to pay 5 the producers know that i love david bowie so thank you. what a great song that is, new york city's great backdrop for that as well. it is 10:00 eastern time this morning. i'm ashley webster in for stuart varney today. the markets are strong, not as strong as they were at "the opening bell" but the dow still up one hundred 68 points, the s&p up 1/3 of 1%, the nasdaq down, up rather half of one%, losing some of the steam, the momentum. take a look at the 10 year treasury. the bonds are a big story today surging higher. the 10 year yield up 10 basis points, 3.94%.

you haven't seen those types of highs since early august. look at oil which has been on the rise. oil right now up $0.48, $74.19 a barrel. bitcoin was moving slightly higher, let's take a look up $70. let's get to the jobs report. 254,000 jobs were added in the month of september, much higher than expected. lydia is outside the labor department with julie sue. it is all yours. take away. >> reporter: we are glad to talk about the jobs report, 254,000 jobs added, 140,000 were expected. unemployment taking down 1.42%, i am sure that you will say it's a strong jobs report but i want to start with is this.

seems like this is changing direction. there's been a series of job reports this year that indicated a cooling labor market so my question is is today's report and acception or an anomaly? >> look with the child support has told us since the biden/here is admin station began. we've had a record recovery. the numbers of jobs created, record low levels of an employment. this is not like 4.1% once. it has been the longest stretch of unemployment at or below 4% since most of us were born. that's not an anomaly. the fact that we continue to see robust job growth across multiple injuries, not an anomaly. the economy was not predicted. four years ago let's think where we were. in the last administration it was september. back to school meant back to zoom. we've been through a global pandemic with no strategy to get out of control.

october kids were told it's being canceled. we are in a different place now, not because of one month but really strong economic policies that power historic recovery. >> reporter: let's talk about this data. we are seeing some revisions but what's different in this report is we are seeing revisions to the upside, july for example adding 55,000 jobs. that is a change from what we have seen over the past year. coming into this report we've seen revisions to the downside. the labor department reporting they overreported job growth by 800,000 but i'm wondering how we can trust that this data is accurate when we are seeing wild gyrations? >> i dispute the characterization of wild gyrations. month after month there has been job growth period to the tune of 16 million over the period of this administration. the last administration lost jobs from the time they came to the time they left. let's talk about the revisions.

the reason these numbers are considered the gold standard and they are relied on for everything from markets to economic policy is because they -- it's the most robust collection of data about the job market. >> reporter: how can we see revisions 8,000 to the downside and now to the upside? >> i'm glad you asked that. revisions are part of the process. we report the data as it comes in. the reason i come out here every month and report that is we give people a narrow window to tell us what happened in the month. 13 days to report it. some people don't make the deadline. i am sure you as a student, sometimes we miss deadlines. it gets integrated but it gets integrated into the numbers so the revisions actually prove how transparent and reliable they are because we report the facts as we see them and the facts are very good story. >> reporter: you mentioned a few sectors with job growth. when area we are not seeing job growth these manufacturing.

in this report we saw 7000 manufacturing jobs lost in the country. the expectation was 5,000. that's continuing what's troubling to some, trend of declining manufacturing jobs according to edward lawrence, the 3 month average is roughly 9300 jobs lost per month in manufacturing. what's wrong with manufacturing? >> let's look at the overall picture. manufacturing jobs have grown under this administration, not by accident. part of the biden/harris invest in america agenda. >> 160,000 jobs a been added. >> added is the point. it's inaccurate to say we haven't grown manufacturing. we've grown it -- >> reporter: it seems like a change. for month after month recently this year we are seeing a downward decline in manufacturing? >> we are now opening up manufacturing facilities in part of the country where they have been slow. i visited them. jobs where people had to leave

their families to work somewhere else are now able to come home. we are not done. we've got more work to do on this. part of the investing in america agenda is we should be able to make things home again. we have to build facilities before you can hire people to manufacture things in them. construction jobs are up. the building is happening, those investments take some time, in the last four years, not a declaration of victory but of progress, we are moving in the right direction and need to keep it up. >> reporter: the port workers strike a tentative deal was brokered yesterday. stopping what was a 3-day strike, huge implications and consequences for the economy and raising a lot of concern about recovery from hurricane heleni.e. . is the reason we have a tentative deal the hurricane? would we not have had a deal without the hurricane?

>> reporter: the parties collectively bargained. the vice president says it too. collective-bargaining works. it isn't always pretty. it can get messy. it can get heated in public but when workers have a real voice, when voters are represented by unions they can have a voice in their jobs. they can say in an industry i helped to create, longshoreman works through the pandemic, they did difficult sometimes dangerous jobs, they support families and communities. when i was with them yesterday when adil was on the horizon they were ready to get back to work last night. they wanted to be working. the reality is their ability to get the historic wage increase is because the economy is strong, profits are high and everyone should get a share. collective-bargaining works. that's the main reason it happened but what happens at the ports affects everything and its emergency goods, things coming in and the parties understood they had a response will be too. >> reporter: we had a strike

that lasted two days which i look to your predecessor marty walsh was dealing with a labor dispute and he insisted both sides come to his office and he had talks, he insisted the union show up and participate in negotiations. why didn't you do that with the international longshoremen association? >> they were negotiating. >> reporter: did they come to dc for the meeting? >> we have negotiations here and where the parties are. we were in california and that's how the west coast contract was negotiated. it depends, there is no one formula for these negotiations. the fact of the matter is -- >> why not force them to come? >> we do what works. we've seen historic wage increases, we've seen industries all across the country, autoworkers, hospitality, healthcare workers, actors and writers, both coasts, at the docks, seeing, the goal is not just to reach a contract but to make

sure workers get a little bit of the prosperity they are creating. >> president biden telegraphed he was not going to use taft-hartley and issued statements that he expected a, quote, fair offer as the employers were making offers, passing judgment, i think on what was being made, what was being extended. do you think the administration is giving the union too much power? >> we are seeing working people are tired of falling behind. the last administration engaged in unionbusting. the last administration more jobs lost than created. i think what's happening right now is working people realize they should get -- they are critical in our economy and they deserve a voice of the table, they should get what they made possible and the contract, the tentative we size evidence of that and we see it across the country. >> 90 days to work out the final details. some of those we can agree might be the most located with automation and we will stay on this story as we wrap up this

conversation with the acting labor security julie sue on this tentative deal on the port strike. ashley: let's bring in candy kenny polcari? >> i'm sitting here amazed, listening to this woman talk about manufacturing jobs, trying to tell us how they are advancing, the biden policies have done so much for manufacturers dollar jobs created. we were in a pandemic when they shook the world down not because of donald trump but because of the pandemic and look what we did, we created all these jobs, are you kidding me? anyway. that's another conversation we could have. ashley: there's a lot of, she was wearing some rose tinted glasses. what does this mean for a fed rate cut?

the futures showing maybe went from 50% chance of i half of one% cut in november last week, now it sounds 12%. does the fed need to cut? >> on the top line, 254,000 is a huge number, 114,000 more than what the expectation was but if you pull back the covers and look underneath there were government jobs and low-paying jobs. is that the sign of a healthy economy? which is why i think the market started to rally, the market still thinks the fed needs to cut yet if you look what happened in the bond market, the bond market is up which would suggest the market, the fed is not going to cut all rates are going up, not down so it's a little confused right now there's a lot of analysis over the weekend trying to figure out. i do think it is an election year, they wanted a big number up front, they want to continue

cutting rates, they have to find a reason to couch it in a reason that makes sense. ashley: have to leave it there. great stuff as always. have yourself a great weekend. i'm sure you are picking up something delicious this weekend as well, he's the master chef. donald trump promised to end inflation on day one if you selected. listen. >> starting on day one of my new administration we will end inflation and we will make america affordable again. it's not affordable. thick of it. by contrast, kamala known as the taxing queen in san francisco is demanding a 33% tax hike on all domestic production. in addition she wants the largest capital gains tax in the history of our country and maybe the history of the world. ashley: says it all.

tammy bruce joins me now. is this what voters care about almost you think? >> they also care about getting the right information. right after the fantasy island episode we had before that. donald trump's unemployment rate was at 3. 5% in 2019 so heard decades comment was simply not true. at any rate this clearly is the day today experience of this economy with americans still, the gas prices, grocery store prices, the nature of rent, mortgages, everything is still high and what trump is talking, what is the thing that feeds all of that? it is energy. the nature of the price of oil. as that goes up as it is at the moment it means iran is happy and russia is happy and china is happy and it adds to the cost of getting products to stores and producing those products to say nothing of what's going to happen in the

middle east. if that production stops or the flow stops in the shipping stops to the rest of the world as would be likely and it is going to go high again which will make our enemies even happier but it's going to make prices jump even more. all of this stuff about rhetoric and everything is great, we want things to get better but the fact is americans every day see what this administration has done to the economy and their lives. ashley: i'm sorry we have to leave it there. while we had that episode of fantasy island it took some time. great to see you. problems for kamala harris in michigan. the uncommitted movement she inherited hasn't gone away. the full story on that. president biden says he hasn't spoken to benjamin netanyahu. >> talking to benjamin

netanyahu? why hasn't that happened? >> president biden: there is no action going on right now. ashley: should biden be doing more? we will get into it next. at ameriprise financial our advice is personalized based on your goals, whatever they may be. all that planning has paid off. looks like you can make this work. we can make this work. and the feeling of confidence that comes from our advice... i can make this work. that seems to be universal. i can make this work. i can make this work. no wonder more than 9 out of 10 clients are likely to recommend us. because advice worth listening to is advice worth talking about. ameriprise financial.

♪ when the sawdust settles and the engine finally roars the thing you care about most is a job well done. ♪ but when you get your tools from harbor freight

something about the job feels a little different - your wallet. because we believe no matter what you're working on you need high quality tools at a great price. and that's what we're all about. ♪ whatever you do, do it for less, at harbor freight. ♪ at contango ore, we don't send rockets and satellites into space. we explore for gold on earth, and we've been successful. we have an innovative approach to developing alaska's next gold mines. visit contangoore.com. (♪) looking good, guys! thanks! vacations are better with the credit gods are on your side. i'm coming up! rewards once available to the few are now accessible to the many. earn points for travel with credit one bank, and live large.

ashley: let's check these markets on this friday. we are nicely higher but not as high as we were at "the opening bell," the s&p up 5%, the nasdaq also up more than half of one person. look at those oil prices, continuing to rise. up $0.78, seventy four. $5 for a barrel of crude up 1%. now this.

is real is planning to carry out a significant retaliation within days after iran fired 200 missiles into israel earlier this week. nate foy is in tel aviv. what's the ayatollah saying about this? >> good morning. he just spoke earlier today before thousands of people in a rare friday sermon, he characterized sending 200 ballistic missiles as an act of defense and he said israel will never defeat hamas or hezbollah. he called on all muslim nations to unite against israel. he called the ballistic missile attack legal engines admit and even defended hamas's atrocities on october 7th. >> translator: the storm operation that took place last year around the same day as now is an international right, logical, legal, palestine had

the right. >> reporter: hours before that is really airstrike killed hamas commander in the west bank, iran's foreign minister is in beirut today, he landed just hours after this explosion near the airport. he's meeting with several lebanese leaders today and he just said moments ago that if israel response to tuesday's attack, iran will retaliate with an even stronger attack. israel's loaded ground offensive continues in southern lebanon. the idf is showing off these weapons they say hezbollah left behind while the iron dome stays busy in the north. the idf says hezbollah launched more than 230 rockets and projectile's over the past day. meanwhile israel's airstrikes continue across lebanon, reportedly in beirut going after a potential successor to house on and on the border with lebanon and syria this morning the idf announced it had a total network it hezbollah uses

to receive weapons from iran. ashley: a lot going on. thank you for bringing us up to speed. we appreciate it. trump slamming president biden after he said israel should not target iran's nuclear facilities. listen. >> biden says israel should not target iranian nuclear facilities. what are your thoughts on that? what should israel respond? >> the craziest thing i've heard for the biggest risk we have, the biggest risk we have is nuclear. to make a statement please leave their nuclear alone, i would tell you it's not the right answer because soon they are going to have nuclear weapons and then you are going to have problems. >> reporter: nathan sales, former coordinator for terrorism under donald trump joins me now. why do you think president biden doesn't want israel to hit iran's nuclear sites? >> i think this white house is

afraid of its own shadow. i can't believe i have to say this but he needs to be said, the united states should never try to protect iran's nuclear weapons program. a crazy thing to have to say but here we are. i think what we've seen over the past 3.5 years is this white house shredding america's could ability with iran. the president keeps saying don't, iran keeps doing it anyway and last week before the latest round of attacks on israel the white house put out a statement threatening serious consequences if iran hits israel. iran did it and the reason they did it is because they think they can get away with it because our ability to deter iran has eroded so dramatically so when you hear president biden talking about israel needs to respond or not proportionate way, certain targets are off-limits, that's playing iran's game. iran is always going to win if

we play the game on their terms. ashley: write. let's get to this one. listen to what president biden said when he was asked why he hasn't spoken to benjamin netanyahu. listen. >> talking to israeli prime minister benjamin netanyahu, why hasn't that happened? >> president biden: there is no action going on right now. ashley: there's no action going on right now so i haven't spoken to benjamin netanyahu. what should president biden be doing? >> he should talk to our closest ally in the region who is facing a multi-front war in the north and south and now direct attacks from iran, there's not a lot going on? maybe he is not being briefed but it looks to me like there's a lot going on in the region. president biden needs to be very clear. israel is our ally, iran is our mutual enemy, we need to back our friends to the hilt and impose maximum pressure on iran.

that means sanctions to take away the resources they used to purchase ballistic missiles and to fund terrorism but it also meeting clear that they are fact militarily we are in a position to impose overwhelming and massive costs on iran. peace through strength, nobody wants to water war in the middle east but the way to avoid that is not by begging get for de-escalation and hoping that iran decides to back down. the way to achieve peace is to make iran backed down because they realize they have more to lose than we do. ashley: we will leave it right there but terrific stuff. thank you for joining us today. we appreciate your input. now this. thank you. donald trump just received a hundred of endorsements. the question is from who? lauren: 400 from national security and foreign policy officials, former cabinet members from both the trump

administration and previous republican administrations and retired military officials plus goldstar families including the 11 families of the 13 killed in the afghanistan withdrawal. all of them signing an open letter condemning, quote, the repeated failures of the biden/harris administration's foreign policy. they referred to trump as a, quote, peacemaker. ashley: quite an endorsement. still had mortgage rates are at a two year low. the question is what that mean for housing market? we will talk about that. meanwhile, jesse dean was owner of asheville tea company in north carolina. this is her building by the way, floating away, being ripped apart by helene. we will have jesse's story next.

♪ i have type 2 diabetes, but i manage it well. ♪ ♪ jardiance! -it's a little pill with a ♪ ♪ big story to tell. ♪ ♪ i take once-daily jardiance ♪ ♪ at each day's staaart. ♪ ♪ as time went on it was easy to seeee, ♪ ♪ i'm lowering my a1c! ♪ jardiance works twenty-four seven in your body to flush out some sugar.

and for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. serious side effects may include ketoacidosis that may be fatal, dehydration that can lead to sudden worsening of kidney function, and genital yeast or urinary tract infections. a rare, life-threatening bacterial infection in the skin of the perineum could occur. stop taking jardiance and call your doctor right away if you have symptoms of this infection, ketoacidosis, or an allergic reaction. you may have an increased risk for lower limb loss. call your doctor right away if you have symptoms of infection in your legs or feet. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. ♪ jardiance is really swell ♪ ♪ the little pill with a big story to tell! ♪

ashley: let's look at the markets. we are up quite strongly in "the opening bell" but we lost almost all the momentum now. the dow slightly higher, the s&p the same story, the nasdaq up quarter of a%.

let's look at the 10 year treasury yield, money coming out of treasury, the yield going up. check this out, the tenure of 10.7 basis points at 3. 95%. we haven't been that high since early august. looking at some of the other movers, let's begin with jetblue. >> jetblue is up 13% almost 14%, united is up 6% for american. the justice department would not let jetblue combined with spirit, spirit shares are down 28% whether the apartment% what the department was worried flyers would see higher prices because of fewer carriers, less competition. the wall street journal reports it is considering bankruptcy because they couldn't merge with jetblue. ironically, there is potential bankruptcy that would take out a player and push the demand to these carriers so look at that. also take a look at river young, experian part shortages,

stock is down 7%, they cut their guidance for full-year deliveries after deliveries in the third quarter fell short by 2000. they were upgraded to a buy and increase the price target remarkably all the way to $85. they love the and roman numbers and are highly rated, 4-star medicare advantage plans. enrollment is at 90% for next year. it was at 73% for this year and that contrast to what we saw this week from humana. ashley: there is one on every corner as well. thank you very much. and walgreens. president biden sending 1000 active duty soldiers to help with the cleanup efforts in north carolina. fox weather's brandy campbell is in asheville. give us the latest from your perspective.

's >> reporter: the city of asheville dealing with so much destruction after helene because raging rapids throughout this town but the rivers that go throughout it. if you look around what you can see just complete devastation. i know you can see the flames behind me. i will move out of the way so you can take a look at what we are seeing in this area, they had a propane supplier so you can see the train car behind us, there are also some large propane, excuse me, propane things behind us as well so they are trying to burn off the fuel from that area to move forward with the recovery here but we will continue to go around to show you more of this destruction. there are warehouses here that are no longer standing, washed away or toppled down. the river just a couple blocks down from where we are standing crested at just over 26 feet. for perspective, this was last friday at this time we would have been underwater, this blue

building next to us, they said the water was already up to the rooftop. this was a very dangerous situation here. a lot of people want to start the cleanup but also concerned about what was in the water. is it safe to touch the items inside these buildings and actually cleanup, want to get that protective gear to make sure they are safe? unfortunately we know there's been so far 224 fatalities, 72 of those here, they say there's at least 200 people still missing here on top of that you have that destruction left to clean up, you can see this building right here was almost flat to the ground. now is lofted up into the air you can see, resting, this truck that's almost on its side, these are just some of the jarring images we are still seeing in asheville. back to you. ashley: thank you very much.

devastating destruction in that area. i want you to take a look at this video that shows the asheville tea company being destroyed by the roaring floodwaters caused by hurricane helene as it drifts by. the owner of that business is jesse dean, jesse joins us now. i can't imagine your entire building floated away in these floodwaters. first question is what are you going to do? >> i want to say i am grateful to tell our story, a devastating time, the building you can see how times entire business, all our equipment, our inventory, hard to watch. it's been a devastating situation. in terms of what we will do next, we are a company that focuses on supporting local and regional farmers to create really great tea the best we can and that we are determined to rebuild, to continue to do that work.

ashley: describe the damage in your area, there were warnings put out but did you imagine it could be anything like this? >> no. never. never. this is catastrophic as you can see, and unimaginable situation. we certainly did get evacuation warning so i did want to say our whole team, all our employees are safe, no one was in that building, and for that we are extremely grateful, but we never imagined this could happen. i did see the floodwater on friday and knew that the building was gone and it is shocking that this video emerged of it actually floating in the river. ashley: you lost your business. was your home damaged? >> no. very grateful my home was not damaged. so many have been. so many have been. our community is devastated right now.

ashley: have you reached out to the federal government for help? >> absolutely. we are applying for every possible aid. best thing, anyone wanting to help can do is donate to our website ashevilletcompany.com. there are many organizations in asheville and for local farmers accepting donations. we are seeking all possible aid, that's our first step in trying to rebuild. ashley: hopefully that call for help is heard. thank you for joining us. we wish you the very best of luck as you try to rebuild from what has been a devastating set of circumstances which thank you for joining us. >> i am very grateful. ashley: thank you, trying to recover from absolute carnage.

tell me about this and all rescue in asheville, north carolina. >> reporter: the city's mean animal shelter and remarkably, they were able to save one hundred plus pets in 2 hours time right before the storm and the storm hit and took out everything at the shelter including their mobile medical units. they are asking money, funds to help rebuild. some of these adorable pets still need forever homes. they were temporarily in some cases taken in and they need full adoption. ashley: yes they do. thank you for that. coming up. back in 2,020, the firefighters union was the first to endorse president biden for president. this year they are not backing anyone. we will tell you what their membership said. some democrats in michigan are becoming worried about hillary clinton's 2016 loss. the full report from flint, michigan next.

♪

when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know that's especially true when you're looking for a medicare supplement insurance plan. that's why we're offering "seven things every medicare supplement should have". it's your free, just for calling the number on your screen. and when you call, a knowledgeable, licensed agent-producer can answer any questions you have and help you choose the plan that's right for you. the call is free. and there's no obligation. you see, medicare covers only about 80% of your part b medical

expenses. the rest is up to you. that's why so many people purchase medicare supplement insurance plans like those offered by humana. they're designed to help you save money and pay some of the costs medicare doesn't. depending on the medicare supplement plan you select, you could have no deductibles or copayments for doctor visits, hospital stays, emergency care and more. you can keep the doctors you have now, ones you know and trust, with no referrals needed. plus, you can get medical care anywhere in the country, even when you're traveling! with humana, you get a competitive monthly premium, and personalized service, from a healthcare partner working to make healthcare simpler and easier for you. you can choose from a wide range of standardized plans. each one is designed to work seamlessly with medicare and help save you money! so how do you find the plan that's right for you. one that fits your needs and your budget? call humana now at the number on your screen for this free guide. it's just one of the ways that

humana is making healthcare simpler. and when you call, a knowledgeable, licensed agent-producer can answer any questions you have and help you choose the plan that's right for you. the call is free. and there's no obligation. you know medicare won't cover all your medical costs. so, call now and see why a medicare supplement plan from a company like humana just might be the answer.

ashley: the games at the beginning of the session have been given up. we got a nice boost from the jobs report which was actually crushed, beat expectations. all the wind has gone out of the sales. we are slightly higher, the nasdaq up half of one%. let's go to the campaign trail. later today vice president harris is going to be holding a rally in flint, michigan. trump and harris remained neck in neck in the polls. bill melugin in flint this morning. why are democrats becoming worried about this crucial state? >> reporter: the polling is getting incredibly tight.

there is a large uncommitted movement which the harris campaign is trying to win over but this is going to be kamala harris's first visit to michigan. in a couple weeks, she was last in detroit two weeks ago. she did a lifestream event with oprah winfrey. harris will be coming from wisconsin when she was joined on stage by an unlikely guest. look at this video. congresswoman liz cheney is on the campaign trail with kamala harris. they were on stage at harris campaign event yesterday. the two of them finding common ground in their opposition to donald trump who is now responding. >> i have never voted for a democrat, but this year, i am proudly casting my vote for vice president kamala harris. >> lose cheney as a leader who put country above party and above self, a true patriot. it is my profound honor, my profound honor to have your support.

>> kamala harris is on the campaign trail with liz cheney. your thoughts on that? >> lose cheney lost for congress. liz cheney is a stupid war hawk. all she wants to do is shoot missiles at people. >> reporter: harris has faced challenges in michigan including an uncommitted movement she inherited from president biden. that's where voters are pledging to not vote for the democrats due to their handling of the war in gaza. this state has a large pro-palestinian and lebanese population and as the 1-year anniversary of the october 7th massacre is just days away, tim walz has been trying to appeal to muslim voters. back out here live, we are waiting for kamala harris to show up and campaign in flint. michigan governor gretchen witmer sent a letter to the

state department where she is urging them to start evacuating american citizens, dealing with surge pricing for local airlines and to a fast-track getting charter flights for stranded citizens in lebanon. back to you. ashley: thank you very much. one county in michigan could play a major role in determining who wins the election. what are the voters saying about each candidate? lauren: grand rapids is the second largest city in michigan. you could call it a swing county in a swing state. kent went for trump in 2016, biden in 2020, this time we don't know. it seems all the issues matter to the residents. >> most important issue to me

is immigration, abortion, and basic human rights. >> too much division in this country. people on the left-hand people on the right hate each other a lot. i don't think that's right. >> i'm still undecided. >> one day i will go one way or the other day i will go another way. >> low economy number one. i would say the situation at the border number 2. what is going on around the world globally number 3. >> continued inflation. >> reporter: a lot of economy, candidate character, trump wins on the former, harris on the ladder and all of them keep going michigan. ashley: fascinating stuff. back to this story. thousands of homes were uninsured. how bad is this insurance crisis? that's coming up next.

it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great! why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation. heard my name! i swear to god, kevin! -we told you to wait in the car. everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people. ashley: only a fraction of the homes hit hardest by hurricane helene were insured.

ryan, we know that insurance has always been an issue in florida but how bad is this insurance crisis? >> it's $34 billion bad. one of the greatest insurance crises we will see in a long time. what's more frightening to me is only 2% to 4% of homeowners actually have flood insurance. if you get it through the national flood insurance program it is $1000 a year on top of costs. it is a travesty. it a tragedy. ashley: it is. let's talk about the housing market overall. what is your current outlook? is improving? >> inventory is up. interest rates are at 20 month lows. i have a buyer on the sidelines, people are waiting, they want to see if deals will come. no one wants to catch a falling knife that no one wants to jump into a speeding car. i'm optimistic about the

market, that's the nature of my life. that's my job. year over year, there are head winds. people are waiting to see what happens in november and that will take us into a roaring 2025. ashley: a lot of people sitting with 2. 9%, 3% 30 year fixed mortgages. right now the 30 year mortgage around 6.12%. is that the new normal? >> once we get mortgage rates into the fives to buy down points, and liquidity back into the market, and they are under 5%. even where it is today, most homeowners are saying we will wait longer.

only 2.5% of the homes in the united states will trade hands this year. that is, we are creating new lows but it can't last forever. what goes down must come up eventually. which is why 2025 -- ashley: amen. appreciate your time and expertise. by the way, cheryl casone a guided tour of the world's thomas residential building, she got a look inside the $150 million duplex penthouse. watch this. >> reporter: welcome to central park tower, the world's tallest residential building. what can you get for $150 million? let's find out. this is a penthouse in the sky. we are staring at the skies above manhattan. >> absolutely correct.

1350 feet in the air. you are looking at the whole of manhattan. this is the view, the best view of central park you can never have. this is the tallest residential building in the world with everything by way of luxury and quality. >> reporter: whoever buys it has access where this is the private bar, private dining room and the highest ballroom in manhattan and if that is not enough for you how about a cigar? ashley: the view is remarkable. the sky houses the second most expensive place for sale in manhattan but $195 million apartment in the same building. still ahead, steve hilton, tennessee senator marsha

blackburn and celebrity chef andrew rule. the 11:00 hour of "varney and company" is next. ♪ ♪ (luke) homes-dot-com is a new, elevated home-shopping experience.

beautiful design, tremendously rich content, and, my favorite touch, it's the only site that always connects you to the listing agent. feels like a work of art! (marci) lovely. what about the app? (luke) uh-oh! look what i did. it's ringing. hello? hello? (marci) they can't hear you. (luke) hello? (marci) because you glued a frame over the microphone. (luke) i think i've glued the frame over the microphone. (vo) ding dong! homes-dot-com. we've done your home work. ♪ when the sawdust settles and the engine finally roars the thing you care about most is a job well done. ♪ but when you get your tools from harbor freight something about the job feels a little different - your wallet. because we believe no matter what you're working on you need high quality tools at a great price. and that's what we're all about. ♪ whatever you do, do it for less, at harbor freight. ♪

the future is not just going to happen. you have to make it. and if you want a successful business, all it takes is an idea, and now becomes the future where you grew a dream into a reality. the all new godaddy airo. put your business online in minutes with the power of ai. (man) these men of means with their silver spoons.

what will become of them when they discover robinhood gold allows others to earn their very liberal rates on idle cash. they would descend into chaos. leo! [whistling] ever since we introduced him to the farmer's dog, it's changed his quality of life. leo's number 2's are really getting better. better poo, better you! that's a good boy, leo! ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com.