris christie says there's not enough evidence to start impeachment investigation.

adam: q. i don't know where you stand publicly. i do believe when it comes to eating good food and good sandwiches, republicans and democrats are drawn to jersey mike's. what fascinates me about this story is how it started out. 14 years old, you worked at this place in port pleasant, new jersey, learning the ropes, and not that much later, you had some success. it's a great story but at each other's throats, we like to eat. >> hopefully we never stop with that. it might start, it has been around 67 years. i got involved in 70 one and was able to purchase the story and 75, became fourth owner through a football coach of mine who was a banker.

off i went, got an early start at age 17. stuart: 17 years old you end up buying the company? >> yep. a senior in high school and from there went running down the street, they say. we started franchising in 87 and we are coming up on 3000 stores. neil: when i was 17 i was a manager at a fish and chips. i did not purchase the chain. no one did. it went out of business. how do you keep current? how do you keep up with that? it is a notoriously fickle industry. a lot of it comes and goes. >> if you remember some large chains, 6000 units and they are gone. we managed to keep the directors across the country,

great people and i'm an advocate of people wearing the blue apron so we go out around the country and talk about what we are doing is a company. the big thing we do is giving to make a difference in people's lives. the power of the sub sandwich, we are known for that. $4.5 million for the usda foundation, $250,000 across the country and next up, best buddies program, intellectually challenged kids we make the announcements going after exposure and awareness for charities. neil: we all talk about starting a company. it started in the midst of a recession in the 70s but times were not perfect for you. if you look at the same deal. how do you handle whatever the

print is? >> whenever times get tough, people come in and purchase the sub sandwiches and the labor crisis hasn't touched us because of the 15 people on the roster total and we recruit. we hope the labor rates, don't forget 14, 15, 16, 17-year-old kids. i started when i was 14. it's more difficult to higher those younger kids. neil: very difficult. thank you, fascinating story. the founder and ceo. a lot more after this. ♪ ♪ (vo) while you may not be running an architectural firm, tending hives of honeybees,

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