>> a lot of people lost everything already and so much debris along the roadways and looks like a third world country. >> i believe iran is on its heels, stuart, and because they're losing their two major proxy groups, hamas and

hezbollah, they didn't think that was going to happen. >> one thing we know she's going to do is get rid of the filibuster and the flood completes are open for every left wing idea. stuart: that's the very, very latest beatles song that just came out a year ago. tay put it together using ai. >> yeah, ai. stuart: it's a great song. i like it. thank you for playing it, producers. 11:00 eastern time. tuesday, october 8. check the markets, especially the nasdaq. a solid gain right there. up 1 point # 8% as we speak. over 4% on the 10 year and the

nasdaq is rallying. oil is down $3 back to $73.56.

stuart: in north carolina, there's a monday, residents made clear same story in florida. you're prone to serious weather challenges and can't afford to insure your home and property taxes going up and building and clearing the debris cost as lot of money. combining insurance with property taxes and some states like florida, are no longer affordable alternative to new york and new mexico. it's quite possible that the hurricane's financial fallout will reverse the migration trend. for years, height of new york, new jersey and illinois decamped to florida. still no income tax but insurance and already high home prices might make some think twice about heading south.

they don't have all the people on the ground they need. why is secretary mayorkas saying they don't have enough money? kamala harris gave lebanon $157 million this week and how come lebanon gets but but not enough for americans and when questioned, karine jean-pierre stormed out of the press briefing. it's the sheer scale of the disaster that vastly expands the problem. helene was 800 miles wide and milton may deliver 15-20-foot storm surge and both deliver rain measure maryland feet. there's no quick -- measured in feet. no cheap quick fix. it is indeed a costly and traumatizing disaster but what stands out is the way people came together, helping each other and it's called community spirit. it's alive and well and living in america. third hour of varney starts now.

stuart: jimmy failla joining me this morning. there's community spirit. >> yeah, one of the sadly silver linings to the massive the government reaction it's hard to feel good right now knowing that we have fema openly telling us that they don't have all the money and preparation they need at a time when we have prioritized the wellbeing of so many other countries and people are rightfully upset about this because it's not america first. only thing i'll give biden a little credit for is he thinks the caroline that hurricanes are an nhl hockey team.

he has no idea. he's like i think they're goalie is doing a great job. why do they need all this money? they had a great game last night. stuart: this seared donald trump said coachella is what america will be in a harris administration. it's primary hi hispanic and going after the vote there. the youth vote too as well as kids. >> it's a multi-day music festival and people get smashed and watch their first bands. >> look at kamala, she's underperforming with the latino vote and behind where biden was and most of the people migrating with them.

going for that and that being said i don't doubt there's sweet fundraising out there to scoop away this time of year and don't make dol dollars dollars and se. stu. stuart: there's reports that andrew cuomo or letitia james may try to run for the mayor of new york city. any insight? >> he had a bit of a problem with the nursing homes digging back to the covid days and not rolling through the try and it's one thing and recognition. do they deserve to win? no. a lot of people live here and

grow up here. in a weird way, i don't know what the beating is and they take all your money and going to do a dominate ricks and that's going to be filthy. stuart: you were a taxi driver. >> d dominatrix. stuart: is new york today worse than it's ever been than you mo it? >> yes, i have genuine survivor guilt and going to get chased. that's going to be on the streak. going for the show and going for that. astuart: jimmy, hank very much.

see you later. green across the board and especially for the nasdaq and the big tech is doing okay. nasdaq up 1.25%. mike murphy here with me. rising yields on treasuries and oil prices rising and how do you play on a market like that? >> short answer and stick to your game plan. maybe the fed isn't going to cut interest rates for the economy and going to bend and fed cuts more? it's a tough time to be an investor and people start thinking that way, they're overthinking it and it's going to head for a soft landing. the fed appears to have already told us or signal they're going to cut 25 basis points.

stuart: i'm going to return to a subject i've often discussed with you before, and i know what you're going to say. what is wrong with me putting some money into a 4.5% money fund, totally safe and know what you're gone that get and totally liquid. what's wrong with doing that in times of maybe some anxiety? >> nothing is wrong with it, but you said the exact same thing to me. we can pull up the tape about 10 months ago at the beginning of the year. stuart: i've said it a dozen times to you. >> you got your 4%. i got 21% being invested in the market. if you said i'm planning for the next year and need to be liquid, go to the cash and can't tell you what the market does over the next 12 months but saying i'm talking about the next 10 or to years of my -- 10 or 20 years of my life, isn't it going to get you for the market and going for them proving it.

stuart: it's down 2%. ashley: it is. the ride share company looking to attract more drivers with better pay on trips that end up being longer than originalliest mated? going to pay out more and they'll introduce a apple is the highest market cap and part nor announced they'll be boosting the capacity to meet the "crazy demand" for nvidia blackwell chips and artificial

intelligence and microsoft moving high and nvidia up 3.5%. that's what we're watching, stu. back to you. stuart: they're co-ing well. thanks, ash. coming up, hurricane milton heads towards florida, barstool sports guy dave portnoy asking anyone that's able to help the animals. portnoy is here telling us how you can help. one year after hamas logged a terrorist attack on israel, hamas in a three front war. how long can they keep that up. army helicopter pilot amber smith talks to us next.

♪ i'm gonna hold you forever... ♪ ♪ i'll be there... ♪ ♪ you don't... ♪ ♪ you don't have to worry... ♪ so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari?

hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all... the answer is j.p. morgan wealth management.

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. stuart: hezbollah acting leader says they will extent rocket

fire deeper into israel. he's saying that just as the idf says it's expanding the ground incursion in southern lebanon. trey yingst is in israel. what's the latest, trey? reporter: hey, stuart. good morning. here in israel's third largest city of hypha, more than 100 hezbollah rockets rained down and more than a few slipped past and slammed into the ground below. it's caused the home front command to change guidelines for >> it was a rocket barrage fired by hezbollah in the third largest city of haifa. one of them slipping past israel's defense system the iron dome and slamming into the interception behind me and first

responders are on the scene and checking to see if there's any injuries and quite a kai yacht ick moment for the city. chaotic moment for the city and first time the rockets hit since the round of conflict ban. >> i was in my house sitting down and then boom. there's an alarm and how can i raise kids here? i think about people on the other side, how can they raise kids there? reporter: the rockets took place earlier today and indication that the israelis are targeting the launching position and going for them and it's how it's fighting at the moment.

>> the houthis to carry out the attacks against israel in contrast, look back four years and we had a president, president trump brought peace to the region and cut off funding to iran and going for the leader and stuart: russian arms dealer, viktor bout, part of the

prisoner exchange with brittney griner and he's selling weapons to iran-backed houthis. listen to this. >> so the arms dealer that president biden freed in a prisoner swap, victor, is now reported to "the wall street journal" of selling weapons to the houthis. does president biden think that's a crime? >> i can't confirm that report today and i believe in "the wall street journal". i want to put out a couple of facts here that's important to note, look, securing the release of americans who are being hell hostage. it's a big priority and priority for this administration. stuart: amber, hostage taking works, doesn't it? >> what's insane about this is the biden administration through this prisoner swap selling to the houthis and shipping plan

with them and biden administration going to enable this and it baffles -- should baffle everyone's mind that the biden admin vagues thought that they could release a terrorist arms dealer and thought they'd never hear of him again. in fact what we're seeing is exactly what anyone that works in the national security space would understand, which is that he's going to immediate limpet back into the business of supplying terrorist weapons to kill americans and our allies. stuart: amber smith, thank you very much. appreciate it always. >> think the price of oil would go up? no, it's down. check out energy names on the stock market and see the exons

of this world is the phillips o f this world and valera energy is down in terms of stock price and price of oil. quick check of boeing and reported delivers of 33 commercial jets in the month of september. that makes # 91 deliveries jap through end of -- 291 deliveries january through end of september. that's well below last year. faa just issued a safety alert over the boeing 737 rutter issue. boeing at $154 a share. down to that. ash, in the biden administration, is it going to start or restart more decommissioned nuclear plants? biden admin vagues says

reactivation helps meet the soaring demand for emissions-free electricity and biden also called for a tripling of u.s. nuclear power capacity and needing for them and going for solar and wind power even though offshore wind sales have been shelled in oregon and gulf of mexico and the equipment issues and going with them and more. stuart: mike, would you invest in nuclear energy? i take it you would? >> i would for sure. i need to understand it a bit better or understand which individual company i was investing in, but the demand for nuclear energy is going to get a holt greater and seeing with artificial intelligence in chips and seeing a huge demand for energy in the country.

it's not just electric so we need something like a cleaner energy type like nuclear and can be done safer and yes, i'm open to it and definitely be open to investing in it. stuart: mike, thank you. coming up, 14 sates suing tiktok for harping the health of children and new features and great migration is coming undone. rising insurance rates and extreme weather making people reconsider the move. karol markowitz was part of the original migration. we'll have her take on this. karol is next. ♪

we are on a mission to visit every national park in the states. we've done a lot, but we have a lot to do. when i was diagnosed with skin cancer, i was told that mohs surgery was the only answer. i just didn't want to go through all that. i came home and i did my own research. that's when i found gentlecure. if you, like millions of others, are affected by skin cancer. it's important to know that surgery isn't the only option. there's another choice, gentlecure. gentlecure uses low energy x-rays to kill cancer cells with a 99% cure rate. plus, there's no cutting, no surgical scarring, and no downtime. throughout the course of the treatments, i was able to live my life and the cancer was gone.

to learn more, call today or go to gentlecure.com. stuart: on the market and nasdaq composite and solid gain and little green for the dow and s&p as well. mike murphy is here with his stock picks and back to one of his old favorites, which i invested in by the way: you canner. you did well for me. now what? >> so far, stay tuned and there's a lot we talk about with uber being able to pull other levers or additional levers and talking about their artificial intelligence and how they're using artificial intelligence to work with drivers on their uber

eats platform. this is a big change and uber, where it is right now and stay where they are, get priced as ai company or company using artificial intelligence, it gets to the $100 a share level that much quicker. stuart: any idea how uber eats helps ai? >> they're making it easier for restaurants to communicate with the drivers and drivers to get the end product to you, the consumer. stuart: rubric. i don't know what they are. >> kay tafanely management cybersecurity and tech ipo and we own this also. a tech ipo from earlier back in april, their earnings are doing better than wall street estimate and losing money but from where they are right now, look at how the stock is moving up. old high is 40 and hit when the week comes out.

>> nobody alive today understands what kind of devastation can happen in and around the tampa bay area up

here down to sarasota and points south. 150 miles an hour hurricane now and pressure is extremely low. the hurricane is in the mode right now of redeveloping and expand manager size. it'll be 150, 15, 160 up and down. but the idea is intensifying hurricane moving toward florida. here we are tomorrow morning 8:00 a.m. normally eastern time and approaching the coast and expanding storm. this is very much like if you have the bathtub with water and pushing the water with your hand, move some water and storm surge against the coast and hurricane winds through orlando

and off the east coast and it'll affect the northeast coast of florida almost all of florida event and worst is in the middle but affects north and south as well. here's the pore cast for storm surge and think about this, going to the beach and goes there's the high tide line, up to 15 feet above that high tide line. that's what they're forecasting for somewhere in the zone an the east coast, jacksonville area and up to five feet of area up and down the st. johns river and this is a big, big deal for millions of people this will be disruptive for months if not years to come for the area that gets the worst of it. somebody will get a catastrophic life changing event coming up

here tomorrow night. stuart: we've been warned. thank you. this headline from "the wall street journal" and great florida hiation is coming undone and karol markowitz joining me now. you were part of the great migration. is florida becoming too expensive and rising home costs and extreme weather. is florida the attractive place it was when you went down there? >> well, it is to me. obviously the whole country wasn't going to meaux to our fantastic state and the migration has to slow at some time and the idea there's nothing wrong and no problems whatsoever and it's not unrealistic and seeing in news reports as if that makes any sense. it really country. stuart: what's your assessment

of governor desantis' handling of these two storms so far? >> it's been really amazing to watch it. it is leadership in action. stuart: we seem to have a problem. >> he's been unbelievable. stuart: karol, i have to leave it there because you're coming in and out and don't have clear audio from you. it looks like you're staying in florida weathering the storm and you like it. see you again soon, karol. and calling on airlines to accommodate not to encourage enimaging in price gouging and a number of missing from hurricane helene has been significantly reduced from the president to his addressed for the storms and

ashley: they want to change features on the app like around the clock moteifications and endless streams of video and beauty filters and 14 state attorneys general led by new york and california have piled suits in state court over violations of state and consumer protection laws. selling to non-chinese buyer or experience a nation-wide ban and current deadline for that decision is generally the 17th but things like this certainly won't help. stu. stuart: got it. thanks, ashley.

kamala harris says she's going to pay for all her plans -- her spending plans by raising taxes on the rich. jaire i >> i'm going to make sue the richest among us can afford it, pay their fair share in taxes. it is not right that teachers and nurses and fire fighters are paying a higher tax rate than billionaires. stuart: i'm m not sure that's te but dave portnoy is a wealthy guy and does he already pay a fair share? he'll be here to respond to harris. portnoy is 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. at harbor freight, we design and test our own tools... and sell them directly to you. no middleman. whatever you do, do it for less at harbor freight. save even more at our parking lot sale this weekend. (♪)

it's time to grow your business. time to get customers. time to make your future, now. create a website in minutes. how? godaddy. coding... nah. but all that writing? nope. ai, done, built, up and running. you have what it takes. now take it to the next level. create a beautiful website in minutes with godaddy. let's get to work start for free at godaddy.com 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.

♪ me and my friends ♪ ♪ life is better with the credit gods are on your side. rewards once available to the few are now accessible to the many. credit one bank. get cash back rewards, and live large.

>> listen to the big spending plans. >> vice president, the question was how are you going to pay for it? >> well, one of the thins is i'm going to make sure the richest among us who can afford it pay their fair share in taxes. it is not right that teachers and nurses and fire fighters are paying a higher tax rate than billionaires and the biggest corporations. i plan on making that fair. stuart: dave portnoy is a wealthy guy and joining me now. how do you feel when kamala harris says you have to pay your fair share. i feel you do already though. >> yeah, i pay a ton of taxes and since identify become rich, because i was poor. when i started i had no money and didn't pay many taxes and now i make a lot and pay a lot.

i go everywhere and where is the rich person tax break and they say it doesn't exist. i feel like an idiot when i became rich because the way politicians talk. i have no idea what she's talking about. rich people pay a lot of taxes. stuart: they nevada say what is a fair share. okay, you make a million a year. just because you make a million, what do they think is a fair share of that million dollars? $500,000? $700,000? they never say what a fair share is. drives me up a wall. >> i have no idea what they think because i pay a ton in tacks. i'm happy to pay taxes and i understand we live in society and need military and roads and schools, but they mismanage what they spend and that's why i never, when i do charity, i contested trust the government. i contested trust them at all so why would you want to pay all the taxes to somebody who you just fundamentally don't trust how they'll spend the money tobin with. stuart:-some places, blue states, if you make good money,

you're actually losing 50% of your mechanic. the income that you work for, half of it is going to the government in income taxes. i think that's legalized theft. i would be prepared to pay 30%, i'm up for 30% but 50%, that's theft. >> that's why i'm in florida, stuart. i was in new york and when we started making money, i looked at my finance and said at the end of five years, i could have a multimillion dollar house and a place to live or be in mai with the same amount of money and no house. that's why everyone moved to florida. i agree with you. again, doesn't explain the inflation and devastation and tax the rich and tax the rich and tax the billionaires. nothing to say but no real soft spot. >> you're heading to the texas state fair and going for them

and more for the bottom. >> i'm the king of the south and everyone loves me. i could run for president and they love me and i love texas and the south. i don't know if i'll survive all this fried food. that's a different story. i'm very excited to go, we're going to the red river and better call it the rivalry and shootout for oklahoma and texas. >> a call to action and people to foster dogs in the tampa area and in the path of hurricane milton. >> we put out this add in south florida and there's an outdoor shelter there that medially shelter and the floods would affect the dogs and we ask for people to basically be a foster for a week. take in a dog and probably fall

in love with the dog and keep it, but proud to say we had a great reaction to the post and a ton of dogs did find temporary homes and they'll survive because obviously it looks like we have a pretty severe storm coming through. we help dogs -- i don't know about people but we help dogs. stuart: dave portnoy, come back soon. good luck with fostering of the dogs down there. it's a great idea. stuart: we mentioned milton is heading towards florida and these hurricanes are causing property taxes and insurance rates to spike in florida. find out from florida's chief financial officer. that's next.

stuart: millions across florida's gulf coast are bracing for milton and expected to bring life threatening storm surges and, adam, milton is now a cat 4 and could weaken to a cat 3.

could is weaken further after that? >> unlikely it'll get weaker than a category 3, stuart. there's upper level winds that will back it down. even though it's kind of backing down, you like that the winds speeds are a bit lower, it grows when it does that and impacts more people. how that kind of plays out. 150 miles an hour wind right mow currently forecasted by the time you get to tomorrow overnight, tomorrow evening at 125, that's a cat 3. as it makes this move and starts to slowly weaken, it does expand. currently you're looking at a storm that's about 200 miles in diameter and closer to 400 miles in diameter and dealing with the wind and ultimately a bigger storm can push more water and storm surge is a larger problem. this is the highest storm surge forecast we've ever had in tampa bay, up to 15 feet would be absolutely devastating and further south still devastating numbers. ft. myers and 10 feet of storm

surge because of the powerful storm. the wind is coming down and that's good news and they'll be song and hurricane warnings and stretching all the way across the state and it holds together enough winds and by the time we have a problem with orlando and hurricane warning and strong winds and up to 100 miles an hour and those maximum sustained winds and 100 miles an hour and greater is what we're looking at and kind of holds itself together till it hits the atlantic ocean and that reason we're expecting that to be widespread and up towards orlando and down towards ft. myers and a real issue because of the strong winds that hold it together and of course the flash flooding and this is still a big rainmaker and this is the wind and rain and orlando could be flooding as a result as well and it's really all of those things,

stuart. even if this falls to a category 2, the storm surge picked up all that water and it's going to be an issue, no matter what. stuart: adam klotz, thank you very much indeed. i want to bring in jimmy petronis, the chief financial officer in florida. are homeowner rates going to spike after milton? >> really going to depend on how the impact and damage of the storm is. right now is the path of the storm that is proposed and you're looking at somewhere north of 10, maybe $20 billion worth of insured losses. now the carriers in the state of florida, they have been able to raise the type of capital in order to handle a storm. we've got nine new companies coming into the state, but everything that we're focused on right now is the urban search and rescue preparedness and resources from all corners of the country, 1200 open search and rescue first responders preparing to deploy out when the

storm passes. stuart: what are you getting from the federal government? >> so, the feds have been providing the individual assistance programs right now. but some of the challenges we've had is the amount of debris that was created by helene in pinellas county and st. petersburg and most populated square foot per state and that's the homes and that much flood damage and debris has to be moved and there's been some challenges between the contractors and fema and the sorting process. at the end of the day, we have to get the debris gone so they don't become projectiles when the storm makes land fall. stuart: property taxes going up in the aftermath of the storms? >> so, property taxes will reflect whatever the functional usefulness of the property is. if your home has been damaged and that new appraised value is less, it'll be a reprieve so we did this after hurricane ian,

there'll be a rebate system in place, but the individual has to apply before march 1 medical record to get that rebate back. if your home is not valued as it was pre-storm, you shouldn't be paying taxes on a home that was not harmed. so if your home was harmed, you'll have a discount. stuart: is florida becoming too expensive smuggling "the wall street journal" said the great hiation to florida is coming undone. property taxes and higher insurance rates, difficult weather. becoming too expensive? >> i don't know. there's over a million, 1 at any 1.2 million people moving to florida alone last year and 1200 people a day that moved to the sate of florida last year alone and things we're definitely doing right and every time i talk to the new citizens that move here, number one reason we're being taxed out of

lifestyle and new york and new jersey and places i'm never going to live. florida allows you to keep more of your money. stuart: i don't know anybody coming back to new york, new jersey, illinois, california, et cetera, et cetera. i don't know anybody doing that. jimmy patronis, thank you for joining us. difficult situation but blahed you're with us. final check of the markets, dow is up 70, s&p up 45 and nasdaq is where the action is, up 1 at a1.25%. 402 to be precise. it's that time, the tuesday trivia question. this is a good one. i don't immediate to look this up. how many spikes on the statue of liberty's crown, 5, 7, 9, or 13? there's a right answer and you'll get it right after this. ♪

when you're looking for answers, it's good to have help. because the righ .. 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. (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. stuart: a good question, you can look it up, i did not but nonetheless here is the question. how many spikes are they are on the statue of liberty's crown, 5, seven, nine, 13. ashley, your first.

ashley: i remember climbing up inside and looking out at the crowd but i don't remember how many spikes. number 3, nine. stuart: mike murphy says he knows the answer categorically. >> i was just trying to intimidate you. i was going to say nine but going at number 2. stuart: i'm going to do that too. i'm going back to seven spikes. the answer is seven. i knew it. the national park service is the seven spikes represent the seven sees and seven continents. however the official library and, meant to be a halo showing lady liberty. thanks for being with us. it is yours.